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TriMas designs, develops and manufactures a diverse portfolio of products primarily for the consumer products, aerospace and defense, and industrial markets through its TriMas Packaging, TriMas Aerospace and Specialty Products groups. We believe our businesses share important attributes, including: innovative produc t technologies and features; customer-approved processes and qualified…
$40.19
$0.49 (-1.20%)
Live · 05:22 PM
Operating margin is thin at 6.40%. Limited cushion if revenue slows or costs rise, not the profile of a wide-moat business.
Revenue growth slowed to 2.4%, essentially flat. This is a business that needs a catalyst.
Net debt of $479M represents 6.9x FCF, leverage limits flexibility.
1.7x earnings, 31.2x FCF. The multiple is below average. Either the market is pricing in deterioration you should investigate, or there's genuine value here.
Based on TTM earnings · Diluted shares
Profitability & Returns
Revenue (TTM)
$662M
▲ +2.4% YoY
Net Income (TTM)
$909M
▲ +395.4% YoY
Op. Margin
6.20%
▲ +4.0pp YoY
ROIC
2.59%
▲ +1.7pp YoY
Cash Flow & Balance Sheet
FCF (TTM)
$48M
▲ +439.0% YoY
Op. Cash Flow (TTM)
$89M
▲ +84.1% YoY
Net Debt
-$870M
Net Cash Position
Cash & Equiv.
$1.31B
5Y CAGR: -3.5%
5Y CAGR: -4.5%
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At a P/E of 1.7 and a price-to-free-cash-flow of 31.2, TriMas (TRS) trades around a two-stage DCF intrinsic value of about $45.60 per share, so at $40.19 the stock looks around fair value (13.5% below estimated intrinsic value). A high multiple is not the same as overvalued: fast-growing, high-quality businesses can deserve a premium. See the general approach in how to tell if a stock is overvalued.
On quality, TriMas scores 51/100 on Intrinsiqq's quality scorecard (a mixed business on these measures), weighing growth, margins, returns on capital, share count, and balance-sheet strength. It currently yields about 0.4%; see dividend safety for coverage and history. All figures are computed from SEC filings; read the full methodology. This is analysis, not investment advice.
Intrinsiqq's two-stage DCF estimates an intrinsic value of about $45.60 per share for TRS, projecting its recent free cash flow forward with a growth rate that fades toward a long-run rate and discounting it back to today. Applying a 25% margin of safety gives a more conservative fair-value entry around $34.20. At today's $40.19, that puts the stock about 13.5% below estimated intrinsic value. The result is sensitive to the growth and discount-rate inputs, so it is best to run conservative, base and optimistic cases. You can adjust all of them yourself with the sliders on the DCF tab.
TriMas scores 51 out of 100 on Intrinsiqq's quality score, a weighted blend of 8 metrics each scored 0 to 100, which makes it a mixed business on these measures. Recent fundamentals include a 6.2% operating margin and a 2.6% return on invested capital. The score weighs revenue and free-cash-flow growth, operating margins, return on invested capital, share-count change, and balance-sheet strength, all computed from SEC filings, not opinion. Because valuation only means something relative to quality, the full metric-by-metric breakdown is on the quality scorecard.
Yes, TriMas pays a regular dividend of about $0.17 per share per year (typically in quarterly installments), a yield of roughly 0.4% at the current price. That is a payout ratio of about 0.7% of earnings, so the dividend is amply covered by earnings. TriMas has grown the dividend at roughly 39.6% a year over the past few years. A low headline yield is not the same as a weak dividend: what matters is how well earnings and free cash flow cover the payout and whether it is growing, not the percentage alone. For TRS's full payout history, growth streak and dividend-safety score, see the dividends tab.
That depends on valuation and quality together, not either alone. TRS currently trades around its estimated intrinsic value and scores 51/100 on quality (mixed). It also yields about 0.4%. A cheap price is only a bargain if the business is durable, and a premium can be justified by genuine quality, so the two questions, "is it cheap?" and "is it good?", only make sense side by side. Read the valuation against the quality scorecard, run the DCF on your own assumptions, and decide for yourself. This is analysis from SEC filings, not investment advice.