SMSM.JK(SMSM.JK)
SMSM.JK
PT Selamat Sempurna Tbk is a leading manufacturer of automotive components in Indonesia, specializing in filters and other critical parts for the automotive industry. The company benefits from a strong domestic market presence and a diversified product portfolio, which includes oil filters, air filters, and fuel filters, catering to both local and export markets.
PT Selamat Sempurna generates revenue primarily through the production and sale of automotive filters, leveraging its strong brand reputation and established relationships with major automotive manufacturers. The company enjoys pricing power due to its high-quality products and low debt levels, allowing it to maintain competitive margins.
Changes in automotive production volumes in Indonesia
Fluctuations in raw material prices, particularly rubber and metal
Export demand from Southeast Asian markets
Regulatory changes impacting automotive emissions standards
Technological disruption from electric vehicle components
Regulatory changes in environmental standards
Increased competition from low-cost manufacturers in Asia
Potential market entry by global automotive parts suppliers
Low liquidity risk due to a current ratio of 5.94
Minimal financial risk from low debt levels
moderate - The company's performance is linked to the automotive sector, which is sensitive to GDP growth and consumer spending trends.
Low - With a low debt/equity ratio of 0.04, rising interest rates have minimal impact on financing costs, but could affect consumer spending indirectly.
minimal - The company operates with a strong balance sheet and low reliance on external financing.
value - The company's strong fundamentals and low debt levels appeal to value investors seeking stable returns.
low - The stock has historically shown low volatility, supported by consistent earnings growth.