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PT Dharmatya Nusantara TbkISX:DSNG 96 Piotroski F-Score is 9 as of Jul. 18, 2026, which is 29% above its 10-year median of 7.00. GuruFocus rates ISX:DSNG with a GF Score™ of 96/100 and a GF Value™ of Rp977.79 (Modestly Overvalued). Among 1,915 Consumer Packaged Goods companies, PT Dharmatya Nusantara Tbk ranks better than 99.95% on this metric.
Good Sign:
Piotroski F-Score is 9, 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 Dharmatya Nusantara Tbk has an F-score of 9. It is a good or high score, which usually indicates a very healthy situation.
The historical rank and industry rank for PT Dharmatya Nusantara Tbk's Piotroski F-Score or its related term are showing as below:
ISX:DSNG'
s Piotroski F-Score Range Over the Past 10 Years
Min: 2 Med: 7 Max: 9
Current: 9
During the past 13 years, the highest Piotroski F-Score of PT Dharmatya Nusantara Tbk was 9. The lowest was 2. And the median was 7.
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 Dharmatya Nusantara Tbk Piotroski F-Score Related Terms
PT Dharmatya Nusantara 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.
ISX:DSNG vs ADM, BG, TSN: Piotroski F-Score Comparison
For the Farm Products subindustry, PT Dharmatya Nusantara 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 Dharmatya Nusantara Tbk Piotroski F-Score vs Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, PT Dharmatya Nusantara Tbk's Piotroski F-Score distribution charts can be found below:
* The bar in red indicates where PT Dharmatya Nusantara 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 547614 + 401143 + 523575 + 430436 = Rp1,902,768 Mil. Cash Flow from Operations was 810770 + 729998 + 709039 + 513805 = Rp2,763,612 Mil. Revenue was 3402046 + 2864063 + 3369794 + 2886350 = Rp12,522,253 Mil. Gross Profit was 1161455 + 878001 + 1016570 + 809509 = Rp3,865,535 Mil.
Average Total Assets from the begining of this year (Mar25)
to the end of this year (Mar26) was
(17635653 + 17544731 + 17204328 + 17617196 + 17758416) / 5 = Rp17552064.8 Mil. Total Assets at the begining of this year (Mar25) was Rp17,635,653 Mil. Long-Term Debt & Capital Lease Obligation was Rp3,015,993 Mil. Total Current Assets was Rp3,300,604 Mil. Total Current Liabilities was Rp2,174,023 Mil.
Net Income was 277505 + 356974 + 281952 + 368158 = Rp1,284,589 Mil.
Revenue was 2472810 + 2468651 + 2947295 + 2678809 = Rp10,567,565 Mil. Gross Profit was 720539 + 807169 + 863463 + 793958 = Rp3,185,129 Mil.
Average Total Assets from the begining of last year (Mar24)
to the end of last year (Mar25) was
(17025829 + 17228850 + 17438527 + 17412416 + 17635653) / 5 = Rp17348255 Mil. Total Assets at the begining of last year (Mar24) was Rp17,025,829 Mil. Long-Term Debt & Capital Lease Obligation was Rp4,262,863 Mil. Total Current Assets was Rp3,156,585 Mil. Total Current Liabilities was Rp2,595,013 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 Dharmatya Nusantara Tbk's current Net Income (TTM) was 1,902,768.
==> 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 Dharmatya Nusantara Tbk's current Cash Flow from Operations (TTM) was 2,763,612.
==> 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 Dharmatya Nusantara Tbk's return on assets of this year was 0.10789325. PT Dharmatya Nusantara Tbk's return on assets of last year was 0.07544942.
==> 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 Dharmatya Nusantara Tbk's gearing of this year was 0.17183124. PT Dharmatya Nusantara Tbk's gearing of last year was 0.24572287.
==> 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 Dharmatya Nusantara Tbk's current ratio of this year was 1.51820105. PT Dharmatya Nusantara Tbk's current ratio of last year was 1.21640431.
==> 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 Dharmatya Nusantara Tbk's number of shares in issue this year was 10599.84. PT Dharmatya Nusantara Tbk's number of shares in issue last year was 10599.84.
==> 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 Dharmatya Nusantara Tbk's gross margin of this year was 0.30869325. PT Dharmatya Nusantara Tbk's gross margin of last year was 0.30140614.
