PT Suparma TbkISX:SPMA +0.98%78 Operating Margin % is 4.34% as of Mar. 2026, which is 50% below its 10-year median of 8.73. GuruFocus rates ISX:SPMA with a GF Score™ of 78/100 and a GF Value™ of Rp239.19 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 283 Forest Products companies, PT Suparma Tbk ranks better than 73.5% on this metric.
PT Suparma Tbk operating margin has been in a 5-year decline. The average rate of decline per year is -12.6%.
The historical rank and industry rank for PT Suparma Tbk's Operating Margin % or its related term are showing as below:
ISX:SPMA'
s Operating Margin % Range Over the Past 10 Years
Min: 6.73 Med: 8.73 Max: 16.77
Current: 6.73
ISX:SPMA's Operating Margin % is ranked better than 73.5% of 283
companies
in the Forest Products industry
Industry Median: 2.6
vs ISX:SPMA: 6.73
PT Suparma Tbk's 5-Year Average Operating Margin % Growth Rate was -12.60% per year.
PT Suparma Tbk's Operating Income for the
three
months ended in Mar. 2026 was Rp28,365 Mil.
Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2026 was Rp185,503 Mil.
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 Suparma Tbk Operating Margin % Related Terms
PT Suparma Tbk Operating Margin % Historical Data
* Premium members only.
The historical data trend for PT Suparma 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.
For the Paper & Paper Products subindustry, PT Suparma 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 Suparma Tbk Operating Margin % vs Forest Products Industry
For the Forest Products industry and Basic Materials sector, PT Suparma Tbk's Operating Margin % distribution charts can be found below:
* The bar in red indicates where PT Suparma 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.
PT Suparma 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 Suparma Tbk (ISX:SPMA) has a Operating Margin % of 4.34% as of Mar. 2026. Operating margin is the ratio of total operating income to net sales. View historical data on PT Suparma Tbk and its competitors. This is 50% below median its historical median of 8.73. Over the past decade, PT Suparma Tbk's Operating Margin % has ranged from 6.73 to 16.77. According to the industry distribution chart, PT Suparma Tbk ranks #75 out of 283 companies in the Forest Products industry, placing it in the top 26.5%.
Is PT Suparma Tbk's Operating Margin % too high?
PT Suparma Tbk's current Operating Margin % of 4.34% is 50% below median its 10-year median of 8.73. Over the past 10 years, this metric has ranged from a low of 6.73 to a high of 16.77. The Forest Products industry median Operating Margin % is 2.60. PT Suparma Tbk's value of 4.34% is 66.9% above this industry median. Based on the distribution chart, PT Suparma Tbk ranks #75 out of 283 companies in the Forest Products industry, which is above the industry midpoint. Overall, PT Suparma Tbk has a GF Score™ of 78/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does PT Suparma Tbk's Operating Margin % compare to SLVM?
According to the Forest Products industry distribution chart, PT Suparma Tbk ranks #75 out of 283 companies for Operating Margin %. This puts PT Suparma Tbk in the upper half of its industry. The industry median Operating Margin % is 2.60. PT Suparma Tbk's value of 4.34% is 66.9% above this benchmark. Historically, PT Suparma Tbk's own Operating Margin % has ranged from 6.73 to 16.77 over the past decade. While the company's 10-year median is 8.73 vs. the industry median of 2.60, PT Suparma 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 Forest Products company?
The median Operating Margin % among Forest Products companies is 2.60, based on 283 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 Suparma Tbk's current Operating Margin % of 4.34% is 66.9% 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 Suparma Tbk and its competitors. For the Forest Products industry, the median Operating Margin % is 2.60 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT Suparma Tbk's current Operating Margin % is 4.34%, which is 50% below median its own 10-year median of 8.73. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Suparma Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Suparma Tbk (ISX:SPMA) is currently considered Modestly Undervalued. The stock's GF Value™ is Rp239.19, compared to a current price of Rp206.00 — trading 13.9% below its estimated fair value. The current Operating Margin % is 4.34%, which is 50% below median its 10-year median of 8.73 and 66.9% above the Forest Products industry median of 2.60. PT Suparma Tbk's overall GF Score™ is 78/100 with 6 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 Suparma Tbk (ISX:SPMA), the current Operating Margin % is 4.34% 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 Suparma Tbk (ISX:SPMA) Overvalued in 2026?
Based on GuruFocus' analysis, PT Suparma Tbk stock appears to be undervalued.
The current stock price of Rp206.00 is trading 13.9% below its estimated GF Value™ of Rp239.19.
GuruFocus considers PT Suparma Tbk to be Modestly Undervalued.
Key valuation signals for ISX:SPMA:
Operating Margin %: 4.34% (50% below median its 10-year median of 8.73)
GF Value™: Rp239.19 vs. price of Rp206.00 (13.9% below fair value)
Industry Position: 66.9% above the Forest Products median (#75 of 283)
No single metric tells the full story. See the ISX:SPMA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
PT Suparma Tbk is an Indonesia-based company that manufactures paper and paper products. The group manufactured paper and paper wrapping products for the industrial and consumer sectors. The firm offers Laminated Wrapping Kraft, Samson Kraft, MG Paper, Coated Duplex Board, Bathroom Tissue, Carrier Tissue, Industrial Roll Towel, Kitchen Towel, and Other products. Geographically, the firm generates the majority of its revenue from the local market.
78GF Score
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