Tira Austenite Tbk

Overview

TIRA Overview

PT Tira Austenite Tbk is an Indonesia-based company, which is engaged in manufacturing sector, gas industry and entering foundry. The Company’s segments include trading and distribution of technical products, welding and molding, and distribution of industrial gases. Its divisions include steel, gas, and manufacturing. The steel division includes wear resistance steel, stainless steel, machinery steel, Tool Steel dan Tira Engineering Parts & Services (TEPS). The gas division includes medical gases, industrial gases, and specialty gases dan services. the manufacturing division includes nonferrous products, bronze products dan zinc, and alloy products. Its special steel division of PT Tira Austenite Tbk which focuses on selling engineering products imported from abroad such as various types of special steel and also through engineering can supply the needs of finished goods in the form of engineering parts.

246810ValueCompetitiveFutureFinancialsDividend
Exchange
Indonesia Stock Exchange

Symbol: TIRA

Development
Market Cap.
IDR 201.10Billion

~$12.35M USD

Industry
Diversified Industrial Trading
Sub-Industry
Diversified Industrial Trading
Sector
Industrials

Valuation

TIRA Valuation Metrics

342

IDR
-4.5%

Closing Price on 2024-07-19

Price to Equity

257.16

P/E

At 257.16x P/E TTM, TIRA.JK is trading at a premium to its peers in the Industrial Services sector (avg 9.9x).

Price to Book

1.17

P/B

At 1.17x P/B TTM, TIRA.JK is trading at a premium to its peers in the Industrial Services sector (avg 0.8x).

Price to Sales

0.75

P/S

At 0.75x P/S TTM, TIRA.JK is trading in line with its peers in the Industrial Services sector.

Valuing Tira Austenite Tbk based on its trailing twelve months (TTM) valuation metrics against its peers in the Industrial Services sector

Historical Price to Earnings

Other Valuation Metrics

Valuing Tira Austenite Tbk relative to other stocks in the Industrial Services sector

Price/Cash Flow8.47x
Price/Forward Earnings-
Enterprise Value/Revenue1.06x
Enterprise Value/EBITDA18.94x
PEG Ratio-

Intrinsic Value

Last closing: IDR3422024-07-19
IDR 16.68

Considerably Lower Intrinsic Value: Analyst's intrinsic value is of TIRA is IDR17, which is 94% lower than TIRA's last closing price of IDR342 (as of 2024-07-19).

Valuation Recap of TIRA 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 257.16x is above the ID market average of 8.44x and is trading at a premium to peers in the Industrial Services sector (9.92x). In fact, less than 25% of its peers trade at a higher P/E ratio than TIRA.

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 1.17x is similar to the peers average of 0.84x in the Industrial Services sector.

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 0.75x is similar to the peers average of 0.82x in the Industrial Services sector. When considered alongside the Forward Price/Earnings ratio, they serve to illustrate investors' expectations of TIRA's valuation relative to its current sales and future earnings growth.

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. TIRA's P/CF ratio of 8.47x is considered healthy by analysts.

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. TIRA's EV/R ratio of 1.06x is considered extremely underpriced by the market. The average EV/R ratio for the Industrial Services sector is 0.67x.

Medium
Considerably Lower Intrinsic Value: Analyst's intrinsic value is of TIRA is IDR 16.68, which is 94% lower than TIRA's last closing price of IDR 342.00.

Peers

TIRA 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 Tbk183.39T460.03T 314.79T 32.58T 5.630.89
UNTRUnited Tractors Tbk88.43T161.43T 126.11T 19.84T 4.461.04
IMPCPT Impack Pratama Industri Tbk18.99T3.78T 2.86T 0.46T 41.447.85
HEXAHexindo Adiperkasa Tbk5.61T6.51T 9.73T 0.89T 6.331.97
ARNAArwana Citramulia Tbk5.17T2.69T 2.42T 0.40T 12.783.24
BNBRBakrie & Brothers Tbk4.00T6.99T 3.78T 0.22T 18.141.80
BHITPT MNC Asia Holding Tbk3.68T71.56T 15.04T 0.22T 16.700.21
MARKPT Mark Dynamics Indonesia Tbk.3.38T1.04T 0.64T 0.20T 17.103.72
MLIAMulia Industrindo Tbk2.54T6.98T 4.59T 0.53T 4.800.50
JTPEJasuindo Tiga Perkasa Tbk1.89T1.81T 1.92T 0.19T 10.181.81
Competitiveness Recap of TIRA stock
WeightNotesScore
High
At a market cap of IDR 201.10 billion, TIRA.JK ranks 10 in Market Cap out of 10 companies in the Industrials sector.

High
At a PE of 257.16, TIRA.JK ranks 1 out of 10 companies in the Industrials sector for P/E value. The average PE is 38.45 (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. false

Medium
At a PE of 257.16, TIRA.JK is trading at a higher PE than that of its subsector peers in Industrial Services (median of 9.92). false

Medium
At a revenue of IDR 0.27 trillion, TIRA.JK ranks 10 in Revenue out of 10 companies in the Industrials sector.

Medium
At a profit of IDR 0.00 trillion, TIRA.JK ranks 10 in Profit out of 10 companies in the Industrials sector.

Future

Future Growth of TIRA

Growth Forecasts

Analyst Ratings

No analyst ratings available yet.

Sector Benchmark

Industrial Services companies in Indonesia are shrinking at a projected rate of 0.00% against the IDX average of +13.8%.

Industrial Services sector overview
No data is available for TIRA at the moment.
Future growth prospect of TIRA
WeightNotesScore
Medium
TIRA and its peers in the Industrial Services sub-sector belongs to the Industrials sector. Companies in the Industrials sector are projected to have a challenging year heading into 2025. Specifically, earnings are projected to decrease by -10.41% in 2025 while revenue growth is projected to decrease by -4.79%. These macroeconomic trends will likely be a tailwind for TIRA's earnings growth prospects in the next 2 years.

Technical

Daily Technical Ratings of TIRA

Oscillators

Buy

Sell

0

Neutral

9

Buy

2

Summary

Sell

Sell

13

Neutral

10

Buy

3

Moving Averages

Strong Sell

Sell

13

Neutral

1

Buy

1

Summary

Technical Ratings of TIRA
IndicatorSummarySellNeutralBuy
SummarySell13103
OscillatorsBuy092
Moving AveragesStrong Sell1311

Last Update: 2024-07-19

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Management

Executive Management

President Director

Selo Winardi15.2 years
Soeseno AdiDirector
Totok IndratnoDirector
NamePositionShares%Stock Value
(in Billion IDR)
No data is available for TIRA at the moment.

Ownership

TIRA Ownership

NameNumber of SharesOwnership (%)Value
Pt Widjajatunggal Sejahtera259,426,34044.1288.72B
Pt. Martensite Unggul223,091,69437.9476.30B
Public (Scripless)104,093,96617.735.60B
Public (Scrip)1,388,0000.240.47B

TIRA Filings

No noteworthy filings to report on

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