PT Cemindo Gemilang Tbk (ISX:CMNT) Debt-to-Equity: 4.03 (As of Jun. 2026) — 38% Above Median

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ISX:CMNT PT Cemindo Gemilang Tbk ISX:CMNT
75 GF Score
Price Rp740.00
GF Value Rp916.38
Valuation Modestly Undervalued
! 6 Warning Signs
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What is PT Cemindo Gemilang Tbk Debt-to-Equity?

PT Cemindo Gemilang Tbk ISX:CMNT -0.67% 75 Debt-to-Equity is 4.03 as of Jun. 2026, which is 38% above its 10-year median of 2.92. GuruFocus rates ISX:CMNT with a GF Score™ of 75/100 and a GF Value™ of Rp916.38 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 377 Building Materials companies, PT Cemindo Gemilang Tbk ranks worse than 98.67% on this metric.

PT Cemindo Gemilang Tbk's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was Rp2,766,133 Mil. PT Cemindo Gemilang Tbk's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was Rp6,326,683 Mil. PT Cemindo Gemilang Tbk's Total Stockholders Equity for the quarter that ended in Jun. 2026 was Rp2,256,999 Mil. PT Cemindo Gemilang Tbk's debt to equity for the quarter that ended in Jun. 2026 was 4.03.

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 Cemindo Gemilang Tbk's Debt-to-Equity or its related term are showing as below:

ISX:CMNT' s Debt-to-Equity Range Over the Past 10 Years
Min: 2.32   Med: 2.92   Max: 4.03
Current: 4.03

During the past 8 years, the highest Debt-to-Equity Ratio of PT Cemindo Gemilang Tbk was 4.03. The lowest was 2.32. And the median was 2.92.

ISX:CMNT's Debt-to-Equity is ranked worse than
98.67% of 377 companies
in the Building Materials industry
Industry Median: 0.35 vs ISX:CMNT: 4.03

PT Cemindo Gemilang Tbk  (ISX:CMNT) 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 Cemindo Gemilang Tbk Debt-to-Equity Related Terms


PT Cemindo Gemilang Tbk Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for PT Cemindo Gemilang 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 Cemindo Gemilang Tbk Debt-to-Equity Chart

PT Cemindo Gemilang Tbk Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Debt-to-Equity
Get a 7-Day Free Trial 2.67 3.02 2.63 3.12 3.43

PT Cemindo Gemilang 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 3.34 3.43 3.43 3.56 4.03

ISX:CMNT vs CRH, MLM, VMC: Debt-to-Equity Comparison

For the Building Materials subindustry, PT Cemindo Gemilang 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 Cemindo Gemilang Tbk Debt-to-Equity vs Building Materials Industry

For the Building Materials industry and Basic Materials sector, PT Cemindo Gemilang Tbk's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where PT Cemindo Gemilang Tbk's Debt-to-Equity falls into.


ISX:CMNT
75GF Score
PT Cemindo Gemilang Tbk ISX:CMNT
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
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PT Cemindo Gemilang Tbk Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

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

PT Cemindo Gemilang 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 4.03 mean?
PT Cemindo Gemilang Tbk (ISX:CMNT) has a Debt-to-Equity of 4.03 as of Jun. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on PT Cemindo Gemilang Tbk and its competitors. This is 38% above median its historical median of 2.92. Over the past decade, PT Cemindo Gemilang Tbk's Debt-to-Equity has ranged from 2.32 to 4.03. According to the industry distribution chart, PT Cemindo Gemilang Tbk ranks #372 out of 377 companies in the Building Materials industry, placing it in the top 98.7%.
Is PT Cemindo Gemilang Tbk's Debt-to-Equity too high?
PT Cemindo Gemilang Tbk's current Debt-to-Equity of 4.03 is 38% above median its 10-year median of 2.92. Over the past 10 years, this metric has ranged from a low of 2.32 to a high of 4.03. The Building Materials industry median Debt-to-Equity is 0.35. PT Cemindo Gemilang Tbk's value of 4.03 is 1051.4% above this industry median. Based on the distribution chart, PT Cemindo Gemilang Tbk ranks #372 out of 377 companies in the Building Materials industry, which is in the bottom quartile relative to peers. Overall, PT Cemindo Gemilang Tbk has a GF Score™ of 75/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does PT Cemindo Gemilang Tbk's Debt-to-Equity compare to CRH and MLM?
According to the Building Materials industry distribution chart, PT Cemindo Gemilang Tbk ranks #372 out of 377 companies for Debt-to-Equity. This places PT Cemindo Gemilang Tbk in the lower half of its industry. The industry median Debt-to-Equity is 0.35. PT Cemindo Gemilang Tbk's value of 4.03 is 1051.4% above this benchmark. Historically, PT Cemindo Gemilang Tbk's own Debt-to-Equity has ranged from 2.32 to 4.03 over the past decade. While the company's 10-year median is 2.92 vs. the industry median of 0.35, PT Cemindo Gemilang 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-Equity for a Building Materials company?
The median Debt-to-Equity among Building Materials companies is 0.35, based on 377 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 Cemindo Gemilang Tbk's current Debt-to-Equity of 4.03 is 1051.4% 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-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 Cemindo Gemilang Tbk and its competitors. For the Building Materials industry, the median Debt-to-Equity is 0.35 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT Cemindo Gemilang Tbk's current Debt-to-Equity is 4.03, which is 38% above median its own 10-year median of 2.92. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Cemindo Gemilang Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Cemindo Gemilang Tbk (ISX:CMNT) is currently considered Modestly Undervalued. The stock's GF Value™ is Rp916.38, compared to a current price of Rp740.00 — trading 19.2% below its estimated fair value. The current Debt-to-Equity is 4.03, which is 38% above median its 10-year median of 2.92 and 1051.4% above the Building Materials industry median of 0.35. PT Cemindo Gemilang Tbk's overall GF Score™ is 75/100 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-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For PT Cemindo Gemilang Tbk (ISX:CMNT), the current Debt-to-Equity is 4.03 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 Cemindo Gemilang Tbk (ISX:CMNT) Overvalued in 2026?

Based on GuruFocus' analysis, PT Cemindo Gemilang Tbk stock appears to be undervalued. The current stock price of Rp740.00 is trading 19.2% below its estimated GF Value™ of Rp916.38. GuruFocus considers PT Cemindo Gemilang Tbk to be Modestly Undervalued.

Key valuation signals for ISX:CMNT:

  • Debt-to-Equity: 4.03 (38% above median its 10-year median of 2.92)
  • GF Value™: Rp916.38 vs. price of Rp740.00 (19.2% below fair value)
  • GF Score™: 75/100 with 6 warning signs
  • Industry Position: 1051.4% above the Building Materials median (#372 of 377)

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


PT Cemindo Gemilang Tbk Business Description

Address Jalan H.R. Rasuna Said Kav. C22, Gama Tower Lantai 43, Kel. Karet Kuningan, Kec. Setiabudi Jakarta Selatan, Jakarta, IDN, 12940
PT Cemindo Gemilang Tbk is an integrated cement company predominantly engaged in the manufacturing, marketing, and distribution of cement and clinker products. Its products are offered in Indonesia under the brand of Semen Merah Putih, and also in Vietnam under the brand of Chinfon Cement. Other than Indonesia and Vietnam, its cement is also exported to Australia, Philippines, Tahiti, Bangladesh, Sri Lanka, China, and Madagascar. The company conducts business activities in three operating segments: Cement and clinker, which derive maximum revenue, Concrete products, and Others. Geographically, it generates maximum revenue from Indonesia.
75GF Score

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

Rp740.00
Price
Rp916.38
GF Value