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Astra International

OTCPK:PTAI.F
Snowflake Description

Excellent balance sheet average dividend payer.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
PTAI.F
OTCPK
IDR295,530B
Market Cap
  1. Home
  2. US
  3. Automobiles
Company description

PT Astra International Tbk, together with its subsidiaries, engages in the automotive, financial services, heavy equipment and mining, agribusiness, infrastructure and logistics, information technology, and property businesses in Indonesia. The last earnings update was 21 days ago. More info.


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PTAI.F Share Price and Events
7 Day Returns
-5.7%
OTCPK:PTAI.F
-2.2%
US Auto
1.6%
US Market
1 Year Returns
-7.4%
OTCPK:PTAI.F
-9.8%
US Auto
3.2%
US Market
PTAI.F Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Astra International (PTAI.F) -5.7% - - -7.4% - -26.5%
US Auto -2.2% -4.9% -0.1% -9.8% 5.6% -11.3%
US Market 1.6% 2.1% 12.8% 3.2% 38.6% 43.6%
1 Year Return vs Industry and Market
  • PTAI.F outperformed the Auto industry which returned -9.8% over the past year.
  • PTAI.F underperformed the Market in United States of America which returned 3.2% over the past year.
Price Volatility
PTAI.F
Industry
5yr Volatility vs Market
Related Companies

PTAI.F Value

 Is Astra International undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Astra International to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data    Our intrinsic value calculation method has changed recently, learn more here.

Below are the data sources, inputs and calculation used to determine the intrinsic value for Astra International.

OTCPK:PTAI.F Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 20 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 7.5%
Perpetual Growth Rate 10-Year US Government Bond Rate 2.7%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for OTCPK:PTAI.F
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year US Govt Bond Rate 2.7%
Equity Risk Premium S&P Global 6%
Auto Unlevered Beta Simply Wall St/ S&P Global 0.57
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.572 (1 + (1- 25%) (29.07%))
0.797
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
0.8
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 2.73% + (0.8 * 5.96%)
7.5%

Discounted Cash Flow Calculation for OTCPK:PTAI.F using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Astra International is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

OTCPK:PTAI.F DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (IDR, Millions) Source Present Value
Discounted (@ 7.5%)
2019 8,156,500.00 Analyst x2 7,587,583.02
2020 18,272,000.00 Analyst x5 15,811,945.84
2021 9,795,000.00 Analyst x1 7,885,028.86
2022 9,596,437.92 Est @ -2.03% 7,186,352.58
2023 9,538,856.93 Est @ -0.6% 6,644,991.25
2024 9,576,915.33 Est @ 0.4% 6,206,165.35
2025 9,682,097.44 Est @ 1.1% 5,836,691.77
2026 9,835,829.93 Est @ 1.59% 5,515,792.71
2027 10,025,706.80 Est @ 1.93% 5,230,118.65
2028 10,243,297.00 Est @ 2.17% 4,970,910.25
Present value of next 10 years cash flows IDR72,875,580.29
OTCPK:PTAI.F DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2028 × (1 + g) ÷ (Discount Rate – g)
= IDR10,243,297.00 × (1 + 2.73%) ÷ (7.5% – 2.73%)
IDR220,699,224.16
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= IDR220,699,224.16 ÷ (1 + 7.5%)10
IDR107,101,847.80
OTCPK:PTAI.F Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= IDR72,875,580.29 + IDR107,101,847.80
IDR179,977,428.09
Equity Value per Share
(IDR)
= Total value / Shares Outstanding
= IDR179,977,428.09 / 40,483.55
IDR0.3
OTCPK:PTAI.F Discount to Share Price
Calculation Result
Non-primary Listing Adjustment Factor 1 share in OTCPK:PTAI.F represents 7.0E-5x of IDX:ASII
(This could be a different class, a depositary receipt, a different currency, or all of these things.)
7.0E-5x
Value per Share
(Listing Adjusted, USD)
= Value per Share (IDR) x Listing Adjustment Factor
= IDR 4,445.69 x 7.0E-5
$0.30
Value per share (USD) From above. $0.30
Current discount Discount to share price of $0.50
= -1 x ($0.50 - $0.30) / $0.30
-64.2%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

  • The current share price of Astra International is above its future cash flow value.
Often investors are willing to pay a premium for a company that has a high dividend or the potential for future growth.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Astra International's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Astra International's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
OTCPK:PTAI.F PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in IDR IDR535.35
IDX:ASII Share Price ** IDX (2019-03-19) in IDR IDR7300
United States of America Auto Industry PE Ratio Median Figure of 6 Publicly-Listed Auto Companies 10.26x
United States of America Market PE Ratio Median Figure of 3,056 Publicly-Listed Companies 17.77x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Astra International.

