PT Intermedia Capital Tbk (ISX:MDIA) Altman Z2-Score: 0.27 (As of Jul. 03, 2026) — 93% Below Median


ISX:MDIA PT Intermedia Capital Tbk ISX:MDIA
46 GF Score
Price Rp59.00
GF Value Rp25.42
Valuation Significantly Overvalued
! 4 Warning Signs
View Full Analysis

What is PT Intermedia Capital Tbk Altman Z2-Score?

PT Intermedia Capital Tbk ISX:MDIA +3.51% 46 Altman Z2-Score is 0.27 as of Jul. 03, 2026, which is 93% below its 10-year median of 4.09. GuruFocus rates ISX:MDIA with a GF Score™ of 46/100 and a GF Value™ of Rp25.42 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 1,022 Media - Diversified companies, PT Intermedia Capital Tbk ranks worse than 67.42% on this metric.

Altman Z2-Score, also known as Z"-Score, is used to predict the likelihood that a non-manufacturing company (excluding property/financial company) will face bankruptcy within a two-year period.

Warning Sign:

PT Intermedia Capital Tbk has a Altman Z2-Score of 0.27, indicating it is in Distress Zones. This implies bankrupcy possibility in the next two years.

The zones of discrimination were as such:

When Altman Z2-Score <= 1.1, it is in Distress Zones.
When Altman Z2-Score >= 2.6, it is in Safe Zones.
When Altman Z2-Score is between 1.1 and 2.6, it is in Grey Zones.

The historical rank and industry rank for PT Intermedia Capital Tbk's Altman Z2-Score or its related term are showing as below:

ISX:MDIA' s Altman Z2-Score Range Over the Past 10 Years
Min: -3.89   Med: 4.09   Max: 10.26
Current: 0.27

During the past 13 years, PT Intermedia Capital Tbk's highest Altman Z2-Score was 10.26. The lowest was -3.89. And the median was 4.09.


PT Intermedia Capital Tbk  (ISX:MDIA) Altman Z2-Score Explanation

The original Z-Score model was based on publicly traded manufacturing companies while the Z2-Score, also known as Z"-score can be used for any type of company excluding property/financial companies. Both Z-Score and Z2-Score describes the financial health of a company, and its likelihood of financial distress.

X1: The Working Capital/Total Assets (WC/TA) ratio is a measure of the net liquid assets of the firm relative to the total capitalization. Working capital is defined as the difference between current assets and current liabilities. Ordinarily, a firm experiencing consistent operating losses will have shrinking current assets in relation to total assets. Altman found this one proved to be the most valuable liquidity ratio comparing with the current ratio and the quick ratio. This is however the least significant of the five factors.

X2: Retained Earnings/Total Assets: the RE/TA ratio measures the leverage of a firm. Retained earnings is the account which reports the total amount of reinvested earnings and/or losses of a firm over its entire life. Those firms with high RE, relative to TA, have financed their assets through retention of profits and have not utilized as much debt.

X3, Earnings Before Interest and Taxes/Total Assets (EBIT/TA): This ratio is a measure of the true productivity of the firm's assets, independent of any tax or leverage factors. Since a firm's ultimate existence is based on the earning power of its assets, this ratio appears to be particularly appropriate for studies dealing with corporate failure. This ratio continually outperforms other profitability measures, including cash flow.

X4_2, Net Worth (Total Stockholders Equity - Preferred Stock)/Total Liabilities (NW/TL): it compares a company’s stock net worth with its total liabilities and can be used to assess the extent of its reliance on debt.

Read more about Altman Z2-Score, the original research on Z-Score and the additional research on Z2-Score.


Be Aware

Altman Z2-Score does not apply to financial companies.


PT Intermedia Capital Tbk Altman Z2-Score Related Terms


PT Intermedia Capital Tbk Altman Z2-Score Historical Data

* Premium members only.

