PT Merdeka Battery Materials Tbk (ISX:MBMA) Total Debt per Share: Rp174.14 (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

ISX:MBMA PT Merdeka Battery Materials Tbk ISX:MBMA
53 GF Score
Price Rp550.00
GF Value Rp858.00
Valuation Significantly Undervalued
! 6 Warning Signs
View Full Analysis

What is PT Merdeka Battery Materials Tbk Total Debt per Share?

PT Merdeka Battery Materials Tbk ISX:MBMA +3.77% 53 Total Debt per Share is Rp174.14 as of Mar. 2026. GuruFocus rates ISX:MBMA with a GF Score™ of 53/100 and a GF Value™ of Rp858.00 (Significantly Undervalued). The stock has 6 warning signs investors should review.

Rp174.14 (As of Mar. 2026)

Total Debt per Share is calculated as total debt divided by Shares Outstanding (EOP). Total debt is calculated as Long-Term Debt & Capital Lease Obligation plus Short-Term Debt & Capital Lease Obligation. PT Merdeka Battery Materials Tbk's Total Debt Per Share for the quarter that ended in Mar. 2026 was Rp174.14.

PT Merdeka Battery Materials Tbk Total Debt per Share Related Terms

PT Merdeka Battery Materials Tbk Total Debt per Share Historical Data

* Premium members only.

The historical data trend for PT Merdeka Battery Materials Tbk's Total Debt per Share 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 Merdeka Battery Materials Tbk Total Debt per Share Chart

PT Merdeka Battery Materials Tbk Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Total Debt per Share
Get a 7-Day Free Trial 0.00 88.97 70.74 101.58 146.18

PT Merdeka Battery Materials Tbk Quarterly Data
Dec19 Dec20 Dec21 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Total Debt per Share 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 118.43 121.76 139.12 146.18 174.14
ISX:MBMA
53GF Score
PT Merdeka Battery Materials Tbk ISX:MBMA
Total Debt per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

PT Merdeka Battery Materials Tbk Total Debt per Share Calculation

PT Merdeka Battery Materials Tbk's Total Debt Per Share for the fiscal year that ended in Dec. 2025 is calculated as:

Total Debt Per Share=(Long-Term Debt & Capital Lease Obligation+Short-Term Debt & Capital Lease Obligation)/Shares Outstanding (EOP)
=(11,904,562+3,882,686)/107,995
=146.18

PT Merdeka Battery Materials Tbk's Total Debt Per Share for the quarter that ended in Mar. 2026 is calculated as:

Total Debt Per Share=(Long-Term Debt & Capital Lease Obligation+Short-Term Debt & Capital Lease Obligation)/Shares Outstanding (EOP)
=(12,316,443+6,489,851)/107,995
=174.14

* 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 Total Debt per Share →
What does a Total Debt per Share of Rp174.14 mean?
PT Merdeka Battery Materials Tbk (ISX:MBMA) has a Total Debt per Share of Rp174.14 as of Mar. 2026. Total debt per share equals the per-share value of a company's long-term and short-term debt. View historical data on PT Merdeka Battery Materials Tbk and its competitors.
Is PT Merdeka Battery Materials Tbk's Total Debt per Share too high?
PT Merdeka Battery Materials Tbk's current Total Debt per Share is Rp174.14. Overall, PT Merdeka Battery Materials Tbk has a GF Score™ of 53/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does PT Merdeka Battery Materials Tbk's Total Debt per Share compare to HL?
PT Merdeka Battery Materials Tbk's Total Debt per Share of Rp174.14 can be compared against companies in the Metals & Mining industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Total Debt per Share for a Metals & Mining company?
A good Total Debt per Share depends on the Metals & Mining industry context. However, Total Debt per Share 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 Total Debt per Share mean?
A high Total Debt per Share can signal that a stock is expensive relative to its fundamentals. Total debt per share equals the per-share value of a company's long-term and short-term debt. View historical data on PT Merdeka Battery Materials Tbk and its competitors. PT Merdeka Battery Materials Tbk's current Total Debt per Share is Rp174.14. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Merdeka Battery Materials Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Merdeka Battery Materials Tbk (ISX:MBMA) is currently considered Significantly Undervalued. The stock's GF Value™ is Rp858.00, compared to a current price of Rp550.00 — trading 35.9% below its estimated fair value. The current Total Debt per Share is Rp174.14. PT Merdeka Battery Materials Tbk's overall GF Score™ is 53/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Debt per Share calculated?
Total Debt per Share is calculated from a company's financial statements. For PT Merdeka Battery Materials Tbk (ISX:MBMA), the current Total Debt per Share is Rp174.14 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 Merdeka Battery Materials Tbk (ISX:MBMA) Overvalued in 2026?

Based on GuruFocus' analysis, PT Merdeka Battery Materials Tbk stock appears to be undervalued. The current stock price of Rp550.00 is trading 35.9% below its estimated GF Value™ of Rp858.00. GuruFocus considers PT Merdeka Battery Materials Tbk to be Significantly Undervalued.

Key valuation signals for ISX:MBMA:

  • Total Debt per Share: Rp174.14
  • GF Value™: Rp858.00 vs. price of Rp550.00 (35.9% below fair value)
  • GF Score™: 53/100 with 6 warning signs

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

PT Merdeka Battery Materials Tbk Business Description

Address Jalan Jenderal Sudirman Kav. 52-53, Treasury Tower Building, 69th Floor, District 8 SCBD Lot. 28, South Jakarta, Jakarta, IDN, 12190
PT Merdeka Battery Materials Tbk is an integrated battery materials and nickel processing company focused on the electric vehicle (EV) battery value chain in Indonesia. The company engages in nickel mining, smelting, and downstream battery material processing activities. Its business operations include the SCM Mine, RKEF smelters, Nickel Matte operations, AIM Project, IKIP industrial area development, and HPAL projects. The company operates through Mining, Manufacturing, and Other segments, with the majority of revenue generated from the Manufacturing segment.
53GF Score

Get the complete analysis for ISX:MBMA

Total Debt per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

Rp550.00
Price
Rp858.00
GF Value