PT SLJ Global TbkFRA:LF9 48 Altman Z-Score is -8.11 as of Jul. 01, 2026. GuruFocus rates FRA:LF9 with a GF Score™ of 48/100. The stock has 4 warning signs investors should review. Among 282 Forest Products companies, PT SLJ Global Tbk ranks worse than 98.94% on this metric.
The Altman Z-Score is a model designed to predict the likelihood of a company going bankrupt within the next two years. Created by American finance professor Edward Altman in 1968, the model is specifically designed for publicly traded manufacturing companies with assets greater than $1 million.
Warning Sign:
Altman Z-score of -8.04 is in distress zone. This implies bankruptcy possibility in the next two years.
PT SLJ Global Tbk has a Altman Z-Score of -8.11, indicating it is in Distress Zones. This implies bankrupcy possibility in the next two years.
The zones of discrimination were as such:
When Altman Z-Score <= 1.8, it is in Distress Zones.
When Altman Z-Score >= 3, it is in Safe Zones.
When Altman Z-Score is between 1.8 and 3, it is in Grey Zones.
The historical rank and industry rank for PT SLJ Global Tbk's Altman Z-Score or its related term are showing as below:
FRA:LF9'
s Altman Z-Score Range Over the Past 10 Years
Min: -8.04 Med: -3.41 Max: -1.71
Current: -8.04
During the past 13 years, PT SLJ Global Tbk's highest Altman Z-Score was -1.71. The lowest was -8.04. And the median was -3.41.
PT SLJ Global Tbk (FRA:LF9) Altman Z-Score Explanation
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, Market Value of Equity/Book Value of Total Liabilities (MVE/TL): The measure shows how much the firm's assets can decline in value (measured by market value of equity plus debt) before the liabilities exceed the assets and the firm becomes insolvent.
X5, Revenue/Total Assets (S/TA): The capital-turnover ratio is a standard financial ratio illustrating the sales generating ability of the firm's assets.
Altman Z-Score does not apply to financial companies.
PT SLJ Global Tbk Altman Z-Score Related Terms
PT SLJ Global Tbk Altman Z-Score Historical Data
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The historical data trend for PT SLJ Global Tbk's Altman Z-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.
FRA:LF9 vs SSD, UFPI, BCC: Altman Z-Score Comparison
For the Lumber & Wood Production subindustry, PT SLJ Global Tbk's Altman Z-Score, along with its competitors' market caps and Altman Z-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 SLJ Global Tbk Altman Z-Score vs Forest Products Industry
For the Forest Products industry and Basic Materials sector, PT SLJ Global Tbk's Altman Z-Score distribution charts can be found below:
* The bar in red indicates where PT SLJ Global Tbk's Altman Z-Score falls into.
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.
PT SLJ Global Tbk's Altman Z-Score for today is calculated with this formula:
Z
=
1.2
*
X1
+
1.4
*
X2
+
3.3
*
X3
+
0.6
*
X4
+
1.0
*
X5
=
1.2
*
-0.3653
+
1.4
*
-5.9271
+
3.3
*
-0.0875
+
0.6
*
0.8963
+
1.0
*
0.3747
=
-8.11
* 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 Z-Score when X4 or X5 value is 0.
PT SLJ Global Tbk (FRA:LF9) has a Altman Z-Score of -8.11 as of Jul. 01, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on PT SLJ Global Tbk and its competitors. According to the industry distribution chart, PT SLJ Global Tbk ranks #279 out of 282 companies in the Forest Products industry, placing it in the top 98.9%.
Is PT SLJ Global Tbk's Altman Z-Score too high?
PT SLJ Global Tbk's current Altman Z-Score is -8.11. Based on the distribution chart, PT SLJ Global Tbk ranks #279 out of 282 companies in the Forest Products industry, which is in the bottom quartile relative to peers. Overall, PT SLJ Global Tbk has a GF Score™ of 48/100, reflecting its overall financial health beyond just this single metric.
How does PT SLJ Global Tbk's Altman Z-Score compare to SSD and UFPI?
According to the Forest Products industry distribution chart, PT SLJ Global Tbk ranks #279 out of 282 companies for Altman Z-Score. This places PT SLJ Global Tbk in the lower half of its industry. The industry median Altman Z-Score is 1.83. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Altman Z-Score for a Forest Products company?
The median Altman Z-Score among Forest Products companies is 1.83, based on 282 companies in the industry. Companies in the top quartile (top 25%) have a Altman Z-Score significantly above this median, while those in the bottom quartile fall well below. However, Altman Z-Score should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Altman Z-Score mean?
A high Altman Z-Score can signal that a stock is expensive relative to its fundamentals. The Altman Z-score measures a company's bankruptcy risk. View historical data on PT SLJ Global Tbk and its competitors. For the Forest Products industry, the median Altman Z-Score is 1.83 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT SLJ Global Tbk's current Altman Z-Score is -8.11. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT SLJ Global Tbk stock overvalued right now?
PT SLJ Global Tbk (FRA:LF9) has a current Altman Z-Score of -8.11. The current Altman Z-Score is -8.11. PT SLJ Global Tbk's overall GF Score™ is 48/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Altman Z-Score calculated?
Altman Z-Score is calculated from a company's financial statements. For PT SLJ Global Tbk (FRA:LF9), the current Altman Z-Score is -8.11 as of Jul. 01, 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.
AddressJalan Jend. Gatot Subroto Kav. 18, 28 Lantai, Capital Place, Kel. Kuningan Barat, Kec. Mampang Prapatan, Jakarta Selatan, DKI Jakarta, Jakarta, IDN, 12710
PT SLJ Global Tbk is an integrated forestry enterprise with a focus on sustainable forest management and wood processing industries. Along with its subsidiaries, it is focused on the sustainable management of its forest concessions and the production of forest timber products. Its product offerings include general plywood, marine plywood, floor-based plywood, veneer, container flooring, bending plywood, etc. The Group has two reportable segments: Timber manufacturing, which generates the maximum revenue, and Logging. Geographically, it derives the maximum revenue from the USA, and the rest from East Asia, Southeast Asia, Europe, and Indonesia.
48GF Score
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