PIFFY (PT Indofood CBP Sukses Makmur Tbk) Piotroski F-Score: 7 (As of Jun. 26, 2026) — Near Median


PIFFY PT Indofood CBP Sukses Makmur Tbk PIFFY
70 GF Score
Price $7.41
GF Value $13.46
Valuation Significantly Undervalued
! 1 Warning Sign
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What is PT Indofood CBP Sukses Makmur Tbk Piotroski F-Score?

PT Indofood CBP Sukses Makmur Tbk PIFFY 70 Piotroski F-Score is 7 as of Jun. 26, 2026, which is at its 10-year median of 7.00. GuruFocus rates PIFFY with a GF Score™ of 70/100 and a GF Value™ of $13.46 (Significantly Undervalued). The stock has 1 warning sign investors should review. Among 1,912 Consumer Packaged Goods companies, PT Indofood CBP Sukses Makmur Tbk ranks better than 88.6% on this metric.

Good Sign:

Piotroski F-Score is 7, 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 Indofood CBP Sukses Makmur 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 Indofood CBP Sukses Makmur Tbk's Piotroski F-Score or its related term are showing as below:

PIFFY' s Piotroski F-Score Range Over the Past 10 Years
Min: 4   Med: 7   Max: 9
Current: 7

During the past 13 years, the highest Piotroski F-Score of PT Indofood CBP Sukses Makmur Tbk was 9. The lowest was 4. And the median was 7.

PT Indofood CBP Sukses Makmur Tbk  (OTCPK:PIFFY) 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 Indofood CBP Sukses Makmur Tbk Piotroski F-Score Related Terms


PT Indofood CBP Sukses Makmur Tbk Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for PT Indofood CBP Sukses Makmur 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 Indofood CBP Sukses Makmur Tbk Piotroski F-Score Chart

PT Indofood CBP Sukses Makmur 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 6.00 9.00 8.00 7.00

PT Indofood CBP Sukses Makmur 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 7.00 5.00 7.00 7.00

PIFFY vs KHC, GIS: Piotroski F-Score Comparison

For the Packaged Foods subindustry, PT Indofood CBP Sukses Makmur 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 Indofood CBP Sukses Makmur Tbk Piotroski F-Score vs Consumer Packaged Goods Industry

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

* The bar in red indicates where PT Indofood CBP Sukses Makmur Tbk's Piotroski F-Score falls into.


PIFFY
70GF Score
PT Indofood CBP Sukses Makmur Tbk PIFFY
Piotroski F-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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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 176.553 + 95.232 + 126.693 + 152.038 = $551 Mil.
Cash Flow from Operations was 198.065 + 140.643 + 295.599 + 127.459 = $762 Mil.
Revenue was 1067.814 + 1130.703 + 1112.348 + 1282.725 = $4,594 Mil.
Gross Profit was 357.358 + 410.827 + 386.415 + 445.941 = $1,601 Mil.
Average Total Assets from the begining of this year (Mar25)
to the end of this year (Mar26) was
(7938.12 + 8093.355 + 8021.056 + 8112.964 + 8278.696) / 5 = $8088.8382 Mil.
Total Assets at the begining of this year (Mar25) was $7,938 Mil.
Long-Term Debt & Capital Lease Obligation was $2,783 Mil.
Total Current Assets was $3,244 Mil.
Total Current Liabilities was $768 Mil.
Net Income was 72.621 + 300.533 + -66.721 + 161.319 = $468 Mil.

Revenue was 1043.761 + 1207.221 + 1067.047 + 1225.705 = $4,544 Mil.
Gross Profit was 390.9 + 434.082 + 389.706 + 442.921 = $1,658 Mil.
Average Total Assets from the begining of last year (Mar24)
to the end of last year (Mar25) was
(7869.611 + 7669.717 + 8093.067 + 7859.961 + 7938.12) / 5 = $7886.0952 Mil.
Total Assets at the begining of last year (Mar24) was $7,870 Mil.
Long-Term Debt & Capital Lease Obligation was $2,802 Mil.
Total Current Assets was $2,970 Mil.
Total Current Liabilities was $716 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 Indofood CBP Sukses Makmur Tbk's current Net Income (TTM) was 551. ==> 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 Indofood CBP Sukses Makmur Tbk's current Cash Flow from Operations (TTM) was 762. ==> 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)
=550.516/7938.12
=0.06935093

ROA (Last Year)=Net Income/Total Assets (Mar24)
=467.752/7869.611
=0.05943775

PT Indofood CBP Sukses Makmur Tbk's return on assets of this year was 0.06935093. PT Indofood CBP Sukses Makmur Tbk's return on assets of last year was 0.05943775. ==> 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 Indofood CBP Sukses Makmur Tbk's current Net Income (TTM) was 551. PT Indofood CBP Sukses Makmur Tbk's current Cash Flow from Operations (TTM) was 762. ==> 762 > 551 ==> 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
=2782.62/8088.8382
=0.34400738

Gearing (Last Year: Mar25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar24 to Mar25
=2801.631/7886.0952
=0.35526213

PT Indofood CBP Sukses Makmur Tbk's gearing of this year was 0.34400738. PT Indofood CBP Sukses Makmur Tbk's gearing of last year was 0.35526213. ==> 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
=3243.798/767.979
=4.22381081

Current Ratio (Last Year: Mar25)=Total Current Assets/Total Current Liabilities
=2969.63/716.059
=4.1471862

