Credit and interest ratesnegative · 4 filings
“As of March 28, 2026, $ 150.0 million was available for borrowing, subject to covenant restrictions, under the Credit Facility, of which $ 99.9 million was outstanding.”10-K · May 27, 2026 ↗
Transcat, Inc.
TRNS
Market read
Transcat, Inc.'s current read is isolated; its market group is not confirming.
No new filing conclusion is available. 0 of 11 group members are active now; 0 filing-linked outsiders are moving with the group, and 0 of 2 directly disclosed connections are confirming.
Company+2.7% todayVolume comparison unavailable
Market group0 of 11 activeAI and Digital Services · unavailable
Disclosed network0 of 2 confirmingNo filing-linked name is confirming now
What would change this read
Watch this read- TRNS's market-adjusted activity becomes unusual and at least one connected name confirms.
Invalidation: The isolated read changes if TRNS's group or a disclosed connection begins moving with it.
Research brief
The story so far
No new filing conclusion is available. 0 of 11 group members are active now; 0 filing-linked outsiders are moving with the group, and 0 of 2 directly disclosed connections are confirming.
Evidence that supports
No thresholded supportive filing evidence is available yet.
Evidence that challenges
No thresholded adverse filing evidence is available yet.
What would clarify the read
- TRNS's market-adjusted activity becomes unusual and at least one connected name confirms.
Company research
Understand the business, not just the ticker
Business model and earnings drivers
Use the company’s filings to identify the few operating, demand, cost, capital and regulatory variables that determine its earnings power.
Key research questions
- Which operating variable is changing?
- Is that change durable, cyclical or one-off?
- What evidence would disprove the current interpretation?
Annual periods9
Price observations320
Usable filing statements75
Verified relationships2
Evidence supporting the case
- Latest annual revenue changed +19.2% year over year.
- Operating cash flow covered net income at 6.48x in the latest annual period.
Evidence challenging the case
- Operating margin changed -2.4 percentage points in the latest annual period.
- Net margin changed -3.6 percentage points in the latest annual period.
- Credit and interest rates has repeated adverse evidence across 4 filings.
Questions before a position
- P/E is 231% above the available filing-peer median; determine whether growth and quality justify the difference.
- EV/sales is 44% below the available filing-peer median; determine whether growth and quality justify the difference.
Longer-term price context
Price as of Sep 11, 2026
84.346m+4.5%12m-0.2%24m—
Annual trajectory
Reported annual revenue and per-share history. This is accounting history, not a forecast.
PeriodRevenueYoYDiluted EPSShare change
2022-03-26$205.0M+18.2%$1.50+0.5%
2023-03-25$230.6M+12.5%$1.40+0.7%
2024-03-30$259.5M+12.5%$1.63+9.2%
2025-03-29$278.4M+7.3%$1.57+10.8%
2026-03-28$331.9M+19.2%$0.57+1.4%
What management says matters
Persistent and emerging business drivers
Demand and volumepositive · 1 filings
“Organic revenue increased 7.3% over the prior year period primarily due to successful integration of historical acquisitions and consistent demand in highly regulated end markets.”10-Q · Feb 3, 2026 ↗
Input and raw-material costsmixed · 1 filings
“Any such interruptions to our management information systems could disrupt our business and could result in decreased revenues, increased overhead costs, increased labor costs to mitigate system interruption downtime, excess inventory or product shortages, ca…”10-K · May 27, 2026 ↗
Labor availability and costsmixed · 1 filings
“Any such interruptions to our management information systems could disrupt our business and could result in decreased revenues, increased overhead costs, increased labor costs to mitigate system interruption downtime, excess inventory or product shortages, ca…”10-K · May 27, 2026 ↗
Valuation discipline
Descriptive valuation snapshot
Price/sales 2.4× · EV/sales 2.7×. Comparisons use only industry-matched filing peers.
Scenario scaffold
Mechanical 2.0-year scenarios are available as editable assumptions, not consensus.
Price action
How the market is pricing the story
84.34+2.7% today
Jodie does not have enough daily observations to draw a useful short-term chart for this asset. The latest quoted price was checked 11 Sept, 15:50 GMT-4; this is a coverage limitation, not a flat-price conclusion.
Developments
No sourced recent-development timeline yet
Jodie has not returned a relevant primary source or news item for TRNS. This is an evidence-coverage gap, not a conclusion that nothing material happened.
Business and financial condition
Reported financial figures are not available yet
Jodie has not returned structured SEC XBRL fundamentals for this asset. This is a coverage limitation, not an assessment of the business or its financial health.
Filing analysis
No comparable filing assessment is available yet
Jodie has not yet found a suitable current-versus-prior filing comparison for TRNS. This does not mean the latest filing was neutral or immaterial.
Business ecosystem
The relationships behind TRNS
Customers, suppliers, partners and competitors named in company filings—not inferred from headlines.
Depends on
AMZNAmazon.com, Inc.competitorMay 27, 2026 ▾
“Online distributors, including Amazon, which typically sell lower price-point products, have become prominent competitors for sales of handheld test and measurement equipment, competing primarily on price.”
NEXANexa Resources S.A.investeeMay 27, 2026 ▾
“id Expenses and Other Current Assets 79 Less: Current Liabilities ( 210 ) Total Purchase Price $ 49,823 NEXA: In connection with the acquisition of NEXA, there were potential earn-out payments of up to $ 7.5 million over the four -year period following the cl…”
Filing peers
Companies whose filings use similar operating language.
Open the three relationships above to see Jodie’s filing proof. Pro unlocks every receipt, and alerts when connected names begin moving. Unlock the full network →
What is moving around it
Live connections
TRNS is currently a Follower in the organic co-movement group AI and Digital Services. This group is discovered from market behaviour rather than assigned from an industry taxonomy. 2 filing-linked names are in the relationship map; none is currently confirmed as moving with the group.
This group is retained as the last observed read for TRNS; it is not active in the latest market snapshot.
Context history
Theme membership history
No durable theme membership has been observed for this name yet.