TRIMAS CORP (TRS) Stock Fundamental Analysis
NASDAQ:TRS - Nasdaq - US8962152091 - Common Stock - Currency: USD
TRS gets a fundamental rating of 3 out of 10. The analysis compared the fundamentals against 24 industry peers in the Containers & Packaging industry. TRS scores quite bad on profitability, while its financial health is fine. Not spectacular, but in line with the averages. TRS has a valuation in line with the averages, but on the other hand it scores bad on growth.
1. Profitability
1.1 Basic Checks
TRS had positive earnings in the past year.
TRS had a positive operating cash flow in the past year.
TRS had positive earnings in 4 of the past 5 years.
Each year in the past 5 years TRS had a positive operating cash flow.
1.2 Ratios
The Return On Assets of TRS (1.83%) is comparable to the rest of the industry.
Looking at the Return On Equity, with a value of 3.63%, TRS is doing worse than 69.57% of the companies in the same industry.
TRS's Return On Invested Capital of 3.26% is on the low side compared to the rest of the industry. TRS is outperformed by 78.26% of its industry peers.
The Average Return On Invested Capital over the past 3 years for TRS is below the industry average of 7.64%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.83% | ||
| ROE | 3.63% | ||
| ROIC | 3.26% |
ROA(3y)3.3%
ROA(5y)1.52%
ROE(3y)6.57%
ROE(5y)3.03%
ROIC(3y)4.55%
ROIC(5y)4.78%
1.3 Margins
With a Profit Margin value of 2.62%, TRS perfoms like the industry average, outperforming 47.83% of the companies in the same industry.
TRS's Profit Margin has declined in the last couple of years.
TRS has a Operating Margin of 5.12%. This is in the lower half of the industry: TRS underperforms 73.91% of its industry peers.
In the last couple of years the Operating Margin of TRS has declined.
TRS's Gross Margin of 21.62% is fine compared to the rest of the industry. TRS outperforms 65.22% of its industry peers.
In the last couple of years the Gross Margin of TRS has declined.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 5.12% | ||
| PM (TTM) | 2.62% | ||
| GM | 21.62% |
OM growth 3Y-22.8%
OM growth 5Y-16.54%
PM growth 3Y-26.81%
PM growth 5Y-28.08%
GM growth 3Y-5.16%
GM growth 5Y-4.21%
2. Health
2.1 Basic Checks
TRS has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
TRS has less shares outstanding than it did 1 year ago.
Compared to 5 years ago, TRS has less shares outstanding
TRS has a worse debt/assets ratio than last year.
2.2 Solvency
An Altman-Z score of 1.84 indicates that TRS is not a great score, but indicates only limited risk for bankruptcy at the moment.
TRS has a Altman-Z score of 1.84. This is comparable to the rest of the industry: TRS outperforms 52.17% of its industry peers.
TRS has a debt to FCF ratio of 31.18. This is a negative value and a sign of low solvency as TRS would need 31.18 years to pay back of all of its debts.
TRS's Debt to FCF ratio of 31.18 is on the low side compared to the rest of the industry. TRS is outperformed by 69.57% of its industry peers.
TRS has a Debt/Equity ratio of 0.60. This is a neutral value indicating TRS is somewhat dependend on debt financing.
TRS has a better Debt to Equity ratio (0.60) than 86.96% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.6 | ||
| Debt/FCF | 31.18 | ||
| Altman-Z | 1.84 |
ROIC/WACC0.45
WACC7.28%
2.3 Liquidity
TRS has a Current Ratio of 2.68. This indicates that TRS is financially healthy and has no problem in meeting its short term obligations.
With an excellent Current ratio value of 2.68, TRS belongs to the best of the industry, outperforming 95.65% of the companies in the same industry.
TRS has a Quick Ratio of 1.36. This is a normal value and indicates that TRS is financially healthy and should not expect problems in meeting its short term obligations.
