Added to YB: 2025-04-03
Pitch date: 2025-04-01
ASSA.JK [neutral]
PT Adi Sarana Armada Tbk
+35.68%
current return
Author Info
Asian Century Stocks is a former buy-side investor in Asia that now focuses on researching value stocks in Asia and sharing them in his newsletter. Visit the website.
Company Info
PT Adi Sarana Armada Tbk provides corporate car rental and transportation solutions, logistics, driver services, automotive auction, car sharing, online vehicle trading, and parcel delivery services in Indonesia.
Market Cap
IDR 2.0T
Pitch Price
IDR 445.90
Price Target
1.3K (+115%)
Dividend
N/A
EV/EBITDA
4.14
P/E
8.03
EV/Sales
1.24
Sector
Ground Transportation
Category
value
Travel notes: Pattaya - Adi Sarana Armada
ASSA.JK (overview - undervalued): Auto conglomerate w/ 30k vehicle fleet, logistics, & leading used car auction. CEO ex-Astra, owns 9.3%. Fleet hit by election & rates, logistics now profitable, auction +40% profit. 5.3x fwd P/E, 40% EPS growth. IDR 1,300 SOTP. Risk: FDI slowdown under Prabowo. Quality biz at cheap valuation.
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