UNTR:IDXPT United Tractors Tbk Analysis

United Tractors is trading well below its 20‑day, 50‑day and 200‑day moving averages, with the current price hovering near the identified support of 26,250. The RSI sits around the 30‑point mark, suggesting the stock is oversold, while the MACD remains in bearish territory and the histogram is negative. Volume is on the rise, indicating renewed interest despite the technical weakness.
Fundamentally, the company trades at a sub‑8× P/E and just under a 1× P/B, delivering an 8%+ dividend yield, which is attractive in a low‑beta (≈0.5) environment. However, the DCF‑derived fair value (~16,200) is far below the market price (~26,900), and the balance sheet shows a high debt‑to‑equity ratio exceeding 25, raising questions about leverage sustainability. The market sentiment is extremely greedy, and volatility over the past month is elevated (~37%), suggesting the price could swing sharply in either direction.