PT Nusantarawit Sejahtera Tbk (ISX:NSSS) Piotroski F-Score: 9 (As of Jun. 28, 2026) — 13% Above Median


ISX:NSSS PT Nusantara Sawit Sejahtera Tbk ISX:NSSS
94 GF Score
Price Rp555.00
GF Value Rp410.24
Valuation Significantly Overvalued
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What is PT Nusantarawit Sejahtera Tbk Piotroski F-Score?

PT Nusantarawit Sejahtera Tbk ISX:NSSS -6.72% 94 Piotroski F-Score is 9 as of Jun. 28, 2026, which is 13% above its 10-year median of 8.00. GuruFocus rates ISX:NSSS with a GF Score™ of 94/100 and a GF Value™ of Rp410.24 (Significantly Overvalued). Among 1,910 Consumer Packaged Goods companies, PT Nusantarawit Sejahtera Tbk ranks better than 99.95% on this metric.

Good Sign:

Piotroski F-Score is 9, 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 Nusantarawit Sejahtera Tbk has an F-score of 9. It is a good or high score, which usually indicates a very healthy situation.

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

ISX:NSSS' s Piotroski F-Score Range Over the Past 10 Years
Min: 4   Med: 8   Max: 9
Current: 9

During the past 7 years, the highest Piotroski F-Score of PT Nusantarawit Sejahtera Tbk was 9. The lowest was 4. And the median was 8.

PT Nusantarawit Sejahtera Tbk  (ISX:NSSS) 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 Nusantarawit Sejahtera Tbk Piotroski F-Score Related Terms


PT Nusantarawit Sejahtera Tbk Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for PT Nusantarawit Sejahtera 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 Nusantarawit Sejahtera Tbk Piotroski F-Score Chart

PT Nusantarawit Sejahtera Tbk Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Piotroski F-Score
Get a 7-Day Free Trial N/A N/A 5.00 8.00 9.00

PT Nusantarawit Sejahtera Tbk Quarterly Data
Dec19 Dec20 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 8.00 9.00 9.00 9.00 9.00

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

For the Farm Products subindustry, PT Nusantarawit Sejahtera 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 Nusantarawit Sejahtera Tbk Piotroski F-Score vs Consumer Packaged Goods Industry

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

* The bar in red indicates where PT Nusantarawit Sejahtera Tbk's Piotroski F-Score falls into.


ISX:NSSS
94GF Score
PT Nusantara Sawit Sejahtera Tbk ISX:NSSS
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 152101.149 + 239865.288 + 93695.562 + 141777 = Rp627,439 Mil.
Cash Flow from Operations was 215795.281 + 301067.807 + 230698.912 + 188996 = Rp936,558 Mil.
Revenue was 470201.392 + 544904.771 + 522279.838 + 517129 = Rp2,054,515 Mil.
Gross Profit was 260163.26 + 303163.097 + 284197.643 + 228196 = Rp1,075,720 Mil.
Average Total Assets from the begining of this year (Mar25)
to the end of this year (Mar26) was
(3787385.63 + 3880382.139 + 4121353.492 + 4202376 + 4236504) / 5 = Rp4045600.2522 Mil.
Total Assets at the begining of this year (Mar25) was Rp3,787,386 Mil.
Long-Term Debt & Capital Lease Obligation was Rp1,191,832 Mil.
Total Current Assets was Rp1,257,497 Mil.
Total Current Liabilities was Rp843,411 Mil.
Net Income was 16349.996 + 113299.042 + 169232.346 + 162162 = Rp461,043 Mil.

Revenue was 291598.535 + 385240.108 + 535090.804 + 476415 = Rp1,688,344 Mil.
Gross Profit was 77382.226 + 164817.893 + 277173.291 + 246705 = Rp766,078 Mil.
Average Total Assets from the begining of last year (Mar24)
to the end of last year (Mar25) was
(3651054.06 + 3699066.453 + 3735923.54 + 3727745 + 3787385.63) / 5 = Rp3720234.9366 Mil.
Total Assets at the begining of last year (Mar24) was Rp3,651,054 Mil.
Long-Term Debt & Capital Lease Obligation was Rp1,527,509 Mil.
Total Current Assets was Rp680,961 Mil.
Total Current Liabilities was Rp604,436 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 Nusantarawit Sejahtera Tbk's current Net Income (TTM) was 627,439. ==> 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 Nusantarawit Sejahtera Tbk's current Cash Flow from Operations (TTM) was 936,558. ==> 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)
=627438.999/3787385.63
=0.16566546

ROA (Last Year)=Net Income/Total Assets (Mar24)
=461043.384/3651054.06
=0.12627679

PT Nusantarawit Sejahtera Tbk's return on assets of this year was 0.16566546. PT Nusantarawit Sejahtera Tbk's return on assets of last year was 0.12627679. ==> 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 Nusantarawit Sejahtera Tbk's current Net Income (TTM) was 627,439. PT Nusantarawit Sejahtera Tbk's current Cash Flow from Operations (TTM) was 936,558. ==> 936,558 > 627,439 ==> 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
=1191832/4045600.2522
=0.29459955

Gearing (Last Year: Mar25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar24 to Mar25
=1527509.023/3720234.9366
=0.41059477

PT Nusantarawit Sejahtera Tbk's gearing of this year was 0.29459955. PT Nusantarawit Sejahtera Tbk's gearing of last year was 0.41059477. ==> 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
=1257497/843411
=1.49096585

Current Ratio (Last Year: Mar25)=Total Current Assets/Total Current Liabilities
=680960.997/604435.512
=1.12660653

