Transcat, Inc. provides calibration and laboratory instrument services in North America and internationally. More Details
Flawless balance sheet with moderate growth potential.
Share Price & News
How has Transcat's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: TRNS is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: TRNS's weekly volatility (5%) has been stable over the past year.
7 Day Return
US Trade Distributors
1 Year Return
US Trade Distributors
Return vs Industry: TRNS underperformed the US Trade Distributors industry which returned 20.2% over the past year.
Return vs Market: TRNS underperformed the US Market which returned 22.1% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is Transcat's share price compared to the market and industry in the last 5 years?
Simply Wall St News
3 weeks ago | Simply Wall StThis Insider Has Just Sold Shares In Transcat, Inc. (NASDAQ:TRNS)
1 month ago | Simply Wall StResults: Transcat, Inc. Exceeded Expectations And The Consensus Has Updated Its Estimates
1 month ago | Simply Wall StShould We Be Excited About The Trends Of Returns At Transcat (NASDAQ:TRNS)?
Is Transcat 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: TRNS ($32.45) is trading above our estimate of fair value ($27.06)
Significantly Below Fair Value: TRNS is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: TRNS is poor value based on its PE Ratio (35.3x) compared to the US Trade Distributors industry average (22x).
PE vs Market: TRNS is poor value based on its PE Ratio (35.3x) compared to the US market (19.4x).
Price to Earnings Growth Ratio
PEG Ratio: TRNS is poor value based on its PEG Ratio (1.3x)
Price to Book Ratio
PB vs Industry: TRNS is overvalued based on its PB Ratio (3.4x) compared to the US Trade Distributors industry average (1.8x).
How is Transcat forecast to perform in the next 1 to 3 years based on estimates from 5 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: TRNS's forecast earnings growth (27.4% per year) is above the savings rate (2.2%).
Earnings vs Market: TRNS's earnings (27.4% per year) are forecast to grow faster than the US market (21.9% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: TRNS's revenue (6.5% per year) is forecast to grow slower than the US market (10.2% per year).
High Growth Revenue: TRNS's revenue (6.5% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: TRNS's Return on Equity is forecast to be low in 3 years time (12%).
How has Transcat performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: TRNS has high quality earnings.
Growing Profit Margin: TRNS's current net profit margins (4%) are lower than last year (4.9%).
Past Earnings Growth Analysis
Earnings Trend: TRNS's earnings have grown by 15% per year over the past 5 years.
Accelerating Growth: TRNS's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: TRNS had negative earnings growth (-18.3%) over the past year, making it difficult to compare to the Trade Distributors industry average (-6.9%).
Return on Equity
High ROE: TRNS's Return on Equity (9.7%) is considered low.
How is Transcat's financial position?
Financial Position Analysis
Short Term Liabilities: TRNS's short term assets ($45.4M) exceed its short term liabilities ($20.6M).
Long Term Liabilities: TRNS's short term assets ($45.4M) exceed its long term liabilities ($35.3M).
Debt to Equity History and Analysis
Debt Level: TRNS's debt to equity ratio (32.4%) is considered satisfactory.
Reducing Debt: TRNS's debt to equity ratio has reduced from 33.2% to 32.4% over the past 5 years.
Debt Coverage: TRNS's debt is well covered by operating cash flow (93.3%).
Interest Coverage: TRNS's interest payments on its debt are well covered by EBIT (11.3x coverage).
What is Transcat current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate TRNS's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate TRNS's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if TRNS's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if TRNS's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of TRNS's dividend in 3 years as they are not forecast to pay a notable one for the US market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Lee Rudow (56 yo)
Mr. Lee D. Rudow has been the President of Transcat Inc. since September 11, 2012 and has been its Chief Executive Officer since July 1, 2013. Mr. Rudow serves as the President and Chief Executive Officer ...
CEO Compensation Analysis
Compensation vs Market: Lee's total compensation ($USD1.03M) is about average for companies of similar size in the US market ($USD1.10M).
Compensation vs Earnings: Lee's compensation has been consistent with company performance over the past year.
|Vice President of Distribution & Marketing||6.08yrs||US$399.11k||0.21% |
|Chief Financial Officer||0.083yr||no data||no data|
|Vice President of Service Operations||1.42yrs||no data||no data|
|Corporate Controller & Principal Accounting Officer||4.75yrs||no data||0.037% |
|General Counsel & VP of Corporate Development||0.25yr||no data||no data|
|Vice President of Human Resources||5.67yrs||no data||no data|
Experienced Management: TRNS's management team is considered experienced (4.8 years average tenure).
|Independent Director||20.17yrs||US$55.00k||0.88% |
|Independent Director||16.08yrs||US$60.00k||0.44% |
|Independent Director||6.92yrs||US$50.00k||0.23% |
|Independent Director||19.58yrs||US$65.00k||0.80% |
|Independent Director||13.92yrs||US$90.00k||0.55% |
|Independent Chairman||0.25yr||US$75.00k||0.41% |
|Independent Director||18.92yrs||US$57.50k||0.44% |
|Independent Director||1.17yrs||US$107.70k||0% |
Experienced Board: TRNS's board of directors are seasoned and experienced ( 13.9 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: TRNS insiders have only sold shares in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Transcat, Inc.'s company bio, employee growth, exchange listings and data sources
- Name: Transcat, Inc.
- Ticker: TRNS
- Exchange: NasdaqGM
- Founded: 1964
- Industry: Trading Companies and Distributors
- Sector: Capital Goods
- Market Cap: US$241.254m
- Shares outstanding: 7.43m
- Website: https://www.transcat.com
Number of Employees
- Transcat, Inc.
- 35 Vantage Point Drive
- New York
- United States
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|TRNS||NasdaqGM (Nasdaq Global Market)||Yes||Common Stock||US||USD||Jan 1980|
Transcat, Inc. provides calibration and laboratory instrument services in North America and internationally. It operates in two segments, Service and Distribution. The Service segment offers calibration, r...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/12/04 23:53|
|End of Day Share Price||2020/12/04 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.