Check 35,000+ stocks against 26 valuation models and 37 quality factors
Data-driven stock valuation
Which stocks are undervalued right now? Check free
Discover now →
Trisura Group (TRRSF) fair value: what the stock is really worth
As of Oct 2, 2026: fair value of Trisura Group $17.53, price $28.94, upside -39.4%, quality 59 out of 100. Calculated from audited financials with 26 valuation models and 37 quality factors, updated daily.
- Fair value above price? No
- Good quality? Yes
- Add to watchlist
TG
Broad data
Sep 24, 2026
Broad data
Sep 24, 2026
Trisura Group
TRRSF · USStretched ValuationStrong overvaluation with only moderate quality.
!Fair value $17.53 · Strongly overvalued (−39.4%)
!Quality 59/100
✓Healthy Growth (revenue 5y +30.8 %/yr)
!Thin margins · 4.7% net margin (TTM)
✓Low debt · generates free cash flow
!Moderate moat 46/100
!The models disagree: range $13.60 to $45.67
Watch Trisura Group for free, get notified when fair value or trend changes. Plus fair value for all 35,000+ stocks, 14 days of Pro free, no card.
Watch for free
Pro now: $1 first month
What runs behind every stock
26
valuation models
8 families, DCF to NCAV
37
quality factors
margins, balance sheet, cashflow, debt
6
AI factors
moat, what no ratio measures
2,000+
data points
verified, per stock, median
69 individual criteria per stock, every one traceable See the method →
Price vs Fair Value
White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Sep 24, 2026.
How to read this chart
60‑month range $21.32 – $39.12 · fair‑value band $13.60 – $45.67 · the $28.94 price screens above the $17.53 fair value. Dashed = 300-day average. As of Sep 24, 2026.
Company profile
Trisura Group Ltd., a specialty insurance company, operates in the surety, warranty, corporate insurance, and program and fronting businesses in Canada and the United States. The company operates in two segments: Trisura Specialty and Trisura US Programs.
Show more
Trisura Group Ltd., a specialty insurance company, operates in the surety, warranty, corporate insurance, and program and fronting businesses in Canada and the United States. The company operates in two segments: Trisura Specialty and Trisura US Programs. It offers contract surety bonds, such as performance and labour and material payment bonds for construction industry; commercial surety bonds, including license and permit, tax and excise, and fiduciary bonds; Developer surety bonds, comprising bonds to secure real estate developers; and new home warranty insurance for residential homes. The company also provides directors' and officers' insurance for private, and non-profit and public enterprises; professional liability insurance for both enterprises and professionals; technology and cyber liability insurance for enterprises; commercial package insurance for both enterprises and professionals; and fidelity insurance for both commercial enterprises and financial institutions. Trisura Group Ltd. was founded in 2006 and is headquartered in Toronto, Canada.
Stock analysis
Trisura Group (TRRSF) currently trades at $28.94, while our model-based Fair Value estimate is $17.53, 39.4% below the price, so the stock looks overvalued today.
Show more
Valuation
Bull case: the Multiples group reads highest at a median of $19.24 per share, and 0 of the 4 models we run sit above the $28.94 price.
Bear case: the Asset-Based group reads lowest at $9.21, and 4 of the 4 models stay below the price. Evidence for this calculation is high.
Scenario range: $13.60 (bear) to $45.67 (bull), the price of $28.94 sits inside it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.
Quality & growth
The Quality Score stands at 59/100 (solid quality), in the Financial Services sector.
Healthy Growth: Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Trisura Group reported revenue of C$868M in FY2025 versus C$350M in FY2021, a compound +25.5%/yr. Reported net income was C$142M in FY2025, compounding +22.8%/yr from FY2021.
Key figures
Market cap $1.4B · P/E ratio 13.2 · P/S ratio 2.17 · EPS (TTM) $2.19 · Net margin 16.4% · Return on equity 17.0% · Return on assets (EBIT) 2.7% · Operating margin 5.8%.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 52 out of 100 (low confidence).
What moves the price
The share trades about 20% below its 52-week high and 11% above its 52-week low, currently below its 200-day average.
