$10.11

+0.12 (+1.20%)

After Hours: $9.51 (-0.60, -5.93%)

Weekly Expected Move ±11.1%

$8 $9 $10 $11 $12

NYSE · Technology · Software - Application · Alpha Radar Buy · Power 68 · $183.7M mcap · 13M float · 1.26% daily turnover · Short 41% of daily vol

Edge Score

Quantitative competitive moat analysis scoring five pillars of durable advantage — cost leadership, brand intangibles, switching costs, network effects, and efficient scale — using industry percentile rankings on a 0–100 scale.

NARROW EDGE

60.0 / 100

NoneWeakNarrowWide

Primary source: Intangible Assets · ROIC: 28.2% · 5Y Avg: 24.6%

Cost Advantage

Intangibles

Switching Cost

Network Effect

Scale

The Edge Score quantifies a company's competitive moat using five pillars: Cost Advantage (20%, operating margin and SG&A efficiency vs industry peers), Intangible Assets (25%, gross margin premium, R&D intensity, brand pricing power), Switching Costs (25%, revenue stability, earnings consistency, customer retention proxied by operating leverage), Network Effects (15%, revenue growth with expanding margins, market share dominance), and Efficient Scale (15%, market concentration, ROIC sustainability). Each pillar is scored 0–100 using industry percentile rankings, then weighted into a composite. Wide ≥ 70, Narrow ≥ 55, Weak ≥ 40, None < 40. TRAK has a Narrow competitive edge (60.0/100) — meaningful but not impregnable advantages over competitors. The primary source of advantage is Intangible Assets. ROIC of 28.2% confirms the company is generating returns well above its cost of capital — a hallmark of durable competitive advantages.

Analyst Insights

Wall Street analyst consensus based on price targets and buy/sell/hold recommendations from institutional research coverage over the trailing 12 months.

Analyst Price Targets

Analyst Recommendations

Strong Buy: 0Buy: 1Hold: 0Sell: 0Strong Sell: 0

Rating Summary

ConsensusBuy

Avg Target$—

Analysts0

Price Target Change History

Date	Firm	Analyst	Old	New	Change	Upside @ Call	Stock@Call
2024-05-22	Maxim Group	Thomas Forte	Initiated	$24	—	+41.2%	$17.00

Financial Rating

Composite financial health rating (A+ to F) based on discounted cash flow valuation, return on equity, return on assets, debt-to-equity leverage, and relative P/E and P/B multiples.

A-

May 22, 2026

DCF

ROE

ROA

D/E

P/E

P/B

The Financial Rating evaluates six fundamental factors — discounted cash flow (DCF) valuation, return on equity (ROE), return on assets (ROA), debt-to-equity leverage (D/E), and relative price-to-earnings (P/E) and price-to-book (P/B) multiples — each scored 1–5. TRAK receives an overall rating of A-. Strongest factors: DCF (4/5), D/E (4/5), P/B (5/5). Areas of concern: ROE (2/5).

Rating Change History

Date	From	To
2026-05-18	A+	A-
2026-05-14	A-	A+

InsiderStreet Scorecard

Proprietary multi-factor scorecard rating companies across seven fundamental dimensions — profitability, balance sheet strength, earnings quality, growth, value, momentum, and safety — each scored 0–100.

★ ★ ★ ★ ★ 70 Grade A+

Profitability

Balance Sheet

Earnings Quality

Growth

Value

Momentum

Safety

100

Cash Flow

The InsiderStreet Scorecard rates companies across eight dimensions: Profitability (margins, ROA, ROE), Balance Sheet (leverage, liquidity, coverage), Earnings Quality (accruals, cash conversion), Growth (revenue and earnings trajectory), Value (P/E, P/B, earnings yield, Graham criteria), Momentum (revenue and earnings acceleration), Safety (Altman Z-Score risk adjustment), and Cash Flow (operating cash flow quality, FCF conversion, cash coverage). The overall score blends 35% quality, 35% value, and 30% momentum, with a penalty for distress-zone Altman scores. TRAK scores highest in Safety (100/100) and lowest in Value (45/100). An overall grade of A+ places TRAK among the highest-quality companies in its peer group.

Risk & Quality Signals

Academic financial models used by institutional investors to assess bankruptcy risk, earnings manipulation, financial strength, and credit quality.

Altman Z-Score

25.52

Safe Zone

Piotroski F-Score

7/9

✓ ✓ ✓ ✗ ✓ ✗ ✓ ✓ ✓

Beneish M-Score

-2.32

Unlikely Manipulator

Ohlson O-Score

-11.17

Bankruptcy prob: 0.0%

Low Risk

Credit Rating

AA+

Score: 95.0/100

Trend: Stable

Earnings Quality

75/100

OCF/NI: 0.95x

Accruals: 0.7%

The Altman Z-Score (1968) combines five ratios — working capital, retained earnings, EBIT, market value of equity, and sales, all relative to total assets or liabilities — into a single bankruptcy predictor. TRAK scores 25.52, placing it in the Safe Zone (safe > 2.99, distress < 1.81). Bankruptcy is statistically unlikely within the next two years. The Piotroski F-Score (2000) is a 9-point binary checklist — four profitability tests (positive ROA, positive cash flow, improving ROA, cash flow exceeding net income), three leverage tests (declining debt ratio, improving current ratio, no share dilution), and two efficiency tests (improving gross margin, improving asset turnover). Each pass scores 1 point. TRAK scores 7/9, signaling strong financial health across all three dimensions. The Beneish M-Score (1999) is an 8-variable model that detects earnings manipulation by comparing year-over-year changes in receivables, gross margins, asset quality, sales growth, depreciation, SG&A, leverage, and accruals. Scores above −1.78 statistically resemble past manipulators. TRAK's score of -2.32 falls below this threshold, suggesting earnings are unlikely to be manipulated. The Ohlson O-Score (1980) is a 9-variable logistic regression that estimates bankruptcy probability using firm size, leverage, working capital, current ratio, profitability (ROA), cash flow coverage, negative equity flag, consecutive losses flag, and earnings trajectory. The raw score is converted to a probability via logistic transformation. TRAK's implied 0.0% bankruptcy probability is well within safe territory. Our Credit Rating model scores companies on five weighted components — solvency (30%), earning power (25%), leverage (20%), liquidity (15%), and cash flow quality (10%) — then blends the absolute score with sector and industry peer rankings. For companies with large buyback programs, equity is adjusted by adding back cumulative 5-year repurchases (capped at 80% of FCF generated) to avoid penalizing shareholder-friendly capital allocation. TRAK receives an estimated rating of AA+ (score: 95.0/100), with a stable trend. The Earnings Quality score measures how well reported earnings are backed by real cash. It evaluates the operating cash flow to net income ratio (OCF/NI ≥ 1.0 means every dollar of earnings is cash-backed) and the accruals ratio (the gap between earnings and cash flow relative to assets — lower is better). TRAK's score of 75/100 is high — cash flows strongly support reported earnings.

