PT Bumi Citra Permai TbkISX:BCIP +1.75%64 Altman Z-Score is 1.20 as of Jun. 26, 2026, which is 5% above its 10-year median of 1.14. GuruFocus rates ISX:BCIP with a GF Score™ of 64/100 and a GF Value™ of Rp79.40 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 1,731 Real Estate companies, PT Bumi Citra Permai Tbk ranks worse than 53.38% 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.
Warning Sign:
Altman Z-score of 1.2 is in distress zone. This implies bankruptcy possibility in the next two years.
PT Bumi Citra Permai Tbk has a Altman Z-Score of 1.20, 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 Bumi Citra Permai Tbk's Altman Z-Score or its related term are showing as below:
ISX:BCIP'
s Altman Z-Score Range Over the Past 10 Years
Min: 0.81 Med: 1.14 Max: 2.83
Current: 1.2
During the past 13 years, PT Bumi Citra Permai Tbk's highest Altman Z-Score was 2.83. The lowest was 0.81. And the median was 1.14.
PT Bumi Citra Permai Tbk (ISX:BCIP) 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 Bumi Citra Permai Tbk Altman Z-Score Competitor Comparison
For the Real Estate - Development subindustry, PT Bumi Citra Permai 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 Bumi Citra Permai Tbk Altman Z-Score vs Real Estate Industry
For the Real Estate industry and Real Estate sector, PT Bumi Citra Permai Tbk's Altman Z-Score distribution charts can be found below:
* The bar in red indicates where PT Bumi Citra Permai Tbk's Altman Z-Score falls into.
PT Bumi Citra Permai 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 Bumi Citra Permai Tbk (ISX:BCIP) has a Altman Z-Score of 1.20 as of Jun. 26, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on PT Bumi Citra Permai Tbk and its competitors. This is near median its historical median of 1.14. Over the past decade, PT Bumi Citra Permai Tbk's Altman Z-Score has ranged from 0.81 to 2.83. According to the industry distribution chart, PT Bumi Citra Permai Tbk ranks #924 out of 1731 companies in the Real Estate industry, placing it in the top 53.4%.
Is PT Bumi Citra Permai Tbk's Altman Z-Score too high?
PT Bumi Citra Permai Tbk's current Altman Z-Score of 1.20 is near median its 10-year median of 1.14. Over the past 10 years, this metric has ranged from a low of 0.81 to a high of 2.83. The Real Estate industry median Altman Z-Score is 1.30. PT Bumi Citra Permai Tbk's value of 1.20 is 7.7% below this industry median. Based on the distribution chart, PT Bumi Citra Permai Tbk ranks #924 out of 1731 companies in the Real Estate industry, which is below the industry midpoint. Overall, PT Bumi Citra Permai Tbk has a GF Score™ of 64/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does PT Bumi Citra Permai Tbk's Altman Z-Score compare to competitors?
According to the Real Estate industry distribution chart, PT Bumi Citra Permai Tbk ranks #924 out of 1731 companies for Altman Z-Score. This places PT Bumi Citra Permai Tbk in the lower half of its industry. The industry median Altman Z-Score is 1.30. PT Bumi Citra Permai Tbk's value of 1.20 is 7.7% below this benchmark. Historically, PT Bumi Citra Permai Tbk's own Altman Z-Score has ranged from 0.81 to 2.83 over the past decade. While the company's 10-year median is 1.14 vs. the industry median of 1.30, PT Bumi Citra Permai Tbk has consistently been below 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 Real Estate company?
The median Altman Z-Score among Real Estate companies is 1.30, based on 1,731 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 Bumi Citra Permai Tbk's current Altman Z-Score of 1.20 is 7.7% below 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 Bumi Citra Permai Tbk and its competitors. For the Real Estate industry, the median Altman Z-Score is 1.30 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT Bumi Citra Permai Tbk's current Altman Z-Score is 1.20, which is near median its own 10-year median of 1.14. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Bumi Citra Permai Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Bumi Citra Permai Tbk (ISX:BCIP) is currently considered Modestly Undervalued. The stock's GF Value™ is Rp79.40, compared to a current price of Rp58.00 — trading 27% below its estimated fair value. The current Altman Z-Score is 1.20, which is near median its 10-year median of 1.14 and 7.7% below the Real Estate industry median of 1.30. PT Bumi Citra Permai Tbk's overall GF Score™ is 64/100 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 Bumi Citra Permai Tbk (ISX:BCIP), the current Altman Z-Score is 1.20 as of Jun. 26, 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 Bumi Citra Permai Tbk (ISX:BCIP) Overvalued in 2026?
Based on GuruFocus' analysis, PT Bumi Citra Permai Tbk stock appears to be undervalued.
The current stock price of Rp58.00 is trading 27% below its estimated GF Value™ of Rp79.40.
GuruFocus considers PT Bumi Citra Permai Tbk to be Modestly Undervalued.
Key valuation signals for ISX:BCIP:
Altman Z-Score: 1.20 (near median its 10-year median of 1.14)
GF Value™: Rp79.40 vs. price of Rp58.00 (27% below fair value)
Industry Position: 7.7% below the Real Estate median (#924 of 1731)
No single metric tells the full story. See the ISX:BCIP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
PT Bumi Citra Permai Tbk is engaged is a real estate company engaged in the development of industrial areas and warehouses. Along with the sale of industrial plots, it also sells plots of land and buildings such as factories/ warehouses. Its development activity begins with the request process, land acquisition, land development, and infrastructure development in the industrial area. The company's products include Ready-to-Build Industrial Lot, Industrial Buildings and Warehouses that range from 12x24 (s- BIG) and 18x30 (m- BIG); and Shophouses. The majority of the revenues are derived from Sales of warehouses and shop houses, Ready-to-Build Industrial lots, and Water Supply Management.
64GF Score
Get the complete analysis for ISX:BCIP
Altman Z-Score is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
ISX:BCIP has been successfully added to your 