For context, the median of 10 Financial Services peers we cover trades at 10% fair-value upside, at −39%, TRRSF screens richer than that median.
Fair Value models
Bear $13.60
Fair Value $17.53
Bull $45.67
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above is their evidence-weighted blend, not the output of a single model. Based on fiscal year 2025 figures (about 9 months old). Earnings retained since then ($1.66 per share) are deliberately not added.
Bear ⓘBear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull ⓘBull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. If a model's bull case is above four times its base value, the table shows that limit with a > sign (like the overall Bull above): beyond it no assumption holds.
Evidence ⓘEvidence = how well-backed THIS model's estimate is for this stock (0–100): how complete and reliable its input data are, and how well the model fits the company. The final Fair Value is an evidence-weighted blend, so better-evidenced models count more. Green ≥70, amber 50–69, grey below 50.
Highest evidence
Residual Income
$13.04
$16.23
$23.74
70
P/E Multiple
$20.61
$27.48
$34.35
63
P/B Multiple
$14.43
$19.24
$24.05
55
All 4 models by family
Multiples
P/E Multiple
$20.61
$27.48
$34.35
63
P/B Multiple
$14.43
$19.24
$24.05
55
Asset-Based
NCAV (Graham)
$6.87
$9.21
$13.74
54
Economic Profit
Residual Income
$13.04
$16.23
$23.74
70
Notify me when TRRSF reaches fair value
Put TRRSF on your watchlist. We get in touch as soon as price and fair value meet or the trend turns.
Set up alert →Quality Score breakdown
Overall quality
59/100
Of which business quality 54 · Market factors (momentum, volatility) 50
Profitability
34
Margins and returns on capital today
Quality Growth
59
Are margins and returns improving?
Cashflow
100
Earnings quality: real cash, not paper profit
Fin. Strength
19
Balance sheet, leverage, solvency risk
Investment
58
Disciplined investing over empire-building
Low Volatility
82
Calm price path (market factor)
Momentum
39
Price trend over the last 3–12 months (market factor)
52W Momentum
35
Distance to the 52-week high (market factor)
Net Issuance
56
Share count: buybacks or dilution?
Revenue & earnings trend
Growth Quality ⓘGrowth is valuable only when reinvestment earns attractive returns (Aswath Damodaran): sustainable growth depends on return on capital, reinvestment and efficiency. Basis: total company revenue over the periods shown on the cards (3Y/5Y/all years), not per share, so a merger can show up as a growth jump; per-share earnings growth is in the value-creation card.
95/100
Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Revenue growth 1 year
+11.4%
Revenue growth 3 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+18.6%
Revenue growth 5 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+30.8%
Start year 2020 (pandemic). Over 10 years: +32.9% a year
Revenue growth 10 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+32.9%
’15
’16
’17
’18
’19
’20
’21
’22
’23
’24
’25
What shareholders gained per year (last 5 years) (mathematically smoothed) ⓘWhat the business itself delivers per year: earnings growth per share plus the dividend yield. This is what you get IF the market keeps valuing the stock the same way: it contains no assumption about the market changing its mind. Computed per share, so buybacks count and a merger does not pass as growth. For a company that pays no dividend it is pure earnings growth per share. Period: earnings growth per share as CAGR over the last 5 reported fiscal years (annual statements), plus the current dividend yield. The start value is the median of the three years around the start, so a single crisis year (a pandemic or a write-down) does not distort the rate. Smoothed = median of all growth paths between the years of the window (trend line on the logarithm of earnings per share): a single extreme year cannot distort the rate. The reported figure stays in the tooltip.
+29.0%
Earnings growth per share plus dividend.
Earnings per share, growth per year+29.0%
Dividend (yield on the price)0.0%
Pace: 5 vs 10 years ⓘTwo data points, not a trend model: earnings growth per share over the last 5 fiscal years against the last 10. Labelled "steady" when both rates are within 3 percentage points of each other, otherwise picking up or flattening. Shown only when ten years of history exist.29.0% vs 36.9%, slowing
Profit margin 2020 to 2025 ⓘOperating margin then vs now, from reported annual statements. A falling margin after a boom year is the classic peak-earnings signal: the growth rate then leans on an inflated base.17% → 22%
2025 sits 107% above its own trend. The rate follows the median trend of the last 5 years, not that single year.
