Trimas Stock Performance
| TRS Stock | USD 26.28 0.03 0.11% |
TriMas has a performance score of 3 on a scale of 0 to 100. The entity has a beta of 1.2, which indicates a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, TriMas will likely underperform. TriMas right now has a risk of 1.72%. Please validate TriMas maximum drawdown, as well as the relationship between the skewness and day typical price , to decide if TriMas will be following its existing price patterns.
Risk-Adjusted Performance
3 of 100
Weak | Strong |
Insignificant
Compared to the overall equity markets, risk-adjusted returns on investments in TriMas are ranked lower than 3 (%) of all global equities and portfolios over the last 90 days. In spite of comparatively stable basic indicators, TriMas is not utilizing all of its potentials. The current stock price uproar, may contribute to short-horizon losses for the private investors. ...more
Actual Historical Performance (%)
One Day Return (1.18) | Five Day Return 2.32 | Year To Date Return 1.01 | Ten Year Return (1.29) | All Time Return 177.46 |
Forward Dividend Yield 0.0061 | Payout Ratio 0.092 | Last Split Factor 1255:1000 | Forward Dividend Rate 0.16 | Dividend Date 2024-03-08 |
1 | TriMas Announces Fourth Quarter and Full Year 2023 Earnings Conference Call Date | 02/01/2024 |
2 | TriMas Corporations Share Price Matching Investor Opinion | 03/01/2024 |
3 | Disposition of 3500 shares by Scott Mell of TriMas at 24.3114 subject to Rule 16b-3 | 03/05/2024 |
| TriMas dividend paid on 8th of March 2024 | 03/08/2024 |
4 | TRS Services Announces Partnership With Battle Investment Group | 03/12/2024 |
5 | Zacks Research Analysts Decrease Earnings Estimates for TriMas Co. - MarketBeat | 03/18/2024 |
6 | Acquisition by Finley Teresa of 1188 shares of TriMas at 24.19 subject to Rule 16b-3 | 03/19/2024 |
7 | TriMas names Herbert Parker as new board chairman | 03/20/2024 |
8 | Acquisition by Daniel Tredwell of tradable shares of TriMas at 29.398 subject to Rule 16b-3 | 03/22/2024 |
9 | Is It Too Late To Consider Buying The Reject Shop Limited | 03/25/2024 |
10 | Acquisition by Finley Teresa of 3342 shares of TriMas at 26.86 subject to Rule 16b-3 | 03/28/2024 |
11 | TRS Services Announces Appointment of Rick Stine to Its Board of Directors | 04/16/2024 |
12 | Trimas declares 0.04 dividend | 04/23/2024 |
| Begin Period Cash Flow | 112.1 M |
TriMas |
TriMas Relative Risk vs. Return Landscape
If you would invest 2,515 in TriMas on January 26, 2024 and sell it today you would earn a total of 113.00 from holding TriMas or generate 4.49% return on investment over 90 days. TriMas is generating 0.0858% of daily returns assuming volatility of 1.7193% on return distribution over 90 days investment horizon. In other words, 15% of stocks are less volatile than TriMas, and above 99% of all equities are expected to generate higher returns over the next 90 days. Expected Return |
| Risk |
TriMas Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for TriMas' investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as TriMas, and traders can use it to determine the average amount a TriMas' price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.0499
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Estimated Market Risk
| 1.72 actual daily | 15 85% of assets are more volatile |
Expected Return
| 0.09 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.05 actual daily | 3 97% of assets perform better |
Based on monthly moving average TriMas is performing at about 3% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of TriMas by adding it to a well-diversified portfolio.
TriMas Fundamentals Growth
TriMas Stock prices reflect investors' perceptions of the future prospects and financial health of TriMas, and TriMas fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on TriMas Stock performance.
| Return On Equity | 0.0605 | ||||
| Return On Asset | 0.0367 | ||||
| Profit Margin | 0.05 % | ||||
| Operating Margin | 0.08 % | ||||
| Current Valuation | 1.49 B | ||||
| Shares Outstanding | 40.82 M | ||||
| Price To Earning | 18.76 X | ||||
| Price To Book | 1.52 X | ||||
| Price To Sales | 1.16 X | ||||
| Revenue | 893.55 M | ||||
| Gross Profit | 211.1 M | ||||
| EBITDA | 134.63 M | ||||
| Net Income | 40.36 M | ||||
| Cash And Equivalents | 80.34 M | ||||
| Cash Per Share | 1.91 X | ||||
| Total Debt | 443.25 M | ||||
| Debt To Equity | 0.70 % | ||||
| Current Ratio | 2.63 X | ||||
| Book Value Per Share | 16.58 X | ||||
| Cash Flow From Operations | 88.16 M | ||||
| Earnings Per Share | 0.97 X | ||||
| Market Capitalization | 1.07 B | ||||
| Total Asset | 1.34 B | ||||
| Retained Earnings | 4.23 M | ||||
| Working Capital | 237.93 M | ||||
| Current Asset | 326.62 M | ||||
| Current Liabilities | 152.75 M | ||||
About TriMas Performance
To evaluate TriMas Stock as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when TriMas generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare TriMas Stock's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand TriMas market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents TriMas's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.| Last Reported | Projected for Next Year | ||
| Days Of Inventory On Hand | 100.54 | 69.52 | |
| Return On Tangible Assets | 0.05 | 0.05 | |
| Return On Capital Employed | 0.07 | 0.08 | |
| Return On Assets | 0.03 | 0.03 | |
| Return On Equity | 0.06 | 0.06 |
Things to note about TriMas performance evaluation
Checking the ongoing alerts about TriMas for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for TriMas help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| TriMas is unlikely to experience financial distress in the next 2 years | |
| TriMas has a very strong financial position based on the latest SEC filings | |
| Over 99.0% of the company shares are owned by institutional investors | |
| On 8th of March 2024 TriMas paid $ 0.04 per share dividend to its current shareholders | |
| Latest headline from seekingalpha.com: Trimas declares 0.04 dividend |
- Analyzing TriMas' financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether TriMas' stock is overvalued or undervalued compared to its peers.
- Examining TriMas' industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating TriMas' management team can have a significant impact on its success or failure. Reviewing the track record and experience of TriMas' management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of TriMas' stock. These opinions can provide insight into TriMas' potential for growth and whether the stock is currently undervalued or overvalued.
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in TriMas. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area. For more information on how to buy TriMas Stock please use our How to Invest in TriMas guide.You can also try the Global Correlations module to find global opportunities by holding instruments from different markets.
Complementary Tools for TriMas Stock analysis
When running TriMas' price analysis, check to measure TriMas' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy TriMas is operating at the current time. Most of TriMas' value examination focuses on studying past and present price action to predict the probability of TriMas' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move TriMas' price. Additionally, you may evaluate how the addition of TriMas to your portfolios can decrease your overall portfolio volatility.
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Is TriMas' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of TriMas. If investors know TriMas will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about TriMas listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.58) | Dividend Share 0.16 | Earnings Share 0.97 | Revenue Per Share 21.563 | Quarterly Revenue Growth 0.031 |
The market value of TriMas is measured differently than its book value, which is the value of TriMas that is recorded on the company's balance sheet. Investors also form their own opinion of TriMas' value that differs from its market value or its book value, called intrinsic value, which is TriMas' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because TriMas' market value can be influenced by many factors that don't directly affect TriMas' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between TriMas' value and its price as these two are different measures arrived at by different means. Investors typically determine if TriMas is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, TriMas' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.