PT Budi Starch & Sweetener Tbk (ISX:BUDI) Gross Margin %: 13.96% (As of Mar. 2026) — Near Median


ISX:BUDI PT Budi Starch & Sweetener Tbk ISX:BUDI
71 GF Score
Price Rp204.00
GF Value Rp218.23
Valuation Fairly Valued
! 7 Warning Signs
View Full Analysis

What is PT Budi Starch & Sweetener Tbk Gross Margin %?

PT Budi Starch & Sweetener Tbk ISX:BUDI +2.00% 71 Gross Margin % is 13.96% as of Mar. 2026, which is 9% above its 10-year median of 12.84. GuruFocus rates ISX:BUDI with a GF Score™ of 71/100 and a GF Value™ of Rp218.23 (Fairly Valued). The stock has 7 warning signs investors should review. Among 1,899 Consumer Packaged Goods companies, PT Budi Starch & Sweetener Tbk ranks worse than 77.51% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. PT Budi Starch & Sweetener Tbk's Gross Profit for the three months ended in Mar. 2026 was Rp144,217 Mil. PT Budi Starch & Sweetener Tbk's Revenue for the three months ended in Mar. 2026 was Rp1,033,306 Mil. Therefore, PT Budi Starch & Sweetener Tbk's Gross Margin % for the quarter that ended in Mar. 2026 was 13.96%.


The historical rank and industry rank for PT Budi Starch & Sweetener Tbk's Gross Margin % or its related term are showing as below:

ISX:BUDI' s Gross Margin % Range Over the Past 10 Years
Min: 10.5   Med: 12.84   Max: 14.27
Current: 14.27


During the past 13 years, the highest Gross Margin % of PT Budi Starch & Sweetener Tbk was 14.27%. The lowest was 10.50%. And the median was 12.84%.

ISX:BUDI's Gross Margin % is ranked worse than
77.51% of 1899 companies
in the Consumer Packaged Goods industry
Industry Median: 26.37 vs ISX:BUDI: 14.27

PT Budi Starch & Sweetener Tbk had a gross margin of 13.96% for the quarter that ended in Mar. 2026 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for PT Budi Starch & Sweetener Tbk was -0.90% per year.


PT Budi Starch & Sweetener Tbk  (ISX:BUDI) 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 Budi Starch & Sweetener Tbk had a gross margin of 13.96% 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 Budi Starch & Sweetener Tbk Gross Margin % Related Terms


PT Budi Starch & Sweetener Tbk Gross Margin % Historical Data

* Premium members only.

The historical data trend for PT Budi Starch & Sweetener 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 Budi Starch & Sweetener Tbk Gross Margin % Chart

PT Budi Starch & Sweetener 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 13.10 12.23 12.18 10.50 13.94

PT Budi Starch & Sweetener 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 12.55 14.86 13.42 14.80 13.96

ISX:BUDI vs KHC, GIS: Gross Margin % Comparison

For the Packaged Foods subindustry, PT Budi Starch & Sweetener 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 Budi Starch & Sweetener Tbk Gross Margin % vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, PT Budi Starch & Sweetener Tbk's Gross Margin % distribution charts can be found below:

* The bar in red indicates where PT Budi Starch & Sweetener Tbk's Gross Margin % falls into.


ISX:BUDI
71GF Score
PT Budi Starch & Sweetener Tbk ISX:BUDI
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

PT Budi Starch & Sweetener Tbk Gross Margin % Calculation

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

PT Budi Starch & Sweetener 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 )
=442818 / 3177730
=(Revenue - Cost of Goods Sold) / Revenue
=(3177730 - 2734912) / 3177730
=13.94 %

PT Budi Starch & Sweetener 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 )
=144217 / 1033306
=(Revenue - Cost of Goods Sold) / Revenue
=(1033306 - 889089) / 1033306
=13.96 %

