Transcat, Inc.

NasdaqGM:TRNS Stock Report

Market Cap: US$947.5m

Transcat Valuation

Is TRNS undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

1/6

Valuation Score 1/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of TRNS when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Discounted Cash Flow
Simply Wall St
US$34.64
Fair Value
189.7% overvalued intrinsic discount
5
Number of Analysts

Below Fair Value: TRNS ($100.34) is trading above our estimate of fair value ($34.64)

Significantly Below Fair Value: TRNS is trading above our estimate of fair value.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for TRNS?

Key metric: As TRNS is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for TRNS. This is calculated by dividing TRNS's market cap by their current earnings.
What is TRNS's PE Ratio?
PE Ratio51.5x
EarningsUS$17.93m
Market CapUS$947.53m

Price to Earnings Ratio vs Peers

How does TRNS's PE Ratio compare to its peers?

The above table shows the PE ratio for TRNS vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average15.8x
GIC Global Industrial
14.7x13.4%US$948.9m
MRC MRC Global
16.4x14.7%US$1.2b
DNOW DNOW
7.2x-31.5%US$1.4b
DXPE DXP Enterprises
24.8x11.1%US$1.6b
TRNS Transcat
51.5x11.0%US$947.5m

Price-To-Earnings vs Peers: TRNS is expensive based on its Price-To-Earnings Ratio (51.5x) compared to the peer average (15.8x).

Price to Earnings Ratio vs Industry

How does TRNS's PE Ratio compare vs other companies in the US Trade Distributors Industry?

2 CompaniesPrice / EarningsEstimated GrowthMarket Cap
MWG Multi Ways Holdings
1.4xn/aUS$9.12m
BYU BAIYU Holdings
0.8xn/aUS$8.94m
No more companies available in this PE range
TRNS 51.5xIndustry Avg. 19.1xNo. of Companies5PE01020304050+
2 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: TRNS is expensive based on its Price-To-Earnings Ratio (51.5x) compared to the US Trade Distributors industry average (19.1x).

Price to Earnings Ratio vs Fair Ratio

What is TRNS's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

TRNS PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio51.5x
Fair PE Ratio18.7x

Price-To-Earnings vs Fair Ratio: TRNS is expensive based on its Price-To-Earnings Ratio (51.5x) compared to the estimated Fair Price-To-Earnings Ratio (18.7x).

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst TRNS forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentUS$100.34
US$121.20
+20.8%
6.2%US$130.00US$110.00n/a5
Jan ’26US$105.74
US$121.20
+14.6%
6.2%US$130.00US$110.00n/a5
Dec ’25US$104.89
US$124.70
+18.9%
10.0%US$144.49US$110.00n/a5
Nov ’25US$95.41
US$124.70
+30.7%
10.0%US$144.49US$110.00n/a5
Oct ’25US$118.27
US$144.75
+22.4%
7.7%US$156.00US$130.00n/a4
Sep ’25US$123.46
US$144.75
+17.2%
7.7%US$156.00US$130.00n/a4
Aug ’25US$111.05
US$144.75
+30.3%
7.7%US$156.00US$130.00n/a4
Jul ’25US$119.19
US$149.00
+25.0%
7.7%US$160.00US$130.00n/a4
Jun ’25US$127.40
US$143.80
+12.9%
10.2%US$160.00US$123.00n/a5
May ’25US$107.50
US$123.20
+14.6%
1.8%US$125.00US$119.00n/a5
Apr ’25US$110.59
US$122.20
+10.5%
1.9%US$125.00US$119.00n/a5
Mar ’25US$105.52
US$122.20
+15.8%
1.9%US$125.00US$119.00n/a5
Feb ’25US$111.56
US$119.20
+6.8%
4.2%US$124.00US$110.00n/a5
Jan ’25US$109.33
US$108.20
-1.0%
3.5%US$112.00US$101.00US$105.745
Dec ’24US$98.50
US$108.20
+9.8%
3.5%US$112.00US$101.00US$104.895
Nov ’24US$89.14
US$108.20
+21.4%
3.5%US$112.00US$101.00US$95.415
Oct ’24US$97.97
US$109.75
+12.0%
6.5%US$120.00US$101.00US$118.274
Sep ’24US$100.43
US$107.50
+7.0%
6.9%US$120.00US$101.00US$123.464
Aug ’24US$87.50
US$104.00
+18.9%
3.4%US$110.00US$101.00US$111.054
Jul ’24US$85.31
US$104.00
+21.9%
3.4%US$110.00US$101.00US$119.194
Jun ’24US$84.77
US$102.20
+20.6%
4.7%US$110.00US$95.00US$127.405
May ’24US$77.91
US$95.40
+22.4%
2.8%US$100.00US$92.00US$107.505
Apr ’24US$89.39
US$95.40
+6.7%
2.8%US$100.00US$92.00US$110.595
Mar ’24US$89.01
US$95.40
+7.2%
2.8%US$100.00US$92.00US$105.525
Feb ’24US$85.20
US$95.40
+12.0%
2.8%US$100.00US$92.00US$111.565
Jan ’24US$70.87
US$84.60
+19.4%
4.6%US$90.00US$80.00US$109.335
Analyst Price Target
Consensus Narrative from 5 Analysts
US$121.20
Fair Value
17.2% undervalued intrinsic discount
5
Number of Analysts

Analyst Forecast: Target price is more than 20% higher than the current share price and analysts are within a statistically confident range of agreement.

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/17 01:33
End of Day Share Price 2025/01/17 00:00
Earnings2024/09/28
Annual Earnings2024/03/30

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Transcat, Inc. is covered by 7 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Kara AndersonB. Riley Securities, Inc.
Gregory PalmCraig-Hallum Capital Group LLC
Sourav MohantyCrisp Idea