PT Mandiri Herindo Adiperkasa Tbk (ISX:MAHA) Debt-to-EBITDA : 1.60 (As of Jun. 2026) — 108% Above Median

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ISX:MAHA PT Mandiri Herindo Adiperkasa Tbk ISX:MAHA
87 GF Score
Price Rp146.00
GF Value Rp236.19
Valuation Significantly Undervalued
! 3 Warning Signs
View Full Analysis

What is PT Mandiri Herindo Adiperkasa Tbk Debt-to-EBITDA?

PT Mandiri Herindo Adiperkasa Tbk ISX:MAHA +0.69% 87 Debt-to-EBITDA is 1.60 as of Jun. 2026, which is 108% above its 10-year median of 0.77. GuruFocus rates ISX:MAHA with a GF Score™ of 87/100 and a GF Value™ of Rp236.19 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 864 Transportation companies, PT Mandiri Herindo Adiperkasa Tbk ranks better than 79.51% on this metric.

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

PT Mandiri Herindo Adiperkasa Tbk's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was Rp264,288 Mil. PT Mandiri Herindo Adiperkasa Tbk's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was Rp294,456 Mil. PT Mandiri Herindo Adiperkasa Tbk's annualized EBITDA for the quarter that ended in Jun. 2026 was Rp348,541 Mil. PT Mandiri Herindo Adiperkasa Tbk's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2026 was 1.60.

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

ISX:MAHA' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.21   Med: 0.77   Max: 1.58
Current: 1.03

During the past 6 years, the highest Debt-to-EBITDA Ratio of PT Mandiri Herindo Adiperkasa Tbk was 1.58. The lowest was 0.21. And the median was 0.77.

ISX:MAHA's Debt-to-EBITDA is ranked better than
79.51% of 864 companies
in the Transportation industry
Industry Median: 2.64 vs ISX:MAHA: 1.03

PT Mandiri Herindo Adiperkasa Tbk  (ISX:MAHA) 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 Mandiri Herindo Adiperkasa Tbk Debt-to-EBITDA Related Terms


PT Mandiri Herindo Adiperkasa Tbk Debt-to-EBITDA Historical Data

* Premium members only.

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

PT Mandiri Herindo Adiperkasa Tbk Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Debt-to-EBITDA
Get a 7-Day Free Trial 0.35 0.21 1.01 0.91 1.58

PT Mandiri Herindo Adiperkasa Tbk Quarterly Data
Dec20 Dec21 Mar22 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 5.67 1.01 0.70 1.18 1.60

ISX:MAHA vs ODFL, XPO, KNX: Debt-to-EBITDA Comparison

For the Trucking subindustry, PT Mandiri Herindo 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 Mandiri Herindo Adiperkasa Tbk Debt-to-EBITDA vs Transportation Industry

For the Transportation industry and Industrials sector, PT Mandiri Herindo Adiperkasa Tbk's Debt-to-EBITDA distribution charts can be found below:

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


ISX:MAHA
87GF Score
PT Mandiri Herindo Adiperkasa Tbk ISX:MAHA
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

PT Mandiri Herindo Adiperkasa Tbk Debt-to-EBITDA Calculation

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

PT Mandiri Herindo Adiperkasa 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
=(279886.388 + 332549.276) / 388599.548
=1.58

PT Mandiri Herindo 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
=(264287.628 + 294455.854) / 348540.688
=1.60