Valuation

Key valuation multiples comparing the stock's market price to its earnings, revenue, book value, and cash flows. Lower multiples may indicate relative undervaluation versus peers.

P/E

25.28x

PEG

2.21x

P/S

7.84x

P/B

0.00x

P/FCF

34.45x

P/OCF

34.32x

EV/EBITDA

23.85x

EV/Revenue

8.83x

EV/EBIT

26.58x

EV/FCF

30.35x

Earnings Yield

3.08%

FCF Yield

2.90%

Shareholder Yield

2.23%

Graham Number

$4.72

Equity-based multiples (P/E, P/B, P/FCF) compare the stock price to per-share fundamentals and are affected by capital structure. Enterprise value multiples (EV/EBITDA, EV/Revenue, EV/FCF) strip out debt and cash, making them more useful for cross-company comparisons regardless of how companies are financed. The Graham Number — √(22.5 × EPS × Book Value) — is Benjamin Graham's formula for the maximum price a defensive investor should pay. At 25.3x earnings, TRAK commands a growth premium. Graham's intrinsic value formula yields $4.72 per share, 114% below the current price.

DuPont Decomposition (5-Factor)

The 5-factor DuPont framework breaks Return on Equity into its component drivers — tax efficiency, interest burden, operating profitability, asset utilization, and financial leverage — to reveal what truly drives shareholder returns.

Tax Burden

0.851

NI / EBT

Interest Burden

1.093

EBT / EBIT

EBIT Margin

0.332

EBIT / Rev

Asset Turnover

0.440

Rev / Assets

Equity Multiplier

1.109

Assets / Equity

ROE

15.1%

The 5-factor DuPont identity decomposes ROE as: Tax Burden × Interest Burden × EBIT Margin × Asset Turnover × Equity Multiplier = ROE. This reveals whether returns are driven by operating performance, financial leverage, or tax efficiency — three very different sources of profitability. TRAK's ROE of 15.1% is driven by Asset Turnover (0.440), indicating efficient use of assets to generate revenue.

Graham-Dodd Adjusted Valuation

Our adaptation of Graham's growth formula (Fair P/E = 8.5 + 2g) from The Intelligent Investor. The classic version relies on analyst growth projections, which can be unreliable. This adjusted model substitutes the company's realized 3-year EPS CAGR — a backward-looking, verifiable measure of actual earnings power — grounding the valuation in demonstrated performance rather than forecasts.

Adj. Growth Rate

14.49%

Fair P/E

37.49x

Intrinsic Value

$14.30

Price/Value

0.87x

Margin of Safety

13.49%

Premium

-13.49%

Assessment

Undervalued

Graham's classic formula uses analyst-projected growth to estimate a fair P/E (8.5 + 2g). Our adjusted version replaces that projection with TRAK's realized 14.5% 3-year EPS CAGR — what the company actually delivered, not what analysts hope for. At an intrinsic value of $14.30, TRAK appears undervalued with a 13% margin of safety. The adjusted fair P/E of 37.5x compares to the current market P/E of 25.3x.

Profitability Trends

Historical profitability ratios tracking how efficiently the company converts revenue into returns for shareholders over time.

Leverage & Solvency Trends

Debt and liquidity metrics showing the company's financial leverage and ability to meet short-term and long-term obligations.

Efficiency & Working Capital Trends

Operating efficiency metrics measuring how quickly the company converts inventory to sales, collects receivables, and manages its cash conversion cycle.

Growth Trends (YoY %)

Year-over-year growth rates for key financial metrics, showing the trajectory of revenue, earnings, and cash flow generation.

Earnings Stability

R-squared of linear regression measuring how predictably revenue, earnings, and margins follow a trend over the trailing 5 years. 1.0 = perfectly predictable; lower values indicate erratic or cyclical behavior.

Monte Carlo Price Simulation

Geometric Brownian Motion with 1,000 antithetic paths over 1 year, seeded from 1800 days of historical volatility. Percentile bands show the range of statistically plausible outcomes — this is a statistical model, not a forecast.

Current Price

$10.13

Median 1Y

$9.21

5th Pctile

$3.76

95th Pctile

$22.74

Ann. Volatility

52.2%

25th–75th percentile 5th–95th percentile Median path Historical

Executive Compensation

C-suite compensation breakdown including salary, stock awards, options, and incentive pay. The CEO-to-employee pay ratio and Gini coefficient measure pay distribution fairness.

C-Suite Compensation

Executive	Salary	Stock	Total
Randall K. Fields Chief Executive Officer and Chairman of the Board	$1,118,031	$—	$1,853,310
John R. Merrill Chief Financial Officer	$275,000	$48,200	$460,700
Edward L. Clissold General Counsel and Corporate Secretary	$225,000	$—	$225,000

CEO Pay Ratio

11:1

CEO-to-Employee Pay Ratio

CEO Total Comp: $1,853,310

Avg Employee Cost (SGA/emp): $165,885

Employees: 69

C-Suite Pay Equality (Gini)

CEO Compensation Mix

Workforce & Productivity

Workforce efficiency metrics measuring revenue, profit, and R&D spend per employee — key indicators of operational leverage and human capital productivity.

