PT Colorpak Indonesia Tbk (ISX:CLPI) Altman Z-Score: 4.05 (As of Jul. 12, 2026) — 12% Above Median


ISX:CLPI PT Colorpak Indonesia Tbk ISX:CLPI
73 GF Score
Price Rp1,485.00
GF Value Rp1,292.47
Valuation Modestly Overvalued
! 1 Warning Sign
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What is PT Colorpak Indonesia Tbk Altman Z-Score?

PT Colorpak Indonesia Tbk ISX:CLPI +0.68% 73 Altman Z-Score is 4.05 as of Jul. 12, 2026, which is 12% above its 10-year median of 3.62. GuruFocus rates ISX:CLPI with a GF Score™ of 73/100 and a GF Value™ of Rp1,292.47 (Modestly Overvalued). The stock has 1 warning sign investors should review. Among 1,562 Chemicals companies, PT Colorpak Indonesia Tbk ranks better than 62.61% 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 4.05 is strong.

PT Colorpak Indonesia Tbk has a Altman Z-Score of 4.05, 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 Colorpak Indonesia Tbk's Altman Z-Score or its related term are showing as below:

ISX:CLPI' s Altman Z-Score Range Over the Past 10 Years
Min: 2.99   Med: 3.62   Max: 4.43
Current: 4.05

During the past 13 years, PT Colorpak Indonesia Tbk's highest Altman Z-Score was 4.43. The lowest was 2.99. And the median was 3.62.


PT Colorpak Indonesia Tbk  (ISX:CLPI) 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 Colorpak Indonesia Tbk Altman Z-Score Related Terms


PT Colorpak Indonesia Tbk Altman Z-Score Historical Data

* Premium members only.

The historical data trend for PT Colorpak Indonesia 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 Colorpak Indonesia Tbk Altman Z-Score Chart

PT Colorpak Indonesia 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 3.40 3.46 3.72 3.89 4.17

PT Colorpak Indonesia 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 3.77 3.69 4.04 4.17 4.11

ISX:CLPI vs LIN, SHW, ECL: Altman Z-Score Comparison

For the Specialty Chemicals subindustry, PT Colorpak Indonesia 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 Colorpak Indonesia Tbk Altman Z-Score vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, PT Colorpak Indonesia Tbk's Altman Z-Score distribution charts can be found below:

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


ISX:CLPI
73GF Score
PT Colorpak Indonesia Tbk ISX:CLPI
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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PT Colorpak Indonesia 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 Colorpak Indonesia 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*0.5929+1.4*0.6107+3.3*0.101+0.6*1.695+1.0*1.1381
=4.05

* 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 Rp883,469 Mil.
Total Current Assets was Rp776,156 Mil.
Total Current Liabilities was Rp252,376 Mil.
Retained Earnings was Rp539,562 Mil.
Pre-Tax Income was 19419.913 + 24075.708 + 25916.459 + 16546.915 = Rp85,959 Mil.
Interest Expense was -637.751 + -684.688 + -944.993 + -982.622 = Rp-3,250 Mil.
Revenue was 250830.073 + 265248.587 + 255334.211 + 234042.552 = Rp1,005,455 Mil.
Market Cap (Today) was Rp454,470 Mil.
Total Liabilities was Rp268,125 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
=(776155.95 - 252375.927)/883469.348
=0.5929

X2=Retained Earnings/Total Assets
=539562.172/883469.348
=0.6107

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(85958.995 - -3250.054)/883469.348
=0.101

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=454469.994/268125.477
=1.695

X5=Revenue/Total Assets
=1005455.423/883469.348
=1.1381

The zones of discrimination were as such:

