Tira Austenite Tbk

tira

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

Watchlist
Market Cap.
IDR 236.38Billion

~$14.91M USD

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

Valuation

TIRA Valuation Metrics

402

IDR

Closing Price on 2024-04-05

Price to Equity

302.27

P/E

At 302.27x P/E TTM, TIRA.JK is trading at a premium to its peers in the Industrial Services sector (avg 9.4x).

Price to Book

1.38

P/B

At 1.38x P/B TTM, TIRA.JK is trading at a premium to its peers in the Industrial Services sector (avg 0.8x).

Price to Sales

0.88

P/S

At 0.88x 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 Flow
9.96x
Price/Forward Earnings
-
Enterprise Value/Revenue
1.19x
Enterprise Value/EBITDA
21.30x
PEG Ratio
1.88x

Analyst Ratings

No analyst ratings available yet.

Last closing: IDR4022024-04-05
IDR 16.09

Considerably Lower Intrinsic Value: Analyst's intrinsic value is of TIRA is IDR16, which is 95% lower than TIRA's last closing price of IDR402 (as of 2024-04-05).

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 302.27x is above the ID market average of 8.22x and is trading at a premium to peers in the Industrial Services sector (9.37x). In fact, less than 25% of its peers trade at a higher P/E ratio than TIRA.
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 1.38x is above the peers average of 0.82x in the Industrial Services 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 0.88x is similar to the peers average of 0.81x 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.
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. TIRA's P/CF ratio of 9.96x 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. TIRA's EV/R ratio of 1.19x is considered extremely underpriced by the market The average EV/R ratio for the Industrial Services sector is 0.67x. ●●
Max 3
Medium
Considerably Lower Intrinsic Value: Analyst's intrinsic value is of TIRA is IDR 16.09, which is 95% lower than TIRA's last closing price of IDR 402.00.
Max 3

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 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
JTPEJasuindo Tiga Perkasa Tbk2.00T1.91T 2.21T 0.22T 9.041.93
Competitiveness Recap of TIRA stock
WeightNotesScore
High
At a market cap of IDR 236.38 billion, TIRA.JK ranks 10 in Market Cap out of 10 companies in the Industrials sector.
Max 2
High
At a PE of 302.27, TIRA.JK ranks 1 out of 10 companies in the Industrials sector for P/E value. The average PE is 45.64 (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●●
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Medium
At a PE of 302.27, TIRA.JK is trading at a higher PE than that of its subsector peers in Industrial Services (median of 9.37). false●●
Max 2
Medium
At a revenue of IDR 0.27 trillion, TIRA.JK ranks 10 in Revenue out of 10 companies in the Industrials sector.
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Medium
At a profit of IDR 0.00 trillion, TIRA.JK ranks 10 in Profit out of 10 companies in the Industrials sector.
Max 2

Future

Future Growth of TIRA

Growth Forecasts

No data available

Sector Benchmark

Industrial Services companies in Indonesia are shrinking at a projected rate of 0.00% against the IDX average of +12.0%.

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 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 TIRA's earnings growth prospects in the next 2 years.
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Management

Executive Management

President Director

Selo Winardi15.2 years
Soeseno Adi
Director
Doktor Agus Hasan Sulistiono Reksoprodjo
Director
NamePositionShares%
No data is available for TIRA at the moment.
Expressed in millions IDR, unless otherwise stated

Ownership

TIRA Ownership

Others
14.23%
Insiders
85.77%
Institutions
0%
NameNumber of SharesOwnership (%)Value
Pt Widjajatunggal Sejahtera259,426,34044.12104.29B
Pt. Martensite Unggul247,879,66042.1699.65B
Other Public80,694,00013.7232.44B
No data is available for TIRA at the moment.