Pt Express Transindo Utama Tbk (ISX:TAXI) Altman Z-Score: -24.58 (As of Jul. 16, 2026)

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ISX:TAXI Pt Express Transindo Utama Tbk ISX:TAXI
59 GF Score
Price Rp13.00
GF Value Rp23.51
Valuation Possible Value Trap
! 3 Warning Signs
View Full Analysis

What is Pt Express Transindo Utama Tbk Altman Z-Score?

Pt Express Transindo Utama Tbk ISX:TAXI +8.33% 59 Altman Z-Score is -24.58 as of Jul. 16, 2026. GuruFocus rates ISX:TAXI with a GF Score™ of 59/100 and a GF Value™ of Rp23.51 (Possible Value Trap). The stock has 3 warning signs investors should review. Among 995 Transportation companies, Pt Express Transindo Utama Tbk ranks worse than 99.7% 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.

Warning Sign:

Altman Z-score of -26.34 is in distress zone. This implies bankruptcy possibility in the next two years.

Pt Express Transindo Utama Tbk has a Altman Z-Score of -24.58, 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.

The historical rank and industry rank for Pt Express Transindo Utama Tbk's Altman Z-Score or its related term are showing as below:

ISX:TAXI' s Altman Z-Score Range Over the Past 10 Years
Min: -26.34   Med: -3.43   Max: 11.38
Current: -26.34

During the past 13 years, Pt Express Transindo Utama Tbk's highest Altman Z-Score was 11.38. The lowest was -26.34. And the median was -3.43.


Pt Express Transindo Utama Tbk  (ISX:TAXI) 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 Express Transindo Utama Tbk Altman Z-Score Related Terms


Pt Express Transindo Utama Tbk Altman Z-Score Historical Data

* Premium members only.

The historical data trend for Pt Express Transindo Utama 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 Express Transindo Utama Tbk Altman Z-Score Chart

Pt Express Transindo Utama Tbk Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Altman Z-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.51 2.04 1.23 -17.83 -9.53

Pt Express Transindo Utama Tbk Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 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 Premium Member Only Premium Member Only Premium Member Only -17.59 -19.53 5.67 -9.53 -21.05

ISX:TAXI vs UNP, CSX, NSC: Altman Z-Score Comparison

For the Railroads subindustry, Pt Express Transindo Utama 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 Express Transindo Utama Tbk Altman Z-Score vs Transportation Industry

For the Transportation industry and Industrials sector, Pt Express Transindo Utama Tbk's Altman Z-Score distribution charts can be found below:

* The bar in red indicates where Pt Express Transindo Utama Tbk's Altman Z-Score falls into.


ISX:TAXI
59GF Score
Pt Express Transindo Utama Tbk ISX:TAXI
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Pt Express Transindo Utama 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 Express Transindo Utama 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*0.8986+1.4*-33.7075+3.3*-0.4625+0.6*38.2113+1.0*0.1314
=-24.58

* 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 Rp38,850 Mil.
Total Current Assets was Rp35,955 Mil.
Total Current Liabilities was Rp1,044 Mil.
Retained Earnings was Rp-1,309,547 Mil.
Pre-Tax Income was -337.874 + -15316.239 + -1334.275 + -981.889 = Rp-17,970 Mil.
Interest Expense was -0.042 + -0.052 + -0.032 + -0.058 = Rp-0 Mil.
Revenue was 2269.337 + 1323.616 + 646.731 + 864.617 = Rp5,104 Mil.
Market Cap (Today) was Rp132,907 Mil.
Total Liabilities was Rp3,478 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
=(35955.426 - 1044.187)/38850.252
=0.8986

X2=Retained Earnings/Total Assets
=-1309546.519/38850.252
=-33.7075

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(-17970.277 - -0.184)/38850.252
=-0.4625

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=132907.413/3478.223
=38.2113

X5=Revenue/Total Assets
=5104.301/38850.252
=0.1314

The zones of discrimination were as such:

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

Pt Express Transindo Utama Tbk has a Altman Z-Score of -24.58 indicating it is in Distress 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 -24.58 mean?
Pt Express Transindo Utama Tbk (ISX:TAXI) has a Altman Z-Score of -24.58 as of Jul. 16, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Pt Express Transindo Utama Tbk and its competitors. According to the industry distribution chart, Pt Express Transindo Utama Tbk ranks #992 out of 995 companies in the Transportation industry, placing it in the top 99.7%.
Is Pt Express Transindo Utama Tbk's Altman Z-Score too high?
Pt Express Transindo Utama Tbk's current Altman Z-Score is -24.58. Based on the distribution chart, Pt Express Transindo Utama Tbk ranks #992 out of 995 companies in the Transportation industry, which is in the bottom quartile relative to peers. Overall, Pt Express Transindo Utama Tbk has a GF Score™ of 59/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Pt Express Transindo Utama Tbk's Altman Z-Score compare to UNP and CSX?
According to the Transportation industry distribution chart, Pt Express Transindo Utama Tbk ranks #992 out of 995 companies for Altman Z-Score. This places Pt Express Transindo Utama Tbk in the lower half of its industry. The industry median Altman Z-Score is 2.27. 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 Transportation company?
The median Altman Z-Score among Transportation companies is 2.27, based on 995 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. 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 Express Transindo Utama Tbk and its competitors. For the Transportation industry, the median Altman Z-Score is 2.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Pt Express Transindo Utama Tbk's current Altman Z-Score is -24.58. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Pt Express Transindo Utama Tbk stock overvalued right now?
Based on GuruFocus' analysis, Pt Express Transindo Utama Tbk (ISX:TAXI) is currently considered Possible Value Trap. The stock's GF Value™ is Rp23.51, compared to a current price of Rp13.00 — trading 44.7% below its estimated fair value. The current Altman Z-Score is -24.58. Pt Express Transindo Utama Tbk's overall GF Score™ is 59/100 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 Express Transindo Utama Tbk (ISX:TAXI), the current Altman Z-Score is -24.58 as of Jul. 16, 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 Express Transindo Utama Tbk (ISX:TAXI) Overvalued in 2026?

Based on GuruFocus' analysis, Pt Express Transindo Utama Tbk stock appears to be undervalued. The current stock price of Rp13.00 is trading 44.7% below its estimated GF Value™ of Rp23.51. GuruFocus considers Pt Express Transindo Utama Tbk to be Possible Value Trap.

Key valuation signals for ISX:TAXI:

  • Altman Z-Score: -24.58
  • GF Value™: Rp23.51 vs. price of Rp13.00 (44.7% below fair value)
  • GF Score™: 59/100 with 3 warning signs

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


Pt Express Transindo Utama Tbk Business Description

Address Jl. Taman Sari IV No. 12A, Maphar, Taman Sari, Jakarta, IDN, 11160
Pt Express Transindo Utama Tbk is a land transportation service provider. The company's services include Taxi and Bus services. Its bus services caters to corporate clients, schools, and through travel agencies. The Group's reportable segments are Jadetabek which consists of Jakarta, Depok, Tangerang and Bekasi, and Outside Jadetabek.
59GF Score

Get the complete analysis for ISX:TAXI

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

Rp13.00
Price
Rp23.51
GF Value