PT Sunindo Pratama Tbk (ISX:SUNI) Altman Z-Score: 5.99 (As of Jul. 12, 2026) — 10% Below Median


ISX:SUNI PT Sunindo Pratama Tbk ISX:SUNI
88 GF Score
Price Rp605.00
GF Value Rp699.87
Valuation Modestly Undervalued
! 5 Warning Signs
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What is PT Sunindo Pratama Tbk Altman Z-Score?

PT Sunindo Pratama Tbk ISX:SUNI 88 Altman Z-Score is 5.99 as of Jul. 12, 2026, which is 10% below its 10-year median of 6.64. GuruFocus rates ISX:SUNI with a GF Score™ of 88/100 and a GF Value™ of Rp699.87 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 896 Oil & Gas companies, PT Sunindo Pratama Tbk ranks better than 88.5% 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 5.99 is strong.

PT Sunindo Pratama Tbk has a Altman Z-Score of 5.99, 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 Sunindo Pratama Tbk's Altman Z-Score or its related term are showing as below:

ISX:SUNI' s Altman Z-Score Range Over the Past 10 Years
Min: 4.82   Med: 6.64   Max: 7.33
Current: 5.99

During the past 6 years, PT Sunindo Pratama Tbk's highest Altman Z-Score was 7.33. The lowest was 4.82. And the median was 6.64.


PT Sunindo Pratama Tbk  (ISX:SUNI) 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.


PT Sunindo Pratama Tbk Altman Z-Score Related Terms


PT Sunindo Pratama Tbk Altman Z-Score Historical Data

* Premium members only.

The historical data trend for PT Sunindo Pratama 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.

PT Sunindo Pratama Tbk Altman Z-Score Chart

PT Sunindo Pratama Tbk Annual Data
Trend Dec19 Dec20 Dec21 Dec23 Dec24 Dec25
Altman Z-Score
Get a 7-Day Free Trial 0.00 0.00 5.50 6.87 7.33

PT Sunindo Pratama Tbk Quarterly Data
Dec19 Dec20 Dec21 Jun22 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 7.06 5.79 5.67 7.33 6.91

ISX:SUNI vs SLB, BKR, HAL: Altman Z-Score Comparison

For the Oil & Gas Equipment & Services subindustry, PT Sunindo Pratama 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 Sunindo Pratama Tbk Altman Z-Score vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, PT Sunindo Pratama Tbk's Altman Z-Score distribution charts can be found below:

* The bar in red indicates where PT Sunindo Pratama Tbk's Altman Z-Score falls into.


ISX:SUNI
88GF Score
PT Sunindo Pratama Tbk ISX:SUNI
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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PT Sunindo Pratama 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.

PT Sunindo Pratama 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*0.3417+1.4*0.5077+3.3*0.1638+0.6*5.987+1.0*0.7328
=5.99

* 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 Rp1,124,194 Mil.
Total Current Assets was Rp476,272 Mil.
Total Current Liabilities was Rp92,101 Mil.
Retained Earnings was Rp570,764 Mil.
Pre-Tax Income was 22671.437 + 58104.722 + 75220.689 + 27888.232 = Rp183,885 Mil.
Interest Expense was -28.225 + -83.163 + -131.133 + -13.645 = Rp-256 Mil.
Revenue was 154911.411 + 267615.058 + 276603.103 + 124642.84 = Rp823,772 Mil.
Market Cap (Today) was Rp1,455,872 Mil.
Total Liabilities was Rp243,173 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
=(476271.806 - 92101.197)/1124194.388
=0.3417

X2=Retained Earnings/Total Assets
=570763.759/1124194.388
=0.5077

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(183885.08 - -256.166)/1124194.388
=0.1638

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=1455872.000/243172.795
=5.987

X5=Revenue/Total Assets
=823772.412/1124194.388
=0.7328

The zones of discrimination were as such:

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

PT Sunindo Pratama Tbk has a Altman Z-Score of 5.99 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 5.99 mean?
PT Sunindo Pratama Tbk (ISX:SUNI) has a Altman Z-Score of 5.99 as of Jul. 12, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on PT Sunindo Pratama Tbk and its competitors. This is 10% below median its historical median of 6.64. Over the past decade, PT Sunindo Pratama Tbk's Altman Z-Score has ranged from 4.82 to 7.33. According to the industry distribution chart, PT Sunindo Pratama Tbk ranks #103 out of 896 companies in the Oil & Gas industry, placing it in the top 11.5%.
Is PT Sunindo Pratama Tbk's Altman Z-Score too high?
PT Sunindo Pratama Tbk's current Altman Z-Score of 5.99 is 10% below median its 10-year median of 6.64. Over the past 10 years, this metric has ranged from a low of 4.82 to a high of 7.33. The Oil & Gas industry median Altman Z-Score is 1.92. PT Sunindo Pratama Tbk's value of 5.99 is 212.8% above this industry median. Based on the distribution chart, PT Sunindo Pratama Tbk ranks #103 out of 896 companies in the Oil & Gas industry, which is in the top quartile — a strong position relative to peers. Overall, PT Sunindo Pratama Tbk has a GF Score™ of 88/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does PT Sunindo Pratama Tbk's Altman Z-Score compare to SLB and BKR?
According to the Oil & Gas industry distribution chart, PT Sunindo Pratama Tbk ranks #103 out of 896 companies for Altman Z-Score. This places PT Sunindo Pratama Tbk in the top 12% of its industry — outperforming the majority of peers. The industry median Altman Z-Score is 1.92. PT Sunindo Pratama Tbk's value of 5.99 is 212.8% above this benchmark. Historically, PT Sunindo Pratama Tbk's own Altman Z-Score has ranged from 4.82 to 7.33 over the past decade. While the company's 10-year median is 6.64 vs. the industry median of 1.92, PT Sunindo Pratama 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 an Oil & Gas company?
The median Altman Z-Score among Oil & Gas companies is 1.92, based on 896 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 Sunindo Pratama Tbk's current Altman Z-Score of 5.99 is 212.8% 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 PT Sunindo Pratama Tbk and its competitors. For the Oil & Gas industry, the median Altman Z-Score is 1.92 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT Sunindo Pratama Tbk's current Altman Z-Score is 5.99, which is 10% below median its own 10-year median of 6.64. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Sunindo Pratama Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Sunindo Pratama Tbk (ISX:SUNI) is currently considered Modestly Undervalued. The stock's GF Value™ is Rp699.87, compared to a current price of Rp605.00 — trading 13.6% below its estimated fair value. The current Altman Z-Score is 5.99, which is 10% below median its 10-year median of 6.64 and 212.8% above the Oil & Gas industry median of 1.92. PT Sunindo Pratama Tbk's overall GF Score™ is 88/100 with 5 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 Sunindo Pratama Tbk (ISX:SUNI), the current Altman Z-Score is 5.99 as of Jul. 12, 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 Sunindo Pratama Tbk (ISX:SUNI) Overvalued in 2026?

Based on GuruFocus' analysis, PT Sunindo Pratama Tbk stock appears to be undervalued. The current stock price of Rp605.00 is trading 13.6% below its estimated GF Value™ of Rp699.87. GuruFocus considers PT Sunindo Pratama Tbk to be Modestly Undervalued.

Key valuation signals for ISX:SUNI:

  • Altman Z-Score: 5.99 (10% below median its 10-year median of 6.64)
  • GF Value™: Rp699.87 vs. price of Rp605.00 (13.6% below fair value)
  • GF Score™: 88/100 with 5 warning signs
  • Industry Position: 212.8% above the Oil & Gas median (#103 of 896)

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


PT Sunindo Pratama Tbk Business Description

Industry EnergyOil & Gas
Address Jalan Prof. Dr. Soepomo SH. No. 48, Menteng Dalam, Tebet, Kota Administrasi Jakarta Selatan, Jakarta, IDN, 12870
PT Sunindo Pratama Tbk is an Indonesia-based oil and gas company also engaged in the steel pipe industry. The Company and Subsidiaries categorize their business into two main segments, namely sales of goods segment and service revenue segment. Its products range from supplying Oil Country Tubular Goods with seamless and Electrical Resistance Welding tubing and casing, drill pipe, line pipe, drill bits, wellhead and Christmas tree, packers, Variable Speed Drive, oilfield-related chemicals, and valves. The Company also provides services, including drill pipe rental, wellhead and Christmas tree on-site service, workover barges.
88GF Score

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

Rp605.00
Price
Rp699.87
GF Value