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Trio-Tech International (TRT) Fundamental Analysis & AI Grade 2026

TRT NYSE Special Industry Machinery, NEC CA CIK: 0000732026
Updated This Month • Analysis: May 15, 2026 • SEC Data: 2026-03-31
Combined AI Grade
C
72% Confidence
N/A
C
72% Conf
Pending
Analysis scheduled

📊 TRT Key Takeaways

Revenue: $47.7M
Net Margin: 0.3%
Free Cash Flow: $1.4M
Current Ratio: 3.38x
Debt/Equity: 0.02x
EPS: $0.02
AI Grade: C with 72% confidence
Trio-Tech International (TRT) receives a C fundamental grade with 72% confidence from our AI analysis based on SEC 10-K filings. With revenue of $47.7M, net profit margin of 0.3%, and return on equity (ROE) of 0.5%, Trio-Tech International demonstrates mixed fundamentals in the Industrial sector. Below is our complete TRT stock analysis for 2026.

Is Trio-Tech International (TRT) a Good Investment?

Claude

Trio-Tech faces revenue contraction of 13.8% YoY with profitability margins compressing to near break-even (0.1% operating margin, 0.3% net margin). Returns on equity and assets are abysimal at 0.5% and 0.4% respectively, while interest coverage of 1.0x leaves minimal safety margin. Although the fortress balance sheet and strong liquidity provide downside protection, the company is effectively destroying shareholder value through deteriorating operations.

Trio-Tech International Key Strengths (TRT)

Claude
  • + fortress balance sheet with minimal leverage (debt-to-equity of 0.02x)
  • + exceptional liquidity metrics (3.38x current ratio, 3.13x quick ratio)
  • + substantial cash position of $13M representing 29% of total assets

TRT Stock Risks: Trio-Tech International Investment Risks

Claude
  • ! revenue contraction accelerating at 13.8% YoY indicating business deterioration
  • ! operating margin near break-even at 0.1% with minimal profitability buffer
  • ! interest coverage ratio of 1.0x critically low with no margin for operational disruption
  • ! abysmal returns (0.5% ROE, 0.4% ROA) destroying shareholder capital
  • ! EPS collapse of 104.2% despite flat net income suggests significant share dilution
  • ! free cash flow of $1.4M inadequate relative to scale of operations and capital requirements

Key Metrics to Watch

Claude
  • * sequential and quarterly revenue stabilization or reversal of decline trajectory
  • * operating margin expansion to minimum 2.5-3.0% threshold
  • * interest coverage ratio improvement above 2.0x safety threshold
  • * return on equity trajectory toward 8%+ minimum acceptable threshold

Trio-Tech International (TRT) Financial Metrics & Key Ratios

Revenue
$47.7M
Net Income
$165.0K
EPS (Diluted)
$0.02
Free Cash Flow
$1.4M
Total Assets
$44.7M
Cash Position
$13.0M

💡 AI Analyst Insight

The relatively thin 3.0% FCF margin may limit capital allocation flexibility. Strong liquidity with a 3.38x current ratio provides a solid financial cushion.

TRT Profit Margin, ROE & Profitability Analysis

Gross Margin 16.0%
Operating Margin 0.1%
Net Margin 0.3%
ROE 0.5%
ROA 0.4%
FCF Margin 3.0%

TRT vs Industrial Sector: How Trio-Tech International Compares

How Trio-Tech International compares to Industrial sector averages

Net Margin
TRT 0.3%
vs
Sector Avg 10.0%
TRT Sector
ROE
TRT 0.5%
vs
Sector Avg 15.0%
TRT Sector
Current Ratio
TRT 3.4x
vs
Sector Avg 1.8x
TRT Sector
Debt/Equity
TRT 0.0x
vs
Sector Avg 0.7x
TRT Sector

Sector benchmarks are approximate industry averages. Actual sector performance may vary.

Is Trio-Tech International Stock Overvalued? TRT Valuation Analysis 2026

Based on fundamental analysis, Trio-Tech International has mixed fundamental signals relative to the Industrial sector in 2026.

Return on Equity
0.5%
Sector avg: 15%
Net Profit Margin
0.3%
Sector avg: 10%
Revenue Growth
N/A
Year-over-year
Debt/Equity
0.02x
Sector avg: 0.7x

Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.

Trio-Tech International Balance Sheet: TRT Debt, Cash & Liquidity

Current Ratio
3.38x
Quick Ratio
3.13x
Debt/Equity
0.02x
Debt/Assets
27.4%
Interest Coverage
0.98x
Long-term Debt
$515.0K

TRT Revenue & Earnings Growth: 5-Year Financial Trend

TRT 5-year financial data: Year 2022: Revenue $44.1M, Net Income -$591.0K, EPS $-0.15. Year 2023: Revenue $44.1M, Net Income $2.4M, EPS $0.57. Year 2024: Revenue $43.3M, Net Income $1.5M, EPS $0.37. Year 2025: Revenue $42.3M, Net Income $1.1M, EPS $0.24.
Revenue
Net Income
EPS (right axis)

5-Year Trend Summary: Trio-Tech International's revenue has remained relatively flat over the 5-year period, with a 4% decline. The most recent EPS of $0.24 reflects profitable operations.

