PT Siantar Top TbkISX:STTP 95 Piotroski F-Score is 6 as of Jun. 26, 2026, which is 14% below its 10-year median of 7.00. GuruFocus rates ISX:STTP with a GF Score™ of 95/100 and a GF Value™ of Rp10,868.46 (Modestly Undervalued). Among 1,912 Consumer Packaged Goods companies, PT Siantar Top Tbk ranks better than 73.27% on this metric.
The zones of discrimination were as such:
Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3
PT Siantar Top Tbk has an F-score of 6 indicating the company's financial situation is typical for a stable company.
The historical rank and industry rank for PT Siantar Top Tbk's Piotroski F-Score or its related term are showing as below:
ISX:STTP'
s Piotroski F-Score Range Over the Past 10 Years
Min: 4 Med: 7 Max: 9
Current: 6
During the past 13 years, the highest Piotroski F-Score of PT Siantar Top Tbk was 9. The lowest was 4. And the median was 7.
PT Siantar Top Tbk (ISX:STTP) 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.
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 Siantar Top Tbk Piotroski F-Score Related Terms
PT Siantar Top Tbk Piotroski F-Score Historical Data
* Premium members only.
The historical data trend for PT Siantar Top 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:STTP vs KHC, GIS: Piotroski F-Score Comparison
For the Packaged Foods subindustry, PT Siantar Top 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 Siantar Top Tbk Piotroski F-Score vs Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, PT Siantar Top Tbk's Piotroski F-Score distribution charts can be found below:
* The bar in red indicates where PT Siantar Top 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 237154.343 + 345889.343 + 295057.649 + 241630.884 = Rp1,119,732 Mil. Cash Flow from Operations was -38692.655 + 293945.397 + 485287.625 + 340193.471 = Rp1,080,734 Mil. Revenue was 1242114.766 + 1355289.603 + 1374162.667 + 1214743.045 = Rp5,186,310 Mil. Gross Profit was 378623.05 + 438250.724 + 444993.388 + 381183.66 = Rp1,643,051 Mil.
Average Total Assets from the begining of this year (Mar25)
to the end of this year (Mar26) was
(7176358.415 + 7300958.584 + 7682713.696 + 8007696.949 + 8179602.4) / 5 = Rp7669466.0088 Mil. Total Assets at the begining of this year (Mar25) was Rp7,176,358 Mil. Long-Term Debt & Capital Lease Obligation was Rp0 Mil. Total Current Assets was Rp6,233,203 Mil. Total Current Liabilities was Rp493,808 Mil.
Net Income was 227004.907 + 283137.239 + 299425.166 + 302139.493 = Rp1,111,707 Mil.
Revenue was 1141876.394 + 1344837.986 + 1259022.197 + 1264389 = Rp5,010,126 Mil. Gross Profit was 339573.55 + 439425.936 + 409795.81 + 393586.625 = Rp1,582,382 Mil.
Average Total Assets from the begining of last year (Mar24)
to the end of last year (Mar25) was
(5984616.12 + 6170496.5 + 6473314.309 + 6762107.189 + 7176358.415) / 5 = Rp6513378.5066 Mil. Total Assets at the begining of last year (Mar24) was Rp5,984,616 Mil. Long-Term Debt & Capital Lease Obligation was Rp0 Mil. Total Current Assets was Rp5,187,324 Mil. Total Current Liabilities was Rp605,573 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 Siantar Top Tbk's current Net Income (TTM) was 1,119,732.
==> 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 Siantar Top Tbk's current Cash Flow from Operations (TTM) was 1,080,734.
==> 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 Siantar Top Tbk's return on assets of this year was 0.1560307. PT Siantar Top Tbk's return on assets of last year was 0.18576075.
==> Last year is higher ==> Score 0.
Question 4. Quality of Earnings (Accrual)
Compare Cash flow return on assets (2) to return on assets (1)
PT Siantar Top Tbk's gearing of this year was 0. PT Siantar Top Tbk's gearing of last year was 0.
