PT Merdeka Copper Gold Tbk (ISX:MDKA) EV-to-FCF: -62.43 (As of Jul. 24, 2026)

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ISX:MDKA PT Merdeka Copper Gold Tbk ISX:MDKA
93 GF Score
Price Rp2,650.00
GF Value Rp3,367.98
Valuation Modestly Undervalued
! 6 Warning Signs
View Full Analysis

What is PT Merdeka Copper Gold Tbk EV-to-FCF?

PT Merdeka Copper Gold Tbk ISX:MDKA -4.68% 93 EV-to-FCF is -62.43 as of Jul. 24, 2026. GuruFocus rates ISX:MDKA with a GF Score™ of 93/100 and a GF Value™ of Rp3,367.98 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 446 Metals & Mining companies, PT Merdeka Copper Gold Tbk ranks worse than 224215.02% on this metric.

EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, PT Merdeka Copper Gold Tbk's Enterprise Value is Rp136,138,657 Mil. PT Merdeka Copper Gold Tbk's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was Rp-2,180,747 Mil. Therefore, PT Merdeka Copper Gold Tbk's EV-to-FCF for today is -62.43.

The historical rank and industry rank for PT Merdeka Copper Gold Tbk's EV-to-FCF or its related term are showing as below:

ISX:MDKA' s EV-to-FCF Range Over the Past 10 Years
Min: -847.11   Med: -13.57   Max: 360.79
Current: -61.15

During the past 12 years, the highest EV-to-FCF of PT Merdeka Copper Gold Tbk was 360.79. The lowest was -847.11. And the median was -13.57.

ISX:MDKA's EV-to-FCF is ranked worse than
100% of 446 companies
in the Metals & Mining industry
Industry Median: 18.445 vs ISX:MDKA: -61.15

EV-to-FCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. 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.

As of today (2026-07-24), PT Merdeka Copper Gold Tbk's stock price is Rp2650.00. PT Merdeka Copper Gold Tbk's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was Rp0.687. Therefore, PT Merdeka Copper Gold Tbk's PE Ratio (TTM) for today is 3,857.35.


PT Merdeka Copper Gold Tbk  (ISX:MDKA) EV-to-FCF Explanation

EV-to-FCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. 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 Merdeka Copper Gold Tbk's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=2650.00/0.687
=3,857.35

PT Merdeka Copper Gold Tbk's share price for today is Rp2650.00.
PT Merdeka Copper Gold Tbk's Earnings per Share (Diluted) 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 Rp0.687.

* 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.

Enterprise Value is used because it is a more complete measure in reflecting how much an investor pays when buying a company. Free Cash Flow is an important financial metric because it represents the actual amount of cash at a company's disposal. Companies with a low EV-to-FCF ratio, combined with a strong balance sheet are generally considered as undervalued.


PT Merdeka Copper Gold Tbk EV-to-FCF Related Terms


PT Merdeka Copper Gold Tbk EV-to-FCF Historical Data

* Premium members only.

The historical data trend for PT Merdeka Copper Gold Tbk's EV-to-FCF 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 Merdeka Copper Gold Tbk EV-to-FCF Chart

PT Merdeka Copper Gold Tbk Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EV-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 291.54 -29.00 -12.72 -20.97 -24.53

PT Merdeka Copper Gold 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-FCF 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 -23.33 -50.09 -26.91 -24.53 -65.67

PT Merdeka Copper Gold Tbk EV-to-FCF Competitor Comparison

For the Other Industrial Metals & Mining subindustry, PT Merdeka Copper Gold Tbk's EV-to-FCF, along with its competitors' market caps and EV-to-FCF 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 Merdeka Copper Gold Tbk EV-to-FCF vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, PT Merdeka Copper Gold Tbk's EV-to-FCF distribution charts can be found below:

* The bar in red indicates where PT Merdeka Copper Gold Tbk's EV-to-FCF falls into.


