PT ERA Media Sejahtera TBK (ISX:DOOH) Altman Z-Score: 11.66 (As of Jul. 05, 2026) — 10% Below Median


ISX:DOOH PT ERA Media Sejahtera TBK ISX:DOOH
60 GF Score
Price Rp116.00
GF Value Rp146.04
Valuation Modestly Undervalued
! 1 Warning Sign
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What is PT ERA Media Sejahtera TBK Altman Z-Score?

PT ERA Media Sejahtera TBK ISX:DOOH +0.87% 60 Altman Z-Score is 11.66 as of Jul. 05, 2026, which is 10% below its 10-year median of 12.90. GuruFocus rates ISX:DOOH with a GF Score™ of 60/100 and a GF Value™ of Rp146.04 (Modestly Undervalued). The stock has 1 warning sign investors should review. Among 1,013 Media - Diversified companies, PT ERA Media Sejahtera TBK ranks better than 95.26% 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 11.66 is strong.

PT ERA Media Sejahtera TBK has a Altman Z-Score of 11.66, 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 ERA Media Sejahtera TBK's Altman Z-Score or its related term are showing as below:

ISX:DOOH' s Altman Z-Score Range Over the Past 10 Years
Min: 6.16   Med: 12.9   Max: 26.19
Current: 11.66

During the past 5 years, PT ERA Media Sejahtera TBK's highest Altman Z-Score was 26.19. The lowest was 6.16. And the median was 12.90.


PT ERA Media Sejahtera TBK  (ISX:DOOH) 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 ERA Media Sejahtera TBK Altman Z-Score Related Terms


PT ERA Media Sejahtera TBK Altman Z-Score Historical Data

* Premium members only.

The historical data trend for PT ERA Media Sejahtera 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 ERA Media Sejahtera TBK Altman Z-Score Chart

PT ERA Media Sejahtera TBK Annual Data
Trend Dec21 Dec22 Dec23 Dec24 Dec25
Altman Z-Score
0.00 0.00 23.53 6.16 15.07

PT ERA Media Sejahtera TBK Quarterly Data
Dec21 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 7.73 6.74 9.62 15.07 11.66

ISX:DOOH vs APP, OMC, TTD: Altman Z-Score Comparison

For the Advertising Agencies subindustry, PT ERA Media Sejahtera 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 ERA Media Sejahtera TBK Altman Z-Score vs Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, PT ERA Media Sejahtera TBK's Altman Z-Score distribution charts can be found below:

* The bar in red indicates where PT ERA Media Sejahtera TBK's Altman Z-Score falls into.


ISX:DOOH
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PT ERA Media Sejahtera TBK ISX:DOOH
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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PT ERA Media Sejahtera 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 ERA Media Sejahtera 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*0.7653+1.4*0.1014+3.3*0.0944+0.6*15.9977+1.0*0.6895
=11.66

* 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 Rp311,170 Mil.
Total Current Assets was Rp269,000 Mil.
Total Current Liabilities was Rp30,851 Mil.
Retained Earnings was Rp31,555 Mil.
Pre-Tax Income was 4974.407 + 15454.179 + 1106.458 + 6208.994 = Rp27,744 Mil.
Interest Expense was -0.556 + -1359.626 + -34.885 + -242.124 = Rp-1,637 Mil.
Revenue was 30746.345 + 91446.371 + 49684.385 + 42663.276 = Rp214,540 Mil.
Market Cap (Today) was Rp897,711 Mil.
Total Liabilities was Rp56,115 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
=(269000.058 - 30851.389)/311169.515
=0.7653

X2=Retained Earnings/Total Assets
=31554.943/311169.515
=0.1014

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(27744.038 - -1637.191)/311169.515
=0.0944

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=897711.360/56115.06
=15.9977

X5=Revenue/Total Assets
=214540.377/311169.515
=0.6895

The zones of discrimination were as such:

