Drma.Jk
PT Astra International Tbk (DRMA.JK) is an Indonesian automotive and motorcycle parts manufacturer and distributor, operating in the Consumer Cyclicals sector, with primary revenue derived from vehicle sales, parts, and after-sales services.
Business. PT Astra International Tbk (DRMA.JK) is an Indonesian automotive and motorcycle parts manufacturer and distributor, operating in the Consumer Cyclicals sector, with primary revenue derived from vehicle sales, parts, and after-sales services.
Analyst recommendations
4 analysts · consensus BuyAt a glance
What drives this business
The watch-list the newsroom runs for this company — derived from its sector path, sharpened layer by layer. Not investment advice.
News & coverage
0Sector rotation
Developing storylines
Analysis
AI analysisOpportunity
Upcoming catalysts
Scheduled public events. Informational only — not investment advice.
- Company
- EarningsQ3 2026 earnings (expected)2026-10-28 · estimated
- Macro
- Rate decisionBank of England rate decision (press conf.)2026-08-06 · GB
- Rate decisionReserve Bank of Australia rate decision (press conf.)2026-08-12 · AU
- Rate decisionNorges Bank rate decision (press conf.)2026-08-20 · NO
- Rate decisionSveriges Riksbank rate decision (press conf.)2026-09-03 · SE
- Rate decisionBank of Canada rate decision (press conf.)2026-09-09 · CA
- Rate decisionEuropean Central Bank rate decision (press conf.)2026-09-10 · EU
- Macro & political
- ElectionSE Swedish Election2026-09-14 · SE
- ElectionUS U.S. Midterms2026-11-03 · US
- ElectionFR French Legislative2027-06-01 · FR
Pre-earnings brief
Signals & dispatch
Composite-score breakdown
Synthesis
PT Astra International Tbk (DRMA.JK) is an Indonesian automotive and motorcycle parts manufacturer and distributor, operating in the Consumer Cyclicals sector, with primary revenue derived from vehicle sales, parts, and after-sales services.
The company maintains a strong capital structure with a debt-to-equity ratio of 0.1, indicating a conservative leverage position relative to industry norms. Its liquidity position is characterized by a current ratio of 1.88, suggesting adequate short-term liquidity to meet obligations. However, the firm's cash and equivalents amount to only 471.65 million IDR, which is significantly lower than its long-term debt of 278.68 billion IDR, resulting in a net cash deficit.
Profitability metrics show a return on equity (ROE) of 23.51% and a return on assets (ROA) of 15.22%, both of which are well above the industry median for automotive parts firms. These figures suggest the company is effectively utilizing its equity and asset base to generate returns. Gross profit of 107.05 billion IDR and operating income of 84.36 billion IDR further support the company's strong operational performance.
Geographically, the company is heavily concentrated in the Indonesian market, with the majority of its revenue derived from domestic operations. This concentration exposes the firm to local economic and regulatory risks, including currency fluctuations and domestic demand volatility. No significant international revenue streams are disclosed in the latest financial data.
The company's growth trajectory is supported by a robust operating cash flow of 924.03 billion IDR and a free cash flow of 471.71 billion IDR, which provides flexibility for reinvestment or shareholder returns. Capital expenditures of 271.22 billion IDR indicate ongoing investment in infrastructure and production capabilities. Analysts project continued growth, with a mean price target of 1,316.67 IDR and a median of 1,250.00 IDR, reflecting positive sentiment.
Risk factors include a medium liquidity risk due to the net cash deficit and a current ratio that, while acceptable, does not provide a large buffer against unexpected cash flow shortfalls. The firm's dilution risk is assessed as low, with no significant dilution potential identified in the latest filings. However, the risk assessment notes that net cash is negative after subtracting total debt, which could limit financial flexibility in the event of a downturn.
Recent events include the release of the latest financial report, which highlights strong performance across all key financial metrics. No material changes in management or strategic direction were disclosed in the most recent filings. Analysts have issued a mean recommendation of 1.75, indicating a generally positive outlook, with one strong buy, three buy, and no hold ratings.
