PT Lautan Luas TbkISX:LTLS -1.27%67 Altman Z-Score is 2.21 as of Jun. 29, 2026, which is 19% above its 10-year median of 1.85. GuruFocus rates ISX:LTLS with a GF Score™ of 67/100 and a GF Value™ of Rp1,215.44 (Significantly Undervalued). The stock has 5 warning signs investors should review. Among 1,568 Chemicals companies, PT Lautan Luas Tbk ranks worse than 67.03% 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 2.21 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 Lautan Luas Tbk has a Altman Z-Score of 2.21, indicating it is in Grey Zones. This implies that PT Lautan Luas 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 Lautan Luas Tbk's Altman Z-Score or its related term are showing as below:
ISX:LTLS'
s Altman Z-Score Range Over the Past 10 Years
Min: 1.34 Med: 1.85 Max: 2.62
Current: 2.21
During the past 13 years, PT Lautan Luas Tbk's highest Altman Z-Score was 2.62. The lowest was 1.34. And the median was 1.85.
PT Lautan Luas Tbk (ISX:LTLS) 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.
Altman Z-Score does not apply to financial companies.
PT Lautan Luas Tbk Altman Z-Score Related Terms
PT Lautan Luas Tbk Altman Z-Score Historical Data
* Premium members only.
The historical data trend for PT Lautan Luas 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.
ISX:LTLS vs LIN, SHW, ECL: Altman Z-Score Comparison
For the Specialty Chemicals subindustry, PT Lautan Luas 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 Lautan Luas Tbk Altman Z-Score vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, PT Lautan Luas Tbk's Altman Z-Score distribution charts can be found below:
* The bar in red indicates where PT Lautan Luas 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.
PT Lautan Luas 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
*
0.0818
+
1.4
*
0.3236
+
3.3
*
0.0539
+
0.6
*
0.3233
+
1.0
*
1.2826
=
2.21
* 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 Lautan Luas Tbk (ISX:LTLS) has a Altman Z-Score of 2.21 as of Jun. 29, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on PT Lautan Luas Tbk and its competitors. This is 19% above median its historical median of 1.85. Over the past decade, PT Lautan Luas Tbk's Altman Z-Score has ranged from 1.34 to 2.62. According to the industry distribution chart, PT Lautan Luas Tbk ranks #1051 out of 1568 companies in the Chemicals industry, placing it in the top 67%.
Is PT Lautan Luas Tbk's Altman Z-Score too high?
PT Lautan Luas Tbk's current Altman Z-Score of 2.21 is 19% above median its 10-year median of 1.85. Over the past 10 years, this metric has ranged from a low of 1.34 to a high of 2.62. The Chemicals industry median Altman Z-Score is 3.13. PT Lautan Luas Tbk's value of 2.21 is 29.3% below this industry median. Based on the distribution chart, PT Lautan Luas Tbk ranks #1051 out of 1568 companies in the Chemicals industry, which is below the industry midpoint. Overall, PT Lautan Luas Tbk has a GF Score™ of 67/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does PT Lautan Luas Tbk's Altman Z-Score compare to LIN and SHW?
According to the Chemicals industry distribution chart, PT Lautan Luas Tbk ranks #1051 out of 1568 companies for Altman Z-Score. This places PT Lautan Luas Tbk in the lower half of its industry. The industry median Altman Z-Score is 3.13. PT Lautan Luas Tbk's value of 2.21 is 29.3% below this benchmark. Historically, PT Lautan Luas Tbk's own Altman Z-Score has ranged from 1.34 to 2.62 over the past decade. While the company's 10-year median is 1.85 vs. the industry median of 3.13, PT Lautan Luas 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 Chemicals company?
The median Altman Z-Score among Chemicals companies is 3.13, based on 1,568 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 Lautan Luas Tbk's current Altman Z-Score of 2.21 is 29.3% 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 Lautan Luas Tbk and its competitors. For the Chemicals industry, the median Altman Z-Score is 3.13 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT Lautan Luas Tbk's current Altman Z-Score is 2.21, which is 19% above median its own 10-year median of 1.85. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Lautan Luas Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Lautan Luas Tbk (ISX:LTLS) is currently considered Significantly Undervalued. The stock's GF Value™ is Rp1,215.44, compared to a current price of Rp780.00 — trading 35.8% below its estimated fair value. The current Altman Z-Score is 2.21, which is 19% above median its 10-year median of 1.85 and 29.3% below the Chemicals industry median of 3.13. PT Lautan Luas Tbk's overall GF Score™ is 67/100 with 5 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 Lautan Luas Tbk (ISX:LTLS), the current Altman Z-Score is 2.21 as of Jun. 29, 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 Lautan Luas Tbk (ISX:LTLS) Overvalued in 2026?
Based on GuruFocus' analysis, PT Lautan Luas Tbk stock appears to be undervalued.
The current stock price of Rp780.00 is trading 35.8% below its estimated GF Value™ of Rp1,215.44.
GuruFocus considers PT Lautan Luas Tbk to be Significantly Undervalued.
Key valuation signals for ISX:LTLS:
Altman Z-Score: 2.21 (19% above median its 10-year median of 1.85)
GF Value™: Rp1,215.44 vs. price of Rp780.00 (35.8% below fair value)
Industry Position: 29.3% below the Chemicals median (#1051 of 1568)
No single metric tells the full story. See the ISX:LTLS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
PT Lautan Luas Tbk deals in the manufacturing and distribution of basic and specialty chemicals. It provides services and solutions for corporate customers as well as offers logistics and supply chain, water treatment, and information technology solutions. The company operates in three business segments: Distribution, Manufacturing, and Services. The Distribution segment offers a variety of services and solutions to industries, which also contribute to a portion of the company's revenue. The Manufacturing segment consists of the production of chemicals and other products from its multiple manufacturing facilities located in Indonesia. Finally, the Services segment includes logistics and supply chain businesses. It derives maximum revenue from Distribution segment.
67GF Score
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