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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.
The historical rank and industry rank for PT Sinar Mas Multiartha Tbk's Debt-to-Equity or its related term are showing as below:
ISX:SMMA'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0.17 Med: 0.39 Max: 0.52
Current: 0.4
During the past 13 years, the highest Debt-to-Equity Ratio of PT Sinar Mas Multiartha Tbk was 0.52. The lowest was 0.17. And the median was 0.39.
ISX:SMMA's Debt-to-Equity is ranked worse than 71.9% of 395
companies
in the Insurance industry
Industry Median: 0.21
vs ISX:SMMA: 0.40
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 Sinar Mas Multiartha Tbk Debt-to-Equity Related Terms
PT Sinar Mas Multiartha 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.
ISX:SMMA vs BRK.A, AIG, HIG: Debt-to-Equity Comparison
For the Insurance - Diversified subindustry, PT Sinar Mas Multiartha 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 Sinar Mas Multiartha Tbk Debt-to-Equity vs Insurance Industry
For the Insurance industry and Financial Services sector, PT Sinar Mas Multiartha Tbk's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where PT Sinar Mas Multiartha 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 Sinar Mas Multiartha Tbk (ISX:SMMA) has a Debt-to-Equity of 0.40 as of Jun. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on PT Sinar Mas Multiartha Tbk and its competitors. This is near median its historical median of 0.39. Over the past decade, PT Sinar Mas Multiartha Tbk's Debt-to-Equity has ranged from 0.17 to 0.52. According to the industry distribution chart, PT Sinar Mas Multiartha Tbk ranks #284 out of 395 companies in the Insurance industry, placing it in the top 71.9%.
Is PT Sinar Mas Multiartha Tbk's Debt-to-Equity too high?
PT Sinar Mas Multiartha Tbk's current Debt-to-Equity of 0.40 is near median its 10-year median of 0.39. Over the past 10 years, this metric has ranged from a low of 0.17 to a high of 0.52. The Insurance industry median Debt-to-Equity is 0.21. PT Sinar Mas Multiartha Tbk's value of 0.40 is 90.5% above this industry median. Based on the distribution chart, PT Sinar Mas Multiartha Tbk ranks #284 out of 395 companies in the Insurance industry, which is below the industry midpoint. Overall, PT Sinar Mas Multiartha Tbk has a GF Score™ of 61/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does PT Sinar Mas Multiartha Tbk's Debt-to-Equity compare to BRK.A and AIG?
According to the Insurance industry distribution chart, PT Sinar Mas Multiartha Tbk ranks #284 out of 395 companies for Debt-to-Equity. This places PT Sinar Mas Multiartha Tbk in the lower half of its industry. The industry median Debt-to-Equity is 0.21. PT Sinar Mas Multiartha Tbk's value of 0.40 is 90.5% above this benchmark. Historically, PT Sinar Mas Multiartha Tbk's own Debt-to-Equity has ranged from 0.17 to 0.52 over the past decade. While the company's 10-year median is 0.39 vs. the industry median of 0.21, PT Sinar Mas Multiartha 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 an Insurance company?
The median Debt-to-Equity among Insurance companies is 0.21, based on 395 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 Sinar Mas Multiartha Tbk's current Debt-to-Equity of 0.40 is 90.5% 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 Sinar Mas Multiartha Tbk and its competitors. For the Insurance industry, the median Debt-to-Equity is 0.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT Sinar Mas Multiartha Tbk's current Debt-to-Equity is 0.40, which is near median its own 10-year median of 0.39. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Sinar Mas Multiartha Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Sinar Mas Multiartha Tbk (ISX:SMMA) is currently considered Modestly Overvalued. The stock's GF Value™ is Rp17,064.49, compared to a current price of Rp20,200.00 — trading 18.4% above its estimated fair value. The current Debt-to-Equity is 0.40, which is near median its 10-year median of 0.39 and 90.5% above the Insurance industry median of 0.21. PT Sinar Mas Multiartha Tbk's overall GF Score™ is 61/100 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 Sinar Mas Multiartha Tbk (ISX:SMMA), the current Debt-to-Equity is 0.40 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 Sinar Mas Multiartha Tbk (ISX:SMMA) Overvalued in 2026?
Based on GuruFocus' analysis, PT Sinar Mas Multiartha Tbk stock appears to be overvalued.
The current stock price of Rp20,200.00 is trading 18.4% above its estimated GF Value™ of Rp17,064.49.
GuruFocus considers PT Sinar Mas Multiartha Tbk to be Modestly Overvalued.
Key valuation signals for ISX:SMMA:
Debt-to-Equity: 0.40 (near median its 10-year median of 0.39)
GF Value™: Rp17,064.49 vs. price of Rp20,200.00 (18.4% above fair value)
Industry Position: 90.5% above the Insurance median (#284 of 395)
No single metric tells the full story. See the ISX:SMMA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
PT Sinar Mas Multiartha Tbk provides an integrated and comprehensive range of financial services in Indonesia. The company is engaged in insurance underwriting, consumer financing, factoring of accounts, securities administration, securities brokerage, investment management, banking, development, Information technology, trading, and other related services. It is also involved in the auction house, property, health clinic, and workshop activities.
61GF Score
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