Indonesian Automobiles Potentially Undervalued Companies

Astra Otoparts

Market Cap: Rp14.2t

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.

Dharma Polimetal

Market Cap: Rp4.8t

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

Multi Prima Sejahtera

Market Cap: Rp180.2b

Manufactures and markets spark plugs and auto parts under the Champion brand in Indonesia and internationally.

Goodyear Indonesia

Market Cap: Rp455.1b

Manufactures, imports, exports, distributes, wholesale tires for vehicles, motorbikes, airplanes and other related components.

PT. Gajah Tunggal

Market Cap: Rp4.8t

Manufactures and sells tires in Indonesia, America, Europe, Asia, the Middle East, Africa, Australia, and Oceania.

Selamat Sempurna

Market Cap: Rp10.0t

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