PT Multi Spunindo Jaya Tbk (ISX:MSJA) Operating Margin %: 11.65% (As of Jun. 2026) — Near Median

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ISX:MSJA PT Multi Spunindo Jaya Tbk ISX:MSJA
57 GF Score
Price Rp412.00
GF Value Rp345.06
Valuation Modestly Overvalued
! 7 Warning Signs
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What is PT Multi Spunindo Jaya Tbk Operating Margin %?

PT Multi Spunindo Jaya Tbk ISX:MSJA +0.98% 57 Operating Margin % is 11.65% as of Jun. 2026, which is 9% above its 10-year median of 10.67. GuruFocus rates ISX:MSJA with a GF Score™ of 57/100 and a GF Value™ of Rp345.06 (Modestly Overvalued). The stock has 7 warning signs investors should review. Among 1,042 Manufacturing - Apparel & Accessories companies, PT Multi Spunindo Jaya Tbk ranks better than 73.22% on this metric.

Operating Margin % is calculated as Operating Income divided by its Revenue. PT Multi Spunindo Jaya Tbk's Operating Income for the three months ended in Jun. 2026 was Rp42,535 Mil. PT Multi Spunindo Jaya Tbk's Revenue for the three months ended in Jun. 2026 was Rp365,186 Mil. Therefore, PT Multi Spunindo Jaya Tbk's Operating Margin % for the quarter that ended in Jun. 2026 was 11.65%.

Warning Sign:

PT Multi Spunindo Jaya Tbk operating margin has been in a 5-year decline. The average rate of decline per year is -15.6%.

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

ISX:MSJA' s Operating Margin % Range Over the Past 10 Years
Min: 8.39   Med: 10.67   Max: 22.54
Current: 9.11


ISX:MSJA's Operating Margin % is ranked better than
73.22% of 1042 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 4.205 vs ISX:MSJA: 9.11

PT Multi Spunindo Jaya Tbk's 5-Year Average Operating Margin % Growth Rate was -15.60% per year.

PT Multi Spunindo Jaya Tbk's Operating Income for the three months ended in Jun. 2026 was Rp42,535 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Jun. 2026 was Rp106,300 Mil.


PT Multi Spunindo Jaya Tbk  (ISX:MSJA) 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 Multi Spunindo Jaya Tbk Operating Margin % Related Terms


PT Multi Spunindo Jaya Tbk Operating Margin % Historical Data

* Premium members only.

The historical data trend for PT Multi Spunindo Jaya 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 Multi Spunindo Jaya Tbk Operating Margin % Chart

PT Multi Spunindo Jaya Tbk Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Operating Margin %
Get a 7-Day Free Trial 14.16 9.04 12.12 9.21 8.39

PT Multi Spunindo Jaya Tbk Quarterly Data
Dec20 Dec21 Dec22 Mar23 Jun23 Sep23 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 Premium Member Only Premium Member Only 10.76 11.09 6.12 6.75 11.65

ISX:MSJA vs AIN: Operating Margin % Comparison

For the Textile Manufacturing subindustry, PT Multi Spunindo Jaya 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 Multi Spunindo Jaya Tbk Operating Margin % vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, PT Multi Spunindo Jaya Tbk's Operating Margin % distribution charts can be found below:

* The bar in red indicates where PT Multi Spunindo Jaya Tbk's Operating Margin % falls into.


ISX:MSJA
57GF Score
PT Multi Spunindo Jaya Tbk ISX:MSJA
Operating Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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PT Multi Spunindo Jaya 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 Multi Spunindo Jaya 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 )
=90017.994 / 1072614.181
=8.39 %

PT Multi Spunindo Jaya 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 )
=42535.198 / 365186.356
=11.65 %

