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GJTL

Gajah Tunggal IDX:GJTL Stock Report

Last Price

Rp620.00

Market Cap

Rp2.2t

7D

-1.6%

1Y

-27.5%

Updated

23 May, 2022

Data

Company Financials
GJTL fundamental analysis
Snowflake Score
Valuation1/6
Future Growth0/6
Past Performance1/6
Financial Health3/6
Dividends2/6

GJTL Stock Overview

PT. Gajah Tunggal Tbk produces and distributes tires for passenger cars, SUVs, commercial vehicles, off-the-road vehicles, industrial vehicles, and motorcycles.

Gajah Tunggal Competitors

 

 

 

 

 

 

 

 

 

 

 

 

Price History & Performance

Summary of all time highs, changes and price drops for Gajah Tunggal
Historical stock prices
Current Share PriceRp620.00
52 Week HighRp905.00
52 Week LowRp610.00
Beta1.5
1 Month Change-3.13%
3 Month Change-4.61%
1 Year Change-27.49%
3 Year Change-6.77%
5 Year Change-37.69%
Change since IPO33.25%

Recent News & Updates

Shareholder Returns

GJTLID Auto ComponentsID Market
7D-1.6%-0.7%2.2%
1Y-27.5%12.2%17.3%

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

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

Price Volatility

Is GJTL's price volatile compared to industry and market?
GJTL volatility
GJTL Average Weekly Movement3.1%
Auto Components Industry Average Movement4.8%
Market Average Movement6.2%
10% most volatile stocks in ID Market12.0%
10% least volatile stocks in ID Market2.9%

Stable Share Price: GJTL is less volatile than 75% of ID stocks over the past 3 months, typically moving +/- 3% a week.

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

About the Company

FoundedEmployeesCEOWebsite
195117,516Sugeng Rahardjohttps://www.gt-tires.com

PT. Gajah Tunggal Tbk produces and distributes tires for passenger cars, SUVs, commercial vehicles, off-the-road vehicles, industrial vehicles, and motorcycles. It also manufactures and sells other rubber related products, such as synthetic rubber, tire cords, inner tube, flap, o-ring, and other products, as well as nylon filament yarn, polyester chips as raw materials for nylon cord, and fishing net yarn. In addition, the company engages in general trading activities.

Gajah Tunggal Fundamentals Summary

How do Gajah Tunggal's earnings and revenue compare to its market cap?
GJTL fundamental statistics
Market CapRp2.16t
Earnings (TTM)Rp43.65b
Revenue (TTM)Rp15.65t

49.5x

P/E Ratio

0.1x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
GJTL income statement (TTM)
RevenueRp15.65t
Cost of RevenueRp13.66t
Gross ProfitRp1.98t
Other ExpensesRp1.94t
EarningsRp43.65b

Last Reported Earnings

Mar 31, 2022

Next Earnings Date

n/a

Earnings per share (EPS)12.53
Gross Margin12.68%
Net Profit Margin0.28%
Debt/Equity Ratio75.5%

How did GJTL perform over the long term?

See historical performance and comparison

Dividends

1.6%

Current Dividend Yield

80%

Payout Ratio

Valuation

Is Gajah Tunggal undervalued compared to its fair value and its price relative to the market?

Valuation Score

1/6

Valuation Score 1/6

  • Below Fair Value

  • Significantly Below Fair Value

  • PE vs Industry

  • PE vs Market

  • PEG Ratio

  • PB vs Industry


49.49x

Price to Earnings (PE) ratio

Share Price vs. Fair Value

Below Fair Value: GJTL (IDR620) is trading above our estimate of fair value (IDR68.43)

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


Price To Earnings Ratio

PE vs Industry: GJTL is poor value based on its PE Ratio (49.5x) compared to the ID Auto Components industry average (12.3x).

PE vs Market: GJTL is poor value based on its PE Ratio (49.5x) compared to the ID market (18.5x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate GJTL's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: GJTL is good value based on its PB Ratio (0.3x) compared to the ID Auto Components industry average (0.8x).


Future Growth

How is Gajah Tunggal forecast to perform in the next 1 to 3 years based on estimates from 0 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


24.1%

Forecasted Automobiles industry annual growth in earnings

In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Gajah Tunggal has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Past Performance

How has Gajah Tunggal performed over the past 5 years?

Past Performance Score

1/6

Past Performance Score 1/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


24.2%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: GJTL has a large one-off loss of IDR43.5B impacting its March 31 2022 financial results.

Growing Profit Margin: GJTL's current net profit margins (0.3%) are lower than last year (7.2%).


Past Earnings Growth Analysis

Earnings Trend: GJTL's earnings have grown significantly by 24.2% per year over the past 5 years.

Accelerating Growth: GJTL's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: GJTL had negative earnings growth (-95.5%) over the past year, making it difficult to compare to the Auto Components industry average (75.4%).


Return on Equity

High ROE: GJTL's Return on Equity (0.5%) is considered low.


Financial Health

How is Gajah Tunggal's financial position?

Financial Health Score

3/6

Financial Health Score 3/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: GJTL's short term assets (IDR8,902.9B) exceed its short term liabilities (IDR5,173.3B).

Long Term Liabilities: GJTL's short term assets (IDR8,902.9B) exceed its long term liabilities (IDR6,695.5B).


Debt to Equity History and Analysis

Debt Level: GJTL's net debt to equity ratio (57.1%) is considered high.

Reducing Debt: GJTL's debt to equity ratio has reduced from 122.8% to 75.5% over the past 5 years.

Debt Coverage: GJTL's debt is not well covered by operating cash flow (7.3%).

Interest Coverage: GJTL's interest payments on its debt are not well covered by EBIT (1.2x coverage).


Balance Sheet


Dividend

What is Gajah Tunggal 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


1.61%

Current Dividend Yield

Dividend Yield vs Market

Notable Dividend: GJTL's dividend (1.61%) is higher than the bottom 25% of dividend payers in the ID market (1.13%).

High Dividend: GJTL's dividend (1.61%) is low compared to the top 25% of dividend payers in the ID market (4.15%).


Stability and Growth of Payments

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

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


Earnings Payout to Shareholders

Earnings Coverage: At its current payout ratio (79.8%), GJTL's payments are covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its high cash payout ratio (212%), GJTL's dividend payments are not well covered by cash flows.


Discover strong dividend paying companies

Management

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

6.3yrs

Average board tenure


CEO

Sugeng Rahardjo

4.33yrs

Tenure

Mr. Sugeng Rahardjo is President Director of PT. Gajah Tunggal Tbk since 2018. He was appointed as Extraordinary and Plenipotentiary Ambassador of the Republic of Indonesia to the People’s Republic of Chin...


Board Members

Experienced Board: GJTL's board of directors are considered experienced (6.3 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.


Top Shareholders

Company Information

PT. Gajah Tunggal Tbk's employee growth, exchange listings and data sources


Key Information

  • Name: PT. Gajah Tunggal Tbk
  • Ticker: GJTL
  • Exchange: IDX
  • Founded: 1951
  • Industry: Tires and Rubber
  • Sector: Automobiles
  • Implied Market Cap: Rp2.160t
  • Shares outstanding: 3.48b
  • Website: https://www.gt-tires.com

Number of Employees


Location

  • PT. Gajah Tunggal Tbk
  • Wisma Hayam Wuruk
  • 10th Floor
  • Jakarta
  • Jakarta Raya
  • 10120
  • Indonesia

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/05/23 00:00
End of Day Share Price2022/05/23 00:00
Earnings2022/03/31
Annual Earnings2021/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.