Astra International (ASII) Earnings Impacted as November Domestic Auto Sales Decline

Astra International on Smartkarma

Analyst coverage of Astra International on Smartkarma by Angus Mackintosh shows a positive outlook for the company across various sectors. In the report titled “HEVs, Finance, Healthcare, and Gold,” Astra International is highlighted for its solid 9M2024 results, with a focus on investing in growth areas like autos, financing, and heavy equipment. Despite facing new competitors in the auto market, Astra International‘s hybrid offerings have helped it gain market share, leading to a high conviction Buy recommendation.

Another report by Angus Mackintosh, “Digging in Against the BEV Threat,” emphasizes Astra International‘s strategic position to counter the challenges posed by incoming EV players in Indonesia. With a market share of 57% YTD and a focus on developing new HEV products, Astra International remains resilient in the face of evolving market dynamics. The company’s attractive valuations and ongoing investments in the ecosystem further support its growth prospects, making it a favorable candidate for investors.

A look at Astra International Smart Scores

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

Based on the Smartkarma Smart Scores, Astra International is showing a positive long-term outlook. With strong scores in Dividend and Growth at the top end of the scale, the company is performing well in terms of rewarding shareholders and showing potential for future expansion. Its high Value score indicates that the company is currently trading at an attractive price compared to its intrinsic value. This, coupled with a solid Momentum score, suggests that Astra International is gaining positive market traction.

Despite a slightly lower Resilience score, Astra International‘s diversified business model, which includes automobile and motorcycle assembly, spare parts distribution, mining, plantations development, financial, and information technology services, provides a stable foundation for its operations. Overall, the combination of strong dividend payouts, growth prospects, and solid momentum positions Astra International favorably for the future.

Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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