OTCPK:PTAI.F PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= IDX:ASII Share Price ÷ EPS (both in IDR)

= 7300 ÷ 535.35

13.64x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Astra International is overvalued based on earnings compared to the US Auto industry average.
  • Astra International is good value based on earnings compared to the United States of America market.
Price based on expected Growth
Does Astra International's expected growth come at a high price?
Raw Data
OTCPK:PTAI.F PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 13.64x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 20 Analysts
7.5%per year
United States of America Auto Industry PEG Ratio Median Figure of 6 Publicly-Listed Auto Companies 0.91x
United States of America Market PEG Ratio Median Figure of 2,107 Publicly-Listed Companies 1.49x

*Line of best fit is calculated by linear regression .

OTCPK:PTAI.F PEG (Price to Earnings to Growth) Ratio Calculation
Calculation Outcome
PEG Ratio

= PE Ratio ÷ Net Income Annual Growth Rate

= 13.64x ÷ 7.5%

1.81x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Astra International is poor value based on expected growth next year.
Price based on value of assets
What value do investors place on Astra International's assets?
Raw Data
OTCPK:PTAI.F PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in IDR IDR3,382.78
IDX:ASII Share Price * IDX (2019-03-19) in IDR IDR7300
United States of America Auto Industry PB Ratio Median Figure of 11 Publicly-Listed Auto Companies 3.21x
United States of America Market PB Ratio Median Figure of 5,154 Publicly-Listed Companies 1.89x
OTCPK:PTAI.F PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= IDX:ASII Share Price ÷ Book Value per Share (both in IDR)

= 7300 ÷ 3,382.78

2.16x

* Primary Listing of Astra International.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Astra International is good value based on assets compared to the US Auto industry average.
X
Value checks
We assess Astra International's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Auto industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Auto industry average (and greater than 0)? (1 check)
  5. Astra International has a total score of 2/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

PTAI.F Future Performance

 How is Astra International expected to perform in the next 1 to 3 years based on estimates from 20 analysts?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
7.5%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Astra International expected to grow at an attractive rate?
  • Astra International's earnings growth is expected to exceed the low risk savings rate of 2.7%.
Growth vs Market Checks
  • Astra International's earnings growth is positive but not above the United States of America market average.
  • Astra International's revenue growth is positive but not above the United States of America market average.
Annual Growth Rates Comparison
Raw Data
OTCPK:PTAI.F Future Growth Rates Data Sources
Data Point Source Value (per year)
OTCPK:PTAI.F Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 20 Analysts 7.5%
OTCPK:PTAI.F Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 20 Analysts 5.4%
United States of America Auto Industry Earnings Growth Rate Market Cap Weighted Average 22.9%
United States of America Auto Industry Revenue Growth Rate Market Cap Weighted Average 7%
United States of America Market Earnings Growth Rate Market Cap Weighted Average 14.3%
United States of America Market Revenue Growth Rate Market Cap Weighted Average 7.1%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
OTCPK:PTAI.F Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 20 Analyst Estimates (S&P Global) See Below
All numbers in IDR Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
OTCPK:PTAI.F Future Estimates Data
Date (Data in IDR Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2021-12-31 281,436,650 34,330,750 26,246,857 8
2020-12-31 265,743,828 32,417,685 26,100,772 20
2019-12-31 249,002,090 28,174,713 23,946,749 16
OTCPK:PTAI.F Past Financials Data
Date (Data in IDR Millions) Revenue Cash Flow Net Income *
2018-12-31 239,205,000 27,692,000 21,673,000
2018-09-30 230,713,000 29,958,000 21,795,000
2018-06-30 220,580,000 19,926,000 19,925,000
2018-03-31 213,099,000 24,406,000 18,783,000
2017-12-31 206,057,000 23,285,000 18,847,000
2017-09-30 199,015,000 20,373,000 18,038,000
2017-06-30 190,907,000 23,005,000 17,380,000
2017-03-31 187,977,000 17,728,000 17,122,000
2016-12-31 181,084,000 19,407,000 15,156,000
2016-09-30 178,313,000 21,835,000 13,744,000
2016-06-30 179,899,000 22,477,000 13,528,000
2016-03-31 180,896,000 23,605,000 13,584,000

