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.
*** 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 Jasa Marga (Persero) Tbk (STU:0JM) 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 Jasa Marga (Persero) Tbk's EV-to-EBIT for today is
PT Jasa Marga (Persero) Tbk's current Enterprise Value is €5,716 Mil.
PT Jasa Marga (Persero) 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 €522 Mil.
2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.
PT Jasa Marga (Persero) Tbk's EV-to-EBITDA for today is:
PT Jasa Marga (Persero) Tbk's current Enterprise Value is €5,716 Mil.
PT Jasa Marga (Persero) 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 €528 Mil.
PT Jasa Marga (Persero) Tbk's current Enterprise Value is €5,716 Mil.
PT Jasa Marga (Persero) 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 €1,515 Mil.
PT Jasa Marga (Persero) Tbk's current Enterprise Value is €5,716 Mil.
PT Jasa Marga (Persero) 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 €322 Mil.
PT Jasa Marga (Persero) Tbk's current Enterprise Value is €5,716 Mil.
PT Jasa Marga (Persero) 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 €-295 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 Jasa Marga (Persero) Tbk Enterprise Value Related Terms
PT Jasa Marga (Persero) Tbk Enterprise Value Historical Data
* 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 Jasa Marga (Persero) Tbk Enterprise Value Chart
PT Jasa Marga (Persero) Tbk Enterprise Value Competitor Comparison
For the Infrastructure Operations subindustry, PT Jasa Marga (Persero) 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 Jasa Marga (Persero) Tbk Enterprise Value vs Construction Industry
For the Construction industry and Industrials sector, PT Jasa Marga (Persero) Tbk's Enterprise Value distribution charts can be found below:
* The bar in red indicates where PT Jasa Marga (Persero) Tbk's Enterprise Value falls into.
PT Jasa Marga (Persero) 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.
* 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 Jasa Marga (Persero) Tbk (STU:0JM) has a Enterprise Value of €5,716 Mil as of Jun. 25, 2026. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on PT Jasa Marga (Persero) Tbk and its competitors.
Is PT Jasa Marga (Persero) Tbk's Enterprise Value too high?
PT Jasa Marga (Persero) Tbk's current Enterprise Value is €5,716 Mil. Overall, PT Jasa Marga (Persero) Tbk has a GF Score™ of 81/100, reflecting its overall financial health beyond just this single metric.
How does PT Jasa Marga (Persero) Tbk's Enterprise Value compare to competitors?
PT Jasa Marga (Persero) Tbk's Enterprise Value of €5,716 Mil can be compared against companies in the Construction 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 Construction company?
A good Enterprise Value depends on the Construction 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 Jasa Marga (Persero) Tbk and its competitors. PT Jasa Marga (Persero) Tbk's current Enterprise Value is €5,716 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Jasa Marga (Persero) Tbk stock overvalued right now?
PT Jasa Marga (Persero) Tbk (STU:0JM) has a current Enterprise Value of €5,716 Mil. The stock's GF Value™ is €0.18, compared to a current price of €0.12 — trading 31.1% below its estimated fair value. The current Enterprise Value is €5,716 Mil. PT Jasa Marga (Persero) Tbk's overall GF Score™ is 81/100 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 Jasa Marga (Persero) Tbk (STU:0JM), the current Enterprise Value is €5,716 Mil as of Jun. 25, 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 Jasa Marga (Persero) Tbk (STU:0JM) Overvalued in 2026?
Based on GuruFocus' analysis, PT Jasa Marga (Persero) Tbk stock appears to be undervalued.
The current stock price of €0.12 is trading 31.1% below its estimated GF Value™ of €0.18.
Key valuation signals for STU:0JM:
Enterprise Value: €5,716 Mil
GF Value™: €0.18 vs. price of €0.12 (31.1% below fair value)
No single metric tells the full story. See the STU:0JM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
PT Jasa Marga (Persero) Tbk is an industrial company that constructs and operates toll roads. The company organizes operations into five segments: toll road business, operations, maintenance, Related business, and others. The toll business segment, which contributes the vast majority of revenue, works on increasing ownership of the company's toll road assets. The operating segment is engaged in operating toll roads, while the maintenance segment provides toll road maintenance services. The other business segment operates fuel stations, leases and sells property assets, and earns advertising revenue.
81GF Score
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