TRINITY CAPITAL INC (TRIN) Stock Fundamental Analysis
NASDAQ:TRIN - Nasdaq - US8964423086 - Common Stock - Currency: USD
TRIN gets a fundamental rating of 4 out of 10. The analysis compared the fundamentals against 233 industry peers in the Capital Markets industry. There are concerns on the financial health of TRIN while its profitability can be described as average. TRIN is not valued too expensively and it also shows a decent growth rate.
1. Profitability
1.1 Basic Checks
In the past year TRIN was profitable.
TRIN had a negative operating cash flow in the past year.
In multiple years TRIN reported negative net income over the last 5 years.
TRIN had a negative operating cash flow in each of the past 5 years.
1.2 Ratios
TRIN has a better Return On Assets (6.90%) than 82.83% of its industry peers.
Looking at the Return On Equity, with a value of 15.38%, TRIN is in the better half of the industry, outperforming 79.40% of the companies in the same industry.
The Return On Invested Capital of TRIN (5.42%) is better than 66.09% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 6.9% | ||
| ROE | 15.38% | ||
| ROIC | 5.42% |
ROA(3y)N/A
ROA(5y)N/A
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
TRIN's Profit Margin of 50.74% is amongst the best of the industry. TRIN outperforms 92.70% of its industry peers.
In the last couple of years the Profit Margin of TRIN has declined.
TRIN has a better Operating Margin (48.72%) than 82.83% of its industry peers.
TRIN's Operating Margin has been stable in the last couple of years.
TRIN has a Gross Margin of 73.30%. This is in the better half of the industry: TRIN outperforms 78.97% of its industry peers.
In the last couple of years the Gross Margin of TRIN has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 48.72% | ||
| PM (TTM) | 50.74% | ||
| GM | 73.3% |
OM growth 3Y0.73%
OM growth 5YN/A
PM growth 3Y-32.9%
PM growth 5YN/A
GM growth 3Y-0.66%
GM growth 5YN/A
2. Health
2.1 Basic Checks
There is no outstanding debt for TRIN. This means it has a Debt/Equity and Debt/FCF ratio of 0 and it is amongst the best of the sector and industry.
2.2 Solvency
Based on the Altman-Z score of 0.87, we must say that TRIN is in the distress zone and has some risk of bankruptcy.
TRIN has a Altman-Z score (0.87) which is in line with its industry peers.
A Debt/Equity ratio of 1.15 is on the high side and indicates that TRIN has dependencies on debt financing.
TRIN has a Debt to Equity ratio (1.15) which is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.15 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 0.87 |
ROIC/WACCN/A
WACCN/A
2.3 Liquidity
TRIN has a Current Ratio of 0.39. This is a bad value and indicates that TRIN is not financially healthy enough and could expect problems in meeting its short term obligations.
The Current ratio of TRIN (0.39) is worse than 81.12% of its industry peers.
TRIN has a Quick Ratio of 0.39. This is a bad value and indicates that TRIN is not financially healthy enough and could expect problems in meeting its short term obligations.
TRIN has a worse Quick ratio (0.39) than 81.12% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.39 | ||
| Quick Ratio | 0.39 |
3. Growth
3.1 Past
TRIN shows a slight negative growth in Earnings Per Share. In the last year, the EPS has decreased by -3.13%.
The Earnings Per Share has been growing by 14.21% on average over the past years. This is quite good.
Looking at the last year, TRIN shows a very strong growth in Revenue. The Revenue has grown by 32.42%.
The Revenue has been growing by 42.47% on average over the past years. This is a very strong growth!
EPS 1Y (TTM)-3.13%
EPS 3Y14.21%
EPS 5YN/A
EPS Q2Q%-3.7%
Revenue 1Y (TTM)32.42%
Revenue growth 3Y42.47%
Revenue growth 5YN/A
Sales Q2Q%29.6%
3.2 Future
TRIN is expected to show a decrease in Earnings Per Share. In the coming years, the EPS will decrease by -3.32% yearly.
Based on estimates for the next years, TRIN will show a small growth in Revenue. The Revenue will grow by 3.66% on average per year.
EPS Next Y-3.8%
EPS Next 2Y-2.37%
EPS Next 3Y-3.32%
EPS Next 5YN/A
Revenue Next Year18.82%
Revenue Next 2Y11.63%
Revenue Next 3Y3.66%
Revenue Next 5YN/A
3.3 Evolution
The EPS growth rate is decreasing: in the next years the growth will be less than in the last years.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings ratio is 6.64, which indicates a rather cheap valuation of TRIN.
TRIN's Price/Earnings ratio is rather cheap when compared to the industry. TRIN is cheaper than 90.13% of the companies in the same industry.
TRIN is valuated cheaply when we compare the Price/Earnings ratio to 27.47, which is the current average of the S&P500 Index.
Based on the Price/Forward Earnings ratio of 6.90, the valuation of TRIN can be described as very cheap.
TRIN's Price/Forward Earnings ratio is rather cheap when compared to the industry. TRIN is cheaper than 93.99% of the companies in the same industry.
