-0.10%
-15.68%
-22.45%
-19.68%
-12.73%
-33.26%
-23.40%
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Company Description
TriMas Corporation designs, develops, manufactures, and sells products for consumer products, aerospace, and industrial markets worldwide.It operates through three segments: Packaging, Aerospace, and Specialty Products.The Packaging segment offers dispensing products, such as foaming and sanitizer pumps, lotion and hand soap pumps, beverage dispensers, perfume sprayers, and nasal and trigger sprayers; polymeric and steel caps and closures comprising food lids, flip-top and beverage closures, child resistance caps, drum and pail closures, flexible spouts, and agricultural closures; polymeric jar products; integrated dispensers; bag-in-box products; aseptic closures; industrial closures and flex spouts; custom injection molded components and devices; various injection molded products; and single-bodied and assembled caps and closures under the Rieke, Taplast, Affaba & Ferrari, Stolz, Omega, and Rapak brands.
The Aerospace segment provides fasteners, collars, blind bolts, rivets, ducting, and connectors for air management systems, and machined parts and components to original equipment manufacturers, supply chain distributors, MRO/aftermarket providers, and tier one suppliers; and military and defense aerospace applications and platforms under the Monogram Aerospace Fasteners, Allfast Fastening Systems, Mac Fasteners, TFI Aerospace, RSA Engineered Products, and Martinic Engineering brands.The Specialty Products segment offers steel cylinders for use in the transportation, storage, and dispensing of compressed gases under the Norris Cylinder brand; natural gas powered wellhead engines, compressors, and replacement parts for oil and natural gas production, and other industrial and commercial markets under the Arrow brand; and spare parts for various industrial engines.The company sells its products through a direct sales force, third-party agents, and distributors.
TriMas Corporation was incorporated in 1986 and is headquartered in Bloomfield Hills, Michigan.
Market Data
| Last Price | 20.49 |
| Change Percentage | -0.10% |
| Open | 20.67 |
| Previous Close | 20.51 |
| Market Cap ( Millions) | 832 |
| Volume | 523009 |
| Year High | 28.51 |
| Year Low | 19.33 |
| M A 50 | 23.88 |
| M A 200 | 25.39 |
Financial Ratios
| FCF Yield | 1.54% |
| Dividend Yield | 0.78% |
| ROE | 3.59% |
| Debt / Equity | 6.70% |
| Net Debt / EBIDTA | 18.90% |
| Price To Book | 1.25 |
| Price Earnings Ratio | 34.28 |
| Price To FCF | 64.86 |
| Price To sales | 0.9 |
| EV / EBITDA | 7.45 |
News
- Mar -01 - TriMas Corporation (TRS) Q4 2024 Earnings Call Transcript
- Feb -28 - TriMas Earnings Miss Estimates in Q4, Revenues Increase 9% Y/Y
- Feb -27 - TriMas (TRS) Q4 Earnings and Revenues Miss Estimates
- Feb -27 - TriMas Reports Fourth Quarter and Full Year 2024 Results
- Feb -18 - 2 Metal Fabrication Stocks to Watch Despite Ongoing Industry Weakness
- Feb -10 - TriMas Announces Continued Review of Portfolio Actions to Maximize Shareholder Value
- Feb -07 - WOODWARD PARK PARTNERS ADVISES TRIMAS IN ITS SALE OF ARROW ENGINE TO IES INFRASTRUCTURE SOLUTIONS
- Feb -07 - TriMas Announces Fourth Quarter and Full Year 2024 Earnings Conference Call Date
- Jan -31 - TriMas Completes Sale of Its Arrow Engine Business
- Jan -30 - TriMas Corporation: This Play Could Have A Strong Catalyst For Upside
- Jan -29 - TriMas Packaging Awarded EcoVadis Gold Rating for Sustainability Efforts
- Jan -21 - TriMas Packaging Group to Exhibit at Paris Packaging Week and LUXE PACK Los Angeles 2025
- Jan -14 - TriMas Packaging Launches New Recyclable Foaming Pump
- Jan -10 - Activist Barington urges manufacturer TriMas to consider sale of company
- Jan -10 - BARINGTON CAPITAL GROUP CALLS ON THE BOARD OF DIRECTORS OF TRIMAS CORPORATION TO RETAIN A FINANCIAL ADVISOR TO PURSUE STRATEGIC ALTERNATIVES FOR THE COMPANY
- Nov -26 - TriMas Enhances Operational Efficiency With Facility Launch in China
- Nov -25 - TriMas Packaging Unveils New State-of-the-Art Facility in Haining, China
- Nov -25 - TriMas Announces Winner of Its Annual Kaizen Challenge
- Nov -11 - TriMas Shares Rise 10% Despite Q3 Earnings Missing Estimates
- Nov -04 - TriMas Corporation (TRS) Q3 2024 Earnings Call Transcript
Business Breakdown
Expected Mid-Term Growth
Segment n°1 -> Packaging
Expected Growth : 2.5 %
What the company do ?
