PT Gajah Tunggal Tbk (ISX:GJTL) Operating Income: Rp2,156,978 Mil (TTM As of Jun. 2026)

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ISX:GJTL PT Gajah Tunggal Tbk ISX:GJTL
79 GF Score
Price Rp1,310.00
GF Value Rp1,132.57
Valuation Modestly Overvalued
! 4 Warning Signs
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What is PT Gajah Tunggal Tbk Operating Income?

PT Gajah Tunggal Tbk ISX:GJTL +0.77% 79 Operating Income is Rp2,156,978 Mil as of Jun. 2026. GuruFocus rates ISX:GJTL with a GF Score™ of 79/100 and a GF Value™ of Rp1,132.57 (Modestly Overvalued). The stock has 4 warning signs investors should review.

PT Gajah Tunggal Tbk's Operating Income for the three months ended in Jun. 2026 was Rp519,376 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Jun. 2026 was Rp2,156,978 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. PT Gajah Tunggal Tbk's Operating Income for the three months ended in Jun. 2026 was Rp519,376 Mil. PT Gajah Tunggal Tbk's Revenue for the three months ended in Jun. 2026 was Rp4,801,461 Mil. Therefore, PT Gajah Tunggal Tbk's Operating Margin % for the quarter that ended in Jun. 2026 was 10.82%.

Good Sign:

PT Gajah Tunggal Tbk operating margin is expanding. Margin expansion is usually a good sign.

PT Gajah Tunggal Tbk's 5-Year average Growth Rate for Operating Margin % was 11.40% per year.

Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. PT Gajah Tunggal Tbk's annualized ROC % for the quarter that ended in Jun. 2026 was 8.96%. PT Gajah Tunggal Tbk's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2026 was 15.48%.


PT Gajah Tunggal Tbk  (ISX:GJTL) Operating Income Explanation

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

PT Gajah Tunggal 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 )
=2077504 * ( 1 - 20.31% )/( (18052997 + 18921800)/ 2 )
=1655562.9376/18487398.5
=8.96 %

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))
=22202363 - 2815276 - ( 1334090 - max(0, 5611897 - 8896156+1334090))
=18052997

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))
=23591378 - 3389981 - ( 1279597 - max(0, 6679245 - 9792812+1279597))
=18921800

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 Gajah Tunggal 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 )
=2435552/( ( (12082688 + max(3263986, 0)) + (12544371 + max(3570529, 0)) )/ 2 )
=2435552/( ( 15346674 + 16114900 )/ 2 )
=2435552/15730787
=15.48 %

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)
=(4732117 + 2456029 + 233420) - (2815276 + 0 + 1342304)
=3263986

Working Capital(Q: Jun. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(5231647 + 2910172 + 279214) - (3389981 + 0 + 1460523)
=3570529

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 Gajah Tunggal 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 )
=519376/4801461
=10.82 %

* 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 Gajah Tunggal Tbk Operating Income Related Terms


PT Gajah Tunggal Tbk Operating Income Historical Data

* Premium members only.

The historical data trend for PT Gajah Tunggal 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 Gajah Tunggal Tbk Operating Income Chart

PT Gajah Tunggal 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 794,415.00 754,969.00 2,129,271.00 2,232,715.00 1,846,186.00

PT Gajah Tunggal 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 320,491.00 468,381.00 616,941.00 552,280.00 519,376.00
ISX:GJTL
79GF Score
PT Gajah Tunggal Tbk ISX:GJTL
Operating Income is just one metric. See GF Score™, valuation, warning signs, and more.
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PT Gajah Tunggal 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 Rp2,156,978 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 Rp2,156,978 Mil mean?
PT Gajah Tunggal Tbk (ISX:GJTL) has a Operating Income of Rp2,156,978 Mil as of Jun. 2026. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on PT Gajah Tunggal Tbk and its competitors.
Is PT Gajah Tunggal Tbk's Operating Income too high?
PT Gajah Tunggal Tbk's current Operating Income is Rp2,156,978 Mil. Overall, PT Gajah Tunggal Tbk has a GF Score™ of 79/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does PT Gajah Tunggal Tbk's Operating Income compare to ORLY and AZO?
PT Gajah Tunggal Tbk's Operating Income of Rp2,156,978 Mil can be compared against companies in the Vehicles & Parts 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 Vehicles & Parts company?
A good Operating Income depends on the Vehicles & Parts 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 Gajah Tunggal Tbk and its competitors. PT Gajah Tunggal Tbk's current Operating Income is Rp2,156,978 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Gajah Tunggal Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Gajah Tunggal Tbk (ISX:GJTL) is currently considered Modestly Overvalued. The stock's GF Value™ is Rp1,132.57, compared to a current price of Rp1,310.00 — trading 15.7% above its estimated fair value. The current Operating Income is Rp2,156,978 Mil. PT Gajah Tunggal Tbk's overall GF Score™ is 79/100 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 Gajah Tunggal Tbk (ISX:GJTL), the current Operating Income is Rp2,156,978 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 Gajah Tunggal Tbk (ISX:GJTL) Overvalued in 2026?

Based on GuruFocus' analysis, PT Gajah Tunggal Tbk stock appears to be overvalued. The current stock price of Rp1,310.00 is trading 15.7% above its estimated GF Value™ of Rp1,132.57. GuruFocus considers PT Gajah Tunggal Tbk to be Modestly Overvalued.

Key valuation signals for ISX:GJTL:

  • Operating Income: Rp2,156,978 Mil
  • GF Value™: Rp1,132.57 vs. price of Rp1,310.00 (15.7% above fair value)
  • GF Score™: 79/100 with 4 warning signs

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


PT Gajah Tunggal Tbk Business Description

Address Jalan Hayam Wuruk No. 8, Wisma Hayam Wuruk 10th Floor, Jakarta, IDN, 10120
PT Gajah Tunggal Tbk is a tire manufacturer in Indonesia. Its reportable segments are Manufacturing of tyre (tyre); Manufacturing of tyre cord (tyre cord); Manufacturing of synthetic rubber (synthetic rubber); Manufacturing of nylon yarn (nylon yarn); and Others. The tires are used for passenger and commercial vehicles, which include passenger cars, trucks, buses, motorcycles, and others.
79GF Score

Get the complete analysis for ISX:GJTL

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

Rp1,310.00
Price
Rp1,132.57
GF Value