Trio-Tech (TRT) Fair Value = $131.53 Per Share

Trio-Tech International (TRT)'s fair value is now $131.53 per share after Aehr Test Systems (AEHR) gained by 14.80% yesterday to $40.88 per share where its enterprise value is now 23.12x revenue.

TRT's revenue grew by 81.60% last quarter due to rapidly growing AI revenues from AMD, and this was prior to their newly signed automotive contract, which is almost definitely for their pre-existing client Infineon and involving their brand-new product the Dynamic HTOL Electric Vehicle Power Module Test System for the upcoming launch of the Rivian R2, which promises to be the biggest new EV launch in the U.S. since the Tesla Model 3!

TRT isn't rising as fast as QI Materials (CSE: QIMC) so nobody is paying any attention yet, but they will soon!

Past performance is not an indicator of future returns. NIA is not an investment advisor and does not provide investment advice. Always do your own research and make your own investment decisions. NIA has received compensation from QIMC of US$50,000 cash for a six-month marketing contract. This message is for informational and educational purposes only and does not provide investment advice.