PT Telefast Indonesia Tbk (ISX:TFAS) Operating Income: Rp308 Mil (TTM As of Mar. 2026)

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ISX:TFAS PT Telefast Indonesia Tbk ISX:TFAS
70 GF Score
Price Rp180.00
GF Value Rp164.78
Valuation Fairly Valued
! 6 Warning Signs
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What is PT Telefast Indonesia Tbk Operating Income?

PT Telefast Indonesia Tbk ISX:TFAS +0.56% 70 Operating Income is Rp308 Mil as of Mar. 2026. GuruFocus rates ISX:TFAS with a GF Score™ of 70/100 and a GF Value™ of Rp164.78 (Fairly Valued). The stock has 6 warning signs investors should review.

PT Telefast Indonesia Tbk's Operating Income for the three months ended in Mar. 2026 was Rp748 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2026 was Rp308 Mil.

Warning Sign:

PT Telefast Indonesia Tbk had lost money in 50% of the time over the past 12quarters.

Operating Margin % is calculated as Operating Income divided by its Revenue. PT Telefast Indonesia Tbk's Operating Income for the three months ended in Mar. 2026 was Rp748 Mil. PT Telefast Indonesia Tbk's Revenue for the three months ended in Mar. 2026 was Rp109,811 Mil. Therefore, PT Telefast Indonesia Tbk's Operating Margin % for the quarter that ended in Mar. 2026 was 0.68%.

PT Telefast Indonesia 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 Telefast Indonesia Tbk's annualized ROC % for the quarter that ended in Mar. 2026 was 1.41%. PT Telefast Indonesia Tbk's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 2.63%.


PT Telefast Indonesia Tbk  (ISX:TFAS) Operating Income Explanation

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

PT Telefast Indonesia 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 )
=2993.832 * ( 1 - 0% )/( (209240.034 + 214454.506)/ 2 )
=2993.832/211847.27
=1.41 %

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))
=211666.224 - 106.786 - ( 2319.404 - max(0, 40615.735 - 191588.613+2319.404))
=209240.034

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))
=216979.247 - 214.196 - ( 2310.545 - max(0, 45274.719 - 197044.647+2310.545))
=214454.506

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 Telefast Indonesia 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 )
=4612.888/( ( (1200.361 + max(171628.651, 0)) + (1163.851 + max(176538.691, 0)) )/ 2 )
=4612.888/( ( 172829.012 + 177702.542 )/ 2 )
=4612.888/175265.777
=2.63 %

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)
=(27780.57 + 83481.094 + 60796.189) - (106.786 + 0 + 322.416)
=171628.651

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(27800.769 + 87677.485 + 61656.586) - (214.196 + 0 + 381.95299999999)
=176538.691

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 Telefast Indonesia 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 )
=748.458/109811.021
=0.68 %

* 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 Telefast Indonesia Tbk Operating Income Related Terms


PT Telefast Indonesia Tbk Operating Income Historical Data

* Premium members only.

The historical data trend for PT Telefast Indonesia 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 Telefast Indonesia Tbk Operating Income Chart

PT Telefast Indonesia 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 10,408.40 6,046.65 7,891.03 -4,970.83 -776.97

PT Telefast Indonesia 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 -336.54 -706.52 -301.28 567.36 748.46
ISX:TFAS
70GF Score
PT Telefast Indonesia Tbk ISX:TFAS
Operating Income is just one metric. See GF Score™, valuation, warning signs, and more.
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PT Telefast Indonesia 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 Rp308 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 Rp308 Mil mean?
PT Telefast Indonesia Tbk (ISX:TFAS) has a Operating Income of Rp308 Mil as of Mar. 2026. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on PT Telefast Indonesia Tbk and its competitors.
Is PT Telefast Indonesia Tbk's Operating Income too high?
PT Telefast Indonesia Tbk's current Operating Income is Rp308 Mil. Overall, PT Telefast Indonesia Tbk has a GF Score™ of 70/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does PT Telefast Indonesia Tbk's Operating Income compare to KFY and RHI?
PT Telefast Indonesia Tbk's Operating Income of Rp308 Mil can be compared against companies in the Business 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 Business Services company?
A good Operating Income depends on the Business 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 Telefast Indonesia Tbk and its competitors. PT Telefast Indonesia Tbk's current Operating Income is Rp308 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Telefast Indonesia Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Telefast Indonesia Tbk (ISX:TFAS) is currently considered Fairly Valued. The stock's GF Value™ is Rp164.78, compared to a current price of Rp180.00 — trading 9.2% above its estimated fair value. The current Operating Income is Rp308 Mil. PT Telefast Indonesia Tbk's overall GF Score™ is 70/100 with 6 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 Telefast Indonesia Tbk (ISX:TFAS), the current Operating Income is Rp308 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 Telefast Indonesia Tbk (ISX:TFAS) Overvalued in 2026?

Based on GuruFocus' analysis, PT Telefast Indonesia Tbk stock appears to be overvalued. The current stock price of Rp180.00 is trading 9.2% above its estimated GF Value™ of Rp164.78. GuruFocus considers PT Telefast Indonesia Tbk to be Fairly Valued.

Key valuation signals for ISX:TFAS:

  • Operating Income: Rp308 Mil
  • GF Value™: Rp164.78 vs. price of Rp180.00 (9.2% above fair value)
  • GF Score™: 70/100 with 6 warning signs

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


PT Telefast Indonesia Tbk Business Description

Address Jalan. Prof. DR. Satrio No. 65, Mall Ambasador 5th Floor, No. 5, Karet Kuningan, Setiabudi, Jakarta, IDN, 12940
PT Telefast Indonesia Tbk is engaged in digital product distribution and network-based services. The Group manages and evaluates its operations based on the business segment that consists of Digital products and Digital services. The Company operates through a partner network spread across various regions and has expanded its business activities into network-based logistics through the development of a drop point network. The Digital products segment generates the majority of the Group's revenue. The Company conducts digital product distribution activities, particularly telecommunications products such as prepaid credit and data packages, through an outlet network spread across various regions. The Company manages more than 7,000 active outlets across 5 regional clusters in Java Island.
70GF Score

Get the complete analysis for ISX:TFAS

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

Rp180.00
Price
Rp164.78
GF Value