PT Dharmatya Nusantara Tbk (ISX:DSNG) ROIC %: 10.35% (As of Mar. 2026)

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ISX:DSNG PT Dharma Satya Nusantara Tbk ISX:DSNG
96 GF Score
Price Rp1,215.00
GF Value Rp977.79
Valuation Modestly Overvalued
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What is PT Dharmatya Nusantara Tbk ROIC %?

PT Dharmatya Nusantara Tbk ISX:DSNG 96 ROIC % is 10.35% as of Mar. 2026. GuruFocus rates ISX:DSNG with a GF Score™ of 96/100 and a GF Value™ of Rp977.79 (Modestly Overvalued).

ROIC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROC %. PT Dharmatya Nusantara Tbk's annualized return on invested capital (ROIC %) for the quarter that ended in Mar. 2026 was 10.35%.

As of today (2026-07-18), PT Dharmatya Nusantara Tbk's WACC % is 9.77%. PT Dharmatya Nusantara Tbk's ROIC % is 12.84% (calculated using TTM income statement data). PT Dharmatya Nusantara Tbk generates higher returns on investment than it costs the company to raise the capital needed for that investment. It is earning excess returns. A firm that expects to continue generating positive excess returns on new investments in the future will see its value increase as growth increases.


PT Dharmatya Nusantara Tbk  (ISX:DSNG) ROIC % Explanation

ROIC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROC %. The reason book values of debt and equity are used is because the book values are the capital the company received when issuing the debt or receiving the equity investments.

There are four key components to this definition. The first is the use of operating income or EBIT rather than net income in the numerator. The second is the tax adjustment to this operating income or EBIT, computed as a hypothetical tax based on an effective or marginal tax rate. The third is the use of book values for invested capital, rather than market values. The final is the timing difference; the capital invested is from the end of the prior year whereas the operating income or EBIT is the current year's number.

Why is ROIC % important?

Because it costs money to raise capital. A firm that generates higher returns on investment than it costs the company to raise the capital needed for that investment is earning excess returns. A firm that expects to continue generating positive excess returns on new investments in the future will see its value increase as growth increases, whereas a firm that earns returns that do not match up to its cost of capital will destroy value as it grows.

As of today, PT Dharmatya Nusantara Tbk's WACC % is 9.77%. PT Dharmatya Nusantara Tbk's ROIC % is 12.84% (calculated using TTM income statement data). PT Dharmatya Nusantara Tbk generates higher returns on investment than it costs the company to raise the capital needed for that investment. It is earning excess returns. A firm that expects to continue generating positive excess returns on new investments in the future will see its value increase as growth increases.


Be Aware

Like ROE % and ROA %, ROIC % is calculated with only 12 months of data. Fluctuations in the company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.


PT Dharmatya Nusantara Tbk ROIC % Related Terms


PT Dharmatya Nusantara Tbk ROIC % Historical Data

* Premium members only.

The historical data trend for PT Dharmatya Nusantara Tbk's ROIC % 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 Dharmatya Nusantara Tbk ROIC % Chart

PT Dharmatya Nusantara Tbk Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.24 11.98 7.70 9.34 12.82

PT Dharmatya Nusantara Tbk Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
ROIC % 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 10.80 15.48 12.30 13.41 10.35

ISX:DSNG vs ADM, BG, TSN: ROIC % Comparison

For the Farm Products subindustry, PT Dharmatya Nusantara Tbk's ROIC %, along with its competitors' market caps and ROIC % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


PT Dharmatya Nusantara Tbk ROIC % vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, PT Dharmatya Nusantara Tbk's ROIC % distribution charts can be found below:

* The bar in red indicates where PT Dharmatya Nusantara Tbk's ROIC % falls into.


ISX:DSNG
96GF Score
PT Dharma Satya Nusantara Tbk ISX:DSNG
ROIC % is just one metric. See GF Score™, valuation, warning signs, and more.
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PT Dharmatya Nusantara Tbk ROIC % Calculation

PT Dharmatya Nusantara Tbk's annualized Return on Invested Capital (ROIC %) for the fiscal year that ended in Dec. 2025 is calculated as:

ROIC % (A: Dec. 2025 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (A: Dec. 2024 ) + Invested Capital (A: Dec. 2025 ))/ count )
=2840892 * ( 1 - 26.83% )/( (16265214 + 16163690)/ 2 )
=2078680.6764/16214452
=12.82 %

where

Invested Capital(A: Dec. 2024 )
=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))
=17412416 - 780298 - ( 557023 - max(0, 2530342 - 2897246+557023))
=16265214

Invested Capital(A: Dec. 2025 )
=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))
=17617196 - 860894 - ( 592612 - max(0, 2308339 - 3122905+592612))
=16163690

