CARS (Industri Dan Perdagangan Bintraco Dharma Tbk PT) vs Jakarta Composite Index Comparison

CARS

Jakarta Composite Index

Compare the stock's returns with its benchmark index and competitors. Gain insights into its relative performance over time.

Select Stock to Compare

CARS

Jakarta Composite Index

Difference

1Y 3Y 5Y 10Y 15Y 20Y

CARS

Jakarta Composite Index

Add Stock

Compare the stock's returns with its benchmark index and competitors. Gain insights into its relative performance over time.

Select Stock to Compare

Jakarta Composite Index

CARS

ORLY

AZO

CVNA

KMX

Add Stock

1Y 3Y 5Y 10Y 15Y 20Y

Compare the stock's returns with its benchmark index and competitors. Gain insights into its relative performance over time.

Select Stock to Compare

Industri Dan Perdagangan Bintraco Dharma Tbk PT
Glance View

Market Cap

1.3T IDR

Industry

Retail

PT Industri dan Perdagangan Bintraco Dharma Tbk is a holding company, which engages in the business of trading, property, and services. The company is headquartered in South Tangerang, Banten and currently employs 2,425 full-time employees. The company went IPO on 2017-04-10. The firm's segments include Automotive, Financing and After Sales. The Automotive business owned by the Company is managed by an automotive subsidiary, PT New Ratna Motor (NRM) through the Nasmoco network, which consists of Toyota dealership, Nasmoco Toyota authorized workshop, and vehicle rental. The Financing Service business owned by the Company is managed by a subsidiary of the financing group namely PT Andalan Finance Indonesia (AFI). The After Sales business owned by the Company is managed by PT Meka Adipratama (Meka) through a network of spare part distributors for motorized vehicles and workshop business under CARfix brand. The firm is also engaged in vehicle distribution and repair services business activities and e-commerce digital platform services business activities.

View CARS Analysis

CARS Intrinsic Value

What is Intrinsic Value?

Economic Moat is a concept popularized by Warren Buffett to describe a company's durable competitive advantage. It represents the 'moat' that protects a company from competitors and helps it sustain profitability over the long term. Our analysis of the past 10 years showed that companies with a wide economic moat significantly outperformed the market, delivering +645% returns compared to +189% for the S&P 500.

Our research into Economic Moat performance spans the past 10 years and focuses on companies with a wide economic moat. For this analysis, we calculated the average stock price returns of these companies, comparing them to the performance of the S&P 500 index over the same period.

The results were compelling: wide moat stocks achieved a remarkable +645% average return, compared to +188% for the broader market. This difference highlights the long-term benefits of investing in businesses that can maintain their market position and pricing power over time.

Note: This research does not account for survivorship bias. Past performance is not indicative of future results.

Determining whether a company has an economic moat requires both a deep dive into financial metrics and a qualitative assessment of its competitive position. Our analysts conduct a rigorous evaluation that focuses on identifying structural advantages that enable a company to sustain profitability and defend its market share over the long term.

The process begins with an analysis of a company’s historical financial performance. We assess how consistently the company has generated returns above its cost of capital and whether those returns have been stable or improving. However, financial performance alone doesn’t reveal the full picture. To understand the sources of these advantages, we evaluate five key drivers of economic moats:

Network Effect: We analyze whether the value of a company’s product or service grows as its user base expands. Platforms like payment systems or marketplaces benefit from this self-reinforcing.

Switching Costs: We assess whether customers face significant costs or disruptions when switching to a competitor’s product or service. High switching costs create customer stickiness and provide pricing power.

Intangible Assets: Strong brands, patents, and regulatory licenses can protect a company’s market position by creating barriers for competitors or enabling premium pricing. For example, a well-recognized consumer brand may command higher customer loyalty and margins.

Efficient scale: Occurs when a market is optimally served by one or a few players, making it unprofitable for new entrants to compete. This typically happens in industries with high fixed costs or geographic constraints, such as utilities or pipelines.

Cost Advantage: Companies with structural cost advantages can produce goods or services at a lower cost than their competitors, enabling them to offer competitive pricing or maintain higher margins. These advantages often arise from economies of scale, superior supply chain management, or proprietary technology. Firms like Walmart leverage their massive scale to negotiate better terms with suppliers, allowing them to undercut competitors on price.

By examining these factors in combination with a company’s financial performance and market positioning, we classify each company into one of three categories:

This rigorous evaluation ensures that our moat ratings are both comprehensive and reliable, giving investors the tools they need to make well-informed, long-term decisions.

