PT Central Proteinaprima Tbk (ISX:CPRO) Altman Z-Score: 1.86 (As of Jun. 30, 2026) — 94% Above Median


ISX:CPRO PT Central Proteinaprima Tbk ISX:CPRO
71 GF Score
Price Rp50.00
GF Value Rp57.49
Valuation Modestly Undervalued
! 2 Warning Signs
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What is PT Central Proteinaprima Tbk Altman Z-Score?

PT Central Proteinaprima Tbk ISX:CPRO 71 Altman Z-Score is 1.86 as of Jun. 30, 2026, which is 94% above its 10-year median of 0.96. GuruFocus rates ISX:CPRO with a GF Score™ of 71/100 and a GF Value™ of Rp57.49 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 1,931 Consumer Packaged Goods companies, PT Central Proteinaprima Tbk ranks worse than 68.72% 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 1.86 is in the grey area. This implies that the company is under some kind of financial stress. If it is below 1.8, the company may face bankruptcy risk.

PT Central Proteinaprima Tbk has a Altman Z-Score of 1.86, indicating it is in Grey Zones. This implies that PT Central Proteinaprima Tbk is in some kind of financial stress. If it is below 1.81, the company may face bankrupcy risk.

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 Central Proteinaprima Tbk's Altman Z-Score or its related term are showing as below:

ISX:CPRO' s Altman Z-Score Range Over the Past 10 Years
Min: -3.43   Med: 0.96   Max: 2.6
Current: 1.86

During the past 13 years, PT Central Proteinaprima Tbk's highest Altman Z-Score was 2.60. The lowest was -3.43. And the median was 0.96.


PT Central Proteinaprima Tbk  (ISX:CPRO) 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 Central Proteinaprima Tbk Altman Z-Score Related Terms


PT Central Proteinaprima Tbk Altman Z-Score Historical Data

* Premium members only.

The historical data trend for PT Central Proteinaprima 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 Central Proteinaprima Tbk Altman Z-Score Chart

PT Central Proteinaprima 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 2.54 1.32 1.54 1.65 1.93

PT Central Proteinaprima 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 1.74 1.84 2.04 1.93 1.90

ISX:CPRO vs ADM, BG, TSN: Altman Z-Score Comparison

For the Farm Products subindustry, PT Central Proteinaprima 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 Central Proteinaprima Tbk Altman Z-Score vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, PT Central Proteinaprima Tbk's Altman Z-Score distribution charts can be found below:

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


ISX:CPRO
71GF Score
PT Central Proteinaprima Tbk ISX:CPRO
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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PT Central Proteinaprima 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 Central Proteinaprima 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*0.0473+1.4*-0.3501+3.3*0.0982+0.6*0.9324+1.0*1.4143
=1.86

* 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 Rp7,085,618 Mil.
Total Current Assets was Rp2,932,780 Mil.
Total Current Liabilities was Rp2,597,854 Mil.
Retained Earnings was Rp-2,480,568 Mil.
Pre-Tax Income was 135355 + 61028 + 178087 + 176330 = Rp550,800 Mil.
Interest Expense was -28018 + -40085 + -40650 + -35967 = Rp-144,720 Mil.
Revenue was 2469646 + 2610815 + 2581315 + 2359685 = Rp10,021,461 Mil.
Market Cap (Today) was Rp2,978,619 Mil.
Total Liabilities was Rp3,194,687 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
=(2932780 - 2597854)/7085618
=0.0473

X2=Retained Earnings/Total Assets
=-2480568/7085618
=-0.3501

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(550800 - -144720)/7085618
=0.0982

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=2978619.139/3194687
=0.9324

X5=Revenue/Total Assets
=10021461/7085618
=1.4143

The zones of discrimination were as such:

