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PT HILLCON Tbk (ISX:HILL) Piotroski F-Score : N/A (As of May. 26, 2024)


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What is PT HILLCON Tbk Piotroski F-Score?

The zones of discrimination were as such:

Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3

PT HILLCON Tbk has an F-score of 4 indicating the company's financial situation is typical for a stable company.

The historical rank and industry rank for PT HILLCON Tbk's Piotroski F-Score or its related term are showing as below:

During the past 5 years, the highest Piotroski F-Score of PT HILLCON Tbk was 3. The lowest was 3. And the median was 3.


PT HILLCON Tbk Piotroski F-Score Historical Data

The historical data trend for PT HILLCON Tbk's Piotroski F-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.

* Premium members only.

PT HILLCON Tbk Piotroski F-Score Chart

PT HILLCON Tbk Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Piotroski F-Score
N/A N/A N/A N/A 3.00

PT HILLCON Tbk Quarterly Data
Dec19 Dec20 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Piotroski F-Score Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only N/A N/A N/A 3.00 N/A

Competitive Comparison of PT HILLCON Tbk's Piotroski F-Score

For the Other Industrial Metals & Mining subindustry, PT HILLCON Tbk's Piotroski F-Score, along with its competitors' market caps and Piotroski F-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 HILLCON Tbk's Piotroski F-Score Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, PT HILLCON Tbk's Piotroski F-Score distribution charts can be found below:

* The bar in red indicates where PT HILLCON Tbk's Piotroski F-Score falls into.


How is the Piotroski F-Score calculated?

* 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.

This Year (Mar24) TTM:Last Year (Mar23) TTM:
Net Income was 24898 + 112812 + 89931 + 3971 = Rp231,612 Mil.
Cash Flow from Operations was -424550 + 146754 + 154122 + 115423 = Rp-8,251 Mil.
Revenue was 819776 + 1136503 + 1158953 + 788906 = Rp3,904,138 Mil.
Gross Profit was 158003 + 286381 + 186479 + 13686 = Rp644,549 Mil.
Average Total Assets from the begining of this year (Mar23)
to the end of this year (Mar24) was
(4128428 + 4170985 + 4517914 + 4977374 + 5148826) / 5 = Rp4588705.4 Mil.
Total Assets at the begining of this year (Mar23) was Rp4,128,428 Mil.
Long-Term Debt & Capital Lease Obligation was Rp944,627 Mil.
Total Current Assets was Rp1,399,965 Mil.
Total Current Liabilities was Rp2,321,553 Mil.
Net Income was 32808 + 69928 + 95915 + 123437 = Rp322,088 Mil.

Revenue was 610290 + 859167 + 1094303 + 930516 = Rp3,494,276 Mil.
Gross Profit was 138444 + 228375 + 282246 + 235849 = Rp884,914 Mil.
Average Total Assets from the begining of last year (Mar22)
to the end of last year (Mar23) was
(0 + 0 + 3094788 + 3458221 + 4128428) / 5 = Rp3560479 Mil.
Total Assets at the begining of last year (Mar22) was Rp0 Mil.
Long-Term Debt & Capital Lease Obligation was Rp587,683 Mil.
Total Current Assets was Rp1,777,212 Mil.
Total Current Liabilities was Rp1,848,074 Mil.

*Note: If the latest quarterly/semi-annual/annual total assets data is 0, then we will use previous quarterly/semi-annual/annual data for all the items in the balance sheet.

Profitability

Question 1. Return on Assets (ROA)

Net income before extraordinary items for the year divided by Total Assets at the beginning of the year.

Score 1 if positive, 0 if negative.

PT HILLCON Tbk's current Net Income (TTM) was 231,612. ==> Positive ==> Score 1.

Question 2. Cash Flow Return on Assets (CFROA)

Net cash flow from operating activities (operating cash flow) divided by Total Assets at the beginning of the year.

Score 1 if positive, 0 if negative.

PT HILLCON Tbk's current Cash Flow from Operations (TTM) was -8,251. ==> Negative ==> Score 0.

Question 3. Change in Return on Assets

Compare this year's return on assets (1) to last year's return on assets.

Score 1 if it's higher, 0 if it's lower.

ROA (This Year)=Net Income/Total Assets (Mar23)
=231612/4128428
=0.05610174

ROA (Last Year)=Net Income/Total Assets (Mar22)
=322088/0
=

PT HILLCON Tbk's return on assets of this year was 0.05610174. PT HILLCON Tbk's return on assets of last year was . ==> This year is higher. ==> Score 1.

Question 4. Quality of Earnings (Accrual)

Compare Cash flow return on assets (2) to return on assets (1)

Score 1 if CFROA > ROA, 0 if CFROA <= ROA.

PT HILLCON Tbk's current Net Income (TTM) was 231,612. PT HILLCON Tbk's current Cash Flow from Operations (TTM) was -8,251. ==> -8,251 <= 231,612 ==> CFROA <= ROA ==> Score 0.

Funding

Question 5. Change in Gearing or Leverage

Compare this year's gearing (long-term debt divided by average total assets) to last year's gearing.

