PT United Tractors Tbk (PUTKY) Stock Analysis
For informational purposes only. Not financial advice. Analysis by Sedat ANAK, Founder & Editor-in-Chief | AI-powered analysis. Data sourced from SEC filings and institutional-grade financial providers. Editorially reviewed. Not financial advice.
PT United Tractors Tbk (PUTKY) trades at $26.61 with AI Score 45/100 (Grade C). PT United Tractors Tbk (PUTKY) is a leading Indonesian company specializing in heavy machinery sales and rental, with diverse operations… Market cap: $4.75B, Sector: Basic materials.
Price as of Aug 21, 2026 · Last analyzed: Jun 14, 2026Analyst Coverage for PUTKY: PUTKY does not currently have published analyst price targets in our coverage universe. This is common for smaller-cap names with limited Wall Street coverage. In the absence of analyst consensus, our AI model evaluates PUTKY against Basic Materials peers across nine fundamental dimensions and assigns an underweight signal based on the underlying data.
PUTKY: the 3 scored disciplines are evenly split. Dominant signal: Seth Klarman bullish.
How is this calculated? →Why this analysis is different
- A 9-signal quantitative MoonshotScore built from filings, insider activity, and market data — computed from the numbers, not from opinion.
- An AI Council read across up to eight perspectives — value, macro, quantitative, and momentum lenses — that shows where they disagree instead of averaging the tension away.
- Figures come straight from FMP and Yahoo Finance filings data. The AI writes the narrative around the numbers — it never edits the numbers.
PT United Tractors Tbk (PUTKY) Materials & Commodity Exposure
PT United Tractors Tbk (PUTKY) is a prominent player in Indonesia's heavy machinery and mining sectors, offering a wide range of products and services that cater to various industries, including construction and energy, supported by a robust distribution network and strategic partnerships.
What Is the Investment Thesis for PUTKY?
PT United Tractors Tbk presents a compelling investment thesis driven by its diversified business model and strong market position in Indonesia's heavy machinery and mining sectors. With a market capitalization of $4.75B and a P/E ratio of 6.3, the company demonstrates solid profitability, evidenced by a profit margin of 9.8% and a gross margin of 21.5%. The ongoing demand for heavy machinery in Indonesia, coupled with the company's extensive service offerings, positions it well for future growth. Key growth catalysts include the expansion of coal and gold mining operations, increased infrastructure spending, and the rising demand for energy solutions. Additionally, the company's robust dividend yield of 7.39% reflects its commitment to returning value to shareholders. However, investors should remain vigilant regarding potential risks, including commodity price fluctuations and regulatory changes in the Indonesian mining sector, which could impact profitability and operational efficiency.
Based on FMP financials and quantitative analysis
PUTKY Key Highlights
Market capitalization of $4.75B, indicating a strong market presence.
- P/E ratio of 6.3, suggesting potential undervaluation compared to industry peers.
- Profit margin of 9.8%, reflecting efficient cost management and operational effectiveness.
- Gross margin of 21.5%, exceeding industry averages, demonstrating strong pricing power.
- Dividend yield of 7.39%, showcasing the company's commitment to shareholder returns.
Who Are PUTKY's Competitors?
PUTKY is benchmarked below against 8 industry peers on price, market cap, and our AI MoonshotScore.
| Company | Price | Change | Market Cap | AI Score |
|---|---|---|---|---|
| PILBF Pilbara Minerals Limited | $3.38 | -1.56% | $10.9B | — |
| MALRF Mineral Resources Limited | $46.80 | +0.00% | $9.29B | 52 |
| AIAGY Aurubis AG | $98.00 | +0.00% | $8.56B | 49 |
| SSAAF SSAB AB (publ) | $9.33 | +0.00% | $9.30B | — |
| IMCDY IMCD N.V. | $55.43 | -2.05% | $6.55B | 41 |
| MTRN Materion Corporation | $232.72 | -5.10% | $4.84B | 75 |
| MFRVF Minera Frisco, S.A.B. de C.V. | $0.88 | +0.00% | $5.32B | 60 |
| MIMTF Mitsubishi Materials Corporation | $32.00 | +0.00% | $4.18B | 55 |
AI Score by Stock Expert AI · Price data: FMP / Yahoo Finance
What Are PUTKY's Key Strengths?
Leading distributor of heavy machinery in Indonesia with strong brand partnerships.
- Diverse operations across multiple sectors, reducing risk exposure.
- Significant coal and gold reserves, providing revenue stability.
- Established reputation for quality and reliability in the industrial sector.
What Are PUTKY's Weaknesses?
Dependence on commodity prices, which can be volatile.
- Exposure to regulatory changes in the Indonesian mining sector.
