PT MDTV Media Technologies Tbk (ISX:NETV) Operating Income: Rp-189,286 Mil (TTM As of Mar. 2026)


ISX:NETV PT MDTV Media Technologies Tbk ISX:NETV
33 GF Score
Price Rp50.00
GF Value Rp16.51
Valuation Significantly Overvalued
! 5 Warning Signs
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What is PT MDTV Media Technologies Tbk Operating Income?

PT MDTV Media Technologies Tbk ISX:NETV -3.85% 33 Operating Income is Rp-189,286 Mil as of Mar. 2026. GuruFocus rates ISX:NETV with a GF Score™ of 33/100 and a GF Value™ of Rp16.51 (Significantly Overvalued). The stock has 5 warning signs investors should review.

PT MDTV Media Technologies Tbk's Operating Income for the three months ended in Mar. 2026 was Rp-24,692 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2026 was Rp-189,286 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. PT MDTV Media Technologies Tbk's Operating Income for the three months ended in Mar. 2026 was Rp-24,692 Mil. PT MDTV Media Technologies Tbk's Revenue for the three months ended in Mar. 2026 was Rp26,365 Mil. Therefore, PT MDTV Media Technologies Tbk's Operating Margin % for the quarter that ended in Mar. 2026 was -93.65%.

Warning Sign:

PT MDTV Media Technologies Tbk operating margin has been in a 5-year decline. The average rate of decline per year is -79.1%.

PT MDTV Media Technologies Tbk's 5-Year average Growth Rate for Operating Margin % was -79.10% per year.

Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. PT MDTV Media Technologies Tbk's annualized ROC % for the quarter that ended in Mar. 2026 was -12.69%. PT MDTV Media Technologies Tbk's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was -20.97%.

PT MDTV Media Technologies Tbk  (ISX:NETV) Operating Income Explanation

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

PT MDTV Media Technologies 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 )
=-98769.164 * ( 1 - 0.84% )/( (774011.66 + 769016.948)/ 2 )
=-97939.5030224/771514.304
=-12.69 %

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))
=857505.744 - 49738.9 - ( 33755.184 - max(0, 451803.056 - 547274.286+33755.184))
=774011.66

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))
=841730.478 - 57385.479 - ( 15328.051 - max(0, 460577.562 - 534359.104+15328.051))
=769016.948

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 MDTV Media Technologies 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 )
=-98392.048/( ( (16899.028 + max(454200.436, 0)) + (16194.361 + max(450897.405, 0)) )/ 2 )
=-98392.048/( ( 471099.464 + 467091.766 )/ 2 )
=-98392.048/469095.615
=-20.97 %

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)
=(20026.946 + 466704.997 + 26694.909) - (49738.9 + 0 + 9487.5159999999)
=454200.436

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(27174.615 + 462164.409 + 29559.303) - (57385.479 + 0 + 10615.443)
=450897.405

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 MDTV Media Technologies 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 )
=-24692.291/26365.465
=-93.65 %

* 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 MDTV Media Technologies Tbk Operating Income Related Terms

PT MDTV Media Technologies Tbk Operating Income Historical Data

* Premium members only.

The historical data trend for PT MDTV Media Technologies 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 MDTV Media Technologies Tbk Operating Income Chart

PT MDTV Media Technologies Tbk Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Operating Income
Get a 7-Day Free Trial -57,400.99 -46,060.87 -239,435.36 -225,457.23 -227,229.38

PT MDTV Media Technologies 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 -62,635.36 -59,958.02 -45,254.95 -59,381.06 -24,692.29
ISX:NETV
33GF Score
PT MDTV Media Technologies Tbk ISX:NETV
Operating Income is just one metric. See GF Score™, valuation, warning signs, and more.
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PT MDTV Media Technologies 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 Rp-189,286 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 Rp-189,286 Mil mean?
PT MDTV Media Technologies Tbk (ISX:NETV) has a Operating Income of Rp-189,286 Mil as of Mar. 2026. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on PT MDTV Media Technologies Tbk and its competitors.
Is PT MDTV Media Technologies Tbk's Operating Income too high?
PT MDTV Media Technologies Tbk's current Operating Income is Rp-189,286 Mil. Overall, PT MDTV Media Technologies Tbk has a GF Score™ of 33/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does PT MDTV Media Technologies Tbk's Operating Income compare to NXST?
PT MDTV Media Technologies Tbk's Operating Income of Rp-189,286 Mil can be compared against companies in the Media - Diversified 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 Media - Diversified company?
A good Operating Income depends on the Media - Diversified 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 MDTV Media Technologies Tbk and its competitors. PT MDTV Media Technologies Tbk's current Operating Income is Rp-189,286 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT MDTV Media Technologies Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT MDTV Media Technologies Tbk (ISX:NETV) is currently considered Significantly Overvalued. The stock's GF Value™ is Rp16.51, compared to a current price of Rp50.00 — trading 202.8% above its estimated fair value. The current Operating Income is Rp-189,286 Mil. PT MDTV Media Technologies Tbk's overall GF Score™ is 33/100 with 5 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 MDTV Media Technologies Tbk (ISX:NETV), the current Operating Income is Rp-189,286 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 MDTV Media Technologies Tbk (ISX:NETV) Overvalued in 2026?

Based on GuruFocus' analysis, PT MDTV Media Technologies Tbk stock appears to be overvalued. The current stock price of Rp50.00 is trading 202.8% above its estimated GF Value™ of Rp16.51. GuruFocus considers PT MDTV Media Technologies Tbk to be Significantly Overvalued.

Key valuation signals for ISX:NETV:

  • Operating Income: Rp-189,286 Mil
  • GF Value™: Rp16.51 vs. price of Rp50.00 (202.8% above fair value)
  • GF Score™: 33/100 with 5 warning signs

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

PT MDTV Media Technologies Tbk Business Description

Address Jl. Setiabudi Selatan No. 7, MD Place Tower I Lt. 2, Setiabudi, Jakarta, IDN, 12910
PT MDTV Media Technologies Tbk, formerly PT Net Visi Media Tbk, is a holding company. Along with its subsidiaries, it carries out business activities in the media industry. It is engaged in Artist Management, Television Broadcasting, Content Production, and Digital Media. The company has only one main business segment, namely Media.
33GF Score

Get the complete analysis for ISX:NETV

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

Rp50.00
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GF Value