Executive Summary
TIP Inc. is the parent of Trilogy International Partners LLC ("Trilogy LLC"), an international wireless and fixed broadband telecommunications operator formed by wireless industry veterans John Stanton, Theresa Gillespie and Brad Horwitz. More Details
Snowflake Analysis
Imperfect balance sheet with weak fundamentals.
Share Price & News
How has Trilogy International Partners's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: TRL is not significantly more volatile than the rest of Canadian stocks over the past 3 months, typically moving +/- 7% a week.
Volatility Over Time: TRL's weekly volatility (7%) has been stable over the past year.
Market Performance
7 Day Return
-1.6%
TRL
-0.09%
CA Wireless Telecom
0.5%
CA Market
1 Year Return
36.3%
TRL
39.6%
CA Wireless Telecom
40.1%
CA Market
Return vs Industry: TRL underperformed the Canadian Wireless Telecom industry which returned 39.6% over the past year.
Return vs Market: TRL underperformed the Canadian Market which returned 40.1% over the past year.
Shareholder returns
| TRL | Industry | Market | |
|---|---|---|---|
| 7 Day | -1.6% | -0.09% | 0.5% |
| 30 Day | 28.7% | 2.3% | 1.1% |
| 90 Day | 15.0% | 2.0% | 7.6% |
| 1 Year | 36.3%36.3% | 40.7%39.6% | 44.8%40.1% |
| 3 Year | -60.9%-61.3% | 71.2%65.9% | 31.8%19.2% |
| 5 Year | n/a | 138.9%122.6% | 58.4%34.5% |
Long-Term Price Volatility Vs. Market
How volatile is Trilogy International Partners's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 month ago | Simply Wall St
Reflecting on Trilogy International Partners' (TSE:TRL) Share Price Returns Over The Last Three Years3 months ago | Simply Wall St
Returns On Capital At Trilogy International Partners (TSE:TRL) Paint An Interesting Picture4 months ago | Simply Wall St
The Co-Founder of Trilogy International Partners Inc. (TSE:TRL), Bradley Horwitz, Just Bought 15% More SharesValuation
Is Trilogy International Partners undervalued compared to its fair value and its price relative to the market?
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 3 analysts?
5.8%
Forecasted annual revenue growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: Insufficient data to determine if TRL's forecast earnings growth is above the savings rate (1.5%).
Earnings vs Market: Insufficient data to determine if TRL's earnings are forecast to grow faster than the Canadian market
High Growth Earnings: Insufficient data to determine if earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: TRL's revenue (5.8% per year) is forecast to grow slower than the Canadian market (7.2% per year).
High Growth Revenue: TRL's revenue (5.8% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if TRL's Return on Equity is forecast to be high in 3 years time
Past Performance
How has Trilogy International Partners performed over the past 5 years?
2.9%
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, but has reduced losses over the past 5 years at a rate of 2.9% 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 (-11.1%).
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 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 1.9 years if free cash flow continues to grow at historical rates of 6.6% each year.
Dividend
What is Trilogy International Partners's current dividend yield, its reliability and sustainability?
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.
Current Payout to Shareholders
Dividend Coverage: TRL is not paying a notable dividend for the Canadian market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of TRL's dividend in 3 years as they are not forecast to pay a notable one for the Canadian market.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
10.3yrs
Average management tenure
CEO
Brad Horwitz (64 yo)
15.25yrs
Tenure
US$1,040,577
Compensation
Mr. Bradley Jay Horwitz, also known as Brad, has been the President and Chief Executive Officer of Trilogy International Partners, Inc. since 2006 and has been its Non-Independent Director since February 7...
CEO Compensation Analysis
Compensation vs Market: Brad's total compensation ($USD1.04M) is above average for companies of similar size in the Canadian market ($USD152.25K).
Compensation vs Earnings: Brad's compensation has been consistent with company performance over the past year.
Leadership Team
Experienced Management: TRL's management team is seasoned and experienced (10.3 years average tenure).
Board Members
Experienced Board: TRL's board of directors are considered experienced (4.2 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.
Top Shareholders
Company Information
Trilogy International Partners Inc.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: Trilogy International Partners Inc.
- Ticker: TRL
- Exchange: TSX
- Founded: 1982
- Industry: Wireless Telecommunication Services
- Sector: Telecom
- Implied Market Cap: CA$133.224m
- Market Cap: CA$106.590m
- Shares outstanding: 84.67m
- Website: https://www.trilogy-international.com
Number of Employees
Location
- Trilogy International Partners Inc.
- 155 108th Avenue NE
- Suite 400
- Bellevue
- Washington
- 98004
- United States
Listings
Biography
TIP Inc. is the parent of Trilogy International Partners LLC ("Trilogy LLC"), an international wireless and fixed broadband telecommunications operator formed by wireless industry veterans John Stanton, Th...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/04/12 23:55 |
| End of Day Share Price | 2021/04/12 00:00 |
| Earnings | 2020/12/31 |
| Annual Earnings | 2020/12/31 |
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.