company background image
MASA

Multistrada Arah Sarana IDX:MASA Stock Report

Last Price

Rp2.98k

Market Cap

Rp27.4t

7D

-0.3%

1Y

n/a

Updated

23 May, 2022

Data

Company Financials
MASA fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance5/6
Financial Health5/6
Dividends0/6

MASA Stock Overview

PT Multistrada Arah Sarana Tbk, together with its subsidiaries, manufactures, distributes, and markets tires for motor vehicles.

Multistrada Arah Sarana Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Multistrada Arah Sarana
Historical stock prices
Current Share PriceRp2,980.00
52 Week HighRp7,300.00
52 Week LowRp1,220.00
Beta-0.71
1 Month Change-23.20%
3 Month Change-37.92%
1 Year Changen/a
3 Year Change341.48%
5 Year Change1,346.60%
Change since IPO1,555.56%

Recent News & Updates

Shareholder Returns

MASAID Auto ComponentsID Market
7D-0.3%-0.3%3.3%
1Yn/a13.2%18.2%

Return vs Industry: Insufficient data to determine how MASA performed against the ID Auto Components industry.

Return vs Market: Insufficient data to determine how MASA performed against the ID Market.

Price Volatility

Is MASA's price volatile compared to industry and market?
MASA volatility
MASA Average Weekly Movement6.4%
Auto Components Industry Average Movement4.8%
Market Average Movement6.3%
10% most volatile stocks in ID Market12.0%
10% least volatile stocks in ID Market3.0%

Stable Share Price: MASA is not significantly more volatile than the rest of ID stocks over the past 3 months, typically moving +/- 6% a week.

Volatility Over Time: MASA's weekly volatility has decreased from 13% to 6% over the past year.

About the Company

FoundedEmployeesCEOWebsite
19883,158Steven Vettehttps://www.multistrada.co.id

PT Multistrada Arah Sarana Tbk, together with its subsidiaries, manufactures, distributes, and markets tires for motor vehicles. It offers passenger car, sport utility vehicle, and light truck tires under the Achilles brand; and two wheeled vehicle tires under the Corsa brand. The company also provides industrial estate management services.

Multistrada Arah Sarana Fundamentals Summary

How do Multistrada Arah Sarana's earnings and revenue compare to its market cap?
MASA fundamental statistics
Market CapUS$1.86b
Earnings (TTM)US$60.97m
Revenue (TTM)US$463.20m

30.6x

P/E Ratio

4.0x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
MASA income statement (TTM)
RevenueUS$463.20m
Cost of RevenueUS$319.67m
Gross ProfitUS$143.53m
Other ExpensesUS$82.56m
EarningsUS$60.97m

Last Reported Earnings

Dec 31, 2021

Next Earnings Date

n/a

Earnings per share (EPS)0.0066
Gross Margin30.99%
Net Profit Margin13.16%
Debt/Equity Ratio43.0%

How did MASA perform over the long term?

See historical performance and comparison

Valuation

Is Multistrada Arah Sarana undervalued compared to its fair value and its price relative to the market?

Valuation Score

0/6

Valuation Score 0/6

  • Below Fair Value

  • Significantly Below Fair Value

  • PE vs Industry

  • PE vs Market

  • PEG Ratio

  • PB vs Industry


30.63x

Price to Earnings (PE) ratio

Share Price vs. Fair Value

Below Fair Value: MASA (IDR2980) is trading above our estimate of fair value (IDR635.9)

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


Price To Earnings Ratio

PE vs Industry: MASA is poor value based on its PE Ratio (30.6x) compared to the ID Auto Components industry average (12.3x).

PE vs Market: MASA is poor value based on its PE Ratio (30.6x) compared to the ID market (18.5x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: MASA is overvalued based on its PB Ratio (6.7x) compared to the ID Auto Components industry average (0.8x).


Future Growth

How is Multistrada Arah Sarana 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


23.9%

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 Multistrada Arah Sarana 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 Multistrada Arah Sarana performed over the past 5 years?

Past Performance Score

5/6

Past Performance Score 5/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


49.9%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: MASA has high quality earnings.

Growing Profit Margin: MASA's current net profit margins (13.2%) are higher than last year (11.1%).


Past Earnings Growth Analysis

Earnings Trend: MASA has become profitable over the past 5 years, growing earnings by 49.9% per year.

Accelerating Growth: MASA's earnings growth over the past year (72.5%) exceeds its 5-year average (49.9% per year).

Earnings vs Industry: MASA earnings growth over the past year (72.5%) underperformed the Auto Components industry 75.4%.


Return on Equity

High ROE: MASA's Return on Equity (21.9%) is considered high.


Financial Health

How is Multistrada Arah Sarana's financial position?

Financial Health Score

5/6

Financial Health Score 5/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: MASA's short term assets ($240.8M) exceed its short term liabilities ($148.7M).

Long Term Liabilities: MASA's short term assets ($240.8M) exceed its long term liabilities ($109.6M).


Debt to Equity History and Analysis

Debt Level: MASA's net debt to equity ratio (40.3%) is considered high.

Reducing Debt: MASA's debt to equity ratio has reduced from 59.5% to 43% over the past 5 years.

Debt Coverage: MASA's debt is well covered by operating cash flow (52.6%).

Interest Coverage: MASA's interest payments on its debt are well covered by EBIT (67.3x coverage).


Balance Sheet


Dividend

What is Multistrada Arah Sarana current dividend yield, its reliability and sustainability?

Dividend Score

0/6

Dividend Score 0/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Future Dividend Coverage

Dividend Yield vs Market

Notable Dividend: Unable to evaluate MASA's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate MASA's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if MASA's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if MASA's dividend payments have been increasing.


Earnings Payout to Shareholders

Earnings Coverage: MASA is not paying a notable dividend for the ID market.


Cash Payout to Shareholders

Cash Flow Coverage: Unable to calculate sustainability of dividends as MASA has not reported any payouts.


Discover strong dividend paying companies

Management

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

3.0yrs

Average board tenure


CEO

Steven Vette (58 yo)

1.5yrs

Tenure

Mr. Steven Gommert Vette serves as President Director at PT Multistrada Arah Sarana Tbk since November 2020. Before serving as President Director of the Company, he served as Marketing Manager for Michelin...


Board Members

Experienced Board: MASA's board of directors are considered experienced (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 Multistrada Arah Sarana Tbk's employee growth, exchange listings and data sources


Key Information

  • Name: PT Multistrada Arah Sarana Tbk
  • Ticker: MASA
  • Exchange: IDX
  • Founded: 1988
  • Industry: Tires and Rubber
  • Sector: Automobiles
  • Implied Market Cap: Rp27.365t
  • Shares outstanding: 9.18b
  • Website: https://www.multistrada.co.id

Number of Employees


Location

  • PT Multistrada Arah Sarana Tbk
  • Jl. Raya Lemahabang Km 58,3
  • Desa Karangsari
  • Bekasi
  • Jawa Barat
  • 17550
  • 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
Earnings2021/12/31
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.