PT Red Planet Indonesia TbkISX:PSKT -5.03%42 Altman Z-Score is 21.88 as of Jul. 01, 2026, which is 421% above its 10-year median of 4.20. GuruFocus rates ISX:PSKT with a GF Score™ of 42/100 and a GF Value™ of Rp43.97 (Significantly Overvalued). The stock has 1 warning sign investors should review. Among 839 Travel & Leisure companies, PT Red Planet Indonesia Tbk ranks better than 97.97% 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 21.88 is strong.
PT Red Planet Indonesia Tbk has a Altman Z-Score of 21.88, 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 Red Planet Indonesia Tbk's Altman Z-Score or its related term are showing as below:
ISX:PSKT'
s Altman Z-Score Range Over the Past 10 Years
Min: 1.17 Med: 4.2 Max: 35.32
Current: 21.88
During the past 6 years, PT Red Planet Indonesia Tbk's highest Altman Z-Score was 35.32. The lowest was 1.17. And the median was 4.20.
PT Red Planet Indonesia Tbk (ISX:PSKT) 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.
ISX:PSKT vs MAR, HLT, H: Altman Z-Score Comparison
For the Lodging subindustry, PT Red Planet 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 Red Planet Indonesia Tbk Altman Z-Score vs Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, PT Red Planet Indonesia Tbk's Altman Z-Score distribution charts can be found below:
* The bar in red indicates where PT Red Planet Indonesia Tbk's Altman Z-Score falls into.
PT Red Planet 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.
* 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 Red Planet Indonesia Tbk (ISX:PSKT) has a Altman Z-Score of 21.88 as of Jul. 01, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on PT Red Planet Indonesia Tbk and its competitors. This is 421% above median its historical median of 4.20. Over the past decade, PT Red Planet Indonesia Tbk's Altman Z-Score has ranged from 1.17 to 35.32. According to the industry distribution chart, PT Red Planet Indonesia Tbk ranks #17 out of 839 companies in the Travel & Leisure industry, placing it in the top 2%.
Is PT Red Planet Indonesia Tbk's Altman Z-Score too high?
PT Red Planet Indonesia Tbk's current Altman Z-Score of 21.88 is 421% above median its 10-year median of 4.20. Over the past 10 years, this metric has ranged from a low of 1.17 to a high of 35.32. The Travel & Leisure industry median Altman Z-Score is 1.97. PT Red Planet Indonesia Tbk's value of 21.88 is 1010.7% above this industry median. Based on the distribution chart, PT Red Planet Indonesia Tbk ranks #17 out of 839 companies in the Travel & Leisure industry, which is in the top quartile — a strong position relative to peers. Overall, PT Red Planet Indonesia Tbk has a GF Score™ of 42/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does PT Red Planet Indonesia Tbk's Altman Z-Score compare to MAR and HLT?
According to the Travel & Leisure industry distribution chart, PT Red Planet Indonesia Tbk ranks #17 out of 839 companies for Altman Z-Score. This places PT Red Planet Indonesia Tbk in the top 2% of its industry — outperforming the majority of peers. The industry median Altman Z-Score is 1.97. PT Red Planet Indonesia Tbk's value of 21.88 is 1010.7% above this benchmark. Historically, PT Red Planet Indonesia Tbk's own Altman Z-Score has ranged from 1.17 to 35.32 over the past decade. While the company's 10-year median is 4.20 vs. the industry median of 1.97, PT Red Planet 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 Travel & Leisure company?
The median Altman Z-Score among Travel & Leisure companies is 1.97, based on 839 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 Red Planet Indonesia Tbk's current Altman Z-Score of 21.88 is 1010.7% 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 Red Planet Indonesia 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. PT Red Planet Indonesia Tbk's current Altman Z-Score is 21.88, which is 421% above median its own 10-year median of 4.20. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Red Planet Indonesia Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Red Planet Indonesia Tbk (ISX:PSKT) is currently considered Significantly Overvalued. The stock's GF Value™ is Rp43.97, compared to a current price of Rp170.00 — trading 286.6% above its estimated fair value. The current Altman Z-Score is 21.88, which is 421% above median its 10-year median of 4.20 and 1010.7% above the Travel & Leisure industry median of 1.97. PT Red Planet Indonesia Tbk's overall GF Score™ is 42/100 with 1 warning sign 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 Red Planet Indonesia Tbk (ISX:PSKT), the current Altman Z-Score is 21.88 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 Red Planet Indonesia Tbk (ISX:PSKT) Overvalued in 2026?
Based on GuruFocus' analysis, PT Red Planet Indonesia Tbk stock appears to be overvalued.
The current stock price of Rp170.00 is trading 286.6% above its estimated GF Value™ of Rp43.97.
GuruFocus considers PT Red Planet Indonesia Tbk to be Significantly Overvalued.
Key valuation signals for ISX:PSKT:
Altman Z-Score: 21.88 (421% above median its 10-year median of 4.20)
GF Value™: Rp43.97 vs. price of Rp170.00 (286.6% above fair value)
Industry Position: 1010.7% above the Travel & Leisure median (#17 of 839)
No single metric tells the full story. See the ISX:PSKT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
PT Red Planet Indonesia Tbk is an Indonesia-based hospitality company that builds, owns, and operates a chain of budget hotels under the Monoloog Hotel brand in Indonesia and a four-star hotel under the Pusako Hotel brand in Bukittinggi, West Sumatra. The Company's business segment consists of the food business.
42GF Score
Get the complete analysis for ISX:PSKT
Altman Z-Score is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
ISX:PSKT has been successfully added to your 
