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PT Merdeka Copper Gold TbkISX:MDKA -4.68%93 Pretax Margin % is 23.79% as of Mar. 2026, which is 60% above its 10-year median of 14.89. GuruFocus rates ISX:MDKA with a GF Score™ of 93/100 and a GF Value™ of Rp3,367.98 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 842 Metals & Mining companies, PT Merdeka Copper Gold Tbk ranks better than 56.53% on this metric.
The pretax margin, as know as pretax profit margin, is widely used to measure the operating efficiency of a company before deducting taxes.
The pretax margin is sometimes preferred over the net margin as tax expenditures can make profitability comparisons between companies misleading.
It is a useful tool to compare companies operating in the same sector and less effective when comparing companies from other sectors as each industry generally has different operating expenses and sales patterns.
The long term trend of the pretax margin is a good indicator of the competitiveness and health of the business.
PT Merdeka Copper Gold Tbk Pretax Margin % Related Terms
PT Merdeka Copper Gold Tbk Pretax 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 Merdeka Copper Gold Tbk's Pretax Margin %, along with its competitors' market caps and Pretax 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 Merdeka Copper Gold Tbk Pretax Margin % vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, PT Merdeka Copper Gold Tbk's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where PT Merdeka Copper Gold Tbk's Pretax Margin % falls into.
* 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 Merdeka Copper Gold Tbk (ISX:MDKA) has a Pretax Margin % of 23.79% as of Mar. 2026. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on PT Merdeka Copper Gold Tbk and its competitors. This is 60% above median its historical median of 14.89. Over the past decade, PT Merdeka Copper Gold Tbk's Pretax Margin % has ranged from 0.72 to 48.75. According to the industry distribution chart, PT Merdeka Copper Gold Tbk ranks #366 out of 842 companies in the Metals & Mining industry, placing it in the top 43.5%.
Is PT Merdeka Copper Gold Tbk's Pretax Margin % too high?
PT Merdeka Copper Gold Tbk's current Pretax Margin % of 23.79% is 60% above median its 10-year median of 14.89. Over the past 10 years, this metric has ranged from a low of 0.72 to a high of 48.75. The Metals & Mining industry median Pretax Margin % is 4.87. PT Merdeka Copper Gold Tbk's value of 23.79% is 388.5% above this industry median. Based on the distribution chart, PT Merdeka Copper Gold Tbk ranks #366 out of 842 companies in the Metals & Mining industry, which is above the industry midpoint. Overall, PT Merdeka Copper Gold Tbk has a GF Score™ of 93/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does PT Merdeka Copper Gold Tbk's Pretax Margin % compare to competitors?
According to the Metals & Mining industry distribution chart, PT Merdeka Copper Gold Tbk ranks #366 out of 842 companies for Pretax Margin %. This puts PT Merdeka Copper Gold Tbk in the upper half of its industry. The industry median Pretax Margin % is 4.87. PT Merdeka Copper Gold Tbk's value of 23.79% is 388.5% above this benchmark. Historically, PT Merdeka Copper Gold Tbk's own Pretax Margin % has ranged from 0.72 to 48.75 over the past decade. While the company's 10-year median is 14.89 vs. the industry median of 4.87, PT Merdeka Copper Gold 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 Pretax Margin % for a Metals & Mining company?
The median Pretax Margin % among Metals & Mining companies is 4.87, based on 842 companies in the industry. Companies in the top quartile (top 25%) have a Pretax Margin % significantly above this median, while those in the bottom quartile fall well below. However, Pretax Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. PT Merdeka Copper Gold Tbk's current Pretax Margin % of 23.79% is 388.5% 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 Pretax Margin % mean?
A high Pretax Margin % can signal that a stock is expensive relative to its fundamentals. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on PT Merdeka Copper Gold Tbk and its competitors. For the Metals & Mining industry, the median Pretax Margin % is 4.87 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT Merdeka Copper Gold Tbk's current Pretax Margin % is 23.79%, which is 60% above median its own 10-year median of 14.89. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Merdeka Copper Gold Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Merdeka Copper Gold Tbk (ISX:MDKA) is currently considered Modestly Undervalued. The stock's GF Value™ is Rp3,367.98, compared to a current price of Rp2,650.00 — trading 21.3% below its estimated fair value. The current Pretax Margin % is 23.79%, which is 60% above median its 10-year median of 14.89 and 388.5% above the Metals & Mining industry median of 4.87. PT Merdeka Copper Gold Tbk's overall GF Score™ is 93/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Pretax Margin % calculated?
Pretax Margin % is calculated from a company's financial statements. For PT Merdeka Copper Gold Tbk (ISX:MDKA), the current Pretax Margin % is 23.79% 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 Merdeka Copper Gold Tbk (ISX:MDKA) Overvalued in 2026?
Based on GuruFocus' analysis, PT Merdeka Copper Gold Tbk stock appears to be undervalued.
The current stock price of Rp2,650.00 is trading 21.3% below its estimated GF Value™ of Rp3,367.98.
GuruFocus considers PT Merdeka Copper Gold Tbk to be Modestly Undervalued.
Key valuation signals for ISX:MDKA:
Pretax Margin %: 23.79% (60% above median its 10-year median of 14.89)
GF Value™: Rp3,367.98 vs. price of Rp2,650.00 (21.3% below fair value)
Industry Position: 388.5% above the Metals & Mining median (#366 of 842)
No single metric tells the full story. See the ISX:MDKA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
AddressJalan Jenderal Sudirman Kav. 52-53, Treasury Tower, 67th-68th Floor, District 8 SCBD Lot. 28, Senayan, Kebayoran Baru, South Jakarta, Jakarta, IDN, 12190
PT Merdeka Copper Gold Tbk is a holding company. Along with its subsidiary, the company engages in the field of mining and other management consultancy activities. The company's gold projects consist of the Tujuh Bukit Gold Mine and the Pani Gold Project. The copper projects include Wetar Copper Mine and Tujuh Bukit Copper Project. The Nickel project comprises SCM Mine, RKEF Smelters, Nickel Matte Converter, AIM Project, HPAL Facilities, and IKIP. The majority of the company's revenue is generated by the Nickel segment.
93GF Score
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