Start year 2020 (pandemic)
Growth Forecast
Little optimism in the price
What the price assumes ⓘThis turns our valuation around: instead of asking what the share is worth, it asks what growth the current price requires. It uses the cash the company keeps after all spending (free cash flow), the same discount rate as our models, five years of growth, then slowing evenly to 2 % a year by year ten. Compared with the analysts' sales forecasts extended to the same five years (at least three analysts, for context only, it does not enter the Fair Value): within 3 percentage points counts as "in line" (amber), below that little optimism (green), above that a lot of optimism (red).
less than -40 %
Yearly growth needed for the next five years to justify today's price.
What forecasts expect
n/a
No analyst forecast available.
Compare Trisura Group with another stock
Price, fair value, quality and upside side by side.
Free, no sign-up
Peer GroupⓘHow this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.Insurance - Specialty · 28 stocks
Beats the industry median on 5/13 measures
Overall it trails its industry peers.
Valuation Multiplesvs Insurance - Specialty median · lower = cheaper
Context: sector, industry, market
- Is the Financials sector expensive or cheap?
- P/E, EV/EBITDA and margins by industry (reference tables)
- Undervalued stocks: US Stocks
- Valuation of the USA market
Values & ESG
Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.
None of the checked exposures detected
Similar stocks
10 more Insurance - Specialty stocks, each showing price versus our Fair Value estimate.
| Stock | Price | Fair Value | vs Fair Value |
|---|---|---|---|
| Fidelity National Financial, Inc FNF | $41.16 | $29.18 | −29% |
| Medibank Private Limited MPL | A$4.53 | A$1.95 | −57% |
| AXIS Capital Holdings AXS | $94.45 | $118.38 | +25% |
| First American Financial Corporation FAF | $64.72 | $52.86 | −18% |
| Enact Holdings ACT | $44.15 | $44.39 | +1% |
| MGIC Investment Corporation MTG | $28.48 | $29.83 | +5% |
| Essent Group ESNT | $63.73 | $70.20 | +10% |
| Radian Group RDN | $33.02 | $40.30 | +22% |
| NMI Holdings NMIH | $40.97 | $47.46 | +16% |
| Assured Guaranty Ltd AGO | $68.97 | $120.05 | +74% |
Explore undervalued stocks
More undervalued Financial Services stocks →
All undervalued stocks
TechnologyFinancial ServicesHealthcareConsumer CyclicalConsumer DefensiveCommunication ServicesIndustrialsEnergyBasic MaterialsReal EstateUtilities Deeply Undervalued StocksUndervalued High-Quality StocksUndervalued Blue-Chip StocksUndervalued Small-Cap StocksUndervalued Dividend Stocks
Try a ready-made strategy
Pick a strategy and jump into the live analysis with that exact screen applied.
🥇 Backtested Best
🏆 Big Names
⭐ Top Rated
💎 Quality on Sale
🚀 Profitable Growth
🧊 Quality Compounders
💵 Dividend Stars
📈 Strong Momentum
📉 Fallen Angels
⚖️ Deeply Undervalued
🔍 Small-Cap Gems
🏰 Moat at a Fair Price
💼 Insider Buying
🎩 Buffett-Style Quality
📚 Peter Lynch GARP
🧮 Greenblatt Magic Formula
🛡️ Graham Defensive
Discover tools
Stock screenerFilter by region, size and sector
Compare toolTwo stocks side by side
Extrinsic Value Calculator…Calculator with industry benchmark
Peter Lynch Fair Value Formula &…Calculator with industry benchmark
Run the numbers yourself: free valuation calculators
Frequently asked questions
Is Trisura Group (TRRSF) overvalued or undervalued?
As of Sep 24, 2026, our model estimates a fair value of $17.53 versus a price of $28.94, about −39% upside (overvalued).
What is the fair value of TRRSF?
Our model-based fair value for Trisura Group is $17.53 (as of Sep 24, 2026), built from audited fundamentals. The current price: $28.94.
What is the quality score of TRRSF?
Trisura Group has a Quality Score of 59/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the price target for Trisura Group (TRRSF)?
