PT Indah Kiat Pulp & Paper TbkPIKQF 96 Debt-to-EBITDA is 4.86 as of Mar. 2026, which is 12% below its 10-year median of 5.51. GuruFocus rates PIKQF with a GF Score™ of 96/100 and a GF Value™ of $0.68. The stock has 4 warning signs investors should review. Among 209 Forest Products companies, PT Indah Kiat Pulp & Paper Tbk ranks worse than 69.86% on this metric.
Debt-to-EBITDA measures a company's ability to pay off its debt.
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 Indah Kiat Pulp & Paper Tbk's Debt-to-EBITDA or its related term are showing as below:
PIKQF'
s Debt-to-EBITDA Range Over the Past 10 Years
Min: 2.57 Med: 5.51 Max: 13.65
Current: 5.62
During the past 13 years, the highest Debt-to-EBITDA Ratio of PT Indah Kiat Pulp & Paper Tbk was 13.65. The lowest was 2.57. And the median was 5.51.
PIKQF's Debt-to-EBITDA is ranked worse than 69.86% of 209
companies
in the Forest Products industry
Industry Median: 3.32
vs PIKQF: 5.62
PT Indah Kiat Pulp & Paper Tbk (OTCPK:PIKQF) Debt-to-EBITDA Explanation
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 Indah Kiat Pulp & Paper Tbk Debt-to-EBITDA Related Terms
PT Indah Kiat Pulp & Paper Tbk Debt-to-EBITDA Historical Data
* 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 Indah Kiat Pulp & Paper Tbk Debt-to-EBITDA Chart
For the Paper & Paper Products subindustry, PT Indah Kiat Pulp & Paper 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 Indah Kiat Pulp & Paper Tbk Debt-to-EBITDA vs Forest Products Industry
For the Forest Products industry and Basic Materials sector, PT Indah Kiat Pulp & Paper Tbk's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where PT Indah Kiat Pulp & Paper Tbk's Debt-to-EBITDA falls into.
* 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.
PT Indah Kiat Pulp & Paper Tbk (PIKQF) has a Debt-to-EBITDA of 4.86 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 Indah Kiat Pulp & Paper Tbk. This is 12% below median its historical median of 5.51. Over the past decade, PT Indah Kiat Pulp & Paper Tbk's Debt-to-EBITDA has ranged from 2.57 to 13.65. According to the industry distribution chart, PT Indah Kiat Pulp & Paper Tbk ranks #146 out of 209 companies in the Forest Products industry, placing it in the top 69.9%.
Is PT Indah Kiat Pulp & Paper Tbk's Debt-to-EBITDA too high?
PT Indah Kiat Pulp & Paper Tbk's current Debt-to-EBITDA of 4.86 is 12% below median its 10-year median of 5.51. Over the past 10 years, this metric has ranged from a low of 2.57 to a high of 13.65. The Forest Products industry median Debt-to-EBITDA is 3.32. PT Indah Kiat Pulp & Paper Tbk's value of 4.86 is 46.4% above this industry median. Based on the distribution chart, PT Indah Kiat Pulp & Paper Tbk ranks #146 out of 209 companies in the Forest Products industry, which is below the industry midpoint. Overall, PT Indah Kiat Pulp & Paper Tbk has a GF Score™ of 96/100, reflecting its overall financial health beyond just this single metric.
How does PT Indah Kiat Pulp & Paper Tbk's Debt-to-EBITDA compare to SLVM?
According to the Forest Products industry distribution chart, PT Indah Kiat Pulp & Paper Tbk ranks #146 out of 209 companies for Debt-to-EBITDA. This places PT Indah Kiat Pulp & Paper Tbk in the lower half of its industry. The industry median Debt-to-EBITDA is 3.32. PT Indah Kiat Pulp & Paper Tbk's value of 4.86 is 46.4% above this benchmark. Historically, PT Indah Kiat Pulp & Paper Tbk's own Debt-to-EBITDA has ranged from 2.57 to 13.65 over the past decade. While the company's 10-year median is 5.51 vs. the industry median of 3.32, PT Indah Kiat Pulp & Paper 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 3.32, based on 209 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 Indah Kiat Pulp & Paper Tbk's current Debt-to-EBITDA of 4.86 is 46.4% 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 Indah Kiat Pulp & Paper Tbk. For the Forest Products industry, the median Debt-to-EBITDA is 3.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT Indah Kiat Pulp & Paper Tbk's current Debt-to-EBITDA is 4.86, which is 12% below median its own 10-year median of 5.51. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Indah Kiat Pulp & Paper Tbk stock overvalued right now?
PT Indah Kiat Pulp & Paper Tbk (PIKQF) has a current Debt-to-EBITDA of 4.86. The stock's GF Value™ is $0.68, compared to a current price of $0.53 — trading 22% below its estimated fair value. The current Debt-to-EBITDA is 4.86, which is 12% below median its 10-year median of 5.51 and 46.4% above the Forest Products industry median of 3.32. PT Indah Kiat Pulp & Paper Tbk's overall GF Score™ is 96/100 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 Indah Kiat Pulp & Paper Tbk (PIKQF), the current Debt-to-EBITDA is 4.86 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 Indah Kiat Pulp & Paper Tbk (PIKQF) Overvalued in 2026?
Based on GuruFocus' analysis, PT Indah Kiat Pulp & Paper Tbk stock appears to be undervalued.
The current stock price of $0.53 is trading 22% below its estimated GF Value™ of $0.68.
Key valuation signals for PIKQF:
Debt-to-EBITDA: 4.86 (12% below median its 10-year median of 5.51)
GF Value™: $0.68 vs. price of $0.53 (22% below fair value)
Industry Position: 46.4% above the Forest Products median (#146 of 209)
No single metric tells the full story. See the PIKQF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
PT Indah Kiat Pulp & Paper Tbk Business Description
PT Indah Kiat Pulp & Paper Tbk manufactures paper, pulp, and packaging paper. The company's operating segments are: cultural paper and pulp, which derives maximum revenue; and industrial paper and tissue products. Its cultural paper and pulp products segment consists of cultural paper and other related cultural paper products and pulp. The industrial paper and tissue products segment consists of linerboard, corrugating medium, corrugated shipping containers, and boxboard. Geographically, the company generates maximum revenue from Indonesia, and the rest from Asia, Europe, America, the Middle East, Africa, and Australia.
96GF Score
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