ISX:MDKA
93GF Score
PT Merdeka Copper Gold Tbk ISX:MDKA
EV-to-FCF is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

PT Merdeka Copper Gold Tbk EV-to-FCF Calculation

PT Merdeka Copper Gold Tbk's EV-to-FCF for today is calculated as:

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=136138657.008/-2180746.543
=-62.43

PT Merdeka Copper Gold Tbk's current Enterprise Value is Rp136,138,657 Mil.
PT Merdeka Copper Gold 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-2,180,747 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-FCF →
What does a EV-to-FCF of -62.43 mean?
PT Merdeka Copper Gold Tbk (ISX:MDKA) has a EV-to-FCF of -62.43 as of Jul. 24, 2026. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on PT Merdeka Copper Gold Tbk and its competitors. According to the industry distribution chart, PT Merdeka Copper Gold Tbk ranks #999999 out of 446 companies in the Metals & Mining industry.
Is PT Merdeka Copper Gold Tbk's EV-to-FCF too high?
PT Merdeka Copper Gold Tbk's current EV-to-FCF is -62.43. Based on the distribution chart, PT Merdeka Copper Gold Tbk ranks #999999 out of 446 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers. Overall, PT Merdeka Copper Gold Tbk has a GF Score™ of 93/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does PT Merdeka Copper Gold Tbk's EV-to-FCF compare to competitors?
According to the Metals & Mining industry distribution chart, PT Merdeka Copper Gold Tbk ranks #999999 out of 446 companies for EV-to-FCF. This places PT Merdeka Copper Gold Tbk in the lower half of its industry. The industry median EV-to-FCF is 18.45. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-FCF for a Metals & Mining company?
The median EV-to-FCF among Metals & Mining companies is 18.45, based on 446 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-FCF significantly above this median, while those in the bottom quartile fall well below. However, EV-to-FCF 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 EV-to-FCF mean?
A high EV-to-FCF can signal that a stock is expensive relative to its fundamentals. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on PT Merdeka Copper Gold Tbk and its competitors. For the Metals & Mining industry, the median EV-to-FCF is 18.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT Merdeka Copper Gold Tbk's current EV-to-FCF is -62.43. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Merdeka Copper Gold Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Merdeka Copper Gold Tbk (ISX:MDKA) is currently considered Modestly Undervalued. The stock's GF Value™ is Rp3,367.98, compared to a current price of Rp2,650.00 — trading 21.3% below its estimated fair value. The current EV-to-FCF is -62.43. PT Merdeka Copper Gold Tbk's overall GF Score™ is 93/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-FCF calculated?
EV-to-FCF is calculated from a company's financial statements. For PT Merdeka Copper Gold Tbk (ISX:MDKA), the current EV-to-FCF is -62.43 as of Jul. 24, 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 Merdeka Copper Gold Tbk (ISX:MDKA) Overvalued in 2026?

Based on GuruFocus' analysis, PT Merdeka Copper Gold Tbk stock appears to be undervalued. The current stock price of Rp2,650.00 is trading 21.3% below its estimated GF Value™ of Rp3,367.98. GuruFocus considers PT Merdeka Copper Gold Tbk to be Modestly Undervalued.

Key valuation signals for ISX:MDKA:

  • EV-to-FCF: -62.43
  • GF Value™: Rp3,367.98 vs. price of Rp2,650.00 (21.3% below fair value)
  • GF Score™: 93/100 with 6 warning signs

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


PT Merdeka Copper Gold Tbk Business Description

Other Exchanges B0C:Germany
Address Jalan Jenderal Sudirman Kav. 52-53, Treasury Tower, 67th-68th Floor, District 8 SCBD Lot. 28, Senayan, Kebayoran Baru, South Jakarta, Jakarta, IDN, 12190
PT Merdeka Copper Gold Tbk is a holding company. Along with its subsidiary, the company engages in the field of mining and other management consultancy activities. The company's gold projects consist of the Tujuh Bukit Gold Mine and the Pani Gold Project. The copper projects include Wetar Copper Mine and Tujuh Bukit Copper Project. The Nickel project comprises SCM Mine, RKEF Smelters, Nickel Matte Converter, AIM Project, HPAL Facilities, and IKIP. The majority of the company's revenue is generated by the Nickel segment.
93GF Score

Get the complete analysis for ISX:MDKA

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

Rp2,650.00
Price
Rp3,367.98
GF Value