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PT Multikarya Asia Pasifik Raya TbkISX:MKAP +0.45%62 Earnings Yield (Joel Greenblatt) % is 1.71% as of Jun. 2026, which is 73% below its 10-year median of 6.37. GuruFocus rates ISX:MKAP with a GF Score™ of 62/100 and a GF Value™ of Rp523.35 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 1,036 Oil & Gas companies, PT Multikarya Asia Pasifik Raya Tbk ranks worse than 63.13% on this metric.
The historical rank and industry rank for PT Multikarya Asia Pasifik Raya Tbk's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:
ISX:MKAP'
s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: 1.65 Med: 6.37 Max: 21.98
Current: 1.77
During the past 6 years, the highest Earnings Yield (Joel Greenblatt) of PT Multikarya Asia Pasifik Raya Tbk was 21.98%. The lowest was 1.65%. And the median was 6.37%.
ISX:MKAP's Earnings Yield (Joel Greenblatt) % is ranked worse than 63.13% of 1036
companies
in the Oil & Gas industry
Industry Median: 5.285
vs ISX:MKAP: 1.77
Joel Greenblatt's definition of earnings yield has the same problems the regular earnings yield does. It does not consider the growth of the company. It only looks at one-year's business operation. For cyclical companies, the earnings yield is usually highest at the peak of the business cycle. But these earnings are rarely sustainable.
A better indicator of the attractiveness of an investment which takes growth into account is the Forward Rate of Return (Yacktman) %. PT Multikarya Asia Pasifik Raya Tbk's Forward Rate of Return (Yacktman) % for the quarter that ended in Jun. 2026 was 0.00%. The Forward Rate of Return uses the normalized Free Cash Flow of the past five years, and considers growth. The forward rate of return can be thought of as the return that investors buying the stock today can expect from it in the future.
PT Multikarya Asia Pasifik Raya Tbk (ISX:MKAP) Earnings Yield (Joel Greenblatt) % Explanation
Joel Greenblatt defines the earnings yield using the above equation because it more accurately reflects the company's profitability relative to its stock price. Items like interest payment and tax etc. are not directly related to the company's operational profitability.
Enterprise Value instead of market cap (share price) is used in the calculation because it is the real price stock and bond investors together pay for the company.
Be Aware
Joel Greenblatt's definition of earnings yield has the same problems the regular earnings yield does. It does not consider the growth of the company. It only looks at one-year's business operation. For cyclical companies, the earnings yield is usually highest at the peak of the business cycle. But these earnings are rarely sustainable.
* 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 Earnings Yield (Joel Greenblatt) % Chart
For the Oil & Gas Equipment & Services subindustry, PT Multikarya Asia Pasifik Raya Tbk's Earnings Yield (Joel Greenblatt) %, along with its competitors' market caps and Earnings Yield (Joel Greenblatt) % 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 Earnings Yield (Joel Greenblatt) % vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, PT Multikarya Asia Pasifik Raya Tbk's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where PT Multikarya Asia Pasifik Raya Tbk's Earnings Yield (Joel Greenblatt) % falls into.
PT Multikarya Asia Pasifik Raya Tbk Earnings Yield (Joel Greenblatt) % Calculation
In his book, The Little That Beat the Market, hedge fund manager Joel Greenblatt defines Earnings Yield as operating income divided by enterprise value.
PT Multikarya Asia Pasifik Raya Tbk's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was Rp66,267 Mil.
What does a Earnings Yield (Joel Greenblatt) % of 1.71% mean?
PT Multikarya Asia Pasifik Raya Tbk (ISX:MKAP) has a Earnings Yield (Joel Greenblatt) % of 1.71% as of Jun. 2026. Joel Greenblatt's earnings yield equals the ratio of earnings before interest and taxes to enterprise value. View historical data on PT Multikarya Asia Pasifik Raya Tbk and its competitors. This is 73% below median its historical median of 6.37. Over the past decade, PT Multikarya Asia Pasifik Raya Tbk's Earnings Yield (Joel Greenblatt) % has ranged from 1.65 to 21.98. According to the industry distribution chart, PT Multikarya Asia Pasifik Raya Tbk ranks #654 out of 1036 companies in the Oil & Gas industry, placing it in the top 63.1%.
