Growth For The Year Ended 2020-03-31
Triumph Group Inc does not report a significant amount of sales growth. It is not useful. With that, investors will appreciate TGI’s gross profit margin of 20%. Last year, the company showed sales of $2900. 117 million.
TGI shows EBITDA growth of 85%, and an EBITDA ratio of 11%. The EBITDA grows since the cost of revenue declined a -21%. Note that general and administrative costs declined a -13%.
Balance Sheet Statement As Of 2020-03-31
TGI shows $477 million in cash. In my opinion, the company is cash rich. In my view, traders will most likely appreciate it.
In my experience, Triumph Group Inc shows a large amount of goodwill. It is equal to $521 million. It is difficult to know the real value of intangibles and goodwill. Therefore, there is a potential goodwill impairment risk. Triumph Group Inc could review and impair intangible assets, which will most likely lead to a decline in the share price. The balance sheet shows deferred revenue of $167 million, which I like. Deferred revenue represents a prepayment by TGI’s clients that have yet to be delivered. In short, Triumph Group Inc receives money in advance of it being earned. Additionally, Triumph Group Inc has positive working capital, which investors will like. It means that TGI can cover its short-term liabilities when they come due.
TGI’s short term debt is less significant than the company’s cash. As for me, I think that Triumph Group Inc may not have to worry about any liquidity risk. I believe that TGI is cheap. Besides, notice that the cash per share is equal to $9, and the stock price is $18. 14. TGI’s debt to equity ratio is below 2x. Hence, the debt level appears to be under control. Note that Triumph Group Inc reports cash and cash equivalents of $477 million, and net debt of $1542 million.
Quarterly Figures For The Quarter Ended 2020-12-31
In Q3 TGI reported quarterly sales of $425 million, and gross profit of $85 million. The gross profit margin was equal to 20%. Besides, TGI is profitable, which is beneficial. Triumph Group Inc released positive quarterly EBITDA of $36. 494 million. I think that when more investors get to know the financial statistics of TGI, the stock demand will increase. Taking this into account, many investors will most likely have a look at TGI.
Assessment of Investors Activity
Triumph Group Inc has a market capitalization of $997 million. The enterprise value is equal to $1897 million. With forward sales of $2900 million, TGI sells at less than 2x forward sales. As for me, I think that traders will most likely believe that Triumph Group Inc is cheap. Institutional market participants tru Independence LLC, TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY, and Capital Asset Advisory Services LLC are Triumph Group Inc investors. The company shows a beta of 2. 64813. It is more substantial than 1, which means that the stock price can show large volatility. TGI’s stock price volatility is larger than that of the market. Summarising, if you are not a volatility expert don’t trade Triumph Group Inc.
The following TGI’s insiders acquired or sold equity recently.TGI’s traders will most likely study this information:
+In 2021-03-05, director, officer: President & CEO Crowley Daniel J sold equity of TGI.
+In 2021-03-05, director, officer: President & CEO Crowley Daniel J sold stock of TGI.
+In 2021-03-05, director, officer: President & CEO Crowley Daniel J acquired equity of TGI.
About Triumph Group Inc
Triumph Group, Inc. designs, engineers, manufactures, repairs, overhauls, and distributes aerostructures, aircraft components, accessories, subassemblies, and systems worldwide. It operates through in segments, Systems & Support and Aerospace Structures.
If you see an error, please contact the editor. We don’t own TGI’s shares, and this is our opinion. We do not offer a recommendation to buy or sell any stock.