Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
PT Cisadanewit Raya TbkISX:CSRA -0.67%81 Piotroski F-Score is 6 as of Aug. 14, 2026, which is 14% below its 10-year median of 7.00. GuruFocus rates ISX:CSRA with a GF Score™ of 81/100 and a GF Value™ of Rp1,375.81 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 1,908 Consumer Packaged Goods companies, PT Cisadanewit Raya Tbk ranks better than 72.43% 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 Cisadanewit Raya 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 Cisadanewit Raya Tbk's Piotroski F-Score or its related term are showing as below:
ISX:CSRA'
s Piotroski F-Score Range Over the Past 10 Years
Min: 5 Med: 7 Max: 8
Current: 6
During the past 8 years, the highest Piotroski F-Score of PT Cisadanewit Raya Tbk was 8. The lowest was 5. And the median was 7.
PT Cisadanewit Raya Tbk (ISX:CSRA) 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 Cisadanewit Raya Tbk Piotroski F-Score Related Terms
PT Cisadanewit Raya Tbk Piotroski F-Score Historical Data
* Premium members only.
The historical data trend for PT Cisadanewit Raya 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:CSRA vs ADM, BG, TSN: Piotroski F-Score Comparison
For the Farm Products subindustry, PT Cisadanewit Raya 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 Cisadanewit Raya Tbk Piotroski F-Score vs Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, PT Cisadanewit Raya Tbk's Piotroski F-Score distribution charts can be found below:
* The bar in red indicates where PT Cisadanewit Raya 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 63087.985 + 71873.931 + 54854.869 + 83677.483 = Rp273,494 Mil. Cash Flow from Operations was 108564.407 + 142084.669 + 104442.245 + 96073.653 = Rp451,165 Mil. Revenue was 469613.13 + 589645.237 + 554617.379 + 541322.949 = Rp2,155,199 Mil. Gross Profit was 171690.539 + 186388.556 + 177970.194 + 113342.861 = Rp649,392 Mil.
Average Total Assets from the begining of this year (Mar25)
to the end of this year (Mar26) was
(2338992.659 + 2418950.142 + 2531017.344 + 2521825.089 + 2643369.307) / 5 = Rp2490830.9082 Mil. Total Assets at the begining of this year (Mar25) was Rp2,338,993 Mil. Long-Term Debt & Capital Lease Obligation was Rp473,438 Mil. Total Current Assets was Rp648,502 Mil. Total Current Liabilities was Rp437,050 Mil.
Net Income was 44403.528 + 58764.653 + 89455.007 + 78962.827 = Rp271,586 Mil.
Revenue was 242901.934 + 324934.66 + 307977.083 + 275393.839 = Rp1,151,208 Mil. Gross Profit was 108117.744 + 154615.227 + 137482.634 + 121179.362 = Rp521,395 Mil.
Average Total Assets from the begining of last year (Mar24)
to the end of last year (Mar25) was
(2154570.061 + 2135650.718 + 2207422.16 + 2251264.513 + 2338992.659) / 5 = Rp2217580.0222 Mil. Total Assets at the begining of last year (Mar24) was Rp2,154,570 Mil. Long-Term Debt & Capital Lease Obligation was Rp554,199 Mil. Total Current Assets was Rp501,951 Mil. Total Current Liabilities was Rp279,311 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 Cisadanewit Raya Tbk's current Net Income (TTM) was 273,494.
==> 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 Cisadanewit Raya Tbk's current Cash Flow from Operations (TTM) was 451,165.
==> 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 Cisadanewit Raya Tbk's return on assets of this year was 0.11692823. PT Cisadanewit Raya Tbk's return on assets of last year was 0.12605114.
==> 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 Cisadanewit Raya Tbk's gearing of this year was 0.19007214. PT Cisadanewit Raya Tbk's gearing of last year was 0.24991139.
==> 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 Cisadanewit Raya Tbk's current ratio of this year was 1.48381555. PT Cisadanewit Raya Tbk's current ratio of last year was 1.7971067.
==> 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 Cisadanewit Raya Tbk's number of shares in issue this year was 1954.893. PT Cisadanewit Raya Tbk's number of shares in issue last year was 2050.
==> 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 Cisadanewit Raya Tbk's gross margin of this year was 0.30131428. PT Cisadanewit Raya Tbk's gross margin of last year was 0.45291136.