Is PT Multikarya Asia Pasifik Raya Tbk's Earnings Yield (Joel Greenblatt) % too high?
PT Multikarya Asia Pasifik Raya Tbk's current Earnings Yield (Joel Greenblatt) % of 1.71% is 73% below median its 10-year median of 6.37. Over the past 10 years, this metric has ranged from a low of 1.65 to a high of 21.98. The Oil & Gas industry median Earnings Yield (Joel Greenblatt) % is 5.29. PT Multikarya Asia Pasifik Raya Tbk's value of 1.71% is 67.6% below this industry median. Based on the distribution chart, PT Multikarya Asia Pasifik Raya Tbk ranks #654 out of 1036 companies in the Oil & Gas industry, which is below the industry midpoint. Overall, PT Multikarya Asia Pasifik Raya Tbk has a GF Score™ of 62/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does PT Multikarya Asia Pasifik Raya Tbk's Earnings Yield (Joel Greenblatt) % compare to SLB and BKR?
According to the Oil & Gas industry distribution chart, PT Multikarya Asia Pasifik Raya Tbk ranks #654 out of 1036 companies for Earnings Yield (Joel Greenblatt) %. This places PT Multikarya Asia Pasifik Raya Tbk in the lower half of its industry. The industry median Earnings Yield (Joel Greenblatt) % is 5.29. PT Multikarya Asia Pasifik Raya Tbk's value of 1.71% is 67.6% below this benchmark. Historically, PT Multikarya Asia Pasifik Raya Tbk's own Earnings Yield (Joel Greenblatt) % has ranged from 1.65 to 21.98 over the past decade. While the company's 10-year median is 6.37 vs. the industry median of 5.29, 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 Earnings Yield (Joel Greenblatt) % for an Oil & Gas company?
The median Earnings Yield (Joel Greenblatt) % among Oil & Gas companies is 5.29, based on 1,036 companies in the industry. Companies in the top quartile (top 25%) have a Earnings Yield (Joel Greenblatt) % significantly above this median, while those in the bottom quartile fall well below. However, Earnings Yield (Joel Greenblatt) % 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 Earnings Yield (Joel Greenblatt) % of 1.71% is 67.6% 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 Earnings Yield (Joel Greenblatt) % mean?
A high Earnings Yield (Joel Greenblatt) % can signal that a stock is expensive relative to its fundamentals. Joel Greenblatt's earnings yield equals the ratio of earnings before interest and taxes to enterprise value. View historical data on PT Multikarya Asia Pasifik Raya Tbk and its competitors. For the Oil & Gas industry, the median Earnings Yield (Joel Greenblatt) % is 5.29 — 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 Earnings Yield (Joel Greenblatt) % is 1.71%, which is 73% below median its own 10-year median of 6.37. 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 Rp523.35, compared to a current price of Rp1,125.00 — trading 115% above its estimated fair value. The current Earnings Yield (Joel Greenblatt) % is 1.71%, which is 73% below median its 10-year median of 6.37 and 67.6% below the Oil & Gas industry median of 5.29. PT Multikarya Asia Pasifik Raya Tbk's overall GF Score™ is 62/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Earnings Yield (Joel Greenblatt) % calculated?
Earnings Yield (Joel Greenblatt) % is calculated from a company's financial statements. For PT Multikarya Asia Pasifik Raya Tbk (ISX:MKAP), the current Earnings Yield (Joel Greenblatt) % is 1.71% 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 Rp1,125.00 is trading 115% above its estimated GF Value™ of Rp523.35.
GuruFocus considers PT Multikarya Asia Pasifik Raya Tbk to be Significantly Overvalued.
Key valuation signals for ISX:MKAP:
Earnings Yield (Joel Greenblatt) %: 1.71% (73% below median its 10-year median of 6.37)
GF Value™: Rp523.35 vs. price of Rp1,125.00 (115% above fair value)
Industry Position: 67.6% below the Oil & Gas median (#654 of 1036)
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.
62GF Score
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