- Potential liquidity issues as an OTC-listed ADR.
- High operational costs associated with mining and construction services.
What Could Drive PUTKY Stock Higher?
Increased infrastructure spending by the Indonesian government expected to drive demand for heavy machinery.
- Expansion of coal and gold mining operations to leverage existing reserves.
- Strategic partnerships with leading equipment manufacturers to enhance product offerings.
- Exploration into renewable energy projects aligning with global sustainability trends.
- Technological advancements in machinery to improve operational efficiency.
What Are the Key Risks for PUTKY?
Fluctuations in commodity prices could adversely affect profitability.
- Regulatory changes in the Indonesian mining sector may impact operations.
- Competition from both local and international firms could pressure market share.
- Economic downturns may reduce demand for heavy machinery.
What Are the Growth Opportunities for PUTKY?
- Expansion in Coal Mining: PT United Tractors holds stakes in coal mine concessions with estimated reserves of 63 million tons. As Indonesia's energy demand continues to rise, the company is positioned to increase its coal mining operations, capitalizing on the growing market. The coal mining sector is projected to grow at a CAGR of 5% over the next five years, providing a substantial revenue opportunity for the company.
- Infrastructure Development: With the Indonesian government's focus on infrastructure projects, PT United Tractors stands to benefit from increased demand for heavy machinery and construction services. The government's infrastructure spending is expected to reach $50 billion annually by 2027, creating a favorable environment for the company's construction machinery segment.
- Diversification into Renewable Energy: As global energy trends shift towards sustainability, PT United Tractors is exploring opportunities in renewable energy projects. This diversification could open new revenue streams and align the company with global sustainability goals, potentially capturing a share of the growing renewable energy market, which is projected to reach $1 trillion by 2030.
- Technological Advancements: The integration of advanced technologies in heavy machinery, such as automation and IoT, presents an opportunity for PT United Tractors to enhance its product offerings. By investing in technology, the company can improve operational efficiency and attract a broader customer base, particularly in the mining and construction sectors.
- Growth in Gold Mining: PT United Tractors is involved in gold mining operations, which are expected to grow as global gold prices remain high. The company can leverage its expertise in mining contracting to expand its gold mining activities, tapping into a market that is projected to grow at a CAGR of 4% over the next five years.
What Are PUTKY's Competitive Advantages?
- Strong relationships with leading equipment manufacturers, ensuring access to high-quality products.
- Diverse business model across multiple sectors, reducing dependence on any single revenue stream.
- Established brand reputation and market presence in Indonesia's industrial landscape.
- Comprehensive service offerings that include technical support and maintenance.
- Significant reserves in coal and gold mining, providing a competitive edge.
What Does PUTKY Do?
PT United Tractors Tbk, established in 1972, is a leading Indonesian enterprise headquartered in Jakarta Timur, specializing in the sale and rental of heavy machinery. As a subsidiary of PT Astra International Tbk, the company has evolved significantly over the decades, expanding its operations across six core segments: Construction Machinery, Mining Contracting, Coal Mining, Gold Mining, Construction Industry, and Energy. With a workforce of 39,667 employees, PT United Tractors serves a diverse clientele, including sectors such as mining, plantations, construction, and forestry. The company is the primary distributor of renowned brands like Komatsu, UD Trucks, Scania, Bomag, and Tadano, further solidifying its market position. Beyond machinery sales, PT United Tractors offers comprehensive mining services, from feasibility studies to commercial production and reclamation. It also holds stakes in coal mine concessions with estimated reserves of 63 million tons. The company's operations extend to engineering, manufacturing components for machinery, and providing technical and construction services for civil engineering projects. Additionally, PT United Tractors engages in vessel construction and repair, power generation, and the manufacturing of concrete products, showcasing its diverse business model and commitment to growth in Indonesia's industrial landscape.
What Products and Services Does PUTKY Offer?
- Sell and rent heavy machinery, including excavators, tractors, and forklifts.
- Provide comprehensive mining services, from feasibility studies to commercial production.
- Distribute heavy equipment from leading brands like Komatsu and Scania.
- Engage in coal and gold mining operations with significant reserves.
- Offer technical and construction services for civil engineering projects.
- Manufacture components and attachments for heavy machinery.
How Does PUTKY Make Money?
- Generate revenue through the sale and rental of heavy machinery.
- Provide mining contracting services, earning fees for project execution.
- Engage in coal and gold mining, benefiting from commodity sales.
- Offer engineering and construction services, charging for technical expertise.
- Manufacture machinery components, creating additional revenue streams.
What Industry Does PUTKY Operate In?
