NYSE:TGI

Stock Analysis Report

Executive Summary

Triumph Group, Inc. designs, engineers, manufactures, repairs, overhauls, and distributes aerostructures, aircraft components, accessories, subassemblies, and systems worldwide.


Snowflake Analysis

Moderate growth potential and slightly overvalued.


Similar Companies

Share Price & News

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


Latest Share Price and Events

Stable Share Price: TGI's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

-5.4%

TGI

-3.2%

US Aerospace & Defense

-4.2%

US Market


1 Year Return

0.7%

TGI

21.3%

US Aerospace & Defense

14.0%

US Market

Return vs Industry: TGI underperformed the US Aerospace & Defense industry which returned 21.3% over the past year.

Return vs Market: TGI underperformed the US Market which returned 14% over the past year.


Shareholder returns

TGIIndustryMarket
7 Day-5.4%-3.2%-4.2%
30 Day3.5%-2.6%-1.8%
90 Day-18.0%2.6%2.6%
1 Year1.5%0.7%23.4%21.3%16.3%14.0%
3 Year-16.2%-17.8%47.5%39.9%43.2%34.0%
5 Year-60.9%-61.9%87.7%70.1%65.9%47.6%

Price Volatility Vs. Market

How volatile is Triumph Group's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Triumph Group undervalued compared to its fair value and its price relative to the market?

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: TGI ($22.86) is trading below our estimate of fair value ($47.38)

Significantly Below Fair Value: TGI is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: TGI is unprofitable, so we can't compare its PE Ratio to the Aerospace & Defense industry average.

PE vs Market: TGI 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 TGI's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: TGI has negative assets, so we can't compare its PB Ratio to the US Aerospace & Defense industry average.


Next Steps

Future Growth

How is Triumph Group forecast to perform in the next 1 to 3 years based on estimates from 10 analysts?

46.7%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: TGI is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (1.7%).

Earnings vs Market: TGI is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: TGI's is expected to become profitable in the next 3 years.

Revenue vs Market: TGI's revenue is expected to decline over the next 3 years (-4.1% per year).

High Growth Revenue: TGI's revenue is forecast to decline over the next 3 years (-4.1% per year).


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: TGI is forecast to be unprofitable in 3 years.


Next Steps

Past Performance

How has Triumph Group performed over the past 5 years?

-11.1%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: TGI is currently unprofitable.

Growing Profit Margin: TGI is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: TGI is unprofitable, and losses have increased over the past 5 years at a rate of -11.1% per year.

Accelerating Growth: Unable to compare TGI's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: TGI is unprofitable, making it difficult to compare its past year earnings growth to the Aerospace & Defense industry (8.1%).


Return on Equity

High ROE: TGI's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.


Return on Assets


Return on Capital Employed


Next Steps

Financial Health

How is Triumph Group's financial position?


Financial Position Analysis

Short Term Liabilities: TGI has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.

Long Term Liabilities: TGI has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.


Debt to Equity History and Analysis

Debt Level: TGI has negative shareholder equity, which is a more serious situation than a high debt level.

Reducing Debt: TGI's has negative shareholder equity, so we do not need to check if its debt has reduced over time.


Balance Sheet

Inventory Level: TGI has a high level of physical assets or inventory.

Debt Coverage by Assets: TGI has negative shareholder equity (liabilities exceed assets) therefore debt is not covered by short term assets.


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: Whilst unprofitable TGI has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.

Forecast Cash Runway: TGI is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by -27.9% per year.


Next Steps

Dividend

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

0.70%

Current Dividend Yield


Upcoming Dividend Payment

Purchase Triumph Group before the 'Buy Limit' to receive their next dividend payment.


Dividend Yield vs Market

company0.7%marketbottom25%1.5%markettop25%3.8%industryaverage1.7%forecastin3Years0.7%

Current dividend yield vs market & industry

Notable Dividend: TGI's dividend (0.7%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.48%).

High Dividend: TGI's dividend (0.7%) is low compared to the top 25% of dividend payers in the US market (3.77%).


Stability and Growth of Payments

Stable Dividend: TGI is not paying a notable dividend for the US market, therefore no need to check if payments are stable.

Growing Dividend: TGI is not paying a notable dividend for the US market, therefore no need to check if payments are increasing.


Current Payout to Shareholders

Dividend Coverage: TGI is not paying a notable dividend for the US market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of TGI's dividend in 3 years as they are not forecast to pay a notable one for the US market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

2.4yrs

Average management tenure


CEO

Dan Crowley (56yo)

4.1yrs

Tenure

US$4,589,269

Compensation

Mr. Daniel J. Crowley, also known as Dan, has been the Chief Executive Officer and President of Triumph Group, Inc. since January 04, 2016. Mr. Crowley has significant strategic and operational experience  ...