Score 0 if this year's gearing is higher, 1 otherwise.

Gearing (This Year: Mar24)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar23 to Mar24
=944627/4588705.4
=0.20585915

Gearing (Last Year: Mar23)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar22 to Mar23
=587683/3560479
=0.16505729

PT HILLCON Tbk's gearing of this year was 0.20585915. PT HILLCON Tbk's gearing of last year was 0.16505729. ==> Last year is lower than this year ==> Score 0.

Question 6. Change in Working Capital (Liquidity)

Compare this year's current ratio (current assets divided by current liabilities) to last year's current ratio.

Score 1 if this year's current ratio is higher, 0 if it's lower

Current Ratio (This Year: Mar24)=Total Current Assets/Total Current Liabilities
=1399965/2321553
=0.60302952

Current Ratio (Last Year: Mar23)=Total Current Assets/Total Current Liabilities
=1777212/1848074
=0.9616563

PT HILLCON Tbk's current ratio of this year was 0.60302952. PT HILLCON Tbk's current ratio of last year was 0.9616563. ==> Last year's current ratio is higher ==> Score 0.

Question 7. Change in Shares in Issue

Compare the number of shares in issue this year, to the number in issue last year.

Score 0 if there is larger number of shares in issue this year, 1 otherwise.

PT HILLCON Tbk's number of shares in issue this year was 2948.3. PT HILLCON Tbk's number of shares in issue last year was 2948.3. ==> There is smaller number of shares in issue this year, or the same. ==> Score 1.

Efficiency

Question 8. Change in Gross Margin

Compare this year's gross margin (Gross Profit divided by sales) to last year's.

Score 1 if this year's gross margin is higher, 0 if it's lower.

Gross Margin (This Year: TTM)=Gross Profit/Revenue
=644549/3904138
=0.16509381

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=884914/3494276
=0.25324674

PT HILLCON Tbk's gross margin of this year was 0.16509381. PT HILLCON Tbk's gross margin of last year was 0.25324674. ==> Last year's gross margin is higher ==> Score 0.

Question 9. Change in asset turnover

Compare this year's asset turnover (total sales for the year divided by total assets at the beginning of the year) to last year's asset turnover ratio.

Score 1 if this year's asset turnover ratio is higher, 0 if it's lower

Asset Turnover (This Year)=Revenue/Total Assets at the Beginning of This Year (Mar23)
=3904138/4128428
=0.94567182

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Mar22)
=3494276/0
=

PT HILLCON Tbk's asset turnover of this year was 0.94567182. PT HILLCON Tbk's asset turnover of last year was . ==> This year's asset turnover is higher. ==> Score 1.

Evaluation

Piotroski F-Score= Que. 1+ Que. 2+ Que. 3+Que. 4+Que. 5+Que. 6+Que. 7+Que. 8+Que. 9
=1+0+1+0+0+0+1+0+1
=4

Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3

PT HILLCON Tbk has an F-score of 4 indicating the company's financial situation is typical for a stable company.

PT HILLCON Tbk  (ISX:HILL) Piotroski F-Score Explanation

The developer of the system is Joseph D. Piotroski is relatively unknown accounting professor who shuns publicity and rarely gives interviews.

He graduated from the University of Illinois with a B.S. in accounting in 1989, received an M.B.A. from Indiana University in 1994. Five years later, in 1999, after earning a Ph.D. in accounting from the University of Michigan, he became an associate professor of accounting at the University of Chicago.

In 2000, he wrote a research paper called "Value Investing: The Use of Historical Financial Statement Information to Separate Winners from Losers" (pdf).

He wanted to see if he can develop a system (using a simple nine-point scoring system) that can increase the returns of a strategy of investing in low price to book (referred to in the paper as high book to market) value companies.

What he found was something that exceeded his most optimistic expectations.

Buying only those companies that scored highest (8 or 9) on his nine-point scale, or F-Score as he called it, over the 20 year period from 1976 to 1996 led to an average out-performance over the market of 13.4%.

Even more impressive were the results of a strategy of investing in the highest F-Score companies (8 or 9) and shorting companies with the lowest F-Score (0 or 1).

Over the same period from 1976 to 1996 (20 years) this strategy led to an average yearly return of 23%, substantially outperforming the average S&P 500 index return of 15.83% over the same period.


PT HILLCON Tbk Piotroski F-Score Related Terms

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PT HILLCON Tbk (ISX:HILL) Business Description

Traded in Other Exchanges
N/A
Address
Taman Modern, Blok R2 No.19 Cakung, PO Box: 1016, Jakarta, IDN, 13960
PT HILLCON Tbk is engaged in holding company activities and management consulting as well as mining services and construction services through its subsidiaries. The company has completed hundreds of projects, both large and small, with aspects of work safety, health safety, operating safety, and the environment. The Company has extensive experience as a coal and mineral mining contractor, civil contractor, earthworks, river basin construction, and dams. The company's operating segments are Mining Services, Construction Services, and others. The majority of revenue is derived from the Mining services segment.

PT HILLCON Tbk (ISX:HILL) Headlines

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