PT Cisadanewit Raya Tbk (ISX:CSRA) Operating Income: Rp407,460 Mil (TTM As of Mar. 2026)

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ISX:CSRA PT Cisadane Sawit Raya Tbk ISX:CSRA
52 GF Score
Price Rp765.00
GF Value Rp1,770.29
Valuation Significantly Undervalued
! 2 Warning Signs
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What is PT Cisadanewit Raya Tbk Operating Income?

PT Cisadanewit Raya Tbk ISX:CSRA 52 Operating Income is Rp407,460 Mil as of Mar. 2026. GuruFocus rates ISX:CSRA with a GF Score™ of 52/100 and a GF Value™ of Rp1,770.29 (Significantly Undervalued). The stock has 2 warning signs investors should review.

PT Cisadanewit Raya Tbk's Operating Income for the three months ended in Mar. 2026 was Rp120,269 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2026 was Rp407,460 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. PT Cisadanewit Raya Tbk's Operating Income for the three months ended in Mar. 2026 was Rp120,269 Mil. PT Cisadanewit Raya Tbk's Revenue for the three months ended in Mar. 2026 was Rp541,323 Mil. Therefore, PT Cisadanewit Raya Tbk's Operating Margin % for the quarter that ended in Mar. 2026 was 22.22%.

PT Cisadanewit Raya 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 Cisadanewit Raya Tbk's annualized ROC % for the quarter that ended in Mar. 2026 was 15.62%. PT Cisadanewit Raya Tbk's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 22.64%.


PT Cisadanewit Raya Tbk  (ISX:CSRA) Operating Income Explanation

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

PT Cisadanewit Raya 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 )
=481075.632 * ( 1 - 25.45% )/( (2251917.714 + 2339065.844)/ 2 )
=358641.883656/2295491.779
=15.62 %

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))
=2521825.089 - 111139.971 - ( 158767.404 - max(0, 387906.057 - 556673.834+158767.404))
=2251917.714

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))
=2643369.307 - 149387.996 - ( 154915.467 - max(0, 437050.417 - 648502.203+154915.467))
=2339065.844

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 Cisadanewit Raya 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 )
=481075.632/( ( (1838797.38 + max(257899.787, 0)) + (1873760.073 + max(279288.817, 0)) )/ 2 )
=481075.632/( ( 2096697.167 + 2153048.89 )/ 2 )
=481075.632/2124873.0285
=22.64 %

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)
=(24698.197 + 269956.409 + 96994.484) - (111139.971 + 0 + 22609.332)
=257899.787

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(32642.518 + 385901.068 + 68509.787) - (149387.996 + 0 + 58376.56)
=279288.817

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 Cisadanewit Raya 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 )
=120268.908/541322.949
=22.22 %

* 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 Cisadanewit Raya Tbk Operating Income Related Terms


PT Cisadanewit Raya Tbk Operating Income Historical Data

* Premium members only.

The historical data trend for PT Cisadanewit Raya 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 Cisadanewit Raya Tbk Operating Income Chart

PT Cisadanewit Raya Tbk Annual Data
Trend Dec16 Dec17 Dec18 Dec24 Dec25
Operating Income
105,856.00 191,004.00 122,498.00 340,935.51 415,661.28

PT Cisadanewit Raya Tbk Quarterly Data
Dec16 Dec17 Dec18 Jun19 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 128,469.85 109,764.51 106,145.43 71,281.50 120,268.91
ISX:CSRA
52GF Score
PT Cisadane Sawit Raya Tbk ISX:CSRA
Operating Income is just one metric. See GF Score™, valuation, warning signs, and more.
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PT Cisadanewit Raya 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 Rp407,460 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 Rp407,460 Mil mean?
PT Cisadanewit Raya Tbk (ISX:CSRA) has a Operating Income of Rp407,460 Mil as of Mar. 2026. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on PT Cisadanewit Raya Tbk and its competitors.
Is PT Cisadanewit Raya Tbk's Operating Income too high?
PT Cisadanewit Raya Tbk's current Operating Income is Rp407,460 Mil. Overall, PT Cisadanewit Raya Tbk has a GF Score™ of 52/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does PT Cisadanewit Raya Tbk's Operating Income compare to ADM and BG?
PT Cisadanewit Raya Tbk's Operating Income of Rp407,460 Mil can be compared against companies in the Consumer Packaged Goods 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 Consumer Packaged Goods company?
A good Operating Income depends on the Consumer Packaged Goods 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 Cisadanewit Raya Tbk and its competitors. PT Cisadanewit Raya Tbk's current Operating Income is Rp407,460 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Cisadanewit Raya Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Cisadanewit Raya Tbk (ISX:CSRA) is currently considered Significantly Undervalued. The stock's GF Value™ is Rp1,770.29, compared to a current price of Rp765.00 — trading 56.8% below its estimated fair value. The current Operating Income is Rp407,460 Mil. PT Cisadanewit Raya Tbk's overall GF Score™ is 52/100 with 2 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 Cisadanewit Raya Tbk (ISX:CSRA), the current Operating Income is Rp407,460 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 Cisadanewit Raya Tbk (ISX:CSRA) Overvalued in 2026?

Based on GuruFocus' analysis, PT Cisadanewit Raya Tbk stock appears to be undervalued. The current stock price of Rp765.00 is trading 56.8% below its estimated GF Value™ of Rp1,770.29. GuruFocus considers PT Cisadanewit Raya Tbk to be Significantly Undervalued.

Key valuation signals for ISX:CSRA:

  • Operating Income: Rp407,460 Mil
  • GF Value™: Rp1,770.29 vs. price of Rp765.00 (56.8% below fair value)
  • GF Score™: 52/100 with 2 warning signs

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


PT Cisadanewit Raya Tbk Business Description

Address Jalan Pluit Selatan Raya, CBD Pluit Office Complex Blok R2 No. B-25, North Jakarta, Jakarta, IDN, 14440
PT Cisadane Sawit Raya Tbk develops oil palm plantations in Labuhan Batu Regency, North Sumatra Province. The company also has a palm oil mill in the plantation area to process fresh fruit bunches into crude palm oil. Its segments are Crude palm oil, Palm Kernel, and Plantation Industry. Geographically, the company operates in North Sumatra and South Sumatra.
52GF Score

Get the complete analysis for ISX:CSRA

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

Rp765.00
Price
Rp1,770.29
GF Value