PT Garuda Indonesia (Persero) Tbk Class B

PT Garuda Indonesia (Persero) Tbk Class B

43.00
IDR
+1.00
(+2.38%)
-29.14EPS
28.09TMarket Cap

Total Valuation

IDR

As of March 31, 2026, PT Garuda Indonesia (Persero) Tbk Class B carries a market capitalization of 28.09T, placing it among publicly traded companies globally. Its enterprise value stands at 77.97T, reflecting the total theoretical takeover cost after accounting for cash holdings and debt obligations.

Market Cap28.09T
Enterprise Value77.97T

Share Statistics

As of March 31, 2026, PT Garuda Indonesia (Persero) Tbk Class B has 407.09B shares outstanding.

Shares Outstanding407.09B

Valuation Ratios

These figures are as of March 31, 2026. The price-to-sales ratio is 0.24, and the price-to-book ratio stands at -41.71.

PS Ratio0.24
PB Ratio-41.71
P/TBV Ratio-41.61

Enterprise Valuation

As of March 31, 2026, PT Garuda Indonesia (Persero) Tbk Class B trades at an EV/EBITDA multiple of 46.67 - the valuation measure that neutralizes differences in capital structure, tax rates, and depreciation policy, making it the standard yardstick for comparing companies across an industry. The EV/Sales ratio of 1.46 reflects the premium investors pay for the company's revenue stream, a useful check when earnings are depressed or negative. Its EV/EBIT multiple of 46.67 values the business against core operating earnings after depreciation, a stricter test than EV/EBITDA for capital-intensive businesses. These enterprise value multiples are built on an enterprise value of 77.97T versus a market cap of 28.09T, with the gap driven by net debt and cash on the balance sheet.

EV / Sales1.46
EV / EBITDA46.67
EV / EBIT46.67

Financial Position

As of March 31, 2026, PT Garuda Indonesia (Persero) Tbk Class B maintains a current ratio of 0.98, meaning it holds 1.0x the short-term assets needed to cover near-term liabilities. The debt-to-equity ratio is 5,399.22, indicating elevated leverage, while an interest coverage ratio of 0.21 demonstrates limited ability to service its debt obligations.

Current Ratio0.98
Quick Ratio0.56
Debt / Equity5,399.22
Debt / EBITDA37.48
Interest Coverage0.21

Financial Efficiency

IDR

These figures cover the twelve months ended March 31, 2026. Return on assets (ROA) is negative at -4.67, reflecting losses generated across the asset base. The company generates approximately 4.84B in revenue per employee across its workforce of 11,006.50, a quick read on workforce productivity versus industry peers. Inventory turnover of 30.47 indicates how many times PT Garuda Indonesia (Persero) Tbk Class B sells and replaces its inventory over a year, a key working capital efficiency ratio.

Return on Assets (ROA)-4.67
Revenue Per Employee4.84B
Employee Count11,006.50
Inventory Turnover30.47

Taxes

IDR

Over the twelve months ended March 31, 2026, PT Garuda Indonesia (Persero) Tbk Class B recorded an income tax benefit of -502.47B rather than an expense, typically from losses, carryforwards, or the release of a tax provision. The company reported a pretax loss of -5.99T and -5.61T in bottom-line net income, so the effective tax rate carries little signal until profitability returns.

Income Tax-502.47B

Stock Price Statistics

IDR

As of the close on October 22, 2026, PT Garuda Indonesia (Persero) Tbk Class B's stock has declined approximately 60.19% over the past 52 weeks. The 50-day moving average sits at 59.82, while the 200-day moving average is 68.32.

52-Week Price Change-60.19%
50-Day Moving Average59.82
200-Day Moving Average68.32

Income Statement

IDR

Over the twelve months ended March 31, 2026, PT Garuda Indonesia (Persero) Tbk Class B generated 53.31T in revenue and converted that into -5.61T in net income, yielding earnings per share of -29.14. EBITDA reached 1.67T, while operating income came in at 2.50T.

Revenue53.31T
Gross Profit7.83T
Operating Income2.50T
Pretax Income-5.99T
Net Income-5.61T
EBITDA1.67T
EBIT1.67T
Earnings Per Share (EPS)-29.14

Balance Sheet

IDR

As of March 31, 2026, PT Garuda Indonesia (Persero) Tbk Class B holds 14.57T in cash and equivalents against 62.62T in total debt, resulting in a net debt position of 9.30T. Total book value stands at -673.47B, with working capital of -505.74B providing operational flexibility.

Cash & Cash Equivalents14.57T
Total Debt62.62T
Net Debt9.30T
Equity (Book Value)-673.47B
Book Value Per Share-1.65
Working Capital-505.74B

Cash Flow

IDR

These figures cover the twelve months ended March 31, 2026.

Capital Expenditures-7.63T

Margins

Over the twelve months ended March 31, 2026, PT Garuda Indonesia (Persero) Tbk Class B posted a gross margin of 14.69, reflecting its pricing power and cost economics. The operating margin of 4.69 and net profit margin of -10.52 provide insight into operational efficiency.

Gross Margin14.69
Operating Margin4.69
Pretax Margin-11.24
Profit Margin-10.52
EBITDA Margin3.13

Dividends & Yields

These figures cover the twelve months ended March 31, 2026. Total shareholder yield is negative at -31.48, meaning PT Garuda Indonesia (Persero) Tbk Class B raised more capital through share issuance and new debt than it returned via dividends and buybacks.

Shareholder Yield-31.48

Stock Splits

PT Garuda Indonesia (Persero) Tbk Class B's most recent stock split took place on April 2, 2014 with a 611:616 split ratio.

Last Split Date4/2/2014
Split Ratio611:616

Scores

As of March 31, 2026, PT Garuda Indonesia (Persero) Tbk Class B has an Altman Z-Score of -0.11, below the 3.0 threshold that indicates strong financial health and minimal bankruptcy risk.

Altman Z-Score-0.11