Trilogy International Partners (TSX:TRL) - Share price, News & Analysis

TRL fundamental analysis
Snowflake Score
Valuation	0/6
Future Growth	0/6
Past Performance	0/6
Financial Health	2/6
Dividends	0/6

TRL Stock Overview

Trilogy International Partners Inc., together with its subsidiaries, provides wireless voice and data communications services in New Zealand, Bolivia, and internationally.

Risk Analysis

Earnings have declined by 58.7% per year over past 5 years

Negative shareholders equity

Trilogy International Partners Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Trilogy International Partners
Historical stock prices
Current Share Price	CA$1.97
52 Week High	CA$2.77
52 Week Low	CA$1.53
Beta	0.56
1 Month Change	-5.74%
3 Month Change	-7.07%
1 Year Change	0.51%
3 Year Change	-27.57%
5 Year Change	-79.26%
Change since IPO	-80.00%

Shareholder Returns

	TRL	CA Wireless Telecom	CA Market
7D	-1.5%	0.07%	-0.7%
1Y	0.5%	-7.8%	5.2%

Return vs Industry: TRL exceeded the Canadian Wireless Telecom industry which returned -8% over the past year.

Return vs Market: TRL underperformed the Canadian Market which returned 4.8% over the past year.

Price Volatility

Is TRL's price volatile compared to industry and market?
TRL volatility
TRL Average Weekly Movement	4.3%
Wireless Telecom Industry Average Movement	8.8%
Market Average Movement	9.8%
10% most volatile stocks in CA Market	16.9%
10% least volatile stocks in CA Market	4.3%

Stable Share Price: TRL is less volatile than 75% of Canadian stocks over the past 3 months, typically moving +/- 4% a week.

Volatility Over Time: TRL's weekly volatility (4%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
1982	1,664	Brad Horwitz	https://www.trilogy-international.com

Trilogy International Partners Inc., together with its subsidiaries, provides wireless voice and data communications services in New Zealand, Bolivia, and internationally. It offers prepaid and postpaid payment plans, including local, international long distance, and roaming services to customers and international visitors roaming on its networks. The company also provides fixed broadband communications to residential and enterprise customers, as well as a range of mobile and fixed line services in New Zealand and Australia; and fixed public telephony and wireless broadband services in Bolivia.

Trilogy International Partners Fundamentals Summary

How do Trilogy International Partners's earnings and revenue compare to its market cap?
TRL fundamental statistics
Market Cap	US$131.49m
Earnings (TTM)	-US$165.76m
Revenue (TTM)	US$639.59m

0.2x

P/S Ratio

-0.8x

P/E Ratio

Is TRL overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report
TRL income statement (TTM)
Revenue	US$639.59m
Cost of Revenue	US$298.24m
Gross Profit	US$341.35m
Other Expenses	US$507.11m
Earnings	-US$165.76m

Last Reported Earnings

Mar 31, 2022

Next Earnings Date

n/a

Earnings per share (EPS)	-1.93
Gross Margin	53.37%
Net Profit Margin	-25.92%
Debt/Equity Ratio	-247.9%

How did TRL perform over the long term?

See historical performance and comparison

Valuation

Is Trilogy International Partners undervalued compared to its fair value and its price relative to the market?

Valuation Score

0/6

Valuation Score 0/6

Below Fair Value
Significantly Below Fair Value
PE vs Industry
PE vs Market
PEG Ratio
PB vs Industry

In this section, we usually try to help investors determine whether Trilogy International Partners is trading at an attractive price based on the cash flow it is expected to produce in the future. But as Trilogy International Partners has not provided consistent financial data, and the stock also has no analyst forecast or coverage, its intrinsic value cannot be reliably calculated by extrapolating past data or using analyst consensus cash flow predictions.

This is quite a rare situation as 89% of companies covered by Simply Wall St do have a valuation analysis.

Future Growth

How is Trilogy International Partners forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

Future Growth Score

0/6

Future Growth Score 0/6

Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Future ROE

30.7%

Forecasted Telecom industry annual growth in earnings

In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Trilogy International Partners has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.

Past Performance

How has Trilogy International Partners performed over the past 5 years?

Past Performance Score

0/6

Past Performance Score 0/6

Quality Earnings
Growing Profit Margin
Earnings Trend
Accelerating Growth
Earnings vs Industry
High ROE

-58.7%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: TRL is currently unprofitable.

Growing Profit Margin: TRL is currently unprofitable.

Past Earnings Growth Analysis

Earnings Trend: TRL is unprofitable, and losses have increased over the past 5 years at a rate of 58.7% per year.

Accelerating Growth: Unable to compare TRL's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: TRL is unprofitable, making it difficult to compare its past year earnings growth to the Wireless Telecom industry (0.2%).

Return on Equity

High ROE: TRL's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.

Financial Health

How is Trilogy International Partners's financial position?

Financial Health Score

2/6

Financial Health Score 2/6

Short Term Liabilities
Long Term Liabilities
Debt Level
Reducing Debt
Stable Cash Runway
Forecast Cash Runway

Financial Position Analysis

Short Term Liabilities: TRL has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.

Long Term Liabilities: TRL has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.

Debt to Equity History and Analysis

Debt Level: TRL has negative shareholder equity, which is a more serious situation than a high debt level.

Reducing Debt: TRL's has negative shareholder equity, so we do not need to check if its debt has reduced over time.

Balance Sheet

Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: TRL has sufficient cash runway for more than a year based on its current free cash flow.

Forecast Cash Runway: TRL has sufficient cash runway for 1.5 years if free cash flow continues to reduce at historical rates of 5.1% each year.

Dividend

What is Trilogy International Partners's current dividend yield, its reliability and sustainability?

Dividend Score

0/6

Dividend Score 0/6

Notable Dividend
High Dividend
Stable Dividend
Growing Dividend
Earnings Coverage
Future Dividend Coverage

Dividend Yield vs Market

Notable Dividend: Unable to evaluate TRL's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate TRL's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.

Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if TRL's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if TRL's dividend payments have been increasing.

Earnings Payout to Shareholders

Earnings Coverage: TRL is not paying a notable dividend for the Canadian market.

Cash Payout to Shareholders

Cash Flow Coverage: Unable to calculate sustainability of dividends as TRL has not reported any payouts.

Discover strong dividend paying companies

Management

How experienced are the management team and are they aligned to shareholders interests?

17.3yrs

Average management tenure

CEO

Brad Horwitz (65 yo)

17.33yrs

Tenure

US$1,108,899

Compensation

Mr. Bradley Jay Horwitz, also known as Brad, joined the Board of Two Degrees Mobile Limited as a Non-Executive Director on 25 September 2018, having served on the boards of other 2degrees companies since M...

CEO Compensation Analysis

Compensation vs Market: Brad's total compensation ($USD1.11M) is above average for companies of similar size in the Canadian market ($USD169.88K).

Compensation vs Earnings: Brad's compensation has increased whilst the company is unprofitable.

Leadership Team

Experienced Management: TRL's management team is seasoned and experienced (17.3 years average tenure).

Board Members

Experienced Board: TRL's board of directors are considered experienced (5.3 years average tenure).

Ownership

Who are the major shareholders and have insiders been buying or selling?

Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.

Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.

Data	Last Updated (UTC time)
Company Analysis	2022/05/24 00:00
End of Day Share Price	2022/05/24 00:00
Earnings	2022/03/31
Annual Earnings	2021/12/31