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PT Multikarya Asia Pasifik Raya Tbk

PT Multikarya Asia Pasifik Raya Tbk

IIDX:MKAP
1,055.00
IDR
-5.00
(-0.47%)
16.05EPS
72.91P/E
3.80TMarket Cap
PT Multikarya Asia Pasifik Raya Tbk
IDX:MKAP
(Indonesia Stock Exchange)

Recent

price

1,055.00

P/E

ratio

72.91

div

yld

-NaN%

ROIC.AI

2020
2021
2022
2023
2024
2025
TTM
IDR
47.43
34.45
60
71.43
113.28
124.81
146.27
Revenue per Share
0.33
4.62
-0.51
9.92
12.93
17.03
16.05
Basic EPS, GAAP
- -
- -
- -
- -
- -
- -
- -
Free Cash Flow per Basic Share
- -
- -
1.69
- -
- -
3
- -
Dividend per Share
38.05
42.85
40.67
50.51
85.46
99.5
104.59
Book Value per Share
38.03
42.71
40.58
50.46
85.42
99.43
104.38
Tangible Book Value per Share
3,250
3,250
3,250
3,250
3,145
3,250
2,638
Basic Weighted Avg Shares
154,138
111,964
195,009
232,154
356,263
405,636
385,838
Sales/Revenue/Turnover
4.43
5.54
9.14
12.59
19.23
16.85
13.59
Operating Margin (%)
5,044
4,695
4,411
3,991
5,105
6,087
5,907
Depreciation Expense
1,079
15,020
-1,655
32,234
40,675
55,344
42,328
Net Income, GAAP
- -
13.93
196.9
15.72
23.12
19.95
20.22
Effective Tax Rate (%)
0.7
13.41
-0.85
13.88
11.42
13.64
10.97
Profit Margin (%)
16,992
46,040
53,672
71,343
156,604
187,931
192,422
Working Capital
17,429
9,703
1,741
36,885
27,650
29,657
31,629
LT Debt
123,667
139,274
132,172
164,161
277,754
323,374
339,902
Total Equity
- -
2.73
-4.31
16.9
14.15
11.24
11.89
Return on Invested Capital (%)
- -
10.93
-3.99
16.65
14.26
14.02
12.04
Return on Capital (%)
- -
11.42
-1.22
21.76
18.41
18.41
13.27
Return on Common Equity (%)

Capital Structure

IDR

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
120,407
103,655
91,986
LT Borrowings
28,769
24,529
31,205
LT Finance Leases
888
640
424
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
3,250
3,250
3,250
Market Capitalization
1,111,500
3,510,000
3,802,500

Working Capital

IDR

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
366,269
349,220
324,813
Cash, Cash Equivalents & STI
38,889
42,107
46,293
Accounts Receivable, Net
114,015
97,899
85,067
Inventories
142,185
144,352
121,754
Total Current Liabilities
178,338
175,588
132,391
Payables & Accruals
- -
- -
- -
ST Debt
120,407
103,655
91,986
Deferred Revenue
- -
- -
- -

Growth Rates

IDR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
23.47%
16.42%
Free Cash Flow
- -
- -
- -
Net Income, GAAP
- -
-160.97%
36.06%
Sales/Revenue/Turnover
- -
26.64%
13.86%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

IDR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
79,660
60,275
71,699
144,629
356,263
2025
127,976
72,074
67,271
138,316
405,636
2026
89,891
90,360
- -
- -
- -

Quarterly Earnings Per Share

IDR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
19.38
2.07
3.54
2.13
12.93
2025
23.31
3.34
5.13
2.81
17.03
2026
7.78
3.16
- -
- -
- -

Quarterly Dividends Per Share

IDR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
3
2026
- -
- -
- -
- -
- -
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Business
PT Multikarya Asia Pasifik Raya Tbk engages in manufacturing, trading, rental, and repair services primarily for the oil and gas industry in Indonesia and the broader Southeast Asian region. The company offers a range of core products and services including reciprocating, centrifugal, and screw pumps; mud pump parts and expendables; centrifugal pump parts; butterfly and gate valves; handling tools; solid control equipment; gas and diesel power generation sets; and wellhead compressors. It also provides comprehensive rental, repair and recertification, maintenance, machining, and general trading services supporting oilfield operations and power generation. The company operates workshops in Jakarta, South Sumatra, and West Java, supporting its service and manufacturing operations. Founded in 2002 and headquartered in South Jakarta, Indonesia, PT Multikarya Asia Pasifik Raya Tbk is a subsidiary of PT International Sawo Resources. Recent developments include the company's initial public offering (IPO) in February 2024, which marked a significant milestone in its corporate structure and capital raising. Additionally, the company decided to allocate its entire net profit of 2023, amounting to IDR 32 billion, towards working capital, indicating a strategic focus on operational expansion and liquidity strengthening. PT Multikarya Asia Pasifik Raya Tbk also continues to expand its product and service portfolio to enhance support for oil and gas extraction and power generation sectors, maintaining its market presence across Indonesia and parts of Southeast Asia including Australia. The company targets the oil and gas industry along with related power generation sectors and operates primarily in Indonesia with regional reach in Southeast Asia and Australia. PT Multikarya Asia Pasifik Raya Tbk's business segments cover equipment manufacturing, pump and valve trading, equipment rental and maintenance, and provision of spare parts critical to oilfield operations. The company reported revenues mainly from heavy equipment procurement, sales of spare parts, rentals, and service income, confirming its integrated service approach to industry demands. Leadership includes President Director Eric Handoko, under whose management the company sustains growth and operational effectiveness. The company continues to emphasize customer satisfaction, product quality, and service reliability as keystones of its business strategy.