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PT Murnidar TbkISX:MTMH +1.61%77 Piotroski F-Score is 7 as of Jul. 21, 2026, which is at its 10-year median of 7.00. GuruFocus rates ISX:MTMH with a GF Score™ of 77/100 and a GF Value™ of Rp1,612.25 (Possible Value Trap). The stock has 7 warning signs investors should review. Among 646 Healthcare Providers & Services companies, PT Murnidar Tbk ranks better than 88.7% 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 Murnidar Tbk 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 Murnidar Tbk's Piotroski F-Score or its related term are showing as below:
ISX:MTMH'
s Piotroski F-Score Range Over the Past 10 Years
Min: 2 Med: 7 Max: 8
Current: 7
During the past 8 years, the highest Piotroski F-Score of PT Murnidar Tbk was 8. The lowest was 2. And the median was 7.
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 Murnidar Tbk Piotroski F-Score Related Terms
PT Murnidar Tbk Piotroski F-Score Historical Data
* Premium members only.
The historical data trend for PT Murnidar 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:MTMH vs HCA, THC, DVA: Piotroski F-Score Comparison
For the Medical Care Facilities subindustry, PT Murnidar 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 Murnidar Tbk Piotroski F-Score vs Healthcare Providers & Services Industry
For the Healthcare Providers & Services industry and Healthcare sector, PT Murnidar Tbk's Piotroski F-Score distribution charts can be found below:
* The bar in red indicates where PT Murnidar 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.
This Year (Mar26) TTM:
Last Year (Mar25) TTM:
Net Income was 21028.476 + 29959.435 + -21193.275 + 10843.493 = Rp40,638 Mil. Cash Flow from Operations was 70825.347 + 53523.366 + 96695.717 + 55655.99 = Rp276,700 Mil. Revenue was 330555.209 + 362373.609 + 355536.825 + 380096.975 = Rp1,428,563 Mil. Gross Profit was 103594.204 + 122256.384 + 83314.506 + 112588.789 = Rp421,754 Mil.
Average Total Assets from the begining of this year (Mar25)
to the end of this year (Mar26) was
(2452717.127 + 2510535.276 + 2639909.246 + 2645107.364 + 2754811.946) / 5 = Rp2600616.1918 Mil. Total Assets at the begining of this year (Mar25) was Rp2,452,717 Mil. Long-Term Debt & Capital Lease Obligation was Rp546,049 Mil. Total Current Assets was Rp262,171 Mil. Total Current Liabilities was Rp626,668 Mil.
Net Income was 4399.48 + 7510.264 + -13736.655 + 13829.619 = Rp12,003 Mil.
Revenue was 261999.599 + 281648.274 + 260479.117 + 309386.838 = Rp1,113,514 Mil. Gross Profit was 68468.92 + 74891.031 + 52056.019 + 96153.03 = Rp291,569 Mil.
Average Total Assets from the begining of last year (Mar24)
to the end of last year (Mar25) was
(1949515.283 + 2272729.955 + 2352790.531 + 2376583.974 + 2452717.127) / 5 = Rp2280867.374 Mil. Total Assets at the begining of last year (Mar24) was Rp1,949,515 Mil. Long-Term Debt & Capital Lease Obligation was Rp468,295 Mil. Total Current Assets was Rp261,362 Mil. Total Current Liabilities was Rp519,286 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 Murnidar Tbk's current Net Income (TTM) was 40,638.
==> 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.
PT Murnidar Tbk's return on assets of this year was 0.01656862. PT Murnidar Tbk's return on assets of last year was 0.00615677.
==> This year is higher. ==> Score 1.
Question 4. Quality of Earnings (Accrual)
Compare Cash flow return on assets (2) to return on assets (1)
PT Murnidar Tbk's gearing of this year was 0.20996906. PT Murnidar Tbk's gearing of last year was 0.20531454.
==> Last year is lower than this year ==> Score 0.
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 Murnidar Tbk's current ratio of this year was 0.41835675. PT Murnidar Tbk's current ratio of last year was 0.50331055.
==> 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 Murnidar Tbk's number of shares in issue this year was 2068.527. PT Murnidar Tbk's number of shares in issue last year was 2068.527.