Employees

-5.5% YoY

Revenue / Employee

$327,624

Rev: $22,606,066

Profit / Employee

$101,132

NI: $6,978,127

SGA / Employee

$165,885

Avg labor cost proxy

Scaling Efficiency

All Ratios & Metrics

Complete fundamental data with up to 20 periods of history, sparkline trends, and current values across 13 categories and 130+ financial metrics.

Profitability

Metric	Q3'21	Q4'21	Q1'22	Q2'22	Q3'22	Q4'22	Q1'23	Q2'23	Q3'23	Q4'23	Q1'24	Q2'24	Q3'24	Q4'24	Q1'25	Q2'25	Q3'25	Q4'25	Q1'26	Q2'26	Current
ROE	8.0%	9.4%	10.3%	8.6%	9.3%	9.1%	9.9%	10.8%	12.1%	12.6%	12.8%	13.2%	13.0%	12.8%	13.5%	13.7%	14.6%	14.5%	14.8%	15.1%	15.08%
ROA	6.5%	7.6%	8.3%	6.9%	7.5%	7.7%	8.3%	9.1%	10.2%	11.2%	11.4%	11.8%	11.5%	11.7%	12.2%	12.4%	13.2%	13.1%	13.3%	13.6%	13.59%
ROIC	7.3%	10.2%	12.1%	13.9%	15.5%	17.5%	17.7%	18.6%	19.6%	21.3%	21.0%	21.2%	20.4%	21.2%	22.3%	22.7%	24.8%	26.5%	27.2%	28.2%	28.17%
ROCE	8.0%	9.3%	10.0%	8.5%	9.2%	9.7%	10.5%	11.5%	13.1%	12.9%	13.1%	13.6%	13.2%	12.7%	13.5%	13.8%	14.9%	14.6%	15.5%	15.7%	15.69%
Gross Margin	56.3%	96.1%	75.7%	76.2%	78.7%	79.3%	77.4%	76.9%	76.2%	77.5%	78.7%	75.2%	78.0%	83.7%	84.2%	81.7%	84.6%	84.2%	85.7%	85.4%	85.42%
Operating Margin	11.9%	25.3%	25.6%	22.0%	25.8%	24.3%	26.0%	24.7%	31.5%	24.3%	23.7%	24.2%	24.8%	25.5%	27.2%	24.6%	30.6%	27.5%	31.7%	31.0%	31.02%
Net Margin	12.8%	25.4%	20.8%	20.0%	23.9%	23.9%	27.2%	26.6%	34.5%	28.7%	27.2%	28.3%	30.5%	30.5%	30.6%	28.2%	33.2%	31.2%	30.5%	28.8%	28.79%
EBITDA Margin	17.7%	30.3%	27.9%	26.9%	35.0%	29.3%	34.3%	33.4%	44.6%	36.4%	35.8%	36.8%	37.8%	29.7%	39.0%	37.1%	41.8%	29.0%	42.3%	34.8%	34.85%
FCF Margin	23.3%	25.0%	25.4%	23.8%	33.2%	33.5%	36.9%	32.5%	43.6%	41.7%	39.5%	37.2%	33.3%	33.7%	34.7%	46.1%	39.7%	37.2%	34.8%	29.1%	29.11%
OCF Margin	23.8%	25.7%	26.0%	24.1%	33.7%	33.8%	37.3%	34.1%	48.4%	46.4%	44.1%	40.4%	33.4%	34.1%	35.1%	46.4%	40.0%	37.2%	35.0%	29.2%	29.22%
ROE 3Y Avg	snapshot only																				13.67%
ROE 5Y Avg	snapshot only																				12.07%
ROA 3Y Avg	snapshot only																				12.35%
ROIC 3Y Avg	snapshot only																				25.66%
ROIC Economic	snapshot only																				12.20%
Cash ROA	snapshot only																				12.41%
Cash ROIC	snapshot only																				32.00%
CROIC	snapshot only																				31.87%
NOPAT Margin	snapshot only																				25.73%
Pretax Margin	snapshot only																				36.34%
R&D / Revenue	snapshot only																				0.00%
SGA / Revenue	snapshot only																				49.93%
SBC / Revenue	snapshot only																				1.95%