When comparing the Price/Forward Earnings ratio of TRIN to the average of the S&P500 Index (21.91), we can say TRIN is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 6.64 | ||
| Fwd PE | 6.9 |
4.2 Price Multiples
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
TRIN's earnings are expected to decrease with -3.32% in the coming years. This may justify a cheaper valuation.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-2.37%
EPS Next 3Y-3.32%
5. Dividend
5.1 Amount
TRIN has a Yearly Dividend Yield of 14.28%, which is a nice return.
Compared to an average industry Dividend Yield of 8.10, TRIN pays a better dividend. On top of this TRIN pays more dividend than 89.70% of the companies listed in the same industry.
Compared to an average S&P500 Dividend Yield of 2.37, TRIN pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 14.28% |
5.2 History
TRIN has been paying a dividend for over 5 years, so it has already some track record.
The dividend of TRIN decreased recently.
Dividend Growth(5Y)N/A
Div Incr Years0
Div Non Decr Years1
5.3 Sustainability
86.50% of the earnings are spent on dividend by TRIN. This is not a sustainable payout ratio.
DP86.5%
EPS Next 2Y-2.37%
EPS Next 3Y-3.32%
14.41
-0.03 (-0.21%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupFinancial Services
GICS IndustryCapital Markets
Earnings (Last)
Earnings (Next)
Inst Owners28.3%
Inst Owner Change0%
Ins Owners5.47%
Ins Owner Change-2.91%
Market Cap931.61M
Analysts82.86
Price Target16.38 (13.67%)
Short Float %2.25%
Short Ratio2.16
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 14.28% |
Yearly Dividend1.95
Dividend Growth(5Y)N/A
DP86.5%
Div Incr Years0
Div Non Decr Years1
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)2.66%
Min EPS beat(2)-2.5%
Max EPS beat(2)7.82%
EPS beat(4)2
Avg EPS beat(4)1.82%
Min EPS beat(4)-2.5%
Max EPS beat(4)7.82%
EPS beat(8)3
Avg EPS beat(8)1.74%
EPS beat(12)6
Avg EPS beat(12)2.1%
EPS beat(16)9
Avg EPS beat(16)4.69%
Revenue beat(2)1
Avg Revenue beat(2)1.27%
Min Revenue beat(2)-4.19%
Max Revenue beat(2)6.72%
Revenue beat(4)3
Avg Revenue beat(4)3.24%
Min Revenue beat(4)-4.19%
Max Revenue beat(4)9.05%
Revenue beat(8)6
Avg Revenue beat(8)2.82%
Revenue beat(12)9
Avg Revenue beat(12)3.97%
Revenue beat(16)13
Avg Revenue beat(16)5.68%
PT rev (1m)-0.94%
PT rev (3m)-2.65%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-1.25%
EPS NY rev (1m)-0.31%
EPS NY rev (3m)-1.71%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-0.38%
Revenue NY rev (1m)0.27%
Revenue NY rev (3m)-1.36%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 6.64 | ||
| Fwd PE | 6.9 | ||
| P/S | 3.69 | ||
| P/FCF | N/A | ||
| P/OCF | N/A | ||
| P/B | 1.12 | ||
| P/tB | 1.12 | ||
| EV/EBITDA | N/A |
EPS(TTM)2.17
EY15.06%
EPS(NY)2.09
Fwd EY14.49%
FCF(TTM)-4.63
FCFYN/A
OCF(TTM)-4.62
OCFYN/A
SpS3.91
BVpS12.89
TBVpS12.89
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 6.9% | ||
| ROE | 15.38% | ||
| ROCE | 6.87% | ||
| ROIC | 5.42% | ||
| ROICexc | 5.45% | ||
| ROICexgc | 5.54% | ||
| OM | 48.72% | ||
| PM (TTM) | 50.74% | ||
| GM | 73.3% | ||
| FCFM | N/A |
ROA(3y)N/A
ROA(5y)N/A
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexcg growth 3YN/A
ROICexcg growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3Y0.73%
OM growth 5YN/A
PM growth 3Y-32.9%
PM growth 5YN/A
GM growth 3Y-0.66%
GM growth 5YN/A
F-Score4
Asset Turnover0.14
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.15 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | N/A | ||
| Cap/Depr | N/A | ||
| Cap/Sales | 0.2% | ||
| Interest Coverage | 2.12 | ||
| Cash Conversion | N/A | ||
| Profit Quality | N/A | ||
| Current Ratio | 0.39 | ||
| Quick Ratio | 0.39 | ||
| Altman-Z | 0.87 |
F-Score4
WACCN/A
ROIC/WACCN/A
Cap/Depr(3y)N/A
Cap/Depr(5y)N/A
Cap/Sales(3y)0.61%
Cap/Sales(5y)0.75%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-3.13%
EPS 3Y14.21%
EPS 5YN/A
EPS Q2Q%-3.7%
EPS Next Y-3.8%
EPS Next 2Y-2.37%
EPS Next 3Y-3.32%
EPS Next 5YN/A
Revenue 1Y (TTM)32.42%
Revenue growth 3Y42.47%
Revenue growth 5YN/A
Sales Q2Q%29.6%
Revenue Next Year18.82%
Revenue Next 2Y11.63%
Revenue Next 3Y3.66%
Revenue Next 5YN/A
EBIT growth 1Y28.55%
EBIT growth 3Y43.5%
EBIT growth 5YN/A
EBIT Next YearN/A
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y-83.48%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-83.77%
OCF growth 3YN/A
OCF growth 5YN/A