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General information

Sector: Industrials

The company is not available at Interactive Brokers

Trellidor Holdings Limited (JSE:TRL) manufactures and distributes security gates and window burglar proofing. Trellidor's range includes its internationally certified industrial grade gate used to protect high security risk public spaces, including a model that is one of the strongest in the world.

Over the years Trellidor has developed products suited to contemporary lifestyles, such as see-through security screens, sliding gates in aluminium as well as steel, aluminium louvre shutters, aluminium roller shutters, Polycarbonate bars and a variety of burglar-proofing styles for windows.

Through the Trellidor franchise network, the company ships and installs products wherever customers may be. This provides customers with professional, personal service from people that know the safety and security challenges customers face in their area.

There are over 70 franchise teams throughout South Africa. Trellidor also has franchises in 17 countries in Africa as well as in the United Kingdom, Israel, several European countries and Australia.



  • Good financial results growth rate 92.2% (average between last period year over year growth for revenue and EBITDA), there is acceleration compared to average historical growth rates (0.3%)
  • Dividend yield for the last twelve months 0.0%
  • Free cash flow yield -32.8% (LTM)
  • Share price is 14.4% higher than minimum and 62.0% lower than maximum for the last 3 years
  • The company is undervalued by EV / LTM EBITDA multiple compared to target level (6.6x vs
    )

Key Financials

Share price, ZAR:  (-3.6%)1.3500
Share price, USD: 0.073164
Common stocks: 95 207 143

Dividend Yield:  0.0%
FCF Yield LTM: -32.8%
EV / LTM EBITDA: 6.6x
Last revenue growth (y/y):  -15.7%
Last growth of EBITDA (y/y):  +200.0%
Historical revenue growth:  +7.8%
Historical growth of EBITDA:  +53.3%
Target EV / EBITDA (hist percentile):
EV / LTM EBITDA mutiple calculation
Market Cap ($m): 7
Net Debt ($m): 10
EV (Enterprise Value): 17
EBITDA LTM ($m): 3
EV / LTM EBITDA: 6.6x
Price to Book: 0.78x

Revenue and EBITDA

Semi-Annual values ($m)

Change (y/y)

Cash Flow

FCF ($m)

Net Debt / Cash and Equivalents ($m)

Share price and dividends (Download history)

Share price

Payment ZAR per share

Multiple and potential

EV / EBITDA

Potential dynamics

Insider trades

Date
Company
Person
B/S
Stocks
Price
volume USD
2024-03-28
Trellidor
[JSE:TRL]
TM Dennison
B
100000
ZAR 1.40
-9.4%
7 398
More information for subscribed users:
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Potential and Created Value,
website traffic data

Releases

2022-07-06
Trading Statement And Labour Appeal Court Update
2022-05-31
Changes to the Board
2022-03-10
Notification Of Change In External Auditor
2022-03-07
Unaudited Condensed Consolidated Interim Financial Results For The Six Months Ended 31 December 2021
2021-11-24
Disclosure Of Acquisition Of Securities
2021-11-11
Results Of The Annual General Meeting
2021-10-19
Integrated Annual Report And Broad-Based Black Economic Empowerment Act: Annual Compliance Report
2021-09-29
Correction Announcement: Dividend Declaration
2021-09-28
No Change Statement And Notice Of Annual General Meeting
2021-09-09
Disclosure Of Acquisition Of Securities
2021-09-06
Summarised Consolidated Audited Financial Statements For The Year Ended 30 June 2021 And Dividend Declaration
2021-08-24
Trading Statement
2021-08-05
Trading Statement
2021-07-20
Impact Of KZN And Gauteng Unrest On The Group’s Operations

SENS Announcements

2024-04-02
Dealing in Shares by a Director
2024-03-07
Unaudited condensed consolidated interim financial results for the six months ended 31 December 2023
2024-03-07
CANCELLATION OF S486545 Unaudited Condensed Consolidated Interim Financial Results For The Six Months Ended 31 December 2023
2024-03-07
Unaudited Condensed Consolidated Interim Financial Results For The Six Months Ended 31 December 2023
2023-12-18
Changes to the Board
2023-12-08
Results of the Annual General Meeting and Change to the Board
2023-12-01
Disclosure of Disposal of Securities
2023-11-29
Changes to the Board at the Upcoming Annual General Meeting
2023-11-16
Financial Covenants: Lender Feedback and Group Strategies
2023-10-27
Integrated Annual Report And Broad-Based Black Economic Empowerment Act: Annual Compliance Report
2023-10-13
No Change Statement and Notice of Annual General Meeting
2023-09-28
Audited Consolidated Financial Statements For The Year Ended 30 June 2023
2023-09-21
Updated Trading Statement For The Year Ended 30 June 2023
2023-09-07
Initial Trading Statement For The Year Ended 30 June 2023
2023-03-06
Unaudited Condensed Consolidated Interim Financial Results For The Six Months Ended 31 December 2022
2022-11-11
Change to the Board
2022-11-10
Results of the Annual General Meeting
2022-10-24
Update On Labour Court Judgement
2022-10-20
Integrated Annual Report and Broad-Based Black Economic Empowerment Act: Annual Compliance Report
2022-09-30
No Change Statement And Notice Of Annual General Meeting
2022-09-05
Summarised Consolidated Audited Financial Statements For The Year Ended 30 June 2022
2022-08-31
Updated Trading Statement For The Year Ended 30 June 2022
2022-07-06
Trading Statement And Labour Appeal Court Update
2022-05-31
Changes to the Board