PT Merdeka Battery Materials Tbk (ISX:MBMA) Effective Interest Rate on Debt %: 6.43% (As of Mar. 2026)

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ISX:MBMA PT Merdeka Battery Materials Tbk ISX:MBMA
44 GF Score
Price Rp525.00
GF Value Rp824.61
Valuation Significantly Undervalued
! 5 Warning Signs
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What is PT Merdeka Battery Materials Tbk Effective Interest Rate on Debt %?

PT Merdeka Battery Materials Tbk ISX:MBMA +0.96% 44 Effective Interest Rate on Debt % is 6.43% as of Mar. 2026. GuruFocus rates ISX:MBMA with a GF Score™ of 44/100 and a GF Value™ of Rp824.61 (Significantly Undervalued). The stock has 5 warning signs investors should review.

Effective Interest Rate on Debt % is the usage rate that a borrower actually pays on a debt. It is calculated as the positive value of Interest Expense divided by its average total debt. Total debt equals to Long-Term Debt & Capital Lease Obligation plus Short-Term Debt & Capital Lease Obligation. PT Merdeka Battery Materials Tbk's annualized positive value of Interest Expense for the quarter that ended in Mar. 2026 was Rp1,111,581 Mil. PT Merdeka Battery Materials Tbk's average total debt for the quarter that ended in Mar. 2026 was Rp17,296,771 Mil. Therefore, PT Merdeka Battery Materials Tbk's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2026 was 6.43%.


PT Merdeka Battery Materials Tbk  (ISX:MBMA) Effective Interest Rate on Debt % Explanation

Effective Interest Rate on Debt % measures the usage rate that a borrower actually pays on a debt.


PT Merdeka Battery Materials Tbk Effective Interest Rate on Debt % Related Terms


PT Merdeka Battery Materials Tbk Effective Interest Rate on Debt % Historical Data

* Premium members only.

The historical data trend for PT Merdeka Battery Materials Tbk's Effective Interest Rate on Debt % 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 Merdeka Battery Materials Tbk Effective Interest Rate on Debt % Chart

PT Merdeka Battery Materials Tbk Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Effective Interest Rate on Debt %
Get a 7-Day Free Trial 0.00 3.46 3.37 1.31 2.54

PT Merdeka Battery Materials Tbk Quarterly Data
Dec19 Dec20 Dec21 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Effective Interest Rate on Debt % 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 1.64 2.23 2.36 3.43 6.43

ISX:MBMA vs HL, SIND: Effective Interest Rate on Debt % Comparison

For the Other Precious Metals & Mining subindustry, PT Merdeka Battery Materials Tbk's Effective Interest Rate on Debt %, along with its competitors' market caps and Effective Interest Rate on Debt % 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 Merdeka Battery Materials Tbk Effective Interest Rate on Debt % vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, PT Merdeka Battery Materials Tbk's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where PT Merdeka Battery Materials Tbk's Effective Interest Rate on Debt % falls into.


ISX:MBMA
44GF Score
PT Merdeka Battery Materials Tbk ISX:MBMA
Effective Interest Rate on Debt % is just one metric. See GF Score™, valuation, warning signs, and more.
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PT Merdeka Battery Materials Tbk Effective Interest Rate on Debt % Calculation

PT Merdeka Battery Materials Tbk's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2025 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Dec. 2024 )+Total Debt  (A: Dec. 2025 ))/ count )
=-1  *  -340056.838/( (10970215.073+15787248.119)/ 2 )
=-1  *  -340056.838/13378731.596
=2.54 %

where

Total Debt  (A: Dec. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=8969121.43 + 2001093.643
=10970215.073

Total Debt  (A: Dec. 2025 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=11904562.215 + 3882685.904
=15787248.119

PT Merdeka Battery Materials Tbk's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2026 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Dec. 2025 )+Total Debt  (Q: Mar. 2026 ))/ count )
=-1  *  -1111581.372/( (15787248.119+18806294.333)/ 2 )
=-1  *  -1111581.372/17296771.226
=6.43 %

where

Total Debt  (Q: Dec. 2025 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=11904562.215 + 3882685.904
=15787248.119

Total Debt  (Q: Mar. 2026 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=12316443.481 + 6489850.852
=18806294.333

* 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.

