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Transkon Jaya Pt (TRJA) fair value: what the stock is really worth

As of Sep 24, 2026: fair value of Transkon Jaya Pt IDR 151, price IDR 131, upside +15.4%, quality 54 out of 100. Calculated from audited financials with 26 valuation models and 37 quality factors, updated daily.

  1. Fair value above price? Yes
  2. Good quality? Yes
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Industrials · ID · ISIN ID1000156805

TJ Thin data Sep 24, 2026

Transkon Jaya Pt

TRJA · JK

UndervaluedThe stock appears undervalued with acceptable quality.

✓Fair value 151.21 IDR · Undervalued (+15%)
!Quality 54/100
!Mixed Growth (revenue 5y +4.8 %/yr)
!Thin margins · 0.1% net margin (TTM)
✓Low debt · generates free cash flow
!Mixed vs. peers (4/10)
!Narrow moat 21/100
!Evidence only low, so the estimate is less certain

What runs behind every stock

69 individual criteria per stock, every one traceable See the method →

Price vs Fair Value

622.18 IDR 100.00 IDR Fair Value 151.21 IDR Apr 2021 Sep 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Sep 24, 2026.

How to read this chart

60‑month range 100.00 IDR – 622.18 IDR · the 131.00 IDR price screens below the 151.21 IDR fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Sep 24, 2026.

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Company profile

PT Transkon Jaya Tbk engages in vehicle rental services in Indonesia.

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PT Transkon Jaya Tbk engages in vehicle rental services in Indonesia. It rents light vehicles and trucks, buses, manhaul units, ambulances, service body vehicles, rescue vehicles, and other specialist vehicles, as well as trades in spare parts and car accessories, information and communication services, wholesale and retail activities, and repair and maintenance of cars and motorcycles. The company also provides internet services. It serves the mining, oil and gas, plantation, and construction industries. The company was founded in 2002 and is headquartered in Balikpapan, Indonesia. PT Transkon Jaya Tbk operates as a subsidiary of PT Samindo Resources Tbk.

Stock analysis

Transkon Jaya Pt (TRJA) currently trades at 131.00 IDR, while our model-based Fair Value estimate is 151.21 IDR, implying the stock looks roughly 13.4% undervalued today.

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Valuation

Bull case: the DCF Models group reads highest at a median of 996.09 IDR per share, and 15 of the 23 models we run sit above the 131.00 IDR price.

Bear case: the Earnings-Based group reads lowest at 32.69 IDR, and 8 of the 23 models stay below the price. Evidence for this calculation is low.

Quality & growth

The Quality Score stands at 54/100 (solid quality), in the Industrials sector.

Mixed Growth: Revenue is growing, but margins or cash flow do not fully confirm the trend.

Transkon Jaya Pt reported revenue of 508B IDR in FY2025 versus 403B IDR in FY2021, a compound +6.0%/yr. Reported net income was 3.2B IDR in FY2025, compounding −48.4%/yr from FY2021.

Key figures

Market cap 198B IDR (≈ $11.1M) · P/E ratio 4.1 · P/S ratio 0.03 · EPS (TTM) 32.13 IDR · Net margin 0.6% · Return on equity 0.1% · Return on assets (EBIT) 7.4% · Operating margin 1.8%.

Competitive moat

Our AI-assisted moat analysis scores the competitive advantage at 32 out of 100 (medium confidence).

What moves the price

The share trades about 34% below its 52-week high and 31% above its 52-week low, currently below its 200-day average.

For context, the median of 10 Industrials peers we cover trades at −13% fair-value upside, at 15%, TRJA screens cheaper than that median.

