PT Adhi Karya (Persero) Tbk (FRA:KM6) Debt-to-EBITDA : 46.63 (As of Jun. 2026) — 383% Above Median

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FRA:KM6 PT Adhi Karya (Persero) Tbk FRA:KM6
60 GF Score
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! 5 Warning Signs
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What is PT Adhi Karya (Persero) Tbk Debt-to-EBITDA?

PT Adhi Karya (Persero) Tbk FRA:KM6 60 Debt-to-EBITDA is 46.63 as of Jun. 2026, which is 383% above its 10-year median of 9.66. GuruFocus rates FRA:KM6 with a GF Score™ of 60/100. The stock has 5 warning signs investors should review. Among 1,405 Construction companies, PT Adhi Karya (Persero) Tbk ranks worse than 71174.31% on this metric.

Debt-to-EBITDA measures a company's ability to pay off its debt.

PT Adhi Karya (Persero) Tbk's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was €100.3 Mil. PT Adhi Karya (Persero) Tbk's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was €289.5 Mil. PT Adhi Karya (Persero) Tbk's annualized EBITDA for the quarter that ended in Jun. 2026 was €8.4 Mil. PT Adhi Karya (Persero) Tbk's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2026 was 46.63.

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt. According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.

The historical rank and industry rank for PT Adhi Karya (Persero) Tbk's Debt-to-EBITDA or its related term are showing as below:

FRA:KM6' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -1.69   Med: 9.66   Max: 11.34
Current: -1.69

During the past 13 years, the highest Debt-to-EBITDA Ratio of PT Adhi Karya (Persero) Tbk was 11.34. The lowest was -1.69. And the median was 9.66.

FRA:KM6's Debt-to-EBITDA is ranked worse than
100% of 1405 companies
in the Construction industry
Industry Median: 2.11 vs FRA:KM6: -1.69

PT Adhi Karya (Persero) Tbk  (FRA:KM6) Debt-to-EBITDA Explanation

In the calculation of Debt-to-EBITDA, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by EBITDA. In some calculations, Total Liabilities is used to for calculation.


Be Aware

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt.

According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.


PT Adhi Karya (Persero) Tbk Debt-to-EBITDA Related Terms


PT Adhi Karya (Persero) Tbk Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for PT Adhi Karya (Persero) Tbk's Debt-to-EBITDA 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 Adhi Karya (Persero) Tbk Debt-to-EBITDA Chart

PT Adhi Karya (Persero) Tbk Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.18 11.01 10.83 11.01 -1.66

PT Adhi Karya (Persero) Tbk Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Debt-to-EBITDA 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 11.05 10.85 -0.37 5.72 46.63

FRA:KM6 vs PWR, FIX, EME: Debt-to-EBITDA Comparison

For the Engineering & Construction subindustry, PT Adhi Karya (Persero) Tbk's Debt-to-EBITDA, along with its competitors' market caps and Debt-to-EBITDA 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 Adhi Karya (Persero) Tbk Debt-to-EBITDA vs Construction Industry

For the Construction industry and Industrials sector, PT Adhi Karya (Persero) Tbk's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where PT Adhi Karya (Persero) Tbk's Debt-to-EBITDA falls into.


FRA:KM6
60GF Score
PT Adhi Karya (Persero) Tbk FRA:KM6
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
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PT Adhi Karya (Persero) Tbk Debt-to-EBITDA Calculation

Debt-to-EBITDA measures a company's ability to pay off its debt.

PT Adhi Karya (Persero) Tbk's Debt-to-EBITDA for the fiscal year that ended in Dec. 2025 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(160.386 + 246.513) / -245.238
=-1.66

PT Adhi Karya (Persero) Tbk's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2026 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(100.316 + 289.485) / 8.36
=46.63

* 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.

In the calculation of annual Debt-to-EBITDA, the EBITDA of the last fiscal year is used. In calculating the annualized quarterly data, the EBITDA data used here is four times the quarterly (Jun. 2026) EBITDA data.

Frequently Asked Questions Learn more about Debt-to-EBITDA →
What does a Debt-to-EBITDA of 46.63 mean?
PT Adhi Karya (Persero) Tbk (FRA:KM6) has a Debt-to-EBITDA of 46.63 as of Jun. 2026. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on PT Adhi Karya (Persero) Tbk. This is 383% above median its historical median of 9.66. According to the industry distribution chart, PT Adhi Karya (Persero) Tbk ranks #999999 out of 1405 companies in the Construction industry.
Is PT Adhi Karya (Persero) Tbk's Debt-to-EBITDA too high?
PT Adhi Karya (Persero) Tbk's current Debt-to-EBITDA of 46.63 is 383% above median its 10-year median of 9.66. The Construction industry median Debt-to-EBITDA is 2.11. PT Adhi Karya (Persero) Tbk's value of 46.63 is 2110% above this industry median. Based on the distribution chart, PT Adhi Karya (Persero) Tbk ranks #999999 out of 1405 companies in the Construction industry, which is in the bottom quartile relative to peers. Overall, PT Adhi Karya (Persero) Tbk has a GF Score™ of 60/100, reflecting its overall financial health beyond just this single metric.
How does PT Adhi Karya (Persero) Tbk's Debt-to-EBITDA compare to PWR and FIX?
According to the Construction industry distribution chart, PT Adhi Karya (Persero) Tbk ranks #999999 out of 1405 companies for Debt-to-EBITDA. This places PT Adhi Karya (Persero) Tbk in the lower half of its industry. The industry median Debt-to-EBITDA is 2.11. PT Adhi Karya (Persero) Tbk's value of 46.63 is 2110% above this benchmark. While the company's 10-year median is 9.66 vs. the industry median of 2.11, PT Adhi Karya (Persero) 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 Debt-to-EBITDA for a Construction company?
The median Debt-to-EBITDA among Construction companies is 2.11, based on 1,405 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. PT Adhi Karya (Persero) Tbk's current Debt-to-EBITDA of 46.63 is 2110% 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 Debt-to-EBITDA mean?
A high Debt-to-EBITDA can signal that a stock is expensive relative to its fundamentals. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on PT Adhi Karya (Persero) Tbk. For the Construction industry, the median Debt-to-EBITDA is 2.11 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT Adhi Karya (Persero) Tbk's current Debt-to-EBITDA is 46.63, which is 383% above median its own 10-year median of 9.66. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Adhi Karya (Persero) Tbk stock overvalued right now?
PT Adhi Karya (Persero) Tbk (FRA:KM6) has a current Debt-to-EBITDA of 46.63. The current Debt-to-EBITDA is 46.63, which is 383% above median its 10-year median of 9.66 and 2110% above the Construction industry median of 2.11. PT Adhi Karya (Persero) Tbk's overall GF Score™ is 60/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-EBITDA calculated?
Debt-to-EBITDA is calculated from a company's financial statements. For PT Adhi Karya (Persero) Tbk (FRA:KM6), the current Debt-to-EBITDA is 46.63 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.

PT Adhi Karya (Persero) Tbk Business Description

Other Exchanges ADHI:Indonesia
Address Jalan Raya Pasar Minggu Km. 18, Harmonis Building, Jakata, IDN, 12510
PT Adhi Karya (Persero) Tbk is an Indonesia-based company that provides construction services. The company operates through segments namely the Engineering and Infrastructure segment, Property and Hospitality, Manufacturing, Investments and Concessions. The company generates majority of its revenue from the Engineering and Infrastructure segment.
60GF Score

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

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