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 Charoen Pokphand Indonesia 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 Charoen Pokphand Indonesia Tbk's Piotroski F-Score or its related term are showing as below:
ISX:CPIN'
s Piotroski F-Score Range Over the Past 10 Years
Min: 3 Med: 7 Max: 9
Current: 7
During the past 13 years, the highest Piotroski F-Score of PT Charoen Pokphand Indonesia Tbk was 9. The lowest was 3. And the median was 7.
PT Charoen Pokphand Indonesia Tbk (ISX:CPIN) 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 Charoen Pokphand Indonesia Tbk Piotroski F-Score Related Terms
PT Charoen Pokphand Indonesia 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.
PT Charoen Pokphand Indonesia Tbk Piotroski F-Score Chart
ISX:CPIN vs ADM, BG, TSN: Piotroski F-Score Comparison
For the Farm Products subindustry, PT Charoen Pokphand Indonesia 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 Charoen Pokphand Indonesia Tbk Piotroski F-Score vs Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, PT Charoen Pokphand Indonesia Tbk's Piotroski F-Score distribution charts can be found below:
* The bar in red indicates where PT Charoen Pokphand Indonesia 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 (Mar26) TTM:
Last Year (Mar25) TTM:
Net Income was 363359 + 1464653 + 2278820 + 2577936 = Rp6,684,768 Mil. Cash Flow from Operations was -464647 + 1881152 + 1758781 + 3437602 = Rp6,612,888 Mil. Revenue was 15356986 + 17542859 + 20100446 + 19952120 = Rp72,952,411 Mil. Gross Profit was 1592554 + 3347603 + 4349865 + 4458782 = Rp13,748,804 Mil.
Average Total Assets from the begining of this year (Mar25)
to the end of this year (Mar26) was
(43765363 + 43149273 + 43716001 + 45857963 + 48484558) / 5 = Rp44994631.6 Mil. Total Assets at the begining of this year (Mar25) was Rp43,765,363 Mil. Long-Term Debt & Capital Lease Obligation was Rp3,542,734 Mil. Total Current Assets was Rp27,530,222 Mil. Total Current Liabilities was Rp7,209,760 Mil.
Net Income was 1057042 + 618722 + 1326124 + 1537031 = Rp4,538,919 Mil.
Revenue was 17049353 + 16756753 + 17759266 + 17704697 = Rp69,270,069 Mil. Gross Profit was 2825840 + 2023450 + 3444694 + 3130435 = Rp11,424,419 Mil.
Average Total Assets from the begining of last year (Mar24)
to the end of last year (Mar25) was
(43539708 + 42659855 + 42924264 + 42791000 + 43765363) / 5 = Rp43136038 Mil. Total Assets at the begining of last year (Mar24) was Rp43,539,708 Mil. Long-Term Debt & Capital Lease Obligation was Rp3,137,296 Mil. Total Current Assets was Rp22,408,711 Mil. Total Current Liabilities was Rp7,875,217 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 Charoen Pokphand Indonesia Tbk's current Net Income (TTM) was 6,684,768.
==> 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 Charoen Pokphand Indonesia Tbk's current Cash Flow from Operations (TTM) was 6,612,888.
==> 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.
PT Charoen Pokphand Indonesia Tbk's return on assets of this year was 0.15274106. PT Charoen Pokphand Indonesia Tbk's return on assets of last year was 0.10424781.
==> This year is higher. ==> Score 1.
Question 4. Quality of Earnings (Accrual)
Compare Cash flow return on assets (2) to return on assets (1)
PT Charoen Pokphand Indonesia Tbk's gearing of this year was 0.07873682. PT Charoen Pokphand Indonesia Tbk's gearing of last year was 0.07273028.
==> 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 Charoen Pokphand Indonesia Tbk's current ratio of this year was 3.8184658. PT Charoen Pokphand Indonesia Tbk's current ratio of last year was 2.84547219.
==> 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 Charoen Pokphand Indonesia Tbk's number of shares in issue this year was 16398. PT Charoen Pokphand Indonesia Tbk's number of shares in issue last year was 16398.
==> 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 Charoen Pokphand Indonesia Tbk's gross margin of this year was 0.18846264. PT Charoen Pokphand Indonesia Tbk's gross margin of last year was 0.16492576.
==> 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 Charoen Pokphand Indonesia Tbk's asset turnover of this year was 1.66689834. PT Charoen Pokphand Indonesia Tbk's asset turnover of last year was 1.5909631.
==> This year's asset turnover is higher. ==> Score 1.
