Astra Otoparts (IDX:AUTO) - Share price, News & Analysis

AUTO fundamental analysis
Snowflake Score
Valuation	4/6
Future Growth	2/6
Past Performance	4/6
Financial Health	6/6
Dividends	3/6

AUTO Stock Overview

PT Astra Otoparts Tbk 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.

Rewards

PE ratio (7.9x) is below the ID market (18.5x)

Earnings are forecast to grow 16.23% per year

Earnings grew by 1157% over the past year

Risk Analysis

Unstable dividend track record

Astra Otoparts Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Astra Otoparts
Historical stock prices
Current Share Price	Rp1,100.00
52 Week High	Rp1,400.00
52 Week Low	Rp1,000.00
Beta	0.75
1 Month Change	-0.90%
3 Month Change	1.38%
1 Year Change	-0.90%
3 Year Change	-24.66%
5 Year Change	-54.73%
Change since IPO	1,122.22%

Shareholder Returns

	AUTO	ID Auto Components	ID Market
7D	-0.5%	-0.7%	2.2%
1Y	-0.9%	12.2%	17.3%

Return vs Industry: AUTO underperformed the ID Auto Components industry which returned 13.2% over the past year.

Return vs Market: AUTO underperformed the ID Market which returned 18.2% over the past year.

Price Volatility

Is AUTO's price volatile compared to industry and market?
AUTO volatility
AUTO Average Weekly Movement	3.2%
Auto Components Industry Average Movement	4.8%
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: AUTO is less volatile than 75% of ID stocks over the past 3 months, typically moving +/- 3% a week.

Volatility Over Time: AUTO's weekly volatility (3%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
1976	9,022	Hamdhani Salim	https://www.astra-otoparts.com

PT Astra Otoparts Tbk 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. It operates through two segments, Trading and Automotive Component Manufacturing. The company offers engine parts, such as molded and automotive rubber, air conditioner compressor, steel ball, pins, yoke welds and centers, and spindle knuckles; and body and chassis parts comprising torque assy rod truck, wheel assy, steering and driver air bag, tube, fuel tank main and breather, passenger air bag with door, inlet, air cleaner, and hose assy products.

Astra Otoparts Fundamentals Summary

How do Astra Otoparts's earnings and revenue compare to its market cap?
AUTO fundamental statistics
Market Cap	Rp5.30t
Earnings (TTM)	Rp673.05b
Revenue (TTM)	Rp16.12t

7.9x

P/E Ratio

0.3x

P/S Ratio

Is AUTO overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report
AUTO income statement (TTM)
Revenue	Rp16.12t
Cost of Revenue	Rp14.20t
Gross Profit	Rp1.92t
Other Expenses	Rp1.25t
Earnings	Rp673.05b

Last Reported Earnings

Mar 31, 2022

Next Earnings Date

n/a

Earnings per share (EPS)	139.64
Gross Margin	11.92%
Net Profit Margin	4.18%
Debt/Equity Ratio	4.2%

How did AUTO perform over the long term?

See historical performance and comparison

Dividends

2.0%

Current Dividend Yield

19%

Payout Ratio

Valuation

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

Valuation Score

4/6

Valuation Score 4/6

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

7.88x

Price to Earnings (PE) ratio

Share Price vs. Fair Value

Below Fair Value: AUTO (IDR1100) is trading above our estimate of fair value (IDR548.26)

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

Price To Earnings Ratio

PE vs Industry: AUTO is good value based on its PE Ratio (7.9x) compared to the ID Auto Components industry average (12.3x).

PE vs Market: AUTO is good value based on its PE Ratio (7.9x) compared to the ID market (18.5x).

Price to Earnings Growth Ratio

PEG Ratio: AUTO is good value based on its PEG Ratio (0.5x)

Price to Book Ratio

PB vs Industry: AUTO is good value based on its PB Ratio (0.5x) compared to the ID Auto Components industry average (0.8x).

Future Growth

How is Astra Otoparts forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?

Future Growth Score

2/6

Future Growth Score 2/6

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

16.2%

Forecasted annual earnings growth

Earnings and Revenue Growth Forecasts

Analyst Future Growth Forecasts

Earnings vs Savings Rate: AUTO's forecast earnings growth (16.2% per year) is above the savings rate (7%).

Earnings vs Market: AUTO's earnings (16.2% per year) are forecast to grow faster than the ID market (10.9% per year).

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

Revenue vs Market: AUTO's revenue (9.5% per year) is forecast to grow slower than the ID market (11.3% per year).

High Growth Revenue: AUTO's revenue (9.5% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: AUTO's Return on Equity is forecast to be low in 3 years time (7.7%).

Past Performance

How has Astra Otoparts 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

-4.2%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: AUTO has high quality earnings.

Growing Profit Margin: AUTO's current net profit margins (4.2%) are higher than last year (0.5%).

Past Earnings Growth Analysis

Earnings Trend: AUTO's earnings have declined by 4.2% per year over the past 5 years.

Accelerating Growth: AUTO's earnings growth over the past year (1157%) exceeds its 5-year average (-4.2% per year).

Earnings vs Industry: AUTO earnings growth over the past year (1157%) exceeded the Auto Components industry 75.4%.

Return on Equity

High ROE: AUTO's Return on Equity (5.8%) is considered low.

Financial Health

How is Astra Otoparts'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: AUTO's short term assets (IDR7,238.4B) exceed its short term liabilities (IDR4,843.2B).

Long Term Liabilities: AUTO's short term assets (IDR7,238.4B) exceed its long term liabilities (IDR798.5B).

Debt to Equity History and Analysis

Debt Level: AUTO has more cash than its total debt.

Reducing Debt: AUTO's debt to equity ratio has reduced from 8.6% to 4.2% over the past 5 years.

Debt Coverage: AUTO's debt is well covered by operating cash flow (112.1%).

Interest Coverage: AUTO earns more interest than it pays, so coverage of interest payments is not a concern.

Balance Sheet

Dividend

What is Astra Otoparts's current dividend yield, its reliability and sustainability?

Dividend Score

2/6

Dividend Score 2/6

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

2.00%

Current Dividend Yield

Dividend Yield vs Market

Notable Dividend: AUTO's dividend (2%) is higher than the bottom 25% of dividend payers in the ID market (1.13%).

High Dividend: AUTO's dividend (2%) is low compared to the top 25% of dividend payers in the ID market (4.15%).

Stability and Growth of Payments

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

Growing Dividend: AUTO's dividend payments have fallen over the past 10 years.

Earnings Payout to Shareholders

Earnings Coverage: With its low payout ratio (19%), AUTO's dividend payments are well covered by earnings.

Cash Payout to Shareholders

Cash Flow Coverage: With its reasonably low cash payout ratio (38.6%), AUTO'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?

4.6yrs

Average management tenure

CEO

Hamdhani Salim (57 yo)

8.58yrs

Tenure

Mr. Hamdhani Dzulkarnaen Salim has been the President Director of PT Astra Otoparts tbk since October 1, 2013. Mr. Salim served as Vice President Director of PT Astra Otoparts tbk since April 17, 2013. He...

Leadership Team

Experienced Management: AUTO's management team is considered experienced (4.6 years average tenure).

Board Members

Experienced Board: AUTO's board of directors are considered experienced (8.1 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	2022/05/23 00:00
End of Day Share Price	2022/05/23 00:00
Earnings	2022/03/31
Annual Earnings	2021/12/31