PT Multi Spunindo Jaya TbkISX:MSJA -1.92%36 Gross Margin % is 16.08% as of Mar. 2026, which is 25% below its 10-year median of 21.33. GuruFocus rates ISX:MSJA with a GF Score™ of 36/100. The stock has 4 warning signs investors should review. Among 1,020 Manufacturing - Apparel & Accessories companies, PT Multi Spunindo Jaya Tbk ranks worse than 66.57% on this metric.
ISX:MSJA's Gross Margin % is ranked worse than 66.57% of 1020
companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 28.51
vs ISX:MSJA: 18.90
PT Multi Spunindo Jaya Tbk had a gross margin of 16.08% for the quarter that ended in Mar. 2026 => No sustainable competitive advantage
PT Multi Spunindo Jaya Tbk (ISX:MSJA) 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 Multi Spunindo Jaya Tbk had a gross margin of 16.08% 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 Multi Spunindo Jaya Tbk Gross Margin % Related Terms
PT Multi Spunindo Jaya 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.
PT Multi Spunindo Jaya Tbk Gross Margin % Competitor Comparison
For the Textile Manufacturing subindustry, PT Multi Spunindo Jaya 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 Multi Spunindo Jaya Tbk Gross Margin % vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, PT Multi Spunindo Jaya Tbk's Gross Margin % distribution charts can be found below:
* The bar in red indicates where PT Multi Spunindo Jaya 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 Multi Spunindo Jaya Tbk (ISX:MSJA) has a Gross Margin % of 16.08% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on PT Multi Spunindo Jaya Tbk and its competitors. This is 25% below median its historical median of 21.33. Over the past decade, PT Multi Spunindo Jaya Tbk's Gross Margin % has ranged from 18.34 to 29.51. According to the industry distribution chart, PT Multi Spunindo Jaya Tbk ranks #679 out of 1020 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 66.6%.
Is PT Multi Spunindo Jaya Tbk's Gross Margin % too high?
PT Multi Spunindo Jaya Tbk's current Gross Margin % of 16.08% is 25% below median its 10-year median of 21.33. Over the past 10 years, this metric has ranged from a low of 18.34 to a high of 29.51. The Manufacturing - Apparel & Accessories industry median Gross Margin % is 28.51. PT Multi Spunindo Jaya Tbk's value of 16.08% is 43.6% below this industry median. Based on the distribution chart, PT Multi Spunindo Jaya Tbk ranks #679 out of 1020 companies in the Manufacturing - Apparel & Accessories industry, which is below the industry midpoint. Overall, PT Multi Spunindo Jaya Tbk has a GF Score™ of 36/100, reflecting its overall financial health beyond just this single metric.
How does PT Multi Spunindo Jaya Tbk's Gross Margin % compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, PT Multi Spunindo Jaya Tbk ranks #679 out of 1020 companies for Gross Margin %. This places PT Multi Spunindo Jaya Tbk in the lower half of its industry. The industry median Gross Margin % is 28.51. PT Multi Spunindo Jaya Tbk's value of 16.08% is 43.6% below this benchmark. Historically, PT Multi Spunindo Jaya Tbk's own Gross Margin % has ranged from 18.34 to 29.51 over the past decade. While the company's 10-year median is 21.33 vs. the industry median of 28.51, PT Multi Spunindo Jaya 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 Manufacturing - Apparel & Accessories company?
The median Gross Margin % among Manufacturing - Apparel & Accessories companies is 28.51, based on 1,020 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 Multi Spunindo Jaya Tbk's current Gross Margin % of 16.08% is 43.6% 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 Multi Spunindo Jaya Tbk and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Gross Margin % is 28.51 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT Multi Spunindo Jaya Tbk's current Gross Margin % is 16.08%, which is 25% below median its own 10-year median of 21.33. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Multi Spunindo Jaya Tbk stock overvalued right now?
PT Multi Spunindo Jaya Tbk (ISX:MSJA) has a current Gross Margin % of 16.08%. The current Gross Margin % is 16.08%, which is 25% below median its 10-year median of 21.33 and 43.6% below the Manufacturing - Apparel & Accessories industry median of 28.51. PT Multi Spunindo Jaya Tbk's overall GF Score™ is 36/100 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 Multi Spunindo Jaya Tbk (ISX:MSJA), the current Gross Margin % is 16.08% 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.
PT Multi Spunindo Jaya Tbk is engaged in nonwoven industry on a business to business (B2B) basis. It produces nonwoven sheet products which are then used as a raw material for finished products in various sectors starting from the health sector (sanitary napkins, diapers, masks, and others) to the construction and agricultural sectors. It has two segments Local and Export. Geographically, it operates in Indonesia.
36GF Score
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