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PT Berlina TbkISX:BRNA +6.98%47 Piotroski F-Score is 6 as of Aug. 16, 2026, which is at its 10-year median of 6.00. GuruFocus rates ISX:BRNA with a GF Score™ of 47/100 and a GF Value™ of Rp761.92 (Fairly Valued). The stock has 3 warning signs investors should review. Among 394 Packaging & Containers companies, PT Berlina Tbk ranks better than 76.65% 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 Berlina Tbk has an F-score of 6 indicating the company's financial situation is typical for a stable company.
The historical rank and industry rank for PT Berlina Tbk's Piotroski F-Score or its related term are showing as below:
ISX:BRNA'
s Piotroski F-Score Range Over the Past 10 Years
Min: 3 Med: 6 Max: 8
Current: 6
During the past 13 years, the highest Piotroski F-Score of PT Berlina Tbk was 8. The lowest was 3. And the median was 6.
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 Berlina Tbk Piotroski F-Score Related Terms
PT Berlina Tbk Piotroski F-Score Historical Data
* Premium members only.
The historical data trend for PT Berlina 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.
ISX:BRNA vs SW, PKG, IP: Piotroski F-Score Comparison
For the Packaging & Containers subindustry, PT Berlina 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 Berlina Tbk Piotroski F-Score vs Packaging & Containers Industry
For the Packaging & Containers industry and Consumer Cyclical sector, PT Berlina Tbk's Piotroski F-Score distribution charts can be found below:
* The bar in red indicates where PT Berlina 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.
This Year (Jun26) TTM:
Last Year (Jun25) TTM:
Net Income was 142.935 + -2852.977 + 2222.537 + -4652.374 = Rp-5,140 Mil. Cash Flow from Operations was -16435.901 + 60794.536 + 26195.945 + -61.782 = Rp70,493 Mil. Revenue was 272067.17 + 245300.318 + 277601.508 + 322688.238 = Rp1,117,657 Mil. Gross Profit was 56022.78 + 35071.229 + 54300.211 + 65051.299 = Rp210,446 Mil.
Average Total Assets from the begining of this year (Jun25)
to the end of this year (Jun26) was
(2260705.312 + 2283237.51 + 2248802.55 + 2253803.997 + 2208156.144) / 5 = Rp2250941.1026 Mil. Total Assets at the begining of this year (Jun25) was Rp2,260,705 Mil. Long-Term Debt & Capital Lease Obligation was Rp537,990 Mil. Total Current Assets was Rp527,030 Mil. Total Current Liabilities was Rp470,717 Mil.
Net Income was -3966.061 + 285.35 + 8585.286 + 6691.615 = Rp11,596 Mil.
Revenue was 263172.079 + 257246.553 + 276117.073 + 242609.248 = Rp1,039,145 Mil. Gross Profit was 39059.225 + 20428.744 + 51613.396 + 45447.317 = Rp156,549 Mil.
Average Total Assets from the begining of last year (Jun24)
to the end of last year (Jun25) was
(1799868.397 + 1798599.36 + 2186369.531 + 2270506.252 + 2260705.312) / 5 = Rp2063209.7704 Mil. Total Assets at the begining of last year (Jun24) was Rp1,799,868 Mil. Long-Term Debt & Capital Lease Obligation was Rp681,592 Mil. Total Current Assets was Rp435,027 Mil. Total Current Liabilities was Rp408,360 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 Berlina Tbk's current Net Income (TTM) was -5,140.
==> Negative ==> Score 0.
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.
PT Berlina Tbk's return on assets of this year was -0.00227357. PT Berlina Tbk's return on assets of last year was 0.0064428.
==> 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 Berlina Tbk's gearing of this year was 0.23900687. PT Berlina Tbk's gearing of last year was 0.33035498.
==> 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
PT Berlina Tbk's current ratio of this year was 1.11963209. PT Berlina Tbk's current ratio of last year was 1.06530286.
==> 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 Berlina Tbk's number of shares in issue this year was 979.11. PT Berlina Tbk's number of shares in issue last year was 979.11.
==> 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 Berlina Tbk's gross margin of this year was 0.18829164. PT Berlina Tbk's gross margin of last year was 0.15065144.
