Data sourced from SEC EDGAR filings and third-party price providers. Scores, valuations, and metrics are algorithmic estimates. This is not investment advice. See our Terms and Methodology.
Data sourced from SEC EDGAR filings and third-party price providers. Scores, valuations, and metrics are algorithmic estimates. This is not investment advice. See our Terms and Methodology.
Trigano S.A. is a leading European manufacturer specializing in the design, production, and distribution of leisure vehicles and related equipment. Founded in 1935 and headquartered in Paris, France, the company operates primarily in two segments: leisure vehicles, which account for about 95% of sales including motorhomes, caravans, mobile homes, and accessories, and leisure equipment comprising trailers, garden products, and camping gear. With over 65 production sites and warehouses across Europe, including facilities in France, Germany, Italy, the United Kingdom, Spain, and Slovenia, Trigano S.A. markets more than 90 brands through extensive dealer networks, its online platform Triganostore.com, and subsidiaries like Libertium, Europe's largest leisure vehicle distributor. Employing around 10,652 people, it serves individual consumers and professionals, emphasizing innovation, value for money, and sustainability in outdoor leisure. As the continent's top producer in this sector, Trigano S.A. supports a family-owned majority stake ensuring long-term stability and strategic growth through acquisitions and investments.
Operating margin is thin at 9.34%. Limited cushion if revenue slows or costs rise, not the profile of a wide-moat business.
Revenue declined 6.8% YoY. Margins deteriorated 3.7pp alongside, both lines moving the wrong way.
ROIC dropped from 19.66% to 10.96%, capital efficiency is deteriorating. Operating margin contracted 3.7pp YoY, cost discipline may be slipping.
Profitability & Returns
Revenue (TTM)
€3.66B
▼ -6.8% YoY
Net Income (TTM)
€239M
▼ -36.1% YoY
Op. Margin
9.34%
▼ -3.7pp YoY
ROIC
10.96%
▼ -8.7pp YoY
Cash Flow & Balance Sheet
FCF (TTM)
€521M
▲ +2677.7% YoY
Op. Cash Flow (TTM)
€560M
▲ +1129.7% YoY
Net Debt
-€279M
Net Cash Position
Cash & Equiv.
€651M
3Y CAGR: +4.8%
3Y CAGR: +77.4%
Continue Research