Transcat, Inc. logo TRNS - Transcat, Inc.

Price: -- -- | CONSENSUS: Buy DETAILS
STRONG
BUY 0
BUY 8
HOLD 2
SELL 0
STRONG
SELL 0
| PRICE TARGET: $123.60 DETAILS
HIGH: $160.00
LOW: $94.00
MEDIAN: $113.00
CONSENSUS: $123.60
UPSIDE: 69.27%
Annual Quarterly
Metric 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000 1999 1998 1997 1996 1995 1994 1993
Revenue
Revenue 278.4 259.5 230.6 205.0 173.3 173.1 160.9 155.1 143.9 122.2 123.6 118.5 112.3 110.0 91.2 81.1 75.4 70.5 66.5 60.5 55.3 53.3 57.2 66.8 75.6 80.0 69.7 78.5 47.3 38.4 37.3 34
Cost of Revenue 189.0 175.7 162.2 146.5 127.2 130.6 121.6 117.7 108.9 93.0 94.5 88.7 84.9 82.9 67.9 61.8 56.7 51.9 49.8 45.4 41.4 39.9 43.9 49.1 48.0 53.0 43.4 50.7 27.7 23.9 23.1 21.2
Gross Profit 89.5 83.8 68.4 58.4 46.1 42.5 39.3 37.4 35.0 29.1 29.1 29.8 27.4 27.1 23.3 19.3 18.7 18.5 16.7 15.1 13.9 13.4 13.3 17.6 27.6 27.0 26.3 27.8 19.6 14.5 14.2 12.8
Operating Expenses
R&D Expenses 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0.9 1.2 1.5 1.6 1.7 1.6 1.1 1.2 0
SG&A Expenses 71.6 64.0 52.1 44.3 35.0 31.6 29.1 28.4 27.0 22.8 22.3 23.1 21.5 21.7 18.7 16.9 16.1 15.3 14.3 13.6 13.0 13.1 12.9 18.2 18.9 20.5 17.8 19.2 13.6 10.8 11.6 12.9
Other Expenses 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 4.5 4.5 4.8 3.1 2.7 1 0.5 0.4 0.4
Operating Expenses 71.6 64.0 52.1 44.3 35.0 31.6 29.1 28.4 27.0 22.8 22.3 23.1 21.5 21.7 18.7 16.9 16.1 15.3 14.3 13.6 13.0 13.1 12.9 23.6 24.6 26.9 22.5 23.6 16.2 12.4 13.2 13.3
Operating Income
Operating Income 17.9 19.8 16.2 14.1 11.1 10.8 10.2 9.0 7.9 6.3 6.8 6.7 5.9 5.4 4.6 2.4 2.7 3.3 3.9 1.5 0.9 0.3 0.4 (6.0) 3.0 0.1 3.8 4.2 3.4 2.1 1 (0.5)
Interest Expense 0.8 1.8 2.4 0.8 1.1 1.1 1.0 1.1 0.8 0.3 0.3 0.3 0.2 0.1 0.1 0.1 0.1 0.1 0.3 0.4 0.3 0.4 0.6 0 0 0 0 0 0 0 0 0
Interest Income 0.8 0.8 0 0 0 0 0 0 0 0 0 0 0 (0.0) 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Profitability
EBITDA 37.7 33.8 26.9 23.6 18.7 17.5 16.6 15.0 14.1 10.2 9.9 9.7 8.6 8.3 6.8 4.4 4.5 5.5 4.0 2.8 2.1 0.3 2.5 2.6 7.5 4.9 6.9 6.9 4.4 2.6 1.4 (0.1)
EBIT 19.1 20.3 15.9 14 11.1 10.8 10.2 9.1 7.9 6.3 6.8 7.0 5.9 5.4 4.6 2.3 2.6 3.3 2.3 1.4 0.6 0.3 0.5 (6.0) 3.0 0.1 3.8 4.1 3.4 2.1 1 (0.5)
Income Before Tax 18.3 18.4 13.5 13.2 10.0 9.7 9.2 7.9 7.2 6.0 6.4 6.4 5.7 5.2 4.5 2.3 2.5 2.7 3.3 0.9 0.3 0.2 1.3 (7.2) 0.4 (2.8) 1.7 1.6 3.3 1.8 0 0
