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PT Tunas Baru Lampung TbkFRA:T2L 77 Piotroski F-Score is 4 as of Aug. 18, 2026, which is 20% below its 10-year median of 5.00. GuruFocus rates FRA:T2L with a GF Score™ of 77/100 and a GF Value™ of €0.03. The stock has 5 warning signs investors should review. Among 1,910 Consumer Packaged Goods companies, PT Tunas Baru Lampung Tbk ranks worse than 67.85% on this metric.
The zones of discrimination were as such:
Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3
PT Tunas Baru Lampung 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 Tunas Baru Lampung Tbk's Piotroski F-Score or its related term are showing as below:
FRA:T2L'
s Piotroski F-Score Range Over the Past 10 Years
Min: 2 Med: 5 Max: 9
Current: 4
During the past 13 years, the highest Piotroski F-Score of PT Tunas Baru Lampung Tbk was 9. The lowest was 2. And the median was 5.
PT Tunas Baru Lampung Tbk (FRA:T2L) 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.
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 Tunas Baru Lampung Tbk Piotroski F-Score Related Terms
PT Tunas Baru Lampung Tbk Piotroski F-Score Historical Data
* 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 Packaged Foods subindustry, PT Tunas Baru Lampung 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 Tunas Baru Lampung Tbk Piotroski F-Score vs Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, PT Tunas Baru Lampung Tbk's Piotroski F-Score distribution charts can be found below:
* The bar in red indicates where PT Tunas Baru Lampung Tbk's Piotroski F-Score falls into.
* 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.
*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 Tunas Baru Lampung Tbk's current Net Income (TTM) was 45.
==> 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 Tunas Baru Lampung Tbk's current Cash Flow from Operations (TTM) was -26.
==> 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.
PT Tunas Baru Lampung Tbk's return on assets of this year was 0.03065932. PT Tunas Baru Lampung Tbk's return on assets of last year was 0.03220292.
==> Last year is higher ==> Score 0.
Question 4. Quality of Earnings (Accrual)
Compare Cash flow return on assets (2) to return on assets (1)
PT Tunas Baru Lampung Tbk's gearing of this year was 0.25693633. PT Tunas Baru Lampung Tbk's gearing of last year was 0.25325321.
==> 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
PT Tunas Baru Lampung Tbk's current ratio of this year was 1.22721634. PT Tunas Baru Lampung Tbk's current ratio of last year was 1.24861465.
==> 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 Tunas Baru Lampung Tbk's number of shares in issue this year was 6004.151. PT Tunas Baru Lampung Tbk's number of shares in issue last year was 6007.162.
==> 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.
PT Tunas Baru Lampung Tbk's gross margin of this year was 0.16838066. PT Tunas Baru Lampung Tbk's gross margin of last year was 0.16892082.
==> 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
PT Tunas Baru Lampung Tbk's asset turnover of this year was 0.83129027. PT Tunas Baru Lampung Tbk's asset turnover of last year was 0.74701683.
==> This year's asset turnover is higher. ==> Score 1.
Evaluation
Piotroski F-Score
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3
Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3
PT Tunas Baru Lampung Tbk has an F-score of 3. It is a bad or low score, which usually implies poor business operation.
PT Tunas Baru Lampung Tbk (FRA:T2L) has a Piotroski F-Score of 4 as of Aug. 18, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on PT Tunas Baru Lampung Tbk and its competitors. This is 20% below median its historical median of 5.00. Over the past decade, PT Tunas Baru Lampung Tbk's Piotroski F-Score has ranged from 2.00 to 9.00. According to the industry distribution chart, PT Tunas Baru Lampung Tbk ranks #1296 out of 1910 companies in the Consumer Packaged Goods industry, placing it in the top 67.9%.
Is PT Tunas Baru Lampung Tbk's Piotroski F-Score too high?
PT Tunas Baru Lampung Tbk's current Piotroski F-Score of 4 is 20% below median its 10-year median of 5.00. Over the past 10 years, this metric has ranged from a low of 2.00 to a high of 9.00. The Consumer Packaged Goods industry median Piotroski F-Score is 5.00. PT Tunas Baru Lampung Tbk's value of 4 is 20% below this industry median. Based on the distribution chart, PT Tunas Baru Lampung Tbk ranks #1296 out of 1910 companies in the Consumer Packaged Goods industry, which is below the industry midpoint. Overall, PT Tunas Baru Lampung Tbk has a GF Score™ of 77/100, reflecting its overall financial health beyond just this single metric.
How does PT Tunas Baru Lampung Tbk's Piotroski F-Score compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, PT Tunas Baru Lampung Tbk ranks #1296 out of 1910 companies for Piotroski F-Score. This places PT Tunas Baru Lampung Tbk in the lower half of its industry. The industry median Piotroski F-Score is 5.00. PT Tunas Baru Lampung Tbk's value of 4 is 20% below this benchmark. Historically, PT Tunas Baru Lampung Tbk's own Piotroski F-Score has ranged from 2.00 to 9.00 over the past decade. While the company's 10-year median is 5.00 vs. the industry median of 5.00, 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 Piotroski F-Score for a Consumer Packaged Goods company?
The median Piotroski F-Score among Consumer Packaged Goods companies is 5.00, based on 1,910 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 Tunas Baru Lampung Tbk's current Piotroski F-Score of 4 is 20% 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 Tunas Baru Lampung Tbk and its competitors. For the Consumer Packaged Goods industry, the median Piotroski F-Score is 5.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT Tunas Baru Lampung Tbk's current Piotroski F-Score is 4, which is 20% below median its own 10-year median of 5.00. 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?
PT Tunas Baru Lampung Tbk (FRA:T2L) has a current Piotroski F-Score of 4. The stock's GF Value™ is €0.03, compared to a current price of €0.02 — trading 25% below its estimated fair value. The current Piotroski F-Score is 4, which is 20% below median its 10-year median of 5.00 and 20% below the Consumer Packaged Goods industry median of 5.00. PT Tunas Baru Lampung Tbk's overall GF Score™ is 77/100 with 5 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 Tunas Baru Lampung Tbk (FRA:T2L), the current Piotroski F-Score is 4 as of Aug. 18, 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 (FRA: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 25% below its estimated GF Value™ of €0.03.
Key valuation signals for FRA:T2L:
Piotroski F-Score: 4 (20% below median its 10-year median of 5.00)
GF Value™: €0.03 vs. price of €0.02 (25% below fair value)
Industry Position: 20% below the Consumer Packaged Goods median (#1296 of 1910)
No single metric tells the full story. See the FRA:T2L stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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.
77GF Score
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