PT Agro Bahari Nusantara TbkISX:UDNG -0.40%8 Altman Z2-Score is 12.69 as of Jul. 12, 2026, which is at its 10-year median of 12.69. GuruFocus rates ISX:UDNG with a GF Score™ of 8/100. The stock has 1 warning sign investors should review. Among 1,967 Consumer Packaged Goods companies, PT Agro Bahari Nusantara Tbk ranks better than 93.9% 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.
Good Sign:
PT Agro Bahari Nusantara Tbk has a Altman Z2-Score of 12.69, indicating it is in Safe Zones. This implies the Altman Z2-Score is strong.
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 Agro Bahari Nusantara Tbk's Altman Z2-Score or its related term are showing as below:
ISX:UDNG'
s Altman Z2-Score Range Over the Past 10 Years
Min: 9.85 Med: 12.69 Max: 49.49
Current: 12.69
During the past 5 years, PT Agro Bahari Nusantara Tbk's highest Altman Z2-Score was 49.49. The lowest was 9.85. And the median was 12.69.
PT Agro Bahari Nusantara Tbk (ISX:UDNG) 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.
* 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 Agro Bahari Nusantara Tbk Altman Z2-Score Chart
ISX:UDNG vs ADM, BG, TSN: Altman Z2-Score Comparison
For the Farm Products subindustry, PT Agro Bahari Nusantara 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 Agro Bahari Nusantara Tbk Altman Z2-Score vs Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, PT Agro Bahari Nusantara Tbk's Altman Z2-Score distribution charts can be found below:
* The bar in red indicates where PT Agro Bahari Nusantara Tbk's Altman Z2-Score falls into.
PT Agro Bahari Nusantara 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.
* 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.
PT Agro Bahari Nusantara Tbk (ISX:UDNG) has a Altman Z2-Score of 12.69 as of Jul. 12, 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 Agro Bahari Nusantara Tbk and its competitors. This is near median its historical median of 12.69. Over the past decade, PT Agro Bahari Nusantara Tbk's Altman Z2-Score has ranged from 9.85 to 49.49. According to the industry distribution chart, PT Agro Bahari Nusantara Tbk ranks #120 out of 1967 companies in the Consumer Packaged Goods industry, placing it in the top 6.1%.
Is PT Agro Bahari Nusantara Tbk's Altman Z2-Score too high?
PT Agro Bahari Nusantara Tbk's current Altman Z2-Score of 12.69 is near median its 10-year median of 12.69. Over the past 10 years, this metric has ranged from a low of 9.85 to a high of 49.49. The Consumer Packaged Goods industry median Altman Z2-Score is 3.73. PT Agro Bahari Nusantara Tbk's value of 12.69 is 240.2% above this industry median. Based on the distribution chart, PT Agro Bahari Nusantara Tbk ranks #120 out of 1967 companies in the Consumer Packaged Goods industry, which is in the top quartile — a strong position relative to peers. Overall, PT Agro Bahari Nusantara Tbk has a GF Score™ of 8/100, reflecting its overall financial health beyond just this single metric.
How does PT Agro Bahari Nusantara Tbk's Altman Z2-Score compare to ADM and BG?
According to the Consumer Packaged Goods industry distribution chart, PT Agro Bahari Nusantara Tbk ranks #120 out of 1967 companies for Altman Z2-Score. This places PT Agro Bahari Nusantara Tbk in the top 6% of its industry — outperforming the majority of peers. The industry median Altman Z2-Score is 3.73. PT Agro Bahari Nusantara Tbk's value of 12.69 is 240.2% above this benchmark. Historically, PT Agro Bahari Nusantara Tbk's own Altman Z2-Score has ranged from 9.85 to 49.49 over the past decade. While the company's 10-year median is 12.69 vs. the industry median of 3.73, PT Agro Bahari Nusantara Tbk has consistently been above 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 Consumer Packaged Goods company?
The median Altman Z2-Score among Consumer Packaged Goods companies is 3.73, based on 1,967 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 Agro Bahari Nusantara Tbk's current Altman Z2-Score of 12.69 is 240.2% above 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 Agro Bahari Nusantara Tbk and its competitors. For the Consumer Packaged Goods industry, the median Altman Z2-Score is 3.73 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT Agro Bahari Nusantara Tbk's current Altman Z2-Score is 12.69, which is near median its own 10-year median of 12.69. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Agro Bahari Nusantara Tbk stock overvalued right now?
PT Agro Bahari Nusantara Tbk (ISX:UDNG) has a current Altman Z2-Score of 12.69. The current Altman Z2-Score is 12.69, which is near median its 10-year median of 12.69 and 240.2% above the Consumer Packaged Goods industry median of 3.73. PT Agro Bahari Nusantara Tbk's overall GF Score™ is 8/100 with 1 warning sign 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 Agro Bahari Nusantara Tbk (ISX:UDNG), the current Altman Z2-Score is 12.69 as of Jul. 12, 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.
PT Agro Bahari Nusantara Tbk operates in the brackish-water crustacean farming industry, specifically ponds for the cultivation of Vannamei shrimp (Litopenaeus vannamei). It applies a science-based approach and statistical analysis to enhance production efficiency while minimizing the risk of crop failure caused by disease and changing weather conditions. The company manages a vast shrimp farming area, which includes various intensive and super-intensive shrimp ponds, supported by reservoir ponds and Wastewater Treatment Installation (WWTI) ponds, as well as supporting facilities such as a pump house, generator house, employee dormitory, warehouse, and harvesting house. The company's operating segments are: Shrimp, which generates maximum revenue, and Non-Shrimp.
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