company background image
TRI

Trident Estates MTSE:TRI Stock Report

Last Price

€1.46

Market Cap

€61.3m

7D

0%

1Y

n/a

Updated

12 May, 2022

Data

Company Financials
TRI fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance3/6
Financial Health4/6
Dividends0/6

TRI Stock Overview

Trident Estates plc, a property investment company, owns, manages, acquires, develops, and re-develops properties for rental and investment purposes in Malta.

Rewards

Earnings grew by 824.6% over the past year

Risk Analysis

Earnings have declined by 64.2% per year over past 5 years

Shares are highly illiquid

Large one-off items impacting financial results

Latest financial reports are more than 6 months old

+ 2 more risks

Trident Estates Competitors

 

 

 

 

 

 

 

 

 

 

 

 

Price History & Performance

Summary of all time highs, changes and price drops for Trident Estates
Historical stock prices
Current Share Price€1.46
52 Week High€1.60
52 Week Low€1.28
Beta0.11
1 Month Change0%
3 Month Change6.57%
1 Year Changen/a
3 Year Change-2.67%
5 Year Changen/a
Change since IPO-3.95%

Recent News & Updates

Shareholder Returns

TRIMT Real EstateMT Market
7D0%-1.1%-2.2%
1Yn/a-9.0%-7.3%

Return vs Industry: Insufficient data to determine how TRI performed against the MT Real Estate industry.

Return vs Market: Insufficient data to determine how TRI performed against the MT Market.

Price Volatility

Is TRI's price volatile compared to industry and market?
TRI volatility
TRI Average Weekly Movementn/a
Real Estate Industry Average Movement5.0%
Market Average Movement6.5%
10% most volatile stocks in MT Market11.9%
10% least volatile stocks in MT Market3.6%

Stable Share Price: Insufficient data to determine TRI's volatility over the past 3 months.

Volatility Over Time: Insufficient data to determine TRI's volatility change over the past year.

About the Company

FoundedEmployeesCEOWebsite
n/a9Charles Xuerebhttps://tridentestatesplc.com

Trident Estates plc, a property investment company, owns, manages, acquires, develops, and re-develops properties for rental and investment purposes in Malta. The company primarily focuses on development and marketing of the Trident Park project. Trident Estates plc is based in Birkirkara, Malta.

Trident Estates Fundamentals Summary

How do Trident Estates's earnings and revenue compare to its market cap?
TRI fundamental statistics
Market Cap€61.32m
Earnings (TTM)€527.00k
Revenue (TTM)€1.13m

116.4x

P/E Ratio

54.5x

P/S Ratio

Is TRI overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report
TRI income statement (TTM)
Revenue€1.13m
Cost of Revenue€1.00k
Gross Profit€1.12m
Other Expenses€597.00k
Earnings€527.00k

Last Reported Earnings

Jul 31, 2021

Next Earnings Date

n/a

Earnings per share (EPS)0.013
Gross Margin99.91%
Net Profit Margin46.84%
Debt/Equity Ratio0.0%

How did TRI perform over the long term?

See historical performance and comparison

Valuation

Is Trident Estates 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

116.43x

Price to Earnings (PE) ratio

Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate TRI's fair value for valuation analysis.

Significantly Below Fair Value: Insufficient data to calculate TRI's fair value for valuation analysis.

Price To Earnings Ratio

PE vs Industry: TRI is poor value based on its PE Ratio (116.4x) compared to the MT Real Estate industry average (36.5x).

PE vs Market: TRI is poor value based on its PE Ratio (116.4x) compared to the MT market (24.8x).

Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate TRI's PEG Ratio to determine if it is good value.

Price to Book Ratio

PB vs Industry: TRI is overvalued based on its PB Ratio (1.2x) compared to the MT Real Estate industry average (0.9x).

Future Growth

How is Trident Estates 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

-12.0%

Forecasted Real Estate 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 Trident Estates 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 Trident Estates performed over the past 5 years?

Past Performance Score

3/6

Past Performance Score 3/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE

-64.2%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: TRI has a large one-off gain of €562.0K impacting its July 31 2021 financial results.

Growing Profit Margin: TRI's current net profit margins (46.8%) are higher than last year (5%).

Past Earnings Growth Analysis

Earnings Trend: TRI's earnings have declined by 64.2% per year over the past 5 years.

Accelerating Growth: TRI's earnings growth over the past year (824.6%) exceeds its 5-year average (-64.2% per year).

Earnings vs Industry: TRI earnings growth over the past year (824.6%) exceeded the Real Estate industry -0.1%.

Return on Equity

High ROE: TRI's Return on Equity (1%) is considered low.

Financial Health

How is Trident Estates's financial position?

Financial Health Score

4/6

Financial Health Score 4/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: TRI's short term assets (€2.0M) do not cover its short term liabilities (€7.8M).

Long Term Liabilities: TRI's short term assets (€2.0M) do not cover its long term liabilities (€14.7M).

Debt to Equity History and Analysis

Debt Level: TRI is debt free.

Reducing Debt: TRI had no debt 5 years ago.

Debt Coverage: TRI has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: TRI has no debt, therefore coverage of interest payments is not a concern.

Balance Sheet

Dividend

What is Trident Estates'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 TRI's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate TRI'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 TRI's dividends per share have been stable in the past.

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

Earnings Payout to Shareholders

Earnings Coverage: TRI is not paying a notable dividend for the MT market.

Cash Payout to Shareholders

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

Next Steps

Management

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

16.9yrs

Average board tenure

CEO

Charles Xuereb

4.75yrs

Tenure

Mr. Charles Xuereb has been CEO of Trident Estates Ltd since August 07, 2017. He has been Deputy Group Financial Controller of Farsons Beverage Imports Company Limited since October 2005. He was a Member o...

Board Members

Experienced Board: TRI's board of directors are seasoned and experienced ( 16.9 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.

Ownership Breakdown

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

Top Shareholders

Company Information

Trident Estates plc's employee growth, exchange listings and data sources

Key Information

  • Name: Trident Estates plc
  • Ticker: TRI
  • Exchange: MTSE
  • Founded: NaN
  • Industry: Real Estate Operating Companies
  • Sector: Real Estate
  • Implied Market Cap: €61.320m
  • Shares outstanding: 42.00m
  • Website: https://tridentestatesplc.com

Number of Employees

Location

  • Trident Estates plc
  • Trident Park
  • Mdina Road
  • Birkirkara
  • CBD 2010
  • Malta

Listings

Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/05/12 00:00
End of Day Share Price2022/05/04 00:00
Earnings2021/07/31
Annual Earnings2021/01/31


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.