PT Dian Swastatika Sentosa Tbk (FRA:DSX) Piotroski F-Score: 3 (As of Jun. 27, 2026) — 50% Below Median


FRA:DSX PT Dian Swastatika Sentosa Tbk FRA:DSX
80 GF Score
Price €0.02
GF Value €0.10
Valuation Possible Value Trap
! 4 Warning Signs
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What is PT Dian Swastatika Sentosa Tbk Piotroski F-Score?

PT Dian Swastatika Sentosa Tbk FRA:DSX 80 Piotroski F-Score is 3 as of Jun. 27, 2026, which is 50% below its 10-year median of 6.00. GuruFocus rates FRA:DSX with a GF Score™ of 80/100 and a GF Value™ of €0.10 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 174 Other Energy Sources companies, PT Dian Swastatika Sentosa Tbk ranks worse than 60.34% on this metric.

Warning Sign:

Piotroski F-Score of 3 is low, which usually implies poor business operation.

The zones of discrimination were as such:

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

PT Dian Swastatika Sentosa Tbk has an F-score of 3. It is a bad or low score, which usually implies poor business operation.

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

FRA:DSX' s Piotroski F-Score Range Over the Past 10 Years
Min: 3   Med: 6   Max: 8
Current: 3

During the past 13 years, the highest Piotroski F-Score of PT Dian Swastatika Sentosa Tbk was 8. The lowest was 3. And the median was 6.

PT Dian Swastatika Sentosa Tbk  (FRA:DSX) 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 Dian Swastatika Sentosa Tbk Piotroski F-Score Related Terms


PT Dian Swastatika Sentosa Tbk Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for PT Dian Swastatika Sentosa 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.

PT Dian Swastatika Sentosa Tbk Piotroski F-Score Chart

PT Dian Swastatika Sentosa Tbk Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Piotroski F-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.00 7.00 6.00 6.00 3.00

PT Dian Swastatika Sentosa Tbk Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
Piotroski F-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 6.00 6.00 5.00 4.00 3.00

PT Dian Swastatika Sentosa Tbk Piotroski F-Score Competitor Comparison

For the Thermal Coal subindustry, PT Dian Swastatika Sentosa 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 Dian Swastatika Sentosa Tbk Piotroski F-Score vs Other Energy Sources Industry

For the Other Energy Sources industry and Energy sector, PT Dian Swastatika Sentosa Tbk's Piotroski F-Score distribution charts can be found below:

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


FRA:DSX
80GF Score
PT Dian Swastatika Sentosa Tbk FRA:DSX
Piotroski F-Score is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

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 (Dec25) TTM:Last Year (Dec24) TTM:
Net Income was 74.466 + 14.377 + 68.293 + 45.515 = €203 Mil.
Cash Flow from Operations was 159.228 + 73.741 + 3.894 + 58.063 = €295 Mil.
Revenue was 682.237 + 507.583 + 593.275 + 659.19 = €2,442 Mil.
Gross Profit was 266.107 + 166.441 + 179.816 + 214.31 = €827 Mil.
Average Total Assets from the begining of this year (Dec24)
to the end of this year (Dec25) was
(3528.793 + 3562.267 + 3365.543 + 3555.935 + 3770.367) / 5 = €3556.581 Mil.
Total Assets at the begining of this year (Dec24) was €3,529 Mil.
Long-Term Debt & Capital Lease Obligation was €1,106 Mil.
Total Current Assets was €1,555 Mil.
Total Current Liabilities was €705 Mil.
Net Income was 94.605 + 80.907 + 48.594 + 62.296 = €286 Mil.

Revenue was 733.039 + 672.541 + 650.061 + 740.685 = €2,796 Mil.
Gross Profit was 338.667 + 299.878 + 226.417 + 273.321 = €1,138 Mil.
Average Total Assets from the begining of last year (Dec23)
to the end of last year (Dec24) was
(2809.021 + 2858.659 + 2869.053 + 3165.067 + 3528.793) / 5 = €3046.1186 Mil.
Total Assets at the begining of last year (Dec23) was €2,809 Mil.
Long-Term Debt & Capital Lease Obligation was €822 Mil.
Total Current Assets was €1,908 Mil.
Total Current Liabilities was €819 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 Dian Swastatika Sentosa Tbk's current Net Income (TTM) was 203. ==> 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 Dian Swastatika Sentosa Tbk's current Cash Flow from Operations (TTM) was 295. ==> Positive ==> Score 1.