Income Tax Expense 3.8 4.8 2.8 1.8 2.2 1.7 2.1 2.0 2.6 1.9 2.4 2.5 2.0 1.9 1.7 0.8 1.0 0.4 1.2 (2.6) 0 (0.2) (0.4) (0.6) (0.1) (0.3) 0.7 0.6 1.2 0.6 0.6 0.1
Net Income 14.5 13.6 10.7 11.4 7.8 8.1 7.1 5.9 4.5 4.1 4.0 4.0 3.7 3.3 2.8 1.5 1.6 2.4 2.1 3.6 0.3 0.4 (4.7) (6.6) 0.5 (2.5) 1 1 2.1 1.2 0.4 (0.6)
Per Share Data
EPS (Basic) 1.58 1.66 1.42 1.52 1.05 1.10 0.99 0.83 0.65 0.60 0.59 0.56 0.50 0.45 0.38 0.20 0.21 0.33 0.30 0.54 0.04 0.06 -0.77 -1.09 0.09 -0.42 0.17 0.17 0.34 0.24 0.08 -0.13
EPS (Diluted) 1.57 1.63 1.40 1.50 1.03 1.08 0.95 0.81 0.64 0.58 0.57 0.54 0.49 0.43 0.37 0.19 0.21 0.32 0.28 0.50 0.04 0.05 -0.77 -1.09 0.09 -0.41 0.16 0.16 0.33 0.24 0.08 -0.13
Shares Outstanding 9.2 8.2 7.6 7.5 7.4 7.3 7.2 7.1 7.0 6.9 6.8 7.1 7.4 7.3 7.3 7.4 7.3 7.1 6.9 6.6 6.4 5.9 6.1 6.1 5.7 5.9 5.8 5.9 6.1 4.9 4.8 4.7
Metric 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2009 2008 2004 2003 2002 2001 2000 1999 1998 1997 1996 1995 1994 1993
Current Assets
Cash & Cash Equivalents 1.5 19.6 1.5 1.4 0.6 0.5 0.8 0.6 0.8 0.6 0.1 0.1 0.1 0.5 0.1 0.5 0.2 0.5 0.3 0.7 0.8 0.2 0.6 0.2
Short-Term Investments 0 15.5 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Net Receivables 56.3 48.3 45.2 40.3 34.4 32.1 28.6 26.0 23.3 18.0 11.9 9.1 8.4 8.3 7.8 9.0 11.6 12.6 13.3 12.5 6.8 5.3 5.5 6.1
Inventory 14.5 17.4 16.9 12.7 11.6 14.2 14.3 12.7 10.3 6.5 5.9 4.9 5.9 3.7 2.8 3.9 8.4 8.8 12 10.7 7.8 6.5 6.7 6.9
Other Current Assets 5.7 4.3 3.9 0 0 0 1.3 1.2 1.2 0 0.6 0.4 0 0 0 0.2 0.4 2.2 2.5 1.9 1.3 0.4 1.5 2.3
Total Current Assets 78.0 105.2 67.6 59.7 48.9 48.5 45.0 40.5 35.6 26.2 19.4 15.2 15.0 13.3 11.2 14.4 21.6 24.1 28.1 25.8 16.7 13.3 14.3 15.5
Non-Current Assets
Property, Plant & Equipment 74.4 55.8 43.9 37.5 31.6 29.4 19.7 17.1 15.6 12.3 4.2 4.2 2.0 2.2 2.6 3.9 5.7 6.5 6.9 6.4 2.4 2 1.5 1.5
Goodwill 176.9 105.6 69.4 65.1 43.3 41.5 34.5 32.7 32.5 29.1 10.0 7.9 0 0 0 0 0 0 0 0 0 0 0 0
Intangible Assets 54.8 20.0 13.8 14.7 7.5 8.0 5.2 5.5 7.5 8.2 1.2 1.1 2.5 2.5 2.5 9.0 19.9 21.2 21.7 19.2 5.9 0 0 0
Long-Term Investments 0.1 0 0 0 0 0 0.5 0.7 0.7 0.7 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Other Non-Current Assets 1.1 1.1 1.1 0.8 0.8 0.7 (1.6) (1.4) (2.5) (2.8) 0.4 0.4 0.6 0.4 0.4 0.3 0.4 0.5 0.6 0.5 0.9 0.4 0.5 1