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Astra International's earnings are expected to grow by 7.5% yearly, however this is not considered high growth (20% yearly).
  • Astra International's revenue is expected to grow by 5.4% yearly, however this is not considered high growth (20% yearly).
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
OTCPK:PTAI.F Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 20 Analyst Estimates (S&P Global) See Below

All data from Astra International Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

OTCPK:PTAI.F Future Estimates Data
Date (Data in IDR Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2021-12-31 652.25 709.80 596.22 6.00
2020-12-31 638.82 723.00 583.25 16.00
2019-12-31 590.20 626.01 559.90 13.00
OTCPK:PTAI.F Past Financials Data
Date (Data in IDR Millions) EPS *
2018-12-31 535.35
2018-09-30 538.36
2018-06-30 492.17
2018-03-31 463.96
2017-12-31 465.54
2017-09-30 445.56
2017-06-30 429.31
2017-03-31 422.93
2016-12-31 374.37
2016-09-30 339.49
2016-06-30 334.16
2016-03-31 335.54

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Astra International is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).
X
Future performance checks
We assess Astra International's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the United States of America market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United States of America market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Astra International has a total score of 1/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

PTAI.F Past Performance

  How has Astra International performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Astra International's growth in the last year to its industry (Auto).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Astra International's year on year earnings growth rate has been positive over the past 5 years.
  • Astra International's 1-year earnings growth exceeds its 5-year average (15% vs 0.7%)
  • Astra International's earnings growth has not exceeded the US Auto industry average in the past year (15% vs 19.7%).
Earnings and Revenue History
Astra International's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Astra International Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

OTCPK:PTAI.F Past Revenue, Cash Flow and Net Income Data
Date (Data in IDR Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-12-31 239,205,000.00 21,673,000.00 16,524,000.00
2018-09-30 230,713,000.00 21,795,000.00 15,284,000.00
2018-06-30 220,580,000.00 19,925,000.00 15,080,000.00
2018-03-31 213,099,000.00 18,783,000.00 15,081,000.00
2017-12-31 206,057,000.00 18,847,000.00 14,781,000.00
2017-09-30 199,015,000.00 18,038,000.00 13,900,000.00
2017-06-30 190,907,000.00 17,380,000.00 13,328,000.00
2017-03-31 187,977,000.00 17,122,000.00 12,899,000.00
2016-12-31 181,084,000.00 15,156,000.00 12,692,000.00
2016-09-30 178,313,000.00 13,744,000.00 12,700,000.00
2016-06-30 179,899,000.00 13,528,000.00 12,929,000.00
2016-03-31 180,896,000.00 13,584,000.00 13,184,000.00
2015-12-31 184,196,000.00 14,464,000.00 13,493,000.00
2015-09-30 189,296,000.00 16,689,000.00 13,300,000.00
2015-06-30 192,678,000.00 17,423,000.00 13,572,000.00
2015-03-31 197,067,000.00 18,456,000.00 13,502,000.00
2014-12-31 201,701,000.00 19,191,000.00 13,346,000.00
2014-09-30 202,622,000.00 20,452,000.00 13,556,000.00
2014-06-30 201,129,000.00 20,418,000.00 10,662,000.00
2014-03-31 197,023,000.00 19,834,000.00 12,700,000.00
2013-12-31 193,880,000.00 19,417,000.00 12,734,000.00
2013-09-30 186,755,000.00 18,214,000.00 12,317,000.00
2013-06-30 186,413,000.00 18,562,000.00 14,627,000.00
2013-03-31 188,378,000.00 19,084,000.00 12,231,000.00
2012-12-31 188,053,000.00 19,421,000.00 11,635,000.00
2012-09-30 186,172,000.00 19,015,000.00 11,527,000.00
2012-06-30 182,219,000.00 18,875,000.00 11,243,000.00
2012-03-31 170,224,000.00 18,129,000.00 10,588,000.00

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • Astra International has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Astra International used its assets less efficiently than the US Auto industry average last year based on Return on Assets.
  • Astra International has significantly improved its use of capital last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess Astra International's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Auto industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Astra International has a total score of 3/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

PTAI.F Health

 How is Astra International's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Astra International's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Astra International is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Astra International's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Astra International's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is covered by short term assets, assets are 1.6x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Astra International Company Filings, last reported 2 months ago.

