PIKQF (PT Indah Kiat Pulp & Paper Tbk) EV-to-EBIT: 4.27 (As of Jul. 17, 2026) — 31% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

PIKQF PT Indah Kiat Pulp & Paper Tbk PIKQF
97 GF Score
Price $0.53
GF Value $0.68
! 4 Warning Signs
View Full Analysis

What is PT Indah Kiat Pulp & Paper Tbk EV-to-EBIT?

PT Indah Kiat Pulp & Paper Tbk PIKQF 97 EV-to-EBIT is 4.27 as of Jul. 17, 2026, which is 31% below its 10-year median of 6.19. GuruFocus rates PIKQF with a GF Score™ of 97/100 and a GF Value™ of $0.68. The stock has 4 warning signs investors should review. Among 191 Forest Products companies, PT Indah Kiat Pulp & Paper Tbk ranks better than 91.1% on this metric.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, PT Indah Kiat Pulp & Paper Tbk's Enterprise Value is $3,672 Mil. PT Indah Kiat Pulp & Paper Tbk's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was $859 Mil. Therefore, PT Indah Kiat Pulp & Paper Tbk's EV-to-EBIT for today is 4.27.

The historical rank and industry rank for PT Indah Kiat Pulp & Paper Tbk's EV-to-EBIT or its related term are showing as below:

PIKQF' s EV-to-EBIT Range Over the Past 10 Years
Min: 2.72   Med: 6.19   Max: 15.53
Current: 4.44

During the past 13 years, the highest EV-to-EBIT of PT Indah Kiat Pulp & Paper Tbk was 15.53. The lowest was 2.72. And the median was 6.19.

PIKQF's EV-to-EBIT is ranked better than
91.1% of 191 companies
in the Forest Products industry
Industry Median: 14.46 vs PIKQF: 4.44

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. PT Indah Kiat Pulp & Paper Tbk's Enterprise Value for the quarter that ended in Mar. 2026 was $4,205 Mil. PT Indah Kiat Pulp & Paper Tbk's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was $859 Mil. PT Indah Kiat Pulp & Paper Tbk's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 20.44%.


PT Indah Kiat Pulp & Paper Tbk  (OTCPK:PIKQF) EV-to-EBIT Explanation

This is a more accurate valuation of companies' operation because it considers the debt and cash on its balance sheet, and non-operating items such as interest payment, tax, and one-time items are not included in the Operating Income.

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %.

PT Indah Kiat Pulp & Paper Tbk's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Mar. 2026 ) =EBIT / Enterprise Value (Q: Mar. 2026 )
=859.47/4205.1014815
=20.44 %

PT Indah Kiat Pulp & Paper Tbk's Enterprise Value for the quarter that ended in Mar. 2026 was $4,205 Mil.
PT Indah Kiat Pulp & Paper Tbk's 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 $859 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.


PT Indah Kiat Pulp & Paper Tbk EV-to-EBIT Related Terms


PT Indah Kiat Pulp & Paper Tbk EV-to-EBIT Historical Data

* Premium members only.

The historical data trend for PT Indah Kiat Pulp & Paper Tbk's EV-to-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 Indah Kiat Pulp & Paper Tbk EV-to-EBIT Chart

PT Indah Kiat Pulp & Paper Tbk Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EV-to-EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.98 3.15 4.42 4.65 4.85

PT Indah Kiat Pulp & Paper Tbk Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
EV-to-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 3.70 4.89 4.11 4.85 5.42

PIKQF vs SLVM: EV-to-EBIT Comparison

For the Paper & Paper Products subindustry, PT Indah Kiat Pulp & Paper 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 Indah Kiat Pulp & Paper Tbk EV-to-EBIT vs Forest Products Industry

For the Forest Products industry and Basic Materials sector, PT Indah Kiat Pulp & Paper Tbk's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where PT Indah Kiat Pulp & Paper Tbk's EV-to-EBIT falls into.


PIKQF
97GF Score
PT Indah Kiat Pulp & Paper Tbk PIKQF
EV-to-EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

PT Indah Kiat Pulp & Paper Tbk EV-to-EBIT Calculation

PT Indah Kiat Pulp & Paper Tbk's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=3672.290/859.47
=4.27