The historical data trend for PT Intermedia Capital Tbk's Altman Z2-Score can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

PT Intermedia Capital Tbk Altman Z2-Score Chart

PT Intermedia Capital Tbk Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Altman Z2-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.20 3.35 1.44 -3.63 -0.14

PT Intermedia Capital Tbk Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Altman Z2-Score Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -3.89 -3.43 -2.04 -0.14 0.27

ISX:MDIA vs NXST: Altman Z2-Score Comparison

For the Broadcasting subindustry, PT Intermedia Capital Tbk's Altman Z2-Score, along with its competitors' market caps and Altman Z2-Score data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


PT Intermedia Capital Tbk Altman Z2-Score vs Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, PT Intermedia Capital Tbk's Altman Z2-Score distribution charts can be found below:

* The bar in red indicates where PT Intermedia Capital Tbk's Altman Z2-Score falls into.


ISX:MDIA
46GF Score
PT Intermedia Capital Tbk ISX:MDIA
Altman Z2-Score is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

PT Intermedia Capital Tbk Altman Z2-Score Calculation

Altman Z-Score model is an accurate forecaster of failure up to two years prior to distress. It can be considered the assessment of the distress of industrial corporations.

Z2-Score, also known as Z"-Score is the Z-Score for non-manufacturing companies excluding property/financial companies.

PT Intermedia Capital Tbk's Altman Z2-Score for today is calculated with this formula:

Z=6.56*X1+3.26*X2+6.72*X3+1.05*X4_2
=6.56*-0.0277+3.26*-0.018+6.72*0.0102+1.05*0.4184
=0.27

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency. GuruFocus does not calculate Altman Z2-Score when X4_2 value is 0.

Trailing Twelve Months (TTM) ended in Mar. 2026:
Total Assets was Rp3,129,717 Mil.
Total Current Assets was Rp576,271 Mil.
Total Current Liabilities was Rp662,836 Mil.
Retained Earnings was Rp-56,239 Mil.
Pre-Tax Income was -8315.864 + -29254.353 + 498.613 + 46869.764 = Rp9,798 Mil.
Interest Expense was -4584.199 + -6660.929 + -5197.745 + -5679.178 = Rp-22,122 Mil.
Total Liabilities was Rp2,194,222 Mil.

* Note that for stock reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data.

X1=Working Capital/Total Assets
=(Total Current Assets - Total Current Liabilities)/Total Assets
=(576270.731 - 662835.853)/3129717.378
=-0.0277

X2=Retained Earnings/Total Assets
=-56239.06/3129717.378
=-0.018

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(9798.16 - -22122.051)/3129717.378
=0.0102

X4_2=Net Worth/Total Liabilities
=(Total Stockholders Equity - Preferred Stock)/Total Liabilities
=(918164.178 - 0)/2194222.124
=0.4184

The zones of discrimination were as such:

Distress Zones - 1.1 < Grey Zones < 2.6 - Safe Zones

PT Intermedia Capital Tbk has a Altman Z2-Score of 0.27 indicating it is in Distress Zones.

