PT Industri dan Perdagangan Bintraco Dharma Tbk

cars

Overview

CARS Overview

PT Industri dan Perdagangan Bintraco Dharma Tbk is an Indonesia-based company that is engaged in the trading business, authorized dealerships, services including financing services related to motor vehicles, spare parts distribution, repair services and trading activities as well as electronic system management services. The Company segments include Automotive, Financing and Aftersales. The Automotive segment provides sales and after-sales services for new cars through 24 marketing branch offices and official workshops, Nasmoco Toyota. The Financing segment provides motor vehicle financing services for corporations and individuals. The Aftersales segment has over 32 modern CARfix workshop outlets. Its vehicle distribution and repair services business activities include spare parts trading and distribution activities through, its subsidiary, PT Meka Adipratama and general workshop business and vehicle repair services with the partnership concept through PT Global Carfix Indonesia.

2468101214ValueCompetitiveFutureFinancialsDividend
Exchange
Indonesia Stock Exchange

Symbol: CARS

Main
Market Cap.
IDR 1.47Trillion

~$93.56M USD

Industry
Specialty Retail
Sub-Industry
Automotive Retail
Sector
Consumer Cyclicals
Sub-Sector

Valuation

CARS Valuation Metrics

98

IDR

Closing Price on 2024-04-05

Price to Equity

8.74

P/E

At 8.74x P/E TTM, CARS.JK is trading at a discount to its peers in the Retailing sector.

Price to Book

2.70

P/B

At 2.70x P/B TTM, CARS.JK is trading at a premium to its peers in the Retailing sector (avg 0.9x).

Price to Sales

0.24

P/S

At 0.24x P/S TTM, CARS.JK is trading at a discount to its peers in the Retailing sector.

Valuing PT Industri dan Perdagangan Bintraco Dharma Tbk based on its trailing twelve months (TTM) valuation metrics against its peers in the Retailing sector

Historical Price to Earnings

Other Valuation Metrics

Valuing PT Industri dan Perdagangan Bintraco Dharma Tbk relative to other stocks in the Retailing sector

Price/Cash Flow
2.75x
Price/Forward Earnings
-
Enterprise Value/Revenue
0.50x
Enterprise Value/EBITDA
8.06x
PEG Ratio
1.08x

Analyst Ratings

No analyst ratings available yet.

Valuation Recap of CARS stock
WeightNotesScore
High
The P/E ratio is calculated by dividing the market price of a company's stock by its earnings per share (EPS). It is a key tool for investors and analysts to assess whether a stock is overvalued, undervalued, or fairly valued. A P/E ratio of 8.74x is above the ID market average of 8.22x and is trading at a discount to peers in the Retailing sector (14.28x).
Max 3
High
The P/B ratio is calculated by dividing the market price of a company's stock by its book value per share (BVPS). It measures the company's stock value relative to its assets minus liabilities. A P/B ratio of 2.70x is above the peers average of 0.92x in the Retailing sector. CARS trades at a higher P/B ratio than >75% of its peers in the Retailing sector.
Max 3
Medium
The P/S ratio is calculated by dividing the market price of a company's stock by its sales per share. It measures the company's stock value relative to its sales. A P/S ratio of 0.24x is similar to the peers average of 0.52x in the Retailing sector. When considered alongside the Forward Price/Earnings ratio, they serve to illustrate investors' expectations of CARS's valuation relative to its current sales and future earnings growth.
Max 2
Low
The Price/Cash Flow ratio (P/CF) is calculated by dividing the market price of a company's stock by its cash flow per share. It measures the company's stock value relative to its cash flow, and is sometimes said to be a more objective measure of a company's value because cash flows cannot be manipulated as easily as earnings, which considers non-cash items such as depreciation and amortization. CARS's P/CF ratio of 2.75x is considered healthy by analysts.●●
Max 2
Low
The Enterprise Value/Revenue ratio (EV/R) is calculated by dividing the enterprise value of a company by its revenue. It measures the company's enterprise value relative to its revenue. It is an indicator of how much it costs to buy the company's revenue; the lower the ratio, the cheaper the company's revenue. CARS's EV/R ratio of 0.50x is considered extremely underpriced by the market The average EV/R ratio for the Retailing sector is 1.21x. ●●●
Max 3

