PT Semen Baturaja (Persero) Tbk (ISX:SMBR) Debt-to-EBITDA : 3.43 (As of Mar. 2026) — 25% Below Median

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ISX:SMBR PT Semen Baturaja (Persero) Tbk ISX:SMBR
72 GF Score
Price Rp170.00
GF Value Rp274.93
Valuation Possible Value Trap
! 4 Warning Signs
View Full Analysis

What is PT Semen Baturaja (Persero) Tbk Debt-to-EBITDA?

PT Semen Baturaja (Persero) Tbk ISX:SMBR -0.58% 72 Debt-to-EBITDA is 3.43 as of Mar. 2026, which is 25% below its 10-year median of 4.57. GuruFocus rates ISX:SMBR with a GF Score™ of 72/100 and a GF Value™ of Rp274.93 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 334 Building Materials companies, PT Semen Baturaja (Persero) Tbk ranks better than 53.29% on this metric.

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

PT Semen Baturaja (Persero) Tbk's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was Rp222,592 Mil. PT Semen Baturaja (Persero) Tbk's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was Rp298,986 Mil. PT Semen Baturaja (Persero) Tbk's annualized EBITDA for the quarter that ended in Mar. 2026 was Rp152,296 Mil. PT Semen Baturaja (Persero) Tbk's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2026 was 3.42.

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 Semen Baturaja (Persero) Tbk's Debt-to-EBITDA or its related term are showing as below:

ISX:SMBR' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 1.71   Med: 4.57   Max: 6.15
Current: 2

During the past 13 years, the highest Debt-to-EBITDA Ratio of PT Semen Baturaja (Persero) Tbk was 6.15. The lowest was 1.71. And the median was 4.57.

ISX:SMBR's Debt-to-EBITDA is ranked better than
53.29% of 334 companies
in the Building Materials industry
Industry Median: 2.27 vs ISX:SMBR: 2.00

PT Semen Baturaja (Persero) Tbk  (ISX:SMBR) 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 Semen Baturaja (Persero) Tbk Debt-to-EBITDA Related Terms


PT Semen Baturaja (Persero) Tbk Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for PT Semen Baturaja (Persero) 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 Semen Baturaja (Persero) Tbk Debt-to-EBITDA Chart

PT Semen Baturaja (Persero) 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 6.14 4.85 3.01 2.71 1.71

PT Semen Baturaja (Persero) 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 2.18 2.62 1.26 2.26 3.43

ISX:SMBR vs CRH, VMC, MLM: Debt-to-EBITDA Comparison

For the Building Materials subindustry, PT Semen Baturaja (Persero) 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 Semen Baturaja (Persero) Tbk Debt-to-EBITDA vs Building Materials Industry

For the Building Materials industry and Basic Materials sector, PT Semen Baturaja (Persero) Tbk's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where PT Semen Baturaja (Persero) Tbk's Debt-to-EBITDA falls into.


ISX:SMBR
72GF Score
PT Semen Baturaja (Persero) Tbk ISX:SMBR
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

PT Semen Baturaja (Persero) Tbk Debt-to-EBITDA Calculation

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

PT Semen Baturaja (Persero) 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
=(222324.763 + 299861.718) / 305651.64
=1.71

PT Semen Baturaja (Persero) 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
=(222591.939 + 298985.806) / 152296.208
=3.42

* 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 (Mar. 2026) EBITDA data.

