TFI INTERNATIONAL INC (TFII.CA) Stock Fundamental Analysis
TSX:TFII - Toronto Stock Exchange - CA87241L1094 - Common Stock - Currency: CAD
Overall TFII gets a fundamental rating of 5 out of 10. We evaluated TFII against 5 industry peers in the Ground Transportation industry. TFII has only an average score on both its financial health and profitability. TFII has a decent growth rate and is not valued too expensively.
1. Profitability
1.1 Basic Checks
TFII had positive earnings in the past year.
In the past year TFII had a positive cash flow from operations.
TFII had positive earnings in each of the past 5 years.
In the past 5 years TFII always reported a positive cash flow from operatings.
1.2 Ratios
TFII has a Return On Assets of 5.42%. This is in the better half of the industry: TFII outperforms 80.00% of its industry peers.
Looking at the Return On Equity, with a value of 14.66%, TFII is in the better half of the industry, outperforming 80.00% of the companies in the same industry.
TFII has a Return On Invested Capital of 8.26%. This is in the better half of the industry: TFII outperforms 80.00% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for TFII is above the industry average of 7.38%.
| 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's Profit Margin of 4.54% is on the low side compared to the rest of the industry. TFII is outperformed by 60.00% of its industry peers.
TFII's Profit Margin has declined in the last couple of years.
Looking at the Operating Margin, with a value of 7.88%, TFII is doing worse than 60.00% of the companies in the same industry.
In the last couple of years the Operating Margin of TFII has remained more or less at the same level.
TFII has a worse Gross Margin (50.28%) than 60.00% of its industry peers.
In the last couple of years the Gross Margin of TFII has grown nicely.
| 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.
Compared to 1 year ago, TFII has about the same amount of shares outstanding.
Compared to 5 years ago, TFII has more shares outstanding
The debt/assets ratio for TFII is higher compared to a year ago.
2.2 Solvency
An Altman-Z score of 2.85 indicates that TFII is not a great score, but indicates only limited risk for bankruptcy at the moment.
TFII's Altman-Z score of 2.85 is amongst the best of the industry. TFII outperforms 100.00% of its industry peers.
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 better Debt to FCF ratio (4.26) than 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.
With a Debt to Equity ratio value of 1.03, TFII is not doing good in the industry: 60.00% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.03 | ||
| Debt/FCF | 4.26 | ||
| Altman-Z | 2.85 |
ROIC/WACC0.98
WACC8.45%
2.3 Liquidity
TFII has a Current Ratio of 1.03. This is a normal value and indicates that TFII is financially healthy and should not expect problems in meeting its short term obligations.
With a decent Current ratio value of 1.03, TFII is doing good in the industry, outperforming 80.00% of the companies in the same industry.
A Quick Ratio of 1.02 indicates that TFII should not have too much problems paying its short term obligations.
Looking at the Quick ratio, with a value of 1.02, TFII is in the better half of the industry, outperforming 80.00% of the companies in the same industry.
| 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.
Measured over the past years, TFII shows a quite strong growth in Earnings Per Share. The EPS has been growing by 14.09% on average per year.
Looking at the last year, TFII shows a quite strong growth in Revenue. The Revenue has grown by 12.58% in the last year.
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
Based on estimates for the next years, TFII will show a quite strong growth in Earnings Per Share. The EPS will grow by 14.59% on average per year.
Based on estimates for the next years, TFII will show a small growth in Revenue. The Revenue will grow by 5.31% on average per year.
EPS Next Y-1.23%
EPS Next 2Y12.29%
EPS Next 3Y13.77%
EPS Next 5Y14.59%
Revenue Next Year-3.79%
Revenue Next 2Y0.37%
Revenue Next 3Y2.47%
Revenue Next 5Y5.31%
3.3 Evolution
The EPS growth rate is stable: in the next years the growth will be about the same than in the last years.
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
TFII is valuated rather expensively with a Price/Earnings ratio of 17.01.
Based on the Price/Earnings ratio, TFII is valued a bit cheaper than 80.00% of the companies in the same industry.
TFII's Price/Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 27.53.
A Price/Forward Earnings ratio of 12.36 indicates a correct valuation of TFII.
Based on the Price/Forward Earnings ratio, TFII is valued a bit cheaper than the industry average as 80.00% of the companies are valued more expensively.
The average S&P500 Price/Forward Earnings ratio is at 36.71. TFII is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 17.01 | ||
| Fwd PE | 12.36 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, TFII is valued a bit cheaper than the industry average as 80.00% of the companies are valued more expensively.
Based on the Price/Free Cash Flow ratio, TFII is valued a bit cheaper than 80.00% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 10.7 | ||
| EV/EBITDA | 8.06 |
4.3 Compensation for Growth
A more expensive valuation may be justified as TFII's earnings are expected to grow with 13.77% in the coming years.
PEG (NY)N/A
PEG (5Y)1.21
EPS Next 2Y12.29%
EPS Next 3Y13.77%
5. Dividend
5.1 Amount
TFII has a Yearly Dividend Yield of 2.11%.
TFII's Dividend Yield is comparable with the industry average which is at 2.83.
TFII's Dividend Yield is comparable with the S&P500 average which is at 2.34.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.11% |
5.2 History
The dividend of TFII is nicely growing with an annual growth rate of 17.09%!
TFII has paid a dividend for at least 10 years, which is a reliable track record.
TFII has decreased its dividend 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 (7/22/2025, 7:00:00 PM)
122.27
+1.57 (+1.3%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupTransportation
GICS IndustryGround Transportation
Earnings (Last)
Earnings (Next)
Inst Owners73.64%
Inst Owner ChangeN/A
Ins Owners6.38%
Ins Owner ChangeN/A
Market Cap10.15B
Analysts76
Price Target141.26 (15.53%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.11% |
Yearly Dividend2.18
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)-0.59%
PT rev (3m)-13.56%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-16.68%
EPS NY rev (1m)0%
EPS NY rev (3m)0%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-4.86%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-4.33%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 17.01 | ||
| Fwd PE | 12.36 | ||
| P/S | 0.87 | ||
| P/FCF | 10.7 | ||
| P/OCF | 7.03 | ||
| P/B | 2.82 | ||
| P/tB | N/A | ||
| EV/EBITDA | 8.06 |
EPS(TTM)7.19
EY5.88%
EPS(NY)9.89
Fwd EY8.09%
FCF(TTM)11.42
FCFY9.34%
OCF(TTM)17.38
OCFY14.21%
SpS139.81
BVpS43.33
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 | 2.85 |
F-Score6
WACC8.45%
ROIC/WACC0.98
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 5Y14.59%
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 5Y5.31%
EBIT growth 1Y-7.88%
EBIT growth 3Y3.89%
EBIT growth 5Y16.69%
EBIT Next Year54.57%
EBIT Next 3Y25.99%
EBIT Next 5Y18.48%
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%