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Multistrada Arah Sarana

Market Cap

Rp12.5t

Last Updated

2021/05/10 17:24 UTC

Data Sources

Company Financials

Executive Summary

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


Snowflake Analysis

Acceptable track record with imperfect balance sheet.


Similar Companies

Share Price & News

How has Multistrada Arah Sarana's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: Insufficient data to determine MASA's volatility over the past 3 months.

Volatility Over Time: Insufficient data to determine MASA's volatility change over the past year.


Market Performance


7 Day Return

0%

MASA

-1.2%

ID Auto Components

-0.5%

ID Market


1 Year Return

223.8%

MASA

68.0%

ID Auto Components

22.3%

ID Market

Return vs Industry: MASA exceeded the ID Auto Components industry which returned 68% over the past year.

Return vs Market: MASA exceeded the ID Market which returned 22.3% over the past year.


Shareholder returns

MASAIndustryMarket
7 Day0%-1.2%-0.5%
30 Day0%-0.9%-2.7%
90 Day5.4%5.8%-5.5%
1 Year223.8%223.8%73.0%68.0%26.3%22.3%
3 Year344.4%344.4%30.4%20.0%2.3%-5.4%
5 Year597.4%597.4%57.0%37.2%34.1%17.8%

Long-Term Price Volatility Vs. Market

How volatile is Multistrada Arah Sarana's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

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

158.85x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: MASA (IDR1360) is trading above our estimate of fair value (IDR149.99)

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 (158.9x) compared to the ID Auto Components industry average (19.3x).

PE vs Market: MASA is poor value based on its PE Ratio (158.9x) compared to the ID market (22.4x).


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 (4.2x) compared to the ID Auto Components industry average (0.7x).


Future Growth

How is Multistrada Arah Sarana forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

27.0%

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?

-11.1%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: MASA has high quality earnings.

Growing Profit Margin: MASA became profitable in the past.


Past Earnings Growth Analysis

Earnings Trend: MASA has become profitable over the past 5 years, growing earnings by -11.1% per year.

Accelerating Growth: MASA has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: MASA has become profitable in the last year, making it difficult to compare its past year earnings growth to the Auto Components industry (-24.5%).


Return on Equity

High ROE: MASA's Return on Equity (2.6%) is considered low.


Financial Health

How is Multistrada Arah Sarana's financial position?


Financial Position Analysis

Short Term Liabilities: MASA's short term assets ($121.2M) do not cover its short term liabilities ($206.4M).

Long Term Liabilities: MASA's short term assets ($121.2M) exceed its long term liabilities ($17.8M).


Debt to Equity History and Analysis

Debt Level: MASA's debt to equity ratio (71.1%) is considered high.

Reducing Debt: MASA's debt to equity ratio has increased from 53.3% to 71.1% over the past 5 years.

Debt Coverage: MASA's debt is well covered by operating cash flow (20.4%).

Interest Coverage: MASA's interest payments on its debt are not well covered by EBIT (2.3x coverage).


Balance Sheet


Dividend

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


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.


Current Payout to Shareholders

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


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of MASA's dividend in 3 years as they are not forecast to pay a notable one for the ID market.


Next Steps

Management

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

0.5yrs

Average board tenure


CEO

Steven Vette (57 yo)

0.50

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 not considered experienced ( 0.5 years average tenure), which suggests a new board.


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 company bio, 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
  • Market Cap: Rp12.489t
  • 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


Biography

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 ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/05/10 17:24
End of Day Share Price2021/03/01 00:00
Earnings2020/09/30
Annual Earnings2019/12/31


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.