Frequently Asked Questions Learn more about Altman Z2-Score →
What does a Altman Z2-Score of 0.27 mean?
PT Intermedia Capital Tbk (ISX:MDIA) has a Altman Z2-Score of 0.27 as of Jul. 03, 2026. Z2-Score is the Z-Score for non-manufacturing companies excluding property/financial companies, which measures a company's bankruptcy risk. View historical data on PT Intermedia Capital Tbk and its competitors. This is 93% below median its historical median of 4.09. According to the industry distribution chart, PT Intermedia Capital Tbk ranks #689 out of 1022 companies in the Media - Diversified industry, placing it in the top 67.4%.
Is PT Intermedia Capital Tbk's Altman Z2-Score too high?
PT Intermedia Capital Tbk's current Altman Z2-Score of 0.27 is 93% below median its 10-year median of 4.09. The Media - Diversified industry median Altman Z2-Score is 2.52. PT Intermedia Capital Tbk's value of 0.27 is 89.3% below this industry median. Based on the distribution chart, PT Intermedia Capital Tbk ranks #689 out of 1022 companies in the Media - Diversified industry, which is below the industry midpoint. Overall, PT Intermedia Capital Tbk has a GF Score™ of 46/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does PT Intermedia Capital Tbk's Altman Z2-Score compare to NXST?
According to the Media - Diversified industry distribution chart, PT Intermedia Capital Tbk ranks #689 out of 1022 companies for Altman Z2-Score. This places PT Intermedia Capital Tbk in the lower half of its industry. The industry median Altman Z2-Score is 2.52. PT Intermedia Capital Tbk's value of 0.27 is 89.3% below this benchmark. While the company's 10-year median is 4.09 vs. the industry median of 2.52, PT Intermedia Capital Tbk has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Altman Z2-Score for a Media - Diversified company?
The median Altman Z2-Score among Media - Diversified companies is 2.52, based on 1,022 companies in the industry. Companies in the top quartile (top 25%) have a Altman Z2-Score significantly above this median, while those in the bottom quartile fall well below. However, Altman Z2-Score should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. PT Intermedia Capital Tbk's current Altman Z2-Score of 0.27 is 89.3% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Altman Z2-Score mean?
A high Altman Z2-Score can signal that a stock is expensive relative to its fundamentals. Z2-Score is the Z-Score for non-manufacturing companies excluding property/financial companies, which measures a company's bankruptcy risk. View historical data on PT Intermedia Capital Tbk and its competitors. For the Media - Diversified industry, the median Altman Z2-Score is 2.52 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT Intermedia Capital Tbk's current Altman Z2-Score is 0.27, which is 93% below median its own 10-year median of 4.09. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Intermedia Capital Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Intermedia Capital Tbk (ISX:MDIA) is currently considered Significantly Overvalued. The stock's GF Value™ is Rp25.42, compared to a current price of Rp59.00 — trading 132.1% above its estimated fair value. The current Altman Z2-Score is 0.27, which is 93% below median its 10-year median of 4.09 and 89.3% below the Media - Diversified industry median of 2.52. PT Intermedia Capital Tbk's overall GF Score™ is 46/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Altman Z2-Score calculated?
Altman Z2-Score is calculated from a company's financial statements. For PT Intermedia Capital Tbk (ISX:MDIA), the current Altman Z2-Score is 0.27 as of Jul. 03, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is PT Intermedia Capital Tbk (ISX:MDIA) Overvalued in 2026?

Based on GuruFocus' analysis, PT Intermedia Capital Tbk stock appears to be overvalued. The current stock price of Rp59.00 is trading 132.1% above its estimated GF Value™ of Rp25.42. GuruFocus considers PT Intermedia Capital Tbk to be Significantly Overvalued.

Key valuation signals for ISX:MDIA:

  • Altman Z2-Score: 0.27 (93% below median its 10-year median of 4.09)
  • GF Value™: Rp25.42 vs. price of Rp59.00 (132.1% above fair value)
  • GF Score™: 46/100 with 4 warning signs
  • Industry Position: 89.3% below the Media - Diversified median (#689 of 1022)

No single metric tells the full story. See the ISX:MDIA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


PT Intermedia Capital Tbk Business Description

Address Jalan H.R. Rasuna Said, The Convergence Indonesia, 27th Floor, Kawasan Rasuna Epicentrum, Karet Kuningan, Setiabudi, Jakarta, IDN, 12940
PT Intermedia Capital Tbk is an Indonesian company which is providing broadcast content focusing on family, children, and entertainment through its subsidiaries who manage the free-to-air television channel which is operated under the name ANTV. Its broadcast content includes reality shows, variety shows, comedies, animations, and movies. The company operates its business in two segments namely advertisement and non-advertisement services. The majority of revenue is derived from the advertisement segment.
46GF Score

Get the complete analysis for ISX:MDIA

Altman Z2-Score is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

Rp59.00
Price
Rp25.42
GF Value