Indonesian Automobiles Potentially Undervalued Companies

Astra Otoparts

Market Cap: Rp12.7t

Manufactures, sells, distributes, and exports spare parts for two-wheelers and four-wheelers in Indonesia, the Rest of Asia, the Middle East, the United States, Europe, and Africa.

Kirana Megatara

Market Cap: Rp2.3t

Produces and sells crumb rubber in Indonesia.

Selamat Sempurna

Market Cap: Rp10.0t

Manufactures and sells tools or equipment for vehicles, heavy equipment, and other machinery in Indonesia and internationally.

Cipta Perdana Lancar

Market Cap: Rp361.8b

Produces and sells automotive components for two-wheeled and four-wheeled vehicles.

Dharma Polimetal

Market Cap: Rp5.1t

Through its subsidiaries, manufactures and sells automotive components for motorcycles and cars in Indonesia.