PT United Tractors Tbk — Cyborg Score 7/10

Strong
Heavy Equipment Distribution, Mining Services, Construction Machinery Rental and Sales

Strategic Profile

The machinery is distributed under various brands and works in the mining, construction, forestry, material handling, and transportation sectors. The company is the exclusive distributor of Komatsu construction machinery in Indonesia and also offers products from other renowned brands such as Scania, UD Trucks, Bomag, and Tadano. PT Astra International Tbk owns 59.5% of UNTR's shares.

Cyborg Score Rationale

Market capitalization of $5.84B with trailing twelve month revenue of $8.31B demonstrates solid financial scale. EBITDA margin of 28.41% indicates strong operational efficiency. The company benefits from Indonesia's infrastructure and mining growth but faces commodity price volatility.

Top Insights

  • Dividend yield of 8.03% in 2024 with 40% payout ratio reflects commitment to shareholder returns
  • Five business segments including construction machinery, mining contracting, coal mining, gold and other minerals mining provide revenue diversification
  • Company employs approximately 39,340 people across extensive service network
  • Equity increased 17.28% to 92.95 T IDR in 2026 from 79.25 T IDR prior year, signaling strong balance sheet improvement

Named Competitors

  • Caterpillar Equipment — Heavy equipment manufacturing and distribution
  • Komatsu Products — Construction machinery manufacturer (distributed exclusively by UNTR in Indonesia)
  • Regional Heavy Equipment Distributors — Local equipment rental and service providers

Recent Developments

  • (Feb 2026) Earnings release scheduled for Feb 26, 2026
  • (Oct 2025) YTD revenue performance of $8.31B on trailing twelve-month basis
  • (2024-2025) Strong dividend distributions totaling 2,236 IDR for 2025

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