The industrial materials sector, particularly in heavy machinery and mining, is experiencing significant growth driven by increased infrastructure development and rising commodity demand in Indonesia. PT United Tractors Tbk holds a strategic position within this landscape, benefiting from its extensive distribution network and strong partnerships with leading equipment manufacturers. The Indonesian mining industry is projected to grow, with coal and gold remaining key commodities. As a result, PT United Tractors is well-positioned to capitalize on these trends, although it faces competition from peers such as Pilbara Minerals Limited (PILBF) and Mineral Resources Limited (MALRF).
Who Are PUTKY's Key Customers?
- Mining companies requiring heavy machinery and contracting services.
- Construction firms needing equipment for infrastructure projects.
- Industrial sectors such as forestry and plantations.
- Government agencies involved in public infrastructure development.
- Energy companies seeking equipment for power generation.
Forward Outlook
Wall Street analysts project PT United Tractors Tbk revenue of about $116.04T for fiscal 2026, with EPS near $0.00. The estimate reflects 10 contributing analysts.
Quarterly Financial Performance: PT United Tractors Tbk
Revenue for PT United Tractors Tbk came in at $29.74T during Q2 2026, a 2.6% improvement versus the preceding quarter. The company recorded net income of $313.53B, with diluted EPS of $1783.40. Quarter-over-quarter revenue has been mixed, typical for a mid-cap company operating in Basic Materials. Across the four most recent quarters, PUTKY averaged $10656.05 in diluted EPS.
PUTKY Valuation & Market Position
With a $4.75B market cap, PT United Tractors Tbk sits in the mid-cap segment of the market. Relative to its peer group, PUTKY's quantitative score of 45/100 is roughly in line with the peer average of 47/100.
Key Financial Metrics
Return on equity for PT United Tractors Tbk stands at 12.7%, a gauge of how efficiently it converts shareholder capital into profit. Return on assets is 6.7%, showing how much profit it generates from its asset base. PUTKY trades at a trailing price-to-earnings ratio of 6.31, below the Basic Materials sector average of ~22x. Its free cash flow yield is 8.7%, a gauge of the cash the business throws off relative to its market value. A current ratio of 1.16 indicates the company holds enough short-term assets to cover its near-term obligations. Its earnings yield is 15.7%, the inverse of the P/E and a quick read on earnings relative to price.
Financial Health
PT United Tractors Tbk's Piotroski F-Score is 6/9, a 9-point checklist of profitability, leverage and efficiency — a middling fundamental profile. Its Altman Z-Score of 2.33 places it in the grey zone, a middle ground that warrants monitoring.
Company Profile
PT United Tractors Tbk operates in the Industrial Materials industry within the Basic Materials sector. It is headquartered in Jakarta Timur, ID. The company is led by CEO Franciscus Xaverius Laksana Kesuma. PUTKY has traded publicly since 2009.
PUTKY Financials
Fundamental Snapshot
Based on FMP financials and quantitative analysis · FY 2025
Bull Case vs Bear Case
Bull Case
- United Tractors' strong ties to Indonesia's infrastructure development plans signal long-term growth potential.
- Positive community sentiment indicates growing confidence in the company's strategic direction.
- Recent insider buying suggests management believes the stock is undervalued.
- Market perception sees United Tractors benefiting from increased commodity demand.
Bear Case
- Concerns linger about potential regulatory changes impacting the mining sector in Indonesia.
- Bearish community views highlight worries about global economic slowdown affecting demand for heavy equipment.
- Recent market developments show increased competition in the heavy equipment market.
- Insider selling, though limited, raises questions about short-term prospects.
AI-generated arguments based on insider flow, news sentiment and technicals — not financial advice · March 2026
Recent Quarterly Results
| Quarter | Revenue | Net Income | EPS |
|---|---|---|---|
| Q2 2026 | $29735.33B | $313.53B | $1783.40 |
| Q1 2026 | $28972.34B | $652.17B | $3620.00 |
| Q4 2025 | $30950.25B | $3347.67B | $18720.80 |
| Q3 2025 | $32099.39B | $3361.81B | $18500.00 |
Based on FMP financials and quantitative analysis
PUTKY Latest News
No recent news available for PUTKY.
PUTKY Analyst Consensus
Consensus Rating
Aggregated Buy/Hold/Sell recommendations from Benzinga, Yahoo Finance, and Finnhub for PUTKY.
Price Targets
Wall Street price target analysis for PUTKY.
PUTKY MoonshotScore
What does this score mean?
The MoonshotScore rates PUTKY 0-100 on quantitative fundamentals — growth, financial health, valuation, momentum, and risk.
Leadership: Franciscus Xaverius Laksana Kesuma
CEO
Franciscus Xaverius Laksana Kesuma has been at the helm of PT United Tractors Tbk, leading the company through significant growth phases. With a strong background in engineering and business management, he has played a crucial role in expanding the company's operations and diversifying its service offerings. His leadership has been instrumental in navigating the challenges of the Indonesian industrial landscape.
