PT Jasa Armada Indonesia Tbk (ISX:IPCM) Gross Margin %: 27.39% (As of Mar. 2026) — 12% Below Median


ISX:IPCM PT Jasa Armada Indonesia Tbk ISX:IPCM
94 GF Score
Price Rp328.00
GF Value Rp349.85
Valuation Fairly Valued
! 4 Warning Signs
View Full Analysis

What is PT Jasa Armada Indonesia Tbk Gross Margin %?

PT Jasa Armada Indonesia Tbk ISX:IPCM 94 Gross Margin % is 27.39% as of Mar. 2026, which is 12% below its 10-year median of 30.98. GuruFocus rates ISX:IPCM with a GF Score™ of 94/100 and a GF Value™ of Rp349.85 (Fairly Valued). The stock has 4 warning signs investors should review. Among 977 Transportation companies, PT Jasa Armada Indonesia Tbk ranks better than 67.76% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. PT Jasa Armada Indonesia Tbk's Gross Profit for the three months ended in Mar. 2026 was Rp95,103 Mil. PT Jasa Armada Indonesia Tbk's Revenue for the three months ended in Mar. 2026 was Rp347,222 Mil. Therefore, PT Jasa Armada Indonesia Tbk's Gross Margin % for the quarter that ended in Mar. 2026 was 27.39%.

Warning Sign:

PT Jasa Armada Indonesia Tbk gross margin has been in long-term decline. The average rate of decline per year is -1.2%.


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

ISX:IPCM' s Gross Margin % Range Over the Past 10 Years
Min: 27.44   Med: 30.98   Max: 33.14
Current: 29.27


During the past 10 years, the highest Gross Margin % of PT Jasa Armada Indonesia Tbk was 33.14%. The lowest was 27.44%. And the median was 30.98%.

ISX:IPCM's Gross Margin % is ranked better than
67.76% of 977 companies
in the Transportation industry
Industry Median: 20.42 vs ISX:IPCM: 29.27

PT Jasa Armada Indonesia Tbk had a gross margin of 27.39% for the quarter that ended in Mar. 2026 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for PT Jasa Armada Indonesia Tbk was -1.20% per year.


PT Jasa Armada Indonesia Tbk  (ISX:IPCM) 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 Jasa Armada Indonesia Tbk had a gross margin of 27.39% for the quarter that ended in Mar. 2026 => Competition eroding margins


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 Jasa Armada Indonesia Tbk Gross Margin % Related Terms


PT Jasa Armada Indonesia Tbk Gross Margin % Historical Data

* Premium members only.

The historical data trend for PT Jasa Armada Indonesia 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 Jasa Armada Indonesia Tbk Gross Margin % Chart

PT Jasa Armada Indonesia 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 30.22 30.87 31.70 31.09 29.14

PT Jasa Armada Indonesia 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 26.92 18.01 28.68 42.14 27.39

PT Jasa Armada Indonesia Tbk Gross Margin % Competitor Comparison

For the Marine Shipping subindustry, PT Jasa Armada Indonesia 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 Jasa Armada Indonesia Tbk Gross Margin % vs Transportation Industry

For the Transportation industry and Industrials sector, PT Jasa Armada Indonesia Tbk's Gross Margin % distribution charts can be found below:

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


ISX:IPCM
94GF Score
PT Jasa Armada Indonesia Tbk ISX:IPCM
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

PT Jasa Armada Indonesia Tbk Gross Margin % Calculation

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

PT Jasa Armada Indonesia 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 )
=429790.5 / 1474807.574
=(Revenue - Cost of Goods Sold) / Revenue
=(1474807.574 - 1045017.043) / 1474807.574
=29.14 %

PT Jasa Armada Indonesia 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 )
=95102.5 / 347222.264
=(Revenue - Cost of Goods Sold) / Revenue
=(347222.264 - 252119.719) / 347222.264
=27.39 %

