PT Goto Gojek Tokopedia TbkISX:GOTO 73 Gross Margin % is 61.01% as of Mar. 2026, which is 56% above its 10-year median of 39.22. GuruFocus rates ISX:GOTO with a GF Score™ of 73/100 and a GF Value™ of Rp84.88 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 2,680 Software companies, PT Goto Gojek Tokopedia Tbk ranks better than 69.18% on this metric.
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 Goto Gojek Tokopedia Tbk had a gross margin of 61.01% for the quarter that ended in Mar. 2026 => Durable 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 Goto Gojek Tokopedia Tbk Gross Margin % Related Terms
PT Goto Gojek Tokopedia Tbk Gross Margin % Historical Data
* 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.
ISX:GOTO vs MSFT, ORCL, PLTR: Gross Margin % Comparison
For the Software - Infrastructure subindustry, PT Goto Gojek Tokopedia 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 Goto Gojek Tokopedia Tbk Gross Margin % vs Software Industry
For the Software industry and Technology sector, PT Goto Gojek Tokopedia Tbk's Gross Margin % distribution charts can be found below:
* The bar in red indicates where PT Goto Gojek Tokopedia Tbk's Gross Margin % falls into.
* 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.
PT Goto Gojek Tokopedia Tbk (ISX:GOTO) has a Gross Margin % of 61.01% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on PT Goto Gojek Tokopedia Tbk and its competitors. This is 56% above median its historical median of 39.22. According to the industry distribution chart, PT Goto Gojek Tokopedia Tbk ranks #826 out of 2680 companies in the Software industry, placing it in the top 30.8%.
Is PT Goto Gojek Tokopedia Tbk's Gross Margin % too high?
PT Goto Gojek Tokopedia Tbk's current Gross Margin % of 61.01% is 56% above median its 10-year median of 39.22. The Software industry median Gross Margin % is 40.45. PT Goto Gojek Tokopedia Tbk's value of 61.01% is 50.8% above this industry median. Based on the distribution chart, PT Goto Gojek Tokopedia Tbk ranks #826 out of 2680 companies in the Software industry, which is above the industry midpoint. Overall, PT Goto Gojek Tokopedia Tbk has a GF Score™ of 73/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does PT Goto Gojek Tokopedia Tbk's Gross Margin % compare to MSFT and ORCL?
According to the Software industry distribution chart, PT Goto Gojek Tokopedia Tbk ranks #826 out of 2680 companies for Gross Margin %. This puts PT Goto Gojek Tokopedia Tbk in the upper half of its industry. The industry median Gross Margin % is 40.45. PT Goto Gojek Tokopedia Tbk's value of 61.01% is 50.8% above this benchmark. While the company's 10-year median is 39.22 vs. the industry median of 40.45, PT Goto Gojek Tokopedia 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 Gross Margin % for a Software company?
The median Gross Margin % among Software companies is 40.45, based on 2,680 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 Goto Gojek Tokopedia Tbk's current Gross Margin % of 61.01% is 50.8% 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 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 Goto Gojek Tokopedia Tbk and its competitors. For the Software industry, the median Gross Margin % is 40.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT Goto Gojek Tokopedia Tbk's current Gross Margin % is 61.01%, which is 56% above median its own 10-year median of 39.22. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Goto Gojek Tokopedia Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Goto Gojek Tokopedia Tbk (ISX:GOTO) is currently considered Possible Value Trap. The stock's GF Value™ is Rp84.88, compared to a current price of Rp50.00 — trading 41.1% below its estimated fair value. The current Gross Margin % is 61.01%, which is 56% above median its 10-year median of 39.22 and 50.8% above the Software industry median of 40.45. PT Goto Gojek Tokopedia Tbk's overall GF Score™ is 73/100 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 Goto Gojek Tokopedia Tbk (ISX:GOTO), the current Gross Margin % is 61.01% 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 Goto Gojek Tokopedia Tbk (ISX:GOTO) Overvalued in 2026?
Based on GuruFocus' analysis, PT Goto Gojek Tokopedia Tbk stock appears to be undervalued.
The current stock price of Rp50.00 is trading 41.1% below its estimated GF Value™ of Rp84.88.
GuruFocus considers PT Goto Gojek Tokopedia Tbk to be Possible Value Trap.
Key valuation signals for ISX:GOTO:
Gross Margin %: 61.01% (56% above median its 10-year median of 39.22)
GF Value™: Rp84.88 vs. price of Rp50.00 (41.1% below fair value)
Industry Position: 50.8% above the Software median (#826 of 2680)
No single metric tells the full story. See the ISX:GOTO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
GoTo is an Indonesian ecosystem that combines ride-hailing, delivery, and financial services under one app. The company operates primarily in Indonesia and is the product of a merger between Gojek and Tokopedia in May 2021, but recently divested the e-commerce business into a combined entity with TikTok Indonesia in 2024. Looking ahead, we expect the financial services business to account for the majority of revenue while its on-demand business begins to become less of a priority. Prior to the deconsolidation, 82% of nonfinancial services' gross transactional value came from e-commerce, and the firm will begin to expand into financial services such as providing loans and buy-now, pay-later programs. The company competes with Grab in the ride-hailing and delivery business.
73GF Score
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