PT Suparma Tbk (ISX:SPMA) Gross Margin %: 14.49% (As of Mar. 2026) — Near Median


ISX:SPMA PT Suparma Tbk ISX:SPMA
78 GF Score
Price Rp206.00
GF Value Rp239.19
Valuation Modestly Undervalued
! 6 Warning Signs
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What is PT Suparma Tbk Gross Margin %?

PT Suparma Tbk ISX:SPMA +0.98% 78 Gross Margin % is 14.49% as of Mar. 2026, which is 9% below its 10-year median of 15.85. GuruFocus rates ISX:SPMA with a GF Score™ of 78/100 and a GF Value™ of Rp239.19 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 279 Forest Products companies, PT Suparma Tbk ranks worse than 60.93% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. PT Suparma Tbk's Gross Profit for the three months ended in Mar. 2026 was Rp94,642 Mil. PT Suparma Tbk's Revenue for the three months ended in Mar. 2026 was Rp653,027 Mil. Therefore, PT Suparma Tbk's Gross Margin % for the quarter that ended in Mar. 2026 was 14.49%.

Warning Sign:

PT Suparma Tbk gross margin has been in long-term decline. The average rate of decline per year is -5.5%.


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

ISX:SPMA' s Gross Margin % Range Over the Past 10 Years
Min: 14.91   Med: 15.85   Max: 22.9
Current: 15.36


During the past 9 years, the highest Gross Margin % of PT Suparma Tbk was 22.90%. The lowest was 14.91%. And the median was 15.85%.

ISX:SPMA's Gross Margin % is ranked worse than
60.93% of 279 companies
in the Forest Products industry
Industry Median: 19.05 vs ISX:SPMA: 15.36

PT Suparma Tbk had a gross margin of 14.49% for the quarter that ended in Mar. 2026 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for PT Suparma Tbk was -5.50% per year.


PT Suparma Tbk  (ISX:SPMA) 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 Suparma Tbk had a gross margin of 14.49% 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 Suparma Tbk Gross Margin % Related Terms


PT Suparma Tbk Gross Margin % Historical Data

* Premium members only.

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

PT Suparma Tbk Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Gross Margin %
Get a 7-Day Free Trial Premium Member Only 21.08 22.90 17.70 15.12 15.85

PT Suparma 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 16.58 14.88 15.92 16.01 14.49

ISX:SPMA vs SLVM: Gross Margin % Comparison

For the Paper & Paper Products subindustry, PT Suparma 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 Suparma Tbk Gross Margin % vs Forest Products Industry

For the Forest Products industry and Basic Materials sector, PT Suparma Tbk's Gross Margin % distribution charts can be found below:

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


ISX:SPMA
78GF Score
PT Suparma Tbk ISX:SPMA
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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PT Suparma Tbk Gross Margin % Calculation

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

PT Suparma 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 )
=434434.7 / 2740741.576
=(Revenue - Cost of Goods Sold) / Revenue
=(2740741.576 - 2306306.861) / 2740741.576
=15.85 %

PT Suparma 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 )
=94641.6 / 653027.489
=(Revenue - Cost of Goods Sold) / Revenue
=(653027.489 - 558385.887) / 653027.489
=14.49 %

* 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 14.49% mean?
PT Suparma Tbk (ISX:SPMA) has a Gross Margin % of 14.49% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on PT Suparma Tbk and its competitors. This is near median its historical median of 15.85. Over the past decade, PT Suparma Tbk's Gross Margin % has ranged from 14.91 to 22.90. According to the industry distribution chart, PT Suparma Tbk ranks #170 out of 279 companies in the Forest Products industry, placing it in the top 60.9%.
Is PT Suparma Tbk's Gross Margin % too high?
PT Suparma Tbk's current Gross Margin % of 14.49% is near median its 10-year median of 15.85. Over the past 10 years, this metric has ranged from a low of 14.91 to a high of 22.90. The Forest Products industry median Gross Margin % is 19.05. PT Suparma Tbk's value of 14.49% is 23.9% below this industry median. Based on the distribution chart, PT Suparma Tbk ranks #170 out of 279 companies in the Forest Products industry, which is below the industry midpoint. Overall, PT Suparma Tbk has a GF Score™ of 78/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does PT Suparma Tbk's Gross Margin % compare to SLVM?
According to the Forest Products industry distribution chart, PT Suparma Tbk ranks #170 out of 279 companies for Gross Margin %. This places PT Suparma Tbk in the lower half of its industry. The industry median Gross Margin % is 19.05. PT Suparma Tbk's value of 14.49% is 23.9% below this benchmark. Historically, PT Suparma Tbk's own Gross Margin % has ranged from 14.91 to 22.90 over the past decade. While the company's 10-year median is 15.85 vs. the industry median of 19.05, PT Suparma 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 Forest Products company?
The median Gross Margin % among Forest Products companies is 19.05, based on 279 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 Suparma Tbk's current Gross Margin % of 14.49% is 23.9% 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 Suparma Tbk and its competitors. For the Forest Products industry, the median Gross Margin % is 19.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT Suparma Tbk's current Gross Margin % is 14.49%, which is near median its own 10-year median of 15.85. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Suparma Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Suparma Tbk (ISX:SPMA) is currently considered Modestly Undervalued. The stock's GF Value™ is Rp239.19, compared to a current price of Rp206.00 — trading 13.9% below its estimated fair value. The current Gross Margin % is 14.49%, which is near median its 10-year median of 15.85 and 23.9% below the Forest Products industry median of 19.05. PT Suparma Tbk's overall GF Score™ is 78/100 with 6 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 Suparma Tbk (ISX:SPMA), the current Gross Margin % is 14.49% 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 Suparma Tbk (ISX:SPMA) Overvalued in 2026?

Based on GuruFocus' analysis, PT Suparma Tbk stock appears to be undervalued. The current stock price of Rp206.00 is trading 13.9% below its estimated GF Value™ of Rp239.19. GuruFocus considers PT Suparma Tbk to be Modestly Undervalued.

Key valuation signals for ISX:SPMA:

  • Gross Margin %: 14.49% (near median its 10-year median of 15.85)
  • GF Value™: Rp239.19 vs. price of Rp206.00 (13.9% below fair value)
  • GF Score™: 78/100 with 6 warning signs
  • Industry Position: 23.9% below the Forest Products median (#170 of 279)

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


PT Suparma Tbk Business Description

Address Jalan Raya Mastrip, No. 856 Warugunung, Karangpilang, East Java, Surabaya, IDN, 60221
PT Suparma Tbk is an Indonesia-based company that manufactures paper and paper products. The group manufactured paper and paper wrapping products for the industrial and consumer sectors. The firm offers Laminated Wrapping Kraft, Samson Kraft, MG Paper, Coated Duplex Board, Bathroom Tissue, Carrier Tissue, Industrial Roll Towel, Kitchen Towel, and Other products. Geographically, the firm generates the majority of its revenue from the local market.
78GF Score

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

Rp206.00
Price
Rp239.19
GF Value