TriMas Financial Statements From 2010 to 2024
| TRS Stock | USD 24.59 0.05 0.20% |
Check TriMas financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among TriMas' main balance sheet or income statement drivers, such as , as well as many indicators such as . TriMas financial statements analysis is a perfect complement when working with TriMas Valuation or Volatility modules.
TriMas |
TriMas Company Return On Equity Analysis
TriMas' Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.
Current TriMas Return On Equity | 0.0391 |
Most of TriMas' fundamental indicators, such as Return On Equity, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, TriMas is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
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Based on the latest financial disclosure, TriMas has a Return On Equity of 0.0391. This is 98.91% lower than that of the Machinery sector and 88.83% lower than that of the Industrials industry. The return on equity for all United States stocks is 112.61% lower than that of the firm.
TriMas Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining TriMas's current stock value. Our valuation model uses many indicators to compare TriMas value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across TriMas competition to find correlations between indicators driving TriMas's intrinsic value. More Info.TriMas is currently regarded as top stock in return on equity category among its peers. It also is currently regarded as top stock in return on asset category among its peers reporting about 0.66 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for TriMas is roughly 1.52 . Comparative valuation analysis is a catch-all technique that is used if you cannot value TriMas by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.About TriMas Financial Statements
TriMas shareholders use historical fundamental indicators, such as revenue or net income, to determine how well the company is positioned to perform in the future. Although TriMas investors may analyze each financial statement separately, they are all interrelated. The changes in TriMas' assets and liabilities, for example, are also reflected in the revenues and expenses on on TriMas' income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
TriMas Corporation designs, develops, manufactures, and sells products for consumer products, aerospace, and industrial markets worldwide. TriMas Corporation was incorporated in 1986 and is headquartered in Bloomfield Hills, Michigan. Trimas Corp operates under Packaging Containers classification in the United States and is traded on NASDAQ Exchange. It employs 3500 people.
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Additional Tools for TriMas Stock Analysis
When running TriMas' price analysis, check to measure TriMas' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy TriMas is operating at the current time. Most of TriMas' value examination focuses on studying past and present price action to predict the probability of TriMas' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move TriMas' price. Additionally, you may evaluate how the addition of TriMas to your portfolios can decrease your overall portfolio volatility.