PT Victoria Investama TbkISX:VICO 77 Operating Margin % is 71.85% as of Mar. 2026, which is 2% below its 10-year median of 73.62. GuruFocus rates ISX:VICO with a GF Score™ of 77/100 and a GF Value™ of Rp160.22 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 656 Asset Management companies, PT Victoria Investama Tbk ranks better than 77.74% on this metric.
PT Victoria Investama Tbk (ISX:VICO) 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 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 Victoria Investama Tbk Operating Margin % Related Terms
PT Victoria Investama 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.
PT Victoria Investama Tbk Operating Margin % Chart
ISX:VICO vs BLK, BX, KKR: Operating Margin % Comparison
For the Asset Management subindustry, PT Victoria Investama 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 Victoria Investama Tbk Operating Margin % vs Asset Management Industry
For the Asset Management industry and Financial Services sector, PT Victoria Investama Tbk's Operating Margin % distribution charts can be found below:
* The bar in red indicates where PT Victoria Investama Tbk's Operating Margin % falls into.
PT Victoria Investama 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 Victoria Investama 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 Victoria Investama Tbk (ISX:VICO) has a Operating Margin % of 71.85% as of Mar. 2026. Operating margin is the ratio of total operating income to net sales. View historical data on PT Victoria Investama Tbk and its competitors. This is near median its historical median of 73.62. Over the past decade, PT Victoria Investama Tbk's Operating Margin % has ranged from 60.95 to 77.35. According to the industry distribution chart, PT Victoria Investama Tbk ranks #146 out of 656 companies in the Asset Management industry, placing it in the top 22.3%.
Is PT Victoria Investama Tbk's Operating Margin % too high?
PT Victoria Investama Tbk's current Operating Margin % of 71.85% is near median its 10-year median of 73.62. Over the past 10 years, this metric has ranged from a low of 60.95 to a high of 77.35. The Asset Management industry median Operating Margin % is 17.00. PT Victoria Investama Tbk's value of 71.85% is 322.6% above this industry median. Based on the distribution chart, PT Victoria Investama Tbk ranks #146 out of 656 companies in the Asset Management industry, which is in the top quartile — a strong position relative to peers. Overall, PT Victoria Investama Tbk has a GF Score™ of 77/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does PT Victoria Investama Tbk's Operating Margin % compare to BLK and BX?
According to the Asset Management industry distribution chart, PT Victoria Investama Tbk ranks #146 out of 656 companies for Operating Margin %. This places PT Victoria Investama Tbk in the top 22% of its industry — outperforming the majority of peers. The industry median Operating Margin % is 17.00. PT Victoria Investama Tbk's value of 71.85% is 322.6% above this benchmark. Historically, PT Victoria Investama Tbk's own Operating Margin % has ranged from 60.95 to 77.35 over the past decade. While the company's 10-year median is 73.62 vs. the industry median of 17.00, PT Victoria Investama 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 an Asset Management company?
The median Operating Margin % among Asset Management companies is 17.00, based on 656 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 Victoria Investama Tbk's current Operating Margin % of 71.85% is 322.6% 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 Victoria Investama Tbk and its competitors. For the Asset Management industry, the median Operating Margin % is 17.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT Victoria Investama Tbk's current Operating Margin % is 71.85%, which is near median its own 10-year median of 73.62. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Victoria Investama Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Victoria Investama Tbk (ISX:VICO) is currently considered Modestly Undervalued. The stock's GF Value™ is Rp160.22, compared to a current price of Rp139.00 — trading 13.2% below its estimated fair value. The current Operating Margin % is 71.85%, which is near median its 10-year median of 73.62 and 322.6% above the Asset Management industry median of 17.00. PT Victoria Investama Tbk's overall GF Score™ is 77/100 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 Victoria Investama Tbk (ISX:VICO), the current Operating Margin % is 71.85% 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 Victoria Investama Tbk (ISX:VICO) Overvalued in 2026?
Based on GuruFocus' analysis, PT Victoria Investama Tbk stock appears to be undervalued.
The current stock price of Rp139.00 is trading 13.2% below its estimated GF Value™ of Rp160.22.
GuruFocus considers PT Victoria Investama Tbk to be Modestly Undervalued.
Key valuation signals for ISX:VICO:
Operating Margin %: 71.85% (near median its 10-year median of 73.62)
GF Value™: Rp160.22 vs. price of Rp139.00 (13.2% below fair value)
Industry Position: 322.6% above the Asset Management median (#146 of 656)
No single metric tells the full story. See the ISX:VICO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
PT Victoria Investama Tbk is a holding company engaged in the investment sector, with a focus on providing integrated financial services for both corporate clients and retail customers. It provides various services including Securities Trading, Securities Underwriting, Asset Management, General Insurance, Life Insurance, as well as Banking. The company's segments include consulting services, underwriting and securities trading brokerage, loss insurance, investment management, life insurance and banking. The banking segment is the main revenue contributor.
77GF Score
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