Trajan Group Holdings Ltd (TRJ) AI Stock Analysis

• Market Cap: AU$105.25M
• Dividend Yield: N/A
• Average Volume (3M): 21.61K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.30
• Revenue Growth: 7.38%
• EPS Growth: 82.39%
• Country: AU
• Employees: 600
• Sector: Healthcare
• Sector Strength: 45
• Industry: Medical - Instruments & Supplies
• EPS (TTM): >-0.01
• Shares Outstanding: 152,540,020
• 10 Day Avg. Volume: 15,523
• 30 Day Avg. Volume: 21,606
• PEG Ratio: 0.29
• Price to Book (P/B): 1.03
• Price to Sales (P/S): 0.65
• P/FCF Ratio: 16.14
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: AU$1.25
• Price Target Upside: 78.57% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 1
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 47 Neutral
• Price Target: AU$0.50 ▼(-28.57% Downside)

Trajan Group Holdings Ltd's overall stock score is primarily impacted by its financial performance challenges, including negative net income and weak cash flow management. Technical analysis indicates a bearish trend with weak momentum. Valuation concerns arise from a negative P/E ratio and lack of dividend yield, further weighing down the score.

Positive Factors

Revenue Growth

Consistent revenue growth indicates a stable demand for Trajan's products and services, supporting long-term business sustainability and market presence.

Stable Equity Position

A stable equity position provides a solid financial foundation, enabling Trajan to invest in growth opportunities and withstand economic fluctuations.

Recurring Revenue Stream

Recurring revenue from consumables ensures a steady cash flow, enhancing financial stability and enabling strategic investments in innovation.

Negative Factors

Negative Net Income

Negative net income indicates profitability challenges, which may hinder Trajan's ability to reinvest in business growth and innovation.

Weak Cash Flow Management

Decreasing free cash flow limits Trajan's financial flexibility, affecting its capability to fund operations and pursue strategic initiatives.

Low Operational Efficiency

Low operational efficiency can lead to higher costs and reduced competitiveness, impacting Trajan's long-term profitability and market position.

Trajan Group Holdings Ltd Business Overview & Revenue Model

Company Description

Trajan Group Holdings Limited develops, manufactures, sells, and distributes analytical and life science products and devices in Australia, New Zealand, Malaysia, Japan, the United States, Europe, the Middle East, Africa, and India. The company operates through two segments, Analytical Products and Life Science Solutions. It offers analytical products, including syringes, GC consumables, septas, caps, liners, gas filters, and tubing products; pathology solutions; and sampling products, as well as automation systems for the analysis of biological, food, and environmental samples. The company also provides nutrition testing solutions for pathology laboratories, research and clinical trials, personalized nutrition, corporate wellness, and health insurance. In addition, it offers automation workflow solutions, micro sampling devices, and data analysis services. Trajan Group Holdings Limited was incorporated in 2011 and is headquartered in Ringwood, Australia.

How the Company Makes Money

Trajan Group Holdings generates revenue through multiple key streams, primarily from the sale of its innovative laboratory and analytical products. The company profits by providing specialized consumables and equipment to laboratories, research institutions, and healthcare providers. Additionally, Trajan engages in partnerships and collaborations with other organizations in the healthcare sector, enhancing its market reach and technological capabilities. The company also focuses on recurring revenue through consumables, which are essential for ongoing laboratory operations, thereby establishing a stable income base. Furthermore, Trajan may benefit from strategic acquisitions that expand its product offerings and market presence.

Trajan Group Holdings Ltd Financial Statement Overview

Summary

Trajan Group Holdings Ltd is experiencing moderate revenue growth but is facing profitability challenges with negative net income. The balance sheet shows a stable equity position but is impacted by the negative return on equity. Cash flow management needs improvement, particularly in generating free cash flow. The company should focus on enhancing operational efficiency and profitability to strengthen its financial position.

Income Statement

Trajan Group Holdings Ltd has shown a modest revenue growth rate of 4.29% in the most recent year, indicating a positive trend. However, the company is currently experiencing negative net income, resulting in a negative net profit margin. The gross profit margin is relatively healthy, but the EBIT and EBITDA margins are low, suggesting challenges in operational efficiency and cost management.

Balance Sheet

The company's debt-to-equity ratio is moderate, indicating a balanced approach to leveraging. However, the return on equity is negative due to the net loss, which is a concern. The equity ratio is stable, showing a solid foundation of equity relative to total assets.

