NasdaqGS:TRS

Stock Analysis Report

Executive Summary

TriMas Corporation manufactures and sells products for consumer products, aerospace, industrial, petrochemical, refinery, and oil and gas end markets worldwide.

Snowflake

Fundamentals

Solid track record with excellent balance sheet.


Similar Companies

Share Price & News

How has TriMas's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

-0.6%

NasdaqGS:TRS

1.8%

US Machinery

1.6%

US Market


1 Year Return

2.1%

NasdaqGS:TRS

2.8%

US Machinery

2.8%

US Market

TRS matched the Machinery industry (2.3%) over the past year.

TRS matched the United States of America Market (2.3%) over the past year.


Share holder returns

TRSIndustryMarket
7 Day-0.6%1.8%1.6%
30 Day-2.1%4.4%2.5%
90 Day-0.3%1.8%2.2%
1 Year2.1%2.1%4.9%2.8%5.0%2.8%
3 Year61.3%61.3%55.1%44.7%48.3%38.4%
5 Year-0.7%-20.9%42.0%24.1%57.8%40.3%

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

Valuation

Is TriMas undervalued based on future cash flows and its price relative to the stock market?

0.882%

Discount to future cash flow value


Intrinsic Value Based on Future Cash Flows

TriMas's share price is below the future cash flow value, but not at a moderate discount (< 20%).

TriMas's share price is below the future cash flow value, but not at a substantial discount (< 40%).


Price Based on Earnings

TriMas is good value based on earnings compared to the US Machinery industry average.

TriMas is good value based on earnings compared to the United States of America market.


Price Based on Expected Growth

TriMas is poor value based on expected growth next year.


Price Based on Value of Assets

TriMas is good value based on assets compared to the US Machinery industry average.


Next Steps

Future Growth

How is TriMas expected to perform in the next 1 to 3 years based on estimates from 3 analysts?

11.7%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

TriMas's revenue is expected to grow by 5.2% yearly, however this is not considered high growth (20% yearly).

TriMas's earnings are expected to grow by 11.7% yearly, however this is not considered high growth (20% yearly).

TriMas's revenue growth is positive but not above the United States of America market average.

TriMas's earnings growth is positive but not above the United States of America market average.

TriMas's earnings growth is expected to exceed the low risk savings rate of 2.7%.


Earnings per Share Growth Estimates


Future Return on Equity

Unable to establish if TriMas will efficiently use shareholders’ funds in the future without estimates of Return on Equity.


Next Steps

Past Performance

How has TriMas performed over the past 5 years?

0.6%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

TriMas's year on year earnings growth rate has been positive over the past 5 years.

TriMas's 1-year earnings growth exceeds its 5-year average (61.7% vs 0.6%)

TriMas's earnings growth has exceeded the US Machinery industry average in the past year (61.7% vs 28.5%).


Return on Equity

TriMas has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).


Return on Assets

TriMas used its assets more efficiently than the US Machinery industry average last year based on Return on Assets.


Return on Capital Employed

TriMas has significantly improved its use of capital last year versus 3 years ago (Return on Capital Employed).


Next Steps

Financial Health

How is TriMas's financial position?


Financial Position Analysis

TriMas is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.

TriMas's cash and other short term assets cover its long term commitments.


Debt to Equity History and Analysis

TriMas's level of debt (45.9%) compared to net worth is high (greater than 40%).

The level of debt compared to net worth has been reduced over the past 5 years (71.8% vs 45.9% today).

Debt is well covered by operating cash flow (41.2%, greater than 20% of total debt).

Interest payments on debt are well covered by earnings (EBIT is 8.4x coverage).


Balance Sheet

High level of physical assets or inventory.

Debt is covered by short term assets, assets are 1.4x debt.


Next Steps

Dividend

What is TriMas's current dividend yield, its reliability and sustainability?


Dividend Yield and Payments Analysis

Unable to evaluate TriMas's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.

Unable to evaluate TriMas's dividend against the top 25% market benchmark as the company has not reported any payouts.

Unable to perform a dividend volatility check as TriMas has not reported any payouts.

Unable to verify if TriMas's dividend has been increasing as the company has not reported any payouts.


Current Payout to Shareholders

Unable to calculate sustainability of dividends as TriMas has not reported any payouts.


Future Payout to Shareholders

Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.


Next Steps

Management

What is the CEO of TriMas's salary, the management and board of directors tenure and is there insider trading?

4.4yrs

Average management tenure


CEO

Tom Amato (55yo)

2.9yrs

Tenure

US$4,074,561

Compensation

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

Tom's remuneration is about average for companies of similar size in United States of America.