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

PT Central Proteinaprima Tbk has a Altman Z-Score of 1.86 indicating it is in Grey 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 1.86 mean?
PT Central Proteinaprima Tbk (ISX:CPRO) has a Altman Z-Score of 1.86 as of Jun. 30, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on PT Central Proteinaprima Tbk and its competitors. This is 94% above median its historical median of 0.96. According to the industry distribution chart, PT Central Proteinaprima Tbk ranks #1327 out of 1931 companies in the Consumer Packaged Goods industry, placing it in the top 68.7%.
Is PT Central Proteinaprima Tbk's Altman Z-Score too high?
PT Central Proteinaprima Tbk's current Altman Z-Score of 1.86 is 94% above median its 10-year median of 0.96. The Consumer Packaged Goods industry median Altman Z-Score is 2.83. PT Central Proteinaprima Tbk's value of 1.86 is 34.3% below this industry median. Based on the distribution chart, PT Central Proteinaprima Tbk ranks #1327 out of 1931 companies in the Consumer Packaged Goods industry, which is below the industry midpoint. Overall, PT Central Proteinaprima Tbk has a GF Score™ of 71/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does PT Central Proteinaprima Tbk's Altman Z-Score compare to ADM and BG?
According to the Consumer Packaged Goods industry distribution chart, PT Central Proteinaprima Tbk ranks #1327 out of 1931 companies for Altman Z-Score. This places PT Central Proteinaprima Tbk in the lower half of its industry. The industry median Altman Z-Score is 2.83. PT Central Proteinaprima Tbk's value of 1.86 is 34.3% below this benchmark. While the company's 10-year median is 0.96 vs. the industry median of 2.83, PT Central Proteinaprima 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 Consumer Packaged Goods company?
The median Altman Z-Score among Consumer Packaged Goods companies is 2.83, based on 1,931 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 Central Proteinaprima Tbk's current Altman Z-Score of 1.86 is 34.3% 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 Central Proteinaprima Tbk and its competitors. For the Consumer Packaged Goods industry, the median Altman Z-Score is 2.83 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT Central Proteinaprima Tbk's current Altman Z-Score is 1.86, which is 94% above median its own 10-year median of 0.96. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Central Proteinaprima Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Central Proteinaprima Tbk (ISX:CPRO) is currently considered Modestly Undervalued. The stock's GF Value™ is Rp57.49, compared to a current price of Rp50.00 — trading 13% below its estimated fair value. The current Altman Z-Score is 1.86, which is 94% above median its 10-year median of 0.96 and 34.3% below the Consumer Packaged Goods industry median of 2.83. PT Central Proteinaprima Tbk's overall GF Score™ is 71/100 with 2 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 Central Proteinaprima Tbk (ISX:CPRO), the current Altman Z-Score is 1.86 as of Jun. 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 Central Proteinaprima Tbk (ISX:CPRO) Overvalued in 2026?

Based on GuruFocus' analysis, PT Central Proteinaprima Tbk stock appears to be undervalued. The current stock price of Rp50.00 is trading 13% below its estimated GF Value™ of Rp57.49. GuruFocus considers PT Central Proteinaprima Tbk to be Modestly Undervalued.

Key valuation signals for ISX:CPRO:

  • Altman Z-Score: 1.86 (94% above median its 10-year median of 0.96)
  • GF Value™: Rp57.49 vs. price of Rp50.00 (13% below fair value)
  • GF Score™: 71/100 with 2 warning signs
  • Industry Position: 34.3% below the Consumer Packaged Goods median (#1327 of 1931)

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


PT Central Proteinaprima Tbk Business Description

Address Jalan Jendral sudirman Kavling 52-53, Treasury Tower, 8th Floor, District 8 SCBD Lot. 28, Jakarta, IDN, 12190
PT Central Proteinaprima Tbk is an Indonesia-based aquaculture company. Principally, it is engaged in integrated shrimp farming, production, and sale of shrimp, fish, and other livestock feeds. It operates in three segments: Feeds, Food products, and others, of which the majority of the revenue comes from the feeds segment. Also, it provides hatchery services. It offers animal feed products such as Irawan, Bintang, Indo Feed, Pakan Udang Galah, Pakan Udang Bestariand, and Pakan Udang Marine. The majority of the revenue is generated from the domestic market.
71GF Score

Get the complete analysis for ISX:CPRO

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

Rp50.00
Price
Rp57.49
GF Value