PT Ketrosden Triasmitra (ISX:KETR) Piotroski F-Score: 7 (As of Jul. 18, 2026) — 17% Above Median

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ISX:KETR PT Ketrosden Triasmitra ISX:KETR
91 GF Score
Price Rp525.00
GF Value Rp419.72
Valuation Modestly Overvalued
! 5 Warning Signs
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What is PT Ketrosden Triasmitra Piotroski F-Score?

PT Ketrosden Triasmitra ISX:KETR -2.78% 91 Piotroski F-Score is 7 as of Jul. 18, 2026, which is 17% above its 10-year median of 6.00. GuruFocus rates ISX:KETR with a GF Score™ of 91/100 and a GF Value™ of Rp419.72 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 2,431 Hardware companies, PT Ketrosden Triasmitra ranks better than 91.16% on this metric.

Good Sign:

Piotroski F-Score is 7, 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 Ketrosden Triasmitra has an F-score of 7. It is a good or high score, which usually indicates a very healthy situation.

The historical rank and industry rank for PT Ketrosden Triasmitra's Piotroski F-Score or its related term are showing as below:

ISX:KETR' s Piotroski F-Score Range Over the Past 10 Years
Min: 4   Med: 6   Max: 7
Current: 7

During the past 7 years, the highest Piotroski F-Score of PT Ketrosden Triasmitra was 7. The lowest was 4. And the median was 6.

PT Ketrosden Triasmitra  (ISX:KETR) 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 Ketrosden Triasmitra Piotroski F-Score Related Terms


PT Ketrosden Triasmitra Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for PT Ketrosden Triasmitra'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 Ketrosden Triasmitra Piotroski F-Score Chart

PT Ketrosden Triasmitra Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Piotroski F-Score
Get a 7-Day Free Trial N/A N/A N/A N/A N/A

PT Ketrosden Triasmitra Quarterly Data
Dec19 Dec20 Mar21 Dec21 Mar22 Dec22 Dec23 Dec24 Mar25 Sep25 Dec25 Mar26
Piotroski F-Score Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only N/A N/A 4.00 N/A 7.00

ISX:KETR vs CSCO, CIEN, MSI: Piotroski F-Score Comparison

For the Communication Equipment subindustry, PT Ketrosden Triasmitra'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 Ketrosden Triasmitra Piotroski F-Score vs Hardware Industry

For the Hardware industry and Technology sector, PT Ketrosden Triasmitra's Piotroski F-Score distribution charts can be found below:

* The bar in red indicates where PT Ketrosden Triasmitra's Piotroski F-Score falls into.


ISX:KETR
91GF Score
PT Ketrosden Triasmitra ISX:KETR
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 (Dec24) TTM:
Net Income was 16739.067 + 0 + 3848.641 + 45314.503 = Rp65,902 Mil.
Cash Flow from Operations was -5058.36 + 0 + 0 + 13217.812 = Rp8,159 Mil.
Revenue was 115573.911 + 0 + 143155.011 + 229808.826 = Rp488,538 Mil.
Gross Profit was 64566.533 + 0 + 98371.626 + 95938.844 = Rp258,877 Mil.
Average Total Assets from the begining of this year (Dec24)
to the end of this year (Mar26) was
(2071054.52 + 0 + 2277567.592 + 2393143.027 + 2170821.93) / 5 = Rp2228146.76725 Mil.
Total Assets at the begining of this year (Dec24) was Rp2,071,055 Mil.
Long-Term Debt & Capital Lease Obligation was Rp331,584 Mil.
Total Current Assets was Rp1,425,200 Mil.
Total Current Liabilities was Rp611,941 Mil.
Net Income was 2515.871 + 0 + 0 + 1631.104 = Rp4,147 Mil.

Revenue was 50595.499 + 0 + 0 + 202383.559 = Rp252,979 Mil.
Gross Profit was 29444.288 + 0 + 0 + 56594.346 = Rp86,039 Mil.
Average Total Assets from the begining of last year (Dec21)
to the end of last year (Dec24) was
(1386110.796 + 1394359.479 + 1605014.791 + 2175079.867 + 2071054.52) / 5 = Rp1726323.8906 Mil.
Total Assets at the begining of last year (Dec21) was Rp1,386,111 Mil.
Long-Term Debt & Capital Lease Obligation was Rp679,173 Mil.
Total Current Assets was Rp1,290,087 Mil.
Total Current Liabilities was Rp350,798 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 Ketrosden Triasmitra's current Net Income (TTM) was 65,902. ==> 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 Ketrosden Triasmitra's current Cash Flow from Operations (TTM) was 8,159. ==> 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 (Dec24)
=65902.211/2071054.52
=0.03182061

ROA (Last Year)=Net Income/Total Assets (Dec21)
=4146.975/1386110.796
=0.00299181

PT Ketrosden Triasmitra's return on assets of this year was 0.03182061. PT Ketrosden Triasmitra's return on assets of last year was 0.00299181. ==> 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 Ketrosden Triasmitra's current Net Income (TTM) was 65,902. PT Ketrosden Triasmitra's current Cash Flow from Operations (TTM) was 8,159. ==> 8,159 <= 65,902 ==> CFROA <= ROA ==> Score 0.

