PT Triputra Agro Persada TbkTAPGF 48 Altman Z-Score is 8.20 as of Jun. 24, 2026, which is 93% above its 10-year median of 4.24. GuruFocus rates TAPGF with a GF Score™ of 48/100 and a GF Value™ of $0.08 (Significantly Overvalued). The stock has 1 warning sign investors should review. Among 1,933 Consumer Packaged Goods companies, PT Triputra Agro Persada Tbk ranks better than 89.34% 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 8.74 is strong.
PT Triputra Agro Persada Tbk has a Altman Z-Score of 8.20, 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 Triputra Agro Persada Tbk's Altman Z-Score or its related term are showing as below:
TAPGF'
s Altman Z-Score Range Over the Past 10 Years
Min: 2.74 Med: 4.24 Max: 10.26
Current: 8.74
During the past 9 years, PT Triputra Agro Persada Tbk's highest Altman Z-Score was 10.26. The lowest was 2.74. And the median was 4.24.
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 Farm Products subindustry, PT Triputra Agro Persada 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 Triputra Agro Persada Tbk Altman Z-Score vs Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, PT Triputra Agro Persada Tbk's Altman Z-Score distribution charts can be found below:
* The bar in red indicates where PT Triputra Agro Persada 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 Triputra Agro Persada Tbk (TAPGF) has a Altman Z-Score of 8.20 as of Jun. 24, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on PT Triputra Agro Persada Tbk and its competitors. This is 93% above median its historical median of 4.24. Over the past decade, PT Triputra Agro Persada Tbk's Altman Z-Score has ranged from 2.74 to 10.26. According to the industry distribution chart, PT Triputra Agro Persada Tbk ranks #206 out of 1933 companies in the Consumer Packaged Goods industry, placing it in the top 10.7%.
Is PT Triputra Agro Persada Tbk's Altman Z-Score too high?
PT Triputra Agro Persada Tbk's current Altman Z-Score of 8.20 is 93% above median its 10-year median of 4.24. Over the past 10 years, this metric has ranged from a low of 2.74 to a high of 10.26. The Consumer Packaged Goods industry median Altman Z-Score is 2.83. PT Triputra Agro Persada Tbk's value of 8.20 is 189.8% above this industry median. Based on the distribution chart, PT Triputra Agro Persada Tbk ranks #206 out of 1933 companies in the Consumer Packaged Goods industry, which is in the top quartile — a strong position relative to peers. Overall, PT Triputra Agro Persada Tbk has a GF Score™ of 48/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does PT Triputra Agro Persada Tbk's Altman Z-Score compare to ADM and BG?
According to the Consumer Packaged Goods industry distribution chart, PT Triputra Agro Persada Tbk ranks #206 out of 1933 companies for Altman Z-Score. This places PT Triputra Agro Persada Tbk in the top 11% of its industry — outperforming the majority of peers. The industry median Altman Z-Score is 2.83. PT Triputra Agro Persada Tbk's value of 8.20 is 189.8% above this benchmark. Historically, PT Triputra Agro Persada Tbk's own Altman Z-Score has ranged from 2.74 to 10.26 over the past decade. While the company's 10-year median is 4.24 vs. the industry median of 2.83, PT Triputra Agro Persada 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 Consumer Packaged Goods company?
The median Altman Z-Score among Consumer Packaged Goods companies is 2.83, 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 Triputra Agro Persada Tbk's current Altman Z-Score of 8.20 is 189.8% 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 Triputra Agro Persada 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 Triputra Agro Persada Tbk's current Altman Z-Score is 8.20, which is 93% above median its own 10-year median of 4.24. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Triputra Agro Persada Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Triputra Agro Persada Tbk (TAPGF) is currently considered Significantly Overvalued. The stock's GF Value™ is $0.08, compared to a current price of $0.12 — trading 45.8% above its estimated fair value. The current Altman Z-Score is 8.20, which is 93% above median its 10-year median of 4.24 and 189.8% above the Consumer Packaged Goods industry median of 2.83. PT Triputra Agro Persada Tbk's overall GF Score™ is 48/100 with 1 warning sign 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 Triputra Agro Persada Tbk (TAPGF), the current Altman Z-Score is 8.20 as of Jun. 24, 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 Triputra Agro Persada Tbk (TAPGF) Overvalued in 2026?
Based on GuruFocus' analysis, PT Triputra Agro Persada Tbk stock appears to be overvalued.
The current stock price of $0.12 is trading 45.8% above its estimated GF Value™ of $0.08.
GuruFocus considers PT Triputra Agro Persada Tbk to be Significantly Overvalued.
Key valuation signals for TAPGF:
Altman Z-Score: 8.20 (93% above median its 10-year median of 4.24)
GF Value™: $0.08 vs. price of $0.12 (45.8% above fair value)
Industry Position: 189.8% above the Consumer Packaged Goods median (#206 of 1933)
No single metric tells the full story. See the TAPGF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
AddressJalan DR. Ide Anak Agung Gde Agung, Kav. E.3-2, No. 1, The East Building, 23rd Floor, Kelurahan Kuningan Timur, Kecamatan Setiabudi, Jakarta Selatan, Jakarta, IDN, 12950
PT Triputra Agro Persada Tbk, along with its subsidiaries, is engaged in the palm oil plantation and palm oil processing industry, as well as rubber plantation at Jambi, Central Kalimantan, and East Kalimantan. The company's operating segment includes Crude oil, Palm kernel, Palm kernel oil, and Rubber. It generates the majority of revenue from the Crude Palm oil segment.
48GF Score
Get the complete analysis for TAPGF
Altman Z-Score is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
TAPGF has been successfully added to your 
