PT Bumi Resources Minerals Tbk (STU:BUR) Piotroski F-Score: 8 (As of Jun. 25, 2026) — 60% Above Median


STU:BUR PT Bumi Resources Minerals Tbk STU:BUR
88 GF Score
Price €0.03
GF Value €0.05
Valuation Significantly Undervalued
! 4 Warning Signs
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What is PT Bumi Resources Minerals Tbk Piotroski F-Score?

PT Bumi Resources Minerals Tbk STU:BUR -13.79% 88 Piotroski F-Score is 8 as of Jun. 25, 2026, which is 60% above its 10-year median of 5.00. GuruFocus rates STU:BUR with a GF Score™ of 88/100 and a GF Value™ of €0.05 (Significantly Undervalued). The stock has 4 warning signs investors should review. Among 2,511 Metals & Mining companies, PT Bumi Resources Minerals Tbk ranks better than 99% 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 Bumi Resources Minerals 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 Bumi Resources Minerals Tbk's Piotroski F-Score or its related term are showing as below:

STU:BUR' s Piotroski F-Score Range Over the Past 10 Years
Min: 1   Med: 5   Max: 8
Current: 8

During the past 13 years, the highest Piotroski F-Score of PT Bumi Resources Minerals Tbk was 8. The lowest was 1. And the median was 5.

PT Bumi Resources Minerals Tbk  (STU:BUR) 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 Bumi Resources Minerals Tbk Piotroski F-Score Related Terms


PT Bumi Resources Minerals Tbk Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for PT Bumi Resources Minerals 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 Bumi Resources Minerals Tbk Piotroski F-Score Chart

PT Bumi Resources Minerals 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 2.00 6.00 6.00 8.00

PT Bumi Resources Minerals 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 8.00 8.00 8.00

PT Bumi Resources Minerals Tbk Piotroski F-Score Competitor Comparison

For the Other Industrial Metals & Mining subindustry, PT Bumi Resources Minerals 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 Bumi Resources Minerals Tbk Piotroski F-Score vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, PT Bumi Resources Minerals Tbk's Piotroski F-Score distribution charts can be found below:

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


STU:BUR
88GF Score
PT Bumi Resources Minerals Tbk STU:BUR
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 7.376 + 12.723 + 10.335 + 15.18 = €45.6 Mil.
Cash Flow from Operations was -0.238 + 25.479 + 12.496 + 22.733 = €60.5 Mil.
Revenue was 49.88 + 53.447 + 56.172 + 60.094 = €219.6 Mil.
Gross Profit was 31.286 + 26.445 + 31.572 + 37.64 = €126.9 Mil.
Average Total Assets from the begining of this year (Mar25)
to the end of this year (Mar26) was
(1072.992 + 1035.825 + 1037.299 + 1119.208 + 1209.89) / 5 = €1095.0428 Mil.
Total Assets at the begining of this year (Mar25) was €1,073.0 Mil.
Long-Term Debt & Capital Lease Obligation was €202.8 Mil.
Total Current Assets was €260.6 Mil.
Total Current Liabilities was €81.9 Mil.
Net Income was 4.995 + 6.032 + 8.36 + 13.383 = €32.8 Mil.

Revenue was 38.036 + 42.536 + 51.442 + 58.567 = €190.6 Mil.
Gross Profit was 20.142 + 19.642 + 26.056 + 33.42 = €99.3 Mil.
Average Total Assets from the begining of last year (Mar24)
to the end of last year (Mar25) was
(1036.314 + 1050.429 + 1048.043 + 1102.9 + 1072.992) / 5 = €1062.1356 Mil.
Total Assets at the begining of last year (Mar24) was €1,036.3 Mil.
Long-Term Debt & Capital Lease Obligation was €0.0 Mil.
Total Current Assets was €166.6 Mil.
Total Current Liabilities was €132.8 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 Bumi Resources Minerals Tbk's current Net Income (TTM) was 45.6. ==> 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 Bumi Resources Minerals Tbk's current Cash Flow from Operations (TTM) was 60.5. ==> 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)
=45.614/1072.992
=0.04251103

ROA (Last Year)=Net Income/Total Assets (Mar24)
=32.77/1036.314
=0.03162169

PT Bumi Resources Minerals Tbk's return on assets of this year was 0.04251103. PT Bumi Resources Minerals Tbk's return on assets of last year was 0.03162169. ==> 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 Bumi Resources Minerals Tbk's current Net Income (TTM) was 45.6. PT Bumi Resources Minerals Tbk's current Cash Flow from Operations (TTM) was 60.5. ==> 60.5 > 45.6 ==> 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
=202.797/1095.0428
=0.1851955

Gearing (Last Year: Mar25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar24 to Mar25
=0/1062.1356
=0

PT Bumi Resources Minerals Tbk's gearing of this year was 0.1851955. PT Bumi Resources Minerals Tbk's gearing of last year was 0. ==> 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: Mar26)=Total Current Assets/Total Current Liabilities
=260.576/81.91
=3.18124771

Current Ratio (Last Year: Mar25)=Total Current Assets/Total Current Liabilities
=166.618/132.811
=1.2545497

PT Bumi Resources Minerals Tbk's current ratio of this year was 3.18124771. PT Bumi Resources Minerals Tbk's current ratio of last year was 1.2545497. ==> 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 Bumi Resources Minerals Tbk's number of shares in issue this year was 141784.04. PT Bumi Resources Minerals Tbk's number of shares in issue last year was 141784.04. ==> 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
=126.943/219.593
=0.57808309

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=99.26/190.581
=0.52082841

PT Bumi Resources Minerals Tbk's gross margin of this year was 0.57808309. PT Bumi Resources Minerals Tbk's gross margin of last year was 0.52082841. ==> This year's gross margin is higher. ==> Score 1.

