PT Calculus Global Ventures Tbk (ISX:STAR) Debt-to-EBITDA : 0.05 (As of Mar. 2026) — 71% Below Median

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ISX:STAR PT Calculus Global Ventures Tbk ISX:STAR
59 GF Score
Price Rp282.00
GF Value Rp112.18
Valuation Significantly Overvalued
! 1 Warning Sign
View Full Analysis

What is PT Calculus Global Ventures Tbk Debt-to-EBITDA?

PT Calculus Global Ventures Tbk ISX:STAR -0.70% 59 Debt-to-EBITDA is 0.05 as of Mar. 2026, which is 71% below its 10-year median of 0.17. GuruFocus rates ISX:STAR with a GF Score™ of 59/100 and a GF Value™ of Rp112.18 (Significantly Overvalued). The stock has 1 warning sign investors should review. Among 385 Asset Management companies, PT Calculus Global Ventures Tbk ranks better than 94.29% on this metric.

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

PT Calculus Global Ventures Tbk's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was Rp526 Mil. PT Calculus Global Ventures Tbk's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was Rp388 Mil. PT Calculus Global Ventures Tbk's annualized EBITDA for the quarter that ended in Mar. 2026 was Rp20,506 Mil. PT Calculus Global Ventures Tbk's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2026 was 0.04.

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

ISX:STAR' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.03   Med: 0.17   Max: 6.62
Current: 0.03

During the past 13 years, the highest Debt-to-EBITDA Ratio of PT Calculus Global Ventures Tbk was 6.62. The lowest was 0.03. And the median was 0.17.

ISX:STAR's Debt-to-EBITDA is ranked better than
94.29% of 385 companies
in the Asset Management industry
Industry Median: 1.39 vs ISX:STAR: 0.03

PT Calculus Global Ventures Tbk  (ISX:STAR) 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 Calculus Global Ventures Tbk Debt-to-EBITDA Related Terms


PT Calculus Global Ventures Tbk Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for PT Calculus Global Ventures 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 Calculus Global Ventures Tbk Debt-to-EBITDA Chart

PT Calculus Global Ventures 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 0.07 0.14 0.19 0.15 0.04

PT Calculus Global Ventures 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 0.04 2.26 2.17 0.02 0.05

ISX:STAR vs BLK, BX, KKR: Debt-to-EBITDA Comparison

For the Asset Management subindustry, PT Calculus Global Ventures 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 Calculus Global Ventures Tbk Debt-to-EBITDA vs Asset Management Industry

For the Asset Management industry and Financial Services sector, PT Calculus Global Ventures Tbk's Debt-to-EBITDA distribution charts can be found below:

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


ISX:STAR
59GF Score
PT Calculus Global Ventures Tbk ISX:STAR
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

PT Calculus Global Ventures Tbk Debt-to-EBITDA Calculation

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

PT Calculus Global Ventures 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
=(511.523 + 526.124) / 24910.009
=0.04

PT Calculus Global Ventures 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
=(526.124 + 387.83) / 20505.948
=0.04

* 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 0.05 mean?
PT Calculus Global Ventures Tbk (ISX:STAR) has a Debt-to-EBITDA of 0.05 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 Calculus Global Ventures Tbk. This is 71% below median its historical median of 0.17. Over the past decade, PT Calculus Global Ventures Tbk's Debt-to-EBITDA has ranged from 0.03 to 6.62. According to the industry distribution chart, PT Calculus Global Ventures Tbk ranks #22 out of 385 companies in the Asset Management industry, placing it in the top 5.7%.
Is PT Calculus Global Ventures Tbk's Debt-to-EBITDA too high?
PT Calculus Global Ventures Tbk's current Debt-to-EBITDA of 0.05 is 71% below median its 10-year median of 0.17. Over the past 10 years, this metric has ranged from a low of 0.03 to a high of 6.62. The Asset Management industry median Debt-to-EBITDA is 1.39. PT Calculus Global Ventures Tbk's value of 0.05 is 96.4% below this industry median. Based on the distribution chart, PT Calculus Global Ventures Tbk ranks #22 out of 385 companies in the Asset Management industry, which is in the top quartile — a strong position relative to peers. Overall, PT Calculus Global Ventures Tbk has a GF Score™ of 59/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does PT Calculus Global Ventures Tbk's Debt-to-EBITDA compare to BLK and BX?
According to the Asset Management industry distribution chart, PT Calculus Global Ventures Tbk ranks #22 out of 385 companies for Debt-to-EBITDA. This places PT Calculus Global Ventures Tbk in the top 6% of its industry — outperforming the majority of peers. The industry median Debt-to-EBITDA is 1.39. PT Calculus Global Ventures Tbk's value of 0.05 is 96.4% below this benchmark. Historically, PT Calculus Global Ventures Tbk's own Debt-to-EBITDA has ranged from 0.03 to 6.62 over the past decade. While the company's 10-year median is 0.17 vs. the industry median of 1.39, PT Calculus Global Ventures 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 an Asset Management company?
The median Debt-to-EBITDA among Asset Management companies is 1.39, based on 385 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 Calculus Global Ventures Tbk's current Debt-to-EBITDA of 0.05 is 96.4% 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 Calculus Global Ventures Tbk. For the Asset Management industry, the median Debt-to-EBITDA is 1.39 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT Calculus Global Ventures Tbk's current Debt-to-EBITDA is 0.05, which is 71% below median its own 10-year median of 0.17. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Calculus Global Ventures Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Calculus Global Ventures Tbk (ISX:STAR) is currently considered Significantly Overvalued. The stock's GF Value™ is Rp112.18, compared to a current price of Rp282.00 — trading 151.4% above its estimated fair value. The current Debt-to-EBITDA is 0.05, which is 71% below median its 10-year median of 0.17 and 96.4% below the Asset Management industry median of 1.39. PT Calculus Global Ventures Tbk's overall GF Score™ is 59/100 with 1 warning sign 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 Calculus Global Ventures Tbk (ISX:STAR), the current Debt-to-EBITDA is 0.05 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 Calculus Global Ventures Tbk (ISX:STAR) Overvalued in 2026?

Based on GuruFocus' analysis, PT Calculus Global Ventures Tbk stock appears to be overvalued. The current stock price of Rp282.00 is trading 151.4% above its estimated GF Value™ of Rp112.18. GuruFocus considers PT Calculus Global Ventures Tbk to be Significantly Overvalued.

Key valuation signals for ISX:STAR:

  • Debt-to-EBITDA: 0.05 (71% below median its 10-year median of 0.17)
  • GF Value™: Rp112.18 vs. price of Rp282.00 (151.4% above fair value)
  • GF Score™: 59/100 with 1 warning sign
  • Industry Position: 96.4% below the Asset Management median (#22 of 385)

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


PT Calculus Global Ventures Tbk Business Description

Address Jalan MH. Thamrin Number 1, Menara BCA Lot 45, Grand Indonesia, Jakarta Pusat, Jakarta, IDN, 10310
PT Calculus Global Ventures Tbk, formerly known as PT Buana Artha Anugerah Tbk, operates in the business area of investment management, particularly in asset management. The company is engaged in the management consulting business. The products of the company consist of mutual funds includes including foster equity fund, foster fixed income, and foster money market and management of securities portfolio. The company segments consist of investment management services and others.
59GF Score

Get the complete analysis for ISX:STAR

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

Rp282.00
Price
Rp112.18
GF Value