PT Indoritel Makmur Internasional Tbk (ISX:DNET) Capex-to-Operating-Income: 9.01 (As of Jun. 2026) — 346% Above Median

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ISX:DNET PT Indoritel Makmur Internasional Tbk ISX:DNET
85 GF Score
Price Rp9,875.00
GF Value Rp10,111.67
Valuation Fairly Valued
! 5 Warning Signs
View Full Analysis

What is PT Indoritel Makmur Internasional Tbk Capex-to-Operating-Income?

PT Indoritel Makmur Internasional Tbk ISX:DNET +2.07% 85 Capex-to-Operating-Income is 9.01 as of Jun. 2026, which is 346% above its 10-year median of 2.02. GuruFocus rates ISX:DNET with a GF Score™ of 85/100 and a GF Value™ of Rp10,111.67 (Fairly Valued). The stock has 5 warning signs investors should review. Among 239 Telecommunication Services companies, PT Indoritel Makmur Internasional Tbk ranks worse than 94.98% on this metric.

Capex-to-Operating-Income measures a company's investments in physical assets such as property, industrial buildings or equipment to its operating income.

PT Indoritel Makmur Internasional Tbk's Capital Expenditure for the three months ended in Jun. 2026 was Rp-410,702.00 Mil. Its Operating Income for the three months ended in Jun. 2026 was Rp45,608.00 Mil.

Hence, PT Indoritel Makmur Internasional Tbk's Capex-to-Operating-Income for the three months ended in Jun. 2026 was 9.01.


PT Indoritel Makmur Internasional Tbk  (ISX:DNET) Capex-to-Operating-Income Explanation

Capex-to-Operating-Income assesses how much emphasis a company is placing upon investing in capital-intensive projects. The ratio is generally a good gauge to quantify how much focus on growth a company has. Typically, smaller companies that are still growing and expanding will have a higher Capex to Operating Income Ratio, since such businesses are likely investing more in physical assets. Lower ratios could indicate that a company has reached maturity and it is no longer pursuing aggressive growth.


PT Indoritel Makmur Internasional Tbk Capex-to-Operating-Income Related Terms


PT Indoritel Makmur Internasional Tbk Capex-to-Operating-Income Historical Data

* Premium members only.

The historical data trend for PT Indoritel Makmur Internasional Tbk's Capex-to-Operating-Income 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 Indoritel Makmur Internasional Tbk Capex-to-Operating-Income Chart

PT Indoritel Makmur Internasional Tbk Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Capex-to-Operating-Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.51 0.73 0.87 2.53 2.97

PT Indoritel Makmur Internasional Tbk Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Capex-to-Operating-Income 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 1.56 6.25 -3.92 4.55 9.01

ISX:DNET vs VZ, TMUS, T: Capex-to-Operating-Income Comparison

For the Telecom Services subindustry, PT Indoritel Makmur Internasional Tbk's Capex-to-Operating-Income, along with its competitors' market caps and Capex-to-Operating-Income 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 Indoritel Makmur Internasional Tbk Capex-to-Operating-Income vs Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, PT Indoritel Makmur Internasional Tbk's Capex-to-Operating-Income distribution charts can be found below:

* The bar in red indicates where PT Indoritel Makmur Internasional Tbk's Capex-to-Operating-Income falls into.


ISX:DNET
85GF Score
PT Indoritel Makmur Internasional Tbk ISX:DNET
Capex-to-Operating-Income is just one metric. See GF Score™, valuation, warning signs, and more.
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PT Indoritel Makmur Internasional Tbk Capex-to-Operating-Income Calculation

PT Indoritel Makmur Internasional Tbk's Capex-to-Operating-Income for the fiscal year that ended in Dec. 2025 is calculated as

Capex-to-Operating-Income=- Capital Expenditure / Operating Income
=- (-865722) / 291512
=2.97

PT Indoritel Makmur Internasional Tbk's Capex-to-Operating-Income for the quarter that ended in Jun. 2026 is calculated as

Capex-to-Operating-Income=- Capital Expenditure / Operating Income
=- (-410702) / 45608
=9.01

* 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.