In the calculation of annual Effective Interest Rate on Debt %, the Interest Expense of the last fiscal year and the average total debt over the fiscal year are used. In calculating the quarterly data, the Interest Expense data used here is four times the quarterly (Mar. 2026) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

What does a Effective Interest Rate on Debt % of 6.43% mean?
PT Merdeka Battery Materials Tbk (ISX:MBMA) has a Effective Interest Rate on Debt % of 6.43% as of Mar. 2026. Effective interest rate on debt is the rate a company actually pays on its debt. View historical data on PT Merdeka Battery Materials Tbk and its competitors.
Is PT Merdeka Battery Materials Tbk's Effective Interest Rate on Debt % too high?
PT Merdeka Battery Materials Tbk's current Effective Interest Rate on Debt % is 6.43%. Overall, PT Merdeka Battery Materials Tbk has a GF Score™ of 44/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does PT Merdeka Battery Materials Tbk's Effective Interest Rate on Debt % compare to HL and SIND?
PT Merdeka Battery Materials Tbk's Effective Interest Rate on Debt % of 6.43% 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 Effective Interest Rate on Debt % for a Metals & Mining company?
A good Effective Interest Rate on Debt % depends on the Metals & Mining industry context. However, Effective Interest Rate on Debt % 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 Effective Interest Rate on Debt % mean?
A high Effective Interest Rate on Debt % can signal that a stock is expensive relative to its fundamentals. Effective interest rate on debt is the rate a company actually pays on its debt. View historical data on PT Merdeka Battery Materials Tbk and its competitors. PT Merdeka Battery Materials Tbk's current Effective Interest Rate on Debt % is 6.43%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Merdeka Battery Materials Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Merdeka Battery Materials Tbk (ISX:MBMA) is currently considered Significantly Undervalued. The stock's GF Value™ is Rp824.61, compared to a current price of Rp525.00 — trading 36.3% below its estimated fair value. The current Effective Interest Rate on Debt % is 6.43%. PT Merdeka Battery Materials Tbk's overall GF Score™ is 44/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Effective Interest Rate on Debt % calculated?
Effective Interest Rate on Debt % is calculated from a company's financial statements. For PT Merdeka Battery Materials Tbk (ISX:MBMA), the current Effective Interest Rate on Debt % is 6.43% 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 Merdeka Battery Materials Tbk (ISX:MBMA) Overvalued in 2026?

Based on GuruFocus' analysis, PT Merdeka Battery Materials Tbk stock appears to be undervalued. The current stock price of Rp525.00 is trading 36.3% below its estimated GF Value™ of Rp824.61. GuruFocus considers PT Merdeka Battery Materials Tbk to be Significantly Undervalued.

Key valuation signals for ISX:MBMA:

  • Effective Interest Rate on Debt %: 6.43%
  • GF Value™: Rp824.61 vs. price of Rp525.00 (36.3% below fair value)
  • GF Score™: 44/100 with 5 warning signs

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


PT Merdeka Battery Materials Tbk Business Description

Address Jalan Jenderal Sudirman Kav. 52-53, Treasury Tower Building, 69th Floor, District 8 SCBD Lot. 28, South Jakarta, Jakarta, IDN, 12190
PT Merdeka Battery Materials Tbk is an integrated battery materials and nickel processing company focused on the electric vehicle (EV) battery value chain in Indonesia. The company engages in nickel mining, smelting, and downstream battery material processing activities. Its business operations include the SCM Mine, RKEF smelters, Nickel Matte operations, AIM Project, IKIP industrial area development, and HPAL projects. The company operates through Mining, Manufacturing, and Other segments, with the majority of revenue generated from the Manufacturing segment.
44GF Score

Get the complete analysis for ISX:MBMA

Effective Interest Rate on Debt % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

Rp525.00
Price
Rp824.61
GF Value