PT Mark Dynamics Indonesia Tbk (ISX:MARK) Altman Z-Score: 27.74 (As of Jul. 08, 2026) — 128% Above Median


ISX:MARK PT Mark Dynamics Indonesia Tbk ISX:MARK
76 GF Score
Price Rp995.00
GF Value Rp114,913.24
Valuation Significantly Undervalued
! 4 Warning Signs
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What is PT Mark Dynamics Indonesia Tbk Altman Z-Score?

PT Mark Dynamics Indonesia Tbk ISX:MARK +2.58% 76 Altman Z-Score is 27.74 as of Jul. 08, 2026, which is 128% above its 10-year median of 12.17. GuruFocus rates ISX:MARK with a GF Score™ of 76/100 and a GF Value™ of Rp114,913.24 (Significantly Undervalued). The stock has 4 warning signs investors should review. Among 808 Medical Devices & Instruments companies, PT Mark Dynamics Indonesia Tbk ranks better than 95.42% 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 27.62 is strong.

PT Mark Dynamics Indonesia Tbk has a Altman Z-Score of 27.74, 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 Mark Dynamics Indonesia Tbk's Altman Z-Score or its related term are showing as below:

ISX:MARK' s Altman Z-Score Range Over the Past 10 Years
Min: 7.21   Med: 12.17   Max: 29.07
Current: 27.62

During the past 12 years, PT Mark Dynamics Indonesia Tbk's highest Altman Z-Score was 29.07. The lowest was 7.21. And the median was 12.17.


PT Mark Dynamics Indonesia Tbk  (ISX:MARK) 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 Mark Dynamics Indonesia Tbk Altman Z-Score Related Terms


PT Mark Dynamics Indonesia Tbk Altman Z-Score Historical Data

* Premium members only.

The historical data trend for PT Mark Dynamics Indonesia 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 Mark Dynamics Indonesia Tbk Altman Z-Score Chart

PT Mark Dynamics Indonesia 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 11.19 12.62 15.24 29.07 19.13

PT Mark Dynamics Indonesia 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 27.00 17.58 17.18 19.13 22.28

ISX:MARK vs ISRG, BDX, MDLN: Altman Z-Score Comparison

For the Medical Instruments & Supplies subindustry, PT Mark Dynamics Indonesia 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 Mark Dynamics Indonesia Tbk Altman Z-Score vs Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, PT Mark Dynamics Indonesia Tbk's Altman Z-Score distribution charts can be found below:

* The bar in red indicates where PT Mark Dynamics Indonesia Tbk's Altman Z-Score falls into.


ISX:MARK
76GF Score
PT Mark Dynamics Indonesia Tbk ISX:MARK
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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PT Mark Dynamics Indonesia 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 Mark Dynamics Indonesia 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*0.4357+1.4*0.7687+3.3*0.3528+0.6*40.2641+1.0*0.8202
=27.74

* 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 Rp1,079,114 Mil.
Total Current Assets was Rp552,203 Mil.
Total Current Liabilities was Rp82,019 Mil.
Retained Earnings was Rp829,537 Mil.
Pre-Tax Income was 106972.765 + 100408.46 + 95082.332 + 76876.389 = Rp379,340 Mil.
Interest Expense was -165.61 + -229.206 + -669.393 + -268.291 = Rp-1,333 Mil.
Revenue was 250837.666 + 242633.941 + 213871.52 + 177774.225 = Rp885,117 Mil.
Market Cap (Today) was Rp3,781,000 Mil.
Total Liabilities was Rp93,905 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
=(552203.416 - 82018.736)/1079114.207
=0.4357

X2=Retained Earnings/Total Assets
=829536.525/1079114.207
=0.7687

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(379339.946 - -1332.5)/1079114.207
=0.3528

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=3781000.308/93904.901
=40.2641

X5=Revenue/Total Assets
=885117.352/1079114.207
=0.8202

The zones of discrimination were as such:

