PT Graha Layar Prima Tbk (ISX:BLTZ) Altman Z-Score: 0.92 (As of Jul. 12, 2026) — 44% Above Median


ISX:BLTZ PT Graha Layar Prima Tbk ISX:BLTZ
67 GF Score
Price Rp2,870.00
GF Value Rp2,294.73
Valuation Modestly Overvalued
! 3 Warning Signs
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What is PT Graha Layar Prima Tbk Altman Z-Score?

PT Graha Layar Prima Tbk ISX:BLTZ 67 Altman Z-Score is 0.92 as of Jul. 12, 2026, which is 44% above its 10-year median of 0.64. GuruFocus rates ISX:BLTZ with a GF Score™ of 67/100 and a GF Value™ of Rp2,294.73 (Modestly Overvalued). The stock has 3 warning signs investors should review. Among 1,009 Media - Diversified companies, PT Graha Layar Prima Tbk ranks worse than 69.97% 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 0.92 is in distress zone. This implies bankruptcy possibility in the next two years.

PT Graha Layar Prima Tbk has a Altman Z-Score of 0.92, 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 Graha Layar Prima Tbk's Altman Z-Score or its related term are showing as below:

ISX:BLTZ' s Altman Z-Score Range Over the Past 10 Years
Min: -0.76   Med: 0.64   Max: 10.34
Current: 0.92

During the past 13 years, PT Graha Layar Prima Tbk's highest Altman Z-Score was 10.34. The lowest was -0.76. And the median was 0.64.


PT Graha Layar Prima Tbk  (ISX:BLTZ) 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 Graha Layar Prima Tbk Altman Z-Score Related Terms


PT Graha Layar Prima Tbk Altman Z-Score Historical Data

* Premium members only.

The historical data trend for PT Graha Layar Prima 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 Graha Layar Prima Tbk Altman Z-Score Chart

PT Graha Layar Prima 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 -0.35 0.54 0.12 0.22 0.85

PT Graha Layar Prima 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 -0.01 0.28 0.86 0.85 0.86

ISX:BLTZ vs NFLX, DIS, WBD: Altman Z-Score Comparison

For the Entertainment subindustry, PT Graha Layar Prima 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 Graha Layar Prima Tbk Altman Z-Score vs Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, PT Graha Layar Prima Tbk's Altman Z-Score distribution charts can be found below:

* The bar in red indicates where PT Graha Layar Prima Tbk's Altman Z-Score falls into.


ISX:BLTZ
67GF Score
PT Graha Layar Prima Tbk ISX:BLTZ
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

PT Graha Layar Prima 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 Graha Layar Prima 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*-0.2223+1.4*-0.7312+3.3*0.1131+0.6*1.8655+1.0*0.7225
=0.92

* 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 Rp1,770,343 Mil.
Total Current Assets was Rp221,579 Mil.
Total Current Liabilities was Rp615,210 Mil.
Retained Earnings was Rp-1,294,431 Mil.
Pre-Tax Income was -29884.203 + 31711.051 + 15703.678 + 74706.882 = Rp92,237 Mil.
Interest Expense was -24027.312 + -25973.495 + -28571.461 + -29376.786 = Rp-107,949 Mil.
Revenue was 214046.327 + 335659.574 + 307492.102 + 421870.962 = Rp1,279,069 Mil.
Market Cap (Today) was Rp2,508,200 Mil.
Total Liabilities was Rp1,344,501 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
=(221578.933 - 615209.531)/1770342.716
=-0.2223

X2=Retained Earnings/Total Assets
=-1294430.575/1770342.716
=-0.7312

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(92237.408 - -107949.054)/1770342.716
=0.1131

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=2508199.598/1344500.849
=1.8655

X5=Revenue/Total Assets
=1279068.965/1770342.716
=0.7225

The zones of discrimination were as such:

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

PT Graha Layar Prima Tbk has a Altman Z-Score of 0.92 indicating it is in Distress 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 0.92 mean?
PT Graha Layar Prima Tbk (ISX:BLTZ) has a Altman Z-Score of 0.92 as of Jul. 12, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on PT Graha Layar Prima Tbk and its competitors. This is 44% above median its historical median of 0.64. According to the industry distribution chart, PT Graha Layar Prima Tbk ranks #706 out of 1009 companies in the Media - Diversified industry, placing it in the top 70%.
Is PT Graha Layar Prima Tbk's Altman Z-Score too high?
PT Graha Layar Prima Tbk's current Altman Z-Score of 0.92 is 44% above median its 10-year median of 0.64. The Media - Diversified industry median Altman Z-Score is 1.99. PT Graha Layar Prima Tbk's value of 0.92 is 53.8% below this industry median. Based on the distribution chart, PT Graha Layar Prima Tbk ranks #706 out of 1009 companies in the Media - Diversified industry, which is below the industry midpoint. Overall, PT Graha Layar Prima Tbk has a GF Score™ of 67/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does PT Graha Layar Prima Tbk's Altman Z-Score compare to NFLX and DIS?
According to the Media - Diversified industry distribution chart, PT Graha Layar Prima Tbk ranks #706 out of 1009 companies for Altman Z-Score. This places PT Graha Layar Prima Tbk in the lower half of its industry. The industry median Altman Z-Score is 1.99. PT Graha Layar Prima Tbk's value of 0.92 is 53.8% below this benchmark. While the company's 10-year median is 0.64 vs. the industry median of 1.99, PT Graha Layar Prima 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 Media - Diversified company?
The median Altman Z-Score among Media - Diversified companies is 1.99, based on 1,009 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 Graha Layar Prima Tbk's current Altman Z-Score of 0.92 is 53.8% 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 Graha Layar Prima Tbk and its competitors. For the Media - Diversified industry, the median Altman Z-Score is 1.99 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT Graha Layar Prima Tbk's current Altman Z-Score is 0.92, which is 44% above median its own 10-year median of 0.64. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Graha Layar Prima Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Graha Layar Prima Tbk (ISX:BLTZ) is currently considered Modestly Overvalued. The stock's GF Value™ is Rp2,294.73, compared to a current price of Rp2,870.00 — trading 25.1% above its estimated fair value. The current Altman Z-Score is 0.92, which is 44% above median its 10-year median of 0.64 and 53.8% below the Media - Diversified industry median of 1.99. PT Graha Layar Prima Tbk's overall GF Score™ is 67/100 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 Graha Layar Prima Tbk (ISX:BLTZ), the current Altman Z-Score is 0.92 as of Jul. 12, 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 Graha Layar Prima Tbk (ISX:BLTZ) Overvalued in 2026?

Based on GuruFocus' analysis, PT Graha Layar Prima Tbk stock appears to be overvalued. The current stock price of Rp2,870.00 is trading 25.1% above its estimated GF Value™ of Rp2,294.73. GuruFocus considers PT Graha Layar Prima Tbk to be Modestly Overvalued.

Key valuation signals for ISX:BLTZ:

  • Altman Z-Score: 0.92 (44% above median its 10-year median of 0.64)
  • GF Value™: Rp2,294.73 vs. price of Rp2,870.00 (25.1% above fair value)
  • GF Score™: 67/100 with 3 warning signs
  • Industry Position: 53.8% below the Media - Diversified median (#706 of 1009)

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


PT Graha Layar Prima Tbk Business Description

Address Jalan Jend Sudirman Kav. 48A, Gedung AIA Central Building, 26th Floor, Kel. Karet Semanggi, Kec. Setiabudi, Jakarta Selatan, Jakarta, IDN, 12930
PT Graha Layar Prima Tbk engages in the cinema industry and the provision of food and beverages. It operates through two segments: cinema and movie distribution & cinema licensor. The company offers a range of movies, including Hollywood movies, Indonesian movies, independent movies, and Hindi movies. It also offers other entertainment and services within its movie theater compounds, such as restaurants, cafes, live music performances, pool tables, and karaoke. The company derives a majority of its revenue from the Cinema segment. The cinema segment generates revenue from ticket sales in all owned cinemas, sales of food and beverages in cinemas, and also rental of auditoriums for various other activities.
67GF Score

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

Rp2,870.00
Price
Rp2,294.73
GF Value