Valuation

Metric	Q3'21	Q4'21	Q1'22	Q2'22	Q3'22	Q4'22	Q1'23	Q2'23	Q3'23	Q4'23	Q1'24	Q2'24	Q3'24	Q4'24	Q1'25	Q2'25	Q3'25	Q4'25	Q1'26	Q2'26	Current
P/E Ratio	34.88	25.99	23.34	29.80	24.70	19.92	22.68	19.20	21.93	32.75	28.80	31.88	51.92	48.36	56.28	66.59	57.29	53.85	39.75	32.43	25.282
P/S Ratio	5.39	5.10	5.17	5.74	5.57	4.42	5.41	4.89	6.17	9.59	8.42	9.44	14.89	14.09	16.87	19.93	17.58	16.62	12.25	10.03	7.836
P/B Ratio	2.81	2.37	2.33	2.48	2.23	1.86	2.29	2.12	2.71	3.99	3.57	4.08	6.51	6.15	7.50	9.02	8.27	7.59	5.73	4.76	0.004
P/FCF	23.19	20.37	20.38	24.12	16.79	13.18	14.64	15.06	14.15	23.01	21.30	25.39	44.70	41.81	48.55	43.21	44.25	44.71	35.17	34.45	34.455
P/OCF	22.69	19.81	19.87	23.80	16.54	13.07	14.49	14.33	12.75	20.66	19.10	23.35	44.58	41.37	48.06	42.93	43.92	44.62	35.05	34.32	34.316
EV/EBITDA	22.95	16.93	15.55	19.30	15.33	11.39	13.96	11.79	14.62	22.48	19.24	21.56	37.41	36.81	43.75	52.22	44.39	41.90	29.36	23.85	23.848
EV/Revenue	4.81	4.27	4.32	4.85	4.61	3.39	4.39	3.89	5.19	8.37	7.23	8.27	13.73	12.88	15.69	18.77	16.46	15.38	11.04	8.83	8.834
EV/EBIT	29.93	21.18	19.21	24.47	19.78	14.66	17.54	14.57	17.26	26.76	23.07	25.94	45.17	43.94	51.58	61.40	51.88	47.92	33.13	26.58	26.576
EV/FCF	20.70	17.06	17.02	20.37	13.89	10.12	11.89	11.99	11.90	20.09	18.28	22.24	41.22	38.24	45.15	40.69	41.43	41.37	31.69	30.35	30.353
Earnings Yield	2.9%	3.8%	4.3%	3.4%	4.0%	5.0%	4.4%	5.2%	4.6%	3.1%	3.5%	3.1%	1.9%	2.1%	1.8%	1.5%	1.7%	1.9%	2.5%	3.1%	3.08%
FCF Yield	4.3%	4.9%	4.9%	4.1%	6.0%	7.6%	6.8%	6.6%	7.1%	4.3%	4.7%	3.9%	2.2%	2.4%	2.1%	2.3%	2.3%	2.2%	2.8%	2.9%	2.90%
PEG Ratio	snapshot only																				2.212
Price/Tangible Book	snapshot only																				8.268
EV/OCF	snapshot only																				30.230
EV/Gross Profit	snapshot only																				10.394
Acquirers Multiple	snapshot only																				29.219
Shareholder Yield	snapshot only																				2.23%
Graham Number	snapshot only																				$4.72

Leverage & Solvency

Metric	Q3'21	Q4'21	Q1'22	Q2'22	Q3'22	Q4'22	Q1'23	Q2'23	Q3'23	Q4'23	Q1'24	Q2'24	Q3'24	Q4'24	Q1'25	Q2'25	Q3'25	Q4'25	Q1'26	Q2'26	Current
Current Ratio	3.05	3.19	3.19	3.19	3.19	4.36	4.36	4.36	4.36	6.44	6.44	6.44	6.44	6.45	6.45	6.45	6.45	6.09	6.09	6.09	6.090
Quick Ratio	3.05	3.19	3.19	3.19	3.19	4.36	4.36	4.36	4.36	6.44	6.44	6.44	6.44	6.45	6.45	6.45	6.45	6.09	6.09	6.09	6.090
Debt/Equity	0.18	0.15	0.15	0.15	0.15	0.07	0.07	0.07	0.07	0.02	0.02	0.02	0.02	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.010
Net Debt/Equity	-0.30	-0.38	-0.38	-0.38	-0.38	-0.43	-0.43	-0.43	-0.43	-0.51	-0.51	-0.51	-0.51	-0.53	-0.53	-0.53	-0.53	-0.57	-0.57	-0.57	-0.567
Debt/Assets	0.14	0.12	0.12	0.12	0.12	0.06	0.06	0.06	0.06	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.009
Debt/EBITDA	1.61	1.26	1.18	1.37	1.23	0.55	0.52	0.48	0.44	0.11	0.10	0.10	0.10	0.08	0.07	0.07	0.07	0.06	0.06	0.06	0.059
Net Debt/EBITDA	-2.77	-3.28	-3.07	-3.54	-3.20	-3.44	-3.23	-3.01	-2.76	-3.27	-3.18	-3.06	-3.15	-3.44	-3.29	-3.23	-3.01	-3.38	-3.22	-3.22	-3.223
Interest Coverage	46.52	55.18	505.08	540.98	250.25	248.40	118.17	87.78	108.10	97.93	142.64	196.20	200.34	212.94	198.09	177.77	169.53	149.07	154.75	165.50	165.502
Equity Multiplier	1.25	1.22	1.22	1.22	1.22	1.15	1.15	1.15	1.15	1.10	1.10	1.10	1.10	1.10	1.10	1.10	1.10	1.12	1.12	1.12	1.117
Cash Ratio	snapshot only																				5.165
Debt Service Coverage	snapshot only																				184.438
Cash to Debt	snapshot only																				56.020
FCF to Debt	snapshot only																				13.413
Defensive Interval	snapshot only																				939.7 days

Efficiency & Turnover

Metric	Q3'21	Q4'21	Q1'22	Q2'22	Q3'22	Q4'22	Q1'23	Q2'23	Q3'23	Q4'23	Q1'24	Q2'24	Q3'24	Q4'24	Q1'25	Q2'25	Q3'25	Q4'25	Q1'26	Q2'26	Current
Asset Turnover	0.42	0.39	0.38	0.36	0.33	0.35	0.35	0.36	0.36	0.38	0.39	0.40	0.40	0.40	0.41	0.41	0.43	0.42	0.43	0.44	0.440
Inventory Turnover	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—
Receivables Turnover	5.63	5.32	5.15	4.94	4.57	5.11	5.16	5.27	5.35	6.72	6.83	6.97	7.06	6.60	6.72	6.84	7.10	5.79	5.92	6.02	6.017
Payables Turnover	19.86	15.74	13.75	11.33	7.53	7.02	6.95	7.05	7.36	7.82	7.84	8.15	8.11	12.39	11.77	10.99	10.39	13.45	13.44	12.89	12.892
DSO	65	69	71	74	80	71	71	69	68	54	53	52	52	55	54	53	51	63	62	61	60.7 days
DIO	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0.0 days
DPO	18	23	27	32	48	52	53	52	50	47	47	45	45	29	31	33	35	27	27	28	28.3 days
Cash Conversion Cycle	46	45	44	42	31	19	18	17	19	8	7	8	7	26	23	20	16	36	34	32	32.3 days
Fixed Asset Turnover	snapshot only																				39.029
Cash Velocity	snapshot only																				0.823
Capital Intensity	snapshot only																				2.354

Growth (YoY)