Total Non-Current Assets 307.2 182.4 128.2 118.1 83.2 79.7 60.2 56.3 56.5 50.5 16.3 14.2 5.1 5.1 5.5 13.2 26.1 28.3 29.2 26.1 9.2 2.4 2 2.5
Total Assets 385.2 287.6 195.7 177.8 132.1 128.1 105.2 96.8 92.1 76.7 35.7 29.4 20.1 18.4 16.8 27.6 47.7 52.4 57.3 51.9 25.9 15.7 16.3 18
Current Liabilities
Account Payables 16.8 11.5 15.9 14.2 12.3 11.9 14.6 13.5 11.6 8.1 8.8 4.7 4.5 4.1 3.7 6.3 6.6 7.1 11.4 7.9 3.6 3 3.7 4.2
Short-Term Debt 1.8 2.3 2.2 2.2 2.1 2.0 1.9 2.1 1.4 0 0 0 6.3 7.2 0.7 1.0 4.0 2.7 2.2 5.4 0.6 0 1.2 0
Deferred Revenue 0 0 0 0 0 0 0.2 0.2 0.8 0 0 0 2.0 1.6 1.9 0 0 0 0 0 0 0 0 0
Other Current Liabilities 1.1 0.6 1.1 11.4 10.4 6.9 5.5 5.2 5.9 7.7 0 0 0.0 0.2 0.2 0.7 2.0 2.4 2.2 2.3 2.7 1.8 (0.1) 1.6
Total Current Liabilities 34.0 33.5 28.3 27.7 25.1 20.9 22.1 21.1 19.8 15.8 12.2 6.7 13.0 13.1 6.4 10.0 12.6 12.2 15.8 15.6 6.9 4.8 4.8 5.8
Non-Current Liabilities
Long-Term Debt 30.9 1.8 46.9 46.3 17.5 28.4 19.1 20.7 25.9 19.1 2.5 3.6 1.0 0.1 5.9 8.9 21.2 26.7 26.2 21.8 6 2.1 4.1 5.1
Deferred Tax Liabilities 9.3 9.3 6.5 6.7 3.2 3.0 2.5 1.7 1.1 1.1 0 0 0 0 0 0 0.3 0.3 0 0 0 0 0 0.1
Other Non-Current Liabilities 2.8 2.9 1.4 1.7 3.2 1.9 1.9 1.9 1.9 1.8 0.7 0.5 1.7 1.6 1.7 2.0 0.3 0.4 0.4 0.5 0.6 0.6 0.8 0.8
Total Non-Current Liabilities 64.3 28.9 67.8 63.9 31.9 40.1 23.5 24.3 28.9 22.0 3.2 4.1 2.8 1.9 7.6 10.9 21.8 27.3 26.6 22.3 6.6 2.7 4.9 6
Total Liabilities 98.4 62.4 96.1 91.6 57.0 61.0 45.6 45.5 48.7 37.8 15.5 10.8 15.8 15.0 14.1 20.9 34.4 39.5 42.4 37.9 13.5 7.5 9.7 11.8
Stockholders' Equity
Common Stock 4.7 4.4 3.8 3.8 3.7 3.7 3.6 3.6 3.5 3.5 3.8 3.8 3.4 3.2 3.1 3.1 3.1 3.1 0 0 0 0 0 0
Retained Earnings 92.5 80.1 69.2 58.7 52.5 46.5 40.2 33.1 27.3 22.8 8.3 6.9 (2.7) (3.0) (3.3) 1.4 8.0 7.5 10 9 8 5.9 (4.7) 4.3
Accumulated Other Comprehensive Income (1.5) (0.9) (1.2) (0.2) (0.5) (1.0) (0.6) (0.3) (0.4) (0.4) 0.4 0.3 0.5 0.4 0.3 (0.3) (0.3) (0.1) (6.8) (5.7) (4.4) (3.9) (3.5) (3.5)
Total Stockholders' Equity 286.9 225.2 99.6 86.2 75.1 67.1 59.6 51.3 43.4 38.9 20.3 18.6 4.3 3.4 2.7 6.8 13.3 12.8 14.9 14 12.4 8.2 6.6 6.2
Total Liabilities & Equity 385.2 287.6 195.7 177.8 132.1 128.1 105.2 96.8 92.1 76.7 35.7 29.4 20.1 18.4 16.8 27.6 47.7 52.4 57.3 51.9 25.9 15.7 16.3 18
Debt Metrics
Total Debt 57.7 21.5 64.4 57.6 27.5 37.2 21.0 22.9 27.3 19.1 2.5 3.6 7.4 7.3 6.6 9.9 25.2 29.4 28.4 27.2 6.6 2.1 5.3 5.1
