PTnurhasta Mitra Tbk (ISX:MINA) Altman Z-Score: 512.59 (As of Jul. 03, 2026) — 1125% Above Median


ISX:MINA PT Sanurhasta Mitra Tbk ISX:MINA
52 GF Score
Price Rp258.00
GF Value Rp29.32
Valuation Significantly Overvalued
! 2 Warning Signs
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What is PTnurhasta Mitra Tbk Altman Z-Score?

PTnurhasta Mitra Tbk ISX:MINA -2.27% 52 Altman Z-Score is 512.59 as of Jul. 03, 2026, which is 1125% above its 10-year median of 41.86. GuruFocus rates ISX:MINA with a GF Score™ of 52/100 and a GF Value™ of Rp29.32 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 837 Travel & Leisure companies, PTnurhasta Mitra Tbk ranks better than 99.88% 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 532.44 is strong.

PTnurhasta Mitra Tbk has a Altman Z-Score of 512.59, 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 PTnurhasta Mitra Tbk's Altman Z-Score or its related term are showing as below:

ISX:MINA' s Altman Z-Score Range Over the Past 10 Years
Min: 0.07   Med: 41.86   Max: 1644.17
Current: 532.44

During the past 13 years, PTnurhasta Mitra Tbk's highest Altman Z-Score was 1644.17. The lowest was 0.07. And the median was 41.86.


PTnurhasta Mitra Tbk  (ISX:MINA) 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.


PTnurhasta Mitra Tbk Altman Z-Score Related Terms


PTnurhasta Mitra Tbk Altman Z-Score Historical Data

* Premium members only.

The historical data trend for PTnurhasta Mitra 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.

PTnurhasta Mitra Tbk Altman Z-Score Chart

PTnurhasta Mitra 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 28.48 41.86 22.49 18.30 183.57

PTnurhasta Mitra 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 40.55 24.29 77.02 183.57 484.82

ISX:MINA vs MAR, HLT, H: Altman Z-Score Comparison

For the Lodging subindustry, PTnurhasta Mitra 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.


PTnurhasta Mitra Tbk Altman Z-Score vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, PTnurhasta Mitra Tbk's Altman Z-Score distribution charts can be found below:

* The bar in red indicates where PTnurhasta Mitra Tbk's Altman Z-Score falls into.


ISX:MINA
52GF Score
PT Sanurhasta Mitra Tbk ISX:MINA
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

PTnurhasta Mitra 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.

PTnurhasta Mitra 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*0.6955+1.4*-0.1481+3.3*0.0001+0.6*853.2162+1.0*0.0375
=512.59

* 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 Rp253,275 Mil.
Total Current Assets was Rp177,458 Mil.
Total Current Liabilities was Rp1,297 Mil.
Retained Earnings was Rp-37,515 Mil.
Pre-Tax Income was -74.675 + 1782.8 + -1889.985 + -532.716 = Rp-715 Mil.
Interest Expense was -320.603 + -306.464 + -107.345 + -0.771 = Rp-735 Mil.
Revenue was 1873.401 + 1537.153 + 3617.388 + 2480.134 = Rp9,508 Mil.
Market Cap (Today) was Rp2,539,688 Mil.
Total Liabilities was Rp2,977 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
=(177457.511 - 1297.13)/253274.628
=0.6955

X2=Retained Earnings/Total Assets
=-37515.123/253274.628
=-0.1481

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(-714.576 - -735.183)/253274.628
=0.0001

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=2539687.500/2976.605
=853.2162

X5=Revenue/Total Assets
=9508.076/253274.628
=0.0375

The zones of discrimination were as such:

