PT Hexindo Adiperkasa Tbk (ISX:HEXA) Debt-to-EBITDA : 2.42 (As of Jun. 2026) — 490% Above Median

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:HEXA PT Hexindo Adiperkasa Tbk ISX:HEXA
77 GF Score
Price Rp4,450.00
GF Value Rp4,811.90
Valuation Fairly Valued
! 8 Warning Signs
View Full Analysis

What is PT Hexindo Adiperkasa Tbk Debt-to-EBITDA?

PT Hexindo Adiperkasa Tbk ISX:HEXA +2.53% 77 Debt-to-EBITDA is 2.42 as of Jun. 2026, which is 490% above its 10-year median of 0.41. GuruFocus rates ISX:HEXA with a GF Score™ of 77/100 and a GF Value™ of Rp4,811.90 (Fairly Valued). The stock has 8 warning signs investors should review. Among 140 Industrial Distribution companies, PT Hexindo Adiperkasa Tbk ranks worse than 62.86% on this metric.

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

PT Hexindo Adiperkasa Tbk's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was Rp1,587,975 Mil. PT Hexindo Adiperkasa Tbk's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was Rp108 Mil. PT Hexindo Adiperkasa Tbk's annualized EBITDA for the quarter that ended in Jun. 2026 was Rp655,623 Mil. PT Hexindo Adiperkasa Tbk's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2026 was 2.42.

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

ISX:HEXA' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.03   Med: 0.41   Max: 3.11
Current: 3.11

During the past 13 years, the highest Debt-to-EBITDA Ratio of PT Hexindo Adiperkasa Tbk was 3.11. The lowest was 0.03. And the median was 0.41.

ISX:HEXA's Debt-to-EBITDA is ranked worse than
62.86% of 140 companies
in the Industrial Distribution industry
Industry Median: 2.305 vs ISX:HEXA: 3.11

PT Hexindo Adiperkasa Tbk  (ISX:HEXA) 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 Hexindo Adiperkasa Tbk Debt-to-EBITDA Related Terms


PT Hexindo Adiperkasa Tbk Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for PT Hexindo Adiperkasa 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 Hexindo Adiperkasa Tbk Debt-to-EBITDA Chart

PT Hexindo Adiperkasa Tbk Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.06 1.39 1.24 3.08 2.76

PT Hexindo Adiperkasa 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 3.23 3.08 2.30 -12.51 2.42

ISX:HEXA vs GWW, FAST, FERG: Debt-to-EBITDA Comparison

For the Industrial Distribution subindustry, PT Hexindo Adiperkasa 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 Hexindo Adiperkasa Tbk Debt-to-EBITDA vs Industrial Distribution Industry

For the Industrial Distribution industry and Industrials sector, PT Hexindo Adiperkasa Tbk's Debt-to-EBITDA distribution charts can be found below:

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


ISX:HEXA
77GF Score
PT Hexindo Adiperkasa Tbk ISX:HEXA
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

PT Hexindo Adiperkasa Tbk Debt-to-EBITDA Calculation

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

PT Hexindo Adiperkasa Tbk's Debt-to-EBITDA for the fiscal year 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
=(1585924.935 + 101.576) / 573837.377
=2.76

PT Hexindo Adiperkasa 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
=(1587974.758 + 107.503) / 655622.564
=2.42

