PT Ashmore Asset Management Indonesia Tbk (ISX:AMOR) Altman Z-Score: 6.50 (As of Jun. 30, 2026) — 69% Below Median

Q: What does a Altman Z-Score of 6.50 mean?

PT Ashmore Asset Management Indonesia Tbk (ISX:AMOR) has a Altman Z-Score of 6.50 as of Jun. 30, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on PT Ashmore Asset Management Indonesia Tbk and its competitors. This is 69% below median its historical median of 20.72. Over the past decade, PT Ashmore Asset Management Indonesia Tbk's Altman Z-Score has ranged from 6.37 to 31.92. According to the industry distribution chart, PT Ashmore Asset Management Indonesia Tbk ranks #210 out of 647 companies in the Asset Management industry, placing it in the top 32.5%.

Q: Is PT Ashmore Asset Management Indonesia Tbk's Altman Z-Score too high?

PT Ashmore Asset Management Indonesia Tbk's current Altman Z-Score of 6.50 is 69% below median its 10-year median of 20.72. Over the past 10 years, this metric has ranged from a low of 6.37 to a high of 31.92. The Asset Management industry median Altman Z-Score is 3.51. PT Ashmore Asset Management Indonesia Tbk's value of 6.50 is 85.2% above this industry median. Based on the distribution chart, PT Ashmore Asset Management Indonesia Tbk ranks #210 out of 647 companies in the Asset Management industry, which is above the industry midpoint. Overall, PT Ashmore Asset Management Indonesia Tbk has a GF Score™ of 65/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.

Q: How does PT Ashmore Asset Management Indonesia Tbk's Altman Z-Score compare to BLK and BX?

According to the Asset Management industry distribution chart, PT Ashmore Asset Management Indonesia Tbk ranks #210 out of 647 companies for Altman Z-Score. This puts PT Ashmore Asset Management Indonesia Tbk in the upper half of its industry. The industry median Altman Z-Score is 3.51. PT Ashmore Asset Management Indonesia Tbk's value of 6.50 is 85.2% above this benchmark. Historically, PT Ashmore Asset Management Indonesia Tbk's own Altman Z-Score has ranged from 6.37 to 31.92 over the past decade. While the company's 10-year median is 20.72 vs. the industry median of 3.51, PT Ashmore Asset Management Indonesia 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.

Q: What is a good Altman Z-Score for an Asset Management company?

The median Altman Z-Score among Asset Management companies is 3.51, based on 647 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. PT Ashmore Asset Management Indonesia Tbk's current Altman Z-Score of 6.50 is 85.2% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.

Q: 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 Ashmore Asset Management Indonesia Tbk and its competitors. For the Asset Management industry, the median Altman Z-Score is 3.51 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT Ashmore Asset Management Indonesia Tbk's current Altman Z-Score is 6.50, which is 69% below median its own 10-year median of 20.72. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Q: Is PT Ashmore Asset Management Indonesia Tbk stock overvalued right now?

Based on GuruFocus' analysis, PT Ashmore Asset Management Indonesia Tbk (ISX:AMOR) is currently considered Possible Value Trap. The stock's GF Value™ is Rp663.11, compared to a current price of Rp318.00 — trading 52% below its estimated fair value. The current Altman Z-Score is 6.50, which is 69% below median its 10-year median of 20.72 and 85.2% above the Asset Management industry median of 3.51. PT Ashmore Asset Management Indonesia Tbk's overall GF Score™ is 65/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.

Q: How is Altman Z-Score calculated?

Altman Z-Score is calculated from a company's financial statements. For PT Ashmore Asset Management Indonesia Tbk (ISX:AMOR), the current Altman Z-Score is 6.50 as of Jun. 30, 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 Ashmore Asset Management Indonesia Tbk ISX:AMOR

65 GF Score

Price Rp318.00

GF Value Rp663.11

Valuation Possible Value Trap

5 Warning Signs

View Full Analysis

What is PT Ashmore Asset Management Indonesia Tbk Altman Z-Score?

PT Ashmore Asset Management Indonesia Tbk ISX:AMOR -2.45% 65 Altman Z-Score is 6.50 as of Jun. 30, 2026, which is 69% below its 10-year median of 20.72. GuruFocus rates ISX:AMOR with a GF Score™ of 65/100 and a GF Value™ of Rp663.11 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 647 Asset Management companies, PT Ashmore Asset Management Indonesia Tbk ranks better than 67.54% 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.

Good Sign:

Altman Z-score of 6.37 is strong.

PT Ashmore Asset Management Indonesia Tbk has a Altman Z-Score of 6.50, indicating it is in Safe Zones. This implies the Altman Z-Score is strong.