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

PT Mark Dynamics Indonesia Tbk has a Altman Z-Score of 27.74 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 27.74 mean?
PT Mark Dynamics Indonesia Tbk (ISX:MARK) has a Altman Z-Score of 27.74 as of Jul. 08, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on PT Mark Dynamics Indonesia Tbk and its competitors. This is 128% above median its historical median of 12.17. Over the past decade, PT Mark Dynamics Indonesia Tbk's Altman Z-Score has ranged from 7.21 to 29.07. According to the industry distribution chart, PT Mark Dynamics Indonesia Tbk ranks #37 out of 808 companies in the Medical Devices & Instruments industry, placing it in the top 4.6%.
Is PT Mark Dynamics Indonesia Tbk's Altman Z-Score too high?
PT Mark Dynamics Indonesia Tbk's current Altman Z-Score of 27.74 is 128% above median its 10-year median of 12.17. Over the past 10 years, this metric has ranged from a low of 7.21 to a high of 29.07. The Medical Devices & Instruments industry median Altman Z-Score is 3.00. PT Mark Dynamics Indonesia Tbk's value of 27.74 is 826.2% above this industry median. Based on the distribution chart, PT Mark Dynamics Indonesia Tbk ranks #37 out of 808 companies in the Medical Devices & Instruments industry, which is in the top quartile — a strong position relative to peers. Overall, PT Mark Dynamics Indonesia Tbk has a GF Score™ of 76/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does PT Mark Dynamics Indonesia Tbk's Altman Z-Score compare to ISRG and BDX?
According to the Medical Devices & Instruments industry distribution chart, PT Mark Dynamics Indonesia Tbk ranks #37 out of 808 companies for Altman Z-Score. This places PT Mark Dynamics Indonesia Tbk in the top 5% of its industry — outperforming the majority of peers. The industry median Altman Z-Score is 3.00. PT Mark Dynamics Indonesia Tbk's value of 27.74 is 826.2% above this benchmark. Historically, PT Mark Dynamics Indonesia Tbk's own Altman Z-Score has ranged from 7.21 to 29.07 over the past decade. While the company's 10-year median is 12.17 vs. the industry median of 3.00, PT Mark Dynamics Indonesia 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 Medical Devices & Instruments company?
The median Altman Z-Score among Medical Devices & Instruments companies is 3.00, based on 808 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 Mark Dynamics Indonesia Tbk's current Altman Z-Score of 27.74 is 826.2% 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 Mark Dynamics Indonesia Tbk and its competitors. For the Medical Devices & Instruments industry, the median Altman Z-Score is 3.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT Mark Dynamics Indonesia Tbk's current Altman Z-Score is 27.74, which is 128% above median its own 10-year median of 12.17. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Mark Dynamics Indonesia Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Mark Dynamics Indonesia Tbk (ISX:MARK) is currently considered Significantly Undervalued. The stock's GF Value™ is Rp114,913.24, compared to a current price of Rp995.00 — trading 99.1% below its estimated fair value. The current Altman Z-Score is 27.74, which is 128% above median its 10-year median of 12.17 and 826.2% above the Medical Devices & Instruments industry median of 3.00. PT Mark Dynamics Indonesia Tbk's overall GF Score™ is 76/100 with 4 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 Mark Dynamics Indonesia Tbk (ISX:MARK), the current Altman Z-Score is 27.74 as of Jul. 08, 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 Mark Dynamics Indonesia Tbk (ISX:MARK) Overvalued in 2026?

Based on GuruFocus' analysis, PT Mark Dynamics Indonesia Tbk stock appears to be undervalued. The current stock price of Rp995.00 is trading 99.1% below its estimated GF Value™ of Rp114,913.24. GuruFocus considers PT Mark Dynamics Indonesia Tbk to be Significantly Undervalued.

Key valuation signals for ISX:MARK:

  • Altman Z-Score: 27.74 (128% above median its 10-year median of 12.17)
  • GF Value™: Rp114,913.24 vs. price of Rp995.00 (99.1% below fair value)
  • GF Score™: 76/100 with 4 warning signs
  • Industry Position: 826.2% above the Medical Devices & Instruments median (#37 of 808)

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


PT Mark Dynamics Indonesia Tbk Business Description

Address Jalan Raya Medan Lubuk Pakam Highway Km. 19,5, Jalan Pelita Barat No. 2, Deli Serdang, Kawasan Insdustri Medan Star, Tanjung Morawa, North Sumatera, Medan, IDN, 20362
PT Mark Dynamics Indonesia Tbk is a company engaged in the manufacturing industry of ceramic-based hand formers. The company's products include examination formers, surgical formers, household formers, custom-made formers, and industrial formers for export purposes. The products of the company are mainly exported to nitrile and latex glove manufacturers in Malaysia, Thailand, China, and the United States. The company also distributes its products in Indonesia. The company generates the majority of its revenue from the sale of Glove Mould.
76GF Score

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

Rp995.00
Price
Rp114,913.24
GF Value