PT Mandiri Herindo Adiperkasa Tbk (ISX:MAHA) EBIT: Rp469,369 Mil (TTM As of Mar. 2026)


ISX:MAHA PT Mandiri Herindo Adiperkasa Tbk ISX:MAHA
68 GF Score
Price Rp133.00
GF Value Rp229.36
Valuation Significantly Undervalued
! 3 Warning Signs
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What is PT Mandiri Herindo Adiperkasa Tbk EBIT?

PT Mandiri Herindo Adiperkasa Tbk ISX:MAHA 68 EBIT is Rp469,369 Mil as of Mar. 2026. GuruFocus rates ISX:MAHA with a GF Score™ of 68/100 and a GF Value™ of Rp229.36 (Significantly Undervalued). The stock has 3 warning signs investors should review.

PT Mandiri Herindo Adiperkasa Tbk's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2026 was Rp119,213 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was Rp469,369 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. PT Mandiri Herindo Adiperkasa Tbk's annualized ROC % for the quarter that ended in Mar. 2026 was 13.57%. PT Mandiri Herindo Adiperkasa Tbk's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 28.66%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. PT Mandiri Herindo Adiperkasa Tbk's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 21.12%.


PT Mandiri Herindo Adiperkasa Tbk  (ISX:MAHA) EBIT Explanation

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

PT Mandiri Herindo Adiperkasa 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 )
=366916.976 * ( 1 - 19.9% )/( (2171096.404 + 2161686.049)/ 2 )
=293900.497776/2166391.2265
=13.57 %

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))
=2996254.739 - 422462.05 - ( 566227.496 - max(0, 707194.23 - 1109890.515+566227.496))
=2171096.404

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))
=3014622.371 - 375606.389 - ( 628759.969 - max(0, 645514.989 - 1122844.922+628759.969))
=2161686.049

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 Mandiri Herindo Adiperkasa 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 )
=476853.388/( ( (1566353.68 + max(108860.465, 0)) + (1548914.633 + max(103744.282, 0)) )/ 2 )
=476853.388/( ( 1675214.145 + 1652658.915 )/ 2 )
=476853.388/1663936.53
=28.66 %

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)
=(450855.984 + 80203.065 + 5109.2579999999) - (422462.05 + 0 + 4845.792)
=108860.465

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(408612.237 + 75603.868 + 4701.5259999998) - (375606.389 + 0 + 9566.9599999998)
=103744.282

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 Mandiri Herindo Adiperkasa Tbk's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=469369.414/2222262.769
=21.12 %

* 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 Mandiri Herindo Adiperkasa Tbk EBIT Related Terms


PT Mandiri Herindo Adiperkasa Tbk EBIT Historical Data

* Premium members only.

The historical data trend for PT Mandiri Herindo Adiperkasa 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 Mandiri Herindo Adiperkasa Tbk EBIT Chart

PT Mandiri Herindo Adiperkasa Tbk Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EBIT
Get a 7-Day Free Trial 379,677.03 590,996.03 382,255.15 410,105.37 380,051.61

PT Mandiri Herindo Adiperkasa Tbk Quarterly Data
Dec20 Dec21 Mar22 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 29,895.54 19,125.98 113,255.40 217,774.69 119,213.35

ISX:MAHA vs ODFL, XPO, SAIA: EBIT Comparison

For the Trucking subindustry, PT Mandiri Herindo Adiperkasa 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 Mandiri Herindo Adiperkasa Tbk EV-to-EBIT vs Transportation Industry

For the Transportation industry and Industrials sector, PT Mandiri Herindo Adiperkasa Tbk's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where PT Mandiri Herindo Adiperkasa Tbk's EV-to-EBIT falls into.


ISX:MAHA
68GF Score
PT Mandiri Herindo Adiperkasa Tbk ISX:MAHA
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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PT Mandiri Herindo Adiperkasa 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 Rp469,369 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 Rp469,369 Mil mean?
PT Mandiri Herindo Adiperkasa Tbk (ISX:MAHA) has a EBIT of Rp469,369 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on PT Mandiri Herindo Adiperkasa Tbk.
Is PT Mandiri Herindo Adiperkasa Tbk's EBIT too high?
PT Mandiri Herindo Adiperkasa Tbk's current EBIT is Rp469,369 Mil. Overall, PT Mandiri Herindo Adiperkasa Tbk has a GF Score™ of 68/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does PT Mandiri Herindo Adiperkasa Tbk's EBIT compare to ODFL and XPO?
PT Mandiri Herindo Adiperkasa Tbk's EBIT of Rp469,369 Mil can be compared against companies in the Transportation 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 Transportation company?
A good EBIT depends on the Transportation 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 Mandiri Herindo Adiperkasa Tbk. PT Mandiri Herindo Adiperkasa Tbk's current EBIT is Rp469,369 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Mandiri Herindo Adiperkasa Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Mandiri Herindo Adiperkasa Tbk (ISX:MAHA) is currently considered Significantly Undervalued. The stock's GF Value™ is Rp229.36, compared to a current price of Rp133.00 — trading 42% below its estimated fair value. The current EBIT is Rp469,369 Mil. PT Mandiri Herindo Adiperkasa Tbk's overall GF Score™ is 68/100 with 3 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 Mandiri Herindo Adiperkasa Tbk (ISX:MAHA), the current EBIT is Rp469,369 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 Mandiri Herindo Adiperkasa Tbk (ISX:MAHA) Overvalued in 2026?

Based on GuruFocus' analysis, PT Mandiri Herindo Adiperkasa Tbk stock appears to be undervalued. The current stock price of Rp133.00 is trading 42% below its estimated GF Value™ of Rp229.36. GuruFocus considers PT Mandiri Herindo Adiperkasa Tbk to be Significantly Undervalued.

Key valuation signals for ISX:MAHA:

  • EBIT: Rp469,369 Mil
  • GF Value™: Rp229.36 vs. price of Rp133.00 (42% below fair value)
  • GF Score™: 68/100 with 3 warning signs

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


PT Mandiri Herindo Adiperkasa Tbk Business Description

Address Jl. Jend. Sudirman Kav. 52 - 53, Senopati Raya No. 8B, Gedung Office 8, Floor 31, Unit A, SCBD Lot 28, Kebayoran Baru, Jakarta, IDN, 12190
PT Mandiri Herindo Adiperkasa Tbk is one of the mineral and coal transportation service providers, supported by resources and professional personnel with integrity. The company focuses on coal hauling service activities after overburden removal activities are carried out by contractors. The Company also has several types of units in the implementation of coal transportation services, namely single trailers, double trailers, and dump trucks, with variations in payload capacity and equipment specifications according to the needs of the employer. The company classifies its business into three geographical segments, which are North Kalimantan, East Kalimantan, and Central Kalimantan. The company generates the majority of its revenue from the East Kalimantan segment.
68GF Score

Get the complete analysis for ISX:MAHA

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

Rp133.00
Price
Rp229.36
GF Value