Trex Financials

TREX Stock  USD 70.34  1.46  2.12%   
Based on the key measurements obtained from Trex's financial statements, Trex Company is doing better financially today then in previous quarter. It has a moderate probability of reporting better financial numbers in December. At this time, Trex's Inventory is fairly stable compared to the past year. Property Plant And Equipment Gross is likely to rise to about 1.1 B in 2024, whereas Short and Long Term Debt Total is likely to drop slightly above 30.4 M in 2024. Key indicators impacting Trex's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Debt Equity Ratio0.00730.0077
Notably Down
Slightly volatile
Current Ratio1.71.8916
Moderately Down
Slightly volatile
The essential information of the day-to-day investment outlook for Trex includes many different criteria found on its balance sheet. An individual investor should monitor Trex's cash flow, debt, and profitability to accurately make informed decisions on whether to invest in Trex.

Net Income

215.65 Million

  
Understanding current and past Trex Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Trex's financial statements are interrelated, with each one affecting the others. For example, an increase in Trex's assets may result in an increase in income on the income statement.
Please note, the imprecision that can be found in Trex's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Trex Company. Check Trex's Beneish M Score to see the likelihood of Trex's management manipulating its earnings.

Trex Stock Summary

Trex competes with Quanex Building, Armstrong World, Gibraltar Industries, Apogee Enterprises, and Masco. Trex Company, Inc. manufactures and distributes decking, railing, and outdoor living products and accessories for residential and commercial markets in the United States. Trex Company, Inc. was founded in 1996 and is headquartered in Winchester, Virginia. Trex operates under Building Products Equipment classification in the United States and is traded on New York Stock Exchange. It employs 2074 people.
Specialization
Industrials, Building Products & Equipment
InstrumentUSA Stock View All
ExchangeNew York Stock Exchange
ISINUS89531P1057
CUSIP89531P105
LocationVirginia; U.S.A
Business Address2500 Trex Way,
SectorBuilding Products
IndustryIndustrials
BenchmarkDow Jones Industrial
Websitewww.trex.com
Phone540 542 6300
CurrencyUSD - US Dollar

Trex Key Financial Ratios

Trex Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets592.2M770.5M920.3M933.7M932.9M979.5M
Other Current Liab52.6M59.8M55.4M41.2M53.9M56.6M
Net Debt(114.6M)(93.1M)(112.8M)233.6M30.0M22.5M
Retained Earnings561.7M737.3M946.0M1.1B1.3B1.4B
Accounts Payable15.2M38.6M24.9M19.9M24.0M18.1M
Cash148.8M121.7M141.1M12.3M2.0M1.9M
Net Receivables78.5M123.5M160.6M98.1M50.7M47.0M
Good Will67.8M67.4M14.2M14.2M16.3M21.0M
Inventory56.1M68.2M83.8M141.4M107.1M112.4M
Other Current Assets350K8.6M15.6M35.1M12.5M11.4M
Total Liab143.1M182.0M195.3M415.4M216.2M144.0M
Total Current Assets303.2M322.0M401.1M286.8M172.3M140.5M
Short Term Debt7.1M32.0M26.2M229.5M13.2M12.5M
Intangible Assets5.6M5.2M4.8M4.4M3.9M5.8M
Common Stock702K1.4M1.4M1.4M1.4M1.5M
Other Assets3.6M38.3M5.3M7.4M8.5M5.0M
Other Liab30.2M47.0M78.3M100.8M115.9M121.7M
Net Tangible Assets375.1M514.9M706.0M499.8M574.7M603.5M
Capital Surpluse124.2M124.0M126.1M127.8M147.0M127.8M
Treasury Stock(198.9M)(237.2M)(276.3M)(350.2M)(315.2M)(299.4M)
Net Invested Capital449.2M588.5M725.0M740.3M722.2M597.1M

