PT Mustika Ratu Tbk (ISX:MRAT) Operating Margin %: 2.41% (As of Mar. 2026) — 96% Above Median

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ISX:MRAT PT Mustika Ratu Tbk ISX:MRAT
70 GF Score
Price Rp442.00
GF Value Rp582.06
Valuation Modestly Undervalued
! 4 Warning Signs
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What is PT Mustika Ratu Tbk Operating Margin %?

PT Mustika Ratu Tbk ISX:MRAT 70 Operating Margin % is 2.41% as of Mar. 2026, which is 96% above its 10-year median of 1.23. GuruFocus rates ISX:MRAT with a GF Score™ of 70/100 and a GF Value™ of Rp582.06 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 1,953 Consumer Packaged Goods companies, PT Mustika Ratu Tbk ranks worse than 72.61% on this metric.

Operating Margin % is calculated as Operating Income divided by its Revenue. PT Mustika Ratu Tbk's Operating Income for the three months ended in Mar. 2026 was Rp2,980 Mil. PT Mustika Ratu Tbk's Revenue for the three months ended in Mar. 2026 was Rp123,731 Mil. Therefore, PT Mustika Ratu Tbk's Operating Margin % for the quarter that ended in Mar. 2026 was 2.41%.

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

ISX:MRAT' s Operating Margin % Range Over the Past 10 Years
Min: -34.87   Med: 1.23   Max: 4.43
Current: 1.26


ISX:MRAT's Operating Margin % is ranked worse than
72.61% of 1953 companies
in the Consumer Packaged Goods industry
Industry Median: 5.3 vs ISX:MRAT: 1.26

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

PT Mustika Ratu Tbk's Operating Income for the three months ended in Mar. 2026 was Rp2,980 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2026 was Rp5,840 Mil.


PT Mustika Ratu Tbk  (ISX:MRAT) 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 Mustika Ratu Tbk Operating Margin % Related Terms


PT Mustika Ratu Tbk Operating Margin % Historical Data

* Premium members only.

The historical data trend for PT Mustika Ratu 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 Mustika Ratu Tbk Operating Margin % Chart

PT Mustika Ratu 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 4.43 -34.87 -0.31 0.78 0.80

PT Mustika Ratu 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 0.61 2.62 -0.65 0.34 2.41

ISX:MRAT vs PG, CL, KVUE: Operating Margin % Comparison

For the Household & Personal Products subindustry, PT Mustika Ratu 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 Mustika Ratu Tbk Operating Margin % vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, PT Mustika Ratu Tbk's Operating Margin % distribution charts can be found below:

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


ISX:MRAT
70GF Score
PT Mustika Ratu Tbk ISX:MRAT
Operating Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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PT Mustika Ratu 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 Mustika Ratu 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 )
=3384.523 / 423517.456
=0.80 %

PT Mustika Ratu 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 )
=2979.929 / 123731.13
=2.41 %

* 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 2.41% mean?
PT Mustika Ratu Tbk (ISX:MRAT) has a Operating Margin % of 2.41% as of Mar. 2026. Operating margin is the ratio of total operating income to net sales. View historical data on PT Mustika Ratu Tbk and its competitors. This is 96% above median its historical median of 1.23. According to the industry distribution chart, PT Mustika Ratu Tbk ranks #1418 out of 1953 companies in the Consumer Packaged Goods industry, placing it in the top 72.6%.
Is PT Mustika Ratu Tbk's Operating Margin % too high?
PT Mustika Ratu Tbk's current Operating Margin % of 2.41% is 96% above median its 10-year median of 1.23. The Consumer Packaged Goods industry median Operating Margin % is 5.30. PT Mustika Ratu Tbk's value of 2.41% is 54.5% below this industry median. Based on the distribution chart, PT Mustika Ratu Tbk ranks #1418 out of 1953 companies in the Consumer Packaged Goods industry, which is below the industry midpoint. Overall, PT Mustika Ratu Tbk has a GF Score™ of 70/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does PT Mustika Ratu Tbk's Operating Margin % compare to PG and CL?
According to the Consumer Packaged Goods industry distribution chart, PT Mustika Ratu Tbk ranks #1418 out of 1953 companies for Operating Margin %. This places PT Mustika Ratu Tbk in the lower half of its industry. The industry median Operating Margin % is 5.30. PT Mustika Ratu Tbk's value of 2.41% is 54.5% below this benchmark. While the company's 10-year median is 1.23 vs. the industry median of 5.30, PT Mustika Ratu 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 Consumer Packaged Goods company?
The median Operating Margin % among Consumer Packaged Goods companies is 5.30, based on 1,953 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 Mustika Ratu Tbk's current Operating Margin % of 2.41% is 54.5% 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 Mustika Ratu Tbk and its competitors. For the Consumer Packaged Goods industry, the median Operating Margin % is 5.30 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT Mustika Ratu Tbk's current Operating Margin % is 2.41%, which is 96% above median its own 10-year median of 1.23. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Mustika Ratu Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Mustika Ratu Tbk (ISX:MRAT) is currently considered Modestly Undervalued. The stock's GF Value™ is Rp582.06, compared to a current price of Rp442.00 — trading 24.1% below its estimated fair value. The current Operating Margin % is 2.41%, which is 96% above median its 10-year median of 1.23 and 54.5% below the Consumer Packaged Goods industry median of 5.30. PT Mustika Ratu Tbk's overall GF Score™ is 70/100 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 Mustika Ratu Tbk (ISX:MRAT), the current Operating Margin % is 2.41% 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 Mustika Ratu Tbk (ISX:MRAT) Overvalued in 2026?

Based on GuruFocus' analysis, PT Mustika Ratu Tbk stock appears to be undervalued. The current stock price of Rp442.00 is trading 24.1% below its estimated GF Value™ of Rp582.06. GuruFocus considers PT Mustika Ratu Tbk to be Modestly Undervalued.

Key valuation signals for ISX:MRAT:

  • Operating Margin %: 2.41% (96% above median its 10-year median of 1.23)
  • GF Value™: Rp582.06 vs. price of Rp442.00 (24.1% below fair value)
  • GF Score™: 70/100 with 4 warning signs
  • Industry Position: 54.5% below the Consumer Packaged Goods median (#1418 of 1953)

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


PT Mustika Ratu Tbk Business Description

Address Jalan Gatot Subroto Kav 74-75, Graha Mustika Ratu, Penthouse Floor, Jakarta, IDN, 12870
PT Mustika Ratu Tbk is a manufacturer of traditional cosmetics and herbal products. The scope of the company's activity includes fabrication, trade, and distribution of herbs, cosmetics, and healthy drinks as well as other related business activities. The company's operating segments consist of Manufacturing; and Trading, services and distribution. The company generates the majority of its revenue from the Manufacturing segment. The company caters to both domestic and international markets. The company provides its products under the brands Mustika Ratu, Mustika Puteri, Bask, Taman Sari, Java Princess, and Ratu Mas.
70GF Score

Get the complete analysis for ISX:MRAT

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

Rp442.00
Price
Rp582.06
GF Value