Stock fact sheet · data as of
Trinity Capital Inc. (TRIN): fair value, margin of safety and Wheel Score
Financial Services · Asset Management · United States · Speculative / Distressed
Is TRIN undervalued?
TRIN has a margin of safety of 56%: the stock closed at 16.70 on 16 Oct 2026 against a GLS average fair value of 37.84. 6 of the 7 valuation models that produced a number sit above the price. Our screens treat a discount this large as a strong starting point for a cash-secured put, not as a verdict - the fair value is a model output, and a wide gap can mean the models are missing something the market knows.
There is a wide gap between Lynch (7.42) and GLS Growth (113.55). When the models are this far apart the "fair value" is really a range, and the margin of safety above should be read with that range in mind.
The nightly engine files TRIN under Speculative / Distressed - negative earnings or a Piotroski score of 3 or less - which caps its Wheel Score at 45 and keeps it out of the Sunday Scan.
Nine valuation models for TRIN
Each model turns the latest filed numbers into a value per share; the GLS fair value is the simple average of the ones that produce a positive number. The last two rows are shown for reference and never enter the average. The Quote page lets you switch any model off and add your own margin of safety.
| Model | Value | vs price | What it measures |
|---|---|---|---|
| DCF | 36.71 | +120% | Present value of the projected free cash flows, discounted at the cost of capital |
| Graham Number | 24.17 | +45% | The most a defensive investor pays for the earnings and book value per share |
| Graham Growth | 29.92 | +79% | Graham's growth formula: EPS × (8.5 + 2 × growth), adjusted for bond yields |
| Lynch | 7.42 | -56% | EPS × the earnings growth rate (PEG of 1), growth capped at 25% |
| GLS Growth | 113.55 | +580% | EPS compounded ten years at the blended growth rate, discounted back at 15% a year |
| 10 Cap | - | - | Owner's earnings (operating cash flow less maintenance capex) capitalised at 10%; no value tonight |
| Payback Time | - | - | Eight years of compounded free cash flow: the price at which the business pays for itself; no value tonight |
| DDM | 32.52 | +95% | Dividend discount model: next year's dividend ÷ (10% − 3% growth); needs a dividend |
| EPV | 20.61 | +23% | Earnings power value: current EPS capitalised at 9% with no growth |
| Zombie (liquidation) | -15.03 | -190% | Current assets less all liabilities, per share: the balance-sheet floor. Not in the average |
| Wall St target | 16.30 | -2% | Analysts' average 12-month price target. Not in the average |
Quality and financial health
Trinity Capital Inc. scores only 3 of 9 on the Piotroski F-score, which fails the Sunday Scan's "6 or more" rule. A reading this low means several of the basic tests - positive earnings, positive operating cash flow, falling debt, no new share issuance - are not met. A GLS Moat score of 2.3/10 is a weak reading: the ten-year history the score grades (revenue, EPS, book value, margins, cash flow, share count, ROIC) has not been steady, so the Moat part of the Wheel Score contributes little.
Returns on capital are moderate - ROIC 5.6%, ROE 12.4%, ROA 5.5% - with debt at 1.20 times equity and negative free cash flow.
The dividend yield is high at 13.23% (payout ratio 120%) - a payout above 100% of earnings, which is not covered by profits. A yield this size is often the market's way of pricing a risk to the payout, so the health score and cash flow matter more than usual.
Institutional ownership scores 4/10, insider activity 10/10 and Congressional trading 5/10 on the GLS smart-money scales.
| Piotroski F-score | 3 / 9 | ROIC | 5.6% |
|---|---|---|---|
| GLS Moat | 2.3 / 10 | ROE | 12.4% |
| Debt / equity | 1.20 | ROA | 5.5% |
| Free-cash-flow yield | -14.4% | Payout ratio | 120% |
| Institutions | 4 / 10 | Insiders · Congress | 10 · 5 / 10 |
Wheel Score 45: Weak
With a Wheel Score of 45 Trinity Capital Inc. sits in the Weak band, capped at 45 because the engine files it as Speculative / Distressed. The parts - Value 25/25, Health 7/20, Moat 3/15, Premium 17/20, Stability 15/20 - show where: Moat (3/15) scores lowest.
Implied volatility is 32% on the near-the-money contracts 20-60 days out: some premium, but under the 35-60% range the Wheel Score pays full marks for (17 of 20 points). Chain open interest is 14,529 contracts across all expiries - enough for the wheel at normal size.
