PT Gowa Makassar Tourism Development Tbk (ISX:GMTD) EBIT: Rp46,458 Mil (TTM As of Dec. 2025)


ISX:GMTD PT Gowa Makassar Tourism Development Tbk ISX:GMTD
63 GF Score
Price Rp1,300.00
GF Value Rp2,227.11
Valuation Significantly Undervalued
! 2 Warning Signs
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What is PT Gowa Makassar Tourism Development Tbk EBIT?

PT Gowa Makassar Tourism Development Tbk ISX:GMTD 63 EBIT is Rp46,458 Mil as of Dec. 2025. GuruFocus rates ISX:GMTD with a GF Score™ of 63/100 and a GF Value™ of Rp2,227.11 (Significantly Undervalued). The stock has 2 warning signs investors should review.

PT Gowa Makassar Tourism Development Tbk's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2025 was Rp752 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2025 was Rp46,458 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. PT Gowa Makassar Tourism Development Tbk's annualized ROC % for the quarter that ended in Dec. 2025 was -1.94%. PT Gowa Makassar Tourism Development Tbk's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 0.64%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. PT Gowa Makassar Tourism Development Tbk's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 3.74%.

PT Gowa Makassar Tourism Development Tbk  (ISX:GMTD) EBIT Explanation

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

PT Gowa Makassar Tourism Development Tbk's annualized ROC % for the quarter that ended in Dec. 2025 is calculated as:

ROC % (Q: Dec. 2025 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Sep. 2025 ) + Invested Capital (Q: Dec. 2025 ))/ count )
=-24510.292 * ( 1 - 0% )/( (1235189.529 + 1296710.959)/ 2 )
=-24510.292/1265950.244
=-1.94 %

where

Invested Capital(Q: Sep. 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))
=1357218.528 - 20412.472 - ( 101616.527 - max(0, 170446.348 - 774693.486+101616.527))
=1235189.529

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))
=1404536.041 - 20927.336 - ( 86897.746 - max(0, 303106.088 - 791145.429+86897.746))
=1296710.959

Note: The Operating Income data used here is four times the quarterly (Dec. 2025) data.

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

PT Gowa Makassar Tourism Development Tbk's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 is calculated as:

ROC (Joel Greenblatt) %(Q: Dec. 2025 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Sep. 2025  Q: Dec. 2025
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=3008.5/( ( (19676.151 + max(502422.391, 0)) + (18914.885 + max(400931.96, 0)) )/ 2 )
=3008.5/( ( 522098.542 + 419846.845 )/ 2 )
=3008.5/470972.6935
=0.64 %

where Working Capital is:

Working Capital(Q: Sep. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 634928.478 + 37940.261) - (20412.472 + 0 + 150033.876)
=502422.391

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 663963.053 + 40074.995) - (20927.336 + 0 + 282178.752)
=400931.96

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Dec. 2025) EBIT data.

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

PT Gowa Makassar Tourism Development Tbk's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2025 )
=46457.53/1241594.909
=3.74 %

* 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 Gowa Makassar Tourism Development Tbk EBIT Related Terms

PT Gowa Makassar Tourism Development Tbk EBIT Historical Data

* Premium members only.

The historical data trend for PT Gowa Makassar Tourism Development 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 Gowa Makassar Tourism Development Tbk EBIT Chart

PT Gowa Makassar Tourism Development 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 -4,599.03 43,553.48 159,405.86 160,229.88 46,457.53

PT Gowa Makassar Tourism Development Tbk Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
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 26,019.14 11,563.06 16,273.01 17,869.34 752.13

PT Gowa Makassar Tourism Development Tbk EBIT Competitor Comparison

For the Real Estate - Development subindustry, PT Gowa Makassar Tourism Development 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 Gowa Makassar Tourism Development Tbk EV-to-EBIT vs Real Estate Industry

For the Real Estate industry and Real Estate sector, PT Gowa Makassar Tourism Development Tbk's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where PT Gowa Makassar Tourism Development Tbk's EV-to-EBIT falls into.


ISX:GMTD
63GF Score
PT Gowa Makassar Tourism Development Tbk ISX:GMTD
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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PT Gowa Makassar Tourism Development 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 Dec. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was Rp46,458 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 Rp46,458 Mil mean?
PT Gowa Makassar Tourism Development Tbk (ISX:GMTD) has a EBIT of Rp46,458 Mil as of Dec. 2025. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on PT Gowa Makassar Tourism Development Tbk.
Is PT Gowa Makassar Tourism Development Tbk's EBIT too high?
PT Gowa Makassar Tourism Development Tbk's current EBIT is Rp46,458 Mil. Overall, PT Gowa Makassar Tourism Development Tbk has a GF Score™ of 63/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does PT Gowa Makassar Tourism Development Tbk's EBIT compare to competitors?
PT Gowa Makassar Tourism Development Tbk's EBIT of Rp46,458 Mil can be compared against companies in the Real Estate 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 Real Estate company?
A good EBIT depends on the Real Estate 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 Gowa Makassar Tourism Development Tbk. PT Gowa Makassar Tourism Development Tbk's current EBIT is Rp46,458 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Gowa Makassar Tourism Development Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Gowa Makassar Tourism Development Tbk (ISX:GMTD) is currently considered Significantly Undervalued. The stock's GF Value™ is Rp2,227.11, compared to a current price of Rp1,300.00 — trading 41.6% below its estimated fair value. The current EBIT is Rp46,458 Mil. PT Gowa Makassar Tourism Development Tbk's overall GF Score™ is 63/100 with 2 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 Gowa Makassar Tourism Development Tbk (ISX:GMTD), the current EBIT is Rp46,458 Mil as of Dec. 2025. 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 Gowa Makassar Tourism Development Tbk (ISX:GMTD) Overvalued in 2026?

Based on GuruFocus' analysis, PT Gowa Makassar Tourism Development Tbk stock appears to be undervalued. The current stock price of Rp1,300.00 is trading 41.6% below its estimated GF Value™ of Rp2,227.11. GuruFocus considers PT Gowa Makassar Tourism Development Tbk to be Significantly Undervalued.

Key valuation signals for ISX:GMTD:

  • EBIT: Rp46,458 Mil
  • GF Value™: Rp2,227.11 vs. price of Rp1,300.00 (41.6% below fair value)
  • GF Score™: 63/100 with 2 warning signs

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

PT Gowa Makassar Tourism Development Tbk Business Description

Address Jalan Metro Tanjung Bunga Mall GTC, GA-9 No. 1B, Tanjung Bunga, Sulawesi Selatan, Makassar, IDN, 90134
PT Gowa Makassar Tourism Development Tbk engages in property development and investment business. It is involved in the development of residential estates, apartments, condominiums, hotels, recreational facilities, commercial complexes, real estate, and other supporting facilities. It classifies its business activities into two business segments: the Core segment, which consists of sales of residential houses, shop houses, and ready-to-build land, and a supporting segment consisting of Akkarena tourism area management and urban management. Its projects include Residential and Commercial. The company is based in Indonesia, and the majority of its revenues are derived from the real estate business.
63GF Score

Get the complete analysis for ISX:GMTD

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

Rp1,300.00
Price
Rp2,227.11
GF Value