* 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 1.60 mean?
PT Mandiri Herindo Adiperkasa Tbk (ISX:MAHA) has a Debt-to-EBITDA of 1.60 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 Mandiri Herindo Adiperkasa Tbk. This is 108% above median its historical median of 0.77. Over the past decade, PT Mandiri Herindo Adiperkasa Tbk's Debt-to-EBITDA has ranged from 0.21 to 1.58. According to the industry distribution chart, PT Mandiri Herindo Adiperkasa Tbk ranks #177 out of 864 companies in the Transportation industry, placing it in the top 20.5%.
Is PT Mandiri Herindo Adiperkasa Tbk's Debt-to-EBITDA too high?
PT Mandiri Herindo Adiperkasa Tbk's current Debt-to-EBITDA of 1.60 is 108% above median its 10-year median of 0.77. Over the past 10 years, this metric has ranged from a low of 0.21 to a high of 1.58. The Transportation industry median Debt-to-EBITDA is 2.64. PT Mandiri Herindo Adiperkasa Tbk's value of 1.60 is 39.4% below this industry median. Based on the distribution chart, PT Mandiri Herindo Adiperkasa Tbk ranks #177 out of 864 companies in the Transportation industry, which is in the top quartile — a strong position relative to peers. Overall, PT Mandiri Herindo Adiperkasa Tbk has a GF Score™ of 87/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does PT Mandiri Herindo Adiperkasa Tbk's Debt-to-EBITDA compare to ODFL and XPO?
According to the Transportation industry distribution chart, PT Mandiri Herindo Adiperkasa Tbk ranks #177 out of 864 companies for Debt-to-EBITDA. This places PT Mandiri Herindo Adiperkasa Tbk in the top 21% of its industry — outperforming the majority of peers. The industry median Debt-to-EBITDA is 2.64. PT Mandiri Herindo Adiperkasa Tbk's value of 1.60 is 39.4% below this benchmark. Historically, PT Mandiri Herindo Adiperkasa Tbk's own Debt-to-EBITDA has ranged from 0.21 to 1.58 over the past decade. While the company's 10-year median is 0.77 vs. the industry median of 2.64, PT Mandiri Herindo Adiperkasa 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 2.64, based on 864 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 Mandiri Herindo Adiperkasa Tbk's current Debt-to-EBITDA of 1.60 is 39.4% 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 Mandiri Herindo Adiperkasa Tbk. For the Transportation industry, the median Debt-to-EBITDA is 2.64 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT Mandiri Herindo Adiperkasa Tbk's current Debt-to-EBITDA is 1.60, which is 108% above median its own 10-year median of 0.77. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Mandiri Herindo Adiperkasa Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Mandiri Herindo Adiperkasa Tbk (ISX:MAHA) is currently considered Significantly Undervalued. The stock's GF Value™ is Rp236.19, compared to a current price of Rp146.00 — trading 38.2% below its estimated fair value. The current Debt-to-EBITDA is 1.60, which is 108% above median its 10-year median of 0.77 and 39.4% below the Transportation industry median of 2.64. PT Mandiri Herindo Adiperkasa Tbk's overall GF Score™ is 87/100 with 3 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 Mandiri Herindo Adiperkasa Tbk (ISX:MAHA), the current Debt-to-EBITDA is 1.60 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 Mandiri Herindo Adiperkasa Tbk (ISX:MAHA) Overvalued in 2026?

Based on GuruFocus' analysis, PT Mandiri Herindo Adiperkasa Tbk stock appears to be undervalued. The current stock price of Rp146.00 is trading 38.2% below its estimated GF Value™ of Rp236.19. GuruFocus considers PT Mandiri Herindo Adiperkasa Tbk to be Significantly Undervalued.

Key valuation signals for ISX:MAHA:

  • Debt-to-EBITDA: 1.60 (108% above median its 10-year median of 0.77)
  • GF Value™: Rp236.19 vs. price of Rp146.00 (38.2% below fair value)
  • GF Score™: 87/100 with 3 warning signs
  • Industry Position: 39.4% below the Transportation median (#177 of 864)

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


PT Mandiri Herindo Adiperkasa Tbk Business Description

Address Jl. Jend. Sudirman Kav. 52 - 53, Senopati Raya No. 8B, Gedung Office 8, Floor 31, Unit A, SCBD Lot 28, Kebayoran Baru, Jakarta, IDN, 12190
PT Mandiri Herindo Adiperkasa Tbk is one of the mineral and coal transportation service providers, supported by resources and professional personnel with integrity. The company focuses on coal hauling service activities after overburden removal activities are carried out by contractors. The Company also has several types of units in the implementation of coal transportation services, namely single trailers, double trailers, and dump trucks, with variations in payload capacity and equipment specifications according to the needs of the employer. The company classifies its business into three geographical segments, which are North Kalimantan, East Kalimantan, and Central Kalimantan. The company generates the majority of its revenue from the East Kalimantan segment.
87GF Score

Get the complete analysis for ISX:MAHA

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

Rp146.00
Price
Rp236.19
GF Value