PT Temas Tbk (ISX:TMAS) Debt-to-Equity: 0.58 (As of Mar. 2026) — 50% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
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.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
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.

ISX:TMAS PT Temas Tbk ISX:TMAS
71 GF Score
Price Rp117.00
GF Value Rp144.90
Valuation Modestly Undervalued
! 2 Warning Signs
View Full Analysis

What is PT Temas Tbk Debt-to-Equity?

PT Temas Tbk ISX:TMAS -3.31% 71 Debt-to-Equity is 0.58 as of Mar. 2026, which is 50% below its 10-year median of 1.17. GuruFocus rates ISX:TMAS with a GF Score™ of 71/100 and a GF Value™ of Rp144.90 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 909 Transportation companies, PT Temas Tbk ranks worse than 52.37% on this metric.

PT Temas Tbk's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was Rp365,871 Mil. PT Temas Tbk's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was Rp1,458,763 Mil. PT Temas Tbk's Total Stockholders Equity for the quarter that ended in Mar. 2026 was Rp3,168,819 Mil. PT Temas Tbk's debt to equity for the quarter that ended in Mar. 2026 was 0.58.

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

ISX:TMAS' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.39   Med: 1.17   Max: 1.92
Current: 0.58

During the past 13 years, the highest Debt-to-Equity Ratio of PT Temas Tbk was 1.92. The lowest was 0.39. And the median was 1.17.

ISX:TMAS's Debt-to-Equity is ranked worse than
52.37% of 909 companies
in the Transportation industry
Industry Median: 0.53 vs ISX:TMAS: 0.58

PT Temas Tbk  (ISX:TMAS) 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 Temas Tbk Debt-to-Equity Related Terms


PT Temas Tbk Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for PT Temas 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 Temas Tbk Debt-to-Equity Chart

PT Temas Tbk Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.25 0.70 0.47 0.44 0.57

PT Temas Tbk Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 Premium Member Only Premium Member Only 0.46 0.58 0.61 0.57 0.58

PT Temas Tbk Debt-to-Equity Competitor Comparison

For the Marine Shipping subindustry, PT Temas 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 Temas Tbk Debt-to-Equity vs Transportation Industry

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

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


ISX:TMAS
71GF Score
PT Temas Tbk ISX:TMAS
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

PT Temas Tbk Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

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

PT Temas Tbk's Debt to Equity Ratio for the quarter that ended in Mar. 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 0.58 mean?
PT Temas Tbk (ISX:TMAS) has a Debt-to-Equity of 0.58 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on PT Temas Tbk and its competitors. This is 50% below median its historical median of 1.17. Over the past decade, PT Temas Tbk's Debt-to-Equity has ranged from 0.39 to 1.92. According to the industry distribution chart, PT Temas Tbk ranks #476 out of 909 companies in the Transportation industry, placing it in the top 52.4%.
Is PT Temas Tbk's Debt-to-Equity too high?
PT Temas Tbk's current Debt-to-Equity of 0.58 is 50% below median its 10-year median of 1.17. Over the past 10 years, this metric has ranged from a low of 0.39 to a high of 1.92. The Transportation industry median Debt-to-Equity is 0.53. PT Temas Tbk's value of 0.58 is 9.4% above this industry median. Based on the distribution chart, PT Temas Tbk ranks #476 out of 909 companies in the Transportation industry, which is below the industry midpoint. Overall, PT Temas Tbk has a GF Score™ of 71/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does PT Temas Tbk's Debt-to-Equity compare to competitors?
According to the Transportation industry distribution chart, PT Temas Tbk ranks #476 out of 909 companies for Debt-to-Equity. This places PT Temas Tbk in the lower half of its industry. The industry median Debt-to-Equity is 0.53. PT Temas Tbk's value of 0.58 is 9.4% above this benchmark. Historically, PT Temas Tbk's own Debt-to-Equity has ranged from 0.39 to 1.92 over the past decade. While the company's 10-year median is 1.17 vs. the industry median of 0.53, PT Temas 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 Transportation company?
The median Debt-to-Equity among Transportation companies is 0.53, based on 909 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 Temas Tbk's current Debt-to-Equity of 0.58 is 9.4% 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 Temas 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 Temas Tbk's current Debt-to-Equity is 0.58, which is 50% below median its own 10-year median of 1.17. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Temas Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Temas Tbk (ISX:TMAS) is currently considered Modestly Undervalued. The stock's GF Value™ is Rp144.90, compared to a current price of Rp117.00 — trading 19.3% below its estimated fair value. The current Debt-to-Equity is 0.58, which is 50% below median its 10-year median of 1.17 and 9.4% above the Transportation industry median of 0.53. PT Temas Tbk's overall GF Score™ is 71/100 with 2 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 Temas Tbk (ISX:TMAS), the current Debt-to-Equity is 0.58 as of Mar. 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 Temas Tbk (ISX:TMAS) Overvalued in 2026?

Based on GuruFocus' analysis, PT Temas Tbk stock appears to be undervalued. The current stock price of Rp117.00 is trading 19.3% below its estimated GF Value™ of Rp144.90. GuruFocus considers PT Temas Tbk to be Modestly Undervalued.

Key valuation signals for ISX:TMAS:

  • Debt-to-Equity: 0.58 (50% below median its 10-year median of 1.17)
  • GF Value™: Rp144.90 vs. price of Rp117.00 (19.3% below fair value)
  • GF Score™: 71/100 with 2 warning signs
  • Industry Position: 9.4% above the Transportation median (#476 of 909)

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


PT Temas Tbk Business Description

Address Jalan Yos Sudarso Kav. 33, Sunter Jaya, Tanjung Priok, Kantor Pusat Jakarta, Jakarta, IDN, 14350
PT Temas Tbk operates in the shipping industry. The company is engaged in the transportation business, especially marine transportation services that provide containerized goods delivery. Services offered include managing container transportation and stevedoring services nationwide. The company engages in both domestic and international transportation activities, particularly in transporting passengers, cargoes, and animals by vessels, acts as an agent in the shipping business. In addition, it is involved in the purchase and sale of vessels and related equipment. Its businesses are grouped into two operating segments: Shipping and Stevedoring. The Shipping segment contributes the vast majority of total revenue. Geographically, the company operates Domestically as well as Overseas.
71GF Score

Get the complete analysis for ISX:TMAS

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

Rp117.00
Price
Rp144.90
GF Value