PT Sumi Indo Kabel Tbk (ISX:IKBI) Piotroski F-Score: 8 (As of Aug. 06, 2026) — 33% Above Median

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ISX:IKBI PT Sumi Indo Kabel Tbk ISX:IKBI
73 GF Score
Price Rp610.00
GF Value Rp486.94
Valuation Modestly Overvalued
! 2 Warning Signs
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What is PT Sumi Indo Kabel Tbk Piotroski F-Score?

PT Sumi Indo Kabel Tbk ISX:IKBI +2.52% 73 Piotroski F-Score is 8 as of Aug. 06, 2026, which is 33% above its 10-year median of 6.00. GuruFocus rates ISX:IKBI with a GF Score™ of 73/100 and a GF Value™ of Rp486.94 (Modestly Overvalued). The stock has 2 warning signs investors should review. Among 2,952 Industrial Products companies, PT Sumi Indo Kabel Tbk ranks better than 97.87% 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 Sumi Indo Kabel 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 Sumi Indo Kabel Tbk's Piotroski F-Score or its related term are showing as below:

ISX:IKBI' s Piotroski F-Score Range Over the Past 10 Years
Min: 3   Med: 6   Max: 8
Current: 8

During the past 13 years, the highest Piotroski F-Score of PT Sumi Indo Kabel Tbk was 8. The lowest was 3. And the median was 6.

PT Sumi Indo Kabel Tbk  (ISX:IKBI) 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 Sumi Indo Kabel Tbk Piotroski F-Score Related Terms


PT Sumi Indo Kabel Tbk Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for PT Sumi Indo Kabel 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 Sumi Indo Kabel Tbk Piotroski F-Score Chart

PT Sumi Indo Kabel Tbk Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Piotroski F-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.00 5.00 8.00 4.00 8.00

PT Sumi Indo Kabel 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 4.00 7.00 7.00 8.00 8.00

ISX:IKBI vs VRT, BE, HUBB: Piotroski F-Score Comparison

For the Electrical Equipment & Parts subindustry, PT Sumi Indo Kabel 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 Sumi Indo Kabel Tbk Piotroski F-Score vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, PT Sumi Indo Kabel Tbk's Piotroski F-Score distribution charts can be found below:

* The bar in red indicates where PT Sumi Indo Kabel Tbk's Piotroski F-Score falls into.


ISX:IKBI
73GF Score
PT Sumi Indo Kabel Tbk ISX:IKBI
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 38359.104 + 36037.375 + 34182.779 + 28576.749 = Rp137,156 Mil.
Cash Flow from Operations was 39973.71 + 19099.974 + 274848.926 + -28035.01 = Rp305,888 Mil.
Revenue was 1041648.659 + 884640.782 + 1023511.938 + 876601.94 = Rp3,826,403 Mil.
Gross Profit was 81333.696 + 83894.612 + 77170.214 + 74370.651 = Rp316,769 Mil.
Average Total Assets from the begining of this year (Mar25)
to the end of this year (Mar26) was
(2038019.67 + 1946789.79 + 1850798.996 + 1827107.98 + 1888215.477) / 5 = Rp1910186.3826 Mil.
Total Assets at the begining of this year (Mar25) was Rp2,038,020 Mil.
Long-Term Debt & Capital Lease Obligation was Rp0 Mil.
Total Current Assets was Rp1,168,803 Mil.
Total Current Liabilities was Rp335,675 Mil.
Net Income was 5566.838 + 24966.394 + 23396.258 + 37795.696 = Rp91,725 Mil.

Revenue was 1012886.985 + 1042005.536 + 1141429.497 + 1007934.626 = Rp4,204,257 Mil.
Gross Profit was 39294.367 + 66198.54 + 64592.273 + 93674.038 = Rp263,759 Mil.
Average Total Assets from the begining of last year (Mar24)
to the end of last year (Mar25) was
(1681558.113 + 1824029.15 + 1781882.408 + 1865462.697 + 2038019.67) / 5 = Rp1838190.4076 Mil.
Total Assets at the begining of last year (Mar24) was Rp1,681,558 Mil.
Long-Term Debt & Capital Lease Obligation was Rp0 Mil.
Total Current Assets was Rp1,312,622 Mil.
Total Current Liabilities was Rp631,789 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 Sumi Indo Kabel Tbk's current Net Income (TTM) was 137,156. ==> 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 Sumi Indo Kabel Tbk's current Cash Flow from Operations (TTM) was 305,888. ==> 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)
=137156.007/2038019.67
=0.06729867

ROA (Last Year)=Net Income/Total Assets (Mar24)
=91725.186/1681558.113
=0.05454773

PT Sumi Indo Kabel Tbk's return on assets of this year was 0.06729867. PT Sumi Indo Kabel Tbk's return on assets of last year was 0.05454773. ==> This year is higher. ==> Score 1.

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 Sumi Indo Kabel Tbk's current Net Income (TTM) was 137,156. PT Sumi Indo Kabel Tbk's current Cash Flow from Operations (TTM) was 305,888. ==> 305,888 > 137,156 ==> 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
=0/1910186.3826
=0

Gearing (Last Year: Mar25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar24 to Mar25
=0/1838190.4076
=0

PT Sumi Indo Kabel Tbk's gearing of this year was 0. PT Sumi Indo Kabel Tbk's gearing of last year was 0. ==> 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
=1168802.587/335675.227
=3.48194473

Current Ratio (Last Year: Mar25)=Total Current Assets/Total Current Liabilities
=1312622.28/631789.227
=2.07762688

PT Sumi Indo Kabel Tbk's current ratio of this year was 3.48194473. PT Sumi Indo Kabel Tbk's current ratio of last year was 2.07762688. ==> 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 Sumi Indo Kabel Tbk's number of shares in issue this year was 1224. PT Sumi Indo Kabel Tbk's number of shares in issue last year was 1224. ==> 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.

