Indonesian Automobiles Potentially Undervalued Companies

Astra Otoparts

Market Cap: Rp11.7t

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.

Kirana Megatara

Market Cap: Rp3.0t

Produces and sells crumb rubber in Indonesia.

Selamat Sempurna

Market Cap: Rp11.1t

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

Dharma Polimetal

Market Cap: Rp4.8t

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