PT Trimegah Bangun Persada Tbk (ISX:NCKL) Interest Coverage: 8.23 (As of Mar. 2026) — 23% Below Median


ISX:NCKL PT Trimegah Bangun Persada Tbk ISX:NCKL
97 GF Score
Price Rp795.00
GF Value Rp1,202.10
Valuation Significantly Undervalued
! 3 Warning Signs
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What is PT Trimegah Bangun Persada Tbk Interest Coverage?

PT Trimegah Bangun Persada Tbk ISX:NCKL -1.24% 97 Interest Coverage is 8.23 as of Mar. 2026, which is 23% below its 10-year median of 10.69. GuruFocus rates ISX:NCKL with a GF Score™ of 97/100 and a GF Value™ of Rp1,202.10 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 1,320 Metals & Mining companies, PT Trimegah Bangun Persada Tbk ranks worse than 79.09% 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 Trimegah Bangun Persada Tbk's Operating Income for the three months ended in Mar. 2026 was Rp1,025,762 Mil. PT Trimegah Bangun Persada Tbk's Interest Expense for the three months ended in Mar. 2026 was Rp-124,613 Mil. PT Trimegah Bangun Persada Tbk's interest coverage for the quarter that ended in Mar. 2026 was 8.23. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for PT Trimegah Bangun Persada Tbk's Interest Coverage or its related term are showing as below:

ISX:NCKL' s Interest Coverage Range Over the Past 10 Years
Min: 5.78   Med: 10.69   Max: 33.55
Current: 12.47


ISX:NCKL's Interest Coverage is ranked worse than
79.09% of 1320 companies
in the Metals & Mining industry
Industry Median: No Debt vs ISX:NCKL: 12.47

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 Trimegah Bangun Persada Tbk  (ISX:NCKL) 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 Trimegah Bangun Persada Tbk Interest Coverage Related Terms


PT Trimegah Bangun Persada Tbk Interest Coverage Historical Data

* Premium members only.

The historical data trend for PT Trimegah Bangun Persada 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 Trimegah Bangun Persada Tbk Interest Coverage Chart

PT Trimegah Bangun Persada Tbk Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Interest Coverage
Get a 7-Day Free Trial 12.78 33.55 10.69 8.50 12.71

PT Trimegah Bangun Persada Tbk Quarterly Data
Dec19 Dec20 Dec21 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 10.31 14.10 14.32 12.22 8.23

PT Trimegah Bangun Persada Tbk Interest Coverage Competitor Comparison

For the Other Industrial Metals & Mining subindustry, PT Trimegah Bangun Persada 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 Trimegah Bangun Persada Tbk Interest Coverage vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, PT Trimegah Bangun Persada Tbk's Interest Coverage distribution charts can be found below:

* The bar in red indicates where PT Trimegah Bangun Persada Tbk's Interest Coverage falls into.


ISX:NCKL
97GF Score
PT Trimegah Bangun Persada Tbk ISX:NCKL
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
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PT Trimegah Bangun Persada 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 Trimegah Bangun Persada 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 Trimegah Bangun Persada Tbk's Interest Expense was Rp-661,248 Mil. Its Operating Income was Rp8,405,064 Mil. And its Long-Term Debt & Capital Lease Obligation was Rp7,513,660 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2025 )/Interest Expense (A: Dec. 2025 )
=-1*8405064/-661248
=12.71

PT Trimegah Bangun Persada 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 Trimegah Bangun Persada Tbk's Interest Expense was Rp-124,613 Mil. Its Operating Income was Rp1,025,762 Mil. And its Long-Term Debt & Capital Lease Obligation was Rp6,987,321 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*1025762/-124613
=8.23

