PT Pertamina Geothermal Energy Tbk (FRA:NJ9) Debt-to-Equity: 0.37 (As of Jun. 2026) — Near Median

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FRA:NJ9 PT Pertamina Geothermal Energy Tbk FRA:NJ9
87 GF Score
Price €0.05
GF Value €0.06
Valuation Modestly Undervalued
! 2 Warning Signs
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What is PT Pertamina Geothermal Energy Tbk Debt-to-Equity?

PT Pertamina Geothermal Energy Tbk FRA:NJ9 87 Debt-to-Equity is 0.37 as of Jun. 2026, which is 3% below its 10-year median of 0.38. GuruFocus rates FRA:NJ9 with a GF Score™ of 87/100 and a GF Value™ of €0.06 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 398 Utilities - Independent Power Producers companies, PT Pertamina Geothermal Energy Tbk ranks better than 71.86% on this metric.

PT Pertamina Geothermal Energy Tbk's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was €15.2 Mil. PT Pertamina Geothermal Energy Tbk's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was €628.2 Mil. PT Pertamina Geothermal Energy Tbk's Total Stockholders Equity for the quarter that ended in Jun. 2026 was €1,741.3 Mil. PT Pertamina Geothermal Energy Tbk's debt to equity for the quarter that ended in Jun. 2026 was 0.37.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for PT Pertamina Geothermal Energy Tbk's Debt-to-Equity or its related term are showing as below:

FRA:NJ9' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.36   Med: 0.38   Max: 1.26
Current: 0.37

During the past 7 years, the highest Debt-to-Equity Ratio of PT Pertamina Geothermal Energy Tbk was 1.26. The lowest was 0.36. And the median was 0.38.

FRA:NJ9's Debt-to-Equity is ranked better than
71.86% of 398 companies
in the Utilities - Independent Power Producers industry
Industry Median: 0.84 vs FRA:NJ9: 0.37

PT Pertamina Geothermal Energy Tbk  (FRA:NJ9) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.


Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.


PT Pertamina Geothermal Energy Tbk Debt-to-Equity Related Terms


PT Pertamina Geothermal Energy Tbk Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for PT Pertamina Geothermal Energy Tbk's Debt-to-Equity 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 Pertamina Geothermal Energy Tbk Debt-to-Equity Chart

PT Pertamina Geothermal Energy Tbk Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Debt-to-Equity
Get a 7-Day Free Trial 0.78 0.75 0.37 0.37 0.37

PT Pertamina Geothermal Energy 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-Equity 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 0.40 0.38 0.37 0.36 0.37

PT Pertamina Geothermal Energy Tbk Debt-to-Equity Competitor Comparison

For the Utilities - Renewable subindustry, PT Pertamina Geothermal Energy Tbk's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity 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 Pertamina Geothermal Energy Tbk Debt-to-Equity vs Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, PT Pertamina Geothermal Energy Tbk's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where PT Pertamina Geothermal Energy Tbk's Debt-to-Equity falls into.


FRA:NJ9
87GF Score
PT Pertamina Geothermal Energy Tbk FRA:NJ9
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
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PT Pertamina Geothermal Energy Tbk Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

PT Pertamina Geothermal Energy Tbk's Debt to Equity Ratio for the fiscal year that ended in Dec. 2025 is calculated as

PT Pertamina Geothermal Energy Tbk's Debt to Equity Ratio for the quarter that ended in Jun. 2026 is calculated as

* 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.

