PT Jaya Agra Wattie Tbk (ISX:JAWA) Piotroski F-Score: 6 (As of Jul. 22, 2026) — 50% Above Median

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ISX:JAWA PT Jaya Agra Wattie Tbk ISX:JAWA
47 GF Score
Price Rp123.00
GF Value Rp124.73
Valuation Fairly Valued
! 5 Warning Signs
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What is PT Jaya Agra Wattie Tbk Piotroski F-Score?

PT Jaya Agra Wattie Tbk ISX:JAWA +1.65% 47 Piotroski F-Score is 6 as of Jul. 22, 2026, which is 50% above its 10-year median of 4.00. GuruFocus rates ISX:JAWA with a GF Score™ of 47/100 and a GF Value™ of Rp124.73 (Fairly Valued). The stock has 5 warning signs investors should review. Among 1,912 Consumer Packaged Goods companies, PT Jaya Agra Wattie Tbk ranks better than 73.33% 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 Jaya Agra Wattie Tbk has an F-score of 6 indicating the company's financial situation is typical for a stable company.

The historical rank and industry rank for PT Jaya Agra Wattie Tbk's Piotroski F-Score or its related term are showing as below:

ISX:JAWA' s Piotroski F-Score Range Over the Past 10 Years
Min: 2   Med: 4   Max: 9
Current: 6

During the past 13 years, the highest Piotroski F-Score of PT Jaya Agra Wattie Tbk was 9. The lowest was 2. And the median was 4.

PT Jaya Agra Wattie Tbk  (ISX:JAWA) 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 Jaya Agra Wattie Tbk Piotroski F-Score Related Terms


PT Jaya Agra Wattie Tbk Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for PT Jaya Agra Wattie 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 Jaya Agra Wattie Tbk Piotroski F-Score Chart

PT Jaya Agra Wattie 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 7.00 5.00 3.00 7.00 8.00

PT Jaya Agra Wattie 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 7.00 7.00 9.00 8.00 6.00

ISX:JAWA vs ADM, BG, TSN: Piotroski F-Score Comparison

For the Farm Products subindustry, PT Jaya Agra Wattie 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 Jaya Agra Wattie Tbk Piotroski F-Score vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, PT Jaya Agra Wattie Tbk's Piotroski F-Score distribution charts can be found below:

* The bar in red indicates where PT Jaya Agra Wattie Tbk's Piotroski F-Score falls into.


ISX:JAWA
47GF Score
PT Jaya Agra Wattie Tbk ISX:JAWA
Piotroski F-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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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 11793.414 + 2182.658 + -65492.042 + -23139.943 = Rp-74,656 Mil.
Cash Flow from Operations was 32240.526 + 46420.366 + 41867.272 + 32173.195 = Rp152,701 Mil.
Revenue was 462413.278 + 406682.25 + 397173.301 + 354571.787 = Rp1,620,841 Mil.
Gross Profit was 49760.071 + 45666.267 + 47115.439 + 11643.819 = Rp154,186 Mil.
Average Total Assets from the begining of this year (Mar25)
to the end of this year (Mar26) was
(3928168.907 + 3962980.869 + 3982211.548 + 3960661.247 + 3969385.765) / 5 = Rp3960681.6672 Mil.
Total Assets at the begining of this year (Mar25) was Rp3,928,169 Mil.
Long-Term Debt & Capital Lease Obligation was Rp609,966 Mil.
Total Current Assets was Rp561,018 Mil.
Total Current Liabilities was Rp636,848 Mil.
Net Income was -85857.947 + -60301.29 + -10978.892 + 21647.014 = Rp-135,491 Mil.

Revenue was 214788.162 + 221997.979 + 443052.093 + 475668.31 = Rp1,355,507 Mil.
Gross Profit was 15186.91 + 6777.009 + 86831.034 + 70419.261 = Rp179,214 Mil.
Average Total Assets from the begining of last year (Mar24)
to the end of last year (Mar25) was
(3730648.222 + 3737382.708 + 3733124.488 + 3867576.733 + 3928168.907) / 5 = Rp3799380.2116 Mil.
Total Assets at the begining of last year (Mar24) was Rp3,730,648 Mil.
Long-Term Debt & Capital Lease Obligation was Rp766,733 Mil.
Total Current Assets was Rp590,716 Mil.
Total Current Liabilities was Rp531,064 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 Jaya Agra Wattie Tbk's current Net Income (TTM) was -74,656. ==> Negative ==> Score 0.

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 Jaya Agra Wattie Tbk's current Cash Flow from Operations (TTM) was 152,701. ==> 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)
=-74655.913/3928168.907
=-0.01900527

ROA (Last Year)=Net Income/Total Assets (Mar24)
=-135491.115/3730648.222
=-0.03631838

PT Jaya Agra Wattie Tbk's return on assets of this year was -0.01900527. PT Jaya Agra Wattie Tbk's return on assets of last year was -0.03631838. ==> 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 Jaya Agra Wattie Tbk's current Net Income (TTM) was -74,656. PT Jaya Agra Wattie Tbk's current Cash Flow from Operations (TTM) was 152,701. ==> 152,701 > -74,656 ==> 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
=609966.246/3960681.6672
=0.15400537

Gearing (Last Year: Mar25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar24 to Mar25
=766732.754/3799380.2116
=0.20180469

PT Jaya Agra Wattie Tbk's gearing of this year was 0.15400537. PT Jaya Agra Wattie Tbk's gearing of last year was 0.20180469. ==> 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
=561017.868/636847.874
=0.88092917

Current Ratio (Last Year: Mar25)=Total Current Assets/Total Current Liabilities
=590715.916/531064.29
=1.11232468

