PT Jasa Armada Indonesia Tbk (ISX:IPCM) Debt-to-EBITDA : 0.24 (As of Mar. 2026) — Near Median

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ISX:IPCM PT Jasa Armada Indonesia Tbk ISX:IPCM
95 GF Score
Price Rp318.00
GF Value Rp353.30
Valuation Fairly Valued
! 2 Warning Signs
View Full Analysis

What is PT Jasa Armada Indonesia Tbk Debt-to-EBITDA?

PT Jasa Armada Indonesia Tbk ISX:IPCM -0.62% 95 Debt-to-EBITDA is 0.24 as of Mar. 2026, which is 4% above its 10-year median of 0.23. GuruFocus rates ISX:IPCM with a GF Score™ of 95/100 and a GF Value™ of Rp353.30 (Fairly Valued). The stock has 2 warning signs investors should review. Among 870 Transportation companies, PT Jasa Armada Indonesia Tbk ranks better than 93.68% on this metric.

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

PT Jasa Armada Indonesia Tbk's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was Rp54,325 Mil. PT Jasa Armada Indonesia Tbk's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was Rp2,941 Mil. PT Jasa Armada Indonesia Tbk's annualized EBITDA for the quarter that ended in Mar. 2026 was Rp239,406 Mil. PT Jasa Armada Indonesia Tbk's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2026 was 0.24.

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 Jasa Armada Indonesia Tbk's Debt-to-EBITDA or its related term are showing as below:

ISX:IPCM' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.04   Med: 0.23   Max: 0.47
Current: 0.22

During the past 10 years, the highest Debt-to-EBITDA Ratio of PT Jasa Armada Indonesia Tbk was 0.47. The lowest was 0.04. And the median was 0.23.

ISX:IPCM's Debt-to-EBITDA is ranked better than
93.68% of 870 companies
in the Transportation industry
Industry Median: 2.645 vs ISX:IPCM: 0.22

PT Jasa Armada Indonesia Tbk  (ISX:IPCM) 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 Jasa Armada Indonesia Tbk Debt-to-EBITDA Related Terms


PT Jasa Armada Indonesia Tbk Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for PT Jasa Armada 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 Jasa Armada Indonesia Tbk Debt-to-EBITDA Chart

PT Jasa Armada 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 0.19 0.04 0.19 0.39 0.26

PT Jasa Armada Indonesia 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 0.32 0.23 0.14 0.23 0.24

PT Jasa Armada Indonesia Tbk Debt-to-EBITDA Competitor Comparison

For the Marine Shipping subindustry, PT Jasa Armada 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 Jasa Armada Indonesia Tbk Debt-to-EBITDA vs Transportation Industry

For the Transportation industry and Industrials sector, PT Jasa Armada Indonesia Tbk's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where PT Jasa Armada Indonesia Tbk's Debt-to-EBITDA falls into.


ISX:IPCM
95GF Score
PT Jasa Armada Indonesia Tbk ISX:IPCM
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

PT Jasa Armada Indonesia Tbk Debt-to-EBITDA Calculation

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

PT Jasa Armada 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
=(69093.934 + 3920.945) / 277534.619
=0.26

PT Jasa Armada Indonesia 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
=(54324.989 + 2940.708) / 239405.828
=0.24

