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Trifast PLC (GB:TRI)
LSE:TRI

Trifast (TRI) AI Stock Analysis

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GBTrifast
(LSE:TRI)
55Neutral
Trifast's overall stock score reflects its significant challenges in profitability and valuation. However, the company's solid balance sheet and improved cash flow provide a foundation for potential recovery. The technical analysis suggests bearish momentum, but recent insider buying offers a positive signal for future prospects. The blend of these factors results in a moderate stock score, indicating cautious optimism amid current challenges.

Trifast (TRI) vs. S&P 500 (SPY)

Trifast Business Overview & Revenue Model

Company DescriptionTrifast plc (TRI) is an international manufacturer and distributor of industrial fastenings and related components. Operating across various sectors including automotive, electronics, domestic appliances, and general industrial, the company provides a comprehensive range of fastening solutions. Trifast's core products include screws, nuts, bolts, and washers, which are essential components in the assembly and manufacturing processes of their clients.
How the Company Makes MoneyTrifast makes money primarily by manufacturing and distributing a wide array of industrial fastenings and related products. Their revenue model is based on selling these components to businesses within sectors such as automotive, electronics, and household appliances, where reliable fastening solutions are critical. The company benefits from long-term contracts and relationships with Original Equipment Manufacturers (OEMs) and tier suppliers, ensuring a steady demand for their products. Trifast also enhances its revenue through strategic acquisitions and expanding its product range, thereby increasing market share and entering new geographical markets. Additionally, the company focuses on providing value-added services such as technical support and logistics solutions, which can create additional revenue streams.

Trifast Financial Statement Overview

Summary
Trifast faces profitability challenges, with declining revenues and negative net income impacting income statement metrics. However, its balance sheet remains solid with a reasonable debt profile and strong equity ratio. Cash flow improvements provide some optimism, indicating effective cash management despite operational losses.
Income Statement
55
Neutral
The company shows a declining revenue trend, with a revenue decrease of 4.39% from 2023 to 2024. Gross profit margin stands at 25.37%, and the net profit margin is negative, indicating profitability challenges. The EBIT and EBITDA margins are low at 1.98% and 6.24%, respectively, highlighting operational efficiency issues.
Balance Sheet
60
Neutral
The company maintains a debt-to-equity ratio of 0.49, which is reasonable. The return on equity is negative due to net losses, but the equity ratio is robust at 53.95%, indicating a strong equity base relative to assets.
Cash Flow
70
Positive
Free cash flow has improved significantly from the previous year, showing a strong growth rate. The operating cash flow to net income ratio is favorable due to positive operating cash flow despite a net loss, suggesting cash generation capability.
Breakdown
Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020
Income StatementTotal Revenue
233.67M244.39M218.62M188.16M200.22M
Gross Profit
59.27M61.93M58.43M49.91M55.11M
EBIT
4.63M-8.00K11.60M8.76M4.08M
EBITDA
14.58M9.26M18.89M15.84M11.06M
Net Income Common Stockholders
-4.44M-2.87M8.98M5.79M-238.00K
Balance SheetCash, Cash Equivalents and Short-Term Investments
20.88M31.80M26.74M30.27M28.73M
Total Assets
230.16M265.33M255.02M209.92M216.14M
Total Debt
60.27M85.64M64.22M29.76M59.00M
Net Debt
39.39M53.84M37.48M-509.00K30.27M
Total Liabilities
105.98M129.44M115.87M78.11M100.48M
Stockholders Equity
124.18M135.89M139.15M131.80M115.66M
Cash FlowFree Cash Flow
24.00M-2.66M-23.14M20.24M10.92M
Operating Cash Flow
28.58M2.96M-17.90M23.30M15.52M
Investing Cash Flow
-235.00K-5.46M-11.03M-2.98M-5.01M
Financing Cash Flow
-38.17M7.36M24.06M-17.05M-7.29M

Trifast Technical Analysis

Technical Analysis Sentiment
Negative
Last Price67.60
Price Trends
50DMA
77.17
Negative
100DMA
78.79
Negative
200DMA
76.82
Negative
Market Momentum
MACD
-2.69
Positive
RSI
35.80
Neutral
STOCH
15.97
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For GB:TRI, the sentiment is Negative. The current price of 67.6 is below the 20-day moving average (MA) of 72.93, below the 50-day MA of 77.17, and below the 200-day MA of 76.82, indicating a bearish trend. The MACD of -2.69 indicates Positive momentum. The RSI at 35.80 is Neutral, neither overbought nor oversold. The STOCH value of 15.97 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for GB:TRI.

