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Tira Austenite Tbk (TIRA) fair value: what the stock is really worth

As of Sep 24, 2026: fair value of Tira Austenite Tbk IDR 295, price IDR 374, upside -21.1%, quality 46 out of 100. Calculated from audited financials with 26 valuation models and 37 quality factors, updated daily.

  1. Fair value above price? No
  2. Good quality? No
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Industrials · ID · ISIN ID1000061005

TA Thin data Sep 24, 2026

Tira Austenite Tbk

TIRA · JK

Weak valuationQuality is weak on top of the rich price.

!Fair value 294.95 IDR · Overvalued (−21%)
!Quality 46/100
!Expensive Growth (revenue 5y +3.7 %/yr)
!Thin margins · 2.5% net margin (TTM)
!Low debt · negative free cash flow
!Trails peers (3/12)
!Narrow moat 31/100
!Evidence only low, so the estimate is less certain
!Weak on valuation: 5 out of 100
!Weak on past: 18 out of 100
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What runs behind every stock

26 valuation models 8 families, DCF to NCAV 37 quality factors margins, balance sheet, cashflow, debt 6 AI factors moat, what no ratio measures 2,000+ data points verified, per stock, median

69 individual criteria per stock, every one traceable See the method →

Price vs Fair Value

2,380 IDR 171.00 IDR Fair Value 294.95 IDR Apr 2021 Sep 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Sep 24, 2026.

How to read this chart

60‑month range 171.00 IDR – 2,380 IDR · fair‑value band 263.44 IDR – 320.75 IDR · the 374.00 IDR price screens above the 294.95 IDR fair value. Dashed = 300-day average. As of Sep 24, 2026.

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Company profile

PT Tira Austenite Tbk engages in the trading and distribution of technical products in Indonesia. It operates through three segments: Trading and Distribution of Technical Products; Welding and Molding Industry; and Distribution of Industrial Gases. The company offers tools, stainless, machinery, and wear resistance steel.

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PT Tira Austenite Tbk engages in the trading and distribution of technical products in Indonesia. It operates through three segments: Trading and Distribution of Technical Products; Welding and Molding Industry; and Distribution of Industrial Gases. The company offers tools, stainless, machinery, and wear resistance steel. It also provides gas packaging and transportation services; gases such as breathing air, helium, anaerobic atmosphere, blood gas, and lung diffusion gas mixtures, as well as special gases comprising analytical instrumentation mixtures, electron capture, FID fuel, leak detection, nuclear counter, chemical process, carbon monoxide, ethylene, methane, propane, sulfur hexafluoride, emission calibration, environmental compliance mixtures, gas mixtures, high purity gas products, hydrocarbon calibration standards, and laser gas mixture; gas installation services; purging for tanks and pipes; hydrostatic tests for steel tubes, and other equipment. In addition, the company manufactures bronze and maintenance electrode; and provides metal casting and bronze casting services. PT Tira Austenite Tbk was founded in 1971 and is headquartered in Jakarta Timur, Indonesia.

Stock analysis

Tira Austenite Tbk (TIRA) currently trades at 374.00 IDR, while our model-based Fair Value estimate is 294.95 IDR, implying the stock looks roughly 26.8% overvalued today.

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Valuation

Bull case: the DCF Models group reads highest at a median of 432.29 IDR per share, and 5 of the 13 models we run sit above the 374.00 IDR price.

Bear case: the Earnings-Based group reads lowest at 107.18 IDR, and 8 of the 13 models stay below the price. Evidence for this calculation is low.

Scenario range: 263.44 IDR (bear) to 320.75 IDR (bull), the price of 374.00 IDR sits above it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.

Quality & growth

The Quality Score stands at 46/100 (below-average quality), in the Industrials sector.

Expensive Growth: The company is growing, but growth may require heavy reinvestment or weak cash conversion.

