NOT FOR DISTRIBUTION
Header cover image

Prima Alloy Steel Universal

Market Cap

Rp96.0b

Last Updated

2021/05/11 10:20 UTC

Data Sources

Company Financials

Executive Summary

PT. Prima Alloy Steel Universal Tbk manufactures and sells aluminum alloy wheels in Indonesia. More Details


Snowflake Analysis

Overvalued with worrying balance sheet.

Share Price & News

How has Prima Alloy Steel Universal's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: PRAS is not significantly more volatile than the rest of ID stocks over the past 3 months, typically moving +/- 8% a week.

Volatility Over Time: PRAS's weekly volatility (8%) has been stable over the past year.


Market Performance


7 Day Return

-1.4%

PRAS

-0.05%

ID Auto Components

0.1%

ID Market


1 Year Return

-13.3%

PRAS

70.1%

ID Auto Components

27.1%

ID Market

Return vs Industry: PRAS underperformed the ID Auto Components industry which returned 70.1% over the past year.

Return vs Market: PRAS underperformed the ID Market which returned 27.1% over the past year.


Shareholder returns

PRASIndustryMarket
7 Day-1.4%-0.05%0.1%
30 Day-7.4%0.02%-1.8%
90 Day-11.6%5.7%-4.4%
1 Year-13.3%-13.3%75.2%70.1%31.4%27.1%
3 Year-27.9%-27.9%31.2%20.7%7.5%-0.6%
5 Year-12.7%-12.7%57.9%38.0%38.5%21.7%

Long-Term Price Volatility Vs. Market

How volatile is Prima Alloy Steel Universal's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Prima Alloy Steel Universal undervalued compared to its fair value and its price relative to the market?

0.18x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate PRAS's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate PRAS's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: PRAS is unprofitable, so we can't compare its PE Ratio to the ID Auto Components industry average.

PE vs Market: PRAS is unprofitable, so we can't compare its PE Ratio to the ID market.


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: PRAS is good value based on its PB Ratio (0.2x) compared to the ID Auto Components industry average (0.7x).


Future Growth

How is Prima Alloy Steel Universal 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 Prima Alloy Steel Universal 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 Prima Alloy Steel Universal performed over the past 5 years?

-64.4%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: PRAS is currently unprofitable.

Growing Profit Margin: PRAS is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: PRAS is unprofitable, and losses have increased over the past 5 years at a rate of 64.4% per year.

Accelerating Growth: Unable to compare PRAS's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: PRAS is unprofitable, making it difficult to compare its past year earnings growth to the Auto Components industry (-24.5%).


Return on Equity

High ROE: PRAS has a negative Return on Equity (-9.57%), as it is currently unprofitable.


Financial Health

How is Prima Alloy Steel Universal's financial position?


Financial Position Analysis

Short Term Liabilities: PRAS's short term assets (IDR468.4B) exceed its short term liabilities (IDR254.4B).

Long Term Liabilities: PRAS's short term assets (IDR468.4B) do not cover its long term liabilities (IDR890.7B).


Debt to Equity History and Analysis

Debt Level: PRAS's debt to equity ratio (168.7%) is considered high.

Reducing Debt: PRAS's debt to equity ratio has increased from 78.8% to 168.7% over the past 5 years.


Balance Sheet


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: PRAS has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: PRAS has less than a year of cash runway if free cash flow continues to reduce at historical rates of 15.2% each year


Dividend

What is Prima Alloy Steel Universal current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

High Dividend: Unable to evaluate PRAS'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 PRAS's dividends per share have been stable in the past.

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


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of PRAS'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?

9.3yrs

Average board tenure


CEO

Djoko Sutrisno (73 yo)

37.33yrs

Tenure

Mr. Djoko Sutrisno has been the President Director at Prima Alloy Steel Universal PT since 1984.


Board Members

Experienced Board: PRAS's board of directors are considered experienced (9.3 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. Prima Alloy Steel Universal Tbk.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: PT. Prima Alloy Steel Universal Tbk.
  • Ticker: PRAS
  • Exchange: IDX
  • Founded: 1984
  • Industry: Auto Parts and Equipment
  • Sector: Automobiles
  • Market Cap: Rp96.043b
  • Shares outstanding: 701.04m
  • Website: https://www.panther-wheels.net

Number of Employees


Location

  • PT. Prima Alloy Steel Universal Tbk.
  • Jalan Muncul No. 1
  • Kecamatan Gedangan
  • Sidoarjo
  • Jawa Timur
  • 61254
  • Indonesia

Listings


Biography

PT. Prima Alloy Steel Universal Tbk manufactures and sells aluminum alloy wheels in Indonesia. It also exports its products to Europe, the United States, Africa, Australia, and Asia. The company was founde...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/05/11 10:20
End of Day Share Price2021/05/10 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.