PT City Retail Developments Tbk (ISX:NIRO) Enterprise Value: Rp11,954,018 Mil (As of Jul. 05, 2026) ***


ISX:NIRO PT City Retail Developments Tbk ISX:NIRO
76 GF Score
Price Rp132.00
GF Value Rp201.69
Valuation Possible Value Trap
! 3 Warning Signs
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What is PT City Retail Developments Tbk Enterprise Value?

PT City Retail Developments Tbk ISX:NIRO 76 Enterprise Value is Rp11,954,018 Mil as of Jul. 05, 2026. GuruFocus rates ISX:NIRO with a GF Score™ of 76/100 and a GF Value™ of Rp201.69 (Possible Value Trap). The stock has 3 warning signs investors should review.

Think of Enterprise Value as the theoretical takeover price. It is more comprehensive than market capitalization (Market Cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, PT City Retail Developments Tbk's Enterprise Value is Rp11,954,018 Mil. PT City Retail Developments Tbk's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was Rp415,392 Mil. Therefore, PT City Retail Developments Tbk's EV-to-EBIT ratio for today is 28.78.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, PT City Retail Developments Tbk's Enterprise Value is Rp11,954,018 Mil. PT City Retail Developments Tbk's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 was Rp437,283 Mil. Therefore, PT City Retail Developments Tbk's EV-to-EBITDA ratio for today is 27.34.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, PT City Retail Developments Tbk's Enterprise Value is Rp11,954,018 Mil. PT City Retail Developments Tbk's Revenue for the trailing twelve months (TTM) ended in Mar. 2026 was Rp1,575,532 Mil. Therefore, PT City Retail Developments Tbk's EV-to-Revenue ratio for today is 7.59.

EV-to-OCF is calculated as Enterprise Value divided by its Cash Flow from Operations. As of today, PT City Retail Developments Tbk's Enterprise Value is Rp11,954,018 Mil. PT City Retail Developments Tbk's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 was Rp-563,251 Mil. Therefore, PT City Retail Developments Tbk's EV-to-OCF ratio for today is -21.22.

EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow. As of today, PT City Retail Developments Tbk's Enterprise Value is Rp11,954,018 Mil. PT City Retail Developments Tbk's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was Rp-570,742 Mil. Therefore, PT City Retail Developments Tbk's EV-to-FCF ratio for today is -20.94.

*** Please note that the current Enterprise Value is calculated using the current market capitalization and the most recently available financial data. If key financial fields—Long-Term Debt & Capital Lease Obligation and Short-Term Debt & Capital Lease Obligation—are recorded as null in the latest reporting period, our data vendor will default to using data from the prior period with valid entries.


PT City Retail Developments Tbk  (ISX:NIRO) Enterprise Value Explanation

When an investor buy a company, the investor needs to pay not only the common shares, he/she also needs to pay the shareholders of Preferred Stocks. He also assumes the debt of the company, and receives the cash on the company's balance sheet.

If a company has more cash than debt, the investor actually pays less than the Market Cap because he immediately owns the cash once the transaction goes through.

The market value of Preferred Stock needs to be added to the market value of common stocks in the calculation of Enterprise Value.

For the companies with the same Market Cap, the smaller the Enterprise Value is, the cheaper the company is.

Enterprise Value can be negative when the company's net cash is more than its Market Cap. In this case the investor is basically getting the company for free and get paid for that.

1. EV-to-EBIT is calculated as Enterprise Value divided by its EBIT.

PT City Retail Developments Tbk's EV-to-EBIT for today is

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=11954017.603/415391.667
=28.78

PT City Retail Developments Tbk's current Enterprise Value is Rp11,954,018 Mil.
PT City Retail Developments 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 Rp415,392 Mil.

2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.

PT City Retail Developments Tbk's EV-to-EBITDA for today is:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA(TTM)
=11954017.603/437282.616
=27.34

PT City Retail Developments Tbk's current Enterprise Value is Rp11,954,018 Mil.
PT City Retail Developments Tbk's EBITDA 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 Rp437,283 Mil.

3. EV-to-Revenue is calculated as Enterprise Value divided by its Revenue.

PT City Retail Developments Tbk's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=11954017.603/1575531.836
=7.59

PT City Retail Developments Tbk's current Enterprise Value is Rp11,954,018 Mil.
PT City Retail Developments Tbk's Revenue 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 Rp1,575,532 Mil.

4. EV-to-OCF is calculated as Enterprise Value divided by its Cash Flow from Operations.

PT City Retail Developments Tbk's EV-to-OCF for today is:

EV-to-OCF=Enterprise Value (Today)/Cash Flow from Operations (TTM)
=11954017.603/-563251.356
=-21.22

PT City Retail Developments Tbk's current Enterprise Value is Rp11,954,018 Mil.
PT City Retail Developments Tbk's Cash Flow from Operations 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 Rp-563,251 Mil.

5. EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow.

PT City Retail Developments Tbk's EV-to-FCF for today is:

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=11954017.603/-570742.386
=-20.94

PT City Retail Developments Tbk's current Enterprise Value is Rp11,954,018 Mil.
PT City Retail Developments Tbk's Free Cash Flow 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 Rp-570,742 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 City Retail Developments Tbk Enterprise Value Related Terms


PT City Retail Developments Tbk Enterprise Value Historical Data

* Premium members only.

