QualityDipStocks / Industrials · Industrial Specialties
TriMas TRS
Outside our quality screen, so we don’t track its dips. It’s 11% below its 52-week high.
Outside our quality screen. No fair value estimate for now: its free cash flow is negative.
Worth knowing
- Net cash = 60% of its market cap
- ROE 84% and more cash than debt
From the data on this page, as of the last close. How we pick these
- Fair value est.
- n/a
- Market Value
- forming
- Off 52-wk high
- −11%
- Risk vs market
- Below marketbeta 0.82
52-week range 63% of the way from its 52-week low to its high
Price $39.92
5 bullish · 5 bearish See why
Repriced or dip?
Dip: business intact
The price is 11% below its 52-week high (Jun 30), but the business held up: revenue growth rate +30.2 pts, shares outstanding fewer shares, each owns more, operating margin +0.5 pts.
Some numbers held up (revenue growth rate +30.2 pts, shares outstanding fewer shares, each owns more, operating margin +0.5 pts), others slipped (free cash flow $48M → −$11M, turned negative). The price is 11% below its 52-week high.
The price is 11% below its 52-week high, and the business changed too: free cash flow $48M → −$11M, turned negative.
Within 10% of its 52-week high, so there is no dip to judge yet.
The evidence 10 numbers, high vs now
- Revenue, last 12 months$662M → $664M (+0.4%)about the same
- Revenue growth rate+6.1% → +36.3% a year (+30.2 pts)held up
- Earnings per share, 12 months$24.28 → $25.81 (+6.3%)held up
- Free cash flow, 12 months$48M → −$11M, turned negativechanged
- Operating margin6.2% → 6.7% (+0.5 pts)held up
- Shares outstanding−6.3% (fewer shares, each owns more)held up
- Net cash (cash minus debt)−4.8% of market cap since the highabout the same
- Stock vs its sector (Industrials)stock −11%, sector median −10% since Jun 30held up
- Price fall vs business numbersprice −11%, revenue/EPS/FCF median +3% (shown, not scored)
- Valuation multipleP/E 1.9× at the high → 1.5× now (shown, not scored)
Business numbers as reported at the high (12 months to Mar 31, 2026) vs the latest filing (12 months to Jun 30, 2026). Each measure is scored from −1 (business changed) to +1 (business intact) and weighted: revenue, earnings per share, free cash flow, operating margin, revenue growth rate, share count, net cash and the move vs its sector. 60 or more reads as a dip, 40 or less as a repricing. Analyst estimates are not in our data, so they are not used. How to read it
Data-based read, not advice.
Priced in
How much growth the market assumed at the 52-week high, the low and today (a reverse DCF).
At the high ($45.03, Jun 30) the price assumed about 17%/yr free-cash-flow growth; at the low ($31.08, Nov 13) about 14%. The last 3 years delivered 37%/yr (free cash flow).
Dashed line: what the last 3 years delivered, 37%/yr (free cash flow)
| High | Low | Now | |
|---|---|---|---|
| Price | $45.03Jun 30 | $31.08Nov 13 | $39.92 |
| Implied growth | +17% | +14% | n/a |
| P/E | 1.9× | 29.0× | 1.5× |
| P/FCF | 34.9× | 28.8× | — |
| EV/Sales | 1.2× | 1.6× | 0.8× |
What this means: the higher the implied growth, the more the price already counts on. If today's number sits well below what the business has delivered, the market expects less than its track record.
How it’s computed
Reverse DCF: the same 10-year free-cash-flow model as our fair value estimate (9.5% discount rate, growth for years 1–5 fading to 3% by year 10, 3% after), solved for the growth that makes it equal the market value at each price. For the high and the low we use only the filings that were public on that day, so nothing from a later report leaks back. Market value = that close × diluted shares. P/E = market value / 12-month net income; Price / FCF = market value / 12-month free cash flow; EV / Sales = (market value + debt − cash) / 12-month revenue. Hidden when the share count moved over 20% (split, merger), free cash flow is negative, or the company reports in another currency.
Valuation
What we estimate it's worth, and how it ranks on value vs every stock we cover.
Fair value estimate
No estimate for TRS: negative free cash flow. We’d rather show nothing than a made-up number.
Risk vs market
How risk vs market is measured
One year of daily returns (Oct 31 to Nov 2, 252 sessions). Beta = how much TRS moved for each 1% move in the S&P 500 (SPY); 1.0 moves with the market. Volatility is the yearly standard deviation of daily returns. Past behavior, not a forecast.
Moves a bit less than the market, and its own price swings are 2.3× the S&P 500’s.
- Beta vs S&P 500
- 0.82
- Volatility
- 29% vs 13% SPY
- Correlation SPY
- 0.36
- Correlation QQQ
- 0.32
How it ranks
Where TRS stands vs every one of the 2,467 stocks we cover that has the number. Longer bar = better.
Top quarter on 2 of 5 measures
- Free cash flow yield−0.8% · free cash flow vs market capLowest 18%of 1,690
- Dividends + buybacks yield13% · cash paid out or used to retire shares, vs market capTop 3%of 2,227
- Revenue growth, last 12 months+36% · vs the 12 months beforeTop 12%of 2,184
- Operating margin6.7% · of sales kept as operating profitLowest 36%of 1,549
- Return on invested capital7.5% · profit per dollar of capitalLowest 40%of 1,001
From SEC filings and our fair value estimate model. A ranking, not advice.
