PT Darma Henwa Tbk (DEWA.JK)

Indonesia · Energy · IDR

Key financials

ROE: 74.18%; 2025 (actual)
ROA: 34.09%; 2025 (actual)
Gross Margin: 15.05%; 2025 (actual)
Net Margin: 67.37%; 2025 (actual)
Total Assets: IDR 16,734.97B; 2025 (actual)
Net Income: IDR 4,306.73B; 2025 (actual)
Valuation: IDR 26,036B; 2026 (forecast)
Stock Price: IDR 666.76; 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	74.18%	58.21%	44.11%	30.72%	23.71%	19.32%	16.21%
Sector average	-	2.03%	17.27%	8.53%	4.54%	10.16%	34.9%
ROA	34.09%	28.24%	22.97%	18.71%	15.87%	13.78%	12.1%
Sector average	-	4.5%	3.57%	3.17%	2.94%	2.72%	2.14%

Amounts in IDR (billions); 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 Darma Henwa Tbk? It covers the balance sheet, income statement and Equlion model projections.

Net Margin	67.37%	71.62%	66.85%	66.3%	66.1%	65.41%	64.54%
Sector average	-	6.49%	5.66%	5.72%	6.09%	6.29%	9.07%

Total Assets	IDR 16,734.97B	IDR 17,626.73B	IDR 22,266.9B	IDR 26,930.46B	IDR 31,645.45B	IDR 36,434.46B	IDR 41,206.93B
Sector average	-	IDR 2,494.55B	IDR 2,721.78B	IDR 2,952.46B	IDR 3,188.42B	IDR 3,429.67B	IDR 2,411.28B

Net Income	IDR 4,306.73B	IDR 4,852.41B	IDR 4,582.27B	IDR 4,601.27B	IDR 4,648.17B	IDR 4,689.37B	IDR 4,695.71B
Sector average	-	IDR 218.39B	IDR 213.37B	IDR 215.83B	IDR 220.26B	IDR 224.01B	IDR 242.28B

Valuation	-	IDR 26,036B	IDR 26,192.52B	IDR 26,545.35B	IDR 27,106.06B	IDR 27,901.25B	IDR 28,971.08B
Sector average	-	IDR 68,749.85B	IDR 70,073.05B	IDR 71,886.17B	IDR 74,118.66B	IDR 76,917.54B	IDR 8,453.29B

Stock Price	-	IDR 666.76	IDR 670.77	IDR 679.8	IDR 694.16	IDR 714.53	IDR 741.92
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