PT Calculus Global Ventures Tbk (ISX:STAR) Pretax Margin %: 196.93% (As of Mar. 2026) — 293% Above Median


ISX:STAR PT Calculus Global Ventures Tbk ISX:STAR
59 GF Score
Price Rp280.00
GF Value Rp111.36
Valuation Significantly Overvalued
! 1 Warning Sign
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What is PT Calculus Global Ventures Tbk Pretax Margin %?

PT Calculus Global Ventures Tbk ISX:STAR 59 Pretax Margin % is 196.93% as of Mar. 2026, which is 293% above its 10-year median of 50.10. GuruFocus rates ISX:STAR with a GF Score™ of 59/100 and a GF Value™ of Rp111.36 (Significantly Overvalued). The stock has 1 warning sign investors should review. Among 1,569 Asset Management companies, PT Calculus Global Ventures Tbk ranks better than 95.03% on this metric.

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. PT Calculus Global Ventures Tbk's Pre-Tax Income for the three months ended in Mar. 2026 was Rp4,975 Mil. PT Calculus Global Ventures Tbk's Revenue for the three months ended in Mar. 2026 was Rp2,527 Mil. Therefore, PT Calculus Global Ventures Tbk's pretax margin for the quarter that ended in Mar. 2026 was 196.93%.

The historical rank and industry rank for PT Calculus Global Ventures Tbk's Pretax Margin % or its related term are showing as below:

ISX:STAR' s Pretax Margin % Range Over the Past 10 Years
Min: 4.16   Med: 50.1   Max: 351.86
Current: 325.21


ISX:STAR's Pretax Margin % is ranked better than
95.03% of 1569 companies
in the Asset Management industry
Industry Median: 89.52 vs ISX:STAR: 325.21

PT Calculus Global Ventures Tbk  (ISX:STAR) 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 Calculus Global Ventures Tbk Pretax Margin % Related Terms


PT Calculus Global Ventures Tbk Pretax Margin % Historical Data

* Premium members only.

The historical data trend for PT Calculus Global Ventures 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 Calculus Global Ventures Tbk Pretax Margin % Chart

PT Calculus Global Ventures 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 271.70 40.65 59.54 104.20 351.86

PT Calculus Global Ventures Tbk Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 225.84 137.06 186.27 737.81 196.93

ISX:STAR vs BLK, BX, KKR: Pretax Margin % Comparison

For the Asset Management subindustry, PT Calculus Global Ventures 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 Calculus Global Ventures Tbk Pretax Margin % vs Asset Management Industry

For the Asset Management industry and Financial Services sector, PT Calculus Global Ventures Tbk's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where PT Calculus Global Ventures Tbk's Pretax Margin % falls into.


ISX:STAR
59GF Score
PT Calculus Global Ventures Tbk ISX:STAR
Pretax Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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PT Calculus Global Ventures 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 Calculus Global Ventures 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 )
=23286.314/6618.151
=351.86 %

PT Calculus Global Ventures Tbk's Pretax Margin for the quarter that ended in Mar. 2026 is calculated as

Pretax Margin=Pre-Tax Income (Q: Mar. 2026 )/Revenue (Q: Mar. 2026 )
=4975.388/2526.538
=196.93 %

* 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 196.93% mean?
PT Calculus Global Ventures Tbk (ISX:STAR) has a Pretax Margin % of 196.93% as of Mar. 2026. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on PT Calculus Global Ventures Tbk and its competitors. This is 293% above median its historical median of 50.10. Over the past decade, PT Calculus Global Ventures Tbk's Pretax Margin % has ranged from 4.16 to 351.86. According to the industry distribution chart, PT Calculus Global Ventures Tbk ranks #78 out of 1569 companies in the Asset Management industry, placing it in the top 5%.
Is PT Calculus Global Ventures Tbk's Pretax Margin % too high?
PT Calculus Global Ventures Tbk's current Pretax Margin % of 196.93% is 293% above median its 10-year median of 50.10. Over the past 10 years, this metric has ranged from a low of 4.16 to a high of 351.86. The Asset Management industry median Pretax Margin % is 89.52. PT Calculus Global Ventures Tbk's value of 196.93% is 120% above this industry median. Based on the distribution chart, PT Calculus Global Ventures Tbk ranks #78 out of 1569 companies in the Asset Management industry, which is in the top quartile — a strong position relative to peers. Overall, PT Calculus Global Ventures 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 Calculus Global Ventures Tbk's Pretax Margin % compare to BLK and BX?
According to the Asset Management industry distribution chart, PT Calculus Global Ventures Tbk ranks #78 out of 1569 companies for Pretax Margin %. This places PT Calculus Global Ventures Tbk in the top 5% of its industry — outperforming the majority of peers. The industry median Pretax Margin % is 89.52. PT Calculus Global Ventures Tbk's value of 196.93% is 120% above this benchmark. Historically, PT Calculus Global Ventures Tbk's own Pretax Margin % has ranged from 4.16 to 351.86 over the past decade. While the company's 10-year median is 50.10 vs. the industry median of 89.52, PT Calculus Global Ventures 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 an Asset Management company?
The median Pretax Margin % among Asset Management companies is 89.52, based on 1,569 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 Calculus Global Ventures Tbk's current Pretax Margin % of 196.93% is 120% 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 Calculus Global Ventures Tbk and its competitors. For the Asset Management industry, the median Pretax Margin % is 89.52 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT Calculus Global Ventures Tbk's current Pretax Margin % is 196.93%, which is 293% above median its own 10-year median of 50.10. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Calculus Global Ventures Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Calculus Global Ventures Tbk (ISX:STAR) is currently considered Significantly Overvalued. The stock's GF Value™ is Rp111.36, compared to a current price of Rp280.00 — trading 151.4% above its estimated fair value. The current Pretax Margin % is 196.93%, which is 293% above median its 10-year median of 50.10 and 120% above the Asset Management industry median of 89.52. PT Calculus Global Ventures Tbk's overall GF Score™ is 59/100 with 1 warning sign 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 Calculus Global Ventures Tbk (ISX:STAR), the current Pretax Margin % is 196.93% 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 Calculus Global Ventures Tbk (ISX:STAR) Overvalued in 2026?

Based on GuruFocus' analysis, PT Calculus Global Ventures Tbk stock appears to be overvalued. The current stock price of Rp280.00 is trading 151.4% above its estimated GF Value™ of Rp111.36. GuruFocus considers PT Calculus Global Ventures Tbk to be Significantly Overvalued.

Key valuation signals for ISX:STAR:

  • Pretax Margin %: 196.93% (293% above median its 10-year median of 50.10)
  • GF Value™: Rp111.36 vs. price of Rp280.00 (151.4% above fair value)
  • GF Score™: 59/100 with 1 warning sign
  • Industry Position: 120% above the Asset Management median (#78 of 1569)

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


PT Calculus Global Ventures Tbk Business Description

Address Jalan MH. Thamrin Number 1, Menara BCA Lot 45, Grand Indonesia, Jakarta Pusat, Jakarta, IDN, 10310
PT Calculus Global Ventures Tbk, formerly known as PT Buana Artha Anugerah Tbk, operates in the business area of investment management, particularly in asset management. The company is engaged in the management consulting business. The products of the company consist of mutual funds includes including foster equity fund, foster fixed income, and foster money market and management of securities portfolio. The company segments consist of investment management services and others.
59GF Score

Get the complete analysis for ISX:STAR

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

Rp280.00
Price
Rp111.36
GF Value