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Trifast LSE:TRI Stock Report

Last Price

UK£0.78

Market Cap

UK£105.1m

7D

-2.5%

1Y

11.4%

Updated

18 Nov, 2024

Data

Company Financials +

Trifast plc

LSE:TRI Stock Report

Market Cap: UK£105.1m

TRI Stock Overview

Manufactures and distributes industrial fasteners and category C components in the United Kingdom, Ireland, Europe, North America, and Asia. More details

TRI fundamental analysis
Snowflake Score
Valuation4/6
Future Growth3/6
Past Performance0/6
Financial Health4/6
Dividends2/6

Rewards

Trading at 73.5% below our estimate of its fair value

Earnings are forecast to grow 73.28% per year

Risk Analysis

Dividend of 2.31% is not well covered by earnings


Trifast plc Competitors

Renold

AIM:RNO

UK£108.4m

Mincon Group

AIM:MCON

UK£78.6m

Avingtrans

AIM:AVG

UK£133.1m

Mpac Group

AIM:MPAC

UK£156.8m

Price History & Performance

Summary of all time highs, changes and price drops for Trifast
Historical stock prices
Current Share PriceUK£0.78
52 Week HighUK£0.98
52 Week LowUK£0.66
Beta1.15
11 Month Change-1.27%
3 Month Change-5.68%
1 Year Change11.43%
33 Year Change-44.68%
5 Year Change-54.39%
Change since IPO45.12%

Recent News & Updates

Recent updates

The Market Lifts Trifast plc (LON:TRI) Shares 26% But It Can Do More

Dec 18
The Market Lifts Trifast plc (LON:TRI) Shares 26% But It Can Do More

Trifast's (LON:TRI) Returns On Capital Not Reflecting Well On The Business

Oct 19
Trifast's (LON:TRI) Returns On Capital Not Reflecting Well On The Business

Why Trifast plc (LON:TRI) Could Be Worth Watching

Jun 15
Why Trifast plc (LON:TRI) Could Be Worth Watching

The Returns On Capital At Trifast (LON:TRI) Don't Inspire Confidence

Apr 03
The Returns On Capital At Trifast (LON:TRI) Don't Inspire Confidence

Does Trifast (LON:TRI) Have A Healthy Balance Sheet?

Feb 15
Does Trifast (LON:TRI) Have A Healthy Balance Sheet?

Capital Allocation Trends At Trifast (LON:TRI) Aren't Ideal

Nov 23
Capital Allocation Trends At Trifast (LON:TRI) Aren't Ideal

Is There Now An Opportunity In Trifast plc (LON:TRI)?

Sep 15
Is There Now An Opportunity In Trifast plc (LON:TRI)?

Should You Think About Buying Trifast plc (LON:TRI) Now?

Dec 18
Should You Think About Buying Trifast plc (LON:TRI) Now?

We Discuss Why Trifast plc's (LON:TRI) CEO Compensation May Be Closely Reviewed

Jul 22
We Discuss Why Trifast plc's (LON:TRI) CEO Compensation May Be Closely Reviewed

Results: Trifast plc Exceeded Expectations And The Consensus Has Updated Its Estimates

Jun 25
Results: Trifast plc Exceeded Expectations And The Consensus Has Updated Its Estimates

Here's What's Concerning About Trifast's (LON:TRI) Returns On Capital

May 16
Here's What's Concerning About Trifast's (LON:TRI) Returns On Capital

Here's Why Trifast (LON:TRI) Can Manage Its Debt Responsibly

Mar 23
Here's Why Trifast (LON:TRI) Can Manage Its Debt Responsibly

What Is Trifast plc's (LON:TRI) Share Price Doing?

Mar 02
What Is Trifast plc's (LON:TRI) Share Price Doing?

Trifast's (LON:TRI) Stock Price Has Reduced 42% In The Past Three Years

Feb 09
Trifast's (LON:TRI) Stock Price Has Reduced 42% In The Past Three Years

Here's What To Make Of Trifast's (LON:TRI) Returns On Capital

Jan 20
Here's What To Make Of Trifast's (LON:TRI) Returns On Capital

A Look At The Fair Value Of Trifast plc (LON:TRI)

Dec 30
A Look At The Fair Value Of Trifast plc (LON:TRI)

Is Trifast (LON:TRI) A Risky Investment?

Dec 08
Is Trifast (LON:TRI) A Risky Investment?

Should You Think About Buying Trifast plc (LON:TRI) Now?

Nov 17
Should You Think About Buying Trifast plc (LON:TRI) Now?

Shareholder Returns

TRIGB MachineryGB Market
7D-2.5%-1.5%-0.3%
1Y11.4%-2.4%6.1%

Return vs Industry: TRI exceeded the UK Machinery industry which returned -1.4% over the past year.

Return vs Market: TRI exceeded the UK Market which returned 5.6% over the past year.

Price Volatility

Is TRI's price volatile compared to industry and market?
TRI volatility
TRI Average Weekly Movement4.9%
Machinery Industry Average Movement4.4%
Market Average Movement4.7%
10% most volatile stocks in GB Market10.3%
10% least volatile stocks in GB Market2.6%

Stable Share Price: TRI has not had significant price volatility in the past 3 months compared to the UK market.

Volatility Over Time: TRI's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19731,200Iain Percivalwww.trfastenings.com

Trifast plc, together with its subsidiaries, manufactures and distributes industrial fasteners and category C components in the United Kingdom, Ireland, Europe, North America, and Asia. The company offers screws and bolts, nuts, washers, circlips, seals, rings, plastic and enclosure hardware, cable glands, security fasteners, spacers and pillars, tooling and driver bits, and other hardware products, as well as fasteners for sheet metal and plastic. Trifast plc serves light and heavy vehicle, health and home, energy, tech, infrastructure, general, and distributor industries.

Trifast plc Fundamentals Summary

How do Trifast's earnings and revenue compare to its market cap?
TRI fundamental statistics
Market capUK£105.10m
Earnings (TTM)-UK£4.44m
Revenue (TTM)UK£233.67m

0.4x

P/S Ratio

-23.7x

P/E Ratio

Is TRI overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
TRI income statement (TTM)
RevenueUK£233.67m
Cost of RevenueUK£174.84m
Gross ProfitUK£58.83m
Other ExpensesUK£63.27m
Earnings-UK£4.44m

Last Reported Earnings

Mar 31, 2024

Next Earnings Date

Nov 19, 2024

Earnings per share (EPS)-0.033
Gross Margin25.18%
Net Profit Margin-1.90%
Debt/Equity Ratio33.7%

How did TRI perform over the long term?

See historical performance and comparison

Dividends

2.3%

Current Dividend Yield

-55%

Payout Ratio