PT Multikarya Asia Pasifik Raya Tbk (MKAP.JK)

Indonesia · Energy · IDR

Key financials

ROE: 18.41%; 2025 (actual)
ROA: 10.49%; 2025 (actual)
Gross Margin: 33.4%; 2025 (actual)
Net Margin: 13.64%; 2025 (actual)
Total Assets: IDR 536,122.41M; 2025 (actual)
Net Income: IDR 55,344.18M; 2025 (actual)
Valuation: IDR 1,106,750.12M; 2026 (forecast)
Stock Price: IDR 340.54; 2026 (forecast)

Historical & projected performance

Reported figures and Equlion model projections for the next 5 years.

Metric	2025 (actual)	2026 (forecast)	2027	2028	2029	2030	2031
ROE	18.41%	14.74%	14.12%	12.57%	11.47%	10.58%	9.69%
Sector average	-	2.03%	17.27%	8.53%	4.54%	10.16%	34.9%
ROA	10.49%	9.35%	9.65%	8.93%	8.42%	7.98%	7.48%
Sector average	-	4.5%	3.57%	3.17%	2.94%

Amounts in IDR (millions); stock price per share. Values that are missing or fail Equlion's automated data-quality checks are shown as “-”. Stock price and valuation carry no data date: they are the Equlion model's estimate for 2026. Projections are model estimates, not investment advice.

Want the full financial forecast report for PT Multikarya Asia Pasifik Raya Tbk? It covers the balance sheet, income statement and Equlion model projections.

Gross Margin	33.4%	31.48%	31.48%	31.48%	31.48%	31.48%	31.48%
Sector average	-	23.78%	23.78%	23.78%	23.78%	23.78%	22.46%

Net Margin	13.64%	11.16%	11.65%	11.7%	11.88%	12.01%	11.99%
Sector average	-	6.49%	5.66%	5.72%	6.09%	6.29%	9.07%

Total Assets	IDR 536,122.41M	IDR 509,095.24M	IDR 561,262.64M	IDR 614,345.59M	IDR 668,980.95M	IDR 725,559.62M	IDR 782,645.09M
Sector average	-	IDR 2,494,551.68M	IDR 2,721,777.99M	IDR 2,952,455.19M	IDR 3,188,422.46M	IDR 3,429,670.73M	IDR 2,411,277.85M

Net Income	IDR 55,344.18M	IDR 48,876.46M	IDR 51,631.43M	IDR 52,506.43M	IDR 54,016.96M	IDR 55,656.45M	IDR 56,375.03M
Sector average	-	IDR 218,387.93M	IDR 213,373.77M	IDR 215,830.34M	IDR 220,263.47M	IDR 224,005.49M	IDR 242,275.21M

Valuation	-	IDR 1,106,750.12M	IDR 1,118,014.79M	IDR 1,136,842.03M	IDR 1,163,325.21M	IDR 1,198,340.82M	IDR 1,244,289.37M
Sector average	-	IDR 68,749,850.91M	IDR 70,073,045.58M	IDR 71,886,170.26M	IDR 74,118,657.08M	IDR 76,917,536.98M	IDR 8,453,292.77M

Stock Price	-	IDR 340.54	IDR 344	IDR 349.8	IDR 357.95	IDR 368.72	IDR 382.86
Sector average	-	IDR 2,500.43	IDR 2,541	IDR 2,595.61	IDR 2,661.25	IDR 2,748.14	IDR 2,798.31