PT Indah Kiat Pulp & Paper Tbk's current Enterprise Value is $3,672 Mil.
PT Indah Kiat Pulp & Paper Tbk's 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 $859 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 EV-to-EBIT →
What does a EV-to-EBIT of 4.27 mean?
PT Indah Kiat Pulp & Paper Tbk (PIKQF) has a EV-to-EBIT of 4.27 as of Jul. 17, 2026. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on PT Indah Kiat Pulp & Paper Tbk and its competitors. This is 31% below median its historical median of 6.19. Over the past decade, PT Indah Kiat Pulp & Paper Tbk's EV-to-EBIT has ranged from 2.72 to 15.53. According to the industry distribution chart, PT Indah Kiat Pulp & Paper Tbk ranks #17 out of 191 companies in the Forest Products industry, placing it in the top 8.9%.
Is PT Indah Kiat Pulp & Paper Tbk's EV-to-EBIT too high?
PT Indah Kiat Pulp & Paper Tbk's current EV-to-EBIT of 4.27 is 31% below median its 10-year median of 6.19. Over the past 10 years, this metric has ranged from a low of 2.72 to a high of 15.53. The Forest Products industry median EV-to-EBIT is 14.46. PT Indah Kiat Pulp & Paper Tbk's value of 4.27 is 70.5% below this industry median. Based on the distribution chart, PT Indah Kiat Pulp & Paper Tbk ranks #17 out of 191 companies in the Forest Products industry, which is in the top quartile — a strong position relative to peers. Overall, PT Indah Kiat Pulp & Paper Tbk has a GF Score™ of 97/100, reflecting its overall financial health beyond just this single metric.
How does PT Indah Kiat Pulp & Paper Tbk's EV-to-EBIT compare to SLVM?
According to the Forest Products industry distribution chart, PT Indah Kiat Pulp & Paper Tbk ranks #17 out of 191 companies for EV-to-EBIT. This places PT Indah Kiat Pulp & Paper Tbk in the top 9% of its industry — outperforming the majority of peers. The industry median EV-to-EBIT is 14.46. PT Indah Kiat Pulp & Paper Tbk's value of 4.27 is 70.5% below this benchmark. Historically, PT Indah Kiat Pulp & Paper Tbk's own EV-to-EBIT has ranged from 2.72 to 15.53 over the past decade. While the company's 10-year median is 6.19 vs. the industry median of 14.46, PT Indah Kiat Pulp & Paper Tbk has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-EBIT for a Forest Products company?
The median EV-to-EBIT among Forest Products companies is 14.46, based on 191 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-EBIT significantly above this median, while those in the bottom quartile fall well below. However, EV-to-EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. PT Indah Kiat Pulp & Paper Tbk's current EV-to-EBIT of 4.27 is 70.5% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EV-to-EBIT mean?
A high EV-to-EBIT can signal that a stock is expensive relative to its fundamentals. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on PT Indah Kiat Pulp & Paper Tbk and its competitors. For the Forest Products industry, the median EV-to-EBIT is 14.46 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT Indah Kiat Pulp & Paper Tbk's current EV-to-EBIT is 4.27, which is 31% below median its own 10-year median of 6.19. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Indah Kiat Pulp & Paper Tbk stock overvalued right now?
PT Indah Kiat Pulp & Paper Tbk (PIKQF) has a current EV-to-EBIT of 4.27. The stock's GF Value™ is $0.68, compared to a current price of $0.53 — trading 22% below its estimated fair value. The current EV-to-EBIT is 4.27, which is 31% below median its 10-year median of 6.19 and 70.5% below the Forest Products industry median of 14.46. PT Indah Kiat Pulp & Paper Tbk's overall GF Score™ is 97/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-EBIT calculated?
EV-to-EBIT is calculated from a company's financial statements. For PT Indah Kiat Pulp & Paper Tbk (PIKQF), the current EV-to-EBIT is 4.27 as of Jul. 17, 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 Indah Kiat Pulp & Paper Tbk (PIKQF) Overvalued in 2026?

Based on GuruFocus' analysis, PT Indah Kiat Pulp & Paper Tbk stock appears to be undervalued. The current stock price of $0.53 is trading 22% below its estimated GF Value™ of $0.68.

Key valuation signals for PIKQF:

  • EV-to-EBIT: 4.27 (31% below median its 10-year median of 6.19)
  • GF Value™: $0.68 vs. price of $0.53 (22% below fair value)
  • GF Score™: 97/100 with 4 warning signs
  • Industry Position: 70.5% below the Forest Products median (#17 of 191)

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


PT Indah Kiat Pulp & Paper Tbk Business Description

Other Exchanges INKP:IndonesiaIKP:Germany
Address Jalan M.H. Thamrin No. 51, Tower 2, 9th Floor, Building Sinar Mas Land Plaza, Jakarta, IDN, 10350
PT Indah Kiat Pulp & Paper Tbk manufactures paper, pulp, and packaging paper. The company's operating segments are: cultural paper and pulp, which derives maximum revenue; and industrial paper and tissue products. Its cultural paper and pulp products segment consists of cultural paper and other related cultural paper products and pulp. The industrial paper and tissue products segment consists of linerboard, corrugating medium, corrugated shipping containers, and boxboard. Geographically, the company generates maximum revenue from Indonesia, and the rest from Asia, Europe, America, the Middle East, Africa, and Australia.
97GF Score

Get the complete analysis for PIKQF

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

$0.53
Price
$0.68
GF Value