Fair Value models

Bear 151.21 IDR Fair Value 151.21 IDR Bull 151.21 IDR
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above is their evidence-weighted blend, not the output of a single model. Based on fiscal year 2025 figures (about 9 months old). Earnings retained since then (23.59 IDR per share) are deliberately not added. 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 ⓘEvidence = how well-backed THIS model's estimate is for this stock (0–100): how complete and reliable its input data are, and how well the model fits the company. The final Fair Value is an evidence-weighted blend, so better-evidenced models count more. Green ≥70, amber 50–69, grey below 50.
Highest evidence
FCF DCF 1,339 IDR 1,875 IDR 2,600 IDR 81
Growth DCF 1,376 IDR 1,875 IDR 2,521 IDR 79
Owner Earnings 1,357 IDR 1,900 IDR 2,635 IDR 77
All 23 models by family
DCF Models
FCF DCF 1,339 IDR 1,875 IDR 2,600 IDR 81
Owner Earnings 1,357 IDR 1,900 IDR 2,635 IDR 77
5Y Revenue Exit 576.96 IDR 671.78 IDR 770.67 IDR 74
5Y EBITDA Exit 1,248 IDR 1,857 IDR 2,527 IDR 75
5Y P/E Exit 525.15 IDR 580.35 IDR 626.03 IDR 72
10Y Revenue Exit 859.14 IDR 996.09 IDR 1,136 IDR 68
10Y EBITDA Exit 1,272 IDR 1,776 IDR 2,378 IDR 69
10Y P/E Exit 830.86 IDR 935.92 IDR 1,034 IDR 65
Earnings-Based
Graham-Dodd 14.63 IDR 32.69 IDR 41.77 IDR 65
PEG = 1.0 5.30 IDR 7.57 IDR 9.84 IDR 57
EPV 96.76 IDR 112.18 IDR 125.48 IDR 74
Multiples
P/E Multiple 33.88 IDR 45.18 IDR 56.47 IDR 63
P/S Multiple 27.43 IDR 36.57 IDR 45.71 IDR 58
P/B Multiple 27.43 IDR 36.57 IDR 45.71 IDR 55
EV/EBIT 168.42 IDR 224.86 IDR 281.29 IDR 66
EV/EBITDA 1,367 IDR 1,823 IDR 2,279 IDR 67
EV/Revenue 119.96 IDR 171.74 IDR 223.53 IDR 53
Asset-Based
NCAV (Graham) 128.42 IDR 172.08 IDR 256.84 IDR 54
Growth DCF
Growth DCF 1,376 IDR 1,875 IDR 2,521 IDR 79
Rev-Margin DCF 576.96 IDR 699.31 IDR 841.36 IDR 74
Economic Profit
Residual Income 171.76 IDR 157.66 IDR 111.10 IDR 76
ROIC Compounder 96.76 IDR 112.18 IDR 125.48 IDR 72
Growth Earnings
Growth-Adj P/E 25.28 IDR 36.12 IDR 46.96 IDR 67

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Quality Score breakdown

Overall quality 54/100

Of which business quality 56 · Market factors (momentum, volatility) 39

Profitability 23
Margins and returns on capital today
Quality Growth 12
Are margins and returns improving?
Cashflow 99
Earnings quality: real cash, not paper profit
Fin. Strength 39
Balance sheet, leverage, solvency risk
Investment 92
Disciplined investing over empire-building
Low Volatility 54
Calm price path (market factor)
Momentum 41
Price trend over the last 3–12 months (market factor)
52W Momentum 19
Distance to the 52-week high (market factor)
Net Issuance 82
Share count: buybacks or dilution?

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Revenue & earnings trend

Growth Quality ⓘGrowth is valuable only when reinvestment earns attractive returns (Aswath Damodaran): sustainable growth depends on return on capital, reinvestment and efficiency. Basis: total company revenue over the periods shown on the cards (3Y/5Y/all years), not per share, so a merger can show up as a growth jump; per-share earnings growth is in the value-creation card. 62/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Revenue growth 1 year
−14.6%
Revenue growth 3 years ⓘ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. Per-share growth (which does include buybacks) is in the value-creation card.
+1.7%
Revenue growth 5 years ⓘ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. Per-share growth (which does include buybacks) is in the value-creation card.
+4.8%
Start year 2020 (pandemic)
Revenue growth 8 years ⓘ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. Per-share growth (which does include buybacks) is in the value-creation card.
+10.2%
What shareholders gained per year (last 5 years), in IDR ⓘWhat the business itself delivers per year: earnings growth per share plus the dividend yield. This is what you get IF the market keeps valuing the stock the same way: it contains no assumption about the market changing its mind. Computed per share, so buybacks count and a merger does not pass as growth. For a company that pays no dividend it is pure earnings growth per share. Period: earnings growth per share as CAGR over the last 5 reported fiscal years (annual statements), plus the current dividend yield. The start value is the median of the three years around the start, so a single crisis year (a pandemic or a write-down) does not distort the rate. Measured in IDR: this currency has depreciated against the euro and dollar over the long run, so part of the nominal rate is currency erosion that never reaches a EUR/USD investor.
−41.1%
Earnings growth per share plus dividend.
Earnings per share, growth per year−41.1%
Dividend (yield on the price)0.0%
Profit margin 2020 to 2025 ⓘOperating margin then vs now, from reported annual statements. A falling margin after a boom year is the classic peak-earnings signal: the growth rate then leans on an inflated base.21% → 4%

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Peer Groupⓘ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.Rental & Leasing Services · 95 stocks

