PT Wijaya Karya Beton Tbk (ISX:WTON) Piotroski F-Score: 6 (As of Jun. 27, 2026) — Near Median


ISX:WTON PT Wijaya Karya Beton Tbk ISX:WTON
75 GF Score
Price Rp71.00
GF Value Rp74.23
Valuation Fairly Valued
! 4 Warning Signs
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What is PT Wijaya Karya Beton Tbk Piotroski F-Score?

PT Wijaya Karya Beton Tbk ISX:WTON -2.74% 75 Piotroski F-Score is 6 as of Jun. 27, 2026, which is at its 10-year median of 6.00. GuruFocus rates ISX:WTON with a GF Score™ of 75/100 and a GF Value™ of Rp74.23 (Fairly Valued). The stock has 4 warning signs investors should review. Among 394 Building Materials companies, PT Wijaya Karya Beton Tbk ranks better than 68.53% 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 Wijaya Karya Beton 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 Wijaya Karya Beton Tbk's Piotroski F-Score or its related term are showing as below:

ISX:WTON' s Piotroski F-Score Range Over the Past 10 Years
Min: 4   Med: 6   Max: 9
Current: 6

During the past 13 years, the highest Piotroski F-Score of PT Wijaya Karya Beton Tbk was 9. The lowest was 4. And the median was 6.

PT Wijaya Karya Beton Tbk  (ISX:WTON) 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 Wijaya Karya Beton Tbk Piotroski F-Score Related Terms


PT Wijaya Karya Beton Tbk Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for PT Wijaya Karya Beton 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 Wijaya Karya Beton Tbk Piotroski F-Score Chart

PT Wijaya Karya Beton Tbk Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Piotroski F-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.00 8.00 6.00 7.00 5.00

PT Wijaya Karya Beton Tbk Quarterly Data
Jun21 Sep21 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 8.00 8.00 5.00 6.00

ISX:WTON vs CRH, VMC, MLM: Piotroski F-Score Comparison

For the Building Materials subindustry, PT Wijaya Karya Beton 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 Wijaya Karya Beton Tbk Piotroski F-Score vs Building Materials Industry

For the Building Materials industry and Basic Materials sector, PT Wijaya Karya Beton Tbk's Piotroski F-Score distribution charts can be found below:

* The bar in red indicates where PT Wijaya Karya Beton Tbk's Piotroski F-Score falls into.


ISX:WTON
75GF Score
PT Wijaya Karya Beton Tbk ISX:WTON
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 2758.299 + 4001.962 + 31669.469 + 1501.426 = Rp39,931 Mil.
Cash Flow from Operations was 18781.163 + 139326.069 + 143582.863 + -125484.48 = Rp176,206 Mil.
Revenue was 697702.048 + 950304.306 + 1066256.441 + 677037.4 = Rp3,391,300 Mil.
Gross Profit was 33099.494 + 48688.147 + 117388.465 + 47554.564 = Rp246,731 Mil.
Average Total Assets from the begining of this year (Mar25)
to the end of this year (Mar26) was
(6857876.33 + 6701050.609 + 6477750.447 + 6290468.417 + 6290977.306) / 5 = Rp6523624.6218 Mil.
Total Assets at the begining of this year (Mar25) was Rp6,857,876 Mil.
Long-Term Debt & Capital Lease Obligation was Rp118,027 Mil.
Total Current Assets was Rp3,196,270 Mil.
Total Current Liabilities was Rp2,443,106 Mil.
Net Income was 11840.972 + 15567.964 + 31536.599 + 1589.771 = Rp60,535 Mil.

Revenue was 1110848.28 + 1188493.42 + 1509560.441 + 871599.46 = Rp4,680,502 Mil.
Gross Profit was 83171.918 + 92942.034 + 135625.106 + 57724.83 = Rp369,464 Mil.
Average Total Assets from the begining of last year (Mar24)
to the end of last year (Mar25) was
(7615831.48 + 7329772.886 + 7180869.125 + 7194688.329 + 6857876.33) / 5 = Rp7235807.63 Mil.
Total Assets at the begining of last year (Mar24) was Rp7,615,831 Mil.
Long-Term Debt & Capital Lease Obligation was Rp224,842 Mil.
Total Current Assets was Rp3,652,563 Mil.
Total Current Liabilities was Rp2,906,670 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 Wijaya Karya Beton Tbk's current Net Income (TTM) was 39,931. ==> 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 Wijaya Karya Beton Tbk's current Cash Flow from Operations (TTM) was 176,206. ==> 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)
=39931.156/6857876.33
=0.00582267

ROA (Last Year)=Net Income/Total Assets (Mar24)
=60535.306/7615831.48
=0.00794861

PT Wijaya Karya Beton Tbk's return on assets of this year was 0.00582267. PT Wijaya Karya Beton Tbk's return on assets of last year was 0.00794861. ==> 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 Wijaya Karya Beton Tbk's current Net Income (TTM) was 39,931. PT Wijaya Karya Beton Tbk's current Cash Flow from Operations (TTM) was 176,206. ==> 176,206 > 39,931 ==> 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
=118027/6523624.6218
=0.01809224

Gearing (Last Year: Mar25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar24 to Mar25
=224842/7235807.63
=0.03107352

PT Wijaya Karya Beton Tbk's gearing of this year was 0.01809224. PT Wijaya Karya Beton Tbk's gearing of last year was 0.03107352. ==> 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
=3196269.636/2443105.751
=1.30828133

