PT ABM Investama Tbk (ISX:ABMM) Piotroski F-Score: 7 (As of Jun. 26, 2026) — 17% Above Median


ISX:ABMM PT ABM Investama Tbk ISX:ABMM
65 GF Score
Price Rp2,390.00
GF Value Rp2,704.22
Valuation Modestly Undervalued
! 7 Warning Signs
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What is PT ABM Investama Tbk Piotroski F-Score?

PT ABM Investama Tbk ISX:ABMM +1.70% 65 Piotroski F-Score is 7 as of Jun. 26, 2026, which is 17% above its 10-year median of 6.00. GuruFocus rates ISX:ABMM with a GF Score™ of 65/100 and a GF Value™ of Rp2,704.22 (Modestly Undervalued). The stock has 7 warning signs investors should review. Among 174 Other Energy Sources companies, PT ABM Investama Tbk ranks better than 94.83% on this metric.

Good Sign:

Piotroski F-Score is 7, indicates a very healthy situation.

The zones of discrimination were as such:

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

PT ABM Investama Tbk has an F-score of 7. It is a good or high score, which usually indicates a very healthy situation.

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

ISX:ABMM' s Piotroski F-Score Range Over the Past 10 Years
Min: 4   Med: 6   Max: 9
Current: 7

During the past 13 years, the highest Piotroski F-Score of PT ABM Investama Tbk was 9. The lowest was 4. And the median was 6.

PT ABM Investama Tbk  (ISX:ABMM) 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 ABM Investama Tbk Piotroski F-Score Related Terms


PT ABM Investama Tbk Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for PT ABM Investama 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 ABM Investama Tbk Piotroski F-Score Chart

PT ABM Investama 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 5.00 6.00 5.00

PT ABM Investama Tbk Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 4.00 5.00 4.00 5.00 7.00

PT ABM Investama Tbk Piotroski F-Score Competitor Comparison

For the Thermal Coal subindustry, PT ABM Investama 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 ABM Investama Tbk Piotroski F-Score vs Other Energy Sources Industry

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

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


ISX:ABMM
65GF Score
PT ABM Investama Tbk ISX:ABMM
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 (Mar26) TTM:Last Year (Mar25) TTM:
Net Income was 102649.746 + 241646.857 + 471692.281 + 244222.858 = Rp1,060,212 Mil.
Cash Flow from Operations was 527470.305 + 613807.448 + 2186545.083 + 1316426.552 = Rp4,644,249 Mil.
Revenue was 4189313.271 + 4535740.227 + 4285745.313 + 3769405.272 = Rp16,780,204 Mil.
Gross Profit was 363057.834 + 512579.239 + 707964.454 + 217762.278 = Rp1,801,364 Mil.
Average Total Assets from the begining of this year (Mar25)
to the end of this year (Mar26) was
(33934128.443 + 33832550.766 + 34320886.16 + 34336635.218 + 34579440.993) / 5 = Rp34200728.316 Mil.
Total Assets at the begining of this year (Mar25) was Rp33,934,128 Mil.
Long-Term Debt & Capital Lease Obligation was Rp11,022,702 Mil.
Total Current Assets was Rp8,048,858 Mil.
Total Current Liabilities was Rp7,706,327 Mil.
Net Income was 663465.871 + 317642.509 + 439750.226 + 353286.826 = Rp1,774,145 Mil.

Revenue was 4949816.833 + 4904461.726 + 4916774.107 + 4117540.497 = Rp18,888,593 Mil.
Gross Profit was 470438.621 + 947418.656 + 109909.494 + 131617.952 = Rp1,659,385 Mil.
Average Total Assets from the begining of last year (Mar24)
to the end of last year (Mar25) was
(33978850.953 + 34480047.539 + 32790236.252 + 33602286.066 + 33934128.443) / 5 = Rp33757109.8506 Mil.
Total Assets at the begining of last year (Mar24) was Rp33,978,851 Mil.
Long-Term Debt & Capital Lease Obligation was Rp11,026,413 Mil.
Total Current Assets was Rp7,773,875 Mil.
Total Current Liabilities was Rp7,913,348 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 ABM Investama Tbk's current Net Income (TTM) was 1,060,212. ==> 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 ABM Investama Tbk's current Cash Flow from Operations (TTM) was 4,644,249. ==> 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 (Mar25)
=1060211.742/33934128.443
=0.03124323

ROA (Last Year)=Net Income/Total Assets (Mar24)
=1774145.432/33978850.953
=0.05221323

PT ABM Investama Tbk's return on assets of this year was 0.03124323. PT ABM Investama Tbk's return on assets of last year was 0.05221323. ==> 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 ABM Investama Tbk's current Net Income (TTM) was 1,060,212. PT ABM Investama Tbk's current Cash Flow from Operations (TTM) was 4,644,249. ==> 4,644,249 > 1,060,212 ==> 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: Mar26)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar25 to Mar26
=11022702.263/34200728.316
=0.32229437

Gearing (Last Year: Mar25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar24 to Mar25
=11026412.521/33757109.8506
=0.32663971

PT ABM Investama Tbk's gearing of this year was 0.32229437. PT ABM Investama Tbk's gearing of last year was 0.32663971. ==> This year is lower or equal to last year. ==> Score 1.

