Transcat Inc chart

Last update: 2022-12-30
Key statistics and financials
Revenue per share 28.93
Dividend & YieldN/A$ (N/A)
Beta 0.77
Market capitalization 592.34M
Operating cash flow 15.35M
ESG Scores unknown

Company description

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 software that is used to integrate and 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.

Sector: Industrials - Industry: Industrial Distribution

Financial Ratios
Quick Ratio1.48
Working Capital0.33
Return On Equity0.1
Debt To Equity0.23
Fixed Asset Ratio0.07
Fixed Interest Cover13.14

Financial data

Financial Statements

Cashflow Statement 2019-03-30 2020-03-28 2021-03-27 2022-03-26
Change To Liabilities 963k -2.77M 329k 1.9M
Total Cashflows From Investing Activities -10.9M -20.24M -10.15M -39.85M
Net Borrowings -1.85M 9.34M -10.78M 28.89M
Total Cash From Financing Activities -1.71M 8.25M -12.65M 23.69M
Change To Operating Activities -843k -160k 4.22M -4.07M
Issuance Of Stock 285k 1.73M 1.18M 1.49M
Net Income 7.14M 8.07M 7.79M 11.38M
Change In Cash 211k -289k 61k 836k
Effect Of Exchange Rate 262k 145k -772k -625k
Total Cash From Operating Activities 12.56M 11.56M 23.64M 17.62M
Depreciation 6.36M 6.66M 7.58M 9.57M
Change To Account Receivables -2.38M -3.3M -1.8M -3.39M
Other Cashflows From Financing Activities
Change To Netincome 2.37M 2.29M 2.46M 3.01M
Capital Expenditures -7M -6.58M -6.62M -10.15M

Income Statement 2019-03-30 2020-03-28 2021-03-27 2022-03-26
Research Development
Income Before Tax 9.23M 9.73M 9.98M 13.19M
Net Income 7.14M 8.07M 7.79M 11.38M
Selling General Administrative 29.11M 31.63M 35.05M 43.39M
Gross Profit 39.34M 42.48M 46.12M 58.44M
Ebit 10.23M 10.85M 11.07M 15.04M
Operating Income 10.23M 10.85M 11.07M 15.04M
Interest Expense -903k -934k -850k -810k
Income Tax Expense 2.09M 1.66M 2.19M 1.81M
Total Revenue 160.9M 173.1M 173.34M 204.96M
Cost Of Revenue 121.56M 130.62M 127.22M 146.52M
Total Other Income ExpenseNet -994k -1.12M -1.09M -1.85M
Net Income From Continuing Ops 7.14M 8.07M 7.79M 11.38M
Net Income Applicable To Common Shares 7.14M 8.07M 7.79M 11.38M

Balance Sheet Statement 2019-03-30 2020-03-28 2021-03-27 2022-03-26
Total Liabilities 45.6M 61.03M 57.04M 91.59M
Total Stockholder Equity 59.63M 67.09M 75.08M 86.18M
Other Current Liabilities 228k 86k 382k
Total Assets 105.23M 128.12M 132.12M 177.76M
Common Stock 3.6M 3.69M 3.73M 3.77M
Other Current Assets 100k 100k 100k 100k
Retained Earnings 40.17M 46.48M 52.51M 58.74M
Treasury Stock -611k -1.01M -451k -233k
Cash 788k 499k 560k 1.4M
Total Current Liabilities 22.15M 20.92M 25.14M 27.71M
Other Stockholder Equity -611k -1.01M -451k -233k
Property, Plant, and Equipment 19.65M 29.43M 31.59M 37.47M
Total Current Assets 45.01M 48.46M 48.93M 59.7M
Net Tangible Assets 19.85M 17.57M 24.29M 6.41M
Net Receivables 28.59M 32.08M 34.38M 40.3M
Accounts Payable 14.57M 11.95M 12.28M 14.17M


Insider Transactions

Here are the insider transactions of stock shares related to Transcat Inc:

