Reported Earnings • Jul 28
Second quarter 2026 earnings released: EPS: Rp123 (vs Rp89.92 in 2Q 2025) Second quarter 2026 results: EPS: Rp123 (up from Rp89.92 in 2Q 2025). Revenue: Rp5.60t (up 19% from 2Q 2025). Net income: Rp592.5b (up 37% from 2Q 2025). Profit margin: 11% (up from 9.2% in 2Q 2025). The increase in margin was driven by higher revenue. Revenue is forecast to grow 4.2% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Auto Components industry in Asia. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings. Declared Dividend • Apr 23
Dividend of Rp170 announced Shareholders will receive a dividend of Rp170. Ex-date: 28th April 2026 Payment date: 18th May 2026 Dividend yield will be 8.1%, which is higher than the industry average of 2.6%. Sustainability & Growth Dividend is covered by both earnings (45% earnings payout ratio) and cash flows (63% cash payout ratio). The dividend has increased by an average of 10% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 26% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Price Target Changed • Apr 08
Price target increased by 7.0% to Rp3,292 Up from Rp3,075, the current price target is an average from 6 analysts. New target price is 26% above last closing price of Rp2,610. Stock is up 41% over the past year. The company is forecast to post earnings per share of Rp498 for next year compared to Rp457 last year. Announcement • Mar 12
PT Astra Otoparts Tbk, Annual General Meeting, Apr 17, 2026 PT Astra Otoparts Tbk, Annual General Meeting, Apr 17, 2026. Reported Earnings • Feb 26
Full year 2025 earnings released: EPS: Rp457 (vs Rp422 in FY 2024) Full year 2025 results: EPS: Rp457 (up from Rp422 in FY 2024). Revenue: Rp20t (up 4.4% from FY 2024). Net income: Rp2.21t (up 8.4% from FY 2024). Profit margin: 11% (in line with FY 2024). Revenue is forecast to grow 4.1% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Auto Components industry in Asia. Over the last 3 years on average, earnings per share has increased by 12% per year whereas the company’s share price has increased by 15% per year. Valuation Update With 7 Day Price Move • Dec 08
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to Rp2,890, the stock trades at a forward P/E ratio of 6x. Average forward P/E is 16x in the Auto Components industry in Asia. Total returns to shareholders of 155% over the past three years. Reported Earnings • Oct 30
Third quarter 2025 earnings released: EPS: Rp131 (vs Rp107 in 3Q 2024) Third quarter 2025 results: EPS: Rp131 (up from Rp107 in 3Q 2024). Revenue: Rp5.22t (up 5.1% from 3Q 2024). Net income: Rp629.6b (up 22% from 3Q 2024). Profit margin: 12% (up from 10% in 3Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 3.9% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Auto Components industry in Asia. Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has increased by 25% per year, which means it is tracking significantly ahead of earnings growth. Board Change • Oct 24
No independent directors There are 5 new directors who have joined the board in the last 3 years. Of these new board members, none were independent directors. The company's board is composed of: No independent directors. 8 non-independent directors. Independent Commissioner Bambang Widjanarko E.S. was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Lack of board continuity. Announcement • Mar 13
PT Astra Otoparts Tbk, Annual General Meeting, Apr 29, 2025 PT Astra Otoparts Tbk, Annual General Meeting, Apr 29, 2025. Reported Earnings • Nov 01
Third quarter 2024 earnings released: EPS: Rp107 (vs Rp106 in 3Q 2023) Third quarter 2024 results: EPS: Rp107 (up from Rp106 in 3Q 2023). Revenue: Rp4.97t (up 5.7% from 3Q 2023). Net income: Rp514.6b (flat on 3Q 2023). Profit margin: 10% (in line with 3Q 2023). Revenue is forecast to grow 3.8% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Auto Components industry in Asia. Over the last 3 years on average, earnings per share has increased by 40% per year but the company’s share price has only increased by 31% per year, which means it is significantly lagging earnings growth. Declared Dividend • Oct 07
First half dividend of Rp57.00 announced Shareholders will receive a dividend of Rp57.00. Ex-date: 15th October 2024 Payment date: 24th October 2024 Dividend yield will be 8.0%, which is higher than the industry average of 2.6%. Sustainability & Growth Dividend is covered by earnings (31% earnings payout ratio) but not covered by cash flows (111% cash payout ratio). The dividend has increased by an average of 15% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 1.7% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Reported Earnings • Jul 30