* 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 2.42 mean?
PT Hexindo Adiperkasa Tbk (ISX:HEXA) has a Debt-to-EBITDA of 2.42 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 Hexindo Adiperkasa Tbk. This is 490% above median its historical median of 0.41. Over the past decade, PT Hexindo Adiperkasa Tbk's Debt-to-EBITDA has ranged from 0.03 to 3.11. According to the industry distribution chart, PT Hexindo Adiperkasa Tbk ranks #88 out of 140 companies in the Industrial Distribution industry, placing it in the top 62.9%.
Is PT Hexindo Adiperkasa Tbk's Debt-to-EBITDA too high?
PT Hexindo Adiperkasa Tbk's current Debt-to-EBITDA of 2.42 is 490% above median its 10-year median of 0.41. Over the past 10 years, this metric has ranged from a low of 0.03 to a high of 3.11. The Industrial Distribution industry median Debt-to-EBITDA is 2.31. PT Hexindo Adiperkasa Tbk's value of 2.42 is 5% above this industry median. Based on the distribution chart, PT Hexindo Adiperkasa Tbk ranks #88 out of 140 companies in the Industrial Distribution industry, which is below the industry midpoint. Overall, PT Hexindo Adiperkasa Tbk has a GF Score™ of 77/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does PT Hexindo Adiperkasa Tbk's Debt-to-EBITDA compare to GWW and FAST?
According to the Industrial Distribution industry distribution chart, PT Hexindo Adiperkasa Tbk ranks #88 out of 140 companies for Debt-to-EBITDA. This places PT Hexindo Adiperkasa Tbk in the lower half of its industry. The industry median Debt-to-EBITDA is 2.31. PT Hexindo Adiperkasa Tbk's value of 2.42 is 5% above this benchmark. Historically, PT Hexindo Adiperkasa Tbk's own Debt-to-EBITDA has ranged from 0.03 to 3.11 over the past decade. While the company's 10-year median is 0.41 vs. the industry median of 2.31, PT Hexindo Adiperkasa 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 an Industrial Distribution company?
The median Debt-to-EBITDA among Industrial Distribution companies is 2.31, based on 140 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 Hexindo Adiperkasa Tbk's current Debt-to-EBITDA of 2.42 is 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 Hexindo Adiperkasa Tbk. For the Industrial Distribution industry, the median Debt-to-EBITDA is 2.31 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT Hexindo Adiperkasa Tbk's current Debt-to-EBITDA is 2.42, which is 490% above median its own 10-year median of 0.41. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Hexindo Adiperkasa Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Hexindo Adiperkasa Tbk (ISX:HEXA) is currently considered Fairly Valued. The stock's GF Value™ is Rp4,811.90, compared to a current price of Rp4,450.00 — trading 7.5% below its estimated fair value. The current Debt-to-EBITDA is 2.42, which is 490% above median its 10-year median of 0.41 and 5% above the Industrial Distribution industry median of 2.31. PT Hexindo Adiperkasa Tbk's overall GF Score™ is 77/100 with 8 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 Hexindo Adiperkasa Tbk (ISX:HEXA), the current Debt-to-EBITDA is 2.42 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 Hexindo Adiperkasa Tbk (ISX:HEXA) Overvalued in 2026?

Based on GuruFocus' analysis, PT Hexindo Adiperkasa Tbk stock appears to be undervalued. The current stock price of Rp4,450.00 is trading 7.5% below its estimated GF Value™ of Rp4,811.90. GuruFocus considers PT Hexindo Adiperkasa Tbk to be Fairly Valued.

Key valuation signals for ISX:HEXA:

  • Debt-to-EBITDA: 2.42 (490% above median its 10-year median of 0.41)
  • GF Value™: Rp4,811.90 vs. price of Rp4,450.00 (7.5% below fair value)
  • GF Score™: 77/100 with 8 warning signs
  • Industry Position: 5% above the Industrial Distribution median (#88 of 140)

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


PT Hexindo Adiperkasa Tbk Business Description

Other Exchanges HX1A:Germany
Address Jalan Pulo Kambing II, Kav. I-II No. 33, Kawasan Industri Pulogadung, Jakarta, IDN, 13930
PT Hexindo Adiperkasa Tbk distributes heavy equipment and spare parts in Indonesia. Its products include Mini Excavators, Medium Excavators, Large Excavators / Loading Shovels, Wheel Loaders, Rigid Frame Trucks, BELL Articulated Dump Trucks, Used Equipment, ConSite, and Industry Solutions. The company serves the mining, construction, agribusiness, and forestry industries. It has branches and representative offices across Indonesia, including Banda Aceh, Medan, Jakarta, Semarang, Balikpapan, Samarinda, Jayapura, Makassar, Palu, and Kendari, among others.
77GF Score

Get the complete analysis for ISX:HEXA

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

Rp4,450.00
Price
Rp4,811.90
GF Value