Tom's compensation has been consistent with company performance over the past year, both up more than 20%.


Management Age and Tenure

4.4yrs

Average Tenure

55yo

Average Age

The tenure for the TriMas management team is about average.


Board Age and Tenure

5.6yrs

Average Tenure

60yo

Average Age

The tenure for the TriMas board of directors is about average.


Insider Trading

TriMas insiders have only sold shares in the past 3 months.


Recent Insider Transactions

SellUS$302,45022 May 19
Robert Zalupski
EntityIndividual
Role
Chief Financial Officer
Shares10,000
Max PriceUS$30.25
SellUS$299,83021 May 19
Samuel Valenti
EntityIndividual
Role
Chairman of the Board
Shares10,000
Max PriceUS$29.98
SellUS$243,76221 May 19
Nancy Gougarty
EntityIndividual
Role
Member of the Board of Directors
Shares8,037
Max PriceUS$30.33
SellUS$646,17221 May 19
Joshua Sherbin
EntityIndividual
Role
Chief Compliance Officer
Shares21,355
Max PriceUS$30.40
SellUS$300,07021 May 19
Eugene Miller
EntityIndividual
Role
Member of the Board of Directors
Shares10,000
Max PriceUS$30.01
SellUS$459,27620 May 19
Thomas Amato
EntityIndividual
Role
President
Member of the Board of Directors
Shares14,991
Max PriceUS$30.72

Ownership Breakdown


Management Team

  • Al Malizia

    Vice President of Operations

    • Tenure: 1.3yrs
  • John Schaefer

    President of Aerospace

    • Tenure: 2.5yrs
  • David Pritchett

    President of Packaging

    • Tenure: 5.4yrs
  • Tom Amato (55yo)

    President

    • Tenure: 2.9yrs
    • Compensation: $4.07m
  • Paul Swart

    Chief Accounting Officer

    • Tenure: 6.8yrs
  • Bob Zalupski (59yo)

    Chief Financial Officer

    • Tenure: 4.4yrs
    • Compensation: $1.57m
  • Chuck Manz

    President of Norris Cylinder - Engineered Components

    • Tenure: 4.4yrs
  • Josh Sherbin (55yo)

    Chief Compliance Officer

    • Tenure: 14.4yrs
    • Compensation: $1.29m
  • Marc Roberts (55yo)

    President of Energy Segment

    • Tenure: 3.1yrs
  • Sherry Lauderback

    Vice President of Investor Relations & Communications

    • Tenure: 11.7yrs

Board Members

  • Herbert Parker (60yo)

    Director

    • Tenure: 4.3yrs
    • Compensation: $218.00k
  • Dick Gabrys (76yo)

    Director

    • Tenure: 12.8yrs
    • Compensation: $234.00k
  • Jeff Greene (58yo)

    Director

    • Tenure: 0.5yrs
    • Compensation: $5.44k
  • Tom Amato (55yo)

    President

    • Tenure: 2.9yrs
    • Compensation: $4.07m
  • Dan Tredwell (60yo)

    Director

    • Tenure: 17.0yrs
    • Compensation: $219.00k
  • Nancy Gougarty (63yo)

    Director

    • Tenure: 5.6yrs
    • Compensation: $217.00k
  • Eugene Miller (80yo)

    Director

    • Tenure: 14.4yrs
    • Compensation: $224.00k
  • Sam Valenti (72yo)

    Chairman of the Board

    • Tenure: 17.0yrs
    • Compensation: $351.00k
  • Nick Stanage (59yo)

    Director

    • Tenure: 5.6yrs
    • Compensation: $218.00k

Company Information

TriMas Corporation's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: TriMas Corporation
  • Ticker: TRS
  • Exchange: NasdaqGS
  • Founded:
  • Industry: industrial machinery
  • Sector: capital goods
  • Market Cap: US$1.357b
  • Shares outstanding: 45.69m
  • Website: Click here

Number of Employees


Location

  • TriMas Corporation
  • 38505 Woodward Avenue
  • Suite 200
  • Bloomfield Hills
  • Michigan
  • 48304
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
TRSNasdaqGS (Nasdaq Global Select)YesCommon StockUSUSDMay 2007
MQ1DB (Deutsche Boerse AG)YesCommon StockDEEURMay 2007

Biography

TriMas Corporation manufactures and sells products for consumer products, aerospace, industrial, petrochemical, refinery, and oil and gas end markets worldwide. It operates in three segments: Packaging, Ae ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/06/20 00:09
End of Day Share Price2019/06/19 00:00
Earnings2019/03/31
Annual Earnings2018/12/31


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.