Second quarter 2024 earnings released: EPS: Rp111 (vs Rp76.48 in 2Q 2023) Second quarter 2024 results: EPS: Rp111 (up from Rp76.48 in 2Q 2023). Revenue: Rp4.60t (up 4.3% from 2Q 2023). Net income: Rp538.8b (up 46% from 2Q 2023). Profit margin: 12% (up from 8.4% in 2Q 2023). Revenue is forecast to grow 5.0% p.a. on average during the next 3 years, compared to a 9.9% growth forecast for the Auto Components industry in Asia. Over the last 3 years on average, earnings per share has increased by 44% per year but the company’s share price has only increased by 30% per year, which means it is significantly lagging earnings growth. Declared Dividend • May 03
Dividend of Rp132 announced Shareholders will receive a dividend of Rp132. Ex-date: 8th May 2024 Payment date: 22nd May 2024 Dividend yield will be 8.2%, which is higher than the industry average of 2.6%. Sustainability & Growth Dividend is covered by earnings (34% earnings payout ratio) but not adequately covered by cash flows (90.4% cash payout ratio). The dividend has increased by an average of 3.9% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 17% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Reported Earnings • Apr 28
First quarter 2024 earnings released: EPS: Rp99.00 (vs Rp89.83 in 1Q 2023) First quarter 2024 results: EPS: Rp99.00 (up from Rp89.83 in 1Q 2023). Revenue: Rp4.60t (down 7.6% from 1Q 2023). Net income: Rp475.0b (up 9.7% from 1Q 2023). Profit margin: 10% (up from 8.7% in 1Q 2023). The increase in margin was driven by lower expenses. Revenue is forecast to grow 5.7% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Auto Components industry in Asia. Over the last 3 years on average, earnings per share has increased by 54% per year but the company’s share price has only increased by 20% per year, which means it is significantly lagging earnings growth. Price Target Changed • Feb 29
Price target decreased by 7.2% to Rp3,400 Down from Rp3,662, the current price target is an average from 5 analysts. New target price is 45% above last closing price of Rp2,340. Stock is up 29% over the past year. The company is forecast to post earnings per share of Rp391 for next year compared to Rp382 last year. Reported Earnings • Feb 24
Full year 2023 earnings released: EPS: Rp382 (vs Rp275 in FY 2022) Full year 2023 results: EPS: Rp382 (up from Rp275 in FY 2022). Revenue: Rp19t (flat on FY 2022). Net income: Rp1.84t (up 39% from FY 2022). Profit margin: 9.9% (up from 7.1% in FY 2022). Revenue is forecast to grow 10% p.a. on average during the next 2 years, compared to a 11% growth forecast for the Auto Components industry in Asia. Over the last 3 years on average, earnings per share has increased by 65% per year but the company’s share price has only increased by 31% per year, which means it is significantly lagging earnings growth. Reported Earnings • Nov 01
Third quarter 2023 earnings released: EPS: Rp106 (vs Rp82.83 in 3Q 2022) Third quarter 2023 results: EPS: Rp106 (up from Rp82.83 in 3Q 2022). Revenue: Rp4.70t (down 4.3% from 3Q 2022). Net income: Rp510.1b (up 28% from 3Q 2022). Profit margin: 11% (up from 8.1% in 3Q 2022). The increase in margin was driven by lower expenses. Revenue is forecast to grow 8.0% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Auto Components industry in Asia. Over the last 3 years on average, earnings per share has increased by 75% per year but the company’s share price has only increased by 47% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Aug 07
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to Rp3,390, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 16x in the Auto Components industry in Asia. Total returns to shareholders of 339% over the past three years. Price Target Changed • Aug 02
Price target increased by 12% to Rp3,494 Up from Rp3,120, the current price target is an average from 5 analysts. New target price is 13% above last closing price of Rp3,090. Stock is up 161% over the past year. The company is forecast to post earnings per share of Rp336 for next year compared to Rp275 last year. Reported Earnings • Jul 29
Second quarter 2023 earnings released: EPS: Rp76.20 (vs Rp42.98 in 2Q 2022) Second quarter 2023 results: EPS: Rp76.20 (up from Rp42.98 in 2Q 2022). Revenue: Rp4.41t (up 10% from 2Q 2022). Net income: Rp368.6b (up 78% from 2Q 2022). Profit margin: 8.4% (up from 5.2% in 2Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 8.3% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Auto Components industry in Asia. Over the last 3 years on average, earnings per share has increased by 78% per year but the company’s share price has only increased by 52% per year, which means it is significantly lagging earnings growth. New Risk • Jul 04
