TRIMAS CORP (TRS) Stock Fundamental Analysis
USA - NASDAQ:TRS - US8962152091 - Common Stock
39.12 USD
-0.35 (-0.89%)
39.32 USD
+0.2 (+0.51%)
Overall TRS gets a fundamental rating of 5 out of 10. We evaluated TRS against 22 industry peers in the Containers & Packaging industry. While TRS seems to be doing ok healthwise, there are quite some concerns on its profitability. TRS is not valued too expensively and it also shows a decent growth rate.
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.
Of the past 5 years TRS 4 years were profitable.
TRS had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
With a Return On Assets value of 2.58%, TRS perfoms like the industry average, outperforming 50.00% of the companies in the same industry.
Looking at the Return On Equity, with a value of 5.22%, TRS is in line with its industry, outperforming 50.00% of the companies in the same industry.
Looking at the Return On Invested Capital, with a value of 4.16%, TRS is doing worse than 68.18% of the companies in the same industry.
Measured over the past 3 years, the Average Return On Invested Capital for TRS is below the industry average of 7.26%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.58% | ||
| ROE | 5.22% | ||
| ROIC | 4.16% |
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
TRS has a Profit Margin of 3.83%. This is comparable to the rest of the industry: TRS outperforms 59.09% of its industry peers.
In the last couple of years the Profit Margin of TRS has declined.
TRS's Operating Margin of 6.69% is on the low side compared to the rest of the industry. TRS is outperformed by 63.64% of its industry peers.
TRS's Operating Margin has declined in the last couple of years.
Looking at the Gross Margin, with a value of 22.59%, TRS is in the better half of the industry, outperforming 72.73% of the companies in the same industry.
TRS's Gross Margin has declined in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 6.69% | ||
| PM (TTM) | 3.83% | ||
| GM | 22.59% |
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
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so TRS is destroying value.
The number of shares outstanding for TRS has been reduced compared to 1 year ago.
The number of shares outstanding for TRS has been reduced compared to 5 years ago.
The debt/assets ratio for TRS is higher compared to a year ago.
2.2 Solvency
TRS has an Altman-Z score of 2.42. This is not the best score and indicates that TRS is in the grey zone with still only limited risk for bankruptcy at the moment.
With an excellent Altman-Z score value of 2.42, TRS belongs to the best of the industry, outperforming 81.82% of the companies in the same industry.
The Debt to FCF ratio of TRS is 13.43, which is on the high side as it means it would take TRS, 13.43 years of fcf income to pay off all of its debts.
The Debt to FCF ratio of TRS (13.43) is comparable to the rest of the industry.
A Debt/Equity ratio of 0.60 indicates that TRS is somewhat dependend on debt financing.
TRS's Debt to Equity ratio of 0.60 is amongst the best of the industry. TRS outperforms 81.82% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.6 | ||
| Debt/FCF | 13.43 | ||
| Altman-Z | 2.42 |
ROIC/WACC0.53
WACC7.8%
2.3 Liquidity
TRS has a Current Ratio of 2.59. This indicates that TRS is financially healthy and has no problem in meeting its short term obligations.
TRS's Current ratio of 2.59 is amongst the best of the industry. TRS outperforms 95.45% of its industry peers.
A Quick Ratio of 1.44 indicates that TRS should not have too much problems paying its short term obligations.
TRS has a better Quick ratio (1.44) than 90.91% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.59 | ||
| Quick Ratio | 1.44 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an nice 10.92% over the past year.
The Earnings Per Share has been decreasing by -0.59% on average over the past years.
Looking at the last year, TRS shows a small growth in Revenue. The Revenue has grown by 6.73% in the last year.
TRS shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 5.04% yearly.
EPS 1Y (TTM)10.92%
EPS 3Y-9.51%
EPS 5Y-0.59%
EPS Q2Q%41.86%
Revenue 1Y (TTM)6.73%
Revenue growth 3Y2.57%
Revenue growth 5Y5.04%
Sales Q2Q%14.25%
3.2 Future
TRS is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 20.17% yearly.
TRS is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 8.12% yearly.
EPS Next Y24.03%
EPS Next 2Y20.17%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year10.14%
Revenue Next 2Y8.12%
Revenue Next 3YN/A
Revenue Next 5YN/A
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
4. Valuation
4.1 Price/Earnings Ratio
TRS is valuated rather expensively with a Price/Earnings ratio of 20.27.
TRS's Price/Earnings is on the same level as the industry average.
Compared to an average S&P500 Price/Earnings ratio of 27.20, TRS is valued a bit cheaper.
A Price/Forward Earnings ratio of 16.32 indicates a correct valuation of TRS.
TRS's Price/Forward Earnings ratio is a bit more expensive when compared to the industry. TRS is more expensive than 68.18% of the companies in the same industry.
