PTrana Menara Nusantara Tbk (ISX:TOWR) Operating Income: Rp7,976,002 Mil (TTM As of Jun. 2026)

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ISX:TOWR PT Sarana Menara Nusantara Tbk ISX:TOWR
88 GF Score
Price Rp390.00
GF Value Rp600.46
Valuation Possible Value Trap
! 5 Warning Signs
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What is PTrana Menara Nusantara Tbk Operating Income?

PTrana Menara Nusantara Tbk ISX:TOWR -1.02% 88 Operating Income is Rp7,976,002 Mil as of Jun. 2026. GuruFocus rates ISX:TOWR with a GF Score™ of 88/100 and a GF Value™ of Rp600.46 (Possible Value Trap). The stock has 5 warning signs investors should review.

PTrana Menara Nusantara Tbk's Operating Income for the three months ended in Jun. 2026 was Rp2,014,488 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Jun. 2026 was Rp7,976,002 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. PTrana Menara Nusantara Tbk's Operating Income for the three months ended in Jun. 2026 was Rp2,014,488 Mil. PTrana Menara Nusantara Tbk's Revenue for the three months ended in Jun. 2026 was Rp3,649,790 Mil. Therefore, PTrana Menara Nusantara Tbk's Operating Margin % for the quarter that ended in Jun. 2026 was 55.19%.

Warning Sign:

PT Sarana Menara Nusantara Tbk operating margin has been in a 5-year decline. The average rate of decline per year is -2%.

PTrana Menara Nusantara Tbk's 5-Year average Growth Rate for Operating Margin % was -2.00% per year.

Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. PTrana Menara Nusantara Tbk's annualized ROC % for the quarter that ended in Jun. 2026 was 5.40%. PTrana Menara Nusantara Tbk's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2026 was 14.83%.


PTrana Menara Nusantara Tbk  (ISX:TOWR) Operating Income Explanation

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

PTrana Menara Nusantara 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 )
=8057952 * ( 1 - 32.55% )/( (96599471 + 104552630)/ 2 )
=5435088.624/100576050.5
=5.40 %

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))
=80979681 - 1907231 - ( 2280336 - max(0, 23993473 - 6466452+2280336))
=96599471

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))
=81842468 - 2473284 - ( 949841 - max(0, 31639656 - 6456210+949841))
=104552630

Note: The Operating Income data used here is four times the quarterly (Jun. 2026) data.

2. Joel Greenblatt's definition of Return on Capital:

PTrana Menara Nusantara 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 )
=8133264/( ( (54564361 + max(-467356, 0)) + (55122999 + max(-209599, 0)) )/ 2 )
=8133264/( ( 54564361 + 55122999 )/ 2 )
=8133264/54843680
=14.83 %

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)
=(2589912 + 774127 + 749511) - (1907231 + 0 + 2673675)
=-467356

Working Capital(Q: Jun. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(3751091 + 954383 + 742805) - (2473284 + 0 + 3184594)
=-209599

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 %:

PTrana Menara Nusantara 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 )
=2014488/3649790
=55.19 %

* 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.


PTrana Menara Nusantara Tbk Operating Income Related Terms


PTrana Menara Nusantara Tbk Operating Income Historical Data

* Premium members only.

The historical data trend for PTrana Menara Nusantara 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.

PTrana Menara Nusantara Tbk Operating Income Chart

PTrana Menara Nusantara 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 5,420,624.00 7,120,084.00 7,042,586.00 7,451,429.00 7,850,834.00

PTrana Menara Nusantara 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 1,849,663.00 1,927,809.00 2,150,872.00 1,882,833.00 2,014,488.00
ISX:TOWR
88GF Score
PT Sarana Menara Nusantara Tbk ISX:TOWR
Operating Income is just one metric. See GF Score™, valuation, warning signs, and more.
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PTrana Menara Nusantara 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 Rp7,976,002 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 Rp7,976,002 Mil mean?
PTrana Menara Nusantara Tbk (ISX:TOWR) has a Operating Income of Rp7,976,002 Mil as of Jun. 2026. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on PTrana Menara Nusantara Tbk and its competitors.
Is PTrana Menara Nusantara Tbk's Operating Income too high?
PTrana Menara Nusantara Tbk's current Operating Income is Rp7,976,002 Mil. Overall, PTrana Menara Nusantara Tbk has a GF Score™ of 88/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does PTrana Menara Nusantara Tbk's Operating Income compare to CBRE and BEKE?
PTrana Menara Nusantara Tbk's Operating Income of Rp7,976,002 Mil can be compared against companies in the Real Estate 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 Real Estate company?
A good Operating Income depends on the Real Estate 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 PTrana Menara Nusantara Tbk and its competitors. PTrana Menara Nusantara Tbk's current Operating Income is Rp7,976,002 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PTrana Menara Nusantara Tbk stock overvalued right now?
Based on GuruFocus' analysis, PTrana Menara Nusantara Tbk (ISX:TOWR) is currently considered Possible Value Trap. The stock's GF Value™ is Rp600.46, compared to a current price of Rp390.00 — trading 35% below its estimated fair value. The current Operating Income is Rp7,976,002 Mil. PTrana Menara Nusantara Tbk's overall GF Score™ is 88/100 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 PTrana Menara Nusantara Tbk (ISX:TOWR), the current Operating Income is Rp7,976,002 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 PTrana Menara Nusantara Tbk (ISX:TOWR) Overvalued in 2026?

Based on GuruFocus' analysis, PTrana Menara Nusantara Tbk stock appears to be undervalued. The current stock price of Rp390.00 is trading 35% below its estimated GF Value™ of Rp600.46. GuruFocus considers PTrana Menara Nusantara Tbk to be Possible Value Trap.

Key valuation signals for ISX:TOWR:

  • Operating Income: Rp7,976,002 Mil
  • GF Value™: Rp600.46 vs. price of Rp390.00 (35% below fair value)
  • GF Score™: 88/100 with 5 warning signs

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


PTrana Menara Nusantara Tbk Business Description

Other Exchanges SMNUF:USA
Address Jalan Jenderal Ahmad Yani No. 19A, Kudus, IDN
PT Sarana Menara Nusantara Tbk is an investment company. The company's main business focus is to invest in companies engaged in operating telecommunication tower locations for lease to wireless communication companies. The business segments of the company include Tower lease and Non-Tower (VSAT service, and Wireline). The majority of the company's revenue is generated from the Tower Lease segment.
88GF Score

Get the complete analysis for ISX:TOWR

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

Rp390.00
Price
Rp600.46
GF Value