PT MNC Asia Holding Tbk (ISX:BHIT) Operating Income: Rp2,325,022 Mil (TTM As of Jun. 2026)

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ISX:BHIT PT MNC Asia Holding Tbk ISX:BHIT
63 GF Score
Price Rp26.00
GF Value Rp34.58
Valuation Modestly Undervalued
! 5 Warning Signs
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What is PT MNC Asia Holding Tbk Operating Income?

PT MNC Asia Holding Tbk ISX:BHIT 63 Operating Income is Rp2,325,022 Mil as of Jun. 2026. GuruFocus rates ISX:BHIT with a GF Score™ of 63/100 and a GF Value™ of Rp34.58 (Modestly Undervalued). The stock has 5 warning signs investors should review.

PT MNC Asia Holding Tbk's Operating Income for the three months ended in Jun. 2026 was Rp353,132 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Jun. 2026 was Rp2,325,022 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. PT MNC Asia Holding Tbk's Operating Income for the three months ended in Jun. 2026 was Rp353,132 Mil. PT MNC Asia Holding Tbk's Revenue for the three months ended in Jun. 2026 was Rp3,268,057 Mil. Therefore, PT MNC Asia Holding Tbk's Operating Margin % for the quarter that ended in Jun. 2026 was 10.81%.

Warning Sign:

PT MNC Asia Holding Tbk operating margin has been in a 5-year decline. The average rate of decline per year is -8%.

PT MNC Asia Holding Tbk's 5-Year average Growth Rate for Operating Margin % was -8.00% per year.

Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. PT MNC Asia Holding Tbk's annualized ROC % for the quarter that ended in Jun. 2026 was 2.12%. PT MNC Asia Holding Tbk's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2026 was 7.62%.


PT MNC Asia Holding Tbk  (ISX:BHIT) Operating Income Explanation

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

PT MNC Asia Holding 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 )
=1412528 * ( 1 - 0% )/( (67989319 + 65033101)/ 2 )
=1412528/66511210
=2.12 %

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))
=76125747 - 4666507 - ( 11004698 - max(0, 27050531 - 30520452+11004698))
=67989319

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))
=71502232 - 3444831 - ( 10315724 - max(0, 25065268 - 28089568+10315724))
=65033101

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 MNC Asia Holding 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 )
=1005516/( ( (13802662 + max(-7102460, 0)) + (12599262 + max(-7003794, 0)) )/ 2 )
=1005516/( ( 13802662 + 12599262 )/ 2 )
=1005516/13200962
=7.62 %

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)
=(4816178 + 4326359 + 5112790) - (4666507 + 0 + 16691280)
=-7102460

Working Capital(Q: Jun. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(4512472 + 3861798 + 4685755) - (3444831 + 0 + 16618988)
=-7003794

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 MNC Asia Holding 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 )
=353132/3268057
=10.81 %

* 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 MNC Asia Holding Tbk Operating Income Related Terms


PT MNC Asia Holding Tbk Operating Income Historical Data

* Premium members only.

The historical data trend for PT MNC Asia Holding 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 MNC Asia Holding Tbk Operating Income Chart

PT MNC Asia Holding Tbk Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Operating Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3,606,773.00 4,707,383.00 4,958,577.00 2,545,599.00 2,709,083.00

PT MNC Asia Holding 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 401,302.00 450,419.00 768,858.00 752,613.00 353,132.00
ISX:BHIT
63GF Score
PT MNC Asia Holding Tbk ISX:BHIT
Operating Income is just one metric. See GF Score™, valuation, warning signs, and more.
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PT MNC Asia Holding 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 Rp2,325,022 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 Rp2,325,022 Mil mean?
PT MNC Asia Holding Tbk (ISX:BHIT) has a Operating Income of Rp2,325,022 Mil as of Jun. 2026. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on PT MNC Asia Holding Tbk and its competitors.
Is PT MNC Asia Holding Tbk's Operating Income too high?
PT MNC Asia Holding Tbk's current Operating Income is Rp2,325,022 Mil. Overall, PT MNC Asia Holding Tbk has a GF Score™ of 63/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does PT MNC Asia Holding Tbk's Operating Income compare to NFLX and DIS?
PT MNC Asia Holding Tbk's Operating Income of Rp2,325,022 Mil can be compared against companies in the Media - Diversified 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 Media - Diversified company?
A good Operating Income depends on the Media - Diversified 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 MNC Asia Holding Tbk and its competitors. PT MNC Asia Holding Tbk's current Operating Income is Rp2,325,022 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT MNC Asia Holding Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT MNC Asia Holding Tbk (ISX:BHIT) is currently considered Modestly Undervalued. The stock's GF Value™ is Rp34.58, compared to a current price of Rp26.00 — trading 24.8% below its estimated fair value. The current Operating Income is Rp2,325,022 Mil. PT MNC Asia Holding Tbk's overall GF Score™ is 63/100 with 5 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 MNC Asia Holding Tbk (ISX:BHIT), the current Operating Income is Rp2,325,022 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 MNC Asia Holding Tbk (ISX:BHIT) Overvalued in 2026?

Based on GuruFocus' analysis, PT MNC Asia Holding Tbk stock appears to be undervalued. The current stock price of Rp26.00 is trading 24.8% below its estimated GF Value™ of Rp34.58. GuruFocus considers PT MNC Asia Holding Tbk to be Modestly Undervalued.

Key valuation signals for ISX:BHIT:

  • Operating Income: Rp2,325,022 Mil
  • GF Value™: Rp34.58 vs. price of Rp26.00 (24.8% below fair value)
  • GF Score™: 63/100 with 5 warning signs

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


PT MNC Asia Holding Tbk Business Description

Address Jalan Kebon Sirih Timur Kav. 21-27, MNC Bank Tower, MNC Center, 21st Floor, RT.15/RW.7, Kota Jakarta Pusat, Gambir, Kec. Menteng, Daerah Khusus Ibukota Jakarta, Jakarta, IDN, 10340
PT MNC Asia Holding Tbk is an integrated investment group with a strategic portfolio across the media and entertainment, financial services, and tourism and hospitality sectors. The Group's operating segments are: Financing and securities, Bank financial institution, Advertising and content, Pay TV and Broadband, Mining, and Others. The majority of its revenue is derived from the Advertising and content segment, which represents income generated from the Group's advertising and content-based media businesses, including direct-to-home pay TV services, operation of media networks, content production and distribution, and offering digital and OTT streaming services, among other related business activities.
63GF Score

Get the complete analysis for ISX:BHIT

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

Rp26.00
Price
Rp34.58
GF Value