Is Elang Mahkota (EMTK) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2024
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 2.7% / 30% | 20.6% / 30% | 6.2% / 30% | 3.66% / 5% | ✓ HALAL |
| DJIM | 2.7% / 33% | 20.6% / 33% | 6.2% / 33% | 3.66% / 5% | ✓ HALAL |
| MSCI | 2.7% / 33% | 20.2% / 33% | 6.1% / 33% | 3.66% / 5% | ✓ HALAL |
| S&P | 2.7% / 33% | 20.6% / 33% | 6.2% / 33% | 3.66% / 5% | ✓ HALAL |
| FTSE | 2.7% / 33% | 20.2% / 33% | 6.1% / 50% | 3.66% / 5% | ✓ HALAL |
Financial Highlights
Profitability
| Gross Margin | 26.4% | |
| Operating Margin | 1.5% | |
| Net Margin | 35.5% | |
| Return on Equity (ROE) | 19.1% | |
| Return on Assets (ROA) | 1.0% |
Cash Flow & Balance Sheet
| Free Cash Flow | $837.0B |
| Total Debt | $1.2T |
| Debt-to-Equity | 4.0 |
| Current Ratio | 6.1 |
| Total Assets | $46.0T |
Price & Trading
| Last Close | IDR 845.00 |
| 50-Day MA | IDR 876.40 |
| 200-Day MA | IDR 1,010.74 |
| Avg Volume | 65.4M |
|
52-Week Range
IDR 464.00
| |
About Elang Mahkota (EMTK)
PT Elang Mahkota Teknologi Tbk, through its subsidiaries, engages in the media, healthcare, aviation support services and other businesses in Indonesia. The company's Media segment is involved in the free-to-air television broadcasting business through six television channels, including PT Indosiar Visual Mandiri, PT Surya Citra Televisi, PT Surya Citra Pesona, PT Citaprima Jakarta Telivisi, PT Ajwa Berkah Televisi, and PT Omni Intivision, as well as content, film and video production and distribution, megaportal website, and digital publishing businesses. This segment also engages in the subscription broadcasting of satellite television under PT Mediatama Televisi. The company's Healthcare segment offers a range of medical services. Its aviation support services segment provides representing ground and cargo handling, aircraft release and maintenance, catering and aviation training services. The Others segment provides connectivity services, such as internet service provision, solution, investment and other businesses. The company is also involved in trading of medical equipment, television broadcasting, online media, healthcare, management consulting, trading and telecommunication, tower lease services, information technology, film and content trading, content management and production, production house and multimedia industry, ad based video-on-demand and subscription video-on demand, management and lease of broadcasting and film studios and multimedia, web portals, and digital advertising services. In addition, it is engaged in production house, subscription broadcasting of satellite television, contents, entertainment and multimedia management and production, digital platform, artist management, film production, outdoor media advertising, digital content, agriculture, as well as real estate, facility and airport management, and restaurant services. PT Elang Mahkota Teknologi Tbk was founded in 1983 and is based in Jakarta, Indonesia.
Purification Calculator
As a halal stock with 3.66% impermissible income, you need to purify your dividends.
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Frequently Asked Questions
Is Elang Mahkota (EMTK) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), Elang Mahkota is Halal. The company passes all financial ratio thresholds for debt, cash, receivables, and impermissible income. We screen against all 5 major standards: AAOIFI, DJIM, MSCI, S&P, and FTSE.
What is Elang Mahkota's debt ratio?
Elang Mahkota's debt ratio is 2.7% under the AAOIFI standard (which uses market capitalization as the denominator). The AAOIFI threshold is 30%. Under MSCI and FTSE (which use total assets as the denominator), the debt ratio is 2.7%.
Does Elang Mahkota require dividend purification?
Yes, Elang Mahkota has an impermissible income ratio of 3.66%, which means 3.66% of any dividends received should be donated to charity as purification. This is because a small portion of the company's revenue comes from non-Shariah-compliant sources.
What are Elang Mahkota's key financial metrics?
Elang Mahkota has a market capitalization of $50.2T, trailing P/E ratio of 6.7, and revenue of $12.2T. The company maintains a gross margin of 26.4% and a net margin of 35.5%. Return on equity stands at 19.1%.
How often is the screening data updated?
Our screening data is updated regularly using the latest available financial statements and market data. Stock prices and market caps are refreshed frequently, while financial statements are updated quarterly when companies report earnings.
Disclaimer: HalalStockGuide.com provides Shariah compliance screening for educational and informational purposes only. This is not a fatwa, financial advice, or a recommendation to buy or sell any security. Screening results are based on publicly available financial data and established methodologies. Always consult a qualified Islamic scholar and a licensed financial advisor before making investment decisions.