PT Pancaranmudera Transport Tbk (ISX:PSAT) Operating Income: Rp-10,540 Mil (TTM As of Mar. 2026)

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ISX:PSAT PT Pancaran Samudera Transport Tbk ISX:PSAT
11 GF Score
Price Rp845.00
! 2 Warning Signs
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What is PT Pancaranmudera Transport Tbk Operating Income?

PT Pancaranmudera Transport Tbk ISX:PSAT -1.17% 11 Operating Income is Rp-10,540 Mil as of Mar. 2026. GuruFocus rates ISX:PSAT with a GF Score™ of 11/100. The stock has 2 warning signs investors should review.

PT Pancaranmudera Transport Tbk's Operating Income for the three months ended in Mar. 2026 was Rp9,383 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2026 was Rp-10,540 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. PT Pancaranmudera Transport Tbk's Operating Income for the three months ended in Mar. 2026 was Rp9,383 Mil. PT Pancaranmudera Transport Tbk's Revenue for the three months ended in Mar. 2026 was Rp187,086 Mil. Therefore, PT Pancaranmudera Transport Tbk's Operating Margin % for the quarter that ended in Mar. 2026 was 5.02%.

PT Pancaranmudera Transport 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 Pancaranmudera Transport Tbk's annualized ROC % for the quarter that ended in Mar. 2026 was 1.35%. PT Pancaranmudera Transport Tbk's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 4.23%.

PT Pancaranmudera Transport Tbk  (ISX:PSAT) Operating Income Explanation

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

PT Pancaranmudera Transport 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 )
=37531.544 * ( 1 - 44.23% )/( (1562432.351 + 1535658.082)/ 2 )
=20931.3420888/1549045.2165
=1.35 %

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))
=1686666.322 - 57646.266 - ( 66587.705 - max(0, 247819.779 - 516895.324+66587.705))
=1562432.351

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))
=1675345.608 - 72881.403 - ( 66806.123 - max(0, 232473.92 - 511640.237+66806.123))
=1535658.082

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 Pancaranmudera Transport 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 )
=57752.072/( ( (1166170.998 + max(181137.884, 0)) + (1160105.371 + max(221549.42, 0)) )/ 2 )
=57752.072/( ( 1347308.882 + 1381654.791 )/ 2 )
=57752.072/1364481.8365
=4.23 %

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)
=(106751.193 + 165727.125 + 55980.19) - (57646.266 + 0 + 89674.358)
=181137.884

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(108986.814 + 201100.339 + 50049.429) - (72881.403 + 0 + 65705.759)
=221549.42

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 Pancaranmudera Transport 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 )
=9382.886/187085.918
=5.02 %

* 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 Pancaranmudera Transport Tbk Operating Income Related Terms

PT Pancaranmudera Transport Tbk Operating Income Historical Data

* Premium members only.

The historical data trend for PT Pancaranmudera Transport 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 Pancaranmudera Transport Tbk Operating Income Chart

PT Pancaranmudera Transport Tbk Annual Data
Trend Dec22 Dec23 Dec24 Dec25
Operating Income
189,889.06 273,839.92 250,488.50 38,076.04

PT Pancaranmudera Transport Tbk Quarterly Data
Dec22 Dec23 Dec24 Mar25 Sep25 Dec25 Mar26
Operating Income Get a 7-Day Free Trial 72,935.33 64,335.50 0.00 -19,922.96 9,382.89
ISX:PSAT
11GF Score
PT Pancaran Samudera Transport Tbk ISX:PSAT
Operating Income is just one metric. See GF Score™, valuation, warning signs, and more.
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PT Pancaranmudera Transport 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-10,540 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-10,540 Mil mean?
PT Pancaranmudera Transport Tbk (ISX:PSAT) has a Operating Income of Rp-10,540 Mil as of Mar. 2026. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on PT Pancaranmudera Transport Tbk and its competitors.
Is PT Pancaranmudera Transport Tbk's Operating Income too high?
PT Pancaranmudera Transport Tbk's current Operating Income is Rp-10,540 Mil. Overall, PT Pancaranmudera Transport Tbk has a GF Score™ of 11/100, reflecting its overall financial health beyond just this single metric.
How does PT Pancaranmudera Transport Tbk's Operating Income compare to competitors?
PT Pancaranmudera Transport Tbk's Operating Income of Rp-10,540 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 Pancaranmudera Transport Tbk and its competitors. PT Pancaranmudera Transport Tbk's current Operating Income is Rp-10,540 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Pancaranmudera Transport Tbk stock overvalued right now?
PT Pancaranmudera Transport Tbk (ISX:PSAT) has a current Operating Income of Rp-10,540 Mil. The current Operating Income is Rp-10,540 Mil. PT Pancaranmudera Transport Tbk's overall GF Score™ is 11/100 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 Pancaranmudera Transport Tbk (ISX:PSAT), the current Operating Income is Rp-10,540 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.

PT Pancaranmudera Transport Tbk Business Description

Address Jalan Boulevard Raya Kav. 1, Gedung Kirana Three (Bellatera) Lt. 11, Kelapa Gading, Jakarta Utara, IDN, 14240
PT Pancaran Samudera Transport Tbk is engaged in the field of Domestic Sea Transportation for General Goods and Domestic Sea Transportation for Special Goods. The Company has approximately 36 (thirty-six) tugboat units used to assist other ships in maneuvering, anchoring, or sailing in narrow waters or with strong currents, 29 (twenty-nine) barges to transport various types of cargo, including mining materials, sand, coal, and large items that are difficult to transport by land, and 2 (two) types of bulk carrier ships to transport goods in large quantities by sea, especially from transit ports to destination ports.
11GF Score

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

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