Fairvalue-Calculator Fairvalue-Calculator
EN DE

t42 IoT Tracking Solutions PLC (TRAC) Fair Value & Analysis

Technology · GB · Market cap 3.0M GBX

TI t42 IoT Tracking Solutions PLC TRAC · LSE
Price£0.0415
Fair Value£0.0409
Upside-1.5%
Quality95/100
Evidence: High Range £0.0409 – £0.0492

Fair value as of: Jun 26, 2026

From 15 valuation models · updated 3 days ago

Fair value updated Jun 26, 2026 — revised from £0.0400 to £0.0409 (+2.2%) since Jun 24, 2026. Share price +2.5% over the past month.

Price vs Fair Value (12 months)

£0.0495 £0.0180 Fair Value £0.0409 Jun 2025 Jun 2026

12‑month range £0.0180 – £0.0495 · fair‑value band £0.0409 – £0.0492 · the £0.0415 price screens above the £0.0409 fair value. As of Jun 26, 2026.

✦ Which stocks are undervalued right now? Check free Discover now →

Analysis

t42 IoT Tracking Solutions PLC (TRAC) currently trades at £0.0415, while our model-based Fair Value estimate is £0.0409 — implying the stock looks roughly 1.5% overvalued today. We read business quality at 95/100 (high quality), in the Technology 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: high).

Over the trailing twelve months, t42 IoT Tracking Solutions PLC generated revenue of £6.1M at a net margin of -9.4%. Revenue grew 79.7% year over year. Net debt stands at £3.7M. Fundamentals as of Jun 26, 2026

Key figures & financial health

Revenue (TTM) 6.1M GBX
Revenue growth (YoY) +79.7%
Net margin -9.4%
Return on equity -306%
Free cash flow 432K GBX FY2025
Operating margin 15.0%
More key figures
EPS (TTM) £-0.0100
Net debt 3.7M GBX FY2025

Figures from reported company fundamentals (EODHD) · as of Jun 26, 2026. TTM = trailing twelve months.

About the company

t42 IoT Tracking Solutions PLC, a technology company, sells hardware and software products in Latin America, Europe, Africa, Asia, the Middle East, and North America. It operates through Hardware and SaaS segments. It provides tetis, a tracking and monitoring solution for cargo; lokies, a keyless padlock with IoT capabilities; kylos, a GPS tracker and management system for asset management, monitoring, and tracking; and Helios, an advanced AVL tracking for any vehicle class. The company was formerly known as Starcom plc and changed its name to t42 IoT Tracking Solutions PLC in November 2021. t42 IoT Tracking Solutions PLC was founded in 2004 and is based in Hod Hasharon, Israel.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

t42 IoT Tracking Solutions PLC reported revenue of £6.2M in FY2025 versus £4.2M in FY2021, a compound +10.3%/yr. Reported net income was −£588K in FY2025.

Revenue +10.3%/yr
FY21 £4.2M
FY22 £4.0M
FY23 £4.0M
FY24 £4.2M
FY25 £6.2M
Net income
FY21 −£3.0M
FY22 −£1.0M
FY23 −£420K
FY24 −£1.7M
FY25 −£588K

Open the full interactive analysis →

Similar stocks

6 more Scientific & Technical Instruments stocks, each showing price versus our Fair Value estimate (as of Jun 26, 2026).

Stock Price Fair Value vs Fair Value
Keyence Corporation KYCCF $488.60 $229.05 -53%
Keysight Technologies, Inc KEYS $373.34 $93.51 -75%
Garmin Ltd GRMN $231.72 $186.06 -20%
Chroma ATE Inc 2360 2,190 TWD 337.05 TWD -85%
Teledyne Technologies Incorporated TDY $601.35 $358.39 -40%
Hexagon AB HXGBF $8.37 $5.49 -34%

Explore undervalued stocks

More undervalued Technology stocks →

All undervalued stocks TechnologyFinancial ServicesHealthcareConsumer CyclicalConsumer DefensiveCommunication ServicesIndustrialsEnergyBasic MaterialsReal EstateUtilities Deeply Undervalued StocksUndervalued Blue-Chip StocksUndervalued Small-Cap Stocks

Frequently asked questions

Is t42 IoT Tracking Solutions PLC (TRAC) undervalued?
As of Jun 26, 2026, our model estimates a fair value of £0.0409 versus a price of £0.0415 — about −1% (overvalued). Model-based estimate, not financial advice.
What is the fair value of TRAC?
Our 21-model fair value for t42 IoT Tracking Solutions PLC is £0.0409 (as of Jun 26, 2026), built from audited fundamentals. The current price is £0.0415.
What is the quality score of TRAC?
t42 IoT Tracking Solutions PLC has a Quality Score of 95/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of t42 IoT Tracking Solutions PLC (TRAC)?
t42 IoT Tracking Solutions PLC reported trailing-twelve-month revenue of about £6.1M (latest available figure, as of Jun 26, 2026).
What is the net profit margin of TRAC?
The net profit margin of t42 IoT Tracking Solutions PLC is about -9.4%, meaning it is currently running at a net loss. 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.

Educational research only · not financial advice · no buy/sell recommendation. Model-based estimates are not certainties; their reliability depends on data quality and assumptions.