PT Hanjaya Mandalampoerna Tbk (FRA:HSZ) Gross Margin %: 18.38% (As of Mar. 2026) — Near Median


FRA:HSZ PT Hanjaya Mandala Sampoerna Tbk FRA:HSZ
90 GF Score
Price €0.03
GF Value €0.03
Valuation Fairly Valued
! 5 Warning Signs
View Full Analysis

What is PT Hanjaya Mandalampoerna Tbk Gross Margin %?

PT Hanjaya Mandalampoerna Tbk FRA:HSZ -3.51% 90 Gross Margin % is 18.38% as of Mar. 2026, which is 5% below its 10-year median of 19.35. GuruFocus rates FRA:HSZ with a GF Score™ of 90/100 and a GF Value™ of €0.03 (Fairly Valued). The stock has 5 warning signs investors should review. Among 47 Tobacco Products companies, PT Hanjaya Mandalampoerna Tbk ranks worse than 72.34% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. PT Hanjaya Mandalampoerna Tbk's Gross Profit for the three months ended in Mar. 2026 was €255 Mil. PT Hanjaya Mandalampoerna Tbk's Revenue for the three months ended in Mar. 2026 was €1,390 Mil. Therefore, PT Hanjaya Mandalampoerna Tbk's Gross Margin % for the quarter that ended in Mar. 2026 was 18.38%.

Warning Sign:

PT Hanjaya Mandala Sampoerna Tbk gross margin has been in long-term decline. The average rate of decline per year is -1.9%.


The historical rank and industry rank for PT Hanjaya Mandalampoerna Tbk's Gross Margin % or its related term are showing as below:

FRA:HSZ' s Gross Margin % Range Over the Past 10 Years
Min: 15.43   Med: 19.35   Max: 24.99
Current: 18.62


During the past 13 years, the highest Gross Margin % of PT Hanjaya Mandalampoerna Tbk was 24.99%. The lowest was 15.43%. And the median was 19.35%.

FRA:HSZ's Gross Margin % is ranked worse than
72.34% of 47 companies
in the Tobacco Products industry
Industry Median: 33.29 vs FRA:HSZ: 18.62

PT Hanjaya Mandalampoerna Tbk had a gross margin of 18.38% for the quarter that ended in Mar. 2026 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for PT Hanjaya Mandalampoerna Tbk was -1.90% per year.


PT Hanjaya Mandalampoerna Tbk  (FRA:HSZ) Gross Margin % Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

PT Hanjaya Mandalampoerna Tbk had a gross margin of 18.38% for the quarter that ended in Mar. 2026 => No sustainable competitive advantage


Be Aware

If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.


PT Hanjaya Mandalampoerna Tbk Gross Margin % Related Terms


PT Hanjaya Mandalampoerna Tbk Gross Margin % Historical Data

* Premium members only.

The historical data trend for PT Hanjaya Mandalampoerna Tbk's Gross Margin % 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 Hanjaya Mandalampoerna Tbk Gross Margin % Chart

PT Hanjaya Mandalampoerna Tbk Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 17.00 15.43 16.67 15.72 18.38

PT Hanjaya Mandalampoerna Tbk Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Gross Margin % 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 17.45 17.53 20.17 18.32 18.38

FRA:HSZ vs PM, MO, TPB: Gross Margin % Comparison

For the Tobacco subindustry, PT Hanjaya Mandalampoerna Tbk's Gross Margin %, along with its competitors' market caps and Gross Margin % 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 Hanjaya Mandalampoerna Tbk Gross Margin % vs Tobacco Products Industry

For the Tobacco Products industry and Consumer Defensive sector, PT Hanjaya Mandalampoerna Tbk's Gross Margin % distribution charts can be found below:

* The bar in red indicates where PT Hanjaya Mandalampoerna Tbk's Gross Margin % falls into.


FRA:HSZ
90GF Score
PT Hanjaya Mandala Sampoerna Tbk FRA:HSZ
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

PT Hanjaya Mandalampoerna Tbk Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue.

PT Hanjaya Mandalampoerna Tbk's Gross Margin for the fiscal year that ended in Dec. 2025 is calculated as

Gross Margin % (A: Dec. 2025 )=Gross Profit (A: Dec. 2025 ) / Revenue (A: Dec. 2025 )
=1053.9 / 5733.772
=(Revenue - Cost of Goods Sold) / Revenue
=(5733.772 - 4679.89) / 5733.772
=18.38 %

PT Hanjaya Mandalampoerna Tbk's Gross Margin for the quarter that ended in Mar. 2026 is calculated as


Gross Margin % (Q: Mar. 2026 )=Gross Profit (Q: Mar. 2026 ) / Revenue (Q: Mar. 2026 )
=255.5 / 1389.985
=(Revenue - Cost of Goods Sold) / Revenue
=(1389.985 - 1134.503) / 1389.985
=18.38 %

* 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.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.