Gross Margin (This Year: TTM)=Gross Profit/Revenue
=316769.173/3826403.319
=0.0827851

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=263759.218/4204256.644
=0.06273623

PT Sumi Indo Kabel Tbk's gross margin of this year was 0.0827851. PT Sumi Indo Kabel Tbk's gross margin of last year was 0.06273623. ==> 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)
=3826403.319/2038019.67
=1.87751049

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Mar24)
=4204256.644/1681558.113
=2.5002149

PT Sumi Indo Kabel Tbk's asset turnover of this year was 1.87751049. PT Sumi Indo Kabel Tbk's asset turnover of last year was 2.5002149. ==> 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+1+1+1+1+1+1+0
=8

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

PT Sumi Indo Kabel Tbk has an F-score of 8. It is a good or high score, which usually indicates a very healthy situation.

Frequently Asked Questions Learn more about Piotroski F-Score →
What does a Piotroski F-Score of 8 mean?
PT Sumi Indo Kabel Tbk (ISX:IKBI) has a Piotroski F-Score of 8 as of Aug. 06, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on PT Sumi Indo Kabel Tbk and its competitors. This is 33% above median its historical median of 6.00. Over the past decade, PT Sumi Indo Kabel Tbk's Piotroski F-Score has ranged from 3.00 to 8.00. According to the industry distribution chart, PT Sumi Indo Kabel Tbk ranks #63 out of 2952 companies in the Industrial Products industry, placing it in the top 2.1%.
Is PT Sumi Indo Kabel Tbk's Piotroski F-Score too high?
PT Sumi Indo Kabel 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 Industrial Products industry median Piotroski F-Score is 5.00. PT Sumi Indo Kabel Tbk's value of 8 is 60% above this industry median. Based on the distribution chart, PT Sumi Indo Kabel Tbk ranks #63 out of 2952 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, PT Sumi Indo Kabel Tbk has a GF Score™ of 73/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does PT Sumi Indo Kabel Tbk's Piotroski F-Score compare to VRT and BE?
According to the Industrial Products industry distribution chart, PT Sumi Indo Kabel Tbk ranks #63 out of 2952 companies for Piotroski F-Score. This places PT Sumi Indo Kabel Tbk in the top 2% of its industry — outperforming the majority of peers. The industry median Piotroski F-Score is 5.00. PT Sumi Indo Kabel Tbk's value of 8 is 60% above this benchmark. Historically, PT Sumi Indo Kabel 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 Sumi Indo Kabel 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 an Industrial Products company?
The median Piotroski F-Score among Industrial Products companies is 5.00, based on 2,952 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 Sumi Indo Kabel 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 Sumi Indo Kabel Tbk and its competitors. For the Industrial Products 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 Sumi Indo Kabel 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 Sumi Indo Kabel Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Sumi Indo Kabel Tbk (ISX:IKBI) is currently considered Modestly Overvalued. The stock's GF Value™ is Rp486.94, compared to a current price of Rp610.00 — trading 25.3% 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 Industrial Products industry median of 5.00. PT Sumi Indo Kabel Tbk's overall GF Score™ is 73/100 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 Sumi Indo Kabel Tbk (ISX:IKBI), the current Piotroski F-Score is 8 as of Aug. 06, 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 Sumi Indo Kabel Tbk (ISX:IKBI) Overvalued in 2026?

Based on GuruFocus' analysis, PT Sumi Indo Kabel Tbk stock appears to be overvalued. The current stock price of Rp610.00 is trading 25.3% above its estimated GF Value™ of Rp486.94. GuruFocus considers PT Sumi Indo Kabel Tbk to be Modestly Overvalued.

Key valuation signals for ISX:IKBI:

  • Piotroski F-Score: 8 (33% above median its 10-year median of 6.00)
  • GF Value™: Rp486.94 vs. price of Rp610.00 (25.3% above fair value)
  • GF Score™: 73/100 with 2 warning signs
  • Industry Position: 60% above the Industrial Products median (#63 of 2952)

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


PT Sumi Indo Kabel Tbk Business Description

Address Jalan Gatot Subroto KM 7, 8, Pasir Jaya, Jati Uwung, Tangerang, IDN, 15135
PT Sumi Indo Kabel Tbk is an Indonesian-based company. It's engaged in the cable and electrical equipment manufacturing by producing Conductor (Wire Copper & Aluminium), Low and medium voltage power cables, Control Cables, Instrument cable, Telecommunications Cable (Copper Cable), and Automobile Cable. The company's products are divided into divisions, namely: Bare conductor; Power cable and control cables, and instrument cable; telecommunication cable and Automobile wire. It generates the majority of its revenue from the Indonesian market. Its segments are Cables and Others. The group generates the majority of its revenue from the Cables segment.
73GF Score

Get the complete analysis for ISX:IKBI

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

Rp610.00
Price
Rp486.94
GF Value