Trio-Tech International

TRT Technology Semiconductor Equipment & Materials

Trio-Tech International’s revenue for fiscal 2026 (year ended June 2026) was $62.6 million, up 71.6% from fiscal 2025.

Revenue
+39.9%
EPS
−200.0%
Free cash flow
+118.8%
Total debt
−34.9%

Quarter to June 2026, against a year earlier

4.70 0.14 +3.07%
Market cap
$47.1M
P/E
0.0×
Fwd P/E
19.5×
Dividend yield
—
F-score
5/9
Altman Z
5.67
Beneish M
−1.81
Dividend safety
n/a

Insider Decisions last twelve months

Sold, $m 3.03
Trades a month
Jan 26 Apr 26 Jul 26 Oct 26
Buy — — — — — — — — — — — —
Sell — 4 — 1 4 3 1 — — — — —
Insider Ownership 23.85%

Capital & Financial Ratios $m

Size
Market Cap 47.14
Revenue ttm 62.61
Net income ttm 0.22
Free cash flow ttm 1.69
Net debt Q (25.64)
Valuation
P/E 0.00
Forward P/E 19.50
Price / sales 0.65
Forward P/S Powerpack
Price / FCF 24.21
Price / book 0.95
Financial health
Current ratio Q 3.44 (at or above 1.5: strong)
Debt / equity Q 0.01 (at or below 0.5: strong)
Interest coverage Q (11.08)
Growth
Revenue growth Q +39.92% (above 0%: growing)
Operating income growth Q −156.96% (below 0%: shrinking)
EPS, this year —
EPS, next year A +60.00% (at or above 15%: strong)
Revenue, next year A +26.89% (at or above 10%: strong)
EPS, past 5 yrs —
EPS, next 5 yrs A —

Green and red mark values outside typical ranges; (Q) is the latest quarter, (A) analysts’ estimates. How we judge →

Valuation vs history

P/S against its own 10 years 78.44%
10-year low 10-year high
P/B against its own 10 years 85.19%
10-year low 10-year high
EV/Sales against its own 10 years 46.24%
10-year low 10-year high
EV/FCF against its own 10 years 69.39%
10-year low 10-year high

Dividends

Yield
—
Annual rate
—
Payout ratio
—

Assets vs Liabilities $m

2023 2024 2025 2026
Cash 14 17 17 26
Receivables 11 11 11 15
Inventory 2 3 2 3
Other 1 1 1 1
29 32 32 45
2023 2024 2025 2026
Payables 2 3 2 8
ST’ Debt 0 0 0 0
Other 1 1 0 0
9 9 6 13

Compound Annual Growth %

10y 5y 3y
Sales 6.15% 14.04% 13.12%
Cash Flow 12.95% 15.91% (24.96%)
Earnings 0.00% 0.00% 0.00%
Book Value 7.50% 10.55% 13.31%

EPS $

Sep Dec Mar Jun Year
’26 — — — — —
’26 0.01 0.01 0.00 (0.02) 0.00
’25 (0.03) 0.06 (0.06) 0.02 0.00
’24 0.03 0.06 0.01 0.03 0.12
’23 0.11 0.06 0.00 0.02 0.19
’22 0.12 0.10 (0.02) 0.10 0.29
’21 0.00 0.03 0.02 (0.12) (0.07)
Fiscal quarters ending in the months shown.

Revenue $m

Sep Dec Mar Jun Year
’26 — — — — —
’26 16 16 17 15 63
’25 10 9 7 11 36
’24 10 12 10 10 42
’23 12 12 10 9 43
’22 10 11 11 12 44
’21 7 8 8 9 32
Fiscal quarters ending in the months shown.

Operating Cash Flow $m

Sep Dec Mar Jun Year
’26 — — — — —
’26 1 0 1 1 3
’25 (2) 2 1 (1) 0
’24 0 1 1 0 3
’23 2 2 3 2 8
’22 (1) 2 0 2 2
’21 0 0 1 1 2
Fiscal quarters ending in the months shown.

Free Cash Flow $m

Sep Dec Mar Jun Year
’26 — — — — —
’26 1 0 1 0 2
’25 (2) 2 1 (1) 0
’24 0 1 1 0 2
’23 0 (1) 3 1 4
’22 (1) 1 (1) 1 1
’21 0 0 0 0 1
Fiscal quarters ending in the months shown.

