PT Bukit Asam (Persero) Tbk (FRA:TBA) EBIT: €232 Mil (TTM As of Mar. 2026)


FRA:TBA PT Bukit Asam (Persero) Tbk FRA:TBA
79 GF Score
Price €0.10
GF Value €0.12
Valuation Modestly Undervalued
! 5 Warning Signs
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What is PT Bukit Asam (Persero) Tbk EBIT?

PT Bukit Asam (Persero) Tbk FRA:TBA -0.95% 79 EBIT is €232 Mil as of Mar. 2026. GuruFocus rates FRA:TBA with a GF Score™ of 79/100 and a GF Value™ of €0.12 (Modestly Undervalued). The stock has 5 warning signs investors should review.

PT Bukit Asam (Persero) Tbk's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2026 was €54 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was €232 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. PT Bukit Asam (Persero) Tbk's annualized ROC % for the quarter that ended in Mar. 2026 was 6.65%. PT Bukit Asam (Persero) Tbk's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 28.48%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. PT Bukit Asam (Persero) Tbk's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 18.12%.


PT Bukit Asam (Persero) Tbk  (FRA:TBA) EBIT Explanation

1. EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

PT Bukit Asam (Persero) Tbk's annualized ROC % for the quarter that ended in Mar. 2026 is calculated as:

ROC % (Q: Mar. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2025 ) + Invested Capital (Q: Mar. 2026 ))/ count )
=163.16 * ( 1 - 21.99% )/( (1932.246 + 1898.033)/ 2 )
=127.281116/1915.1395
=6.65 %

where

Invested Capital(Q: Dec. 2025 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=2244.86 - 235.222 - ( 255.127 - max(0, 650.559 - 727.951+255.127))
=1932.246

Invested Capital(Q: Mar. 2026 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=2208.732 - 169.867 - ( 237.116 - max(0, 525.707 - 666.539+237.116))
=1898.033

Note: The Operating Income data used here is four times the quarterly (Mar. 2026) data.

2. Joel Greenblatt's definition of Return on Capital:

PT Bukit Asam (Persero) Tbk's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2025  Q: Mar. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=216.988/( ( (758.141 + max(-62.439, 0)) + (765.59 + max(-83.473, 0)) )/ 2 )
=216.988/( ( 758.141 + 765.59 )/ 2 )
=216.988/761.8655
=28.48 %

where Working Capital is:

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(201.134 + 249.615 + 18.553) - (235.222 + 0 + 296.519)
=-62.439

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(247.337 + 172.692 + 4.3389999999999) - (169.867 + 0 + 337.974)
=-83.473

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Mar. 2026) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

PT Bukit Asam (Persero) Tbk's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=231.594/1278.229
=18.12 %

* 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 Bukit Asam (Persero) Tbk EBIT Related Terms


PT Bukit Asam (Persero) Tbk EBIT Historical Data

* Premium members only.

The historical data trend for PT Bukit Asam (Persero) Tbk's EBIT 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 Bukit Asam (Persero) Tbk EBIT Chart

PT Bukit Asam (Persero) Tbk Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 646.65 988.00 488.80 383.14 204.25

PT Bukit Asam (Persero) Tbk Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
EBIT 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 31.38 32.48 42.48 102.39 54.25

PT Bukit Asam (Persero) Tbk EBIT Competitor Comparison

For the Thermal Coal subindustry, PT Bukit Asam (Persero) Tbk's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT 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 Bukit Asam (Persero) Tbk EV-to-EBIT vs Other Energy Sources Industry

For the Other Energy Sources industry and Energy sector, PT Bukit Asam (Persero) Tbk's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where PT Bukit Asam (Persero) Tbk's EV-to-EBIT falls into.


FRA:TBA
79GF Score
PT Bukit Asam (Persero) Tbk FRA:TBA
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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PT Bukit Asam (Persero) Tbk EBIT Calculation

EBIT, sometimes also called Earnings Before Interest and Taxes, is a measure of a firm's profit that includes all expenses except interest and income tax expenses. It is the difference between operating revenues and operating expenses. When a firm does not have non-operating income, then Operating Income is sometimes used as a synonym for EBIT and operating profit.

EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €232 Mil.

* 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 EBIT →
What does a EBIT of €232 Mil mean?
PT Bukit Asam (Persero) Tbk (FRA:TBA) has a EBIT of €232 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on PT Bukit Asam (Persero) Tbk.
Is PT Bukit Asam (Persero) Tbk's EBIT too high?
PT Bukit Asam (Persero) Tbk's current EBIT is €232 Mil. Overall, PT Bukit Asam (Persero) Tbk has a GF Score™ of 79/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does PT Bukit Asam (Persero) Tbk's EBIT compare to competitors?
PT Bukit Asam (Persero) Tbk's EBIT of €232 Mil can be compared against companies in the Other Energy Sources industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EBIT for an Other Energy Sources company?
A good EBIT depends on the Other Energy Sources industry context. However, EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EBIT mean?
A high EBIT can signal that a stock is expensive relative to its fundamentals. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on PT Bukit Asam (Persero) Tbk. PT Bukit Asam (Persero) Tbk's current EBIT is €232 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Bukit Asam (Persero) Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Bukit Asam (Persero) Tbk (FRA:TBA) is currently considered Modestly Undervalued. The stock's GF Value™ is €0.12, compared to a current price of €0.10 — trading 13.3% below its estimated fair value. The current EBIT is €232 Mil. PT Bukit Asam (Persero) Tbk's overall GF Score™ is 79/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBIT calculated?
EBIT is calculated from a company's financial statements. For PT Bukit Asam (Persero) Tbk (FRA:TBA), the current EBIT is €232 Mil 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 Bukit Asam (Persero) Tbk (FRA:TBA) Overvalued in 2026?

Based on GuruFocus' analysis, PT Bukit Asam (Persero) Tbk stock appears to be undervalued. The current stock price of €0.10 is trading 13.3% below its estimated GF Value™ of €0.12. GuruFocus considers PT Bukit Asam (Persero) Tbk to be Modestly Undervalued.

Key valuation signals for FRA:TBA:

  • EBIT: €232 Mil
  • GF Value™: €0.12 vs. price of €0.10 (13.3% below fair value)
  • GF Score™: 79/100 with 5 warning signs

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


PT Bukit Asam (Persero) Tbk Business Description

Address Jalan Parigi No. 1, Tanjung Enim, Muara Enim, South Sumatra, 5d356, Palembang, IDN, 31716
PT Bukit Asam (Persero) Tbk operates in Indonesia's energy sector, managing coal reserves and producing coal for domestic and export markets. The operations of the company include logistics and infrastructure for coal distribution via dedicated routes and railways, downstream processing of coal for power generation and derivative products, and development of renewable energy projects, including solar power (PV) and biomass.
79GF Score

Get the complete analysis for FRA:TBA

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

€0.10
Price
€0.12
GF Value