PT TBS Energi Utama Tbk (ISX:TOBA) Enterprise Value: Rp9,045,305 Mil (As of Jul. 05, 2026) ***


ISX:TOBA PT TBS Energi Utama Tbk ISX:TOBA
64 GF Score
Price Rp376.00
GF Value Rp318.38
Valuation Modestly Overvalued
! 6 Warning Signs
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What is PT TBS Energi Utama Tbk Enterprise Value?

PT TBS Energi Utama Tbk ISX:TOBA +2.73% 64 Enterprise Value is Rp9,045,305 Mil as of Jul. 05, 2026. GuruFocus rates ISX:TOBA with a GF Score™ of 64/100 and a GF Value™ of Rp318.38 (Modestly Overvalued). The stock has 6 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 TBS Energi Utama Tbk's Enterprise Value is Rp9,045,305 Mil. PT TBS Energi Utama Tbk's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was Rp-1,712,408 Mil. Therefore, PT TBS Energi Utama Tbk's EV-to-EBIT ratio for today is -5.28.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, PT TBS Energi Utama Tbk's Enterprise Value is Rp9,045,305 Mil. PT TBS Energi Utama Tbk's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 was Rp-1,416,366 Mil. Therefore, PT TBS Energi Utama Tbk's EV-to-EBITDA ratio for today is -6.39.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, PT TBS Energi Utama Tbk's Enterprise Value is Rp9,045,305 Mil. PT TBS Energi Utama Tbk's Revenue for the trailing twelve months (TTM) ended in Mar. 2026 was Rp6,315,232 Mil. Therefore, PT TBS Energi Utama Tbk's EV-to-Revenue ratio for today is 1.43.

EV-to-OCF is calculated as Enterprise Value divided by its Cash Flow from Operations. As of today, PT TBS Energi Utama Tbk's Enterprise Value is Rp9,045,305 Mil. PT TBS Energi Utama Tbk's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 was Rp311,387 Mil. Therefore, PT TBS Energi Utama Tbk's EV-to-OCF ratio for today is 29.05.

EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow. As of today, PT TBS Energi Utama Tbk's Enterprise Value is Rp9,045,305 Mil. PT TBS Energi Utama Tbk's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was Rp-375,183 Mil. Therefore, PT TBS Energi Utama Tbk's EV-to-FCF ratio for today is -24.11.

*** 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 TBS Energi Utama Tbk  (ISX:TOBA) 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 TBS Energi Utama Tbk's EV-to-EBIT for today is

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=9045305.335/-1712407.522
=-5.28

PT TBS Energi Utama Tbk's current Enterprise Value is Rp9,045,305 Mil.
PT TBS Energi Utama 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 Rp-1,712,408 Mil.

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

PT TBS Energi Utama Tbk's EV-to-EBITDA for today is:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA(TTM)
=9045305.335/-1416366.074
=-6.39

PT TBS Energi Utama Tbk's current Enterprise Value is Rp9,045,305 Mil.
PT TBS Energi Utama 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 Rp-1,416,366 Mil.

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

PT TBS Energi Utama Tbk's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=9045305.335/6315232.147
=1.43

PT TBS Energi Utama Tbk's current Enterprise Value is Rp9,045,305 Mil.
PT TBS Energi Utama 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 Rp6,315,232 Mil.

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

PT TBS Energi Utama Tbk's EV-to-OCF for today is:

EV-to-OCF=Enterprise Value (Today)/Cash Flow from Operations (TTM)
=9045305.335/311386.965
=29.05

PT TBS Energi Utama Tbk's current Enterprise Value is Rp9,045,305 Mil.
PT TBS Energi Utama 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 Rp311,387 Mil.

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

PT TBS Energi Utama Tbk's EV-to-FCF for today is:

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=9045305.335/-375182.796
=-24.11

PT TBS Energi Utama Tbk's current Enterprise Value is Rp9,045,305 Mil.
PT TBS Energi Utama 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-375,183 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 TBS Energi Utama Tbk Enterprise Value Related Terms


PT TBS Energi Utama Tbk Enterprise Value Historical Data

* Premium members only.

