PT Trimegah Bangun Persada Tbk (ISX:NCKL) Gross Margin %: 20.09% (As of Mar. 2026) — 58% Below Median

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ISX:NCKL PT Trimegah Bangun Persada Tbk ISX:NCKL
97 GF Score
Price Rp810.00
GF Value Rp1,204.25
Valuation Significantly Undervalued
! 3 Warning Signs
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What is PT Trimegah Bangun Persada Tbk Gross Margin %?

PT Trimegah Bangun Persada Tbk ISX:NCKL +1.89% 97 Gross Margin % is 20.09% as of Mar. 2026, which is 58% below its 10-year median of 48.07. GuruFocus rates ISX:NCKL with a GF Score™ of 97/100 and a GF Value™ of Rp1,204.25 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 731 Metals & Mining companies, PT Trimegah Bangun Persada Tbk ranks better than 55.13% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. PT Trimegah Bangun Persada Tbk's Gross Profit for the three months ended in Mar. 2026 was Rp1,368,059 Mil. PT Trimegah Bangun Persada Tbk's Revenue for the three months ended in Mar. 2026 was Rp6,809,824 Mil. Therefore, PT Trimegah Bangun Persada Tbk's Gross Margin % for the quarter that ended in Mar. 2026 was 20.09%.

Warning Sign:

PT Trimegah Bangun Persada Tbk gross margin has been in long-term decline. The average rate of decline per year is -10.7%.


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

ISX:NCKL' s Gross Margin % Range Over the Past 10 Years
Min: 30.56   Med: 48.07   Max: 54.85
Current: 30.56


During the past 7 years, the highest Gross Margin % of PT Trimegah Bangun Persada Tbk was 54.85%. The lowest was 30.56%. And the median was 48.07%.

ISX:NCKL's Gross Margin % is ranked better than
55.13% of 731 companies
in the Metals & Mining industry
Industry Median: 26.2 vs ISX:NCKL: 30.56

PT Trimegah Bangun Persada Tbk had a gross margin of 20.09% for the quarter that ended in Mar. 2026 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for PT Trimegah Bangun Persada Tbk was -10.70% per year.


PT Trimegah Bangun Persada Tbk  (ISX:NCKL) 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 Trimegah Bangun Persada Tbk had a gross margin of 20.09% 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 Trimegah Bangun Persada Tbk Gross Margin % Related Terms


PT Trimegah Bangun Persada Tbk Gross Margin % Historical Data

* Premium members only.

The historical data trend for PT Trimegah Bangun Persada 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 Trimegah Bangun Persada Tbk Gross Margin % Chart

PT Trimegah Bangun Persada Tbk Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Gross Margin %
Get a 7-Day Free Trial 54.85 48.86 34.69 31.33 32.70

PT Trimegah Bangun Persada Tbk Quarterly Data
Dec19 Dec20 Dec21 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 29.48 37.87 31.71 32.04 20.09

PT Trimegah Bangun Persada Tbk Gross Margin % Competitor Comparison

For the Other Industrial Metals & Mining subindustry, PT Trimegah Bangun Persada 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 Trimegah Bangun Persada Tbk Gross Margin % vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, PT Trimegah Bangun Persada Tbk's Gross Margin % distribution charts can be found below:

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


ISX:NCKL
97GF Score
PT Trimegah Bangun Persada Tbk ISX:NCKL
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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PT Trimegah Bangun Persada Tbk Gross Margin % Calculation

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

PT Trimegah Bangun Persada 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 )
=9691398 / 29632799
=(Revenue - Cost of Goods Sold) / Revenue
=(29632799 - 19941401) / 29632799
=32.70 %

PT Trimegah Bangun Persada 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 )
=1368059 / 6809824
=(Revenue - Cost of Goods Sold) / Revenue
=(6809824 - 5441765) / 6809824
=20.09 %

