PT Astra Graphia Tbk (STU:IUA) Piotroski F-Score: 7 (As of Aug. 06, 2026) — 17% Above Median

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STU:IUA PT Astra Graphia Tbk STU:IUA
71 GF Score
Price €0.00
! 5 Warning Signs
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What is PT Astra Graphia Tbk Piotroski F-Score?

PT Astra Graphia Tbk STU:IUA 71 Piotroski F-Score is 7 as of Aug. 06, 2026, which is 17% above its 10-year median of 6.00. GuruFocus rates STU:IUA with a GF Score™ of 71/100. The stock has 5 warning signs investors should review. Among 1,068 Business Services companies, PT Astra Graphia Tbk ranks better than 89.33% 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 Astra Graphia Tbk has an F-score of 7. It is a good or high score, which usually indicates a very healthy situation.

The historical rank and industry rank for PT Astra Graphia Tbk's Piotroski F-Score or its related term are showing as below:

STU:IUA' s Piotroski F-Score Range Over the Past 10 Years
Min: 4   Med: 6   Max: 9
Current: 7

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

PT Astra Graphia Tbk  (STU:IUA) 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 Astra Graphia Tbk Piotroski F-Score Related Terms


PT Astra Graphia Tbk Piotroski F-Score Historical Data

* Premium members only.

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

PT Astra Graphia 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 7.00 8.00 7.00 8.00

PT Astra Graphia Tbk Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 7.00 6.00 8.00 8.00 7.00

STU:IUA vs CTAS, CPRT, GPN: Piotroski F-Score Comparison

For the Specialty Business Services subindustry, PT Astra Graphia 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 Astra Graphia Tbk Piotroski F-Score vs Business Services Industry

For the Business Services industry and Industrials sector, PT Astra Graphia Tbk's Piotroski F-Score distribution charts can be found below:

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


STU:IUA
71GF Score
PT Astra Graphia Tbk STU:IUA
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 (Jun26) TTM:Last Year (Jun25) TTM:
Net Income was 3.874 + 4.567 + 3.55 + 3.341 = €15.3 Mil.
Cash Flow from Operations was 12.29 + 6.81 + 0.663 + 5.622 = €25.4 Mil.
Revenue was 37.976 + 37.268 + 38.823 + 38.584 = €152.7 Mil.
Gross Profit was 9.273 + 11.423 + 8.626 + 8.418 = €37.7 Mil.
Average Total Assets from the begining of this year (Jun25)
to the end of this year (Jun26) was
(152.299 + 151.729 + 159.422 + 156.19 + 141.861) / 5 = €152.3002 Mil.
Total Assets at the begining of this year (Jun25) was €152.3 Mil.
Long-Term Debt & Capital Lease Obligation was €0.5 Mil.
Total Current Assets was €121.2 Mil.
Total Current Liabilities was €45.3 Mil.
Net Income was 4.017 + 3.222 + 2.647 + 3.14 = €13.0 Mil.

Revenue was 44.058 + 46.207 + 40.512 + 42.773 = €173.6 Mil.
Gross Profit was 10.285 + 9.445 + 8.491 + 9.053 = €37.3 Mil.
Average Total Assets from the begining of last year (Jun24)
to the end of last year (Jun25) was
(148.219 + 161.048 + 175.592 + 160.9 + 152.299) / 5 = €159.6116 Mil.
Total Assets at the begining of last year (Jun24) was €148.2 Mil.
Long-Term Debt & Capital Lease Obligation was €0.8 Mil.
Total Current Assets was €127.5 Mil.
Total Current Liabilities was €45.0 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 Astra Graphia Tbk's current Net Income (TTM) was 15.3. ==> 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 Astra Graphia Tbk's current Cash Flow from Operations (TTM) was 25.4. ==> 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 (Jun25)
=15.332/152.299
=0.10067039

ROA (Last Year)=Net Income/Total Assets (Jun24)
=13.026/148.219
=0.08788347

PT Astra Graphia Tbk's return on assets of this year was 0.10067039. PT Astra Graphia Tbk's return on assets of last year was 0.08788347. ==> 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 Astra Graphia Tbk's current Net Income (TTM) was 15.3. PT Astra Graphia Tbk's current Cash Flow from Operations (TTM) was 25.4. ==> 25.4 > 15.3 ==> 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: Jun26)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Jun25 to Jun26
=0.473/152.3002
=0.00310571