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

PT ERA Media Sejahtera TBK has a Altman Z-Score of 11.66 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 11.66 mean?
PT ERA Media Sejahtera TBK (ISX:DOOH) has a Altman Z-Score of 11.66 as of Jul. 05, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on PT ERA Media Sejahtera TBK and its competitors. This is 10% below median its historical median of 12.90. Over the past decade, PT ERA Media Sejahtera TBK's Altman Z-Score has ranged from 6.16 to 26.19. According to the industry distribution chart, PT ERA Media Sejahtera TBK ranks #48 out of 1013 companies in the Media - Diversified industry, placing it in the top 4.7%.
Is PT ERA Media Sejahtera TBK's Altman Z-Score too high?
PT ERA Media Sejahtera TBK's current Altman Z-Score of 11.66 is 10% below median its 10-year median of 12.90. Over the past 10 years, this metric has ranged from a low of 6.16 to a high of 26.19. The Media - Diversified industry median Altman Z-Score is 1.97. PT ERA Media Sejahtera TBK's value of 11.66 is 491.9% above this industry median. Based on the distribution chart, PT ERA Media Sejahtera TBK ranks #48 out of 1013 companies in the Media - Diversified industry, which is in the top quartile — a strong position relative to peers. Overall, PT ERA Media Sejahtera TBK has a GF Score™ of 60/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does PT ERA Media Sejahtera TBK's Altman Z-Score compare to APP and OMC?
According to the Media - Diversified industry distribution chart, PT ERA Media Sejahtera TBK ranks #48 out of 1013 companies for Altman Z-Score. This places PT ERA Media Sejahtera TBK in the top 5% of its industry — outperforming the majority of peers. The industry median Altman Z-Score is 1.97. PT ERA Media Sejahtera TBK's value of 11.66 is 491.9% above this benchmark. Historically, PT ERA Media Sejahtera TBK's own Altman Z-Score has ranged from 6.16 to 26.19 over the past decade. While the company's 10-year median is 12.90 vs. the industry median of 1.97, PT ERA Media Sejahtera 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 Media - Diversified company?
The median Altman Z-Score among Media - Diversified companies is 1.97, based on 1,013 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 ERA Media Sejahtera TBK's current Altman Z-Score of 11.66 is 491.9% 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 ERA Media Sejahtera TBK and its competitors. For the Media - Diversified industry, the median Altman Z-Score is 1.97 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT ERA Media Sejahtera TBK's current Altman Z-Score is 11.66, which is 10% below median its own 10-year median of 12.90. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT ERA Media Sejahtera TBK stock overvalued right now?
Based on GuruFocus' analysis, PT ERA Media Sejahtera TBK (ISX:DOOH) is currently considered Modestly Undervalued. The stock's GF Value™ is Rp146.04, compared to a current price of Rp116.00 — trading 20.6% below its estimated fair value. The current Altman Z-Score is 11.66, which is 10% below median its 10-year median of 12.90 and 491.9% above the Media - Diversified industry median of 1.97. PT ERA Media Sejahtera TBK's overall GF Score™ is 60/100 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 ERA Media Sejahtera TBK (ISX:DOOH), the current Altman Z-Score is 11.66 as of Jul. 05, 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 ERA Media Sejahtera TBK (ISX:DOOH) Overvalued in 2026?

Based on GuruFocus' analysis, PT ERA Media Sejahtera TBK stock appears to be undervalued. The current stock price of Rp116.00 is trading 20.6% below its estimated GF Value™ of Rp146.04. GuruFocus considers PT ERA Media Sejahtera TBK to be Modestly Undervalued.

Key valuation signals for ISX:DOOH:

  • Altman Z-Score: 11.66 (10% below median its 10-year median of 12.90)
  • GF Value™: Rp146.04 vs. price of Rp116.00 (20.6% below fair value)
  • GF Score™: 60/100 with 1 warning sign
  • Industry Position: 491.9% above the Media - Diversified median (#48 of 1013)

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


PT ERA Media Sejahtera TBK Business Description

Address Jalan RS Fatmawati, Blok B5, No. 20, Kav. 205, Kantor Fatmawati Mas, Cilandak Barat, Cilandak, Jakarta Selatan, Jakarta, IDN, 12430
PT ERA Media Sejahtera TBK is an Indonesian-based media investment company that provides advertising and management consulting services. Its advertising business involves OOH (Out of Home) advertising services through various forms of media such as billboards, videotrons, digital totems, and LED pylons placed in public places; DOOH (Digital Out-of-Home) advertising services which involves displaying advertisements in public places such as highways, train stations, airports, shopping centers and office buildings using digital screens or LED displays; Mobile app ads; and organizing marketing events and exhibitions for its clients. The company's reportable business segments are Advertising, which generates the maximum revenue, Consulting, Event & Exhibition, and Merchandise.
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Rp116.00
Price
Rp146.04
GF Value