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 Ashmore Asset Management Indonesia Tbk's Altman Z-Score or its related term are showing as below:

ISX:AMOR' s Altman Z-Score Range Over the Past 10 Years
Min: 6.37 Med: 20.72 Max: 31.92
Current: 6.37

During the past 6 years, PT Ashmore Asset Management Indonesia Tbk's highest Altman Z-Score was 31.92. The lowest was 6.37. And the median was 20.72.

PT Ashmore Asset Management Indonesia Tbk (ISX:AMOR) 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.

Be Aware

Altman Z-Score does not apply to financial companies.

PT Ashmore Asset Management Indonesia Tbk Altman Z-Score Related Terms

PT Ashmore Asset Management Indonesia Tbk Altman Z-Score Historical Data

* Premium members only.

The historical data trend for PT Ashmore Asset Management Indonesia 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.

PT Ashmore Asset Management Indonesia Tbk Altman Z-Score Chart

PT Ashmore Asset Management Indonesia Tbk Annual Data

Trend

Jun20

Jun21

Jun22

Jun23

Jun24

Jun25

Altman Z-Score

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31.79

24.98

24.39

16.18

8.77

PT Ashmore Asset Management Indonesia Tbk Quarterly Data
	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25	Jun25	Sep25	Dec25	Mar26
Altman Z-Score	Get a 7-Day Free Trial															11.11	8.77	9.76	7.82	6.55

ISX:AMOR vs BLK, BX, KKR: Altman Z-Score Comparison

For the Asset Management subindustry, PT Ashmore Asset Management Indonesia 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 Ashmore Asset Management Indonesia Tbk Altman Z-Score vs Asset Management Industry

For the Asset Management industry and Financial Services sector, PT Ashmore Asset Management Indonesia Tbk's Altman Z-Score distribution charts can be found below:

* The bar in red indicates where PT Ashmore Asset Management Indonesia Tbk's Altman Z-Score falls into.

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65GF Score

PT Ashmore Asset Management Indonesia Tbk ISX:AMOR

Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.

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PT Ashmore Asset Management Indonesia Tbk Altman Z-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.

PT Ashmore Asset Management Indonesia Tbk's Altman Z-Score for today is calculated with this formula:

1.2

1.4

3.3

0.6

1.0

1.2

0.3119

1.4

0.1053

3.3

0.2522

0.6

7.1542

1.0

0.8547

6.50

Trailing Twelve Months (TTM) ended in Mar. 2026:
Total Assets was Rp364,887 Mil.
Total Current Assets was Rp197,739 Mil.
Total Current Liabilities was Rp83,939 Mil.
Retained Earnings was Rp38,426 Mil.
Pre-Tax Income was 29784 + 21916 + 19617 + 20139 = Rp91,456 Mil.
Interest Expense was -123 + -135 + -147 + -158 = Rp-563 Mil.
Revenue was 112537 + 81116 + 58901 + 59305 = Rp311,859 Mil.
Market Cap (Today) was Rp715,487 Mil.
Total Liabilities was Rp100,009 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
	=	(197739 - 83939)	/	364887
	=	0.3119

X2	=	Retained Earnings	/	Total Assets
	=	38426	/	364887
	=	0.1053

X3	=	Earnings Before Interest and Taxes	/	Total Assets
	=	(Pre-Tax Income - Interest Expense)	/	Total Assets
	=	(91456 - -563)	/	364887
	=	0.2522

X4	=	Market Value Equity	/	Book Value of Total Liabilities
	=	Market Cap	/	Total Liabilities
	=	715486.544	/	100009
	=	7.1542

X5	=	Revenue	/	Total Assets
	=	311859	/	364887
	=	0.8547

The zones of discrimination were as such:

Distress Zones - 1.81 < Grey Zones < 2.99 - Safe Zones

PT Ashmore Asset Management Indonesia Tbk has a Altman Z-Score of 6.50 indicating it is in Safe Zones.

Study by Altman found that companies that are in Distress Zone have more than 80% of chances of bankruptcy in two years.

Frequently Asked Questions Learn more about Altman Z-Score →

What does a Altman Z-Score of 6.50 mean?

PT Ashmore Asset Management Indonesia Tbk (ISX:AMOR) has a Altman Z-Score of 6.50 as of Jun. 30, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on PT Ashmore Asset Management Indonesia Tbk and its competitors. This is 69% below median its historical median of 20.72. Over the past decade, PT Ashmore Asset Management Indonesia Tbk's Altman Z-Score has ranged from 6.37 to 31.92. According to the industry distribution chart, PT Ashmore Asset Management Indonesia Tbk ranks #210 out of 647 companies in the Asset Management industry, placing it in the top 32.5%.

