ANTAM (Persero) Tbk PT (ISX:ANTM) EBIT: Rp11,726,483 Mil (TTM As of Mar. 2026)


ISX:ANTM ANTAM (Persero) Tbk PT ISX:ANTM
95 GF Score
Price Rp2,710.00
GF Value Rp3,622.12
Valuation Modestly Undervalued
! 6 Warning Signs
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What is ANTAM (Persero) Tbk PT EBIT?

ANTAM (Persero) Tbk PT ISX:ANTM -1.09% 95 EBIT is Rp11,726,483 Mil as of Mar. 2026. GuruFocus rates ISX:ANTM with a GF Score™ of 95/100 and a GF Value™ of Rp3,622.12 (Modestly Undervalued). The stock has 6 warning signs investors should review.

ANTAM (Persero) Tbk PT's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2026 was Rp4,840,477 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was Rp11,726,483 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. ANTAM (Persero) Tbk PT's annualized ROC % for the quarter that ended in Mar. 2026 was 31.26%. ANTAM (Persero) Tbk PT's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 82.42%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. ANTAM (Persero) Tbk PT's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 19.37%.


ANTAM (Persero) Tbk PT  (ISX:ANTM) EBIT Explanation

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

ANTAM (Persero) Tbk PT'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 )
=17949288 * ( 1 - 23.39% )/( (39234305 + 48755492)/ 2 )
=13750949.5368/43994898.5
=31.26 %

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))
=52530405 - 2584179 - ( 10711921 - max(0, 9682943 - 23021850+10711921))
=39234305

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))
=63295662 - 3333351 - ( 11206819 - max(0, 16797083 - 33206503+11206819))
=48755492

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

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

ANTAM (Persero) Tbk PT'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 )
=19361908/( ( (16429537 + max(3623061, 0)) + (16325169 + max(10604991, 0)) )/ 2 )
=19361908/( ( 20052598 + 26930160 )/ 2 )
=19361908/23491379
=82.42 %

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)
=(2327866 + 7731354 + 1664081) - (2584179 + 0 + 5516061)
=3623061

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(3116720 + 16848545 + 1702400) - (3333351 + 0 + 7729323)
=10604991

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=11726483/60527362.402
=19.37 %

* 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.


ANTAM (Persero) Tbk PT EBIT Related Terms


ANTAM (Persero) Tbk PT EBIT Historical Data

* Premium members only.

The historical data trend for ANTAM (Persero) Tbk PT'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.

ANTAM (Persero) Tbk PT EBIT Chart

ANTAM (Persero) Tbk PT 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 3,331,374.00 5,381,341.00 4,036,059.00 4,743,010.00 9,825,578.00

ANTAM (Persero) Tbk PT 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 2,939,572.00 3,599,731.00 1,934,877.00 1,351,398.00 4,840,477.00

ISX:ANTM vs NEM, AU, CDE: EBIT Comparison

For the Gold subindustry, ANTAM (Persero) Tbk PT'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.


ANTAM (Persero) Tbk PT EV-to-EBIT vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, ANTAM (Persero) Tbk PT's EV-to-EBIT distribution charts can be found below:

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


ISX:ANTM
95GF Score
ANTAM (Persero) Tbk PT ISX:ANTM
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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ANTAM (Persero) Tbk PT 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 Rp11,726,483 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 Rp11,726,483 Mil mean?
ANTAM (Persero) Tbk PT (ISX:ANTM) has a EBIT of Rp11,726,483 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on ANTAM (Persero) Tbk PT.
Is ANTAM (Persero) Tbk PT's EBIT too high?
ANTAM (Persero) Tbk PT's current EBIT is Rp11,726,483 Mil. Overall, ANTAM (Persero) Tbk PT has a GF Score™ of 95/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does ANTAM (Persero) Tbk PT's EBIT compare to NEM and AU?
ANTAM (Persero) Tbk PT's EBIT of Rp11,726,483 Mil can be compared against companies in the Metals & Mining 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 a Metals & Mining company?
A good EBIT depends on the Metals & Mining 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 ANTAM (Persero) Tbk PT. ANTAM (Persero) Tbk PT's current EBIT is Rp11,726,483 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ANTAM (Persero) Tbk PT stock overvalued right now?
Based on GuruFocus' analysis, ANTAM (Persero) Tbk PT (ISX:ANTM) is currently considered Modestly Undervalued. The stock's GF Value™ is Rp3,622.12, compared to a current price of Rp2,710.00 — trading 25.2% below its estimated fair value. The current EBIT is Rp11,726,483 Mil. ANTAM (Persero) Tbk PT's overall GF Score™ is 95/100 with 6 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 ANTAM (Persero) Tbk PT (ISX:ANTM), the current EBIT is Rp11,726,483 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 ANTAM (Persero) Tbk PT (ISX:ANTM) Overvalued in 2026?

Based on GuruFocus' analysis, ANTAM (Persero) Tbk PT stock appears to be undervalued. The current stock price of Rp2,710.00 is trading 25.2% below its estimated GF Value™ of Rp3,622.12. GuruFocus considers ANTAM (Persero) Tbk PT to be Modestly Undervalued.

Key valuation signals for ISX:ANTM:

  • EBIT: Rp11,726,483 Mil
  • GF Value™: Rp3,622.12 vs. price of Rp2,710.00 (25.2% below fair value)
  • GF Score™: 95/100 with 6 warning signs

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


ANTAM (Persero) Tbk PT Business Description

Other Exchanges AKTA:GermanyATM:Australia
Address Jalan Letjen T.B. Simatupang No. 1, Gedung Aneka Tambang Tower A, Lingkar Selatan, Tanjung Barat, Jakarta, IDN, 12530
ANTAM (Persero) Tbk PT is a vertically integrated, export-oriented, diversified mining and metals company, from upstream to downstream. Its business activities include exploration, excavation, processing through to marketing of nickel ore, ferronickel, gold, silver, and bauxite commodities.
95GF Score

Get the complete analysis for ISX:ANTM

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

Rp2,710.00
Price
Rp3,622.12
GF Value