Gearing (Last Year: Jun25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Jun24 to Jun25
=0.78/159.6116
=0.00488686

PT Astra Graphia Tbk's gearing of this year was 0.00310571. PT Astra Graphia Tbk's gearing of last year was 0.00488686. ==> 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: Jun26)=Total Current Assets/Total Current Liabilities
=121.191/45.283
=2.67630237

Current Ratio (Last Year: Jun25)=Total Current Assets/Total Current Liabilities
=127.537/44.97
=2.83604625

PT Astra Graphia Tbk's current ratio of this year was 2.67630237. PT Astra Graphia Tbk's current ratio of last year was 2.83604625. ==> 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 Astra Graphia Tbk's number of shares in issue this year was 1349. PT Astra Graphia Tbk's number of shares in issue last year was 1349. ==> 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
=37.74/152.651
=0.24723061

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=37.274/173.55
=0.21477384

PT Astra Graphia Tbk's gross margin of this year was 0.24723061. PT Astra Graphia Tbk's gross margin of last year was 0.21477384. ==> 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 (Jun25)
=152.651/152.299
=1.00231124

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Jun24)
=173.55/148.219
=1.17090252

PT Astra Graphia Tbk's asset turnover of this year was 1.00231124. PT Astra Graphia Tbk's asset turnover of last year was 1.17090252. ==> 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+1+1+1+0+1+1+0
=7

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

PT Astra Graphia Tbk has an F-score of 7. 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 Astra Graphia Tbk (STU:IUA) has a Piotroski F-Score of 7 as of Aug. 06, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on PT Astra Graphia Tbk and its competitors. This is 17% above median its historical median of 6.00. Over the past decade, PT Astra Graphia Tbk's Piotroski F-Score has ranged from 4.00 to 9.00. According to the industry distribution chart, PT Astra Graphia Tbk ranks #114 out of 1068 companies in the Business Services industry, placing it in the top 10.7%.
Is PT Astra Graphia Tbk's Piotroski F-Score too high?
PT Astra Graphia Tbk's current Piotroski F-Score of 7 is 17% above 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 Business Services industry median Piotroski F-Score is 5.00. PT Astra Graphia Tbk's value of 7 is 40% above this industry median. Based on the distribution chart, PT Astra Graphia Tbk ranks #114 out of 1068 companies in the Business Services industry, which is in the top quartile — a strong position relative to peers. Overall, PT Astra Graphia Tbk has a GF Score™ of 71/100, reflecting its overall financial health beyond just this single metric.
How does PT Astra Graphia Tbk's Piotroski F-Score compare to CTAS and CPRT?
According to the Business Services industry distribution chart, PT Astra Graphia Tbk ranks #114 out of 1068 companies for Piotroski F-Score. This places PT Astra Graphia Tbk in the top 11% of its industry — outperforming the majority of peers. The industry median Piotroski F-Score is 5.00. PT Astra Graphia Tbk's value of 7 is 40% above this benchmark. Historically, PT Astra Graphia 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 Astra Graphia 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 Business Services company?
The median Piotroski F-Score among Business Services companies is 5.00, based on 1,068 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 Astra Graphia 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 Astra Graphia Tbk and its competitors. For the Business Services 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 Astra Graphia Tbk's current Piotroski F-Score is 7, which is 17% above 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 Astra Graphia Tbk stock overvalued right now?
PT Astra Graphia Tbk (STU:IUA) has a current Piotroski F-Score of 7. The current Piotroski F-Score is 7, which is 17% above median its 10-year median of 6.00 and 40% above the Business Services industry median of 5.00. PT Astra Graphia Tbk's overall GF Score™ is 71/100 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 Astra Graphia Tbk (STU:IUA), the current Piotroski F-Score is 7 as of Aug. 06, 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.

PT Astra Graphia Tbk Business Description

Other Exchanges ASGR:Indonesia
Address Jl. Kramat Raya No. 43, Jakarta, IDN, 10450
PT Astra Graphia Tbk is an Indonesian company that offers document, information, and communication technology solutions. The company engages in trading, industrial and consulting services, office equipment and supplies contractor services, telecommunications, and investments in other entities. It also provides information and communication solutions such as digital printing services for variable data, office supplies, and office product delivery services. The company organizes its business into two segments: Document Solutions, Information Technology Solutions.
71GF Score

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