Overview Dividends

(TRIN) Trinity Capital - Ratings and Ratios

Exchange: NASDAQ • Country: United States • Currency: USD • Type: Common Stock • ISIN: US8964423086

Debt, Venture, Growth, Equipment, Leasing

TRIN EPS (Earnings per Share)

EPS Growth (3Y CAGR): -3.28%
EPS Trend (3Y Correlation): -48.2%

TRIN Revenue

Revenue Growth (3Y CAGR): 65.07%
Revenue Trend (3Y Correlation): 85.0%

Risk via 10d forecast
Volatility	20.8%
Value at Risk 5%th	32.0%
Relative Tail Risk	-6.57%

Reward TTM
Sharpe Ratio	0.73
Alpha	10.69

Character TTM
Hurst Exponent	0.354
Beta	0.569
Beta Downside	0.689

Drawdowns 3y
Max DD	18.72%
Mean DD	4.18%
Median DD	3.16%

Description: TRIN Trinity Capital August 26, 2025

Trinity Capital Inc (NASDAQ:TRIN) is a US-based company operating in the Asset Management & Custody Banks sub-industry. As a common stock, TRINs performance is influenced by its financial health, industry trends, and overall market conditions.

To evaluate TRINs potential, we need to examine key performance indicators (KPIs) such as Return on Equity (RoE), which stands at 16.63%, indicating a relatively strong ability to generate profits from shareholder equity. The Price-to-Earnings (P/E) ratio is 7.01, suggesting that TRIN may be undervalued compared to its earnings. The forward P/E ratio is 7.58, implying expected earnings growth.

Economic drivers impacting TRINs performance include interest rates, asset management industry trends, and overall market volatility. As an asset management company, TRINs revenue is likely tied to assets under management (AUM), which can be influenced by market performance and investor sentiment. A rising interest rate environment can also impact TRINs profitability, as it may lead to increased borrowing costs or changes in investor behavior.

To further assess TRINs potential, we should consider its market capitalization, which is approximately $1.12 billion. This size can provide a level of stability, but also implies a certain level of scrutiny from investors and analysts. TRINs beta of 0.615 suggests relatively lower volatility compared to the broader market, which may appeal to risk-averse investors.

By analyzing these factors, we can better understand the underlying drivers of TRINs performance and make more informed investment decisions. A comprehensive evaluation should also involve examining TRINs financial statements, management team, and industry positioning to identify potential areas of strength and weakness.

TRIN Stock Overview

Market Cap in USD	1,105m
Sub-Industry	Asset Management & Custody Banks
IPO / Inception	2021-01-29
Return 12m vs S&P 500	4.33%
Analyst Rating	4.25 of 5

TRIN Dividends

Dividend Yield	13.81%
Yield on Cost 5y	25.76%
Yield CAGR 5y	17.42%
Payout Consistency	95.6%
Payout Ratio	95.8%

TRIN Growth Ratios

CAGR 3y	29.80%
CAGR/Max DD Calmar Ratio	1.59
CAGR/Mean DD Pain Ratio	7.13
Current Volume	646.6k
Average Volume	611.7k

Piotroski VR‑10 (Strict, 0-10) 3.0

Net Income (152.0m TTM) > 0 and > 6% of Revenue (6% = 16.3m TTM)

FCFTA -0.16 (>2.0%) and ΔFCFTA -0.28pp (YES ≥ +1.0pp, WARN ≥ +0.5pp)

NWC/Revenue -0.93% (prev -2.00%; Δ 1.07pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp)

CFO/TA -0.16 (>3.0%) and CFO -352.1m <= Net Income 152.0m (YES >=105%, WARN >=100%)

Net Debt (-9.47m) to EBITDA (189.3m) ratio: -0.05 <= 3.0 (WARN <= 3.5)

Current Ratio 0.92 (target 1.5–3.0; WARN 1.2–<1.5 or >3.0–5.0; CFO/TA gate active)

Outstanding Shares last Quarter (71.5m) change vs 12m ago 22.43% (target <= -2.0% for YES)

Gross Margin 81.94% (prev 72.76%; Δ 9.18pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0)

Asset Turnover 13.65% (prev 11.29%; Δ 2.37pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0)

Interest Coverage Ratio 0.86 (EBITDA TTM 189.3m / Interest Expense TTM 75.7m) >= 6 (WARN >= 3)

Altman Z'' 0.17

(A) -0.00 = (Total Current Assets 28.9m - Total Current Liabilities 31.5m) / Total Assets 2.25b

(B) -0.01 = Retained Earnings (Balance) -16.9m / Total Assets 2.25b

(D) -0.01 = Book Value of Equity -16.8m / Total Liabilities 1.25b

Total Rating: 0.17 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D)

ValueRay F-Score (Strict, 0-100) 50.41

1. Piotroski 3.0pt = -2.0

2. FCF Yield -17.85% = -5.0

3. FCF Margin data missing

4. Debt/Equity 0.88 = 2.13

5. Debt/Ebitda -0.05 = 2.50

6. ROIC - WACC (= -2.08)% = -2.60

7. RoE 16.99% = 1.42

8. Rev. Trend 84.95% = 6.37

9. EPS Trend -48.18% = -2.41

What is the price of TRIN shares?

