Added to YB: 2025-04-30
Pitch date: 2025-03-13
TRS [bullish]
TriMas Corporation
+40.74%
current return
Author Info
No bio for this author
Company Info
TriMas Corporation engages in the design, development, manufacture, and sale of products for consumer products, aerospace, and industrial markets worldwide.
Market Cap
$1.4B
Pitch Price
$24.09
Price Target
38.81 (+14%)
Dividend
0.47%
EV/EBITDA
11.27
P/E
31.77
EV/Sales
1.81
Sector
Containers and Packaging
Category
value
TriMas Corporation - $TRS
TRS: Deeply discounted conglomerate (packaging 55%/aerospace 35%/specialty 11%) w/ activists Barington & Trend pushing for sale. Attractive SOTP ~62% upside with segments worth 9-11x, 12-14x & 6x EBITDA respectively. Strong backlog, new Airbus contract, improved ops with margin expansion potential (+100-200bps). Risk: macro, input costs.
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