PT Meratus Jasa Prima Tbk (ISX:KARW) Operating Margin %: 5.60% (As of Mar. 2026) — 60% Below Median


ISX:KARW PT Meratus Jasa Prima Tbk ISX:KARW
65 GF Score
Price Rp232.00
GF Value Rp396.34
Valuation Possible Value Trap
! 3 Warning Signs
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What is PT Meratus Jasa Prima Tbk Operating Margin %?

PT Meratus Jasa Prima Tbk ISX:KARW -2.52% 65 Operating Margin % is 5.60% as of Mar. 2026, which is 60% below its 10-year median of 13.92. GuruFocus rates ISX:KARW with a GF Score™ of 65/100 and a GF Value™ of Rp396.34 (Possible Value Trap). The stock has 3 warning signs investors should review. Among 1,007 Transportation companies, PT Meratus Jasa Prima Tbk ranks worse than 88.88% on this metric.

Operating Margin % is calculated as Operating Income divided by its Revenue. PT Meratus Jasa Prima Tbk's Operating Income for the three months ended in Mar. 2026 was Rp1,253 Mil. PT Meratus Jasa Prima Tbk's Revenue for the three months ended in Mar. 2026 was Rp22,364 Mil. Therefore, PT Meratus Jasa Prima Tbk's Operating Margin % for the quarter that ended in Mar. 2026 was 5.60%.

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

ISX:KARW' s Operating Margin % Range Over the Past 10 Years
Min: -22.75   Med: 13.92   Max: 31.39
Current: -2.92


ISX:KARW's Operating Margin % is ranked worse than
88.88% of 1007 companies
in the Transportation industry
Industry Median: 7.36 vs ISX:KARW: -2.92

PT Meratus Jasa Prima Tbk's 5-Year Average Operating Margin % Growth Rate was 0.00% per year.

PT Meratus Jasa Prima Tbk's Operating Income for the three months ended in Mar. 2026 was Rp1,253 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2026 was Rp-2,464 Mil.


PT Meratus Jasa Prima Tbk  (ISX:KARW) 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 Meratus Jasa Prima Tbk Operating Margin % Related Terms


PT Meratus Jasa Prima Tbk Operating Margin % Historical Data

* Premium members only.

The historical data trend for PT Meratus Jasa Prima 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 Meratus Jasa Prima Tbk Operating Margin % Chart

PT Meratus Jasa Prima 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 -12.75 22.39 24.71 7.65 -0.16

PT Meratus Jasa Prima 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 12.42 -22.61 -22.70 16.34 5.60

PT Meratus Jasa Prima Tbk Operating Margin % Competitor Comparison

For the Marine Shipping subindustry, PT Meratus Jasa Prima 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 Meratus Jasa Prima Tbk Operating Margin % vs Transportation Industry

For the Transportation industry and Industrials sector, PT Meratus Jasa Prima Tbk's Operating Margin % distribution charts can be found below:

* The bar in red indicates where PT Meratus Jasa Prima Tbk's Operating Margin % falls into.


ISX:KARW
65GF Score
PT Meratus Jasa Prima Tbk ISX:KARW
Operating Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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PT Meratus Jasa Prima 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 Meratus Jasa Prima 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 )
=-150.364 / 92607.598
=-0.16 %

PT Meratus Jasa Prima 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 )
=1252.772 / 22363.676
=5.60 %

* 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 5.60% mean?
PT Meratus Jasa Prima Tbk (ISX:KARW) has a Operating Margin % of 5.60% as of Mar. 2026. Operating margin is the ratio of total operating income to net sales. View historical data on PT Meratus Jasa Prima Tbk and its competitors. This is 60% below median its historical median of 13.92. According to the industry distribution chart, PT Meratus Jasa Prima Tbk ranks #895 out of 1007 companies in the Transportation industry, placing it in the top 88.9%.
Is PT Meratus Jasa Prima Tbk's Operating Margin % too high?
PT Meratus Jasa Prima Tbk's current Operating Margin % of 5.60% is 60% below median its 10-year median of 13.92. The Transportation industry median Operating Margin % is 7.36. PT Meratus Jasa Prima Tbk's value of 5.60% is 23.9% below this industry median. Based on the distribution chart, PT Meratus Jasa Prima Tbk ranks #895 out of 1007 companies in the Transportation industry, which is in the bottom quartile relative to peers. Overall, PT Meratus Jasa Prima Tbk has a GF Score™ of 65/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does PT Meratus Jasa Prima Tbk's Operating Margin % compare to competitors?
According to the Transportation industry distribution chart, PT Meratus Jasa Prima Tbk ranks #895 out of 1007 companies for Operating Margin %. This places PT Meratus Jasa Prima Tbk in the lower half of its industry. The industry median Operating Margin % is 7.36. PT Meratus Jasa Prima Tbk's value of 5.60% is 23.9% below this benchmark. While the company's 10-year median is 13.92 vs. the industry median of 7.36, PT Meratus Jasa Prima 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 Transportation company?
The median Operating Margin % among Transportation companies is 7.36, based on 1,007 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 Meratus Jasa Prima Tbk's current Operating Margin % of 5.60% is 23.9% 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 Meratus Jasa Prima Tbk and its competitors. For the Transportation industry, the median Operating Margin % is 7.36 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT Meratus Jasa Prima Tbk's current Operating Margin % is 5.60%, which is 60% below median its own 10-year median of 13.92. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Meratus Jasa Prima Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Meratus Jasa Prima Tbk (ISX:KARW) is currently considered Possible Value Trap. The stock's GF Value™ is Rp396.34, compared to a current price of Rp232.00 — trading 41.5% below its estimated fair value. The current Operating Margin % is 5.60%, which is 60% below median its 10-year median of 13.92 and 23.9% below the Transportation industry median of 7.36. PT Meratus Jasa Prima Tbk's overall GF Score™ is 65/100 with 3 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 Meratus Jasa Prima Tbk (ISX:KARW), the current Operating Margin % is 5.60% 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 Meratus Jasa Prima Tbk (ISX:KARW) Overvalued in 2026?

Based on GuruFocus' analysis, PT Meratus Jasa Prima Tbk stock appears to be undervalued. The current stock price of Rp232.00 is trading 41.5% below its estimated GF Value™ of Rp396.34. GuruFocus considers PT Meratus Jasa Prima Tbk to be Possible Value Trap.

Key valuation signals for ISX:KARW:

  • Operating Margin %: 5.60% (60% below median its 10-year median of 13.92)
  • GF Value™: Rp396.34 vs. price of Rp232.00 (41.5% below fair value)
  • GF Score™: 65/100 with 3 warning signs
  • Industry Position: 23.9% below the Transportation median (#895 of 1007)

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


PT Meratus Jasa Prima Tbk Business Description

Address Jalan Enggano Kel. Tanjung Priok, Kec. Tanjung Priok, Jakarta Utara, Jakarta, IDN, 14310
PT Meratus Jasa Prima Tbk is engaged in transportation consulting activities. The company also engages in supporting business activities in the scope of construction of non-fishery port buildings, dredging, cold storage activities, sea port service activities, wholesale trade in sea transportation equipment, parts and supplies. Its products and services include the management and operation of stevedoring equipment at Terminals 300, 301, 302, and 303 of Tanjung Priok Port to support container handling activities. These services also cover cargodoring, lift on/lift off, and trucking, in accordance with the applicable systems and procedures at port. It operates in single segment of stevedoring services in Port of Tanjung Priok, Jakarta.
65GF Score

Get the complete analysis for ISX:KARW

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

Rp232.00
Price
Rp396.34
GF Value