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indonesian stocks, typically moving 8.0% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (8.0% average weekly change). Valuation Update With 7 Day Price Move • Jun 13
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to Rp2,430, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 15x in the Auto Components industry in Asia. Total returns to shareholders of 214% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at Rp1,973 per share. Valuation Update With 7 Day Price Move • May 12
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to Rp2,110, the stock trades at a forward P/E ratio of 7x. Average forward P/E is 15x in the Auto Components industry in Asia. Total returns to shareholders of 243% over the past three years. Reported Earnings • Apr 23
First quarter 2023 earnings released: EPS: Rp89.83 (vs Rp46.75 in 1Q 2022) First quarter 2023 results: EPS: Rp89.83 (up from Rp46.75 in 1Q 2022). Revenue: Rp4.97t (up 8.6% from 1Q 2022). Net income: Rp432.9b (up 92% from 1Q 2022). Profit margin: 8.7% (up from 4.9% in 1Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 8.4% p.a. on average during the next 2 years, compared to a 12% growth forecast for the Auto Components industry in Asia. Over the last 3 years on average, earnings per share has increased by 62% per year but the company’s share price has only increased by 35% per year, which means it is significantly lagging earnings growth. Upcoming Dividend • Apr 20
Upcoming dividend of Rp88.00 per share at 3.3% yield Eligible shareholders must have bought the stock before 27 April 2023. Payment date: 11 May 2023. Payout ratio is a comfortable 30% but the company is paying out more than the cash it is generating. Trailing yield: 3.3%. Lower than top quartile of Indonesian dividend payers (5.3%). Lower than average of industry peers (4.1%). Valuation Update With 7 Day Price Move • Apr 18
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to Rp1,900, the stock trades at a forward P/E ratio of 7x. Average forward P/E is 15x in the Auto Components industry in Asia. Total returns to shareholders of 169% over the past three years. Valuation Update With 7 Day Price Move • Feb 22
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to Rp1,650, the stock trades at a forward P/E ratio of 7x. Average forward P/E is 14x in the Auto Components industry in Asia. Total returns to shareholders of 76% over the past three years. Price Target Changed • Nov 16
Price target increased to Rp1,785 Up from Rp1,555, the current price target is an average from 2 analysts. New target price is 18% above last closing price of Rp1,515. Stock is up 12% over the past year. The company is forecast to post earnings per share of Rp208 for next year compared to Rp127 last year. Board Change • Nov 16
Less than half of directors are independent There is 1 new director who has joined the board in the last 3 years. The new board member was not an independent director. The company's board is composed of: 1 new director. 3 experienced directors. 8 highly experienced directors. 1 independent director (6 non-independent directors). Independent Director Yusak Solaeman was the last independent director to join the board, commencing their role in 2014. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Reported Earnings • Nov 02
Third quarter 2022 earnings released: EPS: Rp83.46 (vs Rp37.19 in 3Q 2021) Third quarter 2022 results: EPS: Rp83.46 (up from Rp37.19 in 3Q 2021). Revenue: Rp4.91t (up 26% from 3Q 2021). Net income: Rp399.2b (up 123% from 3Q 2021). Profit margin: 8.1% (up from 4.6% in 3Q 2021). The increase in margin was driven by higher revenue. Revenue is forecast to grow 9.8% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Auto Components industry in Asia. Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth. Price Target Changed • Nov 01
Price target increased to Rp1,785 Up from Rp1,555, the current price target is an average from 2 analysts. New target price is 35% above last closing price of Rp1,320. Stock is up 19% over the past year. The company is forecast to post earnings per share of Rp208 for next year compared to Rp127 last year. Reported Earnings • Jul 29
Second quarter 2022 earnings released: EPS: Rp43.24 (vs Rp21.29 in 2Q 2021) Second quarter 2022 results: EPS: Rp43.24 (up from Rp21.29 in 2Q 2021). Revenue: Rp4.00t (up 13% from 2Q 2021). Net income: Rp207.2b (up 102% from 2Q 2021). Profit margin: 5.2% (up from 2.9% in 2Q 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 14%, compared to a 23% growth forecast for the industry in Indonesia. Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings. Price Target Changed • Jun 03
Price target decreased to Rp1,340 Down from Rp1,445, the current price target is provided by 1 analyst. New target price is 14% above last closing price of Rp1,180. Stock is up 0.4% over the past year. The company is forecast to post earnings per share of Rp150 for next year compared to Rp127 last year. Board Change • Apr 27