Beats the industry median on 4/10 measures
A mixed picture versus its industry peers.
Valuation
Quality Score 54 · Above median
Fair Value upside +15% · Below median
Profitability
Return on equity (TTM) 0% · Bottom 25%
Return on assets 0% · Bottom 25%
Net margin (TTM) 0% · Below median
Operating margin (TTM) 2% · Bottom 25%
Growth and dividend
Revenue growth −18% · Bottom 25%
Balance sheet
Debt / equity 0.09× · Lowest 25%

Valuation Multiplesvs Rental & Leasing Services median · lower = cheaper

P/E (TTM) 4.1× · Cheapest 25%
P/FCF 0.0× · Cheapest 25%

Strength profile in five axes (Snowflake)

VALUEFUTUREPASTHEALTHDIVIDEND
This stock
VALUEFUTUREPASTHEALTHDIVIDEND
Sector peers
VALUE (fair-value potential)54 · sector 69
FUTURE (revenue growth)0 · sector 27
PAST (return on equity)0 · sector 29
HEALTH (low debt)96 · sector 64
DIVIDEND (yield)0 · sector 44

Context: sector, industry, market

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

Similar stocks

10 more Rental & Leasing Services stocks, each showing price versus our Fair Value estimate.

Stock Price Fair Value vs Fair Value
United Rentals, Inc URI $1,032 $437.82 −58%
Sunbelt Rentals Holdings SUNB $75.67 $65.76 −13%
AerCap Holdings AER $144.76 $227.63 +57%
U-Haul Holding UHAL $61.58 $7.57 −88%
Ryder System, Inc R $236.50 $161.47 −32%
Element Fleet Management Corp EFN C$24.42 C$21.24 −13%
BOC Aviation Limited 2588 HK$71.60 HK$145.98 +104%
GATX Corporation GATX $183.01 $128.33 −30%
Avis Budget Group CAR $107.73 $158.81 +47%
WillScot Holdings WSC $18.35 $43.19 +135%

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Cite: Fair Value Calculator (2026). "Transkon Jaya Pt Fair Value". https://www.fairvalue-calculator.com/stock/TRJA

Frequently asked questions

Is Transkon Jaya Pt (TRJA) overvalued or undervalued?
As of Sep 24, 2026, our model estimates a fair value of 151.21 IDR versus a price of 131.00 IDR, about +15% upside (undervalued).
What is the fair value of TRJA?
Our model-based fair value for Transkon Jaya Pt is 151.21 IDR (as of Sep 24, 2026), built from audited fundamentals. The current price: 131.00 IDR.
What is the quality score of TRJA?
Transkon Jaya Pt has a Quality Score of 54/100. 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 price target for Transkon Jaya Pt (TRJA)?
Our model-based price target is the fair value of 151.21 IDR (as of Sep 24, 2026) from 23 valuation models. It is a calculation from audited fundamentals, not an analyst target.
What is the Transkon Jaya Pt stock forecast for 2026?
Our models put fair value at 151.21 IDR, about +15% upside versus a price of 131.00 IDR (undervalued). The calculation is refreshed regularly with new filings.
What is the revenue of Transkon Jaya Pt (TRJA)?
Transkon Jaya Pt reported trailing-twelve-month revenue of about 460B IDR (latest available figure, as of Sep 24, 2026).
What is the intrinsic value of Transkon Jaya Pt (TRJA)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Transkon Jaya Pt it is 151.21 IDR per share (as of Sep 24, 2026), against a price of 131.00 IDR. It is the blended result of 23 valuation models (cash flow, earnings, asset, dividend).
Is Transkon Jaya Pt stock overvalued or undervalued in 2026?
As of Sep 24, 2026, TRJA trades below its calculated fair value: price 131.00 IDR, fair value 151.21 IDR, a gap of about +15% (undervalued). The calculation is refreshed with each new quarterly report, so the verdict can change during the year.
Is fair value the same as the market price of TRJA?
No. The price is what the market pays today (131.00 IDR); the fair value is what the company's own numbers justify (151.21 IDR). For Transkon Jaya Pt the two are 20.21 IDR per share apart. That gap is exactly why we show both numbers side by side.
How much is Transkon Jaya Pt worth?
The market values Transkon Jaya Pt at about 198B IDR (market capitalisation, as of Sep 24, 2026). Per share that is 131.00 IDR; our models calculate a fair value of 151.21 IDR per share.
What is the P/E ratio of TRJA?
Transkon Jaya Pt trades at a price-to-earnings ratio of 4.1 (as of Sep 24, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of 151.21 IDR is built from several models across several years.
How solid is the balance sheet of Transkon Jaya Pt (TRJA)?
Balance-sheet figures for Transkon Jaya Pt (as of Sep 24, 2026): return on equity 0.1%, debt of 0.09 per unit of equity. They feed the Quality Score of 54/100, which measures business quality independently of the share price.
How far is TRJA from its 52-week high?
Transkon Jaya Pt trades at 131.00 IDR, about 34% below its 52-week high of 198.00 IDR and 31% above the low of 100.00 IDR (as of Sep 24, 2026). Distance from the high says nothing about value: that is what the fair value of 151.21 IDR is for.
Which stocks are comparable to Transkon Jaya Pt?
From the same area (Industrials) we also value United Rentals, Inc, Sunbelt Rentals Holdings, AerCap Holdings, U-Haul Holding, among others. Each of them has its own fair-value calculation on this site using the same models, so the comparison is like for like.
Is Transkon Jaya Pt stock attractive at the current price?
The data as of Sep 24, 2026: price 131.00 IDR, calculated fair value 151.21 IDR (+15%), Quality Score 54/100, from 23 models. Whether that fits your horizon and risk tolerance is your call. We provide the calculation, not investment advice.
How is the fair value of TRJA calculated?
We run Transkon Jaya Pt through 23 models from four families: discounted cash flow, earnings models, asset and balance-sheet models, and dividend models. Every model gets the same audited fundamentals; the result is the weighted average of 151.21 IDR, with the spread shown as a cautious and an optimistic scenario.
Is it still worth investing in stocks now?
The global stock market currently sits 14.0 % above its aggregate fair value. Transkon Jaya Pt currently trades 15 % below its own fair value, and the market average says nothing about that. An expensive market is no reason to stay out and no reason to buy everything at once: keep a broad savings plan running, buy single stocks only with money you can do without, and hold part of your money liquid while the market is high. The full picture including sectors is on is it worth investing now.
What is the share price of Transkon Jaya Pt (TRJA)?
The closing price on Sep 24, 2026 was 131.00 IDR. Our model-based fair value is 151.21 IDR, about +15% upside (undervalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Transkon Jaya Pt right now?
The price is below even our cautious bear case (151.21 IDR). The market is more pessimistic than our downside scenario. Evidence is limited here (fewer models, shorter history), so the fair value is a rougher estimate than usual.

