PT Steel Pipe Industry of Indonesia Tbk (FRA:S08) Debt-to-EBITDA : 3.66 (As of Jun. 2026) — 38% Below Median

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FRA:S08 PT Steel Pipe Industry of Indonesia Tbk FRA:S08
75 GF Score
Price €0.02
GF Value €0.01
! 4 Warning Signs
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What is PT Steel Pipe Industry of Indonesia Tbk Debt-to-EBITDA?

PT Steel Pipe Industry of Indonesia Tbk FRA:S08 -3.03% 75 Debt-to-EBITDA is 3.66 as of Jun. 2026, which is 38% below its 10-year median of 5.94. GuruFocus rates FRA:S08 with a GF Score™ of 75/100 and a GF Value™ of €0.01. The stock has 4 warning signs investors should review. Among 494 Steel companies, PT Steel Pipe Industry of Indonesia Tbk ranks worse than 62.96% on this metric.

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

PT Steel Pipe Industry of Indonesia Tbk's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was €112.8 Mil. PT Steel Pipe Industry of Indonesia Tbk's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was €60.5 Mil. PT Steel Pipe Industry of Indonesia Tbk's annualized EBITDA for the quarter that ended in Jun. 2026 was €47.3 Mil. PT Steel Pipe Industry of Indonesia Tbk's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2026 was 3.66.

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 Steel Pipe Industry of Indonesia Tbk's Debt-to-EBITDA or its related term are showing as below:

FRA:S08' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 2.82   Med: 5.94   Max: 12.69
Current: 4.18

During the past 13 years, the highest Debt-to-EBITDA Ratio of PT Steel Pipe Industry of Indonesia Tbk was 12.69. The lowest was 2.82. And the median was 5.94.

FRA:S08's Debt-to-EBITDA is ranked worse than
62.96% of 494 companies
in the Steel industry
Industry Median: 2.87 vs FRA:S08: 4.18

PT Steel Pipe Industry of Indonesia Tbk  (FRA:S08) 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 Steel Pipe Industry of Indonesia Tbk Debt-to-EBITDA Related Terms


PT Steel Pipe Industry of Indonesia Tbk Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for PT Steel Pipe Industry of Indonesia 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 Steel Pipe Industry of Indonesia Tbk Debt-to-EBITDA Chart

PT Steel Pipe Industry of Indonesia 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 3.22 5.26 3.41 3.05 2.82

PT Steel Pipe Industry of Indonesia 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 2.68 2.33 2.63 4.02 3.66

FRA:S08 vs NUE, STLD, RS: Debt-to-EBITDA Comparison

For the Steel subindustry, PT Steel Pipe Industry of Indonesia 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 Steel Pipe Industry of Indonesia Tbk Debt-to-EBITDA vs Steel Industry

For the Steel industry and Basic Materials sector, PT Steel Pipe Industry of Indonesia Tbk's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where PT Steel Pipe Industry of Indonesia Tbk's Debt-to-EBITDA falls into.


FRA:S08
75GF Score
PT Steel Pipe Industry of Indonesia Tbk FRA:S08
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

PT Steel Pipe Industry of Indonesia Tbk Debt-to-EBITDA Calculation

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

PT Steel Pipe Industry of Indonesia 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
=(61.691 + 59.093) / 42.904
=2.82

PT Steel Pipe Industry of Indonesia 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
=(112.758 + 60.472) / 47.304
=3.66

