PKCPY (PT AKRorindo Tbk) Piotroski F-Score: 6 (As of Jul. 08, 2026) — Near Median


PKCPY PT AKR Corporindo Tbk PKCPY
87 GF Score
Price $1.63
GF Value $1.83
Valuation Modestly Undervalued
! 5 Warning Signs
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What is PT AKRorindo Tbk Piotroski F-Score?

PT AKRorindo Tbk PKCPY 87 Piotroski F-Score is 6 as of Jul. 08, 2026, which is at its 10-year median of 6.00. GuruFocus rates PKCPY with a GF Score™ of 87/100 and a GF Value™ of $1.83 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 971 Oil & Gas companies, PT AKRorindo Tbk ranks better than 80.84% 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 AKRorindo 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 AKRorindo Tbk's Piotroski F-Score or its related term are showing as below:

PKCPY' s Piotroski F-Score Range Over the Past 10 Years
Min: 3   Med: 6   Max: 9
Current: 6

During the past 13 years, the highest Piotroski F-Score of PT AKRorindo Tbk was 9. The lowest was 3. And the median was 6.

PT AKRorindo Tbk  (OTCPK:PKCPY) 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 AKRorindo Tbk Piotroski F-Score Related Terms


PT AKRorindo Tbk Piotroski F-Score Historical Data

* Premium members only.

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

PT AKRorindo 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 7.00 9.00 7.00 3.00 6.00

PT AKRorindo 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 4.00 4.00 4.00 6.00 6.00

PKCPY vs VLO, MPC, PSX: Piotroski F-Score Comparison

For the Oil & Gas Refining & Marketing subindustry, PT AKRorindo 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 AKRorindo Tbk Piotroski F-Score vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, PT AKRorindo Tbk's Piotroski F-Score distribution charts can be found below:

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


PKCPY
87GF Score
PT AKR Corporindo Tbk PKCPY
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 37.701 + 28.475 + 49.229 + 38.778 = $154 Mil.
Cash Flow from Operations was 18.188 + 194.877 + 32.971 + 83.799 = $330 Mil.
Revenue was 684.403 + 664.994 + 815.386 + 764.404 = $2,929 Mil.
Gross Profit was 62.885 + 49.335 + 79.688 + 65.285 = $257 Mil.
Average Total Assets from the begining of this year (Mar25)
to the end of this year (Mar26) was
(1981.982 + 1949.491 + 2042.882 + 2188.424 + 2189.28) / 5 = $2070.4118 Mil.
Total Assets at the begining of this year (Mar25) was $1,982 Mil.
Long-Term Debt & Capital Lease Obligation was $232 Mil.
Total Current Assets was $1,380 Mil.
Total Current Liabilities was $949 Mil.
Net Income was 24.963 + 30.397 + 47.126 + 34.32 = $137 Mil.

Revenue was 541.452 + 649.189 + 630.902 + 622.747 = $2,444 Mil.
Gross Profit was 42.252 + 50.115 + 72.098 + 56.265 = $221 Mil.
Average Total Assets from the begining of last year (Mar24)
to the end of last year (Mar25) was
(1936.756 + 1745.647 + 1940.409 + 2064.671 + 1981.982) / 5 = $1933.893 Mil.
Total Assets at the begining of last year (Mar24) was $1,937 Mil.
Long-Term Debt & Capital Lease Obligation was $250 Mil.
Total Current Assets was $1,228 Mil.
Total Current Liabilities was $752 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 AKRorindo Tbk's current Net Income (TTM) was 154. ==> 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 AKRorindo Tbk's current Cash Flow from Operations (TTM) was 330. ==> 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)
=154.183/1981.982
=0.07779233

ROA (Last Year)=Net Income/Total Assets (Mar24)
=136.806/1936.756
=0.07063667

PT AKRorindo Tbk's return on assets of this year was 0.07779233. PT AKRorindo Tbk's return on assets of last year was 0.07063667. ==> 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 AKRorindo Tbk's current Net Income (TTM) was 154. PT AKRorindo Tbk's current Cash Flow from Operations (TTM) was 330. ==> 330 > 154 ==> 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
=232.118/2070.4118
=0.112112

Gearing (Last Year: Mar25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar24 to Mar25
=249.994/1933.893
=0.12926982

PT AKRorindo Tbk's gearing of this year was 0.112112. PT AKRorindo Tbk's gearing of last year was 0.12926982. ==> 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
=1380.269/949.202
=1.45413621

Current Ratio (Last Year: Mar25)=Total Current Assets/Total Current Liabilities
=1228.101/752.215
=1.63264625

PT AKRorindo Tbk's current ratio of this year was 1.45413621. PT AKRorindo Tbk's current ratio of last year was 1.63264625. ==> Last year's current ratio is higher ==> Score 0.