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 Dec24 to Mar26
=331583.919/2228146.76725
=0.14881601

Gearing (Last Year: Dec24)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Dec21 to Dec24
=679173.085/1726323.8906
=0.39342159

PT Ketrosden Triasmitra's gearing of this year was 0.14881601. PT Ketrosden Triasmitra's gearing of last year was 0.39342159. ==> 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
=1425200.033/611941.263
=2.32898175

Current Ratio (Last Year: Dec24)=Total Current Assets/Total Current Liabilities
=1290087.346/350797.546
=3.67758373

PT Ketrosden Triasmitra's current ratio of this year was 2.32898175. PT Ketrosden Triasmitra's current ratio of last year was 3.67758373. ==> 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 Ketrosden Triasmitra's number of shares in issue this year was 2841.263. PT Ketrosden Triasmitra's number of shares in issue last year was 2841.263. ==> 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
=258877.003/488537.748
=0.52990174

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=86038.634/252979.058
=0.3401018

PT Ketrosden Triasmitra's gross margin of this year was 0.52990174. PT Ketrosden Triasmitra's gross margin of last year was 0.3401018. ==> 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 (Dec24)
=488537.748/2071054.52
=0.23588841

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Dec21)
=252979.058/1386110.796
=0.18250998

PT Ketrosden Triasmitra's asset turnover of this year was 0.23588841. PT Ketrosden Triasmitra's asset turnover of last year was 0.18250998. ==> 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
=1+1+1+0+1+0+1+1+1
=7

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

PT Ketrosden Triasmitra has an F-score of 7. 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 7 mean?
PT Ketrosden Triasmitra (ISX:KETR) has a Piotroski F-Score of 7 as of Jul. 18, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on PT Ketrosden Triasmitra and its competitors. This is 17% above median its historical median of 6.00. Over the past decade, PT Ketrosden Triasmitra's Piotroski F-Score has ranged from 4.00 to 7.00. According to the industry distribution chart, PT Ketrosden Triasmitra ranks #215 out of 2431 companies in the Hardware industry, placing it in the top 8.8%.
Is PT Ketrosden Triasmitra's Piotroski F-Score too high?
PT Ketrosden Triasmitra's current Piotroski F-Score of 7 is 17% above 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 7.00. The Hardware industry median Piotroski F-Score is 5.00. PT Ketrosden Triasmitra's value of 7 is 40% above this industry median. Based on the distribution chart, PT Ketrosden Triasmitra ranks #215 out of 2431 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, PT Ketrosden Triasmitra has a GF Score™ of 91/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does PT Ketrosden Triasmitra's Piotroski F-Score compare to CSCO and CIEN?
According to the Hardware industry distribution chart, PT Ketrosden Triasmitra ranks #215 out of 2431 companies for Piotroski F-Score. This places PT Ketrosden Triasmitra in the top 9% of its industry — outperforming the majority of peers. The industry median Piotroski F-Score is 5.00. PT Ketrosden Triasmitra's value of 7 is 40% above this benchmark. Historically, PT Ketrosden Triasmitra's own Piotroski F-Score has ranged from 4.00 to 7.00 over the past decade. While the company's 10-year median is 6.00 vs. the industry median of 5.00, PT Ketrosden Triasmitra 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 Hardware company?
The median Piotroski F-Score among Hardware companies is 5.00, based on 2,431 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 Ketrosden Triasmitra's current Piotroski F-Score of 7 is 40% 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 Ketrosden Triasmitra and its competitors. For the Hardware 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 Ketrosden Triasmitra's current Piotroski F-Score is 7, which is 17% 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 Ketrosden Triasmitra stock overvalued right now?
Based on GuruFocus' analysis, PT Ketrosden Triasmitra (ISX:KETR) is currently considered Modestly Overvalued. The stock's GF Value™ is Rp419.72, compared to a current price of Rp525.00 — trading 25.1% above its estimated fair value. The current Piotroski F-Score is 7, which is 17% above median its 10-year median of 6.00 and 40% above the Hardware industry median of 5.00. PT Ketrosden Triasmitra's overall GF Score™ is 91/100 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 Ketrosden Triasmitra (ISX:KETR), the current Piotroski F-Score is 7 as of Jul. 18, 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 Ketrosden Triasmitra (ISX:KETR) Overvalued in 2026?

Based on GuruFocus' analysis, PT Ketrosden Triasmitra stock appears to be overvalued. The current stock price of Rp525.00 is trading 25.1% above its estimated GF Value™ of Rp419.72. GuruFocus considers PT Ketrosden Triasmitra to be Modestly Overvalued.

Key valuation signals for ISX:KETR:

  • Piotroski F-Score: 7 (17% above median its 10-year median of 6.00)
  • GF Value™: Rp419.72 vs. price of Rp525.00 (25.1% above fair value)
  • GF Score™: 91/100 with 5 warning signs
  • Industry Position: 40% above the Hardware median (#215 of 2431)

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


PT Ketrosden Triasmitra Business Description

Address Jalan DI Panjaitan Kav 2, Gedung Meta Epsi Lt. 2, Meta Epsi Building, 2nd FLoor, Rawa Bunga, Jatinegara, East Jakarta, Jakarta, IDN, 13350
PT Ketrosden Triasmitra is a telecommunication infrastructure company that specializes in the deployment, ownership, maintenance, monitoring and commercialization of both submarine and inland fiber optic backbone systems. The company's business is classified into three areas: Sales of Fiber Optic Cable System, Construction Services, and Maintenance and Management of Fiber Optic Cable System. The majority of the revenue is derived from the Construction Services and Sales of Fiber Cable System.
91GF Score

Get the complete analysis for ISX:KETR

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

Rp525.00
Price
Rp419.72
GF Value