PT Golden Flower Tbk (ISX:POLU) Debt-to-EBITDA : 1.83 (As of Jun. 2026) — 49% Below 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:POLU PT Golden Flower Tbk ISX:POLU
53 GF Score
Price Rp11,625.00
GF Value Rp3,112.86
Valuation Significantly Overvalued
! 3 Warning Signs
View Full Analysis

What is PT Golden Flower Tbk Debt-to-EBITDA?

PT Golden Flower Tbk ISX:POLU -2.31% 53 Debt-to-EBITDA is 1.83 as of Jun. 2026, which is 49% below its 10-year median of 3.58. GuruFocus rates ISX:POLU with a GF Score™ of 53/100 and a GF Value™ of Rp3,112.86 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 814 Manufacturing - Apparel & Accessories companies, PT Golden Flower Tbk ranks worse than 122850% on this metric.

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

PT Golden Flower Tbk's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was Rp44,642 Mil. PT Golden Flower Tbk's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was Rp3,165 Mil. PT Golden Flower Tbk's annualized EBITDA for the quarter that ended in Jun. 2026 was Rp26,079 Mil. PT Golden Flower Tbk's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2026 was 1.83.

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

ISX:POLU' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -5.56   Med: 3.58   Max: 54.36
Current: -3.14

During the past 10 years, the highest Debt-to-EBITDA Ratio of PT Golden Flower Tbk was 54.36. The lowest was -5.56. And the median was 3.58.

ISX:POLU's Debt-to-EBITDA is ranked worse than
100% of 814 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 2.675 vs ISX:POLU: -3.14

PT Golden Flower Tbk  (ISX:POLU) 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 Golden Flower Tbk Debt-to-EBITDA Related Terms


PT Golden Flower Tbk Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for PT Golden Flower 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 Golden Flower Tbk Debt-to-EBITDA Chart

PT Golden Flower 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 -0.27 -5.56 -2.10 54.36 -3.47

PT Golden Flower 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 72.38 1.22 -0.41 28.36 1.83

ISX:POLU vs RL, LEVI, VFC: Debt-to-EBITDA Comparison

For the Apparel Manufacturing subindustry, PT Golden Flower 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 Golden Flower Tbk Debt-to-EBITDA vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, PT Golden Flower Tbk's Debt-to-EBITDA distribution charts can be found below:

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


ISX:POLU
53GF Score
PT Golden Flower Tbk ISX:POLU
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

PT Golden Flower Tbk Debt-to-EBITDA Calculation

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

PT Golden Flower 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
=(40822.396 + 3200.432) / -12693.317
=-3.47

PT Golden Flower 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
=(44642.124 + 3165.214) / 26079.428
=1.83

* 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 1.83 mean?
PT Golden Flower Tbk (ISX:POLU) has a Debt-to-EBITDA of 1.83 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 Golden Flower Tbk. This is 49% below median its historical median of 3.58. According to the industry distribution chart, PT Golden Flower Tbk ranks #999999 out of 814 companies in the Manufacturing - Apparel & Accessories industry.
Is PT Golden Flower Tbk's Debt-to-EBITDA too high?
PT Golden Flower Tbk's current Debt-to-EBITDA of 1.83 is 49% below median its 10-year median of 3.58. The Manufacturing - Apparel & Accessories industry median Debt-to-EBITDA is 2.68. PT Golden Flower Tbk's value of 1.83 is 31.6% below this industry median. Based on the distribution chart, PT Golden Flower Tbk ranks #999999 out of 814 companies in the Manufacturing - Apparel & Accessories industry, which is in the bottom quartile relative to peers. Overall, PT Golden Flower Tbk has a GF Score™ of 53/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does PT Golden Flower Tbk's Debt-to-EBITDA compare to RL and LEVI?
According to the Manufacturing - Apparel & Accessories industry distribution chart, PT Golden Flower Tbk ranks #999999 out of 814 companies for Debt-to-EBITDA. This places PT Golden Flower Tbk in the lower half of its industry. The industry median Debt-to-EBITDA is 2.68. PT Golden Flower Tbk's value of 1.83 is 31.6% below this benchmark. While the company's 10-year median is 3.58 vs. the industry median of 2.68, PT Golden Flower 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 Manufacturing - Apparel & Accessories company?
The median Debt-to-EBITDA among Manufacturing - Apparel & Accessories companies is 2.68, based on 814 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 Golden Flower Tbk's current Debt-to-EBITDA of 1.83 is 31.6% 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 Golden Flower Tbk. For the Manufacturing - Apparel & Accessories industry, the median Debt-to-EBITDA is 2.68 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT Golden Flower Tbk's current Debt-to-EBITDA is 1.83, which is 49% below median its own 10-year median of 3.58. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Golden Flower Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Golden Flower Tbk (ISX:POLU) is currently considered Significantly Overvalued. The stock's GF Value™ is Rp3,112.86, compared to a current price of Rp11,625.00 — trading 273.5% above its estimated fair value. The current Debt-to-EBITDA is 1.83, which is 49% below median its 10-year median of 3.58 and 31.6% below the Manufacturing - Apparel & Accessories industry median of 2.68. PT Golden Flower Tbk's overall GF Score™ is 53/100 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 Golden Flower Tbk (ISX:POLU), the current Debt-to-EBITDA is 1.83 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 Golden Flower Tbk (ISX:POLU) Overvalued in 2026?

Based on GuruFocus' analysis, PT Golden Flower Tbk stock appears to be overvalued. The current stock price of Rp11,625.00 is trading 273.5% above its estimated GF Value™ of Rp3,112.86. GuruFocus considers PT Golden Flower Tbk to be Significantly Overvalued.

Key valuation signals for ISX:POLU:

  • Debt-to-EBITDA: 1.83 (49% below median its 10-year median of 3.58)
  • GF Value™: Rp3,112.86 vs. price of Rp11,625.00 (273.5% above fair value)
  • GF Score™: 53/100 with 3 warning signs
  • Industry Position: 31.6% below the Manufacturing - Apparel & Accessories median (#999999 of 814)

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


PT Golden Flower Tbk Business Description

Address Jalan Karimunjawa, Gedanganak Ungaran, Jawa Tengah, Semarang, IDN, 50519
PT Golden Flower Tbk is a garment manufacturer and exporter in Indonesia. The company's operating segment includes Ladies' blouses, Man shirts, and Uniform, accessories, and others. It generates maximum revenue from the Ladies' blouse segment. Some of its products include Non-Iron Shirt; Casual shirts; Skirt; Dresses; Night Wear and others.
53GF Score

Get the complete analysis for ISX:POLU

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

Rp11,625.00
Price
Rp3,112.86
GF Value