PT Citatah TbkISX:CTTH -0.84%29 Piotroski F-Score is 4 as of Jul. 03, 2026, which is at its 10-year median of 4.00. GuruFocus rates ISX:CTTH with a GF Score™ of 29/100 and a GF Value™ of Rp20.67 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 393 Building Materials companies, PT Citatah Tbk ranks worse than 70.74% 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 Citatah Tbk has an F-score of 4 indicating the company's financial situation is typical for a stable company.
The historical rank and industry rank for PT Citatah Tbk's Piotroski F-Score or its related term are showing as below:
ISX:CTTH'
s Piotroski F-Score Range Over the Past 10 Years
Min: 2 Med: 4 Max: 7
Current: 4
During the past 13 years, the highest Piotroski F-Score of PT Citatah Tbk was 7. The lowest was 2. And the median was 4.
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 Citatah Tbk Piotroski F-Score Related Terms
PT Citatah Tbk Piotroski F-Score Historical Data
* Premium members only.
The historical data trend for PT Citatah 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:CTTH vs CRH, VMC, MLM: Piotroski F-Score Comparison
For the Building Materials subindustry, PT Citatah 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 Citatah Tbk Piotroski F-Score vs Building Materials Industry
For the Building Materials industry and Basic Materials sector, PT Citatah Tbk's Piotroski F-Score distribution charts can be found below:
* The bar in red indicates where PT Citatah 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 -10274.763 + -538.721 + -10026.84 + -5753.297 = Rp-26,594 Mil. Cash Flow from Operations was -13675.483 + 9741.241 + -10304.612 + -3463.428 = Rp-17,702 Mil. Revenue was 28412.503 + 31105.648 + 28504.204 + 16730.856 = Rp104,753 Mil. Gross Profit was 4023.67 + 7136.698 + 9914.519 + 4182.832 = Rp25,258 Mil.
Average Total Assets from the begining of this year (Mar25)
to the end of this year (Mar26) was
(730699.341 + 710326.338 + 711004.521 + 658635.912 + 661845.65) / 5 = Rp694502.3524 Mil. Total Assets at the begining of this year (Mar25) was Rp730,699 Mil. Long-Term Debt & Capital Lease Obligation was Rp307,076 Mil. Total Current Assets was Rp370,485 Mil. Total Current Liabilities was Rp134,333 Mil.
Net Income was -4524.04 + 4432.708 + -16640.123 + -2512.052 = Rp-19,244 Mil.
Revenue was 32055.926 + 40473.101 + 35613.069 + 28817.257 = Rp136,959 Mil. Gross Profit was 2338.846 + 12396.789 + 6807.638 + 7121.318 = Rp28,665 Mil.
Average Total Assets from the begining of last year (Mar24)
to the end of last year (Mar25) was
(755205.615 + 758021.373 + 750049.151 + 733392.899 + 730699.341) / 5 = Rp745473.6758 Mil. Total Assets at the begining of last year (Mar24) was Rp755,206 Mil. Long-Term Debt & Capital Lease Obligation was Rp318,103 Mil. Total Current Assets was Rp407,685 Mil. Total Current Liabilities was Rp154,768 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 Citatah Tbk's current Net Income (TTM) was -26,594.
==> 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 Citatah Tbk's return on assets of this year was -0.03639475. PT Citatah Tbk's return on assets of last year was -0.02548115.
==> 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 Citatah Tbk's gearing of this year was 0.44215199. PT Citatah Tbk's gearing of last year was 0.42671233.
==> 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 Citatah Tbk's current ratio of this year was 2.7579649. PT Citatah Tbk's current ratio of last year was 2.63416906.
==> 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 Citatah Tbk's number of shares in issue this year was 1230.84. PT Citatah Tbk's number of shares in issue last year was 1230.84.
==> 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 Citatah Tbk's gross margin of this year was 0.24111642. PT Citatah Tbk's gross margin of last year was 0.20929269.
