United Tractors Tbk PT
IDX:UNTR
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EV/S
Enterprise Value to Sales (EV/S) ratio compares a company`s total enterprise value to its revenue. It shows how much investors are paying for each dollar of the company`s sales, including both equity and debt.
Enterprise Value to Sales (EV/S) ratio compares a company`s total enterprise value to its revenue. It shows how much investors are paying for each dollar of the company`s sales, including both equity and debt.
Valuation Scenarios
If EV/S returns to its 3-Year Average (0.6), the stock would be worth Rp27 981.28 (12% downside from current price).
| Scenario | EV/S Value | Implied Price | Upside/Downside |
|---|---|---|---|
| Current Multiple | 0.7 | Rp31 875 |
0%
|
| 3-Year Average | 0.6 | Rp27 981.28 |
-12%
|
| 5-Year Average | 0.7 | Rp29 126.18 |
-9%
|
| Industry Average | 0 | Rp13.15 |
-100%
|
| Country Average | 1.5 | Rp64 909.19 |
+104%
|
Forward EV/S
Today’s price vs future revenue
| Today's Enterprise Value | Revenue | Forward EV/S | ||
|---|---|---|---|---|
|
Rp84.2T
|
/ |
Jan 2026
Rp131.3T
|
= |
|
|
Rp84.2T
|
/ |
Dec 2026
Rp130.4T
|
= |
|
|
Rp84.2T
|
/ |
Dec 2027
Rp135.2T
|
= |
|
|
Rp84.2T
|
/ |
Dec 2028
Rp136.6T
|
= |
|
Forward EV/S shows whether today’s EV/S still looks high or low once future revenue are taken into account.
Peer Comparison
| Market Cap | EV/S | P/E | ||||
|---|---|---|---|---|---|---|
| ID |
|
United Tractors Tbk PT
IDX:UNTR
|
116.1T IDR | 0.7 | 7.7 | |
| ID |
|
Alamtri Resources Indonesia Tbk PT
F:A640
|
161.3B EUR | 99.2 | 417 | |
| CN |
|
China Shenhua Energy Co Ltd
SSE:601088
|
933.4B CNY | 3.3 | 17.7 | |
| ZA |
E
|
Exxaro Resources Ltd
JSE:EXX
|
72B ZAR | 1.4 | 9.5 | |
| CA |
C
|
Cameco Corp
NYSE:CCJ
|
53.2B USD | 20.7 | 122.6 | |
| CN |
|
Shaanxi Coal Industry Co Ltd
SSE:601225
|
253.2B CNY | 1.4 | 11.1 | |
| CN |
|
China Coal Energy Co Ltd
SSE:601898
|
233.4B CNY | 1.7 | 13 | |
| CN |
|
Yankuang Energy Group Co Ltd
SSE:600188
|
206.3B CNY | 2.1 | 24.6 | |
| IN |
|
Coal India Ltd
NSE:COALINDIA
|
2.8T INR | 1.8 | 9.4 | |
| ID |
|
Bayan Resources Tbk PT
IDX:BYAN
|
405T IDR | 6.8 | 31.6 | |
| ID |
|
Dian Swastatika Sentosa Tbk PT
IDX:DSSA
|
393T IDR | 8.5 | 99.4 |
Market Distribution
| Min | 0 |
| 30th Percentile | 0.6 |
| Median | 1.5 |
| 70th Percentile | 3.3 |
| Max | 414 768.4 |
Other Multiples
United Tractors Tbk PT
Glance View
United Tractors Tbk PT, a pillar in Indonesia's industrial and infrastructure sectors, has carved its legacy as more than just a distributor of heavy equipment. Rooted in the rich economic landscape of Indonesia, United Tractors initially gained momentum as an exclusive distributor for renowned international heavy equipment brands, supplying machinery that fuels the nation’s mining, construction, and forestry activities. This distribution is a cornerstone of its business model; however, the company's scope transcends mere machinery sales. By diversifying into complementary sectors such as mining contracting, coal mining, and construction, it weaves a complex web that is interlinked yet diversified, allowing it to leverage synergies across various segments and stabilize revenue streams even amidst cyclical downturns in the heavy equipment market. The company's evolution epitomizes strategic expansion. Through its mining contracting arm, PT Pamapersada Nusantara, United Tractors has entrenched itself deeply into Indonesia's vast coal mining reserves, executing contract mining services that encompass everything from site management to material hauling. This vertical integration into coal mining itself, via subsidiaries, not only secures a direct supply of commodities but also enables it to capture more value along the production chain. Moreover, the nascent drive into the construction sector and renewable energy sources symbolizes its ambition to adapt to global sustainability trends. By embracing such a multifaceted approach, United Tractors ensures its role as a backbone of Indonesia's industrial growth, capturing opportunities from the fluctuating landscapes of emerging markets.