Trinity Biotech
Market Cap
US$113.1m
Last Updated
2021/03/04 23:43 UTC
Data Sources
Company Financials +
Executive Summary
Trinity Biotech plc acquires, develops, manufactures, and markets medical diagnostic products for the clinical laboratory and point-of-care (POC) segments of the diagnostic market in the United States, Africa, Asia, and Europe. More Details
Rewards
Risk Analysis
No risks detected for TRIB from our risk checks.
Snowflake Analysis
Moderate growth potential and slightly overvalued.
Similar Companies
Share Price & News
How has Trinity Biotech's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: TRIB is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 12% a week.
Volatility Over Time: TRIB's weekly volatility has decreased from 17% to 12% over the past year.
Market Performance
7 Day Return
-15.3%
TRIB
-4.2%
US Medical Equipment
-2.4%
US Market
1 Year Return
249.2%
TRIB
28.5%
US Medical Equipment
31.2%
US Market
Return vs Industry: TRIB exceeded the US Medical Equipment industry which returned 36.3% over the past year.
Return vs Market: TRIB exceeded the US Market which returned 36.6% over the past year.
Shareholder returns
| TRIB | Industry | Market | |
|---|---|---|---|
| 7 Day | -15.3% | -4.2% | -2.4% |
| 30 Day | -25.5% | -5.3% | -3.0% |
| 90 Day | 0% | 0.9% | 3.2% |
| 1 Year | 249.2%249.2% | 29.6%28.5% | 34.1%31.2% |
| 3 Year | -22.1%-22.1% | 63.3%59.3% | 48.1%38.6% |
| 5 Year | -61.7%-61.7% | 144.0%126.5% | 116.5%92.3% |
Long-Term Price Volatility Vs. Market
How volatile is Trinity Biotech's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall St
Is Trinity Biotech plc (NASDAQ:TRIB) Popular Amongst Insiders?1 month ago | Simply Wall St
Trinity Biotech plc (NASDAQ:TRIB) Could Be Less Than A Year Away From Profitability1 month ago | Simply Wall St
Did You Miss Trinity Biotech's (NASDAQ:TRIB) Impressive 241% Share Price Gain?Valuation
Is Trinity Biotech 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: TRIB ($5.41) is trading below our estimate of fair value ($28.48)
Significantly Below Fair Value: TRIB is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: TRIB is unprofitable, so we can't compare its PE Ratio to the US Medical Equipment industry average.
PE vs Market: TRIB 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 TRIB's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: TRIB is overvalued based on its PB Ratio (16x) compared to the US Medical Equipment industry average (5.5x).
Next Steps
Future Growth
How is Trinity Biotech forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
56.7%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: TRIB is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (2%).
Earnings vs Market: TRIB is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: TRIB's is expected to become profitable in the next 3 years.
Revenue vs Market: TRIB's revenue (5.3% per year) is forecast to grow slower than the US market (10.3% per year).
High Growth Revenue: TRIB's revenue (5.3% 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 TRIB's Return on Equity is forecast to be high in 3 years time
Next Steps
Past Performance
How has Trinity Biotech performed over the past 5 years?
-29.7%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: TRIB is currently unprofitable.
Growing Profit Margin: TRIB is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: TRIB is unprofitable, and losses have increased over the past 5 years at a rate of 29.7% per year.
Accelerating Growth: Unable to compare TRIB's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: TRIB is unprofitable, making it difficult to compare its past year earnings growth to the Medical Equipment industry (5.7%).
Return on Equity
High ROE: TRIB has a negative Return on Equity (-279.51%), as it is currently unprofitable.
Next Steps
Financial Health
How is Trinity Biotech's financial position?
Financial Position Analysis
Short Term Liabilities: TRIB's short term assets ($72.4M) exceed its short term liabilities ($23.1M).
Long Term Liabilities: TRIB's short term assets ($72.4M) do not cover its long term liabilities ($105.9M).
Debt to Equity History and Analysis
Debt Level: TRIB's debt to equity ratio (889.7%) is considered high.
Reducing Debt: TRIB's debt to equity ratio has increased from 46.9% to 889.7% over the past 5 years.
Balance Sheet
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: TRIB has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if TRIB has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.
Next Steps
Dividend
What is Trinity Biotech current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate TRIB's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate TRIB'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 TRIB's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if TRIB's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: TRIB is not paying a notable dividend for the US market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of TRIB'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?
0.3yrs
Average management tenure
CEO
Ronan O’Caoimh (64 yo)
12.42yrs
Tenure
US$425,000
Compensation
Mr. Ronan O'Caoimh co-founded Trinity Biotech PLC in June 1992 and has been its Chief Executive Officer since October 2008. Mr. O'Caoimh served as Chief Executive Officer of Trinity Biotech PLC from March ...
CEO Compensation Analysis
Compensation vs Market: Ronan's total compensation ($USD425.00K) is about average for companies of similar size in the US market ($USD506.59K).
Compensation vs Earnings: Ronan's compensation has been consistent with company performance over the past year.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman & CEO | 12.42yrs | US$425.00k | 8.44% $ 9.5m | |
| Executive Director | 14.17yrs | no data | 1.92% $ 2.2m | |
| Executive Director | 4.5yrs | US$630.00k | 0.18% $ 202.9k | |
| CFO & Director | 0.33yr | no data | no data |
0.3yrs
Average Tenure
62yo
Average Age
Experienced Management: TRIB's management team is not considered experienced ( 0.3 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman & CEO | 12.42yrs | US$425.00k | 8.44% $ 9.5m | |
| Executive Director | 14.17yrs | no data | 1.92% $ 2.2m | |
| Executive Director | 4.5yrs | US$630.00k | 0.18% $ 202.9k | |
| CFO & Director | 0.33yr | no data | no data | |
| Independent Non-Executive Director | 12.33yrs | US$75.00k | 0.37% $ 416.6k | |
| Independent Non-Executive Director | 12.08yrs | US$75.00k | no data |
12.2yrs
Average Tenure
64yo
Average Age
Experienced Board: TRIB's board of directors are seasoned and experienced ( 12.2 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
Trinity Biotech plc's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Trinity Biotech plc
- Ticker: TRIB
- Exchange: NasdaqGS
- Founded: 1992
- Industry: Health Care Equipment
- Sector: Healthcare
- Market Cap: US$113.078m
- Shares outstanding: 20.90m
- Website: https://www.trinitybiotech.com
Number of Employees
Location
- Trinity Biotech plc
- IDA Business Park
- Bray
- Co. Wicklow
- Ireland
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| TRIB | NasdaqGS (Nasdaq Global Select) | Yes | SPON ADR NEW | US | USD | Oct 1992 |
| TRBA | DB (Deutsche Boerse AG) | Yes | SPON ADR NEW | DE | EUR | Oct 1992 |
Biography
Trinity Biotech plc acquires, develops, manufactures, and markets medical diagnostic products for the clinical laboratory and point-of-care (POC) segments of the diagnostic market in the United States, Afr...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/03/04 23:43 |
| End of Day Share Price | 2021/03/04 00:00 |
| Earnings | 2020/09/30 |
| Annual Earnings | 2019/12/31 |
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.