Trio-Tech International (TRT) AI Stock Analysis

243 Followers

Trio-Tech International

(NASDAQ:TRT)

Select Model

Rating:41Neutral

Price Target:$5.50▲(2.61% Upside)

Action:reiterated

Date:11/13/26

The overall score is very low, driven primarily by severe operational and cash flow deterioration. A sharp revenue decline and negative operating cash flow present critical risks, despite a strong, low-debt balance sheet. Technical trends are bearish, and the high P/E ratio is unjustified given weak profitability. The Nasdaq uplisting is a minor positive strategic event but does not offset the fundamental challenges.

Positive Factors

Improving quarterly profitabilityThe latest quarter shows meaningful operating leverage: higher sales and a better product mix lifted gross margin, while operating income improved substantially year over year. If sustained, this demonstrates that revenue growth can translate into stronger earnings rather than merely expanding volume.

Negative Factors

Trailing revenue and margin contractionThe trailing results indicate that the business has recently operated at a much smaller and less profitable scale than in prior years. Continued revenue weakness or thin operating margins would limit earnings resilience and make it harder to fund growth from internally generated profits.

Trio-Tech International (TRT) vs. SPDR S&P 500 ETF (SPY)

Market Cap: $55.41M
Dividend Yield: ―
Average Volume (3M): 238.11K
Price to Earnings (P/E): 76.5
Beta (1Y): 0.30
Revenue Growth: 58.91%
EPS Growth: 102.20%
Country: US
Employees: 945
Sector: Technology
Sector Strength: 61
Industry: Semiconductors

Trio-Tech International Business Overview & Revenue Model

Company Description

Trio-Tech International (TRT), operating through its various subsidiaries, is a diversified company that supplies the semiconductor industry with a comprehensive range of manufacturing, testing, and distribution services. Its Testing Services divisio...

How the Company Makes Money

Trio-Tech International makes money primarily by selling (1) testing and burn-in services and (2) test/burn-in equipment and related systems. 1) Service revenue (testing and burn-in): Trio-Tech operates facilities that perform reliability screening,...

Trio-Tech International Financial Statement Overview

Summary

Financial performance is weak. The income statement shows a sharp 24.8% revenue decline and a negative EBIT margin, while cash flow is deeply negative at -$801k, indicating a critical inability to convert profits to cash. The balance sheet is a lone strength with very low debt, but overall operational deterioration and cash burn dominate the picture.

Income Statement

28Negative

Balance Sheet

72Positive

Cash Flow

15Very Negative

Financial statement breakdown
Breakdown	TTM	Jun 2026	Jun 2025	Jun 2024	Jun 2023	Jun 2022
Income Statement
Total Revenue	67.04M	62.60M	36.47M	42.31M	43.25M	44.06M
Gross Profit	11.95M	10.42M	9.14M	10.76M	11.71M	11.73M
EBITDA	4.13M	2.75M	2.96M	5.94M	7.58M	6.25M
Net Income	735.00K	-34.00K	-41.00K	1.05M	1.54M	2.40M
Balance Sheet
Total Assets	68.01M	60.69M	41.07M	42.54M	42.19M	43.42M
Cash, Cash Equivalents and Short-Term Investments	22.84M	26.91M	16.71M	16.53M	14.21M	13.12M
Total Debt	5.61M	5.91M	1.73M	2.85M	4.11M	6.06M
Total Liabilities	23.56M	17.67M	7.08M	10.96M	12.62M	15.42M
Stockholders Equity	46.31M	44.88M	34.03M	31.33M	29.41M	27.87M
Cash Flow
Free Cash Flow	-3.35M	1.69M	-596.00K	2.17M	3.61M	655.00K
Operating Cash Flow	-801.00K	3.43M	371.00K	2.72M	8.11M	2.12M
Investing Cash Flow	-2.13M	-4.53M	167.00K	-113.00K	-6.07M	-444.00K
Financing Cash Flow	8.26M	10.88M	-40.00K	-90.00K	-1.24M	911.00K

Trio-Tech International Technical Analysis

Technical Analysis SentimentNeutral

Last Price5.36

Price Trends

50DMA6.82Negative

100DMA8.71Negative

200DMA8.81Negative

Market Momentum

MACD-0.37Negative

RSI47.28Neutral

STOCH70.27Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TRT, the sentiment is Neutral. The current price of 5.36 is above the 20-day moving average (MA) of 5.08, below the 50-day MA of 6.82, and below the 200-day MA of 8.81, indicating a neutral trend. The MACD of -0.37 indicates Negative momentum. The RSI at 47.28 is Neutral, neither overbought nor oversold. The STOCH value of 70.27 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for TRT.

Trio-Tech International Peers Comparison

Overall Rating

UnderperformOutperform

Sector (61)

Financial Indicators

TRT against its peers
Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	61Neutral	$37.18B	12.37	-10.20%	1.83%	8.50%	-7.62%
INTT	59Neutral	$189.46M	38.74	4.09%	―	16.57%	―
ASYS	53Neutral	$217.63M	44.20	4.95%	―	-2.35%	―
PXLW	52Neutral	$35.18M	0.50	208.23%	―	―	―
LEDS	49Neutral	$18.86M	-15.85	-43.09%	―	-16.64%	-79.86%
SQNS	48Neutral	$36.63M	-0.22	-216.12%	―	-6.10%	―
TRT	41Neutral	$57.89M	76.46	1.85%	―	58.91%	102.20%

* Technology Sector Average

Performance Comparison

TRT and its peers over the selected period
Ticker	Company Name	Price	Change	% Change
TRT	Trio-tech International	5.36	1.64	43.89%
ASYS	Amtech Systems, Inc.	12.07	4.97	70.00%
INTT	Intest Crop	13.73	6.09	79.71%
PXLW	Pixelworks	5.54	-0.40	-6.73%
LEDS	SemiLEDs Corporation	2.06	-0.29	-12.34%
SQNS	Sequans Communications S	2.38	-3.59	-60.13%

Trio-Tech International Corporate Events

Business Operations and StrategyDelistings and Listing Changes

Trio-Tech International Plans Strategic Nasdaq Market Transfer

Positive

Aug 19, 2026

On August 19, 2026, Trio-Tech International announced that its common stock has been approved for listing on the Nasdaq Global Market, marking a planned transfer from the NYSE American. The company expects trading on Nasdaq under the unchanged ticker...

Glossary

BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.

Date of analysis: Nov 13, 2026

Trio-Tech International AI Stock Analysis