Gudang Garam Tbk PT (GGRM.JK) Stock Price

Gudang Garam Tbk PT Price

🇮🇩IDX·CLOSED
15,525.00IDR
Market closed
Today +/-
Today %

Gudang Garam Tbk PT (GGRM.JK) Stock | ISIN ID1000068604 | WKN 887246. The current Gudang Garam Tbk PT stock price is 15,525 IDR (2026). Revenue is 93.88 T IDR. Net income is 2.13 T IDR. The P/E ratio is 14.05. Market capitalization is 29.87 T IDR. Gudang Garam Tbk PT operates in the Non-cyclical consumption sector.

Revenue has compounded at 7.5% per year over the past 19 years to 98.66 T IDR. Earnings per share have declined at 3.4% per year over the last 19 years. Gudang Garam Tbk PT's net margin stands at 1%, down from 6.7% several years earlier. Gudang Garam Tbk PT currently offers a dividend yield of about 7.73%. The payout ratio is around 114% of earnings. The dividend has grown at 5% per year over the past 18 years.

Gudang Garam Tbk PT stock price

Ex-Dividend
Details

Stock Price

How to Read This Chart

This chart tracks the historical stock price of Gudang Garam Tbk PT over time. You can switch between daily, weekly, and monthly views and select custom time ranges — from a single day to the full available history. Use the toggle to view price changes in absolute currency terms or as a percentage change relative to the starting date.

Total Return vs. Price Return

The "Total Return" toggle includes reinvested dividends on top of the pure price movement. This is critical because dividends can account for a significant portion of long-term returns. Historically, roughly 40 % of the S&P 500's total return has come from dividends. Always compare total return when evaluating a stock's real performance against a benchmark.

Intraday Price Data

When viewing a one-day time frame, the chart displays real-time intraday price movements. This is useful for observing how Gudang Garam Tbk PT stock reacts to market openings, earnings releases, or breaking news throughout the trading session.

What to Look For

Look for long-term trends (sustained upward or downward movements over months and years), support and resistance levels (price zones where the stock repeatedly bounces or reverses), and volatility (how much the price fluctuates day to day). Comparing Gudang Garam Tbk PT's price chart to a market index like the S&P 500 can reveal whether the stock is outperforming or underperforming the broader market.

Gudang Garam Tbk PT Stock Price History
DateGudang Garam Tbk PT Price
Access this data via the Eulerpool API

Gudang Garam Tbk PT Revenue, EBIT, Net Income

  • 3 Years

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Revenue
EBIT
Net Income
Details
Date
Revenue
EBIT
Net Income
Jan 1, 2005
24.85 T IDR
3.15 T IDR
1.89 T IDR
Jan 1, 2006
26.34 T IDR
2.19 T IDR
1.01 T IDR
Jan 1, 2007
28.16 T IDR
2.53 T IDR
1.44 T IDR
Jan 1, 2008
30.25 T IDR
3.17 T IDR
1.88 T IDR
Jan 1, 2009
32.97 T IDR
5.21 T IDR
3.46 T IDR
Jan 1, 2010
37.69 T IDR
5.86 T IDR
4.15 T IDR
Jan 1, 2011
41.88 T IDR
6.84 T IDR
4.89 T IDR
Jan 1, 2012
49.03 T IDR
6.04 T IDR
4.01 T IDR
Jan 1, 2013
55.44 T IDR
6.7 T IDR
4.33 T IDR
Jan 1, 2014
65.19 T IDR
8.56 T IDR
5.37 T IDR
Jan 1, 2015
70.37 T IDR
9.99 T IDR
6.44 T IDR
Jan 1, 2016
76.27 T IDR
10.12 T IDR
6.68 T IDR
Jan 1, 2017
83.31 T IDR
11.25 T IDR
7.75 T IDR
Jan 1, 2018
95.71 T IDR
11.12 T IDR
7.79 T IDR
Jan 1, 2019
110.52 T IDR
15.09 T IDR
10.88 T IDR

Gudang Garam Tbk PT Income Statement, Balance Sheet, Cash Flow Statement

Last updated Jun 16, 2026, 12:03 PM
 
REVENUE (T IDR)
REVENUE GROWTH (%)
GROSS MARGIN (%)
GROSS INCOME (T IDR)
NET INCOME (T IDR)
NET INCOME GROWTH (%)
DIV. (IDR)
DIV. GROWTH (%)
SHARES (B)
DOCUMENTS
202020212022202320242025e2026e2027e
114.48124.88124.68118.9598.6692.8293.8897.55
3.589.09-0.16-4.6-17.06-5.911.143.91
15.1911.438.912.279.5110.119.999.62
17.3914.2711.114.69.389.389.389.38
7.655.612.785.320.981.972.132.34
-29.71-26.71-50.4191.55-81.58100.448.1510.08
-2,6002,2501,200-5001,338.771,502.72
-13.46-46.67167.7512.25
1.921.921.921.921.921.921.921.92
Details

