PT Mega Manunggal Property Tbk (ISX:MMLP) Interest Coverage: 2.07 (As of Mar. 2026) — 24% Below Median


ISX:MMLP PT Mega Manunggal Property Tbk ISX:MMLP
64 GF Score
Price Rp296.00
GF Value Rp456.74
Valuation Possible Value Trap
! 5 Warning Signs
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What is PT Mega Manunggal Property Tbk Interest Coverage?

PT Mega Manunggal Property Tbk ISX:MMLP 64 Interest Coverage is 2.07 as of Mar. 2026, which is 24% below its 10-year median of 2.74. GuruFocus rates ISX:MMLP with a GF Score™ of 64/100 and a GF Value™ of Rp456.74 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 1,299 Real Estate companies, PT Mega Manunggal Property Tbk ranks worse than 82.68% on this metric.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income by its Interest Expense. PT Mega Manunggal Property Tbk's Operating Income for the three months ended in Mar. 2026 was Rp65,516 Mil. PT Mega Manunggal Property Tbk's Interest Expense for the three months ended in Mar. 2026 was Rp-31,626 Mil. PT Mega Manunggal Property Tbk's interest coverage for the quarter that ended in Mar. 2026 was 2.07. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for PT Mega Manunggal Property Tbk's Interest Coverage or its related term are showing as below:

ISX:MMLP' s Interest Coverage Range Over the Past 10 Years
Min: 1.23   Med: 2.74   Max: 4.86
Current: 1.29


ISX:MMLP's Interest Coverage is ranked worse than
82.68% of 1299 companies
in the Real Estate industry
Industry Median: 4.25 vs ISX:MMLP: 1.29

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.


PT Mega Manunggal Property Tbk  (ISX:MMLP) Interest Coverage Explanation

Ben Graham requires that a company has a minimum interest coverage of 5 with the companies he invested. If the interest coverage is less than 2, the company is burdened by debt. Any business slow or recession may drag the company into a situation where it cannot pay the interest on its debt.

Interest Coverage is an important factor when GuruFocus ranks a company's overage Financial Strength .


PT Mega Manunggal Property Tbk Interest Coverage Related Terms


PT Mega Manunggal Property Tbk Interest Coverage Historical Data

* Premium members only.

The historical data trend for PT Mega Manunggal Property Tbk's Interest Coverage 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.

Note: For Interest Coverage, "No debt" indicates no long-term debt. An indication of "No Debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

PT Mega Manunggal Property Tbk Interest Coverage Chart

PT Mega Manunggal Property Tbk Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.39 2.85 1.40 1.31 1.23

PT Mega Manunggal Property Tbk Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Interest Coverage 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 1.73 1.75 0.78 0.82 2.07

ISX:MMLP vs CBRE, BEKE: Interest Coverage Comparison

For the Real Estate Services subindustry, PT Mega Manunggal Property Tbk's Interest Coverage, along with its competitors' market caps and Interest Coverage 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 Mega Manunggal Property Tbk Interest Coverage vs Real Estate Industry

For the Real Estate industry and Real Estate sector, PT Mega Manunggal Property Tbk's Interest Coverage distribution charts can be found below:

* The bar in red indicates where PT Mega Manunggal Property Tbk's Interest Coverage falls into.


ISX:MMLP
64GF Score
PT Mega Manunggal Property Tbk ISX:MMLP
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
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PT Mega Manunggal Property Tbk Interest Coverage Calculation

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense:

If Interest Expense is negative and Operating Income is positive, then

Interest Coverage=-1* Operating Income /Interest Expense

Else if Interest Expense is negative and Operating Income is negative, then

The company did not have earnings to cover the interest expense.

Else if Interest Expense is 0 and Long-Term Debt & Capital Lease Obligation is 0, then

The company had no debt (1).


Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

PT Mega Manunggal Property Tbk's Interest Coverage for the fiscal year that ended in Dec. 2025 is calculated as

Here, for the fiscal year that ended in Dec. 2025, PT Mega Manunggal Property Tbk's Interest Expense was Rp-148,265 Mil. Its Operating Income was Rp182,470 Mil. And its Long-Term Debt & Capital Lease Obligation was Rp1,600,715 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2025 )/Interest Expense (A: Dec. 2025 )
=-1*182469.68/-148265.013
=1.23

PT Mega Manunggal Property Tbk's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Here, for the three months ended in Mar. 2026, PT Mega Manunggal Property Tbk's Interest Expense was Rp-31,626 Mil. Its Operating Income was Rp65,516 Mil. And its Long-Term Debt & Capital Lease Obligation was Rp1,587,291 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*65515.64/-31626.318
=2.07

* 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.

The higher the ratio, the stronger the company's Financial Strength is.

