Risk factor
Very poor trading liquidity
Profitability factor
Greatly undervalued vs peers
About
PT Goodyear Indonesia Tbk specializes in the production, global procurement, and distribution of various rubber items such as tires, inner tubes, and flaps. These products are crucial for automobiles, aircraft, and related components. By December 31, 2021, the company had established partnerships with approximately 62 Autocare centers across Indonesia. Founded in 1917, its corporate base is situated in Bogor, Indonesia. The organization was previously known as NV The Goodyear Tire & Rubber Company Limited, adopting the PT Goodyear Indonesia Tbk designation in July 1978. Ultimately, it functions as a division of The Goodyear Tire & Rubber Company.
Company Valuation
Based on key historical and expected multiples, the stock is greatly undervalued relative to its peers. In particular, the stock is reasonably priced on P/E, 'cheap' on E