TriMas Corporation's Packaging segment provides dispensing systems, closures, and specialty packaging products for the beauty and personal care, food and beverage, and pharmaceutical industries.
Why we expect these perspectives ?
TriMas Corporation's Packaging segment growth is driven by increasing demand for sustainable and specialty packaging solutions, particularly in the food and beverage industry. Additionally, the company's focus on innovation, strategic acquisitions, and operational efficiencies have contributed to its 2.5% growth rate.
Segment n°2 -> Aerospace
Expected Growth : 3.5 %
What the company do ?
Aerospace, a segment of TriMas Corporation, designs and manufactures highly engineered products for the aerospace industry, including fasteners, bearings, and seals.
Why we expect these perspectives ?
TriMas Corporation's Aerospace segment growth of 3.5% is driven by increasing demand for commercial aircraft, rising defense spending, and growing adoption of advanced materials and technologies. Additionally, the company's focus on innovation, operational efficiency, and strategic acquisitions are contributing to its growth momentum.
Segment n°3 -> Specialty Products
Expected Growth : 2.8 %
What the company do ?
TriMas Corporation's Specialty Products segment offers a range of highly-engineered, customized products for industrial, commercial, and consumer applications.
Why we expect these perspectives ?
TriMas Corporation's Specialty Products segment growth of 2.8% is driven by increasing demand for customized dispensing systems, growth in the beauty and personal care market, and expansion into new geographic regions. Additionally, the company's focus on innovation, operational efficiency, and strategic acquisitions also contribute to the segment's growth.
Trimas Corporation Products
| Product Range | What is it ? |
|---|---|
| Rieke Packaging Systems | Rieke is a leading manufacturer of dispensing and packaging systems for the beauty and personal care, food and beverage, and pharmaceutical industries. |
| Aramid and Laminated Products | TriMas' Aramid and Laminated Products segment produces high-performance materials used in various industrial and consumer applications. |
| Specialty Fasteners | TriMas' Specialty Fasteners segment produces high-performance fasteners used in aerospace, industrial, and automotive applications. |
| Engineered Components | TriMas' Engineered Components segment produces high-performance components used in industrial, aerospace, and defense applications. |
TriMas Corporation's Porter Forces
Threat Of Substitutes
TriMas Corporation's products are moderately substitutable, as customers have some alternatives, but they are not easily replaceable.
Bargaining Power Of Customers
TriMas Corporation's customers have limited bargaining power due to the company's diversified customer base and lack of concentration.
Bargaining Power Of Suppliers
TriMas Corporation's suppliers have moderate bargaining power, as the company relies on a few key suppliers, but has some flexibility in its supply chain.
Threat Of New Entrants
The threat of new entrants is low for TriMas Corporation, as the company operates in a capital-intensive industry with high barriers to entry.
Intensity Of Rivalry
The intensity of rivalry is high in TriMas Corporation's industry, with several established players competing for market share.
Capital Structure
| Value | |
|---|---|
| Debt Weight | 37.14% |
| Debt Cost | 4.50% |
| Equity Weight | 62.86% |
| Equity Cost | 7.45% |
| WACC | 6.35% |
| Leverage | 59.09% |
TriMas Corporation : Quality Control
TriMas Corporation passed 2 out of 9 key points:
Historical Valuation
Price/Earnings Ratio
Margin Valuation
Peers Valuation
Competitors
| Company | Rational |
|---|---|
| OI | O-I Glass, Inc., through its subsidiaries, manufactures and sells glass containers to food and beverage manufacturers primarily in the Americas, Europe, and the Asia Pacific. The company produces glass containers … |
| PACK | Ranpak Holdings Corp., together with its subsidiaries, provide product protection solutions for e-commerce and industrial supply chains in North America, Europe, and Asia. The company offers protective packaging solutions, such … |
| TUP | Tupperware Brands Corporation operates as a consumer products company worldwide. The company manufactures, markets, and sells design-centric preparation, storage, and serving solutions for the kitchen and home, as well as … |
| PTVE | Pactiv Evergreen Inc. manufactures and distributes fresh foodservice and food merchandising products, and fresh beverage cartons in North America. It operates through three segments: Foodservice, Food Merchandising, and Beverage Merchandising. … |
| MYE | Myers Industries, Inc. engages in distribution of tire service supplies in Ohio. It operates through The Material Handling and Distribution segments. The Material Handling segment offers pallets, small parts bins, … |
Peers Metrics
DCF BETA
Expected Cash-Flows
Scoring Insights
Peers Group Analysis
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Myers Industries
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Pactiv Evergreen
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TriMas
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O-I Glass
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Ranpak
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