PT Astra International Tbk

IDX:ASII Stock Report

Market Cap: Rp199.6t

Astra International Valuation

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

Valuation Score

6/6

Valuation Score 6/6

  • 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 (IDR4930) is trading below our estimate of fair value (IDR6223.86)

Significantly Below Fair Value: ASII is trading below fair value by more than 20%.

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 Ratio5.9x
EarningsRp34.00t
Market CapRp199.58t

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 Average20.7x
BNBR Bakrie & Brothers
10.7xn/aRp8.0t
LIFCO B Lifco
44.3x16.0%SEK 144.2b
A028260 Samsung C&T
9.1x8.4%₩20.2t
GCARSO A1 Grupo Carso. de
18.9x15.6%Mex$264.9b
ASII Astra International
5.9x0.2%Rp199.6t

Price-To-Earnings vs Peers: ASII is good value based on its Price-To-Earnings Ratio (5.9x) compared to the peer average (20.8x).

Price to Earnings Ratio vs Industry

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

2 CompaniesPrice / EarningsEstimated GrowthMarket Cap
ASII 5.9xIndustry Avg. 12.8xNo. of Companies17PE01020304050+
2 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: ASII is good value based on its Price-To-Earnings Ratio (5.9x) 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 Ratio5.9x
Fair PE Ratio13.6x

Price-To-Earnings vs Fair Ratio: ASII is good value based on its Price-To-Earnings Ratio (5.9x) compared to the estimated Fair Price-To-Earnings Ratio (13.6x).

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
CurrentRp4,930.00
Rp5,958.70
+20.9%
9.7%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%Rp8,500.00Rp5,500.00n/a17
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
Nov ’23Rp6,575.00
Rp7,756.84
+18.0%
12.0%Rp9,500.00Rp5,000.00Rp5,800.0019

Analyst Forecast: Target price is more than 20% higher than the current share price and analysts are within a statistically confident range of agreement.

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