* 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 13.96% mean?
PT Budi Starch & Sweetener Tbk (ISX:BUDI) has a Gross Margin % of 13.96% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on PT Budi Starch & Sweetener Tbk and its competitors. This is near median its historical median of 12.84. Over the past decade, PT Budi Starch & Sweetener Tbk's Gross Margin % has ranged from 10.50 to 14.27. According to the industry distribution chart, PT Budi Starch & Sweetener Tbk ranks #1472 out of 1899 companies in the Consumer Packaged Goods industry, placing it in the top 77.5%.
Is PT Budi Starch & Sweetener Tbk's Gross Margin % too high?
PT Budi Starch & Sweetener Tbk's current Gross Margin % of 13.96% is near median its 10-year median of 12.84. Over the past 10 years, this metric has ranged from a low of 10.50 to a high of 14.27. The Consumer Packaged Goods industry median Gross Margin % is 26.37. PT Budi Starch & Sweetener Tbk's value of 13.96% is 47.1% below this industry median. Based on the distribution chart, PT Budi Starch & Sweetener Tbk ranks #1472 out of 1899 companies in the Consumer Packaged Goods industry, which is in the bottom quartile relative to peers. Overall, PT Budi Starch & Sweetener Tbk has a GF Score™ of 71/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does PT Budi Starch & Sweetener Tbk's Gross Margin % compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, PT Budi Starch & Sweetener Tbk ranks #1472 out of 1899 companies for Gross Margin %. This places PT Budi Starch & Sweetener Tbk in the lower half of its industry. The industry median Gross Margin % is 26.37. PT Budi Starch & Sweetener Tbk's value of 13.96% is 47.1% below this benchmark. Historically, PT Budi Starch & Sweetener Tbk's own Gross Margin % has ranged from 10.50 to 14.27 over the past decade. While the company's 10-year median is 12.84 vs. the industry median of 26.37, PT Budi Starch & Sweetener 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 Consumer Packaged Goods company?
The median Gross Margin % among Consumer Packaged Goods companies is 26.37, based on 1,899 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 Budi Starch & Sweetener Tbk's current Gross Margin % of 13.96% is 47.1% 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 Budi Starch & Sweetener Tbk and its competitors. For the Consumer Packaged Goods industry, the median Gross Margin % is 26.37 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT Budi Starch & Sweetener Tbk's current Gross Margin % is 13.96%, which is near median its own 10-year median of 12.84. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Budi Starch & Sweetener Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Budi Starch & Sweetener Tbk (ISX:BUDI) is currently considered Fairly Valued. The stock's GF Value™ is Rp218.23, compared to a current price of Rp204.00 — trading 6.5% below its estimated fair value. The current Gross Margin % is 13.96%, which is near median its 10-year median of 12.84 and 47.1% below the Consumer Packaged Goods industry median of 26.37. PT Budi Starch & Sweetener Tbk's overall GF Score™ is 71/100 with 7 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 Budi Starch & Sweetener Tbk (ISX:BUDI), the current Gross Margin % is 13.96% 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 Budi Starch & Sweetener Tbk (ISX:BUDI) Overvalued in 2026?

Based on GuruFocus' analysis, PT Budi Starch & Sweetener Tbk stock appears to be undervalued. The current stock price of Rp204.00 is trading 6.5% below its estimated GF Value™ of Rp218.23. GuruFocus considers PT Budi Starch & Sweetener Tbk to be Fairly Valued.

Key valuation signals for ISX:BUDI:

  • Gross Margin %: 13.96% (near median its 10-year median of 12.84)
  • GF Value™: Rp218.23 vs. price of Rp204.00 (6.5% below fair value)
  • GF Score™: 71/100 with 7 warning signs
  • Industry Position: 47.1% below the Consumer Packaged Goods median (#1472 of 1899)

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


PT Budi Starch & Sweetener Tbk Business Description

Address Jalan H.R. Rasuna Said Kav. C-6, Wisma Budi, 8th - 9th Floor, Jakarta, IDN, 12940
PT Budi Starch & Sweetener Tbk, along with its subsidiaries, is engaged in offering cassava-based products and all derivative products produced from sweet potato, palm oil, copra, and other agricultural products. The company's operating segments are presented based on its products and include tapioca starch, sweeteners, sulfuric acid and others, and plastic packaging. The majority of its revenue is generated from the sale of tapioca starch. Geographically, the firm derives the majority of its revenue from the domestic market and also exports its products to other countries.
71GF Score

Get the complete analysis for ISX:BUDI

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

Rp204.00
Price
Rp218.23
GF Value