# Trifast plc (TRI.L) fundamentals

Data as of 2026-09-08. LSE, United Kingdom. Sector: Industrials / Building Products. Price 83p, market value 112 millionp.

## Valuation
- **P/E (trailing): n/a** (negative earnings). Trifast plc reported negative earnings over the last twelve months, so the P/E is not meaningful; use price-to-sales, EV/EBITDA and free-cash-flow yield instead.
- **Price / sales: 0.3×**. Each dollar of revenue is priced at 0.3×, a low multiple typical of thin-margin businesses or out-of-favour stocks.
- **Price / book: 0.9×**. The shares trade below book value, which can signal a bargain or a balance sheet the market doubts.
- **EV / EBITDA: 3.8×**. Enterprise value is 3.8× operating earnings before depreciation, the multiple that ignores how the company is financed; below 8× is inexpensive for most sectors.
- **Free-cash-flow yield: 20.7%** (5-yr avg 0.1%). Free cash flow equals 20.7% of the market value, above its five-year average of 0.1%, so the shares are cheaper on cash than they have usually been. Above 5% is generally attractive.

## Profitability
- **Gross margin: 28.8%**. Trifast plc keeps 28.8% of revenue after the direct cost of what it sells.
- **Operating margin: 5.5%**. 5.5% of revenue is left after running the business.
- **Net margin: -0.5%**. The company reported a net loss over the last twelve months.
- **Return on equity: -0.8%**. Return on equity is negative because earnings are negative.
- **Return on invested capital: 7.8%**. Return on all capital, debt included, is 7.8%.
- **Return on assets: 0.0%**. Each dollar of assets produces 0.0% of profit.

## Growth
- **Revenue growth (1 yr): -6.8%** (3-yr -5.2%/yr, 5-yr 2.1%/yr). Revenue fell 6.8% over the last year, against 2.1% a year compounded over five years: growth is slowing.
- **EPS growth (1 yr): -194.8%**. Earnings per share fell 194.8%, slower than revenue, so margins compressed.

## Financial health
- **Debt to equity: 0.59**. Debt is 0.59 times equity, moderate leverage.
- **Net debt / EBITDA: 0.9×**. It would take 0.9 years of operating earnings to repay net borrowings, within the comfortable range.
- **Interest coverage: 2.6×**. Operating profit covers interest 2.6×, thin but manageable.
- **Current ratio: 4.19** (quick 2.42). Current assets cover the next year's liabilities 4.19 times.
- **Altman Z-score: 3.14**. A Z-score of 3.14 places the company in the safe zone for bankruptcy risk.
- **Piotroski F-score: 5/9**. 5 of 9 checks pass: mixed.

## Dividends
- **Dividend yield: 2.17%** (0p per share, trailing). Trifast plc yields 2.17%, a modest yield more typical of a growth-oriented payer.
- **Consecutive years of increases: 1**. 1 straight year of increases.
- **Dividend growth (5 yr): 8.4%/yr** (1-yr 0.0%). The dividend has grown 8.4% a year over five years.
- **Shareholder yield: 2.1%**. Dividends plus net buybacks return 2.1% of the market value a year.

## Price and momentum
- **Total return (1 yr): 7.8%** (YTD 30.8%, 3-mo 27.1%). The shares are up 7.8% over twelve months including dividends.
- **From 52-week high: -13.0%** (47.1% above the low). Trading 13% below its 52-week high.
- **200-day average: above**. The price sits above its 200-day moving average, the usual definition of an uptrend.
- **RSI (14-day): 58**. An RSI of 58 is neutral.
- **Beta (1 yr): 0.56** (volatility 48%). Beta of 0.56 against the FTSE All-Share: the shares move much less than the market.

Live score and charts: https://foliofundamentals.com/analyzer?s=TRI.L · Page: https://foliofundamentals.com/stocks/tri.l

Not investment advice.