What is PT Sona Topas Tourism Industry Tbk Altman Z-Score?
PT Sona Topas Tourism Industry TbkISX:SONA 82 Altman Z-Score is 6.49 as of Jul. 06, 2026, which is 22% above its 10-year median of 5.33. GuruFocus rates ISX:SONA with a GF Score™ of 82/100 and a GF Value™ of Rp2,684.03 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 839 Travel & Leisure companies, PT Sona Topas Tourism Industry Tbk ranks better than 86.77% 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 6.49 is strong.
PT Sona Topas Tourism Industry Tbk has a Altman Z-Score of 6.49, 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.
ISX:SONA'
s Altman Z-Score Range Over the Past 10 Years
Min: 3.09 Med: 5.33 Max: 13.2
Current: 6.49
During the past 13 years, PT Sona Topas Tourism Industry Tbk's highest Altman Z-Score was 13.20. The lowest was 3.09. And the median was 5.33.
PT Sona Topas Tourism Industry Tbk (ISX:SONA) 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 Sona Topas Tourism Industry Tbk Altman Z-Score Chart
ISX:SONA vs BKNG, ABNB, RCL: Altman Z-Score Comparison
For the Travel Services subindustry, PT Sona Topas Tourism Industry 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 Sona Topas Tourism Industry Tbk Altman Z-Score vs Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, PT Sona Topas Tourism Industry Tbk's Altman Z-Score distribution charts can be found below:
* The bar in red indicates where PT Sona Topas Tourism Industry Tbk's Altman Z-Score falls into.
PT Sona Topas Tourism Industry 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 Sona Topas Tourism Industry Tbk (ISX:SONA) has a Altman Z-Score of 6.49 as of Jul. 06, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on PT Sona Topas Tourism Industry Tbk and its competitors. This is 22% above median its historical median of 5.33. Over the past decade, PT Sona Topas Tourism Industry Tbk's Altman Z-Score has ranged from 3.09 to 13.20. According to the industry distribution chart, PT Sona Topas Tourism Industry Tbk ranks #111 out of 839 companies in the Travel & Leisure industry, placing it in the top 13.2%.
Is PT Sona Topas Tourism Industry Tbk's Altman Z-Score too high?
PT Sona Topas Tourism Industry Tbk's current Altman Z-Score of 6.49 is 22% above median its 10-year median of 5.33. Over the past 10 years, this metric has ranged from a low of 3.09 to a high of 13.20. The Travel & Leisure industry median Altman Z-Score is 2.00. PT Sona Topas Tourism Industry Tbk's value of 6.49 is 224.5% above this industry median. Based on the distribution chart, PT Sona Topas Tourism Industry Tbk ranks #111 out of 839 companies in the Travel & Leisure industry, which is in the top quartile — a strong position relative to peers. Overall, PT Sona Topas Tourism Industry Tbk has a GF Score™ of 82/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does PT Sona Topas Tourism Industry Tbk's Altman Z-Score compare to BKNG and ABNB?
According to the Travel & Leisure industry distribution chart, PT Sona Topas Tourism Industry Tbk ranks #111 out of 839 companies for Altman Z-Score. This places PT Sona Topas Tourism Industry Tbk in the top 13% of its industry — outperforming the majority of peers. The industry median Altman Z-Score is 2.00. PT Sona Topas Tourism Industry Tbk's value of 6.49 is 224.5% above this benchmark. Historically, PT Sona Topas Tourism Industry Tbk's own Altman Z-Score has ranged from 3.09 to 13.20 over the past decade. While the company's 10-year median is 5.33 vs. the industry median of 2.00, PT Sona Topas Tourism Industry 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 2.00, 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 Sona Topas Tourism Industry Tbk's current Altman Z-Score of 6.49 is 224.5% 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 Sona Topas Tourism Industry Tbk and its competitors. For the Travel & Leisure industry, the median Altman Z-Score is 2.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT Sona Topas Tourism Industry Tbk's current Altman Z-Score is 6.49, which is 22% above median its own 10-year median of 5.33. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Sona Topas Tourism Industry Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Sona Topas Tourism Industry Tbk (ISX:SONA) is currently considered Modestly Undervalued. The stock's GF Value™ is Rp2,684.03, compared to a current price of Rp2,220.00 — trading 17.3% below its estimated fair value. The current Altman Z-Score is 6.49, which is 22% above median its 10-year median of 5.33 and 224.5% above the Travel & Leisure industry median of 2.00. PT Sona Topas Tourism Industry Tbk's overall GF Score™ is 82/100 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 PT Sona Topas Tourism Industry Tbk (ISX:SONA), the current Altman Z-Score is 6.49 as of Jul. 06, 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 Sona Topas Tourism Industry Tbk (ISX:SONA) Overvalued in 2026?
Based on GuruFocus' analysis, PT Sona Topas Tourism Industry Tbk stock appears to be undervalued.
The current stock price of Rp2,220.00 is trading 17.3% below its estimated GF Value™ of Rp2,684.03.
GuruFocus considers PT Sona Topas Tourism Industry Tbk to be Modestly Undervalued.
Key valuation signals for ISX:SONA:
Altman Z-Score: 6.49 (22% above median its 10-year median of 5.33)
GF Value™: Rp2,684.03 vs. price of Rp2,220.00 (17.3% below fair value)
Industry Position: 224.5% above the Travel & Leisure median (#111 of 839)
No single metric tells the full story. See the ISX:SONA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
PT Sona Topas Tourism Industry Tbk Business Description
PT Sona Topas Tourism Industry Tbk provides domestic and international travel-related services in Indonesia. The company operates through two divisions: Travel and Travel Retail Shops. The company generates the majority of its revenue from the Travel Retail Shop division, which operates retail shops in Bali, Jakarta, Surabaya, Lombok, Medan, and Batam. Travel division includes Selling tours and travel tickets, especially to the domestic market, and handling of related documents and tours. Geographically, the company generates the majority of its revenue from Bali.
82GF Score
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