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DCF valuation

What is Trimas Corp worth?

With the base-case assumptions below, a discounted cash flow model on Trimas Corp's reported free cash flow gives $39.44 per share. The share price was $39.15 on September 25, 2026, 1% below that value.

Inputs from the filings

Free cash flow, fiscal 2025
$69.1M
Average free cash flow, last 5 years
$46.3M
Cash
$1.24B
balance sheet of June 30, 2026
Debt
$396.9M
balance sheet of June 30, 2026
Diluted shares, fiscal 2025
40,790,137
Revenue growth per year, last 5 years
-3.5%

Three sets of assumptions

CaseGrowth yrs 1-5Growth yrs 6-10After year 10Discount rateValue per shareValue vs price
Bear-8.5%-3.0%2.0%10.0%$32.71-16%
Base-3.5%-0.5%2.5%9.0%$39.44+1%
Bull1.5%2.5%3.0%8.0%$52.81+35%

Sensitivity: base case value per share

Discount rate down the side, growth after year 10 across the top. Everything else as in the base case.

1.5%2.0%2.5%3.0%3.5%
7.0%$44.07$45.43$47.10$49.19$51.88
8.0%$40.65$41.53$42.58$43.84$45.38
9.0%$38.13$38.74$39.44$40.25$41.22
10.0%$36.20$36.63$37.12$37.68$38.33
11.0%$34.67$34.99$35.34$35.74$36.19

Where the presets come from

Base: years 1 to 5 grow at Trimas Corp's revenue growth rate over the last 5 fiscal years (-3.5% a year), held between -5% and 15%. Years 6 to 10 grow halfway between that and the long-run rate of 2.5%. Future cash is discounted at 9% a year.

Bear: 5 points less growth, 2% long-run growth, 10% discount rate. Bull: 5 points more growth (at most 25%), 3% long-run growth, 8% discount rate.

Value per share = (present value of 10 years of free cash flow + present value of everything after + cash - debt) / diluted shares.

This is a model run on assumptions, not a recommendation or a price target. Small changes in the discount rate or growth move the result a lot, as the table above shows. Change them yourself in the calculator.

Adjust the assumptions

Move the sliders for growth, long-run growth and discount rate, or switch to average free cash flow, and see the value per share change.

Adjust the assumptions

Trimas Corp company page