Current Ratio (Last Year: Mar25)=Total Current Assets/Total Current Liabilities
=3652563.47/2906669.926
=1.25661446

PT Wijaya Karya Beton Tbk's current ratio of this year was 1.30828133. PT Wijaya Karya Beton Tbk's current ratio of last year was 1.25661446. ==> 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 Wijaya Karya Beton Tbk's number of shares in issue this year was 8715.467. PT Wijaya Karya Beton Tbk's number of shares in issue last year was 8715.467. ==> 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
=246730.67/3391300.195
=0.072754

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=369463.888/4680501.601
=0.07893681

PT Wijaya Karya Beton Tbk's gross margin of this year was 0.072754. PT Wijaya Karya Beton Tbk's gross margin of last year was 0.07893681. ==> 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 (Mar25)
=3391300.195/6857876.33
=0.49451172

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Mar24)
=4680501.601/7615831.48
=0.61457526

PT Wijaya Karya Beton Tbk's asset turnover of this year was 0.49451172. PT Wijaya Karya Beton Tbk's asset turnover of last year was 0.61457526. ==> 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+1+1+1+0+0
=6

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

PT Wijaya Karya Beton Tbk has an F-score of 6 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 6 mean?
PT Wijaya Karya Beton Tbk (ISX:WTON) has a Piotroski F-Score of 6 as of Jun. 27, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on PT Wijaya Karya Beton Tbk and its competitors. This is near median its historical median of 6.00. Over the past decade, PT Wijaya Karya Beton Tbk's Piotroski F-Score has ranged from 4.00 to 9.00. According to the industry distribution chart, PT Wijaya Karya Beton Tbk ranks #124 out of 394 companies in the Building Materials industry, placing it in the top 31.5%.
Is PT Wijaya Karya Beton Tbk's Piotroski F-Score too high?
PT Wijaya Karya Beton Tbk's current Piotroski F-Score of 6 is near median its 10-year median of 6.00. Over the past 10 years, this metric has ranged from a low of 4.00 to a high of 9.00. The Building Materials industry median Piotroski F-Score is 5.00. PT Wijaya Karya Beton Tbk's value of 6 is 20% above this industry median. Based on the distribution chart, PT Wijaya Karya Beton Tbk ranks #124 out of 394 companies in the Building Materials industry, which is above the industry midpoint. Overall, PT Wijaya Karya Beton Tbk has a GF Score™ of 75/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does PT Wijaya Karya Beton Tbk's Piotroski F-Score compare to CRH and VMC?
According to the Building Materials industry distribution chart, PT Wijaya Karya Beton Tbk ranks #124 out of 394 companies for Piotroski F-Score. This puts PT Wijaya Karya Beton Tbk in the upper half of its industry. The industry median Piotroski F-Score is 5.00. PT Wijaya Karya Beton Tbk's value of 6 is 20% above this benchmark. Historically, PT Wijaya Karya Beton 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 6.00 vs. the industry median of 5.00, PT Wijaya Karya Beton 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 Building Materials company?
The median Piotroski F-Score among Building Materials companies is 5.00, based on 394 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 Wijaya Karya Beton 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 Wijaya Karya Beton Tbk and its competitors. For the Building Materials 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 Wijaya Karya Beton Tbk's current Piotroski F-Score is 6, which is near median its own 10-year median of 6.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Wijaya Karya Beton Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Wijaya Karya Beton Tbk (ISX:WTON) is currently considered Fairly Valued. The stock's GF Value™ is Rp74.23, compared to a current price of Rp71.00 — trading 4.4% below its estimated fair value. The current Piotroski F-Score is 6, which is near median its 10-year median of 6.00 and 20% above the Building Materials industry median of 5.00. PT Wijaya Karya Beton Tbk's overall GF Score™ is 75/100 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 Wijaya Karya Beton Tbk (ISX:WTON), the current Piotroski F-Score is 6 as of Jun. 27, 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 Wijaya Karya Beton Tbk (ISX:WTON) Overvalued in 2026?

Based on GuruFocus' analysis, PT Wijaya Karya Beton Tbk stock appears to be undervalued. The current stock price of Rp71.00 is trading 4.4% below its estimated GF Value™ of Rp74.23. GuruFocus considers PT Wijaya Karya Beton Tbk to be Fairly Valued.

Key valuation signals for ISX:WTON:

  • Piotroski F-Score: 6 (near median its 10-year median of 6.00)
  • GF Value™: Rp74.23 vs. price of Rp71.00 (4.4% below fair value)
  • GF Score™: 75/100 with 4 warning signs
  • Industry Position: 20% above the Building Materials median (#124 of 394)

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


PT Wijaya Karya Beton Tbk Business Description

Other Exchanges WK0:Germany
Address Jalan D.I. Panjaitan Kav. 2, Tamansari Hive Office Lt. 3-5, Jakarta, IDN, 13340
PT Wijaya Karya Beton Tbk is an Indonesian-based company engaged in concrete trading and industry, construction services, and other related businesses. The company's operating segments are Concrete, Quarry, and Services. The Concrete Segment is the core business of the company, which is done through the production of both precast and ready-mix concrete. The Quarry Segment is part of the concrete production process, which includes mining activities and the production of split and screen. The Services Segment is a service developed by the company in line with continuous business and technological innovation.
75GF Score

Get the complete analysis for ISX:WTON

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

Rp71.00
Price
Rp74.23
GF Value