Income Statement Key Figures

Revenue and Revenue Growth

Revenue is the starting point of every income statement — it measures the total sales Gudang Garam Tbk PT generates from its core business. Revenue growth (expressed as year-over-year percentage change) is one of the most important indicators of business momentum. Sustained growth above 10 % annually is generally considered strong, while declining revenue is a serious warning sign that demands investigation.

Gross Margin

Gross margin = (Revenue − Cost of Goods Sold) ÷ Revenue. It reveals what percentage of each dollar of revenue Gudang Garam Tbk PT retains after direct production costs. High gross margins (above 50 %) are typical of asset-light businesses like software and brands, while capital-intensive industries like manufacturing often operate below 30 %. Compare Gudang Garam Tbk PT's gross margin to industry peers and track it over time to spot improving or deteriorating pricing power.

EBIT and EBIT Margin

EBIT measures operating profit — what remains after subtracting all operating expenses (including R&D, sales, and administrative costs) from gross profit. The EBIT margin shows this as a percentage of revenue. Because it excludes interest and taxes, EBIT allows fair comparisons between companies with different debt levels and tax jurisdictions. A rising EBIT margin indicates improving operational efficiency.

Net Income and Earnings Per Share (EPS)

Net income is the company's final profit after all expenses, interest, and taxes. Dividing net income by the number of shares outstanding gives you EPS — the single most influential metric in stock valuation. Consistent EPS growth is the primary driver of long-term stock price appreciation. Always check whether EPS growth comes from genuine profit improvement or from share buybacks reducing the share count.

Shares Outstanding

The total number of shares Gudang Garam Tbk PT has issued. A declining share count (through buybacks) boosts EPS and signals management confidence. A rising share count (through stock issuance) dilutes existing shareholders. Always monitor this number alongside EPS to get the full picture of per-share value creation.

Analyst Estimates

The projected figures represent consensus estimates from professional analysts. Compare these forecasts against Gudang Garam Tbk PT's historical growth rates to assess whether expectations are realistic. A company that consistently beats consensus estimates tends to see its stock price rewarded over time, while repeated misses erode investor confidence.

Gudang Garam Tbk PT stock margins

The Gudang Garam Tbk PT margin analysis displays the gross margin, EBIT margin, as well as the profit margin of Gudang Garam Tbk PT. The EBIT margin (EBIT/sales) indicates the percentage of sales that remains as operating profit. The profit margin shows the percentage of sales that remains for Gudang Garam Tbk PT.
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Gross margin
EBIT margin
Profit margin
Details
Date
Gross margin
EBIT margin
Profit margin
Jan 1, 2005
20.7 %
12.67 %
7.61 %
Jan 1, 2006
17.91 %
8.32 %
3.83 %
Jan 1, 2007
18.05 %
8.98 %
5.13 %
Jan 1, 2008
17.05 %
10.46 %
6.22 %
Jan 1, 2009
21.73 %
15.79 %
10.48 %
Jan 1, 2010
23.52 %
15.54 %
11 %
Jan 1, 2011
24.18 %
16.33 %
11.68 %
Jan 1, 2012
18.73 %
12.33 %
8.19 %
Jan 1, 2013
19.61 %
12.09 %
7.81 %
Jan 1, 2014
20.53 %
13.13 %
8.24 %
Jan 1, 2015
22.01 %
14.2 %
9.15 %
Jan 1, 2016
21.79 %
13.27 %
8.75 %
Jan 1, 2017
21.87 %
13.51 %
9.31 %
Jan 1, 2018
19.48 %
11.62 %
8.14 %
Jan 1, 2019
20.61 %
13.66 %
9.84 %

