PT Cerestar Indonesia Tbk (ISX:TRGU) Operating Margin %: 4.34% (As of Mar. 2026) — 55% Above Median

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ISX:TRGU PT Cerestar Indonesia Tbk ISX:TRGU
45 GF Score
Price Rp165.00
GF Value Rp172.89
Valuation Fairly Valued
! 6 Warning Signs
View Full Analysis

What is PT Cerestar Indonesia Tbk Operating Margin %?

PT Cerestar Indonesia Tbk ISX:TRGU +1.23% 45 Operating Margin % is 4.34% as of Mar. 2026, which is 55% above its 10-year median of 2.80. GuruFocus rates ISX:TRGU with a GF Score™ of 45/100 and a GF Value™ of Rp172.89 (Fairly Valued). The stock has 6 warning signs investors should review. Among 1,954 Consumer Packaged Goods companies, PT Cerestar Indonesia Tbk ranks worse than 54.2% on this metric.

Operating Margin % is calculated as Operating Income divided by its Revenue. PT Cerestar Indonesia Tbk's Operating Income for the three months ended in Mar. 2026 was Rp37,192 Mil. PT Cerestar Indonesia Tbk's Revenue for the three months ended in Mar. 2026 was Rp857,413 Mil. Therefore, PT Cerestar Indonesia Tbk's Operating Margin % for the quarter that ended in Mar. 2026 was 4.34%.

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

ISX:TRGU' s Operating Margin % Range Over the Past 10 Years
Min: 1.89   Med: 2.8   Max: 5.7
Current: 4.59


ISX:TRGU's Operating Margin % is ranked worse than
54.2% of 1954 companies
in the Consumer Packaged Goods industry
Industry Median: 5.34 vs ISX:TRGU: 4.59

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

PT Cerestar Indonesia Tbk's Operating Income for the three months ended in Mar. 2026 was Rp37,192 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2026 was Rp176,635 Mil.

Warning Sign:

PT Cerestar Indonesia Tbk has recorded a loss in operating income at least once over the past 3 years.


PT Cerestar Indonesia Tbk  (ISX:TRGU) 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 Cerestar Indonesia Tbk Operating Margin % Related Terms


PT Cerestar Indonesia Tbk Operating Margin % Historical Data

* Premium members only.

The historical data trend for PT Cerestar Indonesia 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 Cerestar Indonesia Tbk Operating Margin % Chart

PT Cerestar Indonesia Tbk Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Operating Margin %
Get a 7-Day Free Trial 2.80 5.70 2.52 1.89 4.34

PT Cerestar Indonesia Tbk Quarterly Data
Dec20 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 3.15 7.17 6.50 0.96 4.34

ISX:TRGU vs KHC, GIS: Operating Margin % Comparison

For the Packaged Foods subindustry, PT Cerestar Indonesia 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 Cerestar Indonesia Tbk Operating Margin % vs Consumer Packaged Goods Industry

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

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


ISX:TRGU
45GF Score
PT Cerestar Indonesia Tbk ISX:TRGU
Operating Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

PT Cerestar Indonesia 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 Cerestar Indonesia 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 )
=165417.524 / 3812557.188
=4.34 %

PT Cerestar Indonesia 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 )
=37191.867 / 857412.906
=4.34 %

* 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 4.34% mean?
PT Cerestar Indonesia Tbk (ISX:TRGU) 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 Cerestar Indonesia Tbk and its competitors. This is 55% above median its historical median of 2.80. Over the past decade, PT Cerestar Indonesia Tbk's Operating Margin % has ranged from 1.89 to 5.70. According to the industry distribution chart, PT Cerestar Indonesia Tbk ranks #1059 out of 1954 companies in the Consumer Packaged Goods industry, placing it in the top 54.2%.
Is PT Cerestar Indonesia Tbk's Operating Margin % too high?
PT Cerestar Indonesia Tbk's current Operating Margin % of 4.34% is 55% above median its 10-year median of 2.80. Over the past 10 years, this metric has ranged from a low of 1.89 to a high of 5.70. The Consumer Packaged Goods industry median Operating Margin % is 5.34. PT Cerestar Indonesia Tbk's value of 4.34% is 18.7% below this industry median. Based on the distribution chart, PT Cerestar Indonesia Tbk ranks #1059 out of 1954 companies in the Consumer Packaged Goods industry, which is below the industry midpoint. Overall, PT Cerestar Indonesia Tbk has a GF Score™ of 45/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does PT Cerestar Indonesia Tbk's Operating Margin % compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, PT Cerestar Indonesia Tbk ranks #1059 out of 1954 companies for Operating Margin %. This places PT Cerestar Indonesia Tbk in the lower half of its industry. The industry median Operating Margin % is 5.34. PT Cerestar Indonesia Tbk's value of 4.34% is 18.7% below this benchmark. Historically, PT Cerestar Indonesia Tbk's own Operating Margin % has ranged from 1.89 to 5.70 over the past decade. While the company's 10-year median is 2.80 vs. the industry median of 5.34, PT Cerestar Indonesia 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 5.34, based on 1,954 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 Cerestar Indonesia Tbk's current Operating Margin % of 4.34% is 18.7% 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 Cerestar Indonesia Tbk and its competitors. For the Consumer Packaged Goods industry, the median Operating Margin % is 5.34 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT Cerestar Indonesia Tbk's current Operating Margin % is 4.34%, which is 55% above median its own 10-year median of 2.80. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Cerestar Indonesia Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Cerestar Indonesia Tbk (ISX:TRGU) is currently considered Fairly Valued. The stock's GF Value™ is Rp172.89, compared to a current price of Rp165.00 — trading 4.6% below its estimated fair value. The current Operating Margin % is 4.34%, which is 55% above median its 10-year median of 2.80 and 18.7% below the Consumer Packaged Goods industry median of 5.34. PT Cerestar Indonesia Tbk's overall GF Score™ is 45/100 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 Cerestar Indonesia Tbk (ISX:TRGU), 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 Cerestar Indonesia Tbk (ISX:TRGU) Overvalued in 2026?

Based on GuruFocus' analysis, PT Cerestar Indonesia Tbk stock appears to be undervalued. The current stock price of Rp165.00 is trading 4.6% below its estimated GF Value™ of Rp172.89. GuruFocus considers PT Cerestar Indonesia Tbk to be Fairly Valued.

Key valuation signals for ISX:TRGU:

  • Operating Margin %: 4.34% (55% above median its 10-year median of 2.80)
  • GF Value™: Rp172.89 vs. price of Rp165.00 (4.6% below fair value)
  • GF Score™: 45/100 with 6 warning signs
  • Industry Position: 18.7% below the Consumer Packaged Goods median (#1059 of 1954)

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


PT Cerestar Indonesia Tbk Business Description

Address Jalan M.H. Thamrin Nomor 81, The City Tower 28th Floor, Jakarta Pusat, IDN, 10310
PT Cerestar Indonesia Tbk is engaged in the flour industry and cereal/grain trading through subsidiaries and management consulting services. The Group reports segments based on operating divisions by main product produced in the form of wheat flour and animal feed, as well as flour and grain processing, and others.
45GF Score

Get the complete analysis for ISX:TRGU

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

Rp165.00
Price
Rp172.89
GF Value