==> 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 Siantar Top Tbk's current ratio of this year was 12.62271969. PT Siantar Top Tbk's current ratio of last year was 8.56597483.
==> 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 Siantar Top Tbk's number of shares in issue this year was 1310. PT Siantar Top Tbk's number of shares in issue last year was 1310.
==> 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 Siantar Top Tbk's gross margin of this year was 0.31680536. PT Siantar Top Tbk's gross margin of last year was 0.31583678.
==> 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 Siantar Top Tbk's asset turnover of this year was 0.72269385. PT Siantar Top Tbk's asset turnover of last year was 0.83716741.
==> 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 Siantar Top Tbk has an F-score of 6 indicating the company's financial situation is typical for a stable company.
PT Siantar Top Tbk (ISX:STTP) has a Piotroski F-Score of 6 as of Jun. 26, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on PT Siantar Top Tbk and its competitors. This is 14% below median its historical median of 7.00. Over the past decade, PT Siantar Top Tbk's Piotroski F-Score has ranged from 4.00 to 9.00. According to the industry distribution chart, PT Siantar Top Tbk ranks #511 out of 1912 companies in the Consumer Packaged Goods industry, placing it in the top 26.7%.
Is PT Siantar Top Tbk's Piotroski F-Score too high?
PT Siantar Top Tbk's current Piotroski F-Score of 6 is 14% below 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 Siantar Top Tbk's value of 6 is 20% above this industry median. Based on the distribution chart, PT Siantar Top Tbk ranks #511 out of 1912 companies in the Consumer Packaged Goods industry, which is above the industry midpoint. Overall, PT Siantar Top Tbk has a GF Score™ of 95/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does PT Siantar Top Tbk's Piotroski F-Score compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, PT Siantar Top Tbk ranks #511 out of 1912 companies for Piotroski F-Score. This puts PT Siantar Top Tbk in the upper half of its industry. The industry median Piotroski F-Score is 5.00. PT Siantar Top Tbk's value of 6 is 20% above this benchmark. Historically, PT Siantar Top 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 Siantar Top 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 1,912 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 Siantar Top Tbk's current Piotroski F-Score of 6 is 20% 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 Siantar Top 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 Siantar Top Tbk's current Piotroski F-Score is 6, which is 14% below 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 Siantar Top Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Siantar Top Tbk (ISX:STTP) is currently considered Modestly Undervalued. The stock's GF Value™ is Rp10,868.46, compared to a current price of Rp9,475.00 — trading 12.8% below its estimated fair value. The current Piotroski F-Score is 6, which is 14% below median its 10-year median of 7.00 and 20% above the Consumer Packaged Goods industry median of 5.00. PT Siantar Top Tbk's overall GF Score™ is 95/100. 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 Siantar Top Tbk (ISX:STTP), the current Piotroski F-Score is 6 as of Jun. 26, 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 Siantar Top Tbk (ISX:STTP) Overvalued in 2026?
Based on GuruFocus' analysis, PT Siantar Top Tbk stock appears to be undervalued.
The current stock price of Rp9,475.00 is trading 12.8% below its estimated GF Value™ of Rp10,868.46.
GuruFocus considers PT Siantar Top Tbk to be Modestly Undervalued.
Key valuation signals for ISX:STTP:
Piotroski F-Score: 6 (14% below median its 10-year median of 7.00)
GF Value™: Rp10,868.46 vs. price of Rp9,475.00 (12.8% below fair value)
Industry Position: 20% above the Consumer Packaged Goods median (#511 of 1912)
No single metric tells the full story. See the ISX:STTP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
PT Siantar Top Tbk is a snack manufacturing company. The company is principally engaged in the manufacturing of snacks such as crackers, noodles, candies, biscuits, and wafers. The company has two operating segments include the food processing segment, from the sales of rice, crackers, biscuits, wafers, and candy, and other segments that arise from the sales of flour and seasoning. The majority of the revenue is made from the food processing segment. The company operates in three key geographic locations of food processing in Sidoarjo, Medan and Bekasi.
95GF Score
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