PPAAY (Perusahaan Gas Negara (Persero) Tbk PT) Net Margin %: 9.73% (As of Mar. 2026) — 25% Above Median


PPAAY Perusahaan Gas Negara (Persero) Tbk PT PPAAY
87 GF Score
Price $4.10
GF Value $5.15
Valuation Modestly Undervalued
! 3 Warning Signs
View Full Analysis

What is Perusahaan Gas Negara (Persero) Tbk PT Net Margin %?

Perusahaan Gas Negara (Persero) Tbk PT PPAAY 87 Net Margin % is 9.73% as of Mar. 2026, which is 25% above its 10-year median of 7.76. GuruFocus rates PPAAY with a GF Scoreâ„¢ of 87/100 and a GF Valueâ„¢ of $5.15 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 501 Utilities - Regulated companies, Perusahaan Gas Negara (Persero) Tbk PT ranks worse than 60.68% on this metric.

Net margin is calculated as Net Income divided by its Revenue. Perusahaan Gas Negara (Persero) Tbk PT's Net Income for the three months ended in Mar. 2026 was $90 Mil. Perusahaan Gas Negara (Persero) Tbk PT's Revenue for the three months ended in Mar. 2026 was $930 Mil. Therefore, Perusahaan Gas Negara (Persero) Tbk PT's net margin for the quarter that ended in Mar. 2026 was 9.73%.

The historical rank and industry rank for Perusahaan Gas Negara (Persero) Tbk PT's Net Margin % or its related term are showing as below:

PPAAY' s Net Margin % Range Over the Past 10 Years
Min: -9.18   Med: 7.76   Max: 10.37
Current: 6.18


PPAAY's Net Margin % is ranked worse than
60.68% of 501 companies
in the Utilities - Regulated industry
Industry Median: 8.8 vs PPAAY: 6.18

Perusahaan Gas Negara (Persero) Tbk PT  (OTCPK:PPAAY) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.


Perusahaan Gas Negara (Persero) Tbk PT Net Margin % Related Terms


Perusahaan Gas Negara (Persero) Tbk PT Net Margin % Historical Data

* Premium members only.

The historical data trend for Perusahaan Gas Negara (Persero) Tbk PT's Net 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.

Perusahaan Gas Negara (Persero) Tbk PT Net Margin % Chart

Perusahaan Gas Negara (Persero) Tbk PT Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10.01 9.14 7.63 8.96 5.42

Perusahaan Gas Negara (Persero) Tbk PT Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Net 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 6.42 8.48 9.49 -2.14 9.73

PPAAY vs ATO, NI, UGI: Net Margin % Comparison

For the Utilities - Regulated Gas subindustry, Perusahaan Gas Negara (Persero) Tbk PT's Net Margin %, along with its competitors' market caps and Net 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.


Perusahaan Gas Negara (Persero) Tbk PT Net Margin % vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Perusahaan Gas Negara (Persero) Tbk PT's Net Margin % distribution charts can be found below:

* The bar in red indicates where Perusahaan Gas Negara (Persero) Tbk PT's Net Margin % falls into.


PPAAY
87GF Score
Perusahaan Gas Negara (Persero) Tbk PT PPAAY
Net Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Perusahaan Gas Negara (Persero) Tbk PT Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

Perusahaan Gas Negara (Persero) Tbk PT's Net Margin for the fiscal year that ended in Dec. 2025 is calculated as

Net Margin=Net Income (A: Dec. 2025 )/Revenue (A: Dec. 2025 )
=215.365/3975.918
=5.42 %

Perusahaan Gas Negara (Persero) Tbk PT's Net Margin for the quarter that ended in Mar. 2026 is calculated as

Net Margin=Net Income (Q: Mar. 2026 )/Revenue (Q: Mar. 2026 )
=90.448/929.562
=9.73 %

* 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.

