Trio-Tech International logo

Trio-Tech International

TRT

AMEXTechnologySemiconductors

Previous close

$11.00

−$0.14 · -1.26%

Aug 21, 4:00 PM ET

TRT company overview

Regular session · ET · Market data may be delayed.

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Jul 10, 2026

GoAI score

Hold

Wait — insufficient conviction to act

Valuation

55

Fair Value

Momentum

44

Neutral

Sentiment

58

Mixed

Risk resilience

26

High Risk

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Company profile

Company website

Trio-Tech International (TRT), operating through its various subsidiaries, is a diversified company that supplies the semiconductor industry with a comprehensive range of manufacturing, testing, and distribution services. Its Testing Services division offers a broad spectrum of quality assurance and reliability assessments. These include rigorous evaluations such as stabilization baking, thermal shock, temperature cycling, mechanical stress, constant acceleration, precision leak detection (both gross and fine), electrical performance checks, static and dynamic burn-in, and vibration analysis. The segment also provides dedicated reliability lab services and specialized contract cleaning for microprocessor equipment. A key offering is qualification testing, which involves analyzing small samples from manufacturers to validate the integrity of their production processes and devices. The Manufacturing segment develops and produces specialized equipment. For front-end semiconductor processing, this includes high-precision artic temperature-controlled wafer chucks, vital for testing, characterizing, and analyzing failures in semiconductor wafers and other components. It also manufactures wet process stations, used for the cleaning, rinsing, and drying of semiconductor wafers, flat panel display magnetic disks, and other microelectronic substrates. For back-end applications, offerings span autoclaves, highly accelerated stress test systems, burn-in equipment and associated boards, component centrifuges, and leak detection apparatus. Through its Distribution arm, the company provides a selection of complementary semiconductor products and essential components. This encompasses environmental control chambers, device handlers, interface systems, vibration and shaker systems, solderability testers, and other specialized semiconductor machinery. Furthermore, it distributes components such as connectors, sockets, LCD display panels, and touch-screen panels. A distinct Real Estate segment is involved in property investment and rental activities. Trio-Tech's customer base primarily consists of semiconductor chip producers and testing facilities that procure testing equipment. The company maintains a global presence with operations in the United States, Singapore, Malaysia, Thailand, and China. Trio-Tech International, founded in 1958, is headquartered in Van Nuys, California.

Industry
Semiconductors
Sector
Technology
Headquarters
US
CEO
Siew Wai Yong
Listed since
Jun 16, 1992
Employees
673

Market position

Day range

Current $11.00

52-week range

Current $11.00

Open
$11.15
Previous close
$11.14
Volume
157.44K
0.17× average
Average volume
953.28K
Average daily volume
Market cap
111.24M USD
Beta
1.99
Market reference 1
50-day average
$11.094
-0.85% below average
200-day average
$8.1994
+34.16% above average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
13.99M USD
P/E (TTM)
272.28×
P/B (TTM)
2.83×
P/S (TTM)
1.91×
EV / EBITDA
4.73×
Earnings yield
-0.18%
Free cash flow yield
-2.57%
Dividend yield
0.00%

Profitability & efficiency

Gross margin
17.60%
Operating margin
0.91%
Net margin
0.60%
Return on equity
-0.12%
Return on assets
-0.10%
Return on invested capital
0.02%

Financial health

Debt / equity
0.1×
Current ratio
5.03×
Altman Z-score
7.79
Piotroski F-score
6 of 9

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends30%18%7%-5%Gross margin, FY2021: 23.63%Gross margin, FY2022: 26.63%Gross margin, FY2023: 27.06%Gross margin, FY2024: 25.43%Gross margin, FY2025: 25.07%Operating margin, FY2021: -0.19%Operating margin, FY2022: 5.34%Operating margin, FY2023: 5.15%Operating margin, FY2024: 2.58%Operating margin, FY2025: 0.70%Net margin, FY2021: -1.82%Net margin, FY2022: 5.44%Net margin, FY2023: 3.57%Net margin, FY2024: 2.48%Net margin, FY2025: -0.11%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 23.63%. Gross margin FY2022 26.63%. Gross margin FY2023 27.06%. Gross margin FY2024 25.43%. Gross margin FY2025 25.07%. Operating margin FY2021 -0.19%. Operating margin FY2022 5.34%. Operating margin FY2023 5.15%. Operating margin FY2024 2.58%. Operating margin FY2025 0.70%. Net margin FY2021 -1.82%. Net margin FY2022 5.44%. Net margin FY2023 3.57%. Net margin FY2024 2.48%. Net margin FY2025 -0.11%.

