PMDKF (PT Mitra Adiperkasa Tbk) Piotroski F-Score: 8 (As of Jun. 25, 2026) — 14% Above Median


PMDKF PT Mitra Adiperkasa Tbk PMDKF
85 GF Score
Price $0.06
GF Value $0.08
Valuation Modestly Undervalued
! 4 Warning Signs
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What is PT Mitra Adiperkasa Tbk Piotroski F-Score?

PT Mitra Adiperkasa Tbk PMDKF 85 Piotroski F-Score is 8 as of Jun. 25, 2026, which is 14% above its 10-year median of 7.00. GuruFocus rates PMDKF with a GF Score™ of 85/100 and a GF Value™ of $0.08 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 1,101 Retail - Cyclical companies, PT Mitra Adiperkasa Tbk ranks better than 98.46% on this metric.

Good Sign:

Piotroski F-Score is 8, 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 Mitra Adiperkasa 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 Mitra Adiperkasa Tbk's Piotroski F-Score or its related term are showing as below:

PMDKF' s Piotroski F-Score Range Over the Past 10 Years
Min: 3   Med: 7   Max: 9
Current: 8

During the past 13 years, the highest Piotroski F-Score of PT Mitra Adiperkasa Tbk was 9. The lowest was 3. And the median was 7.

PT Mitra Adiperkasa Tbk  (OTCPK:PMDKF) 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 Mitra Adiperkasa Tbk Piotroski F-Score Related Terms


PT Mitra Adiperkasa Tbk Piotroski F-Score Historical Data

* Premium members only.

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

PT Mitra Adiperkasa 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 8.00 8.00 6.00 6.00 7.00

PT Mitra Adiperkasa 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 5.00 5.00 5.00 7.00 8.00

PMDKF vs DDS, M: Piotroski F-Score Comparison

For the Department Stores subindustry, PT Mitra Adiperkasa 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 Mitra Adiperkasa Tbk Piotroski F-Score vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, PT Mitra Adiperkasa Tbk's Piotroski F-Score distribution charts can be found below:

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


PMDKF
85GF Score
PT Mitra Adiperkasa Tbk PMDKF
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 29.963 + 25.07 + 51.258 + 37.097 = $143 Mil.
Cash Flow from Operations was 61.414 + 122.664 + 183.625 + 60.862 = $429 Mil.
Revenue was 672.116 + 678.049 + 833.428 + 779.635 = $2,963 Mil.
Gross Profit was 259.039 + 262.841 + 317.022 + 288.134 = $1,127 Mil.
Average Total Assets from the begining of this year (Mar25)
to the end of this year (Mar26) was
(1899.589 + 1926.179 + 1868.142 + 1964.683 + 2021.484) / 5 = $1936.0154 Mil.
Total Assets at the begining of this year (Mar25) was $1,900 Mil.
Long-Term Debt & Capital Lease Obligation was $185 Mil.
Total Current Assets was $1,142 Mil.
Total Current Liabilities was $706 Mil.
Net Income was 29.73 + 26.108 + 29.163 + 28.676 = $114 Mil.

Revenue was 607.983 + 673.761 + 688.784 + 617.348 = $2,588 Mil.
Gross Profit was 247.944 + 262.534 + 269.171 + 248.591 = $1,028 Mil.
Average Total Assets from the begining of last year (Mar24)
to the end of last year (Mar25) was
(1796.961 + 1759.508 + 1873.644 + 1841.198 + 1899.589) / 5 = $1834.18 Mil.
Total Assets at the begining of last year (Mar24) was $1,797 Mil.
Long-Term Debt & Capital Lease Obligation was $181 Mil.
Total Current Assets was $1,058 Mil.
Total Current Liabilities was $736 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 Mitra Adiperkasa Tbk's current Net Income (TTM) was 143. ==> 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 Mitra Adiperkasa Tbk's current Cash Flow from Operations (TTM) was 429. ==> 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)
=143.388/1899.589
=0.0754837

ROA (Last Year)=Net Income/Total Assets (Mar24)
=113.677/1796.961
=0.06326069

PT Mitra Adiperkasa Tbk's return on assets of this year was 0.0754837. PT Mitra Adiperkasa Tbk's return on assets of last year was 0.06326069. ==> 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 Mitra Adiperkasa Tbk's current Net Income (TTM) was 143. PT Mitra Adiperkasa Tbk's current Cash Flow from Operations (TTM) was 429. ==> 429 > 143 ==> 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
=184.566/1936.0154
=0.09533292

Gearing (Last Year: Mar25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar24 to Mar25
=180.731/1834.18
=0.09853504

PT Mitra Adiperkasa Tbk's gearing of this year was 0.09533292. PT Mitra Adiperkasa Tbk's gearing of last year was 0.09853504. ==> 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
=1142.089/705.963
=1.61777459

Current Ratio (Last Year: Mar25)=Total Current Assets/Total Current Liabilities
=1057.563/735.682
=1.43752736

PT Mitra Adiperkasa Tbk's current ratio of this year was 1.61777459. PT Mitra Adiperkasa Tbk's current ratio of last year was 1.43752736. ==> 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 Mitra Adiperkasa Tbk's number of shares in issue this year was 16600. PT Mitra Adiperkasa Tbk's number of shares in issue last year was 16600. ==> 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
=1127.036/2963.228
=0.38034063