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

PT Colorpak Indonesia Tbk has a Altman Z-Score of 4.05 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 4.05 mean?
PT Colorpak Indonesia Tbk (ISX:CLPI) has a Altman Z-Score of 4.05 as of Jul. 12, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on PT Colorpak Indonesia Tbk and its competitors. This is 12% above median its historical median of 3.62. Over the past decade, PT Colorpak Indonesia Tbk's Altman Z-Score has ranged from 2.99 to 4.43. According to the industry distribution chart, PT Colorpak Indonesia Tbk ranks #584 out of 1562 companies in the Chemicals industry, placing it in the top 37.4%.
Is PT Colorpak Indonesia Tbk's Altman Z-Score too high?
PT Colorpak Indonesia Tbk's current Altman Z-Score of 4.05 is 12% above median its 10-year median of 3.62. Over the past 10 years, this metric has ranged from a low of 2.99 to a high of 4.43. The Chemicals industry median Altman Z-Score is 3.14. PT Colorpak Indonesia Tbk's value of 4.05 is 29% above this industry median. Based on the distribution chart, PT Colorpak Indonesia Tbk ranks #584 out of 1562 companies in the Chemicals industry, which is above the industry midpoint. Overall, PT Colorpak Indonesia Tbk has a GF Score™ of 73/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does PT Colorpak Indonesia Tbk's Altman Z-Score compare to LIN and SHW?
According to the Chemicals industry distribution chart, PT Colorpak Indonesia Tbk ranks #584 out of 1562 companies for Altman Z-Score. This puts PT Colorpak Indonesia Tbk in the upper half of its industry. The industry median Altman Z-Score is 3.14. PT Colorpak Indonesia Tbk's value of 4.05 is 29% above this benchmark. Historically, PT Colorpak Indonesia Tbk's own Altman Z-Score has ranged from 2.99 to 4.43 over the past decade. While the company's 10-year median is 3.62 vs. the industry median of 3.14, PT Colorpak Indonesia 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 Chemicals company?
The median Altman Z-Score among Chemicals companies is 3.14, based on 1,562 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 Colorpak Indonesia Tbk's current Altman Z-Score of 4.05 is 29% 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 Colorpak Indonesia Tbk and its competitors. For the Chemicals industry, the median Altman Z-Score is 3.14 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT Colorpak Indonesia Tbk's current Altman Z-Score is 4.05, which is 12% above median its own 10-year median of 3.62. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Colorpak Indonesia Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Colorpak Indonesia Tbk (ISX:CLPI) is currently considered Modestly Overvalued. The stock's GF Value™ is Rp1,292.47, compared to a current price of Rp1,485.00 — trading 14.9% above its estimated fair value. The current Altman Z-Score is 4.05, which is 12% above median its 10-year median of 3.62 and 29% above the Chemicals industry median of 3.14. PT Colorpak Indonesia Tbk's overall GF Score™ is 73/100 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 Colorpak Indonesia Tbk (ISX:CLPI), the current Altman Z-Score is 4.05 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 Colorpak Indonesia Tbk (ISX:CLPI) Overvalued in 2026?

Based on GuruFocus' analysis, PT Colorpak Indonesia Tbk stock appears to be overvalued. The current stock price of Rp1,485.00 is trading 14.9% above its estimated GF Value™ of Rp1,292.47. GuruFocus considers PT Colorpak Indonesia Tbk to be Modestly Overvalued.

Key valuation signals for ISX:CLPI:

  • Altman Z-Score: 4.05 (12% above median its 10-year median of 3.62)
  • GF Value™: Rp1,292.47 vs. price of Rp1,485.00 (14.9% above fair value)
  • GF Score™: 73/100 with 1 warning sign
  • Industry Position: 29% above the Chemicals median (#584 of 1562)

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


PT Colorpak Indonesia Tbk Business Description

Address Jalan Industri II Blok F No. 7 Pasir Jaya, Jatiuwung, Tangerang, IDN, 15135
PT Colorpak Indonesia Tbk is engaged in the ink, paint and printing ink industry. It is engaged in general trading of chemical materials and products or industrial chemicals. Its two main business activities, namely the manufacturing of printing inks and coatings, as well as the trading of films, adhesives, and similar products. Its products are Inks for flexible packaging and cigarettes; Eco-friendly inks; Coatings for packaging and the traded products include: Film (BOPP, PET, NYLON, MPET, Aluminum Foil, and specialty film); and Adhesive (Solvent Base and Solvent Less). The group has four segments Gravure Division, Film Division, Adhesive Division, and Coating Division. The company generates majority of revenue from Gravure Division.
73GF Score

Get the complete analysis for ISX:CLPI

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

Rp1,485.00
Price
Rp1,292.47
GF Value