TFI INTERNATIONAL INC (TFII.CA) Stock Fundamental Analysis
TSX:TFII - Toronto Stock Exchange - CA87241L1094 - Common Stock - Currency: CAD
We assign a fundamental rating of 5 out of 10 to TFII. TFII was compared to 6 industry peers in the Ground Transportation industry. TFII has only an average score on both its financial health and profitability. TFII is not valued too expensively and it also shows a decent growth rate.
1. Profitability
1.1 Basic Checks
In the past year TFII was profitable.
TFII had a positive operating cash flow in the past year.
Each year in the past 5 years TFII has been profitable.
TFII had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
TFII's Return On Assets of 5.42% is amongst the best of the industry. TFII outperforms 83.33% of its industry peers.
Looking at the Return On Equity, with a value of 14.66%, TFII belongs to the top of the industry, outperforming 83.33% of the companies in the same industry.
TFII has a better Return On Invested Capital (8.26%) than 83.33% of its industry peers.
TFII had an Average Return On Invested Capital over the past 3 years of 11.81%. This is above the industry average of 7.20%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.42% | ||
| ROE | 14.66% | ||
| ROIC | 8.26% |
ROA(3y)9.63%
ROA(5y)9.78%
ROE(3y)22.9%
ROE(5y)23.35%
ROIC(3y)11.81%
ROIC(5y)10.93%
1.3 Margins
TFII has a worse Profit Margin (4.54%) than 66.67% of its industry peers.
In the last couple of years the Profit Margin of TFII has declined.
The Operating Margin of TFII (7.88%) is worse than 66.67% of its industry peers.
TFII's Operating Margin has been stable in the last couple of years.
With a decent Gross Margin value of 50.28%, TFII is doing good in the industry, outperforming 66.67% of the companies in the same industry.
TFII's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 7.88% | ||
| PM (TTM) | 4.54% | ||
| GM | 50.28% |
OM growth 3Y-1.21%
OM growth 5Y0.12%
PM growth 3Y-21.62%
PM growth 5Y-3.42%
GM growth 3Y2.19%
GM growth 5Y2.12%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), TFII is creating some value.
TFII has about the same amout of shares outstanding than it did 1 year ago.
Compared to 5 years ago, TFII has more shares outstanding
Compared to 1 year ago, TFII has a worse debt to assets ratio.
2.2 Solvency
An Altman-Z score of 2.87 indicates that TFII is not a great score, but indicates only limited risk for bankruptcy at the moment.
With an excellent Altman-Z score value of 2.87, TFII belongs to the best of the industry, outperforming 83.33% of the companies in the same industry.
The Debt to FCF ratio of TFII is 4.26, which is a neutral value as it means it would take TFII, 4.26 years of fcf income to pay off all of its debts.
TFII has a Debt to FCF ratio of 4.26. This is amongst the best in the industry. TFII outperforms 100.00% of its industry peers.
TFII has a Debt/Equity ratio of 1.03. This is a high value indicating a heavy dependency on external financing.
TFII's Debt to Equity ratio of 1.03 is on the low side compared to the rest of the industry. TFII is outperformed by 66.67% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.03 | ||
| Debt/FCF | 4.26 | ||
| Altman-Z | 2.87 |
ROIC/WACC1.04
WACC7.98%
2.3 Liquidity
A Current Ratio of 1.03 indicates that TFII should not have too much problems paying its short term obligations.
The Current ratio of TFII (1.03) is better than 66.67% of its industry peers.
A Quick Ratio of 1.02 indicates that TFII should not have too much problems paying its short term obligations.
TFII's Quick ratio of 1.02 is fine compared to the rest of the industry. TFII outperforms 66.67% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.03 | ||
| Quick Ratio | 1.02 |
3. Growth
3.1 Past
The earnings per share for TFII have decreased strongly by -13.91% in the last year.
The Earnings Per Share has been growing by 14.09% on average over the past years. This is quite good.
The Revenue has grown by 12.58% in the past year. This is quite good.
Measured over the past years, TFII shows a quite strong growth in Revenue. The Revenue has been growing by 16.56% on average per year.
