PT Ifishdeco Tbk (ISX:IFSH) Operating Income: Rp234,364 Mil (TTM As of Mar. 2026)

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ISX:IFSH PT Ifishdeco Tbk ISX:IFSH
89 GF Score
Price Rp1,190.00
GF Value Rp934.07
Valuation Modestly Overvalued
! 3 Warning Signs
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What is PT Ifishdeco Tbk Operating Income?

PT Ifishdeco Tbk ISX:IFSH +9.68% 89 Operating Income is Rp234,364 Mil as of Mar. 2026. GuruFocus rates ISX:IFSH with a GF Score™ of 89/100 and a GF Value™ of Rp934.07 (Modestly Overvalued). The stock has 3 warning signs investors should review.

PT Ifishdeco Tbk's Operating Income for the three months ended in Mar. 2026 was Rp51,525 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2026 was Rp234,364 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. PT Ifishdeco Tbk's Operating Income for the three months ended in Mar. 2026 was Rp51,525 Mil. PT Ifishdeco Tbk's Revenue for the three months ended in Mar. 2026 was Rp296,771 Mil. Therefore, PT Ifishdeco Tbk's Operating Margin % for the quarter that ended in Mar. 2026 was 17.36%.

Good Sign:

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

PT Ifishdeco Tbk's 5-Year average Growth Rate for Operating Margin % was 38.80% per year.

Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. PT Ifishdeco Tbk's annualized ROC % for the quarter that ended in Mar. 2026 was 5.28%. PT Ifishdeco Tbk's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 19.33%.


PT Ifishdeco Tbk  (ISX:IFSH) Operating Income Explanation

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

PT Ifishdeco 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 )
=206101.516 * ( 1 - 78.02% )/( (903720.841 + 811369.433)/ 2 )
=45301.1132168/857545.137
=5.28 %

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))
=1060783.954 - 44760.989 - ( 112302.124 - max(0, 116830.569 - 450951.487+112302.124))
=903720.841

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))
=1077493.275 - 90759.416 - ( 175364.426 - max(0, 140332.808 - 519945.304+175364.426))
=811369.433

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 Ifishdeco 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 )
=127317.332/( ( (500538.773 + max(195176.01, 0)) + (444510.993 + max(176857.718, 0)) )/ 2 )
=127317.332/( ( 695714.783 + 621368.711 )/ 2 )
=127317.332/658541.747
=19.33 %

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)
=(241575.74 + 21655.49 + 41576.138) - (44760.989 + 0 + 64870.369)
=195176.01

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(258419.692 + 788.948 + 51836.7) - (90759.416 + 0 + 43428.206)
=176857.718

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 Ifishdeco 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 )
=51525.379/296771.089
=17.36 %

* 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 Ifishdeco Tbk Operating Income Related Terms


PT Ifishdeco Tbk Operating Income Historical Data

* Premium members only.

The historical data trend for PT Ifishdeco 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 Ifishdeco Tbk Operating Income Chart

PT Ifishdeco Tbk Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Operating Income
Get a 7-Day Free Trial 78,986.72 159,856.12 287,582.52 152,631.48 202,322.64

PT Ifishdeco Tbk Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 19,484.44 -22,373.18 58,983.65 146,227.73 51,525.38
ISX:IFSH
89GF Score
PT Ifishdeco Tbk ISX:IFSH
Operating Income is just one metric. See GF Score™, valuation, warning signs, and more.
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PT Ifishdeco 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 Rp234,364 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 Rp234,364 Mil mean?
PT Ifishdeco Tbk (ISX:IFSH) has a Operating Income of Rp234,364 Mil as of Mar. 2026. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on PT Ifishdeco Tbk and its competitors.
Is PT Ifishdeco Tbk's Operating Income too high?
PT Ifishdeco Tbk's current Operating Income is Rp234,364 Mil. Overall, PT Ifishdeco Tbk has a GF Score™ of 89/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does PT Ifishdeco Tbk's Operating Income compare to competitors?
PT Ifishdeco Tbk's Operating Income of Rp234,364 Mil can be compared against companies in the Metals & Mining 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 Metals & Mining company?
A good Operating Income depends on the Metals & Mining 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 Ifishdeco Tbk and its competitors. PT Ifishdeco Tbk's current Operating Income is Rp234,364 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Ifishdeco Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Ifishdeco Tbk (ISX:IFSH) is currently considered Modestly Overvalued. The stock's GF Value™ is Rp934.07, compared to a current price of Rp1,190.00 — trading 27.4% above its estimated fair value. The current Operating Income is Rp234,364 Mil. PT Ifishdeco Tbk's overall GF Score™ is 89/100 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 Ifishdeco Tbk (ISX:IFSH), the current Operating Income is Rp234,364 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 Ifishdeco Tbk (ISX:IFSH) Overvalued in 2026?

Based on GuruFocus' analysis, PT Ifishdeco Tbk stock appears to be overvalued. The current stock price of Rp1,190.00 is trading 27.4% above its estimated GF Value™ of Rp934.07. GuruFocus considers PT Ifishdeco Tbk to be Modestly Overvalued.

Key valuation signals for ISX:IFSH:

  • Operating Income: Rp234,364 Mil
  • GF Value™: Rp934.07 vs. price of Rp1,190.00 (27.4% above fair value)
  • GF Score™: 89/100 with 3 warning signs

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


PT Ifishdeco Tbk Business Description

Address Jl. Jenderal Sudirman No. 86, Gedung Sahid Sudirman Center Lantai 42 F, Karet Tengsin, Tanah Abang, Jakarta Pusat, Jakarta, IDN, 10220
PT Ifishdeco Tbk is a nickel mining company with its primary business as a nickel mine concession owner. It conducts nickel mining, exploration, development, production, and marketing of nickel ore in Indonesia. It is an integrated nickel mining and smelting company that caters to both international and domestic clients. It undertakes all activities from mining, exploration, development, production, transportation, trading, and sales of nickel ore. Its segments include Nickel mining and processing, Silica mining, and Mining services and others.
89GF Score

Get the complete analysis for ISX:IFSH

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

Rp1,190.00
Price
Rp934.07
GF Value