Volume runs at 1.1M shares a day on a market cap of $1.5B, with a beta of 0.70 - a low beta, so day-to-day moves are smaller than the market's; the Stability part of the Wheel Score gives that 15 of 20.
| Part | Points | From | |
|---|---|---|---|
| Value | 25 / 25 | 56% margin of safety | |
| Health | 7 / 20 | Piotroski 3/9 | |
| Moat | 3 / 15 | moat 2.3/10 | |
| Premium | 17 / 20 | implied volatility 32% | |
| Stability | 15 / 20 | 1.1M shares/day, $1.5B cap, beta 0.70 |
The Wheel Score ranks ~7,400 US stocks for selling cash-secured puts and covered calls; it is updated nightly and is not a recommendation. The walkthrough lesson shows how the score fits into a trade, start to finish.
Upcoming events
The next earnings report is due on 4 Nov 2026 (before the open), 19 days away; a 30-45-day put sold today would expire after it, which is worth weighing against the premium. The shares go ex-dividend on 13 Nov 2026 (0.1700 per share), so a covered call sold before then carries a small early-assignment risk around that date.
Earnings, dividend, IPO, split and economic calendars for the whole market, filterable to your watchlists.
Similar stocks in Asset Management
The 12 companies below are the closest to Trinity Capital Inc. by market cap within the Asset Management industry, each with its own fact sheet; the Compare page puts up to eight of them side by side.
| Stock | Close | Fair value | MoS | Wheel | Mkt cap |
|---|---|---|---|---|---|
| CSWC Capital Southwest Corporation | 23.52 | 33.91 | +31% | 65Good | $1.5B |
| QQQX Nuveen Nasdaq 100 Dynamic Overwrite Fund | 30.66 | 152.82 | +80% | 36No options | $1.5B |
| PQTAX PIMCO TRENDS Fund A | 11.16 | 13.23 | +16% | 39No options | $1.5B |
| HYT BlackRock Corporate High Yield Fund, Inc. | 7.74 | 13.64 | +43% | 39No options | $1.5B |
| RQI Cohen & Steers Quality Income Realty Fund, Inc. | 10.98 | 23.91 | +54% | 39No options | $1.5B |
| MQY BlackRock MuniYield Quality Fund, Inc. | 10.20 | 10.87 | +6% | 39No options | $1.5B |
| AMFAX Virtus AlphaSimplex Mgd Futs Strat A | 9.03 | 2.58 | -250% | 29No options | $1.5B |
| GAM General American Investors Company, Inc. | 64.73 | 389.47 | +83% | 39No options | $1.6B |
| ARAAX Horizon Active Risk Assist Fund - Advisor Class | 27.84 | 244.22 | +89% | 39No options | $1.6B |
| BCHYX American Century California High Yield Municipal Investor Class | 9.12 | 5.72 | -59% | 23No options | $1.6B |
| GAB The Gabelli Equity Trust Inc. | 5.20 | 30.10 | +83% | 39No options | $1.6B |
| BCAT BlackRock Capital Allocation Trust | 13.14 | 74.26 | +82% | 39No options | $1.4B |
⚖ Compare TRIN with 7 of them All Financial Services stocks →
Screen the whole market the same way
A free GLS Equity account gets you nightly fair value and the Wheel Score on ~7,400 US stocks, a watchlist, the scanner preview and the Sunday Scan - the same eight-rule screen, emailed every week. Pro adds the full put and call scanners, unlimited watchlists with alerts and the trade journal.
Start free See the Sunday ScanQuestions about TRIN
Is TRIN undervalued right now?
By the GLS models, yes: at 16.70 the stock is 56% below the average fair value of 37.84 (data as of 16 Oct 2026). Whether the discount is deserved is the question to research next.
What is the Wheel Score of TRIN and what does it mean?
TRIN scores 45 out of 100 (Weak). The Wheel Score blends the margin of safety (25 points), Piotroski health (20), the GLS moat (15), the option premium on offer (20) and trading stability (20) into one number that ranks stocks for the wheel strategy - selling cash-secured puts, then covered calls if assigned. 80 and above is Prime, 65-79 Good, 50-64 Fair, under 50 Weak.
What is the GLS fair value for TRIN?
37.84 per share as of 16 Oct 2026 - the simple average of the 7 valuation models (out of nine: DCF, Graham Number, Graham Growth, Lynch, GLS Growth, 10 Cap, Payback Time, DDM and EPV) that produced a positive value. The models run every night on the latest filings; the Quote page lets you switch any of them off and add a margin of safety of your own.
When does Trinity Capital Inc. report earnings next?
The next earnings report is due on 4 Nov 2026 (before the open), 19 days from the data date of 16 Oct 2026. The Calendars page lists every upcoming report with its time of day.
Does TRIN have listed options, and how liquid are they?
Yes. The nightly snapshot found 118 listed contracts with 14,529 open interest across all expiries and implied volatility of 32% on the near-the-money contracts. The Options scanner lists the cash-secured put and covered call set-ups with premium and annualised yield worked out.