PT Elnusa Tbk (ISX:ELSA) Gross Margin %: 9.84% (As of Mar. 2026) — Near Median


ISX:ELSA PT Elnusa Tbk ISX:ELSA
94 GF Score
Price Rp520.00
GF Value Rp511.04
Valuation Fairly Valued
! 2 Warning Signs
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What is PT Elnusa Tbk Gross Margin %?

PT Elnusa Tbk ISX:ELSA -1.89% 94 Gross Margin % is 9.84% as of Mar. 2026, which is 0% below its 10-year median of 9.87. GuruFocus rates ISX:ELSA with a GF Score™ of 94/100 and a GF Value™ of Rp511.04 (Fairly Valued). The stock has 2 warning signs investors should review. Among 872 Oil & Gas companies, PT Elnusa Tbk ranks worse than 78.67% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. PT Elnusa Tbk's Gross Profit for the three months ended in Mar. 2026 was Rp355,996 Mil. PT Elnusa Tbk's Revenue for the three months ended in Mar. 2026 was Rp3,616,611 Mil. Therefore, PT Elnusa Tbk's Gross Margin % for the quarter that ended in Mar. 2026 was 9.84%.


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

ISX:ELSA' s Gross Margin % Range Over the Past 10 Years
Min: 7.41   Med: 9.87   Max: 16.97
Current: 9.87


During the past 13 years, the highest Gross Margin % of PT Elnusa Tbk was 16.97%. The lowest was 7.41%. And the median was 9.87%.

ISX:ELSA's Gross Margin % is ranked worse than
78.67% of 872 companies
in the Oil & Gas industry
Industry Median: 25.62 vs ISX:ELSA: 9.87

PT Elnusa Tbk had a gross margin of 9.84% for the quarter that ended in Mar. 2026 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for PT Elnusa Tbk was 3.10% per year.


PT Elnusa Tbk  (ISX:ELSA) 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 Elnusa Tbk had a gross margin of 9.84% 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 Elnusa Tbk Gross Margin % Related Terms


PT Elnusa Tbk Gross Margin % Historical Data

* Premium members only.

The historical data trend for PT Elnusa 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 Elnusa Tbk Gross Margin % Chart

PT Elnusa 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 7.93 7.41 9.31 9.89 9.98

PT Elnusa 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 10.30 10.52 10.02 9.22 9.84

ISX:ELSA vs SLB, BKR, HAL: Gross Margin % Comparison

For the Oil & Gas Equipment & Services subindustry, PT Elnusa 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 Elnusa Tbk Gross Margin % vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, PT Elnusa Tbk's Gross Margin % distribution charts can be found below:

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


ISX:ELSA
94GF Score
PT Elnusa Tbk ISX:ELSA
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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PT Elnusa Tbk Gross Margin % Calculation

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

PT Elnusa 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 )
=1447134 / 14498139
=(Revenue - Cost of Goods Sold) / Revenue
=(14498139 - 13051005) / 14498139
=9.98 %

PT Elnusa 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 )
=355996 / 3616611
=(Revenue - Cost of Goods Sold) / Revenue
=(3616611 - 3260615) / 3616611
=9.84 %

* 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 9.84% mean?
PT Elnusa Tbk (ISX:ELSA) has a Gross Margin % of 9.84% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on PT Elnusa Tbk and its competitors. This is near median its historical median of 9.87. Over the past decade, PT Elnusa Tbk's Gross Margin % has ranged from 7.41 to 16.97. According to the industry distribution chart, PT Elnusa Tbk ranks #686 out of 872 companies in the Oil & Gas industry, placing it in the top 78.7%.
Is PT Elnusa Tbk's Gross Margin % too high?
PT Elnusa Tbk's current Gross Margin % of 9.84% is near median its 10-year median of 9.87. Over the past 10 years, this metric has ranged from a low of 7.41 to a high of 16.97. The Oil & Gas industry median Gross Margin % is 25.62. PT Elnusa Tbk's value of 9.84% is 61.6% below this industry median. Based on the distribution chart, PT Elnusa Tbk ranks #686 out of 872 companies in the Oil & Gas industry, which is in the bottom quartile relative to peers. Overall, PT Elnusa Tbk has a GF Score™ of 94/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does PT Elnusa Tbk's Gross Margin % compare to SLB and BKR?
According to the Oil & Gas industry distribution chart, PT Elnusa Tbk ranks #686 out of 872 companies for Gross Margin %. This places PT Elnusa Tbk in the lower half of its industry. The industry median Gross Margin % is 25.62. PT Elnusa Tbk's value of 9.84% is 61.6% below this benchmark. Historically, PT Elnusa Tbk's own Gross Margin % has ranged from 7.41 to 16.97 over the past decade. While the company's 10-year median is 9.87 vs. the industry median of 25.62, PT Elnusa 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 an Oil & Gas company?
The median Gross Margin % among Oil & Gas companies is 25.62, based on 872 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 Elnusa Tbk's current Gross Margin % of 9.84% is 61.6% 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 Elnusa Tbk and its competitors. For the Oil & Gas industry, the median Gross Margin % is 25.62 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT Elnusa Tbk's current Gross Margin % is 9.84%, which is near median its own 10-year median of 9.87. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Elnusa Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Elnusa Tbk (ISX:ELSA) is currently considered Fairly Valued. The stock's GF Value™ is Rp511.04, compared to a current price of Rp520.00 — trading 1.8% above its estimated fair value. The current Gross Margin % is 9.84%, which is near median its 10-year median of 9.87 and 61.6% below the Oil & Gas industry median of 25.62. PT Elnusa Tbk's overall GF Score™ is 94/100 with 2 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 Elnusa Tbk (ISX:ELSA), the current Gross Margin % is 9.84% 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 Elnusa Tbk (ISX:ELSA) Overvalued in 2026?

Based on GuruFocus' analysis, PT Elnusa Tbk stock appears to be overvalued. The current stock price of Rp520.00 is trading 1.8% above its estimated GF Value™ of Rp511.04. GuruFocus considers PT Elnusa Tbk to be Fairly Valued.

Key valuation signals for ISX:ELSA:

  • Gross Margin %: 9.84% (near median its 10-year median of 9.87)
  • GF Value™: Rp511.04 vs. price of Rp520.00 (1.8% above fair value)
  • GF Score™: 94/100 with 2 warning signs
  • Industry Position: 61.6% below the Oil & Gas median (#686 of 872)

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


PT Elnusa Tbk Business Description

Industry EnergyOil & Gas
Address Jalan T.B. Simatupang Kav. 1 B, Graha Elnusa, 16th Floor, Jakarta, IDN, 12560
PT Elnusa Tbk is engaged in upstream oil and gas services and investing in shares of stock of subsidiaries and joint ventures that are engaged in various businesses in oil and gas support services and energy distribution and logistics services. The company also provides goods and services including providing and managing office space for its subsidiaries, related parties and third parties. Its business segments are: Integrated upstream oil and gas services, Oil and gas support services, and Sales of goods and energy distribution and logistics services. The majority of the company's revenue is derived from the Sales of goods and energy distribution and logistics services segment, which provides storage services, trading, distribution and marketing of oil and gas products in Indonesia.
94GF Score

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

Rp520.00
Price
Rp511.04
GF Value