OTCPK:PTAI.F Past Debt and Equity Data
Date (Data in IDR Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 174,363,000.00 85,914,000.00 25,784,000.00
2018-09-30 167,931,000.00 82,743,000.00 37,049,000.00
2018-06-30 161,880,000.00 80,804,000.00 26,699,000.00
2018-03-31 163,203,000.00 79,432,000.00 32,598,000.00
2017-12-31 156,505,000.00 74,978,000.00 31,879,000.00
2017-09-30 148,910,000.00 74,821,000.00 29,487,000.00
2017-06-30 145,516,000.00 78,191,000.00 32,410,000.00
2017-03-31 145,864,000.00 76,987,000.00 31,667,000.00
2016-12-31 139,906,000.00 70,910,000.00 30,256,000.00
2016-09-30 131,803,000.00 63,621,000.00 28,045,000.00
2016-06-30 129,997,000.00 71,347,000.00 29,861,000.00
2016-03-31 129,690,000.00 66,000,000.00 27,538,000.00
2015-12-31 126,533,000.00 70,649,000.00 27,586,000.00
2015-09-30 126,610,000.00 72,512,000.00 25,259,000.00
2015-06-30 123,631,000.00 69,695,000.00 20,401,000.00
2015-03-31 126,199,000.00 68,310,000.00 24,470,000.00
2014-12-31 120,187,000.00 70,072,000.00 21,179,000.00
2014-09-30 115,471,000.00 67,013,000.00 20,102,000.00
2014-06-30 112,793,000.00 63,488,000.00 17,397,000.00
2014-03-31 113,101,000.00 62,140,000.00 18,830,000.00
2013-12-31 106,188,000.00 64,523,000.00 18,819,000.00
2013-09-30 98,550,000.00 61,519,000.00 17,671,000.00
2013-06-30 95,537,000.00 59,832,000.00 14,772,000.00
2013-03-31 93,770,000.00 54,463,000.00 11,989,000.00
2012-12-31 89,814,000.00 56,757,000.00 11,227,000.00
2012-09-30 83,648,000.00 54,263,000.00 12,621,000.00
2012-06-30 80,729,000.00 53,352,000.00 13,656,000.00
2012-03-31 80,802,000.00 46,839,000.00 13,852,000.00
  • Astra International's level of debt (49.3%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has been reduced over the past 5 years (60.7% vs 49.3% today).
  • Debt is well covered by operating cash flow (32.2%, greater than 20% of total debt).
  • Interest payments on debt are well covered by earnings (EBIT is 15.3x coverage).
X
Financial health checks
We assess Astra International's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Astra International has a total score of 5/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

PTAI.F Dividends

 What is Astra International's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
2.53%
Current annual income from Astra International dividends. Estimated to be 3.61% next year.
If you bought $2,000 of Astra International shares you are expected to receive $51 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Astra International's pays a higher dividend yield than the bottom 25% of dividend payers in United States of America (1.44%).
  • Astra International's dividend is below the markets top 25% of dividend payers in United States of America (3.63%).
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
OTCPK:PTAI.F Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 20 Analyst Estimates (S&P Global) See Below
United States of America Auto Industry Average Dividend Yield Market Cap Weighted Average of 6 Stocks 4.1%
United States of America Market Average Dividend Yield Market Cap Weighted Average of 2004 Stocks 2.5%
United States of America Minimum Threshold Dividend Yield 10th Percentile 0.8%
United States of America Bottom 25% Dividend Yield 25th Percentile 1.4%
United States of America Top 25% Dividend Yield 75th Percentile 3.6%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

