Tron Inc. (TRON)Consumer Cyclical | Leisure | Winter Park, United States | NasdaqCM
1.18 USD
-0.03
(-2.083%) ⇩
(Oct. 15, 2026, 4 p.m.
EDT)
After hours: 1.16 -0.01 (-0.014%) ⇩ (Oct. 15, 2026, 6:20 p.m. EDT) |
Hot Take ↕ | Oct. 10, 2026, 8:41 a.m. EDT
The investment case for this leisure sector stock is fundamentally broken. Despite a recent price surge that pushed the annual trajectory positive, the underlying business is deteriorating rapidly. The company is burning cash, with operating cash flow and free cash flow both deeply negative, while posting a loss per share and negative return on assets. Valuation metrics are absurd, trading at nearly 118 times sales with no earnings to justify the multiple. The recent price spike appears to be a speculative bubble fueled by crypto narratives rather than operational reality, as evidenced by the crushing negative momentum against the 50-day and 200-day moving averages. Crucially, the options market is screaming 'sell'; the open interest in out-of-the-money puts dwarfs that of calls, indicating that sophisticated traders are betting on a continued collapse rather than a continuation of the recent rally. There is no dividend to provide any cushion, and the balance sheet shows no signs of financial strength. This is a classic value trap where the price has temporarily detached from the rotting fundamentals, but the options flow suggests the market is ready to correct that error sharply. |
| Model | MAE |
|---|---|
| AutoARIMA ✓ | 0.079548 |
| AutoETS | 0.080418 |
| MSTL | 0.082014 |
| AutoTheta | 0.093919 |
Forecast horizon: 45 days | Selected: AutoARIMA
| Forecast Reliability | |
|---|---|
| Score | 23% |
| H-stat | 1.05 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.000 |
| Excess Kurtosis | 0.93 |
| Attribute | Value |
|---|---|
| Sector | Consumer Cyclical |
| Debt to Equity Ratio | 0.228 |
| Revenue per Share | 0.018 |
| Market Cap | 557,398,912 |
| Beta | 8.70 |
| Profit Margins | 135.61% |
| Previous Name | SRM Entertainment, Inc. |
| Website | https://www.srmentertainment.com |
As of Oct. 10, 2026, 8:41 a.m. EDT: Speculators are positioning heavily for downside protection with deep out-of-the-money puts showing massive open interest relative to calls, particularly at strikes far below the current price. While there is some call activity at distant strikes, the overwhelming volume and open interest in puts suggest a bearish sentiment and a fear of significant further declines rather than an expectation of a rally.
| Attribute | Value |
|---|---|
| 52 Week Change | -0.61904764 |
| Address1 | 941 W. Morse Blvd |
| Address2 | Suite 100 |
| All Time High | 12.8 |
| All Time Low | 0.261 |
| Ask | 1.53 |
| Ask Size | 2 |
| Audit Risk | 9 |
| Average Daily Volume10 Day | 522,270 |
| Average Daily Volume3 Month | 879,357 |
| Average Volume | 879,357 |
| Average Volume10Days | 522,270 |
| Beta | 8.7 |
| Bid | 0.8712 |
| Bid Size | 2 |
| Board Risk | 9 |
| Book Value | 0.533 |
| City | Winter Park |
| Compensation As Of Epoch Date | 1,767,139,200 |
| Compensation Risk | 6 |
| Country | United States |
| Crypto Tradeable | 0 |
| Currency | USD |
| Current Price | 1.175 |
| Current Ratio | 27.401 |
| Custom Price Alert Confidence | HIGH |
| Date Short Interest | 1,790,726,400 |
| Day High | 1.2 |
| Day Low | 1.08 |
| Debt To Equity | 0.228 |
| Display Name | Tron |
| Dividend Yield | 0.0 |
| Earnings Growth | -0.39 |
| Earnings Quarterly Growth | 0.954 |
| Ebitda | -1,666,189 |
| Ebitda Margins | -0.32919997 |
| Enterprise To Ebitda | -329.183 |
| Enterprise To Revenue | 108.368 |
| Enterprise Value | 548,480,448 |
| Eps Trailing Twelve Months | -0.25 |
| Esg Populated | 0 |
| Exchange | NCM |
| Exchange Data Delayed By | 15 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 1.5463 |
| Fifty Day Average Change | -0.3713001 |
| Fifty Day Average Change Percent | -0.24012163 |
| Fifty Two Week Change Percent | -61.904762 |
| Fifty Two Week High | 3.64 |
