PT Indofood Sukses Makmur TbkPIFMY +1.39%91 Altman Z-Score is 1.95 as of Jun. 26, 2026, which is 1% below its 10-year median of 1.97. GuruFocus rates PIFMY with a GF Score™ of 91/100 and a GF Value™ of $21.65 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 1,933 Consumer Packaged Goods companies, PT Indofood Sukses Makmur Tbk ranks worse than 67.15% 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 1.94 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 Indofood Sukses Makmur Tbk has a Altman Z-Score of 1.95, indicating it is in Grey Zones. This implies that PT Indofood Sukses Makmur 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 Indofood Sukses Makmur Tbk's Altman Z-Score or its related term are showing as below:
PIFMY'
s Altman Z-Score Range Over the Past 10 Years
Min: 1.45 Med: 1.97 Max: 2.75
Current: 1.94
During the past 13 years, PT Indofood Sukses Makmur Tbk's highest Altman Z-Score was 2.75. The lowest was 1.45. And the median was 1.97.
PT Indofood Sukses Makmur Tbk (OTCPK:PIFMY) 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 Indofood Sukses Makmur Tbk Altman Z-Score Chart
For the Packaged Foods subindustry, PT Indofood Sukses Makmur 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 Indofood Sukses Makmur Tbk Altman Z-Score vs Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, PT Indofood Sukses Makmur Tbk's Altman Z-Score distribution charts can be found below:
* The bar in red indicates where PT Indofood Sukses Makmur Tbk's Altman Z-Score falls into.
PT Indofood Sukses Makmur 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 Indofood Sukses Makmur Tbk (PIFMY) has a Altman Z-Score of 1.95 as of Jun. 26, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on PT Indofood Sukses Makmur Tbk and its competitors. This is near median its historical median of 1.97. Over the past decade, PT Indofood Sukses Makmur Tbk's Altman Z-Score has ranged from 1.45 to 2.75. According to the industry distribution chart, PT Indofood Sukses Makmur Tbk ranks #1298 out of 1933 companies in the Consumer Packaged Goods industry, placing it in the top 67.1%.
Is PT Indofood Sukses Makmur Tbk's Altman Z-Score too high?
PT Indofood Sukses Makmur Tbk's current Altman Z-Score of 1.95 is near median its 10-year median of 1.97. Over the past 10 years, this metric has ranged from a low of 1.45 to a high of 2.75. The Consumer Packaged Goods industry median Altman Z-Score is 2.84. PT Indofood Sukses Makmur Tbk's value of 1.95 is 31.3% below this industry median. Based on the distribution chart, PT Indofood Sukses Makmur Tbk ranks #1298 out of 1933 companies in the Consumer Packaged Goods industry, which is below the industry midpoint. Overall, PT Indofood Sukses Makmur Tbk has a GF Score™ of 91/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does PT Indofood Sukses Makmur Tbk's Altman Z-Score compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, PT Indofood Sukses Makmur Tbk ranks #1298 out of 1933 companies for Altman Z-Score. This places PT Indofood Sukses Makmur Tbk in the lower half of its industry. The industry median Altman Z-Score is 2.84. PT Indofood Sukses Makmur Tbk's value of 1.95 is 31.3% below this benchmark. Historically, PT Indofood Sukses Makmur Tbk's own Altman Z-Score has ranged from 1.45 to 2.75 over the past decade. While the company's 10-year median is 1.97 vs. the industry median of 2.84, PT Indofood Sukses Makmur Tbk has consistently been below 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 Consumer Packaged Goods company?
The median Altman Z-Score among Consumer Packaged Goods companies is 2.84, based on 1,933 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 Indofood Sukses Makmur Tbk's current Altman Z-Score of 1.95 is 31.3% below 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 Indofood Sukses Makmur Tbk and its competitors. For the Consumer Packaged Goods industry, the median Altman Z-Score is 2.84 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT Indofood Sukses Makmur Tbk's current Altman Z-Score is 1.95, which is near median its own 10-year median of 1.97. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Indofood Sukses Makmur Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Indofood Sukses Makmur Tbk (PIFMY) is currently considered Modestly Undervalued. The stock's GF Value™ is $21.65, compared to a current price of $19.28 — trading 10.9% below its estimated fair value. The current Altman Z-Score is 1.95, which is near median its 10-year median of 1.97 and 31.3% below the Consumer Packaged Goods industry median of 2.84. PT Indofood Sukses Makmur Tbk's overall GF Score™ is 91/100 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 Indofood Sukses Makmur Tbk (PIFMY), the current Altman Z-Score is 1.95 as of Jun. 26, 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 Indofood Sukses Makmur Tbk (PIFMY) Overvalued in 2026?
Based on GuruFocus' analysis, PT Indofood Sukses Makmur Tbk stock appears to be undervalued.
The current stock price of $19.28 is trading 10.9% below its estimated GF Value™ of $21.65.
GuruFocus considers PT Indofood Sukses Makmur Tbk to be Modestly Undervalued.
Key valuation signals for PIFMY:
Altman Z-Score: 1.95 (near median its 10-year median of 1.97)
GF Value™: $21.65 vs. price of $19.28 (10.9% below fair value)
Industry Position: 31.3% below the Consumer Packaged Goods median (#1298 of 1933)
No single metric tells the full story. See the PIFMY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
PT Indofood Sukses Makmur Tbk Business Description
PT Indofood Sukses Makmur Tbk is a packaged food company with a diversified portfolio in both raw materials and processed food. It divides operations into the Consumer Branded Products Business Group, Bogasari Business Group, Agribusiness Group, and Distribution Business Group. The Consumer Branded Products Business Group, which generates maximum revenue, produces a varied range of consumer-branded products such as noodles, dairy, snack foods, special foods, food seasonings, and beverages. The Bogasari unit mainly produces wheat flour as well as pasta; and the Agribusiness unit is involved in seed breeding, oil palm cultivation and milling, and the production and marketing of branded cooking oils, margarine, and shortening. Geographically, the Group generates key revenue from Indonesia.
91GF Score
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