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.
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.
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 Aracord Nusantara Group Tbk's Debt-to-Equity or its related term are showing as below:
ISX:RONY'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0.36 Med: 2.59 Max: 22.09
Current: 22.09
During the past 5 years, the highest Debt-to-Equity Ratio of PT Aracord Nusantara Group Tbk was 22.09. The lowest was 0.36. And the median was 2.59.
ISX:RONY's Debt-to-Equity is ranked worse than 99.51% of 1617
companies
in the Construction industry
Industry Median: 0.4
vs ISX:RONY: 22.09
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 Aracord Nusantara Group Tbk Debt-to-Equity Related Terms
PT Aracord Nusantara Group 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 Aracord Nusantara Group Tbk Debt-to-Equity Chart
ISX:RONY vs PWR, FIX, EME: Debt-to-Equity Comparison
For the Engineering & Construction subindustry, PT Aracord Nusantara Group 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 Aracord Nusantara Group Tbk Debt-to-Equity vs Construction Industry
For the Construction industry and Industrials sector, PT Aracord Nusantara Group Tbk's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where PT Aracord Nusantara Group 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 Aracord Nusantara Group Tbk (ISX:RONY) has a Debt-to-Equity of 22.09 as of Jun. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on PT Aracord Nusantara Group Tbk and its competitors. This is 753% above median its historical median of 2.59. Over the past decade, PT Aracord Nusantara Group Tbk's Debt-to-Equity has ranged from 0.36 to 22.09. According to the industry distribution chart, PT Aracord Nusantara Group Tbk ranks #1609 out of 1617 companies in the Construction industry, placing it in the top 99.5%.
Is PT Aracord Nusantara Group Tbk's Debt-to-Equity too high?
PT Aracord Nusantara Group Tbk's current Debt-to-Equity of 22.09 is 753% above median its 10-year median of 2.59. Over the past 10 years, this metric has ranged from a low of 0.36 to a high of 22.09. The Construction industry median Debt-to-Equity is 0.40. PT Aracord Nusantara Group Tbk's value of 22.09 is 5422.5% above this industry median. Based on the distribution chart, PT Aracord Nusantara Group Tbk ranks #1609 out of 1617 companies in the Construction industry, which is in the bottom quartile relative to peers. Overall, PT Aracord Nusantara Group Tbk has a GF Score™ of 45/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does PT Aracord Nusantara Group Tbk's Debt-to-Equity compare to PWR and FIX?
According to the Construction industry distribution chart, PT Aracord Nusantara Group Tbk ranks #1609 out of 1617 companies for Debt-to-Equity. This places PT Aracord Nusantara Group Tbk in the lower half of its industry. The industry median Debt-to-Equity is 0.40. PT Aracord Nusantara Group Tbk's value of 22.09 is 5422.5% above this benchmark. Historically, PT Aracord Nusantara Group Tbk's own Debt-to-Equity has ranged from 0.36 to 22.09 over the past decade. While the company's 10-year median is 2.59 vs. the industry median of 0.40, PT Aracord Nusantara Group 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 Construction company?
The median Debt-to-Equity among Construction companies is 0.40, based on 1,617 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 Aracord Nusantara Group Tbk's current Debt-to-Equity of 22.09 is 5422.5% 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 Aracord Nusantara Group Tbk and its competitors. For the Construction industry, the median Debt-to-Equity is 0.40 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT Aracord Nusantara Group Tbk's current Debt-to-Equity is 22.09, which is 753% above median its own 10-year median of 2.59. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Aracord Nusantara Group Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Aracord Nusantara Group Tbk (ISX:RONY) is currently considered Significantly Undervalued. The stock's GF Value™ is Rp3,145.11, compared to a current price of Rp1,270.00 — trading 59.6% below its estimated fair value. The current Debt-to-Equity is 22.09, which is 753% above median its 10-year median of 2.59 and 5422.5% above the Construction industry median of 0.40. PT Aracord Nusantara Group Tbk's overall GF Score™ is 45/100. 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 Aracord Nusantara Group Tbk (ISX:RONY), the current Debt-to-Equity is 22.09 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 Aracord Nusantara Group Tbk (ISX:RONY) Overvalued in 2026?
Based on GuruFocus' analysis, PT Aracord Nusantara Group Tbk stock appears to be undervalued.
The current stock price of Rp1,270.00 is trading 59.6% below its estimated GF Value™ of Rp3,145.11.
GuruFocus considers PT Aracord Nusantara Group Tbk to be Significantly Undervalued.
Key valuation signals for ISX:RONY:
Debt-to-Equity: 22.09 (753% above median its 10-year median of 2.59)
GF Value™: Rp3,145.11 vs. price of Rp1,270.00 (59.6% below fair value)
Industry Position: 5422.5% above the Construction median (#1609 of 1617)
No single metric tells the full story. See the ISX:RONY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
ISX:RONY has been successfully added to your 