When comparing the Price/Forward Earnings ratio of TRS to the average of the S&P500 Index (22.70), we can say TRS is valued slightly cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 20.27 | ||
| Fwd PE | 16.32 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of TRS indicates a slightly more expensive valuation: TRS is more expensive than 68.18% of the companies listed in the same industry.
TRS's Price/Free Cash Flow ratio is in line with the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 50.12 | ||
| EV/EBITDA | 15.29 |
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.
TRS's earnings are expected to grow with 20.17% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.84
PEG (5Y)N/A
EPS Next 2Y20.17%
EPS Next 3YN/A
5. Dividend
5.1 Amount
With a yearly dividend of 0.41%, TRS is not a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 3.24, TRS is paying slightly less dividend.
With a Dividend Yield of 0.41, TRS pays less dividend than the S&P500 average, which is at 2.38.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.41% |
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
17.66% of the earnings are spent on dividend by TRS. This is a low number and sustainable payout ratio.
DP17.66%
EPS Next 2Y20.17%
EPS Next 3YN/A
39.12
-0.35 (-0.89%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryContainers & Packaging
Earnings (Last)
Earnings (Next)
Inst Owners103.13%
Inst Owner Change1.13%
Ins Owners5.87%
Ins Owner Change2.94%
Market Cap1.59B
Analysts80
Price Target40.22 (2.81%)
Short Float %9.18%
Short Ratio5.7
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.41% |
Yearly Dividend0.16
Dividend Growth(5Y)N/A
DP17.66%
Div Incr Years0
Div Non Decr Years3
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)19.64%
Min EPS beat(2)13.72%
Max EPS beat(2)25.56%
EPS beat(4)2
Avg EPS beat(4)2.34%
Min EPS beat(4)-19.44%
Max EPS beat(4)25.56%
EPS beat(8)4
Avg EPS beat(8)-3.73%
EPS beat(12)5
Avg EPS beat(12)-4.83%
EPS beat(16)7
Avg EPS beat(16)-3.77%
Revenue beat(2)2
Avg Revenue beat(2)4.97%
Min Revenue beat(2)1.64%
Max Revenue beat(2)8.31%
Revenue beat(4)2
Avg Revenue beat(4)1.16%
Min Revenue beat(4)-5.11%
Max Revenue beat(4)8.31%
Revenue beat(8)3
Avg Revenue beat(8)-1.9%
Revenue beat(12)4
Avg Revenue beat(12)-3.33%
Revenue beat(16)4
Avg Revenue beat(16)-3.06%
PT rev (1m)7.59%
PT rev (3m)15.47%
EPS NQ rev (1m)0%
EPS NQ rev (3m)13.49%
EPS NY rev (1m)11.67%
EPS NY rev (3m)11.67%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)5.27%
Revenue NY rev (1m)4.37%
Revenue NY rev (3m)4.37%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 20.27 | ||
| Fwd PE | 16.32 | ||
| P/S | 1.63 | ||
| P/FCF | 50.12 | ||
| P/OCF | 17.95 | ||
| P/B | 2.22 | ||
| P/tB | 9.71 | ||
| EV/EBITDA | 15.29 |
EPS(TTM)1.93
EY4.93%
EPS(NY)2.4
Fwd EY6.13%
FCF(TTM)0.78
FCFY2%
OCF(TTM)2.18
OCFY5.57%
SpS23.96
BVpS17.6
TBVpS4.03
PEG (NY)0.84
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.58% | ||
| ROE | 5.22% | ||
| ROCE | 5.19% | ||
| ROIC | 4.16% | ||
| ROICexc | 4.26% | ||
| ROICexgc | 7.75% | ||
| OM | 6.69% | ||
| PM (TTM) | 3.83% | ||
| GM | 22.59% | ||
| FCFM | 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%
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 Turnover0.67
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.6 | ||
| Debt/FCF | 13.43 | ||
| Debt/EBITDA | 3.28 | ||
| Cap/Depr | 87.86% | ||
| Cap/Sales | 5.84% | ||
| Interest Coverage | 3.38 | ||
| Cash Conversion | 68.19% | ||
| Profit Quality | 85.02% | ||
| Current Ratio | 2.59 | ||
| Quick Ratio | 1.44 | ||
| Altman-Z | 2.42 |
F-Score6
WACC7.8%
ROIC/WACC0.53
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)10.92%
EPS 3Y-9.51%
EPS 5Y-0.59%
EPS Q2Q%41.86%
EPS Next Y24.03%
EPS Next 2Y20.17%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)6.73%
Revenue growth 3Y2.57%
Revenue growth 5Y5.04%
Sales Q2Q%14.25%
Revenue Next Year10.14%
Revenue Next 2Y8.12%
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y-6.89%
EBIT growth 3Y-20.81%
EBIT growth 5Y-12.34%
EBIT Next Year53.18%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y44.84%
FCF growth 3Y-47.6%
FCF growth 5Y-22.52%
OCF growth 1Y24.54%
OCF growth 3Y-21.96%
OCF growth 5Y-3.34%