| Snowflake Score | |
|---|---|
| Valuation | 3/6 |
| Future Growth | 1/6 |
| Past Performance | 2/6 |
| Financial Health | 5/6 |
| Dividends | 1/6 |
TRIFOR Stock Overview
Trifork Holding AG provides information technology and business services primarily in Switzerland, Denmark, the Netherlands, and the United Kingdom.
Trifork Holding Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | kr.205.50 |
| 52 Week High | kr.330.00 |
| 52 Week Low | kr.165.00 |
| Beta | 0 |
| 1 Month Change | -1.91% |
| 3 Month Change | -4.64% |
| 1 Year Change | n/a |
| 3 Year Change | n/a |
| 5 Year Change | n/a |
| Change since IPO | 17.03% |
Recent News & Updates
Shareholder Returns
| TRIFOR | DK IT | DK Market | |
|---|---|---|---|
| 7D | -5.5% | -6.4% | 0.7% |
| 1Y | n/a | -22.5% | 2.2% |
Return vs Industry: Insufficient data to determine how TRIFOR performed against the Danish IT industry.
Return vs Market: Insufficient data to determine how TRIFOR performed against the Danish Market.
Price Volatility
| TRIFOR volatility | |
|---|---|
| TRIFOR Average Weekly Movement | 6.8% |
| IT Industry Average Movement | 6.5% |
| Market Average Movement | 6.3% |
| 10% most volatile stocks in DK Market | 10.6% |
| 10% least volatile stocks in DK Market | 4.0% |
Stable Share Price: TRIFOR is not significantly more volatile than the rest of Danish stocks over the past 3 months, typically moving +/- 7% a week.
Volatility Over Time: TRIFOR's weekly volatility (7%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1996 | 950 | Jorn Larsen | https://www.trifork.com |
Trifork Holding AG provides information technology and business services primarily in Switzerland, Denmark, the Netherlands, and the United Kingdom. The company operates through two segments, Trifork and Trifork Labs. The Trifork segment focuses on the software development and operations of IT systems, including conferences and trainings.
Trifork Holding Fundamentals Summary
| TRIFOR fundamental statistics | |
|---|---|
| Market Cap | €544.06m |
| Earnings (TTM) | €29.35m |
| Revenue (TTM) | €159.00m |
18.5x
P/E Ratio3.4x
P/S RatioIs TRIFOR overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| TRIFOR income statement (TTM) | |
|---|---|
| Revenue | €159.00m |
| Cost of Revenue | €117.00m |
| Gross Profit | €42.00m |
| Other Expenses | €12.65m |
| Earnings | €29.35m |
Last Reported Earnings
Dec 31, 2021
Next Earnings Date
Aug 18, 2022
| Earnings per share (EPS) | 1.49 |
| Gross Margin | 26.41% |
| Net Profit Margin | 18.46% |
| Debt/Equity Ratio | 25.7% |
How did TRIFOR perform over the long term?
See historical performance and comparisonDividends
1.4%
Current Dividend Yield25%
Payout RatioValuation
Is Trifork Holding undervalued compared to its fair value and its price relative to the market?
Valuation Score
3/6Valuation Score 3/6
Below Fair Value
Significantly Below Fair Value
PE vs Industry
PE vs Market
PEG Ratio
PB vs Industry
>50%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: TRIFOR (DKK205.5) is trading below our estimate of fair value (DKK449.49)
Significantly Below Fair Value: TRIFOR is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: TRIFOR is good value based on its PE Ratio (18.5x) compared to the European IT industry average (21.5x).
PE vs Market: TRIFOR is poor value based on its PE Ratio (18.5x) compared to the Danish market (14.4x).
Price to Earnings Growth Ratio
PEG Ratio: TRIFOR's earnings are forecast to decline next year, so we can't calculate its PEG ratio.
Price to Book Ratio
PB vs Industry: TRIFOR is overvalued based on its PB Ratio (5x) compared to the DK IT industry average (3.7x).
Future Growth
How is Trifork Holding forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?
Future Growth Score
1/6Future Growth Score 1/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Future ROE
-17.8%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: TRIFOR's earnings are forecast to decline over the next 3 years (-17.8% per year).
Earnings vs Market: TRIFOR's earnings are forecast to decline over the next 3 years (-17.8% per year).