Gudang Garam Tbk PT Stock Revenue, EBIT, Earnings per Share

The Gudang Garam Tbk PT earnings per share therefore indicates how much revenue Gudang Garam Tbk PT has generated per share in a given period. The earnings before interest and taxes per share shows how much of the operating profit corresponds to each share. The earnings per share indicates how much of the profit belongs to each share.
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Revenue per Share
EBIT per share
Earnings per Share
Details
Date
Revenue per Share
EBIT per share
Earnings per Share
Jan 1, 2005
12,914.42 IDR
1,636.53 IDR
982.14 IDR
Jan 1, 2006
13,689.86 IDR
1,138.43 IDR
523.82 IDR
Jan 1, 2007
14,635.36 IDR
1,314.28 IDR
750.3 IDR
Jan 1, 2008
15,723.31 IDR
1,645.34 IDR
977.39 IDR
Jan 1, 2009
17,137.78 IDR
2,706.26 IDR
1,796.1 IDR
Jan 1, 2010
19,590.43 IDR
3,044.63 IDR
2,155.03 IDR
Jan 1, 2011
21,769.41 IDR
3,554.39 IDR
2,543.69 IDR
Jan 1, 2012
25,482.69 IDR
3,141.03 IDR
2,086.15 IDR
Jan 1, 2013
28,813.39 IDR
3,484.76 IDR
2,249.86 IDR
Jan 1, 2014
33,878.83 IDR
4,449.36 IDR
2,790.19 IDR
Jan 1, 2015
36,570.87 IDR
5,193.53 IDR
3,344.78 IDR
Jan 1, 2016
39,641.71 IDR
5,259.68 IDR
3,470.26 IDR
Jan 1, 2017
43,296.32 IDR
5,847.94 IDR
4,029.78 IDR
Jan 1, 2018
49,741.83 IDR
5,780.41 IDR
4,049.62 IDR
Jan 1, 2019
57,442.18 IDR
7,844.37 IDR
5,654.99 IDR

Gudang Garam Tbk PT business model & stock analysis

Gudang Garam Tbk PT is an Indonesian company that manufactures and distributes cigarettes and is known for its authentic taste. It was founded in 1958 by Surya Wonowidjojo and is headquartered in Kediri, East Java, Indonesia. The company's history began with the production of hand-rolled cigarettes before introducing a more modern production method in the 1970s. Over the years, the company has become one of the largest cigarette manufacturers in Indonesia and now operates several factories in different parts of the country. Overall, Gudang Garam Tbk PT employs more than 40,000 employees and distributes its products both domestically and internationally, including in many Asian countries and in Europe. The company's business model is based on the production and sale of high-quality cigarettes in various flavors. It has built a strong brand over the years and invests heavily in marketing and advertising to make its products more well-known. The brand produces various lines of cigarettes, including the "Kretek" line, which is made from a blend of cloves and tobacco and is known for its unique mixture. Additionally, the company also produces other tobacco products such as cigars and snus. Another division of the company is the food industry. It produces and distributes traditional Indonesian snacks such as krupuk and biscuits, as well as refreshing drinks and fruit juices. This diversification has helped the company safeguard against market fluctuations and attract new customers. In terms of social responsibility, Gudang Garam Tbk PT has supported various public projects in the past, including providing education, health, and environmental programs. It has also launched initiatives to support small businesses and artisans in order to support local communities. Overall, Gudang Garam Tbk PT is a company with a long history that has become a major player in the Indonesian economy. It strives to produce high-quality products while also taking social responsibility to support both its employees and the community.

Gudang Garam Tbk PT SWOT Analysis

Strengths

Gudang Garam Tbk PT possesses several strengths that contribute to its success:

  • Strong brand reputation and market presence in Indonesia's tobacco industry
  • Diversified product portfolio catering to different consumer segments
  • Efficient and established supply chain network
  • Robust financial performance and profitability

Weaknesses

Despite its strengths, Gudang Garam Tbk PT faces certain weaknesses that need to be addressed:

  • Heavy reliance on the domestic market, leaving the company vulnerable to political and economic changes in Indonesia
  • Inadequate diversification into non-tobacco products
  • Limited international market presence compared to global competitors
  • Potential negative impact of anti-smoking regulations on sales

Opportunities

Gudang Garam Tbk PT can capitalize on the following opportunities:

  • Expanding into emerging markets with growing tobacco consumption rates
  • Developing and marketing innovative tobacco products, such as e-cigarettes
  • Increasing focus on the premium segment to cater to changing consumer preferences
  • Investing in research and development to create sustainable and less harmful tobacco alternatives

Threats

Gudang Garam Tbk PT should be aware of the following threats and take proactive measures:

  • Intense competition from local and international tobacco companies
  • Stringent regulations and increasing taxes on tobacco products
  • Changing consumer attitudes towards smoking and health concerns
  • Fluctuating currency exchange rates affecting export/import costs

Gudang Garam Tbk PT Eulerpool Fair Value

Gudang Garam Tbk PT historical P/E ratio, EBIT multiple, and P/S ratio

Gudang Garam Tbk PT annual returns

Details

Annual Return

What This Chart Shows

This chart breaks down 's total annual return into two components: price return (gains or losses from stock price movement) and dividend return (income received from dividend payments). Together, they represent the total return an investor would have earned in each calendar year.