Frequently Asked Questions Learn more about Net Margin % →
What does a Net Margin % of 9.73% mean?
Perusahaan Gas Negara (Persero) Tbk PT (PPAAY) has a Net Margin % of 9.73% as of Mar. 2026. Net margin is the ratio of total net income to net sales. View historical data on Perusahaan Gas Negara (Persero) Tbk PT and its competitors. This is 25% above median its historical median of 7.76. According to the industry distribution chart, Perusahaan Gas Negara (Persero) Tbk PT ranks #304 out of 501 companies in the Utilities - Regulated industry, placing it in the top 60.7%.
Is Perusahaan Gas Negara (Persero) Tbk PT's Net Margin % too high?
Perusahaan Gas Negara (Persero) Tbk PT's current Net Margin % of 9.73% is 25% above median its 10-year median of 7.76. The Utilities - Regulated industry median Net Margin % is 8.80. Perusahaan Gas Negara (Persero) Tbk PT's value of 9.73% is 10.6% above this industry median. Based on the distribution chart, Perusahaan Gas Negara (Persero) Tbk PT ranks #304 out of 501 companies in the Utilities - Regulated industry, which is below the industry midpoint. Overall, Perusahaan Gas Negara (Persero) Tbk PT has a GF Scoreâ„¢ of 87/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Perusahaan Gas Negara (Persero) Tbk PT's Net Margin % compare to ATO and NI?
According to the Utilities - Regulated industry distribution chart, Perusahaan Gas Negara (Persero) Tbk PT ranks #304 out of 501 companies for Net Margin %. This places Perusahaan Gas Negara (Persero) Tbk PT in the lower half of its industry. The industry median Net Margin % is 8.80. Perusahaan Gas Negara (Persero) Tbk PT's value of 9.73% is 10.6% above this benchmark. While the company's 10-year median is 7.76 vs. the industry median of 8.80, Perusahaan Gas Negara (Persero) Tbk PT has consistently been above 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 Net Margin % for an Utilities - Regulated company?
The median Net Margin % among Utilities - Regulated companies is 8.80, based on 501 companies in the industry. Companies in the top quartile (top 25%) have a Net Margin % significantly above this median, while those in the bottom quartile fall well below. However, Net Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Perusahaan Gas Negara (Persero) Tbk PT's current Net Margin % of 9.73% is 10.6% above 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 Net Margin % mean?
A high Net Margin % can signal that a stock is expensive relative to its fundamentals. Net margin is the ratio of total net income to net sales. View historical data on Perusahaan Gas Negara (Persero) Tbk PT and its competitors. For the Utilities - Regulated industry, the median Net Margin % is 8.80 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Perusahaan Gas Negara (Persero) Tbk PT's current Net Margin % is 9.73%, which is 25% above median its own 10-year median of 7.76. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Perusahaan Gas Negara (Persero) Tbk PT stock overvalued right now?
Based on GuruFocus' analysis, Perusahaan Gas Negara (Persero) Tbk PT (PPAAY) is currently considered Modestly Undervalued. The stock's GF Value™ is $5.15, compared to a current price of $4.10 — trading 20.4% below its estimated fair value. The current Net Margin % is 9.73%, which is 25% above median its 10-year median of 7.76 and 10.6% above the Utilities - Regulated industry median of 8.80. Perusahaan Gas Negara (Persero) Tbk PT's overall GF Score™ is 87/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Margin % calculated?
Net Margin % is calculated from a company's financial statements. For Perusahaan Gas Negara (Persero) Tbk PT (PPAAY), the current Net Margin % is 9.73% 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 Perusahaan Gas Negara (Persero) Tbk PT (PPAAY) Overvalued in 2026?

Based on GuruFocus' analysis, Perusahaan Gas Negara (Persero) Tbk PT stock appears to be undervalued. The current stock price of $4.10 is trading 20.4% below its estimated GF Value™ of $5.15. GuruFocus considers Perusahaan Gas Negara (Persero) Tbk PT to be Modestly Undervalued.

Key valuation signals for PPAAY:

  • Net Margin %: 9.73% (25% above median its 10-year median of 7.76)
  • GF Value™: $5.15 vs. price of $4.10 (20.4% below fair value)
  • GF Score™: 87/100 with 3 warning signs
  • Industry Position: 10.6% above the Utilities - Regulated median (#304 of 501)

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


Perusahaan Gas Negara (Persero) Tbk PT Business Description

Address Jalan KH. Zainul Arifin Number 20, Jakarta, IDN, 11140
Perusahaan Gas Negara (Persero) Tbk PT is an Indonesian natural gas company of which the Republic of Indonesia holds a majority stake. PGN is involved in the transmission and distribution of natural gas. The company's segments include Natural gas trading and transmission, Exploration and production of oil and gas, and Other operation.
87GF Score

Get the complete analysis for PPAAY

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

$4.10
Price
$5.15
GF Value