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TriMas (TriMas) Intrinsic Value: Projected FCF : $35.87 (As of Apr. 25, 2024)


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What is TriMas Intrinsic Value: Projected FCF?

Since the intrinsic value calculations based on Discounted Cash Flow Intrinsic Value: DCF (FCF Based), or Discounted Earnings Intrinsic Value: DCF (Earnings Based) cannot be applied to companies without consistent revenue and earnings, GuruFocus developed a valuation model based on normalized Free Cash Flow and Book Value of the company. The details of how we calculate the intrinsic value of stocks are described in detail here.

As of today (2024-04-25), TriMas's Intrinsic Value: Projected FCF is $35.87. The stock price of TriMas is $25.93. Therefore, TriMas's Price-to-Intrinsic-Value-Projected-FCF of today is 0.7.

The historical rank and industry rank for TriMas's Intrinsic Value: Projected FCF or its related term are showing as below:

TRS' s Price-to-Projected-FCF Range Over the Past 10 Years
Min: 0.71   Med: 1.08   Max: 1.25
Current: 0.72

During the past 13 years, the highest Price-to-Intrinsic-Value-Projected-FCF of TriMas was 1.25. The lowest was 0.71. And the median was 1.08.

TRS's Price-to-Projected-FCF is ranked better than
60.42% of 288 companies
in the Packaging & Containers industry
Industry Median: 0.935 vs TRS: 0.72

TriMas Intrinsic Value: Projected FCF Historical Data

The historical data trend for TriMas's Intrinsic Value: Projected FCF can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

TriMas Intrinsic Value: Projected FCF Chart

TriMas Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Intrinsic Value: Projected FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 28.52 27.11 29.49 32.23 35.87

TriMas Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Intrinsic Value: Projected FCF Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 32.23 31.79 33.17 34.84 35.87

Competitive Comparison of TriMas's Intrinsic Value: Projected FCF

For the Packaging & Containers subindustry, TriMas's Price-to-Projected-FCF, along with its competitors' market caps and Price-to-Projected-FCF data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


TriMas's Price-to-Projected-FCF Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, TriMas's Price-to-Projected-FCF distribution charts can be found below:

* The bar in red indicates where TriMas's Price-to-Projected-FCF falls into.



TriMas Intrinsic Value: Projected FCF Calculation

Since the intrinsic value calculations based on Discounted Cash Flow Intrinsic Value: DCF (FCF Based), or Discounted Earnings Intrinsic Value: DCF (Earnings Based) cannot be applied to companies without consistent revenue and earnings, GuruFocus developed a valuation model based on normalized Free Cash Flow and Book Value of the company.

The details of how we calculate the intrinsic value of stocks are described in detail here.

This method smooths out the free cash flow over the past 6-7 years, multiplies the results by a growth multiple, and adds a portion of Total Stockholders Equity.

Intrinsic Value: Projected FCF = ( Growth Multiple * Free Cash Flow (6 year avg) + 0.8 * Total Stockholders Equity (most recent) ) / Shares Outstanding (Diluted Average)

In the case of negative Total Stockholders Equity, the following formula is used (see Explanation section below for the reason):

Intrinsic Value: Projected FCF = ( Growth Multiple * Free Cash Flow (6 year avg) + Total Stockholders Equity (most recent) / 0.8 ) / Shares Outstanding (Diluted Average)


Add all the Free Cash Flow together and divide 6 will get TriMas's Free Cash Flow(6 year avg) = $68.21.

TriMas's Intrinsic Value: Projected FCF for today is calculated as

Intrinsic Value: Projected FCF=(Growth Multiple*Free Cash Flow (6 year avg)+Total Stockholders Equity (Dec23)*0.8)/Shares Outstanding (Diluted Average)
=(13.878285919786*68.2112+682.95*0.8)/41.621
=35.87

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


TriMas  (NAS:TRS) Intrinsic Value: Projected FCF Explanation

The growth multiple is capped between 8.35 and 17.74.

Total Stockholders Equity weighting is more art than science and it should always be revisited in more detail when researching a company. Weightings from 0% to 100% to more than 100% are possible. 80% was chosen as a happy median after taking the above ideas into consideration.

TriMas's Price-to-Intrinsic-Value-Projected-FCF for today is calculated as

Price-to-Intrinsic-Value-Projected-FCF=Share Price/Intrinsic Value: Projected FCF
=25.93/35.871664220747
=0.72

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


TriMas Intrinsic Value: Projected FCF Related Terms

Thank you for viewing the detailed overview of TriMas's Intrinsic Value: Projected FCF provided by GuruFocus.com. Please click on the following links to see related term pages.


TriMas (TriMas) Business Description

Traded in Other Exchanges
Address
38505 Woodward Avenue, Suite 200, Bloomfield Hills, MI, USA, 48304
TriMas Corp is a United States-based company that designs, manufactures, and distributes engineered and applied products. The company operates through three segments. The packaging segment manufactures and distributes closure and dispensing systems. The aerospace segment supplies blind bolts, fasteners, rivets, and other products for the aerospace industry. The specialty product segment manufactures and distributes steel cylinders, wellhead engines, compression systems, industrial sealing, and fasteners.
Executives
Teresa M. Finley director 927 STOVALL BOULEVARD NE, ATLANTA GA 30319
Daniel P Tredwell director 177 BROAD STREET, 10TH FLOOR, STAMFORD CT 06901
Scott A Mell officer: Chief Financial Officer 4884 CIDER HILL DRIVE, ROCHESTER MI 48306
Jodi F. Robin officer: General Counsel and Secretary 38505 WOODWARD AVENUE, BLOOMFIELD HILLS MI 48304
Paul Swart other: Chief Accounting Officer 38505 WOODWARD AVENUE, STE. 200, BLOOMFIELD HILLS MI 48304
Jeffrey A Fielkow director 38505 WOODWARD AVENUE, SUITE 200, BLOOMFIELD HILLS MI 48304
Samuel Iii Valenti director, officer: Chairman 39400 WOODWARD AVENUE, SUITE 100, BLOOMFIELD HILLS MI 48304
Thomas A Amato director, officer: President and CEO 38505 WOODWARD AVENUE, SUITE 200, BLOOMFIELD HILLS MI 48304
Salik Fabio Leandro Matheus officer: President, TriMas Packaging 3012 FOREST CREEK CT., NAPERVILLE IL 60565
John Philip Schaefer officer: President, TriMas Aerospace 27411 VALDERAS, MISSION VIEJO CA 92691
Jeffrey M Greene director 4990 OLDE TOWNE WAY, MARIETTA GA 30068
Robert J Zalupski officer: Vice President & Treasurer 38505 WOODWARD AVENUE, SUITE 200, BLOOMFIELD HILLS MI 48304
Joshua A Sherbin officer: Vice President & Secretary 38505 WOODWARD AVENUE, SUITE 200, BLOOMFIELD HILLS MI 48304
Herbert K Parker director 38505 WOODWARD AVENUE, SUITE 200, BLOOMFIELD HILLS MI 48304
Holly M Boehne director 6955 BLACK DUCK DRIVE, LINO LAKES MN 55014

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