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PT Fore Kopi Indonesia TbkISX:FORE -1.81%8 Piotroski F-Score is 5 as of Aug. 16, 2026, which is 17% below its 10-year median of 6.00. GuruFocus rates ISX:FORE with a GF Score™ of 8/100. The stock has 1 warning sign investors should review. Among 353 Restaurants companies, PT Fore Kopi Indonesia Tbk ranks better than 50.71% 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 Fore Kopi Indonesia Tbk has an F-score of 5 indicating the company's financial situation is typical for a stable company.
The historical rank and industry rank for PT Fore Kopi Indonesia Tbk's Piotroski F-Score or its related term are showing as below:
ISX:FORE'
s Piotroski F-Score Range Over the Past 10 Years
Min: 5 Med: 6 Max: 7
Current: 5
During the past 5 years, the highest Piotroski F-Score of PT Fore Kopi Indonesia Tbk was 7. The lowest was 5. And the median was 6.
PT Fore Kopi Indonesia Tbk (ISX:FORE) 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 Fore Kopi Indonesia Tbk Piotroski F-Score Related Terms
PT Fore Kopi 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 Fore Kopi Indonesia Tbk Piotroski F-Score Chart
ISX:FORE vs MCD, SBUX, YUM: Piotroski F-Score Comparison
For the Restaurants subindustry, PT Fore Kopi 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 Fore Kopi Indonesia Tbk Piotroski F-Score vs Restaurants Industry
For the Restaurants industry and Consumer Cyclical sector, PT Fore Kopi Indonesia Tbk's Piotroski F-Score distribution charts can be found below:
* The bar in red indicates where PT Fore Kopi 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 (Jun26) TTM:
Last Year (Jun25) TTM:
Net Income was 18076.089 + 30025.86 + 9431.593 + 47057.226 = Rp104,591 Mil. Cash Flow from Operations was 31223.021 + 154957.011 + 40045.696 + 116347.391 = Rp342,573 Mil. Revenue was 379380.065 + 455381.95 + 444458.712 + 723419.422 = Rp2,002,640 Mil. Gross Profit was 234275.232 + 280783.378 + 273675.862 + 348339.147 = Rp1,137,074 Mil.
Average Total Assets from the begining of this year (Jun25)
to the end of this year (Jun26) was
(1024048.141 + 1054427.559 + 1160171.581 + 1164247.896 + 1259374.903) / 5 = Rp1132454.016 Mil. Total Assets at the begining of this year (Jun25) was Rp1,024,048 Mil. Long-Term Debt & Capital Lease Obligation was Rp130,110 Mil. Total Current Assets was Rp462,998 Mil. Total Current Liabilities was Rp377,515 Mil.
Net Income was 9882.829 + 15870.76 + 5877.395 + 36153.698 = Rp67,785 Mil.
Revenue was 276109.732 + 311287.797 + 291686.394 + 370686.363 = Rp1,249,770 Mil. Gross Profit was 167491.318 + 188349.997 + 181038.92 + 228221.944 = Rp765,102 Mil.
Average Total Assets from the begining of last year (Dec23)
to the end of last year (Jun25) was
(339443.78 + 604784.123 + 640760.49 + 0 + 1024048.141) / 5 = Rp652259.1335 Mil. Total Assets at the begining of last year (Dec23) was Rp339,444 Mil. Long-Term Debt & Capital Lease Obligation was Rp102,043 Mil. Total Current Assets was Rp522,013 Mil. Total Current Liabilities was Rp279,320 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 Fore Kopi Indonesia Tbk's current Net Income (TTM) was 104,591.
==> 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 Fore Kopi Indonesia Tbk's current Cash Flow from Operations (TTM) was 342,573.
==> 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 Fore Kopi Indonesia Tbk's return on assets of this year was 0.10213462. PT Fore Kopi Indonesia Tbk's return on assets of last year was 0.1996934.
==> 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 Fore Kopi Indonesia Tbk's gearing of this year was 0.11489223. PT Fore Kopi Indonesia Tbk's gearing of last year was 0.15644493.
