TRNSTranscat, Inc.

$86.31+22% 1Y

Is the price fair?

Fair

Neither cheap nor expensive: nothing decisive, though at the top of its own P/E range.

1 to watch, 1 neutral, 1 without data
What the price assumes~+12% a yearderived · Jun 27, 2026

Priced for ~12% a year FCF growth. Roughly in line with its three-year revenue growth of 14% a year.

Vs its own P/E rangedearest in 39 quartersderived

Expensive vs its own history: P/E 239.8 vs a 41.9 median over 39 quarters (+472% vs median).

Where this answer is blind. The growth-implied estimate assumes a fixed discount rate; capital-heavy sectors look structurally rich on it.

What TRNS's price assumes

Transcat, Inc. trades at 240× earnings against 25.8× for the median Specialty Business Services name, more expensive than its own group.

240

Trailing P/E · Specialty Business Services median 25.8 · 9.29× the median: the market pays up for this one

Free cash flow yield
3.1%

Free cash flow yield · Specialty Business Services median 7.8%

Growth the price implies
+12%

Growth the price implies · The price pays for +12% free cash flow growth a year for a decade; the business has delivered +26% a year over the last three.

Details›
Industrials median P/E440 names
26.5
Specialty Business Services median P/E28 names
25.8
Free cash flow, trailing twelve months
$25M
Market capitalisation
$806M
3-year revenue growth
+14%
3-year free cash flow growth
+26%
TRNS has re-rated away from its own history, so multiplying the old multiple by today's earnings prices a full reversal, not the business
MethodPer share
What its own history would implynot meaningful, 240× today against a 41.9× median
52-week range$52.06 – $97.75
Today$86.31

Multiples from SEC filings and end-of-day closes; implied growth from a reverse discounted cash flow. Group medians across the names Ryufin tracks.