(TRIN) Trinity Capital - Overview
Sector: Financial Services | Industry: Asset Management | Exchange: NASDAQ (USA) | Market Cap: 1.516m USD | Total Return: 37.1% in 12m
Avg Turnover: 16.5M
EPS Trend: -80.9%
Qual. Beats: 1
Rev. Trend: 96.4%
Qual. Beats: 0
Warnings
Share dilution 33.7% YoY
Below Avwap Earnings
Tailwinds
Supp Ema20, Idiosyncratic Leader
Trinity Capital Inc. (TRIN) is a Phoenix-based business development company (BDC) that provides debt and equity capital to growth-stage companies. The firm specializes in venture debt, equipment financing, and warehouse lending across diverse sectors including life sciences, software, and clean technology.
As a BDC, Trinity Capital is required by law to distribute at least 90% of its taxable income to shareholders, a structure designed to provide retail investors access to the private credit markets. This business model focuses on secured lending to venture-backed firms that may lack the collateral or cash flow history required for traditional bank financing.
Investors can further evaluate these credit risk profiles and portfolio yields by reviewing the detailed metrics available on ValueRay.
- Net interest margin expansion driven by floating rate loan portfolio performance
- Increased venture debt demand from growth-stage companies seeking non-dilutive capital
- Portfolio credit quality fluctuations impact net asset value and dividend stability
- Expansion of asset management fee income through strategic joint venture partnerships
- Federal Reserve interest rate pivots influence borrowing costs and investment yields
| Net Income: 154.0m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.03 > 0.02 and ΔFCF/TA 16.18 > 1.0 |
| NWC/Revenue: 13.15% < 20% (prev -3.17%; Δ 16.32% < -1%) |
| CFO/TA 0.03 > 3% & CFO 86.9m > Net Income 154.0m |
| Net Debt (1.34b) to EBITDA (141.1m): 9.49 < 3 |
| Current Ratio: 26.89 > 1.5 & < 3 |
| Outstanding Shares: last quarter (83.6m) vs 12m ago 33.71% < -2% |
| Gross Margin: 81.52% > 18% (prev 74.05%; Δ 7.47% > 0.5%) |
| Asset Turnover: 12.51% > 50% (prev 12.85%; Δ -0.34% > 0%) |
| Interest Coverage Ratio: 2.25 > 6 (EBIT TTM 195.4m / Interest Expense TTM 87.0m) |
| A: 0.01 (Total Current Assets 37.7m - Total Current Liabilities 1.40m) / Total Assets 2.56b |
| B: -0.01 (Retained Earnings -19.3m / Total Assets 2.56b) |
| C: 0.09 (EBIT TTM 195.4m / Avg Total Assets 2.21b) |
| D: 0.84 (Book Value of Equity 1.17b / Total Liabilities 1.39b) |
| Altman-Z'' = 1.54 = BB |
As of June 07, 2026, the stock is trading at USD 16.88 with a total of 1,094,706 shares traded.
Over the past week, the price has changed by +0.12%,
over one month by +0.47%,
over three months by +16.04% and
over the past year by +37.13%.
Trinity Capital has received a consensus analysts rating of 4.25. Therefore, it is recommended to buy TRIN.
- StrongBuy: 6
- Buy: 0
- Hold: 1
- Sell: 0
- StrongSell: 1
| Analysts Target Price | 17.8 | 5.3% |
P/E Trailing = 8.9206
P/E Forward = 8.1633
P/S = 5.049
P/B = 1.2991
P/EG = 5.1395
Revenue TTM = 276.0m USD
EBIT TTM = 195.4m USD
EBITDA TTM = 141.1m USD
Long Term Debt = 1.36b USD (estimated: total debt 1.36b - short term 1.40m)
Short Term Debt = 1.40m USD (from shortTermDebt, last quarter)
Debt = 1.36b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 1.34b USD (calculated: Debt 1.36b - CCE 19.6m)
Enterprise Value = 2.85b USD (1.52b + Debt 1.36b - CCE 19.6m)
Interest Coverage Ratio = 2.25 (Ebit TTM 195.4m / Interest Expense TTM 87.0m)
EV/FCF = 33.16x (Enterprise Value 2.85b / FCF TTM 86.1m)
FCF Yield = 3.02% (FCF TTM 86.1m / Enterprise Value 2.85b)
FCF Margin = 31.18% (FCF TTM 86.1m / Revenue TTM 276.0m)
Net Margin = 55.80% (Net Income TTM 154.0m / Revenue TTM 276.0m)
Gross Margin = 81.52% ((Revenue TTM 276.0m - Cost of Revenue TTM 51.0m) / Revenue TTM)
Gross Margin QoQ = 79.27% (prev none%)
Tobins Q-Ratio = 1.12 (Enterprise Value 2.85b / Total Assets 2.56b)
Interest Expense / Debt = 6.41% (Interest Expense 87.0m / Debt 1.36b)
Taxrate = 1.94% (3.01m / 155.3m)
NOPAT = 191.6m (EBIT 195.4m * (1 - 1.94%))
Current Ratio = 26.89 (Total Current Assets 37.7m / Total Current Liabilities 1.40m)
Debt / Equity = 1.16 (Debt 1.36b / totalStockholderEquity, last quarter 1.17b)
Debt / EBITDA = 9.49 (Net Debt 1.34b / EBITDA 141.1m)
Debt / FCF = 15.55 (Net Debt 1.34b / FCF TTM 86.1m)
Total Stockholder Equity = 1.05b (last 4 quarters mean from totalStockholderEquity)
RoA = 6.98% (Net Income 154.0m / Total Assets 2.56b)
RoE = 14.73% (Net Income TTM 154.0m / Total Stockholder Equity 1.05b)
RoCE = 8.13% (EBIT 195.4m / Capital Employed (Equity 1.05b + L.T.Debt 1.36b))
RoIC = 7.54% (NOPAT 191.6m / Invested Capital 2.54b)
WACC = 7.06% (E(1.52b)/V(2.87b) * Re(7.76%) + D(1.36b)/V(2.87b) * Rd(6.41%) * (1-Tc(0.02)))
Discount Rate = 7.76% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 95.56 | Cagr: 27.87%
[DCF] Terminal Value 75.44% ; FCFF base≈86.1m ; Y1≈86.4m ; Y5≈91.6m
[DCF] Fair Price = 0.95 (EV 1.42b - Net Debt 1.34b = Equity 85.6m / Shares 89.9m; r=8.35% [WACC [floored]]; 5y FCF grow 0.0% → 2.50% )
EPS Correlation: -80.90 | EPS CAGR: -1.93% | SUE: 1.21 | # QB: 1
Revenue Correlation: 96.36 | Revenue CAGR: 33.98% | SUE: -0.09 | # QB: 0
EPS current Quarter (2026-06-30): EPS=0.52 | Chg30d=+0.62% | Revisions=-20% | Analysts=8
EPS next Quarter (2026-09-30): EPS=0.52 | Chg30d=+0.42% | Revisions=+0% | Analysts=8
EPS current Year (2026-12-31): EPS=2.09 | Chg30d=+1.01% | Revisions=+20% | GrowthEPS=+0.4% | GrowthRev=+26.7%
EPS next Year (2027-12-31): EPS=2.09 | Chg30d=+0.76% | Revisions=+25% | GrowthEPS=+0.1% | GrowthRev=+11.5%
[Analyst] Revisions Ratio: +25%