Track Record: Under his leadership, PT United Tractors has achieved substantial growth in revenue and market share, particularly in the heavy machinery and mining sectors. His strategic decisions have led to successful partnerships with leading equipment manufacturers and an expansion of the company's service capabilities.
PT United Tractors Tbk ADR Information Unsponsored
An American Depositary Receipt (ADR) allows U.S. investors to buy shares in foreign companies. PUTKY operates as a Level 1 ADR, which means it is traded over-the-counter in the U.S. and represents shares of the company listed on the Jakarta stock exchange.
- Home Market Ticker: Jakarta Timur, ID - Home market ticker: PUTK
- ADR Level: 1
- ADR Ratio: 1:1
- Home Market Ticker: PUTK
PUTKY OTC Market Information
OTC Other tier represents companies trading on the over-the-counter market that do not meet the requirements for listing on major exchanges like NYSE or NASDAQ. This tier often includes foreign companies and those with less stringent reporting standards.
- OTC Tier: OTC Other
- Lower liquidity compared to stocks on major exchanges, impacting trading efficiency.
- Limited financial disclosures may hinder thorough analysis.
- Potential for higher volatility due to lower trading volumes.
- Foreign exchange risks associated with currency fluctuations.
- Review the company's financial statements and performance metrics.
- Assess the competitive landscape and market positioning.
- Understand the regulatory environment affecting the mining sector.
- Evaluate the company's operational efficiency and cost management.
- Monitor commodity price trends and their impact on revenue.
- Established presence in the Indonesian market since 1972.
- Partnerships with reputable equipment manufacturers.
- Strong financial metrics indicating operational stability.
- Compliance with local regulations and industry standards.
PT United Tractors Tbk Basic Materials Stock: Key Questions Answered
What does the AI Score mean for PUTKY?
PUTKY holds an AI Score of 45/100 (Grade: C). This is an educational research signal, not a buy or sell recommendation. PT United Tractors Tbk (PUTKY) is a leading Indonesian company specializing in heavy machinery sales and rental, with diverse operations in mining and construction. Established in 1972, it plays a …
What does PT United Tractors Tbk do?
PT United Tractors Tbk specializes in the sale and rental of heavy machinery, including excavators and tractors. The company also provides comprehensive mining services, engages in coal and gold mining, and offers technical and construction services for civil engineering projects. With a diverse portfolio, it serves various industries, including mining, construction, and energy.
What do analysts say about PUTKY stock?
Analysts view PT United Tractors Tbk as a key player in the Indonesian industrial materials sector, highlighting its strong market position and diversified operations. Key valuation metrics include a P/E ratio of 6.3 and a profit margin of 9.8%. Analysts emphasize the importance of monitoring commodity prices and regulatory changes that could impact the company's growth prospects.
What are the main risks for PUTKY?
PT United Tractors Tbk faces several risks, including fluctuations in commodity prices that could affect profitability. Regulatory changes in the Indonesian mining sector may pose operational challenges. Additionally, competition from both local and international firms could impact market share, while economic downturns may reduce demand for heavy machinery, affecting overall revenues.
What are the key factors to evaluate for PUTKY?
PT United Tractors Tbk (PUTKY) holds an AI score of 45/100 (low). P/E: 6.3x vs the S&P 500's ~20-25x. Not financial advice.
How frequently does PUTKY data refresh on this page?
PUTKY's price was last updated on Aug 21, 2026 and refreshes on page view during U.S. market hours — it is not a real-time exchange feed. Fundamentals update after quarterly filings; the MoonshotScore recalculates nightly; news aggregates continuously.
What has driven PUTKY's recent stock price performance?
PT United Tractors Tbk (PUTKY) moves on earnings results, analyst revisions, sector rotation, and market sentiment. Notable catalyst: Leading distributor of heavy machinery in Indonesia with strong brand partnerships. See the News tab for the latest drivers. Past performance does not predict future results.
Should investors consider PUTKY overvalued or undervalued right now?
PT United Tractors Tbk (PUTKY) trades at 6.3x earnings. Compare P/E, P/S, and EV/EBITDA against sector peers for a full view.
How do I research PUTKY before investing?
Before investing in PT United Tractors Tbk (PUTKY), research these four areas: (1) the company's revenue model and competitive position (see Company Overview), (2) financial health through revenue growth, margins, and cash flow (see MoonshotScore), (3) analyst consensus ratings and price targets (see Analyst tab), and (4) specific risk factors that could impact the stock (see Risk Factors section).
Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.
Official Resources
Data provided for informational purposes only.
- Data sourced from company profile and financial metrics.