* 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 0.24 mean?
PT Jasa Armada Indonesia Tbk (ISX:IPCM) has a Debt-to-EBITDA of 0.24 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 Jasa Armada Indonesia Tbk. This is near median its historical median of 0.23. Over the past decade, PT Jasa Armada Indonesia Tbk's Debt-to-EBITDA has ranged from 0.04 to 0.47. According to the industry distribution chart, PT Jasa Armada Indonesia Tbk ranks #55 out of 870 companies in the Transportation industry, placing it in the top 6.3%.
Is PT Jasa Armada Indonesia Tbk's Debt-to-EBITDA too high?
PT Jasa Armada Indonesia Tbk's current Debt-to-EBITDA of 0.24 is near median its 10-year median of 0.23. Over the past 10 years, this metric has ranged from a low of 0.04 to a high of 0.47. The Transportation industry median Debt-to-EBITDA is 2.65. PT Jasa Armada Indonesia Tbk's value of 0.24 is 90.9% below this industry median. Based on the distribution chart, PT Jasa Armada Indonesia Tbk ranks #55 out of 870 companies in the Transportation industry, which is in the top quartile — a strong position relative to peers. Overall, PT Jasa Armada Indonesia Tbk has a GF Score™ of 95/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does PT Jasa Armada Indonesia Tbk's Debt-to-EBITDA compare to competitors?
According to the Transportation industry distribution chart, PT Jasa Armada Indonesia Tbk ranks #55 out of 870 companies for Debt-to-EBITDA. This places PT Jasa Armada Indonesia Tbk in the top 6% of its industry — outperforming the majority of peers. The industry median Debt-to-EBITDA is 2.65. PT Jasa Armada Indonesia Tbk's value of 0.24 is 90.9% below this benchmark. Historically, PT Jasa Armada Indonesia Tbk's own Debt-to-EBITDA has ranged from 0.04 to 0.47 over the past decade. While the company's 10-year median is 0.23 vs. the industry median of 2.65, PT Jasa Armada Indonesia Tbk has consistently been below 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 Transportation company?
The median Debt-to-EBITDA among Transportation companies is 2.65, based on 870 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 Jasa Armada Indonesia Tbk's current Debt-to-EBITDA of 0.24 is 90.9% below 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 Jasa Armada Indonesia Tbk. For the Transportation industry, the median Debt-to-EBITDA is 2.65 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT Jasa Armada Indonesia Tbk's current Debt-to-EBITDA is 0.24, which is near median its own 10-year median of 0.23. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Jasa Armada Indonesia Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Jasa Armada Indonesia Tbk (ISX:IPCM) is currently considered Fairly Valued. The stock's GF Value™ is Rp353.30, compared to a current price of Rp318.00 — trading 10% below its estimated fair value. The current Debt-to-EBITDA is 0.24, which is near median its 10-year median of 0.23 and 90.9% below the Transportation industry median of 2.65. PT Jasa Armada Indonesia Tbk's overall GF Score™ is 95/100 with 2 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 Jasa Armada Indonesia Tbk (ISX:IPCM), the current Debt-to-EBITDA is 0.24 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 Jasa Armada Indonesia Tbk (ISX:IPCM) Overvalued in 2026?

Based on GuruFocus' analysis, PT Jasa Armada Indonesia Tbk stock appears to be undervalued. The current stock price of Rp318.00 is trading 10% below its estimated GF Value™ of Rp353.30. GuruFocus considers PT Jasa Armada Indonesia Tbk to be Fairly Valued.

Key valuation signals for ISX:IPCM:

  • Debt-to-EBITDA: 0.24 (near median its 10-year median of 0.23)
  • GF Value™: Rp353.30 vs. price of Rp318.00 (10% below fair value)
  • GF Score™: 95/100 with 2 warning signs
  • Industry Position: 90.9% below the Transportation median (#55 of 870)

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


PT Jasa Armada Indonesia Tbk Business Description

Address Jalan Yos Sudarso No. 9, Pelindo Tower, 8th & 9th Floor, Rawa Badak Utara, Koja, North Jakarta, Jakarta, IDN, 14230
PT Jasa Armada Indonesia Tbk is engaged in pilotage and towage services for container vessels, dry and liquid bulk, inland waterways, and offshore STS. The company also provides fleet maintenance services. The company's operating segments are Vessel Services, and Freight Services & Other Services. The company generates maximum revenue from the Vessel services segment.
95GF Score

Get the complete analysis for ISX:IPCM

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

Rp318.00
Price
Rp353.30
GF Value