TRS's Quick ratio of 1.36 is amongst the best of the industry. TRS outperforms 82.61% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.68 | ||
| Quick Ratio | 1.36 |
3. Growth
3.1 Past
The earnings per share for TRS have decreased by -4.60% in the last year.
Measured over the past years, TRS shows a decrease in Earnings Per Share. The EPS has been decreasing by -0.59% on average per year.
The Revenue has been growing slightly by 3.52% in the past year.
Measured over the past years, TRS shows a small growth in Revenue. The Revenue has been growing by 5.04% on average per year.
EPS 1Y (TTM)-4.6%
EPS 3Y-9.51%
EPS 5Y-0.59%
EPS Q2Q%16.22%
Revenue 1Y (TTM)3.52%
Revenue growth 3Y2.57%
Revenue growth 5Y5.04%
Sales Q2Q%8.82%
3.2 Future
No EPS estimates are available, so we could not analyze the future EPS growth and evolution.
No Revenue estimates are available, so we could not analyze the future revenue growth and evolution.
EPS Next Y22.3%
EPS Next 2YN/A
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year5.7%
Revenue Next 2YN/A
Revenue Next 3YN/A
Revenue Next 5YN/A
3.3 Evolution
No EPS estimates are available, so we could not analyze the future EPS growth and evolution.
No Revenue estimates are available, so we could not analyze the future revenue growth and evolution.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 12.63, TRS is valued correctly.
78.26% of the companies in the same industry are more expensive than TRS, based on the Price/Earnings ratio.
TRS's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 29.75.
With a Price/Forward Earnings ratio of 10.32, the valuation of TRS can be described as very reasonable.
TRS's Price/Forward Earnings ratio is rather cheap when compared to the industry. TRS is cheaper than 86.96% of the companies in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 22.44. TRS is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 12.63 | ||
| Fwd PE | 10.32 |
4.2 Price Multiples
60.87% of the companies in the same industry are cheaper than TRS, based on the Enterprise Value to EBITDA ratio.
Based on the Price/Free Cash Flow ratio, TRS is valued a bit more expensive than 69.57% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 66.33 | ||
| EV/EBITDA | 10.76 |
4.3 Compensation for Growth
TRS's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
PEG (NY)0.57
PEG (5Y)N/A
EPS Next 2YN/A
EPS Next 3YN/A
5. Dividend
5.1 Amount
TRS has a yearly dividend return of 0.78%, which is pretty low.
Compared to an average industry Dividend Yield of 3.19, TRS is paying slightly less dividend.
Compared to an average S&P500 Dividend Yield of 2.30, TRS's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.78% |
5.2 History
TRS has been paying a dividend for over 5 years, so it has already some track record.
TRS has not decreased its dividend in the last 3 years.
Dividend Growth(5Y)N/A
Div Incr Years0
Div Non Decr Years3
5.3 Sustainability
TRS pays out 27.34% of its income as dividend. This is a sustainable payout ratio.
