What is PT Wintermar Offshore Marine Tbk Altman Z-Score?
PT Wintermar Offshore Marine TbkISX:WINS 79 Altman Z-Score is 2.91 as of Jun. 30, 2026, which is 369% above its 10-year median of 0.62. GuruFocus rates ISX:WINS with a GF Score™ of 79/100 and a GF Value™ of Rp553.00 (Fairly Valued). The stock has 6 warning signs investors should review. Among 992 Transportation companies, PT Wintermar Offshore Marine Tbk ranks better than 63.81% 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 2.91 is in the grey area. This implies that the company is under some kind of financial stress. If it is below 1.8, the company may face bankruptcy risk.
PT Wintermar Offshore Marine Tbk has a Altman Z-Score of 2.91, indicating it is in Grey Zones. This implies that PT Wintermar Offshore Marine Tbk is in some kind of financial stress. If it is below 1.81, the company may face bankrupcy risk.
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 Wintermar Offshore Marine Tbk's Altman Z-Score or its related term are showing as below:
ISX:WINS'
s Altman Z-Score Range Over the Past 10 Years
Min: 0.12 Med: 0.62 Max: 3.68
Current: 2.91
During the past 13 years, PT Wintermar Offshore Marine Tbk's highest Altman Z-Score was 3.68. The lowest was 0.12. And the median was 0.62.
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.
For the Marine Shipping subindustry, PT Wintermar Offshore Marine 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 Wintermar Offshore Marine Tbk Altman Z-Score vs Transportation Industry
For the Transportation industry and Industrials sector, PT Wintermar Offshore Marine Tbk's Altman Z-Score distribution charts can be found below:
* The bar in red indicates where PT Wintermar Offshore Marine 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 Wintermar Offshore Marine Tbk (ISX:WINS) has a Altman Z-Score of 2.91 as of Jun. 30, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on PT Wintermar Offshore Marine Tbk and its competitors. This is 369% above median its historical median of 0.62. Over the past decade, PT Wintermar Offshore Marine Tbk's Altman Z-Score has ranged from 0.12 to 3.68. According to the industry distribution chart, PT Wintermar Offshore Marine Tbk ranks #359 out of 992 companies in the Transportation industry, placing it in the top 36.2%.
Is PT Wintermar Offshore Marine Tbk's Altman Z-Score too high?
PT Wintermar Offshore Marine Tbk's current Altman Z-Score of 2.91 is 369% above median its 10-year median of 0.62. Over the past 10 years, this metric has ranged from a low of 0.12 to a high of 3.68. The Transportation industry median Altman Z-Score is 2.27. PT Wintermar Offshore Marine Tbk's value of 2.91 is 28.2% above this industry median. Based on the distribution chart, PT Wintermar Offshore Marine Tbk ranks #359 out of 992 companies in the Transportation industry, which is above the industry midpoint. Overall, PT Wintermar Offshore Marine Tbk has a GF Score™ of 79/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does PT Wintermar Offshore Marine Tbk's Altman Z-Score compare to competitors?
According to the Transportation industry distribution chart, PT Wintermar Offshore Marine Tbk ranks #359 out of 992 companies for Altman Z-Score. This puts PT Wintermar Offshore Marine Tbk in the upper half of its industry. The industry median Altman Z-Score is 2.27. PT Wintermar Offshore Marine Tbk's value of 2.91 is 28.2% above this benchmark. Historically, PT Wintermar Offshore Marine Tbk's own Altman Z-Score has ranged from 0.12 to 3.68 over the past decade. While the company's 10-year median is 0.62 vs. the industry median of 2.27, PT Wintermar Offshore Marine 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 Transportation company?
The median Altman Z-Score among Transportation companies is 2.27, based on 992 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 Wintermar Offshore Marine Tbk's current Altman Z-Score of 2.91 is 28.2% 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 Wintermar Offshore Marine 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 Wintermar Offshore Marine Tbk's current Altman Z-Score is 2.91, which is 369% above median its own 10-year median of 0.62. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Wintermar Offshore Marine Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Wintermar Offshore Marine Tbk (ISX:WINS) is currently considered Fairly Valued. The stock's GF Value™ is Rp553.00, compared to a current price of Rp525.00 — trading 5.1% below its estimated fair value. The current Altman Z-Score is 2.91, which is 369% above median its 10-year median of 0.62 and 28.2% above the Transportation industry median of 2.27. PT Wintermar Offshore Marine Tbk's overall GF Score™ is 79/100 with 6 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 Wintermar Offshore Marine Tbk (ISX:WINS), the current Altman Z-Score is 2.91 as of Jun. 30, 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 Wintermar Offshore Marine Tbk (ISX:WINS) Overvalued in 2026?
Based on GuruFocus' analysis, PT Wintermar Offshore Marine Tbk stock appears to be undervalued.
The current stock price of Rp525.00 is trading 5.1% below its estimated GF Value™ of Rp553.00.
GuruFocus considers PT Wintermar Offshore Marine Tbk to be Fairly Valued.
Key valuation signals for ISX:WINS:
Altman Z-Score: 2.91 (369% above median its 10-year median of 0.62)
GF Value™: Rp553.00 vs. price of Rp525.00 (5.1% below fair value)
Industry Position: 28.2% above the Transportation median (#359 of 992)
No single metric tells the full story. See the ISX:WINS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
PT Wintermar Offshore Marine Tbk Business Description
PT Wintermar Offshore Marine Tbk is a shipping company focused on providing offshore support vessels for the oil and gas industry. The company offers various services such as cargo supply to drillship and rig, anchor handling, offshore windfarm installation, cable laying support, air diving support, chartering and ship management, terminal tug services, etc. It owns and operates various types of vessels, such as platform supply vessels, anchor-handling tug supply vessels, oil barges, oil tankers, tugboats, etc. The company's operating segments are Owned Vessels, which derive maximum revenue, Chartered Vessels, and other Services. Geographically, it operates across Brunei, Taiwan, Vietnam, Australia, Indonesia, Singapore, Malaysia, Saudi Arabia, the UAE, India, Thailand, and other regions.
79GF Score
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