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PT AEP Pinago Plantations TbkISX:PNGO +0.86%81 Piotroski F-Score is 8 as of Sep. 07, 2026, which is 14% above its 10-year median of 7.00. GuruFocus rates ISX:PNGO with a GF Score™ of 81/100 and a GF Value™ of Rp1,970.35 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 1,944 Consumer Packaged Goods companies, PT AEP Pinago Plantations Tbk ranks better than 97.63% on this metric.
Good Sign:
Piotroski F-Score is 8, 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 AEP Pinago Plantations Tbk has an F-score of 8. It is a good or high score, which usually indicates a very healthy situation.
The historical rank and industry rank for PT AEP Pinago Plantations Tbk's Piotroski F-Score or its related term are showing as below:
ISX:PNGO'
s Piotroski F-Score Range Over the Past 10 Years
Min: 4 Med: 7 Max: 9
Current: 8
During the past 9 years, the highest Piotroski F-Score of PT AEP Pinago Plantations Tbk was 9. The lowest was 4. 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 AEP Pinago Plantations Tbk Piotroski F-Score Related Terms
PT AEP Pinago Plantations Tbk Piotroski F-Score Historical Data
* 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:PNGO vs ADM, BG, TSN: Piotroski F-Score Comparison
For the Farm Products subindustry, PT AEP Pinago Plantations 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 AEP Pinago Plantations Tbk Piotroski F-Score vs Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, PT AEP Pinago Plantations Tbk's Piotroski F-Score distribution charts can be found below:
* The bar in red indicates where PT AEP Pinago Plantations 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 (Jun26) TTM:
Last Year (Jun25) TTM:
Net Income was 61688.078 + 108904.047 + 39600.884 + 119703.525 = Rp329,897 Mil. Cash Flow from Operations was 60197.313 + 153611.945 + 107422.585 + 62580.922 = Rp383,813 Mil. Revenue was 416282.741 + 676205.663 + 571633.378 + 544924.388 = Rp2,209,046 Mil. Gross Profit was 88196.775 + 221837.882 + 160914.482 + 162774.046 = Rp633,723 Mil.
Average Total Assets from the begining of this year (Jun25)
to the end of this year (Jun26) was
(1626419.778 + 1676461.014 + 1745523.187 + 1688656.733 + 1714967.584) / 5 = Rp1690405.6592 Mil. Total Assets at the begining of this year (Jun25) was Rp1,626,420 Mil. Long-Term Debt & Capital Lease Obligation was Rp81,102 Mil. Total Current Assets was Rp410,323 Mil. Total Current Liabilities was Rp260,132 Mil.
Net Income was 27864.768 + 81948.181 + 87384.585 + 63653.377 = Rp260,851 Mil.
Revenue was 426877.838 + 692707.207 + 723499.621 + 487931.229 = Rp2,331,016 Mil. Gross Profit was 92754.065 + 207668.781 + 195921.883 + 122098.258 = Rp618,443 Mil.
Average Total Assets from the begining of last year (Jun24)
to the end of last year (Jun25) was
(1571886.895 + 1562371.107 + 1763677.465 + 1638825.026 + 1626419.778) / 5 = Rp1632636.0542 Mil. Total Assets at the begining of last year (Jun24) was Rp1,571,887 Mil. Long-Term Debt & Capital Lease Obligation was Rp152,899 Mil. Total Current Assets was Rp330,153 Mil. Total Current Liabilities was Rp278,417 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 AEP Pinago Plantations Tbk's current Net Income (TTM) was 329,897.
==> 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 AEP Pinago Plantations Tbk's current Cash Flow from Operations (TTM) was 383,813.
==> 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.
PT AEP Pinago Plantations Tbk's return on assets of this year was 0.20283603. PT AEP Pinago Plantations Tbk's return on assets of last year was 0.16594763.
==> 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 AEP Pinago Plantations Tbk's gearing of this year was 0.04797755. PT AEP Pinago Plantations Tbk's gearing of last year was 0.09365173.
==> 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
PT AEP Pinago Plantations Tbk's current ratio of this year was 1.57736675. PT AEP Pinago Plantations Tbk's current ratio of last year was 1.18582277.
==> 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 AEP Pinago Plantations Tbk's number of shares in issue this year was 781.25. PT AEP Pinago Plantations Tbk's number of shares in issue last year was 781.25.
==> 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 AEP Pinago Plantations Tbk's gross margin of this year was 0.28687639. PT AEP Pinago Plantations Tbk's gross margin of last year was 0.2653105.
==> 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 AEP Pinago Plantations Tbk's asset turnover of this year was 1.35822633. PT AEP Pinago Plantations Tbk's asset turnover of last year was 1.48294124.
