Trio-Tech International (TRT) fair value: what the stock is really worth
As of Nov 6, 2026: fair value (intrinsic value) of Trio-Tech International stock $3.29, price $4.70, that is 30.1% below the price, quality 41 out of 100. Rating: overvalued. Calculated from audited financials with 18 of our 26 valuation models and 37 quality factors, updated daily.
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Trio-Tech International
TRT · USOur calculation puts a fair price 30% below what the stock costs today.
What runs behind every stock
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. As of Nov 8, 2026.
How to read this chart
60‑month range $1.98 – $20.05 · fair‑value band $3.11 – $3.60 · the $4.70 price screens above the $3.29 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). As of Nov 8, 2026.
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Company profile
Trio-Tech International, together with its subsidiaries, offers manufacturing, testing, and distribution services to the semiconductor industry in the United States, Singapore, Malaysia, Thailand, and China. It operates through Manufacturing, Testing, Distribution, and Real Estate segments.
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The company develops and manufactures test equipment used in front-end and back-end manufacturing processes of semiconductors.
It also offers equipment, which includes leak detectors, autoclaves, centrifuges, burn-in systems and boards, HAST testers, temperature-controlled chucks, and others; and develops team integrated device manufacturers and fabless semiconductor companies in the testing process.
In addition, the company provides electrical, environmental, and burn-in testing services to semiconductor manufacturers in testing laboratories, and end users of semiconductors and electronic components; support the asset-light strategy of customers by setting up test facilities; and providing component level, package level and system level testing services.
Further, it distributes environmental chambers, mechanical shock and vibration testers, and other semiconductor equipment; components, such as connectors, sockets, cables, LCD displays, and touch screen panels; and invests in and rents real estate properties; as well as offers value-added services.
Trio-Tech International was incorporated in 1958 and is headquartered in Van Nuys, California.
Stock analysis
Trio-Tech International (TRT) currently trades at $4.70, while our model-based Fair Value estimate is $3.29, 30% below the price, so the stock looks overvalued today.
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Valuation
Bull case: the Multiples group reads highest at a median of $3.95 per share, and 2 of the 18 models we run sit above the $4.70 price.
Bear case: the Earnings-Based group reads lowest at $0.6200, and 16 of the 18 models stay below the price. Data coverage for this calculation is low.
Scenario range: $3.11 (bear) to $3.60 (bull), the price of $4.70 sits above 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 41/100 (below-average quality), in the Technology sector.
Weak Growth: Revenue growth is weak: less than 2 % a year.
Trio-Tech International reported revenue of $36.5M in FY2025 versus $32.5M in FY2021, a compound +3.0%/yr. Reported net income was $617K in FY2026, compounding −28.8%/yr from FY2022.
Key figures
Market cap $48.8M Micro · P/S ratio 0.82 · Net margin −0.1% · Return on equity 0.4% · Return on assets (EBIT) 2.7% (5-year average) · Operating margin −1.8% · Revenue (TTM) $62.6M · Revenue growth (YoY) +39.9%.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 17 out of 100 (low confidence).
What moves the price
The share trades about 77% below its 52-week high and 44% above its 52-week low, currently below its 200-day average.
For context, the median of 10 Technology peers we cover trades at −7% fair-value upside, at −30%, TRT screens richer than that median.
Fair Value models
All 18 models by family
The fair value above starts from this blend and is adjusted for a cyclical trough year.
Quality Score breakdown
It rates the business: profits, how they develop, real cash, balance sheet, investing and share count.
Insider trades
In the last 6 months, 3 officers or directors sold shares worth $2.5M and none bought.
- SaleJason T AdelmanDirector3× since Mar 5, 2026: 81,975 shares, avg. $13.36$1.1MJun 19, 2026
- SaleHock Ming TingDirector7× since Jan 6, 2026: 63,670 shares, avg. $9.55$607,957May 26, 2026
- SaleRichard M HorowitzDirector, 10% owner2× since Jan 7, 2026: 75,000 shares, avg. $17.04$1.3MMay 18, 2026
Plus 6 other filings such as grants, option exercises or tax withholding. They are not market purchases or sales.
Sales are often planned (taxes, diversification, 10b5-1 plans). Purchases with their own money are seen as the stronger sign. For information only: not part of the quality score or Fair Value.
Source: SEC Form 4, as of Nov 6, 2026. All filings at the SEC ↗
Revenue & earnings trend
Growth Forecast
TRT screens overvalued: fair value 30% below the price. Compare with ASML Holding →
Compare Trio-Tech International with another stock
Price, fair value, quality and upside side by side.
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.Semiconductor Equipment & Materials · 235 stocks
Valuation Multiplesvs Semiconductor Equipment & Materials median · lower = cheaper
Strength profile in five axes (Snowflake)
VALUE 0: the price sits above our fair-value range.
Context: sector, industry, market
- Is the Information Technology sector expensive or cheap?
- P/E, EV/EBITDA and margins by industry (reference tables)
- Price/FCF by industry
- Debt-to-equity by industry
- PEG screener for stocks with fair value
- 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.
Similar stocks
10 more Semiconductor Equipment & Materials stocks, each showing price versus our Fair Value estimate.
| Stock | Price | Fair Value | vs Fair Value | Compare |
|---|---|---|---|---|
| Applied Materials, Inc AMAT | $332.72 | $365.99 | +10% | vs TRT |
| Lam Research Corporation LRCX | $200.44 | $220.48 | +10% | vs TRT |
| Hon. Precision, Inc 7769 | 4,040 TWD | 4,444 TWD | +10% | vs TRT |
| ASML Holding ASML | €1,344 | €1,345 | +0% | vs TRT |
| KLA Corporation KLAC | $138.49 | $129.49 | −7% | vs TRT |
| Entegris, Inc ENTG | $127.98 | $91.54 | −28% | vs TRT |
| Qnity Electronics, Inc Q | $117.00 | $70.54 | −40% | vs TRT |
| Advanced Micro-Fabrication Equipment Inc 688012 | ¥248.00 | ¥123.44 | −50% | vs TRT |
| Teradyne, Inc TER | $218.22 | $66.14 | −70% | vs TRT |
| Hangzhou Changchuan Technology Co 300604 | ¥177.68 | ¥45.22 | −75% | vs TRT |
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