Valuation details
Fundamentals
The business itself: sales, profits, cash and debt, from SEC filings.
Bull vs bear
Rule-based from the data on this page, strongest first. Not advice.
Top bullish points 5 of 5
GrowthDiluted EPS grew 392% to $2.95 in FY2025.
ProfitabilityReturn on equity of 84% over the last 12 months, up 11 points in two years.
ValuationP/E of 1.5× vs a 26.3× median for the 245 Industrials companies we cover.
Balance sheetNet cash of $846M: cash and short-term investments exceed debt (Jun 30, 2026).
Cash returnsShare count down 11.5% in a year: $175M of buybacks over 12 months.
Top bearish points 5 of 5
ValuationFree cash flow is negative (−$11M over the last 12 months), so there’s no cash-flow value under the price.
Balance sheetOperating income covers interest only 2.4× over the last 12 months.
ValuationFree-cash-flow yield of −0.8%, below the 3.5% median for the 289 Industrials companies we cover.
ProfitabilityGross margin of 21%, below the 32% median for the 246 Industrials companies we cover.
QualityDoesn’t pass our quality screen: no positive free cash flow; ROE under 12% and ROIC under 10%; sales down vs the year-ago quarter.
All fundamentals
P/E 1.5 · FCF yield -0.8% · ROE 84%
Valuation
- P/E
- 1.5×Industrials median 26.3×
- Price / FCF
- n/anegative free cash flow
- FCF yield
- −0.8%
- EV / EBITDA
- 5.7×
- Price / sales
- n/aneeds total revenue: the SEC revenue tag covers only part of this company's revenue (it is under 1.5x net income)
- Price / book
- 0.97×
- Market cap
- $1.4Blisted
- Enterprise value
- $554M
Growth
- Revenue, 12 months
- n/athe SEC revenue tag covers only part of this company's revenue (it is under 1.5x net income)
- Sales growth, 12 months
- n/aneeds total revenue: the SEC revenue tag covers only part of this company's revenue (it is under 1.5x net income)
- Sales growth, 3 yrs
- n/aneeds total revenue: the SEC revenue tag covers only part of this company's revenue (it is under 1.5x net income)
- Diluted EPS, 12 months
- $24.20
- EPS growth, last FY
- +391.7%
- Net income, 12 months
- $905M
- Net income growth
- n/an/m: earnings a year ago near zero
Profitability
- Gross margin
- 21.0%
- Operating margin
- 6.7%
- Net margin
- n/aneeds total revenue: the SEC revenue tag covers only part of this company's revenue (it is under 1.5x net income)
- FCF margin
- −1.7%
- Return on equity
- 84%
- Return on invested capital
- 7%
Balance sheet
- Cash & short-term inv.
- $1.2B
- Total debt
- $397M
- Net cash
- $846M
- Debt / equity
- 0.28×
- Interest coverage
- 2.4×operating income / interest
Cash flow & returns
- Free cash flow, 12 months
- −$11M
- FCF growth, 12 months
- n/anot reported in its SEC filings
- Dividend yield
- 0.45%$6M paid
- Payout ratio
- 1%
- Buybacks, 12 months
- $175M12.5% of market cap
- Share count, 1 year
- −11.5%diluted shares vs a year ago
- Stock-based comp
- $12M
Trailing 12 months to Jun 30, 2026; balance sheet at Jun 30, 2026. From TriMas’s SEC filings. Sparklines show up to six fiscal years. n/a means we don’t hold that number, with the reason. How each is computed.
The business
FCF $-0.0B · Sales −34%
- Free cash flow, 12 months−$0.0B
- Free-cash-flow yield-0.8%
- Gross margin21%
- Operating margin6%
- Return on invested capital5%
- Return on equity9%
- Sales growth (latest quarter vs year-ago quarter)−34%
- Net debt / EBITDA−11.4×
Chart & levels
Where the price is vs its key levels and trends.
Key levels
Every level vs today’s $39.92
- 52-wk lowlowest close, 1 year$31.08−22.1%
- PriceMon Nov 2 close$39.92you are here
- 52-wk highhighest close, 1 year$45.03+12.8%
Momentum & 52-week range
RSI 57 · 5 days +1.6%
Signals
Reversal signal setups, the public ledger and the next earnings date.
Setup & signals
No setup armed
No setup armed, so there’s no trigger or stop to track yet. Reversal signal rules only run on companies that pass our quality screen.
TRS is outside our quality screen
One text when a published rule fires on one of the 332 quality companies we track: the ticker, the price, the stop and a link to the numbers. Nothing else.
Voices & buzz
Who is talking about it, and how it compares with peers.
Who’s talking about it
Notable investors, executives, analysts and public figures on TriMas in the last 48 hours. Headlines as published, each linked. Their words, not ours.
No notable mentions in the last 48 hours. Checked Nov 3, 5:14 PM ET.
Compare with peers
Closest in size in Industrial Specialties
Information only, not investment advice. Fair value estimates and talking points are rule-based model output from public data and can be wrong; stop levels are reference points, not orders. How every number is computed.