Kobexindo Tractors Tbk

kobx

Overview

KOBX Overview

PT Kobexindo Tractors Tbk is an Indonesia-based company, which is mainly engaged in the sales and distribution of heavy equipment, including selling spare parts and service of heavy equipment. The Company operates through four segments: Heavy Equipment, Spare part, Repair and Maintenance, and Others. The Company’s products and services include mining, material handling and logistics solutions, environmental solutions, and construction and agriculture. The Company provides equipment and machinery with a full maintenance program for mining activities in various industrial areas with potential product. It provides preventive and periodic maintenance service using genuine spare parts, also guaranteeing the long-term capability and availability of the machines. It operates its product support center in Lemah Abang, Bekasi, West Java, which includes workshops, warehouses, and training centers within an area of 35,000 square meters.

24681012ValueCompetitiveFutureFinancialsDividend
Exchange
Indonesia Stock Exchange

Symbol: KOBX

Main
Market Cap.
IDR 318.15Billion

~$20.25M USD

Industry
Machinery
Sub-Industry
Construction Machinery & Heavy Vehicles
Sector
Industrials

Valuation

KOBX Valuation Metrics

140

IDR

Closing Price on 2024-04-05

Price to Equity

-10.57

P/E

At -10.57x P/E TTM, KOBX.JK is trading at a discount to its peers in the Industrial Goods sector.

Price to Book

0.64

P/B

At 0.64x P/B TTM, KOBX.JK is trading in line with its peers in the Industrial Goods sector.

Price to Sales

0.15

P/S

At 0.15x P/S TTM, KOBX.JK is trading at a discount to its peers in the Industrial Goods sector.

Valuing Kobexindo Tractors Tbk based on its trailing twelve months (TTM) valuation metrics against its peers in the Industrial Goods sector

Historical Price to Earnings

Other Valuation Metrics

Valuing Kobexindo Tractors Tbk relative to other stocks in the Industrial Goods sector

Price/Cash Flow
-0.47x
Price/Forward Earnings
-
Enterprise Value/Revenue
0.54x
Enterprise Value/EBITDA
8.29x
PEG Ratio
0.03x

Analyst Ratings

No analyst ratings available yet.

Last closing: IDR1402024-04-05
IDR 35.28

Considerably Lower Intrinsic Value: Analyst's intrinsic value is of KOBX is IDR35, which is 74% lower than KOBX's last closing price of IDR140 (as of 2024-04-05).

Valuation Recap of KOBX 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 -10.57x is below the ID market average of 8.22x and is trading at a discount to peers in the Industrial Goods sector (8.04x). In fact, less than 25% of its peers trade at a lower P/E ratio than KOBX.●●●
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 0.64x is similar to the peers average of 0.67x in the Industrial Goods 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 0.15x is similar to the peers average of 0.64x in the Industrial Goods sector. When considered alongside the Forward Price/Earnings ratio, they serve to illustrate investors' expectations of KOBX'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. KOBX's P/CF ratio of -0.47x 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. KOBX's EV/R ratio of 0.54x is considered extremely underpriced by the market The average EV/R ratio for the Industrial Goods sector is 1.04x. ●●●
Max 3
Medium
Considerably Lower Intrinsic Value: Analyst's intrinsic value is of KOBX is IDR 35.28, which is 74% lower than KOBX's last closing price of IDR 140.00.
Max 3

Peers

KOBX 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
ASIIAstra International Tbk213.55T442.98T 320.94T 31.31T 6.821.12
UNTRUnited Tractors Tbk91.70T153.14T 129.67T 20.49T 4.481.23
IMPCPT Impack Pratama Industri Tbk20.40T3.44T 2.87T 0.44T 46.179.35
BNBRBakrie & Brothers Tbk8.00T20.10T 4.37T 0.27T 29.913.86
ARNAArwana Citramulia Tbk5.39T2.58T 2.43T 0.47T 11.463.07
HEXAHexindo Adiperkasa Tbk5.25T6.93T 10.44T 0.91T 5.752.18
BHITPT MNC Asia Holding Tbk4.18T70.97T 18.39T 0.64T 6.520.24
MARKPT Mark Dynamics Indonesia Tbk.3.39T0.92T 0.49T 0.12T 27.324.21
SKRNPT Superkrane Mitra Utama Tbk2.75T3.13T 0.94T 0.17T 15.702.94
MLIAMulia Industrindo Tbk2.66T6.80T 4.79T 0.58T 4.610.56
Competitiveness Recap of KOBX stock
WeightNotesScore
High
At a market cap of IDR 318.15 billion, KOBX.JK ranks 10 in Market Cap out of 10 companies in the Industrials sector.
Max 2
High
At a PE of -10.57, KOBX.JK ranks 10 out of 10 companies in the Industrials sector for P/E value. The average PE is 14.36 (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 Industrials. In this regard, it trails behind sector leaders such as PT Impack Pratama Industri Tbk (46.17) in the Industrials sector.
Max 2
Medium
At a PE of -10.57, KOBX.JK is trading at a lower PE than that of its subsector peers in Industrial Goods (median of 8.04). 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 2.11 trillion, KOBX.JK ranks 8 in Revenue out of 10 companies in the Industrials sector.
Max 2
Medium
At a profit of -IDR 0.03 trillion, KOBX.JK ranks 10 in Profit out of 10 companies in the Industrials sector.
Max 2

Future

Future Growth of KOBX

Growth Forecasts

No data available

Sector Benchmark

Industrial Goods companies in Indonesia are shrinking at a projected rate of -3.82% against the IDX average of +12.0%.

Industrial Goods sector overview
No data is available for KOBX at the moment.
Future growth prospect of KOBX
WeightNotesScore
High
KOBX's projected growth rate of -3.82% is below the ID market average of 11.98%.●●●
Max 3
High
The Industrial Goods sub-sector is projected to shrink revenue by -4.05% in 2024. This number is lower than the previous year 2023's growth rate of 1.64%. false
Max 3
Medium
The Industrial Goods sub-sector is projected to decrease earnings by -15.66% in 2024. This number is lower than the previous year 2023's EPS growth of -3.86%. false
Max 3
Medium
KOBX and its peers in the Industrial Goods sub-sector belongs to the Industrials sector. Companies in the Industrials sector are projected to have a challenging year heading into 2024. Specifically, earnings are projected to increase by 2.83% in 2024 while revenue growth is projected to increase by 2.96%. These macroeconomic trends will likely be a headwind for KOBX's earnings growth prospects in the next 2 years.
Max 3
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Management

Executive Management

President Director

Andry Budiman Limawan15.2 years
Martio
Director
Almuqri Sagitri Putra
Director
Bonifasius Suryowirawan
Director
Wiwit Hadi Suwito
Director
NamePositionShares%
No data is available for KOBX at the moment.
Expressed in millions IDR, unless otherwise stated

Ownership

KOBX Ownership

Others
9.67%
Insiders
90.33%
Institutions
0%
NameNumber of SharesOwnership (%)Value
Pt Kobexindo Investama2,032,714,70089.45284.58B
Public (Scripless)239,785,30010.5533.57B
No data is available for KOBX at the moment.