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 AKRorindo Tbk's number of shares in issue this year was 789.699. PT AKRorindo Tbk's number of shares in issue last year was 789.54. ==> There is larger number of shares in issue this year. ==> Score 0.

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
=257.193/2929.187
=0.08780354

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=220.73/2444.29
=0.09030434

PT AKRorindo Tbk's gross margin of this year was 0.08780354. PT AKRorindo Tbk's gross margin of last year was 0.09030434. ==> 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)
=2929.187/1981.982
=1.47790797

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Mar24)
=2444.29/1936.756
=1.26205366

PT AKRorindo Tbk's asset turnover of this year was 1.47790797. PT AKRorindo Tbk's asset turnover of last year was 1.26205366. ==> 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+0+0+0+1
=6

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

PT AKRorindo 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 AKRorindo Tbk (PKCPY) has a Piotroski F-Score of 6 as of Jul. 08, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on PT AKRorindo Tbk and its competitors. This is near median its historical median of 6.00. Over the past decade, PT AKRorindo Tbk's Piotroski F-Score has ranged from 3.00 to 9.00. According to the industry distribution chart, PT AKRorindo Tbk ranks #186 out of 971 companies in the Oil & Gas industry, placing it in the top 19.2%.
Is PT AKRorindo Tbk's Piotroski F-Score too high?
PT AKRorindo 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 3.00 to a high of 9.00. The Oil & Gas industry median Piotroski F-Score is 5.00. PT AKRorindo Tbk's value of 6 is 20% above this industry median. Based on the distribution chart, PT AKRorindo Tbk ranks #186 out of 971 companies in the Oil & Gas industry, which is in the top quartile — a strong position relative to peers. Overall, PT AKRorindo Tbk has a GF Score™ of 87/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does PT AKRorindo Tbk's Piotroski F-Score compare to VLO and MPC?
According to the Oil & Gas industry distribution chart, PT AKRorindo Tbk ranks #186 out of 971 companies for Piotroski F-Score. This places PT AKRorindo Tbk in the top 19% of its industry — outperforming the majority of peers. The industry median Piotroski F-Score is 5.00. PT AKRorindo Tbk's value of 6 is 20% above this benchmark. Historically, PT AKRorindo Tbk's own Piotroski F-Score has ranged from 3.00 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 AKRorindo 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 Oil & Gas company?
The median Piotroski F-Score among Oil & Gas companies is 5.00, based on 971 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 AKRorindo 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 AKRorindo Tbk and its competitors. For the Oil & Gas 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 AKRorindo 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 AKRorindo Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT AKRorindo Tbk (PKCPY) is currently considered Modestly Undervalued. The stock's GF Value™ is $1.83, compared to a current price of $1.63 — trading 10.9% 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 Oil & Gas industry median of 5.00. PT AKRorindo Tbk's overall GF Score™ is 87/100 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 AKRorindo Tbk (PKCPY), the current Piotroski F-Score is 6 as of Jul. 08, 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 AKRorindo Tbk (PKCPY) Overvalued in 2026?

Based on GuruFocus' analysis, PT AKRorindo Tbk stock appears to be undervalued. The current stock price of $1.63 is trading 10.9% below its estimated GF Value™ of $1.83. GuruFocus considers PT AKRorindo Tbk to be Modestly Undervalued.

Key valuation signals for PKCPY:

  • Piotroski F-Score: 6 (near median its 10-year median of 6.00)
  • GF Value™: $1.83 vs. price of $1.63 (10.9% below fair value)
  • GF Score™: 87/100 with 5 warning signs
  • Industry Position: 20% above the Oil & Gas median (#186 of 971)

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


PT AKRorindo Tbk Business Description

Industry EnergyOil & Gas
Other Exchanges AKRA:Indonesia
Address Jalan Panjang No. 5 Kebon Jeruk, AKR Tower, 26th Floor, West Jakarta, Jakarta, IDN, 11530
PT AKR Corporindo Tbk is engaged in chemicals distribution. The company segments are: The Trading and distribution segment, which accounts for majority of the total revenue, distributes industrial and retail petroleum products, other basic chemicals, and lubricants for the industrial, marine and other sectors. The Logistics Services segment provides various kinds of logistics services such as rental of storage tanks and warehouses, bagging etc and transportation services mainly for liquid and solid chemical and petroleum products in Indonesia. The Manufacturing segment makes adhesive materials. Industrial estate and related utility services comprises of sales and lease of industrial estate land, sales of electricity and other related services to tenants of the estate.
87GF Score

Get the complete analysis for PKCPY

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

$1.63
Price
$1.83
GF Value