PT Indo Kordsa Tbk (ISX:BRAM) Operating Margin %: 4.58% (As of Mar. 2026) — 53% Below Median


ISX:BRAM PT Indo Kordsa Tbk ISX:BRAM
55 GF Score
Price Rp4,530.00
GF Value Rp2,942.00
Valuation Significantly Overvalued
! 5 Warning Signs
View Full Analysis

What is PT Indo Kordsa Tbk Operating Margin %?

PT Indo Kordsa Tbk ISX:BRAM -0.88% 55 Operating Margin % is 4.58% as of Mar. 2026, which is 53% below its 10-year median of 9.65. GuruFocus rates ISX:BRAM with a GF Score™ of 55/100 and a GF Value™ of Rp2,942.00 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 1,035 Manufacturing - Apparel & Accessories companies, PT Indo Kordsa Tbk ranks worse than 73.24% on this metric.

Operating Margin % is calculated as Operating Income divided by its Revenue. PT Indo Kordsa Tbk's Operating Income for the three months ended in Mar. 2026 was Rp28,797 Mil. PT Indo Kordsa Tbk's Revenue for the three months ended in Mar. 2026 was Rp628,875 Mil. Therefore, PT Indo Kordsa Tbk's Operating Margin % for the quarter that ended in Mar. 2026 was 4.58%.

The historical rank and industry rank for PT Indo Kordsa Tbk's Operating Margin % or its related term are showing as below:

ISX:BRAM' s Operating Margin % Range Over the Past 10 Years
Min: -2.36   Med: 9.65   Max: 15.02
Current: -1.29


ISX:BRAM's Operating Margin % is ranked worse than
73.24% of 1035 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 4.08 vs ISX:BRAM: -1.29

PT Indo Kordsa Tbk's 5-Year Average Operating Margin % Growth Rate was 0.00% per year.

PT Indo Kordsa Tbk's Operating Income for the three months ended in Mar. 2026 was Rp28,797 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2026 was Rp-25,612 Mil.


PT Indo Kordsa Tbk  (ISX:BRAM) Operating Margin % Explanation

Just like Gross Margin %, it is important to see a company maintains its operating margin over time. Among the same industry, a company with higher operating margin is more efficient in its operation. It is also more stable during industry slowdown or recessions. Peter Lynch prefers those with higher margins than those with lower margins.


Be Aware

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 (Diluted) 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 Indo Kordsa Tbk Operating Margin % Related Terms


PT Indo Kordsa Tbk Operating Margin % Historical Data

* Premium members only.

The historical data trend for PT Indo Kordsa Tbk's Operating Margin % 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 Indo Kordsa Tbk Operating Margin % Chart

PT Indo Kordsa Tbk Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Operating Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.64 14.09 8.85 8.13 0.34

PT Indo Kordsa Tbk Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Operating Margin % 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 9.07 -18.71 -14.81 16.67 4.58

PT Indo Kordsa Tbk Operating Margin % Competitor Comparison

For the Textile Manufacturing subindustry, PT Indo Kordsa Tbk's Operating Margin %, along with its competitors' market caps and Operating Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


PT Indo Kordsa Tbk Operating Margin % vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, PT Indo Kordsa Tbk's Operating Margin % distribution charts can be found below:

* The bar in red indicates where PT Indo Kordsa Tbk's Operating Margin % falls into.


ISX:BRAM
55GF Score
PT Indo Kordsa Tbk ISX:BRAM
Operating Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

PT Indo Kordsa Tbk Operating Margin % Calculation

Operating Margin % - also known as operating income margin, operating profit margin and return on sales (ROS) - is the ratio of Operating Income divided by net sales or Revenue, usually presented in percent.