EPS 1Y (TTM)-13.91%
EPS 3Y3.08%
EPS 5Y14.09%
EPS Q2Q%-38.71%
Revenue 1Y (TTM)12.58%
Revenue growth 3Y5.16%
Revenue growth 5Y16.56%
Sales Q2Q%5%
3.2 Future
The Earnings Per Share is expected to grow by 14.68% on average over the next years. This is quite good.
The Revenue is expected to grow by 6.21% on average over the next years.
EPS Next Y-1.23%
EPS Next 2Y12.29%
EPS Next 3Y13.77%
EPS Next 5Y14.68%
Revenue Next Year-3.79%
Revenue Next 2Y0.37%
Revenue Next 3Y2.47%
Revenue Next 5Y6.21%
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is stable.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 17.12 indicates a rather expensive valuation of TFII.
Based on the Price/Earnings ratio, TFII is valued cheaper than 83.33% of the companies in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 24.95, TFII is valued a bit cheaper.
A Price/Forward Earnings ratio of 12.44 indicates a correct valuation of TFII.
83.33% of the companies in the same industry are more expensive than TFII, based on the Price/Forward Earnings ratio.
Compared to an average S&P500 Price/Forward Earnings ratio of 20.99, TFII is valued a bit cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 17.12 | ||
| Fwd PE | 12.44 |
4.2 Price Multiples
83.33% of the companies in the same industry are more expensive than TFII, based on the Enterprise Value to EBITDA ratio.
Based on the Price/Free Cash Flow ratio, TFII is valued cheaper than 83.33% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 10.9 | ||
| EV/EBITDA | 8.17 |
4.3 Compensation for Growth
The decent profitability rating of TFII may justify a higher PE ratio.
TFII's earnings are expected to grow with 13.77% in the coming years. This may justify a more expensive valuation.
PEG (NY)N/A
PEG (5Y)1.21
EPS Next 2Y12.29%
EPS Next 3Y13.77%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 2.26%, TFII has a reasonable but not impressive dividend return.
In the last 3 months the price of TFII has falen by -30.96%. A price decline artificially increases the dividend yield. It may be a sign investors do not expect the dividend to last.
Compared to an average industry Dividend Yield of 3.60, TFII has a dividend in line with its industry peers.
TFII's Dividend Yield is comparable with the S&P500 average which is at 2.41.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.26% |
5.2 History
On average, the dividend of TFII grows each year by 17.09%, which is quite nice.
TFII has been paying a dividend for at least 10 years, so it has a reliable track record.
The dividend of TFII decreased in the last 3 years.
Dividend Growth(5Y)17.09%
Div Incr Years2
Div Non Decr Years2
5.3 Sustainability
35.91% of the earnings are spent on dividend by TFII. This is a low number and sustainable payout ratio.
TFII's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DP35.91%
EPS Next 2Y12.29%
EPS Next 3Y13.77%
TSX:TFII (5/13/2025, 7:00:00 PM)
126
+0.56 (+0.45%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupTransportation
GICS IndustryGround Transportation
Earnings (Last)
Earnings (Next)
Inst Owners75.6%
Inst Owner ChangeN/A
Ins Owners6.03%
Ins Owner ChangeN/A
Market Cap10.58B