Filer Name Transaction Text Ownership Date Filer Relation Shares
HARRISON RICHARD JSale at price 71.97 per share.D2022-11-03Director2.51k
HARRISON RICHARD JD2022-09-08Director756
HADEED CHARLES PD2022-09-08Director756
MOORE PAUL DD2022-09-08Director756
HASELEY GARY JD2022-09-08Director756
DOMINACH OKSANA SD2022-09-08Director756
CAIRNS CRAIG D.D2022-09-08Director756
KANIKI MBAGO M.D2022-09-08Director756
HARRISON RICHARD JStock Gift at price 0.00 per share.D2022-08-09Director1.2k
HARRISON RICHARD JStock Gift at price 0.00 per share.D2022-06-08Director1.2k
SASSANO CARL ESale at price 63.14 per share.D2022-05-26Director20k
DEVERELL SCOTT DStock Award(Grant) at price 0.00 per share.D2022-05-25Officer582
RUDOW LEE DStock Award(Grant) at price 0.00 per share.D2022-05-25Chief Executive Officer7.68k
DEVERELL SCOTT DD2022-03-25Officer710
WEST MICHAEL WD2022-03-25Officer2.34k
RUDOW LEE DSale at price 74.21 per share.D2022-03-25Chief Executive Officer5.21k
RUDOW LEE DD2022-03-25Chief Executive Officer9.36k
JENKINS JAMES MPurchase at price 77.34 per share.I2022-02-15General Counsel1k
HASELEY GARY JPurchase at price 76.62 per share.D2022-02-15Director1.3k
CAIRNS CRAIG D.Purchase at price 77.52 per share.D2022-02-15Director660
HARRISON RICHARD JStock Gift at price 0.00 per share.D2021-11-11Director800
HARRISON RICHARD JSale at price 90.38 per share.D2021-11-10Director1.5k
DEVERELL SCOTT DSale at price 84.82 - 95.76 per share.D2021-11-08Controller1.5k
RUDOW LEE DSale at price 87.29 per share.D2021-11-05Chief Executive Officer35k
SASSANO CARL ED2021-09-09Director1.75k
HARRISON RICHARD JD2021-09-09Director1.75k
HADEED CHARLES PD2021-09-09Director1.75k
MOORE PAUL DD2021-09-09Director1.75k
PANZARELLA ANGELA JD2021-09-09Director1.75k
HASELEY GARY JD2021-09-09Chairman of the Board1.75k
DOMINACH OKSANA SD2021-09-09Director1.75k
HADEED CHARLES PSale at price 68.00 per share.D2021-08-13Director10k
HASELEY GARY JPurchase at price 67.85 per share.D2021-08-13Chairman of the Board1k
WEST MICHAEL WSale at price 65.27 per share.D2021-08-03Officer25k
WEST MICHAEL WConversion of Exercise of derivative security at price 12.00 per share.D2021-08-03Officer25k
HARRISON RICHARD JStock Gift at price 0.00 per share.D2021-07-30Director1k
CAIRNS CRAIG D.Purchase at price 57.85 per share.D2021-05-21Director1.75k
DEVERELL SCOTT DStock Award(Grant) at price 0.00 per share.D2021-05-19Officer661
WEST MICHAEL WStock Award(Grant) at price 0.00 per share.D2021-05-19Officer2.19k
RUDOW LEE DSale at price 55.99 per share.D2021-05-19Chief Executive Officer50k
RUDOW LEE DConversion of Exercise of derivative security at price 12.00 per share.D2021-05-19Chief Executive Officer50k
RUDOW LEE DStock Award(Grant) at price 0.00 per share.D2021-05-19Chief Executive Officer8.74k
RUDOW LEE DSale at price 47.47 per share.D2021-05-19Chief Executive Officer4.37k
WEST MICHAEL WD2021-04-01Officer350
DEVERELL SCOTT DD2021-03-26Officer1.03k
WEST MICHAEL WD2021-03-26Officer3.42k
RUDOW LEE DSale at price 53.17 per share.D2021-03-26Chief Executive Officer6.83k
RUDOW LEE DD2021-03-26Chief Executive Officer13.66k
JENKINS JAMES MConversion of Exercise of derivative security at price 28.54 per share.D2021-03-26General Counsel15k
HASELEY GARY JPurchase at price 45.32 per share.D2021-03-05Chairman of the Board3k
HARRISON RICHARD JStock Gift at price 0.00 per share.D2021-02-24Director1k

Insider transaction explanations

Insider buying is the legal purchase of shares by a senior executive or director of a company. "Filer Name" corresponds to the name of the stock buyer or seller. "Transaction Text" describes the transaction. "Ownership" gives information about the transaction type. "Date" is the reported transaction date. "Filer Relation" gives the role of the insider in the company. "Shares" is the value of the transaction. You will find the complete description of the General Transaction Codes on the SEC dedicated page


Investment strategy backtesting

These are the result of three automatic investment systems applied to Transcat Inc. You will find the performance of an systematic investment system, a momentum strategy, and a buy the dip trading strategy.


Systematic investment results on Transcat Inc

Here is the result of two systematic investment strategies applied to Transcat Inc. The first strategy automatically buys the first day of the month, and the second strategy buys the fifteenth day of the month.

Systematic investment equity curve on Transcat Inc

The following chart shows the equity curve of the two systematic investment strategies applied to Transcat Inc:

Transcat Inc automated entries

The systematic investment strategy that buys the first day of the month would give a performance of 147.01% on the backtest period.

Performance at glance

Performance

147.01 %

Latent gain

3339.71 $

Invested capital

2271.79 $

Annualized return

35.51 %
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Momentum strategy results on Transcat Inc

This is the result of two momentum investment strategies applied to Transcat Inc. The first strategy uses a momentum signal calculated on one quarter, and the second uses a momentum signal calculated on two quarters.

