PT Delta Djakarta Tbk (ISX:DLTA) Operating Income: Rp154,995 Mil (TTM As of Jun. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

ISX:DLTA PT Delta Djakarta Tbk ISX:DLTA
66 GF Score
Price Rp1,790.00
GF Value Rp2,374.90
Valuation Modestly Undervalued
! 3 Warning Signs
View Full Analysis

What is PT Delta Djakarta Tbk Operating Income?

PT Delta Djakarta Tbk ISX:DLTA +0.28% 66 Operating Income is Rp154,995 Mil as of Jun. 2026. GuruFocus rates ISX:DLTA with a GF Score™ of 66/100 and a GF Value™ of Rp2,374.90 (Modestly Undervalued). The stock has 3 warning signs investors should review.

PT Delta Djakarta Tbk's Operating Income for the three months ended in Jun. 2026 was Rp26,295 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Jun. 2026 was Rp154,995 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. PT Delta Djakarta Tbk's Operating Income for the three months ended in Jun. 2026 was Rp26,295 Mil. PT Delta Djakarta Tbk's Revenue for the three months ended in Jun. 2026 was Rp182,082 Mil. Therefore, PT Delta Djakarta Tbk's Operating Margin % for the quarter that ended in Jun. 2026 was 14.44%.

Warning Sign:

PT Delta Djakarta Tbk operating margin has been in a 5-year decline. The average rate of decline per year is -2.7%.

PT Delta Djakarta Tbk's 5-Year average Growth Rate for Operating Margin % was -2.70% per year.

Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. PT Delta Djakarta Tbk's annualized ROC % for the quarter that ended in Jun. 2026 was 23.11%. PT Delta Djakarta Tbk's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2026 was 60.02%.


PT Delta Djakarta Tbk  (ISX:DLTA) Operating Income Explanation

1. Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

PT Delta Djakarta Tbk's annualized ROC % for the quarter that ended in Jun. 2026 is calculated as:

ROC % (Q: Jun. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Mar. 2026 ) + Invested Capital (Q: Jun. 2026 ))/ count )
=105178.304 * ( 1 - 20% )/( (356772.557 + 371415.452)/ 2 )
=84142.6432/364094.0045
=23.11 %

where

Invested Capital(Q: Mar. 2026 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=1167996.496 - 210144.256 - ( 658174.576 - max(0, 315475.803 - 916555.486+658174.576))
=356772.557

Invested Capital(Q: Jun. 2026 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=1230540.745 - 375147.629 - ( 736626.65 - max(0, 496493.621 - 980471.285+736626.65))
=371415.452

Note: The Operating Income data used here is four times the quarterly (Jun. 2026) data.

2. Joel Greenblatt's definition of Return on Capital:

PT Delta Djakarta Tbk's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2026 is calculated as:

ROC (Joel Greenblatt) %(Q: Jun. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Mar. 2026  Q: Jun. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=139623.976/( ( (234801.333 + max(-58439.378, 0)) + (230472.043 + max(-253501.33, 0)) )/ 2 )
=139623.976/( ( 234801.333 + 230472.043 )/ 2 )
=139623.976/232636.688
=60.02 %

where Working Capital is:

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(146165.541 + 34555.477 + 72335.511) - (210144.256 + 0 + 101351.651)
=-58439.378

Working Capital(Q: Jun. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(137043.901 + 33821.048 + 68356.361) - (375147.629 + 0 + 117575.011)
=-253501.33

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Jun. 2026) EBIT data.

3. Operating Income is also linked to Operating Margin %:

PT Delta Djakarta Tbk's Operating Margin % for the quarter that ended in Jun. 2026 is calculated as:

Operating Margin %=Operating Income (Q: Jun. 2026 )/Revenue (Q: Jun. 2026 )
=26294.576/182081.725
=14.44 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

4. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Operating Income growth rate using Operating Income per share data.


Be Aware

Compared with a company's EBITDA margin, Operating Margin can be manipulated by adjusting the rate of depreciation, depletion and amortization (DDA).

If a company is facing competition, its Operating Margin may decline. Often the Operating Margin declines well before the company's revenue or even profit decline. Therefore, Operating Margin is a very important indicator of whether the company is facing problems.

For instance, by 2012, Nokia (NOK)'s problems were well known and its stock had lost more than 90% of its market value since 2007. But Nokia's Operating Margin had already been in decline since 2002, although its earnings per share were still rising. Investors who paid attention to Operating Margin would have avoided this huge loss. The same can be said for Research-in-Motion (RIMM).

