PT Ultrajaya Milk Industry & Trading Co Tbk (ISX:ULTJ) Gross Margin %: 34.14% (As of Mar. 2026) — Near Median


ISX:ULTJ PT Ultrajaya Milk Industry & Trading Co Tbk ISX:ULTJ
99 GF Score
Price Rp1,315.00
GF Value Rp1,873.33
Valuation Significantly Undervalued
! 3 Warning Signs
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What is PT Ultrajaya Milk Industry & Trading Co Tbk Gross Margin %?

PT Ultrajaya Milk Industry & Trading Co Tbk ISX:ULTJ -1.13% 99 Gross Margin % is 34.14% as of Mar. 2026, which is 3% below its 10-year median of 35.30. GuruFocus rates ISX:ULTJ with a GF Score™ of 99/100 and a GF Value™ of Rp1,873.33 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 115 Beverages - Non-Alcoholic companies, PT Ultrajaya Milk Industry & Trading Co Tbk ranks worse than 69.57% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. PT Ultrajaya Milk Industry & Trading Co Tbk's Gross Profit for the three months ended in Mar. 2026 was Rp950,004 Mil. PT Ultrajaya Milk Industry & Trading Co Tbk's Revenue for the three months ended in Mar. 2026 was Rp2,783,041 Mil. Therefore, PT Ultrajaya Milk Industry & Trading Co Tbk's Gross Margin % for the quarter that ended in Mar. 2026 was 34.14%.

Warning Sign:

PT Ultrajaya Milk Industry & Trading Co Tbk gross margin has been in long-term decline. The average rate of decline per year is -2.3%.


The historical rank and industry rank for PT Ultrajaya Milk Industry & Trading Co Tbk's Gross Margin % or its related term are showing as below:

ISX:ULTJ' s Gross Margin % Range Over the Past 10 Years
Min: 32.09   Med: 35.3   Max: 37.63
Current: 32.66


During the past 13 years, the highest Gross Margin % of PT Ultrajaya Milk Industry & Trading Co Tbk was 37.63%. The lowest was 32.09%. And the median was 35.30%.

ISX:ULTJ's Gross Margin % is ranked worse than
69.57% of 115 companies
in the Beverages - Non-Alcoholic industry
Industry Median: 38.43 vs ISX:ULTJ: 32.66

PT Ultrajaya Milk Industry & Trading Co Tbk had a gross margin of 34.14% for the quarter that ended in Mar. 2026 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for PT Ultrajaya Milk Industry & Trading Co Tbk was -2.30% per year.


PT Ultrajaya Milk Industry & Trading Co Tbk  (ISX:ULTJ) 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 Ultrajaya Milk Industry & Trading Co Tbk had a gross margin of 34.14% 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 Ultrajaya Milk Industry & Trading Co Tbk Gross Margin % Related Terms


PT Ultrajaya Milk Industry & Trading Co Tbk Gross Margin % Historical Data

* Premium members only.

The historical data trend for PT Ultrajaya Milk Industry & Trading Co 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 Ultrajaya Milk Industry & Trading Co Tbk Gross Margin % Chart

PT Ultrajaya Milk Industry & Trading Co 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 35.89 32.09 32.42 34.05 32.73

PT Ultrajaya Milk Industry & Trading Co 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 34.70 32.11 31.87 32.11 34.14

ISX:ULTJ vs KO, PEP, MNST: Gross Margin % Comparison

For the Beverages - Non-Alcoholic subindustry, PT Ultrajaya Milk Industry & Trading Co 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 Ultrajaya Milk Industry & Trading Co Tbk Gross Margin % vs Beverages - Non-Alcoholic Industry

For the Beverages - Non-Alcoholic industry and Consumer Defensive sector, PT Ultrajaya Milk Industry & Trading Co Tbk's Gross Margin % distribution charts can be found below:

* The bar in red indicates where PT Ultrajaya Milk Industry & Trading Co Tbk's Gross Margin % falls into.


ISX:ULTJ
99GF Score
PT Ultrajaya Milk Industry & Trading Co Tbk ISX:ULTJ
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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PT Ultrajaya Milk Industry & Trading Co Tbk Gross Margin % Calculation

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

PT Ultrajaya Milk Industry & Trading Co 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 )
=2869311 / 8767854
=(Revenue - Cost of Goods Sold) / Revenue
=(8767854 - 5898543) / 8767854
=32.73 %

PT Ultrajaya Milk Industry & Trading Co 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 )
=950004 / 2783041
=(Revenue - Cost of Goods Sold) / Revenue
=(2783041 - 1833037) / 2783041
=34.14 %