Target Price Range

Analyst price targets

Recommendation Rating

1
1Buy 2 3Hold 4 5Sell

Ten years at a glance Fiscal years to June

Ten-year view Analyst estimates Powerpack
Group Line 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 Trend 10 yrs 2027e 2028e 2029e Next 3/yr
Income, $m
Income, $m Revenue 39 42 39 34 32 44 43 42 36 63 +5.5% 79 100 125 +25.8%
Gross margin, % 24.55 25.11 22.96 21.08 23.63 26.63 27.06 25.43 25.07 16.64 (7.9) pt
EBT 2 2 1 1 (1) 3 2 2 0 0 (15.7%)
EBT margin, % 4.67 5.41 3.59 3.21 (2.77) 6.93 5.51 3.85 0.47 0.62 (4.0) pt
Net income 1 1 1 1 (1) 2 2 1 0 0 (19.0%)
Per share, $
Per share, $ Revenue 5.47 5.96 5.34 4.69 4.31 5.55 5.30 5.09 4.27 6.95 +2.7%
Earnings 0.19 0.17 0.21 0.13 (0.08) 0.30 0.19 0.13 0.00 0.00 n/m
Cash flow 0.56 0.62 0.61 0.41 0.22 0.27 0.99 0.33 0.04 0.38 (4.2%)
Capex (0.31) (0.32) (0.39) (0.13) (0.15) (0.18) (0.54) (0.06) (0.09) (0.19) (5.2%)
Free cash flow 0.25 0.30 0.22 0.28 0.07 0.08 0.45 0.27 (0.05) 0.19 (3.1%)
Book value 3.06 3.31 3.38 3.42 3.46 3.52 3.62 3.80 3.98 4.77 +5.1%
Shares, m 7 7 7 7 8 8 8 8 9 9 +2.8%
Valuation, ×
Valuation, × P/E 13.11 14.06 7.00 12.08 0.00 7.11 12.68 23.31 0.00 0.00 8.9
P/S 0.46 0.38 0.28 0.33 0.59 0.39 0.45 0.60 0.63 1.77 0.6
P/B 0.82 0.68 0.43 0.46 0.73 0.62 0.67 0.80 0.68 2.58 0.8
EV/Sales 0.37 0.26 0.13 0.10 0.27 0.14 0.16 0.23 0.20 1.36 0.3
EV/FCF 8.17 5.21 3.10 1.63 16.76 9.14 1.86 4.29 (16.85) 50.62 8.4
Cash, $m
Cash, $m Operating cash flow 4 4 4 3 2 2 8 3 0 3 (1.6%)
Capex (2) (2) (3) (1) (1) (1) (4) 0 (1) (2) (2.6%)
Free cash flow 2 2 2 2 1 1 4 2 0 2 (0.4%)
Balance, $m
Balance, $m Working capital 7 9 12 13 15 17 20 23 25 32 +17.6%
Net debt (3) (5) (6) (8) (10) (11) (13) (16) (16) (26) +25.9%
Shareholders’ equity 22 24 25 25 26 28 30 32 34 43 +8.0%
Returns, %
Returns, % ROA 4.01 3.38 4.23 2.43 (1.60) 5.86 3.61 2.48 (0.10) (0.07) (4.1) pt
ROIC 5.08 7.34 2.60 (3.50) (0.24) 8.78 8.31 4.28 0.88 (0.73) (5.8) pt
ROE 6.21 5.26 6.39 3.51 (2.31) 8.86 5.36 3.43 (0.13) (0.09) (6.3) pt
People
People Employees 679 661 574 535 501 740 573 676 618 946 +3.8%
Revenue/emp, $m 0.06 0.06 0.07 0.06 0.06 0.06 0.08 0.06 0.06 0.07 +1.7%
Negative figures in brackets.
estimates

All 10 years →

Fiscal years to Jun 2026 · latest quarter Jun 2026 · fundamentals updated 2 Oct 2026

Trio-Tech International vs peers in Semiconductor Equipment & Materials (Q) = latest quarter vs a year earlier

Company Market cap P/E Fwd P/E Revenue growth (Q) EPS growth (Q) FCF growth (Q) Gross margin (Q) EBIT margin (Q) Compare
COHU Cohu, Inc. $1.7B — (loss-making) 353× +37.00% (above 0%: growing) n/m +116.61% (above 0%: growing) 45.51% 7.40% Compare
AEHR Aehr Test Systems $1.6B — (loss-making) 106× +33.69% (above 0%: growing) n/m +133.16% (above 0%: growing) 42.57% (6.40%) Compare
PLAB Photronics, Inc. $1.5B 9.0× 12.3× +2.69% (above 0%: growing) +25.00% (above 0%: growing) +56.06% (above 0%: growing) 33.20% 21.06% Compare
ICHR Ichor Holdings, Ltd. $1.1B 483× 54.5× +37.36% (above 0%: growing) n/m −1,983.47% (below 0%: shrinking) 15.83% 6.94% Compare
NANO Forge Nano Holdings, Inc. $522.3M — — — — — — — Compare
ASYS Amtech Systems, Inc. $194.1M 41.8× 39.2× +14.45% (above 0%: growing) +1,386.49% (above 0%: growing) −47.84% (below 0%: shrinking) 50.01% 9.86% Compare
INTT inTest Corporation $157.8M 104× 57.9× +25.54% (above 0%: growing) n/m +614.26% (above 0%: growing) 40.49% 1.03% Compare
ATOM Atomera Incorporated $101.8M — (loss-making) — (loss-making) +3,850.00% (above 0%: growing) n/m +5.57% (above 0%: growing) 83.54% 0.00% Compare
TRT Trio-Tech International $47.1M — (loss-making) 19.5× +39.92% (above 0%: growing) n/m +118.83% (above 0%: growing) 18.61% (1.78%)
Median of peers $786.2M 72.7× 56.2× +33.69% — +56.06% 42.57% 6.94%

All 30 Semiconductor Equipment & Materials stocks →

Pay and ownership Proxy statement filed 26 October 2026

Chief executive’s pay

Year Total pay Actually paid $100 invested
2026 575.06k 1.61m 237.00
2025 520.03k 456.88k 104.00
2024 535.71k 609.08k 116.00

Ownership

Directors and executive officers, together 31.60%
S. W. Yong 14.20%
Richard M. Horowitz 8.70%
Total pay is as the Summary Compensation Table states it; actually paid revalues the year’s share awards at its end, as the SEC’s pay-versus-performance rule asks. $100 invested is what $100 in the company’s shares at the start of the earliest year shown was worth at each year’s end. Ownership is the proxy’s own table: the directors and officers as a group, and every holder of 5% or more. Read the proxy statement

Trio-Tech International (TRT) Latest News

12 Feb

Impact 3 · · Business Wire

27 Sep

Impact 3 · · Business Wire
stockrow.com/TRT · Data as of Oct 2, 2026 · For information only; not investment advice. · © 2026 stockrow.com