PT Alamtri Minerals Indonesia Tbk (ISX:ADMR) Operating Income: Rp5,912,966 Mil (TTM As of Mar. 2026)

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ISX:ADMR PT Alamtri Minerals Indonesia Tbk ISX:ADMR
92 GF Score
Price Rp1,620.00
GF Value Rp2,022.34
Valuation Modestly Undervalued
! 4 Warning Signs
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What is PT Alamtri Minerals Indonesia Tbk Operating Income?

PT Alamtri Minerals Indonesia Tbk ISX:ADMR +1.57% 92 Operating Income is Rp5,912,966 Mil as of Mar. 2026. GuruFocus rates ISX:ADMR with a GF Score™ of 92/100 and a GF Value™ of Rp2,022.34 (Modestly Undervalued). The stock has 4 warning signs investors should review.

PT Alamtri Minerals Indonesia Tbk's Operating Income for the three months ended in Mar. 2026 was Rp1,872,742 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2026 was Rp5,912,966 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. PT Alamtri Minerals Indonesia Tbk's Operating Income for the three months ended in Mar. 2026 was Rp1,872,742 Mil. PT Alamtri Minerals Indonesia Tbk's Revenue for the three months ended in Mar. 2026 was Rp4,528,450 Mil. Therefore, PT Alamtri Minerals Indonesia Tbk's Operating Margin % for the quarter that ended in Mar. 2026 was 41.36%.

PT Alamtri Minerals Indonesia Tbk's 5-Year average Growth Rate for Operating Margin % was 0.00% per year.

Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. PT Alamtri Minerals Indonesia Tbk's annualized ROC % for the quarter that ended in Mar. 2026 was 13.35%. PT Alamtri Minerals Indonesia Tbk's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 21.67%.


PT Alamtri Minerals Indonesia Tbk  (ISX:ADMR) Operating Income Explanation

1. Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

PT Alamtri Minerals Indonesia Tbk's annualized ROC % for the quarter that ended in Mar. 2026 is calculated as:

ROC % (Q: Mar. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2025 ) + Invested Capital (Q: Mar. 2026 ))/ count )
=7490968.188 * ( 1 - 22.42% )/( (41975032.871 + 45099426.094)/ 2 )
=5811493.1202504/43537229.4825
=13.35 %

where

Invested Capital(Q: Dec. 2025 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=48304911.728 - 2092667.744 - ( 6812514.305 - max(0, 7130718.223 - 11367929.336+6812514.305))
=41975032.871

Invested Capital(Q: Mar. 2026 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=54266874.333 - 1920753.695 - ( 9125480.37 - max(0, 7230222.282 - 14476916.826+9125480.37))
=45099426.094

Note: The Operating Income data used here is four times the quarterly (Mar. 2026) data.

2. Joel Greenblatt's definition of Return on Capital:

PT Alamtri Minerals Indonesia Tbk's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2025  Q: Mar. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=7508981.024/( ( (33195939.5 + max(-2229164.96, 0)) + (36106976.587 + max(-1765409.944, 0)) )/ 2 )
=7508981.024/( ( 33195939.5 + 36106976.587 )/ 2 )
=7508981.024/34651458.0435
=21.67 %

where Working Capital is:

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(2596153.686 + 1491294.752 + 331168.648) - (2092667.744 + 0 + 4555114.302)
=-2229164.96

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(2182362.999 + 1744417.546 + 888757.216) - (1920753.695 + 0 + 4660194.01)
=-1765409.944

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Mar. 2026) EBIT data.

3. Operating Income is also linked to Operating Margin %:

PT Alamtri Minerals Indonesia Tbk's Operating Margin % for the quarter that ended in Mar. 2026 is calculated as:

Operating Margin %=Operating Income (Q: Mar. 2026 )/Revenue (Q: Mar. 2026 )
=1872742.047/4528449.779
=41.36 %

* 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.

4. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Operating Income growth rate using Operating Income per share data.


Be Aware

Compared with a company's EBITDA margin, Operating Margin can be manipulated by adjusting the rate of depreciation, depletion and amortization (DDA).

If a company is facing competition, its Operating Margin may decline. Often the Operating Margin declines well before the company's revenue or even profit decline. Therefore, Operating Margin is a very important indicator of whether the company is facing problems.

For instance, by 2012, Nokia (NOK)'s problems were well known and its stock had lost more than 90% of its market value since 2007. But Nokia's Operating Margin had already been in decline since 2002, although its earnings per share were still rising. Investors who paid attention to Operating Margin would have avoided this huge loss. The same can be said for Research-in-Motion (RIMM).

Therefore, Operating Margin is a very important screening filter for GuruFocus. GuruFocus's Buffett-Munger screener requires that the profit margin is either consistent or expanding. The Model Portfolio of the Buffett-Munger screener has outperformed the market every year since inception in 2009.


