TriMas Corporation manufactures and provides products for consumer products, aerospace, and industrial end markets worldwide. More Details
Adequate balance sheet with moderate growth potential.
Share Price & News
How has TriMas's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: TRS has not had significant price volatility in the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: TRS underperformed the US Machinery industry which returned 16% over the past year.
Return vs Market: TRS underperformed the US Market which returned 19.5% over the past year.
Price Volatility Vs. Market
How volatile is TriMas's share price compared to the market and industry in the last 5 years?
Simply Wall St News
6 days ago | Simply Wall StHow Much Does TriMas' (NASDAQ:TRS) CEO Make?
2 weeks ago | Simply Wall StIs It Too Late To Consider Buying TriMas Corporation (NASDAQ:TRS)?
1 month ago | Simply Wall StAre TriMas's (NASDAQ:TRS) Statutory Earnings A Good Guide To Its Underlying Profitability?
Is TriMas 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: TRS ($25.14) is trading above our estimate of fair value ($8.75)
Significantly Below Fair Value: TRS is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: TRS is poor value based on its PE Ratio (42.8x) compared to the US Machinery industry average (25.7x).
PE vs Market: TRS is poor value based on its PE Ratio (42.8x) compared to the US market (19x).
Price to Earnings Growth Ratio
PEG Ratio: TRS is good value based on its PEG Ratio (0.5x)
Price to Book Ratio
PB vs Industry: TRS is good value based on its PB Ratio (1.7x) compared to the US Machinery industry average (2.4x).
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's forecast earnings growth (78.4% per year) is above the savings rate (2.2%).
Earnings vs Market: TRS's earnings (78.4% per year) are forecast to grow faster than the US market (22.1% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: TRS's revenue (4.4% per year) is forecast to grow slower than the US market (10% per year).
High Growth Revenue: TRS's revenue (4.4% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if TRS's Return on Equity is forecast to be high in 3 years time
How has TriMas performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: TRS has a large one-off loss of $17.6M impacting its June 30 2020 financial results.
Growing Profit Margin: TRS's current net profit margins (3.5%) are lower than last year (10%).
Past Earnings Growth Analysis
Earnings Trend: TRS's earnings have grown significantly by 39.6% per year over the past 5 years.
Accelerating Growth: TRS's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: TRS had negative earnings growth (-58.6%) over the past year, making it difficult to compare to the Machinery industry average (-13.1%).
Return on Equity
High ROE: TRS's Return on Equity (3.9%) is considered low.
How is TriMas's financial position?
Financial Position Analysis
Short Term Liabilities: TRS's short term assets ($348.4M) exceed its short term liabilities ($113.3M).
Long Term Liabilities: TRS's short term assets ($348.4M) do not cover its long term liabilities ($410.5M).
Debt to Equity History and Analysis
Debt Level: TRS's debt to equity ratio (44.7%) is considered high.
Reducing Debt: TRS's debt to equity ratio has reduced from 77.1% to 44.7% over the past 5 years.
Debt Coverage: TRS's debt is well covered by operating cash flow (26.1%).
Interest Coverage: TRS's interest payments on its debt are well covered by EBIT (4.3x coverage).
What is TriMas's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate TRS's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate TRS's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if TRS's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if TRS's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of TRS's dividend in 3 years as they are not forecast to pay a notable one for the US market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Tom Amato (57 yo)
Mr. Thomas A. Amato, also known as Tom, has been the Chief Executive Officer and President at TriMas Corporation since July 28, 2016. Mr. Amato has more than 25 years of broad industrial experience. He has ...
CEO Compensation Analysis
Compensation vs Market: Tom's total compensation ($USD3.86M) is above average for companies of similar size in the US market ($USD2.82M).
Compensation vs Earnings: Tom's compensation has been consistent with company performance over the past year.
|Chief Financial Officer||5.75yrs||US$1.47m||0.18% |
|Chief Compliance Officer||15.75yrs||US$1.19m||0.14% |
|Vice President of Operations||2.67yrs||no data||no data|
|Chief Accounting Officer||8.17yrs||no data||0.059% |
|Vice President of Investor Relations & Communications||13yrs||no data||no data|
|President of Norris Cylinder - Engineered Components||5.75yrs||no data||no data|
|President of Energy Segment||4.42yrs||no data||no data|
|President of Aerospace||3.83yrs||no data||no data|
|Vice President of Tax and Treasury||2.67yrs||no data||no data|
Experienced Management: TRS's management team is seasoned and experienced (5.1 years average tenure).
|Independent Director||18.33yrs||US$216.65k||0.077% |
|Independent Chairman of the Board||18.33yrs||US$350.00k||0.054% |
|Independent Director||6.92yrs||US$215.00k||0.053% |
|Independent Director||1.83yrs||US$210.00k||0.024% |
|Independent Director||5.67yrs||US$216.99k||0.052% |
|Independent Director||0.67yr||no data||no data|
|Independent Director||0.67yr||no data||0.015% |
Experienced Board: TRS's board of directors are considered experienced (5 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: TRS 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.
TriMas Corporation's company bio, 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$1.144b
- Shares outstanding: 45.50m
- Website: https://www.trimascorp.com
Number of Employees
- TriMas Corporation
- 38505 Woodward Avenue
- Suite 200
- Bloomfield Hills
- United States
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|TRS||NasdaqGS (Nasdaq Global Select)||Yes||Common Stock||US||USD||May 2007|
|MQ1||DB (Deutsche Boerse AG)||Yes||Common Stock||DE||EUR||May 2007|
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. Th ...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/10/20 00:13|
|End of Day Share Price||2020/10/19 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.