PT Nusantarawit Sejahtera Tbk's current ratio of this year was 1.49096585. PT Nusantarawit Sejahtera Tbk's current ratio of last year was 1.12660653. ==> 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 Nusantarawit Sejahtera Tbk's number of shares in issue this year was 23801.569. PT Nusantarawit Sejahtera Tbk's number of shares in issue last year was 23801.569. ==> 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
=1075720/2054515.001
=0.52358829

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=766078.41/1688344.447
=0.45374533

PT Nusantarawit Sejahtera Tbk's gross margin of this year was 0.52358829. PT Nusantarawit Sejahtera Tbk's gross margin of last year was 0.45374533. ==> 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)
=2054515.001/3787385.63
=0.54246259

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Mar24)
=1688344.447/3651054.06
=0.46242658

PT Nusantarawit Sejahtera Tbk's asset turnover of this year was 0.54246259. PT Nusantarawit Sejahtera Tbk's asset turnover of last year was 0.46242658. ==> 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+1+1+1+1+1+1
=9

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

PT Nusantarawit Sejahtera Tbk has an F-score of 9. 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 9 mean?
PT Nusantarawit Sejahtera Tbk (ISX:NSSS) has a Piotroski F-Score of 9 as of Jun. 28, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on PT Nusantarawit Sejahtera Tbk and its competitors. This is 13% above median its historical median of 8.00. Over the past decade, PT Nusantarawit Sejahtera Tbk's Piotroski F-Score has ranged from 4.00 to 9.00. According to the industry distribution chart, PT Nusantarawit Sejahtera Tbk ranks #1 out of 1910 companies in the Consumer Packaged Goods industry, placing it in the top 0.099999999999994%.
Is PT Nusantarawit Sejahtera Tbk's Piotroski F-Score too high?
PT Nusantarawit Sejahtera Tbk's current Piotroski F-Score of 9 is 13% above median its 10-year median of 8.00. Over the past 10 years, this metric has ranged from a low of 4.00 to a high of 9.00. The Consumer Packaged Goods industry median Piotroski F-Score is 5.00. PT Nusantarawit Sejahtera Tbk's value of 9 is 80% above this industry median. Based on the distribution chart, PT Nusantarawit Sejahtera Tbk ranks #1 out of 1910 companies in the Consumer Packaged Goods industry, which is in the top quartile — a strong position relative to peers. Overall, PT Nusantarawit Sejahtera Tbk has a GF Score™ of 94/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does PT Nusantarawit Sejahtera Tbk's Piotroski F-Score compare to ADM and BG?
According to the Consumer Packaged Goods industry distribution chart, PT Nusantarawit Sejahtera Tbk ranks #1 out of 1910 companies for Piotroski F-Score. This places PT Nusantarawit Sejahtera Tbk in the top 0% of its industry — outperforming the majority of peers. The industry median Piotroski F-Score is 5.00. PT Nusantarawit Sejahtera Tbk's value of 9 is 80% above this benchmark. Historically, PT Nusantarawit Sejahtera Tbk's own Piotroski F-Score has ranged from 4.00 to 9.00 over the past decade. While the company's 10-year median is 8.00 vs. the industry median of 5.00, PT Nusantarawit Sejahtera 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 1,910 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 Nusantarawit Sejahtera Tbk's current Piotroski F-Score of 9 is 80% 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 Nusantarawit Sejahtera 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 Nusantarawit Sejahtera Tbk's current Piotroski F-Score is 9, which is 13% above median its own 10-year median of 8.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Nusantarawit Sejahtera Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Nusantarawit Sejahtera Tbk (ISX:NSSS) is currently considered Significantly Overvalued. The stock's GF Value™ is Rp410.24, compared to a current price of Rp555.00 — trading 35.3% above its estimated fair value. The current Piotroski F-Score is 9, which is 13% above median its 10-year median of 8.00 and 80% above the Consumer Packaged Goods industry median of 5.00. PT Nusantarawit Sejahtera Tbk's overall GF Score™ is 94/100. 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 Nusantarawit Sejahtera Tbk (ISX:NSSS), the current Piotroski F-Score is 9 as of Jun. 28, 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 Nusantarawit Sejahtera Tbk (ISX:NSSS) Overvalued in 2026?

Based on GuruFocus' analysis, PT Nusantarawit Sejahtera Tbk stock appears to be overvalued. The current stock price of Rp555.00 is trading 35.3% above its estimated GF Value™ of Rp410.24. GuruFocus considers PT Nusantarawit Sejahtera Tbk to be Significantly Overvalued.

Key valuation signals for ISX:NSSS:

  • Piotroski F-Score: 9 (13% above median its 10-year median of 8.00)
  • GF Value™: Rp410.24 vs. price of Rp555.00 (35.3% above fair value)
  • GF Score™: 94/100
  • Industry Position: 80% above the Consumer Packaged Goods median (#1 of 1910)

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


PT Nusantarawit Sejahtera Tbk Business Description

Address Jalan H.R. Rasuna Said Kav.1, Menara Imperium Lantai 20, Suite C, Kelurahan Guntur, Kecamatan Setiabudi, Kota Administrasi, Jakarta Selatan, IDN, 12980
PT Nusantara Sawit Sejahtera Tbk is a company engaged in the business of other management consulting activities which oversees several other companies in the upstream oil palm plantation sector with five plantation areas located in Central Kalimantan, specifically for the sale of palm oil products such as; Fresh Fruit Bunches, Crude Palm Oil, and Palm Kernel.
94GF Score

Get the complete analysis for ISX:NSSS

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

Rp555.00
Price
Rp410.24
GF Value