Cash Flow

Free cash flow has decreased by 20.04%, which is a negative indicator. The operating cash flow is positive and covers net income, but the free cash flow to net income ratio is not favorable due to the net loss. The company needs to improve its cash flow generation to support operations and growth.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	159.62M	166.46M	155.02M	162.15M	107.57M	76.57M
Gross Profit	60.24M	63.47M	59.75M	22.93M	42.63M	28.48M
EBITDA	10.62M	8.14M	-20.36M	14.16M	5.14M	3.46M
Net Income	-28.48M	-4.46M	-25.33M	1.89M	1.70M	1.88M
Balance Sheet
Total Assets	199.03M	195.63M	188.00M	229.04M	206.78M	99.38M
Cash, Cash Equivalents and Short-Term Investments	10.44M	11.85M	11.24M	11.04M	13.16M	51.72M
Total Debt	55.94M	55.49M	56.16M	61.30M	66.18M	17.02M
Total Liabilities	93.36M	90.01M	85.15M	99.51M	90.27M	33.30M
Stockholders Equity	105.67M	105.62M	102.85M	129.53M	116.51M	66.08M
Cash Flow
Free Cash Flow	8.43M	6.74M	6.43M	998.00K	-1.28M	8.34M
Operating Cash Flow	11.95M	10.83M	9.47M	9.55M	2.13M	9.45M
Investing Cash Flow	-3.52M	-4.09M	-3.04M	-8.55M	-116.38M	402.00K
Financing Cash Flow	-9.99M	-5.64M	-6.40M	-3.36M	74.69M	36.81M

Trajan Group Holdings Ltd Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 0.70
• 50DMA: Positive
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:TRJ, the sentiment is Neutral. The current price of 0.7 is above the 20-day moving average (MA) of 0.68, above the 50-day MA of 0.68, and below the 200-day MA of 0.77, indicating a neutral trend. The MACD of <0.01 indicates Negative momentum. The RSI at 52.02 is Neutral, neither overbought nor oversold. The STOCH value of 51.32 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for AU:TRJ.

Trajan Group Holdings Ltd Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
EZZ	70 Outperform	AU$85.15M	12.41	27.24%	2.81%	0.65%	-9.90%
AHC	67 Neutral	AU$144.28M	23.31	12.35%	―	39.98%	-30.04%
Sector *	51 Neutral	$7.86B	-0.30	-43.30%	2.27%	22.53%	-2.21%
CYC	50 Neutral	AU$108.36M	-8.20	-31.98%	―	34.20%	-23.90%
TRJ	47 Neutral	AU$105.25M	-24.06	-4.28%	―	7.38%	82.39%
ALA	44 Neutral	AU$106.91M	-12.94	-47.98%	―	700.00%	26.88%
SHG	43 Neutral	AU$83.20M	-12.11	―	―	―	―

Trajan Group Holdings Ltd Corporate Events

Trajan Group Holdings Director’s Share Acquisition

Trajan Group Holdings Ltd has announced a change in the director’s interest notice, specifically regarding Stephen Tomisich. The change involves the acquisition of 13,569 ordinary shares by Mr. Tomisich through an indirect interest, increasing his total indirect holdings to 76,978,851 ordinary shares. This transaction was executed through an on-market purchase valued at $8,819.85, reflecting a strategic move that may impact the company’s governance and shareholder confidence.

The most recent analyst rating on (AU:TRJ) stock is a Hold with a A$0.50 price target. To see the full list of analyst forecasts on Trajan Group Holdings Ltd stock, see the AU:TRJ Stock Forecast page.

Trajan Group Holdings Issues Unquoted Equity Securities

Trajan Group Holdings Ltd has announced the issuance of 244,388 unquoted equity securities under an employee incentive scheme, which are not intended to be quoted on the ASX. This move is part of the company’s strategy to incentivize and retain talent, potentially impacting its operational dynamics by aligning employee interests with company growth.

The most recent analyst rating on (AU:TRJ) stock is a Hold with a A$0.50 price target. To see the full list of analyst forecasts on Trajan Group Holdings Ltd stock, see the AU:TRJ Stock Forecast page.

Trajan Group Director Increases Shareholding

Trajan Group Holdings Limited has announced a change in the director’s interest notice, specifically regarding Stephen Tomisich, who is a director and beneficiary of the Tomisich Family Pty Ltd. The announcement details the acquisition of 24,055 ordinary shares by Mr. Tomisich, increasing his indirect holdings to 76,965,282 shares. This purchase was conducted through an on-market trade, reflecting a continued investment in the company by its leadership.

The most recent analyst rating on (AU:TRJ) stock is a Hold with a A$0.50 price target. To see the full list of analyst forecasts on Trajan Group Holdings Ltd stock, see the AU:TRJ Stock Forecast page.

