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General information

Country: UNITED STATES

Sector: Real Estate — Diversified

Trinity Place Holdings, Inc. engages in the ownership, investment, management, and development of real estate properties. The company is headquartered in New York City, New York and currently employs 9 full-time employees. The firm owns, invests in, manages, develops and/or redevelops real estate assets and/or real estate related securities. The firm operates through commercial real estate segment. The firm`s principal asset is a property located at 77 Greenwich Street (77 Greenwich) in Lower Manhattan, formerly known as 28-42 Trinity Place. The firm also owns a strip center located in West Palm Beach, Florida and former retail properties in Westbury, New York and Paramus, New Jersey. The firm also controls a range of intellectual property assets focused on the consumer sector, including its online marketplace at FilenesBasement.com, its rights to the Stanley Blacker brand, and the intellectual property associated with the Running of the Brides event and An Educated Consumer is Our Best Customer slogan.
Website: tphs.com



Growth: Good revenue growth rate >200%, there is acceleration compared to average historical growth rates 66.7%. The revenue growth dynamics is unstable

Profitability: LTM EBITDA margin is negative, -5.3%. On average the margin is decreasing steadily. Gross margin is low, +3.0%.

Cash Flow Generation: Dividend yield for the last twelve months 0.0%. Free cash flow yield -837.5% (LTM)

Undervaluation: Fundamental value created in LTM (estimate)


Entry Point: Share price is 70.1% higher than minimum and 95.2% lower than maximum for the last 3 years

AI Insight: the companies with similar growth trajectories, EBITDA margin, industries and geography on average are valued 11.6x by EV / Sales multiple , the company can be >100% undervalued

Key Financials (Download financials)

Ticker: TPHS
Share price, USD:  (-0.9%)0.1378
year average price 0.3280  


year start price 0.3050 2023-04-27

max close price 0.6775 2023-05-17

min close price 0.0810 2024-03-15

current price 0.1378 2024-04-26
Common stocks: 37 260 000

Dividend Yield:  0.0%
Last revenue growth (y/y):  > 200.0%
Last growth of EBITDA (y/y):  ---
Historical revenue growth:  66.7%
Historical growth of EBITDA:  ---
EV / Sales: 0.8x
Margin (EBITDA LTM / Revenue): -5.3%
Fundamental value created in LTM:
Market Cap ($m): 5
Net Debt ($m): 42
EV (Enterprise Value): 47
Price to Book: -0.5x

Revenue and EBITDA

Quarterly values ($m)

Change (y/y)

Cash Flow

FCF ($m)

Net Debt / Cash and Equivalents ($m)

Share price and dividends (Download history)

Share price

Payment USD per share

Multiple and potential

EV / Sales

Potential dynamics

News


2024-03-18InvestorPlace

What Is Going on With Trinity Place (TPHS) Stock Today?

2024-01-03InvestorPlace

Why Is Trinity Place (TPHS) Stock Up 97% Today?
More information for subscribed users:
detailed calculation of
Fundamental value created in LTM