High Growth Earnings: TRIFOR's earnings are forecast to decline over the next 3 years.
Revenue vs Market: TRIFOR's revenue (11.3% per year) is forecast to grow faster than the Danish market (5.9% per year).
High Growth Revenue: TRIFOR's revenue (11.3% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: TRIFOR's Return on Equity is forecast to be low in 3 years time (14.9%).
Past Performance
How has Trifork Holding performed over the past 5 years?
Past Performance Score
2/6Past Performance Score 2/6
Quality Earnings
Growing Profit Margin
Earnings Trend
Accelerating Growth
Earnings vs Industry
High ROE
39.4%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: TRIFOR has a high level of non-cash earnings.
Growing Profit Margin: TRIFOR's current net profit margins (18.5%) are lower than last year (37.4%).
Past Earnings Growth Analysis
Earnings Trend: TRIFOR's earnings have grown significantly by 39.4% per year over the past 5 years.
Accelerating Growth: TRIFOR's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: TRIFOR had negative earnings growth (-32.1%) over the past year, making it difficult to compare to the IT industry average (22%).
Return on Equity
High ROE: TRIFOR's Return on Equity (29.5%) is considered high.
Financial Health
How is Trifork Holding's financial position?
Financial Health Score
5/6Financial Health Score 5/6
Short Term Liabilities
Long Term Liabilities
Debt Level
Reducing Debt
Debt Coverage
Interest Coverage
Financial Position Analysis
Short Term Liabilities: TRIFOR's short term assets (€86.6M) exceed its short term liabilities (€66.6M).
Long Term Liabilities: TRIFOR's short term assets (€86.6M) exceed its long term liabilities (€68.3M).
Debt to Equity History and Analysis
Debt Level: TRIFOR has more cash than its total debt.
Reducing Debt: TRIFOR's debt to equity ratio has increased from 0.7% to 25.7% over the past 5 years.
Debt Coverage: TRIFOR's debt is well covered by operating cash flow (27.3%).
Interest Coverage: TRIFOR's interest payments on its debt are well covered by EBIT (9.6x coverage).
Balance Sheet
Dividend
What is Trifork Holding current dividend yield, its reliability and sustainability?
Dividend Score
2/6Dividend Score 2/6
Notable Dividend
High Dividend
Stable Dividend
Growing Dividend
Earnings Coverage
Future Dividend Coverage
1.38%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: TRIFOR's dividend (1.38%) isn’t notable compared to the bottom 25% of dividend payers in the Danish market (1.39%).
High Dividend: TRIFOR's dividend (1.38%) is low compared to the top 25% of dividend payers in the Danish market (6%).
Stability and Growth of Payments
Stable Dividend: Too early to tell whether TRIFOR's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if TRIFOR's dividend payments are increasing as they only just started paying a dividend.
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (25%), TRIFOR's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (336.8%), TRIFOR's dividend payments are not well covered by cash flows.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
15.3yrs
Average management tenure
CEO
Jorn Larsen (55 yo)
26.33yrs
Tenure
Mr. Jorn Larsen co-founded Trifork Holding AG in 1996 and serves as its Chief Executive Officer since 2014 and also was its Director since January 8, 2014. Mr. Larsen serves as President of Trifork GmbH. H...
Leadership Team
Experienced Management: TRIFOR's management team is seasoned and experienced (15.3 years average tenure).
Board Members
Experienced Board: TRIFOR's board of directors are not considered experienced ( 1.5 years average tenure), which suggests a new board.
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.
Ownership Breakdown
Dilution of Shares: TRIFOR only recently listed within the past 12 months.
Top Shareholders
Company Information
Trifork Holding AG's employee growth, exchange listings and data sources
Key Information
- Name: Trifork Holding AG
- Ticker: TRIFOR
- Exchange: CPSE
- Founded: 1996
- Industry: IT Consulting and Other Services
- Sector: Software
- Implied Market Cap: kr.4.048b
- Shares outstanding: 19.70m
- Website: https://www.trifork.com
Number of Employees
Location
- Trifork Holding AG
- Neuhofstrasse 10
- Schindellegi
- Schwyz
- 8834
- Switzerland
Listings
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2022/05/16 00:00 |
| End of Day Share Price | 2022/05/16 00:00 |
| Earnings | 2021/12/31 |
| Annual Earnings | 2021/12/31 |
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.