==> Last year's asset turnover is higher ==> Score 0.
Evaluation
Piotroski F-Score
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Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3
PT AEP Pinago Plantations Tbk has an F-score of 8. It is a good or high score, which usually indicates a very healthy situation.
PT AEP Pinago Plantations Tbk (ISX:PNGO) has a Piotroski F-Score of 8 as of Sep. 07, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on PT AEP Pinago Plantations Tbk and its competitors. This is 14% above median its historical median of 7.00. Over the past decade, PT AEP Pinago Plantations Tbk's Piotroski F-Score has ranged from 4.00 to 9.00. According to the industry distribution chart, PT AEP Pinago Plantations Tbk ranks #46 out of 1944 companies in the Consumer Packaged Goods industry, placing it in the top 2.4%.
Is PT AEP Pinago Plantations Tbk's Piotroski F-Score too high?
PT AEP Pinago Plantations Tbk's current Piotroski F-Score of 8 is 14% above median its 10-year median of 7.00. 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 AEP Pinago Plantations Tbk's value of 8 is 60% above this industry median. Based on the distribution chart, PT AEP Pinago Plantations Tbk ranks #46 out of 1944 companies in the Consumer Packaged Goods industry, which is in the top quartile — a strong position relative to peers. Overall, PT AEP Pinago Plantations Tbk has a GF Score™ of 81/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does PT AEP Pinago Plantations Tbk's Piotroski F-Score compare to ADM and BG?
According to the Consumer Packaged Goods industry distribution chart, PT AEP Pinago Plantations Tbk ranks #46 out of 1944 companies for Piotroski F-Score. This places PT AEP Pinago Plantations Tbk in the top 2% of its industry — outperforming the majority of peers. The industry median Piotroski F-Score is 5.00. PT AEP Pinago Plantations Tbk's value of 8 is 60% above this benchmark. Historically, PT AEP Pinago Plantations 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 7.00 vs. the industry median of 5.00, PT AEP Pinago Plantations 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 1,944 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 AEP Pinago Plantations Tbk's current Piotroski F-Score of 8 is 60% 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 AEP Pinago Plantations 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 AEP Pinago Plantations Tbk's current Piotroski F-Score is 8, which is 14% above 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 AEP Pinago Plantations Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT AEP Pinago Plantations Tbk (ISX:PNGO) is currently considered Significantly Overvalued. The stock's GF Value™ is Rp1,970.35, compared to a current price of Rp3,500.00 — trading 77.6% above its estimated fair value. The current Piotroski F-Score is 8, which is 14% above median its 10-year median of 7.00 and 60% above the Consumer Packaged Goods industry median of 5.00. PT AEP Pinago Plantations Tbk's overall GF Score™ is 81/100 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 AEP Pinago Plantations Tbk (ISX:PNGO), the current Piotroski F-Score is 8 as of Sep. 07, 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 AEP Pinago Plantations Tbk (ISX:PNGO) Overvalued in 2026?
Based on GuruFocus' analysis, PT AEP Pinago Plantations Tbk stock appears to be overvalued.
The current stock price of Rp3,500.00 is trading 77.6% above its estimated GF Value™ of Rp1,970.35.
GuruFocus considers PT AEP Pinago Plantations Tbk to be Significantly Overvalued.
Key valuation signals for ISX:PNGO:
Piotroski F-Score: 8 (14% above median its 10-year median of 7.00)
GF Value™: Rp1,970.35 vs. price of Rp3,500.00 (77.6% above fair value)
Industry Position: 60% above the Consumer Packaged Goods median (#46 of 1944)
No single metric tells the full story. See the ISX:PNGO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
AddressPantai Indah Kapuk, Blok I No. 9, Rukan Exclusive Bukit Golf Mediterania, RT. 004, RW.003, Kel. Kamal Muara, Kec. Penjaringa, Jakarta Utara, DKI Jakarta, Jakarta, IDN, 14470
PT Pinago Utama Tbk is an Indonesian agribusiness company. It is engaged in managing oil palm and rubber plantations and their processing industries, producing products such as fresh fruit bunches, crude palm oil, palm kernel, latex, crumb rubber, smoked rubber sheets, palm kernel oil, and ImproBio organic fertilizer. Additionally, the company has palm oil and rubber processing plants that process raw materials into end products, such as organic fertilizer and biogas. Its operating segments are: Rubber, Palm Oil, and Compost. The majority of the company's revenue is generated from the Palm Oil segment. Geographically, it derives maximum revenue from the domestic market, and also exports its products to other countries.
81GF Score
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