- The company maintains a conservative debt-to-equity ratio of 0.1, indicating a strong capital structure.
- ROE of 23.51% and ROA of 15.22% suggest efficient use of equity and assets to generate returns.
- The firm is heavily concentrated in the Indonesian market, exposing it to local economic and regulatory risks.
- Analysts project continued growth, with a mean price target of 1,316.67 IDR and a median of 1,250.00 IDR.
- Liquidity risk is moderate, with a current ratio of 1.88 and a net cash deficit after subtracting long-term debt.
Bull / Bear case
analysis pipelineIn focus — financials by report
Valuation
Revenue by segment
Business relationships
Supply chain
Peer comparison
Market position
Stress test
Predictor forecast
| Metric | Our forecast | Guidance | Consensus |
|---|---|---|---|
| EPS | —no estimate | —no estimate | 140,52 |
| Revenue | —no estimate | —no estimate | 6,28T IDR |
| Operating income | —no estimate | —no estimate | 784,6B IDR |
Options
Short squeeze
Earnings-call key lines
Consensus distribution
sell-side coverageEstimate revisions
consensus EPS · 26-week trendSell-side observations
Themes
ESG
Risk factors
- Net cash is negative after subtracting total debt.
Benchmarks vs cohort
Corporate actions / M&A
FX exposure
Comparable transactions
Derivatives & instruments
Derivative transactions
- Director · Stock Option (Right to Buy) → Common StockAcquired 2 500 @ $2,18grant · 2026-01-02
- SVP, CFO · Stock Option (right to buy) → Common StockAcquired 18 000 @ $2,18grant · 2026-01-02
- Director · Stock Option (Right to Buy) → Common StockAcquired 2 500 @ $2,18grant · 2026-01-02
- Director · Stock Option (Right to Buy) → Common StockAcquired 2 500 @ $2,18grant · 2026-01-02
- Senior VP, CDO · Stock Option (right to buy) → Common StockAcquired 18 000 @ $2,18grant · 2026-01-02
- Director · Stock Option (Right to Buy) → Common StockAcquired 2 500 @ $2,18grant · 2026-01-02
- Director · Stock Option (Right to Buy) → Common StockAcquired 2 500 @ $2,18grant · 2026-01-02
- Director · Stock Option (Right to Buy) → Common StockAcquired 2 500 @ $2,18grant · 2026-01-02
- Director, President, CEO and Chairman, 10% owner · Stock Option (right to buy) → Common StockAcquired 37 500 @ $2,18grant · 2026-01-02
- Director · Stock Option (Right to Buy) → Common StockAcquired 2 500 @ $2,18grant · 2026-01-02
- SVP, Regulatory Affairs · Stock Option (right to buy) → Common StockAcquired 9 000 @ $2,18grant · 2026-01-02
- Director, PRESIDENT, CHAIRMAN, CEO, 10% owner · Series C Warrant (Right to Buy) → Common StockAcquired 122 549 @ $2,04grant · 2025-12-23
- Director, PRESIDENT, CHAIRMAN, CEO, 10% owner · Warrant (Right to Buy) → Common StockAcquired 78 740 @ $12,70disposition · 2025-12-23
- Director, PRESIDENT, CHAIRMAN, CEO, 10% owner · Warrant (Right to Buy) → Common StockAcquired 78 740 @ $2,04grant · 2025-12-23
- Director, PRESIDENT, CHAIRMAN, CEO, 10% owner · Series D Warrant (Right to Buy) → Common StockAcquired 122 549 @ $2,04grant · 2025-12-23
- SVP, CFO · Series C Warrant (Right to Buy) → Common StockAcquired 122 549 @ $2,04grant · 2025-12-23
- SVP, CFO · Series D Warrant (Right to Buy) → Common StockAcquired 122 549 @ $2,04grant · 2025-12-23
- SVP, CFO · Warrant (Right to Buy) → Common StockAcquired 7 874 @ $12,70disposition · 2025-12-23
