PT MNC Asia Holding Tbk (ISX:BHIT) WACC %:9.47% (As of Jul. 14, 2026) — 45% Above Median

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Director of Data and Quant Analytics at GuruFocus
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ISX:BHIT PT MNC Asia Holding Tbk ISX:BHIT
66 GF Score
Price Rp25.00
GF Value Rp37.29
Valuation Possible Value Trap
! 5 Warning Signs
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What is PT MNC Asia Holding Tbk WACC %?

PT MNC Asia Holding Tbk ISX:BHIT -3.85% 66 WACC % is 9.47% as of Jul. 14, 2026, which is 45% above its 10-year median of 6.52. GuruFocus rates ISX:BHIT with a GF Score™ of 66/100 and a GF Value™ of Rp37.29 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 1,039 Media - Diversified companies, PT MNC Asia Holding Tbk ranks worse than 64.2% on this metric.

As of today (2026-07-14), PT MNC Asia Holding Tbk's weighted average cost of capital is 9.47%%. PT MNC Asia Holding Tbk's ROIC % is 3.25% (calculated using TTM income statement data). PT MNC Asia Holding Tbk earns returns that do not match up to its cost of capital. It will destroy value as it grows.

For a comprehensive WACC calculation, please access the WACC Calculator.


PT MNC Asia Holding Tbk  (ISX:BHIT) WACC % Explanation

Because it costs money to raise capital. A firm that generates higher ROIC % than it costs the company to raise the capital needed for that investment is earning excess returns. A firm that expects to continue generating positive excess returns on new investments in the future will see its value increase as growth increases, whereas a firm that earns returns that do not match up to its cost of capital will destroy value as it grows.

As of today, PT MNC Asia Holding Tbk's weighted average cost of capital is 9.47%%. PT MNC Asia Holding Tbk's ROIC % is 3.25% (calculated using TTM income statement data). PT MNC Asia Holding Tbk earns returns that do not match up to its cost of capital. It will destroy value as it grows.


Be Aware

1. GuruFocus uses book value of debt (D) to do the calculation. It is simplified by adding latest one-year quarterly average Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation together.
For companies that report quarterly, GuruFocus combines all of the most recent year's quarterly debt data from the beginning of the year to the year-end and calculates the average.
For companies that report semi-annually, GuruFocus combines all of the most recent year's semi-annual debt data from the start of the year to the year-end and calculates the average.
For companies that report annually, GuruFocus combines the beginning and ending annual debt data from the most recent year and then calculates the average.

2. The WACC formula discussed above does not include Preferred Stock. Please adjust if preferred stock is considered.

3. (Expected Return of the Market - Risk-Free Rate of Return) is also called market premium. GuruFocus requires market premium to be 6%.

4. GuruFocus uses the latest TTM Interest Expense divided by the latest one-year quarterly average debt to get the simplified cost of debt.


Related Terms

PT MNC Asia Holding Tbk WACC % Historical Data

* Premium members only.

The historical data trend for PT MNC Asia Holding Tbk's WACC % 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 MNC Asia Holding Tbk WACC % Chart

PT MNC Asia Holding Tbk Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
WACC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.45 6.58 6.46 6.79 8.06

PT MNC Asia Holding Tbk Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
WACC % 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 7.87 8.03 9.29 9.13 9.51

ISX:BHIT vs NFLX, DIS, WBD: WACC % Comparison

For the Entertainment subindustry, PT MNC Asia Holding Tbk's WACC %, along with its competitors' market caps and WACC % 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 MNC Asia Holding Tbk WACC % vs Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, PT MNC Asia Holding Tbk's WACC % distribution charts can be found below:

* The bar in red indicates where PT MNC Asia Holding Tbk's WACC % falls into.


ISX:BHIT
66GF Score
PT MNC Asia Holding Tbk ISX:BHIT
WACC % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

PT MNC Asia Holding Tbk WACC % Calculation

The weighted average cost of capital (WACC) is the rate that a company is expected to pay on average to all its security holders to finance its assets. The WACC is commonly referred to as the firm's cost of capital. Generally speaking, a company's assets are financed by debt and equity. WACC is the average of the costs of these sources of financing, each of which is weighted by its respective use in the given situation. By taking a weighted average, we can see how much interest the company has to pay for every dollar it finances.