* 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 20.09% mean?
PT Trimegah Bangun Persada Tbk (ISX:NCKL) has a Gross Margin % of 20.09% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on PT Trimegah Bangun Persada Tbk and its competitors. This is 58% below median its historical median of 48.07. Over the past decade, PT Trimegah Bangun Persada Tbk's Gross Margin % has ranged from 30.56 to 54.85. According to the industry distribution chart, PT Trimegah Bangun Persada Tbk ranks #328 out of 731 companies in the Metals & Mining industry, placing it in the top 44.9%.
Is PT Trimegah Bangun Persada Tbk's Gross Margin % too high?
PT Trimegah Bangun Persada Tbk's current Gross Margin % of 20.09% is 58% below median its 10-year median of 48.07. Over the past 10 years, this metric has ranged from a low of 30.56 to a high of 54.85. The Metals & Mining industry median Gross Margin % is 26.20. PT Trimegah Bangun Persada Tbk's value of 20.09% is 23.3% below this industry median. Based on the distribution chart, PT Trimegah Bangun Persada Tbk ranks #328 out of 731 companies in the Metals & Mining industry, which is above the industry midpoint. Overall, PT Trimegah Bangun Persada Tbk has a GF Score™ of 97/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does PT Trimegah Bangun Persada Tbk's Gross Margin % compare to competitors?
According to the Metals & Mining industry distribution chart, PT Trimegah Bangun Persada Tbk ranks #328 out of 731 companies for Gross Margin %. This puts PT Trimegah Bangun Persada Tbk in the upper half of its industry. The industry median Gross Margin % is 26.20. PT Trimegah Bangun Persada Tbk's value of 20.09% is 23.3% below this benchmark. Historically, PT Trimegah Bangun Persada Tbk's own Gross Margin % has ranged from 30.56 to 54.85 over the past decade. While the company's 10-year median is 48.07 vs. the industry median of 26.20, PT Trimegah Bangun Persada 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 Metals & Mining company?
The median Gross Margin % among Metals & Mining companies is 26.20, based on 731 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 Trimegah Bangun Persada Tbk's current Gross Margin % of 20.09% is 23.3% 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 Trimegah Bangun Persada Tbk and its competitors. For the Metals & Mining industry, the median Gross Margin % is 26.20 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT Trimegah Bangun Persada Tbk's current Gross Margin % is 20.09%, which is 58% below median its own 10-year median of 48.07. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Trimegah Bangun Persada Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Trimegah Bangun Persada Tbk (ISX:NCKL) is currently considered Significantly Undervalued. The stock's GF Value™ is Rp1,204.25, compared to a current price of Rp810.00 — trading 32.7% below its estimated fair value. The current Gross Margin % is 20.09%, which is 58% below median its 10-year median of 48.07 and 23.3% below the Metals & Mining industry median of 26.20. PT Trimegah Bangun Persada Tbk's overall GF Score™ is 97/100 with 3 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 Trimegah Bangun Persada Tbk (ISX:NCKL), the current Gross Margin % is 20.09% 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 Trimegah Bangun Persada Tbk (ISX:NCKL) Overvalued in 2026?

Based on GuruFocus' analysis, PT Trimegah Bangun Persada Tbk stock appears to be undervalued. The current stock price of Rp810.00 is trading 32.7% below its estimated GF Value™ of Rp1,204.25. GuruFocus considers PT Trimegah Bangun Persada Tbk to be Significantly Undervalued.

Key valuation signals for ISX:NCKL:

  • Gross Margin %: 20.09% (58% below median its 10-year median of 48.07)
  • GF Value™: Rp1,204.25 vs. price of Rp810.00 (32.7% below fair value)
  • GF Score™: 97/100 with 3 warning signs
  • Industry Position: 23.3% below the Metals & Mining median (#328 of 731)

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


PT Trimegah Bangun Persada Tbk Business Description

Address Jalan Jendral Sudirman Kav. 1, Panin Bank Building, Kelurahan Gelora, Kecamatan Tanah Abang, Jakarta Pusat, IDN, 10270
PT Trimegah Bangun Persada Tbk is an Indonesian nickel producer with upstream and downstream capabilities mainly based on the Obi Islands in North Maluku province. TBP Group is the pure-play nickel producer in Indonesia. Since its establishment, it has gained vital support from controlling owner Harita Jayaraya, part of the Harita Group, a conglomerate with over 100 years of business experience in Indonesia.
97GF Score

Get the complete analysis for ISX:NCKL

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

Rp810.00
Price
Rp1,204.25
GF Value