==> 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 Murnidar Tbk's gross margin of this year was 0.29522954. PT Murnidar Tbk's gross margin of last year was 0.26184587.
==> 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
PT Murnidar Tbk's asset turnover of this year was 0.58244084. PT Murnidar Tbk's asset turnover of last year was 0.57117471.
==> This year's asset turnover is higher. ==> Score 1.
Evaluation
Piotroski F-Score
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Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3
PT Murnidar Tbk has an F-score of 7. It is a good or high score, which usually indicates a very healthy situation.
PT Murnidar Tbk (ISX:MTMH) has a Piotroski F-Score of 7 as of Jul. 21, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on PT Murnidar Tbk and its competitors. This is near median its historical median of 7.00. Over the past decade, PT Murnidar Tbk's Piotroski F-Score has ranged from 2.00 to 8.00. According to the industry distribution chart, PT Murnidar Tbk ranks #73 out of 646 companies in the Healthcare Providers & Services industry, placing it in the top 11.3%.
Is PT Murnidar Tbk's Piotroski F-Score too high?
PT Murnidar Tbk's current Piotroski F-Score of 7 is near median its 10-year median of 7.00. Over the past 10 years, this metric has ranged from a low of 2.00 to a high of 8.00. The Healthcare Providers & Services industry median Piotroski F-Score is 5.00. PT Murnidar Tbk's value of 7 is 40% above this industry median. Based on the distribution chart, PT Murnidar Tbk ranks #73 out of 646 companies in the Healthcare Providers & Services industry, which is in the top quartile — a strong position relative to peers. Overall, PT Murnidar Tbk has a GF Score™ of 77/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does PT Murnidar Tbk's Piotroski F-Score compare to HCA and THC?
According to the Healthcare Providers & Services industry distribution chart, PT Murnidar Tbk ranks #73 out of 646 companies for Piotroski F-Score. This places PT Murnidar Tbk in the top 11% of its industry — outperforming the majority of peers. The industry median Piotroski F-Score is 5.00. PT Murnidar Tbk's value of 7 is 40% above this benchmark. Historically, PT Murnidar Tbk's own Piotroski F-Score has ranged from 2.00 to 8.00 over the past decade. While the company's 10-year median is 7.00 vs. the industry median of 5.00, PT Murnidar 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 Healthcare Providers & Services company?
The median Piotroski F-Score among Healthcare Providers & Services companies is 5.00, based on 646 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 Murnidar Tbk'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 Murnidar Tbk and its competitors. For the Healthcare Providers & Services 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 Murnidar Tbk's current Piotroski F-Score is 7, which is near median its own 10-year median of 7.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Murnidar Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Murnidar Tbk (ISX:MTMH) is currently considered Possible Value Trap. The stock's GF Value™ is Rp1,612.25, compared to a current price of Rp945.00 — trading 41.4% below its estimated fair value. The current Piotroski F-Score is 7, which is near median its 10-year median of 7.00 and 40% above the Healthcare Providers & Services industry median of 5.00. PT Murnidar Tbk's overall GF Score™ is 77/100 with 7 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 Murnidar Tbk (ISX:MTMH), the current Piotroski F-Score is 7 as of Jul. 21, 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 Murnidar Tbk (ISX:MTMH) Overvalued in 2026?
Based on GuruFocus' analysis, PT Murnidar Tbk stock appears to be undervalued.
The current stock price of Rp945.00 is trading 41.4% below its estimated GF Value™ of Rp1,612.25.
GuruFocus considers PT Murnidar Tbk to be Possible Value Trap.
Key valuation signals for ISX:MTMH:
Piotroski F-Score: 7 (near median its 10-year median of 7.00)
GF Value™: Rp1,612.25 vs. price of Rp945.00 (41.4% below fair value)
Industry Position: 40% above the Healthcare Providers & Services median (#73 of 646)
No single metric tells the full story. See the ISX:MTMH stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
PT Murni Sadar Tbk is a health service provider with a focus on oncology and cardiovascular as well as health education centers. The company's operating segments are Memorial Hospital, Susanna Wesley, RSIA Rosiva, Horas Insani, and Lainnya. The company generates the majority of its revenue from Memorial Hospital.
77GF Score
Get the complete analysis for ISX:MTMH
Piotroski F-Score is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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