Is PT Ashmore Asset Management Indonesia Tbk's Altman Z-Score too high?

PT Ashmore Asset Management Indonesia Tbk's current Altman Z-Score of 6.50 is 69% below median its 10-year median of 20.72. Over the past 10 years, this metric has ranged from a low of 6.37 to a high of 31.92. The Asset Management industry median Altman Z-Score is 3.51. PT Ashmore Asset Management Indonesia Tbk's value of 6.50 is 85.2% above this industry median. Based on the distribution chart, PT Ashmore Asset Management Indonesia Tbk ranks #210 out of 647 companies in the Asset Management industry, which is above the industry midpoint. Overall, PT Ashmore Asset Management Indonesia Tbk has a GF Score™ of 65/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.

How does PT Ashmore Asset Management Indonesia Tbk's Altman Z-Score compare to BLK and BX?

According to the Asset Management industry distribution chart, PT Ashmore Asset Management Indonesia Tbk ranks #210 out of 647 companies for Altman Z-Score. This puts PT Ashmore Asset Management Indonesia Tbk in the upper half of its industry. The industry median Altman Z-Score is 3.51. PT Ashmore Asset Management Indonesia Tbk's value of 6.50 is 85.2% above this benchmark. Historically, PT Ashmore Asset Management Indonesia Tbk's own Altman Z-Score has ranged from 6.37 to 31.92 over the past decade. While the company's 10-year median is 20.72 vs. the industry median of 3.51, PT Ashmore Asset Management Indonesia 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 Z-Score for an Asset Management company?

The median Altman Z-Score among Asset Management companies is 3.51, based on 647 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. PT Ashmore Asset Management Indonesia Tbk's current Altman Z-Score of 6.50 is 85.2% 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 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 Ashmore Asset Management Indonesia Tbk and its competitors. For the Asset Management industry, the median Altman Z-Score is 3.51 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT Ashmore Asset Management Indonesia Tbk's current Altman Z-Score is 6.50, which is 69% below median its own 10-year median of 20.72. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is PT Ashmore Asset Management Indonesia Tbk stock overvalued right now?

Based on GuruFocus' analysis, PT Ashmore Asset Management Indonesia Tbk (ISX:AMOR) is currently considered Possible Value Trap. The stock's GF Value™ is Rp663.11, compared to a current price of Rp318.00 — trading 52% below its estimated fair value. The current Altman Z-Score is 6.50, which is 69% below median its 10-year median of 20.72 and 85.2% above the Asset Management industry median of 3.51. PT Ashmore Asset Management Indonesia Tbk's overall GF Score™ is 65/100 with 5 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 Ashmore Asset Management Indonesia Tbk (ISX:AMOR), the current Altman Z-Score is 6.50 as of Jun. 30, 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 Ashmore Asset Management Indonesia Tbk (ISX:AMOR) Overvalued in 2026?

Based on GuruFocus' analysis, PT Ashmore Asset Management Indonesia Tbk stock appears to be undervalued. The current stock price of Rp318.00 is trading 52% below its estimated GF Value™ of Rp663.11. GuruFocus considers PT Ashmore Asset Management Indonesia Tbk to be Possible Value Trap.

Key valuation signals for ISX:AMOR:

Altman Z-Score: 6.50 (69% below median its 10-year median of 20.72)
GF Value™: Rp663.11 vs. price of Rp318.00 (52% below fair value)
GF Score™: 65/100 with 5 warning signs
Industry Position: 85.2% above the Asset Management median (#210 of 647)

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

PT Ashmore Asset Management Indonesia Tbk Business Description

Industry Financial Services Asset Management

Comparable Companies ISX:KREN ISX:STAR ISX:VICO ISX:SFAN BLK BX OSTO:INVE A TSX:BN KKR TSX:BAM APO STT AMP LSE:III OSTO:EQT NTRS RJF ARES OSTO:INDU A TROW

Address Jalan Jendral Sudirman Kav 52-53, 18th Floor SCBD Lot 10, Pacific Century Place, Jakarta, IDN, 12190

Website https://www.ashmoregroup.com

PT Ashmore Asset Management Indonesia Tbk is an investment management company. It focuses on a number of investment themes which includes External Debt, Local Currency, Corporate Debt, Equities, and Alternatives. It engages in the investment management service business, particularly in equity funds, bond mutual funds, mixed mutual funds, and money market funds sold to retail and institutional investors.

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Rp318.00

Price

Rp663.11

GF Value

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