PT Pelat Timah Nusantara Tbk (ISX:NIKL) Research & Development: Rp185 Mil (TTM As of Jun. 2026)

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ISX:NIKL PT Pelat Timah Nusantara Tbk ISX:NIKL
64 GF Score
Price Rp194.00
GF Value Rp242.76
Valuation Modestly Undervalued
! 5 Warning Signs
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What is PT Pelat Timah Nusantara Tbk Research & Development?

PT Pelat Timah Nusantara Tbk ISX:NIKL -1.02% 64 Research & Development is Rp185 Mil as of Jun. 2026. GuruFocus rates ISX:NIKL with a GF Score™ of 64/100 and a GF Value™ of Rp242.76 (Modestly Undervalued). The stock has 5 warning signs investors should review.

Research & Development is the aggregate amount of research and development expenses during the year. PT Pelat Timah Nusantara Tbk's Research & Development for the three months ended in Jun. 2026 was Rp18 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Jun. 2026 was Rp185 Mil.

PT Pelat Timah Nusantara Tbk  (ISX:NIKL) Research & Development Explanation

If competitive advantage is created by a patent or tech advantage, at some point it will disappear.

High R&D usually dictates high SG&A which threatens the competitive advantage.

PT Pelat Timah Nusantara Tbk Research & Development Related Terms

PT Pelat Timah Nusantara Tbk Research & Development Historical Data

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The historical data trend for PT Pelat Timah Nusantara Tbk's Research & Development can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

PT Pelat Timah Nusantara Tbk Research & Development Chart

PT Pelat Timah Nusantara Tbk Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Research & Development
Get a 7-Day Free Trial Premium Member Only Premium Member Only 229.26 203.00 232.73 240.54 217.19

PT Pelat Timah Nusantara Tbk Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Research & Development Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 33.02 66.83 67.72 17.92
ISX:NIKL
64GF Score
PT Pelat Timah Nusantara Tbk ISX:NIKL
Research & Development is just one metric. See GF Score™, valuation, warning signs, and more.
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PT Pelat Timah Nusantara Tbk Research & Development Calculation

This is the expense the company spent on research and development.

Research & Development for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was Rp185 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Research & Development →
What does a Research & Development of Rp185 Mil mean?
PT Pelat Timah Nusantara Tbk (ISX:NIKL) has a Research & Development of Rp185 Mil as of Jun. 2026. Research and development expense is the total cost for research and development activities. View historical data on PT Pelat Timah Nusantara Tbk and its competitors.
Is PT Pelat Timah Nusantara Tbk's Research & Development too high?
PT Pelat Timah Nusantara Tbk's current Research & Development is Rp185 Mil. Overall, PT Pelat Timah Nusantara Tbk has a GF Score™ of 64/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does PT Pelat Timah Nusantara Tbk's Research & Development compare to CRS and ATI?
PT Pelat Timah Nusantara Tbk's Research & Development of Rp185 Mil can be compared against companies in the Industrial Products industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Research & Development for an Industrial Products company?
A good Research & Development depends on the Industrial Products industry context. However, Research & Development should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Research & Development mean?
A high Research & Development can signal that a stock is expensive relative to its fundamentals. Research and development expense is the total cost for research and development activities. View historical data on PT Pelat Timah Nusantara Tbk and its competitors. PT Pelat Timah Nusantara Tbk's current Research & Development is Rp185 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Pelat Timah Nusantara Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Pelat Timah Nusantara Tbk (ISX:NIKL) is currently considered Modestly Undervalued. The stock's GF Value™ is Rp242.76, compared to a current price of Rp194.00 — trading 20.1% below its estimated fair value. The current Research & Development is Rp185 Mil. PT Pelat Timah Nusantara Tbk's overall GF Score™ is 64/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Research & Development calculated?
Research & Development is calculated from a company's financial statements. For PT Pelat Timah Nusantara Tbk (ISX:NIKL), the current Research & Development is Rp185 Mil as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is PT Pelat Timah Nusantara Tbk (ISX:NIKL) Overvalued in 2026?

Based on GuruFocus' analysis, PT Pelat Timah Nusantara Tbk stock appears to be undervalued. The current stock price of Rp194.00 is trading 20.1% below its estimated GF Value™ of Rp242.76. GuruFocus considers PT Pelat Timah Nusantara Tbk to be Modestly Undervalued.

Key valuation signals for ISX:NIKL:

  • Research & Development: Rp185 Mil
  • GF Value™: Rp242.76 vs. price of Rp194.00 (20.1% below fair value)
  • GF Score™: 64/100 with 5 warning signs

No single metric tells the full story. See the ISX:NIKL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

PT Pelat Timah Nusantara Tbk Business Description

Address Gedung Krakatau Steel Lantai, 3rd Floor, Jl. Jend. Gatot Subroto Kav. 54, Jakarta, IDN, 12950
PT Pelat Timah Nusantara Tbk is an Indonesia-based manufacturer and distributor of tinplates and related products. The company offers tinplate products in the following forms: coil, sheet, and scroll. Its operating segment includes the Coil segment and Sheet segment, and generates a majority of its revenue from the Coil segment. The company also offers products in different specifications, tin-plated thicknesses, and sizes.
64GF Score

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Research & Development is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

Rp194.00
Price
Rp242.76
GF Value