PT Astra Otoparts Tbk (ISX:AUTO) Altman Z-Score: 3.41 (As of Jul. 05, 2026) — 17% Above Median


ISX:AUTO PT Astra Otoparts Tbk ISX:AUTO
91 GF Score
Price Rp2,390.00
GF Value Rp2,526.94
Valuation Fairly Valued
! 3 Warning Signs
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What is PT Astra Otoparts Tbk Altman Z-Score?

PT Astra Otoparts Tbk ISX:AUTO +1.27% 91 Altman Z-Score is 3.41 as of Jul. 05, 2026, which is 17% above its 10-year median of 2.92. GuruFocus rates ISX:AUTO with a GF Score™ of 91/100 and a GF Value™ of Rp2,526.94 (Fairly Valued). The stock has 3 warning signs investors should review. Among 1,316 Vehicles & Parts companies, PT Astra Otoparts Tbk ranks better than 65.12% 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 3.41 is strong.

PT Astra Otoparts Tbk has a Altman Z-Score of 3.41, 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 Astra Otoparts Tbk's Altman Z-Score or its related term are showing as below:

ISX:AUTO' s Altman Z-Score Range Over the Past 10 Years
Min: 2.13   Med: 2.92   Max: 3.81
Current: 3.41

During the past 13 years, PT Astra Otoparts Tbk's highest Altman Z-Score was 3.81. The lowest was 2.13. And the median was 2.92.


PT Astra Otoparts Tbk  (ISX:AUTO) 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.

Read more about Altman Z-Score and the original research.


Be Aware

Altman Z-Score does not apply to financial companies.


PT Astra Otoparts Tbk Altman Z-Score Related Terms


PT Astra Otoparts Tbk Altman Z-Score Historical Data

* Premium members only.

The historical data trend for PT Astra Otoparts 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 Astra Otoparts Tbk Altman Z-Score Chart

PT Astra Otoparts Tbk Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Altman Z-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.45 2.91 3.58 3.47 3.66

PT Astra Otoparts 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.18 3.13 3.22 3.66 3.51

ISX:AUTO vs ORLY, AZO: Altman Z-Score Comparison

For the Auto Parts subindustry, PT Astra Otoparts 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 Astra Otoparts Tbk Altman Z-Score vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, PT Astra Otoparts Tbk's Altman Z-Score distribution charts can be found below:

* The bar in red indicates where PT Astra Otoparts Tbk's Altman Z-Score falls into.


ISX:AUTO
91GF Score
PT Astra Otoparts Tbk ISX:AUTO
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

PT Astra Otoparts 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 Astra Otoparts 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*0.2503+1.4*0.5182+3.3*0.1162+0.6*1.897+1.0*0.8602
=3.41

* 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.

Trailing Twelve Months (TTM) ended in Mar. 2026:
Total Assets was Rp23,562,076 Mil.
Total Current Assets was Rp10,746,385 Mil.
Total Current Liabilities was Rp4,849,741 Mil.
Retained Earnings was Rp12,210,678 Mil.
Pre-Tax Income was 669183 + 757471 + 767194 + 509318 = Rp2,703,166 Mil.
Interest Expense was -9056 + -8300 + -6431 + -11302 = Rp-35,089 Mil.
Revenue was 5256848 + 5099474 + 5223966 + 4688897 = Rp20,269,185 Mil.
Market Cap (Today) was Rp11,519,162 Mil.
Total Liabilities was Rp6,072,354 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
=(10746385 - 4849741)/23562076
=0.2503

X2=Retained Earnings/Total Assets
=12210678/23562076
=0.5182

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(2703166 - -35089)/23562076
=0.1162

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=11519161.870/6072354
=1.897

X5=Revenue/Total Assets
=20269185/23562076
=0.8602

The zones of discrimination were as such:

