PT Bumibenowo Sukses Sejahtera Tbk (ISX:BBSS) Altman Z-Score: 78.23 (As of Jul. 08, 2026) — 48% Below Median


ISX:BBSS PT Bumibenowo Sukses Sejahtera Tbk ISX:BBSS
45 GF Score
Price Rp97.00
GF Value Rp155.26
Valuation Possible Value Trap
! 1 Warning Sign
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What is PT Bumibenowo Sukses Sejahtera Tbk Altman Z-Score?

PT Bumibenowo Sukses Sejahtera Tbk ISX:BBSS -2.02% 45 Altman Z-Score is 78.23 as of Jul. 08, 2026, which is 48% below its 10-year median of 150.57. GuruFocus rates ISX:BBSS with a GF Score™ of 45/100 and a GF Value™ of Rp155.26 (Possible Value Trap). The stock has 1 warning sign investors should review. Among 1,755 Construction companies, PT Bumibenowo Sukses Sejahtera Tbk ranks better than 99.54% 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 75.02 is strong.

PT Bumibenowo Sukses Sejahtera Tbk has a Altman Z-Score of 78.23, 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 Bumibenowo Sukses Sejahtera Tbk's Altman Z-Score or its related term are showing as below:

ISX:BBSS' s Altman Z-Score Range Over the Past 10 Years
Min: 75.02   Med: 150.57   Max: 317.03
Current: 75.02

During the past 5 years, PT Bumibenowo Sukses Sejahtera Tbk's highest Altman Z-Score was 317.03. The lowest was 75.02. And the median was 150.57.


PT Bumibenowo Sukses Sejahtera Tbk  (ISX:BBSS) 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 Bumibenowo Sukses Sejahtera Tbk Altman Z-Score Related Terms


PT Bumibenowo Sukses Sejahtera Tbk Altman Z-Score Historical Data

* Premium members only.

The historical data trend for PT Bumibenowo Sukses Sejahtera 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 Bumibenowo Sukses Sejahtera Tbk Altman Z-Score Chart

PT Bumibenowo Sukses Sejahtera Tbk Annual Data
Trend Dec16 Dec17 Dec18 Dec24 Dec25
Altman Z-Score
0.00 0.00 0.00 105.00 317.03

PT Bumibenowo Sukses Sejahtera Tbk Quarterly Data
Dec16 Dec17 Dec18 Sep19 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 150.57 214.16 245.57 317.03 138.41

ISX:BBSS vs PWR, FIX, EME: Altman Z-Score Comparison

For the Engineering & Construction subindustry, PT Bumibenowo Sukses 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 Bumibenowo Sukses Sejahtera Tbk Altman Z-Score vs Construction Industry

For the Construction industry and Industrials sector, PT Bumibenowo Sukses Sejahtera Tbk's Altman Z-Score distribution charts can be found below:

* The bar in red indicates where PT Bumibenowo Sukses Sejahtera Tbk's Altman Z-Score falls into.


ISX:BBSS
45GF Score
PT Bumibenowo Sukses Sejahtera Tbk ISX:BBSS
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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PT Bumibenowo Sukses Sejahtera 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 Bumibenowo Sukses Sejahtera 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*0.3373+1.4*-0.0157+3.3*-0.0017+0.6*129.7327+1.0*0.0128
=78.23

* 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 Rp249,214 Mil.
Total Current Assets was Rp84,835 Mil.
Total Current Liabilities was Rp780 Mil.
Retained Earnings was Rp-3,907 Mil.
Pre-Tax Income was -456.869 + 281.753 + -129.807 + -112.103 = Rp-417 Mil.
Interest Expense was -0.002 + -0.001 + -0.004 + -0.002 = Rp-0 Mil.
Revenue was 152.224 + 2674.447 + 181.857 + 176.667 = Rp3,185 Mil.
Market Cap (Today) was Rp465,602 Mil.
Total Liabilities was Rp3,589 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
=(84834.674 - 779.555)/249214.059
=0.3373

X2=Retained Earnings/Total Assets
=-3906.639/249214.059
=-0.0157

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(-417.026 - -0.009)/249214.059
=-0.0017

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=465601.554/3588.93
=129.7327

X5=Revenue/Total Assets
=3185.195/249214.059
=0.0128

The zones of discrimination were as such:

