Trio-Tech International, together with its subsidiaries, provides manufacturing, testing, and distribution services to the semiconductor industry. More Details
Excellent balance sheet and slightly overvalued.
Share Price & News
How has Trio-Tech International's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: TRT is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 9% a week.
Volatility Over Time: TRT's weekly volatility (9%) has been stable over the past year.
7 Day Return
1 Year Return
Return vs Industry: TRT underperformed the US Semiconductor industry which returned 55.8% over the past year.
Return vs Market: TRT underperformed the US Market which returned 22.2% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is Trio-Tech International's share price compared to the market and industry in the last 5 years?
Simply Wall St News
21 hours ago | Simply Wall StWhat Can We Make Of Trio-Tech International's (NYSEMKT:TRT) CEO Compensation?
1 month ago | Simply Wall StDoes Trio-Tech International (NYSEMKT:TRT) Have A Healthy Balance Sheet?
2 months ago | Simply Wall StWe're Not So Sure You Should Rely on Trio-Tech International's (NYSEMKT:TRT) Statutory Earnings
Is Trio-Tech International 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: TRT ($3.88) is trading above our estimate of fair value ($0.97)
Significantly Below Fair Value: TRT is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: TRT is good value based on its PE Ratio (20.6x) compared to the US Semiconductor industry average (38.1x).
PE vs Market: TRT is poor value based on its PE Ratio (20.6x) compared to the US market (19.4x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate TRT's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: TRT is good value based on its PB Ratio (0.6x) compared to the US Semiconductor industry average (3.5x).
How is Trio-Tech International forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Semiconductors industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Trio-Tech International has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
- Examine Trio-Tech International's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
- Trio-Tech International competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Semiconductors industry.
How has Trio-Tech International performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: TRT has a large one-off gain of $1.9M impacting its September 30 2020 financial results.
Growing Profit Margin: TRT's current net profit margins (2.2%) are lower than last year (4.5%).
Past Earnings Growth Analysis
Earnings Trend: TRT's earnings have grown by 5.5% per year over the past 5 years.
Accelerating Growth: TRT's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: TRT had negative earnings growth (-60.4%) over the past year, making it difficult to compare to the Semiconductor industry average (22.8%).
Return on Equity
High ROE: TRT's Return on Equity (3.1%) is considered low.
How is Trio-Tech International's financial position?
Financial Position Analysis
Short Term Liabilities: TRT's short term assets ($20.5M) exceed its short term liabilities ($7.1M).
Long Term Liabilities: TRT's short term assets ($20.5M) exceed its long term liabilities ($3.2M).
Debt to Equity History and Analysis
Debt Level: TRT's debt to equity ratio (9.8%) is considered satisfactory.
Reducing Debt: TRT's debt to equity ratio has reduced from 20.4% to 9.8% over the past 5 years.
Debt Coverage: TRT's debt is well covered by operating cash flow (99.3%).
Interest Coverage: Insufficient data to determine if TRT's interest payments on its debt are well covered by EBIT.
What is Trio-Tech International current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate TRT's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate TRT's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if TRT's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if TRT's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of TRT's dividend in 3 years as they are not forecast to pay a notable one for the US market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Siew Yong (67 yo)
Mr. Siew Wai Yong has been the Chief Executive Officer and President at Trio-Tech International since 1990. Mr. Yong joined at Trio-Tech International Pte. Ltd. in 1976 and has been its Managing Director s...
CEO Compensation Analysis
Compensation vs Market: Siew's total compensation ($USD402.40K) is about average for companies of similar size in the US market ($USD561.84K).
Compensation vs Earnings: Siew's compensation has been consistent with company performance over the past year.
|CFO, Corporate VP & Director||10.25yrs||US$238.76k||3.28% |
|Corporate Vice-President of Testing||22.42yrs||US$134.70k||2.21% |
Experienced Management: TRT's management team is seasoned and experienced (28.1 years average tenure).
|CFO, Corporate VP & Director||10.25yrs||US$238.76k||3.28% |
|Independent Chairman of the Board||31.92yrs||US$112.40k||8.64% |
|Independent Director||23.67yrs||US$56.20k||0% |
|Independent Director||30.92yrs||US$56.20k||9.62% |
Experienced Board: TRT's board of directors are seasoned and experienced ( 30.9 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: TRT 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.
Trio-Tech International's company bio, employee growth, exchange listings and data sources
- Name: Trio-Tech International
- Ticker: TRT
- Exchange: AMEX
- Founded: 1958
- Industry: Semiconductor Equipment
- Sector: Semiconductors
- Market Cap: US$14.397m
- Shares outstanding: 3.71m
- Website: https://www.triotech.com
Number of Employees
- Trio-Tech International
- 16139 Wyandotte Street
- Van Nuys
- United States
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|TRT||AMEX (NYSE MKT LLC)||Yes||Common Stock||US||USD||Dec 1984|
Trio-Tech International, together with its subsidiaries, provides manufacturing, testing, and distribution services to the semiconductor industry. The company’s Testing Services segment offers stabilizatio...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/12/03 23:29|
|End of Day Share Price||2020/12/03 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.