Metric	Q3'21	Q4'21	Q1'22	Q2'22	Q3'22	Q4'22	Q1'23	Q2'23	Q3'23	Q4'23	Q1'24	Q2'24	Q3'24	Q4'24	Q1'25	Q2'25	Q3'25	Q4'25	Q1'26	Q2'26	Current
Revenue	17.2%	4.8%	-0.6%	-6.2%	-18.6%	-14.1%	-10.5%	-4.7%	4.5%	5.8%	6.8%	6.5%	6.4%	7.1%	7.2%	7.0%	9.7%	10.5%	11.0%	10.9%	10.86%
Net Income	2.0%	1.6%	1.3%	28.3%	18.7%	-2.8%	-3.7%	26.0%	30.3%	39.6%	30.9%	24.0%	8.4%	6.6%	9.9%	8.1%	17.4%	17.1%	14.2%	14.5%	14.54%
EPS	2.0%	1.6%	1.3%	28.5%	21.9%	4.2%	1.0%	33.1%	35.0%	40.8%	30.3%	22.8%	7.3%	3.1%	8.4%	6.2%	16.3%	15.8%	14.0%	15.1%	15.08%
FCF	2.9%	48.2%	17.4%	-9.1%	16.1%	15.2%	30.3%	30.0%	37.4%	31.5%	14.3%	22.0%	-18.8%	-13.4%	-5.8%	32.7%	30.9%	22.0%	11.4%	-30.0%	-30.04%
EBITDA	1.2%	1.0%	80.9%	19.9%	16.7%	1.6%	1.3%	25.3%	23.4%	32.2%	27.5%	23.7%	10.0%	0.7%	2.4%	0.2%	10.9%	15.9%	16.5%	14.3%	14.27%
Op. Income	72.5%	95.7%	74.2%	1.3%	1.0%	52.6%	30.6%	17.3%	13.0%	15.3%	13.1%	9.2%	-3.4%	-1.3%	4.8%	5.6%	22.5%	23.9%	25.2%	31.2%	31.21%
OCF Growth	snapshot only																				-30.21%
Asset Growth	snapshot only																				7.23%
Equity Growth	snapshot only																				5.69%
Debt Growth	snapshot only																				-6.44%
Shares Change	snapshot only																				-0.47%
Dividend Growth	snapshot only																				-3.57%

Growth (CAGR)

Metric	Q3'21	Q4'21	Q1'22	Q2'22	Q3'22	Q4'22	Q1'23	Q2'23	Q3'23	Q4'23	Q1'24	Q2'24	Q3'24	Q4'24	Q1'25	Q2'25	Q3'25	Q4'25	Q1'26	Q2'26	Current
Revenue 3Y	2.0%	-1.6%	-4.4%	-5.5%	-7.5%	-5.2%	-3.1%	-1.2%	-0.1%	-1.6%	-1.7%	-1.6%	-3.3%	-0.9%	0.8%	2.8%	6.9%	7.8%	8.3%	8.1%	8.10%
Revenue 5Y	10.2%	8.4%	6.1%	3.6%	0.6%	-1.0%	-1.3%	-1.8%	-2.0%	-2.8%	-3.5%	-3.0%	-2.5%	-0.7%	0.8%	1.9%	3.1%	2.4%	2.5%	2.5%	2.47%
EPS 3Y	13.5%	14.3%	10.7%	0.9%	-1.0%	9.9%	20.3%	41.5%	69.5%	55.5%	44.4%	28.1%	20.9%	14.8%	12.6%	20.2%	19.0%	18.9%	17.2%	14.5%	14.49%
EPS 5Y	—	—	36.5%	13.7%	10.2%	8.1%	11.2%	13.2%	19.2%	17.0%	12.3%	10.9%	7.1%	14.0%	19.7%	29.9%	43.5%	35.0%	30.0%	20.8%	20.75%
Net Income 3Y	12.8%	13.2%	9.4%	-0.3%	-2.6%	6.5%	17.5%	38.1%	66.6%	52.0%	42.4%	26.1%	18.8%	13.1%	11.5%	19.1%	18.4%	20.4%	18.0%	15.4%	15.35%
Net Income 5Y	—	—	35.9%	13.0%	9.2%	6.0%	9.4%	11.3%	17.3%	14.5%	10.6%	9.1%	5.5%	12.4%	18.5%	28.7%	42.5%	34.4%	29.3%	19.9%	19.93%
EBITDA 3Y	7.6%	8.3%	5.6%	-1.6%	-1.9%	5.4%	14.5%	28.6%	45.9%	39.4%	32.7%	23.0%	16.6%	10.6%	9.8%	15.8%	14.6%	15.5%	15.0%	12.3%	12.33%
EBITDA 5Y	—	34.6%	19.8%	7.7%	6.5%	4.4%	6.8%	8.1%	12.4%	11.3%	8.8%	8.1%	5.1%	9.3%	14.4%	21.4%	30.5%	25.9%	22.7%	16.3%	16.33%
Gross Profit 3Y	-4.3%	-2.9%	-4.3%	-3.8%	-3.7%	-2.7%	1.1%	4.2%	5.5%	5.2%	4.8%	6.1%	6.4%	4.6%	5.3%	6.0%	7.6%	10.6%	11.1%	11.2%	11.22%
Gross Profit 5Y	7.1%	7.7%	5.8%	4.2%	3.0%	0.5%	0.4%	-0.1%	-0.1%	-1.0%	-1.7%	-1.4%	-1.3%	1.2%	4.0%	6.2%	8.1%	8.4%	8.3%	9.4%	9.39%
Op. Income 3Y	-10.9%	-6.3%	-5.9%	-3.3%	-3.8%	3.4%	12.9%	31.6%	58.0%	51.0%	37.0%	43.8%	30.2%	20.2%	15.7%	10.6%	10.2%	12.1%	14.1%	14.8%	14.82%
Op. Income 5Y	—	33.1%	13.8%	6.6%	4.9%	2.5%	4.3%	5.3%	10.1%	7.7%	4.2%	3.0%	-0.6%	4.7%	11.2%	21.3%	36.1%	33.3%	27.5%	32.8%	32.75%
FCF 3Y	1.7%	38.6%	25.5%	21.2%	16.0%	24.6%	52.8%	21.2%	83.9%	30.9%	20.5%	13.0%	9.0%	9.5%	11.9%	28.2%	13.5%	11.6%	6.2%	4.2%	4.25%
FCF 5Y	30.5%	65.6%	62.6%	45.0%	26.2%	82.4%	36.8%	39.8%	1.0%	32.1%	24.1%	23.1%	11.7%	17.1%	30.9%	23.6%	45.9%	18.8%	12.9%	6.0%	6.01%
OCF 3Y	36.5%	35.3%	24.7%	21.2%	16.1%	10.0%	22.6%	5.4%	39.4%	28.3%	22.1%	14.9%	8.3%	8.8%	11.4%	27.9%	13.2%	11.3%	6.0%	2.7%	2.69%
OCF 5Y	30.3%	60.8%	58.3%	42.5%	21.9%	22.0%	14.6%	14.3%	34.5%	32.4%	25.7%	24.8%	11.5%	8.7%	14.7%	12.7%	21.2%	14.9%	11.4%	5.4%	5.40%
Assets 3Y	5.2%	3.7%	3.7%	3.7%	3.7%	-2.3%	-2.3%	-2.3%	-2.3%	-1.8%	-1.8%	-1.8%	-1.8%	-2.1%	-2.1%	-2.1%	-2.1%	3.9%	3.9%	3.9%	3.91%
Assets 5Y	8.0%	7.4%	7.4%	7.4%	7.4%	1.4%	1.4%	1.4%	1.4%	0.5%	0.5%	0.5%	0.5%	-0.5%	-0.5%	-0.5%	-0.5%	0.7%	0.7%	0.7%	0.70%
Equity 3Y	6.0%	4.4%	4.4%	4.4%	4.4%	-0.2%	-0.2%	-0.2%	-0.2%	2.5%	2.5%	2.5%	2.5%	1.2%	1.2%	1.2%	1.2%	4.9%	4.9%	4.9%	4.90%
Book Value 3Y	6.7%	5.3%	5.6%	5.6%	6.1%	3.0%	2.1%	2.2%	1.5%	4.9%	4.0%	4.1%	4.3%	2.7%	2.2%	2.2%	1.7%	3.6%	4.2%	4.1%	4.11%
Dividend 3Y	0.6%	0.9%	1.2%	1.2%	1.6%	3.2%	2.4%	16.6%	27.0%	37.3%	44.3%	26.9%	16.4%	8.3%	1.6%	1.5%	1.8%	-2.5%	-2.4%	-1.9%	-1.94%