Net Debt 56.2 1.9 62.9 56.2 27.0 36.7 20.2 22.3 26.5 18.4 2.4 3.5 7.3 6.7 6.5 9.4 25.0 28.9 28.1 26.5 5.8 1.9 4.7 4.9
Metric 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2005 2004 2003 2002 2001 2000 1999 1998 1997 1996 1995 1994 1993
Operating Activities
Net Income 14.5 13.6 10.7 11.4 7.8 8.1 7.1 5.9 4.5 4.1 3.6 0.3 0.4 (4.7) (6.6) 0.5 (2.5) 1 1 2.1 1.2 0.4 (0.8)
Depreciation & Amortization 18.6 13.5 11.0 9.6 7.6 6.7 6.4 6.0 6.2 3.9 1.4 1.6 1.4 2.0 8.6 4.5 4.8 3.1 2.7 1 0.5 0.4 0.4
Stock-Based Compensation 3.2 4.5 3.4 2.3 1.5 0.9 1.3 1.4 0.5 0.4 0.0 0.1 0.1 (0.1) 0 0 0 0 0 0 0 0 0
Change in Working Capital 3.2 2.1 (8.0) (6.3) 5.8 (5.5) (3.3) (4.4) (4.0) 2.2 1.9 (2.1) (1.5) (1.0) 0.6 0.0 (3.3) 0.2 (0.8) (0.9) 0.7 1.1 (0.6)
Other Non-Cash Items (0.6) 0.5 0.2 0.1 0.8 0.8 0.3 0.2 0.4 0.2 0.1 0.2 (0.0) 4.6 0.9 (0.0) 1.4 (0.2) 0 0.1 (0.1) 0.1 0
Operating Cash Flow 39.0 32.6 17.0 17.6 23.6 11.6 12.6 9.9 7.5 11.0 4.4 (0.0) 0.2 0.9 3.5 5.2 0.3 4.6 2.9 1.6 2.2 1.9 (0.9)
Investing Activities
Capital Expenditure (13.2) (13.3) (9.4) (10.2) (6.6) (6.6) (7.0) (5.9) (5.2) (4.1) (0.9) (0.9) (0.5) (0.3) (1.4) (1.4) (1.9) (3.2) (24.1) (5.6) (1) (0.4) (0.6)
Acquisitions (87.4) (12.9) (9.1) (29.8) (3.6) (13.8) (3.9) 0.0 (7.0) (13.9) (0.9) 0 0 0 0 0 0 0 0 0 0 0 0
Purchases of Investments 0 (15.5) 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Sales/Maturities of Investments 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Other Investing Activities 16.6 0 0.0 0.1 0.0 0.2 0.0 0.0 0.1 0.0 (1.0) 0 0 0 13.5 0 0.5 0.4 0 0.5 0 0 0
Investing Cash Flow (84) (41.7) (18.5) (39.9) (10.2) (20.2) (10.9) (5.9) (12.2) (18.0) (1.8) (0.9) (0.5) (0.3) 12.1 (1.4) (1.5) (2.8) (24.1) (5.1) (1) (0.4) (0.6)
Financing Activities
Net Debt Issuance 28.6 (45.0) 0.7 28.9 (10.8) 9.3 (1.8) (4.5) 8.2 6.9 (3.1) 0.1 0.5 (1.1) (15.3) (4.2) 1.0 (2.2) 20.5 3.8 (2) (1) 1.3
Stock Repurchased (3.6) (4.9) (0.4) (6.7) (3.0) (2.8) (0.1) (0.4) (0.1) (0.1) 0 0 0 0 0 0 0 (0.5) 0 0 0 0 0
Dividends Paid 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Other Financing Activities 0 0 0 0 0 0 0 0.8 (4.0) (0.1) 0 0 0 0 0 0 0 0.1 0 0 0 0 0
Financing Cash Flow 26.9 27.4 0.9 23.7 (12.7) 8.2 (1.7) (4.0) 4.8 7.2 (2.7) 0.3 0.5 (1.1) (15.3) (4.0) 1.4 (2.2) 21.1 4.1 (1.7) (1) 1.3
Cash Position