OTCPK:PTAI.F Future Dividends Estimate Data
Date (Data in IDR) Dividend per Share (annual) Avg. No. Analysts
2021-12-31 282.07 7.00
2020-12-31 273.94 20.00
2019-12-31 242.75 17.00
OTCPK:PTAI.F Past Annualized Dividends Data
Date (Data in IDR) Dividend per share (annual) Avg. Yield (%)
2018-07-25 185.000 2.416
2018-02-27 185.000 2.601
2017-07-27 168.000 2.069
2017-02-27 168.000 1.948
2016-07-28 177.000 2.196
2016-02-25 177.000 2.544
2015-07-30 216.000 3.500
2015-02-26 216.000 2.911
2014-07-24 216.000 2.977
2014-02-27 216.000 2.899
2013-07-29 216.000 3.335
2013-03-01 216.000 3.012
2013-02-28 216.000 2.692
2012-10-31 198.000 2.602
2012-05-02 198.000 2.803
2011-05-06 160.000 2.339
2010-10-28 130.000 2.440
2010-04-30 112.000 2.305
2009-04-29 87.000 2.878
2009-03-20 78.400 5.151

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Dividends per share have been volatile in the past 10 years (annual drop of over 20%).
  • Dividends per share have increased over the past 10 years.
Current Payout to shareholders
What portion of Astra International's earnings are paid to the shareholders as a dividend.
  • Dividends paid are well covered by earnings (2.8x coverage).
Future Payout to shareholders
  • Dividends after 3 years are expected to be well covered by earnings (2.4x coverage).
X
Income/ dividend checks
We assess Astra International's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.8%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Astra International afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Astra International has a total score of 4/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

PTAI.F Management

 What is the CEO of Astra International's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Prijono Sugiarto
AGE 58
TENURE AS CEO 9 years
CEO Bio

Mr. Prijono Sugiarto serves as the Chief Executive Officer at Astra Motor III - Non Toyota. Mr. Sugiarto serves as President Director at PT Astra Honda Motor. Mr. Sugiarto has been the President Director of Astra International tbk PT, a subsidiary of Jardine Cycle & Carriage Limited since March 1, 2010 and served as its acting President Director since January 2010. He joined Astra since 1990. He served as the Sales Engineering Manager at Daimler-Benz Indonesia. He has been the President Commissioner of PT United Tractors Tbk since May 2005. He served as the President Commissioner of PT Astra Agro Lestari Tbk since May 2010 until 2017 and its Commissioner until 2017. He served as the President Commissioner at Astra Otoparts tbk PT since 2008. He serves as the Vice President Commissioner of Astra Daihatsu Motor and Federal International Finance. He serves as a Vice Chairman of Gaikindo (The Indonesian Automotive Industry Association). He served as Vice President Commissioner of PT Federal International Finance since 2007 and as served as its Commissioner since 2001. He has been a Director of Astra of Jardine Cycle & Carriage Ltd. since May 2001 and Astra International tbk PT since May 2001, is responsible for Automotive Division III (BMW, Daihatsu, Isuzu, Nissan Diesel and Peugeot), Astra Honda Sales Operation and Heavy Equipment. He serves as a Director of Astra Motor IV - Astra Component and Director of Astra Motor I - Honda. He served as a Commissioner of PTP Pamapersada Nusantara, Pamapersada Nusantara and Astra Otoparts tbk PT. He serves as a Commissioner of Astra Agro Lestari tbk PT. Mr. Sugiarto served as a Commissioner of PT Astra Otoparts Tbk from 2003 to 2007 and PT Astra Sedaya Finance until 2014. He served as a Commissioner of PT Serasi Autoraya, until March 17, 2014. Mr. Sugiarto obtained his Diploma-Ingenieur in Automotive Engineering from the University of Applied Sciences Konstanz, Germany in 1984 and Diploma-Wirtschaftsingenieur in Business Administration from the University of Applied Sciences Bochum, Germany in 1986.