Financial reporting

Income Statement

Property 2023 q4 2023 q3 2023 q2 2023 q1 2022 q4 2022 q3 2022 q2
date 2023-12-31 2023-09-30 2023-06-30 2023-03-31 2022-12-31 2022-09-30 2022-06-30
symbol TPHS TPHS TPHS TPHS TPHS TPHS TPHS
reportedCurrency USD USD USD USD USD USD USD
cik 724 742 724 742 724 742 724 742 724 742 724 742 724 742
fillingDate 2024-03-29 2023-11-14 2023-08-14 2023-05-15 2023-03-31 2022-11-14 2022-09-07
acceptedDate 2024-03-29 15:48:51 2023-11-14 17:07:17 2023-08-14 16:36:04 2023-05-15 16:59:40 2023-03-31 16:45:55 2022-11-14 17:20:10 2022-09-07 16:15:28
calendarYear 2023.000 2023.000 2023.000 2023.000 2022.000 2022.000 2022.000
period Q4 Q3 Q2 Q1 Q4 Q3 Q2
revenue 2M 11M 7M 15M 10M 19M 6M
costOfRevenue 2M 11M 6M 14M 10M 18M 6M
grossProfit -924 000 -611 000 218 000 569 000 345 000 566 000 364 000
grossProfitRatio -0.596 -0.058 0.033 0.039 0.034 0.030 0.057
researchAndDevelopmentExpenses 0 0 0 0 0 0 0
generalAndAdministrativeExpenses 585 000 2M 2M 2M 1M 2M 2M
sellingAndMarketingExpenses 0 0 0 0 0 0 0
sellingGeneralAndAdministrativeExpenses 585 000 2M 2M 2M 1M 2M 2M
otherExpenses -675 000 -2M -2M 880 000 869 000 986 000 994 000
operatingExpenses 675 000 3M 3M 2M 2M 3M 3M
costAndExpenses 3M 14M 9M 17M 12M 21M 9M
interestIncome 0 0 8M 0 -4M 1M 0
interestExpense 8M 9M 8M 7M 4M 5M 4M
depreciationAndAmortization 616 000 2M 2M 2M -686 000 2M 1M
ebitda -983 000 -1M -803 000 -11 000 -3M 366 000 5M
ebitdaratio -0.634 -0.139 -0.121 -0.001 -0.257 0.019 0.785
operatingIncome -2M -3M -3M -2M -2M -1M -2M
operatingIncomeRatio -1.032 -0.305 -0.412 -0.130 -0.189 -0.074 -0.361
totalOtherIncomeExpensesNet -8M 14 000 -3000.000 -4M -7M -5M 2M
incomeBeforeTax -10M -12M -11M -6M -9M -6M -103 000
incomeBeforeTaxRatio -6.430 -1.119 -1.635 -0.418 -0.884 -0.330 -0.016
incomeTaxExpense 8000.000 9M 51 000 124 000 16 000 82 000 120 000
netIncome -10M -12M -11M -6M -9M -6M -223 000
netIncomeRatio -6.435 -1.119 -1.642 -0.427 -0.886 -0.335 -0.035
eps -0.260 -0.310 -0.290 -0.170 -0.240 -0.170 -0.010
epsdiluted -0.260 -0.310 -0.290 -0.170 -0.240 -0.170 -0.010
weightedAverageShsOut 38M 39M 38M 38M 37M 37M 37M
weightedAverageShsOutDil 38M 39M 38M 38M 37M 37M 37M
link Link Link Link Link Link Link Link
finalLink Link Link Link Link Link Link Link

