PT Multi Medika Internasional Tbk (ISX:MMIX) Piotroski F-Score


ISX:MMIX PT Multi Medika Internasional Tbk ISX:MMIX
24 GF Score
Price Rp750.00
View Full Analysis

What is PT Multi Medika Internasional Tbk Piotroski F-Score?

PT Multi Medika Internasional Tbk does not have enough data to calculate Piotroski F-Score.

PT Multi Medika Internasional Tbk  (ISX:MMIX) 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 Multi Medika Internasional Tbk Piotroski F-Score Related Terms

PT Multi Medika Internasional Tbk Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for PT Multi Medika Internasional 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 Multi Medika Internasional Tbk Piotroski F-Score Chart

PT Multi Medika Internasional Tbk Annual Data
Trend Dec20 Dec21
Piotroski F-Score
0.00 0.00

PT Multi Medika Internasional Tbk Semi-Annual Data
Dec20 Dec21
Piotroski F-Score 0.00 0.00
ISX:MMIX
24GF Score
PT Multi Medika Internasional Tbk ISX:MMIX
Piotroski F-Score is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

PT Multi Medika Internasional Tbk Business Description

Address Jl. Peternakan III No.55B, Kelurahan Kapuk, Kecamatan Cengkareng, Jakarta Barat, DKI Jakarta, Kode Pos, Jakarta, IDN, 11720
PT Multi Medika Internasional Tbk is engaged in the wholesale trading of medical devices and pharmaceutical and laboratory equipment for humans, operating lease, and non-copyrighted works. It also wholesales other food and beverages, such as rice flour, tapioca flour, bakery premix, caramel, processed honey, shrimp crackers and others; agricultural food and beverages, such as herbs and spices; livestock and fisheries; non-alcoholic beverages, such as fruit juice, soft drinks, mineral water, bottled water, and other similar products; cosmetics for humans such as perfume, soap, powder and others. Its segments include Mask and other non food and beverages, and food and beverages. It derives the majoritf of the revenue from Mask and other non food and beverages segments.
24GF Score

Get the complete analysis for ISX:MMIX

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

Rp750.00
Price