1. Indonesia Stocks

  2. •

    Industrials

  3. •

    Trucking
PT Mandiri Herindo Adiperkasa Tbk

PT Mandiri Herindo Adiperkasa Tbk

MAHA.JK
PT Mandiri Herindo Adiperkasa TbkID flagIndonesia Stock Exchange
139.00
IDR
- -
- -
2.28TMarket Cap
PT Mandiri Herindo Adiperkasa Tbk
MAHA.JK
(Indonesia Stock Exchange)

Recent

price

139.00

P/E

ratio

- -

div

yld

- -

ROIC.AI

2020
2021
2022
2023
2024
2025
TTM
FRC
59.85
79.17
98.52
138.93
152.76
178.11
154.67
Revenue per Share
8.15
18.71
30.1
18.82
17.82
14.78
12.7
Basic EPS, GAAP
-1.43
-1.62
-6.75
-29.42
-18.44
-6.69
-8.81
Free Cash Flow per Basic Share
3
4.8
6
7.02
12.01
11.99
- -
Dividend per Share
30.8
44.71
68.81
109.73
99.52
103.72
89.7
Book Value per Share
30.2
44.08
68.19
126.95
112.57
115.96
102.11
Tangible Book Value per Share
16,666
16,666
16,666
14,236
16,654
16,407
16,412
Basic Weighted Avg Shares
997,535
1,319,398
1,641,927
1,977,730
2,544,018
2,922,315
2,538,440
Sales/Revenue/Turnover
19.23
18.62
20.52
20.03
14.69
15.34
12.2
Operating Margin (%)
1,293
2,451
1,631
5,428
6,608
8,548
7,190
Depreciation Expense
135,784
311,779
501,621
267,946
296,717
242,527
208,463
Net Income, GAAP
23.77
15.09
13.13
24.37
22.08
29.86
25.81
Effective Tax Rate (%)
13.61
23.63
30.55
13.55
11.66
8.3
8.21
Profit Margin (%)
53,096
96,986
135,792
458,227
278,623
402,696
185,533
Working Capital
39,750
70,910
63,081
218,145
170,758
332,549
223,345
LT Debt
503,637
734,912
1,137,020
1,807,511
1,875,176
1,902,859
1,676,186
Total Equity
- -
27.47
26.82
17.06
13
13.12
10.81
Return on Invested Capital (%)
- -
42.47
47.7
18.05
16.29
12.82
12.79
Return on Capital (%)
- -
49.55
53.03
19.78
18.43
14.44
14.21
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Dec'24
Mar'25
Jun'25
ST Debt
207,876
248,151
254,811
LT Borrowings
249
204
158
LT Finance Leases
170,509
214,000
223,187
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
16,523
16,401
16,395
Market Capitalization
2,849,886
2,445,394
2,494,630

Working Capital

FRC

•

in mil. unless spec.
Dec'24
Mar'25
Jun'25
Total Current Assets
891,093
931,300
716,019
Cash, Cash Equivalents & STI
372,595
494,042
271,188
Accounts Receivable, Net
426,557
341,968
346,786
Inventories
86,580
80,888
78,704
Total Current Liabilities
612,469
654,960
530,486
Payables & Accruals
- -
- -
- -
ST Debt
207,876
248,151
254,811
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
32.97%
1.48%
Free Cash Flow
- -
102.07%
-64.27%
Net Income, GAAP
- -
27.28%
-18.26%
Sales/Revenue/Turnover
- -
24.13%
14.87%
Total Cash Common Dividend
- -
- -
-1.63%

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
622,679
614,270
634,166
672,902
2,544,018
2025
641,036
590,335
897,806
- -
2,922,315
2026
724,486
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
4.39
- -
- -
- -
17.82
2025
0.67
- -
- -
- -
14.78
2026
5.3
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
12.01
2025
- -
- -
- -
- -
11.99
2026
- -
- -
- -
- -
- -
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Business
PT Mandiri Herindo Adiperkasa Tbk, also known as Mandiri Services, delivers extensive mineral and coal transportation and mining support within Indonesia. The company operates a specialized fleet comprising various trailer configurations and dump trucks to facilitate efficient coal hauling services. Recognized as a prominent provider in its field, the firm strategically operates across key regions including East, North, and Central Kalimantan, supported by dedicated infrastructure like workshops and training centers. Established in 1994 and headquartered in Jakarta, the company further solidified its market presence through its public listing on the Indonesia Stock Exchange in 2023. Since becoming a publicly traded entity, it has achieved substantial growth, surpassing coal production targets, and remains committed to sustainable operational practices.