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PT Express Transindo Utama Tbk, (TAXI) Fair Value & Analysis

Industrials · ID · Market cap 133B IDR

PE PT Express Transindo Utama Tbk, TAXI · JK
Price15.00 IDR
Fair Value3.30 IDR
Upside-78.0%
Quality33/100
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Weak Growth
Thin margins · 0.0% net margin
Low debt · negative free cash flow
Trails peers (2/8)
Narrow moat 6/100
Evidence: Low Range 2.18 IDR – 4.12 IDR Share as image

Fair value as of: Jul 17, 2026

From 3 valuation models · updated 24 days ago

Fair value updated Jul 17, 2026, revised from 16.22 IDR to 3.30 IDR (−79.7%) since Jun 24, 2026. Share price +25.0% over the past month.

Below-average quality, and screening another 78% overvalued on our models.

What matters now

  • The price sits above even our optimistic bull case (4.12 IDR). The favourable scenario is already priced in.
  • Weak quality (33/100) and above fair value at the same time, the margin of safety is missing on both counts.
  • The large gap to fair value rests on thin data (low evidence): fewer applicable models and a shorter history. Read it with extra caution.
  • A fairly wide model range (2.18 IDR to 4.12 IDR) leaves room in how you read the outcome.
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Price vs Fair Value (5 years)

50.00 IDR 1.00 IDR Fair Value 3.30 IDR Feb 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 17, 2026.

How to read this chart

60‑month range 1.00 IDR – 50.00 IDR · fair‑value band 2.18 IDR – 4.12 IDR · the 15.00 IDR price screens above the 3.30 IDR fair value. Dashed = 300-day average. As of Jul 17, 2026.

Full chart & analysis →

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Analysis

PT Express Transindo Utama Tbk, (TAXI) currently trades at 15.00 IDR, while our model-based Fair Value estimate is 3.30 IDR, implying the stock looks roughly 78.0% overvalued today. The Quality Score stands at 33/100 (below-average quality), in the Industrials sector. Bear case: priced above our estimate, the market already discounts strong expectations. Bull case: above-average quality can justify a premium, the entry price still matters most (evidence: low).

Trailing-twelve-month revenue stands at 5.1B IDR. Revenue grew 239.7% year over year. It earns a return on equity of -40.5%. The balance sheet holds a net cash position of 665M IDR. Fundamentals as of Jul 17, 2026

Our scenario range runs from 2.18 IDR (bear case) to 4.12 IDR (bull case); at 15.00 IDR, the current price sits above that range. Bear and bull are the same models run on conservative and optimistic assumptions (margins, growth, valuation multiples), so a plausible valuation range, not a price target. The share trades about 58% below its 52-week high and 150% above its 52-week low, currently below its 200-day average. For context, the median of 10 Industrials peers we cover trades at -28% fair-value upside, at -78%, TAXI screens richer than that median.

Fair Value models

Each model estimates fair value its own way; the Fair Value above is the evidence-weighted blend. Evidence (0–100) measures how completely this model’s inputs are available: well-fed models carry more weight in the blend. The spread across models is intentional, each one stresses a different value driver; dividend models, for instance, come out structurally low when payout is small.

Model 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
Highest evidence
Gordon GGM 23.12 IDR 25.31 IDR 28.64 IDR 70
DDM Multi-Stage 23.12 IDR 29.01 IDR 37.27 IDR 61
NCAV (Graham) 1.80 IDR 2.41 IDR 3.60 IDR 50
All 3 models by family
Dividend Discount
Gordon GGM 23.12 IDR 25.31 IDR 28.64 IDR 70
DDM Multi-Stage 23.12 IDR 29.01 IDR 37.27 IDR 61
Asset-Based
NCAV (Graham) 1.80 IDR 2.41 IDR 3.60 IDR 50

Widest divergence: Dividend Discount (25.31 IDR) versus Asset-Based (2.41 IDR). Highest evidence: Gordon GGM (70).

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Key figures & financial health

Revenue (TTM) 5.1B IDR
Revenue growth (YoY) +240%
Return on equity -40.5%
Free cash flow −4.9B IDR FY2025
Operating margin -16.9%
EPS (TTM) -0.7500 IDR
More key figures
Net cash 665M IDR FY2025

Figures from reported company fundamentals · as of Jul 17, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 33/100

Of which business quality 34 · Market factors (momentum, volatility) 52

Profitability 0
Margins and returns on capital today
Quality Growth 32
Are margins and returns improving?
Cashflow 0
Earnings quality: real cash, not paper profit
Fin. Strength 51
Balance sheet, leverage, solvency risk
Investment 67
Disciplined investing over empire-building
Low Volatility 50
Calm price path (market factor)
Momentum 45
Price trend over the last 3–12 months (market factor)
52W Momentum 65
Distance to the 52-week high (market factor)
Net Issuance 82
Buybacks instead of dilution

Non-valuation factor families (profitability, growth, cashflow, financial strength, momentum …), each academically grounded. Valuation itself sits in the Fair Value and is deliberately excluded here to avoid double-counting.