Price Return

Price return measures the percentage change in 's stock price from January 1st to December 31st of each year. Positive bars indicate the stock appreciated; negative bars show a decline. This is the component most investors focus on, but it tells only part of the story — especially for dividend-paying stocks.

Dividend Return

Dividend return represents the income generated from dividends paid during the year, expressed as a percentage of the starting stock price. While it may seem small in any single year (typically 1–4 % for established companies), dividends compound significantly over decades and have historically contributed roughly 40 % of total stock market returns.

What to Look For

Examine how many years showed positive vs. negative returns to gauge consistency. A stock with mostly positive years and small drawdowns suggests lower risk. Also compare 's annual returns to a benchmark index — consistently outperforming the market is a hallmark of a strong investment. Pay attention to the worst years: understanding downside risk is just as important as chasing upside potential.

Gudang Garam Tbk PT shares outstanding

The number of shares was Gudang Garam Tbk PT in 2025 — This indicates how many shares 1.924 B is divided into. Since shareholders are the owners of a company, each share represents a small portion of the company's ownership.
  • 3 Years

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  • Max

Number of stocks
Details
Date
Number of stocks
Jan 1, 2005
1.92 B base_Shares
Jan 1, 2006
1.92 B base_Shares
Jan 1, 2007
1.92 B base_Shares
Jan 1, 2008
1.92 B base_Shares
Jan 1, 2009
1.92 B base_Shares
Jan 1, 2010
1.92 B base_Shares
Jan 1, 2011
1.92 B base_Shares
Jan 1, 2012
1.92 B base_Shares
Jan 1, 2013
1.92 B base_Shares
Jan 1, 2014
1.92 B base_Shares
Jan 1, 2015
1.92 B base_Shares
Jan 1, 2016
1.92 B base_Shares
Jan 1, 2017
1.92 B base_Shares
Jan 1, 2018
1.92 B base_Shares
Jan 1, 2019
1.92 B base_Shares

Gudang Garam Tbk PT Dividend History

32 years of dividend payments

YearAnnual DividendYoY ChangePayments
2025500IDR 58.3%
Jul 7, 2025500IDR 58.3%1/1
20231,200IDR 46.7%
20222,250IDR 13.5%
20212,600IDR 0.0%
20192,600IDR 0.0%
20182,600IDR 0.0%
20172,600IDR 0.0%
20162,600IDR 225.0%
2015800IDR 0.0%
2014800IDR 0.0%

Gudang Garam Tbk PT dividend history and estimates

In 2025, Gudang Garam Tbk PT paid a dividend amounting to 500 IDR. Dividend means that Gudang Garam Tbk PT distributes a portion of its profits to its owners.
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  • Max

Dividend
Dividend (Estimate)
Details
Date
Dividend
Dividend (Estimate)
Jan 1, 2005
500 IDR
0 IDR
Jan 1, 2006
500 IDR
0 IDR
Jan 1, 2007
250 IDR
0 IDR
Jan 1, 2008
250 IDR
0 IDR
Jan 1, 2009
350 IDR
0 IDR
Jan 1, 2010
650 IDR
0 IDR
Jan 1, 2011
880 IDR
0 IDR
Jan 1, 2012
1,000 IDR
0 IDR
Jan 1, 2013
800 IDR
0 IDR
Jan 1, 2014
800 IDR
0 IDR
Jan 1, 2015
800 IDR
0 IDR
Jan 1, 2016
2,600 IDR
0 IDR
Jan 1, 2017
2,600 IDR
0 IDR
Jan 1, 2018
2,600 IDR
0 IDR
Jan 1, 2019
2,600 IDR
0 IDR

Gudang Garam Tbk PT dividend payout ratio

In 2025, Gudang Garam Tbk PT had a payout ratio of 129.8%. The payout ratio indicates the percentage of the company's profits that Gudang Garam Tbk PT distributes as dividends.
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  • Max

Payout ratio
Details
Date
Payout ratio
Jan 1, 2005
50.91 %
Jan 1, 2006
95.45 %
Jan 1, 2007
33.32 %
Jan 1, 2008
25.58 %
Jan 1, 2009
19.49 %
Jan 1, 2010
30.16 %
Jan 1, 2011
34.6 %
Jan 1, 2012
47.94 %
Jan 1, 2013
35.56 %
Jan 1, 2014
28.67 %
Jan 1, 2015
23.92 %
Jan 1, 2016
74.92 %
Jan 1, 2017
64.52 %
Jan 1, 2018
64.2 %
Jan 1, 2019
45.98 %
Price targets and forecasts for Gudang Garam Tbk PT are not yet available.

