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TIRA

Tira Austenite IDX:TIRA Stock Report

Last Price

Rp426.00

Market Cap

Rp250.5b

7D

0.9%

1Y

23.1%

Updated

03 Aug, 2022

Data

Company Financials
TIRA fundamental analysis
Snowflake Score
Valuation1/6
Future Growth0/6
Past Performance0/6
Financial Health2/6
Dividends0/6

TIRA Stock Overview

PT Tira Austenite Tbk engages in the trading and distribution of technical products primarily in Indonesia.

Risk Analysis

Does not have a meaningful market cap (IDR250B)


Tira Austenite Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Tira Austenite
Historical stock prices
Current Share PriceRp426.00
52 Week HighRp545.00
52 Week LowRp284.00
Beta0.21
1 Month Change0.47%
3 Month Change13.30%
1 Year Change23.12%
3 Year Change99.07%
5 Year Change57.78%
Change since IPO38.70%

Recent News & Updates

Shareholder Returns

TIRAID Trade DistributorsID Market
7D0.9%-3.4%1.4%
1Y23.1%91.6%12.9%

Return vs Industry: TIRA underperformed the ID Trade Distributors industry which returned 91.6% over the past year.

Return vs Market: TIRA exceeded the ID Market which returned 12.9% over the past year.

Price Volatility

Is TIRA's price volatile compared to industry and market?
TIRA volatility
TIRA Average Weekly Movement6.5%
Trade Distributors Industry Average Movement6.5%
Market Average Movement6.2%
10% most volatile stocks in ID Market12.0%
10% least volatile stocks in ID Market3.0%

Stable Share Price: TIRA is not significantly more volatile than the rest of ID stocks over the past 3 months, typically moving +/- 6% a week.

Volatility Over Time: TIRA's weekly volatility (6%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1971355Selo Winardihttps://www.tiraaustenite.com

PT Tira Austenite Tbk engages in the trading and distribution of technical products primarily in Indonesia. It operates through three segments: Trading and Distribution of Technical Products; Welding and Molding; and Distribution of Industrial Gases. The company sells various steel products, including machinery steel used for the making of shaft, gear, and other machine parts; and stainless and tool steel products, as well as wear resistant steel products for heavy equipment, liner plate, crusher, and other applications.

Tira Austenite Fundamentals Summary

How do Tira Austenite's earnings and revenue compare to its market cap?
TIRA fundamental statistics
Market CapRp250.49b
Earnings (TTM)-Rp881.73m
Revenue (TTM)Rp263.77b

0.9x

P/S Ratio

-284.1x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
TIRA income statement (TTM)
RevenueRp263.77b
Cost of RevenueRp174.06b
Gross ProfitRp89.71b
Other ExpensesRp90.59b
Earnings-Rp881.73m

Last Reported Earnings

Mar 31, 2022

Next Earnings Date

n/a

Earnings per share (EPS)-1.50
Gross Margin34.01%
Net Profit Margin-0.33%
Debt/Equity Ratio61.2%

How did TIRA perform over the long term?

See historical performance and comparison
We’ve recently updated our valuation analysis.

Valuation

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

Valuation Score

1/6

Valuation Score 1/6

  • Price-To-Sales vs Peers

  • Price-To-Sales vs Industry

  • Price-To-Sales vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • Analyst Forecast

Key Valuation Metric

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

Other financial metrics that can be useful for relative valuation.

TIRA key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue1.3x
Enterprise Value/EBITDA19.7x
PEG Ration/a

Price to Sales Ratio vs Peers

How does TIRA's PS Ratio compare to its peers?

TIRA PS Ratio vs Peers
The above table shows the PS ratio for TIRA vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPSEstimated GrowthMarket Cap
Peer Average6.4x
APII Arita Prima Indonesia
0.8xn/aRp206.5b
AYLS Agro Yasa Lestari
23.8xn/aRp134.8b
BLUE Berkah Prima Perkasa
1xn/aRp118.7b
OKAS Ancora Indonesia Resources
0.08xn/aRp139.5b
TIRA Tira Austenite
0.9xn/aRp250.5b

Price-To-Sales vs Peers: TIRA is good value based on its Price-To-Sales Ratio (0.9x) compared to the peer average (6.4x).