Balance Sheet Statement

Property 2023 q4 2023 q3 2023 q2 2023 q1 2022 q4 2022 q3 2022 q2
date 2023-12-31 2023-09-30 2023-06-30 2023-03-31 2022-12-31 2022-09-30 2022-06-30
symbol TPHS TPHS TPHS TPHS TPHS TPHS TPHS
reportedCurrency USD USD USD USD USD USD USD
cik 724 742 724 742 724 742 724 742 724 742 724 742 724 742
fillingDate 2024-03-29 2023-11-14 2023-08-14 2023-05-15 2023-03-31 2022-11-14 2022-09-07
acceptedDate 2024-03-29 15:48:51 2023-11-14 17:07:17 2023-08-14 16:36:04 2023-05-15 16:59:40 2023-03-31 16:45:55 2022-11-14 17:20:10 2022-09-07 16:15:28
calendarYear 2023.000 2023.000 2023.000 2023.000 2022.000 2022.000 2022.000
period Q4 Q3 Q2 Q1 Q4 Q3 Q2
cashAndCashEquivalents 8M 809 000 4M 3M 2M 2M 3M
shortTermInvestments 0 0 0 0 0 0 0
cashAndShortTermInvestments 8M 809 000 4M 3M 2M 2M 3M
netReceivables 663 000 383 000 382 000 444 000 425 000 201 000 171 000
inventory 0 8M 28M 0 0 0 0
otherCurrentAssets -9M 4M -16M 0 0 12M 15M
totalCurrentAssets 13M 14M 17M 21M 25M 14M 18M
propertyPlantEquipmentNet 519 000 655 000 753 000 850 000 945 000 1M 1M
goodwill 0 0 0 0 0 0 0
intangibleAssets 7M 7M 7M 8M 8M 8M 0
goodwillAndIntangibleAssets 7M 7M 7M 8M 8M 8M 8M
longTermInvestments 787 000 0 595 000 0 4M 4M 5M
taxAssets 58M 0 -595 000 0 0 0 0
otherNonCurrentAssets 188M 246M 257M 260M 269M 270M 284M
totalNonCurrentAssets 254M 254M 265M 268M 282M 284M 298M
otherAssets -1.000 0 0 0 0 0 0
totalAssets 268M 268M 282M 289M 307M 298M 316M
accountPayables 0 0 0 0 0 0 0
shortTermDebt 248M 52M 50M 46M 44M 43M 43M
taxPayables 0 0 0 0 0 0 0
deferredRevenue 0 0 0 0 0 0 0
otherCurrentLiabilities -248M 25M 25M 21M 19M 17M 23M
totalCurrentLiabilities 82M 77M 74M 68M 63M 60M 65M
longTermDebt -334 000 191M 196M 200M 216M 199M 206M
deferredRevenueNonCurrent 0 0 0 0 0 0 0
deferredTaxLiabilitiesNonCurrent 0 0 0 0 0 0 0
otherNonCurrentLiabilities 196M 254 000 668 000 661 000 727 000 156M 215 000
totalNonCurrentLiabilities 195M 192M 197M 200M 216M 199M 206M
otherLiabilities 0 0 0 0 0 0 0
capitalLeaseObligations 569 000 716 000 824 000 931 000 1M 1M 1M
totalLiabilities 278M 269M 271M 268M 280M 259M 271M
preferredStock 0 0 0 0 0 0 0
commonStock 450 000 449 000 448 000 439 000 435 000 434 000 434 000
retainedEarnings -96M -86M -74M -63M -57M -48M -42M
accumulatedOtherComprehensiveIncomeLoss -2M -3M -3M -4M -4M -987 000 -1M
othertotalStockholdersEquity 88M 88M 87M 87M 87M 87M 87M
totalStockholdersEquity -10M -1M 10M 21M 27M 39M 45M
totalEquity -10M -1M 10M 21M 27M 39M 45M
totalLiabilitiesAndStockholdersEquity 268M 268M 282M 289M 307M 298M 316M
minorityInterest 0 0 0 0 0 0 0
totalLiabilitiesAndTotalEquity 268M 268M 282M 289M 307M 298M 316M
totalInvestments 787 000 0 595 000 0 4M 4M 0
totalDebt 248M 243M 246M 246M 260M 242M 248M
netDebt 239M 242M 242M 244M 258M 240M 245M
link Link Link Link Link Link Link Link
finalLink Link Link Link Link Link Link Link

Cash Flow Statement

Property 2023 q4 2023 q3 2023 q2 2023 q1 2022 q4 2022 q3 2022 q2
date 2023-12-31 2023-09-30 2023-06-30 2023-03-31 2022-12-31 2022-09-30 2022-06-30
symbol TPHS TPHS TPHS TPHS TPHS TPHS TPHS
reportedCurrency USD USD USD USD USD USD USD
cik 724 742 724 742 724 742 724 742 724 742 724 742 724 742
fillingDate 2024-03-29 2023-11-14 2023-08-14 2023-05-15 2023-03-31 2022-11-14 2022-09-07
acceptedDate 2024-03-29 15:48:51 2023-11-14 17:07:17 2023-08-14 16:36:04 2023-05-15 16:59:40 2023-03-31 16:45:55 2022-11-14 17:20:10 2022-09-07 16:15:28
calendarYear 2023.000 2023.000 2023.000 2023.000 2022.000 2022.000 2022.000
period Q4 Q3 Q2 Q1 Q4 Q3 Q2
netIncome -10M -12M -11M -6M -9M -6M -3M
depreciationAndAmortization 616 000 2M 2M 2M 2M 2M 1M
deferredIncomeTax -889 000 -295 000 121 000 0 0 0 0
stockBasedCompensation 112 000 114 000 134 000 99 000 146 000 136 000 148 000
changeInWorkingCapital 814 000 5M 7M 12M -3M 11M 7M
accountsReceivables -207 000 22 000 90 000 1000.000 -178 000 0 0
inventory -1M 9M 2M 0 0 0 0
accountsPayables 662 000 -2M 3M 3M 2M 0 0
otherWorkingCapital 1M -3M 885 000 -3M -4M 0 0
otherNonCashItems 5M 2M -106 000 -3M 4M 202 000 -5M
netCashProvidedByOperatingActivities -4M -3M -2M 4M -5M 6M 989 000
investmentsInPropertyPlantAndEquipment 0 0 0 0 0 0 0
acquisitionsNet 0 0 0 7M 0 0 0
purchasesOfInvestments -8000.000 -120 000 -14 000 0 0 0 0
salesMaturitiesOfInvestments 0 0 0 0 0 0 0
otherInvestingActivites -8000.000 -120 000 0 -29 000 0 -25 000 16M
netCashUsedForInvestingActivites -8000.000 -120 000 -14 000 7M 0 -25 000 16M
debtRepayment -4M -5M -4M -16M -7M -15M -19M
commonStockIssued 0 0 0 0 0 0 0
commonStockRepurchased 0 0 0 0 0 0 0
dividendsPaid 0 0 0 0 0 0 0
otherFinancingActivites -38 000 2M 3M 2M 22M 4M 2M
netCashUsedProvidedByFinancingActivities 4M -3M -1M -15M 16M -11M -17M
effectOfForexChangesOnCash 0 -5M 14M 0 0 0 0
netChangeInCash -695 000 -6M -3M -3M 10M -5M 778 000
cashAtEndOfPeriod 8M 9M 15M 19M 22M 12M 16M
cashAtBeginningOfPeriod 9M 15M 19M 22M 12M 16M 16M
operatingCashFlow -4M -3M -2M 4M -5M 6M 989 000
capitalExpenditure 0 0 0 0 0 0 0
freeCashFlow -4M -3M -2M 4M -5M 6M 989 000
link Link Link Link Link Link Link Link
finalLink Link Link Link Link Link Link Link

