PT Mandiri Herindo Adiperkasa Tbk (ISX:MAHA) Debt-to-Equity: 0.31 (As of Jun. 2026) — 35% Above Median

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ISX:MAHA PT Mandiri Herindo Adiperkasa Tbk ISX:MAHA
85 GF Score
Price Rp149.00
GF Value Rp237.65
Valuation Significantly Undervalued
! 3 Warning Signs
View Full Analysis

What is PT Mandiri Herindo Adiperkasa Tbk Debt-to-Equity?

PT Mandiri Herindo Adiperkasa Tbk ISX:MAHA +1.36% 85 Debt-to-Equity is 0.31 as of Jun. 2026, which is 35% above its 10-year median of 0.23. GuruFocus rates ISX:MAHA with a GF Score™ of 85/100 and a GF Value™ of Rp237.65 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 911 Transportation companies, PT Mandiri Herindo Adiperkasa Tbk ranks better than 66.08% on this metric.

PT Mandiri Herindo Adiperkasa Tbk's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was Rp264,288 Mil. PT Mandiri Herindo Adiperkasa Tbk's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was Rp294,456 Mil. PT Mandiri Herindo Adiperkasa Tbk's Total Stockholders Equity for the quarter that ended in Jun. 2026 was Rp1,834,142 Mil. PT Mandiri Herindo Adiperkasa Tbk's debt to equity for the quarter that ended in Jun. 2026 was 0.30.

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 Mandiri Herindo Adiperkasa Tbk's Debt-to-Equity or its related term are showing as below:

ISX:MAHA' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.11   Med: 0.23   Max: 0.32
Current: 0.31

During the past 6 years, the highest Debt-to-Equity Ratio of PT Mandiri Herindo Adiperkasa Tbk was 0.32. The lowest was 0.11. And the median was 0.23.

ISX:MAHA's Debt-to-Equity is ranked better than
66.08% of 911 companies
in the Transportation industry
Industry Median: 0.53 vs ISX:MAHA: 0.31

PT Mandiri Herindo Adiperkasa Tbk  (ISX:MAHA) 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 Mandiri Herindo Adiperkasa Tbk Debt-to-Equity Related Terms


PT Mandiri Herindo Adiperkasa Tbk Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for PT Mandiri Herindo Adiperkasa 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 Mandiri Herindo Adiperkasa Tbk Debt-to-Equity Chart

PT Mandiri Herindo Adiperkasa Tbk Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Debt-to-Equity
Get a 7-Day Free Trial 0.18 0.11 0.22 0.20 0.32

PT Mandiri Herindo Adiperkasa Tbk Quarterly Data
Dec20 Dec21 Mar22 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 0.29 0.27 0.32 0.29 0.31

ISX:MAHA vs ODFL, XPO, KNX: Debt-to-Equity Comparison

For the Trucking subindustry, PT Mandiri Herindo Adiperkasa 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 Mandiri Herindo Adiperkasa Tbk Debt-to-Equity vs Transportation Industry

For the Transportation industry and Industrials sector, PT Mandiri Herindo Adiperkasa Tbk's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where PT Mandiri Herindo Adiperkasa Tbk's Debt-to-Equity falls into.


ISX:MAHA
85GF Score
PT Mandiri Herindo Adiperkasa Tbk ISX:MAHA
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

PT Mandiri Herindo Adiperkasa Tbk Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

