Trinity Industries, Inc.

NYSE:TRN Stock Report

Market Cap: US$2.9b

Trinity Industries Valuation

Is TRN undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

2/6

Valuation Score 2/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of TRN when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: TRN ($35.76) is trading above our estimate of fair value ($10.31)

Significantly Below Fair Value: TRN is trading above our estimate of fair value.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for TRN?

Key metric: As TRN is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for TRN. This is calculated by dividing TRN's market cap by their current earnings.
What is TRN's PE Ratio?
PE Ratio15.6x
EarningsUS$188.90m
Market CapUS$2.91b

Price to Earnings Ratio vs Peers

How does TRN's PE Ratio compare to its peers?

The above table shows the PE ratio for TRN vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average12.2x
TEX Terex
6.5x-0.02%US$3.0b
GBX Greenbrier Companies
12.2x0.9%US$1.9b
ATMU Atmus Filtration Technologies
18.1x11.7%US$3.2b
BLBD Blue Bird
12x15.0%US$1.3b
TRN Trinity Industries
15.6x1.7%US$2.9b

Price-To-Earnings vs Peers: TRN is expensive based on its Price-To-Earnings Ratio (15.6x) compared to the peer average (12.2x).

Price to Earnings Ratio vs Industry

How does TRN's PE Ratio compare vs other companies in the US Machinery Industry?

4 CompaniesPrice / EarningsEstimated GrowthMarket Cap
AIRJ AirJoule Technologies
2.3xn/aUS$526.60m
CVGI Commercial Vehicle Group
2.5x-46.6%US$69.55m
FATH Fathom Digital Manufacturing
2.6xn/aUS$35.24m
ZEVY Lightning eMotors
n/an/aUS$6.00
No more companies available in this PE range
TRN 15.6xIndustry Avg. 22.5xNo. of Companies9PE01224364860+
4 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: TRN is good value based on its Price-To-Earnings Ratio (15.6x) compared to the US Machinery industry average (22.5x).

Price to Earnings Ratio vs Fair Ratio

What is TRN's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

TRN PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio15.6x
Fair PE Ratio15.9x

Price-To-Earnings vs Fair Ratio: TRN is good value based on its Price-To-Earnings Ratio (15.6x) compared to the estimated Fair Price-To-Earnings Ratio (15.9x).

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst TRN forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentUS$35.76
US$36.50
+2.1%
6.8%US$39.00US$34.00n/a2
Dec ’25US$37.70
US$36.50
-3.2%
6.8%US$39.00US$34.00n/a2
Jul ’25US$29.23
US$33.50
+14.6%
1.5%US$34.00US$33.00n/a2
Jun ’25US$31.45
US$32.67
+3.9%
3.8%US$34.00US$31.00n/a3
May ’25US$29.55
US$32.67
+10.5%
3.8%US$34.00US$31.00n/a3
Apr ’25US$27.21
US$29.33
+7.8%
3.2%US$30.00US$28.00n/a3
Mar ’25US$25.04
US$29.50
+17.8%
2.9%US$30.00US$28.00n/a4
Feb ’25US$25.40
US$31.00
+22.0%
3.2%US$32.00US$30.00n/a4
Jan ’25US$26.59
US$30.00
+12.8%
8.2%US$32.00US$26.00n/a4
Dec ’24US$25.62
US$30.00
+17.1%
8.2%US$32.00US$26.00US$37.704
Nov ’24US$20.70
US$30.25
+46.1%
6.8%US$32.00US$27.00US$32.584
Oct ’24US$24.35
US$29.50
+21.1%
12.3%US$34.00US$24.00US$33.994
Sep ’24US$25.55
US$29.50
+15.5%
12.3%US$34.00US$24.00US$33.014
Aug ’24US$25.58
US$30.00
+17.3%
14.3%US$36.00US$24.00US$36.504
Jul ’24US$25.71
US$27.25
+6.0%
19.7%US$36.00US$22.00US$29.234
Jun ’24US$21.46
US$27.25
+27.0%
19.7%US$36.00US$22.00US$31.454
May ’24US$23.83
US$29.50
+23.8%
13.9%US$36.00US$26.00US$29.554
Apr ’24US$24.36
US$29.50
+21.1%
13.9%US$36.00US$26.00US$27.214
Mar ’24US$27.92
US$30.50
+9.2%
11.7%US$36.00US$26.00US$25.044
Feb ’24US$28.42
US$32.00
+12.6%
9.9%US$36.00US$28.00US$25.404
Jan ’24US$29.57
US$31.75
+7.4%
11.0%US$36.00US$27.00US$26.594
Dec ’23US$31.27
US$31.75
+1.5%
11.0%US$36.00US$27.00US$25.624

Analyst Forecast: Target price is less than 20% higher than the current share price.

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/20 23:17
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Trinity Industries, Inc. is covered by 19 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Kristine KubackiAvondale Partners
Matthew BrooklierBuckingham Research Group Inc.
Mehvish RahmanCitigroup Inc