TRU TRU

Name: TRU Crucible Score
Creator: Kaladin Capital Intelligence

UnknownUnknownN/A📅 Scored April 7, 2026

Price at analysis: $68.73

Crucible Score

61.5

C+

Quality × Value Composite

KQI — Quality

59.3

C+

Fundamental Quality Index

KVI — Value

64.3

C+

Valuation Attractiveness Index

Crucible Verdict — TRU

TRU earns a middling C+ rating despite trading 14% below fair value, held back by weak diversification metrics and modest growth prospects that offset solid financial quality and market positioning. The 85% earnings beat rate demonstrates execution strength, but insider selling signals caution among management. The valuation discount creates opportunity for patient investors willing to accept limited upside catalysts.

— Kal, Kaladin Capital Intelligence

◆ KQI Quality Dimensions

Financial Quality

71.4

Growth Profile

53.3

Moat Durability⚠

55.1

Management Effectiveness⚠

57.8

Diversification & Resilience⚠

42.0

Market Position

68.0

Weakest dimension: Diversification & Resilience (42.0)

◆ KVI Value Dimensions

DCF Margin of Safety

64.4

FCF Yield & Cash Returns

51.6

Relative Valuation

79.8

Growth-Adjusted Value

54.6

Historical Valuation

82.0

Macro Context

54.8

◆ DCF Valuation Scenarios

Bear Case

$52.18

Base Case

$78.42

Bull Case

$112.65

Price at Analysis

$68.73

Scenario	Fair Value	Rev CAGR (5yr)	Terminal Margin	WACC
🔴 Bear	$52.18	4.0%	16.0%	13.9%
🟢 Base	$78.42	6.0%	18.0%	13.1%
🟢 Bull	$112.65	8.0%	21.0%	12.2%

Key Assumptions: WACC derived using CAPM with 4.35% risk-free rate, 1.71 beta, and 5.5% ERP (base), yielding ~13.1% base WACC; bear/bull scenarios shift ERP by +/- 50bps. Revenue growth anchored to 5-year historical CAGR of ~9% but moderated given macro uncertainty; operating margins mean-revert toward 16-19% range reflecting the volatile history (3.4% to 22%). Capex intensity set at 7% of revenue consistent with trailing average, and D&A assumed to approximate capex over time. Net debt of ~$4,304M subtracted from enterprise value to arrive at equity value.

◆ Financial Snapshot

Profitability

Gross Margin52.8%

Operating Margin18.9%

Net Margin10.0%

ROIC6.0%

ROE13.2%

Balance Sheet

Balance SheetCR: 1.75

Cash ConversionFCF/EPS: 1.45x

Capital IntensityCapex/Rev: 7.1%

Altman Z-Score2.32 (Grey)

Piotroski F-Score8/9 (Strong)

Growth

Revenue CAGR-37.3% CAGR (suspect)

Earnings CAGR-39.6% CAGR (suspect)

Growth ConsistencyCV: 35.97

Segment Breadth2/2 growing (100%)

Quarterly TrendRev↑, Margin∆, WC↓

Earnings CredibilityConsistent Beater

◆ Analyst Consensus & Leadership

Leadership & Governance

CEO Ownership26.8%

Compensation94% performance-based

Insider ActivitySelling

Capital AllocationROIC 6.0% vs WACC 3.6%

Earnings Beat Rate85% (19/22)

◆ Related Companies in Our Universe

Other Unknown companies scored by the Crucible:

ADBE81.8A-NICE80.7A-DECK79.9A-INTU79.9A-EXEL78.3A-MTCH78.2A-TTD78.0B+

Methodology All Scores Crucible Briefs Performance @KaladinCI

Analysis conducted April 7, 2026 based on most recent SEC filings. Updated quarterly, after new SEC filings.

Point-in-time fundamental analysis. Not investment advice. Scores reflect company quality and valuation at time of analysis and may not reflect current market conditions.