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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 0.78 is in distress zone. This implies bankruptcy possibility in the next two years.
PT Bukaka Teknik Utama Tbk has a Altman Z-Score of 0.78, 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 Bukaka Teknik Utama Tbk's Altman Z-Score or its related term are showing as below:
ISX:BUKK'
s Altman Z-Score Range Over the Past 10 Years
Min: 0.75 Med: 2.51 Max: 3.66
Current: 0.78
During the past 13 years, PT Bukaka Teknik Utama Tbk's highest Altman Z-Score was 3.66. The lowest was 0.75. And the median was 2.51.
PT Bukaka Teknik Utama Tbk (ISX:BUKK) 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.
ISX:BUKK vs PWR, FIX, EME: Altman Z-Score Comparison
For the Engineering & Construction subindustry, PT Bukaka Teknik Utama 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 Bukaka Teknik Utama Tbk Altman Z-Score vs Construction Industry
For the Construction industry and Industrials sector, PT Bukaka Teknik Utama Tbk's Altman Z-Score distribution charts can be found below:
* The bar in red indicates where PT Bukaka Teknik Utama Tbk's Altman Z-Score falls into.
PT Bukaka Teknik Utama 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.
Trailing Twelve Months (TTM) ended in Jun. 2026: Total Assets was Rp26,046,793 Mil. Total Current Assets was Rp5,258,152 Mil. Total Current Liabilities was Rp3,368,936 Mil. Retained Earnings was Rp4,809,502 Mil. Pre-Tax Income was 161412.691 + 105227.266 + -151265.168 + 276103.387 = Rp391,478 Mil. Interest Expense was -275153.961 + -194406.01 + -260458.363 + -12914.879 = Rp-742,933 Mil. Revenue was 1396684.198 + 867802.155 + 2090706.224 + 693048.865 = Rp5,048,241 Mil. Market Cap (Today) was Rp2,693,261 Mil. Total Liabilities was Rp17,113,539 Mil.
* Note that for stock reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data.
PT Bukaka Teknik Utama Tbk (ISX:BUKK) has a Altman Z-Score of 0.78 as of Jul. 30, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on PT Bukaka Teknik Utama Tbk and its competitors. This is 69% below median its historical median of 2.51. Over the past decade, PT Bukaka Teknik Utama Tbk's Altman Z-Score has ranged from 0.75 to 3.66. According to the industry distribution chart, PT Bukaka Teknik Utama Tbk ranks #1522 out of 1754 companies in the Construction industry, placing it in the top 86.8%.
Is PT Bukaka Teknik Utama Tbk's Altman Z-Score too high?
PT Bukaka Teknik Utama Tbk's current Altman Z-Score of 0.78 is 69% below median its 10-year median of 2.51. Over the past 10 years, this metric has ranged from a low of 0.75 to a high of 3.66. The Construction industry median Altman Z-Score is 2.30. PT Bukaka Teknik Utama Tbk's value of 0.78 is 66.1% below this industry median. Based on the distribution chart, PT Bukaka Teknik Utama Tbk ranks #1522 out of 1754 companies in the Construction industry, which is in the bottom quartile relative to peers. Overall, PT Bukaka Teknik Utama Tbk has a GF Score™ of 73/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does PT Bukaka Teknik Utama Tbk's Altman Z-Score compare to PWR and FIX?
According to the Construction industry distribution chart, PT Bukaka Teknik Utama Tbk ranks #1522 out of 1754 companies for Altman Z-Score. This places PT Bukaka Teknik Utama Tbk in the lower half of its industry. The industry median Altman Z-Score is 2.30. PT Bukaka Teknik Utama Tbk's value of 0.78 is 66.1% below this benchmark. Historically, PT Bukaka Teknik Utama Tbk's own Altman Z-Score has ranged from 0.75 to 3.66 over the past decade. While the company's 10-year median is 2.51 vs. the industry median of 2.30, PT Bukaka Teknik Utama 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 Construction company?
The median Altman Z-Score among Construction companies is 2.30, based on 1,754 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 Bukaka Teknik Utama Tbk's current Altman Z-Score of 0.78 is 66.1% 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 Bukaka Teknik Utama Tbk and its competitors. For the Construction industry, the median Altman Z-Score is 2.30 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT Bukaka Teknik Utama Tbk's current Altman Z-Score is 0.78, which is 69% below median its own 10-year median of 2.51. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Bukaka Teknik Utama Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Bukaka Teknik Utama Tbk (ISX:BUKK) is currently considered Fairly Valued. The stock's GF Value™ is Rp1,077.71, compared to a current price of Rp1,020.00 — trading 5.4% below its estimated fair value. The current Altman Z-Score is 0.78, which is 69% below median its 10-year median of 2.51 and 66.1% below the Construction industry median of 2.30. PT Bukaka Teknik Utama Tbk's overall GF Score™ is 73/100 with 7 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 Bukaka Teknik Utama Tbk (ISX:BUKK), the current Altman Z-Score is 0.78 as of Jul. 30, 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 Bukaka Teknik Utama Tbk (ISX:BUKK) Overvalued in 2026?
Based on GuruFocus' analysis, PT Bukaka Teknik Utama Tbk stock appears to be undervalued.
The current stock price of Rp1,020.00 is trading 5.4% below its estimated GF Value™ of Rp1,077.71.
GuruFocus considers PT Bukaka Teknik Utama Tbk to be Fairly Valued.
Key valuation signals for ISX:BUKK:
Altman Z-Score: 0.78 (69% below median its 10-year median of 2.51)
GF Value™: Rp1,077.71 vs. price of Rp1,020.00 (5.4% below fair value)
Industry Position: 66.1% below the Construction median (#1522 of 1754)
No single metric tells the full story. See the ISX:BUKK stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
PT Bukaka Teknik Utama Tbk is engaged in the engineering and construction business. It is engaged in manufacturing and supplying special equipment and other businesses in the construction industry. The company's operating business segments are Infrastructure and forging, Transportation, Energy and mining, Concession arrangements, and Mini Hydro revenue and Sales of Nickel. A majority of its revenue is generated from the Infrastructure and forging segment, which includes its Steel Tower Business Line and the Steel Bridge Business Line, and the manufacturing and supply of automotive components and other machinery components (non-automotive) based on quality forged steel.
73GF Score
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