PT Catur Sentosa Adiprana TbkISX:CSAP -2.19%69 Altman Z-Score is 1.89 as of Jun. 24, 2026, which is 18% below its 10-year median of 2.30. GuruFocus rates ISX:CSAP with a GF Score™ of 69/100 and a GF Value™ of Rp474.30 (Significantly Undervalued). The stock has 4 warning signs investors should review. Among 154 Industrial Distribution companies, PT Catur Sentosa Adiprana Tbk ranks worse than 79.22% 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 1.89 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 Catur Sentosa Adiprana Tbk has a Altman Z-Score of 1.89, indicating it is in Grey Zones. This implies that PT Catur Sentosa Adiprana 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 Catur Sentosa Adiprana Tbk's Altman Z-Score or its related term are showing as below:
ISX:CSAP'
s Altman Z-Score Range Over the Past 10 Years
Min: 1.88 Med: 2.3 Max: 2.99
Current: 1.89
During the past 13 years, PT Catur Sentosa Adiprana Tbk's highest Altman Z-Score was 2.99. The lowest was 1.88. And the median was 2.30.
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:CSAP vs GWW, FAST, FERG: Altman Z-Score Comparison
For the Industrial Distribution subindustry, PT Catur Sentosa Adiprana 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 Catur Sentosa Adiprana Tbk Altman Z-Score vs Industrial Distribution Industry
For the Industrial Distribution industry and Industrials sector, PT Catur Sentosa Adiprana Tbk's Altman Z-Score distribution charts can be found below:
* The bar in red indicates where PT Catur Sentosa Adiprana Tbk's Altman Z-Score falls into.
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 Catur Sentosa Adiprana Tbk (ISX:CSAP) has a Altman Z-Score of 1.89 as of Jun. 24, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on PT Catur Sentosa Adiprana Tbk and its competitors. This is 18% below median its historical median of 2.30. Over the past decade, PT Catur Sentosa Adiprana Tbk's Altman Z-Score has ranged from 1.88 to 2.99. According to the industry distribution chart, PT Catur Sentosa Adiprana Tbk ranks #122 out of 154 companies in the Industrial Distribution industry, placing it in the top 79.2%.
Is PT Catur Sentosa Adiprana Tbk's Altman Z-Score too high?
PT Catur Sentosa Adiprana Tbk's current Altman Z-Score of 1.89 is 18% below median its 10-year median of 2.30. Over the past 10 years, this metric has ranged from a low of 1.88 to a high of 2.99. The Industrial Distribution industry median Altman Z-Score is 3.27. PT Catur Sentosa Adiprana Tbk's value of 1.89 is 42.1% below this industry median. Based on the distribution chart, PT Catur Sentosa Adiprana Tbk ranks #122 out of 154 companies in the Industrial Distribution industry, which is in the bottom quartile relative to peers. Overall, PT Catur Sentosa Adiprana Tbk has a GF Score™ of 69/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does PT Catur Sentosa Adiprana Tbk's Altman Z-Score compare to GWW and FAST?
According to the Industrial Distribution industry distribution chart, PT Catur Sentosa Adiprana Tbk ranks #122 out of 154 companies for Altman Z-Score. This places PT Catur Sentosa Adiprana Tbk in the lower half of its industry. The industry median Altman Z-Score is 3.27. PT Catur Sentosa Adiprana Tbk's value of 1.89 is 42.1% below this benchmark. Historically, PT Catur Sentosa Adiprana Tbk's own Altman Z-Score has ranged from 1.88 to 2.99 over the past decade. While the company's 10-year median is 2.30 vs. the industry median of 3.27, PT Catur Sentosa Adiprana 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 an Industrial Distribution company?
The median Altman Z-Score among Industrial Distribution companies is 3.27, based on 154 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 Catur Sentosa Adiprana Tbk's current Altman Z-Score of 1.89 is 42.1% 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 Catur Sentosa Adiprana Tbk and its competitors. For the Industrial Distribution industry, the median Altman Z-Score is 3.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT Catur Sentosa Adiprana Tbk's current Altman Z-Score is 1.89, which is 18% below median its own 10-year median of 2.30. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Catur Sentosa Adiprana Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Catur Sentosa Adiprana Tbk (ISX:CSAP) is currently considered Significantly Undervalued. The stock's GF Value™ is Rp474.30, compared to a current price of Rp268.00 — trading 43.5% below its estimated fair value. The current Altman Z-Score is 1.89, which is 18% below median its 10-year median of 2.30 and 42.1% below the Industrial Distribution industry median of 3.27. PT Catur Sentosa Adiprana Tbk's overall GF Score™ is 69/100 with 4 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 Catur Sentosa Adiprana Tbk (ISX:CSAP), the current Altman Z-Score is 1.89 as of Jun. 24, 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 Catur Sentosa Adiprana Tbk (ISX:CSAP) Overvalued in 2026?
Based on GuruFocus' analysis, PT Catur Sentosa Adiprana Tbk stock appears to be undervalued.
The current stock price of Rp268.00 is trading 43.5% below its estimated GF Value™ of Rp474.30.
GuruFocus considers PT Catur Sentosa Adiprana Tbk to be Significantly Undervalued.
Key valuation signals for ISX:CSAP:
Altman Z-Score: 1.89 (18% below median its 10-year median of 2.30)
GF Value™: Rp474.30 vs. price of Rp268.00 (43.5% below fair value)
Industry Position: 42.1% below the Industrial Distribution median (#122 of 154)
No single metric tells the full story. See the ISX:CSAP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
PT Catur Sentosa Adiprana Tbk Business Description
PT Catur Sentosa Adiprana Tbk is an Indonesia-based holding company engaged in trading and retail of industrial goods, particularly building materials and consumer goods. It is involved in the trading of Building Material Distribution, Chemical Distribution, Consumer Goods Distribution, Building Materials & Home Improvement, and Modern Home Furnishings. The company's operating segments are Distribution and Retail. The majority of revenue is derived from the Distribution segment.
69GF Score
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