What does a Capex-to-Operating-Income of 9.01 mean?
PT Indoritel Makmur Internasional Tbk (ISX:DNET) has a Capex-to-Operating-Income of 9.01 as of Jun. 2026. Capex to Operating Income ratio measures a company's investments in physical assets to its operating income. View historical data on PT Indoritel Makmur Internasional Tbk and its competitors. This is 346% above median its historical median of 2.02. Over the past decade, PT Indoritel Makmur Internasional Tbk's Capex-to-Operating-Income has ranged from 0.73 to 12.20. According to the industry distribution chart, PT Indoritel Makmur Internasional Tbk ranks #227 out of 239 companies in the Telecommunication Services industry, placing it in the top 95%.
Is PT Indoritel Makmur Internasional Tbk's Capex-to-Operating-Income too high?
PT Indoritel Makmur Internasional Tbk's current Capex-to-Operating-Income of 9.01 is 346% above median its 10-year median of 2.02. Over the past 10 years, this metric has ranged from a low of 0.73 to a high of 12.20. The Telecommunication Services industry median Capex-to-Operating-Income is 0.88. PT Indoritel Makmur Internasional Tbk's value of 9.01 is 923.9% above this industry median. Based on the distribution chart, PT Indoritel Makmur Internasional Tbk ranks #227 out of 239 companies in the Telecommunication Services industry, which is in the bottom quartile relative to peers. Overall, PT Indoritel Makmur Internasional Tbk has a GF Score™ of 85/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does PT Indoritel Makmur Internasional Tbk's Capex-to-Operating-Income compare to VZ and TMUS?
According to the Telecommunication Services industry distribution chart, PT Indoritel Makmur Internasional Tbk ranks #227 out of 239 companies for Capex-to-Operating-Income. This places PT Indoritel Makmur Internasional Tbk in the lower half of its industry. The industry median Capex-to-Operating-Income is 0.88. PT Indoritel Makmur Internasional Tbk's value of 9.01 is 923.9% above this benchmark. Historically, PT Indoritel Makmur Internasional Tbk's own Capex-to-Operating-Income has ranged from 0.73 to 12.20 over the past decade. While the company's 10-year median is 2.02 vs. the industry median of 0.88, PT Indoritel Makmur Internasional 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 Capex-to-Operating-Income for a Telecommunication Services company?
The median Capex-to-Operating-Income among Telecommunication Services companies is 0.88, based on 239 companies in the industry. Companies in the top quartile (top 25%) have a Capex-to-Operating-Income significantly above this median, while those in the bottom quartile fall well below. However, Capex-to-Operating-Income should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. PT Indoritel Makmur Internasional Tbk's current Capex-to-Operating-Income of 9.01 is 923.9% 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 Capex-to-Operating-Income mean?
A high Capex-to-Operating-Income can signal that a stock is expensive relative to its fundamentals. Capex to Operating Income ratio measures a company's investments in physical assets to its operating income. View historical data on PT Indoritel Makmur Internasional Tbk and its competitors. For the Telecommunication Services industry, the median Capex-to-Operating-Income is 0.88 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT Indoritel Makmur Internasional Tbk's current Capex-to-Operating-Income is 9.01, which is 346% above median its own 10-year median of 2.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Indoritel Makmur Internasional Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Indoritel Makmur Internasional Tbk (ISX:DNET) is currently considered Fairly Valued. The stock's GF Value™ is Rp10,111.67, compared to a current price of Rp9,875.00 — trading 2.3% below its estimated fair value. The current Capex-to-Operating-Income is 9.01, which is 346% above median its 10-year median of 2.02 and 923.9% above the Telecommunication Services industry median of 0.88. PT Indoritel Makmur Internasional Tbk's overall GF Score™ is 85/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Capex-to-Operating-Income calculated?
Capex-to-Operating-Income is calculated from a company's financial statements. For PT Indoritel Makmur Internasional Tbk (ISX:DNET), the current Capex-to-Operating-Income is 9.01 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 Indoritel Makmur Internasional Tbk (ISX:DNET) Overvalued in 2026?

Based on GuruFocus' analysis, PT Indoritel Makmur Internasional Tbk stock appears to be undervalued. The current stock price of Rp9,875.00 is trading 2.3% below its estimated GF Value™ of Rp10,111.67. GuruFocus considers PT Indoritel Makmur Internasional Tbk to be Fairly Valued.

Key valuation signals for ISX:DNET:

  • Capex-to-Operating-Income: 9.01 (346% above median its 10-year median of 2.02)
  • GF Value™: Rp10,111.67 vs. price of Rp9,875.00 (2.3% below fair value)
  • GF Score™: 85/100 with 5 warning signs
  • Industry Position: 923.9% above the Telecommunication Services median (#227 of 239)

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


PT Indoritel Makmur Internasional Tbk Business Description

Address Jalan Jenderal Sudirman Kav. 70-71, Gedung Wisma Indocement Lantai 10, South Jakarta, Jakarta, IDN, 12910
PT Indoritel Makmur Internasional Tbk is an investment holding company. The company, through its subsidiaries, is engaged in providing infrastructure through fiber optic media and serving telecommunication services ranging from data communication to interactive video, managing SDWAN services, and a variety of other Internet of Things (IoT) derivatives. Its segments are the Corporate segment, the Retail segment, and Others. It generates the majority of revenue from the Corporate segment. The Corporate Business Segment provides fiber-optic-based telecommunications data connection service products for business customers, such as Last Mile Solution, Fiberization, IP Transit, IEPL, MPLS, and DWDM, to other telecommunications operators and international customers.
85GF Score

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Capex-to-Operating-Income is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

Rp9,875.00
Price
Rp10,111.67
GF Value