Tracsis plc, together with its subsidiaries, provides software development and consultancy services for the rail industry. More Details
Flawless balance sheet with high growth potential.
Share Price & News
How has Tracsis's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: TRCS is not significantly more volatile than the rest of UK stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: TRCS's weekly volatility (5%) has been stable over the past year.
7 Day Return
1 Year Return
Return vs Industry: TRCS exceeded the UK Software industry which returned 4.4% over the past year.
Return vs Market: TRCS exceeded the UK Market which returned 23.3% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is Tracsis's share price compared to the market and industry in the last 5 years?
Simply Wall St News
6 days ago | Simply Wall StThere Are Reasons To Feel Uneasy About Tracsis' (LON:TRCS) Returns On Capital
1 month ago | Simply Wall StDid Tracsis' (LON:TRCS) Share Price Deserve to Gain 38%?
1 month ago | Simply Wall StNeed To Know: Tracsis plc (LON:TRCS) Insiders Have Been Selling Shares
Is Tracsis undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: TRCS (£8.15) is trading above our estimate of fair value (£5.83)
Significantly Below Fair Value: TRCS is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: TRCS is poor value based on its PE Ratio (139x) compared to the UK Software industry average (53.2x).
PE vs Market: TRCS is poor value based on its PE Ratio (139x) compared to the UK market (25.6x).
Price to Earnings Growth Ratio
PEG Ratio: TRCS is poor value based on its PEG Ratio (1.7x)
Price to Book Ratio
PB vs Industry: TRCS is overvalued based on its PB Ratio (4.4x) compared to the GB Software industry average (4.1x).
How is Tracsis forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: TRCS's forecast earnings growth (83% per year) is above the savings rate (0.9%).
Earnings vs Market: TRCS's earnings (83% per year) are forecast to grow faster than the UK market (17.6% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: TRCS's revenue (22.3% per year) is forecast to grow faster than the UK market (5.3% per year).
High Growth Revenue: TRCS's revenue (22.3% per year) is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if TRCS's Return on Equity is forecast to be high in 3 years time
How has Tracsis performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: TRCS has high quality earnings.
Growing Profit Margin: TRCS's current net profit margins (3.9%) are lower than last year (9.3%).
Past Earnings Growth Analysis
Earnings Trend: TRCS's earnings have grown by 1.3% per year over the past 5 years.
Accelerating Growth: TRCS's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: TRCS had negative earnings growth (-67.8%) over the past year, making it difficult to compare to the Software industry average (3.3%).
Return on Equity
High ROE: TRCS's Return on Equity (3.1%) is considered low.
How is Tracsis's financial position?
Financial Position Analysis
Short Term Liabilities: TRCS's short term assets (£28.5M) exceed its short term liabilities (£16.7M).
Long Term Liabilities: TRCS's short term assets (£28.5M) exceed its long term liabilities (£14.9M).
Debt to Equity History and Analysis
Debt Level: TRCS is debt free.
Reducing Debt: TRCS has not had any debt for past 5 years.
Debt Coverage: TRCS has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: TRCS has no debt, therefore coverage of interest payments is not a concern.
What is Tracsis's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate TRCS's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate TRCS'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 TRCS's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if TRCS's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: TRCS is not paying a notable dividend for the UK market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of TRCS's dividend in 3 years as they are not forecast to pay a notable one for the UK market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Chris Barnes (45 yo)
Mr. Christopher Matthew Barnes, also known as Chris, serves as Chief Executive Officer and Executive Director at Tracsis plc since May 1, 2019. He has previously fulfilled a number of senior roles within R...
CEO Compensation Analysis
Compensation vs Market: Chris's total compensation ($USD423.57K) is below average for companies of similar size in the UK market ($USD723.24K).
Compensation vs Earnings: Chris's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
Experienced Management: TRCS's management team is not considered experienced ( 0.8 years average tenure), which suggests a new team.
Experienced Board: TRCS's board of directors are considered experienced (5.9 years average tenure).
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
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Tracsis plc's company bio, employee growth, exchange listings and data sources
- Name: Tracsis plc
- Ticker: TRCS
- Exchange: AIM
- Founded: 2004
- Industry: Application Software
- Sector: Software
- Market Cap: UK£246.312m
- Shares outstanding: 29.32m
- Website: https://www.tracsis.com
Number of Employees
- Tracsis plc
- Discovery Way
- West Yorkshire
- LS2 3AA
- United Kingdom
Tracsis plc, together with its subsidiaries, provides software development and consultancy services for the rail industry. It operates in two segments, Rail Technology and Services, and Traffic & Data Serv...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/05/17 18:50|
|End of Day Share Price||2021/05/17 00:00|
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.