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

PT Astra Otoparts Tbk has a Altman Z-Score of 3.41 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 3.41 mean?
PT Astra Otoparts Tbk (ISX:AUTO) has a Altman Z-Score of 3.41 as of Jul. 05, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on PT Astra Otoparts Tbk and its competitors. This is 17% above median its historical median of 2.92. Over the past decade, PT Astra Otoparts Tbk's Altman Z-Score has ranged from 2.13 to 3.81. According to the industry distribution chart, PT Astra Otoparts Tbk ranks #459 out of 1316 companies in the Vehicles & Parts industry, placing it in the top 34.9%.
Is PT Astra Otoparts Tbk's Altman Z-Score too high?
PT Astra Otoparts Tbk's current Altman Z-Score of 3.41 is 17% above median its 10-year median of 2.92. Over the past 10 years, this metric has ranged from a low of 2.13 to a high of 3.81. The Vehicles & Parts industry median Altman Z-Score is 2.58. PT Astra Otoparts Tbk's value of 3.41 is 32.4% above this industry median. Based on the distribution chart, PT Astra Otoparts Tbk ranks #459 out of 1316 companies in the Vehicles & Parts industry, which is above the industry midpoint. Overall, PT Astra Otoparts Tbk has a GF Score™ of 91/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does PT Astra Otoparts Tbk's Altman Z-Score compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, PT Astra Otoparts Tbk ranks #459 out of 1316 companies for Altman Z-Score. This puts PT Astra Otoparts Tbk in the upper half of its industry. The industry median Altman Z-Score is 2.58. PT Astra Otoparts Tbk's value of 3.41 is 32.4% above this benchmark. Historically, PT Astra Otoparts Tbk's own Altman Z-Score has ranged from 2.13 to 3.81 over the past decade. While the company's 10-year median is 2.92 vs. the industry median of 2.58, PT Astra Otoparts 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 Vehicles & Parts company?
The median Altman Z-Score among Vehicles & Parts companies is 2.58, based on 1,316 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 Astra Otoparts Tbk's current Altman Z-Score of 3.41 is 32.4% 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 Astra Otoparts Tbk and its competitors. For the Vehicles & Parts industry, the median Altman Z-Score is 2.58 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT Astra Otoparts Tbk's current Altman Z-Score is 3.41, which is 17% above median its own 10-year median of 2.92. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Astra Otoparts Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Astra Otoparts Tbk (ISX:AUTO) is currently considered Fairly Valued. The stock's GF Value™ is Rp2,526.94, compared to a current price of Rp2,390.00 — trading 5.4% below its estimated fair value. The current Altman Z-Score is 3.41, which is 17% above median its 10-year median of 2.92 and 32.4% above the Vehicles & Parts industry median of 2.58. PT Astra Otoparts Tbk's overall GF Score™ is 91/100 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 Astra Otoparts Tbk (ISX:AUTO), the current Altman Z-Score is 3.41 as of Jul. 05, 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 Astra Otoparts Tbk (ISX:AUTO) Overvalued in 2026?

Based on GuruFocus' analysis, PT Astra Otoparts Tbk stock appears to be undervalued. The current stock price of Rp2,390.00 is trading 5.4% below its estimated GF Value™ of Rp2,526.94. GuruFocus considers PT Astra Otoparts Tbk to be Fairly Valued.

Key valuation signals for ISX:AUTO:

  • Altman Z-Score: 3.41 (17% above median its 10-year median of 2.92)
  • GF Value™: Rp2,526.94 vs. price of Rp2,390.00 (5.4% below fair value)
  • GF Score™: 91/100 with 3 warning signs
  • Industry Position: 32.4% above the Vehicles & Parts median (#459 of 1316)

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


PT Astra Otoparts Tbk Business Description

Address Jalan Raya Pegangsaan Dua Km. 2,2, Kelapa Gading, Jakarta, IDN, 14250
PT Astra Otoparts Tbk is an auto parts manufacturer. It produces and distributes a range of auto spare parts. The Company serves almost all automotive manufacturers and replacement part markets in Indonesia both for two-wheeled and four-wheeled vehicles as well as other industries with a wide product range. Its segments are manufacturing, trading, and services out of which the Automotive component manufacturing segment generates the majority of revenue.
91GF Score

Get the complete analysis for ISX:AUTO

Altman Z-Score is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

Rp2,390.00
Price
Rp2,526.94
GF Value