Evaluation
Piotroski F-Score
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7
Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3
PT Charoen Pokphand Indonesia Tbk has an F-score of 7. It is a good or high score, which usually indicates a very healthy situation.
PT Charoen Pokphand Indonesia Tbk (ISX:CPIN) has a Piotroski F-Score of 7 as of Jun. 28, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on PT Charoen Pokphand Indonesia Tbk and its competitors. This is near median its historical median of 7.00. Over the past decade, PT Charoen Pokphand Indonesia Tbk's Piotroski F-Score has ranged from 3.00 to 9.00. According to the industry distribution chart, PT Charoen Pokphand Indonesia Tbk ranks #219 out of 1910 companies in the Consumer Packaged Goods industry, placing it in the top 11.5%.
Is PT Charoen Pokphand Indonesia Tbk's Piotroski F-Score too high?
PT Charoen Pokphand Indonesia Tbk's current Piotroski F-Score of 7 is near median its 10-year median of 7.00. Over the past 10 years, this metric has ranged from a low of 3.00 to a high of 9.00. The Consumer Packaged Goods industry median Piotroski F-Score is 5.00. PT Charoen Pokphand Indonesia Tbk's value of 7 is 40% above this industry median. Based on the distribution chart, PT Charoen Pokphand Indonesia Tbk ranks #219 out of 1910 companies in the Consumer Packaged Goods industry, which is in the top quartile — a strong position relative to peers. Overall, PT Charoen Pokphand Indonesia Tbk has a GF Score™ of 86/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does PT Charoen Pokphand Indonesia Tbk's Piotroski F-Score compare to ADM and BG?
According to the Consumer Packaged Goods industry distribution chart, PT Charoen Pokphand Indonesia Tbk ranks #219 out of 1910 companies for Piotroski F-Score. This places PT Charoen Pokphand Indonesia Tbk in the top 12% of its industry — outperforming the majority of peers. The industry median Piotroski F-Score is 5.00. PT Charoen Pokphand Indonesia Tbk's value of 7 is 40% above this benchmark. Historically, PT Charoen Pokphand Indonesia Tbk's own Piotroski F-Score has ranged from 3.00 to 9.00 over the past decade. While the company's 10-year median is 7.00 vs. the industry median of 5.00, PT Charoen Pokphand Indonesia 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 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 Charoen Pokphand Indonesia Tbk's current Piotroski F-Score of 7 is 40% 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 Charoen Pokphand Indonesia 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 Charoen Pokphand Indonesia Tbk's current Piotroski F-Score is 7, which is near median its own 10-year median of 7.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Charoen Pokphand Indonesia Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Charoen Pokphand Indonesia Tbk (ISX:CPIN) is currently considered Significantly Undervalued. The stock's GF Value™ is Rp5,549.61, compared to a current price of Rp3,160.00 — trading 43.1% below its estimated fair value. The current Piotroski F-Score is 7, which is near median its 10-year median of 7.00 and 40% above the Consumer Packaged Goods industry median of 5.00. PT Charoen Pokphand Indonesia Tbk's overall GF Score™ is 86/100 with 2 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 Charoen Pokphand Indonesia Tbk (ISX:CPIN), the current Piotroski F-Score is 7 as of Jun. 28, 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 Charoen Pokphand Indonesia Tbk (ISX:CPIN) Overvalued in 2026?
Based on GuruFocus' analysis, PT Charoen Pokphand Indonesia Tbk stock appears to be undervalued.
The current stock price of Rp3,160.00 is trading 43.1% below its estimated GF Value™ of Rp5,549.61.
GuruFocus considers PT Charoen Pokphand Indonesia Tbk to be Significantly Undervalued.
Key valuation signals for ISX:CPIN:
Piotroski F-Score: 7 (near median its 10-year median of 7.00)
GF Value™: Rp5,549.61 vs. price of Rp3,160.00 (43.1% below fair value)
Industry Position: 40% above the Consumer Packaged Goods median (#219 of 1910)
No single metric tells the full story. See the ISX:CPIN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
PT Charoen Pokphand Indonesia Tbk Business Description
PT Charoen Pokphand Indonesia Tbk, a subsidiary of PT Central Agromina, is a consumer goods company. It produces and sells poultry feed, day old chicks, and processed chicken in Indonesia. The company offers its products under brands like Royal Feed, Hi-Pro-Vite, Bintang, Bonavite, Hi-Pro, Turbo Feed, Okey Brands, Champ, and TIJI brands. Its segments include: Feed; Broiler; Day Old Chicks (DOC), processed chicken, and others. The majority revenue contributor is the Broiler segment. The other segment consists of packaging and poultry equipment.
86GF Score
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