Tira Austenite Tbk reported revenue of 302B IDR in FY2025 versus 239B IDR in FY2021, a compound +5.9%/yr. Reported net income was 4.5B IDR in FY2025.

Key figures

Market cap 221B IDR (≈ $12.3M) · P/E ratio 100.1 · P/S ratio 1.51 · EPS (TTM) 3.74 IDR · Net margin 1.5% · Return on equity 4.4% · Return on assets (EBIT) 4.3% · Operating margin 3.2%.

Competitive moat

Our AI-assisted moat analysis scores the competitive advantage at 42 out of 100 (low confidence).

What moves the price

The share trades about 80% below its 52-week high and at its 52-week low, currently below its 200-day average.

For context, the median of 10 Industrials peers we cover trades at −29% fair-value upside, at −21%, TIRA screens cheaper than that median.

Fair Value models

Bear 263.44 IDR Fair Value 294.95 IDR Bull 320.75 IDR
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above is their evidence-weighted blend, not the output of a single model. Based on fiscal year 2025 figures (about 9 months old). Earnings retained since then (2.74 IDR per share) are deliberately not added. Bear ⓘBear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull ⓘBull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. Evidence ⓘEvidence = how well-backed THIS model's estimate is for this stock (0–100): how complete and reliable its input data are, and how well the model fits the company. The final Fair Value is an evidence-weighted blend, so better-evidenced models count more. Green ≥70, amber 50–69, grey below 50.
Highest evidence
Owner Earnings 317.98 IDR 432.29 IDR 591.16 IDR 77
EPV 319.63 IDR 368.16 IDR 410.04 IDR 74
ROIC Compounder 320.61 IDR 380.82 IDR 445.24 IDR 72
All 13 models by family
DCF Models
Owner Earnings 317.98 IDR 432.29 IDR 591.16 IDR 77
Earnings-Based
Graham-Dodd 52.56 IDR 107.18 IDR 135.06 IDR 66
EPV 319.63 IDR 368.16 IDR 410.04 IDR 74
Multiples
P/E Multiple 121.75 IDR 162.33 IDR 202.92 IDR 63
P/S Multiple 98.56 IDR 131.41 IDR 164.27 IDR 58
P/B Multiple 98.56 IDR 131.41 IDR 164.27 IDR 55
EV/EBIT 500.46 IDR 663.20 IDR 825.94 IDR 66
EV/EBITDA 490.33 IDR 649.69 IDR 809.06 IDR 67
EV/Revenue 360.69 IDR 510.03 IDR 659.37 IDR 54
Asset-Based
NCAV (Graham) 155.50 IDR 208.37 IDR 311.00 IDR 54
Economic Profit
Residual Income 218.36 IDR 208.02 IDR 165.92 IDR 71
ROIC Compounder 320.61 IDR 380.82 IDR 445.24 IDR 72
Growth Earnings
Growth-Adj P/E 88.67 IDR 126.67 IDR 164.68 IDR 67

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Quality Score breakdown

Overall quality 46/100

Of which business quality 43 · Market factors (momentum, volatility) 15

Profitability 33
Margins and returns on capital today
Quality Growth 50
Are margins and returns improving?
Cashflow 0
Earnings quality: real cash, not paper profit
Fin. Strength 43
Balance sheet, leverage, solvency risk
Investment 87
Disciplined investing over empire-building
Low Volatility 50
Calm price path (market factor)
Momentum 0
Price trend over the last 3–12 months (market factor)
52W Momentum 0
Distance to the 52-week high (market factor)
Net Issuance 79
Share count: buybacks or dilution?

