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TRINITY CAPITAL INC (TRIN) Stock Fundamental Analysis

USA - NASDAQ:TRIN - US8964423086 - Common Stock

14.92 USD
-0.06 (-0.4%)
Last: 10/24/2025, 8:00:01 PM
14.96 USD
+0.04 (+0.27%)
After Hours: 10/24/2025, 8:00:01 PM
Fundamental Rating

4

Overall TRIN gets a fundamental rating of 4 out of 10. We evaluated TRIN against 236 industry peers in the Capital Markets industry. There are concerns on the financial health of TRIN while its profitability can be described as average. TRIN is not valued too expensively and it also shows a decent growth rate.


Dividend Valuation Growth Profitability Health

5

1. Profitability

1.1 Basic Checks

TRIN had positive earnings in the past year.
TRIN had a negative operating cash flow in the past year.
In multiple years TRIN reported negative net income over the last 5 years.
TRIN had a negative operating cash flow in each of the past 5 years.
TRIN Yearly Net Income VS EBIT VS OCF VS FCFTRIN Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2019 2020 2021 2022 2023 2024 0 100M -100M -200M -300M

1.2 Ratios

TRIN has a better Return On Assets (6.79%) than 79.24% of its industry peers.
TRIN's Return On Equity of 15.02% is fine compared to the rest of the industry. TRIN outperforms 77.97% of its industry peers.
With a decent Return On Invested Capital value of 5.24%, TRIN is doing good in the industry, outperforming 65.68% of the companies in the same industry.
Industry RankSector Rank
ROA 6.79%
ROE 15.02%
ROIC 5.24%
ROA(3y)N/A
ROA(5y)N/A
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)N/A
ROIC(5y)N/A
TRIN Yearly ROA, ROE, ROICTRIN Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2019 2020 2021 2022 2023 2024 0 20 40 60 80

1.3 Margins

TRIN has a better Profit Margin (51.88%) than 92.80% of its industry peers.
In the last couple of years the Profit Margin of TRIN has declined.
Looking at the Operating Margin, with a value of 49.03%, TRIN belongs to the top of the industry, outperforming 84.32% of the companies in the same industry.
In the last couple of years the Operating Margin of TRIN has remained more or less at the same level.
Looking at the Gross Margin, with a value of 73.22%, TRIN belongs to the top of the industry, outperforming 80.93% of the companies in the same industry.
TRIN's Gross Margin has been stable in the last couple of years.
Industry RankSector Rank
OM 49.03%
PM (TTM) 51.88%
GM 73.22%
OM growth 3Y0.73%
OM growth 5YN/A
PM growth 3Y-32.9%
PM growth 5YN/A
GM growth 3Y-0.66%
GM growth 5YN/A
TRIN Yearly Profit, Operating, Gross MarginsTRIN Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2019 2020 2021 2022 2023 2024 0 50 100 150

1

2. Health

2.1 Basic Checks

There is no outstanding debt for TRIN. This means it has a Debt/Equity and Debt/FCF ratio of 0 and it is amongst the best of the sector and industry.
TRIN Yearly Shares OutstandingTRIN Yearly Shares OutstandingYearly Shares Outstanding 2019 2020 2021 2022 2023 10M 20M 30M 40M
TRIN Yearly Total Debt VS Total AssetsTRIN Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2019 2020 2021 2022 2023 200M 400M 600M 800M 1B

2.2 Solvency

Based on the Altman-Z score of 0.89, we must say that TRIN is in the distress zone and has some risk of bankruptcy.
TRIN has a Altman-Z score (0.89) which is in line with its industry peers.
TRIN has a Debt/Equity ratio of 1.14. This is a high value indicating a heavy dependency on external financing.
The Debt to Equity ratio of TRIN (1.14) is comparable to the rest of the industry.
Industry RankSector Rank
Debt/Equity 1.14
Debt/FCF N/A
Altman-Z 0.89
ROIC/WACCN/A
WACCN/A
TRIN Yearly LT Debt VS Equity VS FCFTRIN Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2019 2020 2021 2022 2023 2024 0 200M -200M 400M 600M

2.3 Liquidity

A Current Ratio of 0.64 indicates that TRIN may have some problems paying its short term obligations.
Looking at the Current ratio, with a value of 0.64, TRIN is doing worse than 71.61% of the companies in the same industry.
A Quick Ratio of 0.64 indicates that TRIN may have some problems paying its short term obligations.
With a Quick ratio value of 0.64, TRIN is not doing good in the industry: 71.19% of the companies in the same industry are doing better.
Industry RankSector Rank
Current Ratio 0.64
Quick Ratio 0.64
TRIN Yearly Current Assets VS Current LiabilitesTRIN Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2019 2020 2021 2022 2023 10M 20M 30M 40M 50M