PT Indofood CBP Sukses Makmur Tbk's current ratio of this year was 4.22381081. PT Indofood CBP Sukses Makmur Tbk's current ratio of last year was 4.1471862. ==> 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 Indofood CBP Sukses Makmur Tbk's number of shares in issue this year was 583.095. PT Indofood CBP Sukses Makmur Tbk's number of shares in issue last year was 583.095. ==> 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
=1600.541/4593.59
=0.34842922

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=1657.609/4543.734
=0.36481207

PT Indofood CBP Sukses Makmur Tbk's gross margin of this year was 0.34842922. PT Indofood CBP Sukses Makmur Tbk's gross margin of last year was 0.36481207. ==> 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)
=4593.59/7938.12
=0.5786748

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Mar24)
=4543.734/7869.611
=0.5773772

PT Indofood CBP Sukses Makmur Tbk's asset turnover of this year was 0.5786748. PT Indofood CBP Sukses Makmur Tbk's asset turnover of last year was 0.5773772. ==> 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+0+1
=8

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

PT Indofood CBP Sukses Makmur Tbk has an F-score of 8. 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 7 mean?
PT Indofood CBP Sukses Makmur Tbk (PIFFY) has a Piotroski F-Score of 7 as of Jun. 26, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on PT Indofood CBP Sukses Makmur Tbk and its competitors. This is near median its historical median of 7.00. Over the past decade, PT Indofood CBP Sukses Makmur Tbk's Piotroski F-Score has ranged from 4.00 to 9.00. According to the industry distribution chart, PT Indofood CBP Sukses Makmur Tbk ranks #218 out of 1912 companies in the Consumer Packaged Goods industry, placing it in the top 11.4%.
Is PT Indofood CBP Sukses Makmur Tbk's Piotroski F-Score too high?
PT Indofood CBP Sukses Makmur Tbk's current Piotroski F-Score of 7 is near 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 Indofood CBP Sukses Makmur Tbk's value of 7 is 40% above this industry median. Based on the distribution chart, PT Indofood CBP Sukses Makmur Tbk ranks #218 out of 1912 companies in the Consumer Packaged Goods industry, which is in the top quartile — a strong position relative to peers. Overall, PT Indofood CBP Sukses Makmur Tbk has a GF Score™ of 70/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does PT Indofood CBP Sukses Makmur Tbk's Piotroski F-Score compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, PT Indofood CBP Sukses Makmur Tbk ranks #218 out of 1912 companies for Piotroski F-Score. This places PT Indofood CBP Sukses Makmur Tbk in the top 11% of its industry — outperforming the majority of peers. The industry median Piotroski F-Score is 5.00. PT Indofood CBP Sukses Makmur Tbk's value of 7 is 40% above this benchmark. Historically, PT Indofood CBP Sukses Makmur 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 Indofood CBP Sukses Makmur 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 Indofood CBP Sukses Makmur Tbk's current Piotroski F-Score of 7 is 40% 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 Indofood CBP Sukses Makmur 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 Indofood CBP Sukses Makmur Tbk's current Piotroski F-Score is 7, which is near 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 Indofood CBP Sukses Makmur Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Indofood CBP Sukses Makmur Tbk (PIFFY) is currently considered Significantly Undervalued. The stock's GF Value™ is $13.46, compared to a current price of $7.41 — trading 44.9% below its estimated fair value. The current Piotroski F-Score is 7, which is near median its 10-year median of 7.00 and 40% above the Consumer Packaged Goods industry median of 5.00. PT Indofood CBP Sukses Makmur Tbk's overall GF Score™ is 70/100 with 1 warning sign 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 Indofood CBP Sukses Makmur Tbk (PIFFY), the current Piotroski F-Score is 7 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 Indofood CBP Sukses Makmur Tbk (PIFFY) Overvalued in 2026?

Based on GuruFocus' analysis, PT Indofood CBP Sukses Makmur Tbk stock appears to be undervalued. The current stock price of $7.41 is trading 44.9% below its estimated GF Value™ of $13.46. GuruFocus considers PT Indofood CBP Sukses Makmur Tbk to be Significantly Undervalued.

Key valuation signals for PIFFY:

  • Piotroski F-Score: 7 (near median its 10-year median of 7.00)
  • GF Value™: $13.46 vs. price of $7.41 (44.9% below fair value)
  • GF Score™: 70/100 with 1 warning sign
  • Industry Position: 40% above the Consumer Packaged Goods median (#218 of 1912)

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


PT Indofood CBP Sukses Makmur Tbk Business Description

Address Jalan Jenderal Sudirman, Kav. 76 - 78, Sudirman Plaza, Indofood Tower, 23rd Floor, Jakarta, IDN, 12910
PT Indofood CBP Sukses Makmur Tbk operates in the consumer-branded products sector, offering products like noodles, milk, butter, biscuits, chips, chili sauce, syrups, ready-to-drink tea, condiments, etc. These are marketed under various brands such as Indomie, Supermi, Indomilk, Cap Enaak, Chitato, Sambal Indofood, Bumbu Racik, Govit, Sun, Ichi Ocha, Club, and others. The Group also operates a packaging business that produces flexible and corrugated packaging for its products. It classifies its business into the following divisions: Noodles, which generates maximum revenue, Dairy (dairy products), Food Seasonings, Snack Foods, Nutrition and Special Foods, and Beverages. Geographically, the Group derives maximum revenue from Indonesia, and the rest from Asia and Africa, and other regions.
70GF Score

Get the complete analysis for PIFFY

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

$7.41
Price
$13.46
GF Value