PT Goto Gojek Tokopedia Tbk (ISX:GOTO) EV-to-EBITDA: 23.31 (As of Aug. 21, 2026)

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ISX:GOTO PT Goto Gojek Tokopedia Tbk ISX:GOTO
73 GF Score
Price Rp50.00
GF Value Rp80.93
Valuation Possible Value Trap
! 4 Warning Signs
View Full Analysis

What is PT Goto Gojek Tokopedia Tbk EV-to-EBITDA?

PT Goto Gojek Tokopedia Tbk ISX:GOTO 73 EV-to-EBITDA is 23.31 as of Aug. 21, 2026. GuruFocus rates ISX:GOTO with a GF Score™ of 73/100 and a GF Value™ of Rp80.93 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 1,965 Software companies, PT Goto Gojek Tokopedia Tbk ranks worse than 75.11% on this metric.

EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, PT Goto Gojek Tokopedia Tbk's enterprise value is Rp36,472,615 Mil. PT Goto Gojek Tokopedia Tbk's EBITDA for the trailing twelve months (TTM) ended in Jun. 2026 was Rp1,564,676 Mil. Therefore, PT Goto Gojek Tokopedia Tbk's EV-to-EBITDA for today is 23.31.

The historical rank and industry rank for PT Goto Gojek Tokopedia Tbk's EV-to-EBITDA or its related term are showing as below:

ISX:GOTO' s EV-to-EBITDA Range Over the Past 10 Years
Min: -344.27   Med: -2.43   Max: 302.08
Current: 23.31

During the past 8 years, the highest EV-to-EBITDA of PT Goto Gojek Tokopedia Tbk was 302.08. The lowest was -344.27. And the median was -2.43.

ISX:GOTO's EV-to-EBITDA is ranked worse than
75.11% of 1965 companies
in the Software industry
Industry Median: 10.46 vs ISX:GOTO: 23.31

EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.

As of today (2026-08-21), PT Goto Gojek Tokopedia Tbk's stock price is Rp50.00. PT Goto Gojek Tokopedia Tbk's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 was Rp-0.020. Therefore, PT Goto Gojek Tokopedia Tbk's PE Ratio (TTM) for today is At Loss.

The "classic" EV-to-EBITDA is much better in capturing debt and net cash than the PE Ratio (TTM).


PT Goto Gojek Tokopedia Tbk  (ISX:GOTO) EV-to-EBITDA Explanation

EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.

PT Goto Gojek Tokopedia Tbk's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=50.00/-0.020
=At Loss

PT Goto Gojek Tokopedia Tbk's share price for today is Rp50.00.
PT Goto Gojek Tokopedia Tbk's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was Rp-0.020.

* 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.

Study has found that the companies with the lowest EV-to-EBITDA outperforms companies measured as cheap by other ratios such as PE Ratio (TTM).

Please read Which price ratio outperforms the enterprise multiple?


PT Goto Gojek Tokopedia Tbk EV-to-EBITDA Related Terms


PT Goto Gojek Tokopedia Tbk EV-to-EBITDA Historical Data

* Premium members only.

The historical data trend for PT Goto Gojek Tokopedia Tbk's EV-to-EBITDA 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 Goto Gojek Tokopedia Tbk EV-to-EBITDA Chart

PT Goto Gojek Tokopedia Tbk Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EV-to-EBITDA
Get a 7-Day Free Trial 0.00 -1.78 -0.76 -14.02 273.78

PT Goto Gojek Tokopedia Tbk Quarterly Data
Jul21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
EV-to-EBITDA 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 -24.92 -262.01 273.78 39.60 23.31

ISX:GOTO vs MSFT, ORCL, PLTR: EV-to-EBITDA Comparison

For the Software - Infrastructure subindustry, PT Goto Gojek Tokopedia Tbk's EV-to-EBITDA, along with its competitors' market caps and EV-to-EBITDA 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 Goto Gojek Tokopedia Tbk EV-to-EBITDA vs Software Industry

For the Software industry and Technology sector, PT Goto Gojek Tokopedia Tbk's EV-to-EBITDA distribution charts can be found below:

* The bar in red indicates where PT Goto Gojek Tokopedia Tbk's EV-to-EBITDA falls into.