Earning call transcript

Press-releases

Show financial reports only

2024-03-01 21:15 ET
Trinity Place Holdings Inc. Discloses Communication from NYSE American
2024-02-20 21:15 ET
Trinity Place Holdings Inc. Completes Recapitalization Transactions
2024-01-10 21:15 ET
Trinity Place Holdings Inc. Enters Into Recapitalization Transactions
2023-12-04 21:15 ET
Trinity Place Holdings Inc. Discloses Communication from NYSE American
2023-04-28 20:45 ET
Trinity Place Holdings Inc. Sets Annual Meeting of Stockholders and Provides Update on Annual Filings
2023-03-28 12:40 ET
Trinity Place Holdings Announces Update on Review of Strategic Alternatives
2023-03-01 20:20 ET
Trinity Place Holdings Secures LEED Silver Designation for Jolie on Greenwich
2022-09-09 12:30 ET
Trinity Place Learning Center Opens for Class
2022-08-29 21:45 ET
Trinity Place Holdings Inc. Receives Expected Notice from NYSE American Regarding Delayed Quarterly Report
2022-04-28 12:30 ET
Trinity Place Holdings Sells Joint Venture Interest in The Berkley in Williamsburg, Brooklyn
2021-10-25 12:30 ET
Trinity Place Holdings Refinances 77 Greenwich
2021-09-28 20:35 ET
Closings Commence at Jolie at 77 Greenwich Street
2021-06-28 20:48 ET
Trinity Place Holdings Inc. Provides Portfolio Update
2021-04-13 21:00 ET
Trinity Place Holdings Inc. Sets Annual Meeting of Stockholders and Provides 77 Greenwich Update
2021-03-11 13:40 ET
Lower Manhattan’s Soaring 77 Greenwich Street Achieves Significant Construction Milestone
2020-06-11 12:40 ET
Trinity Place Holdings Inc. Announces Loan Extension and Modification and 77 Greenwich Update
2020-05-27 20:20 ET
Trinity Place Holdings Inc. to Hold Virtual 2020 Annual Meeting of Stockholders
2020-04-08 12:30 ET
Trinity Place Holdings Closes Sale of Commercial Condominium to the New York City School Construction Authority
2019-12-20 13:00 ET
Trinity Place Holdings Inc. Announces $70 Million Strategic Investment
2019-12-03 21:10 ET
Trinity Place Holdings and TF Cornerstone to Acquire Luxury Brooklyn Apartment Building
2019-11-27 13:24 ET
Trinity Place Holdings Announces Sale of the Shoppes of Forest Hill in Palm Beach County, Florida

