TFI INTERNATIONAL INC (TFII) Stock Fundamental Analysis
NYSE:TFII - CA87241L1094 - Common Stock
94.81 USD
+0.62 (+0.66%)
94.81 USD
0 (0%)
We assign a fundamental rating of 5 out of 10 to TFII. TFII was compared to 41 industry peers in the Ground Transportation industry. TFII scores excellent on profitability, but 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
TFII had positive earnings in the past year.
In the past year TFII had a positive cash flow from operations.
In the past 5 years TFII has always been profitable.
Each year in the past 5 years TFII had a positive operating cash flow.
1.2 Ratios
With a decent Return On Assets value of 5.08%, TFII is doing good in the industry, outperforming 68.29% of the companies in the same industry.
TFII has a better Return On Equity (13.67%) than 70.73% 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 65.85% of its industry peers.
The Average Return On Invested Capital over the past 3 years for TFII is above the industry average of 7.92%.
The 3 year average ROIC (11.81%) for TFII is well above the current ROIC(7.62%). The reason for the recent decline needs to be investigated.
| 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 70.73% of the companies in the same industry.
In the last couple of years the Profit Margin of TFII has declined.
With a decent Operating Margin value of 7.60%, TFII is doing good in the industry, outperforming 65.85% 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.
The Gross Margin of TFII (50.27%) is better than 60.98% of 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.
TFII has about the same amout of shares outstanding than it did 1 year ago.
The number of shares outstanding for TFII has been increased compared to 5 years ago.
Compared to 1 year ago, TFII has a worse debt to assets ratio.
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.
TFII has a Altman-Z score of 2.82. This is in the better half of the industry: TFII outperforms 68.29% of its industry peers.
The Debt to FCF ratio of TFII is 4.14, which is a neutral value as it means it would take TFII, 4.14 years of fcf income to pay off all of its debts.
TFII has a better Debt to FCF ratio (4.14) than 82.93% of its industry peers.
A Debt/Equity ratio of 1.04 is on the high side and indicates that TFII has dependencies on debt financing.
TFII has a worse Debt to Equity ratio (1.04) than 68.29% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.04 | ||
| Debt/FCF | 4.14 | ||
| Altman-Z | 2.82 |
ROIC/WACC0.87
WACC8.72%
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 has a Current ratio (1.05) which is comparable to the rest of the 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.
TFII has a Quick ratio (1.03) which 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
The earnings per share for TFII have decreased strongly by -21.51% in the last year.
TFII shows quite a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 14.09% yearly.
The Revenue has been growing slightly by 3.10% in the past 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)-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
Based on estimates for the next years, TFII will show a quite strong growth in Earnings Per Share. The EPS will grow by 13.31% on average per year.
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
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
With a Price/Earnings ratio of 19.39, TFII is valued on the expensive side.
Based on the Price/Earnings ratio, TFII is valued cheaper than 80.49% of the companies in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 27.13, TFII is valued a bit cheaper.
The Price/Forward Earnings ratio is 15.27, which indicates a correct valuation of TFII.
Based on the Price/Forward Earnings ratio, TFII is valued cheaply inside the industry as 85.37% of the companies are valued more expensively.
Compared to an average S&P500 Price/Forward Earnings ratio of 22.76, TFII is valued a bit cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 19.39 | ||
| Fwd PE | 15.27 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, TFII is valued a bit cheaper than 73.17% of the companies in the same industry.
Based on the Price/Free Cash Flow ratio, TFII is valued cheaply inside the industry as 97.56% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 10.73 | ||
| EV/EBITDA | 8.67 |
4.3 Compensation for Growth
The decent profitability rating of TFII may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)1.38
EPS Next 2Y3.99%
EPS Next 3Y9%
5. Dividend
5.1 Amount
TFII has a Yearly Dividend Yield of 2.00%.
Compared to an average industry Dividend Yield of 1.57, TFII pays a better dividend. On top of this TFII pays more dividend than 87.80% of the companies listed in the same industry.
Compared to an average S&P500 Dividend Yield of 2.32, TFII has a dividend comparable with the average S&P500 company.
| 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 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
TFII pays out 39.34% of its income as dividend. This is a 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%
94.81
+0.62 (+0.66%)
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 Cap7.83B
Analysts75.2
Price Target101.39 (6.94%)
Short Float %1.19%
Short Ratio2.4
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2% |
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)-1.39%
PT rev (3m)-0.4%
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 | 19.39 | ||
| Fwd PE | 15.27 | ||
| P/S | 0.95 | ||
| P/FCF | 10.73 | ||
| P/OCF | 7.43 | ||
| P/B | 2.92 | ||
| P/tB | N/A | ||
| EV/EBITDA | 8.67 |
EPS(TTM)4.89
EY5.16%
EPS(NY)6.21
Fwd EY6.55%
FCF(TTM)8.84
FCFY9.32%
OCF(TTM)12.77
OCFY13.46%
SpS100.11
BVpS32.44
TBVpS-0.04
PEG (NY)N/A
PEG (5Y)1.38
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
WACC8.72%
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%