PT Multikarya Asia Pasifik Raya Tbk (ISX:MKAP) Beginning Cash Position: Rp16,161 Mil (As of Jun. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

ISX:MKAP PT Multikarya Asia Pasifik Raya Tbk ISX:MKAP
63 GF Score
Price Rp1,135.00
GF Value Rp520.97
Valuation Significantly Overvalued
! 7 Warning Signs
View Full Analysis

What is PT Multikarya Asia Pasifik Raya Tbk Beginning Cash Position?

PT Multikarya Asia Pasifik Raya Tbk ISX:MKAP -2.58% 63 Beginning Cash Position is Rp16,161 Mil as of Jun. 2026. GuruFocus rates ISX:MKAP with a GF Score™ of 63/100 and a GF Value™ of Rp520.97 (Significantly Overvalued). The stock has 7 warning signs investors should review.

PT Multikarya Asia Pasifik Raya Tbk's Beginning Cash Position for the quarter that ended in Jun. 2026 was Rp16,161 Mil.

PT Multikarya Asia Pasifik Raya Tbk's quarterly Beginning Cash Position declined from Dec. 2025 (Rp46,595 Mil) to Mar. 2026 (Rp23,089 Mil) and declined from Mar. 2026 (Rp23,089 Mil) to Jun. 2026 (Rp16,161 Mil).

PT Multikarya Asia Pasifik Raya Tbk's annual Beginning Cash Position declined from Dec. 2023 (Rp15,362 Mil) to Dec. 2024 (Rp13,258 Mil) but then increased from Dec. 2024 (Rp13,258 Mil) to Dec. 2025 (Rp40,484 Mil).


PT Multikarya Asia Pasifik Raya Tbk Beginning Cash Position Related Terms


PT Multikarya Asia Pasifik Raya Tbk Beginning Cash Position Historical Data

* Premium members only.

The historical data trend for PT Multikarya Asia Pasifik Raya Tbk's Beginning Cash Position 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 Multikarya Asia Pasifik Raya Tbk Beginning Cash Position Chart

PT Multikarya Asia Pasifik Raya Tbk Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Beginning Cash Position
Get a 7-Day Free Trial 1,971.15 2,848.05 15,362.07 13,257.76 40,483.70

PT Multikarya Asia Pasifik Raya Tbk Quarterly Data
Dec20 Dec21 Dec22 Jul23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Beginning Cash Position 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 19,091.15 -3,179.39 46,594.89 23,089.40 16,161.21
ISX:MKAP
63GF Score
PT Multikarya Asia Pasifik Raya Tbk ISX:MKAP
Beginning Cash Position is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

PT Multikarya Asia Pasifik Raya Tbk Beginning Cash Position Calculation

Beginning Cash Position is the cash and equivalents balance at the beginning of the accounting period, as indicated on the Cash Flow statement.

What does a Beginning Cash Position of Rp16,161 Mil mean?
PT Multikarya Asia Pasifik Raya Tbk (ISX:MKAP) has a Beginning Cash Position of Rp16,161 Mil as of Jun. 2026. Beginning Cash Position is the cash and equivalents balance at the beginning of the accounting period, as indicated on the Cash Flow statement. View historical data on PT Multikarya Asia Pasifik Raya Tbk and its competitors.
Is PT Multikarya Asia Pasifik Raya Tbk's Beginning Cash Position too high?
PT Multikarya Asia Pasifik Raya Tbk's current Beginning Cash Position is Rp16,161 Mil. Overall, PT Multikarya Asia Pasifik Raya Tbk has a GF Score™ of 63/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does PT Multikarya Asia Pasifik Raya Tbk's Beginning Cash Position compare to SLB and BKR?
PT Multikarya Asia Pasifik Raya Tbk's Beginning Cash Position of Rp16,161 Mil can be compared against companies in the Oil & Gas industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Beginning Cash Position for an Oil & Gas company?
A good Beginning Cash Position depends on the Oil & Gas industry context. However, Beginning Cash Position 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 Beginning Cash Position mean?
A high Beginning Cash Position can signal that a stock is expensive relative to its fundamentals. Beginning Cash Position is the cash and equivalents balance at the beginning of the accounting period, as indicated on the Cash Flow statement. View historical data on PT Multikarya Asia Pasifik Raya Tbk and its competitors. PT Multikarya Asia Pasifik Raya Tbk's current Beginning Cash Position is Rp16,161 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Multikarya Asia Pasifik Raya Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Multikarya Asia Pasifik Raya Tbk (ISX:MKAP) is currently considered Significantly Overvalued. The stock's GF Value™ is Rp520.97, compared to a current price of Rp1,135.00 — trading 117.9% above its estimated fair value. The current Beginning Cash Position is Rp16,161 Mil. PT Multikarya Asia Pasifik Raya Tbk's overall GF Score™ is 63/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Beginning Cash Position calculated?
Beginning Cash Position is calculated from a company's financial statements. For PT Multikarya Asia Pasifik Raya Tbk (ISX:MKAP), the current Beginning Cash Position is Rp16,161 Mil as of Jun. 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 Multikarya Asia Pasifik Raya Tbk (ISX:MKAP) Overvalued in 2026?

Based on GuruFocus' analysis, PT Multikarya Asia Pasifik Raya Tbk stock appears to be overvalued. The current stock price of Rp1,135.00 is trading 117.9% above its estimated GF Value™ of Rp520.97. GuruFocus considers PT Multikarya Asia Pasifik Raya Tbk to be Significantly Overvalued.

Key valuation signals for ISX:MKAP:

  • Beginning Cash Position: Rp16,161 Mil
  • GF Value™: Rp520.97 vs. price of Rp1,135.00 (117.9% above fair value)
  • GF Score™: 63/100 with 7 warning signs

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


PT Multikarya Asia Pasifik Raya Tbk Business Description

Industry EnergyOil & Gas
Address Jalan TB Simatupang No 02, Cibis Nine, 16th Floor, Cilandak Timur, Pasar Minggu, South Jakarta, Jakarta, IDN, 12560
PT Multikarya Asia Pasifik Raya Tbk is engaged in the manufacturing and trading of services, as well as the rental and repair of pumps and other supporting equipment, including spare parts for the oil, natural gas, and mining industries. The firm operates through two main segments: Spare Parts and Procurement, and Rental and Services, with the majority of its revenue coming from the Spare Parts and Procurement segment. For the oil and gas industry, it offers products and services such as crude oil transfer to and from further processing, water reinjection production, water treatment injection plants, and pumps for mud, cement, and stimulation. In the mining industry, the company provides services for water drying and mud removal, along with reinstallation, repair, and rejuvenation of pump.
63GF Score

Get the complete analysis for ISX:MKAP

Beginning Cash Position is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

Rp1,135.00
Price
Rp520.97
GF Value