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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.
ISX:MKAP'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0.35 Med: 0.48 Max: 0.73
Current: 0.36
During the past 6 years, the highest Debt-to-Equity Ratio of PT Multikarya Asia Pasifik Raya Tbk was 0.73. The lowest was 0.35. And the median was 0.48.
ISX:MKAP's Debt-to-Equity is ranked better than 56.88% of 807
companies
in the Oil & Gas industry
Industry Median: 0.45
vs ISX:MKAP: 0.36
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 Multikarya Asia Pasifik Raya Tbk Debt-to-Equity Related Terms
PT Multikarya Asia Pasifik Raya Tbk Debt-to-Equity 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 Multikarya Asia Pasifik Raya Tbk Debt-to-Equity Chart
ISX:MKAP vs SLB, BKR, FTI: Debt-to-Equity Comparison
For the Oil & Gas Equipment & Services subindustry, PT Multikarya Asia Pasifik Raya 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 Multikarya Asia Pasifik Raya Tbk Debt-to-Equity vs Oil & Gas Industry
* 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 Multikarya Asia Pasifik Raya Tbk (ISX:MKAP) has a Debt-to-Equity of 0.36 as of Jun. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on PT Multikarya Asia Pasifik Raya Tbk and its competitors. This is 25% below median its historical median of 0.48. Over the past decade, PT Multikarya Asia Pasifik Raya Tbk's Debt-to-Equity has ranged from 0.35 to 0.73. According to the industry distribution chart, PT Multikarya Asia Pasifik Raya Tbk ranks #348 out of 807 companies in the Oil & Gas industry, placing it in the top 43.1%.
Is PT Multikarya Asia Pasifik Raya Tbk's Debt-to-Equity too high?
PT Multikarya Asia Pasifik Raya Tbk's current Debt-to-Equity of 0.36 is 25% below median its 10-year median of 0.48. Over the past 10 years, this metric has ranged from a low of 0.35 to a high of 0.73. The Oil & Gas industry median Debt-to-Equity is 0.45. PT Multikarya Asia Pasifik Raya Tbk's value of 0.36 is 20% below this industry median. Based on the distribution chart, PT Multikarya Asia Pasifik Raya Tbk ranks #348 out of 807 companies in the Oil & Gas industry, which is above the industry midpoint. Overall, PT Multikarya Asia Pasifik Raya Tbk has a GF Score™ of 63/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does PT Multikarya Asia Pasifik Raya Tbk's Debt-to-Equity compare to SLB and BKR?
According to the Oil & Gas industry distribution chart, PT Multikarya Asia Pasifik Raya Tbk ranks #348 out of 807 companies for Debt-to-Equity. This puts PT Multikarya Asia Pasifik Raya Tbk in the upper half of its industry. The industry median Debt-to-Equity is 0.45. PT Multikarya Asia Pasifik Raya Tbk's value of 0.36 is 20% below this benchmark. Historically, PT Multikarya Asia Pasifik Raya Tbk's own Debt-to-Equity has ranged from 0.35 to 0.73 over the past decade. While the company's 10-year median is 0.48 vs. the industry median of 0.45, PT Multikarya Asia Pasifik Raya 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 Oil & Gas company?
The median Debt-to-Equity among Oil & Gas companies is 0.45, based on 807 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 Multikarya Asia Pasifik Raya Tbk's current Debt-to-Equity of 0.36 is 20% 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 Multikarya Asia Pasifik Raya Tbk and its competitors. For the Oil & Gas industry, the median Debt-to-Equity is 0.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT Multikarya Asia Pasifik Raya Tbk's current Debt-to-Equity is 0.36, which is 25% below median its own 10-year median of 0.48. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Multikarya Asia Pasifik Raya Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Multikarya Asia Pasifik Raya Tbk (ISX:MKAP) is currently considered Significantly Overvalued. The stock's GF Value™ is Rp521.50, compared to a current price of Rp1,130.00 — trading 116.7% above its estimated fair value. The current Debt-to-Equity is 0.36, which is 25% below median its 10-year median of 0.48 and 20% below the Oil & Gas industry median of 0.45. PT Multikarya Asia Pasifik Raya Tbk's overall GF Score™ is 63/100 with 7 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 Multikarya Asia Pasifik Raya Tbk (ISX:MKAP), the current Debt-to-Equity is 0.36 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 Multikarya Asia Pasifik Raya Tbk (ISX:MKAP) Overvalued in 2026?
Based on GuruFocus' analysis, PT Multikarya Asia Pasifik Raya Tbk stock appears to be overvalued.
The current stock price of Rp1,130.00 is trading 116.7% above its estimated GF Value™ of Rp521.50.
GuruFocus considers PT Multikarya Asia Pasifik Raya Tbk to be Significantly Overvalued.
Key valuation signals for ISX:MKAP:
Debt-to-Equity: 0.36 (25% below median its 10-year median of 0.48)
GF Value™: Rp521.50 vs. price of Rp1,130.00 (116.7% above fair value)
Industry Position: 20% below the Oil & Gas median (#348 of 807)
No single metric tells the full story. See the ISX:MKAP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
PT Multikarya Asia Pasifik Raya Tbk is engaged in the manufacturing and trading of services, as well as the rental and repair of pumps and other supporting equipment, including spare parts for the oil, natural gas, and mining industries. The firm operates through two main segments: Spare Parts and Procurement, and Rental and Services, with the majority of its revenue coming from the Spare Parts and Procurement segment. For the oil and gas industry, it offers products and services such as crude oil transfer to and from further processing, water reinjection production, water treatment injection plants, and pumps for mud, cement, and stimulation. In the mining industry, the company provides services for water drying and mud removal, along with reinstallation, repair, and rejuvenation of pump.
63GF Score
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