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

PTnurhasta Mitra Tbk has a Altman Z-Score of 512.59 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 512.59 mean?
PTnurhasta Mitra Tbk (ISX:MINA) has a Altman Z-Score of 512.59 as of Jul. 03, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on PTnurhasta Mitra Tbk and its competitors. This is 1125% above median its historical median of 41.86. Over the past decade, PTnurhasta Mitra Tbk's Altman Z-Score has ranged from 0.07 to 1,644.17. According to the industry distribution chart, PTnurhasta Mitra Tbk ranks #1 out of 837 companies in the Travel & Leisure industry, placing it in the top 0.099999999999994%.
Is PTnurhasta Mitra Tbk's Altman Z-Score too high?
PTnurhasta Mitra Tbk's current Altman Z-Score of 512.59 is 1125% above median its 10-year median of 41.86. Over the past 10 years, this metric has ranged from a low of 0.07 to a high of 1,644.17. The Travel & Leisure industry median Altman Z-Score is 1.97. PTnurhasta Mitra Tbk's value of 512.59 is 25919.8% above this industry median. Based on the distribution chart, PTnurhasta Mitra Tbk ranks #1 out of 837 companies in the Travel & Leisure industry, which is in the top quartile — a strong position relative to peers. Overall, PTnurhasta Mitra Tbk has a GF Score™ of 52/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does PTnurhasta Mitra Tbk's Altman Z-Score compare to MAR and HLT?
According to the Travel & Leisure industry distribution chart, PTnurhasta Mitra Tbk ranks #1 out of 837 companies for Altman Z-Score. This places PTnurhasta Mitra Tbk in the top 0% of its industry — outperforming the majority of peers. The industry median Altman Z-Score is 1.97. PTnurhasta Mitra Tbk's value of 512.59 is 25919.8% above this benchmark. Historically, PTnurhasta Mitra Tbk's own Altman Z-Score has ranged from 0.07 to 1,644.17 over the past decade. While the company's 10-year median is 41.86 vs. the industry median of 1.97, PTnurhasta Mitra 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 Travel & Leisure company?
The median Altman Z-Score among Travel & Leisure companies is 1.97, based on 837 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. PTnurhasta Mitra Tbk's current Altman Z-Score of 512.59 is 25919.8% 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 PTnurhasta Mitra Tbk and its competitors. For the Travel & Leisure 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. PTnurhasta Mitra Tbk's current Altman Z-Score is 512.59, which is 1125% above median its own 10-year median of 41.86. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PTnurhasta Mitra Tbk stock overvalued right now?
Based on GuruFocus' analysis, PTnurhasta Mitra Tbk (ISX:MINA) is currently considered Significantly Overvalued. The stock's GF Value™ is Rp29.32, compared to a current price of Rp258.00 — trading 779.9% above its estimated fair value. The current Altman Z-Score is 512.59, which is 1125% above median its 10-year median of 41.86 and 25919.8% above the Travel & Leisure industry median of 1.97. PTnurhasta Mitra Tbk's overall GF Score™ is 52/100 with 2 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 PTnurhasta Mitra Tbk (ISX:MINA), the current Altman Z-Score is 512.59 as of Jul. 03, 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 PTnurhasta Mitra Tbk (ISX:MINA) Overvalued in 2026?

Based on GuruFocus' analysis, PTnurhasta Mitra Tbk stock appears to be overvalued. The current stock price of Rp258.00 is trading 779.9% above its estimated GF Value™ of Rp29.32. GuruFocus considers PTnurhasta Mitra Tbk to be Significantly Overvalued.

Key valuation signals for ISX:MINA:

  • Altman Z-Score: 512.59 (1125% above median its 10-year median of 41.86)
  • GF Value™: Rp29.32 vs. price of Rp258.00 (779.9% above fair value)
  • GF Score™: 52/100 with 2 warning signs
  • Industry Position: 25919.8% above the Travel & Leisure median (#1 of 837)

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


PTnurhasta Mitra Tbk Business Description

Address Jalan. Jend. Sudirman Kav 52-53, Equity Tower, Lantai 11th Unit, Unit D, Sudirman Central Business District Lot 9, Jakarta, IDN, 12190
PT Sanurhasta Mitra Tbk is an Indonesia-based company engaged in the development of property and hotels. The main business activity of the company involves the development and management of resorts. The company is segmented into cottages and real estate, out of which the company earns the majority of its revenue from cottages. The company offers services through a villa, the Santai, which provides services such as return airport transfers, shuttle service to Seminyak, in-villa spa treatments, private guided tours, bicycles, and many more.
52GF Score

Get the complete analysis for ISX:MINA

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

Rp258.00
Price
Rp29.32
GF Value