==> 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
PT Berlina Tbk's asset turnover of this year was 0.49438431. PT Berlina Tbk's asset turnover of last year was 0.57734496.
==> Last year's asset turnover is higher ==> Score 0.
Evaluation
Piotroski F-Score
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6
Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3
PT Berlina Tbk has an F-score of 6 indicating the company's financial situation is typical for a stable company.
PT Berlina Tbk (ISX:BRNA) has a Piotroski F-Score of 6 as of Aug. 16, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on PT Berlina Tbk and its competitors. This is near median its historical median of 6.00. Over the past decade, PT Berlina Tbk's Piotroski F-Score has ranged from 3.00 to 8.00. According to the industry distribution chart, PT Berlina Tbk ranks #92 out of 394 companies in the Packaging & Containers industry, placing it in the top 23.4%.
Is PT Berlina Tbk's Piotroski F-Score too high?
PT Berlina Tbk's current Piotroski F-Score of 6 is near 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 Packaging & Containers industry median Piotroski F-Score is 5.00. PT Berlina Tbk's value of 6 is 20% above this industry median. Based on the distribution chart, PT Berlina Tbk ranks #92 out of 394 companies in the Packaging & Containers industry, which is in the top quartile — a strong position relative to peers. Overall, PT Berlina Tbk has a GF Score™ of 47/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does PT Berlina Tbk's Piotroski F-Score compare to SW and PKG?
According to the Packaging & Containers industry distribution chart, PT Berlina Tbk ranks #92 out of 394 companies for Piotroski F-Score. This places PT Berlina Tbk in the top 23% of its industry — outperforming the majority of peers. The industry median Piotroski F-Score is 5.00. PT Berlina Tbk's value of 6 is 20% above this benchmark. Historically, PT Berlina 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 5.00, PT Berlina 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 a Packaging & Containers company?
The median Piotroski F-Score among Packaging & Containers companies is 5.00, based on 394 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 Berlina Tbk's current Piotroski F-Score of 6 is 20% 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 Berlina Tbk and its competitors. For the Packaging & Containers 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 Berlina Tbk's current Piotroski F-Score is 6, which is near 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 Berlina Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Berlina Tbk (ISX:BRNA) is currently considered Fairly Valued. The stock's GF Value™ is Rp761.92, compared to a current price of Rp690.00 — trading 9.4% below its estimated fair value. The current Piotroski F-Score is 6, which is near median its 10-year median of 6.00 and 20% above the Packaging & Containers industry median of 5.00. PT Berlina Tbk's overall GF Score™ is 47/100 with 3 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 Berlina Tbk (ISX:BRNA), the current Piotroski F-Score is 6 as of Aug. 16, 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 Berlina Tbk (ISX:BRNA) Overvalued in 2026?
Based on GuruFocus' analysis, PT Berlina Tbk stock appears to be undervalued.
The current stock price of Rp690.00 is trading 9.4% below its estimated GF Value™ of Rp761.92.
GuruFocus considers PT Berlina Tbk to be Fairly Valued.
Key valuation signals for ISX:BRNA:
Piotroski F-Score: 6 (near median its 10-year median of 6.00)
GF Value™: Rp761.92 vs. price of Rp690.00 (9.4% below fair value)
Industry Position: 20% above the Packaging & Containers median (#92 of 394)
No single metric tells the full story. See the ISX:BRNA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
AddressJalan. Jababeka Raya Blok E12 - 17, Kawasan Industri Jababeka Cikarang, Desa Wangunharja, Kecamatan Cikarang Utara, Jawa Barat, Bekasi, IDN, 17530
PT Berlina Tbk is an Indonesia-based company in the plastic packaging manufacturing company. The company is involved in the production process range of blow moulding, injection moulding, decoration, mould shop, laminated tube, plastic tube, and others. The main focus of the group is to serve multi-national companies engaged in the field of cosmetics and care, household appliances, food and beverage, industrial goods, and others. Its segments include: Plastic packaging components, toothbrushes, and moulds segment, which are the main revenue generator for the company; and Laminated tubes and plastic coextrusion tubes segment. The company generates a majority of its revenue from Indonesia.
47GF Score
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