Risk factor
Very high price volatility
Profitability factor
Overvalued vs peers
About
PT Indospring Tbk specializes in the production and supply of leaf and coil springs, primarily serving the automotive industry. Its comprehensive product portfolio includes various leaf spring designs like parabolic, trailing, yoko-oki, and multi-leaf options, as well as a range of coil springs such as tension, compression, valve, hot coil, and spiral types. The company also produces wire rings and stabilizer bars. Established in 1978, PT Indospring Tbk is headquartered in Gresik, Indonesia, and operates as a subsidiary of PT Indoprima Gemilang.
Company Valuation
From both historical and forecast perspectives, the stock is overpriced compared to similar stocks. In particular, the stock is overpriced on P/E, of fair value on EV/EBI