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PT Grand House Mulia TbkISX:HOMI 72 Piotroski F-Score is 8 as of Jul. 30, 2026, which is 33% above its 10-year median of 6.00. GuruFocus rates ISX:HOMI with a GF Score™ of 72/100 and a GF Value™ of Rp163.55 (Fairly Valued). The stock has 4 warning signs investors should review. Among 1,752 Real Estate companies, PT Grand House Mulia Tbk ranks better than 98.63% on this metric.
Good Sign:
Piotroski F-Score is 8, 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 Grand House Mulia Tbk has an F-score of 8. It is a good or high score, which usually indicates a very healthy situation.
The historical rank and industry rank for PT Grand House Mulia Tbk's Piotroski F-Score or its related term are showing as below:
ISX:HOMI'
s Piotroski F-Score Range Over the Past 10 Years
Min: 3 Med: 6 Max: 8
Current: 8
During the past 7 years, the highest Piotroski F-Score of PT Grand House Mulia Tbk was 8. The lowest was 3. And the median was 6.
PT Grand House Mulia Tbk (ISX:HOMI) 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 Grand House Mulia Tbk Piotroski F-Score Related Terms
PT Grand House Mulia 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 Grand House Mulia Tbk Piotroski F-Score Competitor Comparison
For the Real Estate - Development subindustry, PT Grand House Mulia 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 Grand House Mulia Tbk Piotroski F-Score vs Real Estate Industry
For the Real Estate industry and Real Estate sector, PT Grand House Mulia Tbk's Piotroski F-Score distribution charts can be found below:
* The bar in red indicates where PT Grand House Mulia 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 778.241 + 279.888 + -470.433 + 297.16 = Rp885 Mil. Cash Flow from Operations was -1922.539 + -593.757 + 1947.053 + 2094.736 = Rp1,525 Mil. Revenue was 8593.005 + 9086.533 + 3724.798 + 5373.64 = Rp26,778 Mil. Gross Profit was 3540.831 + 2150.065 + 1460.791 + 1788.301 = Rp8,940 Mil.
Average Total Assets from the begining of this year (Mar25)
to the end of this year (Mar26) was
(207741.037 + 203331.802 + 194911.914 + 187123.23 + 180784.805) / 5 = Rp194778.5576 Mil. Total Assets at the begining of this year (Mar25) was Rp207,741 Mil. Long-Term Debt & Capital Lease Obligation was Rp2,828 Mil. Total Current Assets was Rp87,791 Mil. Total Current Liabilities was Rp44,974 Mil.
Net Income was 2572.556 + 1520.651 + -3807.495 + 123.054 = Rp409 Mil.
Revenue was 8930.552 + 7074.147 + 12541.827 + 8471.086 = Rp37,018 Mil. Gross Profit was 4737.078 + 3986.734 + -1203.466 + 2652.039 = Rp10,172 Mil.
Average Total Assets from the begining of last year (Mar24)
to the end of last year (Mar25) was
(223270.376 + 217312.893 + 214736.769 + 208603.446 + 207741.037) / 5 = Rp214332.9042 Mil. Total Assets at the begining of last year (Mar24) was Rp223,270 Mil. Long-Term Debt & Capital Lease Obligation was Rp3,145 Mil. Total Current Assets was Rp113,473 Mil. Total Current Liabilities was Rp72,544 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 Grand House Mulia Tbk's current Net Income (TTM) was 885.
==> 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 Grand House Mulia Tbk's current Cash Flow from Operations (TTM) was 1,525.
==> 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 Grand House Mulia Tbk's return on assets of this year was 0.00425942. PT Grand House Mulia Tbk's return on assets of last year was 0.00183081.
==> 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 Grand House Mulia Tbk's gearing of this year was 0.0145181. PT Grand House Mulia Tbk's gearing of last year was 0.01467204.
==> 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 Grand House Mulia Tbk's current ratio of this year was 1.9520459. PT Grand House Mulia Tbk's current ratio of last year was 1.56419171.
==> 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 Grand House Mulia Tbk's number of shares in issue this year was 1575. PT Grand House Mulia Tbk's number of shares in issue last year was 1575.
==> 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 Grand House Mulia Tbk's gross margin of this year was 0.333856. PT Grand House Mulia Tbk's gross margin of last year was 0.27479852.
