PT Suparma Tbk (ISX:SPMA) Debt-to-EBITDA : 4.20 (As of Jun. 2026) — 25% Above Median

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ISX:SPMA PT Suparma Tbk ISX:SPMA
80 GF Score
Price Rp163.00
GF Value Rp186.52
Valuation Modestly Undervalued
! 6 Warning Signs
View Full Analysis

What is PT Suparma Tbk Debt-to-EBITDA?

PT Suparma Tbk ISX:SPMA +0.62% 80 Debt-to-EBITDA is 4.20 as of Jun. 2026, which is 25% above its 10-year median of 3.35. GuruFocus rates ISX:SPMA with a GF Score™ of 80/100 and a GF Value™ of Rp186.52 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 210 Forest Products companies, PT Suparma Tbk ranks worse than 60% on this metric.

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

PT Suparma Tbk's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was Rp599,856 Mil. PT Suparma Tbk's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was Rp307,682 Mil. PT Suparma Tbk's annualized EBITDA for the quarter that ended in Jun. 2026 was Rp216,293 Mil. PT Suparma Tbk's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2026 was 4.20.

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

ISX:SPMA' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 1.55   Med: 3.35   Max: 5.32
Current: 5.32

During the past 13 years, the highest Debt-to-EBITDA Ratio of PT Suparma Tbk was 5.32. The lowest was 1.55. And the median was 3.35.

ISX:SPMA's Debt-to-EBITDA is ranked worse than
60% of 210 companies
in the Forest Products industry
Industry Median: 3.225 vs ISX:SPMA: 5.32

PT Suparma Tbk  (ISX:SPMA) 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 Suparma Tbk Debt-to-EBITDA Related Terms


PT Suparma Tbk Debt-to-EBITDA Historical Data

* Premium members only.

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

PT Suparma 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 1.55 1.56 2.29 3.41 3.85

PT Suparma 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 2.79 5.08 2.89 9.00 4.20

ISX:SPMA vs SLVM: Debt-to-EBITDA Comparison

For the Paper & Paper Products subindustry, PT Suparma 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 Suparma Tbk Debt-to-EBITDA vs Forest Products Industry

For the Forest Products industry and Basic Materials sector, PT Suparma Tbk's Debt-to-EBITDA distribution charts can be found below:

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


ISX:SPMA
80GF Score
PT Suparma Tbk ISX:SPMA
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

PT Suparma Tbk Debt-to-EBITDA Calculation

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

PT Suparma 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
=(583290.255 + 129202.376) / 185071.786
=3.85

PT Suparma 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
=(599855.758 + 307682.156) / 216292.932
=4.20

* 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 4.20 mean?
PT Suparma Tbk (ISX:SPMA) has a Debt-to-EBITDA of 4.20 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 Suparma Tbk. This is 25% above median its historical median of 3.35. Over the past decade, PT Suparma Tbk's Debt-to-EBITDA has ranged from 1.55 to 5.32. According to the industry distribution chart, PT Suparma Tbk ranks #126 out of 210 companies in the Forest Products industry, placing it in the top 60%.
Is PT Suparma Tbk's Debt-to-EBITDA too high?
PT Suparma Tbk's current Debt-to-EBITDA of 4.20 is 25% above median its 10-year median of 3.35. Over the past 10 years, this metric has ranged from a low of 1.55 to a high of 5.32. The Forest Products industry median Debt-to-EBITDA is 3.23. PT Suparma Tbk's value of 4.20 is 30.2% above this industry median. Based on the distribution chart, PT Suparma Tbk ranks #126 out of 210 companies in the Forest Products industry, which is below the industry midpoint. Overall, PT Suparma Tbk has a GF Score™ of 80/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does PT Suparma Tbk's Debt-to-EBITDA compare to SLVM?
According to the Forest Products industry distribution chart, PT Suparma Tbk ranks #126 out of 210 companies for Debt-to-EBITDA. This places PT Suparma Tbk in the lower half of its industry. The industry median Debt-to-EBITDA is 3.23. PT Suparma Tbk's value of 4.20 is 30.2% above this benchmark. Historically, PT Suparma Tbk's own Debt-to-EBITDA has ranged from 1.55 to 5.32 over the past decade. While the company's 10-year median is 3.35 vs. the industry median of 3.23, PT Suparma 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 Forest Products company?
The median Debt-to-EBITDA among Forest Products companies is 3.23, based on 210 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 Suparma Tbk's current Debt-to-EBITDA of 4.20 is 30.2% 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 Suparma Tbk. For the Forest Products industry, the median Debt-to-EBITDA is 3.23 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT Suparma Tbk's current Debt-to-EBITDA is 4.20, which is 25% above median its own 10-year median of 3.35. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Suparma Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Suparma Tbk (ISX:SPMA) is currently considered Modestly Undervalued. The stock's GF Value™ is Rp186.52, compared to a current price of Rp163.00 — trading 12.6% below its estimated fair value. The current Debt-to-EBITDA is 4.20, which is 25% above median its 10-year median of 3.35 and 30.2% above the Forest Products industry median of 3.23. PT Suparma Tbk's overall GF Score™ is 80/100 with 6 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 Suparma Tbk (ISX:SPMA), the current Debt-to-EBITDA is 4.20 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 Suparma Tbk (ISX:SPMA) Overvalued in 2026?

Based on GuruFocus' analysis, PT Suparma Tbk stock appears to be undervalued. The current stock price of Rp163.00 is trading 12.6% below its estimated GF Value™ of Rp186.52. GuruFocus considers PT Suparma Tbk to be Modestly Undervalued.

Key valuation signals for ISX:SPMA:

  • Debt-to-EBITDA: 4.20 (25% above median its 10-year median of 3.35)
  • GF Value™: Rp186.52 vs. price of Rp163.00 (12.6% below fair value)
  • GF Score™: 80/100 with 6 warning signs
  • Industry Position: 30.2% above the Forest Products median (#126 of 210)

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


PT Suparma Tbk Business Description

Address Jalan Raya Mastrip, No. 856 Warugunung, Karangpilang, East Java, Surabaya, IDN, 60221
PT Suparma Tbk is an Indonesia-based company that manufactures paper and paper products. The group manufactured paper and paper wrapping products for the industrial and consumer sectors. The firm offers Laminated Wrapping Kraft, Samson Kraft, MG Paper, Coated Duplex Board, Bathroom Tissue, Carrier Tissue, Industrial Roll Towel, Kitchen Towel, and Other products. Geographically, the firm generates the majority of its revenue from the local market.
80GF Score

Get the complete analysis for ISX:SPMA

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

Rp163.00
Price
Rp186.52
GF Value