WACC=E/(E + D)*Cost of Equity+D/(E + D)*Cost of Debt*(1 - Tax Rate)

1. Weights:
Generally speaking, a company's assets are financed by debt and equity. We need to calculate the weight of equity and the weight of debt.
The market value of equity (E) is also called "Market Cap". As of today, PT MNC Asia Holding Tbk's market capitalization (E) is Rp2088568.544 Mil.
The market value of debt is typically difficult to calculate, therefore, GuruFocus uses book value of debt (D) to do the calculation. It is simplified by adding the latest one-year quarterly average Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation together. As of Mar. 2026, PT MNC Asia Holding Tbk's latest one-year quarterly average Book Value of Debt (D) is Rp11198390.6 Mil.
a) weight of equity = E / (E + D) = 2088568.544 / (2088568.544 + 11198390.6) = 0.1572
b) weight of debt = D / (E + D) = 11198390.6 / (2088568.544 + 11198390.6) = 0.8428

2. Cost of Equity:
GuruFocus uses Capital Asset Pricing Model (CAPM) to calculate the required rate of return. The formula is:
Cost of Equity = Risk-Free Rate of Return + Beta of Asset * (Expected Return of the Market - Risk-Free Rate of Return)
a) GuruFocus uses 10-Year Treasury Constant Maturity Rate as the risk-free rate. It is updated daily. The current risk-free rate is 4.587%. Please go to Economic Indicators page for more information. Please note that we use the 10-Year Treasury Constant Maturity Rate of the country/region where the company is headquartered. If the data for that country/region is not available, then we will use the 10-Year Treasury Constant Maturity Rate of the United States as default.
b) Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. PT MNC Asia Holding Tbk's beta is 1.1444.
c) (Expected Return of the Market - Risk-Free Rate of Return) is also called market premium. GuruFocus requires market premium to be 6%.
Cost of Equity = 4.587% + 1.1444 * 6% = 11.4534%

3. Cost of Debt:
GuruFocus uses latest TTM Interest Expense divided by the latest one-year quarterly average debt to get the simplified cost of debt.
As of Mar. 2026, PT MNC Asia Holding Tbk's interest expense (positive number) was Rp1113213 Mil. Its total Book Value of Debt (D) is Rp11198390.6 Mil.
Cost of Debt = 1113213 / 11198390.6 = 9.9408%.

4. Multiply by one minus TTM Tax Rate:
GuruFocus uses the most recent TTM Tax Expense divided by the most recent TTM Pre-Tax Income to calculate the tax rate. The calculated TTM tax rate is limited to between 0% and 100%. If the calculated tax rate is higher than 100%, it is set to 100%. If the calculated tax rate is less than 0%, it is set to 0%.
The latest calculated TTM Tax Rate = 136957 / 1623682 = 8.43%.

PT MNC Asia Holding Tbk's Weighted Average Cost Of Capital (WACC) for Today is calculated as:

WACC=E / (E + D)*Cost of Equity+D / (E + D)*Cost of Debt*(1 - Tax Rate)
=0.1572*11.4534%+0.8428*9.9408%*(1 - 8.43%)
=9.47%