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Revenue & earnings trend

Growth Quality ⓘGrowth is valuable only when reinvestment earns attractive returns (Aswath Damodaran): sustainable growth depends on return on capital, reinvestment and efficiency. Basis: total company revenue over the periods shown on the cards (3Y/5Y/all years), not per share, so a merger can show up as a growth jump; per-share earnings growth is in the value-creation card. 34/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Revenue growth 1 year
+5.0%
Revenue growth 3 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+1.9%
Revenue growth 5 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+3.7%
Start year 2020 (pandemic). Over 10 years: +1.7% a year
Revenue growth 25 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+5.3%
What shareholders gained per year (last 5 years), in IDR ⓘWhat the business itself delivers per year: earnings growth per share plus the dividend yield. This is what you get IF the market keeps valuing the stock the same way: it contains no assumption about the market changing its mind. Computed per share, so buybacks count and a merger does not pass as growth. For a company that pays no dividend it is pure earnings growth per share. Period: earnings growth per share as CAGR over the last 5 reported fiscal years (annual statements), plus the current dividend yield. The start value is the median of the three years around the start, so a single crisis year (a pandemic or a write-down) does not distort the rate. Basis: EBIT basis. Measured in IDR: this currency has depreciated against the euro and dollar over the long run, so part of the nominal rate is currency erosion that never reaches a EUR/USD investor.
≈ +16.7%
Earnings growth per share plus dividend.
Earnings per share, growth per year+16.7%
Dividend (yield on the price)0.0%
Pace: 5 vs 10 years ⓘTwo data points, not a trend model: earnings growth per share over the last 5 fiscal years against the last 10. Labelled "steady" when both rates are within 3 percentage points of each other, otherwise picking up or flattening. Shown only when ten years of history exist.20% vs 11%, picking up
Profit margin 2020 to 2025 ⓘOperating margin then vs now, from reported annual statements. A falling margin after a boom year is the classic peak-earnings signal: the growth rate then leans on an inflated base.2% → 8%
Start year 2020 (pandemic)
⚠ Rate on operating basis: 2025 sits 197% above its own trend.

TIRA screens 27% overvalued. Compare with W.W. Grainger, Inc →

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Peer GroupⓘHow this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.Industrial Distribution · 112 stocks

Beats the industry median on 3/12 measures
Overall it trails its industry peers.
Valuation
Quality Score 46 · Bottom 25%
Fair Value upside −21% · Below median
Profitability
Return on equity (TTM) 4% · Below median
Return on assets 3% · Below median
Net margin (TTM) 3% · Below median
Operating margin (TTM) 3% · Below median
Growth and dividend
Revenue growth −4% · Below median
Balance sheet
Debt / equity 0.00× · Lowest 25%

Valuation Multiplesvs Industrial Distribution median · lower = cheaper

P/E (TTM) 100.1× · Priciest 25%
P/B 1.21× · Cheaper than median
P/S (TTM) 0.73× · Pricier than median
EV/EBITDA 7.9× · Cheaper than median

Strength profile in five axes (Snowflake)

VALUEFUTUREPASTHEALTHDIVIDEND
This stock
VALUEFUTUREPASTHEALTHDIVIDEND
Sector peers
VALUE (fair-value potential)5 · sector 36
FUTURE (revenue growth)0 · sector 18
PAST (return on equity)18 · sector 35
HEALTH (low debt)100 · sector 91
DIVIDEND (yield)0 · sector 39

Context: sector, industry, market

Values & ESG

Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.

None of the checked exposures detected

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Tira Austenite Tbk · Fair Value
294.95 IDR −27%Fair Value
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Cite: Fair Value Calculator (2026). "Tira Austenite Tbk Fair Value". https://www.fairvalue-calculator.com/stock/TIRA