PT Dharmatya Nusantara Tbk's annualized Return on Invested Capital (ROIC %) for the quarter that ended in Mar. 2026 is calculated as:

ROIC % (Q: Mar. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2025 ) + Invested Capital (Q: Mar. 2026 ))/ count )
=2276208 * ( 1 - 26.32% )/( (16163690 + 16238100)/ 2 )
=1677110.0544/16200895
=10.35 %

where

Invested Capital(Q: Dec. 2025 )
=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))
=17617196 - 860894 - ( 592612 - max(0, 2308339 - 3122905+592612))
=16163690

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))
=17758416 - 884543 - ( 635773 - max(0, 2174023 - 3300604+635773))
=16238100

Note: The Operating Income data used here is four times the quarterly (Mar. 2026) data. The tax rate is limited to between 0% and 100%.

* 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 ROIC % →
What does a ROIC % of 10.35% mean?
PT Dharmatya Nusantara Tbk (ISX:DSNG) has a ROIC % of 10.35% as of Mar. 2026. Return on invested capital is the ratio of current-period net income to average two-period invested capital. View historical data on PT Dharmatya Nusantara Tbk and its competitors.
Is PT Dharmatya Nusantara Tbk's ROIC % too high?
PT Dharmatya Nusantara Tbk's current ROIC % is 10.35%. The Consumer Packaged Goods industry median ROIC % is 5.21. PT Dharmatya Nusantara Tbk's value of 10.35% is 98.8% above this industry median. Overall, PT Dharmatya Nusantara Tbk has a GF Score™ of 96/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does PT Dharmatya Nusantara Tbk's ROIC % compare to ADM and BG?
PT Dharmatya Nusantara Tbk's ROIC % of 10.35% can be compared against companies in the Consumer Packaged Goods industry. The industry median ROIC % is 5.21. PT Dharmatya Nusantara Tbk's value of 10.35% is 98.8% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROIC % for a Consumer Packaged Goods company?
The median ROIC % among Consumer Packaged Goods companies is 5.21, based on 1,952 companies in the industry. Companies in the top quartile (top 25%) have a ROIC % significantly above this median, while those in the bottom quartile fall well below. However, ROIC % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. PT Dharmatya Nusantara Tbk's current ROIC % of 10.35% is 98.8% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROIC % mean?
A high ROIC % can signal that a stock is expensive relative to its fundamentals. Return on invested capital is the ratio of current-period net income to average two-period invested capital. View historical data on PT Dharmatya Nusantara Tbk and its competitors. For the Consumer Packaged Goods industry, the median ROIC % is 5.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT Dharmatya Nusantara Tbk's current ROIC % is 10.35%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Dharmatya Nusantara Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Dharmatya Nusantara Tbk (ISX:DSNG) is currently considered Modestly Overvalued. The stock's GF Value™ is Rp977.79, compared to a current price of Rp1,215.00 — trading 24.3% above its estimated fair value. The current ROIC % is 10.35% and 98.8% above the Consumer Packaged Goods industry median of 5.21. PT Dharmatya Nusantara Tbk's overall GF Score™ is 96/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROIC % calculated?
ROIC % is calculated from a company's financial statements. For PT Dharmatya Nusantara Tbk (ISX:DSNG), the current ROIC % is 10.35% as of Mar. 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 Dharmatya Nusantara Tbk (ISX:DSNG) Overvalued in 2026?

Based on GuruFocus' analysis, PT Dharmatya Nusantara Tbk stock appears to be overvalued. The current stock price of Rp1,215.00 is trading 24.3% above its estimated GF Value™ of Rp977.79. GuruFocus considers PT Dharmatya Nusantara Tbk to be Modestly Overvalued.

Key valuation signals for ISX:DSNG:

  • ROIC %: 10.35%
  • GF Value™: Rp977.79 vs. price of Rp1,215.00 (24.3% above fair value)
  • GF Score™: 96/100
  • Industry Position: 98.8% above the Consumer Packaged Goods median

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


PT Dharmatya Nusantara Tbk Business Description

Address Jl. Pulo Ayang Kav. OR 3, Kawasan Industri Pulogadung, Kelurahan Jatinegara, Kecamatan Cakung, Jakarta, IDN, 13930
PT Dharma Satya Nusantara Tbk is engaged in forestry, agriculture and plantation, transportation, plant construction, service, and trading industries. Its segments include Palm oil, Wood Products and renewable energy. The company generates its revenue from the Palm Oil segment. Geographically, the company operates in Indonesia, the United States of America, Europe, and the Asia Pacific. It derives a majority of its revenue from Indonesia.
96GF Score

Get the complete analysis for ISX:DSNG

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

Rp1,215.00
Price
Rp977.79
GF Value