Frequently Asked Questions Learn more about Debt-to-Equity →
What does a Debt-to-Equity of 0.37 mean?
PT Pertamina Geothermal Energy Tbk (FRA:NJ9) has a Debt-to-Equity of 0.37 as of Jun. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on PT Pertamina Geothermal Energy Tbk and its competitors. This is near median its historical median of 0.38. Over the past decade, PT Pertamina Geothermal Energy Tbk's Debt-to-Equity has ranged from 0.36 to 1.26. According to the industry distribution chart, PT Pertamina Geothermal Energy Tbk ranks #112 out of 398 companies in the Utilities - Independent Power Producers industry, placing it in the top 28.1%.
Is PT Pertamina Geothermal Energy Tbk's Debt-to-Equity too high?
PT Pertamina Geothermal Energy Tbk's current Debt-to-Equity of 0.37 is near median its 10-year median of 0.38. Over the past 10 years, this metric has ranged from a low of 0.36 to a high of 1.26. The Utilities - Independent Power Producers industry median Debt-to-Equity is 0.84. PT Pertamina Geothermal Energy Tbk's value of 0.37 is 56% below this industry median. Based on the distribution chart, PT Pertamina Geothermal Energy Tbk ranks #112 out of 398 companies in the Utilities - Independent Power Producers industry, which is above the industry midpoint. Overall, PT Pertamina Geothermal Energy Tbk has a GF Score™ of 87/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does PT Pertamina Geothermal Energy Tbk's Debt-to-Equity compare to competitors?
According to the Utilities - Independent Power Producers industry distribution chart, PT Pertamina Geothermal Energy Tbk ranks #112 out of 398 companies for Debt-to-Equity. This puts PT Pertamina Geothermal Energy Tbk in the upper half of its industry. The industry median Debt-to-Equity is 0.84. PT Pertamina Geothermal Energy Tbk's value of 0.37 is 56% below this benchmark. Historically, PT Pertamina Geothermal Energy Tbk's own Debt-to-Equity has ranged from 0.36 to 1.26 over the past decade. While the company's 10-year median is 0.38 vs. the industry median of 0.84, PT Pertamina Geothermal Energy 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-Equity for an Utilities - Independent Power Producers company?
The median Debt-to-Equity among Utilities - Independent Power Producers companies is 0.84, based on 398 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. PT Pertamina Geothermal Energy Tbk's current Debt-to-Equity of 0.37 is 56% 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-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on PT Pertamina Geothermal Energy Tbk and its competitors. For the Utilities - Independent Power Producers industry, the median Debt-to-Equity is 0.84 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT Pertamina Geothermal Energy Tbk's current Debt-to-Equity is 0.37, which is near median its own 10-year median of 0.38. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Pertamina Geothermal Energy Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Pertamina Geothermal Energy Tbk (FRA:NJ9) is currently considered Modestly Undervalued. The stock's GF Value™ is €0.06, compared to a current price of €0.05 — trading 23.3% below its estimated fair value. The current Debt-to-Equity is 0.37, which is near median its 10-year median of 0.38 and 56% below the Utilities - Independent Power Producers industry median of 0.84. PT Pertamina Geothermal Energy Tbk's overall GF Score™ is 87/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For PT Pertamina Geothermal Energy Tbk (FRA:NJ9), the current Debt-to-Equity is 0.37 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 Pertamina Geothermal Energy Tbk (FRA:NJ9) Overvalued in 2026?

Based on GuruFocus' analysis, PT Pertamina Geothermal Energy Tbk stock appears to be undervalued. The current stock price of €0.05 is trading 23.3% below its estimated GF Value™ of €0.06. GuruFocus considers PT Pertamina Geothermal Energy Tbk to be Modestly Undervalued.

Key valuation signals for FRA:NJ9:

  • Debt-to-Equity: 0.37 (near median its 10-year median of 0.38)
  • GF Value™: €0.06 vs. price of €0.05 (23.3% below fair value)
  • GF Score™: 87/100 with 2 warning signs
  • Industry Position: 56% below the Utilities - Independent Power Producers median (#112 of 398)

No single metric tells the full story. See the FRA:NJ9 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


PT Pertamina Geothermal Energy Tbk Business Description

Other Exchanges PGEO:Indonesia
Address Jalan Medan Merdeka Timur No. 11-13, No. 11-13 , Grha Pertamina - Tower Pertamax, 7th Floor, Gambir, Jakarta Pusat, Jakarta, IDN, 10110
PT Pertamina Geothermal Energy Tbk is involved in the geothermal sector from the upstream and/or downstream sides, both at home and abroad, as well as other business activities related to or supporting activities in the geothermal sector. Its key business activities include geothermal exploration and drilling, including in forest areas, and other activities related to geothermal energy exploitation up to its place of utilization; and producing electricity through various renewable and non-renewable energy sources. The company mainly generates revenue from the production and commercialization of geothermal steam and electricity. It operates in two segments: Own operations, which generate maximum revenue, and Joint Operating Contracts with PLN.
87GF Score

Get the complete analysis for FRA:NJ9

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

€0.05
Price
€0.06
GF Value