Frequently Asked Questions Learn more about Gross Margin % →
What does a Gross Margin % of 18.38% mean?
PT Hanjaya Mandalampoerna Tbk (FRA:HSZ) has a Gross Margin % of 18.38% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on PT Hanjaya Mandalampoerna Tbk and its competitors. This is near median its historical median of 19.35. Over the past decade, PT Hanjaya Mandalampoerna Tbk's Gross Margin % has ranged from 15.43 to 24.99. According to the industry distribution chart, PT Hanjaya Mandalampoerna Tbk ranks #34 out of 47 companies in the Tobacco Products industry, placing it in the top 72.3%.
Is PT Hanjaya Mandalampoerna Tbk's Gross Margin % too high?
PT Hanjaya Mandalampoerna Tbk's current Gross Margin % of 18.38% is near median its 10-year median of 19.35. Over the past 10 years, this metric has ranged from a low of 15.43 to a high of 24.99. The Tobacco Products industry median Gross Margin % is 33.29. PT Hanjaya Mandalampoerna Tbk's value of 18.38% is 44.8% below this industry median. Based on the distribution chart, PT Hanjaya Mandalampoerna Tbk ranks #34 out of 47 companies in the Tobacco Products industry, which is below the industry midpoint. Overall, PT Hanjaya Mandalampoerna Tbk has a GF Score™ of 90/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does PT Hanjaya Mandalampoerna Tbk's Gross Margin % compare to PM and MO?
According to the Tobacco Products industry distribution chart, PT Hanjaya Mandalampoerna Tbk ranks #34 out of 47 companies for Gross Margin %. This places PT Hanjaya Mandalampoerna Tbk in the lower half of its industry. The industry median Gross Margin % is 33.29. PT Hanjaya Mandalampoerna Tbk's value of 18.38% is 44.8% below this benchmark. Historically, PT Hanjaya Mandalampoerna Tbk's own Gross Margin % has ranged from 15.43 to 24.99 over the past decade. While the company's 10-year median is 19.35 vs. the industry median of 33.29, PT Hanjaya Mandalampoerna 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 Gross Margin % for a Tobacco Products company?
The median Gross Margin % among Tobacco Products companies is 33.29, based on 47 companies in the industry. Companies in the top quartile (top 25%) have a Gross Margin % significantly above this median, while those in the bottom quartile fall well below. However, Gross Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. PT Hanjaya Mandalampoerna Tbk's current Gross Margin % of 18.38% is 44.8% 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 Gross Margin % mean?
A high Gross Margin % can signal that a stock is expensive relative to its fundamentals. Gross margin is the ratio of total gross profit to net sales. View historical data on PT Hanjaya Mandalampoerna Tbk and its competitors. For the Tobacco Products industry, the median Gross Margin % is 33.29 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT Hanjaya Mandalampoerna Tbk's current Gross Margin % is 18.38%, which is near median its own 10-year median of 19.35. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Hanjaya Mandalampoerna Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Hanjaya Mandalampoerna Tbk (FRA:HSZ) is currently considered Fairly Valued. The stock's GF Value™ is €0.03, compared to a current price of €0.03 — trading 8.3% below its estimated fair value. The current Gross Margin % is 18.38%, which is near median its 10-year median of 19.35 and 44.8% below the Tobacco Products industry median of 33.29. PT Hanjaya Mandalampoerna Tbk's overall GF Score™ is 90/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Gross Margin % calculated?
Gross Margin % is calculated from a company's financial statements. For PT Hanjaya Mandalampoerna Tbk (FRA:HSZ), the current Gross Margin % is 18.38% as of Mar. 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 Hanjaya Mandalampoerna Tbk (FRA:HSZ) Overvalued in 2026?

Based on GuruFocus' analysis, PT Hanjaya Mandalampoerna Tbk stock appears to be undervalued. The current stock price of €0.03 is trading 8.3% below its estimated GF Value™ of €0.03. GuruFocus considers PT Hanjaya Mandalampoerna Tbk to be Fairly Valued.

Key valuation signals for FRA:HSZ:

  • Gross Margin %: 18.38% (near median its 10-year median of 19.35)
  • GF Value™: €0.03 vs. price of €0.03 (8.3% below fair value)
  • GF Score™: 90/100 with 5 warning signs
  • Industry Position: 44.8% below the Tobacco Products median (#34 of 47)

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


PT Hanjaya Mandalampoerna Tbk Business Description

Address Jalan Rungkut Industri Raya No. 18, Surabaya, IDN, 60293
PT Hanjaya Mandala Sampoerna Tbk is an Indonesian tobacco company. The company produces a number of brands of cigarettes and is well known, such as Sampoerna A, Sampoerna Kretek, Malboro, Magnum, Dji Sam Soe, and others. The scope of activities of the company comprises, among others manufacturing, trading, and distributing cigarettes. The company's flagship brand is Dji Sam Soe Kretek.
90GF Score

Get the complete analysis for FRA:HSZ

Gross Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€0.03
Price
€0.03
GF Value