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 Nokias 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.
* 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.
ISX:JKON vs HON, MMM: Operating Margin % Comparison
For the Conglomerates subindustry, PT Jaya Konstruksi Manggala Pratama 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 Jaya Konstruksi Manggala Pratama Tbk Operating Margin % vs Conglomerates Industry
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.
* 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 Jaya Konstruksi Manggala Pratama Tbk (ISX:JKON) has a Operating Margin % of 1.73% as of Mar. 2026. Operating margin is the ratio of total operating income to net sales. View historical data on PT Jaya Konstruksi Manggala Pratama Tbk and its competitors. This is 67% below median its historical median of 5.23. Over the past decade, PT Jaya Konstruksi Manggala Pratama Tbk's Operating Margin % has ranged from 2.62 to 8.92. According to the industry distribution chart, PT Jaya Konstruksi Manggala Pratama Tbk ranks #348 out of 545 companies in the Conglomerates industry, placing it in the top 63.9%.
Is PT Jaya Konstruksi Manggala Pratama Tbk's Operating Margin % too high?
PT Jaya Konstruksi Manggala Pratama Tbk's current Operating Margin % of 1.73% is 67% below median its 10-year median of 5.23. Over the past 10 years, this metric has ranged from a low of 2.62 to a high of 8.92. The Conglomerates industry median Operating Margin % is 5.93. PT Jaya Konstruksi Manggala Pratama Tbk's value of 1.73% is 70.8% below this industry median. Based on the distribution chart, PT Jaya Konstruksi Manggala Pratama Tbk ranks #348 out of 545 companies in the Conglomerates industry, which is below the industry midpoint. Overall, PT Jaya Konstruksi Manggala Pratama 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 Jaya Konstruksi Manggala Pratama Tbk's Operating Margin % compare to HON and MMM?
According to the Conglomerates industry distribution chart, PT Jaya Konstruksi Manggala Pratama Tbk ranks #348 out of 545 companies for Operating Margin %. This places PT Jaya Konstruksi Manggala Pratama Tbk in the lower half of its industry. The industry median Operating Margin % is 5.93. PT Jaya Konstruksi Manggala Pratama Tbk's value of 1.73% is 70.8% below this benchmark. Historically, PT Jaya Konstruksi Manggala Pratama Tbk's own Operating Margin % has ranged from 2.62 to 8.92 over the past decade. While the company's 10-year median is 5.23 vs. the industry median of 5.93, PT Jaya Konstruksi Manggala Pratama Tbk has consistently been below 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 Conglomerates company?
The median Operating Margin % among Conglomerates companies is 5.93, based on 545 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 Jaya Konstruksi Manggala Pratama Tbk's current Operating Margin % of 1.73% is 70.8% below 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 Jaya Konstruksi Manggala Pratama Tbk and its competitors. For the Conglomerates industry, the median Operating Margin % is 5.93 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT Jaya Konstruksi Manggala Pratama Tbk's current Operating Margin % is 1.73%, which is 67% below median its own 10-year median of 5.23. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Jaya Konstruksi Manggala Pratama Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Jaya Konstruksi Manggala Pratama Tbk (ISX:JKON) is currently considered Modestly Undervalued. The stock's GF Value™ is Rp84.98, compared to a current price of Rp66.00 — trading 22.3% below its estimated fair value. The current Operating Margin % is 1.73%, which is 67% below median its 10-year median of 5.23 and 70.8% below the Conglomerates industry median of 5.93. PT Jaya Konstruksi Manggala Pratama Tbk's overall GF Score™ is 73/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Operating Margin % calculated?
Operating Margin % is calculated from a company's financial statements. For PT Jaya Konstruksi Manggala Pratama Tbk (ISX:JKON), the current Operating Margin % is 1.73% 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 Jaya Konstruksi Manggala Pratama Tbk (ISX:JKON) Overvalued in 2026?
Based on GuruFocus' analysis, PT Jaya Konstruksi Manggala Pratama Tbk stock appears to be undervalued.
The current stock price of Rp66.00 is trading 22.3% below its estimated GF Value™ of Rp84.98.
GuruFocus considers PT Jaya Konstruksi Manggala Pratama Tbk to be Modestly Undervalued.
Key valuation signals for ISX:JKON:
Operating Margin %: 1.73% (67% below median its 10-year median of 5.23)
GF Value™: Rp84.98 vs. price of Rp66.00 (22.3% below fair value)
Industry Position: 70.8% below the Conglomerates median (#348 of 545)
No single metric tells the full story. See the ISX:JKON stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
PT Jaya Konstruksi Manggala Pratama Tbk Business Description
PT Jaya Konstruksi Manggala Pratama Tbk is an Indonesian infrastructure development company that is engaged in the infrastructure and building construction sector, asphalt, and liquefied petroleum gas trading, precast concrete manufacturing, and specialized mechanical and electrical engineering and maintenance services. The company delivers construction, engineering, and maintenance services for hotels, malls, apartments, and office buildings in Indonesia and overseas. It manages its business in segments, namely Construction, Gas trading, Asphalt trading, Manufacturing concrete, Handling equipment, and Others. The company earns the majority of its revenue from its Asphalt trading business in Indonesia.
73GF Score
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