PT Multikarya Asia Pasifik Raya Tbk (ISX:MKAP) Operating Margin %: 19.01% (As of Jun. 2026) — 75% Above Median

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ISX:MKAP PT Multikarya Asia Pasifik Raya Tbk ISX:MKAP
63 GF Score
Price Rp1,165.00
GF Value Rp519.91
Valuation Significantly Overvalued
! 7 Warning Signs
View Full Analysis

What is PT Multikarya Asia Pasifik Raya Tbk Operating Margin %?

PT Multikarya Asia Pasifik Raya Tbk ISX:MKAP 63 Operating Margin % is 19.01% as of Jun. 2026, which is 75% above its 10-year median of 10.87. GuruFocus rates ISX:MKAP with a GF Score™ of 63/100 and a GF Value™ of Rp519.91 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 926 Oil & Gas companies, PT Multikarya Asia Pasifik Raya Tbk ranks better than 64.04% on this metric.

Operating Margin % is calculated as Operating Income divided by its Revenue. PT Multikarya Asia Pasifik Raya Tbk's Operating Income for the three months ended in Jun. 2026 was Rp17,182 Mil. PT Multikarya Asia Pasifik Raya Tbk's Revenue for the three months ended in Jun. 2026 was Rp90,360 Mil. Therefore, PT Multikarya Asia Pasifik Raya Tbk's Operating Margin % for the quarter that ended in Jun. 2026 was 19.01%.

Good Sign:

PT Multikarya Asia Pasifik Raya Tbk operating margin is expanding. Margin expansion is usually a good sign.

The historical rank and industry rank for PT Multikarya Asia Pasifik Raya Tbk's Operating Margin % or its related term are showing as below:

ISX:MKAP' s Operating Margin % Range Over the Past 10 Years
Min: 4.43   Med: 10.87   Max: 19.23
Current: 13.59


ISX:MKAP's Operating Margin % is ranked better than
64.04% of 926 companies
in the Oil & Gas industry
Industry Median: 7.56 vs ISX:MKAP: 13.59

PT Multikarya Asia Pasifik Raya Tbk's 5-Year Average Operating Margin % Growth Rate was 35.90% per year.

PT Multikarya Asia Pasifik Raya Tbk's Operating Income for the three months ended in Jun. 2026 was Rp17,182 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Jun. 2026 was Rp52,447 Mil.


PT Multikarya Asia Pasifik Raya Tbk  (ISX:MKAP) 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 Multikarya Asia Pasifik Raya Tbk Operating Margin % Related Terms


PT Multikarya Asia Pasifik Raya Tbk Operating Margin % Historical Data

* Premium members only.

The historical data trend for PT Multikarya Asia Pasifik 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.

PT Multikarya Asia Pasifik Raya Tbk Operating Margin % Chart

PT Multikarya Asia Pasifik Raya Tbk Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Operating Margin %
Get a 7-Day Free Trial 5.54 9.14 12.59 19.23 16.85

PT Multikarya Asia Pasifik Raya Tbk Quarterly Data
Dec20 Dec21 Dec22 Jul23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 24.98 8.60 13.09 12.65 19.01

ISX:MKAP vs SLB, BKR, FTI: Operating Margin % Comparison

For the Oil & Gas Equipment & Services subindustry, PT Multikarya Asia Pasifik 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 Multikarya Asia Pasifik Raya Tbk Operating Margin % vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, PT Multikarya Asia Pasifik Raya Tbk's Operating Margin % distribution charts can be found below:

* The bar in red indicates where PT Multikarya Asia Pasifik Raya Tbk's Operating Margin % falls into.


ISX:MKAP
63GF Score
PT Multikarya Asia Pasifik Raya Tbk ISX:MKAP
Operating Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

PT Multikarya Asia Pasifik 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 Multikarya Asia Pasifik Raya 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 )
=68332.561 / 405636.315
=16.85 %

PT Multikarya Asia Pasifik Raya 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 )
=17181.929 / 90360.1
=19.01 %

