PT Apexindo Pratama Duta Tbk (ISX:APEX) Operating Income: Rp219,745 Mil (TTM As of Jun. 2026)

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ISX:APEX PT Apexindo Pratama Duta Tbk ISX:APEX
60 GF Score
Price Rp169.00
GF Value Rp141.72
Valuation Modestly Overvalued
! 3 Warning Signs
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What is PT Apexindo Pratama Duta Tbk Operating Income?

PT Apexindo Pratama Duta Tbk ISX:APEX +0.60% 60 Operating Income is Rp219,745 Mil as of Jun. 2026. GuruFocus rates ISX:APEX with a GF Score™ of 60/100 and a GF Value™ of Rp141.72 (Modestly Overvalued). The stock has 3 warning signs investors should review.

PT Apexindo Pratama Duta Tbk's Operating Income for the three months ended in Jun. 2026 was Rp54,790 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Jun. 2026 was Rp219,745 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. PT Apexindo Pratama Duta Tbk's Operating Income for the three months ended in Jun. 2026 was Rp54,790 Mil. PT Apexindo Pratama Duta Tbk's Revenue for the three months ended in Jun. 2026 was Rp245,446 Mil. Therefore, PT Apexindo Pratama Duta Tbk's Operating Margin % for the quarter that ended in Jun. 2026 was 22.32%.

PT Apexindo Pratama Duta 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 Apexindo Pratama Duta Tbk's annualized ROC % for the quarter that ended in Jun. 2026 was 4.43%. PT Apexindo Pratama Duta Tbk's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2026 was 4.56%.


PT Apexindo Pratama Duta Tbk  (ISX:APEX) Operating Income Explanation

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

PT Apexindo Pratama Duta Tbk's annualized ROC % for the quarter that ended in Jun. 2026 is calculated as:

ROC % (Q: Jun. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Mar. 2026 ) + Invested Capital (Q: Jun. 2026 ))/ count )
=219161.98 * ( 1 - 21.46% )/( (3827015.863 + 3937927.995)/ 2 )
=172129.819092/3882471.929
=4.43 %

where

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))
=4428329.581 - 91875.603 - ( 509438.115 - max(0, 315122.992 - 1271394.471+509438.115))
=3827015.863

Invested Capital(Q: Jun. 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))
=4527758.965 - 87614.625 - ( 502216.345 - max(0, 276980.467 - 1242443.463+502216.345))
=3937927.995

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

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

PT Apexindo Pratama Duta Tbk's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2026 is calculated as:

ROC (Joel Greenblatt) %(Q: Jun. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Mar. 2026  Q: Jun. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=172792.524/( ( (3076588.397 + max(651238.382, 0)) + (3214471.284 + max(636576.688, 0)) )/ 2 )
=172792.524/( ( 3727826.779 + 3851047.972 )/ 2 )
=172792.524/3789437.3755
=4.56 %

where Working Capital is:

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(201188.441 + 438165.535 + 119385.803) - (91875.603 + 0 + 15625.794)
=651238.382

Working Capital(Q: Jun. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(142655.959 + 470843.501 + 123896.756) - (87614.625 + 0 + 13204.903)
=636576.688

When net working capital is negative, 0 is used.

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

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

PT Apexindo Pratama Duta Tbk's Operating Margin % for the quarter that ended in Jun. 2026 is calculated as:

Operating Margin %=Operating Income (Q: Jun. 2026 )/Revenue (Q: Jun. 2026 )
=54790.495/245446.369
=22.32 %

* 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 Apexindo Pratama Duta Tbk Operating Income Related Terms


PT Apexindo Pratama Duta Tbk Operating Income Historical Data

* Premium members only.

The historical data trend for PT Apexindo Pratama Duta 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 Apexindo Pratama Duta Tbk Operating Income Chart

PT Apexindo Pratama Duta Tbk Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Operating Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 160,469.42 112,037.60 73,728.37 78,559.47 197,946.03

PT Apexindo Pratama Duta Tbk Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 24,643.12 33,924.33 81,681.14 49,349.07 54,790.50
ISX:APEX
60GF Score
PT Apexindo Pratama Duta Tbk ISX:APEX
Operating Income is just one metric. See GF Score™, valuation, warning signs, and more.
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PT Apexindo Pratama Duta 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 Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was Rp219,745 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 Rp219,745 Mil mean?
PT Apexindo Pratama Duta Tbk (ISX:APEX) has a Operating Income of Rp219,745 Mil as of Jun. 2026. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on PT Apexindo Pratama Duta Tbk and its competitors.
Is PT Apexindo Pratama Duta Tbk's Operating Income too high?
PT Apexindo Pratama Duta Tbk's current Operating Income is Rp219,745 Mil. Overall, PT Apexindo Pratama Duta Tbk has a GF Score™ of 60/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does PT Apexindo Pratama Duta Tbk's Operating Income compare to NE and RIG?
PT Apexindo Pratama Duta Tbk's Operating Income of Rp219,745 Mil can be compared against companies in the Oil & Gas 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 an Oil & Gas company?
A good Operating Income depends on the Oil & Gas 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 Apexindo Pratama Duta Tbk and its competitors. PT Apexindo Pratama Duta Tbk's current Operating Income is Rp219,745 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Apexindo Pratama Duta Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Apexindo Pratama Duta Tbk (ISX:APEX) is currently considered Modestly Overvalued. The stock's GF Value™ is Rp141.72, compared to a current price of Rp169.00 — trading 19.2% above its estimated fair value. The current Operating Income is Rp219,745 Mil. PT Apexindo Pratama Duta Tbk's overall GF Score™ is 60/100 with 3 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 Apexindo Pratama Duta Tbk (ISX:APEX), the current Operating Income is Rp219,745 Mil as of Jun. 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 Apexindo Pratama Duta Tbk (ISX:APEX) Overvalued in 2026?

Based on GuruFocus' analysis, PT Apexindo Pratama Duta Tbk stock appears to be overvalued. The current stock price of Rp169.00 is trading 19.2% above its estimated GF Value™ of Rp141.72. GuruFocus considers PT Apexindo Pratama Duta Tbk to be Modestly Overvalued.

Key valuation signals for ISX:APEX:

  • Operating Income: Rp219,745 Mil
  • GF Value™: Rp141.72 vs. price of Rp169.00 (19.2% above fair value)
  • GF Score™: 60/100 with 3 warning signs

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


PT Apexindo Pratama Duta Tbk Business Description

Industry EnergyOil & Gas
Address Jalan Jend. Sudirman Kav. 52- 53, Office 8 Building, 20th-21st Floor, SCBD Lot 28, Kebayoran Baru, Jakarta, IDN, 12190
PT Apexindo Pratama Duta Tbk is an Indonesian drilling contractor with offshore and onshore drilling capacity for the oil and gas, geothermal, and coal bed methane industries. The company owns and operates both onshore and offshore rigs across different regions in Indonesia. Its operating segments are Offshore Drilling Services (Swampbarges and Jack-up), which derives maximum revenue, and Onshore drilling services.
60GF Score

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

Rp169.00
Price
Rp141.72
GF Value