WinstonWınston
PT Trimegah Sekuritas Indonesia Tbk logo

PT Trimegah Sekuritas Indonesia Tbk

TRIM.JK
62
Financial - Capital Markets · Financial Services
Price
600.00 IDR
-10.00 (-1.64%)
Market Cap
4.27T IDR
Exchange
Indonesia Stock Exchange
Winston Score
62
Winston is curious
A decent business — some strong pillars, some weaker.
Data as of Aug 9, 2026 · filings through Jun 30, 2026

PT Trimegah Sekuritas Indonesia Tbk is an Indonesian financial services company that helps people and businesses buy and sell stocks, bonds, and other investments. It operates as a securities brokerage and investment bank, serving retail investors, corporations, and institutional clients in Indonesia's capital markets. The company also offers asset management and investment advisory services.

Trimegah makes money by charging commissions on trades, earning fees from underwriting stock and bond offerings, and collecting management fees from investment products. It operates primarily in Indonesia, listed on the Indonesia Stock Exchange, and benefits from being one of the more established mid-sized brokerages in a market where financial literacy and retail investing participation are still growing. The key growth driver is Indonesia's expanding middle class and increasing interest in stock market investing, though the business faces real risk from market downturns, which can sharply reduce trading volumes and fee income.

Winston Score History

Growth Profile

When traditional metrics don't capture the full picture, these are the signals growth stock investors use instead.

Revenue Growth

+64.4% YoY

YoY Growth Rate

Revenue accelerating

EPS Growth

+229.7% YoY

YoY Growth Rate

EPS growth accelerating

R&D Spend

$0/ year

0.0% of revenue

Below sector average (7%)

Research and development spending

Insider Activity

48.6%ownership

Insiders own a meaningful stake in the company

Cash Runway

~5 years

$4.8T cash & investments

Quarterly Free Cash Flow

↑ Burn rate improving

$4.8T cash & investments at current burn rate

Revenue accelerating

PT Trimegah Sekuritas Indonesia Tbk grew revenue 64% year-over-year and the growth rate is speeding up. That's the kind of momentum growth investors look for — the question is whether margins can follow.

The Winston Score above measures business quality today. Growth stocks often score lower because they invest in the future rather than maximising current profits. These metrics show what matters most for evaluating that future.

Share count broadly stable

0.0% over 4y

The share count has stayed roughly flat over this period — little dilution or buyback activity.

Diluted shares outstanding: 7.11B (2021) → 7.11B (2025)

Score breakdown

Every number that matters to educated investors.

Each metric is explained in plain language so you know exactly what you're looking at. Start your free trial now.

Quality

Gross Margin
97.2%
Premium pricing power — 97.2% gross margin
Operating Margin
52.4%
Excellent — 52.4% operating margin
ROCE
4.3%
Weak — 4.3% return on capital

ROIC between 0% and 5%. They earn a few cents back per dollar invested in the business.

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Growth

Sales YoY
+65.4%
Fast-growing sales (+65.4% YoY)
EPS YoY
+114.0%
Earnings growing fast (+114.0% YoY)

Earnings growing 25%+ a year. The compounder zone.

EPS Consistency
8/8 quarters
Every recent quarter grew earnings vs last year

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Cash Flow

Cash Conversion
-178%
Weak — only -178% of profit becomes cash
FCF Margin
-69.7%
Burning cash (-69.7%)

Free cash flow is negative. They are burning cash, not generating it.

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Stability

Debt / Equity
1.45
Elevated debt (1.45)
Interest Cover
3.89x
Tight — interest eats into profit (3.9x)

Interest coverage between 3 and 8. Profits cover interest several times over.

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Valuation

P/E Ratio (TTM)
6.0x
Attractive valuation — P/E 6.0

P/E under 10. The price tag is small relative to last year's profit.

P/E vs Forward
N/A
not available
Data not available

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Dividends

Dividend Yield
0.18%
Small dividend — 0.18% yield

Modest yield. The bulk of any return needs to come from price appreciation.

Dividend Growth
-83.7%
Dividend cut (-83.7% YoY) — warning sign

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free
🔒 See full fundamentals and if they are improving or declining — click here for your free trial now.
Start free trial