Gudang Garam (GGRM) Financial Ratio Screen

JKT Consumer Defensive Indonesia IDR 26648620M
BUSINESS EXCLUSION FLAG*
Automated financial screen · activity assessed separately
Gudang Garam (GGRM) is potentially non-compliant because its supplied classification is Tobacco. Companies operating in prohibited sectors such as conventional banking, insurance, alcohol, tobacco, and gambling are automatically excluded regardless of their financial ratios.

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MSCI new-inclusion financial-ratio snapshot

GGRM financial screening at a glance

BUSINESS EXCLUSION FLAG*Financial ratios shown separately from business review — not a fatwa
Debt ratio
N/A
Not available vs 30%
Cash ratio
N/A
Not available vs 30%
Receivables + cash
N/A
Not available vs 30%
Impermissible income
N/A
Not available vs 5%

Calculation date: 2026-08-31. Financial period used: December 2024. The ratios are automated proxies inspired by published methodologies; they are not official index determinations.

Independent method comparison

What the available screens say

How MSCI, FTSE and S&P-style screens differ
Request this stock review
MSCI-styleBusiness exclusion flagSupplied classification requires attention
FTSE/Yasaar-styleBusiness exclusion flagSupplied classification requires attention
S&P-style provisionalNot yet availableRequired denominator or financial data is incomplete
Business activityBusiness exclusion flagSupplied sector or industry classification matched an exclusion
Complete screening result: not yet completeA complete result requires both supported financial criteria and adequate activity evidence. This site does not issue a fatwa or official index decision.
Financial periodDecember 2024Calculation date2026-08-31S&P-style historynot availableLast activity reviewnot yet reviewed

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Business activity evidence

Business exclusion flag

The supplied classification (Tobacco) matches a prohibited-activity category.

Revenue segments: Not yet checked against an SEC annual filing.

Profile description reviewed: PT Gudang Garam Tbk, together with its subsidiaries, engages in the manufacture and sale of cigarettes in Indonesia and internationally. It operates through Cigarettes, Paperboards, Infrastructure, and Others segments. The company offers hand-rolled, machine-made, and klobot clove cigarettes. The company markets its products under the Gudang Garam Family, Surya Family, and GG Family brand names. It also involved in trading business; and provision of safety protective equipment, and investment, toll road and construction services. In addition, the company offers tobacco processing, non-scheduled air transportation, infrastructure, entertainment, and tourism services. The company was formerly known as PT Perusahaan Rokok Tjap “Gudang Garam” Kediri. PT Gudang Garam Tbk was founded in 1958 and is headquartered in Kediri, Indonesia. PT Gudang Garam Tbk is a subsidiary of PT Suryaduta Investama.

Sources to verify: Secondary company profile and classification · Issuer website

A sector label or company description can flag a risk but cannot establish a compliant-revenue percentage. Only sourced segment disclosures may support that calculation.

Published-ratio reproductions (not certifications)

The table shows implemented MSCI and FTSE/Yasaar-style asset-based models plus a provisional S&P-style leverage reconstruction where a complete 36-month denominator exists. These are independent calculations, not official index results or Shariah determinations. See formulas, sources and limitations.

Based on financial data from December 2024

Standard Debt Ratio Cash Ratio Receivables Income Status
MSCI Excluded — Tobacco BUSINESS EXCLUSION FLAG*
FTSE Excluded — Tobacco BUSINESS EXCLUSION FLAG*

Financial Highlights

P/E Ratio
24.3
Forward: 7.1
EPS
$569.24
Dividend Yield
361.0%
Payout: 87.9%
P/B Ratio
0.4
EV/EBITDA
4.7
EV: $24.4T
Revenue
$98.7T
Growth: -3.8%
Beta
0.7
Low volatility
Current Ratio
3.3

Profitability

Gross Margin 9.1%
Operating Margin 5.9%
Net Margin 1.2%
Return on Equity (ROE) 1.8%
Return on Assets (ROA) 1.5%

Cash Flow & Balance Sheet

Free Cash Flow$3.3T
Total Debt$9.4T
Debt-to-Equity3.6
Current Ratio3.3
Total Assets$84.9T

Price & Trading

Last CloseIDR 14,100.00
50-Day MAIDR 15,538.50
200-Day MAIDR 12,808.00
Avg Volume1.3M
Beta0.7
52-Week Range
IDR 8,300.00
IDR 17,825.00

Financial data provenance and verification

The displayed fields were imported from yfinance on 2026-03-29 for the financial period December 2024. This is a secondary data feed and can differ from amended or newly filed statements.

Verification rule: check debt, cash, receivables, revenue and interest income against the latest primary filing before relying on an automated ratio.

About Gudang Garam (GGRM)

CEO
Mr. Susilo Wonowidjojo
Employees
25,445
Sector
Consumer Defensive
Industry
Tobacco
Country
Indonesia
Exchange
JKT
Market Cap (listing currency)
IDR 26648620M
Currency
IDR

PT Gudang Garam Tbk, together with its subsidiaries, engages in the manufacture and sale of cigarettes in Indonesia and internationally. It operates through Cigarettes, Paperboards, Infrastructure, and Others segments. The company offers hand-rolled, machine-made, and klobot clove cigarettes. The company markets its products under the Gudang Garam Family, Surya Family, and GG Family brand names. It also involved in trading business; and provision of safety protective equipment, and investment, toll road and construction services. In addition, the company offers tobacco processing, non-scheduled air transportation, infrastructure, entertainment, and tourism services. The company was formerly known as PT Perusahaan Rokok Tjap “Gudang Garam” Kediri. PT Gudang Garam Tbk was founded in 1958 and is headquartered in Kediri, Indonesia. PT Gudang Garam Tbk is a subsidiary of PT Suryaduta Investama.

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Frequently Asked Questions

Is Gudang Garam (GGRM) halal to invest in?

The current automated result is Financial criteria not met or an activity exclusion was detected. It uses available public financial fields and simplified methodology proxies. It is not a fatwa or an official determination by AAOIFI, DJIM, MSCI, S&P, or FTSE.

What is Gudang Garam's debt ratio?

Gudang Garam's debt ratio is not available in the MSCI new-inclusion reproduction: total debt divided by total assets, against a 30% threshold. See the methodology page for the official source and limitations.

What are Gudang Garam's key financial metrics?

Gudang Garam has a market capitalization of IDR 26648620M in its listing currency, trailing P/E ratio of 24.3, and revenue of $98.7T. The company maintains a gross margin of 9.1% and a net margin of 1.2%. Return on equity stands at 1.8%.

How often is the screening data updated?

Calculation date: 2026-08-31. Financial period: December 2024. These dates are shown separately because regenerating this page does not refresh the underlying data.

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.