PT Astra International Tbk

IDX:ASII Stock Report

Market Cap: Rp202.4t

Astra International Valuation

Is ASII undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

4/6

Valuation Score 4/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

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

Below Fair Value: ASII (IDR5000) is trading below our estimate of fair value (IDR6085.82)

Significantly Below Fair Value: ASII is trading below fair value, but not by a significant amount.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for ASII?

Key metric: As ASII is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for ASII. This is calculated by dividing ASII's market cap by their current earnings.
What is ASII's PE Ratio?
PE Ratio6x
EarningsRp34.00t
Market CapRp202.42t

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for ASII vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average25.9x
BNBR Bakrie & Brothers
8.3xn/aRp6.2t
LIFCO B Lifco
47.1x16.0%SEK 152.0b
GCARSO A1 Grupo Carso. de
19.1x15.6%Mex$265.9b
LATO B Investment AB Latour
28.9xn/aSEK 177.0b
ASII Astra International
6x0.7%Rp202.4t

Price-To-Earnings vs Peers: ASII is good value based on its Price-To-Earnings Ratio (6x) compared to the peer average (25.9x).

Price to Earnings Ratio vs Industry

How does ASII's PE Ratio compare vs other companies in the Asian Industrials Industry?

1 CompanyPrice / EarningsEstimated GrowthMarket Cap
ASII 6.0xIndustry Avg. 12.8xNo. of Companies14PE0816243240+
1 CompanyEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: ASII is good value based on its Price-To-Earnings Ratio (6x) compared to the Asian Industrials industry average (12.8x).

Price to Earnings Ratio vs Fair Ratio

What is ASII'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.

ASII PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio6x
Fair PE Ratio13.8x

Price-To-Earnings vs Fair Ratio: ASII is good value based on its Price-To-Earnings Ratio (6x) compared to the estimated Fair Price-To-Earnings Ratio (13.8x).

Analyst Price Targets

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

The above table shows the analyst ASII forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentRp5,000.00
Rp5,994.57
+19.9%
9.1%Rp7,425.00Rp4,900.00n/a23
Dec ’25Rp5,100.00
Rp5,994.57
+17.5%
9.1%Rp7,425.00Rp4,900.00n/a23
Nov ’25Rp5,075.00
Rp5,902.17
+16.3%
10.2%Rp7,425.00Rp4,900.00n/a23
Oct ’25Rp5,175.00
Rp5,858.33
+13.2%
10.9%Rp7,425.00Rp4,400.00n/a24
Sep ’25Rp5,100.00
Rp5,716.67
+12.1%
13.7%Rp7,425.00Rp3,900.00n/a24
Aug ’25Rp4,740.00
Rp5,831.60
+23.0%
15.4%Rp7,500.00Rp3,900.00n/a25
Jul ’25Rp4,620.00
Rp5,850.63
+26.6%
15.2%Rp7,500.00Rp3,900.00n/a24
Jun ’25Rp4,290.00
Rp5,921.46
+38.0%
14.9%Rp7,500.00Rp3,900.00n/a24
May ’25Rp5,150.00
Rp6,098.48
+18.4%
15.0%Rp7,500.00Rp4,400.00n/a23
Apr ’25Rp5,200.00
Rp6,112.73
+17.6%
15.4%Rp7,630.00Rp4,400.00n/a22
Mar ’25Rp5,225.00
Rp6,212.73
+18.9%
14.5%Rp7,630.00Rp4,600.00n/a22
Feb ’25Rp5,125.00
Rp6,618.70
+29.1%
16.2%Rp8,500.00Rp4,650.00n/a23
Jan ’25Rp5,650.00
Rp7,176.58
+27.0%
10.3%Rp8,500.00Rp5,500.00n/a19
Dec ’24Rp5,750.00
Rp7,206.18
+25.3%
10.5%Rp8,500.00Rp5,500.00Rp5,100.0017
Nov ’24Rp5,800.00
Rp7,385.29
+27.3%
10.2%Rp8,500.00Rp5,500.00Rp5,075.0017
Oct ’24Rp6,225.00
Rp7,469.38
+20.0%
8.0%Rp8,400.00Rp5,500.00Rp5,175.0016
Sep ’24Rp6,550.00
Rp7,583.44
+15.8%
4.3%Rp8,400.00Rp7,050.00Rp5,100.0016
Aug ’24Rp6,875.00
Rp7,516.76
+9.3%
4.7%Rp8,400.00Rp7,000.00Rp4,740.0017
Jul ’24Rp6,775.00
Rp7,497.78
+10.7%
8.6%Rp9,500.00Rp6,600.00Rp4,620.0018
Jun ’24Rp6,450.00
Rp7,433.89
+15.3%
9.8%Rp9,500.00Rp6,300.00Rp4,290.0018
May ’24Rp6,750.00
Rp7,283.95
+7.9%
12.1%Rp9,500.00Rp5,000.00Rp5,150.0019
Apr ’24Rp6,000.00
Rp7,270.79
+21.2%
12.1%Rp9,500.00Rp5,000.00Rp5,200.0019
Mar ’24Rp6,150.00
Rp7,337.25
+19.3%
12.4%Rp9,500.00Rp5,000.00Rp5,225.0020
Feb ’24Rp6,000.00
Rp7,333.95
+22.2%
12.7%Rp9,500.00Rp5,000.00Rp5,125.0019
Jan ’24Rp5,700.00
Rp7,537.11
+32.2%
13.2%Rp9,500.00Rp5,000.00Rp5,650.0019
Dec ’23Rp6,175.00
Rp7,591.05
+22.9%
12.6%Rp9,500.00Rp5,000.00Rp5,750.0019

Analyst Forecast: Target price is less than 20% higher than the current share price.

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/18 17:59
End of Day Share Price 2024/12/18 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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 Astra International Tbk is covered by 34 analysts. 22 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Michael GreenallBNP Paribas Securities (Asia)
Paul Robert DewberryBofA Global Research
Handy NoverdaniusCGS International