Trellidor Holdings Limited manufactures and distributes custom-made barrier security products primarily in South Africa, the United Kingdom, and Ghana.
Price History & Performance
|Historical stock prices|
|Current Share Price||R3.15|
|52 Week High||R1.36|
|52 Week Low||R3.74|
|1 Month Change||-2.78%|
|3 Month Change||-2.78%|
|1 Year Change||96.88%|
|3 Year Change||-27.59%|
|5 Year Change||-45.78%|
|Change since IPO||-47.67%|
Recent News & Updates
Is Trellidor Holdings (JSE:TRL) Using Too Much Debt?
The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
|TRL||ZA Building||ZA Market|
Return vs Industry: TRL exceeded the ZA Building industry which returned 25.3% over the past year.
Return vs Market: TRL exceeded the ZA Market which returned 19% over the past year.
Stable Share Price: TRL is not significantly more volatile than the rest of ZA stocks over the past 3 months, typically moving +/- 6% a week.
Volatility Over Time: TRL's weekly volatility (6%) has been stable over the past year.
About the Company
Trellidor Holdings Limited manufactures and distributes custom-made barrier security products primarily in South Africa, the United Kingdom, and Ghana. The company offers retractable security gates, security shutters, fixed burglar bars, burglar and clear guards, roller style shutters, cottage guards, and polycarbonate bar products for doors, windows, patios, safe rooms, offices, and estates, as well as retail properties. It also provides roller blinds, venetian blinds, vertical blinds, woven blinds, and shutters; and cornices, skirting, ceiling roses, and wall panels.
Trellidor Holdings Fundamentals Summary
|TRL fundamental statistics|
Is TRL overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|TRL income statement (TTM)|
|Cost of Revenue||R297.54m|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||0.42|
|Net Profit Margin||7.67%|
How did TRL perform over the long term?See historical performance and comparison
7.0%Current Dividend Yield
Is Trellidor Holdings undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: TRL (ZAR3.15) is trading below our estimate of fair value (ZAR13.03)
Significantly Below Fair Value: TRL is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: TRL is good value based on its PE Ratio (7.5x) compared to the African Building industry average (11.4x).
PE vs Market: TRL is good value based on its PE Ratio (7.5x) compared to the ZA market (11.1x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate TRL's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: TRL is overvalued based on its PB Ratio (1.7x) compared to the XF Building industry average (1.4x).
How is Trellidor Holdings forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Capital Goods 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 Trellidor Holdings 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.
How has Trellidor Holdings performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: TRL has high quality earnings.
Growing Profit Margin: TRL became profitable in the past.
Past Earnings Growth Analysis
Earnings Trend: TRL's earnings have declined by 32.1% per year over the past 5 years.
Accelerating Growth: TRL has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: TRL has become profitable in the last year, making it difficult to compare its past year earnings growth to the Building industry (6.6%).
Return on Equity
High ROE: TRL's Return on Equity (22.5%) is considered high.
How is Trellidor Holdings's financial position?
Financial Position Analysis
Short Term Liabilities: TRL's short term assets (ZAR192.4M) exceed its short term liabilities (ZAR115.6M).
Long Term Liabilities: TRL's short term assets (ZAR192.4M) exceed its long term liabilities (ZAR71.4M).
Debt to Equity History and Analysis
Debt Level: TRL's debt to equity ratio (7%) is considered satisfactory.
Reducing Debt: TRL's debt to equity ratio has reduced from 18.5% to 7% over the past 5 years.
Debt Coverage: TRL's debt is well covered by operating cash flow (560.2%).
Interest Coverage: TRL's interest payments on its debt are well covered by EBIT (9.9x coverage).
What is Trellidor Holdings's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: TRL's dividend (6.98%) is higher than the bottom 25% of dividend payers in the ZA market (3.14%).
High Dividend: TRL's dividend (6.98%) is low compared to the top 25% of dividend payers in the ZA market (7.7%).
Stability and Growth of Payments
Stable Dividend: TRL has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: TRL's dividend payments have increased, but the company has only paid a dividend for 6 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonable payout ratio (51.6%), TRL's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Terry Dennison (53 yo)
Mr. Terence Mark Dennison, also known as Terry, CA has been the Chief Executive Officer of Trellidor Holdings Limited and Trellicor (pty) Ltd since 2001. Mr. Dennison joined Trellicor (pty) Ltd as Financia...
CEO Compensation Analysis
Compensation vs Market: Terry's total compensation ($USD286.63K) is about average for companies of similar size in the ZA market ($USD279.53K).
Compensation vs Earnings: Terry's compensation has been consistent with company performance over the past year.
Experienced Management: TRL's management team is seasoned and experienced (6 years average tenure).
Experienced Board: TRL's board of directors are considered experienced (9.5 years average tenure).
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.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Trellidor Holdings Limited's employee growth, exchange listings and data sources
- Name: Trellidor Holdings Limited
- Ticker: TRL
- Exchange: JSE
- Founded: 1970
- Industry: Building Products
- Sector: Capital Goods
- Market Cap: R299.911m
- Shares outstanding: 95.21m
- Website: https://www.trellidor.co.za
- Trellidor Holdings Limited
- 20 Aberdare Drive
- Phoenix Industrial Park
- South Africa
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/22 21:02|
|End of Day Share Price||2021/10/22 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.