Want to see TRT full AI Analyst Report?
Top Page
Trio-Tech International
(NASDAQ:TRT)
Select Model
Select Model
Rating:49Neutral
Price Target:
$6.00
▼(-41.92% Downside)
Action:Reiterated
Date:09/26/26
The score is primarily held back by weak financial performance trends (multi-year revenue declines and the latest period’s zero-revenue figure) and bearish technicals (price below key moving averages with negative MACD). Valuation also offers little support due to a very high P/E. Offsetting factors are a low-leverage balance sheet, improved recent cash flow, and mildly positive corporate actions (Nasdaq transfer and governance updates).
Positive Factors
Conservative balance sheet
Very low leverage and a larger equity base provide Trio-Tech with financial flexibility through business fluctuations. The stronger capital cushion can support continued operations, investment in testing capabilities, or equipment development without relying heavily on debt financing.
Negative Factors
Persistent revenue decline
Several years of declining revenue indicate weakening business momentum rather than a single temporary fluctuation. A contracting top line can reduce operating leverage, constrain investment capacity, and make it harder for the company to sustain profitability across future reporting periods.
Read all positive and negative factors
Positive Factors
Negative Factors
Conservative balance sheet
Very low leverage and a larger equity base provide Trio-Tech with financial flexibility through business fluctuations. The stronger capital cushion can support continued operations, investment in testing capabilities, or equipment development without relying heavily on debt financing.
Read all positive factors
Trio-Tech International (TRT) vs. SPDR S&P 500 ETF (SPY)
Market Cap
$64.54M
Dividend YieldN/A
Average Volume (3M)302.16K
Price to Earnings (P/E)93.7
Beta (1Y)0.42
Revenue Growth71.65%
EPS Growth-72.92%
CountryUS
Employees675
SectorTechnology
Sector Strength88
IndustrySemiconductors
Share Statistics
EPS (TTM)0.07
Shares Outstanding10,384,698
10 Day Avg. Volume611,836
30 Day Avg. Volume302,162
Financial Highlights & Ratios
PEG Ratio-0.12
Price to Book (P/B)2.47
Price to Sales (P/S)0.00
P/FCF Ratio65.83
Enterprise Value/Market Cap<0.01
Enterprise Value/Revenue<0.01
Enterprise Value/Gross Profit<0.01
Enterprise Value/Ebitda<0.01
Forecast
1Y Price Target
$17.00Price Target Upside64.57% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering1
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
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 divi...
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 screeni...
Trio-Tech International Financial Statement Overview
Summary
Income Statement
38
Negative
Balance Sheet
78
Positive
Cash Flow
66
Positive
| Breakdown | Jun 2026 | Jun 2025 | Jun 2024 | Jun 2023 | Jun 2022 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 0.00 | 36.47M | 42.31M | 43.25M | 44.06M |
| Gross Profit | 10.42M | 9.14M | 10.76M | 11.71M | 11.73M |
| EBITDA | -204.00K | 2.96M | 5.94M | 7.58M | 6.25M |
| Net Income | 617.00K | -41.00K | 1.05M | 1.54M | 2.40M |
Balance Sheet | |||||
| Total Assets | 60.69M | 41.07M | 42.54M | 42.19M | 43.42M |
| Cash, Cash Equivalents and Short-Term Investments | 21.43M | 16.71M | 16.53M | 14.21M | 13.12M |
| Total Debt | 2.35M | 1.73M | 2.85M | 4.11M | 6.06M |
| Total Liabilities | 17.67M | 7.08M | 10.96M | 12.62M | 15.42M |
| Stockholders Equity | 44.88M | 34.03M | 31.33M | 29.41M | 27.87M |
Cash Flow | |||||
| Free Cash Flow | 1.69M | -596.00K | 2.17M | 3.61M | 655.00K |
| Operating Cash Flow | 3.43M | 371.00K | 2.72M | 8.11M | 2.12M |
| Investing Cash Flow | -1.02M | 167.00K | -113.00K | -6.07M | -444.00K |
| Financing Cash Flow | 7.38M | -40.00K | -90.00K | -1.24M | 911.00K |
Trio-Tech International Technical Analysis
Negative
10.33
Price Trends
10.30
Negative
11.26
Negative
8.96
Negative
Market Momentum
-0.70
Positive
27.85
Positive
4.49
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TRT, the sentiment is Negative. The current price of 10.33 is above the 20-day moving average (MA) of 9.94, above the 50-day MA of 10.30, and above the 200-day MA of 8.96, indicating a bearish trend. The MACD of -0.70 indicates Positive momentum. The RSI at 27.85 is Positive, neither overbought nor oversold. The STOCH value of 4.49 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for TRT.
Trio-Tech International Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
61 Neutral | $37.18B | 12.37 | -10.20% | 1.83% | 8.50% | -7.62% | |
59 Neutral | $41.92M | 0.65 | 434.73% | ― | -38.72% | 16.01% | |
57 Neutral | $276.28M | 58.04 | 4.95% | ― | -2.35% | ― | |
57 Neutral | $148.39M | 91.77 | 1.50% | 3.31% | 5.44% | ― | |
49 Neutral | $64.54M | 93.72 | 1.68% | ― | 71.65% | -72.92% | |
49 Neutral | $43.46M | -0.24 | -135.06% | ― | -33.68% | ― | |
47 Neutral | $18.53M | -17.38 | -43.09% | ― | -16.64% | -79.86% |
* Technology Sector Average
TRT
Trio-Tech International
6.42
3.55
123.30%
ASYS
Amtech Systems
15.85
6.61
71.54%
INTT
inTEST
11.71
3.52
42.98%
PXLW
Pixelworks
6.98
-2.81
-28.70%
LEDS
SemiLEDs
2.26
0.06
2.73%
SQNS
Sequans Communications S A
2.72
-6.86
-71.61%
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 tic...
Business Operations and StrategyRegulatory Filings and Compliance
Trio-Tech Updates Bylaws and Governance Framework
Positive
Jul 10, 2026
On July 7, 2026, Trio-Tech International, Inc.’s Board of Directors approved the Third Amended and Restated Bylaws, which took effect immediately and introduce detailed notice and procedural requirements for shareholder director nominations ...
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.