PT Teknologi Karya Digital Nusa Tbk (TRON) Fair Value & Analysis

Technology · ID · Market cap 298B IDR

Below-average quality, and screening another 90% overvalued on our models.

What matters now

• The price sits above even our optimistic bull case (13.10 IDR). The favourable scenario is already priced in.
• Weak quality (28/100) 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 (6.92 IDR to 13.10 IDR) leaves room in how you read the outcome.

Price vs Fair Value (3 years)

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 15, 2026.

How to read this chart

41‑month range 66.00 IDR – 418.00 IDR · fair‑value band 6.92 IDR – 13.10 IDR · the 103.00 IDR price screens above the 10.48 IDR fair value. Dashed = 300-day average. As of Jul 15, 2026.

Full chart & analysis →

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

Analysis

PT Teknologi Karya Digital Nusa Tbk (TRON) currently trades at 103.00 IDR, while our model-based Fair Value estimate is 10.48 IDR, implying the stock looks roughly 89.8% overvalued today. The Quality Score stands at 28/100 (below-average 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: low).

Over the trailing twelve months, PT Teknologi Karya Digital Nusa Tbk generated revenue of 41.3B IDR at a net margin of -95.1%. Revenue declined 51.0% year over year. It earns a return on equity of -19.5%. Fundamentals as of Jul 15, 2026

Our scenario range runs from 6.92 IDR (bear case) to 13.10 IDR (bull case); at 103.00 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 68% below its 52-week high and 72% above its 52-week low, currently below its 200-day average. For context, the median of 10 Technology peers we cover trades at -25% fair-value upside, at -90%, TRON 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.

Key figures & financial health

Quality Score breakdown

About the company

PT Teknologi Karya Digital Nusa Tbk engages in the IT transportation telematics and systems development activities to passenger and freight transportation industries in Indonesia.

Full company description

PT Teknologi Karya Digital Nusa Tbk engages in the IT transportation telematics and systems development activities to passenger and freight transportation industries in Indonesia. The company provides safety fleet management system, public transport and logistic solutions, intelligent traffic control system, Internet of Things (IoT) smart bus, tourism solutions, smart street lighting, digital payment solutions, transit-oriented development, terminal operating system, smart command center, railways monitoring solutions, identification and booking system, maintenance and LiDAR system. It also offers Software as a Service solution, including transit management, project management, and smart parking; and telematic smart devices for public transport, maritime and mining sector. In addition, the company provides business process outsourcing, which includes customer service management, human resources, information technology systems, and real-time performance reporting; three-wheel electric vehicle solutions; revolutionizing transportation; battery electric vehicle; new energy vehicle; battery energy storage system; and charging facilities for electric vehicles. PT Teknologi Karya Digital Nusa Tbk was founded in 2011 and is headquartered in Jakarta Utara, Indonesia.

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

Revenue & earnings trend

FY2022 – FY2025 · reported fiscal years

PT Teknologi Karya Digital Nusa Tbk reported revenue of 62.0B IDR in FY2025 versus 108B IDR in FY2022, a compound −16.8%/yr. Reported net income was −36.4B IDR in FY2025.

TRON screens 90% overvalued. Compare with International Business Machines Corporation →

Peer Group

Information Technology Services · 480 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.

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: 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.

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

Similar stocks

10 more Information Technology Services stocks, each showing price versus our Fair Value estimate (as of Jul 15, 2026).

Explore undervalued stocks

More undervalued Technology stocks →

Frequently asked questions

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.