Gudang Garam Tbk PT Earnings Estimates

Gudang Garam Tbk PT Earnings Estimates

DateEPS estimateRevenue EstimateQuarterly report
10/31/2022352.32IDR-IDR2022 Q3
7/29/2022697.35IDR-IDR2022 Q2
4/29/2022946.26IDR-IDR2022 Q1
4/1/20221,101.75IDR-IDR2021 Q4
10/29/20211,037.47IDR33.96 TIDR2021 Q3
7/30/2021945.1IDR30.89 TIDR2021 Q2
4/30/20211,044.84IDR29.84 TIDR2021 Q1
3/31/20211,111.77IDR31.76 TIDR2020 Q4
10/29/20201,174.94IDR30.34 TIDR2020 Q3
7/29/2020891.48IDR27.85 TIDR2020 Q2

EESG©

Eulerpool ESG Scorecard© for the Gudang Garam Tbk PT stock

34/100
39
Environment
51
Social
12
Governance
E

Environment

20
Scope 1 - Direct Emissions
Scope 2 - Indirect emissions from purchased energy
Scope 3 - Indirect emissions within the value chain
Total CO₂ emissions108,089
CO₂ reduction strategy
Coal energy
Nuclear power
Animal experiments
Fur & Leather
Pesticides
Palm Oil
Tobacco
Genetically modified organisms
Climate concept
Sustainable forestry
Recycling regulations
Environmentally friendly packaging
Hazardous substances
Fuel consumption and efficiency
Water consumption and efficiency
S

Social

20
Percentage of female employees38.3
Percentage of women in management
Percentage of Asian employees
Share of Asian management
Percentage of Hispanic/Latino employees
Hispano/Latino Management share
Percentage of Black employees
Black Management Share
Percentage of white employees
White Management Share
Adult content
Alcohol
Weapons
Firearms
Gambling
Military contracts
Human rights concept
Privacy concept
Occupational health and safety
Catholic
G

Governance (Corporate Governance)

4
Environmental reporting
Stakeholder Engagement
Call Back Policies
Antitrust law

The Eulerpool ESG Scorecard© is the strictly copyrighted intellectual property of Eulerpool Research Systems. Any unauthorized use, imitation, or infringement will be actively pursued and may lead to significant legal consequences. For licenses, collaborations, or usage rights, please contact us directly via our contact form. Contact Form to us.

Gudang Garam Tbk PT shareholder structure

% Name
69.28721%
PT Suryaduta Investama
PT Suryaduta Investama
6.25973%
PT Suryamitra Kusuma
PT Suryamitra Kusuma
0.80112%
The Vanguard Group, Inc.
The Vanguard Group, Inc.
0.58374%
Wonowidjojo (Juni Setiawati)
Wonowidjojo (Juni Setiawati)
0.32471%
Dimensional Fund Advisors, L.P.
Dimensional Fund Advisors, L.P.
0.08886%
Wonowidjojo (Susilo)
Wonowidjojo (Susilo)
0.08346%
BlackRock Institutional Trust Company, N.A.
BlackRock Institutional Trust Company, N.A.
0.06698%
Ironhorse Capital LLC
Ironhorse Capital LLC
0.06416%
Mellon Investments Corporation
Mellon Investments Corporation
0.06022%
Research Affiliates, LLC
Research Affiliates, LLC

Gudang Garam Tbk PT Executives and Management Board

JW

Mrs. Juni Wonowidjojo

(70)

President Commissioner

SW

Mr. Susilo Wonowidjojo

(68)

President Director

HS

Mr. Herry Susianto

(67)

Finance Director

IW

Mr. Indra Wonowidjojo

(38)

Vice President Director

SB

Mr. Slamet Budiono

(64)

Director - Blending of Main Raw Materials

Frequently asked questions about Gudang Garam Tbk PT

The business model of Gudang Garam Tbk PT focuses on the production and distribution of cigarettes in Indonesia. As one of the leading tobacco companies, Gudang Garam Tbk PT operates in a vertically integrated manner, with involvement in every aspect of the cigarette manufacturing process. Their business model includes sourcing and processing raw materials such as tobacco, manufacturing high-quality cigarettes, and distributing them through various channels. Gudang Garam Tbk PT prides itself on its strong brand presence and extensive distribution network, allowing them to reach a wide consumer base across Indonesia.

All fundamentals and in-depth analysis of Gudang Garam Tbk PT

Our stock analysis for Gudang Garam Tbk PT Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Gudang Garam Tbk PT Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.