The historical data trend for PT City Retail Developments Tbk's Enterprise Value 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 City Retail Developments Tbk Enterprise Value Chart

PT City Retail Developments Tbk Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Enterprise Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10,487,280.39 10,778,155.04 10,983,084.38 11,862,506.52 16,307,553.13

PT City Retail Developments Tbk Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Enterprise Value 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 11,884,978.77 12,128,547.44 11,761,209.74 16,307,553.13 13,019,563.49

ISX:NIRO vs CBRE, BEKE, JLL: Enterprise Value Comparison

For the Real Estate Services subindustry, PT City Retail Developments Tbk's Enterprise Value, along with its competitors' market caps and Enterprise Value 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 City Retail Developments Tbk Enterprise Value vs Real Estate Industry

For the Real Estate industry and Real Estate sector, PT City Retail Developments Tbk's Enterprise Value distribution charts can be found below:

* The bar in red indicates where PT City Retail Developments Tbk's Enterprise Value falls into.


ISX:NIRO
76GF Score
PT City Retail Developments Tbk ISX:NIRO
Enterprise Value is just one metric. See GF Score™, valuation, warning signs, and more.
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PT City Retail Developments Tbk Enterprise Value Calculation

Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.

PT City Retail Developments Tbk's Enterprise Value for the fiscal year that ended in Dec. 2025 is calculated as

Enterprise Value (A: Dec. 2025 )
=Market Cap+Preferred Stock+Long-Term Debt & Capital Lease Obligation
=7281230.016+0+6399038.873
+Short-Term Debt & Capital Lease Obligation+Minority Interest-Cash, Cash Equivalents, Marketable Securities
+1198544.846+3083177.111-1654437.712
=16,307,553

PT City Retail Developments Tbk's Enterprise Value for the quarter that ended in Mar. 2026 is calculated as

Enterprise Value (Q: Mar. 2026 )
=Market Cap+Preferred Stock+Long-Term Debt & Capital Lease Obligation
=3995796.96+0+6296525.302
+Short-Term Debt & Capital Lease Obligation+Minority Interest-Cash, Cash Equivalents, Marketable Securities
+1262200.577+3032645.836-1567605.19
=13,019,563

* 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 Enterprise Value →
What does a Enterprise Value of Rp11,954,018 Mil mean?
PT City Retail Developments Tbk (ISX:NIRO) has a Enterprise Value of Rp11,954,018 Mil as of Jul. 05, 2026. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on PT City Retail Developments Tbk and its competitors.
Is PT City Retail Developments Tbk's Enterprise Value too high?
PT City Retail Developments Tbk's current Enterprise Value is Rp11,954,018 Mil. Overall, PT City Retail Developments Tbk has a GF Score™ of 76/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does PT City Retail Developments Tbk's Enterprise Value compare to CBRE and BEKE?
PT City Retail Developments Tbk's Enterprise Value of Rp11,954,018 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 Enterprise Value for a Real Estate company?
A good Enterprise Value depends on the Real Estate industry context. However, Enterprise Value 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 Enterprise Value mean?
A high Enterprise Value can signal that a stock is expensive relative to its fundamentals. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on PT City Retail Developments Tbk and its competitors. PT City Retail Developments Tbk's current Enterprise Value is Rp11,954,018 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT City Retail Developments Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT City Retail Developments Tbk (ISX:NIRO) is currently considered Possible Value Trap. The stock's GF Value™ is Rp201.69, compared to a current price of Rp132.00 — trading 34.6% below its estimated fair value. The current Enterprise Value is Rp11,954,018 Mil. PT City Retail Developments Tbk's overall GF Score™ is 76/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Enterprise Value calculated?
Enterprise Value is calculated from a company's financial statements. For PT City Retail Developments Tbk (ISX:NIRO), the current Enterprise Value is Rp11,954,018 Mil as of Jul. 05, 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 City Retail Developments Tbk (ISX:NIRO) Overvalued in 2026?

Based on GuruFocus' analysis, PT City Retail Developments Tbk stock appears to be undervalued. The current stock price of Rp132.00 is trading 34.6% below its estimated GF Value™ of Rp201.69. GuruFocus considers PT City Retail Developments Tbk to be Possible Value Trap.

Key valuation signals for ISX:NIRO:

  • Enterprise Value: Rp11,954,018 Mil
  • GF Value™: Rp201.69 vs. price of Rp132.00 (34.6% below fair value)
  • GF Score™: 76/100 with 3 warning signs

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


PT City Retail Developments Tbk Business Description

Address Jalan Jend. Gatot Subroto No. 38, Gedung Menara Jamsostek, Menara Utara Floor 8, Kuningan Barat, Mampang Prapatan, Selatan, Jakarta, IDN, 12710
PT City Retail Developments Tbk is an Indonesia-based lease retail developer. It develops, operates, and owns shopping malls across Indonesia's young and upstart cities. The Company's business segments are Shopping Mall, Hotel, Shop House and Others. It generates maximum revenue from the Shopping Mall segment.
76GF Score

Get the complete analysis for ISX:NIRO

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

Rp132.00
Price
Rp201.69
GF Value