PT Lovina Beach Brewery TbkISX:STRK +3.28%52 Altman Z-Score is 25.94 as of Jul. 02, 2026, which is 2% below its 10-year median of 26.46. GuruFocus rates ISX:STRK with a GF Score™ of 52/100 and a GF Value™ of Rp46.17 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 208 Beverages - Alcoholic companies, PT Lovina Beach Brewery Tbk ranks better than 97.6% 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 27.23 is strong.
PT Lovina Beach Brewery Tbk has a Altman Z-Score of 25.94, 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 Lovina Beach Brewery Tbk's Altman Z-Score or its related term are showing as below:
ISX:STRK'
s Altman Z-Score Range Over the Past 10 Years
Min: 20.4 Med: 26.46 Max: 108.04
Current: 27.23
During the past 6 years, PT Lovina Beach Brewery Tbk's highest Altman Z-Score was 108.04. The lowest was 20.40. And the median was 26.46.
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:STRK vs BUD, STZ, TAP: Altman Z-Score Comparison
For the Beverages - Brewers subindustry, PT Lovina Beach Brewery 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 Lovina Beach Brewery Tbk Altman Z-Score vs Beverages - Alcoholic Industry
For the Beverages - Alcoholic industry and Consumer Defensive sector, PT Lovina Beach Brewery Tbk's Altman Z-Score distribution charts can be found below:
* The bar in red indicates where PT Lovina Beach Brewery Tbk's Altman Z-Score falls into.
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 Lovina Beach Brewery Tbk (ISX:STRK) has a Altman Z-Score of 25.94 as of Jul. 02, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on PT Lovina Beach Brewery Tbk and its competitors. This is near median its historical median of 26.46. Over the past decade, PT Lovina Beach Brewery Tbk's Altman Z-Score has ranged from 20.40 to 108.04. According to the industry distribution chart, PT Lovina Beach Brewery Tbk ranks #5 out of 208 companies in the Beverages - Alcoholic industry, placing it in the top 2.4%.
Is PT Lovina Beach Brewery Tbk's Altman Z-Score too high?
PT Lovina Beach Brewery Tbk's current Altman Z-Score of 25.94 is near median its 10-year median of 26.46. Over the past 10 years, this metric has ranged from a low of 20.40 to a high of 108.04. The Beverages - Alcoholic industry median Altman Z-Score is 2.73. PT Lovina Beach Brewery Tbk's value of 25.94 is 850.2% above this industry median. Based on the distribution chart, PT Lovina Beach Brewery Tbk ranks #5 out of 208 companies in the Beverages - Alcoholic industry, which is in the top quartile — a strong position relative to peers. Overall, PT Lovina Beach Brewery 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 PT Lovina Beach Brewery Tbk's Altman Z-Score compare to BUD and STZ?
According to the Beverages - Alcoholic industry distribution chart, PT Lovina Beach Brewery Tbk ranks #5 out of 208 companies for Altman Z-Score. This places PT Lovina Beach Brewery Tbk in the top 2% of its industry — outperforming the majority of peers. The industry median Altman Z-Score is 2.73. PT Lovina Beach Brewery Tbk's value of 25.94 is 850.2% above this benchmark. Historically, PT Lovina Beach Brewery Tbk's own Altman Z-Score has ranged from 20.40 to 108.04 over the past decade. While the company's 10-year median is 26.46 vs. the industry median of 2.73, PT Lovina Beach Brewery 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 Beverages - Alcoholic company?
The median Altman Z-Score among Beverages - Alcoholic companies is 2.73, based on 208 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 Lovina Beach Brewery Tbk's current Altman Z-Score of 25.94 is 850.2% 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 Lovina Beach Brewery Tbk and its competitors. For the Beverages - Alcoholic industry, the median Altman Z-Score is 2.73 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT Lovina Beach Brewery Tbk's current Altman Z-Score is 25.94, which is near median its own 10-year median of 26.46. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Lovina Beach Brewery Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Lovina Beach Brewery Tbk (ISX:STRK) is currently considered Significantly Overvalued. The stock's GF Value™ is Rp46.17, compared to a current price of Rp63.00 — trading 36.5% above its estimated fair value. The current Altman Z-Score is 25.94, which is near median its 10-year median of 26.46 and 850.2% above the Beverages - Alcoholic industry median of 2.73. PT Lovina Beach Brewery Tbk's overall GF Score™ is 52/100 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 Lovina Beach Brewery Tbk (ISX:STRK), the current Altman Z-Score is 25.94 as of Jul. 02, 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 Lovina Beach Brewery Tbk (ISX:STRK) Overvalued in 2026?
Based on GuruFocus' analysis, PT Lovina Beach Brewery Tbk stock appears to be overvalued.
The current stock price of Rp63.00 is trading 36.5% above its estimated GF Value™ of Rp46.17.
GuruFocus considers PT Lovina Beach Brewery Tbk to be Significantly Overvalued.
Key valuation signals for ISX:STRK:
Altman Z-Score: 25.94 (near median its 10-year median of 26.46)
GF Value™: Rp46.17 vs. price of Rp63.00 (36.5% above fair value)
Industry Position: 850.2% above the Beverages - Alcoholic median (#5 of 208)
No single metric tells the full story. See the ISX:STRK stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
PT Lovina Beach Brewery Tbk producer and distributor of local alcoholic beverages in Indonesia. Its brands comprise Stark Craft Beer, Kaja, Nord, Arak Dewan, Arak Legong, and Wija. The Company distributes its products to various regions in Bali and Jakarta through a direct sales approach to hotels, restaurants, bars, and end consumers, as well as through a network of sub-distributors. For areas outside Bali and Jakarta, distribution is carried out through partnerships with sub-distributors who have an extensive network in various regions.
52GF Score
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