* 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 8.23 mean?
PT Trimegah Bangun Persada Tbk (ISX:NCKL) has a Interest Coverage of 8.23 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on PT Trimegah Bangun Persada Tbk and its competitors. This is 23% below median its historical median of 10.69. Over the past decade, PT Trimegah Bangun Persada Tbk's Interest Coverage has ranged from 5.78 to 33.55. According to the industry distribution chart, PT Trimegah Bangun Persada Tbk ranks #1044 out of 1320 companies in the Metals & Mining industry, placing it in the top 79.1%.
Is PT Trimegah Bangun Persada Tbk's Interest Coverage too high?
PT Trimegah Bangun Persada Tbk's current Interest Coverage of 8.23 is 23% below median its 10-year median of 10.69. Over the past 10 years, this metric has ranged from a low of 5.78 to a high of 33.55. The Metals & Mining industry median Interest Coverage is 10,000.00. PT Trimegah Bangun Persada Tbk's value of 8.23 is 99.9% below this industry median. Based on the distribution chart, PT Trimegah Bangun Persada Tbk ranks #1044 out of 1320 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers. Overall, PT Trimegah Bangun Persada Tbk has a GF Score™ of 97/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does PT Trimegah Bangun Persada Tbk's Interest Coverage compare to competitors?
According to the Metals & Mining industry distribution chart, PT Trimegah Bangun Persada Tbk ranks #1044 out of 1320 companies for Interest Coverage. This places PT Trimegah Bangun Persada Tbk in the lower half of its industry. The industry median Interest Coverage is 10,000.00. PT Trimegah Bangun Persada Tbk's value of 8.23 is 99.9% below this benchmark. Historically, PT Trimegah Bangun Persada Tbk's own Interest Coverage has ranged from 5.78 to 33.55 over the past decade. While the company's 10-year median is 10.69 vs. the industry median of 10,000.00, PT Trimegah Bangun Persada 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 Metals & Mining company?
The median Interest Coverage among Metals & Mining companies is 10,000.00, based on 1,320 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 Trimegah Bangun Persada Tbk's current Interest Coverage of 8.23 is 99.9% 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 Trimegah Bangun Persada Tbk and its competitors. For the Metals & Mining industry, the median Interest Coverage is 10,000.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT Trimegah Bangun Persada Tbk's current Interest Coverage is 8.23, which is 23% below median its own 10-year median of 10.69. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Trimegah Bangun Persada Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Trimegah Bangun Persada Tbk (ISX:NCKL) is currently considered Significantly Undervalued. The stock's GF Value™ is Rp1,202.10, compared to a current price of Rp795.00 — trading 33.9% below its estimated fair value. The current Interest Coverage is 8.23, which is 23% below median its 10-year median of 10.69 and 99.9% below the Metals & Mining industry median of 10,000.00. PT Trimegah Bangun Persada Tbk's overall GF Score™ is 97/100 with 3 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 Trimegah Bangun Persada Tbk (ISX:NCKL), the current Interest Coverage is 8.23 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 Trimegah Bangun Persada Tbk (ISX:NCKL) Overvalued in 2026?

Based on GuruFocus' analysis, PT Trimegah Bangun Persada Tbk stock appears to be undervalued. The current stock price of Rp795.00 is trading 33.9% below its estimated GF Value™ of Rp1,202.10. GuruFocus considers PT Trimegah Bangun Persada Tbk to be Significantly Undervalued.

Key valuation signals for ISX:NCKL:

  • Interest Coverage: 8.23 (23% below median its 10-year median of 10.69)
  • GF Value™: Rp1,202.10 vs. price of Rp795.00 (33.9% below fair value)
  • GF Score™: 97/100 with 3 warning signs
  • Industry Position: 99.9% below the Metals & Mining median (#1044 of 1320)

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


PT Trimegah Bangun Persada Tbk Business Description

Address Jalan Jendral Sudirman Kav. 1, Panin Bank Building, Kelurahan Gelora, Kecamatan Tanah Abang, Jakarta Pusat, IDN, 10270
PT Trimegah Bangun Persada Tbk is an Indonesian nickel producer with upstream and downstream capabilities mainly based on the Obi Islands in North Maluku province. TBP Group is the pure-play nickel producer in Indonesia. Since its establishment, it has gained vital support from controlling owner Harita Jayaraya, part of the Harita Group, a conglomerate with over 100 years of business experience in Indonesia.
97GF Score

Get the complete analysis for ISX:NCKL

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

Rp795.00
Price
Rp1,202.10
GF Value