Added to YB: 2025-05-30
Pitch date: 2025-05-29
TRS [bullish]
TriMas Corporation
+49.5%
current return
Author Info
No bio for this author
Company Info
TriMas Corporation engages in the design, development, manufacture, and sale of products for consumer products, aerospace and defense, and industrial markets worldwide.
Market Cap
$1.5B
Pitch Price
$26.37
Price Target
38.00 (-4%)
Dividend
0.39%
EV/EBITDA
9.05
P/E
88.09
EV/Sales
1.00
Sector
Containers and Packaging
Category
special_situation
Event #1 - Trimas (TRS)
TRS: Two-segment firm (packaging & aerospace) with 37-44% upside to $36-38/share via SOTP. Largest shareholder Sedaghat aggressively buying (now ~5%). Multiple activists involved. CEO/CFO departed, Barington pushing for sale. Undervalued at 11x 2025E EBITDA ($162-167M). Similar to Barnes takeout.
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