Analysts76
Price Target140.52 (11.52%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.26% |
Yearly Dividend2.21
Dividend Growth(5Y)17.09%
DP35.91%
Div Incr Years2
Div Non Decr Years2
Ex-Date
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-24.67%
Min EPS beat(2)-26.96%
Max EPS beat(2)-22.39%
EPS beat(4)1
Avg EPS beat(4)-14.35%
Min EPS beat(4)-26.96%
Max EPS beat(4)3.74%
EPS beat(8)2
Avg EPS beat(8)-11.23%
EPS beat(12)4
Avg EPS beat(12)-4.51%
EPS beat(16)8
Avg EPS beat(16)4.22%
Revenue beat(2)0
Avg Revenue beat(2)-6.39%
Min Revenue beat(2)-6.55%
Max Revenue beat(2)-6.23%
Revenue beat(4)0
Avg Revenue beat(4)-5.05%
Min Revenue beat(4)-6.55%
Max Revenue beat(4)-2.27%
Revenue beat(8)0
Avg Revenue beat(8)-3.91%
Revenue beat(12)1
Avg Revenue beat(12)-4.06%
Revenue beat(16)5
Avg Revenue beat(16)0.28%
PT rev (1m)-14.02%
PT rev (3m)-31.28%
EPS NQ rev (1m)-17.4%
EPS NQ rev (3m)-39.3%
EPS NY rev (1m)-5.77%
EPS NY rev (3m)-27.7%
Revenue NQ rev (1m)-4.99%
Revenue NQ rev (3m)-10.01%
Revenue NY rev (1m)-4.33%
Revenue NY rev (3m)-10.23%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 17.12 | ||
| Fwd PE | 12.44 | ||
| P/S | 0.89 | ||
| P/FCF | 10.9 | ||
| P/OCF | 7.16 | ||
| P/B | 2.87 | ||
| P/tB | N/A | ||
| EV/EBITDA | 8.17 |
EPS(TTM)7.36
EY5.84%
EPS(NY)10.13
Fwd EY8.04%
FCF(TTM)11.56
FCFY9.18%
OCF(TTM)17.59
OCFY13.96%
SpS141.51
BVpS43.86
TBVpS-0.05
PEG (NY)N/A
PEG (5Y)1.21
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.42% | ||
| ROE | 14.66% | ||
| ROCE | 11.02% | ||
| ROIC | 8.26% | ||
| ROICexc | 8.28% | ||
| ROICexgc | 14.66% | ||
| OM | 7.88% | ||
| PM (TTM) | 4.54% | ||
| GM | 50.28% | ||
| FCFM | 8.17% |
ROA(3y)9.63%
ROA(5y)9.78%
ROE(3y)22.9%
ROE(5y)23.35%
ROIC(3y)11.81%
ROIC(5y)10.93%
ROICexc(3y)12.24%
ROICexc(5y)11.2%
ROICexgc(3y)20.24%
ROICexgc(5y)19.48%
ROCE(3y)15.76%
ROCE(5y)14.58%
ROICexcg growth 3Y-5.37%
ROICexcg growth 5Y-1.39%
ROICexc growth 3Y-6.67%
ROICexc growth 5Y1.25%
OM growth 3Y-1.21%
OM growth 5Y0.12%
PM growth 3Y-21.62%
PM growth 5Y-3.42%
GM growth 3Y2.19%
GM growth 5Y2.12%
F-Score6
Asset Turnover1.19
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.03 | ||
| Debt/FCF | 4.26 | ||
| Debt/EBITDA | 2.11 | ||
| Cap/Depr | 58.7% | ||
| Cap/Sales | 4.26% | ||
| Interest Coverage | 3.93 | ||
| Cash Conversion | 82.12% | ||
| Profit Quality | 179.87% | ||
| Current Ratio | 1.03 | ||
| Quick Ratio | 1.02 | ||
| Altman-Z | 2.87 |
F-Score6
WACC7.98%
ROIC/WACC1.04
Cap/Depr(3y)77.96%
Cap/Depr(5y)70.47%
Cap/Sales(3y)4.55%
Cap/Sales(5y)4.26%
Profit Quality(3y)120.13%
Profit Quality(5y)121.28%
High Growth Momentum
Growth
EPS 1Y (TTM)-13.91%
EPS 3Y3.08%
EPS 5Y14.09%
EPS Q2Q%-38.71%
EPS Next Y-1.23%
EPS Next 2Y12.29%
EPS Next 3Y13.77%
EPS Next 5Y14.68%
Revenue 1Y (TTM)12.58%
Revenue growth 3Y5.16%
Revenue growth 5Y16.56%
Sales Q2Q%5%
Revenue Next Year-3.79%
Revenue Next 2Y0.37%
Revenue Next 3Y2.47%
Revenue Next 5Y6.21%
EBIT growth 1Y-7.88%
EBIT growth 3Y3.89%
EBIT growth 5Y16.69%
EBIT Next Year71.22%
EBIT Next 3Y27.66%
EBIT Next 5Y18.73%
FCF growth 1Y-4.15%
FCF growth 3Y4.62%
FCF growth 5Y24.3%
OCF growth 1Y-0.99%
OCF growth 3Y7.5%
OCF growth 5Y16.82%