OTCPK:TRXA

Stock Analysis Report

Executive Summary

Trex Acquisition Corp. provides consulting and contracted services to clients in the broadcast, microwave, and wireless industries.

Snowflake

Fundamentals

Excellent balance sheet with poor track record.

Share Price & News

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


Latest Share Price and Events

Stable Share Price: TRXA has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

2.0%

TRXA

1.2%

US IT

0.3%

US Market


1 Year Return

-10.5%

TRXA

25.5%

US IT

12.5%

US Market

Return vs Industry: TRXA underperformed the US IT industry which returned 25.5% over the past year.

Return vs Market: TRXA underperformed the US Market which returned 12.5% over the past year.


Shareholder returns

TRXAIndustryMarket
7 Day2.0%1.2%0.3%
30 Day2.0%0.5%4.1%
90 Day0%0.5%5.6%
1 Year-10.5%-10.5%26.7%25.5%15.0%12.5%
3 Yearn/a98.4%89.9%49.1%39.4%
5 Year-15.0%-15.0%131.2%110.5%62.8%44.7%

Price Volatility Vs. Market

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


Simply Wall St News

No news available

Valuation

Is Trex Acquisition undervalued compared to its fair value and its price relative to the market?


In this section, we usually try to help investors determine whether Trex Acquisition is trading at an attractive price based on the cash flow it is expected to produce in the future. But as Trex Acquisition has not provided consistent financial data, and the stock also has no analyst forecast or coverage, its intrinsic value cannot be reliably calculated by extrapolating past data or using analyst consensus cash flow predictions.

This is quite a rare situation as 89% of companies covered by Simply Wall St do have a valuation analysis.


Next Steps

  • Examine Trex Acquisition'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.
  • When valuing a company like this, investors focus more on how they perceive the size of the opportunity, the company's ability to deliver and scale, and the strength of the team. While we are not analysing this type of data at the moment, if you don’t know where to start, we recommend reading through Trex Acquisition regulatory filings here.
  • Explore potentially undervalued companies in the Software industry.

Future Growth

How is Trex Acquisition forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

16.9%

Forecasted Software 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 Trex Acquisition 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.


Next Steps

Past Performance

How has Trex Acquisition performed over the past 5 years?

11.2%

Historical Software annual earnings growth


In this section we usually display a company’s past earnings and revenues to help investors visualise the trend through time. We also gauge the company’s performance by benchmarking its returns and growth to its industry peers and the wider market. However, Trex Acquisition has not provided sufficient past data to assess its track record.

This is quite a rare situation as 97% of companies covered by Simply Wall St do have historical data.


Next Steps

Financial Health

How is Trex Acquisition's financial position?


In this section we usually analyse Trex Acquisition's finance health to determine how well-positioned it is against times of financial distress, in particular, its ability to manage its cash and debt levels. Trex Acquisition has not provided adequate balance sheet data, its financial health cannot be properly assessed as it.

This is quite a rare situation as 97% of companies covered by Simply Wall St do have financial information.


Next Steps

  • Take a look at our analysis of TRXA’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
  • Investors tend to look at the financial health of a company this size in order to assess the sustainability of its current operations. While we do not consider unaudited financials to be a reliable enough to include in our analysis, you can access them on the OTC Markets Website.
  • Financial health is measured at one point in time, so the latest financial report is the best representation of the company’s current financial status. Check when Trex Acquisition's financial data was last updated here.
  • Explore more healthy companies in the Software industry.

Dividend

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


Dividend Yield vs Market

companyn/amarketbottom25%1.4%markettop25%3.7%industryaverage1.3%forecastin3Yearsn/a

Current dividend yield vs market & industry

Notable Dividend: Unable to evaluate TRXA's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.

High Dividend: Unable to evaluate TRXA's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if TRXA's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if TRXA'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 TRXA's dividend in 3 years as they are not forecast to pay a notable one for the US market.


Next Steps

Management

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


CEO

Frank Horkey (64yo)

5.8yrs

Tenure

0

Mr. Frank J. Horkey, CPA, CFST has been President, Chief Executive Officer, Secretary, Chief Financial Officer and Director at Trex Acquisition Corp. (formerly Sync2 Networks Corp), since January 14, 2014. ...


Insider Trading

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Management Team

  • Frank Horkey (64yo)

    President

    • Tenure: 5.8yrs

Board Members

  • Frank Horkey (64yo)

    President

    • Tenure: 5.8yrs

Company Information

Trex Acquisition Corp.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Trex Acquisition Corp.
  • Ticker: TRXA
  • Exchange: OTCPK
  • Founded: 2008
  • Industry: IT Consulting and Other Services
  • Sector: Software
  • Market Cap: US$1.925m
  • Shares outstanding: 3.77m
  • Website: https://null

Location

  • Trex Acquisition Corp.
  • 9540 NW 10th Street
  • Plantation
  • Florida
  • 33322
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
TRXAOTCPK (Pink Sheets LLC)YesCommon StockUSUSDMay 2009

Biography

Trex Acquisition Corp. provides consulting and contracted services to clients in the broadcast, microwave, and wireless industries. It provides microwave, antenna system installation and integration, tower ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/11/12 00:12
End of Day Share Price2019/11/06 00:00
Earnings2014/06/30
Annual Earnings2014/06/30


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.