PT Acset Indonusa Tbk (ISX:ACST) Debt-to-EBITDA : 19.78 (As of Mar. 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:ACST PT Acset Indonusa Tbk ISX:ACST
48 GF Score
Price Rp89.00
GF Value Rp77.24
Valuation Modestly Overvalued
! 10 Warning Signs
View Full Analysis

What is PT Acset Indonusa Tbk Debt-to-EBITDA?

PT Acset Indonusa Tbk ISX:ACST -1.11% 48 Debt-to-EBITDA is 19.78 as of Mar. 2026. GuruFocus rates ISX:ACST with a GF Score™ of 48/100 and a GF Value™ of Rp77.24 (Modestly Overvalued). The stock has 10 warning signs investors should review. Among 1,403 Construction companies, PT Acset Indonusa Tbk ranks worse than 71275.77% on this metric.

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

PT Acset Indonusa Tbk's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was Rp1,780,000 Mil. PT Acset Indonusa Tbk's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was Rp0 Mil. PT Acset Indonusa Tbk's annualized EBITDA for the quarter that ended in Mar. 2026 was Rp89,972 Mil. PT Acset Indonusa Tbk's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2026 was 19.78.

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 Acset Indonusa Tbk's Debt-to-EBITDA or its related term are showing as below:

ISX:ACST' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -5.41   Med: -0.12   Max: 13.54
Current: -2.88

During the past 13 years, the highest Debt-to-EBITDA Ratio of PT Acset Indonusa Tbk was 13.54. The lowest was -5.41. And the median was -0.12.

ISX:ACST's Debt-to-EBITDA is ranked worse than
100% of 1403 companies
in the Construction industry
Industry Median: 2.15 vs ISX:ACST: -2.88

PT Acset Indonusa Tbk  (ISX:ACST) 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 Acset Indonusa Tbk Debt-to-EBITDA Related Terms


PT Acset Indonusa Tbk Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for PT Acset Indonusa 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 Acset Indonusa Tbk Debt-to-EBITDA Chart

PT Acset Indonusa 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 -0.08 -0.05 -0.16 -0.55 -2.79

PT Acset Indonusa Tbk Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 17.48 -5.50 -7.87 -0.78 19.78

ISX:ACST vs PWR, FIX, EME: Debt-to-EBITDA Comparison

For the Engineering & Construction subindustry, PT Acset Indonusa 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 Acset Indonusa Tbk Debt-to-EBITDA vs Construction Industry

For the Construction industry and Industrials sector, PT Acset Indonusa Tbk's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where PT Acset Indonusa Tbk's Debt-to-EBITDA falls into.


ISX:ACST
48GF Score
PT Acset Indonusa Tbk ISX:ACST
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

PT Acset Indonusa Tbk Debt-to-EBITDA Calculation

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

PT Acset Indonusa 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
=(1760000 + 0) / -631621
=-2.79

PT Acset Indonusa Tbk's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2026 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(1780000 + 0) / 89972
=19.78

* 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 (Mar. 2026) EBITDA data.

Frequently Asked Questions Learn more about Debt-to-EBITDA →
What does a Debt-to-EBITDA of 19.78 mean?
PT Acset Indonusa Tbk (ISX:ACST) has a Debt-to-EBITDA of 19.78 as of Mar. 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 Acset Indonusa Tbk. According to the industry distribution chart, PT Acset Indonusa Tbk ranks #999999 out of 1403 companies in the Construction industry.
Is PT Acset Indonusa Tbk's Debt-to-EBITDA too high?
PT Acset Indonusa Tbk's current Debt-to-EBITDA is 19.78. The Construction industry median Debt-to-EBITDA is 2.15. PT Acset Indonusa Tbk's value of 19.78 is 820% above this industry median. Based on the distribution chart, PT Acset Indonusa Tbk ranks #999999 out of 1403 companies in the Construction industry, which is in the bottom quartile relative to peers. Overall, PT Acset Indonusa Tbk has a GF Score™ of 48/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does PT Acset Indonusa Tbk's Debt-to-EBITDA compare to PWR and FIX?
According to the Construction industry distribution chart, PT Acset Indonusa Tbk ranks #999999 out of 1403 companies for Debt-to-EBITDA. This places PT Acset Indonusa Tbk in the lower half of its industry. The industry median Debt-to-EBITDA is 2.15. PT Acset Indonusa Tbk's value of 19.78 is 820% above this benchmark. 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 2.15, based on 1,403 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 Acset Indonusa Tbk's current Debt-to-EBITDA of 19.78 is 820% 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 Acset Indonusa Tbk. For the Construction industry, the median Debt-to-EBITDA is 2.15 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT Acset Indonusa Tbk's current Debt-to-EBITDA is 19.78. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Acset Indonusa Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Acset Indonusa Tbk (ISX:ACST) is currently considered Modestly Overvalued. The stock's GF Value™ is Rp77.24, compared to a current price of Rp89.00 — trading 15.2% above its estimated fair value. The current Debt-to-EBITDA is 19.78 and 820% above the Construction industry median of 2.15. PT Acset Indonusa Tbk's overall GF Score™ is 48/100 with 10 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 Acset Indonusa Tbk (ISX:ACST), the current Debt-to-EBITDA is 19.78 as of Mar. 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 Acset Indonusa Tbk (ISX:ACST) Overvalued in 2026?

Based on GuruFocus' analysis, PT Acset Indonusa Tbk stock appears to be overvalued. The current stock price of Rp89.00 is trading 15.2% above its estimated GF Value™ of Rp77.24. GuruFocus considers PT Acset Indonusa Tbk to be Modestly Overvalued.

Key valuation signals for ISX:ACST:

  • Debt-to-EBITDA: 19.78
  • GF Value™: Rp77.24 vs. price of Rp89.00 (15.2% above fair value)
  • GF Score™: 48/100 with 10 warning signs
  • Industry Position: 820% above the Construction median (#999999 of 1403)

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


PT Acset Indonusa Tbk Business Description

Address Jalan. Majapahit No. 26, Acset Building, Petojo Selatan-Gambir, Jakarta, IDN, 10160
PT Acset Indonusa Tbk is an Indonesia-based company which is mainly engaged in the building and construction sector. The company operates through three segments namely Construction, Construction Support Services, and Trading. The majority of the revenue is generated from the Construction segment. Additionally, it is also involved in business activities such as building department stores, hotels, offices, apartments, bridges, and others.
48GF Score

Get the complete analysis for ISX:ACST

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

Rp89.00
Price
Rp77.24
GF Value