SEC forms

Show financial reports only

SEC form 10
2024-03-29 15:48 ET
Trinity Place reported for 2023 q4
SEC form 10
2024-03-29 00:00 ET
Trinity Place reported for 2023 q4
SEC form 10
2023-11-14 17:07 ET
Trinity Place reported for 2023 q3
SEC form 10
2023-11-14 00:00 ET
Trinity Place reported for 2023 q3
SEC form 10
2023-08-14 16:36 ET
Trinity Place reported for 2023 q2
SEC form 10
2023-08-14 00:00 ET
Trinity Place reported for 2023 q2
SEC form 6
2023-06-23 16:15 ET
Trinity Place published news for 2023 q1
SEC form 6
2023-06-15 16:31 ET
Trinity Place published news for 2023 q1
SEC form 10
2023-05-15 16:59 ET
Trinity Place reported for 2023 q1
SEC form 10
2023-05-15 00:00 ET
Trinity Place reported for 2023 q1
SEC form 6
2023-04-28 16:19 ET
Trinity Place published news for 2023 q1
SEC form 10
2023-03-31 16:45 ET
Trinity Place reported for 2022 q4
SEC form 10
2023-03-31 00:00 ET
Trinity Place reported for 2022 q4
SEC form 6
2022-11-30 17:29 ET
Trinity Place published news for 2022 q3
SEC form 10
2022-11-14 17:20 ET
Trinity Place reported for 2022 q3
SEC form 10
2022-11-14 00:00 ET
Trinity Place reported for 2022 q3
SEC form 6
2022-10-05 17:04 ET
Trinity Place published news for 2022 q3
SEC form 6
2022-10-05 16:46 ET
Trinity Place published news for 2022 q3
SEC form 6
2022-09-09 09:18 ET
Trinity Place published news for 2022 q2
SEC form 10
2022-09-07 16:15 ET
Trinity Place published news for 2022 q2
SEC form 10
2022-09-07 00:00 ET
Trinity Place published news for 2022 q2
SEC form 6
2022-08-29 17:30 ET
Trinity Place published news for 2022 q2
SEC form 6
2022-08-17 17:11 ET
Trinity Place published news for 2022 q2
SEC form 6
2022-08-16 17:16 ET
Trinity Place published news for 2022 q2
SEC form 6
2022-06-29 16:15 ET
Trinity Place published news for 2022 q1
SEC form 10
2022-05-16 17:06 ET
Trinity Place published news for 2022 q1
SEC form 10
2022-05-16 00:00 ET
Trinity Place published news for 2022 q1
SEC form 6
2022-04-29 16:51 ET
Trinity Place published news for 2022 q1
SEC form 6
2022-04-28 16:34 ET
Trinity Place published news for 2022 q1
SEC form 10
2022-03-31 17:21 ET
Trinity Place published news for 2021 q4
SEC form 10
2022-03-31 00:00 ET
Trinity Place published news for 2021 q4
SEC form 6
2021-12-08 16:15 ET
Trinity Place published news for 2021 q3
SEC form 10
2021-11-12 16:53 ET
Trinity Place published news for 2021 q3
SEC form 10
2021-11-12 00:00 ET
Trinity Place published news for 2021 q3
SEC form 6
2021-11-04 16:56 ET
Trinity Place published news for 2021 q3
SEC form 6
2021-10-25 09:11 ET
Trinity Place published news for 2021 q3
SEC form 6
2021-10-15 17:15 ET
Trinity Place published news for 2021 q3
SEC form 6
2021-09-28 17:49 ET
Trinity Place published news for 2021 q2
SEC form 6
2021-08-13 17:26 ET
Trinity Place published news for 2021 q2
SEC form 10
2021-08-11 16:16 ET
Trinity Place published news for 2021 q2
SEC form 10
2021-08-11 00:00 ET
Trinity Place published news for 2021 q2
SEC form 6
2021-07-02 16:15 ET
Trinity Place published news for 2021 q2
SEC form 6
2021-06-28 17:21 ET
Trinity Place published news for 2021 q1
SEC form 10
2021-05-12 16:31 ET
Trinity Place published news for 2021 q1
SEC form 10
2021-05-12 00:00 ET
Trinity Place published news for 2021 q1
SEC form 6
2021-04-30 17:04 ET
Trinity Place published news for 2021 q1
SEC form 10
2021-03-31 17:19 ET
Trinity Place published news for 2020 q4
SEC form 6
2021-03-11 08:45 ET
Trinity Place published news for 2020 q4
SEC form 6
2020-12-23 17:09 ET
Trinity Place published news for 2020 q3
SEC form 10
2020-11-06 17:17 ET
Trinity Place published news for 2020 q3