PT Nusa Konstruksi Enjiniring Tbk (ISX:DGIK) Altman Z-Score: 1.30 (As of Jul. 30, 2026) — 10% Above Median

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ISX:DGIK PT Nusa Konstruksi Enjiniring Tbk ISX:DGIK
77 GF Score
Price Rp128.00
GF Value Rp169.47
Valuation Modestly Undervalued
! 7 Warning Signs
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What is PT Nusa Konstruksi Enjiniring Tbk Altman Z-Score?

PT Nusa Konstruksi Enjiniring Tbk ISX:DGIK 77 Altman Z-Score is 1.30 as of Jul. 30, 2026, which is 10% above its 10-year median of 1.18. GuruFocus rates ISX:DGIK with a GF Score™ of 77/100 and a GF Value™ of Rp169.47 (Modestly Undervalued). The stock has 7 warning signs investors should review. Among 1,754 Construction companies, PT Nusa Konstruksi Enjiniring Tbk ranks worse than 74.63% 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 1.31 is in distress zone. This implies bankruptcy possibility in the next two years.

PT Nusa Konstruksi Enjiniring Tbk has a Altman Z-Score of 1.30, 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 Nusa Konstruksi Enjiniring Tbk's Altman Z-Score or its related term are showing as below:

ISX:DGIK' s Altman Z-Score Range Over the Past 10 Years
Min: 0.23   Med: 1.18   Max: 2.23
Current: 1.31

During the past 13 years, PT Nusa Konstruksi Enjiniring Tbk's highest Altman Z-Score was 2.23. The lowest was 0.23. And the median was 1.18.


PT Nusa Konstruksi Enjiniring Tbk  (ISX:DGIK) 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 Nusa Konstruksi Enjiniring Tbk Altman Z-Score Related Terms


PT Nusa Konstruksi Enjiniring Tbk Altman Z-Score Historical Data

* Premium members only.

The historical data trend for PT Nusa Konstruksi Enjiniring 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 Nusa Konstruksi Enjiniring Tbk Altman Z-Score Chart

PT Nusa Konstruksi Enjiniring 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 2.19 1.68 1.61 1.19 1.56

PT Nusa Konstruksi Enjiniring 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 1.16 1.39 1.30 1.56 1.29

ISX:DGIK vs PWR, FIX, EME: Altman Z-Score Comparison

For the Engineering & Construction subindustry, PT Nusa Konstruksi Enjiniring 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 Nusa Konstruksi Enjiniring Tbk Altman Z-Score vs Construction Industry

For the Construction industry and Industrials sector, PT Nusa Konstruksi Enjiniring Tbk's Altman Z-Score distribution charts can be found below:

* The bar in red indicates where PT Nusa Konstruksi Enjiniring Tbk's Altman Z-Score falls into.


ISX:DGIK
77GF Score
PT Nusa Konstruksi Enjiniring Tbk ISX:DGIK
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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PT Nusa Konstruksi Enjiniring 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 Nusa Konstruksi Enjiniring 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*0.0966+1.4*-0.0222+3.3*0.0474+0.6*0.7867+1.0*0.5895
=1.30

* 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 Rp1,579,609 Mil.
Total Current Assets was Rp928,787 Mil.
Total Current Liabilities was Rp776,269 Mil.
Retained Earnings was Rp-35,106 Mil.
Pre-Tax Income was 8288.875 + 21347.075 + 5744.519 + 21609.437 = Rp56,990 Mil.
Interest Expense was -4774.522 + -4671.678 + -4746.947 + -3755.861 = Rp-17,949 Mil.
Revenue was 230463.892 + 233508.065 + 205734.622 + 261451.267 = Rp931,158 Mil.
Market Cap (Today) was Rp658,042 Mil.
Total Liabilities was Rp836,470 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
=(928786.963 - 776269.256)/1579609.124
=0.0966

X2=Retained Earnings/Total Assets
=-35106.163/1579609.124
=-0.0222

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(56989.906 - -17949.008)/1579609.124
=0.0474

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=658041.664/836470.135
=0.7867

X5=Revenue/Total Assets
=931157.846/1579609.124
=0.5895

The zones of discrimination were as such:

