Astra International (IDX:ASII) - Share price, News & Analysis

ASII fundamental analysis
Snowflake Score
Valuation	2/6
Future Growth	0/6
Past Performance	4/6
Financial Health	6/6
Dividends	4/6

ASII Stock Overview

Rewards

Price-To-Earnings ratio (12.3x) is below the ID market (18.4x)

Earnings grew by 54.7% over the past year

Risk Analysis

Unstable dividend track record

Astra International Competitors

ASE Technology Holding

TWSE:3711

NT$420.7b

Amkor Technology

NasdaqGS:AMKR

US$4.6b

Price History & Performance

Summary of all time highs, changes and price drops for Astra International
Historical stock prices
Current Share Price	Rp7,100.00
52 Week High	Rp7,700.00
52 Week Low	Rp4,640.00
Beta	0.65
1 Month Change	0.35%
3 Month Change	24.56%
1 Year Change	39.90%
3 Year Change	-1.39%
5 Year Change	-18.86%
Change since IPO	1,621.21%

Shareholder Returns

	ASII	ID Auto	ID Market
7D	0%	0.5%	2.3%
1Y	39.9%	1.2%	17.0%

Return vs Industry: ASII exceeded the ID Auto industry which returned 1.2% over the past year.

Return vs Market: ASII exceeded the ID Market which returned 17% over the past year.

Price Volatility

Is ASII's price volatile compared to industry and market?
ASII volatility
ASII Average Weekly Movement	5.5%
Auto Industry Average Movement	6.0%
Market Average Movement	6.2%
10% most volatile stocks in ID Market	12.0%
10% least volatile stocks in ID Market	2.9%

Stable Share Price: ASII is not significantly more volatile than the rest of ID stocks over the past 3 months, typically moving +/- 5% a week.

Volatility Over Time: ASII's weekly volatility (5%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
1957	124,879	Djony Tjondro	https://www.astra.co.id

PT Astra International Tbk, together with its subsidiaries, operates in the automotive, financial services, heavy equipment, mining, construction, energy, agri, infrastructure and logistics, information technology, and property businesses in Indonesia. It offers cars, trucks, and motorcycles of various brands; manufactures and sells automotive components to the original equipment for manufacturers and replacement markets, as well as provides consultation services to its customers; financing for cars, motorcycles, and heavy equipment; life, vehicle, and health insurance, as well as other insurance for commercial business; and various banking products and services. The company also distributes heavy equipment for the mining, plantation, construction, forestry, transportation, and material handling industries; provides coal mining contracting services; operates coal mines; and produces crude palm oil.

Astra International Fundamentals Summary

How do Astra International's earnings and revenue compare to its market cap?
ASII fundamental statistics
Market Cap	Rp289.46t
Earnings (TTM)	Rp23.33t
Revenue (TTM)	Rp253.66t

12.3x

P/E Ratio

1.1x

P/S Ratio

Is ASII overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report
ASII income statement (TTM)
Revenue	Rp253.66t
Cost of Revenue	Rp186.07t
Gross Profit	Rp49.31t
Other Expenses	Rp25.99t
Earnings	Rp23.33t

Last Reported Earnings

Mar 31, 2022

Next Earnings Date

n/a

Earnings per share (EPS)	576.21
Gross Margin	19.44%
Net Profit Margin	9.20%
Debt/Equity Ratio	30.7%

How did ASII perform over the long term?

See historical performance and comparison

Dividends

3.4%

Current Dividend Yield

41%

Payout Ratio

Valuation

Is Astra International undervalued compared to its fair value and its price relative to the market?

Valuation Score

2/6

Valuation Score 2/6

Below Fair Value
Significantly Below Fair Value
PE vs Industry
PE vs Market
PEG Ratio
PB vs Industry

12.32x

Price to Earnings (PE) ratio

Share Price vs. Fair Value

Below Fair Value: ASII (IDR7100) is trading above our estimate of fair value (IDR2626.55)

Significantly Below Fair Value: ASII is trading above our estimate of fair value.

Price To Earnings Ratio

PE vs Industry: ASII is good value based on its Price-To-Earnings Ratio (12.3x) compared to the Asian Auto industry average (14.5x).

PE vs Market: ASII is good value based on its Price-To-Earnings Ratio (12.3x) compared to the ID market (18.4x).

Price to Earnings Growth Ratio

PEG Ratio: ASII is poor value based on its PEG Ratio (2.6x)

Price to Book Ratio

PB vs Industry: ASII is overvalued based on its Price-To-Book Ratio (1.6x) compared to the XA Auto industry average (1.5x).