Growth Quality

Metric	Q3'21	Q4'21	Q1'22	Q2'22	Q3'22	Q4'22	Q1'23	Q2'23	Q3'23	Q4'23	Q1'24	Q2'24	Q3'24	Q4'24	Q1'25	Q2'25	Q3'25	Q4'25	Q1'26	Q2'26	Current
Revenue Stability	0.55	0.50	0.30	0.16	0.02	0.01	0.07	0.35	0.21	0.67	0.80	0.76	0.50	0.19	0.00	0.37	0.56	0.33	0.32	0.32	0.325
Earnings Stability	0.37	0.38	0.41	0.20	0.10	0.17	0.31	0.32	0.32	0.53	0.55	0.58	0.42	0.71	0.86	0.99	0.95	0.92	0.91	0.99	0.992
Margin Stability	0.92	0.95	0.96	0.92	0.87	0.92	0.93	0.91	0.87	0.91	0.92	0.91	0.87	0.93	0.93	0.92	0.91	0.90	0.90	0.88	0.881
Rev. Growth Consistency	0.50	0.50	0.00	0.00	0.00	0.00	0.00	0.00	0.50	0.50	0.50	0.50	1.00	1.00	1.00	1.00	1.00	1.00	1.00	1.00	1.000
Earn. Growth Consistency	0.50	0.50	0.50	1.00	1.00	0.00	0.00	1.00	1.00	0.50	0.50	1.00	1.00	1.00	1.00	1.00	1.00	1.00	1.00	1.00	1.000
FCF Positive Streak	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1
Earnings Persistence	0.50	0.50	0.50	0.89	0.93	0.99	0.99	0.90	0.88	0.84	0.88	0.90	0.97	0.97	0.96	0.97	0.93	0.93	0.94	0.94	0.942
Earnings Smoothness	0.00	0.12	0.22	0.75	0.83	0.97	0.96	0.77	0.74	0.67	0.73	0.79	0.92	0.94	0.91	0.92	0.84	0.84	0.87	0.86	0.864
ROE Trend	0.01	0.03	0.05	0.03	0.04	0.03	0.03	0.03	0.04	0.03	0.02	0.03	0.02	0.02	0.02	0.02	0.02	0.02	0.02	0.02	0.015
Gross Margin Trend	-0.11	-0.00	0.04	0.11	0.20	0.12	0.11	0.10	0.08	0.05	0.03	0.01	-0.02	0.02	0.03	0.04	0.06	0.06	0.05	0.06	0.056
FCF Margin Trend	0.11	0.09	0.10	0.03	0.18	0.12	0.13	0.08	0.15	0.12	0.08	0.09	-0.05	-0.04	-0.03	0.11	0.01	-0.00	-0.02	-0.13	-0.126
Sustainable Growth Rate	6.6%	8.1%	8.9%	7.2%	7.9%	7.8%	8.5%	8.8%	9.5%	9.4%	9.0%	9.4%	9.1%	9.1%	9.8%	10.0%	10.7%	11.0%	11.4%	11.7%	11.65%
Internal Growth Rate	5.6%	7.0%	7.8%	6.2%	6.9%	7.0%	7.8%	8.0%	8.7%	9.1%	8.7%	9.1%	8.8%	9.0%	9.7%	10.0%	10.8%	11.1%	11.5%	11.7%	11.74%