DP27.34%
EPS Next 2YN/A
EPS Next 3YN/A
20.96
+0.47 (+2.29%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryContainers & Packaging
Earnings (Last)
Earnings (Next)
Inst Owners104.19%
Inst Owner Change7.05%
Ins Owners1.38%
Ins Owner Change0.54%
Market Cap850.35M
Analysts77.14
Price Target34.83 (66.17%)
Short Float %7.19%
Short Ratio11.63
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.78% |
Yearly Dividend0.16
Dividend Growth(5Y)N/A
DP27.34%
Div Incr Years0
Div Non Decr Years3
Ex-Date
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-14.95%
Min EPS beat(2)-19.44%
Max EPS beat(2)-10.46%
EPS beat(4)1
Avg EPS beat(4)-10.15%
Min EPS beat(4)-20.05%
Max EPS beat(4)9.35%
EPS beat(8)3
Avg EPS beat(8)-6.98%
EPS beat(12)4
Avg EPS beat(12)-8.18%
EPS beat(16)7
Avg EPS beat(16)-3.59%
Revenue beat(2)0
Avg Revenue beat(2)-2.66%
Min Revenue beat(2)-5.11%
Max Revenue beat(2)-0.21%
Revenue beat(4)1
Avg Revenue beat(4)-0.9%
Min Revenue beat(4)-5.11%
Max Revenue beat(4)1.93%
Revenue beat(8)2
Avg Revenue beat(8)-4.07%
Revenue beat(12)2
Avg Revenue beat(12)-4.7%
Revenue beat(16)3
Avg Revenue beat(16)-3.5%
PT rev (1m)0%
PT rev (3m)0%
EPS NQ rev (1m)0%
EPS NQ rev (3m)0%
EPS NY rev (1m)0%
EPS NY rev (3m)0%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 12.63 | ||
| Fwd PE | 10.32 | ||
| P/S | 0.92 | ||
| P/FCF | 66.33 | ||
| P/OCF | 13.33 | ||
| P/B | 1.27 | ||
| P/tB | 5.67 | ||
| EV/EBITDA | 10.76 |
EPS(TTM)1.66
EY7.92%
EPS(NY)2.03
Fwd EY9.69%
FCF(TTM)0.32
FCFY1.51%
OCF(TTM)1.57
OCFY7.5%
SpS22.8
BVpS16.45
TBVpS3.69
PEG (NY)0.57
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.83% | ||
| ROE | 3.63% | ||
| ROCE | 4.06% | ||
| ROIC | 3.26% | ||
| ROICexc | 3.33% | ||
| ROICexgc | 6.08% | ||
| OM | 5.12% | ||
| PM (TTM) | 2.62% | ||
| GM | 21.62% | ||
| FCFM | 1.39% |
ROA(3y)3.3%
ROA(5y)1.52%
ROE(3y)6.57%
ROE(5y)3.03%
ROIC(3y)4.55%
ROIC(5y)4.78%
ROICexc(3y)4.82%
ROICexc(5y)5.17%
ROICexgc(3y)9.3%
ROICexgc(5y)10.22%
ROCE(3y)5.66%
ROCE(5y)5.96%
ROICexcg growth 3Y-26.13%
ROICexcg growth 5Y-19.63%
ROICexc growth 3Y-23.76%
ROICexc growth 5Y-16.4%
OM growth 3Y-22.8%
OM growth 5Y-16.54%
PM growth 3Y-26.81%
PM growth 5Y-28.08%
GM growth 3Y-5.16%
GM growth 5Y-4.21%
F-Score6
Asset Turnover0.7
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.6 | ||
| Debt/FCF | 31.18 | ||
| Debt/EBITDA | 3.56 | ||
| Cap/Depr | 78.5% | ||
| Cap/Sales | 5.51% | ||
| Interest Coverage | 2.53 | ||
| Cash Conversion | 56.82% | ||
| Profit Quality | 52.87% | ||
| Current Ratio | 2.68 | ||
| Quick Ratio | 1.36 | ||
| Altman-Z | 1.84 |
F-Score6
WACC7.28%
ROIC/WACC0.45
Cap/Depr(3y)86.35%
Cap/Depr(5y)84.94%
Cap/Sales(3y)5.59%
Cap/Sales(5y)5.46%
Profit Quality(3y)59.07%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-4.6%
EPS 3Y-9.51%
EPS 5Y-0.59%
EPS Q2Q%16.22%
EPS Next Y22.3%
EPS Next 2YN/A
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)3.52%
Revenue growth 3Y2.57%
Revenue growth 5Y5.04%
Sales Q2Q%8.82%
Revenue Next Year5.7%
Revenue Next 2YN/A
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y-32.21%
EBIT growth 3Y-20.81%
EBIT growth 5Y-12.34%
EBIT Next Year50.67%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y-62.26%
FCF growth 3Y-47.6%
FCF growth 5Y-22.52%
OCF growth 1Y-27.65%
OCF growth 3Y-21.96%
OCF growth 5Y-3.34%