PT Trimegah Bangun Persada TbkISX:NCKL -1.20%97 Operating Margin % is 15.06% as of Mar. 2026, which is 48% below its 10-year median of 29.12. GuruFocus rates ISX:NCKL with a GF Score™ of 97/100 and a GF Value™ of Rp1,165.36 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 840 Metals & Mining companies, PT Trimegah Bangun Persada Tbk ranks better than 75.83% on this metric.
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 Trimegah Bangun Persada Tbk Operating Margin % Related Terms
PT Trimegah Bangun Persada Tbk Operating Margin % Historical Data
* 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.
For the Other Industrial Metals & Mining subindustry, PT Trimegah Bangun Persada 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 Trimegah Bangun Persada Tbk Operating Margin % vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, PT Trimegah Bangun Persada Tbk's Operating Margin % distribution charts can be found below:
* The bar in red indicates where PT Trimegah Bangun Persada Tbk's Operating Margin % falls into.
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.
* 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 Trimegah Bangun Persada Tbk (ISX:NCKL) has a Operating Margin % of 15.06% as of Mar. 2026. Operating margin is the ratio of total operating income to net sales. View historical data on PT Trimegah Bangun Persada Tbk and its competitors. This is 48% below median its historical median of 29.12. Over the past decade, PT Trimegah Bangun Persada Tbk's Operating Margin % has ranged from 25.13 to 42.90. According to the industry distribution chart, PT Trimegah Bangun Persada Tbk ranks #203 out of 840 companies in the Metals & Mining industry, placing it in the top 24.2%.
Is PT Trimegah Bangun Persada Tbk's Operating Margin % too high?
PT Trimegah Bangun Persada Tbk's current Operating Margin % of 15.06% is 48% below median its 10-year median of 29.12. Over the past 10 years, this metric has ranged from a low of 25.13 to a high of 42.90. The Metals & Mining industry median Operating Margin % is 5.86. PT Trimegah Bangun Persada Tbk's value of 15.06% is 157% above this industry median. Based on the distribution chart, PT Trimegah Bangun Persada Tbk ranks #203 out of 840 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers. Overall, PT Trimegah Bangun Persada Tbk has a GF Score™ of 97/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does PT Trimegah Bangun Persada Tbk's Operating Margin % compare to competitors?
According to the Metals & Mining industry distribution chart, PT Trimegah Bangun Persada Tbk ranks #203 out of 840 companies for Operating Margin %. This places PT Trimegah Bangun Persada Tbk in the top 24% of its industry — outperforming the majority of peers. The industry median Operating Margin % is 5.86. PT Trimegah Bangun Persada Tbk's value of 15.06% is 157% above this benchmark. Historically, PT Trimegah Bangun Persada Tbk's own Operating Margin % has ranged from 25.13 to 42.90 over the past decade. While the company's 10-year median is 29.12 vs. the industry median of 5.86, PT Trimegah Bangun Persada 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 Metals & Mining company?
The median Operating Margin % among Metals & Mining companies is 5.86, based on 840 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 Trimegah Bangun Persada Tbk's current Operating Margin % of 15.06% is 157% 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 Trimegah Bangun Persada Tbk and its competitors. For the Metals & Mining industry, the median Operating Margin % is 5.86 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT Trimegah Bangun Persada Tbk's current Operating Margin % is 15.06%, which is 48% below median its own 10-year median of 29.12. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Trimegah Bangun Persada Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Trimegah Bangun Persada Tbk (ISX:NCKL) is currently considered Significantly Undervalued. The stock's GF Value™ is Rp1,165.36, compared to a current price of Rp820.00 — trading 29.6% below its estimated fair value. The current Operating Margin % is 15.06%, which is 48% below median its 10-year median of 29.12 and 157% above the Metals & Mining industry median of 5.86. PT Trimegah Bangun Persada Tbk's overall GF Score™ is 97/100 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 Trimegah Bangun Persada Tbk (ISX:NCKL), the current Operating Margin % is 15.06% 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 Trimegah Bangun Persada Tbk (ISX:NCKL) Overvalued in 2026?
Based on GuruFocus' analysis, PT Trimegah Bangun Persada Tbk stock appears to be undervalued.
The current stock price of Rp820.00 is trading 29.6% below its estimated GF Value™ of Rp1,165.36.
GuruFocus considers PT Trimegah Bangun Persada Tbk to be Significantly Undervalued.
Key valuation signals for ISX:NCKL:
Operating Margin %: 15.06% (48% below median its 10-year median of 29.12)
GF Value™: Rp1,165.36 vs. price of Rp820.00 (29.6% below fair value)
Industry Position: 157% above the Metals & Mining median (#203 of 840)
No single metric tells the full story. See the ISX:NCKL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
PT Trimegah Bangun Persada Tbk Business Description
PT Trimegah Bangun Persada Tbk is an Indonesian nickel producer with upstream and downstream capabilities mainly based on the Obi Islands in North Maluku province. TBP Group is the pure-play nickel producer in Indonesia. Since its establishment, it has gained vital support from controlling owner Harita Jayaraya, part of the Harita Group, a conglomerate with over 100 years of business experience in Indonesia.
97GF Score
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