PT Calculus Global Ventures Tbk (ISX:STAR) Gross Margin %: 52.15% (As of Mar. 2026) — 178% Above Median


ISX:STAR PT Calculus Global Ventures Tbk ISX:STAR
59 GF Score
Price Rp280.00
GF Value Rp111.36
Valuation Significantly Overvalued
! 1 Warning Sign
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What is PT Calculus Global Ventures Tbk Gross Margin %?

PT Calculus Global Ventures Tbk ISX:STAR 59 Gross Margin % is 52.15% as of Mar. 2026, which is 178% above its 10-year median of 18.79. GuruFocus rates ISX:STAR with a GF Score™ of 59/100 and a GF Value™ of Rp111.36 (Significantly Overvalued). The stock has 1 warning sign investors should review. Among 547 Asset Management companies, PT Calculus Global Ventures Tbk ranks worse than 62.34% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. PT Calculus Global Ventures Tbk's Gross Profit for the three months ended in Mar. 2026 was Rp1,318 Mil. PT Calculus Global Ventures Tbk's Revenue for the three months ended in Mar. 2026 was Rp2,527 Mil. Therefore, PT Calculus Global Ventures Tbk's Gross Margin % for the quarter that ended in Mar. 2026 was 52.15%.


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

ISX:STAR' s Gross Margin % Range Over the Past 10 Years
Min: -13.49   Med: 18.79   Max: 45.18
Current: 45.18


During the past 13 years, the highest Gross Margin % of PT Calculus Global Ventures Tbk was 45.18%. The lowest was -13.49%. And the median was 18.79%.

ISX:STAR's Gross Margin % is ranked worse than
62.34% of 547 companies
in the Asset Management industry
Industry Median: 57.53 vs ISX:STAR: 45.18

PT Calculus Global Ventures Tbk had a gross margin of 52.15% for the quarter that ended in Mar. 2026 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for PT Calculus Global Ventures Tbk was 0.00% per year.


PT Calculus Global Ventures Tbk  (ISX:STAR) 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 Calculus Global Ventures Tbk had a gross margin of 52.15% 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 Calculus Global Ventures Tbk Gross Margin % Related Terms


PT Calculus Global Ventures Tbk Gross Margin % Historical Data

* Premium members only.

The historical data trend for PT Calculus Global Ventures 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 Calculus Global Ventures Tbk Gross Margin % Chart

PT Calculus Global Ventures 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 17.51 20.87 12.34 -13.49 33.58

PT Calculus Global Ventures 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 5.37 32.45 35.74 53.62 52.15

ISX:STAR vs BLK, BX, KKR: Gross Margin % Comparison

For the Asset Management subindustry, PT Calculus Global Ventures 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 Calculus Global Ventures Tbk Gross Margin % vs Asset Management Industry

For the Asset Management industry and Financial Services sector, PT Calculus Global Ventures Tbk's Gross Margin % distribution charts can be found below:

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


ISX:STAR
59GF Score
PT Calculus Global Ventures Tbk ISX:STAR
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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PT Calculus Global Ventures Tbk Gross Margin % Calculation

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

PT Calculus Global Ventures 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 )
=2222.5 / 6618.151
=(Revenue - Cost of Goods Sold) / Revenue
=(6618.151 - 4395.671) / 6618.151
=33.58 %

PT Calculus Global Ventures 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 )
=1317.6 / 2526.538
=(Revenue - Cost of Goods Sold) / Revenue
=(2526.538 - 1208.973) / 2526.538
=52.15 %

* 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 52.15% mean?
PT Calculus Global Ventures Tbk (ISX:STAR) has a Gross Margin % of 52.15% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on PT Calculus Global Ventures Tbk and its competitors. This is 178% above median its historical median of 18.79. According to the industry distribution chart, PT Calculus Global Ventures Tbk ranks #341 out of 547 companies in the Asset Management industry, placing it in the top 62.3%.
Is PT Calculus Global Ventures Tbk's Gross Margin % too high?
PT Calculus Global Ventures Tbk's current Gross Margin % of 52.15% is 178% above median its 10-year median of 18.79. The Asset Management industry median Gross Margin % is 57.53. PT Calculus Global Ventures Tbk's value of 52.15% is 9.4% below this industry median. Based on the distribution chart, PT Calculus Global Ventures Tbk ranks #341 out of 547 companies in the Asset Management industry, which is below the industry midpoint. Overall, PT Calculus Global Ventures Tbk has a GF Score™ of 59/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does PT Calculus Global Ventures Tbk's Gross Margin % compare to BLK and BX?
According to the Asset Management industry distribution chart, PT Calculus Global Ventures Tbk ranks #341 out of 547 companies for Gross Margin %. This places PT Calculus Global Ventures Tbk in the lower half of its industry. The industry median Gross Margin % is 57.53. PT Calculus Global Ventures Tbk's value of 52.15% is 9.4% below this benchmark. While the company's 10-year median is 18.79 vs. the industry median of 57.53, PT Calculus Global Ventures 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 an Asset Management company?
The median Gross Margin % among Asset Management companies is 57.53, based on 547 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 Calculus Global Ventures Tbk's current Gross Margin % of 52.15% is 9.4% 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 Calculus Global Ventures Tbk and its competitors. For the Asset Management industry, the median Gross Margin % is 57.53 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT Calculus Global Ventures Tbk's current Gross Margin % is 52.15%, which is 178% above median its own 10-year median of 18.79. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Calculus Global Ventures Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Calculus Global Ventures Tbk (ISX:STAR) is currently considered Significantly Overvalued. The stock's GF Value™ is Rp111.36, compared to a current price of Rp280.00 — trading 151.4% above its estimated fair value. The current Gross Margin % is 52.15%, which is 178% above median its 10-year median of 18.79 and 9.4% below the Asset Management industry median of 57.53. PT Calculus Global Ventures Tbk's overall GF Score™ is 59/100 with 1 warning sign 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 Calculus Global Ventures Tbk (ISX:STAR), the current Gross Margin % is 52.15% 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 Calculus Global Ventures Tbk (ISX:STAR) Overvalued in 2026?

Based on GuruFocus' analysis, PT Calculus Global Ventures Tbk stock appears to be overvalued. The current stock price of Rp280.00 is trading 151.4% above its estimated GF Value™ of Rp111.36. GuruFocus considers PT Calculus Global Ventures Tbk to be Significantly Overvalued.

Key valuation signals for ISX:STAR:

  • Gross Margin %: 52.15% (178% above median its 10-year median of 18.79)
  • GF Value™: Rp111.36 vs. price of Rp280.00 (151.4% above fair value)
  • GF Score™: 59/100 with 1 warning sign
  • Industry Position: 9.4% below the Asset Management median (#341 of 547)

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


PT Calculus Global Ventures Tbk Business Description

Address Jalan MH. Thamrin Number 1, Menara BCA Lot 45, Grand Indonesia, Jakarta Pusat, Jakarta, IDN, 10310
PT Calculus Global Ventures Tbk, formerly known as PT Buana Artha Anugerah Tbk, operates in the business area of investment management, particularly in asset management. The company is engaged in the management consulting business. The products of the company consist of mutual funds includes including foster equity fund, foster fixed income, and foster money market and management of securities portfolio. The company segments consist of investment management services and others.
59GF Score

Get the complete analysis for ISX:STAR

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

Rp280.00
Price
Rp111.36
GF Value