PT Multikarya Asia Pasifik Raya Tbk (ISX:MKAP) Owner Earnings per Share (TTM): (As of Jun. 2026)

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ISX:MKAP PT Multikarya Asia Pasifik Raya Tbk ISX:MKAP
63 GF Score
Price Rp1,125.00
GF Value Rp522.29
Valuation Significantly Overvalued
! 4 Warning Signs
View Full Analysis

What is PT Multikarya Asia Pasifik Raya Tbk Owner Earnings per Share (TTM)?

In 1986 Berkshire Hathaway Shareholder Letter, Warren Buffett defined owner earnings as follows:

"These represent (a) reported earnings plus (b) depreciation, depletion, amortization, and certain other non-cash charges...less (c) the average annual amount of capitalized expenditures for plant and equipment, etc. that the business requires to fully maintain its long-term competitive position and its unit volume (If the business requires additional working capital to maintain its competitive position and unit volume, the increment also should be included in (c))...Our owner-earnings equation does not yield the deceptively precise figures provided by GAAP, since (c) must be a guess - and one sometimes very difficult to make. Despite this problem, we consider the owner earnings figure, not the GAAP figure, to be the relevant item for valuation purposes - both for investors in buying stocks and for managers in buying entire businesses...All of this points up the absurdity of the 'cash flow' numbers that are often set forth in Wall Street reports. These numbers routinely include (a) plus (b) - but do not subtract (c)."

PT Multikarya Asia Pasifik Raya Tbk does not have enough data to calculate Owner Earnings per Share (TTM), so as Price-to-Owner-Earnings ratio.


The historical rank and industry rank for PT Multikarya Asia Pasifik Raya Tbk's Owner Earnings per Share (TTM) or its related term are showing as below:

ISX:MKAP' s Price-to-Owner-Earnings Range Over the Past 10 Years
Min: 28.54   Med: 42.13   Max: 101.23
Current: 101.23


During the past 6 years, the highest Price-to-Owner-Earnings ratio of PT Multikarya Asia Pasifik Raya Tbk was 101.23. The lowest was 28.54. And the median was 42.13.


ISX:MKAP's Price-to-Owner-Earnings is ranked worse than
94.79% of 461 companies
in the Oil & Gas industry
Industry Median: 10.9 vs ISX:MKAP: 101.23

PT Multikarya Asia Pasifik Raya Tbk's Earnings per Share (Diluted) for the three months ended in Jun. 2026 was Rp3.16. Its Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 was Rp18.89. It's PE Ratio (TTM) ratio for today is 59.57.

PT Multikarya Asia Pasifik Raya Tbk's EPS without NRI for the three months ended in Jun. 2026 was Rp3.24. Its EPS without NRI for the trailing twelve months (TTM) ended in Jun. 2026 was Rp14.61. It's PE Ratio without NRI ratio for today is 77.03.


Be Aware

Assumption: Companies usually do not report maintenance capital expenditures and growth capital expenditures separately. Here we use estimated numbers and average them over 5 years. The method to estimate maintenance capital expenditures can be found in above part 4.

Note: GuruFocus' Change In Working Capital is provided by Morningstar. It is calculated by adding the items under "Change in operating assets and liabilities" (may refer to a different name for different company) section in Cash Flow Statement from original financial report. And it includes non-current parts of assets and liabilities.


PT Multikarya Asia Pasifik Raya Tbk Owner Earnings per Share (TTM) Related Terms


PT Multikarya Asia Pasifik Raya Tbk Owner Earnings per Share (TTM) Historical Data

* Premium members only.

The historical data trend for PT Multikarya Asia Pasifik Raya Tbk's Owner Earnings per Share (TTM) 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 Owner Earnings per Share (TTM) Chart

PT Multikarya Asia Pasifik Raya Tbk Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Owner Earnings per Share (TTM)
Get a 7-Day Free Trial 0.00 0.00 0.00 8.62 11.51

PT Multikarya Asia Pasifik Raya Tbk Quarterly Data
Dec20 Dec21 Dec22 Jul23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Owner Earnings per Share (TTM) 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 0.00 0.00 11.51 0.00 0.00

ISX:MKAP vs SLB, BKR, HAL: Owner Earnings per Share (TTM) Comparison

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

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

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


ISX:MKAP
63GF Score
PT Multikarya Asia Pasifik Raya Tbk ISX:MKAP
Owner Earnings per Share (TTM) is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

PT Multikarya Asia Pasifik Raya Tbk Owner Earnings per Share (TTM) Calculation

In 1986 Berkshire Hathaway Shareholder Letter, Warren Buffett defined owner earnings as follows:

"These represent (a) reported earnings plus (b) depreciation, depletion, amortization, and certain other non-cash charges...less (c) the average annual amount of capitalized expenditures for plant and equipment, etc. that the business requires to fully maintain its long-term competitive position and its unit volume. (If the business requires additional working capital to maintain its competitive position and unit volume, the increment also should be included in (c))...Our owner-earnings equation does not yield the deceptively precise figures provided by GAAP, since (c) must be a guess - and one sometimes very difficult to make. Despite this problem, we consider the owner earnings figure, not the GAAP figure, to be the relevant item for valuation purposes - both for investors in buying stocks and for managers in buying entire businesses...All of this points up the absurdity of the 'cash flow' numbers that are often set forth in Wall Street reports. These numbers routinely include (a) plus (b) - but do not subtract (c)."

To make it simple, then you will have:

Owner Earnings per Share (TTM) = (Net Income + Depreciation, Depletion and Amortization + Change In Deferred Tax - 5Y Average of Maintenance Capital Expenditure + Change In Working Capital) / Shares Outstanding (Diluted Average)

PT Multikarya Asia Pasifik Raya Tbk does not have enough data to calculate Owner Earnings per Share (TTM). Please check Wal-Mart Stores Inc, as your reference.

Is PT Multikarya Asia Pasifik Raya Tbk (ISX:MKAP) Overvalued in 2026?

Based on GuruFocus' analysis, PT Multikarya Asia Pasifik Raya Tbk stock appears to be overvalued. The current stock price of Rp1,125.00 is trading 115.4% above its estimated GF Value™ of Rp522.29. GuruFocus considers PT Multikarya Asia Pasifik Raya Tbk to be Significantly Overvalued.

Key valuation signals for ISX:MKAP:

  • Owner Earnings per Share (TTM):
  • GF Value™: Rp522.29 vs. price of Rp1,125.00 (115.4% above fair value)
  • GF Score™: 63/100 with 4 warning signs

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


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.
63GF Score

Get the complete analysis for ISX:MKAP

Owner Earnings per Share (TTM) is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

Rp1,125.00
Price
Rp522.29
GF Value