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Transcat, Inc. provides calibration and laboratory instrument services in the United States, Canada, and internationally. It operates through two segments: Service and Distribution. The Service segment offers calibration, repair, inspection, analytical qualification, preventative maintenance, consulting, and other related services. This segment also provides CalTrak, a proprietary document and asset management system that is used to manage the workflow of its calibration service centers and customers' assets; and Compliance, Control and Cost, an online customer portal that provides its customers with web-based asset management capability, as well as a safe and secure off-site archive of calibration and other service records. The Distribution segment sells and rents test, measurement, and control instruments for customers' test and measurement instrumentation needs, as well as value added services, such as calibration/certification of equipment purchase, equipment rental, used equipment for sale, and equipment kitting. This segment markets and sells its products through website, digital and print advertising, proactive outbound sales, and an inbound call center. The company provides services and products to highly regulated industries, principally life science, which includes companies in the pharmaceutical, biotechnology, medical device, and other FDA-regulated industries; and additional industries, including aerospace and defense industrial manufacturing, energy and utilities, and other industries that require accuracy in processes and confirmation of the capabilities of their equipment. Transcat, Inc. was incorporated in 1964 and is headquartered in Rochester, New York.
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A unique technical analysis driven score developed by Kalkine showing momentum in stock prices based on select technical indicators identified.
Transcat, Inc. provides calibration, repair and distribution of measurement instruments and related compliance services to regulated industries such as life sciences, healthcare and advanced manufacturing. Long-term growth drivers include recurring calibration contracts tied to regulatory requirements, expansion of its service footprint and targeted acquisitions. Investors may find the company attractive for recurring service revenue, entrenched customer relationships and niche technical capabilities that may support predictable cash flow.
The most important investment risks are sensitivity to industrial cyclicality and pricing pressure, dependence on a skilled technical workforce and execution risk from acquisitions.
Note: The summary and risk score provided above is created by AI and should not be construed as a recommendation of Kalkine.
| Breakdown | 2023-03-31 | 2022-03-31 | 2021-03-31 | 2020-03-31 | 2019-03-31 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2023-03-31 | 2022-03-31 | 2021-03-31 | 2020-03-31 | 2019-03-31 |
| Income before tax | 13.49M | 13.19M | 9.98M | 9.73M | 9.23M |
| Net income | 10.69M | 11.38M | 7.79M | 8.07M | 7.14M |
| Selling general administrative | 27.35M | 23.65M | 17.30M | 13.64M | 12.16M |
| Selling and marketing expenses | 24.76M | 20.65M | 17.74M | 17.98M | 16.96M |
| Gross profit | 68.36M | 58.44M | 46.12M | 42.48M | 39.34M |
| Reconciled depreciation | 10.96M | 9.57M | 7.58M | 6.66M | 6.36M |
| Ebit | 16.25M | 14.14M | 11.07M | 10.85M | 10.23M |
| Ebitda | 27.20M | 23.71M | 18.65M | 17.51M | 16.59M |
| Depreciation and amortization | 10.96M | 9.57M | 7.58M | 6.66M | 6.36M |
| Non operating income net other | -2.76M | -0.95M | -1.09M | -1.12M | -0.99M |
| Operating income | 16.25M | 14.14M | 11.07M | 10.85M | 10.23M |
| Other operating expenses | 214.32M | 190.82M | 162.26M | 162.25M | 150.67M |
| Interest expense | 2.76M | 0.95M | 1.09M | 1.12M | 0.99M |
| Tax provision | 2.80M | 1.81M | 2.19M | 1.66M | 2.09M |
| Net interest income | -2.76M | -0.95M | -1.09M | -1.12M | -0.99M |
| Income tax expense | 2.80M | 1.81M | 2.19M | 1.66M | 2.09M |
| Total revenue | 230.57M | 204.96M | 173.34M | 173.10M | 160.90M |