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 (Dec24)
=202.651/3528.793
=0.05742785

ROA (Last Year)=Net Income/Total Assets (Dec23)
=286.402/2809.021
=0.10195794

PT Dian Swastatika Sentosa Tbk's return on assets of this year was 0.05742785. PT Dian Swastatika Sentosa Tbk's return on assets of last year was 0.10195794. ==> Last year is higher ==> Score 0.

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 Dian Swastatika Sentosa Tbk's current Net Income (TTM) was 203. PT Dian Swastatika Sentosa Tbk's current Cash Flow from Operations (TTM) was 295. ==> 295 > 203 ==> CFROA > ROA ==> Score 1.

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: Dec25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Dec24 to Dec25
=1105.752/3556.581
=0.31090308

Gearing (Last Year: Dec24)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Dec23 to Dec24
=821.783/3046.1186
=0.26978037

PT Dian Swastatika Sentosa Tbk's gearing of this year was 0.31090308. PT Dian Swastatika Sentosa Tbk's gearing of last year was 0.26978037. ==> 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: Dec25)=Total Current Assets/Total Current Liabilities
=1555.158/705.474
=2.20441575

Current Ratio (Last Year: Dec24)=Total Current Assets/Total Current Liabilities
=1908.409/818.831
=2.33065065

PT Dian Swastatika Sentosa Tbk's current ratio of this year was 2.20441575. PT Dian Swastatika Sentosa Tbk's current ratio of last year was 2.33065065. ==> 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 Dian Swastatika Sentosa Tbk's number of shares in issue this year was 177065.623. PT Dian Swastatika Sentosa Tbk's number of shares in issue last year was 154732.123. ==> There is larger number of shares in issue this year. ==> Score 0.

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
=826.674/2442.285
=0.33848384

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=1138.283/2796.326
=0.40706377

PT Dian Swastatika Sentosa Tbk's gross margin of this year was 0.33848384. PT Dian Swastatika Sentosa Tbk's gross margin of last year was 0.40706377. ==> 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 (Dec24)
=2442.285/3528.793
=0.69210209

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Dec23)
=2796.326/2809.021
=0.99548063

PT Dian Swastatika Sentosa Tbk's asset turnover of this year was 0.69210209. PT Dian Swastatika Sentosa Tbk's asset turnover of last year was 0.99548063. ==> Last year's asset turnover is higher ==> Score 0.

Evaluation

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

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

PT Dian Swastatika Sentosa Tbk has an F-score of 3. It is a bad or low score, which usually implies poor business operation.

