TriMas Corporation manufactures and provides products for consumer products, aerospace, and industrial end markets worldwide.
Price History & Performance
|Historical stock prices|
|Current Share Price||US$30.91|
|52 Week High||US$22.56|
|52 Week Low||US$36.62|
|1 Month Change||-3.74%|
|3 Month Change||3.07%|
|1 Year Change||33.58%|
|3 Year Change||3.31%|
|5 Year Change||67.17%|
|Change since IPO||163.06%|
Recent News & Updates
|TRS||US Machinery||US Market|
Return vs Industry: TRS underperformed the US Machinery industry which returned 36% over the past year.
Return vs Market: TRS matched the US Market which returned 32.8% over the past year.
Stable Share Price: TRS is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: TRS's weekly volatility (4%) has been stable over the past year.
About the Company
TriMas Corporation manufactures and provides products for consumer products, aerospace, and industrial end markets worldwide. It operates in three segments: Packaging, Aerospace, and Specialty Products. The Packaging segment offers specialty polymeric and steel closure and dispensing systems, including dispensing products, such as foaming and sanitizer pumps, lotion and hand soap pumps, beverage dispensers, perfume sprayers, and nasal and trigger sprayers; polymeric and steel caps and closures comprising food lids, flip-top and beverage closures, child resistance caps, drum and pail closures, flexible spouts, and agricultural closures; polymeric jar products; integrated dispensers; bag-in-box products; aseptic closures; industrial closures and flex spouts; and single-bodied and assembled caps and closures under the Rieke, Taplast, Affaba & Ferrari, Stolz, and Rapak brands.
TriMas Fundamentals Summary
|TRS fundamental statistics|
Is TRS overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|TRS income statement (TTM)|
|Cost of Revenue||US$598.91m|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||-1.22|
|Net Profit Margin||-6.43%|
How did TRS perform over the long term?See historical performance and comparison
Is TriMas undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: TRS ($30.91) is trading below our estimate of fair value ($66.94)
Significantly Below Fair Value: TRS is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: TRS is unprofitable, so we can't compare its PE Ratio to the US Machinery industry average.
PE vs Market: TRS is unprofitable, so we can't compare its PE Ratio to the US market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate TRS's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: TRS is good value based on its PB Ratio (2.2x) compared to the US Machinery industry average (2.9x).
How is TriMas 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: TRS is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (2%).
Earnings vs Market: TRS is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: TRS's is expected to become profitable in the next 3 years.
Revenue vs Market: TRS's revenue (4.7% per year) is forecast to grow slower than the US market (9.8% per year).
High Growth Revenue: TRS's revenue (4.7% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: TRS's Return on Equity is forecast to be low in 3 years time (15.1%).
How has TriMas performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: TRS is currently unprofitable.
Growing Profit Margin: TRS is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: TRS is unprofitable, and losses have increased over the past 5 years at a rate of 3.1% per year.
Accelerating Growth: Unable to compare TRS's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: TRS is unprofitable, making it difficult to compare its past year earnings growth to the Machinery industry (22.1%).
Return on Equity
High ROE: TRS has a negative Return on Equity (-8.75%), as it is currently unprofitable.
How is TriMas's financial position?
Financial Position Analysis
Short Term Liabilities: TRS's short term assets ($422.5M) exceed its short term liabilities ($140.1M).
Long Term Liabilities: TRS's short term assets ($422.5M) do not cover its long term liabilities ($507.3M).
Debt to Equity History and Analysis
Debt Level: TRS's debt to equity ratio (65.9%) is considered high.
Reducing Debt: TRS's debt to equity ratio has reduced from 74.5% to 65.9% over the past 5 years.
Debt Coverage: TRS's debt is well covered by operating cash flow (35.3%).
Interest Coverage: TRS's interest payments on its debt are well covered by EBIT (7.2x coverage).
What is TriMas's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate TRS's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate TRS's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if TRS's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if TRS's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of TRS's dividend in 3 years as they are not forecast to pay a notable one for the US market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Tom Amato (58 yo)
Mr. Thomas A. Amato, also known as Tom, has been the Chief Executive Officer and President at TriMas Corporation since July 28, 2016. He has worked as the Chief Executive Officer for notable private equity...
CEO Compensation Analysis
Compensation vs Market: Tom's total compensation ($USD4.58M) is about average for companies of similar size in the US market ($USD3.66M).
Compensation vs Earnings: Tom's compensation has increased whilst the company is unprofitable.
Experienced Management: TRS's management team is considered experienced (4.2 years average tenure).
Experienced Board: TRS'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.
TriMas Corporation's employee growth, exchange listings and data sources
- Name: TriMas Corporation
- Ticker: TRS
- Exchange: NasdaqGS
- Founded: 1986
- Industry: Industrial Machinery
- Sector: Capital Goods
- Market Cap: US$1.327b
- Shares outstanding: 42.92m
- Website: https://www.trimascorp.com
Number of Employees
- TriMas Corporation
- 38505 Woodward Avenue
- Suite 200
- Bloomfield Hills
- United States
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/09/27 22:56|
|End of Day Share Price||2021/09/27 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.