How does TYRE's PE Ratio compare to its peers?

TYRE is expensive based on its Price-To-Earnings Ratio (20.4x) compared to the peer average (9.9x).

How does TYRE's PE Ratio compare vs other companies in the Asian Auto Components Industry?

TYRE is good value based on its Price-To-Earnings Ratio (20.4x) compared to the Asian Auto Components industry average (20.6x).

What is TYRE's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

Insufficient data to calculate TYRE's Price-To-Earnings Fair Ratio for valuation analysis.

What is the Fair Price of TYRE when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

TYRE (IDR129) is trading above our estimate of [[fair value]] (IDR3.98)

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Insufficient data to show price forecast.

King Tire Indonesia IDX:TYRE Stock Report

Last Price

Rp129.00

Market Cap

Rp448.7b

7D

0%

1Y

0.8%

Updated

22 Dec, 2024

Data

Company Financials

PT King Tire Indonesia Tbk

IDX:TYRE Stock Report

Market Cap: Rp448.7b

TYRE Stock Overview

Engages in the manufacture and sale of tubes and tires in Indonesia. More details

TYRE fundamental analysis
Snowflake Score
Valuation	1/6
Future Growth	0/6
Past Performance	1/6
Financial Health	5/6
Dividends	2/6

Risk Analysis

High level of non-cash earnings

Does not have a meaningful market cap (IDR449B)

Dividend of 3.1% is not well covered by free cash flows

My Notes

Capture your thoughts, links and company narrative

PT King Tire Indonesia Tbk Competitors

Goodyear Indonesia

IDX:GDYR

Rp490.0b

Kirana Megatara

IDX:KMTR

Rp2.6t

Indo Kordsa

IDX:BRAM

Rp2.7t

PT. Gajah Tunggal

IDX:GJTL

Rp3.8t

Price History & Performance

Summary of share price highs, lows and changes for King Tire Indonesia
Historical stock prices
Current Share Price	Rp129.00
52 Week High	Rp159.00
52 Week Low	Rp99.00
Beta	0
1 Month Change	2.38%
3 Month Change	0%
1 Year Change	0.78%
3 Year Change	n/a
5 Year Change	n/a
Change since IPO	-30.65%

Recent News & Updates

Recent updates

Shareholder Returns

	TYRE	ID Auto Components	ID Market
7D	0%	-4.1%	-3.6%
1Y	0.8%	-7.0%	2.7%

Return vs Industry: TYRE exceeded the ID Auto Components industry which returned -7% over the past year.

Return vs Market: TYRE underperformed the ID Market which returned 2.7% over the past year.

Price Volatility

Is TYRE's price volatile compared to industry and market?
TYRE volatility
TYRE Average Weekly Movement	2.3%
Auto Components Industry Average Movement	4.6%
Market Average Movement	5.5%
10% most volatile stocks in ID Market	12.8%
10% least volatile stocks in ID Market	2.4%

Stable Share Price: TYRE has not had significant price volatility in the past 3 months compared to the ID market.

Volatility Over Time: TYRE's weekly volatility (2%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
1977	168	Harris Muliawan	kingland.co.id

PT King Tire Indonesia Tbk engages in the manufacture and sale of tubes and tires in Indonesia. The company operates through Tire and Tube segments. It offers tires for bicycles, motorcycles, and cars.

PT King Tire Indonesia Tbk Fundamentals Summary

How do King Tire Indonesia's earnings and revenue compare to its market cap?
TYRE fundamental statistics
Market cap	Rp448.67b
Earnings (TTM)	Rp22.02b
Revenue (TTM)	Rp528.71b

20.4x

P/E Ratio

0.8x

P/S Ratio

Is TYRE overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
TYRE income statement (TTM)
Revenue	Rp528.71b
Cost of Revenue	Rp431.06b
Gross Profit	Rp97.65b
Other Expenses	Rp75.62b
Earnings	Rp22.02b

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	6.33
Gross Margin	18.47%
Net Profit Margin	4.17%
Debt/Equity Ratio	41.6%

How did TYRE perform over the long term?

See historical performance and comparison

Dividends

3.1%

Current Dividend Yield

32%

Payout Ratio

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/22 08:09
End of Day Share Price	2024/12/20 00:00
Earnings	2024/06/30
Annual Earnings	2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

PT King Tire Indonesia Tbk is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution