TFI INTERNATIONAL INC (TFII) Stock Fundamental Analysis
NYSE:TFII - New York Stock Exchange, Inc. - CA87241L1094 - Common Stock - Currency: USD
TFII gets a fundamental rating of 5 out of 10. The analysis compared the fundamentals against 40 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. Finally TFII also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
TFII had positive earnings in the past year.
TFII had a positive operating cash flow in the past year.
In the past 5 years TFII has always 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 fine compared to the rest of the industry. TFII outperforms 65.00% of its industry peers.
TFII's Return On Equity of 14.66% is fine compared to the rest of the industry. TFII outperforms 70.00% of its industry peers.
The Return On Invested Capital of TFII (8.26%) is better than 65.00% of its industry peers.
The Average Return On Invested Capital over the past 3 years for TFII is above the industry average of 8.58%.
| 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
The Profit Margin of TFII (4.54%) is better than 62.50% of its industry peers.
In the last couple of years the Profit Margin of TFII has declined.
TFII has a Operating Margin (7.88%) which is comparable to the rest of the industry.
In the last couple of years the Operating Margin of TFII has remained more or less at the same level.
Looking at the Gross Margin, with a value of 50.28%, TFII is in line with its industry, outperforming 60.00% 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
The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so TFII is still 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 2.86 indicates that TFII is not a great score, but indicates only limited risk for bankruptcy at the moment.
TFII's Altman-Z score of 2.86 is fine compared to the rest of the industry. TFII outperforms 65.00% 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.
Looking at the Debt to FCF ratio, with a value of 4.26, TFII is in the better half of the industry, outperforming 80.00% of the companies in the same industry.
A Debt/Equity ratio of 1.03 is on the high side and indicates that TFII has dependencies on debt 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 72.50% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.03 | ||
| Debt/FCF | 4.26 | ||
| Altman-Z | 2.86 |
ROIC/WACC0.99
WACC8.35%
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.
Looking at the Current ratio, with a value of 1.03, TFII is in line with its industry, outperforming 55.00% of the companies in the same industry.
TFII has a Quick Ratio of 1.02. This is a normal value and indicates that TFII is financially healthy and should not expect problems in meeting its short term obligations.
TFII has a Quick ratio (1.02) which is in line with its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.03 | ||
| Quick Ratio | 1.02 |
3. Growth
3.1 Past
TFII shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -13.91%.
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.
The Revenue has been growing by 16.56% on average over the past years. This is quite good.
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 14.59% on average over the next years. This is quite good.
The Revenue is expected to grow by 5.31% on average over the next years.
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
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
With a Price/Earnings ratio of 17.00, TFII is valued on the expensive side.
Based on the Price/Earnings ratio, TFII is valued a bit cheaper than 80.00% of the companies in the same industry.
When comparing the Price/Earnings ratio of TFII to the average of the S&P500 Index (27.48), we can say TFII is valued slightly cheaper.
Based on the Price/Forward Earnings ratio of 12.36, the valuation of TFII can be described as correct.
Based on the Price/Forward Earnings ratio, TFII is valued cheaper than 85.00% of the companies in the same industry.
TFII's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 36.52.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 17 | ||
| Fwd PE | 12.36 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of TFII indicates a somewhat cheap valuation: TFII is cheaper than 70.00% of the companies listed in the same industry.
Based on the Price/Free Cash Flow ratio, TFII is valued cheaply inside the industry as 95.00% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 10.7 | ||
| EV/EBITDA | 8.07 |
4.3 Compensation for Growth
The decent profitability rating of TFII may justify a higher PE ratio.
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
With a Yearly Dividend Yield of 2.05%, TFII has a reasonable but not impressive dividend return.
TFII's Dividend Yield is rather good when compared to the industry average which is at 1.47. TFII pays more dividend than 92.50% of the companies in the same industry.
TFII's Dividend Yield is comparable with the S&P500 average which is at 2.34.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.05% |
5.2 History
The dividend of TFII is nicely growing with an annual growth rate of 17.09%!
TFII has been paying a dividend for at least 10 years, so it has a reliable track record.
TFII has not decreased their dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)17.09%
Div Incr Years14
Div Non Decr Years15
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%
89.43
-0.14 (-0.16%)
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 Cap7.42B
Analysts76
Price Target103.74 (16%)
Short Float %1.36%
Short Ratio2.33
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.05% |
Yearly Dividend1.59
Dividend Growth(5Y)17.09%
DP35.91%
Div Incr Years14
Div Non Decr Years15
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)0.55%
PT rev (3m)-8.68%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-16.68%
EPS NY rev (1m)0%
EPS NY rev (3m)-5.77%
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 | ||
| 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 | 8.07 |
EPS(TTM)5.26
EY5.88%
EPS(NY)7.24
Fwd EY8.09%
FCF(TTM)8.36
FCFY9.34%
OCF(TTM)12.71
OCFY14.22%
SpS102.27
BVpS31.69
TBVpS-0.04
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 | 2.86 |
F-Score6
WACC8.35%
ROIC/WACC0.99
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%