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 -0.54 is in distress zone. This implies bankruptcy possibility in the next two years.
PT FKS Food Sejahtera Tbk has a Altman Z-Score of -0.54, 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 FKS Food Sejahtera Tbk's Altman Z-Score or its related term are showing as below:
ISX:AISA'
s Altman Z-Score Range Over the Past 10 Years
Min: -17.49 Med: -0.54 Max: 2.62
Current: -0.54
During the past 13 years, PT FKS Food Sejahtera Tbk's highest Altman Z-Score was 2.62. The lowest was -17.49. And the median was -0.54.
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.
* 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.
For the Packaged Foods subindustry, PT FKS Food Sejahtera 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 FKS Food Sejahtera Tbk Altman Z-Score vs Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, PT FKS Food Sejahtera Tbk's Altman Z-Score distribution charts can be found below:
* The bar in red indicates where PT FKS Food Sejahtera 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.
* 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 FKS Food Sejahtera Tbk (ISX:AISA) has a Altman Z-Score of -0.54 as of Jul. 01, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on PT FKS Food Sejahtera Tbk and its competitors. According to the industry distribution chart, PT FKS Food Sejahtera Tbk ranks #1804 out of 1928 companies in the Consumer Packaged Goods industry, placing it in the top 93.6%.
Is PT FKS Food Sejahtera Tbk's Altman Z-Score too high?
PT FKS Food Sejahtera Tbk's current Altman Z-Score is -0.54. Based on the distribution chart, PT FKS Food Sejahtera Tbk ranks #1804 out of 1928 companies in the Consumer Packaged Goods industry, which is in the bottom quartile relative to peers. Overall, PT FKS Food Sejahtera Tbk has a GF Score™ of 61/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does PT FKS Food Sejahtera Tbk's Altman Z-Score compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, PT FKS Food Sejahtera Tbk ranks #1804 out of 1928 companies for Altman Z-Score. This places PT FKS Food Sejahtera Tbk in the lower half of its industry. The industry median Altman Z-Score is 2.83. 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 Consumer Packaged Goods company?
The median Altman Z-Score among Consumer Packaged Goods companies is 2.83, based on 1,928 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 FKS Food Sejahtera Tbk and its competitors. For the Consumer Packaged Goods industry, the median Altman Z-Score is 2.83 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT FKS Food Sejahtera Tbk's current Altman Z-Score is -0.54. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT FKS Food Sejahtera Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT FKS Food Sejahtera Tbk (ISX:AISA) is currently considered Possible Value Trap. The stock's GF Value™ is Rp141.47, compared to a current price of Rp96.00 — trading 32.1% below its estimated fair value. The current Altman Z-Score is -0.54. PT FKS Food Sejahtera Tbk's overall GF Score™ is 61/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Altman Z-Score calculated?
Altman Z-Score is calculated from a company's financial statements. For PT FKS Food Sejahtera Tbk (ISX:AISA), the current Altman Z-Score is -0.54 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.
Is PT FKS Food Sejahtera Tbk (ISX:AISA) Overvalued in 2026?
Based on GuruFocus' analysis, PT FKS Food Sejahtera Tbk stock appears to be undervalued.
The current stock price of Rp96.00 is trading 32.1% below its estimated GF Value™ of Rp141.47.
GuruFocus considers PT FKS Food Sejahtera Tbk to be Possible Value Trap.
Key valuation signals for ISX:AISA:
Altman Z-Score: -0.54
GF Value™: Rp141.47 vs. price of Rp96.00 (32.1% below fair value)
No single metric tells the full story. See the ISX:AISA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
PT FKS Food Sejahtera Tbk is a packaged food company in Indonesia. The company operates under its primary division, TPS Food. TPS Food produces basic food and consumes food. Basic food must be processed before being consumed, while consumer food may be consumed directly. The company also operates through subsidiaries PT Tigar Pilar Sejahtera, PT Poly Meditra Indonesia, and PT Balaraja Bisco Paloma. An additional subsidiary includes PT Patra Power Nusantara, which operates steam production power plants.
61GF Score
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