Our model-based price target is the fair value of $17.53 (as of Sep 24, 2026) from 4 valuation models. Cautious scenario $13.60, optimistic scenario $45.67. It is a calculation from audited fundamentals, not an analyst target.
What is the Trisura Group stock forecast for 2026?
Our models put fair value at $17.53, about −39% upside versus a price of $28.94 (overvalued). Cautious scenario $13.60, optimistic scenario $45.67. The calculation is refreshed regularly with new filings.
What growth is priced into Trisura Group (TRRSF)?
For today's price to be fair in a discounted-cash-flow model, Trisura Group would have to grow free cash flow by less than minus 40 % per year for five years (discount rate 10.1 %, then slowing evenly to 2 % perpetual growth by year ten). Over the last 5 years revenue grew +30.8 % per year. As of Sep 24, 2026.
What discount rate (WACC) does the fair value of TRRSF use?
Our models discount Trisura Group at 10.1 %: a base by market capitalisation (small), damped by beta 0.58, country premium for USA. The same rate applies in all 26 models.
What is a reverse DCF?
A reverse DCF turns the usual calculation around. Instead of deriving a value from assumptions, it takes today's price as given and asks: what free-cash-flow growth would a company have to deliver for exactly this price to be fair? The result is not a forecast but the expectation already priced in. For Trisura Group that is less than minus 40 % per year a year over ten years, using the same discount rate (10.1 %) and the same formula as our fair value.
How much growth has Trisura Group (TRRSF) delivered so far?
Over the past 5 years revenue at Trisura Group grew +30.8 % a year. The price currently implies less than minus 40 % per year free-cash-flow growth a year. Comparing the two shows how much confidence is in the price: if it demands more than has been delivered, the business has to accelerate for the maths to work.
How fast is the sector of Trisura Group (TRRSF) growing?
The median revenue growth in the sector is +9.3 % a year. That is the yardstick for the growth priced into Trisura Group (less than minus 40 % per year a year): it shows whether the expectation is within the usual range or beyond it.
What is the free cash flow yield of Trisura Group (TRRSF)?
The free-cash-flow yield on the price is 18.87 %: that much free cash flow Trisura Group produces per unit of market value. When it exceeds the discount rate of our models (10.1 %), the business already earns more than its cost of capital demands, and the price needs little additional growth.
What is the intrinsic value of Trisura Group (TRRSF)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Trisura Group it is $17.53 per share (as of Sep 24, 2026), against a price of $28.94. It is the blended result of 4 valuation models (cash flow, earnings, asset, dividend).
Is Trisura Group stock overvalued or undervalued in 2026?
As of Sep 24, 2026, TRRSF trades above its calculated fair value: price $28.94, fair value $17.53, a gap of about −39% (overvalued). The calculation is refreshed with each new quarterly report, so the verdict can change during the year.
Is fair value the same as the market price of TRRSF?
No. The price is what the market pays today ($28.94); the fair value is what the company's own numbers justify ($17.53). For Trisura Group the two are $11.41 per share apart. That gap is exactly why we show both numbers side by side.
How much is Trisura Group worth?
The market values Trisura Group at about $1.4B (market capitalisation, as of Sep 24, 2026). Per share that is $28.94; our models calculate a fair value of $17.53 per share.
What do the bullish and bearish scenarios say about TRRSF?
Our models span a range for Trisura Group: cautious scenario $13.60, base $17.53, optimistic $45.67 per share (as of Sep 24, 2026, price $28.94). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of TRRSF?
Trisura Group trades at a price-to-earnings ratio of 13.2 (as of Sep 24, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of $17.53 is built from several models across several years. Other multiples: P/B 1.5, P/S 0.4, EV/EBITDA 6.0.
How solid is the balance sheet of Trisura Group (TRRSF)?
Balance-sheet figures for Trisura Group (as of Sep 24, 2026): return on equity 17.0%, debt of 0.11 per unit of equity. They feed the Quality Score of 59/100, which measures business quality independently of the share price.
How far is TRRSF from its 52-week high?