About the company

PT Express Transindo Utama Tbk, together with its subsidiaries, provides land transportation services in Indonesia. The company offers taxi services; land transportation business service; tour related services; and bus rental services under the Eagle High brand name.

Full company description

PT Express Transindo Utama Tbk, together with its subsidiaries, provides land transportation services in Indonesia. The company offers taxi services; land transportation business service; tour related services; and bus rental services under the Eagle High brand name. It operates a fleet in Jakarta, Depok, Tangerang, Bekasi, Medan, Surabaya, Semarang, Padang, Lombok, and Bali. The company was founded in 1981 and is headquartered in West Jakarta, Indonesia.

Company description, as reported by the company or data provider.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

PT Express Transindo Utama Tbk, reported revenue of 3.5B IDR in FY2025 versus 7.3B IDR in FY2021, a compound −16.7%/yr. Reported net income was −19.6B IDR in FY2025.

Growth Quality 0/100
Revenue growth is weak, negative or inconsistent.
Latest Revenue (FY 2025)
3.5B IDR
Latest YoY
−10.2%
Avg. growth/yr (3Y) 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.
+5.9%
Avg. growth/yr (5Y) 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.
−30.5%
Avg. growth/yr (16Y) 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.
−22.0%
Revenue −16.7%/yr
FY21 7.3B IDR
FY22 2.9B IDR
FY23 4.9B IDR
FY24 3.9B IDR
FY25 3.5B IDR
Net income
FY21 189B IDR
FY22 −14.9B IDR
FY23 −4.0B IDR
FY24 −1.8B IDR
FY25 −19.6B IDR

TAXI screens 78% overvalued. Compare with Union Pacific Corporation →

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Cite: Fair Value Calculator (2026). "PT Express Transindo Utama Tbk, Fair Value". https://www.fairvalue-calculator.com/stock/TAXI

Peer Group

Railroads · 111 stocks

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.

Quality Score 33 · Bottom 25%
Fair Value upside −78% · Bottom 25%
Return on assets -8% · Bottom 25%
Net margin (TTM) 0% · Bottom 25%
Operating margin (TTM) -17% · Bottom 25%
Revenue growth 240% · Top 25%

Snowflake

Five quick dimensions, each 0 to 100: VALUE (fair-value potential), FUTURE (revenue growth), PAST (return on equity), HEALTH (low debt), DIVIDEND (yield). Green = this stock, grey = typical sector peer.

VALUE 0 · sector 28
FUTURE 100 · sector 20
PAST 0 · sector 31
HEALTH 100 · sector 88
DIVIDEND 0 · sector 41

VALUE 0: the price sits above our fair-value range.

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

ESG scores are not available for this stock yet. Values and ESG data are contextual and can differ between providers.

Similar stocks

10 more Railroads stocks, each showing price versus our Fair Value estimate (as of Jul 17, 2026).

Stock Price Fair Value vs Fair Value
Union Pacific Corporation UNP $301.75 $144.60 -52%
CSX Corporation CSX $49.41 $12.85 -74%
Canadian Pacific Kansas City Limited CP $92.91 $35.00 -62%
Canadian National Railway Company CNI $128.22 $92.63 -28%
Norfolk Southern Corporation NSC $327.47 $117.90 -64%
Westinghouse Air Brake Technologies Corporation WAB $259.71 $144.80 -44%
Beijing-Shanghai High-Speed Railway Co 601816 ¥4.82 ¥5.65 +17%
CRRC Corporation 601766 ¥5.65 ¥9.53 +69%
Daqin Railway Co 601006 ¥4.85 ¥6.24 +29%
Hyundai Rotem Company 064350 167,700 KRW 125,182 KRW -25%

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Frequently asked questions

Is PT Express Transindo Utama Tbk, (TAXI) overvalued or undervalued?
As of Jul 17, 2026, our model estimates a fair value of 3.30 IDR versus a price of 15.00 IDR, about −78% (overvalued).
What is the fair value of TAXI?
Our model-based fair value for PT Express Transindo Utama Tbk, is 3.30 IDR (as of Jul 17, 2026), built from audited fundamentals. The current price is 15.00 IDR.
What is the quality score of TAXI?
PT Express Transindo Utama Tbk, has a Quality Score of 33/100. 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 revenue of PT Express Transindo Utama Tbk, (TAXI)?
PT Express Transindo Utama Tbk, reported trailing-twelve-month revenue of about 5.1B IDR (latest available figure, as of Jul 17, 2026).
What is the net profit margin of TAXI?
The net profit margin of PT Express Transindo Utama Tbk, is about 0.0%, meaning it keeps roughly 0.0% of revenue as net income. Based on the latest reported figures.

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data, nothing guessed.

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