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 0.96 is in distress zone. This implies bankruptcy possibility in the next two years.
PT Perusahaan Terbatas Pollux Hotels Group Tbk has a Altman Z-Score of 0.97, 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.
PT Perusahaan Terbatas Pollux Hotels Group Tbk (ISX:POLI) 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.
* 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 Perusahaan Terbatas Pollux Hotels Group Tbk Altman Z-Score Chart
PT Perusahaan Terbatas Pollux Hotels Group Tbk Annual Data
PT Perusahaan Terbatas Pollux Hotels Group Tbk Altman Z-Score Competitor Comparison
For the Real Estate - Development subindustry, PT Perusahaan Terbatas Pollux Hotels Group 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 Perusahaan Terbatas Pollux Hotels Group Tbk Altman Z-Score vs Real Estate Industry
PT Perusahaan Terbatas Pollux Hotels Group 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.
* 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 Perusahaan Terbatas Pollux Hotels Group Tbk (ISX:POLI) has a Altman Z-Score of 0.97 as of Jul. 01, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on PT Perusahaan Terbatas Pollux Hotels Group Tbk and its competitors. This is 38% below median its historical median of 1.57. Over the past decade, PT Perusahaan Terbatas Pollux Hotels Group Tbk's Altman Z-Score has ranged from 0.78 to 3.13. According to the industry distribution chart, PT Perusahaan Terbatas Pollux Hotels Group Tbk ranks #1080 out of 1731 companies in the Real Estate industry, placing it in the top 62.4%.
Is PT Perusahaan Terbatas Pollux Hotels Group Tbk's Altman Z-Score too high?
PT Perusahaan Terbatas Pollux Hotels Group Tbk's current Altman Z-Score of 0.97 is 38% below median its 10-year median of 1.57. Over the past 10 years, this metric has ranged from a low of 0.78 to a high of 3.13. The Real Estate industry median Altman Z-Score is 1.30. PT Perusahaan Terbatas Pollux Hotels Group Tbk's value of 0.97 is 25.4% below this industry median. Based on the distribution chart, PT Perusahaan Terbatas Pollux Hotels Group Tbk ranks #1080 out of 1731 companies in the Real Estate industry, which is below the industry midpoint. Overall, PT Perusahaan Terbatas Pollux Hotels Group Tbk has a GF Score™ of 87/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does PT Perusahaan Terbatas Pollux Hotels Group Tbk's Altman Z-Score compare to competitors?
According to the Real Estate industry distribution chart, PT Perusahaan Terbatas Pollux Hotels Group Tbk ranks #1080 out of 1731 companies for Altman Z-Score. This places PT Perusahaan Terbatas Pollux Hotels Group Tbk in the lower half of its industry. The industry median Altman Z-Score is 1.30. PT Perusahaan Terbatas Pollux Hotels Group Tbk's value of 0.97 is 25.4% below this benchmark. Historically, PT Perusahaan Terbatas Pollux Hotels Group Tbk's own Altman Z-Score has ranged from 0.78 to 3.13 over the past decade. While the company's 10-year median is 1.57 vs. the industry median of 1.30, PT Perusahaan Terbatas Pollux Hotels Group 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 Real Estate company?
The median Altman Z-Score among Real Estate companies is 1.30, based on 1,731 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 Perusahaan Terbatas Pollux Hotels Group Tbk's current Altman Z-Score of 0.97 is 25.4% 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 Perusahaan Terbatas Pollux Hotels Group Tbk and its competitors. For the Real Estate industry, the median Altman Z-Score is 1.30 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT Perusahaan Terbatas Pollux Hotels Group Tbk's current Altman Z-Score is 0.97, which is 38% below median its own 10-year median of 1.57. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Perusahaan Terbatas Pollux Hotels Group Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Perusahaan Terbatas Pollux Hotels Group Tbk (ISX:POLI) is currently considered Possible Value Trap. The stock's GF Value™ is Rp1,234.86, compared to a current price of Rp670.00 — trading 45.7% below its estimated fair value. The current Altman Z-Score is 0.97, which is 38% below median its 10-year median of 1.57 and 25.4% below the Real Estate industry median of 1.30. PT Perusahaan Terbatas Pollux Hotels Group Tbk's overall GF Score™ is 87/100 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 Perusahaan Terbatas Pollux Hotels Group Tbk (ISX:POLI), the current Altman Z-Score is 0.97 as of Jul. 01, 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 Perusahaan Terbatas Pollux Hotels Group Tbk (ISX:POLI) Overvalued in 2026?
Based on GuruFocus' analysis, PT Perusahaan Terbatas Pollux Hotels Group Tbk stock appears to be undervalued.
The current stock price of Rp670.00 is trading 45.7% below its estimated GF Value™ of Rp1,234.86.
GuruFocus considers PT Perusahaan Terbatas Pollux Hotels Group Tbk to be Possible Value Trap.
Key valuation signals for ISX:POLI:
Altman Z-Score: 0.97 (38% below median its 10-year median of 1.57)
GF Value™: Rp1,234.86 vs. price of Rp670.00 (45.7% below fair value)
Industry Position: 25.4% below the Real Estate median (#1080 of 1731)
No single metric tells the full story. See the ISX:POLI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
PT Perusahaan Terbatas Pollux Hotels Group Tbk Business Description
PT Perusahaan Terbatas Pollux Hotels Group Tbk is engaged in the real estate sector. The company has 11 operational property assets, namely: Paragon Mall, Central City Mall, Marquis de Lafayette Mall, Po Hotel, Merbabu Hotel, Louis Kienne Hotel Simpang Lima, Louis Kienne Hotel Pandanaran, Louis Kienne Hotel Pemuda, W/R Residence Apartment, The Pinnacle Apartment, and Marquis de Lafayette Apartment. The company's revenue components include shopping centers, hospitality, development, and other revenues. The company generates the majority of its revenue from shopping centers, followed by hospitality. The operating segments of the company include Mall, Developer, Hotel, and Administrator.
87GF Score
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