* 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 3.66 mean?
PT Steel Pipe Industry of Indonesia Tbk (FRA:S08) has a Debt-to-EBITDA of 3.66 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 Steel Pipe Industry of Indonesia Tbk. This is 38% below median its historical median of 5.94. Over the past decade, PT Steel Pipe Industry of Indonesia Tbk's Debt-to-EBITDA has ranged from 2.82 to 12.69. According to the industry distribution chart, PT Steel Pipe Industry of Indonesia Tbk ranks #311 out of 494 companies in the Steel industry, placing it in the top 63%.
Is PT Steel Pipe Industry of Indonesia Tbk's Debt-to-EBITDA too high?
PT Steel Pipe Industry of Indonesia Tbk's current Debt-to-EBITDA of 3.66 is 38% below median its 10-year median of 5.94. Over the past 10 years, this metric has ranged from a low of 2.82 to a high of 12.69. The Steel industry median Debt-to-EBITDA is 2.87. PT Steel Pipe Industry of Indonesia Tbk's value of 3.66 is 27.5% above this industry median. Based on the distribution chart, PT Steel Pipe Industry of Indonesia Tbk ranks #311 out of 494 companies in the Steel industry, which is below the industry midpoint. Overall, PT Steel Pipe Industry of Indonesia Tbk has a GF Score™ of 75/100, reflecting its overall financial health beyond just this single metric.
How does PT Steel Pipe Industry of Indonesia Tbk's Debt-to-EBITDA compare to NUE and STLD?
According to the Steel industry distribution chart, PT Steel Pipe Industry of Indonesia Tbk ranks #311 out of 494 companies for Debt-to-EBITDA. This places PT Steel Pipe Industry of Indonesia Tbk in the lower half of its industry. The industry median Debt-to-EBITDA is 2.87. PT Steel Pipe Industry of Indonesia Tbk's value of 3.66 is 27.5% above this benchmark. Historically, PT Steel Pipe Industry of Indonesia Tbk's own Debt-to-EBITDA has ranged from 2.82 to 12.69 over the past decade. While the company's 10-year median is 5.94 vs. the industry median of 2.87, PT Steel Pipe Industry of Indonesia 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 Steel company?
The median Debt-to-EBITDA among Steel companies is 2.87, based on 494 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 Steel Pipe Industry of Indonesia Tbk's current Debt-to-EBITDA of 3.66 is 27.5% 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 Steel Pipe Industry of Indonesia Tbk. For the Steel industry, the median Debt-to-EBITDA is 2.87 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT Steel Pipe Industry of Indonesia Tbk's current Debt-to-EBITDA is 3.66, which is 38% below median its own 10-year median of 5.94. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Steel Pipe Industry of Indonesia Tbk stock overvalued right now?
PT Steel Pipe Industry of Indonesia Tbk (FRA:S08) has a current Debt-to-EBITDA of 3.66. The stock's GF Value™ is €0.01, compared to a current price of €0.02 — trading 60% above its estimated fair value. The current Debt-to-EBITDA is 3.66, which is 38% below median its 10-year median of 5.94 and 27.5% above the Steel industry median of 2.87. PT Steel Pipe Industry of Indonesia Tbk's overall GF Score™ is 75/100 with 4 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 Steel Pipe Industry of Indonesia Tbk (FRA:S08), the current Debt-to-EBITDA is 3.66 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 Steel Pipe Industry of Indonesia Tbk (FRA:S08) Overvalued in 2026?

Based on GuruFocus' analysis, PT Steel Pipe Industry of Indonesia Tbk stock appears to be overvalued. The current stock price of €0.02 is trading 60% above its estimated GF Value™ of €0.01.

Key valuation signals for FRA:S08:

  • Debt-to-EBITDA: 3.66 (38% below median its 10-year median of 5.94)
  • GF Value™: €0.01 vs. price of €0.02 (60% above fair value)
  • GF Score™: 75/100 with 4 warning signs
  • Industry Position: 27.5% above the Steel median (#311 of 494)

No single metric tells the full story. See the FRA:S08 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


PT Steel Pipe Industry of Indonesia Tbk Business Description

Other Exchanges ISSP:Indonesia
Address Jalan Kalibutuh No. 189-191, East Java, Surabaya, IDN, 60173
PT Steel Pipe Industry of Indonesia Tbk is an Indonesian-based company engaged in manufacturing steel pipes. The company's products include black pipes, water pipes, mechanical pipes, furniture pipes, API pipes, steel poles, spiral pipes, as well as industrial and ornamental stainless steel pipes. The segments of the company are Steel Pipe Mill, Spiral Steel Pipe Mill, Strips and Plate, Services, and others. The company's products are used for furniture, water supply systems, general construction, automotive components, oil and gas, mechanical structures, and chemical industries. Geographically, all operations functioned through the regions of Indonesia.
75GF Score

Get the complete analysis for FRA:S08

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

€0.02
Price
€0.01
GF Value