TRXP—56

Trex SA

Department StoresVerified

Score breakdown

Profitability+24Sentiment+30Risk penalty-3Missing signals-3

Quality breakdown

Key fields100Profile38Conclusion95AI synthesis40Observations3

Trex SA maintains a relatively low debt-to-equity ratio of 0.07, indicating a conservative capital structure with limited leverage [doc:HA-latest]. However, the company's current ratio of 0.92 suggests that its current liabilities exceed its current assets, signaling potential liquidity constraints [doc:HA-latest]. The company's free cash flow is negative at -2,178,540 PLN, which is a concern given its capital expenditure of -2,983,000 PLN, indicating significant reinvestment in operations [doc:HA-latest]. In terms of profitability, Trex SA reports a return on equity of 23.26% and a return on assets of 12.05%, both of which are strong relative to the industry median for Department Stores [doc:HA-latest]. The company's operating income of 794,680 PLN and net income of 684,740 PLN reflect a healthy margin, although the gross profit of 7,730,220 PLN suggests that cost management remains a key area of focus [doc:HA-latest]. Trex SA operates under two business models: mergers and acquisitions or capital group formation. The company's revenue is derived from a mix of retail sales, real estate management, and wholesale operations, but the input data does not provide a breakdown of revenue by segment or geography [doc:HA-latest]. The company's revenue for the latest period is 23,050,720 PLN, but the outlook for the current and next fiscal years is not provided in the input data. The negative free cash flow and significant capital expenditure suggest that the company is investing heavily in its operations, which could support future growth [doc:HA-latest]. The risk assessment indicates a medium liquidity risk and a low dilution risk. The company's net cash is negative after subtracting total debt, which could impact its ability to meet short-term obligations [doc:HA-latest]. The dilution risk is low, and there is no indication of near-term pressure from dilution sources [doc:HA-latest]. There are no recent events or filings provided in the input data that would indicate significant changes in the company's operations or financial position [doc:HA-latest].

Profile

CompanyTrex SA

TickerTRXP.WA

SectorConsumer Cyclicals

BusinessRetailers

Industry groupRetailers

IndustryDepartment Stores

AI analysis

Business. Trex SA operates in the retail sector, primarily through mail order and internet sales, and also engages in real estate management and the wholesale and retail of household goods and machinery [doc:HA-latest].

Classification. Trex SA is classified under the Consumer Cyclicals economic sector, Retailers business sector, and Department Stores industry, with a confidence level of 0.92 [doc:verified market data].

Key takeaways

Trex SA has a strong return on equity and return on assets, indicating efficient use of capital.
The company's current ratio is below 1, suggesting potential liquidity constraints.
Free cash flow is negative, and capital expenditure is significant, indicating reinvestment in operations.
The company's debt-to-equity ratio is low, suggesting a conservative capital structure.
There is no indication of high dilution risk, and the liquidity risk is assessed as medium.
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Financial snapshot

PeriodHA-latest

CurrencyPLN

Revenue$23.1M

Gross profit$7.7M

Operating income$794.7k

Net income$684.7k

R&D—

SG&A—

D&A—

SBC—

Operating cash flow$2.5M

CapEx-$3.0M

Free cash flow-$2.2M

Total assets$5.7M

Total liabilities$2.7M

Total equity$2.9M

Cash & equivalents—

Long-term debt$213.7k

Annual history (last 5)

PeriodRevenueOp IncomeNet IncomeFCF

FY0$23.1M$794.7k$684.7k-$2.2M

FY-1$0.00-$322.5k-$289.3k-$429.3k

FY-2$1.6k-$166.6k-$89.5k-$89.5k

FY-3$918.4k-$8.0M-$8.3M-$8.7M

FY-4$16.1M$594.1k$873.5k$937.7k

PeriodGross %Op %Net %FCF %

FY0————

FY-1————

FY-2————

FY-3————

FY-4————

PeriodAssetsEquityCashDebt

FY0$5.7M$2.9M——

FY-1$2.3M$2.3M——

FY-2$2.8M$2.7M——

FY-3$2.8M$2.8M$711.2k—

FY-4$17.7M$11.4M$3.7M—

PeriodOCFCapExFCFSBC

FY0$2.5M-$3.0M-$2.2M—

FY-1-$331.2k-$140.0k-$429.3k—

FY-2-$179.9k—-$89.5k—

FY-3-$587.0k—-$8.7M—

FY-4$1.8M—$937.7k—

Quarterly history (last 4)

PeriodRevenueOp IncomeNet IncomeFCF

FQ0$11.4M$367.4k$313.4k$480.1k

FQ-1$9.5M$179.2k$170.4k$337.1k

FQ-2$11.3M$634.6k$485.4k$662.5k

FQ-3$9.3M$302.5k$232.8k$272.1k

FQ-4$5.5M$205.2k$156.3k$184.3k

FQ-5$5.4M$179.6k$160.3k$188.3k

FQ-6$2.9M$107.4k$135.3k$159.8k

FQ-7$0.00-$156.3k-$155.0k-$155.0k

PeriodGross %Op %Net %FCF %

FQ0————

FQ-1————

FQ-2————

FQ-3————

FQ-4————

FQ-5————

FQ-6————

FQ-7————

PeriodAssetsEquityCashDebt

FQ0$6.5M$3.9M——

FQ-1$4.9M$3.6M——

FQ-2$5.4M$3.4M——

FQ-3$5.7M$2.9M——

FQ-4$5.9M$2.7M——

FQ-5$3.9M$2.6M——

FQ-6$3.0M$2.5M——

FQ-7$2.3M$2.3M——

PeriodOCFCapExFCFSBC

FQ0$1.0M—$480.1k—

FQ-1-$300.3k—$337.1k—

FQ-2$210.9k—$662.5k—

FQ-3$2.5M-$3.0M$272.1k—

FQ-4$3.3M—$184.3k—

FQ-5$1.2M—$188.3k—

FQ-6$664.6k—$159.8k—

FQ-7-$331.2k-$140.0k-$155.0k—

Valuation

Market price—

Market cap—

Enterprise value—

P/E—

Reported non-GAAP P/E—

EV/Revenue—

EV/Op income—

EV/OCF—

P/B—

P/Tangible book—

Tangible book$2.9M

Net cash-$213.7k

Current ratio0.9

Debt/Equity0.1

ROA12.0%

ROE23.3%

Cash conversion3.6%

CapEx/Revenue-12.9%

SBC/Revenue—

Asset intensity—

Dilution ratio0.0%

Risk assessment

Dilution riskLow

Liquidity riskMedium

Net cash is negative after subtracting total debt.

Industry benchmarks

Activity: Department Stores · cohort 2 companies

MetricTRXPActivity

Op margin3.4%4.7% medp25 4.7% · p75 4.7%bottom quartile

Net margin3.0%5.9% medp25 4.4% · p75 7.3%bottom quartile

Gross margin33.5%39.5% medp25 39.5% · p75 39.5%bottom quartile

CapEx / revenue-12.9%1.6% medp25 1.5% · p75 1.6%bottom quartile

Debt / equity7.0%50.0% medp25 50.0% · p75 50.0%bottom quartile

Source data

Underlying data the analysis-pipeline pulls and audits. Fetch timestamps + content hashes show when each source was last refreshed.

Company fundamentalsperiod FQ-7 · history via verified-market-data

no public URL

2026-05-04 00:20 UTC#03c21787

Source: analysis-pipeline (hybrid)Generated: 2026-05-04 00:21 UTCJob: 74104fa9