Can you afford to ignore these small-cap growth greats?

Royston Wild takes a look at two FTSE small-caps with electrifying earnings potential.

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Industrial bolts and fasteners expert Trifast (LSE: TRI) has made itself a critical component provider for the world’s blue chip manufacturers.

From computers and refrigerators through to automobiles, Trifast’s products can be found across a wide range of applications, providing the firm with terrific earnings visibility as it doesn’t suffer from moderating activity in one or two segments.

And the East Sussex company’s broad geographical presence — Trifast operates in 17 countries across Europe, North American and Asia — provides the bottom line with an extra layer of security. Indeed, Trifast’s growth model involves tracking key global OEMs around the globe and setting up operating centres to build strong client relationships and provide a very personalised service.

And the bolt builder remains busy on the organic expansion front, as well as making acquisitions like that of Germany’s Kuhlmann last year, to boost its global presence even further. Just this month Trifast opened a new distribution and technical hub in Barcelona to service the important auto industry in Spain.

City experts expect earnings at Trifast to slow from the double-digit earnings rises of recent years, with advances of 4% and 3% pencilled-in for the periods to March 2017 and 2018 respectively.

These figures result in P/E ratios of 16.2 times and 15.8 times, just above a bellwether reading of 15 times generally considered attractive value by stock investors. But I believe Trifast’s rising presence in developed and emerging economies alike makes the manufacturer one to watch.

Try this on for size

The stellar brand power of Jimmy Choo (LSE: CHOO) makes the shoe designer a splendid stock for those seeking explosive earnings expansion in the near term and beyond.

The City expects earnings to soar 28% in 2016, although this still results in a lofty P/E ratio of 21 times. However, this reading slips to 16.8 times for 2017 thanks to an anticipated 17% bottom-line bounce. And I expect the bottom line to keep soaring as Jimmy Choo’s expansion scheme clicks through the gears.

Jimmy Choo saw revenues shoot 9.2% higher during January-June, to £173.1m, led by further strong progress in Asia where sales — excluding Japan — shot 22.1% higher. And the shoemaker believes it remains “underpenetrated” in the continent, and plans to open further stores in the region. In total Jimmy Choo plans to have 200 directly-owned stores up and running worldwide, up from 147 at present.

The fashion star is also steadily building its network of franchise outlets, with new stores opened in Australia, Japan, Kazakhstan, Qatar, Chile, Macau and South Korea in the first half.

On top of this, Jimmy Choo is also ramping up its presence in the men’s footwear segment. The company noted in August that this is its quickest-growing segment, and Jimy Choo expects that the division “will come to represent a proportion of our revenue well into double-digits,” up from 8% at present.

Like Trifast, I reckon there are plenty of catalysts to drive earnings at Jimmy Choo to the stars.

Should you invest, the value of your investment may rise or fall and your capital is at risk. Before investing, your individual circumstances should be assessed. Consider taking independent financial advice.

Royston Wild has no position in any shares mentioned. The Motley Fool UK has no position in any of the shares mentioned. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors.

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