* 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 27.39% mean?
PT Jasa Armada Indonesia Tbk (ISX:IPCM) has a Gross Margin % of 27.39% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on PT Jasa Armada Indonesia Tbk and its competitors. This is 12% below median its historical median of 30.98. Over the past decade, PT Jasa Armada Indonesia Tbk's Gross Margin % has ranged from 27.44 to 33.14. According to the industry distribution chart, PT Jasa Armada Indonesia Tbk ranks #315 out of 977 companies in the Transportation industry, placing it in the top 32.2%.
Is PT Jasa Armada Indonesia Tbk's Gross Margin % too high?
PT Jasa Armada Indonesia Tbk's current Gross Margin % of 27.39% is 12% below median its 10-year median of 30.98. Over the past 10 years, this metric has ranged from a low of 27.44 to a high of 33.14. The Transportation industry median Gross Margin % is 20.42. PT Jasa Armada Indonesia Tbk's value of 27.39% is 34.1% above this industry median. Based on the distribution chart, PT Jasa Armada Indonesia Tbk ranks #315 out of 977 companies in the Transportation industry, which is above the industry midpoint. Overall, PT Jasa Armada Indonesia 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 Jasa Armada Indonesia Tbk's Gross Margin % compare to competitors?
According to the Transportation industry distribution chart, PT Jasa Armada Indonesia Tbk ranks #315 out of 977 companies for Gross Margin %. This puts PT Jasa Armada Indonesia Tbk in the upper half of its industry. The industry median Gross Margin % is 20.42. PT Jasa Armada Indonesia Tbk's value of 27.39% is 34.1% above this benchmark. Historically, PT Jasa Armada Indonesia Tbk's own Gross Margin % has ranged from 27.44 to 33.14 over the past decade. While the company's 10-year median is 30.98 vs. the industry median of 20.42, PT Jasa Armada Indonesia 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 Transportation company?
The median Gross Margin % among Transportation companies is 20.42, based on 977 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 Jasa Armada Indonesia Tbk's current Gross Margin % of 27.39% is 34.1% 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 Jasa Armada Indonesia Tbk and its competitors. For the Transportation industry, the median Gross Margin % is 20.42 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT Jasa Armada Indonesia Tbk's current Gross Margin % is 27.39%, which is 12% below median its own 10-year median of 30.98. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Jasa Armada Indonesia Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Jasa Armada Indonesia Tbk (ISX:IPCM) is currently considered Fairly Valued. The stock's GF Value™ is Rp349.85, compared to a current price of Rp328.00 — trading 6.2% below its estimated fair value. The current Gross Margin % is 27.39%, which is 12% below median its 10-year median of 30.98 and 34.1% above the Transportation industry median of 20.42. PT Jasa Armada Indonesia Tbk's overall GF Score™ is 94/100 with 4 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 Jasa Armada Indonesia Tbk (ISX:IPCM), the current Gross Margin % is 27.39% 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 Jasa Armada Indonesia Tbk (ISX:IPCM) Overvalued in 2026?

Based on GuruFocus' analysis, PT Jasa Armada Indonesia Tbk stock appears to be undervalued. The current stock price of Rp328.00 is trading 6.2% below its estimated GF Value™ of Rp349.85. GuruFocus considers PT Jasa Armada Indonesia Tbk to be Fairly Valued.

Key valuation signals for ISX:IPCM:

  • Gross Margin %: 27.39% (12% below median its 10-year median of 30.98)
  • GF Value™: Rp349.85 vs. price of Rp328.00 (6.2% below fair value)
  • GF Score™: 94/100 with 4 warning signs
  • Industry Position: 34.1% above the Transportation median (#315 of 977)

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


PT Jasa Armada Indonesia Tbk Business Description

Address Jalan Yos Sudarso No. 9, Pelindo Tower, 8th & 9th Floor, Rawa Badak Utara, Koja, North Jakarta, Jakarta, IDN, 14230
PT Jasa Armada Indonesia Tbk is engaged in pilotage and towage services for container vessels, dry and liquid bulk, inland waterways, and offshore STS. The company also provides fleet maintenance services. The company's operating segments are Vessel Services, and Freight Services & Other Services. The company generates maximum revenue from the Vessel services segment.
94GF Score

Get the complete analysis for ISX:IPCM

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

Rp328.00
Price
Rp349.85
GF Value