==> 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 Dharmatya Nusantara Tbk's asset turnover of this year was 0.71005327. PT Dharmatya Nusantara Tbk's asset turnover of last year was 0.62067844.
==> This year's asset turnover is higher. ==> Score 1.
Evaluation
Piotroski F-Score
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Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3
PT Dharmatya Nusantara Tbk has an F-score of 9. It is a good or high score, which usually indicates a very healthy situation.
PT Dharmatya Nusantara Tbk (ISX:DSNG) has a Piotroski F-Score of 9 as of Jul. 18, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on PT Dharmatya Nusantara Tbk and its competitors. This is 29% above median its historical median of 7.00. Over the past decade, PT Dharmatya Nusantara Tbk's Piotroski F-Score has ranged from 2.00 to 9.00. According to the industry distribution chart, PT Dharmatya Nusantara Tbk ranks #1 out of 1915 companies in the Consumer Packaged Goods industry, placing it in the top 0.099999999999994%.
Is PT Dharmatya Nusantara Tbk's Piotroski F-Score too high?
PT Dharmatya Nusantara Tbk's current Piotroski F-Score of 9 is 29% above median its 10-year median of 7.00. Over the past 10 years, this metric has ranged from a low of 2.00 to a high of 9.00. The Consumer Packaged Goods industry median Piotroski F-Score is 5.00. PT Dharmatya Nusantara Tbk's value of 9 is 80% above this industry median. Based on the distribution chart, PT Dharmatya Nusantara Tbk ranks #1 out of 1915 companies in the Consumer Packaged Goods industry, which is in the top quartile — a strong position relative to peers. Overall, PT Dharmatya Nusantara Tbk has a GF Score™ of 96/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does PT Dharmatya Nusantara Tbk's Piotroski F-Score compare to ADM and BG?
According to the Consumer Packaged Goods industry distribution chart, PT Dharmatya Nusantara Tbk ranks #1 out of 1915 companies for Piotroski F-Score. This places PT Dharmatya Nusantara Tbk in the top 0% of its industry — outperforming the majority of peers. The industry median Piotroski F-Score is 5.00. PT Dharmatya Nusantara Tbk's value of 9 is 80% above this benchmark. Historically, PT Dharmatya Nusantara Tbk's own Piotroski F-Score has ranged from 2.00 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 Dharmatya Nusantara 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 1,915 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 Dharmatya Nusantara Tbk's current Piotroski F-Score of 9 is 80% 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 Dharmatya Nusantara 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 Dharmatya Nusantara Tbk's current Piotroski F-Score is 9, which is 29% above 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 Dharmatya Nusantara Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Dharmatya Nusantara Tbk (ISX:DSNG) is currently considered Modestly Overvalued. The stock's GF Value™ is Rp977.79, compared to a current price of Rp1,215.00 — trading 24.3% above its estimated fair value. The current Piotroski F-Score is 9, which is 29% above median its 10-year median of 7.00 and 80% above the Consumer Packaged Goods industry median of 5.00. PT Dharmatya Nusantara Tbk's overall GF Score™ is 96/100. 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 Dharmatya Nusantara Tbk (ISX:DSNG), the current Piotroski F-Score is 9 as of Jul. 18, 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 Dharmatya Nusantara Tbk (ISX:DSNG) Overvalued in 2026?
Based on GuruFocus' analysis, PT Dharmatya Nusantara Tbk stock appears to be overvalued.
The current stock price of Rp1,215.00 is trading 24.3% above its estimated GF Value™ of Rp977.79.
GuruFocus considers PT Dharmatya Nusantara Tbk to be Modestly Overvalued.
Key valuation signals for ISX:DSNG:
Piotroski F-Score: 9 (29% above median its 10-year median of 7.00)
GF Value™: Rp977.79 vs. price of Rp1,215.00 (24.3% above fair value)
Industry Position: 80% above the Consumer Packaged Goods median (#1 of 1915)
No single metric tells the full story. See the ISX:DSNG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
PT Dharma Satya Nusantara Tbk is engaged in forestry, agriculture and plantation, transportation, plant construction, service, and trading industries. Its segments include Palm oil, Wood Products and renewable energy. The company generates its revenue from the Palm Oil segment. Geographically, the company operates in Indonesia, the United States of America, Europe, and the Asia Pacific. It derives a majority of its revenue from Indonesia.
96GF Score
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