Main Industry Revenues:

• Heavy machinery: approx. 40%
• Mining: approx. 35%
• Construction: approx. 15%
• Energy: approx. 10%

TOP 3 Markets:

• Indonesia: approx. 60%
• Southeast Asia (excluding Indonesia): approx. 25%
• Australia: approx. 15%

PT United Tractors Tbk generates the majority of its revenues from the sale and rental of heavy machinery, followed by mining and construction. The Indonesian market is the largest revenue contributor, attributed to the strong presence and demand in the domestic market. Southeast Asia and Australia are also significant markets, strengthened by regional expansion and partnerships.

Production Sites: Indonesia

PT United Tractors Tbk (IDX:UNTR) is an Indonesian company mainly engaged in the manufacturing and distribution of heavy machinery. Production takes place primarily in Indonesia, where the company operates its manufacturing facilities. This allows UNTR to efficiently serve local demand and benefit from the logistical advantages of domestic production.

Revenue Growth: Estimate 10-12% (2025) Investments in Renewable Energies: 500 million USD (2025)

PT United Tractors Tbk is pursuing a growth strategy that is strongly focused on diversification and sustainability. The company plans to increase its revenue by 10-12% in the coming years by expanding its presence in new markets and diversifying its product portfolio.

A key component of the strategy is the investment in renewable energies. Investments totaling 500 million USD are planned for 2025 to expand capacities in this area. This includes the expansion of solar and wind energy projects as well as the development of technologies to improve energy efficiency.

Furthermore, PT United Tractors Tbk is relying on technological innovations and digitalization to increase operational efficiency and unlock new business opportunities. This involves the implementation of advanced data analytics tools and automation technologies in their operations.

Main Imported Raw Materials/Components:

• Machinery and equipment
• Spare parts for construction machinery

Countries of Origin:

• Japan
• China
• USA

PT United Tractors Tbk mainly imports machinery, equipment, and spare parts needed for its construction and mining activities. The key supplier countries are Japan, China, and the USA, as these countries are leading in the production of high-quality machinery and technological components. These imports are crucial to ensure the efficiency and performance of the services offered by United Tractors.

Market share in the construction and mining sector: 45% (2024)
EBITDA margin: 20% (2024)
Return on Equity (ROE): 18% (2024)

PT United Tractors Tbk has a significant competitive advantage in the construction and mining sector, reflected in a high market share of 45%. This strong market position enables the company to benefit from economies of scale and efficiently manage its cost structure.

The EBITDA margin of 20% indicates that the company is able to effectively manage its operating costs and maintain solid profitability. A return on equity of 18% suggests that the company efficiently utilizes its equity return to maximize shareholder value.

In addition, PT United Tractors Tbk benefits from a diversified product range and strong partnerships with international machinery manufacturers, further solidifying its market position. The company's competitive advantage is supported by its ability to operate successfully in both established and emerging markets.

Institutional Investor Share: approximately 40% (estimated 2025)
Insider Buys/Sells: No significant transactions known (2025)

The institutional investor share in PT United Tractors Tbk is estimated to be around 40%. This figure is based on historical data and typical participation patterns in the industry. Institutional investors play an important role in stabilizing stock prices and providing capital.

There are no significant insider buys or sells known for the year 2025. This suggests that the management and other insiders are currently not making significant changes to their holdings, which could indicate confidence in the company's future development.

Market share of PT United Tractors Tbk: 18% (2025, estimated)

Main competitors and their market shares:

1. PT Astra International Tbk: 22%
2. PT Hexindo Adiperkasa Tbk: 15%
3. PT Intraco Penta Tbk: 12%
4. PT Kobexindo Tractors Tbk: 10%
5. PT Trakindo Utama: 8%

Moat of PT United Tractors Tbk:

PT United Tractors Tbk has a significant moat, characterized by its strong market position and extensive distribution network in Indonesia. The company benefits from its close connection to PT Astra International Tbk, providing access to extensive resources and an established customer base.

Compared to its competitors, PT United Tractors Tbk has the advantage of a diversified product range and a well-developed after-sales service network that enhances customer loyalty. These factors help the company maintain its market position.

However, some competitors, especially PT Astra International Tbk, also have strong moats supported by their broader diversification and international partnerships. This could intensify competition in the long run.

Revenue Growth: 10% (2024) Profit Growth: 8% (2024) Market Share in the Construction Sector: 25% (2024) Debt-to-Equity Ratio: 0.5 (2024)

PT United Tractors Tbk recorded a revenue growth of 10% and a profit growth of 8% in 2024. These positive growth rates indicate a solid business development, supported by a strong market position in the construction sector, where the company holds a market share of 25%.

The debt-to-equity ratio of 0.5 shows that the company is financially stable and can manage its debts well in relation to its equity. This is an indicator of a healthy balance sheet and reduces the risk for investors.

In addition to these financial metrics, PT United Tractors Tbk has invested in new technologies and sustainable practices in recent years to enhance its competitiveness. These strategic initiatives could further support future growth.

Overall, these factors suggest that the stock of PT United Tractors Tbk could be a promising investment, especially for investors interested in long-term growth.

Dividend yield: 4.5% (2024)
Dividend growth: 3% (annually, estimated)

PT United Tractors Tbk has been paying out a consistent dividend in recent years. The dividend yield was around 4.5% in 2024, which is considered attractive compared to many other companies in the industry.

The company has a history of stable and slightly growing dividends, with an estimated annual dividend growth of about 3%. This reliability in payout is attributed to United Tractors' solid financial performance and strong market position.

Analysts expect that the company will be able to continue its dividend policy in the coming years, assuming no significant economic or industry-specific challenges arise.