The historical data trend for PT TBS Energi Utama 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 TBS Energi Utama Tbk Enterprise Value Chart

PT TBS Energi Utama 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 14,449,294.75 10,305,402.56 9,425,267.36 8,918,189.84 11,593,502.20

PT TBS Energi Utama 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 9,700,048.75 11,202,054.48 15,395,660.87 11,593,502.20 10,434,198.07

PT TBS Energi Utama Tbk Enterprise Value Competitor Comparison

For the Thermal Coal subindustry, PT TBS Energi Utama 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 TBS Energi Utama Tbk Enterprise Value vs Other Energy Sources Industry

For the Other Energy Sources industry and Energy sector, PT TBS Energi Utama Tbk's Enterprise Value distribution charts can be found below:

* The bar in red indicates where PT TBS Energi Utama Tbk's Enterprise Value falls into.


ISX:TOBA
64GF Score
PT TBS Energi Utama Tbk ISX:TOBA
Enterprise Value is just one metric. See GF Score™, valuation, warning signs, and more.
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PT TBS Energi Utama 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 TBS Energi Utama 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
=6104526.4+0+5295106.316
+Short-Term Debt & Capital Lease Obligation+Minority Interest-Cash, Cash Equivalents, Marketable Securities
+1269908.629+354308.016-1430347.157
=11,593,502

PT TBS Energi Utama 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
=4825875.6+0+5759129.154
+Short-Term Debt & Capital Lease Obligation+Minority Interest-Cash, Cash Equivalents, Marketable Securities
+987760.077+351808.901-1490375.662
=10,434,198

* 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 Rp9,045,305 Mil mean?
PT TBS Energi Utama Tbk (ISX:TOBA) has a Enterprise Value of Rp9,045,305 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 TBS Energi Utama Tbk and its competitors.
Is PT TBS Energi Utama Tbk's Enterprise Value too high?
PT TBS Energi Utama Tbk's current Enterprise Value is Rp9,045,305 Mil. Overall, PT TBS Energi Utama Tbk has a GF Score™ of 64/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does PT TBS Energi Utama Tbk's Enterprise Value compare to competitors?
PT TBS Energi Utama Tbk's Enterprise Value of Rp9,045,305 Mil can be compared against companies in the Other Energy Sources 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 an Other Energy Sources company?
A good Enterprise Value depends on the Other Energy Sources 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 TBS Energi Utama Tbk and its competitors. PT TBS Energi Utama Tbk's current Enterprise Value is Rp9,045,305 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT TBS Energi Utama Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT TBS Energi Utama Tbk (ISX:TOBA) is currently considered Modestly Overvalued. The stock's GF Value™ is Rp318.38, compared to a current price of Rp376.00 — trading 18.1% above its estimated fair value. The current Enterprise Value is Rp9,045,305 Mil. PT TBS Energi Utama Tbk's overall GF Score™ is 64/100 with 6 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 TBS Energi Utama Tbk (ISX:TOBA), the current Enterprise Value is Rp9,045,305 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 TBS Energi Utama Tbk (ISX:TOBA) Overvalued in 2026?

Based on GuruFocus' analysis, PT TBS Energi Utama Tbk stock appears to be overvalued. The current stock price of Rp376.00 is trading 18.1% above its estimated GF Value™ of Rp318.38. GuruFocus considers PT TBS Energi Utama Tbk to be Modestly Overvalued.

Key valuation signals for ISX:TOBA:

  • Enterprise Value: Rp9,045,305 Mil
  • GF Value™: Rp318.38 vs. price of Rp376.00 (18.1% above fair value)
  • GF Score™: 64/100 with 6 warning signs

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


PT TBS Energi Utama Tbk Business Description

Other Exchanges 6AU:Germany
Address Jalan Jend Sudirman Kav. 52-53, Treasury Tower, Level 33, Office District 8, SCBD Lot 28, Jakarta, IDN, 12190
PT TBS Energi Utama Tbk is an integrated energy company operating in Indonesia and Singapore. The company has a diversified business portfolio that includes waste management, renewable energy, and electric vehicles. It is involved in activities aimed at lowering carbon emissions and developing low-carbon energy solutions. The company operates across various locations such as Gorontalo, East Kalimantan, Batam, Lampung, and Central Java. The Group operating segments are coal mining, coal trading, IPP, waste management and others. It derives maximum revenue from Waste Management segment. Geographically, the group operates Overseas as well as Domestic. It generates majority revenue from Overseas.
64GF Score

Get the complete analysis for ISX:TOBA

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

Rp376.00
Price
Rp318.38
GF Value