Trinity Place Intrinsic Value Calculator – Trinity Place Holdings Receives Warning from NYSE American for Non-Compliance
December 6, 2023
🌧️Trending News
Trinity Place ($NYSEAM:TPHS) Holdings, Inc. (NASDAQ:TPHS) has recently been issued a non-compliance letter by NYSE American due to its failure to meet certain continued listing standards. Trinity Place is a publicly traded real estate investment trust (REIT) primarily focused on investing in commercial real estate related assets. With its headquarters in New York City, Trinity Place’s asset base consists of a diversified portfolio of real estate investments in the retail, office, hospitality, residential and industrial sectors. The company has made significant investments in properties such as shopping centers, office buildings and multi-family residential buildings in New York City, as well as other major U.S. cities. The company has been given up to six months to regain compliance with the requirements or else it will be subject to delisting. Trinity Place has already begun to work on resolving the issues and increasing its share price.
However, the company will need to remain in compliance with the listing standards within six months in order to remain listed.
Stock Price
On Monday, TRINITY PLACE Holdings, Inc. received a warning from NYSE American due to non-compliance with certain listing standards. The effects of the warning were quickly felt, as their stock opened at $0.2 and closed at the same price, resulting in a drop of 8.8% from the previous closing price of 0.2. The warning comes only a few weeks after the company’s shares had been de-listed and suspended from trading. Investors are now left wondering what the future holds for the company, with some predicting that it may have to revise its structure and adhere to its listing standards in order to remain listed on NYSE American. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Trinity Place. More…
| Total Revenues | Net Income | Net Margin |
| 42.02 | -38.03 | -96.0% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Trinity Place. More…
| Operations | Investing | Financing |
| -6.5 | 7.08 | -3.21 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Trinity Place. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 267.69 | 268.86 | -0.03 |
Key Ratios Snapshot
Some of the financial key ratios for Trinity Place are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 217.2% | – | -16.3% |
| FCF Margin | ROE | ROA |
| -15.5% | -91.9% | -1.6% |
Analysis – Trinity Place Intrinsic Value Calculator
At GoodWhale, we have conducted an extensive analysis of TRINITY PLACE and its fundamentals. Our proprietary Valuation Line has determined the intrinsic value of TRINITY PLACE’s shares to be around $14.4. However, currently, TRINITY PLACE stock is trading at only $0.2, meaning it is significantly undervalued at 98.6%. This presents an excellent opportunity for investors to purchase a quality share for a fraction of its true worth. More…
Peers
The competition between Trinity Place Holdings Inc and its competitors – Mecanica Fina SA, Tayninh, Duna House Holding PLC – is fierce. All four companies are striving to gain an edge in the industry, with each taking different approaches to achieve success. From innovative product offerings to strategic partnerships, these companies are constantly looking for ways to outpace their rivals and come out on top.
– Mecanica Fina SA ($LTS:0RAT)
Tayninh is a publicly traded Vietnamese company which specializes in natural resources and energy related services. The company has a market cap of 11.06M USD as of 2023, making it one of the smaller companies in the sector. Its Return on Equity (ROE) is -0.33%, which indicates that the company has been generating losses over the past year. The low ROE might be a concern for potential investors who are interested in investing in the company, as it suggests that the company may not be able to generate enough profits to maintain a sufficient level of returns. As such, it is important to conduct further research into the company’s financials and operations before investing in it.
– Tayninh ($LTS:0IUD)
Duna House Holding PLC is an international real estate development and management company based in Budapest, Hungary. With a market cap of 20.04 billion as of 2023, Duna House is one of the largest real estate companies in the region. Its Return on Equity (ROE) has been measured at 70.93%, indicating a high level of profitability and efficiency in the company’s operations. Duna House specializes in the development and management of residential, commercial, industrial, and hotel properties, providing a variety of services to both private and public clients. The company also has a comprehensive investment portfolio, including investments in properties, hotels, and acquisitions in other countries.
Summary
Trinity Place Holdings (TRIN) has recently received a non-compliance letter from the NYSE American exchange due to its stock falling below the required $1 minimum bid price. This has caused its stock price to drop significantly on the same day. Analysts have warned investors to proceed cautiously when considering TRIN as the prolonged stay below the $1 threshold could result in delisting from the exchange. As such, investors should consider the potential risks associated with investing in TRIN before committing to a purchase.
Additionally, investors may want to consider the upside potential given the company’s potential for future growth and strength in other areas of its business.
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