PT Indonesia Kendaraan Terminal Tbk (ISX:IPCC) Operating Income: Rp306,439 Mil (TTM As of Mar. 2026)


ISX:IPCC PT Indonesia Kendaraan Terminal Tbk ISX:IPCC
94 GF Score
Price Rp1,205.00
GF Value Rp910.53
Valuation Significantly Overvalued
! 1 Warning Sign
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What is PT Indonesia Kendaraan Terminal Tbk Operating Income?

PT Indonesia Kendaraan Terminal Tbk ISX:IPCC +2.55% 94 Operating Income is Rp306,439 Mil as of Mar. 2026. GuruFocus rates ISX:IPCC with a GF Score™ of 94/100 and a GF Value™ of Rp910.53 (Significantly Overvalued). The stock has 1 warning sign investors should review.

PT Indonesia Kendaraan Terminal Tbk's Operating Income for the three months ended in Mar. 2026 was Rp67,546 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2026 was Rp306,439 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. PT Indonesia Kendaraan Terminal Tbk's Operating Income for the three months ended in Mar. 2026 was Rp67,546 Mil. PT Indonesia Kendaraan Terminal Tbk's Revenue for the three months ended in Mar. 2026 was Rp202,207 Mil. Therefore, PT Indonesia Kendaraan Terminal Tbk's Operating Margin % for the quarter that ended in Mar. 2026 was 33.40%.

Good Sign:

PT Indonesia Kendaraan Terminal Tbk operating margin is expanding. Margin expansion is usually a good sign.

PT Indonesia Kendaraan Terminal Tbk's 5-Year average Growth Rate for Operating Margin % was 110.50% per year.

Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. PT Indonesia Kendaraan Terminal Tbk's annualized ROC % for the quarter that ended in Mar. 2026 was 20.13%. PT Indonesia Kendaraan Terminal Tbk's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 38.13%.


PT Indonesia Kendaraan Terminal Tbk  (ISX:IPCC) Operating Income Explanation

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

PT Indonesia Kendaraan Terminal 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 )
=270185.388 * ( 1 - 23.29% )/( (1044078.022 + 1015105.734)/ 2 )
=207259.2111348/1029591.878
=20.13 %

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))
=2058232.018 - 119511.26 - ( 1082282.254 - max(0, 276564.623 - 1171207.359+1082282.254))
=1044078.022

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))
=2039835.02 - 49943.122 - ( 1102777.56 - max(0, 205355.895 - 1180142.059+1102777.56))
=1015105.734

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 Indonesia Kendaraan Terminal 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 )
=311511.252/( ( (829179.71 + max(-146535.474, 0)) + (804877.469 + max(-77346.198, 0)) )/ 2 )
=311511.252/( ( 829179.71 + 804877.469 )/ 2 )
=311511.252/817028.5895
=38.13 %

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)
=(70516.315 + 0 + 3889.1440000001) - (119511.26 + 0 + 101429.673)
=-146535.474

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(53036.618 + 0 + 10317.789) - (49943.122 + 0 + 90757.483)
=-77346.198

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 Indonesia Kendaraan Terminal 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 )
=67546.347/202206.984
=33.40 %

* 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 Indonesia Kendaraan Terminal Tbk Operating Income Related Terms


PT Indonesia Kendaraan Terminal Tbk Operating Income Historical Data

* Premium members only.

The historical data trend for PT Indonesia Kendaraan Terminal 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 Indonesia Kendaraan Terminal Tbk Operating Income Chart

PT Indonesia Kendaraan Terminal Tbk Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Operating Income
Get a 7-Day Free Trial Premium Member Only 111,022.45 248,087.10 245,742.30 257,653.92 299,873.84

PT Indonesia Kendaraan Terminal 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 60,981.39 70,692.56 95,504.64 72,695.25 67,546.35
ISX:IPCC
94GF Score
PT Indonesia Kendaraan Terminal Tbk ISX:IPCC
Operating Income is just one metric. See GF Score™, valuation, warning signs, and more.
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PT Indonesia Kendaraan Terminal 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 Rp306,439 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 Rp306,439 Mil mean?
PT Indonesia Kendaraan Terminal Tbk (ISX:IPCC) has a Operating Income of Rp306,439 Mil as of Mar. 2026. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on PT Indonesia Kendaraan Terminal Tbk and its competitors.
Is PT Indonesia Kendaraan Terminal Tbk's Operating Income too high?
PT Indonesia Kendaraan Terminal Tbk's current Operating Income is Rp306,439 Mil. Overall, PT Indonesia Kendaraan Terminal Tbk has a GF Score™ of 94/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does PT Indonesia Kendaraan Terminal Tbk's Operating Income compare to UPS and FDX?
PT Indonesia Kendaraan Terminal Tbk's Operating Income of Rp306,439 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 Indonesia Kendaraan Terminal Tbk and its competitors. PT Indonesia Kendaraan Terminal Tbk's current Operating Income is Rp306,439 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Indonesia Kendaraan Terminal Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Indonesia Kendaraan Terminal Tbk (ISX:IPCC) is currently considered Significantly Overvalued. The stock's GF Value™ is Rp910.53, compared to a current price of Rp1,205.00 — trading 32.3% above its estimated fair value. The current Operating Income is Rp306,439 Mil. PT Indonesia Kendaraan Terminal Tbk's overall GF Score™ is 94/100 with 1 warning sign 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 Indonesia Kendaraan Terminal Tbk (ISX:IPCC), the current Operating Income is Rp306,439 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 Indonesia Kendaraan Terminal Tbk (ISX:IPCC) Overvalued in 2026?

Based on GuruFocus' analysis, PT Indonesia Kendaraan Terminal Tbk stock appears to be overvalued. The current stock price of Rp1,205.00 is trading 32.3% above its estimated GF Value™ of Rp910.53. GuruFocus considers PT Indonesia Kendaraan Terminal Tbk to be Significantly Overvalued.

Key valuation signals for ISX:IPCC:

  • Operating Income: Rp306,439 Mil
  • GF Value™: Rp910.53 vs. price of Rp1,205.00 (32.3% above fair value)
  • GF Score™: 94/100 with 1 warning sign

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


PT Indonesia Kendaraan Terminal Tbk Business Description

Address Jalan Sindang Laut No.100, Cilincing, Jakarta Utara, IDN, 14110
PT Indonesia Kendaraan Terminal Tbk is an Indonesia-based company that engages in the provision of vehicle terminal services and goods services. The company offers stevedoring, cargodoring, receiving, delivery, terminal Handling, value-added services, sea toll Services, and other loading and unloading services. The company operates in two segments namely terminal services & cargo services; miscellaneous, facilities & utility services, and non-segment, from which, terminal services & cargo services account for the majority of the revenue. The company's geographical segments include Jakarta, North Sumatra, South Sulawes, West Kalimatan, East Kalimatan, South Kalimatan, and East Java, out of which the majority of the revenue is generated from Jakarta.
94GF Score

Get the complete analysis for ISX:IPCC

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

Rp1,205.00
Price
Rp910.53
GF Value