PT Barito Pacific Tbk (STU:OB8) Piotroski F-Score: 4 (As of Jun. 27, 2026) — 20% Below Median


STU:OB8 PT Barito Pacific Tbk STU:OB8
79 GF Score
Price €0.06
GF Value €0.15
Valuation Possible Value Trap
! 8 Warning Signs
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What is PT Barito Pacific Tbk Piotroski F-Score?

PT Barito Pacific Tbk STU:OB8 -8.82% 79 Piotroski F-Score is 4 as of Jun. 27, 2026, which is 20% below its 10-year median of 5.00. GuruFocus rates STU:OB8 with a GF Score™ of 79/100 and a GF Value™ of €0.15 (Possible Value Trap). The stock has 8 warning signs investors should review. Among 1,567 Chemicals companies, PT Barito Pacific Tbk ranks worse than 64.9% 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 Barito Pacific Tbk has an F-score of 4 indicating the company's financial situation is typical for a stable company.

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

STU:OB8' s Piotroski F-Score Range Over the Past 10 Years
Min: 2   Med: 5   Max: 9
Current: 4

During the past 13 years, the highest Piotroski F-Score of PT Barito Pacific Tbk was 9. The lowest was 2. And the median was 5.

PT Barito Pacific Tbk  (STU:OB8) 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 Barito Pacific Tbk Piotroski F-Score Related Terms


PT Barito Pacific Tbk Piotroski F-Score Historical Data

* Premium members only.

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

PT Barito Pacific 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 9.00 2.00 7.00 4.00 5.00

PT Barito Pacific 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 5.00 4.00 5.00 4.00

STU:OB8 vs DOW: Piotroski F-Score Comparison

For the Chemicals subindustry, PT Barito Pacific 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 Barito Pacific Tbk Piotroski F-Score vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, PT Barito Pacific Tbk's Piotroski F-Score distribution charts can be found below:

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


STU:OB8
79GF Score
PT Barito Pacific Tbk STU:OB8
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 454.017 + 36.058 + -78.858 + 78.262 = €489 Mil.
Cash Flow from Operations was 231.02 + 82.802 + 224.159 + -183.605 = €354 Mil.
Revenue was 2128.354 + 1989.449 + 1765.244 + 2223.264 = €8,106 Mil.
Gross Profit was -31.368 + 33.091 + 320.434 + 596.193 = €918 Mil.
Average Total Assets from the begining of this year (Mar25)
to the end of this year (Mar26) was
(10075.707 + 13169.748 + 13642.348 + 14819.642 + 15240.638) / 5 = €13389.6166 Mil.
Total Assets at the begining of this year (Mar25) was €10,076 Mil.
Long-Term Debt & Capital Lease Obligation was €6,440 Mil.
Total Current Assets was €5,732 Mil.
Total Current Liabilities was €2,087 Mil.
Net Income was 23.818 + -6.93 + 28.344 + 14.948 = €60 Mil.

Revenue was 502.234 + 466.596 + 677.971 + 715.718 = €2,363 Mil.
Gross Profit was 118.455 + 123.288 + 323.351 + 157.277 = €722 Mil.
Average Total Assets from the begining of last year (Mar24)
to the end of last year (Mar25) was
(9244.596 + 9274.901 + 9181.495 + 10058.599 + 10075.707) / 5 = €9567.0596 Mil.
Total Assets at the begining of last year (Mar24) was €9,245 Mil.
Long-Term Debt & Capital Lease Obligation was €4,264 Mil.
Total Current Assets was €3,552 Mil.
Total Current Liabilities was €930 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 Barito Pacific Tbk's current Net Income (TTM) was 489. ==> 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 Barito Pacific Tbk's current Cash Flow from Operations (TTM) was 354. ==> 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)
=489.479/10075.707
=0.04858011

ROA (Last Year)=Net Income/Total Assets (Mar24)
=60.18/9244.596
=0.00650975

PT Barito Pacific Tbk's return on assets of this year was 0.04858011. PT Barito Pacific Tbk's return on assets of last year was 0.00650975. ==> 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 Barito Pacific Tbk's current Net Income (TTM) was 489. PT Barito Pacific Tbk's current Cash Flow from Operations (TTM) was 354. ==> 354 <= 489 ==> CFROA <= ROA ==> Score 0.

