PT Tunas Baru Lampung Tbk (STU:T2L) Altman Z-Score: 1.57 (As of Jul. 03, 2026) — Near Median


STU:T2L PT Tunas Baru Lampung Tbk STU:T2L
84 GF Score
Price €0.02
GF Value €0.04
Valuation Possible Value Trap
! 7 Warning Signs
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What is PT Tunas Baru Lampung Tbk Altman Z-Score?

PT Tunas Baru Lampung Tbk STU:T2L 84 Altman Z-Score is 1.57 as of Jul. 03, 2026, which is 1% below its 10-year median of 1.59. GuruFocus rates STU:T2L with a GF Score™ of 84/100 and a GF Value™ of €0.04 (Possible Value Trap). The stock has 7 warning signs investors should review. Among 1,928 Consumer Packaged Goods companies, PT Tunas Baru Lampung Tbk ranks worse than 75.57% 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 1.57 is in distress zone. This implies bankruptcy possibility in the next two years.

PT Tunas Baru Lampung Tbk has a Altman Z-Score of 1.57, 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 Tunas Baru Lampung Tbk's Altman Z-Score or its related term are showing as below:

STU:T2L' s Altman Z-Score Range Over the Past 10 Years
Min: 1.28   Med: 1.59   Max: 1.92
Current: 1.57

During the past 13 years, PT Tunas Baru Lampung Tbk's highest Altman Z-Score was 1.92. The lowest was 1.28. And the median was 1.59.


PT Tunas Baru Lampung Tbk  (STU:T2L) 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 Tunas Baru Lampung Tbk Altman Z-Score Related Terms


PT Tunas Baru Lampung Tbk Altman Z-Score Historical Data

* Premium members only.

The historical data trend for PT Tunas Baru Lampung 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 Tunas Baru Lampung Tbk Altman Z-Score Chart

PT Tunas Baru Lampung 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 1.74 1.55 1.46 1.44 1.55

PT Tunas Baru Lampung 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 1.49 1.59 1.53 1.55 1.57

STU:T2L vs KHC, GIS: Altman Z-Score Comparison

For the Packaged Foods subindustry, PT Tunas Baru Lampung 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 Tunas Baru Lampung Tbk Altman Z-Score vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, PT Tunas Baru Lampung Tbk's Altman Z-Score distribution charts can be found below:

* The bar in red indicates where PT Tunas Baru Lampung Tbk's Altman Z-Score falls into.


STU:T2L
84GF Score
PT Tunas Baru Lampung Tbk STU:T2L
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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PT Tunas Baru Lampung 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 Tunas Baru Lampung 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*0.0802+1.4*0.2345+3.3*0.0836+0.6*0.1645+1.0*0.7675
=1.57

* 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 €1,573 Mil.
Total Current Assets was €771 Mil.
Total Current Liabilities was €645 Mil.
Retained Earnings was €369 Mil.
Pre-Tax Income was 17.72 + 17.563 + 12.036 + 11.946 = €59 Mil.
Interest Expense was -17.742 + -18.322 + -17.967 + -18.115 = €-72 Mil.
Revenue was 311.198 + 332.007 + 303.733 + 260.15 = €1,207 Mil.
Market Cap (Today) was €179 Mil.
Total Liabilities was €1,086 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
=(771.479 - 645.366)/1572.683
=0.0802

X2=Retained Earnings/Total Assets
=368.716/1572.683
=0.2345

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(59.265 - -72.146)/1572.683
=0.0836

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=178.585/1085.823
=0.1645

X5=Revenue/Total Assets
=1207.088/1572.683
=0.7675

The zones of discrimination were as such:

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

PT Tunas Baru Lampung Tbk has a Altman Z-Score of 1.57 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 1.57 mean?
PT Tunas Baru Lampung Tbk (STU:T2L) has a Altman Z-Score of 1.57 as of Jul. 03, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on PT Tunas Baru Lampung Tbk and its competitors. This is near median its historical median of 1.59. Over the past decade, PT Tunas Baru Lampung Tbk's Altman Z-Score has ranged from 1.28 to 1.92. According to the industry distribution chart, PT Tunas Baru Lampung Tbk ranks #1457 out of 1928 companies in the Consumer Packaged Goods industry, placing it in the top 75.6%.
Is PT Tunas Baru Lampung Tbk's Altman Z-Score too high?
PT Tunas Baru Lampung Tbk's current Altman Z-Score of 1.57 is near median its 10-year median of 1.59. Over the past 10 years, this metric has ranged from a low of 1.28 to a high of 1.92. The Consumer Packaged Goods industry median Altman Z-Score is 2.83. PT Tunas Baru Lampung Tbk's value of 1.57 is 44.5% below this industry median. Based on the distribution chart, PT Tunas Baru Lampung Tbk ranks #1457 out of 1928 companies in the Consumer Packaged Goods industry, which is in the bottom quartile relative to peers. Overall, PT Tunas Baru Lampung Tbk has a GF Score™ of 84/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does PT Tunas Baru Lampung Tbk's Altman Z-Score compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, PT Tunas Baru Lampung Tbk ranks #1457 out of 1928 companies for Altman Z-Score. This places PT Tunas Baru Lampung Tbk in the lower half of its industry. The industry median Altman Z-Score is 2.83. PT Tunas Baru Lampung Tbk's value of 1.57 is 44.5% below this benchmark. Historically, PT Tunas Baru Lampung Tbk's own Altman Z-Score has ranged from 1.28 to 1.92 over the past decade. While the company's 10-year median is 1.59 vs. the industry median of 2.83, PT Tunas Baru Lampung 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 2.83, based on 1,928 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 Tunas Baru Lampung Tbk's current Altman Z-Score of 1.57 is 44.5% 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 Tunas Baru Lampung Tbk and its competitors. For the Consumer Packaged Goods industry, the median Altman Z-Score is 2.83 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT Tunas Baru Lampung Tbk's current Altman Z-Score is 1.57, which is near median its own 10-year median of 1.59. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Tunas Baru Lampung Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Tunas Baru Lampung Tbk (STU:T2L) is currently considered Possible Value Trap. The stock's GF Value™ is €0.04, compared to a current price of €0.02 — trading 45% below its estimated fair value. The current Altman Z-Score is 1.57, which is near median its 10-year median of 1.59 and 44.5% below the Consumer Packaged Goods industry median of 2.83. PT Tunas Baru Lampung Tbk's overall GF Score™ is 84/100 with 7 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 Tunas Baru Lampung Tbk (STU:T2L), the current Altman Z-Score is 1.57 as of Jul. 03, 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 Tunas Baru Lampung Tbk (STU:T2L) Overvalued in 2026?

Based on GuruFocus' analysis, PT Tunas Baru Lampung Tbk stock appears to be undervalued. The current stock price of €0.02 is trading 45% below its estimated GF Value™ of €0.04. GuruFocus considers PT Tunas Baru Lampung Tbk to be Possible Value Trap.

Key valuation signals for STU:T2L:

  • Altman Z-Score: 1.57 (near median its 10-year median of 1.59)
  • GF Value™: €0.04 vs. price of €0.02 (45% below fair value)
  • GF Score™: 84/100 with 7 warning signs
  • Industry Position: 44.5% below the Consumer Packaged Goods median (#1457 of 1928)

No single metric tells the full story. See the STU:T2L stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


PT Tunas Baru Lampung Tbk Business Description

Other Exchanges TBLA:Indonesia
Address Jalan HR Rasuna Said Kav C-6, Wisma Budi Floor 8-9, Jakarta Selatan, Jakarta, IDN, 12940
PT Tunas Baru Lampung Tbk is an Indonesian company engaged in the business of manufacturing palm cooking oil, sugar, crude palm oil, soap, and biodiesel, and in the palm and sugar cane plantations. The company also produces crude coconut oil, stearine, crude palm oil, palm kernel oil, and other consumer products such as cream soap and laundry soap. The company operates through two business segments, namely Plantations and Manufacturing. The company's product brands include Gunung Agung, Bumi Waras, Rossy, Tawon, Burung Merak, Kompas, Segar, and Rose Brand. The company generates maximum revenue from the Manufacturing segment.
84GF Score

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

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