PT Gajah Tunggal Tbk (ISX:GJTL) Piotroski F-Score: 5 (As of Jun. 30, 2026) — 17% Below Median


ISX:GJTL PT Gajah Tunggal Tbk ISX:GJTL
80 GF Score
Price Rp1,115.00
GF Value Rp1,077.49
Valuation Fairly Valued
! 2 Warning Signs
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What is PT Gajah Tunggal Tbk Piotroski F-Score?

PT Gajah Tunggal Tbk ISX:GJTL +1.36% 80 Piotroski F-Score is 5 as of Jun. 30, 2026, which is 17% below its 10-year median of 6.00. GuruFocus rates ISX:GJTL with a GF Score™ of 80/100 and a GF Value™ of Rp1,077.49 (Fairly Valued). The stock has 2 warning signs investors should review. Among 1,286 Vehicles & Parts companies, PT Gajah Tunggal Tbk ranks better than 52.33% 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 Gajah Tunggal 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 Gajah Tunggal Tbk's Piotroski F-Score or its related term are showing as below:

ISX:GJTL' s Piotroski F-Score Range Over the Past 10 Years
Min: 4   Med: 6   Max: 9
Current: 5

During the past 13 years, the highest Piotroski F-Score of PT Gajah Tunggal Tbk was 9. The lowest was 4. And the median was 6.

PT Gajah Tunggal Tbk  (ISX:GJTL) 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.

In 2000, he wrote a research paper called "Value Investing: The Use of Historical Financial Statement Information to Separate Winners from Losers" (pdf).

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 Gajah Tunggal Tbk Piotroski F-Score Related Terms


PT Gajah Tunggal Tbk Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for PT Gajah Tunggal 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.

PT Gajah Tunggal Tbk Piotroski F-Score Chart

PT Gajah Tunggal Tbk Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Piotroski F-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.00 5.00 8.00 7.00 4.00

PT Gajah Tunggal Tbk Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Piotroski F-Score Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 6.00 5.00 5.00 4.00 5.00

ISX:GJTL vs ORLY, AZO: Piotroski F-Score Comparison

For the Auto Parts subindustry, PT Gajah Tunggal 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 Gajah Tunggal Tbk Piotroski F-Score vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, PT Gajah Tunggal Tbk's Piotroski F-Score distribution charts can be found below:

* The bar in red indicates where PT Gajah Tunggal Tbk's Piotroski F-Score falls into.


ISX:GJTL
80GF Score
PT Gajah Tunggal Tbk ISX:GJTL
Piotroski F-Score is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

How is the Piotroski F-Score calculated?

* 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 97156 + 339188 + 453532 + 380807 = Rp1,270,683 Mil.
Cash Flow from Operations was 302393 + 684081 + 924931 + 477153 = Rp2,388,558 Mil.
Revenue was 4116886 + 4601120 + 4542174 + 4197841 = Rp17,458,021 Mil.
Gross Profit was 731126 + 903491 + 1060001 + 965350 = Rp3,659,968 Mil.
Average Total Assets from the begining of this year (Mar25)
to the end of this year (Mar26) was
(21498631 + 21493430 + 22318372 + 21670885 + 22202363) / 5 = Rp21836736.2 Mil.
Total Assets at the begining of this year (Mar25) was Rp21,498,631 Mil.
Long-Term Debt & Capital Lease Obligation was Rp3,812,346 Mil.
Total Current Assets was Rp8,896,156 Mil.
Total Current Liabilities was Rp5,611,897 Mil.
Net Income was 238303 + 411402 + 198369 + 353347 = Rp1,201,421 Mil.