==> 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 Fore Kopi Indonesia Tbk's current ratio of this year was 1.22643548. PT Fore Kopi Indonesia Tbk's current ratio of last year was 1.8688729.
==> 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 Fore Kopi Indonesia Tbk's number of shares in issue this year was 8918.359. PT Fore Kopi Indonesia Tbk's number of shares in issue last year was 8918.359.
==> 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 Fore Kopi Indonesia Tbk's gross margin of this year was 0.56778729. PT Fore Kopi Indonesia Tbk's gross margin of last year was 0.61219425.
==> 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 Fore Kopi Indonesia Tbk's asset turnover of this year was 1.95561133. PT Fore Kopi Indonesia Tbk's asset turnover of last year was 3.6818182.
==> Last year's asset turnover is higher ==> Score 0.
Evaluation
Piotroski F-Score
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5
Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3
PT Fore Kopi Indonesia Tbk has an F-score of 5 indicating the company's financial situation is typical for a stable company.
PT Fore Kopi Indonesia Tbk (ISX:FORE) has a Piotroski F-Score of 5 as of Aug. 16, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on PT Fore Kopi Indonesia Tbk and its competitors. This is 17% below median its historical median of 6.00. Over the past decade, PT Fore Kopi Indonesia Tbk's Piotroski F-Score has ranged from 5.00 to 7.00. According to the industry distribution chart, PT Fore Kopi Indonesia Tbk ranks #174 out of 353 companies in the Restaurants industry, placing it in the top 49.3%.
Is PT Fore Kopi Indonesia Tbk's Piotroski F-Score too high?
PT Fore Kopi Indonesia Tbk's current Piotroski F-Score of 5 is 17% below median its 10-year median of 6.00. Over the past 10 years, this metric has ranged from a low of 5.00 to a high of 7.00. The Restaurants industry median Piotroski F-Score is 5.00. PT Fore Kopi Indonesia Tbk's value of 5 is 0% at this industry median. Based on the distribution chart, PT Fore Kopi Indonesia Tbk ranks #174 out of 353 companies in the Restaurants industry, which is above the industry midpoint. Overall, PT Fore Kopi Indonesia Tbk has a GF Score™ of 8/100, reflecting its overall financial health beyond just this single metric.
How does PT Fore Kopi Indonesia Tbk's Piotroski F-Score compare to MCD and SBUX?
According to the Restaurants industry distribution chart, PT Fore Kopi Indonesia Tbk ranks #174 out of 353 companies for Piotroski F-Score. This puts PT Fore Kopi Indonesia Tbk in the upper half of its industry. The industry median Piotroski F-Score is 5.00. PT Fore Kopi Indonesia Tbk's value of 5 is 0% at this benchmark. Historically, PT Fore Kopi Indonesia Tbk's own Piotroski F-Score has ranged from 5.00 to 7.00 over the past decade. While the company's 10-year median is 6.00 vs. the industry median of 5.00, PT Fore Kopi Indonesia Tbk has consistently been at 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 Restaurants company?
The median Piotroski F-Score among Restaurants companies is 5.00, based on 353 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 Fore Kopi Indonesia Tbk's current Piotroski F-Score of 5 is 0% at 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 Fore Kopi Indonesia Tbk and its competitors. For the Restaurants 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 Fore Kopi Indonesia Tbk's current Piotroski F-Score is 5, which is 17% below 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 Fore Kopi Indonesia Tbk stock overvalued right now?
PT Fore Kopi Indonesia Tbk (ISX:FORE) has a current Piotroski F-Score of 5. The current Piotroski F-Score is 5, which is 17% below median its 10-year median of 6.00 and 0% at the Restaurants industry median of 5.00. PT Fore Kopi Indonesia Tbk's overall GF Score™ is 8/100 with 1 warning sign 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 Fore Kopi Indonesia Tbk (ISX:FORE), the current Piotroski F-Score is 5 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.
PT Fore Kopi Indonesia Tbk is a food & beverage company that operates under the brand name Fore and offers roasted coffee as its main product. The Company provides a coffee experience through premium products and packaging, available at outlets designed with a comfortable and aesthetic concept. The Company classified its business activities into three main segments, namely beverages, food, and others.
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