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PT WEHA Transportasi Indonesia TbkISX:WEHA 77 Altman Z2-Score is 2.73 as of Jul. 17, 2026, which is 115% above its 10-year median of 1.27. GuruFocus rates ISX:WEHA with a GF Score™ of 77/100 and a GF Value™ of Rp138.27 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 999 Transportation companies, PT WEHA Transportasi Indonesia Tbk ranks worse than 52.75% 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 WEHA Transportasi Indonesia Tbk has a Altman Z2-Score of 2.73, 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 WEHA Transportasi Indonesia Tbk's Altman Z2-Score or its related term are showing as below:
ISX:WEHA'
s Altman Z2-Score Range Over the Past 10 Years
Min: -2.6 Med: 1.27 Max: 4.3
Current: 2.73
During the past 13 years, PT WEHA Transportasi Indonesia Tbk's highest Altman Z2-Score was 4.30. The lowest was -2.60. And the median was 1.27.
PT WEHA Transportasi Indonesia Tbk (ISX:WEHA) 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 WEHA Transportasi Indonesia Tbk Altman Z2-Score Chart
ISX:WEHA vs UNP, CSX, NSC: Altman Z2-Score Comparison
For the Railroads subindustry, PT WEHA Transportasi Indonesia 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 WEHA Transportasi Indonesia Tbk Altman Z2-Score vs Transportation Industry
For the Transportation industry and Industrials sector, PT WEHA Transportasi Indonesia Tbk's Altman Z2-Score distribution charts can be found below:
* The bar in red indicates where PT WEHA Transportasi Indonesia Tbk's Altman Z2-Score falls into.
PT WEHA Transportasi Indonesia 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 WEHA Transportasi Indonesia Tbk (ISX:WEHA) has a Altman Z2-Score of 2.73 as of Jul. 17, 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 WEHA Transportasi Indonesia Tbk and its competitors. This is 115% above median its historical median of 1.27. According to the industry distribution chart, PT WEHA Transportasi Indonesia Tbk ranks #527 out of 999 companies in the Transportation industry, placing it in the top 52.8%.
Is PT WEHA Transportasi Indonesia Tbk's Altman Z2-Score too high?
PT WEHA Transportasi Indonesia Tbk's current Altman Z2-Score of 2.73 is 115% above median its 10-year median of 1.27. The Transportation industry median Altman Z2-Score is 2.90. PT WEHA Transportasi Indonesia Tbk's value of 2.73 is 5.9% below this industry median. Based on the distribution chart, PT WEHA Transportasi Indonesia Tbk ranks #527 out of 999 companies in the Transportation industry, which is below the industry midpoint. Overall, PT WEHA Transportasi Indonesia Tbk has a GF Score™ of 77/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does PT WEHA Transportasi Indonesia Tbk's Altman Z2-Score compare to UNP and CSX?
According to the Transportation industry distribution chart, PT WEHA Transportasi Indonesia Tbk ranks #527 out of 999 companies for Altman Z2-Score. This places PT WEHA Transportasi Indonesia Tbk in the lower half of its industry. The industry median Altman Z2-Score is 2.90. PT WEHA Transportasi Indonesia Tbk's value of 2.73 is 5.9% below this benchmark. While the company's 10-year median is 1.27 vs. the industry median of 2.90, PT WEHA Transportasi Indonesia 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 Transportation company?
The median Altman Z2-Score among Transportation companies is 2.90, based on 999 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 WEHA Transportasi Indonesia Tbk's current Altman Z2-Score of 2.73 is 5.9% 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 WEHA Transportasi Indonesia Tbk and its competitors. For the Transportation industry, the median Altman Z2-Score is 2.90 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT WEHA Transportasi Indonesia Tbk's current Altman Z2-Score is 2.73, which is 115% above median its own 10-year median of 1.27. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT WEHA Transportasi Indonesia Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT WEHA Transportasi Indonesia Tbk (ISX:WEHA) is currently considered Modestly Undervalued. The stock's GF Value™ is Rp138.27, compared to a current price of Rp101.00 — trading 27% below its estimated fair value. The current Altman Z2-Score is 2.73, which is 115% above median its 10-year median of 1.27 and 5.9% below the Transportation industry median of 2.90. PT WEHA Transportasi Indonesia Tbk's overall GF Score™ is 77/100 with 3 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 WEHA Transportasi Indonesia Tbk (ISX:WEHA), the current Altman Z2-Score is 2.73 as of Jul. 17, 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 WEHA Transportasi Indonesia Tbk (ISX:WEHA) Overvalued in 2026?
Based on GuruFocus' analysis, PT WEHA Transportasi Indonesia Tbk stock appears to be undervalued.
The current stock price of Rp101.00 is trading 27% below its estimated GF Value™ of Rp138.27.
GuruFocus considers PT WEHA Transportasi Indonesia Tbk to be Modestly Undervalued.
Key valuation signals for ISX:WEHA:
Altman Z2-Score: 2.73 (115% above median its 10-year median of 1.27)
GF Value™: Rp138.27 vs. price of Rp101.00 (27% below fair value)
Industry Position: 5.9% below the Transportation median (#527 of 999)
No single metric tells the full story. See the ISX:WEHA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
PT WEHA Transportasi Indonesia Tbk Business Description
PT WEHA Transportasi Indonesia Tbk is a transportation company operating in Indonesia. It offers land transportation services within the following market segments: Tourism Transportation using its White Horse Deluxe Coach (WHDC) brand; Executive shuttle services operating on routes from Jakarta, Bogor, Tangerang, Bekasi, Depok, and Cirebon to Bandung, as well as within the Yogyakarta region, Semarang, Jepara, Solo, Surabaya, and Malang under the Day Trans brand. Additionally, the company offers domestic sightseeing trips under the Explorer brand and provides small vehicle rentals under the White Horse Car Rental brand. Its reportable segments are: Inter-Cities Transportation Services, which generates the maximum revenue, Passenger Transport Services, and Others.
77GF Score
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