US		O'Reilly Automotive Inc NASDAQ:ORLY	Add
US		Autozone Inc NYSE:AZO	Add
US		Carvana Co NYSE:CVNA	Add
ZA	M	Motus Holdings Ltd JSE:MTH	Add
US		Carmax Inc NYSE:KMX	Add
US		Penske Automotive Group Inc NYSE:PAG	Add
ZA	S	Super Group Ltd JSE:SPG	Add
TW		Hotai Motor Co Ltd TWSE:2207	Add
US		Murphy Usa Inc NYSE:MUSA	Add
US		Lithia Motors Inc NYSE:LAD	Add

US		O'Reilly Automotive Inc NASDAQ:ORLY	Select
US		Autozone Inc NYSE:AZO	Select
US		Carvana Co NYSE:CVNA	Select
ZA	M	Motus Holdings Ltd JSE:MTH	Select
US		Carmax Inc NYSE:KMX	Select
US		Penske Automotive Group Inc NYSE:PAG	Select
ZA	S	Super Group Ltd JSE:SPG	Select
TW		Hotai Motor Co Ltd TWSE:2207	Select
US		Murphy Usa Inc NYSE:MUSA	Select
US		Lithia Motors Inc NYSE:LAD	Select

US		O'Reilly Automotive Inc NASDAQ:ORLY	Add
US		Autozone Inc NYSE:AZO	Add
US		Carvana Co NYSE:CVNA	Add
ZA	M	Motus Holdings Ltd JSE:MTH	Add
US		Carmax Inc NYSE:KMX	Add
US		Penske Automotive Group Inc NYSE:PAG	Add
ZA	S	Super Group Ltd JSE:SPG	Add
TW		Hotai Motor Co Ltd TWSE:2207	Add
US		Murphy Usa Inc NYSE:MUSA	Add
US		Lithia Motors Inc NYSE:LAD	Add

HR	C	CROBEX INDX:CRBEX	Add
PK	K	Karachi 100 INDX:KSE100	Add
SA	T	Tadawul All Share INDX:TASI	Add
TH	S	SET Index INDX:SET	Add
GR	A	Athens General Composite INDX:ATG	Add
BR	B	BOVESPA INDX:BVSP	Add
AR	S	S&P Merval INDX:MERV	Add
MX	M	Mexico S&P/BMV IPC INDX:MXX	Add
CZ	P	PX Prague Stock Index INDX:PX	Add
RU	M	MOEX Russia INDX:IMOEX	Add

	Franklin Covey Co NYSE:FC	35.3 USD
	Mohawk Industries Inc NYSE:MHK	118.28 USD 0.84%
	Ardmore Shipping Corp NYSE:ASC	12.56 USD -1.64%
	ASGN Inc NYSE:ASGN	86.92 USD
	Skyworks Solutions Inc NASDAQ:SWKS	92.63 USD -0.03%
	Weatherford International PLC NASDAQ:WFRD	72.13 USD -3.57%

CARS

vs

Jakarta Composite Index

Stocks Performance
CARS vs Jakarta Composite Index

Performance Gap
CARS vs Jakarta Composite Index

Performance By Year
CARS vs Jakarta Composite Index

Competitors Performance
Industri Dan Perdagangan Bintraco Dharma Tbk PT vs Peers

Industri Dan Perdagangan Bintraco Dharma Tbk PT
Glance View

Company

Help

Tools

Stocks

	Johnson & Johnson NYSE:JNJ	142.27 USD
	Bank of America Corp NYSE:BAC	46.21 USD
	Mastercard Inc NYSE:MA	516.4 USD 0.98%
	Salesforce Inc NYSE:CRM	326.9 USD
	Abbvie Inc NYSE:ABBV	178.5 USD -0.57%
	Home Depot Inc NYSE:HD	387.2 USD

	Arista Networks Inc NYSE:ANET	115.51 USD
	Visa Inc NYSE:V	312.6 USD
	Texas Pacific Land Corp NYSE:TPL	1 275.94 USD 1.4%
	KLA Corp NASDAQ:KLAC	686.2 USD -0.45%
	Manhattan Associates Inc NASDAQ:MANH	272.49 USD 1.6%
	Pinduoduo Inc NASDAQ:PDD	100.32 USD

	Salesforce Inc NYSE:CRM	326.9 USD
	ServiceNow Inc NYSE:NOW	1 049.08 USD -0.48%
	EOG Resources Inc NYSE:EOG	128.46 USD 0.71%
	Copart Inc NASDAQ:CPRT	56.78 USD 0.96%
	Applied Materials Inc NASDAQ:AMAT	176.99 USD -0.47%
	Synopsys Inc NASDAQ:SNPS	502 USD 2.95%

	Johnson & Johnson NYSE:JNJ	142.27 USD
	Berkshire Hathaway Inc NYSE:BRK.A	677 925 USD
	Bank of America Corp NYSE:BAC	46.21 USD
	Mastercard Inc NYSE:MA	516.4 USD 0.98%
	UnitedHealth Group Inc NYSE:UNH	524.52 USD
	Exxon Mobil Corp NYSE:XOM	106.93 USD

CARS vs Jakarta Composite Index

Stocks Performance CARS vs Jakarta Composite Index

Performance Gap CARS vs Jakarta Composite Index

Performance By Year CARS vs Jakarta Composite Index

Competitors Performance Industri Dan Perdagangan Bintraco Dharma Tbk PT vs Peers

Industri Dan Perdagangan Bintraco Dharma Tbk PT Glance View

Company

Help

Tools

Stocks

CARS

vs

Jakarta Composite Index

Stocks Performance
CARS vs Jakarta Composite Index

Performance Gap
CARS vs Jakarta Composite Index

Performance By Year
CARS vs Jakarta Composite Index

Competitors Performance
Industri Dan Perdagangan Bintraco Dharma Tbk PT vs Peers

Industri Dan Perdagangan Bintraco Dharma Tbk PT
Glance View