Future Growth

How is Astra International forecast to perform in the next 1 to 3 years based on estimates from 18 analysts?

Future Growth Score

0/6

Future Growth Score 0/6

Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Future ROE

4.7%

Forecasted annual earnings growth

Earnings and Revenue Growth Forecasts

Analyst Future Growth Forecasts

Earnings vs Savings Rate: ASII's forecast earnings growth (4.7% per year) is below the savings rate (7%).

Earnings vs Market: ASII's earnings (4.7% per year) are forecast to grow slower than the ID market (11.3% per year).

High Growth Earnings: ASII's earnings are forecast to grow, but not significantly.

Revenue vs Market: ASII's revenue (7.2% per year) is forecast to grow slower than the ID market (11.4% per year).

High Growth Revenue: ASII's revenue (7.2% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: ASII's Return on Equity is forecast to be low in 3 years time (13.4%).

Past Performance

How has Astra International performed over the past 5 years?

Past Performance Score

4/6

Past Performance Score 4/6

Quality Earnings
Growing Profit Margin
Earnings Trend
Accelerating Growth
Earnings vs Industry
High ROE

-0.02%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: ASII has high quality earnings.

Growing Profit Margin: ASII's current net profit margins (9.2%) are higher than last year (8.7%).

Past Earnings Growth Analysis

Earnings Trend: ASII's earnings have declined by 0.02% per year over the past 5 years.

Accelerating Growth: ASII's earnings growth over the past year (54.7%) exceeds its 5-year average (-0.02% per year).

Earnings vs Industry: ASII earnings growth over the past year (54.7%) exceeded the Auto industry 25.7%.

Return on Equity

High ROE: ASII's Return on Equity (13.4%) is considered low.

Financial Health

How is Astra International's financial position?

Financial Health Score

6/6

Financial Health Score 6/6

Short Term Liabilities
Long Term Liabilities
Debt Level
Reducing Debt
Debt Coverage
Interest Coverage

Financial Position Analysis

Short Term Liabilities: ASII's short term assets (IDR174,332.0B) exceed its short term liabilities (IDR110,138.0B).

Long Term Liabilities: ASII's short term assets (IDR174,332.0B) exceed its long term liabilities (IDR47,717.0B).

Debt to Equity History and Analysis

Debt Level: ASII's net debt to equity ratio (0.6%) is considered satisfactory.

Reducing Debt: ASII's debt to equity ratio has reduced from 52.3% to 30.7% over the past 5 years.

Debt Coverage: ASII's debt is well covered by operating cash flow (53.4%).

Interest Coverage: ASII's interest payments on its debt are well covered by EBIT (55x coverage).

Balance Sheet

Dividend

What is Astra International current dividend yield, its reliability and sustainability?

Dividend Score

4/6

Dividend Score 4/6

Notable Dividend
High Dividend
Stable Dividend
Growing Dividend
Earnings Coverage
Future Dividend Coverage

3.37%

Current Dividend Yield

Dividend Yield vs Market

Notable Dividend: ASII's dividend (3.37%) is higher than the bottom 25% of dividend payers in the ID market (1.14%).

High Dividend: ASII's dividend (3.37%) is low compared to the top 25% of dividend payers in the ID market (4.16%).

Stability and Growth of Payments

Stable Dividend: ASII's dividend payments have been volatile in the past 10 years.

Growing Dividend: ASII's dividend payments have increased over the past 10 years.

Earnings Payout to Shareholders

Earnings Coverage: With its reasonably low payout ratio (41.5%), ASII's dividend payments are well covered by earnings.

Cash Payout to Shareholders

Cash Flow Coverage: With its reasonably low cash payout ratio (32.2%), ASII's dividend payments are well covered by cash flows.

Discover strong dividend paying companies

Management

How experienced are the management team and are they aligned to shareholders interests?

7.3yrs

Average management tenure

CEO

Djony Tjondro (57 yo)

1.92yrs

Tenure

Mr. Djony Bunarto Tjondro serves as the Chief Executive Officer of PT Astra International Tbk. Mr. Tjondro serves as President Director at PT Astra International Tbk since June 16, 2020 and was its Vice Pr...

Leadership Team

Experienced Management: ASII's management team is seasoned and experienced (7.3 years average tenure).

Board Members

Experienced Board: ASII's board of directors are considered experienced (5.6 years average tenure).

Ownership

Who are the major shareholders and have insiders been buying or selling?

Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.

Data	Last Updated (UTC time)
Company Analysis	2022/05/25 00:00
End of Day Share Price	2022/05/25 00:00
Earnings	2022/03/31
Annual Earnings	2021/12/31