Risk factor
Very poor trading liquidity
Profitability factor
Excellent dividends
About
PT Dharma Polimetal Tbk, established in 1989 and based in Cikarang, Indonesia, is a leading manufacturer and supplier of a diverse array of automotive components for both motorcycles and cars within the Indonesian market. The company specializes in creating metal-based and plastic injection parts, along with essential cable control systems, wiring harnesses, various automotive batteries, and specialized parking solutions. Its extensive product lineup encompasses numerous vehicle components, including grabrails, frame bodies, side and main stands, swing arms, steering handles, mufflers, and arm cushions. For automotive applications, they produce items such as member approns, internal and external body lower back panels, PP members, fasteners, wheel rims, bar comp steps, fuel neck fillers, suspension components, instrument panel reinforcement sub-assemblies, steering beam hangers, hood locks, cross member frames, and various general frames and boxes. Additionally, the company manufactures Powerace battery boxes and extends its production to folding bicycles. Beyond vehicle parts, PT Dharma Polimetal Tbk also provides industrial solutions, fabricating cutting tools, jigs, special purpose machines, and precision machined components.
Company Valuation
Based on key historical and expected multiples, the stock is undervalued relative to its peers. Specifically, the stock is 'cheap' on P/E, undervalued on EV/EBITDA, reaso
Target Price
The average target price of DRMA.JK is 1439 and suggests 52.3% upside potential. Usually, this means a BUY recommendation among investment firms, or a recommendation to i