CEO Compensation Analysis

Compensation vs Market: Dan's total compensation ($USD4.59M) is above average for companies of similar size in the US market ($USD2.52M).

Compensation vs Earnings: Dan's compensation has been consistent with company performance over the past year.


Leadership Team

NamePositionTenureCompensationOwnership
Daniel Crowley
President4.1yrsUS$4.59m0.68% $8.1m
James McCabe
Senior VP & CFO3.5yrsUS$2.09m0.023% $277.1k
Lance Turner
Senior VP & Chief Human Resources Officer2.4yrsUS$957.84k0.011% $131.0k
Peter K. Wick
Executive Vice President of the Aerospace Structures2.1yrsUS$1.38m0.011% $124.7k
Thomas Quigley
VP of Investor Relations0yrsUS$364.80k0.014% $170.6k
S. Scheppele
VP & Chief Information Officer3.8yrsno datano data
Michael Pici
Vice President of Financial Planning & Analysis and Investor Relations1.4yrsno datano data
Jennifer Allen
Senior VP1.4yrsno data0.0019% $22.9k
Michele Long
Senior Director of Communications0yrsno datano data
M. Johnson
Interim Executive Vice President of Precision Components0yrsno datano data

2.4yrs

Average Tenure

48yo

Average Age

Experienced Management: TGI's management team is considered experienced (2.4 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Daniel Crowley
President4.1yrsUS$4.59m0.68% $8.1m
Daniel Garton
Independent Director2yrsUS$225.00k0.019% $223.4k
William Mansfield
Independent Director7.3yrsUS$235.00k0.032% $374.8k
Adam Palmer
Independent Director9.7yrsUS$230.00k0.080% $946.3k
Ralph Eberhart
Non-Executive Chairman of the Board4.8yrsUS$325.00k0.032% $374.8k
Paul Bourgon
Independent Director11.3yrsUS$225.00k0.034% $406.8k
Colleen Repplier
Director0.5yrsno data0.012% $139.9k
Barbara Humpton
Independent Director0.4yrsno data0.0083% $98.0k
Larry Spencer
Independent Director2.1yrsUS$232.50k0.019% $228.8k

4.1yrs

Average Tenure

61yo

Average Age

Experienced Board: TGI's board of directors are considered experienced (4.1 years average tenure).


Ownership

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.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Triumph Group, Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Triumph Group, Inc.
  • Ticker: TGI
  • Exchange: NYSE
  • Founded: 1993
  • Industry: Aerospace and Defense
  • Sector: Capital Goods
  • Market Cap: US$1.185b
  • Shares outstanding: 51.85m
  • Website: https://www.triumphgroup.com

Number of Employees


Location

  • Triumph Group, Inc.
  • 899 Cassatt Road
  • Suite 210
  • Berwyn
  • Pennsylvania
  • 19312
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
TGINYSE (New York Stock Exchange)YesCommon StockUSUSDOct 1996
TG7DB (Deutsche Boerse AG)YesCommon StockDEEUROct 1996

Biography

Triumph Group, Inc. designs, engineers, manufactures, repairs, overhauls, and distributes aerostructures, aircraft components, accessories, subassemblies, and systems worldwide. The company offers aircraft and engine-mounted accessory drives, thermal control systems and components, cargo hooks, high lift actuations, cockpit control levers, hydraulic systems and components, control system valve bodies, landing gear actuation systems, electronic engine controls, landing gear components and assemblies, exhaust nozzles and ducting, main engine gear box assemblies, geared transmissions and drive train components, main fuel pumps, fuel-metering units, secondary flight control systems, and vibration absorbers. It also provides aircraft wings, flight control surfaces, composite and metal bonding products, helicopter cabins, engine nacelles, integrated testing and certification services, comprehensive processing services, stretch-formed leading edges and fuselage skins, empennages, wing spars and stringers, acoustic and thermal insulation systems, and composite ducts and floor panels. In addition, the company offers air cycle machines, blades and vanes, APUs, constant speed drives, combustors, engine and airframe accessories, stators, flight control surfaces, transition ducts, integrated drive generators, sidewalls, nacelles, light assemblies, remote sensors, overhead bins, thrust reversers, and fuel bladder cells, as well as cabin panes, shades, light lenses, and other components. It serves original equipment manufacturers of commercial, regional, and military aircraft; and aircraft components, as well as business jet and regional airlines, and air cargo carriers. Triumph Group, Inc. has strategic alliance with Air France-KLM. The company was founded in 1993 and is headquartered in Berwyn, Pennsylvania. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/02/25 00:30
End of Day Share Price2020/02/24 00:00
Earnings2019/12/31
Annual Earnings2019/03/31


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.