CEO Compensation
  • Insufficient data for Prijono to compare compensation growth.
  • Insufficient data for Prijono to establish whether their remuneration is reasonable compared to companies of similar size in United States of America.
Management Team Tenure

Average tenure and age of the Astra International management team in years:

4.9
Average Tenure
57
Average Age
  • The tenure for the Astra International management team is about average.
Management Team

Prijono Sugiarto

TITLE
President Director
AGE
58
TENURE
9 yrs

S. Okthory

TITLE
Chief of Corporate Finance & Accounting and Chief of Corporate Planning

Benny Halim

TITLE
Chief Information Officer
TENURE
4.2 yrs

Chiew Sin Cheok

TITLE
Chief of Corporate Investor Relations & Director
AGE
57

Pongki Pamungkas

TITLE
Chief of Corporate Communication

Meliza Rusli

TITLE
Chief of Corporate Development & Strategy
AGE
44

Aloysius Santoso

TITLE
Chief of Corporate Human Capital Development

Cornelius Nangoi

TITLE
Head of Group Internal Audit
TENURE
4.9 yrs

Yulian Warman

TITLE
Head of Public Relations

Yoke Seng Loh

TITLE
Chief of Group Audit & Risk Advisory
Board of Directors Tenure

Average tenure and age of the Astra International board of directors in years:

6.4
Average Tenure
57
Average Age
  • The tenure for the Astra International board of directors is about average.
Board of Directors

Chiew Sin Cheok

TITLE
Chief of Corporate Investor Relations & Director
AGE
57
TENURE
2.9 yrs

Johannes Loman

TITLE
Director
AGE
59
TENURE
7.8 yrs

Gidion Hasan

TITLE
Director
AGE
46
TENURE
2.9 yrs

Budi Setiadharma

TITLE
President Commissioner
AGE
74
TENURE
13.8 yrs

Prijono Sugiarto

TITLE
President Director
AGE
58
TENURE
9 yrs

Muhamad Basri

TITLE
Independent Commissioner
AGE
53
TENURE
3.9 yrs

Ben Keswick

TITLE
Commissioner
AGE
71
TENURE
11.8 yrs

Sri Hadiputranto

TITLE
Independent Commissioner
TENURE
1.3 yrs

Mark Spencer Greenberg

TITLE
Commissioner
AGE
49
TENURE
12.8 yrs

Suparno Djasmin

TITLE
Director
AGE
57
TENURE
4.9 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price ($) Value ($)
X
Management checks
We assess Astra International's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Astra International has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

PTAI.F News

Simply Wall St News

PTAI.F Company Info

Description

PT Astra International Tbk, together with its subsidiaries, engages in the automotive, financial services, heavy equipment and mining, agribusiness, infrastructure and logistics, information technology, and property businesses in Indonesia. The company offers cars, trucks, and motorcycles of various brands; manufactures and sells automotive components to the original equipment for manufacturers and replacement markets, as well as provides consultation services to its customers; financing for cars, motorcycles, and heavy equipment; general insurance; and various banking products and services. It also distributes heavy equipment products for the mining, plantation, construction, forestry, transportation, and material handling industries; provides coal mining contracting services; operates coal mines; and produces palm oil. In addition, the company is involved in the development and operation of toll roads; rental and leasing of vehicles; resale of used cars; and provision of public transportation services, and port and logistics facilities. Further, it offers various information technology business solutions based on document, information, and communication technology; and mobile financial platform services for the financial industry. Additionally, the company engages in the property investment, development, and management activities. The company was founded in 1957 and is headquartered in North Jakarta, Indonesia. PT Astra International Tbk is a subsidiary of Jardine Cycle & Carriage Ltd.

Details
Name: PT Astra International Tbk
PTAI.F
Exchange: OTCPK
Founded: 1957
IDR20,833,975,180
40,483,553,140
Website: http://www.astra.co.id
Address: PT Astra International Tbk
Jln. Gaya Motor Raya No. 8,
Sunter II,
North Jakarta,
Jakarta Raya, 14330,
Indonesia
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
IDX ASII Ordinary Shares Indonesia Stock Exchange ID IDR 05. Apr 1990
OTCPK PTAI.F Ordinary Shares Pink Sheets LLC US USD 05. Apr 1990
DB ASJA Ordinary Shares Deutsche Boerse AG DE EUR 05. Apr 1990
OTCPK PTAI.Y UNSPONSORD ADR Pink Sheets LLC US USD 17. Feb 2009
Number of employees
Current staff
Staff numbers
150,705
Astra International employees.
Industry
Automobile Manufacturers
Automobiles
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/03/19 23:49
End of day share price update: 2019/03/19 00:00
Last estimates confirmation: 2019/03/19
Last earnings filing: 2019/02/26
Last earnings reported: 2018/12/31
Last annual earnings reported: 2018/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.