PT Estee Gold Feet Tbk (ISX:EURO) Altman Z-Score: 426.79 (As of Aug. 17, 2026) — 710% Above Median

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ISX:EURO PT Estee Gold Feet Tbk ISX:EURO
35 GF Score
Price Rp1,735.00
GF Value Rp172.10
Valuation Significantly Overvalued
! 3 Warning Signs
View Full Analysis

What is PT Estee Gold Feet Tbk Altman Z-Score?

PT Estee Gold Feet Tbk ISX:EURO +1.46% 35 Altman Z-Score is 426.79 as of Aug. 17, 2026, which is 710% above its 10-year median of 52.69. GuruFocus rates ISX:EURO with a GF Score™ of 35/100 and a GF Value™ of Rp172.10 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 1,933 Consumer Packaged Goods companies, PT Estee Gold Feet Tbk ranks better than 99.84% 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 426.79 is strong.

PT Estee Gold Feet Tbk has a Altman Z-Score of 426.79, 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 Estee Gold Feet Tbk's Altman Z-Score or its related term are showing as below:

ISX:EURO' s Altman Z-Score Range Over the Past 10 Years
Min: 31.67   Med: 52.69   Max: 426.79
Current: 426.79

During the past 5 years, PT Estee Gold Feet Tbk's highest Altman Z-Score was 426.79. The lowest was 31.67. And the median was 52.69.


PT Estee Gold Feet Tbk  (ISX:EURO) 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 Estee Gold Feet Tbk Altman Z-Score Related Terms


PT Estee Gold Feet Tbk Altman Z-Score Historical Data

* Premium members only.

The historical data trend for PT Estee Gold Feet 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 Estee Gold Feet Tbk Altman Z-Score Chart

PT Estee Gold Feet Tbk Annual Data
Trend Dec21 Dec22 Dec23 Dec24 Dec25
Altman Z-Score
0.00 53.60 51.77 31.67 64.88

PT Estee Gold Feet Tbk Semi-Annual Data
Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25 Jun26
Altman Z-Score Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 31.67 0.00 64.88 0.00

ISX:EURO vs PG, CL, KVUE: Altman Z-Score Comparison

For the Household & Personal Products subindustry, PT Estee Gold Feet 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 Estee Gold Feet Tbk Altman Z-Score vs Consumer Packaged Goods Industry

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

* The bar in red indicates where PT Estee Gold Feet Tbk's Altman Z-Score falls into.


ISX:EURO
35GF Score
PT Estee Gold Feet Tbk ISX:EURO
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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PT Estee Gold Feet 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 Estee Gold Feet 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*0.3889+1.4*0.0374+3.3*0.053+0.6*709.5184+1.0*0.3876
=426.79

* 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 Dec. 2025:
Total Assets was Rp59,234 Mil.
Total Current Assets was Rp25,902 Mil.
Total Current Liabilities was Rp2,867 Mil.
Retained Earnings was Rp2,213 Mil.
Pre-Tax Income was Rp3,142 Mil.
Interest Expense was Rp0 Mil.
Revenue was Rp22,959 Mil.
Market Cap (Today) was Rp4,422,214 Mil.
Total Liabilities was Rp6,233 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
=(25902.058 - 2866.878)/59233.564
=0.3889

X2=Retained Earnings/Total Assets
=2212.958/59233.564
=0.0374

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(3141.557 - 0)/59233.564
=0.053

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=4422213.853/6232.698
=709.5184

X5=Revenue/Total Assets
=22958.676/59233.564
=0.3876

The zones of discrimination were as such:

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

PT Estee Gold Feet Tbk has a Altman Z-Score of 426.79 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 426.79 mean?
PT Estee Gold Feet Tbk (ISX:EURO) has a Altman Z-Score of 426.79 as of Aug. 17, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on PT Estee Gold Feet Tbk and its competitors. This is 710% above median its historical median of 52.69. Over the past decade, PT Estee Gold Feet Tbk's Altman Z-Score has ranged from 31.67 to 426.79. According to the industry distribution chart, PT Estee Gold Feet Tbk ranks #3 out of 1933 companies in the Consumer Packaged Goods industry, placing it in the top 0.2%.
Is PT Estee Gold Feet Tbk's Altman Z-Score too high?
PT Estee Gold Feet Tbk's current Altman Z-Score of 426.79 is 710% above median its 10-year median of 52.69. Over the past 10 years, this metric has ranged from a low of 31.67 to a high of 426.79. The Consumer Packaged Goods industry median Altman Z-Score is 2.91. PT Estee Gold Feet Tbk's value of 426.79 is 14566.3% above this industry median. Based on the distribution chart, PT Estee Gold Feet Tbk ranks #3 out of 1933 companies in the Consumer Packaged Goods industry, which is in the top quartile — a strong position relative to peers. Overall, PT Estee Gold Feet Tbk has a GF Score™ of 35/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does PT Estee Gold Feet Tbk's Altman Z-Score compare to PG and CL?
According to the Consumer Packaged Goods industry distribution chart, PT Estee Gold Feet Tbk ranks #3 out of 1933 companies for Altman Z-Score. This places PT Estee Gold Feet Tbk in the top 0% of its industry — outperforming the majority of peers. The industry median Altman Z-Score is 2.91. PT Estee Gold Feet Tbk's value of 426.79 is 14566.3% above this benchmark. Historically, PT Estee Gold Feet Tbk's own Altman Z-Score has ranged from 31.67 to 426.79 over the past decade. While the company's 10-year median is 52.69 vs. the industry median of 2.91, PT Estee Gold Feet 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 Consumer Packaged Goods company?
The median Altman Z-Score among Consumer Packaged Goods companies is 2.91, based on 1,933 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 Estee Gold Feet Tbk's current Altman Z-Score of 426.79 is 14566.3% 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 Estee Gold Feet Tbk and its competitors. For the Consumer Packaged Goods industry, the median Altman Z-Score is 2.91 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT Estee Gold Feet Tbk's current Altman Z-Score is 426.79, which is 710% above median its own 10-year median of 52.69. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Estee Gold Feet Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Estee Gold Feet Tbk (ISX:EURO) is currently considered Significantly Overvalued. The stock's GF Value™ is Rp172.10, compared to a current price of Rp1,735.00 — trading 908.1% above its estimated fair value. The current Altman Z-Score is 426.79, which is 710% above median its 10-year median of 52.69 and 14566.3% above the Consumer Packaged Goods industry median of 2.91. PT Estee Gold Feet Tbk's overall GF Score™ is 35/100 with 3 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 Estee Gold Feet Tbk (ISX:EURO), the current Altman Z-Score is 426.79 as of Aug. 17, 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 Estee Gold Feet Tbk (ISX:EURO) Overvalued in 2026?

Based on GuruFocus' analysis, PT Estee Gold Feet Tbk stock appears to be overvalued. The current stock price of Rp1,735.00 is trading 908.1% above its estimated GF Value™ of Rp172.10. GuruFocus considers PT Estee Gold Feet Tbk to be Significantly Overvalued.

Key valuation signals for ISX:EURO:

  • Altman Z-Score: 426.79 (710% above median its 10-year median of 52.69)
  • GF Value™: Rp172.10 vs. price of Rp1,735.00 (908.1% above fair value)
  • GF Score™: 35/100 with 3 warning signs
  • Industry Position: 14566.3% above the Consumer Packaged Goods median (#3 of 1933)

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


PT Estee Gold Feet Tbk Business Description

Address Jalan Kapuk II No.2, RT.1/RW.3, Kapuk Muara, Penjaringan, North Jakarta, Jakarta, IDN, 14460
PT Estee Gold Feet Tbk is engaged in the cosmetics industry for humans, including toothpaste, soap and cleaning materials. Additionally, it also provides maklon (production contract) services for Aerosol preparations and liquids for cosmetic products, PKRT (Household Health Supplies) products and auto chemical products. The company's revenue is derived from manufacturing services related to aerosol gas injection.
35GF Score

Get the complete analysis for ISX:EURO

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

Rp1,735.00
Price
Rp172.10
GF Value