Momentum entry openings on Transcat Inc

The following chart shows all the entries opened by the momentum investment system on Transcat Inc:

Transcat Inc momentum entries
  • The first momentum investment strategy would give 200.22% of return on Transcat Inc. That represents 6968.56$ of latent gain with 3480.44$ of employed capital.
  • The second momentum investment strategy would give 192.85% of return on Transcat Inc. That represents 2888.29$ of latent gain with 1497.71$ of employed capital.
Performance at glance (1Q Momentum)

Performance

200.22 %

Latent gain

6968.56 $

Invested capital

3480.44 $

Annualized return

24.4 %
Performance at glance (2Q Momentum)

Performance

192.85 %

Latent gain

2888.29 $

Invested capital

1497.71 $

Annualized return

52.69 %

Momentum equity curve on Transcat Inc

The following chart shows the equity curve of the two momentum strategies applied to Transcat Inc:

Transcat Inc momentum equity

Note: the dividends potentially given by Transcat Inc are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on Transcat Inc

The following chart shows the employed capital evolution of the two momentum strategies on Transcat Inc since the beginning:

Transcat Inc

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Buy the dip strategy result on Transcat Inc

Buy the dip entry openings on Transcat Inc

Transcat Inc

The performance achieved by the robo-advisor on Transcat Inc is 52.21%. That represents 265.48$ of latent gain with 508.52$ of employed capital. The following chart shows Transcat Inc stock price with all the entries opened by the automated investment system.

Note: The blue line represents the weekly stock price of Transcat Inc, and the green triangles represent the entry openings. The artificall robo-advisor needs at least 100 weeks of trading history to work.

Performance at glance

Performance

52.21 %

Latent gain

265.48 $

Invested capital

508.52 $

Annualized return

24.4 %

Equity curve of the strategy applied to Transcat Inc

The following chart shows the result of the investment strategy applied to Transcat Inc:

Transcat Inc

Note: the dividends potentially given by Transcat Inc are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on Transcat Inc

The following chart shows the employed capital evolution since the beginning of the investment strategy on Transcat Inc:

Transcat Inc

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Investment strategies comparison on Transcat Inc

In this section, I will compare the three previous investment strategies applied to Transcat Inc.

Equity curve comparison on Transcat Inc

The following chart shows the equity curve of the artificall advisor, the trend folowing and the automatic investment strategies:

Transcat Inc investment strategy comparison

Employed capital comparison on Transcat Inc

Transcat Inc investment comparison

Performance comparison on Transcat Inc

Strategy Latent Profit Growth Employed capital CAGR
Automatic investment 147.01% 3339.71$ 2271.79$ 35.51%
Momentum 1 quarter 200.22% 6968.56$ 3480.44$ 51.34%
Momentum 2 quarters 192.85% 2888.29$ 1497.71$ 52.69%
Non-directional 52.21% 265.48$ 508.52$ 24.4%
Annualized return comparison

Automatic investment

35.51 %

Momentum 1Q

52.69 %

Momentum 2Q

52.69 %

Non-directional

24.4 %

Correlated stocks

Here are the most positively and negatively correlated stocks with Transcat Inc:

Positive correlations

Most correlated stocks this year

  • Transcat Inc

  • Most correlated stocks last 3 months

  • Transcat Inc

  • Negative correlation

    Most negatively correlated stocks this year


    Most negatively correlated stocks last 3 months

  • WAH WO HOLDINGS

  • Note: The algorithm computes the probability of correlation between Transcat Inc and the other stocks. There may be false positives or some missing correlated stocks. If the price of Transcat Inc does not vary for 36 weeks, the correlation calculation result will be wrong.


    Company information

    Company name Transcat Inc
    Country United States
    City Rochester
    Address 35 Vantage Point Drive
    Phone 585 352 7777
    Website www.transcat.com
    FullTime employees 812
    Industry Industrial Distribution
    Sector Industrials
    Exchange XNAS
    Ticker TRNS
    Market www.nasdaq.com

    Transcat Inc ESG Scores

    Environment scores

    Environment ESG Factors Scores
    Environment Score 0
    Peer Environment Performance unknown
    Environment Percentile unknown
    Palm Oil unknown
    Nuclear unknown
    Fur Leather unknown
    GMO unknown
    Coal unknown
    Pesticides unknown
    Animal Testing unknown

    Social scores

    Social ESG Factors Scores
    Social Score 0
    Peer Social Performance unknown
    Social Percentile unknown
    Highest Controversy unknown
    Peer Highest Controversy Performance unknown
    Adult unknown
    Gambling unknown
    Alcoholic unknown
    Tobacco unknown
    Catholic unknown
    Controversial Weapons unknown
    Small Arms unknown
    Military Contract unknown
    Peer Count unknown

    Related Controversy:


    Governance scores

    Governance ESG Factors Scores
    Governance Score 0
    Peer Governance Performance unknown
    Governance Percentile unknown

    ESG at glance
    Total ESG Scores: unknown
    Environment Score: 0
    Social Score: 0
    Governance Score: 0

    ESG Performance: unknown

    Peer Group: unknown

    Peer Esg Score Performance: unknown

    Rating Year: unknown

    Rating Month: unknown

    Max Age: unknown

    Percentile: unknown