Trajan Group Holdings Updates Director’s Interest Notice

Trajan Group Holdings Ltd has announced a change in the director’s interest notice for Tiffiny Lewin. The change involves the acquisition of 63,875 unlisted options under the company’s Long Term Incentive Plan, as approved at the 2025 Annual General Meeting, increasing her total unlisted options to 116,897. This move reflects the company’s commitment to aligning director incentives with long-term company performance, potentially impacting stakeholder confidence positively.

The most recent analyst rating on (AU:TRJ) stock is a Hold with a A$0.50 price target. To see the full list of analyst forecasts on Trajan Group Holdings Ltd stock, see the AU:TRJ Stock Forecast page.

Trajan Group Holdings Ltd Announces Director’s Interest Change

Trajan Group Holdings Ltd announced a change in the director’s interest, specifically involving Rohit Khanna, who has acquired an additional 63,875 unlisted options under the company’s Long Term Incentive Plan. This change, approved at the 2025 Annual General Meeting, reflects the company’s commitment to aligning management incentives with long-term strategic goals, potentially impacting stakeholder confidence and the company’s market positioning.

The most recent analyst rating on (AU:TRJ) stock is a Hold with a A$0.50 price target. To see the full list of analyst forecasts on Trajan Group Holdings Ltd stock, see the AU:TRJ Stock Forecast page.

Trajan Group Announces Director’s Interest Change

Trajan Group Holdings Ltd has announced a change in the director’s interest notice, specifically concerning John Eales. The company has issued 95,813 unlisted options to Mr. Eales under the Long Term Incentive Plan, which was approved at the 2025 Annual General Meeting. This change reflects the company’s ongoing commitment to aligning director incentives with long-term shareholder value, potentially impacting the company’s governance and stakeholder confidence.

The most recent analyst rating on (AU:TRJ) stock is a Hold with a A$0.50 price target. To see the full list of analyst forecasts on Trajan Group Holdings Ltd stock, see the AU:TRJ Stock Forecast page.

Trajan Group Director Increases Shareholding

Trajan Group Holdings Limited has announced a change in the director’s interest, specifically involving Stephen Tomisich, who has acquired 62,482 ordinary shares through an on-market purchase. This transaction increases his indirect holding to 76,941,227 ordinary shares, while his direct holding remains at 30,000 unlisted options. The acquisition, valued at $40,600.89, reflects a strategic move within the company, potentially impacting its market positioning and stakeholder interests.

The most recent analyst rating on (AU:TRJ) stock is a Hold with a A$0.50 price target. To see the full list of analyst forecasts on Trajan Group Holdings Ltd stock, see the AU:TRJ Stock Forecast page.

Trajan Group Holdings Announces Director Resignation

Trajan Group Holdings Ltd has announced the resignation of Sara Watts from its board of directors, effective October 28, 2025. This change in leadership may influence the company’s strategic direction and stakeholder relations, as Watts held significant shares both personally and through JESET Pty Ltd, indicating a notable shift in the company’s governance structure.

The most recent analyst rating on (AU:TRJ) stock is a Hold with a A$1.00 price target. To see the full list of analyst forecasts on Trajan Group Holdings Ltd stock, see the AU:TRJ Stock Forecast page.

Trajan Group Holdings Successfully Concludes 2025 AGM with All Resolutions Passed

Trajan Group Holdings Limited held its 2025 Annual General Meeting, where all resolutions presented to shareholders were carried with significant majorities. The resolutions included the adoption of the remuneration report and the granting of options to directors, reflecting strong shareholder support for the company’s strategic direction and governance. This outcome reinforces Trajan’s stable position in the analytical science industry and indicates continued confidence from its stakeholders.

The most recent analyst rating on (AU:TRJ) stock is a Hold with a A$1.00 price target. To see the full list of analyst forecasts on Trajan Group Holdings Ltd stock, see the AU:TRJ Stock Forecast page.

Trajan Group Holdings Reports Strong Growth and Sustainability Advances

Trajan Group Holdings Ltd reported a strong financial performance with a revenue of $166.5 million, reflecting a growth of over 7% despite economic and political uncertainties. The company’s strategic focus on quality and regional manufacturing allowed it to quickly adapt to challenges, launching new product lines in Malaysia within eight weeks. Trajan also emphasized its commitment to sustainability, achieving a ‘good’ EcoVadis sustainability score and transitioning to renewable energy in key regions. The company aims to build long-term value through commercial success and transparent shareholder communication.

The most recent analyst rating on (AU:TRJ) stock is a Hold with a A$1.00 price target. To see the full list of analyst forecasts on Trajan Group Holdings Ltd stock, see the AU:TRJ Stock Forecast page.