Net Change in Cash (18.1) 18.1 0.1 0.8 0.1 (0.3) 0.2 (0.3) 0.2 0.6 0.0 (0.4) 0.4 (0.4) 0.3 (0.3) 0.2 (0.5) 21.1 4.1 (1.7) (1) (0.3)
Cash at Beginning 19.6 1.5 1.4 0.6 0.5 0.8 0.6 0.8 0.6 0.1 0.1 0.5 0.1 0.5 0.2 0.5 0.3 0.7 0.8 0.2 0.6 0.2 0.5
Cash at End 1.5 19.6 1.5 1.4 0.6 0.5 0.8 0.6 0.8 0.6 0.1 0.1 0.5 0.1 0.5 0.2 0.5 0.2 21.9 4.3 (1.1) (0.8) 0.2
Free Cash Flow 25.8 19.3 7.5 7.5 17.0 5.0 5.6 4.0 2.3 6.9 3.5 (0.9) (0.3) 0.6 2.2 3.9 (1.7) 1.4 (21.2) (4) 1.2 1.5 (1.5)
Key Metrics 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000 1999 1998 1997 1996 1995 1994 1993
Income Statement
Revenue 278.4 259.5 230.6 205.0 173.3 173.1 160.9 155.1 143.9 122.2 123.6 118.5 112.3 110.0 91.2 81.1 75.4 70.5 66.5 60.5 55.3 53.3 57.2 66.8 75.6 80.0 69.7 78.5 47.3 38.4 37.3 34
Gross Profit 89.5 83.8 68.4 58.4 46.1 42.5 39.3 37.4 35.0 29.1 29.1 29.8 27.4 27.1 23.3 19.3 18.7 18.5 16.7 15.1 13.9 13.4 13.3 17.6 27.6 27.0 26.3 27.8 19.6 14.5 14.2 12.8
Operating Income 17.9 19.8 16.2 14.1 11.1 10.8 10.2 9.0 7.9 6.3 6.8 6.7 5.9 5.4 4.6 2.4 2.7 3.3 3.9 1.5 0.9 0.3 0.4 (6.0) 3.0 0.1 3.8 4.2 3.4 2.1 1 (0.5)
Net Income 14.5 13.6 10.7 11.4 7.8 8.1 7.1 5.9 4.5 4.1 4.0 4.0 3.7 3.3 2.8 1.5 1.6 2.4 2.1 3.6 0.3 0.4 (4.7) (6.6) 0.5 (2.5) 1 1 2.1 1.2 0.4 (0.6)
EPS (Diluted) 1.57 1.63 1.40 1.50 1.03 1.08 0.95 0.81 0.64 0.58 0.57 0.54 0.49 0.43 0.37 0.19 0.21 0.32 0.28 0.50 0.04 0.05 -0.77 -1.09 0.09 -0.41 0.16 0.16 0.33 0.24 0.08 -0.13
Balance Sheet
Cash & Equivalents 1.5 19.6 1.5 1.4 0.6 0.5 0.8 0.6 0.8 0.6 0.1 0.1 0.1 0.5 0.1 0.5 0.2 0.5 0.3 0.7 0.8 0.2 0.6 0.2
Total Assets 385.2 287.6 195.7 177.8 132.1 128.1 105.2 96.8 92.1 76.7 35.7 29.4 20.1 18.4 16.8 27.6 47.7 52.4 57.3 51.9 25.9 15.7 16.3 18
Total Debt 57.7 21.5 64.4 57.6 27.5 37.2 21.0 22.9 27.3 19.1 2.5 3.6 7.4 7.3 6.6 9.9 25.2 29.4 28.4 27.2 6.6 2.1 5.3 5.1
Stockholders' Equity 286.9 225.2 99.6 86.2 75.1 67.1 59.6 51.3 43.4 38.9 20.3 18.6 4.3 3.4 2.7 6.8 13.3 12.8 14.9 14 12.4 8.2 6.6 6.2
Cash Flow
Operating Cash Flow 39.0 32.6 17.0 17.6 23.6 11.6 12.6 9.9 7.5 11.0 4.4 (0.0) 0.2 0.9 3.5 5.2 0.3 4.6 2.9 1.6 2.2 1.9 (0.9)
Capital Expenditure (13.2) (13.3) (9.4) (10.2) (6.6) (6.6) (7.0) (5.9) (5.2) (4.1) (0.9) (0.9) (0.5) (0.3) (1.4) (1.4) (1.9) (3.2) (24.1) (5.6) (1) (0.4) (0.6)
Free Cash Flow 25.8 19.3 7.5 7.5 17.0 5.0 5.6 4.0 2.3 6.9 3.5 (0.9) (0.3) 0.6 2.2 3.9 (1.7) 1.4 (21.2) (4) 1.2 1.5 (1.5)