* 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 34.14% mean?
PT Ultrajaya Milk Industry & Trading Co Tbk (ISX:ULTJ) has a Gross Margin % of 34.14% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on PT Ultrajaya Milk Industry & Trading Co Tbk and its competitors. This is near median its historical median of 35.30. Over the past decade, PT Ultrajaya Milk Industry & Trading Co Tbk's Gross Margin % has ranged from 32.09 to 37.63. According to the industry distribution chart, PT Ultrajaya Milk Industry & Trading Co Tbk ranks #80 out of 115 companies in the Beverages - Non-Alcoholic industry, placing it in the top 69.6%.
Is PT Ultrajaya Milk Industry & Trading Co Tbk's Gross Margin % too high?
PT Ultrajaya Milk Industry & Trading Co Tbk's current Gross Margin % of 34.14% is near median its 10-year median of 35.30. Over the past 10 years, this metric has ranged from a low of 32.09 to a high of 37.63. The Beverages - Non-Alcoholic industry median Gross Margin % is 38.43. PT Ultrajaya Milk Industry & Trading Co Tbk's value of 34.14% is 11.2% below this industry median. Based on the distribution chart, PT Ultrajaya Milk Industry & Trading Co Tbk ranks #80 out of 115 companies in the Beverages - Non-Alcoholic industry, which is below the industry midpoint. Overall, PT Ultrajaya Milk Industry & Trading Co Tbk has a GF Score™ of 99/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does PT Ultrajaya Milk Industry & Trading Co Tbk's Gross Margin % compare to KO and PEP?
According to the Beverages - Non-Alcoholic industry distribution chart, PT Ultrajaya Milk Industry & Trading Co Tbk ranks #80 out of 115 companies for Gross Margin %. This places PT Ultrajaya Milk Industry & Trading Co Tbk in the lower half of its industry. The industry median Gross Margin % is 38.43. PT Ultrajaya Milk Industry & Trading Co Tbk's value of 34.14% is 11.2% below this benchmark. Historically, PT Ultrajaya Milk Industry & Trading Co Tbk's own Gross Margin % has ranged from 32.09 to 37.63 over the past decade. While the company's 10-year median is 35.30 vs. the industry median of 38.43, PT Ultrajaya Milk Industry & Trading Co 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 Beverages - Non-Alcoholic company?
The median Gross Margin % among Beverages - Non-Alcoholic companies is 38.43, based on 115 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 Ultrajaya Milk Industry & Trading Co Tbk's current Gross Margin % of 34.14% is 11.2% 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 Ultrajaya Milk Industry & Trading Co Tbk and its competitors. For the Beverages - Non-Alcoholic industry, the median Gross Margin % is 38.43 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT Ultrajaya Milk Industry & Trading Co Tbk's current Gross Margin % is 34.14%, which is near median its own 10-year median of 35.30. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Ultrajaya Milk Industry & Trading Co Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Ultrajaya Milk Industry & Trading Co Tbk (ISX:ULTJ) is currently considered Significantly Undervalued. The stock's GF Value™ is Rp1,873.33, compared to a current price of Rp1,315.00 — trading 29.8% below its estimated fair value. The current Gross Margin % is 34.14%, which is near median its 10-year median of 35.30 and 11.2% below the Beverages - Non-Alcoholic industry median of 38.43. PT Ultrajaya Milk Industry & Trading Co Tbk's overall GF Score™ is 99/100 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 Ultrajaya Milk Industry & Trading Co Tbk (ISX:ULTJ), the current Gross Margin % is 34.14% 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 Ultrajaya Milk Industry & Trading Co Tbk (ISX:ULTJ) Overvalued in 2026?

Based on GuruFocus' analysis, PT Ultrajaya Milk Industry & Trading Co Tbk stock appears to be undervalued. The current stock price of Rp1,315.00 is trading 29.8% below its estimated GF Value™ of Rp1,873.33. GuruFocus considers PT Ultrajaya Milk Industry & Trading Co Tbk to be Significantly Undervalued.

Key valuation signals for ISX:ULTJ:

  • Gross Margin %: 34.14% (near median its 10-year median of 35.30)
  • GF Value™: Rp1,873.33 vs. price of Rp1,315.00 (29.8% below fair value)
  • GF Score™: 99/100 with 3 warning signs
  • Industry Position: 11.2% below the Beverages - Non-Alcoholic median (#80 of 115)

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


PT Ultrajaya Milk Industry & Trading Co Tbk Business Description

Address Jalan Raya Cimareme 131, Padalarang, Kabupaten Bandung Barat, West Java, Bandung, IDN, 40552
PT Ultrajaya Milk Industry & Trading Co Tbk is in the business of producing dairy products, beverages, and healthy drink products with ultra-high temperature technology and aseptic packaging. Its products are Freshmilk, Tea drink, Health drinks, Sweetened condensed creamer, and others. The company operates in two operating segments: Beverages and Food. It derives the majority of its revenues from the Beverages segment.
99GF Score

Get the complete analysis for ISX:ULTJ

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

Rp1,315.00
Price
Rp1,873.33
GF Value