==> 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 Citatah Tbk's asset turnover of this year was 0.14336021. PT Citatah Tbk's asset turnover of last year was 0.18135373.
==> Last year's asset turnover is higher ==> Score 0.
Evaluation
Piotroski F-Score
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Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3
PT Citatah Tbk has an F-score of 4 indicating the company's financial situation is typical for a stable company.
PT Citatah Tbk (ISX:CTTH) has a Piotroski F-Score of 4 as of Jul. 03, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on PT Citatah Tbk and its competitors. This is near median its historical median of 4.00. Over the past decade, PT Citatah Tbk's Piotroski F-Score has ranged from 2.00 to 7.00. According to the industry distribution chart, PT Citatah Tbk ranks #278 out of 393 companies in the Building Materials industry, placing it in the top 70.7%.
Is PT Citatah Tbk's Piotroski F-Score too high?
PT Citatah Tbk's current Piotroski F-Score of 4 is near median its 10-year median of 4.00. Over the past 10 years, this metric has ranged from a low of 2.00 to a high of 7.00. The Building Materials industry median Piotroski F-Score is 5.00. PT Citatah Tbk's value of 4 is 20% below this industry median. Based on the distribution chart, PT Citatah Tbk ranks #278 out of 393 companies in the Building Materials industry, which is below the industry midpoint. Overall, PT Citatah Tbk has a GF Score™ of 29/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does PT Citatah Tbk's Piotroski F-Score compare to CRH and VMC?
According to the Building Materials industry distribution chart, PT Citatah Tbk ranks #278 out of 393 companies for Piotroski F-Score. This places PT Citatah Tbk in the lower half of its industry. The industry median Piotroski F-Score is 5.00. PT Citatah Tbk's value of 4 is 20% below this benchmark. Historically, PT Citatah Tbk's own Piotroski F-Score has ranged from 2.00 to 7.00 over the past decade. While the company's 10-year median is 4.00 vs. the industry median of 5.00, PT Citatah 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 Building Materials company?
The median Piotroski F-Score among Building Materials companies is 5.00, based on 393 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 Citatah 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 Citatah Tbk and its competitors. For the Building Materials 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 Citatah Tbk's current Piotroski F-Score is 4, which is near median its own 10-year median of 4.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Citatah Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Citatah Tbk (ISX:CTTH) is currently considered Significantly Overvalued. The stock's GF Value™ is Rp20.67, compared to a current price of Rp118.00 — trading 470.9% above its estimated fair value. The current Piotroski F-Score is 4, which is near median its 10-year median of 4.00 and 20% below the Building Materials industry median of 5.00. PT Citatah Tbk's overall GF Score™ is 29/100 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 Citatah Tbk (ISX:CTTH), the current Piotroski F-Score is 4 as of Jul. 03, 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 Citatah Tbk (ISX:CTTH) Overvalued in 2026?
Based on GuruFocus' analysis, PT Citatah Tbk stock appears to be overvalued.
The current stock price of Rp118.00 is trading 470.9% above its estimated GF Value™ of Rp20.67.
GuruFocus considers PT Citatah Tbk to be Significantly Overvalued.
Key valuation signals for ISX:CTTH:
Piotroski F-Score: 4 (near median its 10-year median of 4.00)
GF Value™: Rp20.67 vs. price of Rp118.00 (470.9% above fair value)
Industry Position: 20% below the Building Materials median (#278 of 393)
No single metric tells the full story. See the ISX:CTTH stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
PT Citatah Tbk is engaged in mining and importing natural stone, processing stones at its Pangkep and Karawang plants, holding exclusive distributorships of international surface covering products, providing design and engineering services, and distributing products to both domestic and international markets. It provides range of international branded surfaces products including Bisazza, Caesarstone, Geoluxe, Nextep Leathers, dan Grespania, S.A., and LX Hausys. Its segments include Limestone; and Imported Building Materials.
29GF Score
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