| Total operating expenses | 52.11M | 44.30M | 35.05M | 31.63M | 29.11M |
| Cost of revenue | 162.21M | 146.52M | 127.22M | 130.62M | 121.56M |
| Total other income expense net | -2.76M | -0.95M | -1.09M | -1.12M | -0.99M |
| Net income from continuing ops | 10.69M | 11.38M | 7.79M | 8.07M | 7.14M |
| Net income applicable to common shares | 10.69M | 11.38M | 7.79M | 8.07M | 7.14M |
| Breakdown | 2024-03-31 | 2023-03-31 | 2022-03-31 | 2021-03-31 | 2020-03-31 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2024-03-31 | 2023-03-31 | 2022-03-31 | 2021-03-31 | 2020-03-31 |
| Total assets | 287.55M | 195.75M | 177.76M | 132.12M | 128.12M |
| Intangible assets | - | 13.80M | 14.69M | 7.51M | 7.98M |
| Other current assets | 4.28M | 3.94M | 5.30M | 2.35M | 1.70M |
| Total liab | 62.38M | 96.12M | 91.59M | 57.04M | 61.03M |
| Total stockholder equity | 225.17M | 99.63M | 86.18M | 75.08M | 67.09M |
| Deferred long term liab | - | 6.54M | 6.72M | 3.20M | 3.02M |
| Other current liab | 16.74M | 10.20M | 11.38M | 10.42M | 6.91M |
| Common stock | 4.42M | 3.78M | 3.77M | 3.73M | 3.69M |
| Capital stock | - | 3.78M | 3.77M | 3.73M | 3.69M |
| Retained earnings | 80.07M | 69.16M | 58.74M | 52.51M | 46.48M |
| Other liab | - | - | 8.39M | 6.44M | 4.92M |
| Good will | 105.58M | 69.36M | 65.07M | 43.27M | 41.54M |
| Other assets | - | - | 0.83M | 0.81M | 0.32M |
| Cash | 19.65M | 1.53M | 1.40M | 0.56M | 0.50M |
| Total current liabilities | 33.50M | 28.32M | 27.71M | 25.14M | 20.92M |
| Current deferred revenue | 2.93M | - | - | 0.38M | 0.09M |
| Net debt | -0.62M | 60.55M | 56.25M | 26.96M | 36.68M |
| Short term debt | 2.34M | 2.25M | 2.16M | 2.07M | 1.98M |
| Short long term debt | - | 2.25M | 2.16M | 2.07M | 1.98M |
| Short long term debt total | 19.03M | 62.08M | 57.65M | 27.52M | 37.18M |
| Other stockholder equity | 141.62M | 27.89M | 23.90M | 19.29M | 17.93M |
| Property plant equipment | - | 29.06M | 37.47M | 22.20M | 20.83M |
| Total current assets | 105.16M | 67.60M | 59.70M | 48.93M | 48.46M |
| Net tangible assets | - | 99.63M | 6.41M | 24.29M | 17.57M |
| Short term investments | 15.53M | - | - | - | - |
| Net receivables | 48.28M | 45.20M | 40.30M | 34.38M | 32.08M |
| Long term debt | - | 46.87M | 46.29M | 17.49M | 28.36M |
| Inventory | 17.42M | 16.93M | 12.71M | 11.64M | 14.18M |
| Accounts payable | 11.49M | 15.87M | 14.17M | 12.28M | 11.95M |
| Accumulated other comprehensive income | -0.95M | -1.20M | -0.23M | -0.45M | -1.01M |
| Common stock total equity | - | 3.78M | 3.77M | 3.73M | 3.69M |
| Retained earnings total equity | - | 69.16M | 58.74M | 52.51M | 46.48M |
| Non currrent assets other | 21.04M | 1.05M | 0.83M | 0.81M | 0.72M |
| Non current assets total | 182.39M | 128.15M | 118.06M | 83.19M | 79.66M |
| Capital lease obligations | - | 12.96M | 9.19M | 7.96M | 6.83M |
| Long term debt total | - | 46.87M | 46.29M | 17.49M | 28.36M |
| Breakdown | 2024-03-31 | 2023-03-31 | 2022-03-31 | 2021-03-31 | 2020-03-31 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2024-03-31 | 2023-03-31 | 2022-03-31 | 2021-03-31 | 2020-03-31 |
| Investments | - | -18.51M | -39.85M | -10.15M | -20.24M |
| Change to liabilities | - | -0.56M | 1.90M | 5.60M | -2.56M |
| Total cashflows from investing activities | - | -18.51M | -39.85M | -10.15M | -20.24M |
| Net borrowings | - | 0.67M | 28.89M | -10.78M | 9.34M |
| Total cash from financing activities | 27.40M | 0.88M | 23.69M | -12.65M | 8.25M |
| Change to operating activities | - | - | -4.07M | 4.22M | -0.16M |
| Net income | 13.65M | 10.69M | 11.38M | 7.79M | 8.07M |
| Change in cash | 18.11M | 0.14M | 0.84M | 0.06M | -0.29M |
| Begin period cash flow | 1.53M | 1.40M | 0.56M | 0.50M | 0.79M |
| End period cash flow | 19.65M | 1.53M | 1.40M | 0.56M | 0.50M |
| Total cash from operating activities | 32.62M | 16.95M | 17.62M | 23.64M | 11.56M |
| Issuance of capital stock | - | 0.66M | 1.49M | 1.18M | 1.73M |
| Depreciation | 13.54M | 10.96M | 9.57M | 7.58M | 6.66M |
| Other cashflows from investing activities | - | -9.10M | -29.70M | -3.53M | -13.66M |
