PT Sinar Mas Multiartha Tbk (ISX:SMMA) Pretax Margin %: -2.46% (As of Dec. 2025)

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ISX:SMMA PT Sinar Mas Multiartha Tbk ISX:SMMA
59 GF Score
Price Rp20,625.00
GF Value Rp15,052.91
Valuation Significantly Overvalued
! 2 Warning Signs
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What is PT Sinar Mas Multiartha Tbk Pretax Margin %?

PT Sinar Mas Multiartha Tbk ISX:SMMA 59 Pretax Margin % is -2.46% as of Dec. 2025. GuruFocus rates ISX:SMMA with a GF Score™ of 59/100 and a GF Value™ of Rp15,052.91 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 501 Insurance companies, PT Sinar Mas Multiartha Tbk ranks worse than 69.66% on this metric.

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. PT Sinar Mas Multiartha Tbk's Pre-Tax Income for the three months ended in Dec. 2025 was Rp-399,698 Mil. PT Sinar Mas Multiartha Tbk's Revenue for the three months ended in Dec. 2025 was Rp16,261,870 Mil. Therefore, PT Sinar Mas Multiartha Tbk's pretax margin for the quarter that ended in Dec. 2025 was -2.46%.

The historical rank and industry rank for PT Sinar Mas Multiartha Tbk's Pretax Margin % or its related term are showing as below:

ISX:SMMA' s Pretax Margin % Range Over the Past 10 Years
Min: -0.03   Med: 4.95   Max: 13.32
Current: 6.85


ISX:SMMA's Pretax Margin % is ranked worse than
69.66% of 501 companies
in the Insurance industry
Industry Median: 11.78 vs ISX:SMMA: 6.85

PT Sinar Mas Multiartha Tbk  (ISX:SMMA) Pretax Margin % Explanation

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 Sinar Mas Multiartha Tbk Pretax Margin % Related Terms


PT Sinar Mas Multiartha Tbk Pretax Margin % Historical Data

* Premium members only.

The historical data trend for PT Sinar Mas Multiartha Tbk's Pretax 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 Sinar Mas Multiartha Tbk Pretax Margin % Chart

PT Sinar Mas Multiartha Tbk Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.17 4.04 5.13 4.19 6.85

PT Sinar Mas Multiartha Tbk Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
Pretax 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 Premium Member Only 4.87 7.39 14.54 20.36 -2.46

ISX:SMMA vs BRK.A, AIG, HIG: Pretax Margin % Comparison

For the Insurance - Diversified subindustry, PT Sinar Mas Multiartha 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 Sinar Mas Multiartha Tbk Pretax Margin % vs Insurance Industry

For the Insurance industry and Financial Services sector, PT Sinar Mas Multiartha Tbk's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where PT Sinar Mas Multiartha Tbk's Pretax Margin % falls into.


ISX:SMMA
59GF Score
PT Sinar Mas Multiartha Tbk ISX:SMMA
Pretax Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

PT Sinar Mas Multiartha Tbk Pretax Margin % Calculation

Pretax margin - also known as pretax profit margin is the ratio of Pretax Income divided by net sales or Revenue, usually presented in percent.

PT Sinar Mas Multiartha Tbk's Pretax Margin for the fiscal year that ended in Dec. 2025 is calculated as

Pretax Margin=Pre-Tax Income (A: Dec. 2025 )/Revenue (A: Dec. 2025 )
=2455504/35844408
=6.85 %

PT Sinar Mas Multiartha Tbk's Pretax Margin for the quarter that ended in Dec. 2025 is calculated as

Pretax Margin=Pre-Tax Income (Q: Dec. 2025 )/Revenue (Q: Dec. 2025 )
=-399698/16261870
=-2.46 %

* 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 Pretax Margin % →
What does a Pretax Margin % of -2.46% mean?
PT Sinar Mas Multiartha Tbk (ISX:SMMA) has a Pretax Margin % of -2.46% as of Dec. 2025. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on PT Sinar Mas Multiartha Tbk and its competitors. According to the industry distribution chart, PT Sinar Mas Multiartha Tbk ranks #349 out of 501 companies in the Insurance industry, placing it in the top 69.7%.
Is PT Sinar Mas Multiartha Tbk's Pretax Margin % too high?
PT Sinar Mas Multiartha Tbk's current Pretax Margin % is -2.46%. Based on the distribution chart, PT Sinar Mas Multiartha Tbk ranks #349 out of 501 companies in the Insurance industry, which is below the industry midpoint. Overall, PT Sinar Mas Multiartha Tbk has a GF Score™ of 59/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does PT Sinar Mas Multiartha Tbk's Pretax Margin % compare to BRK.A and AIG?
According to the Insurance industry distribution chart, PT Sinar Mas Multiartha Tbk ranks #349 out of 501 companies for Pretax Margin %. This places PT Sinar Mas Multiartha Tbk in the lower half of its industry. The industry median Pretax Margin % is 11.78. 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 an Insurance company?
The median Pretax Margin % among Insurance companies is 11.78, based on 501 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. 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 Sinar Mas Multiartha Tbk and its competitors. For the Insurance industry, the median Pretax Margin % is 11.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT Sinar Mas Multiartha Tbk's current Pretax Margin % is -2.46%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Sinar Mas Multiartha Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Sinar Mas Multiartha Tbk (ISX:SMMA) is currently considered Significantly Overvalued. The stock's GF Value™ is Rp15,052.91, compared to a current price of Rp20,625.00 — trading 37% above its estimated fair value. The current Pretax Margin % is -2.46%. PT Sinar Mas Multiartha Tbk's overall GF Score™ is 59/100 with 2 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 Sinar Mas Multiartha Tbk (ISX:SMMA), the current Pretax Margin % is -2.46% as of Dec. 2025. 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 Sinar Mas Multiartha Tbk (ISX:SMMA) Overvalued in 2026?

Based on GuruFocus' analysis, PT Sinar Mas Multiartha Tbk stock appears to be overvalued. The current stock price of Rp20,625.00 is trading 37% above its estimated GF Value™ of Rp15,052.91. GuruFocus considers PT Sinar Mas Multiartha Tbk to be Significantly Overvalued.

Key valuation signals for ISX:SMMA:

  • Pretax Margin %: -2.46%
  • GF Value™: Rp15,052.91 vs. price of Rp20,625.00 (37% above fair value)
  • GF Score™: 59/100 with 2 warning signs

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


PT Sinar Mas Multiartha Tbk Business Description

Address Sinar Mas Land Plaza, Tower I Lt 1 dan 2, Jl. MH Thamrin No. 51, Jakarta, IDN, 10350
PT Sinar Mas Multiartha Tbk provides an integrated and comprehensive range of financial services in Indonesia. The company is engaged in insurance underwriting, consumer financing, factoring of accounts, securities administration, securities brokerage, investment management, banking, development, Information technology, trading, and other related services. It is also involved in the auction house, property, health clinic, and workshop activities.
59GF Score

Get the complete analysis for ISX:SMMA

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

Rp20,625.00
Price
Rp15,052.91
GF Value