Cash Flow Quality

Metric	Q3'21	Q4'21	Q1'22	Q2'22	Q3'22	Q4'22	Q1'23	Q2'23	Q3'23	Q4'23	Q1'24	Q2'24	Q3'24	Q4'24	Q1'25	Q2'25	Q3'25	Q4'25	Q1'26	Q2'26	Current
OCF/Net Income	1.54	1.31	1.17	1.25	1.49	1.52	1.57	1.34	1.72	1.58	1.51	1.37	1.16	1.17	1.17	1.55	1.30	1.21	1.13	0.95	0.945
FCF/OCF	0.98	0.97	0.97	0.99	0.98	0.99	0.99	0.95	0.90	0.90	0.90	0.92	1.00	0.99	0.99	0.99	0.99	1.00	1.00	1.00	0.996
FCF/Net Income	snapshot only																				0.941
OCF/EBITDA	snapshot only																				0.789
CapEx/Revenue	0.5%	0.7%	0.7%	0.3%	0.5%	0.3%	0.4%	1.6%	4.8%	4.7%	4.5%	3.2%	0.1%	0.4%	0.4%	0.3%	0.3%	0.1%	0.1%	0.1%	0.12%
CapEx/Depreciation	snapshot only																				0.031
Accruals Ratio	-0.03	-0.02	-0.01	-0.02	-0.04	-0.04	-0.05	-0.03	-0.07	-0.07	-0.06	-0.04	-0.02	-0.02	-0.02	-0.07	-0.04	-0.03	-0.02	0.01	0.007
Sloan Accruals	snapshot only																				0.047
Cash Flow Adequacy	snapshot only																				4.089
Earnings Quality Score	snapshot only																				0.750

Dividends & Buybacks

Metric	Q3'21	Q4'21	Q1'22	Q2'22	Q3'22	Q4'22	Q1'23	Q2'23	Q3'23	Q4'23	Q1'24	Q2'24	Q3'24	Q4'24	Q1'25	Q2'25	Q3'25	Q4'25	Q1'26	Q2'26	Current
Dividend Yield	0.5%	0.5%	0.6%	0.5%	0.6%	0.7%	0.6%	1.0%	1.0%	0.8%	1.0%	0.9%	0.6%	0.6%	0.5%	0.4%	0.5%	0.4%	0.6%	0.7%	0.77%
Dividend/Share	$0.03	$0.03	$0.03	$0.03	$0.03	$0.03	$0.03	$0.05	$0.06	$0.08	$0.09	$0.09	$0.09	$0.09	$0.09	$0.09	$0.09	$0.09	$0.09	$0.09	$0.08
Payout Ratio	17.1%	14.2%	13.0%	15.6%	14.4%	14.6%	13.5%	18.2%	21.5%	25.3%	29.7%	28.7%	29.7%	28.9%	27.6%	27.0%	26.3%	23.7%	22.9%	22.7%	22.73%
FCF Payout Ratio	11.4%	11.2%	11.4%	12.6%	9.8%	9.7%	8.7%	14.3%	13.8%	17.8%	22.0%	22.9%	25.5%	25.0%	23.8%	17.5%	20.3%	19.7%	20.3%	24.1%	24.15%
Total Payout Ratio	31.9%	46.0%	42.9%	89.5%	1.6%	1.7%	1.6%	1.3%	57.6%	48.7%	74.2%	80.2%	74.7%	66.9%	42.7%	40.4%	38.9%	48.1%	59.4%	72.2%	72.25%
Div. Increase Streak	0	0	0	0	0	0	0	0	0	0	0	1	1	1	1	1	1	0	0	0	0
Chowder Number	0.00	0.01	0.01	0.01	0.01	0.01	0.01	0.48	0.95	1.42	1.89	0.96	0.50	0.22	0.02	0.02	0.04	-0.03	-0.04	-0.03	-0.029
Buyback Yield	0.4%	1.2%	1.3%	2.5%	6.0%	7.7%	6.3%	5.8%	1.6%	0.7%	1.5%	1.6%	0.9%	0.8%	0.3%	0.2%	0.2%	0.5%	0.9%	1.5%	1.53%
Net Buyback Yield	0.4%	1.2%	1.3%	2.5%	6.0%	7.7%	6.3%	5.8%	1.6%	0.7%	1.5%	1.6%	0.8%	0.8%	0.3%	0.2%	0.2%	0.4%	0.9%	1.5%	1.50%
Total Shareholder Return	0.9%	1.8%	1.8%	3.0%	6.6%	8.4%	6.9%	6.7%	2.6%	1.5%	2.5%	2.5%	1.4%	1.4%	0.8%	0.6%	0.7%	0.9%	1.4%	2.2%	2.20%

DuPont Factors

Metric	Q3'21	Q4'21	Q1'22	Q2'22	Q3'22	Q4'22	Q1'23	Q2'23	Q3'23	Q4'23	Q1'24	Q2'24	Q3'24	Q4'24	Q1'25	Q2'25	Q3'25	Q4'25	Q1'26	Q2'26	Current
Tax Burden (NI/EBT)	0.99	0.98	0.98	0.97	0.96	0.97	0.97	0.97	0.95	0.95	0.94	0.93	0.95	0.94	0.94	0.93	0.92	0.91	0.88	0.85	0.851
Interest Burden (EBT/EBIT)	0.97	0.99	1.01	1.01	1.00	0.99	0.99	0.98	0.99	0.99	0.99	0.99	1.00	1.06	1.05	1.05	1.05	1.05	1.05	1.09	1.093
EBIT Margin	0.16	0.20	0.22	0.20	0.23	0.23	0.25	0.27	0.30	0.31	0.31	0.32	0.30	0.29	0.30	0.31	0.32	0.32	0.33	0.33	0.332
Asset Turnover	0.42	0.39	0.38	0.36	0.33	0.35	0.35	0.36	0.36	0.38	0.39	0.40	0.40	0.40	0.41	0.41	0.43	0.42	0.43	0.44	0.440
Equity Multiplier	1.24	1.24	1.24	1.24	1.24	1.19	1.19	1.19	1.19	1.13	1.13	1.13	1.13	1.10	1.10	1.10	1.10	1.11	1.11	1.11	1.109

