PT Multikarya Asia Pasifik Raya Tbk (ISX:MKAP) Graham Number: Rp185.21 (As of Jun. 2026) — 13826% Above Median

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ISX:MKAP PT Multikarya Asia Pasifik Raya Tbk ISX:MKAP
45 GF Score
Price Rp1,165.00
! 7 Warning Signs
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What is PT Multikarya Asia Pasifik Raya Tbk Graham Number?

PT Multikarya Asia Pasifik Raya Tbk ISX:MKAP 45 Graham Number is Rp185.21 as of Jun. 2026, which is 100% below its 10-year median of 1.33. GuruFocus rates ISX:MKAP with a GF Score™ of 45/100. The stock has 7 warning signs investors should review. Among 624 Oil & Gas companies, PT Multikarya Asia Pasifik Raya Tbk ranks worse than 97.28% on this metric.

Graham Number is a figure that measures a stock's fundamental value by taking into account the company's earnings per share and book value per share. The Graham number is the upper bound of the price range that a defensive investor should pay for the stock. According to the theory, any stock price below the Graham number is considered undervalued, and thus worth investing in.

As of today (2026-08-14), the stock price of PT Multikarya Asia Pasifik Raya Tbk is Rp1165.00. PT Multikarya Asia Pasifik Raya Tbk's graham number for the quarter that ended in Jun. 2026 was Rp185.21. Therefore, PT Multikarya Asia Pasifik Raya Tbk's Price to Graham Number ratio for today is 6.29.

The historical rank and industry rank for PT Multikarya Asia Pasifik Raya Tbk's Graham Number or its related term are showing as below:

ISX:MKAP' s Price-to-Graham-Number Range Over the Past 10 Years
Min: 0.5   Med: 1.33   Max: 6.32
Current: 6.29

During the past 6 years, the highest Price to Graham Number ratio of PT Multikarya Asia Pasifik Raya Tbk was 6.32. The lowest was 0.50. And the median was 1.33.

ISX:MKAP's Price-to-Graham-Number is ranked worse than
97.28% of 624 companies
in the Oil & Gas industry
Industry Median: 1.08 vs ISX:MKAP: 6.29

Graham Number is a combination of asset valuation and earnings power valuation. It is a very conservative way of valuing a stock.


PT Multikarya Asia Pasifik Raya Tbk  (ISX:MKAP) Graham Number Explanation

Ben Graham actually did not publish a formula like this. But he wrote in The Intelligent Investor (1948 version) regarding to the criteria for purchases:

Current price should not be more than 15 times average earnings of the past three years.

Current price should not be more than 1.5 times the book value last reported. However, a multiplier of earnings below 15 could justify a correspondingly higher multiplier of assets. As a rule of thumb we suggest that the product of the multiplier times the ratio of price to book value should not exceed 22.5. (This figure corresponds to 15 times earnings and 1.5 times book value. It would admit an issue selling at only 9 times earnings and 2.5 times asset value, etc.)

Unlike valuation methods such as DCF or Discounted Earnings, the Graham number does not take growth into the valuation. Unlike the valuation methods based on book value alone, it takes into account the earnings power. Therefore, the Graham Number is a combination of asset valuation and earnings power valuation.

In general, the Graham number is a very conservative way of valuing a stock. It cannot be applied to companies with negative book values.

PT Multikarya Asia Pasifik Raya Tbk's Price to Graham number Ratio for today is calculated as

Price to Graham number=Share Price (Today)/Graham number (Q: Jun. 2026 )
=1165.00/185.21
=6.29

* 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.


Be Aware

Please keep these in mind:

1. Graham Number does not take growth into account. Therefore it underestimates the values of the companies that have good earnings growth. We feel that if the earnings per share grows more than 10% a year, Graham Number underestimates the value.
2. Graham Number punishes the companies that have temporarily low earnings. Therefore, an average of earnings makes more sense in the calculation of Graham Number.
3. Graham Numbers underestimates companies that are light with book.


PT Multikarya Asia Pasifik Raya Tbk Graham Number Related Terms


PT Multikarya Asia Pasifik Raya Tbk Graham Number Historical Data

* Premium members only.

The historical data trend for PT Multikarya Asia Pasifik Raya Tbk's Graham Number 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 Multikarya Asia Pasifik Raya Tbk Graham Number Chart

PT Multikarya Asia Pasifik Raya Tbk Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Graham Number
Get a 7-Day Free Trial 66.00 37.20 85.16 157.26 172.37

PT Multikarya Asia Pasifik Raya Tbk Quarterly Data
Dec20 Dec21 Dec22 Jul23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Graham Number 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 257.49 253.84 259.75 182.42 185.21

ISX:MKAP vs SLB, BKR, FTI: Graham Number Comparison

For the Oil & Gas Equipment & Services subindustry, PT Multikarya Asia Pasifik Raya Tbk's Price-to-Graham-Number, along with its competitors' market caps and Price-to-Graham-Number 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 Multikarya Asia Pasifik Raya Tbk Price-to-Graham-Number vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, PT Multikarya Asia Pasifik Raya Tbk's Price-to-Graham-Number distribution charts can be found below:

* The bar in red indicates where PT Multikarya Asia Pasifik Raya Tbk's Price-to-Graham-Number falls into.


