Transcat, Inc. provides calibration and laboratory instrument services in North America and internationally.
Flawless balance sheet with solid track record.
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's share price has been volatile over the past 3 months.
7 Day Return
US Trade Distributors
1 Year Return
US Trade Distributors
Return vs Industry: TRNS exceeded the US Trade Distributors industry which returned -21.4% over the past year.
Return vs Market: TRNS exceeded the US Market which returned -8.1% over the past year.
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
2 weeks ago | Simply Wall StShould You Worry About Transcat, Inc.'s (NASDAQ:TRNS) CEO Pay?
3 weeks ago | Simply Wall StA Sliding Share Price Has Us Looking At Transcat, Inc.'s (NASDAQ:TRNS) P/E Ratio
4 weeks ago | Simply Wall StDoes Transcat, Inc. (NASDAQ:TRNS) Have A Volatile Share Price?
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 ($26.04) is trading above our estimate of fair value ($12.66)
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 (23.1x) compared to the Trade Distributors industry average (11.2x).
PE vs Market: TRNS is poor value based on its PE Ratio (23.1x) compared to the US market (13.3x).
Price to Earnings Growth Ratio
PEG Ratio: TRNS is poor value based on its PEG Ratio (1.8x)
Price to Book Ratio
PB vs Industry: TRNS is overvalued based on its PB Ratio (3x) compared to the US Trade Distributors industry average (1x).
How is Transcat forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: TRNS's forecast earnings growth (12.7% per year) is above the savings rate (1.7%).
Earnings vs Market: TRNS's earnings (12.7% per year) are forecast to grow slower than the US market (13.3% per year).
High Growth Earnings: TRNS's earnings are forecast to grow, but not significantly.
Revenue vs Market: TRNS's revenue (4.2% per year) is forecast to grow slower than the US market (6.9% per year).
High Growth Revenue: TRNS's revenue (4.2% 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 (12.1%).
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 (4.8%) are higher than last year (4.4%).
Past Earnings Growth Analysis
Earnings Trend: TRNS's earnings have grown by 16.5% per year over the past 5 years.
Accelerating Growth: TRNS's earnings growth over the past year (18.6%) exceeds its 5-year average (16.5% per year).
Earnings vs Industry: TRNS earnings growth over the past year (18.6%) exceeded the Trade Distributors industry 5.1%.
Return on Equity
High ROE: TRNS's Return on Equity (12.7%) is considered low.
How is Transcat's financial position?
Financial Position Analysis
Short Term Liabilities: TRNS's short term assets ($44.6M) exceed its short term liabilities ($19.7M).
Long Term Liabilities: TRNS's short term assets ($44.6M) exceed its long term liabilities ($29.5M).
Debt to Equity History and Analysis
Debt Level: TRNS's debt to equity ratio (30.4%) is considered satisfactory.
Reducing Debt: TRNS's debt to equity ratio has reduced from 45.2% to 30.4% over the past 5 years.
Debt Coverage: TRNS's debt is well covered by operating cash flow (68.8%).
Interest Coverage: TRNS's interest payments on its debt are well covered by EBIT (11.1x coverage).
What is Transcat's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate TRNS's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate TRNS's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if TRNS's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if TRNS's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of TRNS's dividend in 3 years as they are not forecast to pay a notable one for the US market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Lee Rudow (55yo)
Mr. Lee D. Rudow has been the President of Transcat Inc. since September 11, 2012 and has been its Chief Executive Officer since July 1, 2013. Mr. Rudow serves as the President and Chief Executive Officer ...
CEO Compensation Analysis
Compensation vs Market: Lee's total compensation ($USD958.91K) is below average for companies of similar size in the US market ($USD1.45M).
Compensation vs Earnings: Lee's compensation has been consistent with company performance over the past year.
|VP of Finance||4.08yrs||US$470.92k||0.24% $471.7k|
|Vice President of Operations||no data||no data||no data|
|Corporate Controller & Principal Accounting Officer||4.08yrs||no data||0.029% $58.2k|
|Vice President of Distribution & Marketing||5.42yrs||no data||0.20% $386.6k|
|Vice President of Human Resources||5yrs||no data||no data|
Experienced Management: TRNS's management team is seasoned and experienced (5 years average tenure).
|Independent Director||19.5yrs||US$83.75k||0.85% $1.7m|
|Independent Director||15.42yrs||US$87.50k||0.44% $865.1k|
|Independent Director||6.25yrs||US$80.00k||0.21% $408.7k|
|Independent Director||18.92yrs||US$95.00k||0.77% $1.5m|
|Chairman of the Board||6.75yrs||US$117.50k||0.69% $1.4m|
|Independent Director||15.42yrs||US$80.00k||0.50% $985.5k|
|Independent Director||5.25yrs||US$102.50k||0.34% $683.5k|
|Independent Director||18.25yrs||US$86.63k||0.41% $820.4k|
|Director||0.50yr||no data||no data|
Experienced Board: TRNS's board of directors are seasoned and experienced ( 11.1 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: TRNS insiders have sold more shares than they have bought 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$198.162m
- Shares outstanding: 7.38m
- 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, repair, inspection, analytical qualification, preventative maintenance, consulting, and other related services. This segment also provides CalTrak, a proprietary document and asset management software that is used to integrate and manage the workflow of its calibration service centers and customers’ assets; and Compliance, Control and Cost, an online customer portal that provides its customers with Web-based asset management capability, as well as a safe and secure off-site archive of calibration and other service records. The Distribution segment sells and rents test, measurement, and control instruments for customers’ test and measurement instrumentation needs. This segment markets and sells its products through Website, digital and print advertising, proactive outbound sales, and an inbound call center. The company provides services and products to highly regulated industries, principally life science, which includes companies in the pharmaceutical, biotechnology, medical device, and other FDA-regulated industries; and additional industries, including aerospace and defense industrial manufacturing, oil and gas and alternative energy, and other industries that require accuracy in processes and confirmation of the capabilities of their equipment. Transcat, Inc. was founded in 1964 and is headquartered in Rochester, New York.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/04/10 05:03|
|End of Day Share Price||2020/04/09 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.