TFI INTERNATIONAL INC (TFII.CA) Stock Fundamental Analysis
TSX:TFII - CA87241L1094 - Common Stock
130.13 CAD
+0.01 (+0.01%)
TFII gets a fundamental rating of 6 out of 10. The analysis compared the fundamentals against 6 industry peers in the Ground Transportation industry. While TFII belongs to the best of the industry regarding profitability, there are some minor concerns on its financial health. TFII has a correct valuation and a medium growth rate.
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.
Each year in the past 5 years TFII has been profitable.
Each year in the past 5 years TFII had a positive operating cash flow.
1.2 Ratios
The Return On Assets of TFII (5.08%) is better than 83.33% of its industry peers.
TFII has a better Return On Equity (13.67%) than 83.33% of its industry peers.
The Return On Invested Capital of TFII (7.62%) is better 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 6.89%.
The last Return On Invested Capital (7.62%) for TFII is well below the 3 year average (11.81%), which needs to be investigated, but indicates that TFII had better years and this may not be a problem.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.08% | ||
| ROE | 13.67% | ||
| ROIC | 7.62% |
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 4.43% is on the low side compared to the rest of the industry. TFII is outperformed by 66.67% of its industry peers.
In the last couple of years the Profit Margin of TFII has declined.
With a Operating Margin value of 7.60%, TFII is not doing good in the industry: 66.67% of the companies in the same industry are doing better.
TFII's Operating Margin has been stable in the last couple of years.
TFII has a Gross Margin (50.27%) which is in line with its industry peers.
In the last couple of years the Gross Margin of TFII has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 7.6% | ||
| PM (TTM) | 4.43% | ||
| GM | 50.27% |
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
The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so TFII is still creating some value.
The number of shares outstanding for TFII remains at a similar level compared to 1 year ago.
Compared to 5 years ago, TFII has more shares outstanding
TFII has a worse debt/assets ratio than last year.
2.2 Solvency
TFII has an Altman-Z score of 2.82. This is not the best score and indicates that TFII is in the grey zone with still only limited risk for bankruptcy at the moment.
Looking at the Altman-Z score, with a value of 2.82, TFII belongs to the top of the industry, outperforming 83.33% of the companies in the same industry.
TFII has a debt to FCF ratio of 4.14. This is a neutral value as TFII would need 4.14 years to pay back of all of its debts.
With an excellent Debt to FCF ratio value of 4.14, TFII belongs to the best of the industry, outperforming 100.00% of the companies in the same industry.
TFII has a Debt/Equity ratio of 1.04. This is a high value indicating a heavy dependency on external financing.
TFII has a Debt to Equity ratio of 1.04. This is in the better half of the industry: TFII outperforms 66.67% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.04 | ||
| Debt/FCF | 4.14 | ||
| Altman-Z | 2.82 |
ROIC/WACC0.87
WACC8.74%
2.3 Liquidity
TFII has a Current Ratio of 1.05. This is a normal value and indicates that TFII is financially healthy and should not expect problems in meeting its short term obligations.
TFII's Current ratio of 1.05 is fine compared to the rest of the industry. TFII outperforms 66.67% of its industry peers.
TFII has a Quick 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 Quick ratio value of 1.03, TFII is doing good in the industry, outperforming 66.67% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.05 | ||
| Quick Ratio | 1.03 |
3. Growth
3.1 Past
The earnings per share for TFII have decreased strongly by -21.51% 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.
The Revenue has been growing slightly by 3.10% in the past year.
The Revenue has been growing by 16.56% on average over the past years. This is quite good.
EPS 1Y (TTM)-21.51%
EPS 3Y3.08%
EPS 5Y14.09%
EPS Q2Q%-21.64%
Revenue 1Y (TTM)3.1%
Revenue growth 3Y5.16%
Revenue growth 5Y16.56%
Sales Q2Q%-20.78%
3.2 Future
The Earnings Per Share is expected to grow by 13.31% on average over the next years. This is quite good.
The Revenue is expected to grow by 3.74% on average over the next years.
EPS Next Y-18.68%
EPS Next 2Y3.99%
EPS Next 3Y9%
EPS Next 5Y13.31%
Revenue Next Year-5.08%
Revenue Next 2Y-0.63%
Revenue Next 3Y1.08%
Revenue Next 5Y3.74%
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.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 19.31 indicates a rather expensive valuation of TFII.
66.67% of the companies in the same industry are more expensive than TFII, based on the Price/Earnings ratio.
Compared to an average S&P500 Price/Earnings ratio of 26.90, TFII is valued a bit cheaper.
TFII is valuated correctly with a Price/Forward Earnings ratio of 15.20.
83.33% of the companies in the same industry are more expensive than TFII, based on the Price/Forward Earnings ratio.
When comparing the Price/Forward Earnings ratio of TFII to the average of the S&P500 Index (22.52), we can say TFII is valued slightly cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 19.31 | ||
| Fwd PE | 15.2 |
4.2 Price Multiples
TFII's Enterprise Value to EBITDA ratio is rather cheap when compared to the industry. TFII is cheaper than 83.33% of the companies in the same industry.
