TFI INTERNATIONAL INC (TFII) Stock Fundamental Analysis
USA - NYSE:TFII - CA87241L1094 - Common Stock
89.4 USD
+1.22 (+1.38%)
89.4 USD
0 (0%)
Overall TFII gets a fundamental rating of 5 out of 10. We evaluated TFII against 42 industry peers in the Ground Transportation industry. While TFII has a great profitability rating, there are some minor concerns on its financial health. TFII has a correct valuation and a medium growth rate. Finally TFII also has an excellent dividend rating.
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
The Return On Assets of TFII (5.08%) is better than 71.43% of its industry peers.
The Return On Equity of TFII (13.67%) is better than 73.81% of its industry peers.
TFII has a Return On Invested Capital of 7.62%. This is in the better half of the industry: TFII outperforms 69.05% 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 7.77%.
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
With a decent Profit Margin value of 4.43%, TFII is doing good in the industry, outperforming 71.43% of the companies in the same industry.
TFII's Profit Margin has declined in the last couple of years.
TFII's Operating Margin of 7.60% is fine compared to the rest of the industry. TFII outperforms 66.67% of its industry peers.
In the last couple of years the Operating Margin of TFII has remained more or less at the same level.
With a decent Gross Margin value of 50.27%, TFII is doing good in the industry, outperforming 61.90% of the companies in the same industry.
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
With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), TFII is creating some value.
The number of shares outstanding for TFII remains at a similar level compared to 1 year ago.
TFII has more shares outstanding than it did 5 years ago.
The debt/assets ratio for TFII is higher compared to a year ago.
2.2 Solvency
An Altman-Z score of 2.75 indicates that TFII is not a great score, but indicates only limited risk for bankruptcy at the moment.
The Altman-Z score of TFII (2.75) is better than 64.29% of its industry peers.
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 83.33% of the companies in the same industry.
A Debt/Equity ratio of 1.04 is on the high side and indicates that TFII has dependencies on debt financing.
TFII has a Debt to Equity ratio of 1.04. This is in the lower half of the industry: TFII underperforms 69.05% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.04 | ||
| Debt/FCF | 4.14 | ||
| Altman-Z | 2.75 |
ROIC/WACC0.9
WACC8.5%
2.3 Liquidity
A Current Ratio of 1.05 indicates that TFII should not have too much problems paying its short term obligations.
Looking at the Current ratio, with a value of 1.05, TFII is in line with its industry, outperforming 50.00% of the companies in the same industry.
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.
The Quick ratio of TFII (1.03) is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.05 | ||
| Quick Ratio | 1.03 |
3. Growth
3.1 Past
TFII shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -21.51%.
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.
Based on estimates for the next years, TFII will show a small growth in Revenue. The Revenue will grow by 3.74% on average per year.
EPS Next Y-18.54%
EPS Next 2Y4.01%
EPS Next 3Y9%
EPS Next 5Y13.31%
Revenue Next Year-5.34%
Revenue Next 2Y-0.71%
Revenue Next 3Y0.97%
Revenue Next 5Y3.74%
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.
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 18.28 indicates a rather expensive valuation of TFII.
Based on the Price/Earnings ratio, TFII is valued cheaper than 85.71% of the companies in the same industry.
TFII is valuated rather cheaply when we compare the Price/Earnings ratio to 27.50, which is the current average of the S&P500 Index.
With a Price/Forward Earnings ratio of 14.40, TFII is valued correctly.
Based on the Price/Forward Earnings ratio, TFII is valued cheaper than 85.71% of the companies in the same industry.
TFII's Price/Forward Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 22.99.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 18.28 | ||
| Fwd PE | 14.4 |
4.2 Price Multiples
73.81% 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 cheaply inside the industry as 97.62% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 10.09 | ||
| EV/EBITDA | 8.22 |
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)1.3
EPS Next 2Y4.01%
EPS Next 3Y9%
5. Dividend
5.1 Amount
TFII has a Yearly Dividend Yield of 2.03%.
TFII's Dividend Yield is rather good when compared to the industry average which is at 1.61. TFII pays more dividend than 90.48% of the companies in the same industry.
Compared to an average S&P500 Dividend Yield of 2.44, TFII has a dividend comparable with the average S&P500 company.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.03% |
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 not decreased its dividend for at least 10 years, so it has a reliable track record of non decreasing dividend.
Dividend Growth(5Y)17.09%
Div Incr Years14
Div Non Decr Years15
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 2Y4.01%
EPS Next 3Y9%
89.4
+1.22 (+1.38%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupTransportation
GICS IndustryGround Transportation
Earnings (Last)
Earnings (Next)
Inst Owners73.67%
Inst Owner ChangeN/A
Ins Owners6.47%
Ins Owner ChangeN/A
Market Cap7.37B
Analysts77.27
Price Target100.97 (12.94%)
Short Float %1.06%
Short Ratio2.35
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.03% |
Yearly Dividend1.59
Dividend Growth(5Y)17.09%
DP39.34%
Div Incr Years14
Div Non Decr Years15
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)-0.42%
PT rev (3m)-2.67%
EPS NQ rev (1m)-0.52%
EPS NQ rev (3m)-11.39%
EPS NY rev (1m)0.18%
EPS NY rev (3m)-17.52%
Revenue NQ rev (1m)-0.24%
Revenue NQ rev (3m)-2.66%
Revenue NY rev (1m)-0.21%
Revenue NY rev (3m)-1.62%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 18.28 | ||
| Fwd PE | 14.4 | ||
| P/S | 0.89 | ||
| P/FCF | 10.09 | ||
| P/OCF | 6.99 | ||
| P/B | 2.75 | ||
| P/tB | N/A | ||
| EV/EBITDA | 8.22 |
EPS(TTM)4.89
EY5.47%
EPS(NY)6.21
Fwd EY6.95%
FCF(TTM)8.86
FCFY9.91%
OCF(TTM)12.79
OCFY14.31%
SpS100.3
BVpS32.5
TBVpS-0.04
PEG (NY)N/A
PEG (5Y)1.3
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 | 2.75 |
F-Score7
WACC8.5%
ROIC/WACC0.9
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-18.54%
EPS Next 2Y4.01%
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-5.34%
Revenue Next 2Y-0.71%
Revenue Next 3Y0.97%
Revenue Next 5Y3.74%
EBIT growth 1Y-15.76%
EBIT growth 3Y3.89%
EBIT growth 5Y16.69%
EBIT Next Year53.43%
EBIT Next 3Y23.78%
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%