TRT Revenue Growth, EPS Growth & YoY Performance

Revenue Growth
N/A
Year-over-year
Net Income Growth
N/A
Year-over-year
EPS Growth
N/A
Earnings per share
FCF Margin
3.0%
Free cash flow / Revenue

TRT Quarterly Earnings & Performance

Quarterly financial performance data for Trio-Tech International including revenue, net income, and earnings per share.
Quarter Revenue Net Income EPS
Q3 2026 $7.4M -$38.0K $0.00
Q2 2026 $8.6M $126.0K $0.01
Q1 2026 $9.8M $77.0K $0.02
Q3 2025 $7.4M $70.0K $0.02
Q2 2025 $8.6M $271.0K $0.06
Q1 2025 $9.8M $230.0K $0.05
Q3 2024 $9.8M -$7.0K $0.00
Q2 2024 $12.2M $507.0K $0.12

Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.

Trio-Tech International Dividends, Buybacks & Capital Allocation

Operating Cash Flow
$2.3M
Cash generated from operations
Stock Buybacks
$12.0K
Shares repurchased (TTM)
Capital Expenditures
$876.0K
Investment in assets
Dividends Paid
$189.0K
Returned to shareholders

TRT SEC Filings: Latest 10-K & 10-Q Analysis

Access official SEC EDGAR filings for Trio-Tech International (CIK: 0000732026)

📋 Recent SEC Filings

Date Form Document Action
Jun 1, 2026 4 xslF345X06/form4-06012026_060601.xml View →
May 28, 2026 4 xslF345X06/rdgdoc.xml View →
May 27, 2026 4 xslF345X06/form4-05272026_090502.xml View →
May 20, 2026 4 xslF345X06/form4-05202026_040554.xml View →
May 15, 2026 4 xslF345X06/form4-05162026_120517.xml View →

Frequently Asked Questions about TRT

What is the AI rating for TRT?

Trio-Tech International (TRT) has an AI grade of C with 72% confidence, based on fundamental analysis of SEC EDGAR filings.

What are TRT's key strengths?

Claude: fortress balance sheet with minimal leverage (debt-to-equity of 0.02x). exceptional liquidity metrics (3.38x current ratio, 3.13x quick ratio).

What are the risks of investing in TRT?

Claude: revenue contraction accelerating at 13.8% YoY indicating business deterioration. operating margin near break-even at 0.1% with minimal profitability buffer.

What is TRT's revenue and growth?

Trio-Tech International reported revenue of $47.7M.

Does TRT pay dividends?

Trio-Tech International pays dividends, with $0.2M distributed to shareholders in the trailing twelve months.

Where can I find TRT SEC filings?

Official SEC filings for Trio-Tech International (CIK: 0000732026) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.

What is TRT's EPS?

Trio-Tech International has a diluted EPS of $0.02.

How is the AI analysis conducted?

Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined grade reflects both perspectives for balanced insights.

What is TRT's fundamental grade?

Based on our AI fundamental analysis in June 2026, Trio-Tech International has a C grade with 72% confidence. Review the strengths and risks sections above for full context. This is not investment advice.

Is TRT stock overvalued or undervalued?

Valuation metrics for TRT: ROE of 0.5% (sector avg: 15%), net margin of 0.3% (sector avg: 10%). Compare these metrics with sector averages to assess valuation.

What is TRT's AI grade for 2026?

Our dual AI analysis gives Trio-Tech International a combined C grade for 2026. Revenue is data pending, with profitability at or below sector average. Always conduct your own research.

What is TRT's free cash flow?

Trio-Tech International's operating cash flow is $2.3M, with capital expenditures of $876.0K. FCF margin is 3.0%.

How does TRT compare to other Industrial stocks?

Vs Industrial sector averages: Net margin 0.3% (avg: 10%), ROE 0.5% (avg: 15%), current ratio 3.38 (avg: 1.8).

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Disclaimer: This analysis is generated by Claude AI (Anthropic) and ChatGPT (OpenAI) based on publicly available SEC EDGAR filings. It does not include stock price data and should not be considered financial advice. All fundamental data is sourced from SEC public domain filings. Always conduct your own research and consult with a qualified financial advisor before making investment decisions.
Data Source: SEC EDGAR | Analysis Date: May 15, 2026 | Data as of: 2026-03-31 | Powered by Claude AI