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PT Mulia Boga Raya TbkISX:KEJU -5.04%86 Operating Margin % is 12.41% as of Jun. 2026, which is 9% below its 10-year median of 13.64. GuruFocus rates ISX:KEJU with a GF Score™ of 86/100 and a GF Value™ of Rp654.61 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 1,954 Consumer Packaged Goods companies, PT Mulia Boga Raya Tbk ranks better than 80.5% on this metric.
PT Mulia Boga Raya Tbk operating margin has been in a 5-year decline. The average rate of decline per year is -4.2%.
The historical rank and industry rank for PT Mulia Boga Raya Tbk's Operating Margin % or its related term are showing as below:
ISX:KEJU'
s Operating Margin % Range Over the Past 10 Years
Min: 7.05 Med: 13.64 Max: 16.75
Current: 13
ISX:KEJU's Operating Margin % is ranked better than 80.5% of 1954
companies
in the Consumer Packaged Goods industry
Industry Median: 5.365
vs ISX:KEJU: 13.00
PT Mulia Boga Raya Tbk's 5-Year Average Operating Margin % Growth Rate was -4.20% per year.
PT Mulia Boga Raya Tbk (ISX:KEJU) 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 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.
PT Mulia Boga Raya Tbk Operating Margin % Related Terms
PT Mulia Boga Raya Tbk Operating Margin % Historical Data
* Premium members only.
The historical data trend for PT Mulia Boga Raya 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.
ISX:KEJU vs KHC, GIS: Operating Margin % Comparison
For the Packaged Foods subindustry, PT Mulia Boga Raya 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 Mulia Boga Raya Tbk Operating Margin % vs Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, PT Mulia Boga Raya Tbk's Operating Margin % distribution charts can be found below:
* The bar in red indicates where PT Mulia Boga Raya Tbk's Operating Margin % falls into.
PT Mulia Boga Raya 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 Mulia Boga Raya Tbk's Operating Margin % for the fiscal year that ended in Dec. 2025 is calculated as
* 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 Mulia Boga Raya Tbk (ISX:KEJU) has a Operating Margin % of 12.41% as of Jun. 2026. Operating margin is the ratio of total operating income to net sales. View historical data on PT Mulia Boga Raya Tbk and its competitors. This is near median its historical median of 13.64. Over the past decade, PT Mulia Boga Raya Tbk's Operating Margin % has ranged from 7.05 to 16.75. According to the industry distribution chart, PT Mulia Boga Raya Tbk ranks #381 out of 1954 companies in the Consumer Packaged Goods industry, placing it in the top 19.5%.
Is PT Mulia Boga Raya Tbk's Operating Margin % too high?
PT Mulia Boga Raya Tbk's current Operating Margin % of 12.41% is near median its 10-year median of 13.64. Over the past 10 years, this metric has ranged from a low of 7.05 to a high of 16.75. The Consumer Packaged Goods industry median Operating Margin % is 5.37. PT Mulia Boga Raya Tbk's value of 12.41% is 131.3% above this industry median. Based on the distribution chart, PT Mulia Boga Raya Tbk ranks #381 out of 1954 companies in the Consumer Packaged Goods industry, which is in the top quartile — a strong position relative to peers. Overall, PT Mulia Boga Raya Tbk has a GF Score™ of 86/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does PT Mulia Boga Raya Tbk's Operating Margin % compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, PT Mulia Boga Raya Tbk ranks #381 out of 1954 companies for Operating Margin %. This places PT Mulia Boga Raya Tbk in the top 20% of its industry — outperforming the majority of peers. The industry median Operating Margin % is 5.37. PT Mulia Boga Raya Tbk's value of 12.41% is 131.3% above this benchmark. Historically, PT Mulia Boga Raya Tbk's own Operating Margin % has ranged from 7.05 to 16.75 over the past decade. While the company's 10-year median is 13.64 vs. the industry median of 5.37, PT Mulia Boga Raya 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 Consumer Packaged Goods company?
The median Operating Margin % among Consumer Packaged Goods companies is 5.37, based on 1,954 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 Mulia Boga Raya Tbk's current Operating Margin % of 12.41% is 131.3% 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 Mulia Boga Raya Tbk and its competitors. For the Consumer Packaged Goods industry, the median Operating Margin % is 5.37 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT Mulia Boga Raya Tbk's current Operating Margin % is 12.41%, which is near median its own 10-year median of 13.64. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Mulia Boga Raya Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Mulia Boga Raya Tbk (ISX:KEJU) is currently considered Modestly Undervalued. The stock's GF Value™ is Rp654.61, compared to a current price of Rp565.00 — trading 13.7% below its estimated fair value. The current Operating Margin % is 12.41%, which is near median its 10-year median of 13.64 and 131.3% above the Consumer Packaged Goods industry median of 5.37. PT Mulia Boga Raya Tbk's overall GF Score™ is 86/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Operating Margin % calculated?
Operating Margin % is calculated from a company's financial statements. For PT Mulia Boga Raya Tbk (ISX:KEJU), the current Operating Margin % is 12.41% 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 Mulia Boga Raya Tbk (ISX:KEJU) Overvalued in 2026?
Based on GuruFocus' analysis, PT Mulia Boga Raya Tbk stock appears to be undervalued.
The current stock price of Rp565.00 is trading 13.7% below its estimated GF Value™ of Rp654.61.
GuruFocus considers PT Mulia Boga Raya Tbk to be Modestly Undervalued.
Key valuation signals for ISX:KEJU:
Operating Margin %: 12.41% (near median its 10-year median of 13.64)
GF Value™: Rp654.61 vs. price of Rp565.00 (13.7% below fair value)
Industry Position: 131.3% above the Consumer Packaged Goods median (#381 of 1954)
No single metric tells the full story. See the ISX:KEJU stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
PT Mulia Boga Raya Tbk is a manufacturer and marketer of various types of cheese products. Its products portfolio includes Prochiz Premium Cheddar, Prochiz Cheddar Slice, Prochiz Gold Cheddar, Prochiz Gold Cheddar, Prochiz Spready, Prochiz Quick Melt, Prochiz Mayo, Prochiz Cheese Snack etc. Its product-based segment comprises of block cheese, sliced cheese and others out of which block cheese derive majority revenue.
86GF Score
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