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PT Multi Spunindo Jaya TbkISX:MSJA +2.31%57 Debt-to-Equity is 0.17 as of Jun. 2026, which is 11% below its 10-year median of 0.19. GuruFocus rates ISX:MSJA with a GF Score™ of 57/100 and a GF Value™ of Rp344.39 (Modestly Overvalued). The stock has 7 warning signs investors should review. Among 931 Manufacturing - Apparel & Accessories companies, PT Multi Spunindo Jaya Tbk ranks better than 71.43% on this metric.
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 Multi Spunindo Jaya Tbk's Debt-to-Equity or its related term are showing as below:
ISX:MSJA'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0.15 Med: 0.19 Max: 0.4
Current: 0.17
During the past 6 years, the highest Debt-to-Equity Ratio of PT Multi Spunindo Jaya Tbk was 0.40. The lowest was 0.15. And the median was 0.19.
ISX:MSJA's Debt-to-Equity is ranked better than 71.43% of 931
companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 0.41
vs ISX:MSJA: 0.17
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 Multi Spunindo Jaya Tbk Debt-to-Equity Related Terms
PT Multi Spunindo Jaya 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.
For the Textile Manufacturing subindustry, PT Multi Spunindo Jaya 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 Multi Spunindo Jaya Tbk Debt-to-Equity vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, PT Multi Spunindo Jaya Tbk's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where PT Multi Spunindo Jaya Tbk's Debt-to-Equity falls into.
* 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 Multi Spunindo Jaya Tbk (ISX:MSJA) has a Debt-to-Equity of 0.17 as of Jun. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on PT Multi Spunindo Jaya Tbk and its competitors. This is 11% below median its historical median of 0.19. Over the past decade, PT Multi Spunindo Jaya Tbk's Debt-to-Equity has ranged from 0.15 to 0.40. According to the industry distribution chart, PT Multi Spunindo Jaya Tbk ranks #266 out of 931 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 28.6%.
Is PT Multi Spunindo Jaya Tbk's Debt-to-Equity too high?
PT Multi Spunindo Jaya Tbk's current Debt-to-Equity of 0.17 is 11% below median its 10-year median of 0.19. Over the past 10 years, this metric has ranged from a low of 0.15 to a high of 0.40. The Manufacturing - Apparel & Accessories industry median Debt-to-Equity is 0.41. PT Multi Spunindo Jaya Tbk's value of 0.17 is 58.5% below this industry median. Based on the distribution chart, PT Multi Spunindo Jaya Tbk ranks #266 out of 931 companies in the Manufacturing - Apparel & Accessories industry, which is above the industry midpoint. Overall, PT Multi Spunindo Jaya Tbk has a GF Score™ of 57/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does PT Multi Spunindo Jaya Tbk's Debt-to-Equity compare to AIN?
According to the Manufacturing - Apparel & Accessories industry distribution chart, PT Multi Spunindo Jaya Tbk ranks #266 out of 931 companies for Debt-to-Equity. This puts PT Multi Spunindo Jaya Tbk in the upper half of its industry. The industry median Debt-to-Equity is 0.41. PT Multi Spunindo Jaya Tbk's value of 0.17 is 58.5% below this benchmark. Historically, PT Multi Spunindo Jaya Tbk's own Debt-to-Equity has ranged from 0.15 to 0.40 over the past decade. While the company's 10-year median is 0.19 vs. the industry median of 0.41, PT Multi Spunindo Jaya 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 Manufacturing - Apparel & Accessories company?
The median Debt-to-Equity among Manufacturing - Apparel & Accessories companies is 0.41, based on 931 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 Multi Spunindo Jaya Tbk's current Debt-to-Equity of 0.17 is 58.5% 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 Multi Spunindo Jaya Tbk and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Debt-to-Equity is 0.41 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT Multi Spunindo Jaya Tbk's current Debt-to-Equity is 0.17, which is 11% below 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 Multi Spunindo Jaya Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Multi Spunindo Jaya Tbk (ISX:MSJA) is currently considered Modestly Overvalued. The stock's GF Value™ is Rp344.39, compared to a current price of Rp442.00 — trading 28.3% above its estimated fair value. The current Debt-to-Equity is 0.17, which is 11% below median its 10-year median of 0.19 and 58.5% below the Manufacturing - Apparel & Accessories industry median of 0.41. PT Multi Spunindo Jaya Tbk's overall GF Score™ is 57/100 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 Multi Spunindo Jaya Tbk (ISX:MSJA), the current Debt-to-Equity is 0.17 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 Multi Spunindo Jaya Tbk (ISX:MSJA) Overvalued in 2026?
Based on GuruFocus' analysis, PT Multi Spunindo Jaya Tbk stock appears to be overvalued.
The current stock price of Rp442.00 is trading 28.3% above its estimated GF Value™ of Rp344.39.
GuruFocus considers PT Multi Spunindo Jaya Tbk to be Modestly Overvalued.
Key valuation signals for ISX:MSJA:
Debt-to-Equity: 0.17 (11% below median its 10-year median of 0.19)
GF Value™: Rp344.39 vs. price of Rp442.00 (28.3% above fair value)
Industry Position: 58.5% below the Manufacturing - Apparel & Accessories median (#266 of 931)
No single metric tells the full story. See the ISX:MSJA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
PT Multi Spunindo Jaya Tbk is engaged in nonwoven industry on a business to business (B2B) basis. It produces nonwoven sheet products which are then used as a raw material for finished products in various sectors starting from the health sector (sanitary napkins, diapers, masks, and others) to the construction and agricultural sectors. It has two segments Local and Export. Geographically, it operates in Indonesia.
57GF Score
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