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
=6439.915/13389.6166
=0.48096336

Gearing (Last Year: Mar25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar24 to Mar25
=4264.395/9567.0596
=0.44573727

PT Barito Pacific Tbk's gearing of this year was 0.48096336. PT Barito Pacific Tbk's gearing of last year was 0.44573727. ==> 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
=5732.35/2087.265
=2.7463451

Current Ratio (Last Year: Mar25)=Total Current Assets/Total Current Liabilities
=3551.585/930.297
=3.8176894

PT Barito Pacific Tbk's current ratio of this year was 2.7463451. PT Barito Pacific Tbk's current ratio of last year was 3.8176894. ==> 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 Barito Pacific Tbk's number of shares in issue this year was 93710.602. PT Barito Pacific Tbk's number of shares in issue last year was 93708.446. ==> 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
=918.35/8106.311
=0.11328828

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=722.371/2362.519
=0.30576304

PT Barito Pacific Tbk's gross margin of this year was 0.11328828. PT Barito Pacific Tbk's gross margin of last year was 0.30576304. ==> 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)
=8106.311/10075.707
=0.80454017

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Mar24)
=2362.519/9244.596
=0.25555676

PT Barito Pacific Tbk's asset turnover of this year was 0.80454017. PT Barito Pacific Tbk's asset turnover of last year was 0.25555676. ==> 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+0+0+0+0+0+1
=4

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

PT Barito Pacific Tbk has an F-score of 4 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 4 mean?
PT Barito Pacific Tbk (STU:OB8) has a Piotroski F-Score of 4 as of Jun. 27, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on PT Barito Pacific Tbk and its competitors. This is 20% below median its historical median of 5.00. Over the past decade, PT Barito Pacific Tbk's Piotroski F-Score has ranged from 2.00 to 9.00. According to the industry distribution chart, PT Barito Pacific Tbk ranks #1017 out of 1567 companies in the Chemicals industry, placing it in the top 64.9%.
Is PT Barito Pacific Tbk's Piotroski F-Score too high?
PT Barito Pacific Tbk's current Piotroski F-Score of 4 is 20% below median its 10-year median of 5.00. Over the past 10 years, this metric has ranged from a low of 2.00 to a high of 9.00. The Chemicals industry median Piotroski F-Score is 5.00. PT Barito Pacific Tbk's value of 4 is 20% below this industry median. Based on the distribution chart, PT Barito Pacific Tbk ranks #1017 out of 1567 companies in the Chemicals industry, which is below the industry midpoint. Overall, PT Barito Pacific Tbk has a GF Score™ of 79/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does PT Barito Pacific Tbk's Piotroski F-Score compare to DOW?
According to the Chemicals industry distribution chart, PT Barito Pacific Tbk ranks #1017 out of 1567 companies for Piotroski F-Score. This places PT Barito Pacific Tbk in the lower half of its industry. The industry median Piotroski F-Score is 5.00. PT Barito Pacific Tbk's value of 4 is 20% below this benchmark. Historically, PT Barito Pacific Tbk's own Piotroski F-Score has ranged from 2.00 to 9.00 over the past decade. While the company's 10-year median is 5.00 vs. the industry median of 5.00, PT Barito Pacific Tbk has consistently been below 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 Chemicals company?
The median Piotroski F-Score among Chemicals companies is 5.00, based on 1,567 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 Barito Pacific Tbk's current Piotroski F-Score of 4 is 20% below 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 Barito Pacific Tbk and its competitors. For the Chemicals 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 Barito Pacific Tbk's current Piotroski F-Score is 4, which is 20% below 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 Barito Pacific Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Barito Pacific Tbk (STU:OB8) is currently considered Possible Value Trap. The stock's GF Value™ is €0.15, compared to a current price of €0.06 — trading 58.7% below its estimated fair value. The current Piotroski F-Score is 4, which is 20% below median its 10-year median of 5.00 and 20% below the Chemicals industry median of 5.00. PT Barito Pacific Tbk's overall GF Score™ is 79/100 with 8 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 Barito Pacific Tbk (STU:OB8), the current Piotroski F-Score is 4 as of Jun. 27, 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 Barito Pacific Tbk (STU:OB8) Overvalued in 2026?

Based on GuruFocus' analysis, PT Barito Pacific Tbk stock appears to be undervalued. The current stock price of €0.06 is trading 58.7% below its estimated GF Value™ of €0.15. GuruFocus considers PT Barito Pacific Tbk to be Possible Value Trap.

Key valuation signals for STU:OB8:

  • Piotroski F-Score: 4 (20% below median its 10-year median of 5.00)
  • GF Value™: €0.15 vs. price of €0.06 (58.7% below fair value)
  • GF Score™: 79/100 with 8 warning signs
  • Industry Position: 20% below the Chemicals median (#1017 of 1567)

No single metric tells the full story. See the STU:OB8 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


PT Barito Pacific Tbk Business Description

Other Exchanges BRPT:Indonesia
Address Jalan Let. Jend. S. Parman Kav. 62-63, Wisma Barito Pacific II, 23rd Floor, Jakarta, IDN, 11410
PT Barito Pacific Tbk business activities comprises of renewable energy, transportation and holding company activities. The company's activities mainly comprise of holding company activities, the Company has petrochemical and refinery, building and hotel management, energy and resource , property and other segments. The company's segment includes Petrochemical and refinery; Building and hotel management (property); Energy and resources; and Others. The company generates majority of revenue from Petrochemical and refinery. The Group operates in Indonesia and Singapore.
79GF Score

Get the complete analysis for STU:OB8

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

€0.06
Price
€0.15
GF Value