Stock fact sheet · data as of
Transcat, Inc. (TRNS): fair value, margin of safety and Wheel Score
Industrials · Specialty Business Services · United States · Blend
Is TRNS undervalued?
At 82.37 (close of 16 Oct 2026), TRNS trades 258% over the GLS average fair value of 23.03, with 0 of 8 models above the price. The stock earns none of the Wheel Score's Value points at this price. That is a statement about price against trailing fundamentals, not about the company's prospects - the Wall Street View and the Growth tab on the Quote page carry the forward numbers.
There is a wide gap between EPV (4.09) and 10 Cap (68.22). 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 TRNS under Blend.
Nine valuation models for TRNS
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 | 46.53 | -44% | Present value of the projected free cash flows, discounted at the cost of capital |
| Graham Number | 16.39 | -80% | The most a defensive investor pays for the earnings and book value per share |
| Graham Growth | 15.19 | -82% | Graham's growth formula: EPS × (8.5 + 2 × growth), adjusted for bond yields |
| Lynch | 6.20 | -92% | EPS × the earnings growth rate (PEG of 1), growth capped at 25% |
| GLS Growth | 4.59 | -94% | EPS compounded ten years at the blended growth rate, discounted back at 15% a year |
| 10 Cap | 68.22 | -17% | Owner's earnings (operating cash flow less maintenance capex) capitalised at 10% |
| Payback Time | 23.02 | -72% | Eight years of compounded free cash flow: the price at which the business pays for itself |
| DDM | - | - | Dividend discount model: next year's dividend ÷ (10% − 3% growth); needs a dividend; no value tonight |
| EPV | 4.09 | -95% | Earnings power value: current EPS capitalised at 9% with no growth |
| Zombie (liquidation) | -9.34 | -111% | Current assets less all liabilities, per share: the balance-sheet floor. Not in the average |
| Wall St target | 123.60 | +50% | Analysts' average 12-month price target. Not in the average |
Quality and financial health
Transcat, Inc. scores only 4 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 4.3/10 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 thin or negative - ROIC 1.3%, ROE 1.8%, ROA 1.1% - with debt at 0.43 times equity and a free-cash-flow yield of 3.3%.
Transcat, Inc. pays no dividend, so the DDM model does not apply and a covered-call holder earns only the premium and any price gain. Revenue comes mainly from Service 67%, Distribution Service 33% (quarter Q1 FY2027).
Institutional ownership scores 10/10, insider activity 3/10 and Congressional trading 5/10 on the GLS smart-money scales.
| Piotroski F-score | 4 / 9 | ROIC | 1.3% |
|---|---|---|---|
| GLS Moat | 4.3 / 10 | ROE | 1.8% |
| Debt / equity | 0.43 | ROA | 1.1% |
| Free-cash-flow yield | 3.3% | Payout ratio | 0% |
| Institutions | 10 / 10 | Insiders · Congress | 3 · 5 / 10 |
Wheel Score 43: Weak
With a Wheel Score of 43 Transcat, Inc. sits in the Weak band. The parts - Value 0/25, Health 9/20, Moat 6/15, Premium 20/20, Stability 8/20 - show where: Value (0/25) scores lowest.
Implied volatility is 52% on the near-the-money contracts 20-60 days out - inside the 35-60% range the Wheel Score pays full marks for: enough premium to be worth selling, not so much that the risk is unpaid. Chain open interest is thin - 1,780 contracts across every expiry - so fills at a fair price are not guaranteed; a 30-45-day put may not exist at a usable strike.
Volume runs at 76k shares a day on a market cap of $771M, with a beta of 0.66 - a low beta, so day-to-day moves are smaller than the market's; the Stability part of the Wheel Score gives that 8 of 20.
| Part | Points | From | |
|---|---|---|---|
| Value | 0 / 25 | -258% margin of safety | |
| Health | 9 / 20 | Piotroski 4/9 | |
| Moat | 6 / 15 | moat 4.3/10 | |
| Premium | 20 / 20 | implied volatility 52% | |
| Stability | 8 / 20 | 76k shares/day, $771M cap, beta 0.66 |
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 2 Nov 2026 (after the close), 17 days away; a 30-45-day put sold today would expire after it, which is worth weighing against the premium.
Earnings, dividend, IPO, split and economic calendars for the whole market, filterable to your watchlists.
Similar stocks in Specialty Business Services
The 12 companies below are the closest to Transcat, Inc. by market cap within the Specialty Business Services 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 |
|---|---|---|---|---|---|
| CASS Cass Information Systems, Inc. | 54.29 | 56.98 | +5% | 62Fair | $695M |
| PAYS Paysign, Inc. | 15.16 | 12.37 | -23% | 56Fair | $856M |
| RHLD Resolute Holdings Management, Inc. | 112.99 | 344.42 | +67% | 39No options | $884M |
| BV BrightView Holdings, Inc. | 10.53 | 9.13 | -15% | 56Fair | $975M |
| EBF Ennis, Inc. | 22.42 | 23.60 | +5% | 53Fair | $568M |
| DLX Deluxe Corporation | 22.89 | 49.45 | +54% | 77Good | $1.0B |
| BUUU BUUU Group Ltd | 43.49 | 1.54 | -2720% | 20No options | $509M |
| QUAD Quad/Graphics, Inc. | 9.29 | 10.58 | +12% | 65Good | $478M |
| ACTG Acacia Research Corporation | 4.23 | 3.68 | -15% | 45Weak | $413M |
| SPIR Spire Global, Inc. | 9.25 | - | - | 41Weak | $362M |
| TH Target Hospitality Corp. | 17.26 | 14.81 | -17% | 45Weak | $1.7B |
| CMPR Cimpress plc | 76.72 | 166.98 | +54% | 75Good | $1.9B |
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Start free See the Sunday ScanQuestions about TRNS
Is TRNS undervalued right now?
No: at 82.37 the stock trades 258% above the GLS average fair value of 23.03 (data as of 16 Oct 2026), well beyond what trailing earnings, cash flow and book value support.
What is the Wheel Score of TRNS and what does it mean?
TRNS scores 43 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 TRNS?
23.03 per share as of 16 Oct 2026 - the simple average of the 8 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 Transcat, Inc. report earnings next?
The next earnings report is due on 2 Nov 2026 (after the close), 17 days from the data date of 16 Oct 2026. The Calendars page lists every upcoming report with its time of day.
Does TRNS have listed options, and how liquid are they?
Yes. The nightly snapshot found 250 listed contracts with 1,780 open interest across all expiries and implied volatility of 52% 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.