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

PT Mandiri Herindo Adiperkasa 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 0.31 mean?
PT Mandiri Herindo Adiperkasa Tbk (ISX:MAHA) has a Debt-to-Equity of 0.31 as of Jun. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on PT Mandiri Herindo Adiperkasa Tbk and its competitors. This is 35% above median its historical median of 0.23. Over the past decade, PT Mandiri Herindo Adiperkasa Tbk's Debt-to-Equity has ranged from 0.11 to 0.32. According to the industry distribution chart, PT Mandiri Herindo Adiperkasa Tbk ranks #309 out of 911 companies in the Transportation industry, placing it in the top 33.9%.
Is PT Mandiri Herindo Adiperkasa Tbk's Debt-to-Equity too high?
PT Mandiri Herindo Adiperkasa Tbk's current Debt-to-Equity of 0.31 is 35% above median its 10-year median of 0.23. Over the past 10 years, this metric has ranged from a low of 0.11 to a high of 0.32. The Transportation industry median Debt-to-Equity is 0.53. PT Mandiri Herindo Adiperkasa Tbk's value of 0.31 is 41.5% below this industry median. Based on the distribution chart, PT Mandiri Herindo Adiperkasa Tbk ranks #309 out of 911 companies in the Transportation industry, which is above the industry midpoint. Overall, PT Mandiri Herindo Adiperkasa Tbk has a GF Score™ of 85/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does PT Mandiri Herindo Adiperkasa Tbk's Debt-to-Equity compare to ODFL and XPO?
According to the Transportation industry distribution chart, PT Mandiri Herindo Adiperkasa Tbk ranks #309 out of 911 companies for Debt-to-Equity. This puts PT Mandiri Herindo Adiperkasa Tbk in the upper half of its industry. The industry median Debt-to-Equity is 0.53. PT Mandiri Herindo Adiperkasa Tbk's value of 0.31 is 41.5% below this benchmark. Historically, PT Mandiri Herindo Adiperkasa Tbk's own Debt-to-Equity has ranged from 0.11 to 0.32 over the past decade. While the company's 10-year median is 0.23 vs. the industry median of 0.53, PT Mandiri Herindo Adiperkasa 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 Transportation company?
The median Debt-to-Equity among Transportation companies is 0.53, based on 911 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 Mandiri Herindo Adiperkasa Tbk's current Debt-to-Equity of 0.31 is 41.5% 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 Mandiri Herindo Adiperkasa Tbk and its competitors. For the Transportation industry, the median Debt-to-Equity is 0.53 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT Mandiri Herindo Adiperkasa Tbk's current Debt-to-Equity is 0.31, which is 35% above median its own 10-year median of 0.23. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Mandiri Herindo Adiperkasa Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Mandiri Herindo Adiperkasa Tbk (ISX:MAHA) is currently considered Significantly Undervalued. The stock's GF Value™ is Rp237.65, compared to a current price of Rp149.00 — trading 37.3% below its estimated fair value. The current Debt-to-Equity is 0.31, which is 35% above median its 10-year median of 0.23 and 41.5% below the Transportation industry median of 0.53. PT Mandiri Herindo Adiperkasa Tbk's overall GF Score™ is 85/100 with 3 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 Mandiri Herindo Adiperkasa Tbk (ISX:MAHA), the current Debt-to-Equity is 0.31 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 Mandiri Herindo Adiperkasa Tbk (ISX:MAHA) Overvalued in 2026?

Based on GuruFocus' analysis, PT Mandiri Herindo Adiperkasa Tbk stock appears to be undervalued. The current stock price of Rp149.00 is trading 37.3% below its estimated GF Value™ of Rp237.65. GuruFocus considers PT Mandiri Herindo Adiperkasa Tbk to be Significantly Undervalued.

Key valuation signals for ISX:MAHA:

  • Debt-to-Equity: 0.31 (35% above median its 10-year median of 0.23)
  • GF Value™: Rp237.65 vs. price of Rp149.00 (37.3% below fair value)
  • GF Score™: 85/100 with 3 warning signs
  • Industry Position: 41.5% below the Transportation median (#309 of 911)

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


PT Mandiri Herindo Adiperkasa Tbk Business Description

Address Jl. Jend. Sudirman Kav. 52 - 53, Senopati Raya No. 8B, Gedung Office 8, Floor 31, Unit A, SCBD Lot 28, Kebayoran Baru, Jakarta, IDN, 12190
PT Mandiri Herindo Adiperkasa Tbk is one of the mineral and coal transportation service providers, supported by resources and professional personnel with integrity. The company focuses on coal hauling service activities after overburden removal activities are carried out by contractors. The Company also has several types of units in the implementation of coal transportation services, namely single trailers, double trailers, and dump trucks, with variations in payload capacity and equipment specifications according to the needs of the employer. The company classifies its business into three geographical segments, which are North Kalimantan, East Kalimantan, and Central Kalimantan. The company generates the majority of its revenue from the East Kalimantan segment.
85GF Score

Get the complete analysis for ISX:MAHA

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

Rp149.00
Price
Rp237.65
GF Value