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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 0.53 is in distress zone. This implies bankruptcy possibility in the next two years.
PT Gozco Plantations Tbk has a Altman Z-Score of 0.54, 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 Gozco Plantations Tbk's Altman Z-Score or its related term are showing as below:
ISX:GZCO'
s Altman Z-Score Range Over the Past 10 Years
Min: -1.68 Med: -0.17 Max: 0.98
Current: 0.53
During the past 13 years, PT Gozco Plantations Tbk's highest Altman Z-Score was 0.98. The lowest was -1.68. And the median was -0.17.
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:GZCO vs ADM, BG, TSN: Altman Z-Score Comparison
For the Farm Products subindustry, PT Gozco Plantations 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 Gozco Plantations Tbk Altman Z-Score vs Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, PT Gozco Plantations Tbk's Altman Z-Score distribution charts can be found below:
* The bar in red indicates where PT Gozco Plantations 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 Gozco Plantations Tbk (ISX:GZCO) has a Altman Z-Score of 0.54 as of Jul. 30, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on PT Gozco Plantations Tbk and its competitors. According to the industry distribution chart, PT Gozco Plantations Tbk ranks #1727 out of 1931 companies in the Consumer Packaged Goods industry, placing it in the top 89.4%.
Is PT Gozco Plantations Tbk's Altman Z-Score too high?
PT Gozco Plantations Tbk's current Altman Z-Score is 0.54. The Consumer Packaged Goods industry median Altman Z-Score is 2.85. PT Gozco Plantations Tbk's value of 0.54 is 81.1% below this industry median. Based on the distribution chart, PT Gozco Plantations Tbk ranks #1727 out of 1931 companies in the Consumer Packaged Goods industry, which is in the bottom quartile relative to peers. Overall, PT Gozco Plantations Tbk has a GF Score™ of 65/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does PT Gozco Plantations Tbk's Altman Z-Score compare to ADM and BG?
According to the Consumer Packaged Goods industry distribution chart, PT Gozco Plantations Tbk ranks #1727 out of 1931 companies for Altman Z-Score. This places PT Gozco Plantations Tbk in the lower half of its industry. The industry median Altman Z-Score is 2.85. PT Gozco Plantations Tbk's value of 0.54 is 81.1% below this benchmark. 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 2.85, 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 Gozco Plantations Tbk's current Altman Z-Score of 0.54 is 81.1% 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 Gozco Plantations Tbk and its competitors. For the Consumer Packaged Goods industry, the median Altman Z-Score is 2.85 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT Gozco Plantations Tbk's current Altman Z-Score is 0.54. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Gozco Plantations Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Gozco Plantations Tbk (ISX:GZCO) is currently considered Modestly Overvalued. The stock's GF Value™ is Rp121.32, compared to a current price of Rp155.00 — trading 27.8% above its estimated fair value. The current Altman Z-Score is 0.54 and 81.1% below the Consumer Packaged Goods industry median of 2.85. PT Gozco Plantations Tbk's overall GF Score™ is 65/100 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 Gozco Plantations Tbk (ISX:GZCO), the current Altman Z-Score is 0.54 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 Gozco Plantations Tbk (ISX:GZCO) Overvalued in 2026?
Based on GuruFocus' analysis, PT Gozco Plantations Tbk stock appears to be overvalued.
The current stock price of Rp155.00 is trading 27.8% above its estimated GF Value™ of Rp121.32.
GuruFocus considers PT Gozco Plantations Tbk to be Modestly Overvalued.
Key valuation signals for ISX:GZCO:
Altman Z-Score: 0.54
GF Value™: Rp121.32 vs. price of Rp155.00 (27.8% above fair value)
Industry Position: 81.1% below the Consumer Packaged Goods median (#1727 of 1931)
No single metric tells the full story. See the ISX:GZCO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
PT Gozco Plantations Tbk is an Indonesia-based company engaged in developing and operating palm oil plantations, trading, and processing crude palm oil and palm kernel. It generates the majority of its revenue from Crude Palm Oil sales. It also produces fresh fruit bunches. The organization only caters to the Indonesian market.
65GF Score
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