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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
* 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.
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.
* 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 (ISX:SMMA) has a Pretax Margin % of 7.72% as of Mar. 2026. 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. This is 56% above median its historical median of 4.95. According to the industry distribution chart, PT Sinar Mas Multiartha Tbk ranks #339 out of 499 companies in the Insurance industry, placing it in the top 67.9%.
Is PT Sinar Mas Multiartha Tbk's Pretax Margin % too high?
PT Sinar Mas Multiartha Tbk's current Pretax Margin % of 7.72% is 56% above median its 10-year median of 4.95. The Insurance industry median Pretax Margin % is 11.90. PT Sinar Mas Multiartha Tbk's value of 7.72% is 35.1% below this industry median. Based on the distribution chart, PT Sinar Mas Multiartha Tbk ranks #339 out of 499 companies in the Insurance industry, which is below the industry midpoint. Overall, PT Sinar Mas Multiartha Tbk has a GF Score™ of 63/100 and is considered Modestly 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 #339 out of 499 companies for Pretax Margin %. This places PT Sinar Mas Multiartha Tbk in the lower half of its industry. The industry median Pretax Margin % is 11.90. PT Sinar Mas Multiartha Tbk's value of 7.72% is 35.1% below this benchmark. While the company's 10-year median is 4.95 vs. the industry median of 11.90, PT Sinar Mas Multiartha 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 Pretax Margin % for an Insurance company?
The median Pretax Margin % among Insurance companies is 11.90, based on 499 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 Sinar Mas Multiartha Tbk's current Pretax Margin % of 7.72% is 35.1% 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 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 11.90 — 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 7.72%, which is 56% above median its own 10-year median of 4.95. 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 Modestly Overvalued. The stock's GF Value™ is Rp15,929.52, compared to a current price of Rp20,175.00 — trading 26.7% above its estimated fair value. The current Pretax Margin % is 7.72%, which is 56% above median its 10-year median of 4.95 and 35.1% below the Insurance industry median of 11.90. PT Sinar Mas Multiartha Tbk's overall GF Score™ is 63/100 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 7.72% 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 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 Rp20,175.00 is trading 26.7% above its estimated GF Value™ of Rp15,929.52.
GuruFocus considers PT Sinar Mas Multiartha Tbk to be Modestly Overvalued.
Key valuation signals for ISX:SMMA:
Pretax Margin %: 7.72% (56% above median its 10-year median of 4.95)
GF Value™: Rp15,929.52 vs. price of Rp20,175.00 (26.7% above fair value)
Industry Position: 35.1% below the Insurance median (#339 of 499)
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 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.
63GF Score
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