Revenue was 4076390 + 4893643 + 4587123 + 4404016 = Rp17,961,172 Mil.
Gross Profit was 876093 + 1014968 + 947438 + 858032 = Rp3,696,531 Mil.
Average Total Assets from the begining of last year (Mar24)
to the end of last year (Mar25) was
(19116399 + 19550279 + 19894153 + 20563695 + 21498631) / 5 = Rp20124631.4 Mil.
Total Assets at the begining of last year (Mar24) was Rp19,116,399 Mil.
Long-Term Debt & Capital Lease Obligation was Rp4,065,130 Mil.
Total Current Assets was Rp9,880,749 Mil.
Total Current Liabilities was Rp5,789,221 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 Gajah Tunggal Tbk's current Net Income (TTM) was 1,270,683. ==> 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 Gajah Tunggal Tbk's current Cash Flow from Operations (TTM) was 2,388,558. ==> 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.

Score 1 if it's higher, 0 if it's lower.

ROA (This Year)=Net Income/Total Assets (Mar25)
=1270683/21498631
=0.0591053

ROA (Last Year)=Net Income/Total Assets (Mar24)
=1201421/19116399
=0.06284766

PT Gajah Tunggal Tbk's return on assets of this year was 0.0591053. PT Gajah Tunggal Tbk's return on assets of last year was 0.06284766. ==> Last year is higher ==> Score 0.

Question 4. Quality of Earnings (Accrual)

Compare Cash flow return on assets (2) to return on assets (1)

Score 1 if CFROA > ROA, 0 if CFROA <= ROA.

PT Gajah Tunggal Tbk's current Net Income (TTM) was 1,270,683. PT Gajah Tunggal Tbk's current Cash Flow from Operations (TTM) was 2,388,558. ==> 2,388,558 > 1,270,683 ==> CFROA > ROA ==> Score 1.

Funding

Question 5. Change in Gearing or Leverage

Compare this year's gearing (long-term debt divided by average total assets) to last year's gearing.

Score 0 if this year's gearing is higher, 1 otherwise.

Gearing (This Year: Mar26)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar25 to Mar26
=3812346/21836736.2
=0.17458406

Gearing (Last Year: Mar25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar24 to Mar25
=4065130/20124631.4
=0.20199774

PT Gajah Tunggal Tbk's gearing of this year was 0.17458406. PT Gajah Tunggal Tbk's gearing of last year was 0.20199774. ==> 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

Current Ratio (This Year: Mar26)=Total Current Assets/Total Current Liabilities
=8896156/5611897
=1.58523152

Current Ratio (Last Year: Mar25)=Total Current Assets/Total Current Liabilities
=9880749/5789221
=1.70674932

PT Gajah Tunggal Tbk's current ratio of this year was 1.58523152. PT Gajah Tunggal Tbk's current ratio of last year was 1.70674932. ==> 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 Gajah Tunggal Tbk's number of shares in issue this year was 3484.8. PT Gajah Tunggal Tbk's number of shares in issue last year was 3484.409. ==> There is larger number of shares in issue this year. ==> Score 0.

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.

Gross Margin (This Year: TTM)=Gross Profit/Revenue
=3659968/17458021
=0.20964392

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=3696531/17961172
=0.20580678

PT Gajah Tunggal Tbk's gross margin of this year was 0.20964392. PT Gajah Tunggal Tbk's gross margin of last year was 0.20580678. ==> 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

Asset Turnover (This Year)=Revenue/Total Assets at the Beginning of This Year (Mar25)
=17458021/21498631
=0.81205268

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Mar24)
=17961172/19116399
=0.9395688

PT Gajah Tunggal Tbk's asset turnover of this year was 0.81205268. PT Gajah Tunggal Tbk's asset turnover of last year was 0.9395688. ==> Last year's asset turnover is higher ==> Score 0.

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+0+1+0
=5

Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3

PT Gajah Tunggal Tbk has an F-score of 5 indicating the company's financial situation is typical for a stable company.

