PT Asri Karya Lestari TbkISX:ASLI -3.40%12 Altman Z-Score is 13.74 as of Jul. 01, 2026, which is 33% below its 10-year median of 20.50. GuruFocus rates ISX:ASLI with a GF Score™ of 12/100. The stock has 3 warning signs investors should review. Among 1,751 Construction companies, PT Asri Karya Lestari Tbk ranks better than 97.49% 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 14.53 is strong.
PT Asri Karya Lestari Tbk has a Altman Z-Score of 13.74, 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 Asri Karya Lestari Tbk's Altman Z-Score or its related term are showing as below:
ISX:ASLI'
s Altman Z-Score Range Over the Past 10 Years
Min: 4.31 Med: 20.5 Max: 36.68
Current: 14.53
During the past 5 years, PT Asri Karya Lestari Tbk's highest Altman Z-Score was 36.68. The lowest was 4.31. And the median was 20.50.
PT Asri Karya Lestari Tbk (ISX:ASLI) 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.
* 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 Asri Karya Lestari Tbk Altman Z-Score Chart
PT Asri Karya Lestari Tbk Annual Data
Trend
Dec20
Dec21
Dec22
Dec24
Dec25
Altman Z-Score
0.00
0.00
0.00
4.31
36.68
PT Asri Karya Lestari Tbk Semi-Annual Data
Dec20
Dec21
Dec22
Dec24
Dec25
Altman Z-Score
0.00
0.00
0.00
4.31
36.68
ISX:ASLI vs PWR, FIX, EME: Altman Z-Score Comparison
For the Engineering & Construction subindustry, PT Asri Karya Lestari 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 Asri Karya Lestari Tbk Altman Z-Score vs Construction Industry
For the Construction industry and Industrials sector, PT Asri Karya Lestari Tbk's Altman Z-Score distribution charts can be found below:
* The bar in red indicates where PT Asri Karya Lestari Tbk's Altman Z-Score falls into.
PT Asri Karya Lestari 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.
* 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 Asri Karya Lestari Tbk (ISX:ASLI) has a Altman Z-Score of 13.74 as of Jul. 01, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on PT Asri Karya Lestari Tbk and its competitors. This is 33% below median its historical median of 20.50. Over the past decade, PT Asri Karya Lestari Tbk's Altman Z-Score has ranged from 4.31 to 36.68. According to the industry distribution chart, PT Asri Karya Lestari Tbk ranks #44 out of 1751 companies in the Construction industry, placing it in the top 2.5%.
Is PT Asri Karya Lestari Tbk's Altman Z-Score too high?
PT Asri Karya Lestari Tbk's current Altman Z-Score of 13.74 is 33% below median its 10-year median of 20.50. Over the past 10 years, this metric has ranged from a low of 4.31 to a high of 36.68. The Construction industry median Altman Z-Score is 2.33. PT Asri Karya Lestari Tbk's value of 13.74 is 489.7% above this industry median. Based on the distribution chart, PT Asri Karya Lestari Tbk ranks #44 out of 1751 companies in the Construction industry, which is in the top quartile — a strong position relative to peers. Overall, PT Asri Karya Lestari Tbk has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does PT Asri Karya Lestari Tbk's Altman Z-Score compare to PWR and FIX?
According to the Construction industry distribution chart, PT Asri Karya Lestari Tbk ranks #44 out of 1751 companies for Altman Z-Score. This places PT Asri Karya Lestari Tbk in the top 3% of its industry — outperforming the majority of peers. The industry median Altman Z-Score is 2.33. PT Asri Karya Lestari Tbk's value of 13.74 is 489.7% above this benchmark. Historically, PT Asri Karya Lestari Tbk's own Altman Z-Score has ranged from 4.31 to 36.68 over the past decade. While the company's 10-year median is 20.50 vs. the industry median of 2.33, PT Asri Karya Lestari 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 a Construction company?
The median Altman Z-Score among Construction companies is 2.33, based on 1,751 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 Asri Karya Lestari Tbk's current Altman Z-Score of 13.74 is 489.7% 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 Asri Karya Lestari Tbk and its competitors. For the Construction industry, the median Altman Z-Score is 2.33 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT Asri Karya Lestari Tbk's current Altman Z-Score is 13.74, which is 33% below median its own 10-year median of 20.50. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Asri Karya Lestari Tbk stock overvalued right now?
PT Asri Karya Lestari Tbk (ISX:ASLI) has a current Altman Z-Score of 13.74. The current Altman Z-Score is 13.74, which is 33% below median its 10-year median of 20.50 and 489.7% above the Construction industry median of 2.33. PT Asri Karya Lestari Tbk's overall GF Score™ is 12/100 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 Asri Karya Lestari Tbk (ISX:ASLI), the current Altman Z-Score is 13.74 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.
Addressblock b2, Jalan. Jalan. Jend. Ahmad Yani No.3, Kalimalang Commercial Center Shophouse, RT.001/RW.005, Kayuringin Jaya, South Bekasi District, West Java, Bekasi, IDN, 17144
PT Asri Karya Lestari Tbk is a national general contractor company. Its core business activities include services as a General Contractor, with a focus on foundation, erection, formwork, and road works. It has experience in executing and completing projects, including bridges, flyovers, buildings, toll gates, bus stops, pedestrian bridges (JPO), pelumpang pedestrian, mosques, and roads. The operational area covers the entire territory of the Republic of Indonesia. It operates through construction services and rental services segments. The construction services segment, which generates maximum revenue, engages in civil construction of bridges, elevated roads, flyovers, underpasses, roads, mechanical installations, water resources infrastructure, irrigation and drainage networks, and others.
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