PT Ulima Nitra Tbk (ISX:UNIQ) Piotroski F-Score: 5 (As of Aug. 05, 2026) — 29% Below Median

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ISX:UNIQ PT Ulima Nitra Tbk ISX:UNIQ
65 GF Score
Price Rp114.00
GF Value Rp281.04
Valuation Significantly Undervalued
! 4 Warning Signs
View Full Analysis

What is PT Ulima Nitra Tbk Piotroski F-Score?

PT Ulima Nitra Tbk ISX:UNIQ +1.79% 65 Piotroski F-Score is 5 as of Aug. 05, 2026, which is 29% below its 10-year median of 7.00. GuruFocus rates ISX:UNIQ with a GF Score™ of 65/100 and a GF Value™ of Rp281.04 (Significantly Undervalued). The stock has 4 warning signs investors should review. Among 177 Other Energy Sources companies, PT Ulima Nitra Tbk ranks better than 78.53% 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 Ulima Nitra Tbk has an F-score of 5 indicating the company's financial situation is typical for a stable company.

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

ISX:UNIQ' s Piotroski F-Score Range Over the Past 10 Years
Min: 5   Med: 7   Max: 9
Current: 5

During the past 9 years, the highest Piotroski F-Score of PT Ulima Nitra Tbk was 9. The lowest was 5. And the median was 7.

PT Ulima Nitra Tbk  (ISX:UNIQ) 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 Ulima Nitra Tbk Piotroski F-Score Related Terms


PT Ulima Nitra Tbk Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for PT Ulima Nitra 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 Ulima Nitra Tbk Piotroski F-Score Chart

PT Ulima Nitra Tbk Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Piotroski F-Score
Get a 7-Day Free Trial Premium Member Only 7.00 8.00 7.00 8.00 6.00

PT Ulima Nitra Tbk Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 6.00 6.00 5.00 5.00

PT Ulima Nitra Tbk Piotroski F-Score Competitor Comparison

For the Thermal Coal subindustry, PT Ulima Nitra 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 Ulima Nitra Tbk Piotroski F-Score vs Other Energy Sources Industry

For the Other Energy Sources industry and Energy sector, PT Ulima Nitra Tbk's Piotroski F-Score distribution charts can be found below:

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


ISX:UNIQ
65GF Score
PT Ulima Nitra Tbk ISX:UNIQ
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 (Jun26) TTM:Last Year (Jun25) TTM:
Net Income was 23977.714 + -4034.43 + -24918.692 + 31936.905 = Rp26,961 Mil.
Cash Flow from Operations was 19461.084 + 39099.574 + -911.763 + 55952.558 = Rp113,601 Mil.
Revenue was 149528.013 + 134978.597 + 57202.849 + 155282.537 = Rp496,992 Mil.
Gross Profit was 45877.466 + 12914.771 + -19017.946 + 41978.558 = Rp81,753 Mil.
Average Total Assets from the begining of this year (Jun25)
to the end of this year (Jun26) was
(717614.706 + 759156.56 + 742863.092 + 732689.197 + 717580.955) / 5 = Rp733980.902 Mil.
Total Assets at the begining of this year (Jun25) was Rp717,615 Mil.
Long-Term Debt & Capital Lease Obligation was Rp47,446 Mil.
Total Current Assets was Rp366,477 Mil.
Total Current Liabilities was Rp175,322 Mil.
Net Income was 33290.386 + 12441.791 + 5468.854 + 12265.339 = Rp63,466 Mil.

Revenue was 223067.091 + 163527.311 + 135177.435 + 152992.325 = Rp674,764 Mil.
Gross Profit was 60421.068 + 21305.235 + 20693.373 + 21642.951 = Rp124,063 Mil.
Average Total Assets from the begining of last year (Jun24)
to the end of last year (Jun25) was
(736591.634 + 809157.903 + 730154.521 + 693419.312 + 717614.706) / 5 = Rp737387.6152 Mil.
Total Assets at the begining of last year (Jun24) was Rp736,592 Mil.
Long-Term Debt & Capital Lease Obligation was Rp27,767 Mil.
Total Current Assets was Rp313,659 Mil.
Total Current Liabilities was Rp222,337 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 Ulima Nitra Tbk's current Net Income (TTM) was 26,961. ==> 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 Ulima Nitra Tbk's current Cash Flow from Operations (TTM) was 113,601. ==> 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 (Jun25)
=26961.497/717614.706
=0.03757099

ROA (Last Year)=Net Income/Total Assets (Jun24)
=63466.37/736591.634
=0.08616222

PT Ulima Nitra Tbk's return on assets of this year was 0.03757099. PT Ulima Nitra Tbk's return on assets of last year was 0.08616222. ==> Last year is higher ==> Score 0.

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 Ulima Nitra Tbk's current Net Income (TTM) was 26,961. PT Ulima Nitra Tbk's current Cash Flow from Operations (TTM) was 113,601. ==> 113,601 > 26,961 ==> 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: Jun26)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Jun25 to Jun26
=47446.181/733980.902
=0.06464226

Gearing (Last Year: Jun25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Jun24 to Jun25
=27766.788/737387.6152
=0.03765562

PT Ulima Nitra Tbk's gearing of this year was 0.06464226. PT Ulima Nitra Tbk's gearing of last year was 0.03765562. ==> 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

Current Ratio (This Year: Jun26)=Total Current Assets/Total Current Liabilities
=366476.874/175321.527
=2.09031304

Current Ratio (Last Year: Jun25)=Total Current Assets/Total Current Liabilities
=313658.852/222336.648
=1.41073842

PT Ulima Nitra Tbk's current ratio of this year was 2.09031304. PT Ulima Nitra Tbk's current ratio of last year was 1.41073842. ==> 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 Ulima Nitra Tbk's number of shares in issue this year was 3138.983. PT Ulima Nitra Tbk's number of shares in issue last year was 3138.983. ==> 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
=81752.849/496991.996
=0.1644953

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=124062.627/674764.162
=0.18386072

PT Ulima Nitra Tbk's gross margin of this year was 0.1644953. PT Ulima Nitra Tbk's gross margin of last year was 0.18386072. ==> Last year's gross margin is higher ==> Score 0.

