Risk factor
Poor trading liquidity
Profitability factor
Greatly undervalued vs peers
About
PT Astra Otoparts Tbk is a prominent Indonesian automotive component specialist, involved in the manufacturing, sale, and global distribution of spare parts for a wide range of vehicles, including motorcycles and automobiles. The company operates through two primary divisions: the production of automotive components and their subsequent trading. Its comprehensive product line features a broad array of items, such as essential engine components, structural body and chassis parts, sophisticated electrical and electronic systems, and drivetrain elements specifically for four-wheelers. Additionally, it supplies specialized motorcycle parts, a variety of automotive accessories, and offers industrial services like steel cutting and heat treatment. Astra Otoparts caters to both original equipment manufacturers (OEMs) and the aftermarket, utilizing a robust distribution network of dealers, sales offices, and retail outlets throughout Indonesia. Established in 1976 as PT Astra Dian Lestari, the company adopted its current name in November 1997 and is headquartered in Jakarta, operating as a subsidiary of PT Astra International Tbk.
Company Valuation
Based on key historical and expected multiples, the stock is greatly undervalued relative to its peers. In particular, the stock is underpriced on P/E, 'cheap' on EV/EBIT
Target Price
The average target price of AUTO.JK is 3230 and suggests 32.9% upside potential. Usually, this means a BUY recommendation among investment firms, or a recommendation to i