PT Jaya Agra Wattie Tbk's current ratio of this year was 0.88092917. PT Jaya Agra Wattie Tbk's current ratio of last year was 1.11232468. ==> 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 Jaya Agra Wattie Tbk's number of shares in issue this year was 16232.952. PT Jaya Agra Wattie Tbk's number of shares in issue last year was 16232.952. ==> 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
=154185.596/1620840.616
=0.09512693

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=179214.214/1355506.544
=0.13221199

PT Jaya Agra Wattie Tbk's gross margin of this year was 0.09512693. PT Jaya Agra Wattie Tbk's gross margin of last year was 0.13221199. ==> 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

Asset Turnover (This Year)=Revenue/Total Assets at the Beginning of This Year (Mar25)
=1620840.616/3928168.907
=0.41261989

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Mar24)
=1355506.544/3730648.222
=0.36334344

PT Jaya Agra Wattie Tbk's asset turnover of this year was 0.41261989. PT Jaya Agra Wattie Tbk's asset turnover of last year was 0.36334344. ==> This year's asset turnover is higher. ==> Score 1.

Evaluation

Piotroski F-Score= Que. 1+ Que. 2+ Que. 3+Que. 4+Que. 5+Que. 6+Que. 7+Que. 8+Que. 9
=0+1+1+1+1+0+1+0+1
=6

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

PT Jaya Agra Wattie Tbk has an F-score of 6 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 6 mean?
PT Jaya Agra Wattie Tbk (ISX:JAWA) has a Piotroski F-Score of 6 as of Jul. 22, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on PT Jaya Agra Wattie Tbk and its competitors. This is 50% above median its historical median of 4.00. Over the past decade, PT Jaya Agra Wattie Tbk's Piotroski F-Score has ranged from 2.00 to 9.00. According to the industry distribution chart, PT Jaya Agra Wattie Tbk ranks #510 out of 1912 companies in the Consumer Packaged Goods industry, placing it in the top 26.7%.
Is PT Jaya Agra Wattie Tbk's Piotroski F-Score too high?
PT Jaya Agra Wattie Tbk's current Piotroski F-Score of 6 is 50% above median its 10-year median of 4.00. Over the past 10 years, this metric has ranged from a low of 2.00 to a high of 9.00. The Consumer Packaged Goods industry median Piotroski F-Score is 5.00. PT Jaya Agra Wattie Tbk's value of 6 is 20% above this industry median. Based on the distribution chart, PT Jaya Agra Wattie Tbk ranks #510 out of 1912 companies in the Consumer Packaged Goods industry, which is above the industry midpoint. Overall, PT Jaya Agra Wattie Tbk has a GF Score™ of 47/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does PT Jaya Agra Wattie Tbk's Piotroski F-Score compare to ADM and BG?
According to the Consumer Packaged Goods industry distribution chart, PT Jaya Agra Wattie Tbk ranks #510 out of 1912 companies for Piotroski F-Score. This puts PT Jaya Agra Wattie Tbk in the upper half of its industry. The industry median Piotroski F-Score is 5.00. PT Jaya Agra Wattie Tbk's value of 6 is 20% above this benchmark. Historically, PT Jaya Agra Wattie Tbk's own Piotroski F-Score has ranged from 2.00 to 9.00 over the past decade. While the company's 10-year median is 4.00 vs. the industry median of 5.00, PT Jaya Agra Wattie 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 Consumer Packaged Goods company?
The median Piotroski F-Score among Consumer Packaged Goods companies is 5.00, based on 1,912 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 Jaya Agra Wattie Tbk's current Piotroski F-Score of 6 is 20% 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 Jaya Agra Wattie Tbk and its competitors. For the Consumer Packaged Goods 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 Jaya Agra Wattie Tbk's current Piotroski F-Score is 6, which is 50% above 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 Jaya Agra Wattie Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Jaya Agra Wattie Tbk (ISX:JAWA) is currently considered Fairly Valued. The stock's GF Value™ is Rp124.73, compared to a current price of Rp123.00 — trading 1.4% below its estimated fair value. The current Piotroski F-Score is 6, which is 50% above median its 10-year median of 4.00 and 20% above the Consumer Packaged Goods industry median of 5.00. PT Jaya Agra Wattie Tbk's overall GF Score™ is 47/100 with 5 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 Jaya Agra Wattie Tbk (ISX:JAWA), the current Piotroski F-Score is 6 as of Jul. 22, 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 Jaya Agra Wattie Tbk (ISX:JAWA) Overvalued in 2026?

Based on GuruFocus' analysis, PT Jaya Agra Wattie Tbk stock appears to be undervalued. The current stock price of Rp123.00 is trading 1.4% below its estimated GF Value™ of Rp124.73. GuruFocus considers PT Jaya Agra Wattie Tbk to be Fairly Valued.

Key valuation signals for ISX:JAWA:

  • Piotroski F-Score: 6 (50% above median its 10-year median of 4.00)
  • GF Value™: Rp124.73 vs. price of Rp123.00 (1.4% below fair value)
  • GF Score™: 47/100 with 5 warning signs
  • Industry Position: 20% above the Consumer Packaged Goods median (#510 of 1912)

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


PT Jaya Agra Wattie Tbk Business Description

Address Jalan Tanah Abang II Number 49-51, Gedung Graha Dinamika 2nd Floor, Jakarta, IDN, 10160
PT Jaya Agra Wattie Tbk is an agribusiness company that is engaged in cultivation, processing, agricultural logistics, and marketing activities. It produces rubber and crude palm oil and maintains commodities including coffee and tea. The group classifies its business activities into three business segments, consisting of Rubber, Palm Oil and Other. It derives its revenue from the Palm Oil segment.
47GF Score

Get the complete analysis for ISX:JAWA

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

Rp123.00
Price
Rp124.73
GF Value