Steel Pipe Industry of Indonesia Tbk PT banner

Steel Pipe Industry of Indonesia Tbk PT
IDX:ISSP

Watchlist Manager
Steel Pipe Industry of Indonesia Tbk PT Logo
Steel Pipe Industry of Indonesia Tbk PT
IDX:ISSP
Watchlist
Price: 492 IDR -0.81% Market Closed
Market Cap: Rp3.5T

Gross Margin

18.8%
Current
Improving
by 2.1%
vs 3-y average of 16.7%

Gross Margin shows how much money a company keeps from each dollar of sales after paying for the products it sells. It tells how profitable the company`s core business is before other expenses.

Gross Margin
18.8%
=
Gross Profit
Rp1.1T
/
Revenue
Rp5.9T

Gross Margin shows how much money a company keeps from each dollar of sales after paying for the products it sells. It tells how profitable the company`s core business is before other expenses.

Gross Margin
18.8%
=
Gross Profit
Rp1.1T
/
Revenue
Rp5.9T

Peer Comparison

Country Company Market Cap Gross
Margin
ID
Steel Pipe Industry of Indonesia Tbk PT
IDX:ISSP
3.5T IDR
Loading...
ZA
Kumba Iron Ore Ltd
JSE:KIO
103.2B ZAR
Loading...
BR
Vale SA
BOVESPA:VALE3
338.3B BRL
Loading...
AU
Fortescue Ltd
XMUN:FVJ
37.8B EUR
Loading...
AU
Fortescue Metals Group Ltd
ASX:FMG
62.9B AUD
Loading...
LU
ArcelorMittal SA
AEX:MT
35.2B EUR
Loading...
US
Nucor Corp
NYSE:NUE
37.9B USD
Loading...
IN
JSW Steel Ltd
NSE:JSWSTEEL
2.9T INR
Loading...
US
Steel Dynamics Inc
NASDAQ:STLD
25.6B USD
Loading...
IN
Tata Steel Ltd
NSE:TATASTEEL
2.4T INR
Loading...
CN
Baoshan Iron & Steel Co Ltd
SSE:600019
153.3B CNY
Loading...

Market Distribution

In line with most companies in Indonesia
Percentile
46th
Based on 1 215 companies
46th percentile
18.8%
Low
-87 446.9% — 9.8%
Typical Range
9.8% — 37%
High
37% — 1 023 491.4%
Distribution Statistics
Indonesia
Min -87 446.9%
30th Percentile 9.8%
Median 20.5%
70th Percentile 37%
Max 1 023 491.4%

Steel Pipe Industry of Indonesia Tbk PT
Glance View

Market Cap
3.5T IDR
Industry
Metals & Mining

PT Steel Pipe Industry of Indonesia Tbk engages in the manufacture of metal iron and steel. The company is headquartered in Surabaya, Jawa Timur and currently employs 1,110 full-time employees. The company went IPO on 2013-02-22. Its products include black pipes, water pipes, mechanical pipes, furniture pipes, API pipes, steel poles, spiral pipes as well as industrial and ornament stainless steel pipes. The welding techniques it implements in its manufacturing plants include high frequency welding (HFW), spiral submerged arc welding (SSAW) and tungsten inert gas (TIG). Its manufacturing facilities are located in Surabaya, Pasuruan, Karawang and Sidoarjo, Indonesia. The firm markets its carbon steel pipes and stainless steel pipes under the brand names Spindo and Tetsura, respectively.

ISSP Intrinsic Value
539.27 IDR
Undervaluation 9%
Intrinsic Value
Price
What is Gross Margin?
Gross Margin shows how much money a company keeps from each dollar of sales after paying for the products it sells. It tells how profitable the company`s core business is before other expenses.
How is Gross Margin calculated?

Gross Margin is calculated by dividing the Gross Profit by the Revenue.

Gross Margin
18.8%
=
Gross Profit
Rp1.1T
/
Revenue
Rp5.9T
What is Steel Pipe Industry of Indonesia Tbk PT's current Gross Margin?

The current Gross Margin for Steel Pipe Industry of Indonesia Tbk PT is 18.8%, which is above its 3-year median of 16.7%.

How has Gross Margin changed over time?

Over the last 3 years, Steel Pipe Industry of Indonesia Tbk PT’s Gross Margin has increased from 11.9% to 18.8%. During this period, it reached a low of 11.9% on Dec 31, 2022 and a high of 19.1% on Sep 30, 2025.

Back to Top
Get AI-powered insights for any company or topic.
Open AI Assistant

Intrinsic Value is all-important and is the only logical way to evaluate the relative attractiveness of investments and businesses.

Warren Buffett