Trex Key Income Statement Accounts

An income statement is very similar to a cash flow statement, but instead of showing net revenue minus expenses, it only includes earnings before interest and taxes (EBIT). This number does not have all of the same line items that are on a cash flow statement, but it leaves out non-cash expenses like depreciation and amortization. For example, if you bought $100 worth of goods from Walmart (WMT) using your debit card that has an interest rate of 20%, then paid off the balance at the end of the month with a credit card that charges 30% interest, you would have an income statement showing EBIT of $80 because your expenses are lower than the amount that went into your pocket.
201920202021202220232024 (projected)
Interest Expense1.5M999K91.0M30.7M5K4.8K
Total Revenue745.3M880.8M1.2B1.1B1.1B1.1B
Gross Profit306.5M359.5M460.5M404.0M452.4M475.0M
Operating Income188.2M233.6M275.4M246.7M276.2M290.0M
Ebit188.2M233.6M320.9M262.2M276.2M290.0M
Ebitda202.2M251.6M356.8M306.5M326.4M342.7M
Cost Of Revenue438.8M521.4M736.4M702.1M642.4M674.6M
Income Before Tax189.7M234.6M275.4M246.8M276.2M290.0M
Net Income144.7M175.6M208.7M184.6M205.4M215.7M
Income Tax Expense45.0M59.0M66.7M62.2M70.8M74.4M
Research Development4.5M3.4M6M500K3.3M3.3M
Tax Provision45.0M59.0M66.7M62.2M66.6M55.3M
Interest Income1.5M999K15K103K92.7K88.1K
Net Interest Income1.5M999K15K103K(2.6M)(2.4M)

Trex Key Cash Accounts

Cash flow analysis captures how much money flows into and out of Trex Company. It measures of how well Trex is doing because it can show the actual money that comes into and out of the Company from sales instead of measuring expenses against revenue to determine earnings. You have to read the cash flow statement in three sections. The first section shows how much money Trex brought in, usually known as net revenue or sales. This is different from earnings because it does not include expenses when determining net revenue for use on this part of the cash flow statement. Next, are operating activities, which show how much money Trex had leftover after paying for its expenses. This number can be calculated in two ways: by subtracting the total of all operating expenses from net revenue or by adding up changes to cash and other assets or liabilities on this part of the statement. The third section is about investing activities, which shows what Trex has done with the money that it received from the sale of assets or what it spent to acquire new ones. This section can be broken down into two parts: investing in existing businesses (in other words, buying more stock) and investing in non-business activities like paying off debt or making acquisitions.
201920202021202220232024 (projected)
Change In Cash43.1M(27.1M)19.4M(128.7M)(10.4M)(9.8M)
Free Cash Flow89.1M14.5M98.7M40.0M223.3M234.5M
Depreciation14.0M17.9M35.9M44.3M50.2M52.7M
Other Non Cash Items67K(5K)54.2M15.3M3.1M3.3M
Capital Expenditures67.3M172.8M159.4M176.2M166.1M174.4M
Net Income144.7M175.6M208.7M184.6M205.4M215.7M
End Period Cash Flow148.8M121.7M141.1M12.3M2.0M1.9M
Change To Inventory1.7M(12.1M)(15.5M)(64.5M)34.3M36.0M
Change To Netincome14.7M20.3M83.7M44.9M51.6M54.2M
Investments(67.2M)(170.7M)(158.0M)(168.9M)(173.7M)(165.0M)
Change Receivables(24.3M)12.7M(28.3M)(44.3M)(39.9M)(37.9M)

Trex Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Trex's current stock value. Our valuation model uses many indicators to compare Trex value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Trex competition to find correlations between indicators driving Trex's intrinsic value. More Info.
Trex Company is rated below average in return on equity category among its peers. It is rated second in return on asset category among its peers reporting about  0.58  of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Trex Company is roughly  1.72 . At this time, Trex's Return On Equity is fairly stable compared to the past year. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Trex's earnings, one of the primary drivers of an investment's value.

Trex Company Systematic Risk

Trex's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Trex volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was thirty-six with a total number of output elements of twenty-five. The Beta measures systematic risk based on how returns on Trex Company correlated with the market. If Beta is less than 0 Trex generally moves in the opposite direction as compared to the market. If Trex Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Trex Company is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Trex is generally in the same direction as the market. If Beta > 1 Trex moves generally in the same direction as, but more than the movement of the benchmark.
Today, most investors in Trex Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Trex's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Trex growth as a starting point in their analysis.

Price Earnings To Growth Ratio

3.16

At this time, Trex's Price Earnings To Growth Ratio is fairly stable compared to the past year.

Trex November 22, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Trex help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Trex Company. We use our internally-developed statistical techniques to arrive at the intrinsic value of Trex Company based on widely used predictive technical indicators. In general, we focus on analyzing Trex Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Trex's daily price indicators and compare them against related drivers.

Additional Tools for Trex Stock Analysis

When running Trex's price analysis, check to measure Trex's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Trex is operating at the current time. Most of Trex's value examination focuses on studying past and present price action to predict the probability of Trex's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Trex's price. Additionally, you may evaluate how the addition of Trex to your portfolios can decrease your overall portfolio volatility.