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

PT Nusa Konstruksi Enjiniring Tbk has a Altman Z-Score of 1.30 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 1.30 mean?
PT Nusa Konstruksi Enjiniring Tbk (ISX:DGIK) has a Altman Z-Score of 1.30 as of Jul. 30, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on PT Nusa Konstruksi Enjiniring Tbk and its competitors. This is 10% above median its historical median of 1.18. Over the past decade, PT Nusa Konstruksi Enjiniring Tbk's Altman Z-Score has ranged from 0.23 to 2.23. According to the industry distribution chart, PT Nusa Konstruksi Enjiniring Tbk ranks #1309 out of 1754 companies in the Construction industry, placing it in the top 74.6%.
Is PT Nusa Konstruksi Enjiniring Tbk's Altman Z-Score too high?
PT Nusa Konstruksi Enjiniring Tbk's current Altman Z-Score of 1.30 is 10% above median its 10-year median of 1.18. Over the past 10 years, this metric has ranged from a low of 0.23 to a high of 2.23. The Construction industry median Altman Z-Score is 2.30. PT Nusa Konstruksi Enjiniring Tbk's value of 1.30 is 43.5% below this industry median. Based on the distribution chart, PT Nusa Konstruksi Enjiniring Tbk ranks #1309 out of 1754 companies in the Construction industry, which is below the industry midpoint. Overall, PT Nusa Konstruksi Enjiniring Tbk has a GF Score™ of 77/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does PT Nusa Konstruksi Enjiniring Tbk's Altman Z-Score compare to PWR and FIX?
According to the Construction industry distribution chart, PT Nusa Konstruksi Enjiniring Tbk ranks #1309 out of 1754 companies for Altman Z-Score. This places PT Nusa Konstruksi Enjiniring Tbk in the lower half of its industry. The industry median Altman Z-Score is 2.30. PT Nusa Konstruksi Enjiniring Tbk's value of 1.30 is 43.5% below this benchmark. Historically, PT Nusa Konstruksi Enjiniring Tbk's own Altman Z-Score has ranged from 0.23 to 2.23 over the past decade. While the company's 10-year median is 1.18 vs. the industry median of 2.30, PT Nusa Konstruksi Enjiniring 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 Nusa Konstruksi Enjiniring Tbk's current Altman Z-Score of 1.30 is 43.5% 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 Nusa Konstruksi Enjiniring 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 Nusa Konstruksi Enjiniring Tbk's current Altman Z-Score is 1.30, which is 10% above median its own 10-year median of 1.18. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Nusa Konstruksi Enjiniring Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Nusa Konstruksi Enjiniring Tbk (ISX:DGIK) is currently considered Modestly Undervalued. The stock's GF Value™ is Rp169.47, compared to a current price of Rp128.00 — trading 24.5% below its estimated fair value. The current Altman Z-Score is 1.30, which is 10% above median its 10-year median of 1.18 and 43.5% below the Construction industry median of 2.30. PT Nusa Konstruksi Enjiniring Tbk's overall GF Score™ is 77/100 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 Nusa Konstruksi Enjiniring Tbk (ISX:DGIK), the current Altman Z-Score is 1.30 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 Nusa Konstruksi Enjiniring Tbk (ISX:DGIK) Overvalued in 2026?

Based on GuruFocus' analysis, PT Nusa Konstruksi Enjiniring Tbk stock appears to be undervalued. The current stock price of Rp128.00 is trading 24.5% below its estimated GF Value™ of Rp169.47. GuruFocus considers PT Nusa Konstruksi Enjiniring Tbk to be Modestly Undervalued.

Key valuation signals for ISX:DGIK:

  • Altman Z-Score: 1.30 (10% above median its 10-year median of 1.18)
  • GF Value™: Rp169.47 vs. price of Rp128.00 (24.5% below fair value)
  • GF Score™: 77/100 with 7 warning signs
  • Industry Position: 43.5% below the Construction median (#1309 of 1754)

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


PT Nusa Konstruksi Enjiniring Tbk Business Description

Address Jalan K.H. Guru Amin No. 18, Tower Office, 20th Floor, ITS Tower Nifarro Park, Jakarta Selatan, Jakarta, IDN, 12510
PT Nusa Konstruksi Enjiniring Tbk is a construction services provider based in Indonesia. Its construction and engineering capabilities cover both civil and building works, such as highways, airports, runways, buildings, irrigation systems, infrastructure projects in mining areas, etc. In addition, the company plays an active role in the development of the energy, property, real estate, transportation, and port sectors as part of its commitment to supporting sustainable national development. Along with its subsidiaries, it operates in the following segments: Construction Services, Real Estate Assets, and Electricity Service. The majority of its revenue is derived from the Construction Services segment.
77GF Score

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

Rp128.00
Price
Rp169.47
GF Value