* 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 WACC % →
What does a WACC % of 9.47% mean?
PT MNC Asia Holding Tbk (ISX:BHIT) has a WACC % of 9.47% as of Jul. 14, 2026. The weighted average cost of capital (WACC) is the average rate a company pays to finance assets. View historical data on PT MNC Asia Holding Tbk and its competitors. This is 45% above median its historical median of 6.52. Over the past decade, PT MNC Asia Holding Tbk's WACC % has ranged from 3.90 to 9.48. According to the industry distribution chart, PT MNC Asia Holding Tbk ranks #667 out of 1039 companies in the Media - Diversified industry, placing it in the top 64.2%.
Is PT MNC Asia Holding Tbk's WACC % too high?
PT MNC Asia Holding Tbk's current WACC % of 9.47% is 45% above median its 10-year median of 6.52. Over the past 10 years, this metric has ranged from a low of 3.90 to a high of 9.48. The Media - Diversified industry median WACC % is 7.35. PT MNC Asia Holding Tbk's value of 9.47% is 28.8% above this industry median. Based on the distribution chart, PT MNC Asia Holding Tbk ranks #667 out of 1039 companies in the Media - Diversified industry, which is below the industry midpoint. Overall, PT MNC Asia Holding Tbk has a GF Score™ of 66/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does PT MNC Asia Holding Tbk's WACC % compare to NFLX and DIS?
According to the Media - Diversified industry distribution chart, PT MNC Asia Holding Tbk ranks #667 out of 1039 companies for WACC %. This places PT MNC Asia Holding Tbk in the lower half of its industry. The industry median WACC % is 7.35. PT MNC Asia Holding Tbk's value of 9.47% is 28.8% above this benchmark. Historically, PT MNC Asia Holding Tbk's own WACC % has ranged from 3.90 to 9.48 over the past decade. While the company's 10-year median is 6.52 vs. the industry median of 7.35, PT MNC Asia Holding Tbk has consistently been above 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 WACC % for a Media - Diversified company?
The median WACC % among Media - Diversified companies is 7.35, based on 1,039 companies in the industry. Companies in the top quartile (top 25%) have a WACC % significantly above this median, while those in the bottom quartile fall well below. However, WACC % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. PT MNC Asia Holding Tbk's current WACC % of 9.47% is 28.8% above 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 WACC % mean?
A high WACC % can signal that a stock is expensive relative to its fundamentals. The weighted average cost of capital (WACC) is the average rate a company pays to finance assets. View historical data on PT MNC Asia Holding Tbk and its competitors. For the Media - Diversified industry, the median WACC % is 7.35 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT MNC Asia Holding Tbk's current WACC % is 9.47%, which is 45% above median its own 10-year median of 6.52. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT MNC Asia Holding Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT MNC Asia Holding Tbk (ISX:BHIT) is currently considered Possible Value Trap. The stock's GF Value™ is Rp37.29, compared to a current price of Rp25.00 — trading 33% below its estimated fair value. The current WACC % is 9.47%, which is 45% above median its 10-year median of 6.52 and 28.8% above the Media - Diversified industry median of 7.35. PT MNC Asia Holding Tbk's overall GF Score™ is 66/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is WACC % calculated?
WACC % is calculated from a company's financial statements. For PT MNC Asia Holding Tbk (ISX:BHIT), the current WACC % is 9.47% as of Jul. 14, 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 MNC Asia Holding Tbk (ISX:BHIT) Overvalued in 2026?

Based on GuruFocus' analysis, PT MNC Asia Holding Tbk stock appears to be undervalued. The current stock price of Rp25.00 is trading 33% below its estimated GF Value™ of Rp37.29. GuruFocus considers PT MNC Asia Holding Tbk to be Possible Value Trap.

Key valuation signals for ISX:BHIT:

  • WACC %: 9.47% (45% above median its 10-year median of 6.52)
  • GF Value™: Rp37.29 vs. price of Rp25.00 (33% below fair value)
  • GF Score™: 66/100 with 5 warning signs
  • Industry Position: 28.8% above the Media - Diversified median (#667 of 1039)

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


PT MNC Asia Holding Tbk Business Description

Address Jalan Kebon Sirih Timur Kav. 21-27, MNC Bank Tower, MNC Center, 21st Floor, RT.15/RW.7, Kota Jakarta Pusat, Gambir, Kec. Menteng, Daerah Khusus Ibukota Jakarta, Jakarta, IDN, 10340
PT MNC Asia Holding Tbk is an integrated investment group with a strategic portfolio across the media and entertainment, financial services, and tourism and hospitality sectors. The Group's operating segments are: Financing and securities, Bank financial institution, Advertising and content, Pay TV and Broadband, Mining, and Others. The majority of its revenue is derived from the Advertising and content segment, which represents income generated from the Group's advertising and content-based media businesses, including direct-to-home pay TV services, operation of media networks, content production and distribution, and offering digital and OTT streaming services, among other related business activities.
66GF Score

Get the complete analysis for ISX:BHIT

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

Rp25.00
Price
Rp37.29
GF Value