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 | 10.68 | ||
| EV/EBITDA | 8.64 |
4.3 Compensation for Growth
TFII has a very decent profitability rating, which may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)1.37
EPS Next 2Y3.99%
EPS Next 3Y9%
5. Dividend
5.1 Amount
TFII has a Yearly Dividend Yield of 2.00%. Purely for dividend investing, there may be better candidates out there.
Compared to an average industry Dividend Yield of 3.52, TFII has a dividend in line with its industry peers.
TFII's Dividend Yield is comparable with the S&P500 average which is at 2.32.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2% |
5.2 History
On average, the dividend of TFII grows each year by 17.09%, which is quite nice.
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
39.34% 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.
DP39.34%
EPS Next 2Y3.99%
EPS Next 3Y9%
TSX:TFII (9/2/2025, 7:00:00 PM)
130.13
+0.01 (+0.01%)
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 Cap10.74B
Analysts75.2
Price Target140.7 (8.12%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2% |
Yearly Dividend2.18
Dividend Growth(5Y)17.09%
DP39.34%
Div Incr Years2
Div Non Decr Years2
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-8.1%
Min EPS beat(2)-22.39%
Max EPS beat(2)6.19%
EPS beat(4)1
Avg EPS beat(4)-13.74%
Min EPS beat(4)-26.96%
Max EPS beat(4)6.19%
EPS beat(8)3
Avg EPS beat(8)-8.97%
EPS beat(12)4
Avg EPS beat(12)-8.07%
EPS beat(16)8
Avg EPS beat(16)1.63%
Revenue beat(2)0
Avg Revenue beat(2)-10.74%
Min Revenue beat(2)-14.94%
Max Revenue beat(2)-6.55%
Revenue beat(4)0
Avg Revenue beat(4)-8.21%
Min Revenue beat(4)-14.94%
Max Revenue beat(4)-5.14%
Revenue beat(8)0
Avg Revenue beat(8)-4.94%
Revenue beat(12)0
Avg Revenue beat(12)-5.77%
Revenue beat(16)4
Avg Revenue beat(16)-2.76%
PT rev (1m)-0.4%
PT rev (3m)0.13%
EPS NQ rev (1m)-2%
EPS NQ rev (3m)-39.32%
EPS NY rev (1m)-17.67%
EPS NY rev (3m)-17.67%
Revenue NQ rev (1m)-0.19%
Revenue NQ rev (3m)-10.03%
Revenue NY rev (1m)-0.96%
Revenue NY rev (3m)-1.34%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 19.31 | ||
| Fwd PE | 15.2 | ||
| P/S | 0.94 | ||
| P/FCF | 10.68 | ||
| P/OCF | 7.39 | ||
| P/B | 2.91 | ||
| P/tB | N/A | ||
| EV/EBITDA | 8.64 |
EPS(TTM)6.74
EY5.18%
EPS(NY)8.56
Fwd EY6.58%
FCF(TTM)12.19
FCFY9.37%
OCF(TTM)17.6
OCFY13.52%
SpS138.03
BVpS44.72
TBVpS-0.05
PEG (NY)N/A
PEG (5Y)1.37
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.08% | ||
| ROE | 13.67% | ||
| ROCE | 10.17% | ||
| ROIC | 7.62% | ||
| ROICexc | 7.66% | ||
| ROICexgc | 13.58% | ||
| OM | 7.6% | ||
| PM (TTM) | 4.43% | ||
| GM | 50.27% | ||
| FCFM | 8.83% |
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-Score7
Asset Turnover1.15
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.04 | ||
| Debt/FCF | 4.14 | ||
| Debt/EBITDA | 2.23 | ||
| Cap/Depr | 52.24% | ||
| Cap/Sales | 3.92% | ||
| Interest Coverage | 3.76 | ||
| Cash Conversion | 84.41% | ||
| Profit Quality | 199.32% | ||
| Current Ratio | 1.05 | ||
| Quick Ratio | 1.03 | ||
| Altman-Z | 2.82 |
F-Score7
WACC8.74%
ROIC/WACC0.87
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)-21.51%
EPS 3Y3.08%
EPS 5Y14.09%
EPS Q2Q%-21.64%
EPS Next Y-18.68%
EPS Next 2Y3.99%
EPS Next 3Y9%
EPS Next 5Y13.31%
Revenue 1Y (TTM)3.1%
Revenue growth 3Y5.16%
Revenue growth 5Y16.56%
Sales Q2Q%-20.78%
Revenue Next Year-5.08%
Revenue Next 2Y-0.63%
Revenue Next 3Y1.08%
Revenue Next 5Y3.74%
EBIT growth 1Y-15.76%
EBIT growth 3Y3.89%
EBIT growth 5Y16.69%
EBIT Next Year54.57%
EBIT Next 3Y25.99%
EBIT Next 5Y17.74%
FCF growth 1Y9.34%
FCF growth 3Y4.62%
FCF growth 5Y24.3%
OCF growth 1Y3.44%
OCF growth 3Y7.5%
OCF growth 5Y16.82%