PT Indo Kordsa Tbk's Operating Margin % for the fiscal year that ended in Dec. 2025 is calculated as

Operating Margin %=Operating Income (A: Dec. 2025 ) / Revenue (A: Dec. 2025 )
=7016.993 / 2076361.589
=0.34 %

PT Indo Kordsa 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 )
=28796.831 / 628874.706
=4.58 %

* 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 Margin % →
What does a Operating Margin % of 4.58% mean?
PT Indo Kordsa Tbk (ISX:BRAM) has a Operating Margin % of 4.58% as of Mar. 2026. Operating margin is the ratio of total operating income to net sales. View historical data on PT Indo Kordsa Tbk and its competitors. This is 53% below median its historical median of 9.65. According to the industry distribution chart, PT Indo Kordsa Tbk ranks #758 out of 1035 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 73.2%.
Is PT Indo Kordsa Tbk's Operating Margin % too high?
PT Indo Kordsa Tbk's current Operating Margin % of 4.58% is 53% below median its 10-year median of 9.65. The Manufacturing - Apparel & Accessories industry median Operating Margin % is 4.08. PT Indo Kordsa Tbk's value of 4.58% is 12.3% above this industry median. Based on the distribution chart, PT Indo Kordsa Tbk ranks #758 out of 1035 companies in the Manufacturing - Apparel & Accessories industry, which is below the industry midpoint. Overall, PT Indo Kordsa Tbk has a GF Score™ of 55/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does PT Indo Kordsa Tbk's Operating Margin % compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, PT Indo Kordsa Tbk ranks #758 out of 1035 companies for Operating Margin %. This places PT Indo Kordsa Tbk in the lower half of its industry. The industry median Operating Margin % is 4.08. PT Indo Kordsa Tbk's value of 4.58% is 12.3% above this benchmark. While the company's 10-year median is 9.65 vs. the industry median of 4.08, PT Indo Kordsa Tbk has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Operating Margin % for a Manufacturing - Apparel & Accessories company?
The median Operating Margin % among Manufacturing - Apparel & Accessories companies is 4.08, based on 1,035 companies in the industry. Companies in the top quartile (top 25%) have a Operating Margin % significantly above this median, while those in the bottom quartile fall well below. However, Operating Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. PT Indo Kordsa Tbk's current Operating Margin % of 4.58% is 12.3% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Operating Margin % mean?
A high Operating Margin % can signal that a stock is expensive relative to its fundamentals. Operating margin is the ratio of total operating income to net sales. View historical data on PT Indo Kordsa Tbk and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Operating Margin % is 4.08 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT Indo Kordsa Tbk's current Operating Margin % is 4.58%, which is 53% below median its own 10-year median of 9.65. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Indo Kordsa Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Indo Kordsa Tbk (ISX:BRAM) is currently considered Significantly Overvalued. The stock's GF Value™ is Rp2,942.00, compared to a current price of Rp4,530.00 — trading 54% above its estimated fair value. The current Operating Margin % is 4.58%, which is 53% below median its 10-year median of 9.65 and 12.3% above the Manufacturing - Apparel & Accessories industry median of 4.08. PT Indo Kordsa Tbk's overall GF Score™ is 55/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Operating Margin % calculated?
Operating Margin % is calculated from a company's financial statements. For PT Indo Kordsa Tbk (ISX:BRAM), the current Operating Margin % is 4.58% 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 Indo Kordsa Tbk (ISX:BRAM) Overvalued in 2026?

Based on GuruFocus' analysis, PT Indo Kordsa Tbk stock appears to be overvalued. The current stock price of Rp4,530.00 is trading 54% above its estimated GF Value™ of Rp2,942.00. GuruFocus considers PT Indo Kordsa Tbk to be Significantly Overvalued.

Key valuation signals for ISX:BRAM:

  • Operating Margin %: 4.58% (53% below median its 10-year median of 9.65)
  • GF Value™: Rp2,942.00 vs. price of Rp4,530.00 (54% above fair value)
  • GF Score™: 55/100 with 5 warning signs
  • Industry Position: 12.3% above the Manufacturing - Apparel & Accessories median (#758 of 1035)

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


PT Indo Kordsa Tbk Business Description

Address Jalan Pahlawan, Desa Karang Asem Timur, Citeureup, Bogor, IDN, 16810
PT Indo Kordsa Tbk is an Indonesian company engaged in the manufacturing and sale of tire reinforcement materials. The business activity of the group is functioned through various divisions which include Tyre cord fabric, Nylon yarn, and Polyester yarn. The company generates a majority of its revenue from the tire cord fabric segment. Geographically, it derives a majority of its revenue from Thailand and also has a presence in Other Countries.
55GF Score

Get the complete analysis for ISX:BRAM

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

Rp4,530.00
Price
Rp2,942.00
GF Value