Less than half of directors are independent There is 1 new director who has joined the board in the last 3 years. The new board member was not an independent director. The company's board is composed of: 1 new director. 3 experienced directors. 8 highly experienced directors. 1 independent director (6 non-independent directors). Independent Director Yusak Solaeman was the last independent director to join the board, commencing their role in 2014. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Reported Earnings • Feb 24
Full year 2021 earnings: Revenues exceed analyst expectations Full year 2021 results: Revenue: Rp15t (up 28% from FY 2020). Net income: Rp611.3b (up Rp612.4b from FY 2020). Profit margin: 4.0% (up from 0% in FY 2020). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 3.5%. Over the next year, revenue is forecast to grow 5.7%, compared to a 21% growth forecast for the industry in Indonesia. Over the last 3 years on average, earnings per share has fallen by 30% per year but the company’s share price has only fallen by 13% per year, which means it has not declined as severely as earnings. Announcement • Feb 19
PT Astra Otoparts Tbk Ordinary Shares to Be Deleted from Other OTC PT Astra Otoparts Tbk's Ordinary Shares will be deleted from other OTC effective from February 22, 2022 due to Inactive Security. Price Target Changed • Nov 10
Price target increased to Rp1,425 Up from Rp1,200, the current price target is provided by 1 analyst. New target price is 21% above last closing price of Rp1,175. Stock is up 28% over the past year. The company is forecast to post earnings per share of Rp114 next year compared to a net loss per share of Rp0.21 last year. Reported Earnings • Nov 01
Third quarter 2021 earnings released: EPS Rp36.68 (vs Rp11.27 in 3Q 2020) The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: Rp3.89t (up 31% from 3Q 2020). Net income: Rp179.2b (up 230% from 3Q 2020). Profit margin: 4.6% (up from 1.8% in 3Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 27% per year but the company’s share price has only fallen by 8% per year, which means it has not declined as severely as earnings. Upcoming Dividend • Oct 05
Upcoming dividend of Rp11.00 per share Eligible shareholders must have bought the stock before 12 October 2021. Payment date: 22 October 2021. Trailing yield: 1.4%. Lower than top quartile of Indonesian dividend payers (4.0%). Lower than average of industry peers (3.3%). Reported Earnings • Jul 30
Second quarter 2021 earnings released: EPS Rp20.97 (vs Rp85.27 loss in 2Q 2020) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: Rp3.54t (up 95% from 2Q 2020). Net income: Rp102.6b (up Rp513.6b from 2Q 2020). Profit margin: 2.9% (up from net loss in 2Q 2020). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 36% per year but the company’s share price has only fallen by 10% per year, which means it has not declined as severely as earnings. Reported Earnings • Apr 24
First quarter 2021 earnings released The company reported a decent first quarter result with improved earnings and profit margins, although revenues were weaker. First quarter 2021 results: Revenue: Rp3.62t (down 5.9% from 1Q 2020). Net income: Rp163.6b (up 50% from 1Q 2020). Profit margin: 4.5% (up from 2.8% in 1Q 2020). Over the last 3 years on average, earnings per share has fallen by 23% per year but the company’s share price has only fallen by 11% per year, which means it has not declined as severely as earnings. Announcement • Mar 03
PT Astra Otoparts Tbk, Annual General Meeting, Apr 12, 2021 PT Astra Otoparts Tbk, Annual General Meeting, Apr 12, 2021. Is New 90 Day High Low • Nov 17
New 90-day high: Rp925 The company is up 2.0% from its price of Rp905 on 19 August 2020. The Indonesian market is up 3.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Auto Components industry, which is up 3.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is Rp712 per share. Major Estimate Revision • Oct 30
Analysts increase EPS estimates to -Rp42.70 The 2020 consensus revenue estimate increased from Rp10.9b to Rp11.1b. Analysts raised their EPS forecasts from -Rp78.66 to -Rp42.70 in 2020. The Auto Components industry in Indonesia is expected to see an average net income growth of 31% next year. The consensus price target increased from Rp1,135 to Rp1,180. Share price stayed mostly flat at Rp865 over the past week. Reported Earnings • Oct 25
Third quarter earnings released Over the last 12 months the company has reported total profits of Rp16.4b, down 98% from the prior year. Total revenue was Rp12t over the last 12 months, down 20% from the prior year.