Frequently asked questions

Is Tira Austenite Tbk (TIRA) overvalued or undervalued?
As of Sep 24, 2026, our model estimates a fair value of 294.95 IDR versus a price of 374.00 IDR, about −21% upside (overvalued).
What is the fair value of TIRA?
Our model-based fair value for Tira Austenite Tbk is 294.95 IDR (as of Sep 24, 2026), built from audited fundamentals. The current price: 374.00 IDR.
What is the quality score of TIRA?
Tira Austenite Tbk has a Quality Score of 46/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the price target for Tira Austenite Tbk (TIRA)?
Our model-based price target is the fair value of 294.95 IDR (as of Sep 24, 2026) from 13 valuation models. Cautious scenario 263.44 IDR, optimistic scenario 320.75 IDR. It is a calculation from audited fundamentals, not an analyst target.
What is the Tira Austenite Tbk stock forecast for 2026?
Our models put fair value at 294.95 IDR, about −21% upside versus a price of 374.00 IDR (overvalued). Cautious scenario 263.44 IDR, optimistic scenario 320.75 IDR. The calculation is refreshed regularly with new filings.
What is the revenue of Tira Austenite Tbk (TIRA)?
Tira Austenite Tbk reported trailing-twelve-month revenue of about 303B IDR (latest available figure, as of Sep 24, 2026).
What is the intrinsic value of Tira Austenite Tbk (TIRA)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Tira Austenite Tbk it is 294.95 IDR per share (as of Sep 24, 2026), against a price of 374.00 IDR. It is the blended result of 13 valuation models (cash flow, earnings, asset, dividend).
Is Tira Austenite Tbk stock overvalued or undervalued in 2026?
As of Sep 24, 2026, TIRA trades above its calculated fair value: price 374.00 IDR, fair value 294.95 IDR, a gap of about −21% (overvalued). The calculation is refreshed with each new quarterly report, so the verdict can change during the year.
Is fair value the same as the market price of TIRA?
No. The price is what the market pays today (374.00 IDR); the fair value is what the company's own numbers justify (294.95 IDR). For Tira Austenite Tbk the two are 79.05 IDR per share apart. That gap is exactly why we show both numbers side by side.
How much is Tira Austenite Tbk worth?
The market values Tira Austenite Tbk at about 221B IDR (market capitalisation, as of Sep 24, 2026). Per share that is 374.00 IDR; our models calculate a fair value of 294.95 IDR per share.
What do the bullish and bearish scenarios say about TIRA?
Our models span a range for Tira Austenite Tbk: cautious scenario 263.44 IDR, base 294.95 IDR, optimistic 320.75 IDR per share (as of Sep 24, 2026, price 374.00 IDR). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of TIRA?
Tira Austenite Tbk trades at a price-to-earnings ratio of 100.1 (as of Sep 24, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of 294.95 IDR is built from several models across several years. Other multiples: P/B 1.2, P/S 0.7, EV/EBITDA 7.9.
How solid is the balance sheet of Tira Austenite Tbk (TIRA)?
Balance-sheet figures for Tira Austenite Tbk (as of Sep 24, 2026): return on equity 4.4%, debt of 0.00 per unit of equity. They feed the Quality Score of 46/100, which measures business quality independently of the share price.
How far is TIRA from its 52-week high?
Tira Austenite Tbk trades at 374.00 IDR, about 80% below its 52-week high of 1,845 IDR and at the low of 374.00 IDR (as of Sep 24, 2026). Distance from the high says nothing about value: that is what the fair value of 294.95 IDR is for.
Which stocks are comparable to Tira Austenite Tbk?
From the same area (Industrials) we also value W.W. Grainger, Inc, Fastenal Company, Ferguson Enterprises Inc, WESCO International, Inc, among others. Each of them has its own fair-value calculation on this site using the same models, so the comparison is like for like.
Is Tira Austenite Tbk stock attractive at the current price?
The data as of Sep 24, 2026: price 374.00 IDR, calculated fair value 294.95 IDR (−21%), Quality Score 46/100, from 13 models. Whether that fits your horizon and risk tolerance is your call. We provide the calculation, not investment advice.
How is the fair value of TIRA calculated?
We run Tira Austenite Tbk through 13 models from four families: discounted cash flow, earnings models, asset and balance-sheet models, and dividend models. Every model gets the same audited fundamentals; the result is the weighted average of 294.95 IDR, with the spread shown as a cautious and an optimistic scenario.
Is it still worth investing in stocks now?
The global stock market currently sits 13.2 % above its aggregate fair value. Tira Austenite Tbk itself currently trades above fair value. An expensive market is no reason to stay out and no reason to buy everything at once: keep a broad savings plan running, buy single stocks only with money you can do without, and hold part of your money liquid while the market is high. The full picture including sectors is on is it worth investing now.
What is the share price of Tira Austenite Tbk (TIRA)?
The closing price on Sep 24, 2026 was 374.00 IDR. Our model-based fair value is 294.95 IDR, about −21% upside (overvalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Tira Austenite Tbk right now?
The price sits above even our optimistic bull case (320.75 IDR). The favourable scenario is already priced in. Solid but not exceptional quality (46/100) and above fair value, neither a clear bargain nor a standout compounder. Evidence is limited here (fewer models, shorter history), so the fair value is a rougher estimate than usual.
Where does the earnings growth of Tira Austenite Tbk (TIRA) come from?
Earnings per share at Tira Austenite Tbk grew +4.9 % a year from 2014 to 2025. Broken into its drivers: revenue per share +0.8 %, EBIT margin +4.8 %, tax rate +0.7 %, residual (interest, one-offs) −1.3 %. The four rates multiply to the earnings growth rate, they do not add up. Start and end are three-year averages so a single exceptional year does not distort the result.