* 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 19.01% mean?
PT Multikarya Asia Pasifik Raya Tbk (ISX:MKAP) has a Operating Margin % of 19.01% as of Jun. 2026. Operating margin is the ratio of total operating income to net sales. View historical data on PT Multikarya Asia Pasifik Raya Tbk and its competitors. This is 75% above median its historical median of 10.87. Over the past decade, PT Multikarya Asia Pasifik Raya Tbk's Operating Margin % has ranged from 4.43 to 19.23. According to the industry distribution chart, PT Multikarya Asia Pasifik Raya Tbk ranks #333 out of 926 companies in the Oil & Gas industry, placing it in the top 36%.
Is PT Multikarya Asia Pasifik Raya Tbk's Operating Margin % too high?
PT Multikarya Asia Pasifik Raya Tbk's current Operating Margin % of 19.01% is 75% above median its 10-year median of 10.87. Over the past 10 years, this metric has ranged from a low of 4.43 to a high of 19.23. The Oil & Gas industry median Operating Margin % is 7.56. PT Multikarya Asia Pasifik Raya Tbk's value of 19.01% is 151.5% above this industry median. Based on the distribution chart, PT Multikarya Asia Pasifik Raya Tbk ranks #333 out of 926 companies in the Oil & Gas industry, which is above the industry midpoint. Overall, PT Multikarya Asia Pasifik Raya Tbk has a GF Score™ of 63/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does PT Multikarya Asia Pasifik Raya Tbk's Operating Margin % compare to SLB and BKR?
According to the Oil & Gas industry distribution chart, PT Multikarya Asia Pasifik Raya Tbk ranks #333 out of 926 companies for Operating Margin %. This puts PT Multikarya Asia Pasifik Raya Tbk in the upper half of its industry. The industry median Operating Margin % is 7.56. PT Multikarya Asia Pasifik Raya Tbk's value of 19.01% is 151.5% above this benchmark. Historically, PT Multikarya Asia Pasifik Raya Tbk's own Operating Margin % has ranged from 4.43 to 19.23 over the past decade. While the company's 10-year median is 10.87 vs. the industry median of 7.56, PT Multikarya Asia Pasifik 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 an Oil & Gas company?
The median Operating Margin % among Oil & Gas companies is 7.56, based on 926 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 Multikarya Asia Pasifik Raya Tbk's current Operating Margin % of 19.01% is 151.5% 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 Multikarya Asia Pasifik Raya Tbk and its competitors. For the Oil & Gas industry, the median Operating Margin % is 7.56 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT Multikarya Asia Pasifik Raya Tbk's current Operating Margin % is 19.01%, which is 75% above median its own 10-year median of 10.87. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Multikarya Asia Pasifik Raya Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Multikarya Asia Pasifik Raya Tbk (ISX:MKAP) is currently considered Significantly Overvalued. The stock's GF Value™ is Rp519.91, compared to a current price of Rp1,165.00 — trading 124.1% above its estimated fair value. The current Operating Margin % is 19.01%, which is 75% above median its 10-year median of 10.87 and 151.5% above the Oil & Gas industry median of 7.56. PT Multikarya Asia Pasifik Raya Tbk's overall GF Score™ is 63/100 with 7 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 Multikarya Asia Pasifik Raya Tbk (ISX:MKAP), the current Operating Margin % is 19.01% 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 Multikarya Asia Pasifik Raya Tbk (ISX:MKAP) Overvalued in 2026?

Based on GuruFocus' analysis, PT Multikarya Asia Pasifik Raya Tbk stock appears to be overvalued. The current stock price of Rp1,165.00 is trading 124.1% above its estimated GF Value™ of Rp519.91. GuruFocus considers PT Multikarya Asia Pasifik Raya Tbk to be Significantly Overvalued.

Key valuation signals for ISX:MKAP:

  • Operating Margin %: 19.01% (75% above median its 10-year median of 10.87)
  • GF Value™: Rp519.91 vs. price of Rp1,165.00 (124.1% above fair value)
  • GF Score™: 63/100 with 7 warning signs
  • Industry Position: 151.5% above the Oil & Gas median (#333 of 926)

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


PT Multikarya Asia Pasifik Raya Tbk Business Description

Industry EnergyOil & Gas
Address Jalan TB Simatupang No 02, Cibis Nine, 16th Floor, Cilandak Timur, Pasar Minggu, South Jakarta, Jakarta, IDN, 12560
PT Multikarya Asia Pasifik Raya Tbk is engaged in the manufacturing and trading of services, as well as the rental and repair of pumps and other supporting equipment, including spare parts for the oil, natural gas, and mining industries. The firm operates through two main segments: Spare Parts and Procurement, and Rental and Services, with the majority of its revenue coming from the Spare Parts and Procurement segment. For the oil and gas industry, it offers products and services such as crude oil transfer to and from further processing, water reinjection production, water treatment injection plants, and pumps for mud, cement, and stimulation. In the mining industry, the company provides services for water drying and mud removal, along with reinstallation, repair, and rejuvenation of pump.
63GF Score

Get the complete analysis for ISX:MKAP

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

Rp1,165.00
Price
Rp519.91
GF Value