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

PT Bumibenowo Sukses Sejahtera Tbk has a Altman Z-Score of 78.23 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 78.23 mean?
PT Bumibenowo Sukses Sejahtera Tbk (ISX:BBSS) has a Altman Z-Score of 78.23 as of Jul. 08, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on PT Bumibenowo Sukses Sejahtera Tbk and its competitors. This is 48% below median its historical median of 150.57. Over the past decade, PT Bumibenowo Sukses Sejahtera Tbk's Altman Z-Score has ranged from 75.02 to 317.03. According to the industry distribution chart, PT Bumibenowo Sukses Sejahtera Tbk ranks #8 out of 1755 companies in the Construction industry, placing it in the top 0.5%.
Is PT Bumibenowo Sukses Sejahtera Tbk's Altman Z-Score too high?
PT Bumibenowo Sukses Sejahtera Tbk's current Altman Z-Score of 78.23 is 48% below median its 10-year median of 150.57. Over the past 10 years, this metric has ranged from a low of 75.02 to a high of 317.03. The Construction industry median Altman Z-Score is 2.33. PT Bumibenowo Sukses Sejahtera Tbk's value of 78.23 is 3257.5% above this industry median. Based on the distribution chart, PT Bumibenowo Sukses Sejahtera Tbk ranks #8 out of 1755 companies in the Construction industry, which is in the top quartile — a strong position relative to peers. Overall, PT Bumibenowo Sukses Sejahtera Tbk has a GF Score™ of 45/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does PT Bumibenowo Sukses Sejahtera Tbk's Altman Z-Score compare to PWR and FIX?
According to the Construction industry distribution chart, PT Bumibenowo Sukses Sejahtera Tbk ranks #8 out of 1755 companies for Altman Z-Score. This places PT Bumibenowo Sukses Sejahtera Tbk in the top 1% of its industry — outperforming the majority of peers. The industry median Altman Z-Score is 2.33. PT Bumibenowo Sukses Sejahtera Tbk's value of 78.23 is 3257.5% above this benchmark. Historically, PT Bumibenowo Sukses Sejahtera Tbk's own Altman Z-Score has ranged from 75.02 to 317.03 over the past decade. While the company's 10-year median is 150.57 vs. the industry median of 2.33, PT Bumibenowo Sukses Sejahtera 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 1,755 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 Bumibenowo Sukses Sejahtera Tbk's current Altman Z-Score of 78.23 is 3257.5% 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 Bumibenowo Sukses Sejahtera 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 Bumibenowo Sukses Sejahtera Tbk's current Altman Z-Score is 78.23, which is 48% below median its own 10-year median of 150.57. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Bumibenowo Sukses Sejahtera Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Bumibenowo Sukses Sejahtera Tbk (ISX:BBSS) is currently considered Possible Value Trap. The stock's GF Value™ is Rp155.26, compared to a current price of Rp97.00 — trading 37.5% below its estimated fair value. The current Altman Z-Score is 78.23, which is 48% below median its 10-year median of 150.57 and 3257.5% above the Construction industry median of 2.33. PT Bumibenowo Sukses Sejahtera Tbk's overall GF Score™ is 45/100 with 1 warning sign 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 Bumibenowo Sukses Sejahtera Tbk (ISX:BBSS), the current Altman Z-Score is 78.23 as of Jul. 08, 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 Bumibenowo Sukses Sejahtera Tbk (ISX:BBSS) Overvalued in 2026?

Based on GuruFocus' analysis, PT Bumibenowo Sukses Sejahtera Tbk stock appears to be undervalued. The current stock price of Rp97.00 is trading 37.5% below its estimated GF Value™ of Rp155.26. GuruFocus considers PT Bumibenowo Sukses Sejahtera Tbk to be Possible Value Trap.

Key valuation signals for ISX:BBSS:

  • Altman Z-Score: 78.23 (48% below median its 10-year median of 150.57)
  • GF Value™: Rp155.26 vs. price of Rp97.00 (37.5% below fair value)
  • GF Score™: 45/100 with 1 warning sign
  • Industry Position: 3257.5% above the Construction median (#8 of 1755)

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


PT Bumibenowo Sukses Sejahtera Tbk Business Description

Address Jalan. W.R. Supratman No. 19, Ex. Dr. Soetomo, Kecamatan Tegalsari, Surabaya, IDN
PT Bumibenowo Sukses Sejahtera Tbk is engaged in the construction of warehousing and shophouses. Its Warehousing Project is an exclusive warehousing complex on the Gelora Bung Tomo highway, Surabaya, East Java Province.
45GF Score

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

Rp97.00
Price
Rp155.26
GF Value