Peers

CARS Peers and Comparison

Peer Companies

Supertype Fuzzy Search
SymbolCompany Name
Market Cap
(in Trillion IDR)
Total Assets
(in Trillion IDR)
Total Revenue
(in Trillion IDR)
Profit and Loss
(in Trillion IDR)
P/E
P/B
MASAMultistrada Arah Sarana Tbk54.91T7.51T 7.08T 0.87T 62.989.41
FILMPT MD Pictures Tbk.45.84T1.71T 0.35T 0.09T 495.5928.31
MSINPT MNC Digital Entertainment Tbk35.19T6.80T 2.97T 0.21T 171.186.14
MAPIMitra Adiperkasa Tbk31.26T24.58T 32.43T 2.10T 14.873.27
MAPAPT MAP Aktif Adiperkasa Tbk.28.93T9.24T 12.56T 1.41T 20.545.44
CNMAPT Nusantara Sejahtera Raya Tbk19.84T7.08T 0.88T -0.02T -811.294.46
ACESAce Hardware Indonesia Tbk16.26T7.43T 7.36T 0.80T 20.372.78
SMSMSelamat Sempurna Tbk11.20T4.52T 5.01T 0.90T 12.393.57
TRIOTrikomsel Oke Tbk11.08T0.09T 0.68T -0.11T -99.53-3.05
ERAAErajaya Swasembada Tbk7.07T21.56T 57.35T 0.83T 8.551.02
Competitiveness Recap of CARS stock
WeightNotesScore
High
At a market cap of IDR 1,470.00 billion, CARS.JK ranks 10 in Market Cap out of 10 companies in the Consumer Cyclicals sector.
Max 2
High
At a PE of 8.74, CARS.JK ranks 8 out of 10 companies in the Consumer Cyclicals sector for P/E value. The average PE is -10.42 (unadjusted). A high P/E ratio often indicates higher growth expectation, or other qualitative factors that led investors to believe that the company has a defensible competitive advantage compared to its peers in Consumer Cyclicals. In this regard, it trails behind sector leaders such as PT MD Pictures Tbk. (495.59) in the Consumer Cyclicals sector.
Max 2
Medium
At a PE of 8.74, CARS.JK is trading at a lower PE than that of its subsector peers in Retailing (median of 14.28). A lower P/E value presents a potential value opportunity, but it might also indicate that the company is facing headwinds in its business.
Max 2
Medium
At a revenue of IDR 6.12 trillion, CARS.JK ranks 5 in Revenue out of 10 companies in the Consumer Cyclicals sector.
Max 2
Medium
At a profit of IDR 0.17 trillion, CARS.JK ranks 7 in Profit out of 10 companies in the Consumer Cyclicals sector.
Max 2

Future

Future Growth of CARS

Growth Forecasts

No data available

Sector Benchmark

Retailing companies in Indonesia are growing at a projected rate of 25.19% against the IDX average of +12.0%.

Retailing sector overview
No data is available for CARS at the moment.
Future growth prospect of CARS
WeightNotesScore
High
CARS's projected growth rate of 25.19% is above the ID market average of 11.98%.●●●
Max 3
High
The Retailing sub-sector is projected to grow revenue by 35.59% in 2024. This number is higher than the previous year 2023's growth rate of 16.44%. This bodes well for CARS's revenue growth prospects in the next 2 years. ●●●
Max 3
Medium
The Retailing sub-sector is projected to increase earnings by 22.09% in 2024. This number is higher than the previous year 2023's EPS growth of 5.73%. This bodes well for CARS's earnings growth prospects in the next 2 years. ●●●
Max 3
Medium
CARS and its peers in the Retailing sub-sector belongs to the Consumer Cyclicals sector. Companies in the Consumer Cyclicals sector are projected to have a fruitful year heading into 2024. Specifically, earnings are projected to increase by 21.68% in 2024 while revenue growth is projected to increase by 33.11%. These macroeconomic trends will likely be a tailwind for CARS's earnings growth prospects in the next 2 years. ●●●
Max 3
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Management

Executive Management

President Director

Benny Redjo Setyono15.2 years
Hartono Dinata
Director
NamePositionShares%
Benny Redjo SetyonoPresident Director10,958,0470.07
Hartono DinataDirector1,049,130< 0.01
Paulus Totok LusidaPresident Commissioner850,000,0005.67
Expressed in millions IDR, unless otherwise stated

Ownership

CARS Ownership

Others
79.68%
Insiders
20.32%
Institutions
0%
NameNumber of SharesOwnership (%)Value
Public (Scripless)12,738,320,40384.921,248.36B
Bnym S/A Weiser Asset Management Ltd - 20399259101,399,672,4209.33137.17B
Paulus Totok Lusida850,000,0005.6783.30B
Benny Redjo Setyono10,958,0470.071.07B
Hartono Dinata1,049,1300.010.10B
No data is available for CARS at the moment.