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=1028.24/2587.876
=0.3973297

PT Mitra Adiperkasa Tbk's gross margin of this year was 0.38034063. PT Mitra Adiperkasa Tbk's gross margin of last year was 0.3973297. ==> 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)
=2963.228/1899.589
=1.55993112

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Mar24)
=2587.876/1796.961
=1.44014033

PT Mitra Adiperkasa Tbk's asset turnover of this year was 1.55993112. PT Mitra Adiperkasa Tbk's asset turnover of last year was 1.44014033. ==> 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 Mitra Adiperkasa 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 8 mean?
PT Mitra Adiperkasa Tbk (PMDKF) has a Piotroski F-Score of 8 as of Jun. 25, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on PT Mitra Adiperkasa Tbk and its competitors. This is 14% above median its historical median of 7.00. Over the past decade, PT Mitra Adiperkasa Tbk's Piotroski F-Score has ranged from 3.00 to 9.00. According to the industry distribution chart, PT Mitra Adiperkasa Tbk ranks #17 out of 1101 companies in the Retail - Cyclical industry, placing it in the top 1.5%.
Is PT Mitra Adiperkasa Tbk's Piotroski F-Score too high?
PT Mitra Adiperkasa Tbk's current Piotroski F-Score of 8 is 14% above median its 10-year median of 7.00. Over the past 10 years, this metric has ranged from a low of 3.00 to a high of 9.00. The Retail - Cyclical industry median Piotroski F-Score is 5.00. PT Mitra Adiperkasa Tbk's value of 8 is 60% above this industry median. Based on the distribution chart, PT Mitra Adiperkasa Tbk ranks #17 out of 1101 companies in the Retail - Cyclical industry, which is in the top quartile — a strong position relative to peers. Overall, PT Mitra Adiperkasa Tbk has a GF Score™ of 85/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does PT Mitra Adiperkasa Tbk's Piotroski F-Score compare to DDS and M?
According to the Retail - Cyclical industry distribution chart, PT Mitra Adiperkasa Tbk ranks #17 out of 1101 companies for Piotroski F-Score. This places PT Mitra Adiperkasa Tbk in the top 2% of its industry — outperforming the majority of peers. The industry median Piotroski F-Score is 5.00. PT Mitra Adiperkasa Tbk's value of 8 is 60% above this benchmark. Historically, PT Mitra Adiperkasa 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 7.00 vs. the industry median of 5.00, PT Mitra Adiperkasa 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 Retail - Cyclical company?
The median Piotroski F-Score among Retail - Cyclical companies is 5.00, based on 1,101 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 Mitra Adiperkasa Tbk's current Piotroski F-Score of 8 is 60% 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 Mitra Adiperkasa Tbk and its competitors. For the Retail - Cyclical 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 Mitra Adiperkasa Tbk's current Piotroski F-Score is 8, which is 14% above 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 Mitra Adiperkasa Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Mitra Adiperkasa Tbk (PMDKF) is currently considered Modestly Undervalued. The stock's GF Value™ is $0.08, compared to a current price of $0.06 — trading 18.9% below its estimated fair value. The current Piotroski F-Score is 8, which is 14% above median its 10-year median of 7.00 and 60% above the Retail - Cyclical industry median of 5.00. PT Mitra Adiperkasa Tbk's overall GF Score™ is 85/100 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 Mitra Adiperkasa Tbk (PMDKF), the current Piotroski F-Score is 8 as of Jun. 25, 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 Mitra Adiperkasa Tbk (PMDKF) Overvalued in 2026?

Based on GuruFocus' analysis, PT Mitra Adiperkasa Tbk stock appears to be undervalued. The current stock price of $0.06 is trading 18.9% below its estimated GF Value™ of $0.08. GuruFocus considers PT Mitra Adiperkasa Tbk to be Modestly Undervalued.

Key valuation signals for PMDKF:

  • Piotroski F-Score: 8 (14% above median its 10-year median of 7.00)
  • GF Value™: $0.08 vs. price of $0.06 (18.9% below fair value)
  • GF Score™: 85/100 with 4 warning signs
  • Industry Position: 60% above the Retail - Cyclical median (#17 of 1101)

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


PT Mitra Adiperkasa Tbk Business Description

Other Exchanges MAPI:IndonesiaQGI:Germany
Address Jalan Jend Sudirman Kav 86, 29th Floor, Sahid Sudirman Center, Central Jakarta, Jakarta, IDN, 10220
PT Mitra Adiperkasa Tbk is a departmental store operator in Indonesia. Its portfolio of services comprises sports equipment, fashion, food and beverages, and lifestyle stores managed by over 100 brands like Zara, Lacoste, Adidas, Nike, Starbucks, Domino's Pizza, Galeries, Lafayette, and more. It operates in the following segments: Retail sales; Department stores; Cafe & restaurant; and Others. The majority of its revenue is derived from the Retail sales segment. Its geographical segments include Indonesia, Vietnam, the Philippines, Thailand, and Others.
85GF Score

Get the complete analysis for PMDKF

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

$0.06
Price
$0.08
GF Value