As of November 15, 2025, the stock is trading at USD 14.77 with a total of 646,644 shares traded.
Over the past week, the price has changed by +1.16%, over one month by -1.53%, over three months by -5.24% and over the past year by +19.59%.

Is Trinity Capital a good stock to buy?

Neither. Based on ValueRay´s Fundamental Analyses, Trinity Capital is currently (November 2025) neither a good nor a bad stock to buy. It has a ValueRay Fundamental Rating of 50.41 and therefor a neutral outlook according to the companies health.
Based on momentum, paid dividends and discounted-cash-flow analyses, the fair value of TRIN is around 18.31 USD . This means that TRIN is currently undervalued and has a potential upside of +23.97% (Margin of Safety).

Is TRIN a buy, sell or hold?

Trinity Capital has received a consensus analysts rating of 4.25. Therefore, it is recommended to buy TRIN.

Strong Buy: 6
Buy: 0
Hold: 1
Sell: 0
Strong Sell: 1

What are the forecasts/targets for the TRIN price?

Issuer	Target	Up/Down from current
Wallstreet Target Price	16.3	10.4%
Analysts Target Price	16.3	10.4%
ValueRay Target Price	19.9	34.6%

TRIN Fundamental Data Overview November 11, 2025

Market Cap USD = 1.10b (1.10b USD * 1.0 USD.USD)
P/E Trailing = 6.4317
P/E Forward = 7.391
P/S = 4.1189
P/B = 1.1846
P/EG = 5.256
Beta = 0.604
Revenue TTM = 271.8m USD
EBIT TTM = 64.9m USD
EBITDA TTM = 189.3m USD
Long Term Debt = unknown (none)
Short Term Debt = 1.31m USD (from shortTermDebt, last fiscal year)
Debt = 877.7m USD (from shortLongTermDebtTotal, last fiscal year)
Net Debt = -9.47m USD (from netDebt column, last quarter)
Enterprise Value = 1.97b USD (1.10b + Debt 877.7m - CCE 9.47m)
Interest Coverage Ratio = 0.86 (Ebit TTM 64.9m / Interest Expense TTM 75.7m)
FCF Yield = -17.85% (FCF TTM -352.2m / Enterprise Value 1.97b)
FCF Margin = -129.6% (FCF TTM -352.2m / Revenue TTM 271.8m)
Net Margin = 55.91% (Net Income TTM 152.0m / Revenue TTM 271.8m)
Gross Margin = 81.94% ((Revenue TTM 271.8m - Cost of Revenue TTM 49.1m) / Revenue TTM)
Gross Margin QoQ = 81.55% (prev 76.29%)
Tobins Q-Ratio = 0.88 (Enterprise Value 1.97b / Total Assets 2.25b)
Interest Expense / Debt = 2.39% (Interest Expense 21.0m / Debt 877.7m)
Taxrate = 2.26% (2.68m / 118.3m)
NOPAT = 63.4m (EBIT 64.9m * (1 - 2.26%))
Current Ratio = 0.92 (Total Current Assets 28.9m / Total Current Liabilities 31.5m)
Debt / Equity = 0.88 (Debt 877.7m / totalStockholderEquity, last quarter 998.3m)
Debt / EBITDA = -0.05 (Net Debt -9.47m / EBITDA 189.3m)
Debt / FCF = 0.03 (negative FCF - burning cash) (Net Debt -9.47m / FCF TTM -352.2m)
Total Stockholder Equity = 894.6m (last 4 quarters mean from totalStockholderEquity)
RoA = 6.76% (Net Income 152.0m / Total Assets 2.25b)
RoE = 16.99% (Net Income TTM 152.0m / Total Stockholder Equity 894.6m)
RoCE = 2.93% (EBIT 64.9m / Capital Employed (Total Assets 2.25b - Current Liab 31.5m))
RoIC = 3.48% (NOPAT 63.4m / Invested Capital 1.82b)
WACC = 5.56% (E(1.10b)/V(1.98b) * Re(8.12%) + D(877.7m)/V(1.98b) * Rd(2.39%) * (1-Tc(0.02)))
Discount Rate = 8.12% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: 100.0 | Cagr: 21.89%
Fair Price DCF = unknown (Cash Flow -352.2m)
EPS Correlation: -48.18 | EPS CAGR: -3.28% | SUE: -0.04 | # QB: 0
Revenue Correlation: 84.95 | Revenue CAGR: 65.07% | SUE: -0.20 | # QB: 0

Additional Sources for TRIN Stock

News: Wall Street Journal | Benzinga | Yahoo Finance
Tweets: X | Stocktwits
Fund Manager Positions: Dataroma | Stockcircle