Trifast (TRI) AI Stock Analysis

• Market Cap: £105.18M
• Dividend Yield: 2.31%
• Average Volume (3M): 227.05K
• Price to Earnings (P/E): 101.3
• Beta (1Y): 0.24
• Revenue Growth: -4.37%
• EPS Growth: N/A
• Country: UK
• Employees: 1,200
• Sector: Industrials
• Sector Strength: 84
• Industry: Manufacturing - Tools & Accessories
• EPS (TTM): 0.01
• Shares Outstanding: 136,119,980
• 10 Day Avg. Volume: 244,709
• 30 Day Avg. Volume: 227,054
• PEG Ratio: -0.70
• Price to Book (P/B): 0.74
• Price to Sales (P/S): 0.40
• P/FCF Ratio: 6.66
• 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: £89.00
• Price Target Upside: 12.66% Upside
• Rating Consensus: Hold
• Number of Analyst Covering: 1

• Rating: 69 Neutral
• Price Target: 89.00p ▲(12.66% Upside)

Trifast's overall stock score reflects a stable financial performance with improved operational efficiency but challenges in revenue growth and cash flow. Positive technical momentum and insider confidence through share purchases are strong positives. However, a high P/E ratio raises valuation concerns.

Trifast Business Overview & Revenue Model

Company Description

Trifast plc, together with its subsidiaries, engages in the design, engineering, manufacture, and distribution of industrial fasteners and category C components in the United Kingdom, Europe, North America, and Asia. The company offers screws and bolts, nuts, washers, circlips, seals, rings, plastic and enclosure hardware, cable glands, security fasteners, spacers and pillars, tooling and driver bits, and other hardware products, as well as fasteners for sheet metal and plastic. It serves light and heavy vehicle, health and home, energy, tech, infrastructure, general, and distributor industries. Trifast plc was founded in 1973 and is headquartered in Uckfield, the United Kingdom.

How the Company Makes Money

Trifast generates revenue primarily through the sale of its fasteners and related products to various industries. The company's revenue model is driven by direct sales to customers, as well as through distribution agreements with partners. Key revenue streams include the supply of standard and bespoke fasteners, assembly services, and inventory management solutions. Trifast also benefits from long-term partnerships with major clients in the automotive and electronics sectors, which provide a stable base for ongoing sales. Additionally, the company invests in research and development to innovate and expand its product offerings, thereby enhancing its competitive edge and driving further revenue growth.

Trifast Financial Statement Overview

Summary

Trifast faces profitability challenges, with a decline in revenue and negative net income impacting financial metrics. However, the balance sheet is strong with a reasonable debt-to-equity ratio and robust equity ratio. Significant improvements in cash flow indicate effective cash management despite operational losses.

Income Statement

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

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

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	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	229.94M	223.47M	233.67M	244.39M	218.62M	188.16M
Gross Profit	59.78M	63.35M	58.83M	61.93M	58.43M	49.91M
EBITDA	12.98M	18.57M	14.58M	9.26M	18.89M	15.84M
Net Income	-4.66M	1.04M	-4.44M	-2.87M	8.98M	5.79M
Balance Sheet
Total Assets	228.55M	229.00M	230.16M	265.33M	255.02M	209.92M
Cash, Cash Equivalents and Short-Term Investments	25.07M	24.26M	20.88M	31.80M	26.74M	30.27M
Total Debt	58.97M	62.95M	60.27M	85.64M	64.22M	29.76M
Total Liabilities	106.74M	107.92M	105.98M	129.44M	115.87M	78.11M
Stockholders Equity	121.81M	121.08M	124.18M	135.89M	139.15M	131.80M
Cash Flow
Free Cash Flow	17.80M	13.47M	24.00M	-2.66M	-23.14M	20.24M
Operating Cash Flow	21.75M	16.89M	28.58M	2.96M	-17.90M	23.30M
Investing Cash Flow	334.00K	-2.21M	-235.00K	-5.46M	-11.03M	-2.98M
Financing Cash Flow	-25.94M	-10.87M	-38.17M	7.36M	24.06M	-17.05M

Trifast Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 79.00
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For GB:TRI, the sentiment is Positive. The current price of 79 is above the 20-day moving average (MA) of 76.39, above the 50-day MA of 70.96, and above the 200-day MA of 73.45, indicating a bullish trend. The MACD of 2.82 indicates Positive momentum. The RSI at 59.31 is Neutral, neither overbought nor oversold. The STOCH value of 34.15 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for GB:TRI.

Trifast Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
TRI	69 Neutral	£105.18M	101.30	0.85%	2.31%	-4.37%	―
Sector *	64 Neutral	$10.66B	16.26	6.50%	2.14%	2.69%	-21.81%
CLLN	―	£61.08M	―		―	―	―
RNO	75 Outperform	£182.88M	10.68	25.68%	0.62%	1.53%	-14.16%
CGS	71 Outperform	£119.08M	28.54	3.19%	6.72%	-21.14%	-75.01%
MPAC	64 Neutral	£101.50M	35.56	1.63%	―	7.18%	-28.05%
SFR	50 Neutral	£84.31M	32.43	-6.98%	11.90%	-2.71%	-188.37%

Trifast Corporate Events

Trifast Chair Increases Stake with Significant Share Purchase

Trifast plc announced that Serena Lang, the Independent Non-Executive Chair, purchased 31,184 ordinary shares, increasing her beneficial interest to 218,195 shares. This transaction, conducted on the London Stock Exchange, reflects a significant personal investment by a key company leader, potentially signaling confidence in the company’s future performance and stability.

Trifast Releases 2025 Annual Report and Announces AGM

Trifast plc has announced the availability of its 2025 Annual Report and financial statements, which are now accessible on their website. The report, along with the Notice of Meeting and Form of Proxy, has been distributed to shareholders, and the Annual General Meeting is scheduled for September 11, 2025. This release underscores Trifast’s commitment to transparency and stakeholder engagement, while also highlighting its strategic focus on sustainable growth and customer success through its advanced engineering and manufacturing capabilities.

Trifast Director Increases Stake, Signaling Confidence in Company

Trifast PLC announced an amendment to a previous shareholding statement, confirming that Nicholas Mills, a director of the company, has increased his stake by purchasing 500,000 ordinary shares. This transaction raises Mills’ total shareholding to 22,185,000 shares, representing 16.3% of the company’s issued share capital, potentially indicating confidence in the company’s future performance and impacting its market perception.

Trifast Director Increases Stake with Significant Share Purchase

Trifast plc announced that Nicholas Mills, a Director of the company, has increased his stake by purchasing 500,000 ordinary shares at a price of 65.5228p each. This acquisition raises Mills’ total interest to 22,145,000 shares, representing 16.27% of the company’s issued share capital, potentially strengthening his influence within the company and signaling confidence in its future performance.

Trifast PLC Reports Strong FY25 Results Amid Strategic Transformation

Trifast PLC reported its full-year 2025 results, showing a strong performance driven by strategic initiatives despite challenging market conditions. The company achieved a significant increase in underlying EBIT and improved its balance sheet, demonstrating successful execution of its ‘Recover, Rebuild, Resilience’ strategy. Trifast aims to continue its momentum into FY26, focusing on margin management and operational efficiency to counteract macroeconomic headwinds and achieve its medium-term target of an EBIT margin greater than 10%.