ISX:GOTO
73GF Score
PT Goto Gojek Tokopedia Tbk ISX:GOTO
EV-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

PT Goto Gojek Tokopedia Tbk EV-to-EBITDA Calculation

PT Goto Gojek Tokopedia Tbk's EV-to-EBITDA for today is calculated as:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA (TTM)
=36472615.041/1564676
=23.31

PT Goto Gojek Tokopedia Tbk's current Enterprise Value is Rp36,472,615 Mil.
PT Goto Gojek Tokopedia Tbk's EBITDA for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was Rp1,564,676 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-EBITDA →
What does a EV-to-EBITDA of 23.31 mean?
PT Goto Gojek Tokopedia Tbk (ISX:GOTO) has a EV-to-EBITDA of 23.31 as of Aug. 21, 2026. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on PT Goto Gojek Tokopedia Tbk. According to the industry distribution chart, PT Goto Gojek Tokopedia Tbk ranks #1476 out of 1965 companies in the Software industry, placing it in the top 75.1%.
Is PT Goto Gojek Tokopedia Tbk's EV-to-EBITDA too high?
PT Goto Gojek Tokopedia Tbk's current EV-to-EBITDA is 23.31. The Software industry median EV-to-EBITDA is 10.46. PT Goto Gojek Tokopedia Tbk's value of 23.31 is 122.8% above this industry median. Based on the distribution chart, PT Goto Gojek Tokopedia Tbk ranks #1476 out of 1965 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, PT Goto Gojek Tokopedia Tbk has a GF Score™ of 73/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does PT Goto Gojek Tokopedia Tbk's EV-to-EBITDA compare to MSFT and ORCL?
According to the Software industry distribution chart, PT Goto Gojek Tokopedia Tbk ranks #1476 out of 1965 companies for EV-to-EBITDA. This places PT Goto Gojek Tokopedia Tbk in the lower half of its industry. The industry median EV-to-EBITDA is 10.46. PT Goto Gojek Tokopedia Tbk's value of 23.31 is 122.8% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-EBITDA for a Software company?
The median EV-to-EBITDA among Software companies is 10.46, based on 1,965 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, EV-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. PT Goto Gojek Tokopedia Tbk's current EV-to-EBITDA of 23.31 is 122.8% above 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-EBITDA mean?
A high EV-to-EBITDA can signal that a stock is expensive relative to its fundamentals. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on PT Goto Gojek Tokopedia Tbk. For the Software industry, the median EV-to-EBITDA is 10.46 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT Goto Gojek Tokopedia Tbk's current EV-to-EBITDA is 23.31. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Goto Gojek Tokopedia Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Goto Gojek Tokopedia Tbk (ISX:GOTO) is currently considered Possible Value Trap. The stock's GF Value™ is Rp80.93, compared to a current price of Rp50.00 — trading 38.2% below its estimated fair value. The current EV-to-EBITDA is 23.31 and 122.8% above the Software industry median of 10.46. PT Goto Gojek Tokopedia Tbk's overall GF Score™ is 73/100 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-EBITDA calculated?
EV-to-EBITDA is calculated from a company's financial statements. For PT Goto Gojek Tokopedia Tbk (ISX:GOTO), the current EV-to-EBITDA is 23.31 as of Aug. 21, 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 Goto Gojek Tokopedia Tbk (ISX:GOTO) Overvalued in 2026?

Based on GuruFocus' analysis, PT Goto Gojek Tokopedia Tbk stock appears to be undervalued. The current stock price of Rp50.00 is trading 38.2% below its estimated GF Value™ of Rp80.93. GuruFocus considers PT Goto Gojek Tokopedia Tbk to be Possible Value Trap.

Key valuation signals for ISX:GOTO:

  • EV-to-EBITDA: 23.31
  • GF Value™: Rp80.93 vs. price of Rp50.00 (38.2% below fair value)
  • GF Score™: 73/100 with 4 warning signs
  • Industry Position: 122.8% above the Software median (#1476 of 1965)

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


PT Goto Gojek Tokopedia Tbk Business Description

Other Exchanges GTOFF:USACK8:Germany
Address Jalan Iskandarsyah II No. 2, Gedung Pasaraya Blok M, 6-7th Floor, Jakarta, IDN, 12160
GoTo is an Indonesian ecosystem that combines ride-hailing, delivery, and financial services under one app. The company operates primarily in Indonesia and is the product of a merger between Gojek and Tokopedia in May 2021, but recently divested the e-commerce business into a combined entity with TikTok Indonesia in 2024. Looking ahead, we expect the financial services business to account for the majority of revenue while its on-demand business begins to become less of a priority. Prior to the deconsolidation, 82% of nonfinancial services' gross transactional value came from e-commerce, and the firm will begin to expand into financial services such as providing loans and buy-now, pay-later programs. The company competes with Grab in the ride-hailing and delivery business.
73GF Score

Get the complete analysis for ISX:GOTO

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

Rp50.00
Price
Rp80.93
GF Value