Price to Earnings Ratio vs Industry

How does TIRA's PE Ratio compare vs other companies in the Asian Trade Distributors Industry?

Price-To-Sales vs Industry: TIRA is expensive based on its Price-To-Sales Ratio (0.9x) compared to the ID Trade Distributors industry average (0.8x)


Price to Sales Ratio vs Fair Ratio

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

TIRA PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio0.9x
Fair PS Ration/a

Price-To-Sales vs Fair Ratio: Insufficient data to calculate TIRA's Price-To-Sales Fair Ratio for valuation analysis.


Share Price vs Fair Value

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

Below Fair Value: Insufficient data to calculate TIRA's fair value for valuation analysis.

Significantly Below Fair Value: Insufficient data to calculate TIRA's fair value for valuation analysis.


Analyst Price Targets

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

Analyst Forecast: Insufficient data to show price forecast.


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Future Growth

How is Tira Austenite forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

Future Growth Score

0/6

Future Growth Score 0/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


9.4%

Forecasted Capital Goods 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 Tira Austenite 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.


Discover growth companies

  • Take a look at our analysis of TIRA’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.

Past Performance

How has Tira Austenite performed over the past 5 years?

Past Performance Score

0/6

Past Performance Score 0/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


31.7%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: TIRA is currently unprofitable.

Growing Profit Margin: TIRA is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: TIRA is unprofitable, but has reduced losses over the past 5 years at a rate of 31.7% per year.

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

Earnings vs Industry: TIRA is unprofitable, making it difficult to compare its past year earnings growth to the Trade Distributors industry (115.2%).


Return on Equity

High ROE: TIRA has a negative Return on Equity (-0.53%), as it is currently unprofitable.


Discover strong past performing companies

Financial Health

How is Tira Austenite's financial position?

Financial Health Score

2/6

Financial Health Score 2/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Stable Cash Runway

  • Forecast Cash Runway

Financial Position Analysis

Short Term Liabilities: TIRA's short term assets (IDR179.8B) exceed its short term liabilities (IDR144.1B).

Long Term Liabilities: TIRA's short term assets (IDR179.8B) exceed its long term liabilities (IDR45.9B).


Debt to Equity History and Analysis

Debt Level: TIRA's net debt to equity ratio (56%) is considered high.

Reducing Debt: TIRA's debt to equity ratio has increased from 41.2% to 61.2% 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: Insufficient data to determine if TIRA has enough cash runway based on its current free cash flow.

Forecast Cash Runway: Insufficient data to determine if TIRA has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.


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Dividend

What is Tira Austenite current dividend yield, its reliability and sustainability?

Dividend Score

0/6

Dividend Score 0/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Cash Flow Coverage

Dividend Yield vs Market

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

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

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


Earnings Payout to Shareholders

Earnings Coverage: TIRA is not paying a notable dividend for the ID market.


Cash Payout to Shareholders

Cash Flow Coverage: Unable to calculate sustainability of dividends as TIRA has not reported any payouts.


Discover strong dividend paying companies

Management

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

13.2yrs

Average board tenure


CEO

Selo Winardi

no data

Tenure

Mr. Selo Winardi has been the President Director at PT Tira Austenite Tbk since December 11, 2008. Mr. Wirnadi once worked as an Auditor in State Financial Control Directorate (DJPKN) of the Ministry of F...


Board Members

Experienced Board: TIRA's board of directors are seasoned and experienced ( 13.2 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 Tira Austenite Tbk's employee growth, exchange listings and data sources


Key Information

  • Name: PT Tira Austenite Tbk
  • Ticker: TIRA
  • Exchange: IDX
  • Founded: 1971
  • Industry: Trading Companies and Distributors
  • Sector: Capital Goods
  • Implied Market Cap: Rp250.488b
  • Shares outstanding: 588.00m
  • Website: https://www.tiraaustenite.com

Number of Employees


Location

  • PT Tira Austenite Tbk
  • Pulogadung Industrial Estate
  • JI. Pulo Ayang Kav. R.1
  • Jakarta Timur
  • Jakarta Raya
  • 13930
  • Indonesia

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/08/03 00:00
End of Day Share Price2022/08/01 00:00
Earnings2022/03/31
Annual Earnings2021/12/31


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.