PT Makmur Berkah Amanda Tbk (ISX:AMAN) Debt-to-Equity: 0.37 (As of Jun. 2026) — 95% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

ISX:AMAN PT Makmur Berkah Amanda Tbk ISX:AMAN
80 GF Score
Price Rp226.00
GF Value Rp155.89
Valuation Significantly Overvalued
! 5 Warning Signs
View Full Analysis

What is PT Makmur Berkah Amanda Tbk Debt-to-Equity?

PT Makmur Berkah Amanda Tbk ISX:AMAN 80 Debt-to-Equity is 0.37 as of Jun. 2026, which is 95% above its 10-year median of 0.19. GuruFocus rates ISX:AMAN with a GF Score™ of 80/100 and a GF Value™ of Rp155.89 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 1,545 Real Estate companies, PT Makmur Berkah Amanda Tbk ranks better than 68.22% on this metric.

PT Makmur Berkah Amanda Tbk's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was Rp38,320 Mil. PT Makmur Berkah Amanda Tbk's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was Rp273,341 Mil. PT Makmur Berkah Amanda Tbk's Total Stockholders Equity for the quarter that ended in Jun. 2026 was Rp849,766 Mil. PT Makmur Berkah Amanda 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 Makmur Berkah Amanda Tbk's Debt-to-Equity or its related term are showing as below:

ISX:AMAN' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.1   Med: 0.19   Max: 0.43
Current: 0.37

During the past 7 years, the highest Debt-to-Equity Ratio of PT Makmur Berkah Amanda Tbk was 0.43. The lowest was 0.10. And the median was 0.19.

ISX:AMAN's Debt-to-Equity is ranked better than
68.22% of 1545 companies
in the Real Estate industry
Industry Median: 0.74 vs ISX:AMAN: 0.37

PT Makmur Berkah Amanda Tbk  (ISX:AMAN) 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 Makmur Berkah Amanda Tbk Debt-to-Equity Related Terms


PT Makmur Berkah Amanda Tbk Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for PT Makmur Berkah Amanda 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 Makmur Berkah Amanda Tbk Debt-to-Equity Chart

PT Makmur Berkah Amanda Tbk Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Debt-to-Equity
Get a 7-Day Free Trial 0.17 0.23 0.21 0.32 0.43

PT Makmur Berkah Amanda 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 0.43 0.43 0.43 0.40 0.37

PT Makmur Berkah Amanda Tbk Debt-to-Equity Competitor Comparison

For the Real Estate - Development subindustry, PT Makmur Berkah Amanda 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 Makmur Berkah Amanda Tbk Debt-to-Equity vs Real Estate Industry

For the Real Estate industry and Real Estate sector, PT Makmur Berkah Amanda Tbk's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where PT Makmur Berkah Amanda Tbk's Debt-to-Equity falls into.


ISX:AMAN
80GF Score
PT Makmur Berkah Amanda Tbk ISX:AMAN
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

PT Makmur Berkah Amanda Tbk Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

PT Makmur Berkah Amanda Tbk's Debt to Equity Ratio for the fiscal year that ended in Dec. 2025 is calculated as

PT Makmur Berkah Amanda 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 Makmur Berkah Amanda Tbk (ISX:AMAN) 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 Makmur Berkah Amanda Tbk and its competitors. This is 95% above median its historical median of 0.19. Over the past decade, PT Makmur Berkah Amanda Tbk's Debt-to-Equity has ranged from 0.10 to 0.43. According to the industry distribution chart, PT Makmur Berkah Amanda Tbk ranks #491 out of 1545 companies in the Real Estate industry, placing it in the top 31.8%.
Is PT Makmur Berkah Amanda Tbk's Debt-to-Equity too high?
PT Makmur Berkah Amanda Tbk's current Debt-to-Equity of 0.37 is 95% above median its 10-year median of 0.19. Over the past 10 years, this metric has ranged from a low of 0.10 to a high of 0.43. The Real Estate industry median Debt-to-Equity is 0.74. PT Makmur Berkah Amanda Tbk's value of 0.37 is 50% below this industry median. Based on the distribution chart, PT Makmur Berkah Amanda Tbk ranks #491 out of 1545 companies in the Real Estate industry, which is above the industry midpoint. Overall, PT Makmur Berkah Amanda Tbk has a GF Score™ of 80/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does PT Makmur Berkah Amanda Tbk's Debt-to-Equity compare to competitors?
According to the Real Estate industry distribution chart, PT Makmur Berkah Amanda Tbk ranks #491 out of 1545 companies for Debt-to-Equity. This puts PT Makmur Berkah Amanda Tbk in the upper half of its industry. The industry median Debt-to-Equity is 0.74. PT Makmur Berkah Amanda Tbk's value of 0.37 is 50% below this benchmark. Historically, PT Makmur Berkah Amanda Tbk's own Debt-to-Equity has ranged from 0.10 to 0.43 over the past decade. While the company's 10-year median is 0.19 vs. the industry median of 0.74, PT Makmur Berkah Amanda 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 a Real Estate company?
The median Debt-to-Equity among Real Estate companies is 0.74, based on 1,545 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 Makmur Berkah Amanda Tbk's current Debt-to-Equity of 0.37 is 50% 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 Makmur Berkah Amanda Tbk and its competitors. For the Real Estate industry, the median Debt-to-Equity is 0.74 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT Makmur Berkah Amanda Tbk's current Debt-to-Equity is 0.37, which is 95% above median its own 10-year median of 0.19. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Makmur Berkah Amanda Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Makmur Berkah Amanda Tbk (ISX:AMAN) is currently considered Significantly Overvalued. The stock's GF Value™ is Rp155.89, compared to a current price of Rp226.00 — trading 45% above its estimated fair value. The current Debt-to-Equity is 0.37, which is 95% above median its 10-year median of 0.19 and 50% below the Real Estate industry median of 0.74. PT Makmur Berkah Amanda Tbk's overall GF Score™ is 80/100 with 5 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 Makmur Berkah Amanda Tbk (ISX:AMAN), 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 Makmur Berkah Amanda Tbk (ISX:AMAN) Overvalued in 2026?

Based on GuruFocus' analysis, PT Makmur Berkah Amanda Tbk stock appears to be overvalued. The current stock price of Rp226.00 is trading 45% above its estimated GF Value™ of Rp155.89. GuruFocus considers PT Makmur Berkah Amanda Tbk to be Significantly Overvalued.

Key valuation signals for ISX:AMAN:

  • Debt-to-Equity: 0.37 (95% above median its 10-year median of 0.19)
  • GF Value™: Rp155.89 vs. price of Rp226.00 (45% above fair value)
  • GF Score™: 80/100 with 5 warning signs
  • Industry Position: 50% below the Real Estate median (#491 of 1545)

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


PT Makmur Berkah Amanda Tbk Business Description

Address Jalan S. Parman Kav 28, APL Tower OT/35/T5 Podomoro City, Tanjung Duren Selatan, West Jakarta, Jakarta, IDN, 11470
PT Makmur Berkah Amanda Tbk is a property developer in Indonesia. The company's main business activities include construction, wholesale trade, warehousing, and real estate. The company's portfolio includes residential, commercial, warehouse, and industrial complexes. Its properties in residential consist of Golf Dawn Image, in commercial consist of Element By Westin Hotel, Bali; and in warehouse consist of Safe N Lock. It operates in three segments, which include finished warehouse, rental, and hospitality. The majority of its revenue is derived from the Rental segment.
80GF Score

Get the complete analysis for ISX:AMAN

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

Rp226.00
Price
Rp155.89
GF Value