* 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 11.65% mean?
PT Multi Spunindo Jaya Tbk (ISX:MSJA) has a Operating Margin % of 11.65% as of Jun. 2026. Operating margin is the ratio of total operating income to net sales. View historical data on PT Multi Spunindo Jaya Tbk and its competitors. This is near median its historical median of 10.67. Over the past decade, PT Multi Spunindo Jaya Tbk's Operating Margin % has ranged from 8.39 to 22.54. According to the industry distribution chart, PT Multi Spunindo Jaya Tbk ranks #279 out of 1042 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 26.8%.
Is PT Multi Spunindo Jaya Tbk's Operating Margin % too high?
PT Multi Spunindo Jaya Tbk's current Operating Margin % of 11.65% is near median its 10-year median of 10.67. Over the past 10 years, this metric has ranged from a low of 8.39 to a high of 22.54. The Manufacturing - Apparel & Accessories industry median Operating Margin % is 4.21. PT Multi Spunindo Jaya Tbk's value of 11.65% is 177.1% above this industry median. Based on the distribution chart, PT Multi Spunindo Jaya Tbk ranks #279 out of 1042 companies in the Manufacturing - Apparel & Accessories industry, which is above the industry midpoint. Overall, PT Multi Spunindo Jaya Tbk has a GF Score™ of 57/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does PT Multi Spunindo Jaya Tbk's Operating Margin % compare to AIN?
According to the Manufacturing - Apparel & Accessories industry distribution chart, PT Multi Spunindo Jaya Tbk ranks #279 out of 1042 companies for Operating Margin %. This puts PT Multi Spunindo Jaya Tbk in the upper half of its industry. The industry median Operating Margin % is 4.21. PT Multi Spunindo Jaya Tbk's value of 11.65% is 177.1% above this benchmark. Historically, PT Multi Spunindo Jaya Tbk's own Operating Margin % has ranged from 8.39 to 22.54 over the past decade. While the company's 10-year median is 10.67 vs. the industry median of 4.21, PT Multi Spunindo Jaya 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 Manufacturing - Apparel & Accessories company?
The median Operating Margin % among Manufacturing - Apparel & Accessories companies is 4.21, based on 1,042 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 Multi Spunindo Jaya Tbk's current Operating Margin % of 11.65% is 177.1% 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 Multi Spunindo Jaya Tbk and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Operating Margin % is 4.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT Multi Spunindo Jaya Tbk's current Operating Margin % is 11.65%, which is near median its own 10-year median of 10.67. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Multi Spunindo Jaya Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Multi Spunindo Jaya Tbk (ISX:MSJA) is currently considered Modestly Overvalued. The stock's GF Value™ is Rp345.06, compared to a current price of Rp412.00 — trading 19.4% above its estimated fair value. The current Operating Margin % is 11.65%, which is near median its 10-year median of 10.67 and 177.1% above the Manufacturing - Apparel & Accessories industry median of 4.21. PT Multi Spunindo Jaya Tbk's overall GF Score™ is 57/100 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 Multi Spunindo Jaya Tbk (ISX:MSJA), the current Operating Margin % is 11.65% 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 Multi Spunindo Jaya Tbk (ISX:MSJA) Overvalued in 2026?

Based on GuruFocus' analysis, PT Multi Spunindo Jaya Tbk stock appears to be overvalued. The current stock price of Rp412.00 is trading 19.4% above its estimated GF Value™ of Rp345.06. GuruFocus considers PT Multi Spunindo Jaya Tbk to be Modestly Overvalued.

Key valuation signals for ISX:MSJA:

  • Operating Margin %: 11.65% (near median its 10-year median of 10.67)
  • GF Value™: Rp345.06 vs. price of Rp412.00 (19.4% above fair value)
  • GF Score™: 57/100 with 7 warning signs
  • Industry Position: 177.1% above the Manufacturing - Apparel & Accessories median (#279 of 1042)

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


PT Multi Spunindo Jaya Tbk Business Description

Address Desa Jabaran, Kec. Belongbendo, Krian, Sidoarjo, Jawa Timur, IDN, 61263
PT Multi Spunindo Jaya Tbk is engaged in nonwoven industry on a business to business (B2B) basis. It produces nonwoven sheet products which are then used as a raw material for finished products in various sectors starting from the health sector (sanitary napkins, diapers, masks, and others) to the construction and agricultural sectors. It has two segments Local and Export. Geographically, it operates in Indonesia.
57GF Score

Get the complete analysis for ISX:MSJA

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

Rp412.00
Price
Rp345.06
GF Value