ISX:MKAP
45GF Score
PT Multikarya Asia Pasifik Raya Tbk ISX:MKAP
Graham Number is just one metric. See GF Score™, valuation, warning signs, and more.
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PT Multikarya Asia Pasifik Raya Tbk Graham Number Calculation

Graham Number is a concept based on Ben Graham's conservative valuation of companies.

PT Multikarya Asia Pasifik Raya Tbk's Graham Number for the fiscal year that ended in Dec. 2025 is calculated as

Graham Number
=sqrt of (22.5* Tangible Book per Share *EPS without NRI)
=sqrt of (22.5*99.431*13.28)
=172.37

PT Multikarya Asia Pasifik Raya Tbk's Graham Number for the quarter that ended in Jun. 2026 is calculated as

Graham Number
=sqrt of (22.5*Tangible Book per Share*EPS without NRI (TTM))
=sqrt of (22.5*104.381*14.605)
=185.21

* 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 Graham Number →
What does a Graham Number of Rp185.21 mean?
PT Multikarya Asia Pasifik Raya Tbk (ISX:MKAP) has a Graham Number of Rp185.21 as of Jun. 2026. The Graham Number values a company based on its per-share earnings and book value. View historical data on PT Multikarya Asia Pasifik Raya Tbk and its competitors. This is 13826% above median its historical median of 1.33. Over the past decade, PT Multikarya Asia Pasifik Raya Tbk's Graham Number has ranged from 0.50 to 6.32. According to the industry distribution chart, PT Multikarya Asia Pasifik Raya Tbk ranks #607 out of 624 companies in the Oil & Gas industry, placing it in the top 97.3%.
Is PT Multikarya Asia Pasifik Raya Tbk's Graham Number too high?
PT Multikarya Asia Pasifik Raya Tbk's current Graham Number of Rp185.21 is 13826% above median its 10-year median of 1.33. Over the past 10 years, this metric has ranged from a low of 0.50 to a high of 6.32. Based on the distribution chart, PT Multikarya Asia Pasifik Raya Tbk ranks #607 out of 624 companies in the Oil & Gas industry, which is in the bottom quartile relative to peers. Overall, PT Multikarya Asia Pasifik Raya Tbk has a GF Score™ of 45/100, reflecting its overall financial health beyond just this single metric.
How does PT Multikarya Asia Pasifik Raya Tbk's Graham Number compare to SLB and BKR?
According to the Oil & Gas industry distribution chart, PT Multikarya Asia Pasifik Raya Tbk ranks #607 out of 624 companies for Graham Number. This places PT Multikarya Asia Pasifik Raya Tbk in the lower half of its industry. The industry median Graham Number is 1.08. Historically, PT Multikarya Asia Pasifik Raya Tbk's own Graham Number has ranged from 0.50 to 6.32 over the past decade. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Graham Number for an Oil & Gas company?
The median Graham Number among Oil & Gas companies is 1.08, based on 624 companies in the industry. Companies in the top quartile (top 25%) have a Graham Number significantly above this median, while those in the bottom quartile fall well below. However, Graham Number 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 Graham Number mean?
A high Graham Number can signal that a stock is expensive relative to its fundamentals. The Graham Number values a company based on its per-share earnings and book value. View historical data on PT Multikarya Asia Pasifik Raya Tbk and its competitors. For the Oil & Gas industry, the median Graham Number is 1.08 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT Multikarya Asia Pasifik Raya Tbk's current Graham Number is Rp185.21, which is 13826% above median its own 10-year median of 1.33. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Multikarya Asia Pasifik Raya Tbk stock overvalued right now?
PT Multikarya Asia Pasifik Raya Tbk (ISX:MKAP) has a current Graham Number of Rp185.21. The current Graham Number is Rp185.21, which is 13826% above median its 10-year median of 1.33. PT Multikarya Asia Pasifik Raya Tbk's overall GF Score™ is 45/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Graham Number calculated?
Graham Number is calculated from a company's financial statements. For PT Multikarya Asia Pasifik Raya Tbk (ISX:MKAP), the current Graham Number is Rp185.21 as of Jun. 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.

PT Multikarya Asia Pasifik Raya Tbk Business Description

Industry EnergyOil & Gas
Address Jalan TB Simatupang No 02, Cibis Nine, 16th Floor, Cilandak Timur, Pasar Minggu, South Jakarta, Jakarta, IDN, 12560
PT Multikarya Asia Pasifik Raya Tbk is engaged in the manufacturing and trading of services, as well as the rental and repair of pumps and other supporting equipment, including spare parts for the oil, natural gas, and mining industries. The firm operates through two main segments: Spare Parts and Procurement, and Rental and Services, with the majority of its revenue coming from the Spare Parts and Procurement segment. For the oil and gas industry, it offers products and services such as crude oil transfer to and from further processing, water reinjection production, water treatment injection plants, and pumps for mud, cement, and stimulation. In the mining industry, the company provides services for water drying and mud removal, along with reinstallation, repair, and rejuvenation of pump.
45GF Score

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Rp1,165.00
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