Trifast Peers Comparison

Overall Rating
UnderperformOutperform
Sector (62)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
80
Outperform
£10.31B35.8316.90%0.81%11.94%20.48%
GBVCT
70
Outperform
£911.33M52.983.58%5.68%-5.21%-72.13%
GBRAT
69
Neutral
£1.72B26.014.83%3.29%49.59%24.74%
66
Neutral
£5.74B44.3814.50%1.38%13.59%6.14%
62
Neutral
$8.11B13.341.17%3.02%4.16%-15.14%
GBTRI
55
Neutral
£91.16M-3.67%2.66%-4.90%-21.83%
* Industrials Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
GB:TRI
Trifast
67.60
-5.02
-6.91%
GB:VCT
Victrex
994.00
-233.52
-19.02%
GB:DPLM
Diploma
4,282.00
928.92
27.70%
GB:RAT
Rathbones Group PLC
1,610.00
108.93
7.26%
GB:HLMA
Halma plc
2,679.00
432.50
19.25%

Trifast Corporate Events

Business Operations and StrategyFinancial Disclosures
Trifast PLC Reports Resilient Third-Quarter Performance Amid Global Challenges
Positive
Feb 13, 2025

Trifast PLC has shown operational and financial resilience in its third-quarter trading update, demonstrating effective navigation of global challenges by focusing on key objectives such as margin management and operational efficiency. The company’s ‘Recover, Rebuild and Resilience’ transformation roadmap is positively impacting its performance, underpinning confidence in meeting full-year expectations and achieving mid-term ambitions. The leadership team is committed to aligning customer expectations and delivering shareholder value through its core strengths of quality and technical engineering capabilities.

Executive/Board Changes
Trifast CFO Increases Stake with Share Purchase
Positive
Feb 5, 2025

Trifast PLC announced that its Chief Financial Officer, Ms. Kate Ferguson, has acquired 12,774 ordinary shares of the company, enhancing her stake in the firm. This transaction, executed on the London Stock Exchange, reflects a demonstration of confidence by a senior executive, potentially indicating positive sentiment about the company’s future prospects.

Other
Trifast CEO Increases Shareholding with Significant Purchase
Positive
Feb 4, 2025

Trifast PLC announced that its CEO, Mr. Iain Percival, has acquired an additional 63,529 ordinary shares, increasing his total beneficial interest to 388,012 shares. This purchase reflects a potential vote of confidence in the company’s future from its leadership, possibly impacting investor perceptions and market dynamics.

Other
Trifast Director Increases Shareholding, Signaling Confidence
Positive
Jan 28, 2025

Trifast PLC announced that Nicholas Mills, a Director of the company, has increased his shareholding by purchasing 100,000 ordinary shares at a price of 80.00p each. This acquisition raises his total interest to 21,185,000 shares, representing 15.563% of the company’s issued share capital, reflecting confidence in the company’s future prospects and potentially impacting stakeholder perceptions and market dynamics.

Business Operations and Strategy
Trifast Director Increases Stake, Signaling Confidence in Growth
Positive
Jan 27, 2025

Trifast PLC, a prominent player in the fasteners industry, has announced a significant increase in shareholding by Nicholas Mills, a Director of the company. Through associated investment vehicles, Mills acquired 400,000 ordinary shares, boosting his total interest to 15.490% of the company’s issued share capital. This strategic move signifies a show of confidence in Trifast’s market position and potential for growth, potentially impacting shareholder perspectives and market dynamics.

Regulatory Filings and Compliance
Trifast PLC Announces Change in Slater Investments’ Holdings
Neutral
Jan 23, 2025

Trifast PLC, a UK-based company, has announced a change in the holdings of Slater Investments, which now holds 12.997875% of voting rights in the company. This adjustment follows a slight decrease from their previous holding of 13.34%. The notification highlights Slater Investments’ influence in Trifast’s voting structure, potentially impacting the company’s strategic decisions and stakeholder dynamics.

Trifast PLC Sees Increase in Voting Rights by Harwood Capital LLP
Dec 11, 2024

Trifast PLC, a UK issuer, has experienced a change in its voting rights distribution as Harwood Capital LLP has increased its holdings. The acquisition by Harwood Capital LLP, which involves entities such as Rockwood Strategic Plc and Oryx International Growth Fund Limited, has resulted in a rise of their voting rights from 14.065350% to 15.166770%, indicating a significant influence over Trifast’s decision-making processes. This development may impact the company’s strategic direction and stakeholder engagements.

Trifast Director Increases Stake with Share Purchase
Dec 11, 2024

Trifast PLC announced that Nicholas Mills, a director of the company, has increased his stake by purchasing 297,112 ordinary shares at 81p each, bringing his total interest to 15.196% of the company’s issued share capital. This move signals strong confidence in the company’s future performance and may positively influence investor sentiment, potentially impacting its stock value and market position.

Trifast PLC Updates Total Voting Rights
Dec 10, 2024

Trifast PLC announced that as of December 10, 2024, it has 136,119,976 ordinary shares in issue, all of which carry voting rights. This information is pertinent for shareholders in accordance with the Financial Conduct Authority’s Disclosure and Transparency Rules, as it determines the threshold for notifying changes in interest in the company.

Glossary
OutperformA stock rated as "Outperform" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock is likely to deliver higher returns compared to the average returns of other stocks in the same sector or market index. Investors might consider this stock a good buying opportunity.
NeutralA stock rated as "Neutral" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly attractive nor unattractive for investment. Investors may consider holding onto the stock, as it is not expected to either significantly outperform or underperform the market.
UnderperformA stock rated as "Underperform" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock may deliver lower returns compared to the average returns of other stocks in the same sector or market index. Investors might consider selling the stock or avoiding it as an investment.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.