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 (Jun25)
=496991.996/717614.706
=0.69256105

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Jun24)
=674764.162/736591.634
=0.91606276

PT Ulima Nitra Tbk's asset turnover of this year was 0.69256105. PT Ulima Nitra Tbk's asset turnover of last year was 0.91606276. ==> Last year's asset turnover is higher ==> Score 0.

Evaluation

Piotroski F-Score= Que. 1+ Que. 2+ Que. 3+Que. 4+Que. 5+Que. 6+Que. 7+Que. 8+Que. 9
=1+1+0+1+0+1+1+0+0
=5

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

PT Ulima Nitra Tbk has an F-score of 5 indicating the company's financial situation is typical for a stable company.

Frequently Asked Questions Learn more about Piotroski F-Score →
What does a Piotroski F-Score of 5 mean?
PT Ulima Nitra Tbk (ISX:UNIQ) has a Piotroski F-Score of 5 as of Aug. 05, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on PT Ulima Nitra Tbk and its competitors. This is 29% below median its historical median of 7.00. Over the past decade, PT Ulima Nitra Tbk's Piotroski F-Score has ranged from 5.00 to 9.00. According to the industry distribution chart, PT Ulima Nitra Tbk ranks #38 out of 177 companies in the Other Energy Sources industry, placing it in the top 21.5%.
Is PT Ulima Nitra Tbk's Piotroski F-Score too high?
PT Ulima Nitra Tbk's current Piotroski F-Score of 5 is 29% below median its 10-year median of 7.00. Over the past 10 years, this metric has ranged from a low of 5.00 to a high of 9.00. The Other Energy Sources industry median Piotroski F-Score is 4.00. PT Ulima Nitra Tbk's value of 5 is 25% above this industry median. Based on the distribution chart, PT Ulima Nitra Tbk ranks #38 out of 177 companies in the Other Energy Sources industry, which is in the top quartile — a strong position relative to peers. Overall, PT Ulima Nitra Tbk has a GF Score™ of 65/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does PT Ulima Nitra Tbk's Piotroski F-Score compare to competitors?
According to the Other Energy Sources industry distribution chart, PT Ulima Nitra Tbk ranks #38 out of 177 companies for Piotroski F-Score. This places PT Ulima Nitra Tbk in the top 22% of its industry — outperforming the majority of peers. The industry median Piotroski F-Score is 4.00. PT Ulima Nitra Tbk's value of 5 is 25% above this benchmark. Historically, PT Ulima Nitra Tbk's own Piotroski F-Score has ranged from 5.00 to 9.00 over the past decade. While the company's 10-year median is 7.00 vs. the industry median of 4.00, PT Ulima Nitra 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 an Other Energy Sources company?
The median Piotroski F-Score among Other Energy Sources companies is 4.00, based on 177 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 Ulima Nitra Tbk's current Piotroski F-Score of 5 is 25% 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 Ulima Nitra Tbk and its competitors. For the Other Energy Sources industry, the median Piotroski F-Score is 4.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT Ulima Nitra Tbk's current Piotroski F-Score is 5, which is 29% 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 Ulima Nitra Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Ulima Nitra Tbk (ISX:UNIQ) is currently considered Significantly Undervalued. The stock's GF Value™ is Rp281.04, compared to a current price of Rp114.00 — trading 59.4% below its estimated fair value. The current Piotroski F-Score is 5, which is 29% below median its 10-year median of 7.00 and 25% above the Other Energy Sources industry median of 4.00. PT Ulima Nitra Tbk's overall GF Score™ is 65/100 with 4 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 Ulima Nitra Tbk (ISX:UNIQ), the current Piotroski F-Score is 5 as of Aug. 05, 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 Ulima Nitra Tbk (ISX:UNIQ) Overvalued in 2026?

Based on GuruFocus' analysis, PT Ulima Nitra Tbk stock appears to be undervalued. The current stock price of Rp114.00 is trading 59.4% below its estimated GF Value™ of Rp281.04. GuruFocus considers PT Ulima Nitra Tbk to be Significantly Undervalued.

Key valuation signals for ISX:UNIQ:

  • Piotroski F-Score: 5 (29% below median its 10-year median of 7.00)
  • GF Value™: Rp281.04 vs. price of Rp114.00 (59.4% below fair value)
  • GF Score™: 65/100 with 4 warning signs
  • Industry Position: 25% above the Other Energy Sources median (#38 of 177)

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


PT Ulima Nitra Tbk Business Description

Address Jalan Betet Street, No. 28 RT 22/RW 9, 9 Ilir, Ilir Timur III, South Sumatera, Palembang, IDN, 30113
PT Ulima Nitra Tbk is mainly involved in the business activities of coal mining and the rental of vehicles and heavy equipment. The company is engaged in providing construction services, Petroleum and natural gas mining support activities, Mining and other excavation support activities, Rental of construction equipment with operator, Rental and leasing activities without option rights of cars, buses, trucks and others. The segments of the company include Mining services; Vehicle, truck and heavy equipment rental; and others segment. The company derives majority of its revenue from Mining services. Geographically the activities are carried out throughout Indonesia.
65GF Score

Get the complete analysis for ISX:UNIQ

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

Rp114.00
Price
Rp281.04
GF Value