Trifast (TRI) AI Stock Analysis

• Market Cap: £101.13M
• Dividend Yield: 2.4%
• Average Volume (3M): 114.35K
• Price to Earnings (P/E): 97.4
• Beta (1Y): -0.27
• Revenue Growth: -6.32%
• EPS Growth: N/A
• Country: UK
• Employees: 1,200
• Sector: Industrials
• Sector Strength: 72
• Industry: Manufacturing - Tools & Accessories
• EPS (TTM): 0.02
• Shares Outstanding: 136,119,980
• 10 Day Avg. Volume: 248,725
• 30 Day Avg. Volume: 114,352
• 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: £135.00
• Price Target Upside: 80.00% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 2
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 62 Neutral
• Price Target: 81.00p ▲(8.00% Upside)

Trifast's overall score reflects a stable financial position with operational improvements, but challenges remain in revenue growth and cash flow. Positive corporate events and executive confidence provide a boost, while technical and valuation metrics suggest caution.

Positive Factors

Operational Efficiency

Improved operational efficiency suggests that Trifast is effectively managing its resources, which can lead to better cost control and potentially higher profitability in the long term.

Balance Sheet Health

A reasonable debt-to-equity ratio indicates that Trifast has a solid financial foundation, allowing for flexibility in funding future growth initiatives and weathering economic downturns.

Product Innovation

Continuous investment in R&D enhances Trifast's competitive edge, enabling the company to meet evolving customer needs and drive long-term revenue growth.

Negative Factors

Revenue Decline

A decline in revenue suggests challenges in maintaining market share or demand, which could impact future profitability and growth potential if not addressed.

Free Cash Flow Concerns

Reduced free cash flow growth can strain liquidity, limiting Trifast's ability to invest in growth opportunities or return capital to shareholders, potentially affecting long-term financial health.

Low Profitability

Low profitability indicates that Trifast may struggle to convert sales into actual profit, which can hinder its ability to reinvest in the business and compete effectively in the market.

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 manufactured fasteners and components to a broad customer base in multiple sectors. The company operates a multi-channel revenue model that includes direct sales to large OEMs (Original Equipment Manufacturers), distribution through third-party channels, and tailored solutions for specific industry needs. Key revenue streams include the sale of standard and custom fasteners, along with supplementary services such as inventory management and supply chain solutions. Additionally, Trifast benefits from strategic partnerships with major manufacturers and suppliers, enhancing its market reach and ability to provide comprehensive fastening solutions. The company's focus on efficiency and innovation, alongside its global presence, contributes to its overall earnings and competitive advantage in the fastener market.

Trifast Financial Statement Overview

Summary

Trifast's financial performance is stable but faces challenges. Improved operational efficiency is offset by declining revenue and reduced free cash flow growth, posing risks. The balance sheet is reasonable with manageable leverage, but profitability remains a concern.

Income Statement

Trifast's income statement shows a mixed performance. The gross profit margin has been relatively stable, indicating effective cost management. However, the net profit margin is low, and revenue has declined over the past year, suggesting challenges in maintaining top-line growth. The EBIT and EBITDA margins have improved, reflecting better operational efficiency.

Balance Sheet

The balance sheet reflects a moderate financial position. The debt-to-equity ratio is reasonable, indicating manageable leverage. Return on equity is low, suggesting limited profitability for shareholders. The equity ratio is stable, showing a solid asset base supported by equity.

Cash Flow

Cash flow analysis reveals some concerns. Free cash flow has decreased significantly, impacting liquidity. The operating cash flow to net income ratio is moderate, indicating decent cash generation relative to earnings. However, the decline in free cash flow growth rate is a potential risk.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	215.42M	223.47M	233.67M	244.39M	218.62M	188.16M
Gross Profit	61.87M	63.35M	58.83M	61.93M	58.43M	49.91M
EBITDA	17.75M	18.57M	14.58M	9.26M	18.89M	15.84M
Net Income	1.16M	1.04M	-4.44M	-2.87M	8.98M	5.79M
Balance Sheet
Total Assets	231.99M	229.00M	230.16M	265.33M	255.02M	209.92M
Cash, Cash Equivalents and Short-Term Investments	29.11M	24.26M	20.88M	31.80M	26.74M	30.27M
Total Debt	67.02M	62.95M	60.27M	85.64M	64.22M	29.76M
Total Liabilities	109.33M	107.92M	105.98M	129.44M	115.87M	78.11M
Stockholders Equity	122.66M	121.08M	124.18M	135.89M	139.15M	131.80M
Cash Flow
Free Cash Flow	7.70M	13.47M	24.00M	-2.66M	-23.14M	20.24M
Operating Cash Flow	13.42M	16.89M	28.58M	2.96M	-17.90M	23.30M
Investing Cash Flow	-5.62M	-2.21M	-235.00K	-5.46M	-11.03M	-2.98M
Financing Cash Flow	-2.04M	-10.87M	-38.17M	7.36M	24.06M	-17.05M

Trifast Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 75.00
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Positive
• MACD: Negative
• 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 Neutral. The current price of 75 is above the 20-day moving average (MA) of 73.55, below the 50-day MA of 76.46, and above the 200-day MA of 72.08, indicating a neutral trend. The MACD of -0.39 indicates Negative momentum. The RSI at 50.83 is Neutral, neither overbought nor oversold. The STOCH value of 63.82 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for GB:TRI.

Trifast Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
CGS	71 Outperform	£114.56M	23.74	3.82%	6.98%	-13.30%	-60.03%
RNO	70 Outperform	£164.10M	10.76	25.68%	―	1.53%	-7.99%
Sector *	63 Neutral	$10.79B	15.43	7.44%	2.01%	2.89%	-14.66%
TRI	62 Neutral	£101.13M	97.40	0.95%	2.40%	-6.32%	―
MPAC	61 Neutral	£99.24M	―	-17.46%	―	21.17%	-237.25%
SFR	54 Neutral	£84.02M	-5.55	-8.04%	12.98%	-19.13%	-581.31%

Trifast Corporate Events

Trifast Reports Resilient H1 2026 Performance Amid Market Challenges

Trifast plc reported its unaudited financial results for the first half of 2026, highlighting a resilient performance amid challenging macroeconomic conditions, particularly in the UK Automotive sector. The company is focusing on rebalancing its business towards faster-growing markets like Smart Infrastructure and Medical Equipment, and is investing in strategic initiatives to improve margins and operational efficiencies. Despite a 7% decline in revenue, Trifast achieved a gross profit margin improvement of 150 basis points to 28.9% and maintained its underlying earnings expectations for the year. The company is also expanding its operations in Saudi Arabia and enhancing its digital capabilities to drive long-term value creation.

Trifast Executives Increase Shareholdings, Signaling Confidence

Trifast plc announced recent share acquisitions by key executives under its Dividend Re-Investment Plan. CEO Iain Percival acquired 5,619 ordinary shares, while Senior Independent Non-Executive Director Clive Watson acquired 1,665 shares. These transactions reflect confidence in the company’s prospects and align with its strategic goals, potentially impacting stakeholder perceptions positively.

Trifast Reports Resilient H1 FY26 Performance Amidst Market Challenges

Trifast plc reported a trading update for the first half of FY26, indicating performance in line with expectations despite a 6.4% revenue decline due to tariff disruptions and challenges in the UK Automotive sector. The company saw growth in Smart Infrastructure in North America, with improvements in underlying gross and EBIT margins. Trifast’s financial position remains strong, with strategic investments in digital and technology projects. The company remains confident in achieving medium-term targets, focusing on self-help initiatives to enhance margins and working capital.

Trifast Executives Increase Shareholdings, Signaling Confidence

Trifast plc announced recent share acquisitions by its executives under the company’s Dividend Re-Investment Plan. CEO Iain Percival purchased 5,619 ordinary shares, while Senior Independent Non-Executive Director Clive Watson acquired 1,665 shares. These transactions reflect the executives’ confidence in the company’s future prospects and may positively influence stakeholder perceptions.

Trifast Director Increases Stake with Share Purchase

Trifast PLC announced that Nicholas Mills, a Director of the company, has increased his stake by purchasing 5,000 Ordinary Shares at 71.75p each, bringing his total interest to 22,150,000 shares, which represents 16.27% of the company’s issued share capital. This transaction, conducted on the London Stock Exchange, signifies a significant investment by a key director, potentially impacting the company’s market perception and shareholder confidence.

Trifast Appoints Pooja Bagga as Board Fellow

Trifast PLC has appointed Pooja Bagga as a Board Fellow for a 12-month period starting 12 September 2025. This appointment is part of Trifast’s participation in a programme aimed at developing a diverse Board talent pipeline, supported by the Empowering People of Colour Network. Pooja Bagga, currently the Group Chief Information Officer at the Guardian Media Group, brings expertise in AI, technology, and cyber, which is expected to contribute significantly to the company.

Trifast PLC Successfully Passes All AGM Resolutions

Trifast PLC announced that all resolutions proposed at its Annual General Meeting were passed, including the approval of the company’s annual report, financial statements, and a final dividend of 1.20p per share. The meeting also saw the election and re-election of several directors, and the appointment of RSM UK Audit LLP as the company’s auditor. These decisions reflect strong shareholder support and are expected to positively impact the company’s governance and financial strategies.

Trifast Reports Steady Performance Amidst Market Challenges

Trifast plc announced that its trading performance for the first four months of the financial year 2026 has been in line with expectations, driven by margin recovery and the success of its ‘Recover, Rebuild, Resilience’ strategy. Despite macroeconomic challenges affecting certain industrial markets, the company has maintained resilience through its global manufacturing footprint and engineering expertise. Trifast remains confident in achieving its medium-term goals, including an EBIT margin target of over 10%, and anticipates continued growth and improved cash generation.