PT Sejahteraraya Anugrahjaya Tbk (ISX:SRAJ) Operating Income: Rp36,789 Mil (TTM As of Jun. 2026)

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ISX:SRAJ PT Sejahteraraya Anugrahjaya Tbk ISX:SRAJ
64 GF Score
Price Rp13,300.00
GF Value Rp3,220.53
Valuation Significantly Overvalued
! 1 Warning Sign
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What is PT Sejahteraraya Anugrahjaya Tbk Operating Income?

PT Sejahteraraya Anugrahjaya Tbk ISX:SRAJ -0.75% 64 Operating Income is Rp36,789 Mil as of Jun. 2026. GuruFocus rates ISX:SRAJ with a GF Score™ of 64/100 and a GF Value™ of Rp3,220.53 (Significantly Overvalued). The stock has 1 warning sign investors should review.

PT Sejahteraraya Anugrahjaya Tbk's Operating Income for the three months ended in Jun. 2026 was Rp-10,307 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Jun. 2026 was Rp36,789 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. PT Sejahteraraya Anugrahjaya Tbk's Operating Income for the three months ended in Jun. 2026 was Rp-10,307 Mil. PT Sejahteraraya Anugrahjaya Tbk's Revenue for the three months ended in Jun. 2026 was Rp657,127 Mil. Therefore, PT Sejahteraraya Anugrahjaya Tbk's Operating Margin % for the quarter that ended in Jun. 2026 was -1.57%.

Good Sign:

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

PT Sejahteraraya Anugrahjaya Tbk's 5-Year average Growth Rate for Operating Margin % was 10.80% per year.

Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. PT Sejahteraraya Anugrahjaya Tbk's annualized ROC % for the quarter that ended in Jun. 2026 was -0.68%. PT Sejahteraraya Anugrahjaya Tbk's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2026 was -5.12%.


PT Sejahteraraya Anugrahjaya Tbk  (ISX:SRAJ) Operating Income Explanation

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

PT Sejahteraraya Anugrahjaya 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 )
=-41228 * ( 1 - 6.06% )/( (5617521 + 5782384)/ 2 )
=-38729.5832/5699952.5
=-0.68 %

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))
=7536726 - 1217350 - ( 1589719 - max(0, 1544259 - 2246114+1589719))
=5617521

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))
=7621754 - 1216933 - ( 1530185 - max(0, 1563919 - 2186356+1530185))
=5782384

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 Sejahteraraya Anugrahjaya 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 )
=-247160/( ( (4764124 + max(-747599, 0)) + (4899242 + max(-769112, 0)) )/ 2 )
=-247160/( ( 4764124 + 4899242 )/ 2 )
=-247160/4831683
=-5.12 %

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)
=(494861 + 66622 + 75151) - (1217350 + 0 + 166883)
=-747599

Working Capital(Q: Jun. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(502353 + 67583 + 66836) - (1216933 + 0 + 188951)
=-769112

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 Sejahteraraya Anugrahjaya 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 )
=-10307/657127
=-1.57 %

* 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 Sejahteraraya Anugrahjaya Tbk Operating Income Related Terms


PT Sejahteraraya Anugrahjaya Tbk Operating Income Historical Data

* Premium members only.

The historical data trend for PT Sejahteraraya Anugrahjaya 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 Sejahteraraya Anugrahjaya Tbk Operating Income Chart

PT Sejahteraraya Anugrahjaya 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 230,895.26 35,380.00 109,101.00 175,093.00 89,979.00

PT Sejahteraraya Anugrahjaya 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 2,483.00 57,811.00 27.00 -10,742.00 -10,307.00
ISX:SRAJ
64GF Score
PT Sejahteraraya Anugrahjaya Tbk ISX:SRAJ
Operating Income is just one metric. See GF Score™, valuation, warning signs, and more.
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PT Sejahteraraya Anugrahjaya 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 Rp36,789 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 Rp36,789 Mil mean?
PT Sejahteraraya Anugrahjaya Tbk (ISX:SRAJ) has a Operating Income of Rp36,789 Mil as of Jun. 2026. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on PT Sejahteraraya Anugrahjaya Tbk and its competitors.
Is PT Sejahteraraya Anugrahjaya Tbk's Operating Income too high?
PT Sejahteraraya Anugrahjaya Tbk's current Operating Income is Rp36,789 Mil. Overall, PT Sejahteraraya Anugrahjaya Tbk has a GF Score™ of 64/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does PT Sejahteraraya Anugrahjaya Tbk's Operating Income compare to HCA and THC?
PT Sejahteraraya Anugrahjaya Tbk's Operating Income of Rp36,789 Mil can be compared against companies in the Healthcare Providers & Services 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 Healthcare Providers & Services company?
A good Operating Income depends on the Healthcare Providers & Services 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 Sejahteraraya Anugrahjaya Tbk and its competitors. PT Sejahteraraya Anugrahjaya Tbk's current Operating Income is Rp36,789 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Sejahteraraya Anugrahjaya Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Sejahteraraya Anugrahjaya Tbk (ISX:SRAJ) is currently considered Significantly Overvalued. The stock's GF Value™ is Rp3,220.53, compared to a current price of Rp13,300.00 — trading 313% above its estimated fair value. The current Operating Income is Rp36,789 Mil. PT Sejahteraraya Anugrahjaya Tbk's overall GF Score™ is 64/100 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 Sejahteraraya Anugrahjaya Tbk (ISX:SRAJ), the current Operating Income is Rp36,789 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 Sejahteraraya Anugrahjaya Tbk (ISX:SRAJ) Overvalued in 2026?

Based on GuruFocus' analysis, PT Sejahteraraya Anugrahjaya Tbk stock appears to be overvalued. The current stock price of Rp13,300.00 is trading 313% above its estimated GF Value™ of Rp3,220.53. GuruFocus considers PT Sejahteraraya Anugrahjaya Tbk to be Significantly Overvalued.

Key valuation signals for ISX:SRAJ:

  • Operating Income: Rp36,789 Mil
  • GF Value™: Rp3,220.53 vs. price of Rp13,300.00 (313% above fair value)
  • GF Score™: 64/100 with 1 warning sign

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


PT Sejahteraraya Anugrahjaya Tbk Business Description

Address Jalan Honoris Raya Kav. 6, Kota Modern (Modernland), Kelapa Indah, Banten, Tangerang, IDN, 15117
PT Sejahteraraya Anugrahjaya Tbk operates hospitals and offers health care services. The company provides healthcare services encompassing medical services, supporting medical services, outpatient care, inpatient care, and emergency services. In addition, the company also delivers hospital management and operational services. It classifies its revenues into two main business activities, namely inpatient services and outpatient services. The majority of revenue is derived from the inpatient services business. The company is divided into four geographical areas: namely DKI Jakarta, Banten, West Java, and East Java.
64GF Score

Get the complete analysis for ISX:SRAJ

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

Rp13,300.00
Price
Rp3,220.53
GF Value