6

3. Growth

3.1 Past

TRIN shows a small growth in Earnings Per Share. In the last year, the EPS has grown by 0.46%.
The Earnings Per Share has been growing by 14.21% on average over the past years. This is quite good.
Looking at the last year, TRIN shows a very strong growth in Revenue. The Revenue has grown by 34.16%.
Measured over the past years, TRIN shows a very strong growth in Revenue. The Revenue has been growing by 42.47% on average per year.
EPS 1Y (TTM)0.46%
EPS 3Y14.21%
EPS 5YN/A
EPS Q2Q%0%
Revenue 1Y (TTM)34.16%
Revenue growth 3Y42.47%
Revenue growth 5YN/A
Sales Q2Q%66.38%

3.2 Future

Based on estimates for the next years, TRIN will show a decrease in Earnings Per Share. The EPS will decrease by -3.66% on average per year.
Based on estimates for the next years, TRIN will show a quite strong growth in Revenue. The Revenue will grow by 9.75% on average per year.
EPS Next Y-2.5%
EPS Next 2Y-1.99%
EPS Next 3Y-3.66%
EPS Next 5YN/A
Revenue Next Year21.77%
Revenue Next 2Y15.19%
Revenue Next 3Y9.75%
Revenue Next 5YN/A

3.3 Evolution

The EPS growth rate is decreasing: in the next years the growth will be less than in the last years.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
TRIN Yearly Revenue VS EstimatesTRIN Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2020 2021 2022 2023 2024 2025 2026 2027 100M 200M 300M
TRIN Yearly EPS VS EstimatesTRIN Yearly EPS VS EstimatesYearly EPS VS Estimates 2021 2022 2023 2024 2025 2026 2027 0.5 1 1.5 2

5

4. Valuation

4.1 Price/Earnings Ratio

With a Price/Earnings ratio of 6.88, the valuation of TRIN can be described as very cheap.
Based on the Price/Earnings ratio, TRIN is valued cheaply inside the industry as 86.86% of the companies are valued more expensively.
TRIN's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 26.91.
With a Price/Forward Earnings ratio of 7.09, the valuation of TRIN can be described as very cheap.
Based on the Price/Forward Earnings ratio, TRIN is valued cheaply inside the industry as 88.56% of the companies are valued more expensively.
Compared to an average S&P500 Price/Forward Earnings ratio of 22.92, TRIN is valued rather cheaply.
Industry RankSector Rank
PE 6.88
Fwd PE 7.09
TRIN Price Earnings VS Forward Price EarningsTRIN Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 10 20 30 40 50

4.2 Price Multiples

Industry RankSector Rank
P/FCF N/A
EV/EBITDA N/A
TRIN Per share dataTRIN EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 5 -5 10

4.3 Compensation for Growth

A cheap valuation may be justified as TRIN's earnings are expected to decrease with -3.66% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-1.99%
EPS Next 3Y-3.66%

5

5. Dividend

5.1 Amount

TRIN has a Yearly Dividend Yield of 13.89%, which is a nice return.
Compared to an average industry Dividend Yield of 8.53, TRIN pays a better dividend. On top of this TRIN pays more dividend than 85.59% of the companies listed in the same industry.
Compared to an average S&P500 Dividend Yield of 2.34, TRIN pays a better dividend.
Industry RankSector Rank
Dividend Yield 13.89%

5.2 History

TRIN has been paying a dividend for over 5 years, so it has already some track record.
TRIN has decreased its dividend recently.
Dividend Growth(5Y)N/A
Div Incr Years0
Div Non Decr Years1
TRIN Yearly Dividends per shareTRIN Yearly Dividends per shareYearly Dividends per share 2021 2022 2023 2024 2025 0.5 1 1.5 2

5.3 Sustainability

TRIN pays out 85.51% of its income as dividend. This is not a sustainable payout ratio.
DP85.51%
EPS Next 2Y-1.99%
EPS Next 3Y-3.66%
TRIN Yearly Income VS Free CF VS DividendTRIN Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2019 2020 2021 2022 2023 2024 0 100M -100M -200M -300M
TRIN Dividend Payout.TRIN Dividend Payout, showing the Payout Ratio.TRIN Dividend Payout.PayoutRetained Earnings

TRINITY CAPITAL INC

NASDAQ:TRIN (10/24/2025, 8:00:01 PM)

After market: 14.96 +0.04 (+0.27%)

14.92

-0.06 (-0.4%)

Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupFinancial Services
GICS IndustryCapital Markets
Earnings (Last)08-06 2025-08-06/bmo
Earnings (Next)11-05 2025-11-05/amc
Inst Owners27.98%
Inst Owner Change0.29%
Ins Owners4.94%
Ins Owner Change-2.25%
Market Cap1.05B
Revenue(TTM)267.47M
Net Income(TTM)138.76M
Analysts82.86
Price Target16.77 (12.4%)
Short Float %2.64%
Short Ratio2.24
Dividend
Industry RankSector Rank
Dividend Yield 13.89%
Yearly Dividend1.95
Dividend Growth(5Y)N/A
DP85.51%
Div Incr Years0
Div Non Decr Years1
Ex-Date09-30 2025-09-30 (0.51)
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-1.19%
Min EPS beat(2)-2.5%
Max EPS beat(2)0.12%
EPS beat(4)3
Avg EPS beat(4)1.93%
Min EPS beat(4)-2.5%
Max EPS beat(4)7.82%
EPS beat(8)3
Avg EPS beat(8)0.22%
EPS beat(12)6
Avg EPS beat(12)1.76%
EPS beat(16)9
Avg EPS beat(16)3.73%
Revenue beat(2)1
Avg Revenue beat(2)12.4%
Min Revenue beat(2)-4.19%
Max Revenue beat(2)28.98%
Revenue beat(4)3
Avg Revenue beat(4)10.14%
Min Revenue beat(4)-4.19%
Max Revenue beat(4)28.98%
Revenue beat(8)6
Avg Revenue beat(8)5.31%
Revenue beat(12)9
Avg Revenue beat(12)5.54%
Revenue beat(16)13
Avg Revenue beat(16)7.07%
PT rev (1m)0%
PT rev (3m)2.33%
EPS NQ rev (1m)0%
EPS NQ rev (3m)0.26%
EPS NY rev (1m)0.25%
EPS NY rev (3m)1.35%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)3.83%
Revenue NY rev (1m)0%
Revenue NY rev (3m)2.48%
Valuation
Industry RankSector Rank
PE 6.88
Fwd PE 7.09
P/S 3.92
P/FCF N/A
P/OCF N/A
P/B 1.14
P/tB 1.14
EV/EBITDA N/A
EPS(TTM)2.17
EY14.54%
EPS(NY)2.1
Fwd EY14.1%
FCF(TTM)-5.7
FCFYN/A
OCF(TTM)-5.7
OCFYN/A
SpS3.8
BVpS13.14
TBVpS13.14
PEG (NY)N/A
PEG (5Y)N/A
Graham Number25.32
Profitability
Industry RankSector Rank
ROA 6.79%
ROE 15.02%
ROCE 6.63%
ROIC 5.24%
ROICexc 5.31%
ROICexgc 5.34%
OM 49.03%
PM (TTM) 51.88%
GM 73.22%
FCFM N/A
ROA(3y)N/A
ROA(5y)N/A
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexgc growth 3YN/A
ROICexgc growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3Y0.73%
OM growth 5YN/A
PM growth 3Y-32.9%
PM growth 5YN/A
GM growth 3Y-0.66%
GM growth 5YN/A
F-Score2
Asset Turnover0.13
Health
Industry RankSector Rank
Debt/Equity 1.14
Debt/FCF N/A
Debt/EBITDA N/A
Cap/Depr N/A
Cap/Sales 0.2%
Interest Coverage 1.97
Cash Conversion N/A
Profit Quality N/A
Current Ratio 0.64
Quick Ratio 0.64
Altman-Z 0.89
F-Score2
WACCN/A
ROIC/WACCN/A
Cap/Depr(3y)N/A
Cap/Depr(5y)N/A
Cap/Sales(3y)0.61%
Cap/Sales(5y)0.75%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)0.46%
EPS 3Y14.21%
EPS 5YN/A
EPS Q2Q%0%
EPS Next Y-2.5%
EPS Next 2Y-1.99%
EPS Next 3Y-3.66%
EPS Next 5YN/A
Revenue 1Y (TTM)34.16%
Revenue growth 3Y42.47%
Revenue growth 5YN/A
Sales Q2Q%66.38%
Revenue Next Year21.77%
Revenue Next 2Y15.19%
Revenue Next 3Y9.75%
Revenue Next 5YN/A
EBIT growth 1Y30.64%
EBIT growth 3Y43.5%
EBIT growth 5YN/A
EBIT Next YearN/A
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y-602.71%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-622.78%
OCF growth 3YN/A
OCF growth 5YN/A

TRINITY CAPITAL INC / TRIN FAQ

Can you provide the ChartMill fundamental rating for TRINITY CAPITAL INC?

ChartMill assigns a fundamental rating of 4 / 10 to TRIN.


Can you provide the valuation status for TRINITY CAPITAL INC?

ChartMill assigns a valuation rating of 5 / 10 to TRINITY CAPITAL INC (TRIN). This can be considered as Fairly Valued.


How profitable is TRINITY CAPITAL INC (TRIN) stock?

TRINITY CAPITAL INC (TRIN) has a profitability rating of 5 / 10.


What are the PE and PB ratios of TRINITY CAPITAL INC (TRIN) stock?

The Price/Earnings (PE) ratio for TRINITY CAPITAL INC (TRIN) is 6.88 and the Price/Book (PB) ratio is 1.14.


How sustainable is the dividend of TRINITY CAPITAL INC (TRIN) stock?

The dividend rating of TRINITY CAPITAL INC (TRIN) is 5 / 10 and the dividend payout ratio is 85.51%.