PT United Tractors Tbk (PUTKY) Research

PT United Tractors Tbk, operating with its subsidiaries, is a prominent Indonesian company engaged in the sale and rental of heavy machinery. Its business activities are diversified across six core segments: Construction Machinery, Mining Contracting, Coal Mining, Gold Mining, Construction Industry, and Energy. The company serves various industries, including mining, plantations, construction, forestry, and general industrial applications, by distributing heavy equipment from brands such as Komatsu, UD Trucks, Scania, Bomag, and Tadano. In addition to heavy equipment, PT United Tractors Tbk also sells and leases tractors, power generators, forklifts, mini excavators, and commodity parts. It provides comprehensive mining services to coal companies, encompassing everything from preliminary assessments and feasibility studies to mining design and implementation, infrastructure development, overburden removal, commercial production, mine and plant expansion, reclamation, revegetation, transshipment, and marketing. The company also holds stakes in several coal mine concessions, possessing estimated reserves totaling 63 million tons, and offers technical and construction services for building, civil engineering, and maritime projects. Furthermore, its extensive operations include the engineering, planning, assembly, and manufacturing of components for machinery, tools, and heavy equipment. The company is also involved in vessel construction, repair, and charter services, as well as the reconditioning of engines and components. Other ventures span operating power plants, manufacturing concrete products, engaging in the fishery business, and conducting exploration, mining, and processing of gold and silver. It also manufactures heavy equipment components and attachments. Established in 1972, PT United Tractors Tbk is headquartered in Jakarta Timur, Indonesia, and is a subsidiary of PT Astra International Tbk.

Market snapshot

Symbol
PUTKY
Price
$25.53
Day change
-2.45%
Market cap
$80.0T
P/E ratio
6.56x
52-week range
23.18-39
Sector
Basic Materials
Industry
Industrial Materials

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