PT Alamtri Minerals Indonesia Tbk Operating Income Related Terms


PT Alamtri Minerals Indonesia Tbk Operating Income Historical Data

* Premium members only.

The historical data trend for PT Alamtri Minerals Indonesia Tbk's Operating Income 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 Alamtri Minerals Indonesia Tbk Operating Income Chart

PT Alamtri Minerals Indonesia Tbk Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Operating Income
Get a 7-Day Free Trial 3,085,758.50 7,180,181.45 8,901,676.89 8,636,779.11 5,286,117.88

PT Alamtri Minerals Indonesia Tbk Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Operating Income 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 1,178,912.80 1,441,385.76 1,223,207.21 1,375,631.32 1,872,742.05
ISX:ADMR
92GF Score
PT Alamtri Minerals Indonesia Tbk ISX:ADMR
Operating Income is just one metric. See GF Score™, valuation, warning signs, and more.
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PT Alamtri Minerals Indonesia Tbk Operating Income Calculation

Operating Income, is the profit a company earned through operations. All expenses, including cash expenses such as cost of goods sold (COGS), research & development, wages, and non-cash expenses, such as depreciation, depletion and amortization, have been deducted from the sales.

Operating Income for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was Rp5,912,966 Mil.

* 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 Operating Income →
What does a Operating Income of Rp5,912,966 Mil mean?
PT Alamtri Minerals Indonesia Tbk (ISX:ADMR) has a Operating Income of Rp5,912,966 Mil as of Mar. 2026. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on PT Alamtri Minerals Indonesia Tbk and its competitors.
Is PT Alamtri Minerals Indonesia Tbk's Operating Income too high?
PT Alamtri Minerals Indonesia Tbk's current Operating Income is Rp5,912,966 Mil. Overall, PT Alamtri Minerals Indonesia Tbk has a GF Score™ of 92/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does PT Alamtri Minerals Indonesia Tbk's Operating Income compare to HCC and AMR?
PT Alamtri Minerals Indonesia Tbk's Operating Income of Rp5,912,966 Mil can be compared against companies in the Steel industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Operating Income for a Steel company?
A good Operating Income depends on the Steel industry context. However, Operating Income should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Operating Income mean?
A high Operating Income can signal that a stock is expensive relative to its fundamentals. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on PT Alamtri Minerals Indonesia Tbk and its competitors. PT Alamtri Minerals Indonesia Tbk's current Operating Income is Rp5,912,966 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Alamtri Minerals Indonesia Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Alamtri Minerals Indonesia Tbk (ISX:ADMR) is currently considered Modestly Undervalued. The stock's GF Value™ is Rp2,022.34, compared to a current price of Rp1,620.00 — trading 19.9% below its estimated fair value. The current Operating Income is Rp5,912,966 Mil. PT Alamtri Minerals Indonesia Tbk's overall GF Score™ is 92/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Operating Income calculated?
Operating Income is calculated from a company's financial statements. For PT Alamtri Minerals Indonesia Tbk (ISX:ADMR), the current Operating Income is Rp5,912,966 Mil 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 Alamtri Minerals Indonesia Tbk (ISX:ADMR) Overvalued in 2026?

Based on GuruFocus' analysis, PT Alamtri Minerals Indonesia Tbk stock appears to be undervalued. The current stock price of Rp1,620.00 is trading 19.9% below its estimated GF Value™ of Rp2,022.34. GuruFocus considers PT Alamtri Minerals Indonesia Tbk to be Modestly Undervalued.

Key valuation signals for ISX:ADMR:

  • Operating Income: Rp5,912,966 Mil
  • GF Value™: Rp2,022.34 vs. price of Rp1,620.00 (19.9% below fair value)
  • GF Score™: 92/100 with 4 warning signs

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


PT Alamtri Minerals Indonesia Tbk Business Description

Address Jalan H.R. Rasuna Said, Blok X-5, No. 13, 34th Floor, Cyber 2 Tower, South Jakarta, DKI Jakarta, Jakarta, IDN, 12950
PT Alamtri Minerals Indonesia Tbk is engaged in metallurgical coal mining, mineral processing, mining services, and renewable energy businesses. Through its subsidiaries, it holds five coal mining concession agreements (PKP2B) located in East Kalimantan and Central Kalimantan of Indonesia; offers mining and related services mainly by renting equipment to related parties; is developing an aluminum smelter facility; and is also engaged in the renewable energy business. Its operating segments are Mining, which generates the maximum revenue, Metal processing, and Other services. The company generates the majority of its revenue from the sale of metallurgical coal. Geographically, it generates maximum revenue from Singapore, and the rest from its domestic market, Korea, India, China, and Japan.
92GF Score

Get the complete analysis for ISX:ADMR

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

Rp1,620.00
Price
Rp2,022.34
GF Value