Unilever Indonesia Tbk PT

The company maintains a strong liquidity position with a current ratio of 0.61 and a free cash flow of 1.35 trillion IDR, indicating its ability to meet short-term obligations and fund operations without external financing. The debt-to-equity ratio of 0.2 suggests a conservative capital structure, with long-term debt at 561.35 billion IDR and total equity at 2.86 trillion IDR, which supports financial stability and flexibility.

Profitability metrics show a return on equity of 35.65% and a return on assets of 5.16%, which are strong indicators of efficient use of equity and assets to generate profit. These figures are in line with the industry's preferred metrics for household products, reflecting the company's competitive position in the market.

The company's revenue is concentrated in Indonesia, with a significant portion derived from household and personal care products. While the company operates in other markets, the primary geographic exposure remains within Indonesia, which may present both opportunities and risks depending on local economic conditions.

The company's growth trajectory is positive, with a revenue of 8.96 trillion IDR and a net income of 1.02 trillion IDR. Analysts have provided a mean price target of 2,327.14 IDR and a median price target of 2,490.00 IDR, indicating a generally optimistic outlook for the company's future performance.

The risk assessment indicates a low level of liquidity and dilution risk, with no immediate filing-based flags detected. The company's conservative capital structure and strong cash flow position it well to manage potential risks. However, the low dilution risk does not preclude the need for ongoing monitoring of any potential dilution sources.

Recent events and filings have not indicated any significant changes in the company's operations or financial status. The company continues to operate within its established business model, with no major disruptions reported in the latest financial data.

Net income surged 126.8% year-over-year to IDR 7.6 trillion, signaling a robust earnings recovery trajectory.

Operating margin of 14.6% significantly exceeds the 6.6% household products cohort median, demonstrating superior profitability.

Analysts project 31.5% upside to a mean price target of IDR 2,327, suggesting undervaluation relative to current price.

Revenue declined 5.2% annually over four years, indicating persistent top-line contraction despite recent profit growth.

Free cash flow turned negative at IDR -1.75 trillion, raising concerns about liquidity and capital expenditure sustainability.

Gross profit fell to IDR 15.2 trillion in 2026, down from IDR 19.8 trillion in 2022, showing margin pressure.

Operating income dropped 20.6% year-over-year to IDR 4.6 trillion, highlighting volatility in core business performance.

Long-term debt increased to IDR 1.98 trillion in 2025, reversing the previous trend of debt reduction.

Revenue IDR 8.44T, +2,8% YoY; Operating income +9,0% YoY.

• ▍Revenue IDR 8.44T, +2,8% YoY
• ▍Operating income +9,0% YoY
• ▍Net income +73,0% YoY
• ▍Free cash flow +2,7% YoY
• ▍Net margin 25.4%

Revenue IDR 4.33T, +35,1% YoY; Operating income +229,5% YoY.

• ▍Revenue IDR 4.33T, +35,1% YoY
• ▍Operating income +229,5% YoY
• ▍Net income +1 099,4% YoY
• ▍Free cash flow −72,2% YoY
• ▍Net margin 99.4%

Revenue IDR 9.41T, +12,4% YoY; Operating income +115,0% YoY.

• ▍Revenue IDR 9.41T, +12,4% YoY
• ▍Operating income +115,0% YoY
• ▍Net income +117,2% YoY
• ▍Free cash flow +234,7% YoY
• ▍Net margin 12.5%

Revenue IDR 8.74T, −2,5% YoY; Operating income −2,3% YoY.

• ▍Revenue IDR 8.74T, −2,5% YoY
• ▍Operating income −2,3% YoY
• ▍Net income −9,8% YoY
• ▍Free cash flow −29,2% YoY
• ▍Net margin 10.5%

Revenue IDR 8.21T; Operating income IDR 1.44T.

• ▍Revenue IDR 8.21T
• ▍Operating income IDR 1.44T
• ▍Net margin 15.1%

Revenue IDR 3.21T; Operating income -IDR 106.02B.

• ▍Revenue IDR 3.21T
• ▍Operating income -IDR 106.02B
• ▍Net margin 11.2%

Revenue IDR 8.37T; Operating income IDR 723.23B.

• ▍Revenue IDR 8.37T
• ▍Operating income IDR 723.23B
• ▍Net margin 6.5%

Revenue IDR 8.96T; Operating income IDR 1.31T.

• ▍Revenue IDR 8.96T
• ▍Operating income IDR 1.31T
• ▍Net margin 11.4%

Revenue IDR 31.94T, +4,3% YoY; Operating income +20,6% YoY.

• ▍Revenue IDR 31.94T, +4,3% YoY
• ▍Operating income +20,6% YoY
• ▍Net income +126,8% YoY
• ▍Free cash flow +13,4% YoY
• ▍Net margin 23.9%

Revenue IDR 30.62T, −20,7% YoY; Operating income −39,4% YoY.

• ▍Revenue IDR 30.62T, −20,7% YoY
• ▍Operating income −39,4% YoY
• ▍Net income −29,8% YoY
• ▍Free cash flow −973,3% YoY
• ▍Net margin 11.0%

Revenue IDR 38.61T, −6,3% YoY; Operating income −11,2% YoY.

• ▍Revenue IDR 38.61T, −6,3% YoY
• ▍Operating income −11,2% YoY
• ▍Net income −10,5% YoY
• ▍Free cash flow −327,9% YoY
• ▍Net margin 12.4%

Revenue IDR 41.22T, +4,2% YoY; Operating income −8,0% YoY.

• ▍Revenue IDR 41.22T, +4,2% YoY
• ▍Operating income −8,0% YoY
• ▍Net income −6,8% YoY
• ▍Free cash flow +77,3% YoY
• ▍Net margin 13.0%