Income trends

Revenue

36.47M USD-13.80%

Operating income

254K USD-76.76%

Net income

−41K USD−1.09M USD
Income trends across reported periods48.53M USD30.67M USD12.81M USD−5.06M USDRevenue, FY2021: 32.46M USDRevenue, FY2022: 44.07M USDRevenue, FY2023: 43.25M USDRevenue, FY2024: 42.31M USDRevenue, FY2025: 36.47M USDOperating income, FY2021: −61K USDOperating income, FY2022: 2.35M USDOperating income, FY2023: 2.23M USDOperating income, FY2024: 1.09M USDOperating income, FY2025: 254K USDNet income, FY2021: −591K USDNet income, FY2022: 2.4M USDNet income, FY2023: 1.54M USDNet income, FY2024: 1.05M USDNet income, FY2025: −41K USDFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 32.46M USD. Revenue FY2022 44.07M USD. Revenue FY2023 43.25M USD. Revenue FY2024 42.31M USD. Revenue FY2025 36.47M USD. Operating income FY2021 −61K USD. Operating income FY2022 2.35M USD. Operating income FY2023 2.23M USD. Operating income FY2024 1.09M USD. Operating income FY2025 254K USD. Net income FY2021 −591K USD. Net income FY2022 2.4M USD. Net income FY2023 1.54M USD. Net income FY2024 1.05M USD. Net income FY2025 −41K USD.
Metric (USD)FY2025FY2024FY2023FY2022FY2021
Revenue36.47M USD42.31M USD43.25M USD44.07M USD32.46M USD
Cost of goods sold27.33M USD31.55M USD31.55M USD32.33M USD24.79M USD
Gross profit9.14M USD10.76M USD11.71M USD11.73M USD7.67M USD
Research and development384K USD392K USD397K USD375K USD357K USD
Selling, general, and administrative8.61M USD9.23M USD9.07M USD9M USD7.38M USD
Operating expenses8.89M USD9.67M USD9.48M USD9.38M USD7.73M USD
Interest income314K USD370K USD174K USD69K USD118K USD
Interest expense45K USD77K USD105K USD122K USD126K USD
Depreciation and amortization2.74M USD4.23M USD5.09M USD3.08M USD3.06M USD
Operating income254K USD1.09M USD2.23M USD2.35M USD−61K USD
Net income−41K USD1.05M USD1.54M USD2.4M USD−591K USD

Company facts updated Aug 24, 2026.

Earnings

Latest EPS result
-0

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Estimates unavailable
Quarterly EPS actual values compared with estimates0.160.05-0.05-0.16Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26
Q3 2024, reported Sep 23, 2024: actual 0.06, estimate —, surprise —, Comparison unavailable. Q4 2024, reported Nov 12, 2024: actual -0.06, estimate —, surprise —, Comparison unavailable. Q1 2025, reported Feb 13, 2025: actual 0.12, estimate —, surprise —, Comparison unavailable. Q2 2025, reported May 13, 2025: actual -0.12, estimate —, surprise —, Comparison unavailable. Q3 2025, reported Sep 19, 2025: actual 0.04, estimate —, surprise —, Comparison unavailable. Q4 2025, reported Nov 14, 2025: actual 0.01, estimate —, surprise —, Comparison unavailable. Q1 2026, reported Feb 13, 2026: actual 0.01, estimate —, surprise —, Comparison unavailable. Q2 2026, reported May 14, 2026: actual -0.004, estimate —, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Estimates unavailable
Quarterly Revenue actual values compared with estimates17.24M13.71M10.18M6.65MQ3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26
Q3 2024, reported Sep 23, 2024: actual 9.75M USD, estimate —, surprise —, Comparison unavailable. Q4 2024, reported Nov 12, 2024: actual 9.8M USD, estimate —, surprise —, Comparison unavailable. Q1 2025, reported Feb 13, 2025: actual 8.62M USD, estimate —, surprise —, Comparison unavailable. Q2 2025, reported May 13, 2025: actual 7.38M USD, estimate —, surprise —, Comparison unavailable. Q3 2025, reported Sep 19, 2025: actual 10.67M USD, estimate —, surprise —, Comparison unavailable. Q4 2025, reported Nov 14, 2025: actual 15.51M USD, estimate —, surprise —, Comparison unavailable. Q1 2026, reported Feb 13, 2026: actual 15.65M USD, estimate —, surprise —, Comparison unavailable. Q2 2026, reported May 14, 2026: actual 16.51M USD, estimate —, surprise —, Comparison unavailable.

TRT news

Corporate actions

Annual dividends per share

Cash distributions grouped by calendar year; partial years are marked.

$0.055

2008 complete year-81.7% since 2006

Corporate action history

Dividend

Ex-dividend Feb 21, 2008

$0.11

Annual

Dividend

Ex-dividend Dec 13, 2006

$0.10

Annual

Dividend

Ex-dividend Jan 6, 2006

$0.50

Annual

TRT peers

ETFs holding TRT

Funds reporting this stock among their holdings, ordered by reported position size.

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