Frequently Asked Questions Learn more about Debt-to-EBITDA →
What does a Debt-to-EBITDA of 3.43 mean?
PT Semen Baturaja (Persero) Tbk (ISX:SMBR) has a Debt-to-EBITDA of 3.43 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 Semen Baturaja (Persero) Tbk. This is 25% below median its historical median of 4.57. Over the past decade, PT Semen Baturaja (Persero) Tbk's Debt-to-EBITDA has ranged from 1.71 to 6.15. According to the industry distribution chart, PT Semen Baturaja (Persero) Tbk ranks #156 out of 334 companies in the Building Materials industry, placing it in the top 46.7%.
Is PT Semen Baturaja (Persero) Tbk's Debt-to-EBITDA too high?
PT Semen Baturaja (Persero) Tbk's current Debt-to-EBITDA of 3.43 is 25% below median its 10-year median of 4.57. Over the past 10 years, this metric has ranged from a low of 1.71 to a high of 6.15. The Building Materials industry median Debt-to-EBITDA is 2.27. PT Semen Baturaja (Persero) Tbk's value of 3.43 is 51.1% above this industry median. Based on the distribution chart, PT Semen Baturaja (Persero) Tbk ranks #156 out of 334 companies in the Building Materials industry, which is above the industry midpoint. Overall, PT Semen Baturaja (Persero) Tbk has a GF Score™ of 72/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does PT Semen Baturaja (Persero) Tbk's Debt-to-EBITDA compare to CRH and VMC?
According to the Building Materials industry distribution chart, PT Semen Baturaja (Persero) Tbk ranks #156 out of 334 companies for Debt-to-EBITDA. This puts PT Semen Baturaja (Persero) Tbk in the upper half of its industry. The industry median Debt-to-EBITDA is 2.27. PT Semen Baturaja (Persero) Tbk's value of 3.43 is 51.1% above this benchmark. Historically, PT Semen Baturaja (Persero) Tbk's own Debt-to-EBITDA has ranged from 1.71 to 6.15 over the past decade. While the company's 10-year median is 4.57 vs. the industry median of 2.27, PT Semen Baturaja (Persero) 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 a Building Materials company?
The median Debt-to-EBITDA among Building Materials companies is 2.27, based on 334 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 Semen Baturaja (Persero) Tbk's current Debt-to-EBITDA of 3.43 is 51.1% 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 Semen Baturaja (Persero) Tbk. For the Building Materials industry, the median Debt-to-EBITDA is 2.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT Semen Baturaja (Persero) Tbk's current Debt-to-EBITDA is 3.43, which is 25% below median its own 10-year median of 4.57. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Semen Baturaja (Persero) Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Semen Baturaja (Persero) Tbk (ISX:SMBR) is currently considered Possible Value Trap. The stock's GF Value™ is Rp274.93, compared to a current price of Rp170.00 — trading 38.2% below its estimated fair value. The current Debt-to-EBITDA is 3.43, which is 25% below median its 10-year median of 4.57 and 51.1% above the Building Materials industry median of 2.27. PT Semen Baturaja (Persero) Tbk's overall GF Score™ is 72/100 with 4 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 Semen Baturaja (Persero) Tbk (ISX:SMBR), the current Debt-to-EBITDA is 3.43 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 Semen Baturaja (Persero) Tbk (ISX:SMBR) Overvalued in 2026?

Based on GuruFocus' analysis, PT Semen Baturaja (Persero) Tbk stock appears to be undervalued. The current stock price of Rp170.00 is trading 38.2% below its estimated GF Value™ of Rp274.93. GuruFocus considers PT Semen Baturaja (Persero) Tbk to be Possible Value Trap.

Key valuation signals for ISX:SMBR:

  • Debt-to-EBITDA: 3.43 (25% below median its 10-year median of 4.57)
  • GF Value™: Rp274.93 vs. price of Rp170.00 (38.2% below fair value)
  • GF Score™: 72/100 with 4 warning signs
  • Industry Position: 51.1% above the Building Materials median (#156 of 334)

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


PT Semen Baturaja (Persero) Tbk Business Description

Address Jalan Abikusno Cokrosuyoso Kertapati, P.O. Box 1175, Palembang, IDN, 30258
PT Semen Baturaja (Persero) Tbk is an Indonesian-based company engaged in cement manufacturing. Its product portfolio includes Ordinary Portland Cement (OPC) Type II, Ordinary Portland Cement (OPC) Type V, and Ordinary Portland Cement (OPC) Type I. The company's geographical segment includes South Sumatra, Lampung, Jambi, and Jakarta. It generates maximum revenue from the South Sumatra region. The company generates the majority of its revenue from the sale of cement products.
72GF Score

Get the complete analysis for ISX:SMBR

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

Rp170.00
Price
Rp274.93
GF Value