PT Jasa Marga (Persero) Tbk (STU:0JM) Interest Coverage: 2.70 (As of Mar. 2026) — 12% Above Median


STU:0JM PT Jasa Marga (Persero) Tbk STU:0JM
81 GF Score
Price €0.12
GF Value €0.18
! 6 Warning Signs
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What is PT Jasa Marga (Persero) Tbk Interest Coverage?

PT Jasa Marga (Persero) Tbk STU:0JM +2.48% 81 Interest Coverage is 2.70 as of Mar. 2026, which is 12% above its 10-year median of 2.42. GuruFocus rates STU:0JM with a GF Score™ of 81/100 and a GF Value™ of €0.18. The stock has 6 warning signs investors should review. Among 1,354 Construction companies, PT Jasa Marga (Persero) Tbk ranks worse than 77.77% 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 Jasa Marga (Persero) Tbk's Operating Income for the three months ended in Mar. 2026 was €120 Mil. PT Jasa Marga (Persero) Tbk's Interest Expense for the three months ended in Mar. 2026 was €-45 Mil. PT Jasa Marga (Persero) Tbk's interest coverage for the quarter that ended in Mar. 2026 was 2.70. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for PT Jasa Marga (Persero) Tbk's Interest Coverage or its related term are showing as below:

STU:0JM' s Interest Coverage Range Over the Past 10 Years
Min: 1.32   Med: 2.42   Max: 3.28
Current: 2.59


STU:0JM's Interest Coverage is ranked worse than
77.77% of 1354 companies
in the Construction industry
Industry Median: 7.865 vs STU:0JM: 2.59

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 Jasa Marga (Persero) Tbk  (STU:0JM) 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 Jasa Marga (Persero) Tbk Interest Coverage Related Terms


PT Jasa Marga (Persero) Tbk Interest Coverage Historical Data

* Premium members only.

The historical data trend for PT Jasa Marga (Persero) 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 Jasa Marga (Persero) Tbk Interest Coverage Chart

PT Jasa Marga (Persero) 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 1.43 1.53 2.22 2.46 2.60

PT Jasa Marga (Persero) 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 2.73 2.92 2.30 2.50 2.70

PT Jasa Marga (Persero) Tbk Interest Coverage Competitor Comparison

For the Infrastructure Operations subindustry, PT Jasa Marga (Persero) 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 Jasa Marga (Persero) Tbk Interest Coverage vs Construction Industry

For the Construction industry and Industrials sector, PT Jasa Marga (Persero) Tbk's Interest Coverage distribution charts can be found below:

* The bar in red indicates where PT Jasa Marga (Persero) Tbk's Interest Coverage falls into.


STU:0JM
81GF Score
PT Jasa Marga (Persero) Tbk STU:0JM
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
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PT Jasa Marga (Persero) 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 Jasa Marga (Persero) 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 Jasa Marga (Persero) Tbk's Interest Expense was €-181 Mil. Its Operating Income was €469 Mil. And its Long-Term Debt & Capital Lease Obligation was €3,652 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2025 )/Interest Expense (A: Dec. 2025 )
=-1*469.103/-180.74
=2.60

PT Jasa Marga (Persero) 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 Jasa Marga (Persero) Tbk's Interest Expense was €-45 Mil. Its Operating Income was €120 Mil. And its Long-Term Debt & Capital Lease Obligation was €3,660 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*120.29/-44.533
=2.70

* 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 2.70 mean?
PT Jasa Marga (Persero) Tbk (STU:0JM) has a Interest Coverage of 2.70 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on PT Jasa Marga (Persero) Tbk and its competitors. This is 12% above median its historical median of 2.42. Over the past decade, PT Jasa Marga (Persero) Tbk's Interest Coverage has ranged from 1.32 to 3.28. According to the industry distribution chart, PT Jasa Marga (Persero) Tbk ranks #1053 out of 1354 companies in the Construction industry, placing it in the top 77.8%.
Is PT Jasa Marga (Persero) Tbk's Interest Coverage too high?
PT Jasa Marga (Persero) Tbk's current Interest Coverage of 2.70 is 12% above median its 10-year median of 2.42. Over the past 10 years, this metric has ranged from a low of 1.32 to a high of 3.28. The Construction industry median Interest Coverage is 7.87. PT Jasa Marga (Persero) Tbk's value of 2.70 is 65.7% below this industry median. Based on the distribution chart, PT Jasa Marga (Persero) Tbk ranks #1053 out of 1354 companies in the Construction industry, which is in the bottom quartile relative to peers. 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 Interest Coverage compare to competitors?
According to the Construction industry distribution chart, PT Jasa Marga (Persero) Tbk ranks #1053 out of 1354 companies for Interest Coverage. This places PT Jasa Marga (Persero) Tbk in the lower half of its industry. The industry median Interest Coverage is 7.87. PT Jasa Marga (Persero) Tbk's value of 2.70 is 65.7% below this benchmark. Historically, PT Jasa Marga (Persero) Tbk's own Interest Coverage has ranged from 1.32 to 3.28 over the past decade. While the company's 10-year median is 2.42 vs. the industry median of 7.87, PT Jasa Marga (Persero) 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 Construction company?
The median Interest Coverage among Construction companies is 7.87, based on 1,354 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 Jasa Marga (Persero) Tbk's current Interest Coverage of 2.70 is 65.7% 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 Jasa Marga (Persero) Tbk and its competitors. For the Construction industry, the median Interest Coverage is 7.87 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT Jasa Marga (Persero) Tbk's current Interest Coverage is 2.70, which is 12% above median its own 10-year median of 2.42. 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 Interest Coverage of 2.70. 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 Interest Coverage is 2.70, which is 12% above median its 10-year median of 2.42 and 65.7% below the Construction industry median of 7.87. 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 Interest Coverage calculated?
Interest Coverage is calculated from a company's financial statements. For PT Jasa Marga (Persero) Tbk (STU:0JM), the current Interest Coverage is 2.70 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 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:

  • Interest Coverage: 2.70 (12% above median its 10-year median of 2.42)
  • GF Value™: €0.18 vs. price of €0.12 (31.1% below fair value)
  • GF Score™: 81/100 with 6 warning signs
  • Industry Position: 65.7% below the Construction median (#1053 of 1354)

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 Business Description

Address Plaza Tol Taman Mini Indonesia Indah, Kantor Pusat, Jakarta, IDN, 13550
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

Get the complete analysis for STU:0JM

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

€0.12
Price
€0.18
GF Value