Key figures of Tira Austenite Tbk

How large is the market capitalisation of Tira Austenite Tbk (TIRA)?
The market capitalisation of Tira Austenite Tbk is 221B IDR (≈ $12.3M). The stock-market value of the whole company: share price times number of shares. It is what the market asks for the entire business today.
What is the P/S ratio of Tira Austenite Tbk (TIRA)?
The price-to-sales ratio of Tira Austenite Tbk is 1.51 (P/E × margin). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What are the earnings per share of Tira Austenite Tbk (TIRA)?
Earnings per share at Tira Austenite Tbk are 3.74 IDR (price ÷ EPS = P/E 100.1). Earnings per share over the last twelve months: total profit spread across every single share.
What is the net margin of Tira Austenite Tbk (TIRA)?
The net margin of Tira Austenite Tbk is 1.5% (fiscal year 2025). How much of every unit of revenue ends up as profit. 10% means 10 cents of profit per dollar of sales.
What is the return on equity of Tira Austenite Tbk (TIRA)?
The return on equity (ROE) of Tira Austenite Tbk is 4.4% (last twelve months). Profit relative to shareholders' equity, how efficiently the company works with its owners' money.
What is the EBIT return on assets of Tira Austenite Tbk (TIRA)?
On an EBIT basis the return on assets of Tira Austenite Tbk is 4.3% (avg 5y). Operating profit (EBIT) relative to everything the company owns, as a multi-year average. It describes the business model rather than one good or bad year.
What is the operating margin of Tira Austenite Tbk (TIRA)?
The operating margin of Tira Austenite Tbk is 3.2% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Tira Austenite Tbk (TIRA)?
Revenue at Tira Austenite Tbk is growing −3.9% versus a year earlier (3y avg +1.9%). How much revenue grew versus a year earlier (YoY). The 3-year average next to it puts the single year in context.
How fast are earnings growing at Tira Austenite Tbk (TIRA)?
Earnings per share at Tira Austenite Tbk are growing −79.2% versus a year earlier. How much earnings per share grew versus a year earlier.
How much free cash flow does Tira Austenite Tbk (TIRA) generate?
The free cash flow of Tira Austenite Tbk is −25.6B IDR (fiscal year 2025). The cash truly left after running and investing in the business, this is what pays dividends and buybacks.
How much net debt does Tira Austenite Tbk (TIRA) carry?
The net debt of Tira Austenite Tbk is 109B IDR (fiscal year 2025). Debt minus cash on hand. The note shows how many years of free cash flow could in theory pay it off.
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