==> 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 Grand House Mulia Tbk's asset turnover of this year was 0.12890075. PT Grand House Mulia Tbk's asset turnover of last year was 0.16579724.
==> 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 Grand House Mulia Tbk has an F-score of 8. It is a good or high score, which usually indicates a very healthy situation.
PT Grand House Mulia Tbk (ISX:HOMI) has a Piotroski F-Score of 8 as of Jul. 30, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on PT Grand House Mulia Tbk and its competitors. This is 33% above median its historical median of 6.00. Over the past decade, PT Grand House Mulia Tbk's Piotroski F-Score has ranged from 3.00 to 8.00. According to the industry distribution chart, PT Grand House Mulia Tbk ranks #24 out of 1752 companies in the Real Estate industry, placing it in the top 1.4%.
Is PT Grand House Mulia Tbk's Piotroski F-Score too high?
PT Grand House Mulia Tbk's current Piotroski F-Score of 8 is 33% above median its 10-year median of 6.00. Over the past 10 years, this metric has ranged from a low of 3.00 to a high of 8.00. The Real Estate industry median Piotroski F-Score is 5.00. PT Grand House Mulia Tbk's value of 8 is 60% above this industry median. Based on the distribution chart, PT Grand House Mulia Tbk ranks #24 out of 1752 companies in the Real Estate industry, which is in the top quartile — a strong position relative to peers. Overall, PT Grand House Mulia Tbk has a GF Score™ of 72/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does PT Grand House Mulia Tbk's Piotroski F-Score compare to competitors?
According to the Real Estate industry distribution chart, PT Grand House Mulia Tbk ranks #24 out of 1752 companies for Piotroski F-Score. This places PT Grand House Mulia Tbk in the top 1% of its industry — outperforming the majority of peers. The industry median Piotroski F-Score is 5.00. PT Grand House Mulia Tbk's value of 8 is 60% above this benchmark. Historically, PT Grand House Mulia Tbk's own Piotroski F-Score has ranged from 3.00 to 8.00 over the past decade. While the company's 10-year median is 6.00 vs. the industry median of 5.00, PT Grand House Mulia 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 Real Estate company?
The median Piotroski F-Score among Real Estate companies is 5.00, based on 1,752 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 Grand House Mulia Tbk's current Piotroski F-Score of 8 is 60% 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 Grand House Mulia Tbk and its competitors. For the Real Estate 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 Grand House Mulia Tbk's current Piotroski F-Score is 8, which is 33% above 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 Grand House Mulia Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Grand House Mulia Tbk (ISX:HOMI) is currently considered Fairly Valued. The stock's GF Value™ is Rp163.55, compared to a current price of Rp177.00 — trading 8.2% above its estimated fair value. The current Piotroski F-Score is 8, which is 33% above median its 10-year median of 6.00 and 60% above the Real Estate industry median of 5.00. PT Grand House Mulia Tbk's overall GF Score™ is 72/100 with 4 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 Grand House Mulia Tbk (ISX:HOMI), the current Piotroski F-Score is 8 as of Jul. 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 Grand House Mulia Tbk (ISX:HOMI) Overvalued in 2026?
Based on GuruFocus' analysis, PT Grand House Mulia Tbk stock appears to be overvalued.
The current stock price of Rp177.00 is trading 8.2% above its estimated GF Value™ of Rp163.55.
GuruFocus considers PT Grand House Mulia Tbk to be Fairly Valued.
Key valuation signals for ISX:HOMI:
Piotroski F-Score: 8 (33% above median its 10-year median of 6.00)
GF Value™: Rp163.55 vs. price of Rp177.00 (8.2% above fair value)
Industry Position: 60% above the Real Estate median (#24 of 1752)
No single metric tells the full story. See the ISX:HOMI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
PT Grand House Mulia Tbk is engaged in property development and services in Indonesia. The company is in the whole range of property development activities; these include land assessment, and acquisition, planning, architectural designing, construction, and effective property development of various types of projects. The main project currently being handled by the Company is Parkville Serpong, consisting of several clusters such as Canola, Astoria, Valencia, and the Toscana Cluster, located in the Bogor Regency area.
72GF Score
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