==> 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 Cisadanewit Raya Tbk's asset turnover of this year was 0.92142174. PT Cisadanewit Raya Tbk's asset turnover of last year was 0.53430962.
==> This year's asset turnover is higher. ==> Score 1.
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
+
0
+
1
+
0
+
1
=
6
Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3
PT Cisadanewit Raya Tbk has an F-score of 6 indicating the company's financial situation is typical for a stable company.
PT Cisadanewit Raya Tbk (ISX:CSRA) has a Piotroski F-Score of 6 as of Aug. 14, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on PT Cisadanewit Raya Tbk and its competitors. This is 14% below median its historical median of 7.00. Over the past decade, PT Cisadanewit Raya Tbk's Piotroski F-Score has ranged from 5.00 to 8.00. According to the industry distribution chart, PT Cisadanewit Raya Tbk ranks #526 out of 1908 companies in the Consumer Packaged Goods industry, placing it in the top 27.6%.
Is PT Cisadanewit Raya Tbk's Piotroski F-Score too high?
PT Cisadanewit Raya Tbk's current Piotroski F-Score of 6 is 14% below median its 10-year median of 7.00. Over the past 10 years, this metric has ranged from a low of 5.00 to a high of 8.00. The Consumer Packaged Goods industry median Piotroski F-Score is 5.00. PT Cisadanewit Raya Tbk's value of 6 is 20% above this industry median. Based on the distribution chart, PT Cisadanewit Raya Tbk ranks #526 out of 1908 companies in the Consumer Packaged Goods industry, which is above the industry midpoint. Overall, PT Cisadanewit Raya Tbk has a GF Score™ of 81/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does PT Cisadanewit Raya Tbk's Piotroski F-Score compare to ADM and BG?
According to the Consumer Packaged Goods industry distribution chart, PT Cisadanewit Raya Tbk ranks #526 out of 1908 companies for Piotroski F-Score. This puts PT Cisadanewit Raya Tbk in the upper half of its industry. The industry median Piotroski F-Score is 5.00. PT Cisadanewit Raya Tbk's value of 6 is 20% above this benchmark. Historically, PT Cisadanewit Raya Tbk's own Piotroski F-Score has ranged from 5.00 to 8.00 over the past decade. While the company's 10-year median is 7.00 vs. the industry median of 5.00, PT Cisadanewit Raya 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 1,908 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 Cisadanewit Raya 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 Cisadanewit Raya 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 Cisadanewit Raya Tbk's current Piotroski F-Score is 6, which is 14% below 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 Cisadanewit Raya Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Cisadanewit Raya Tbk (ISX:CSRA) is currently considered Significantly Undervalued. The stock's GF Value™ is Rp1,375.81, compared to a current price of Rp740.00 — trading 46.2% below its estimated fair value. The current Piotroski F-Score is 6, which is 14% below median its 10-year median of 7.00 and 20% above the Consumer Packaged Goods industry median of 5.00. PT Cisadanewit Raya Tbk's overall GF Score™ is 81/100 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 Cisadanewit Raya Tbk (ISX:CSRA), the current Piotroski F-Score is 6 as of Aug. 14, 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 Cisadanewit Raya Tbk (ISX:CSRA) Overvalued in 2026?
Based on GuruFocus' analysis, PT Cisadanewit Raya Tbk stock appears to be undervalued.
The current stock price of Rp740.00 is trading 46.2% below its estimated GF Value™ of Rp1,375.81.
GuruFocus considers PT Cisadanewit Raya Tbk to be Significantly Undervalued.
Key valuation signals for ISX:CSRA:
Piotroski F-Score: 6 (14% below median its 10-year median of 7.00)
GF Value™: Rp1,375.81 vs. price of Rp740.00 (46.2% below fair value)
Industry Position: 20% above the Consumer Packaged Goods median (#526 of 1908)
No single metric tells the full story. See the ISX:CSRA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
PT Cisadane Sawit Raya Tbk develops oil palm plantations in Labuhan Batu Regency, North Sumatra Province. The company also has a palm oil mill in the plantation area to process fresh fruit bunches into crude palm oil. Its segments are Crude palm oil, Palm Kernel, and Plantation Industry. Geographically, the company operates in North Sumatra and South Sumatra.
81GF Score
Get the complete analysis for ISX:CSRA
Piotroski F-Score is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
ISX:CSRA has been successfully added to your 
