PT Tigaraksatria Tbk (ISX:TGKA) Operating Income: Rp449,352 Mil (TTM As of Jun. 2026)

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ISX:TGKA PT Tigaraksa Satria Tbk ISX:TGKA
73 GF Score
Price Rp4,810.00
GF Value Rp6,214.81
Valuation Modestly Undervalued
! 4 Warning Signs
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What is PT Tigaraksatria Tbk Operating Income?

PT Tigaraksatria Tbk ISX:TGKA +0.21% 73 Operating Income is Rp449,352 Mil as of Jun. 2026. GuruFocus rates ISX:TGKA with a GF Score™ of 73/100 and a GF Value™ of Rp6,214.81 (Modestly Undervalued). The stock has 4 warning signs investors should review.

PT Tigaraksatria Tbk's Operating Income for the three months ended in Jun. 2026 was Rp96,746 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Jun. 2026 was Rp449,352 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. PT Tigaraksatria Tbk's Operating Income for the three months ended in Jun. 2026 was Rp96,746 Mil. PT Tigaraksatria Tbk's Revenue for the three months ended in Jun. 2026 was Rp3,525,826 Mil. Therefore, PT Tigaraksatria Tbk's Operating Margin % for the quarter that ended in Jun. 2026 was 2.74%.

Warning Sign:

PT Tigaraksa Satria Tbk operating margin has been in a 5-year decline. The average rate of decline per year is -8.9%.

PT Tigaraksatria Tbk's 5-Year average Growth Rate for Operating Margin % was -8.90% per year.

Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. PT Tigaraksatria Tbk's annualized ROC % for the quarter that ended in Jun. 2026 was 14.05%. PT Tigaraksatria Tbk's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2026 was 34.31%.


PT Tigaraksatria Tbk  (ISX:TGKA) Operating Income Explanation

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

PT Tigaraksatria 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 )
=386984 * ( 1 - 19.68% )/( (2279646 + 2144379)/ 2 )
=310825.5488/2212012.5
=14.05 %

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))
=5120002 - 2003881 - ( 836475 - max(0, 2181424 - 4326068+836475))
=2279646

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))
=4991385 - 2073695 - ( 773311 - max(0, 2230532 - 4188568+773311))
=2144379

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 Tigaraksatria 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 )
=460456/( ( (485824 + max(857824, 0)) + (476018 + max(864353, 0)) )/ 2 )
=460456/( ( 1343648 + 1340371 )/ 2 )
=460456/1342009.5
=34.31 %

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)
=(1562578 + 1361673 + 29677) - (2003881 + 0 + 92223)
=857824

Working Capital(Q: Jun. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1531390 + 1439273 + 43817) - (2073695 + 0 + 76432)
=864353

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 Tigaraksatria 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 )
=96746/3525826
=2.74 %

* 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 Tigaraksatria Tbk Operating Income Related Terms


PT Tigaraksatria Tbk Operating Income Historical Data

* Premium members only.

The historical data trend for PT Tigaraksatria 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 Tigaraksatria Tbk Operating Income Chart

PT Tigaraksatria 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 593,893.40 560,698.00 527,653.00 437,570.00 431,433.00

PT Tigaraksatria 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 87,927.00 76,297.00 156,724.00 119,585.00 96,746.00
ISX:TGKA
73GF Score
PT Tigaraksa Satria Tbk ISX:TGKA
Operating Income is just one metric. See GF Score™, valuation, warning signs, and more.
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PT Tigaraksatria 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 Rp449,352 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 Rp449,352 Mil mean?
PT Tigaraksatria Tbk (ISX:TGKA) has a Operating Income of Rp449,352 Mil as of Jun. 2026. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on PT Tigaraksatria Tbk and its competitors.
Is PT Tigaraksatria Tbk's Operating Income too high?
PT Tigaraksatria Tbk's current Operating Income is Rp449,352 Mil. Overall, PT Tigaraksatria Tbk has a GF Score™ of 73/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does PT Tigaraksatria Tbk's Operating Income compare to SYY and USFD?
PT Tigaraksatria Tbk's Operating Income of Rp449,352 Mil can be compared against companies in the Retail - Defensive 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 Retail - Defensive company?
A good Operating Income depends on the Retail - Defensive 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 Tigaraksatria Tbk and its competitors. PT Tigaraksatria Tbk's current Operating Income is Rp449,352 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Tigaraksatria Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Tigaraksatria Tbk (ISX:TGKA) is currently considered Modestly Undervalued. The stock's GF Value™ is Rp6,214.81, compared to a current price of Rp4,810.00 — trading 22.6% below its estimated fair value. The current Operating Income is Rp449,352 Mil. PT Tigaraksatria Tbk's overall GF Score™ is 73/100 with 4 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 Tigaraksatria Tbk (ISX:TGKA), the current Operating Income is Rp449,352 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 Tigaraksatria Tbk (ISX:TGKA) Overvalued in 2026?

Based on GuruFocus' analysis, PT Tigaraksatria Tbk stock appears to be undervalued. The current stock price of Rp4,810.00 is trading 22.6% below its estimated GF Value™ of Rp6,214.81. GuruFocus considers PT Tigaraksatria Tbk to be Modestly Undervalued.

Key valuation signals for ISX:TGKA:

  • Operating Income: Rp449,352 Mil
  • GF Value™: Rp6,214.81 vs. price of Rp4,810.00 (22.6% below fair value)
  • GF Score™: 73/100 with 4 warning signs

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


PT Tigaraksatria Tbk Business Description

Address Jalan Rasuna Said Kav. B-9, Menara Duta, 2nd & 4th Floors, Setiabudi, South Jakarta, Jakarta, IDN, 12910
PT Tigaraksa Satria Tbk is engaged in the business of the sale and distribution of fast-moving consumer products (FMCP). The company operates through three divisions, namely Food & consumer products, Gas (LPG) and other kitchen appliances, and Books. The divisions of the company are involved in the manufacturing and distribution of food and consumer products such as milk and nutritional baby products, gas stoves, gas refill services, blenders, rice cookers, educational and science books, and many more. The majority of its revenue comes from the Food & consumer products segment.
73GF Score

Get the complete analysis for ISX:TGKA

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

Rp4,810.00
Price
Rp6,214.81
GF Value