Indonesian Automobiles Potentially Undervalued Companies

Astra Otoparts

Market Cap: Rp9.6t

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.

Multi Prima Sejahtera

Market Cap: Rp159.8b

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

Selamat Sempurna

Market Cap: Rp11.0t

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

Dharma Polimetal

Market Cap: Rp4.5t

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