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)
=219.593/1072.992
=0.20465483

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Mar24)
=190.581/1036.314
=0.18390276

PT Bumi Resources Minerals Tbk's asset turnover of this year was 0.20465483. PT Bumi Resources Minerals Tbk's asset turnover of last year was 0.18390276. ==> 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+0+1+1+1+1
=8

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

PT Bumi Resources Minerals 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 Bumi Resources Minerals Tbk (STU:BUR) 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 Bumi Resources Minerals Tbk and its competitors. This is 60% above median its historical median of 5.00. Over the past decade, PT Bumi Resources Minerals Tbk's Piotroski F-Score has ranged from 1.00 to 8.00. According to the industry distribution chart, PT Bumi Resources Minerals Tbk ranks #25 out of 2511 companies in the Metals & Mining industry, placing it in the top 1%.
Is PT Bumi Resources Minerals Tbk's Piotroski F-Score too high?
PT Bumi Resources Minerals Tbk's current Piotroski F-Score of 8 is 60% above median its 10-year median of 5.00. Over the past 10 years, this metric has ranged from a low of 1.00 to a high of 8.00. The Metals & Mining industry median Piotroski F-Score is 3.00. PT Bumi Resources Minerals Tbk's value of 8 is 166.7% above this industry median. Based on the distribution chart, PT Bumi Resources Minerals Tbk ranks #25 out of 2511 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers. Overall, PT Bumi Resources Minerals Tbk has a GF Score™ of 88/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does PT Bumi Resources Minerals Tbk's Piotroski F-Score compare to competitors?
According to the Metals & Mining industry distribution chart, PT Bumi Resources Minerals Tbk ranks #25 out of 2511 companies for Piotroski F-Score. This places PT Bumi Resources Minerals Tbk in the top 1% of its industry — outperforming the majority of peers. The industry median Piotroski F-Score is 3.00. PT Bumi Resources Minerals Tbk's value of 8 is 166.7% above this benchmark. Historically, PT Bumi Resources Minerals Tbk's own Piotroski F-Score has ranged from 1.00 to 8.00 over the past decade. While the company's 10-year median is 5.00 vs. the industry median of 3.00, PT Bumi Resources Minerals 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 Metals & Mining company?
The median Piotroski F-Score among Metals & Mining companies is 3.00, based on 2,511 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 Bumi Resources Minerals Tbk's current Piotroski F-Score of 8 is 166.7% 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 Bumi Resources Minerals Tbk and its competitors. For the Metals & Mining industry, the median Piotroski F-Score is 3.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT Bumi Resources Minerals Tbk's current Piotroski F-Score is 8, which is 60% above median its own 10-year median of 5.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Bumi Resources Minerals Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Bumi Resources Minerals Tbk (STU:BUR) is currently considered Significantly Undervalued. The stock's GF Value™ is €0.05, compared to a current price of €0.03 — trading 50% below its estimated fair value. The current Piotroski F-Score is 8, which is 60% above median its 10-year median of 5.00 and 166.7% above the Metals & Mining industry median of 3.00. PT Bumi Resources Minerals Tbk's overall GF Score™ is 88/100 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 Bumi Resources Minerals Tbk (STU:BUR), 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 Bumi Resources Minerals Tbk (STU:BUR) Overvalued in 2026?

Based on GuruFocus' analysis, PT Bumi Resources Minerals Tbk stock appears to be undervalued. The current stock price of €0.03 is trading 50% below its estimated GF Value™ of €0.05. GuruFocus considers PT Bumi Resources Minerals Tbk to be Significantly Undervalued.

Key valuation signals for STU:BUR:

  • Piotroski F-Score: 8 (60% above median its 10-year median of 5.00)
  • GF Value™: €0.05 vs. price of €0.03 (50% below fair value)
  • GF Score™: 88/100 with 4 warning signs
  • Industry Position: 166.7% above the Metals & Mining median (#25 of 2511)

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


PT Bumi Resources Minerals Tbk Business Description

Other Exchanges BRMS:Indonesia
Address Jalan H.R. Rasuna Said Kuningan, Bakrie Tower, 1st, 6th and 10th Floors, Complex Rasuna Epicentrum, Kuningan, Jakarta, IDN, 12940
PT Bumi Resources Minerals Tbk is an Indonesian company engaged in mining. The company's assets include copper, gold, zinc, lead, and other valuable metals. The group classifies its mining business into three core business segments, which include Mining and services, investments, and holding companies. The investments segment consists of investments in shares of stock, funding, and financing. The holding company's activities include the setup of joint capital for the development of mines. Its mining and services segment of metal minerals is under exploration and development stages.
88GF Score

Get the complete analysis for STU:BUR

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

€0.03
Price
€0.05
GF Value