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Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3
PT Indo Boga Sukses 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 Indo Boga Sukses Tbk's Piotroski F-Score or its related term are showing as below:
ISX:IBOS'
s Piotroski F-Score Range Over the Past 10 Years
Min: 3 Med: 4 Max: 7
Current: 4
During the past 7 years, the highest Piotroski F-Score of PT Indo Boga Sukses Tbk was 7. The lowest was 3. And the median was 4.
PT Indo Boga Sukses Tbk (ISX:IBOS) 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 Indo Boga Sukses Tbk Piotroski F-Score Related Terms
PT Indo Boga Sukses Tbk Piotroski F-Score Historical Data
* Premium members only.
The historical data trend for PT Indo Boga Sukses 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:IBOS vs MCD, SBUX, YUM: Piotroski F-Score Comparison
For the Restaurants subindustry, PT Indo Boga Sukses 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 Indo Boga Sukses Tbk Piotroski F-Score vs Restaurants Industry
For the Restaurants industry and Consumer Cyclical sector, PT Indo Boga Sukses Tbk's Piotroski F-Score distribution charts can be found below:
* The bar in red indicates where PT Indo Boga Sukses 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.
*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 Indo Boga Sukses Tbk's current Net Income (TTM) was 2,136.
==> 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 Indo Boga Sukses Tbk's current Cash Flow from Operations (TTM) was -1,310.
==> Negative ==> Score 0.
Question 3. Change in Return on Assets
Compare this year's return on assets (1) to last year's return on assets.
PT Indo Boga Sukses Tbk's return on assets of this year was 0.00576318. PT Indo Boga Sukses Tbk's return on assets of last year was 0.00814432.
==> 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 Indo Boga Sukses Tbk's gearing of this year was 0.04979121. PT Indo Boga Sukses Tbk's gearing of last year was 0.05476278.
==> 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 Indo Boga Sukses Tbk's current ratio of this year was 11.39754763. PT Indo Boga Sukses Tbk's current ratio of last year was 9.20177651.
==> 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 Indo Boga Sukses Tbk's number of shares in issue this year was 8065.79. PT Indo Boga Sukses Tbk's number of shares in issue last year was 8065.79.
==> 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 Indo Boga Sukses Tbk's gross margin of this year was 0.45450639. PT Indo Boga Sukses Tbk's gross margin of last year was 0.46115313.
==> 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 Indo Boga Sukses Tbk's asset turnover of this year was 0.11532728. PT Indo Boga Sukses Tbk's asset turnover of last year was 0.12115893.
==> Last year's asset turnover is higher ==> Score 0.
Evaluation
Piotroski F-Score
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4
Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3
PT Indo Boga Sukses Tbk has an F-score of 4 indicating the company's financial situation is typical for a stable company.
PT Indo Boga Sukses Tbk (ISX:IBOS) has a Piotroski F-Score of 4 as of Jul. 25, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on PT Indo Boga Sukses Tbk and its competitors. This is near median its historical median of 4.00. Over the past decade, PT Indo Boga Sukses Tbk's Piotroski F-Score has ranged from 3.00 to 7.00. According to the industry distribution chart, PT Indo Boga Sukses Tbk ranks #253 out of 355 companies in the Restaurants industry, placing it in the top 71.3%.
Is PT Indo Boga Sukses Tbk's Piotroski F-Score too high?
PT Indo Boga Sukses 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 3.00 to a high of 7.00. The Restaurants industry median Piotroski F-Score is 5.00. PT Indo Boga Sukses Tbk's value of 4 is 20% below this industry median. Based on the distribution chart, PT Indo Boga Sukses Tbk ranks #253 out of 355 companies in the Restaurants industry, which is below the industry midpoint. Overall, PT Indo Boga Sukses Tbk has a GF Score™ of 77/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does PT Indo Boga Sukses Tbk's Piotroski F-Score compare to MCD and SBUX?
According to the Restaurants industry distribution chart, PT Indo Boga Sukses Tbk ranks #253 out of 355 companies for Piotroski F-Score. This places PT Indo Boga Sukses Tbk in the lower half of its industry. The industry median Piotroski F-Score is 5.00. PT Indo Boga Sukses Tbk's value of 4 is 20% below this benchmark. Historically, PT Indo Boga Sukses Tbk's own Piotroski F-Score has ranged from 3.00 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 Indo Boga Sukses 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 Restaurants company?
The median Piotroski F-Score among Restaurants companies is 5.00, based on 355 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 Indo Boga Sukses 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 Indo Boga Sukses 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 Indo Boga Sukses 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 Indo Boga Sukses Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Indo Boga Sukses Tbk (ISX:IBOS) is currently considered Fairly Valued. The stock's GF Value™ is Rp73.06, compared to a current price of Rp69.00 — trading 5.6% below 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 Restaurants industry median of 5.00. PT Indo Boga Sukses Tbk's overall GF Score™ is 77/100 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 Indo Boga Sukses Tbk (ISX:IBOS), the current Piotroski F-Score is 4 as of Jul. 25, 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 Indo Boga Sukses Tbk (ISX:IBOS) Overvalued in 2026?
Based on GuruFocus' analysis, PT Indo Boga Sukses Tbk stock appears to be undervalued.
The current stock price of Rp69.00 is trading 5.6% below its estimated GF Value™ of Rp73.06.
GuruFocus considers PT Indo Boga Sukses Tbk to be Fairly Valued.
Key valuation signals for ISX:IBOS:
Piotroski F-Score: 4 (near median its 10-year median of 4.00)
GF Value™: Rp73.06 vs. price of Rp69.00 (5.6% below fair value)
Industry Position: 20% below the Restaurants median (#253 of 355)
No single metric tells the full story. See the ISX:IBOS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
PT Indo Boga Sukses Tbk is engaged in the food and beverage industry through the ownership and operation of D'Monaco Restaurant, which has a European theme and feel. The restaurant offers special events such as wedding receptions, birthday celebrations, anniversaries, pre-wedding photoshoots, bridal showers, board and corporate meetings, fashion shows, fine dining, and other social events. Its restaurant and product portfolio includes D'Monaco Restaurant, Sofia Residence, Insom Lounge, Mr. Pawon, Legal Restaurant, My Priority, and Priority.
77GF Score
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