Therefore, Operating Margin is a very important screening filter for GuruFocus. GuruFocus's Buffett-Munger screener requires that the profit margin is either consistent or expanding. The Model Portfolio of the Buffett-Munger screener has outperformed the market every year since inception in 2009.


PT Delta Djakarta Tbk Operating Income Related Terms


PT Delta Djakarta Tbk Operating Income Historical Data

* Premium members only.

The historical data trend for PT Delta Djakarta Tbk's Operating Income can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

PT Delta Djakarta Tbk Operating Income Chart

PT Delta Djakarta Tbk Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Operating Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 225,624.49 269,772.03 220,574.01 156,916.91 167,328.40

PT Delta Djakarta Tbk Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Operating Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 36,474.10 42,984.00 53,620.97 32,095.53 26,294.58
ISX:DLTA
66GF Score
PT Delta Djakarta Tbk ISX:DLTA
Operating Income is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

PT Delta Djakarta Tbk Operating Income Calculation

Operating Income, is the profit a company earned through operations. All expenses, including cash expenses such as cost of goods sold (COGS), research & development, wages, and non-cash expenses, such as depreciation, depletion and amortization, have been deducted from the sales.

Operating Income for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was Rp154,995 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Operating Income →
What does a Operating Income of Rp154,995 Mil mean?
PT Delta Djakarta Tbk (ISX:DLTA) has a Operating Income of Rp154,995 Mil as of Jun. 2026. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on PT Delta Djakarta Tbk and its competitors.
Is PT Delta Djakarta Tbk's Operating Income too high?
PT Delta Djakarta Tbk's current Operating Income is Rp154,995 Mil. Overall, PT Delta Djakarta Tbk has a GF Score™ of 66/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does PT Delta Djakarta Tbk's Operating Income compare to STZ and TAP?
PT Delta Djakarta Tbk's Operating Income of Rp154,995 Mil can be compared against companies in the Beverages - Alcoholic industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Operating Income for a Beverages - Alcoholic company?
A good Operating Income depends on the Beverages - Alcoholic industry context. However, Operating Income should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Operating Income mean?
A high Operating Income can signal that a stock is expensive relative to its fundamentals. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on PT Delta Djakarta Tbk and its competitors. PT Delta Djakarta Tbk's current Operating Income is Rp154,995 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Delta Djakarta Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Delta Djakarta Tbk (ISX:DLTA) is currently considered Modestly Undervalued. The stock's GF Value™ is Rp2,374.90, compared to a current price of Rp1,790.00 — trading 24.6% below its estimated fair value. The current Operating Income is Rp154,995 Mil. PT Delta Djakarta Tbk's overall GF Score™ is 66/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Operating Income calculated?
Operating Income is calculated from a company's financial statements. For PT Delta Djakarta Tbk (ISX:DLTA), the current Operating Income is Rp154,995 Mil as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is PT Delta Djakarta Tbk (ISX:DLTA) Overvalued in 2026?

Based on GuruFocus' analysis, PT Delta Djakarta Tbk stock appears to be undervalued. The current stock price of Rp1,790.00 is trading 24.6% below its estimated GF Value™ of Rp2,374.90. GuruFocus considers PT Delta Djakarta Tbk to be Modestly Undervalued.

Key valuation signals for ISX:DLTA:

  • Operating Income: Rp154,995 Mil
  • GF Value™: Rp2,374.90 vs. price of Rp1,790.00 (24.6% below fair value)
  • GF Score™: 66/100 with 3 warning signs

No single metric tells the full story. See the ISX:DLTA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


PT Delta Djakarta Tbk Business Description

Address Jalan Inspeksi Tarum Barat, Tambun, Bekasi Timur, Bekasi, IDN, 17510
PT Delta Djakarta Tbk is a malt-based beverage company in Indonesia. It manufactures and distributes its products under the brand Anker Beer, Anker Lychee, Anker Stout, Carlsberg, Kuda Putih, San Mig Light, San Miguel Pale Pilsen, and San Miguel Cerveza Negra. The company's only business segment is the Beverage Business segment. Geographically, it operates only in Indonesia.
66GF Score

Get the complete analysis for ISX:DLTA

Operating Income is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

Rp1,790.00
Price
Rp2,374.90
GF Value