Frequently Asked Questions Learn more about Interest Coverage →
What does a Interest Coverage of 2.07 mean?
PT Mega Manunggal Property Tbk (ISX:MMLP) has a Interest Coverage of 2.07 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on PT Mega Manunggal Property Tbk and its competitors. This is 24% below median its historical median of 2.74. Over the past decade, PT Mega Manunggal Property Tbk's Interest Coverage has ranged from 1.23 to 4.86. According to the industry distribution chart, PT Mega Manunggal Property Tbk ranks #1074 out of 1299 companies in the Real Estate industry, placing it in the top 82.7%.
Is PT Mega Manunggal Property Tbk's Interest Coverage too high?
PT Mega Manunggal Property Tbk's current Interest Coverage of 2.07 is 24% below median its 10-year median of 2.74. Over the past 10 years, this metric has ranged from a low of 1.23 to a high of 4.86. The Real Estate industry median Interest Coverage is 4.25. PT Mega Manunggal Property Tbk's value of 2.07 is 51.3% below this industry median. Based on the distribution chart, PT Mega Manunggal Property Tbk ranks #1074 out of 1299 companies in the Real Estate industry, which is in the bottom quartile relative to peers. Overall, PT Mega Manunggal Property Tbk has a GF Score™ of 64/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does PT Mega Manunggal Property Tbk's Interest Coverage compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, PT Mega Manunggal Property Tbk ranks #1074 out of 1299 companies for Interest Coverage. This places PT Mega Manunggal Property Tbk in the lower half of its industry. The industry median Interest Coverage is 4.25. PT Mega Manunggal Property Tbk's value of 2.07 is 51.3% below this benchmark. Historically, PT Mega Manunggal Property Tbk's own Interest Coverage has ranged from 1.23 to 4.86 over the past decade. While the company's 10-year median is 2.74 vs. the industry median of 4.25, PT Mega Manunggal Property Tbk has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Interest Coverage for a Real Estate company?
The median Interest Coverage among Real Estate companies is 4.25, based on 1,299 companies in the industry. Companies in the top quartile (top 25%) have a Interest Coverage significantly above this median, while those in the bottom quartile fall well below. However, Interest Coverage should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. PT Mega Manunggal Property Tbk's current Interest Coverage of 2.07 is 51.3% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Interest Coverage mean?
A high Interest Coverage can signal that a stock is expensive relative to its fundamentals. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on PT Mega Manunggal Property Tbk and its competitors. For the Real Estate industry, the median Interest Coverage is 4.25 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT Mega Manunggal Property Tbk's current Interest Coverage is 2.07, which is 24% below median its own 10-year median of 2.74. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Mega Manunggal Property Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Mega Manunggal Property Tbk (ISX:MMLP) is currently considered Possible Value Trap. The stock's GF Value™ is Rp456.74, compared to a current price of Rp296.00 — trading 35.2% below its estimated fair value. The current Interest Coverage is 2.07, which is 24% below median its 10-year median of 2.74 and 51.3% below the Real Estate industry median of 4.25. PT Mega Manunggal Property Tbk's overall GF Score™ is 64/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Interest Coverage calculated?
Interest Coverage is calculated from a company's financial statements. For PT Mega Manunggal Property Tbk (ISX:MMLP), the current Interest Coverage is 2.07 as of Mar. 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 Mega Manunggal Property Tbk (ISX:MMLP) Overvalued in 2026?

Based on GuruFocus' analysis, PT Mega Manunggal Property Tbk stock appears to be undervalued. The current stock price of Rp296.00 is trading 35.2% below its estimated GF Value™ of Rp456.74. GuruFocus considers PT Mega Manunggal Property Tbk to be Possible Value Trap.

Key valuation signals for ISX:MMLP:

  • Interest Coverage: 2.07 (24% below median its 10-year median of 2.74)
  • GF Value™: Rp456.74 vs. price of Rp296.00 (35.2% below fair value)
  • GF Score™: 64/100 with 5 warning signs
  • Industry Position: 51.3% below the Real Estate median (#1074 of 1299)

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


PT Mega Manunggal Property Tbk Business Description

Address Jalan Cililitan Besar No. 454, Grha Intirub, 2nd Floor, Intirub Business Park, Jakarta Timur, Jakarta, IDN, 13650
PT Mega Manunggal Property Tbk is a warehouse provider that supports industrial property needs in Indonesia by providing well-built office buildings and logistics warehouses in Indonesia. The group operates in one business segment which is warehouse and office space leasing. The company's revenue is derived from the lease of a warehouse, office space, and its supporting facilities.
64GF Score

Get the complete analysis for ISX:MMLP

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

Rp296.00
Price
Rp456.74
GF Value