Key figures of Transkon Jaya Pt

How large is the market capitalisation of Transkon Jaya Pt (TRJA)?
The market capitalisation of Transkon Jaya Pt is 198B IDR (≈ $11.1M). The stock-market value of the whole company: share price times number of shares. It is what the market asks for the entire business today.
What is the P/S ratio of Transkon Jaya Pt (TRJA)?
The price-to-sales ratio of Transkon Jaya Pt is 0.03 (P/E × margin). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What are the earnings per share of Transkon Jaya Pt (TRJA)?
Earnings per share at Transkon Jaya Pt are 32.13 IDR (price ÷ EPS = P/E 4.1). Earnings per share over the last twelve months: total profit spread across every single share.
What is the net margin of Transkon Jaya Pt (TRJA)?
The net margin of Transkon Jaya Pt is 0.6% (fiscal year 2025). How much of every unit of revenue ends up as profit. 10% means 10 cents of profit per dollar of sales.
What is the return on equity of Transkon Jaya Pt (TRJA)?
The return on equity (ROE) of Transkon Jaya Pt is 0.1% (last twelve months). Profit relative to shareholders' equity, how efficiently the company works with its owners' money.
What is the EBIT return on assets of Transkon Jaya Pt (TRJA)?
On an EBIT basis the return on assets of Transkon Jaya Pt is 7.4% (avg 5y). Operating profit (EBIT) relative to everything the company owns, as a multi-year average. It describes the business model rather than one good or bad year.
What is the operating margin of Transkon Jaya Pt (TRJA)?
The operating margin of Transkon Jaya Pt is 1.8% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Transkon Jaya Pt (TRJA)?
Revenue at Transkon Jaya Pt is growing −18.1% versus a year earlier (3y avg +1.7%). How much revenue grew versus a year earlier (YoY). The 3-year average next to it puts the single year in context.
How fast are earnings growing at Transkon Jaya Pt (TRJA)?
Earnings per share at Transkon Jaya Pt are growing +21.7% versus a year earlier. How much earnings per share grew versus a year earlier.
How much free cash flow does Transkon Jaya Pt (TRJA) generate?
The free cash flow of Transkon Jaya Pt is 177B IDR (fiscal year 2025). The cash truly left after running and investing in the business, this is what pays dividends and buybacks.
How much net debt does Transkon Jaya Pt (TRJA) carry?
The net debt of Transkon Jaya Pt is 290B IDR (fiscal year 2025, ≈ 1.6 yrs of FCF). Debt minus cash on hand. The note shows how many years of free cash flow could in theory pay it off.
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