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: Mar26)=Total Current Assets/Total Current Liabilities
=8048858.115/7706326.5
=1.04444811

Current Ratio (Last Year: Mar25)=Total Current Assets/Total Current Liabilities
=7773874.693/7913348.221
=0.9823749

PT ABM Investama Tbk's current ratio of this year was 1.04444811. PT ABM Investama Tbk's current ratio of last year was 0.9823749. ==> This year's current ratio is higher. ==> Score 1.

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 ABM Investama Tbk's number of shares in issue this year was 2753.148. PT ABM Investama Tbk's number of shares in issue last year was 2753.795. ==> 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
=1801363.805/16780204.083
=0.10735053

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=1659384.723/18888593.163
=0.08785115

PT ABM Investama Tbk's gross margin of this year was 0.10735053. PT ABM Investama Tbk's gross margin of last year was 0.08785115. ==> This year's gross margin is higher. ==> Score 1.

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 (Mar25)
=16780204.083/33934128.443
=0.49449345

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Mar24)
=18888593.163/33978850.953
=0.55589264

PT ABM Investama Tbk's asset turnover of this year was 0.49449345. PT ABM Investama Tbk's asset turnover of last year was 0.55589264. ==> 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+1+1+1+1+0
=7

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

PT ABM Investama Tbk has an F-score of 7. It is a good or high score, which usually indicates a very healthy situation.

Frequently Asked Questions Learn more about Piotroski F-Score →
What does a Piotroski F-Score of 7 mean?
PT ABM Investama Tbk (ISX:ABMM) has a Piotroski F-Score of 7 as of Jun. 26, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on PT ABM Investama Tbk and its competitors. This is 17% above median its historical median of 6.00. Over the past decade, PT ABM Investama Tbk's Piotroski F-Score has ranged from 4.00 to 9.00. According to the industry distribution chart, PT ABM Investama Tbk ranks #9 out of 174 companies in the Other Energy Sources industry, placing it in the top 5.2%.
Is PT ABM Investama Tbk's Piotroski F-Score too high?
PT ABM Investama Tbk's current Piotroski F-Score of 7 is 17% above median its 10-year median of 6.00. Over the past 10 years, this metric has ranged from a low of 4.00 to a high of 9.00. The Other Energy Sources industry median Piotroski F-Score is 4.00. PT ABM Investama Tbk's value of 7 is 75% above this industry median. Based on the distribution chart, PT ABM Investama Tbk ranks #9 out of 174 companies in the Other Energy Sources industry, which is in the top quartile — a strong position relative to peers. Overall, PT ABM Investama Tbk has a GF Score™ of 65/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does PT ABM Investama Tbk's Piotroski F-Score compare to competitors?
According to the Other Energy Sources industry distribution chart, PT ABM Investama Tbk ranks #9 out of 174 companies for Piotroski F-Score. This places PT ABM Investama Tbk in the top 5% of its industry — outperforming the majority of peers. The industry median Piotroski F-Score is 4.00. PT ABM Investama Tbk's value of 7 is 75% above this benchmark. Historically, PT ABM Investama Tbk's own Piotroski F-Score has ranged from 4.00 to 9.00 over the past decade. While the company's 10-year median is 6.00 vs. the industry median of 4.00, PT ABM Investama 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 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 ABM Investama Tbk's current Piotroski F-Score of 7 is 75% 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 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 ABM Investama 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 ABM Investama Tbk's current Piotroski F-Score is 7, which is 17% above 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 ABM Investama Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT ABM Investama Tbk (ISX:ABMM) is currently considered Modestly Undervalued. The stock's GF Value™ is Rp2,704.22, compared to a current price of Rp2,390.00 — trading 11.6% below its estimated fair value. The current Piotroski F-Score is 7, which is 17% above median its 10-year median of 6.00 and 75% above the Other Energy Sources industry median of 4.00. PT ABM Investama Tbk's overall GF Score™ is 65/100 with 7 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 ABM Investama Tbk (ISX:ABMM), the current Piotroski F-Score is 7 as of Jun. 26, 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 ABM Investama Tbk (ISX:ABMM) Overvalued in 2026?

Based on GuruFocus' analysis, PT ABM Investama Tbk stock appears to be undervalued. The current stock price of Rp2,390.00 is trading 11.6% below its estimated GF Value™ of Rp2,704.22. GuruFocus considers PT ABM Investama Tbk to be Modestly Undervalued.

Key valuation signals for ISX:ABMM:

  • Piotroski F-Score: 7 (17% above median its 10-year median of 6.00)
  • GF Value™: Rp2,704.22 vs. price of Rp2,390.00 (11.6% below fair value)
  • GF Score™: 65/100 with 7 warning signs
  • Industry Position: 75% above the Other Energy Sources median (#9 of 174)

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


PT ABM Investama Tbk Business Description

Address Jalan Cilandak KKO No. 1, TMT 1 Building, 18th Floor, Suite 1802, Jakarta, IDN, 12560
PT ABM Investama Tbk is an Indonesia-based investment holding company managing a portfolio of business entities. The Company operates through two main sectors: Mining Value Chain (MVC) and Logistics, Engineering & New Businesses (LENB). Its integrated operations include mining concessions, mining contracting services, fuel management, coal shipping, logistics, industrial engineering, and renewable energy-related businesses. It operates through four segments: mining contractor and coal mining, which generate the majority of revenue and include mining solutions, engineering and project management, and coal mining; services, covering logistics and heavy equipment maintenance for the mining industry; fabrication; and others.
65GF Score

Get the complete analysis for ISX:ABMM

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

Rp2,390.00
Price
Rp2,704.22
GF Value