| Fifty Two Week High Change | -2.4650002 |
| Fifty Two Week High Change Percent | -0.6771978 |
| Fifty Two Week Low | 1.08 |
| Fifty Two Week Low Change | 0.09499991 |
| Fifty Two Week Low Change Percent | 0.08796287 |
| Fifty Two Week Range | 1.08 - 3.64 |
| Financial Currency | USD |
| First Trade Date Milliseconds | 1,692,106,200,000 |
| Float Shares | 46,849,973 |
| Free Cashflow | -11,548,823 |
| Full Exchange Name | NasdaqCM |
| Fullday Change | -0.039499998 |
| Fullday Change Percent | -3.2916663 |
| Fullday Price | 1.175 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Governance Epoch Date | 1,790,812,800 |
| Gross Margins | 0.24654 |
| Gross Profits | 1,247,811 |
| Has Pre Post Market Data | 1 |
| Held Percent Insiders | 0.89228994 |
| Held Percent Institutions | 0.0279 |
| Implied Shares Outstanding | 474,382,064 |
| Industry | Leisure |
| Industry Disp | Leisure |
| Industry Key | leisure |
| Language | en-US |
| Last Fiscal Year End | 1,767,139,200 |
| Long Business Summary | Tron Inc. designs, manufactures, and sells toys and souvenirs to theme parks and entertainment venues in the United States, China, Japan, and Europe. The company offers a range of products, including figures, plush, accessories, apparel, and homeware. It serves content providers and consumers. The company was formerly known as SRM Entertainment, Inc. and changed its name to Tron Inc. in July 2025. The company is headquartered in Winter Park, Florida. |
| Long Name | Tron Inc. |
| Market | us_market |
| Market Cap | 557,398,912 |
| Market State | POSTPOST |
| Max Age | 86,400 |
| Message Board Id | finmb_214534845 |
| Most Recent Quarter | 1,782,777,600 |
| Name Change Date | 2,026-10-15 |
| Net Income To Common | 6,863,761 |
| Next Fiscal Year End | 1,798,675,200 |
| Non Diluted Market Cap | 697,341,634 |
| Open | 1.18 |
| Operating Cashflow | -2,237,510 |
| Operating Margins | -0.32474998 |
| Overall Risk | 8 |
| Payout Ratio | 0.0 |
| Phone | 407 230 8100 |
| Post Market Change | -0.014499903 |
| Post Market Change Percent | -1.2340343 |
| Post Market Price | 1.1605 |
| Post Market Time | 1,792,102,857 |
| Prev Name | SRM Entertainment, Inc. |
| Previous Close | 1.2 |
| Price Hint | 4 |
| Price To Book | 2.2045028 |
| Price To Sales Trailing12 Months | 110.12983 |
| Profit Margins | 1.3561301 |
| Quick Ratio | 13.371 |
| Quote Source Name | Nasdaq Real Time Price |
| Quote Type | EQUITY |
| Recommendation Key | none |
| Region | US |
| Regular Market Change | -0.0250001 |
| Regular Market Change Percent | -2.08334 |
| Regular Market Day High | 1.2 |
| Regular Market Day Low | 1.08 |
| Regular Market Day Range | 1.08 - 1.2 |
| Regular Market Open | 1.18 |
| Regular Market Previous Close | 1.2 |
| Regular Market Price | 1.175 |
| Regular Market Time | 1,792,094,400 |
| Regular Market Volume | 1,761,175 |
| Return On Assets | -0.00644 |
| Return On Equity | 0.03769 |
| Revenue Growth | 0.168 |
| Revenue Per Share | 0.018 |
| Sand P52 Week Change | 0.16440773 |
| Sector | Consumer Cyclical |
| Sector Disp | Consumer Cyclical |
| Sector Key | consumer-cyclical |
| Share Holder Rights Risk | 7 |
| Shares Outstanding | 474,382,064 |
| Shares Percent Shares Out | 0.018 |
| Shares Short | 8,547,872 |
| Shares Short Previous Month Date | 1,788,134,400 |
| Shares Short Prior Month | 8,932,304 |
| Short Name | Tron Inc. |
| Short Percent Of Float | 0.0339 |
| Short Ratio | 8.73 |
| Source Interval | 15 |
| State | FL |
| Symbol | TRON |
| Total Cash | 9,495,598 |
| Total Cash Per Share | 0.02 |
| Total Debt | 577,126 |
| Total Revenue | 5,061,289 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing Eps | -0.25 |
| Trailing Peg Ratio | None |
| Triggerable | 1 |
| Two Hundred Day Average | 1.69235 |
| Two Hundred Day Average Change | -0.5173501 |
| Two Hundred Day Average Change Percent | -0.30569923 |
| Type Disp | Equity |
| Volume | 1,761,175 |
| Website | https://www.srmentertainment.com |
| Zip | 32,789 |