Per Share

Metric	Q3'21	Q4'21	Q1'22	Q2'22	Q3'22	Q4'22	Q1'23	Q2'23	Q3'23	Q4'23	Q1'24	Q2'24	Q3'24	Q4'24	Q1'25	Q2'25	Q3'25	Q4'25	Q1'26	Q2'26	Current
EPS (Diluted TTM)	$0.17	$0.21	$0.23	$0.19	$0.21	$0.22	$0.23	$0.25	$0.28	$0.31	$0.30	$0.31	$0.30	$0.31	$0.33	$0.33	$0.35	$0.36	$0.37	$0.38	$0.38
Book Value/Share	$2.14	$2.28	$2.30	$2.29	$2.32	$2.32	$2.29	$2.30	$2.29	$2.51	$2.44	$2.44	$2.42	$2.48	$2.45	$2.45	$2.45	$2.59	$2.59	$2.60	$2773.62
Tangible Book/Share	$1.05	$1.19	$1.20	$1.20	$1.21	$1.17	$1.15	$1.15	$1.15	$1.31	$1.28	$1.28	$1.27	$1.34	$1.33	$1.33	$1.33	$1.49	$1.49	$1.50	$1.50
Revenue/Share	$1.11	$1.06	$1.03	$0.99	$0.93	$0.98	$0.97	$1.00	$1.01	$1.04	$1.03	$1.05	$1.06	$1.08	$1.09	$1.11	$1.15	$1.18	$1.21	$1.23	$1.29
FCF/Share	$0.26	$0.27	$0.26	$0.24	$0.31	$0.33	$0.36	$0.32	$0.44	$0.43	$0.41	$0.39	$0.35	$0.36	$0.38	$0.51	$0.46	$0.44	$0.42	$0.36	$0.41
OCF/Share	$0.26	$0.27	$0.27	$0.24	$0.31	$0.33	$0.36	$0.34	$0.49	$0.48	$0.45	$0.43	$0.35	$0.37	$0.38	$0.51	$0.46	$0.44	$0.42	$0.36	$0.41
Cash/Share	$1.02	$1.22	$1.22	$1.22	$1.24	$1.16	$1.14	$1.15	$1.14	$1.31	$1.27	$1.28	$1.27	$1.33	$1.32	$1.31	$1.31	$1.49	$1.49	$1.50	$1450.68
EBITDA/Share	$0.23	$0.27	$0.29	$0.25	$0.28	$0.29	$0.31	$0.33	$0.36	$0.39	$0.39	$0.40	$0.39	$0.38	$0.39	$0.40	$0.43	$0.43	$0.45	$0.46	$0.46
Debt/Share	$0.37	$0.34	$0.34	$0.34	$0.34	$0.16	$0.16	$0.16	$0.16	$0.04	$0.04	$0.04	$0.04	$0.03	$0.03	$0.03	$0.03	$0.03	$0.03	$0.03	$0.03
Net Debt/Share	$-0.65	$-0.88	$-0.88	$-0.88	$-0.89	$-1.00	$-0.99	$-0.99	$-0.99	$-1.27	$-1.23	$-1.24	$-1.23	$-1.30	$-1.29	$-1.29	$-1.29	$-1.47	$-1.47	$-1.47	$-1.47

Academic Models

Metric	Q3'21	Q4'21	Q1'22	Q2'22	Q3'22	Q4'22	Q1'23	Q2'23	Q3'23	Q4'23	Q1'24	Q2'24	Q3'24	Q4'24	Q1'25	Q2'25	Q3'25	Q4'25	Q1'26	Q2'26	Current
Altman Z-Score	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	25.516
Altman Z-Prime	snapshot only																				46.125
Piotroski F-Score	7	8	7	8	8	6	7	8	7	8	8	7	8	8	8	8	8	7	7	7	7
Beneish M-Score	-2.47	-3.05	-2.84	-2.88	-3.01	-2.78	-2.96	-2.84	-3.02	-3.01	-3.01	-2.90	-2.86	-2.25	-2.25	-2.48	-2.35	-2.46	-2.42	-2.32	-2.321
Ohlson O-Score	snapshot only																				-11.168
ROIC (Greenblatt)	snapshot only																				27.17%
Net-Net WC	snapshot only																				$1.46
EVA	snapshot only																				$3900113.54

Credit

Metric	Q3'21	Q4'21	Q1'22	Q2'22	Q3'22	Q4'22	Q1'23	Q2'23	Q3'23	Q4'23	Q1'24	Q2'24	Q3'24	Q4'24	Q1'25	Q2'25	Q3'25	Q4'25	Q1'26	Q2'26	Current
Credit Rating	snapshot only																				AA+
Credit Score	93.26	93.61	93.49	93.49	93.55	95.42	95.20	95.84	94.88	95.47	94.92	94.99	94.88	95.11	94.91	94.96	94.72	94.86	94.85	95.00	94.995
Credit Grade	snapshot only																				2
Credit Trend	snapshot only																				0.032
Implied Spread (bps)	snapshot only																				65.000
Industry Credit Rank	snapshot only																				89
Sector Credit Rank	snapshot only																				87

TRAK NYSE

Edge Score

Analyst Insights

Financial Rating

InsiderStreet Scorecard

Risk & Quality Signals

Valuation

DuPont Decomposition (5-Factor)

Graham-Dodd Adjusted Valuation

Profitability Trends

Leverage & Solvency Trends

Efficiency & Working Capital Trends

Growth Trends (YoY %)

Earnings Stability

Monte Carlo Price Simulation

Executive Compensation

C-Suite Compensation

CEO Pay Ratio

C-Suite Pay Equality (Gini)

CEO Compensation Mix

Workforce & Productivity

Scaling Efficiency

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