Frequently Asked Questions Learn more about Piotroski F-Score →
What does a Piotroski F-Score of 3 mean?
PT Dian Swastatika Sentosa Tbk (FRA:DSX) has a Piotroski F-Score of 3 as of Jun. 27, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on PT Dian Swastatika Sentosa Tbk and its competitors. This is 50% below median its historical median of 6.00. Over the past decade, PT Dian Swastatika Sentosa Tbk's Piotroski F-Score has ranged from 3.00 to 8.00. According to the industry distribution chart, PT Dian Swastatika Sentosa Tbk ranks #105 out of 174 companies in the Other Energy Sources industry, placing it in the top 60.3%.
Is PT Dian Swastatika Sentosa Tbk's Piotroski F-Score too high?
PT Dian Swastatika Sentosa Tbk's current Piotroski F-Score of 3 is 50% below median its 10-year median of 6.00. Over the past 10 years, this metric has ranged from a low of 3.00 to a high of 8.00. The Other Energy Sources industry median Piotroski F-Score is 4.00. PT Dian Swastatika Sentosa Tbk's value of 3 is 25% below this industry median. Based on the distribution chart, PT Dian Swastatika Sentosa Tbk ranks #105 out of 174 companies in the Other Energy Sources industry, which is below the industry midpoint. Overall, PT Dian Swastatika Sentosa Tbk has a GF Score™ of 80/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does PT Dian Swastatika Sentosa Tbk's Piotroski F-Score compare to competitors?
According to the Other Energy Sources industry distribution chart, PT Dian Swastatika Sentosa Tbk ranks #105 out of 174 companies for Piotroski F-Score. This places PT Dian Swastatika Sentosa Tbk in the lower half of its industry. The industry median Piotroski F-Score is 4.00. PT Dian Swastatika Sentosa Tbk's value of 3 is 25% below this benchmark. Historically, PT Dian Swastatika Sentosa Tbk's own Piotroski F-Score has ranged from 3.00 to 8.00 over the past decade. While the company's 10-year median is 6.00 vs. the industry median of 4.00, PT Dian Swastatika Sentosa 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 Piotroski F-Score for an Other Energy Sources company?
The median Piotroski F-Score among Other Energy Sources companies is 4.00, based on 174 companies in the industry. Companies in the top quartile (top 25%) have a Piotroski F-Score significantly above this median, while those in the bottom quartile fall well below. However, Piotroski F-Score should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. PT Dian Swastatika Sentosa Tbk's current Piotroski F-Score of 3 is 25% 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 Piotroski F-Score mean?
A high Piotroski F-Score can signal that a stock is expensive relative to its fundamentals. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on PT Dian Swastatika Sentosa Tbk and its competitors. For the Other Energy Sources industry, the median Piotroski F-Score is 4.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT Dian Swastatika Sentosa Tbk's current Piotroski F-Score is 3, which is 50% below median its own 10-year median of 6.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Dian Swastatika Sentosa Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Dian Swastatika Sentosa Tbk (FRA:DSX) is currently considered Possible Value Trap. The stock's GF Value™ is €0.10, compared to a current price of €0.02 — trading 77% below its estimated fair value. The current Piotroski F-Score is 3, which is 50% below median its 10-year median of 6.00 and 25% below the Other Energy Sources industry median of 4.00. PT Dian Swastatika Sentosa Tbk's overall GF Score™ is 80/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Piotroski F-Score calculated?
Piotroski F-Score is calculated from a company's financial statements. For PT Dian Swastatika Sentosa Tbk (FRA:DSX), the current Piotroski F-Score is 3 as of Jun. 27, 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 Dian Swastatika Sentosa Tbk (FRA:DSX) Overvalued in 2026?

Based on GuruFocus' analysis, PT Dian Swastatika Sentosa Tbk stock appears to be undervalued. The current stock price of €0.02 is trading 77% below its estimated GF Value™ of €0.10. GuruFocus considers PT Dian Swastatika Sentosa Tbk to be Possible Value Trap.

Key valuation signals for FRA:DSX:

  • Piotroski F-Score: 3 (50% below median its 10-year median of 6.00)
  • GF Value™: €0.10 vs. price of €0.02 (77% below fair value)
  • GF Score™: 80/100 with 4 warning signs
  • Industry Position: 25% below the Other Energy Sources median (#105 of 174)

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


PT Dian Swastatika Sentosa Tbk Business Description

Other Exchanges DSSA:IndonesiaDSX:Germany
Address Jl. M.H Thamrin No. 51, Tower II, 24th Floor, Sinar Mas Land Plaza, Jakarta, IDN, 10350
PT Dian Swastatika Sentosa Tbk is engaged in coal mining and trading. The company conducts its business activities through various segments such as the supply of steam and electricity, fertilizer and chemicals trading, rent, and coal mining and trading, which is also its key revenue-generating segment. Geographically, the company operates in Indonesia, China, India, Korea, Southeast Asia (excluding Indonesia), and other regions. The company of sales is from Indonesia.
80GF Score

Get the complete analysis for FRA:DSX

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

€0.02
Price
€0.10
GF Value