Trisura Group trades at $28.94, about 20% below its 52-week high of $36.25 and 11% above the low of $25.96 (as of Oct 2, 2026). Distance from the high says nothing about value: that is what the fair value of $17.53 is for.
Which stocks are comparable to Trisura Group?
From the same area (Financial Services) we also value Fidelity National Financial, Inc, Medibank Private Limited, AXIS Capital Holdings, First American Financial Corporation, among others. Each of them has its own fair-value calculation on this site using the same models, so the comparison is like for like.
Is Trisura Group stock attractive at the current price?
The data as of Sep 24, 2026: price $28.94, calculated fair value $17.53 (−39%), Quality Score 59/100, from 4 models. Whether that fits your horizon and risk tolerance is your call. We provide the calculation, not investment advice.
How is the fair value of TRRSF calculated?
We run Trisura Group through 4 models from four families: discounted cash flow, earnings models, asset and balance-sheet models, and dividend models. Every model gets the same audited fundamentals; the result is the weighted average of $17.53, with the spread shown as a cautious and an optimistic scenario.
Is it still worth investing in stocks now?
The global stock market currently sits 14.5 % above its aggregate fair value. Trisura Group itself currently trades above fair value. An expensive market is no reason to stay out and no reason to buy everything at once: keep a broad savings plan running, buy single stocks only with money you can do without, and hold part of your money liquid while the market is high. The full picture including sectors is on is it worth investing now.
What is the share price of Trisura Group (TRRSF)?
The closing price on Oct 2, 2026 was $28.94. Our model-based fair value is $17.53, about −39% upside (overvalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Trisura Group right now?
The model range is unusually wide ($13.60 to $45.67). The outcome hinges heavily on assumptions, so read the point estimate with caution. Solid but not exceptional quality (59/100) and above fair value, neither a clear bargain nor a standout compounder. For a financial, book-value and earnings-based methods matter more than a cash-flow DCF, which fits banks and insurers poorly.
Key figures of Trisura Group
How large is the market capitalisation of Trisura Group (TRRSF)?
The market capitalisation of Trisura Group is $1.4B. The stock-market value of the whole company: share price times number of shares. It is what the market asks for the entire business today.
What is the P/S ratio of Trisura Group (TRRSF)?
The price-to-sales ratio of Trisura Group is 2.17 (P/E × margin). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What are the earnings per share of Trisura Group (TRRSF)?
Earnings per share at Trisura Group are $2.19 (price ÷ EPS = P/E 13.2). Earnings per share over the last twelve months: total profit spread across every single share.
What is the net margin of Trisura Group (TRRSF)?
The net margin of Trisura Group is 16.4% (fiscal year 2025). How much of every unit of revenue ends up as profit. 10% means 10 cents of profit per dollar of sales.
What is the return on equity of Trisura Group (TRRSF)?
The return on equity (ROE) of Trisura Group is 17.0% (last twelve months). Profit relative to shareholders' equity, how efficiently the company works with its owners' money.
What is the EBIT return on assets of Trisura Group (TRRSF)?
On an EBIT basis the return on assets of Trisura Group is 2.7% (avg 5y). Operating profit (EBIT) relative to everything the company owns, as a multi-year average. It describes the business model rather than one good or bad year.
What is the operating margin of Trisura Group (TRRSF)?
The operating margin of Trisura Group is 5.8% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Trisura Group (TRRSF)?
Revenue at Trisura Group is growing +0.9% versus a year earlier (3y avg +18.6%). How much revenue grew versus a year earlier (YoY). The 3-year average next to it puts the single year in context.
How fast are earnings growing at Trisura Group (TRRSF)?
Earnings per share at Trisura Group are growing +28.3% versus a year earlier. How much earnings per share grew versus a year earlier.
How much net cash does Trisura Group (TRRSF) hold?
Trisura Group holds more cash than debt, C$131M net (fiscal year 2025). The company holds more cash than debt, a safety cushion.
Free · no account needed
Watch Trisura Group in the live analysis
One click puts Trisura Group on your watchlist: fair value and trend at a glance, plus comparison, the diversification check and the 35,000+ stock screener. You can also try 14 days of Pro there, no card.
Watch for free →Zero risk: nothing is ever charged. Your watchlist is yours, with or without an account.