Frequently Asked Questions Learn more about Piotroski F-Score →
What does a Piotroski F-Score of 5 mean?
PT Gajah Tunggal Tbk (ISX:GJTL) has a Piotroski F-Score of 5 as of Jun. 30, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on PT Gajah Tunggal Tbk and its competitors. This is 17% below median its historical median of 6.00. Over the past decade, PT Gajah Tunggal Tbk's Piotroski F-Score has ranged from 4.00 to 9.00. According to the industry distribution chart, PT Gajah Tunggal Tbk ranks #613 out of 1286 companies in the Vehicles & Parts industry, placing it in the top 47.7%.
Is PT Gajah Tunggal Tbk's Piotroski F-Score too high?
PT Gajah Tunggal 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 4.00 to a high of 9.00. The Vehicles & Parts industry median Piotroski F-Score is 5.00. PT Gajah Tunggal Tbk's value of 5 is 0% at this industry median. Based on the distribution chart, PT Gajah Tunggal Tbk ranks #613 out of 1286 companies in the Vehicles & Parts industry, which is above the industry midpoint. Overall, PT Gajah Tunggal Tbk has a GF Score™ of 80/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does PT Gajah Tunggal Tbk's Piotroski F-Score compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, PT Gajah Tunggal Tbk ranks #613 out of 1286 companies for Piotroski F-Score. This puts PT Gajah Tunggal Tbk in the upper half of its industry. The industry median Piotroski F-Score is 5.00. PT Gajah Tunggal Tbk's value of 5 is 0% at this benchmark. Historically, PT Gajah Tunggal Tbk's own Piotroski F-Score has ranged from 4.00 to 9.00 over the past decade. While the company's 10-year median is 6.00 vs. the industry median of 5.00, PT Gajah Tunggal 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 Vehicles & Parts company?
The median Piotroski F-Score among Vehicles & Parts companies is 5.00, based on 1,286 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 Gajah Tunggal 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 Gajah Tunggal Tbk and its competitors. For the Vehicles & Parts 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 Gajah Tunggal 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 Gajah Tunggal Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Gajah Tunggal Tbk (ISX:GJTL) is currently considered Fairly Valued. The stock's GF Value™ is Rp1,077.49, compared to a current price of Rp1,115.00 — trading 3.5% above its estimated fair value. The current Piotroski F-Score is 5, which is 17% below median its 10-year median of 6.00 and 0% at the Vehicles & Parts industry median of 5.00. PT Gajah Tunggal Tbk's overall GF Score™ is 80/100 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 Gajah Tunggal Tbk (ISX:GJTL), the current Piotroski F-Score is 5 as of Jun. 30, 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 Gajah Tunggal Tbk (ISX:GJTL) Overvalued in 2026?

Based on GuruFocus' analysis, PT Gajah Tunggal Tbk stock appears to be overvalued. The current stock price of Rp1,115.00 is trading 3.5% above its estimated GF Value™ of Rp1,077.49. GuruFocus considers PT Gajah Tunggal Tbk to be Fairly Valued.

Key valuation signals for ISX:GJTL:

  • Piotroski F-Score: 5 (17% below median its 10-year median of 6.00)
  • GF Value™: Rp1,077.49 vs. price of Rp1,115.00 (3.5% above fair value)
  • GF Score™: 80/100 with 2 warning signs
  • Industry Position: 0% at the Vehicles & Parts median (#613 of 1286)

No single metric tells the full story. See the ISX:GJTL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


PT Gajah Tunggal Tbk Business Description

Address Jalan Hayam Wuruk No. 8, Wisma Hayam Wuruk 10th Floor, Jakarta, IDN, 10120
PT Gajah Tunggal Tbk is a tire manufacturer in Indonesia. Its reportable segments are Manufacturing of tyre (tyre); Manufacturing of tyre cord (tyre cord); Manufacturing of synthetic rubber (synthetic rubber); Manufacturing of nylon yarn (nylon yarn); and Others. The tires are used for passenger and commercial vehicles, which include passenger cars, trucks, buses, motorcycles, and others.
80GF Score

Get the complete analysis for ISX:GJTL

Piotroski F-Score is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

Rp1,115.00
Price
Rp1,077.49
GF Value