| Dividends paid | - | - | - | 1.98M | - |
| Change to inventory | 2.32M | -3.38M | -0.12M | 2.72M | 0.88M |
| Change to account receivables | -1.26M | 0.07M | -3.39M | -2.19M | -3.87M |
| Sale purchase of stock | -4.91M | -0.45M | -6.68M | -3.05M | -2.82M |
| Other cashflows from financing activities | -44.96M | 2.79M | 31.00M | 1.98M | 11.24M |
| Change to netincome | - | 3.28M | 3.01M | 2.46M | 2.29M |
| Capital expenditures | 13.28M | 9.41M | 10.15M | 6.62M | 6.57M |
| Change receivables | - | -5.23M | -3.39M | -1.80M | -3.30M |
| Cash flows other operating | - | 1.19M | -2.96M | -0.72M | -0.47M |
| Exchange rate changes | - | - | - | -0.77M | 0.14M |
| Cash and cash equivalents changes | - | -0.69M | 1.46M | 0.06M | -0.29M |
| Change in working capital | 2.05M | -8.04M | -6.34M | 5.81M | -5.46M |
| Stock based compensation | 4.51M | 3.38M | 2.33M | 1.51M | 0.88M |
| Other non cash items | 36.01M | 0.16M | 0.12M | 0.77M | 0.83M |
| Free cash flow | 19.34M | 7.54M | 7.47M | 17.02M | 5.00M |
Sector: Industrials Industry: Industrial Distribution
|
Stock Name
|
Change
(USD) |
Price
(USD) |
Trailing
PE (x) |
Forward
PE (x) |
Price Sales
TTM (x) |
Price to Book Value (x)
|
Enterprise Value
to Revenue (x) |
Enterprise Value
to EBITDA (x) |
|---|---|---|---|---|---|---|---|---|
| TRNS Transcat Inc |
1.13 1.13% |
101.51 | 82.06 | 45.66 | 3.89 | 4.46 | 3.83 | 33.00 |
| GWW WW Grainger Inc |
-11.00 0.76% |
1440.39 | 32.37 | 24.88 | 3.18 | 14.57 | 3.31 | 20.64 |
| FAST Fastenal Company |
0.09 0.17% |
52.99 | 42.23 | 36.36 | 6.48 | 13.95 | 6.51 | 29.08 |
| FERG Ferguson Plc |
-1.95 0.83% |
233.70 | 25.91 | 20.83 | 1.71 | 9.03 | 1.86 | 18.49 |
| WSO Watsco Inc |
-6.80 2.19% |
304.34 | 28.08 | 27.93 | 2.27 | 7.40 | 2.31 | 19.57 |
Transcat, Inc. provides calibration and laboratory instrument services in the United States, Canada, and internationally. It operates through two segments: Service and Distribution. The Service segment offers calibration, repair, inspection, analytical qualification, preventative maintenance, consulting, and other related services. This segment also provides CalTrak, a proprietary document and asset management system that is used to manage the workflow of its calibration service centers and customers' assets; and Compliance, Control and Cost, an online customer portal that provides its customers with web-based asset management capability, as well as a safe and secure off-site archive of calibration and other service records. The Distribution segment sells and rents test, measurement, and control instruments for customers' test and measurement instrumentation needs, as well as value added services, such as calibration/certification of equipment purchase, equipment rental, used equipment for sale, and equipment kitting. This segment markets and sells its products through website, digital and print advertising, proactive outbound sales, and an inbound call center. The company provides services and products to highly regulated industries, principally life science, which includes companies in the pharmaceutical, biotechnology, medical device, and other FDA-regulated industries; and additional industries, including aerospace and defense industrial manufacturing, energy and utilities, and other industries that require accuracy in processes and confirmation of the capabilities of their equipment. Transcat, Inc. was incorporated in 1964 and is headquartered in Rochester, New York.
| Name | Title | Year Born |
|---|---|---|
| Mr. Lee D. Rudow | Pres, CEO & Director | 1964 |
| Mr. Mark A. Doheny | Chief Operating Officer | 1972 |
| Mr. James M. Jenkins J.D. | Gen. Counsel, VP of Corp. Devel. & Corp. Sec. | 1964 |
| Mr. Thomas Barbato | Chief Financial Officer | 1969 |
| Mr. Scott D. Deverell | Corp. Controller & Principal Accounting Officer | 1966 |
| Mr. Michael W. West | VP of Distribution & Marketing | 1971 |
| Ms. Marcy Bosley | VP of Service Sales | 1979 |
| Ms. Theresa A. Conroy | VP of HR | 1964 |
| Mr. Lee D. Rudow | President, CEO & Director | 1964 |
| Mr. Thomas Barbato | CFO & Treasurer | 1969 |
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