PT Berlian Laju Tanker Tbk (ISX:BLTA) Operating Income: Rp76,439 Mil (TTM As of Jun. 2026)

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ISX:BLTA PT Berlian Laju Tanker Tbk ISX:BLTA
75 GF Score
Price Rp33.00
GF Value Rp33.98
Valuation Fairly Valued
! 4 Warning Signs
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What is PT Berlian Laju Tanker Tbk Operating Income?

PT Berlian Laju Tanker Tbk ISX:BLTA 75 Operating Income is Rp76,439 Mil as of Jun. 2026. GuruFocus rates ISX:BLTA with a GF Score™ of 75/100 and a GF Value™ of Rp33.98 (Fairly Valued). The stock has 4 warning signs investors should review.

PT Berlian Laju Tanker Tbk's Operating Income for the three months ended in Jun. 2026 was Rp22,343 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Jun. 2026 was Rp76,439 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. PT Berlian Laju Tanker Tbk's Operating Income for the three months ended in Jun. 2026 was Rp22,343 Mil. PT Berlian Laju Tanker Tbk's Revenue for the three months ended in Jun. 2026 was Rp229,697 Mil. Therefore, PT Berlian Laju Tanker Tbk's Operating Margin % for the quarter that ended in Jun. 2026 was 9.73%.

Good Sign:

PT Berlian Laju Tanker Tbk operating margin is expanding. Margin expansion is usually a good sign.

PT Berlian Laju Tanker Tbk's 5-Year average Growth Rate for Operating Margin % was 21.00% per year.

Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. PT Berlian Laju Tanker Tbk's annualized ROC % for the quarter that ended in Jun. 2026 was 3.82%. PT Berlian Laju Tanker Tbk's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2026 was 14.72%.


PT Berlian Laju Tanker Tbk  (ISX:BLTA) Operating Income Explanation

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

PT Berlian Laju Tanker 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 )
=89370.5 * ( 1 - 0% )/( (2185799.658 + 2487807.413)/ 2 )
=89370.5/2336803.5355
=3.82 %

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))
=2562562.427 - 102405.661 - ( 406693.866 - max(0, 414599.875 - 688956.983+406693.866))
=2185799.658

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))
=2682207.96 - 137872.093 - ( 219824.914 - max(0, 457190.67 - 513719.124+219824.914))
=2487807.413

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 Berlian Laju Tanker 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 )
=190637.956/( ( (1090487.396 + max(93703.974, 0)) + (1329269.735 + max(76022.26, 0)) )/ 2 )
=190637.956/( ( 1184191.37 + 1405291.995 )/ 2 )
=190637.956/1294741.6825
=14.72 %

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)
=(114408.573 + 38057.187 + 106062.403) - (102405.661 + 0 + 62418.528)
=93703.974

Working Capital(Q: Jun. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(121047.935 + 46853.22 + 106929.259) - (137872.093 + 0 + 60936.061)
=76022.26

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 Berlian Laju Tanker 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 )
=22342.625/229697.237
=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.

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 Berlian Laju Tanker Tbk Operating Income Related Terms


PT Berlian Laju Tanker Tbk Operating Income Historical Data

* Premium members only.

The historical data trend for PT Berlian Laju Tanker 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 Berlian Laju Tanker Tbk Operating Income Chart

PT Berlian Laju Tanker 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 22,940.58 66,691.65 166,540.48 115,971.03 123,616.02

PT Berlian Laju Tanker 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 44,295.63 53,519.55 -29,354.42 29,931.10 22,342.63
ISX:BLTA
75GF Score
PT Berlian Laju Tanker Tbk ISX:BLTA
Operating Income is just one metric. See GF Score™, valuation, warning signs, and more.
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PT Berlian Laju Tanker 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 Rp76,439 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 Rp76,439 Mil mean?
PT Berlian Laju Tanker Tbk (ISX:BLTA) has a Operating Income of Rp76,439 Mil as of Jun. 2026. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on PT Berlian Laju Tanker Tbk and its competitors.
Is PT Berlian Laju Tanker Tbk's Operating Income too high?
PT Berlian Laju Tanker Tbk's current Operating Income is Rp76,439 Mil. Overall, PT Berlian Laju Tanker Tbk has a GF Score™ of 75/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does PT Berlian Laju Tanker Tbk's Operating Income compare to competitors?
PT Berlian Laju Tanker Tbk's Operating Income of Rp76,439 Mil can be compared against companies in the Transportation 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 Transportation company?
A good Operating Income depends on the Transportation 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 Berlian Laju Tanker Tbk and its competitors. PT Berlian Laju Tanker Tbk's current Operating Income is Rp76,439 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Berlian Laju Tanker Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Berlian Laju Tanker Tbk (ISX:BLTA) is currently considered Fairly Valued. The stock's GF Value™ is Rp33.98, compared to a current price of Rp33.00 — trading 2.9% below its estimated fair value. The current Operating Income is Rp76,439 Mil. PT Berlian Laju Tanker Tbk's overall GF Score™ is 75/100 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 Berlian Laju Tanker Tbk (ISX:BLTA), the current Operating Income is Rp76,439 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 Berlian Laju Tanker Tbk (ISX:BLTA) Overvalued in 2026?

Based on GuruFocus' analysis, PT Berlian Laju Tanker Tbk stock appears to be undervalued. The current stock price of Rp33.00 is trading 2.9% below its estimated GF Value™ of Rp33.98. GuruFocus considers PT Berlian Laju Tanker Tbk to be Fairly Valued.

Key valuation signals for ISX:BLTA:

  • Operating Income: Rp76,439 Mil
  • GF Value™: Rp33.98 vs. price of Rp33.00 (2.9% below fair value)
  • GF Score™: 75/100 with 4 warning signs

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


PT Berlian Laju Tanker Tbk Business Description

Address Jalan Abdul Muis No. 40, 10th Floor, Gambir Wisma BSG, Jakarta Pusat, IDN, 10160
PT Berlian Laju Tanker Tbk is a company that is involved in the business of maritime transportation of liquid and gas bulk cargo. The company's business activity is to provide the service of chartering out of cargo space in its vessels to third parties to transport liquid cargo. The company has three reportable segments: the chemical tankers segment, which is the key revenue driver, provides maritime transportation of liquid chemical and vegetable oil and animal fats; the gas tankers segment provides maritime transportation of liquefied gas such as LPG, propylene, propane, and LNG and the others segments include manning and ship management. The company operates in two geographical areas, namely Malaysia and Indonesia.
75GF Score

Get the complete analysis for ISX:BLTA

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

Rp33.00
Price
Rp33.98
GF Value