Indonesian Automobiles Potentially Undervalued Companies

Multi Prima Sejahtera

Market Cap: Rp161.5b

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

Goodyear Indonesia

Market Cap: Rp481.8b

Manufactures, imports, exports, and distributes tyres for automobiles, and airplanes and related components in Indonesia.

Astra Otoparts

Market Cap: Rp10.5t

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

Selamat Sempurna

Market Cap: Rp10.3t

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

PT. Gajah Tunggal

Market Cap: Rp3.8t

Produces and distributes tires for passenger cars, SUVs, commercial vehicles, off-the-road vehicles, industrial vehicles, and motorcycles under the GT Radial, Giti, Gajah Tunggal, IRC, and Zeneos brands.