- SVP, CFO · Warrant (Right to Buy) → Common StockAcquired 7 874 @ $2,04grant · 2025-12-23
- Director, PRESIDENT, CHAIRMAN, CEO, 10% owner · Series C Warrant (Right to Buy) → Common StockAcquired 490 196 @ $2,04grant · 2025-12-23
- Director, PRESIDENT, CHAIRMAN, CEO, 10% owner · Series D Warrant (Right to Buy) → Common StockAcquired 490 496 @ $2,04grant · 2025-12-23
Actions
Ask Handelsavisen
- Market data
- Market data cache
- Issuer disclosures
- Public news
- Earnings transcripts
- Consensus estimates
- ESG data
- Dilution Ratio(shares_outstanding_diluted - shares_outstanding_basic) / shares_outstanding_basic
- Net Cashcash_and_equivalents + short_term_investments - short_term_debt - long_term_debt
- Capex To Revenuecapital_expenditure / revenue
- Return On Equitynet_income / total_equity
- Debt To Equity(short_term_debt + long_term_debt) / total_equity
- Cash Conversion Ratiooperating_cash_flow / net_income
- DRMA.JK Market data — financials · 2026-05-27
- Dharma Polimetal Tbk PT Market data — analyst estimates · 2026-05-27
Ownership & reference
Top holders
- Investment Managers · as of 2026-03-310,00 %$0M
- Investment Managers · as of 2026-03-310,00 %$0M
Insider activity
- Director · Common StockSold 11 @ $1,19$13 · 2026-06-16
- SVP, Regulatory Affairs · Common StockBought 1 000 @ $1,27$1K · 2026-02-17
- Director, PRESIDENT, CHAIRMAN, CEO, 10% owner · Common StockOther 122 549 · 2025-12-23
- SVP, CFO · Common StockOther 122 549 · 2025-12-23
- Director, PRESIDENT, CHAIRMAN, CEO, 10% owner · Common StockOther 490 196 · 2025-12-23
Short positioning
Geographic breakdown
Intel & risk
Evidence & claims
From filings & derived data- Net income (YoY) (2025-12-31 vs 2024-12-31): 38.5%Derived (calculated)
- Operating income (YoY) (2025-12-31 vs 2024-12-31): 37.9%Derived (calculated)
- Operating cash flow (YoY) (2025-12-31 vs 2024-12-31): 30.1%Derived (calculated)
- Shareholders' equity (YoY) (2025-12-31 vs 2024-12-31): 298.7%Derived (calculated)
- R&D expense (YoY) (2025-12-31 vs 2024-12-31): -64.3%Derived (calculated)
- Total assets (YoY) (2025-12-31 vs 2024-12-31): 122.5%Derived (calculated)
- EPS (diluted) (YoY) (2025-12-31 vs 2024-12-31): 89.8%Derived (calculated)
- Total liabilities (YoY) (2025-12-31 vs 2024-12-31): -16.8%Derived (calculated)
- Return on equity (FY 2025-12-31): -121.5%Derived (calculated)
- Return on assets (FY 2025-12-31): -96.1%Derived (calculated)
- Debt-to-equity (FY 2025-12-31): 0.26xDerived (calculated)
- Cash & equivalents (YoY) (2025-12-31 vs 2024-12-31): 137.9%Derived (calculated)
- EPS (basic) (YoY) (2025-12-31 vs 2024-12-31): 89.8%Derived (calculated)
- Total assets (annual): USD 7.86MSEC XBRL filing
- Net income (annual): USD -7.56MSEC XBRL filing
- Shareholders' equity (annual): USD 6.22MSEC XBRL filing
- Total operating expenses (annual): USD 7.77MSEC XBRL filing
- EPS (diluted) (annual): USD-PER-SHARES -8SEC XBRL filing
- Cash & equivalents (annual): USD 7.52MSEC XBRL filing
- Total liabilities (annual): USD 1.64MSEC XBRL filing
- Operating cash flow (annual): USD -7.8MSEC XBRL filing
- Shares outstanding (annual): 2.66MSEC XBRL filing
- EPS (basic) (annual): USD-PER-SHARES -8SEC XBRL filing
- R&D expense (annual): USD 2.93MSEC XBRL filing