TFI INTERNATIONAL INC (TFII) Stock Fundamental Analysis
NYSE:TFII - New York Stock Exchange, Inc. - CA87241L1094 - Common Stock - Currency: USD
Overall TFII gets a fundamental rating of 5 out of 10. We evaluated TFII 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
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.
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 67.50% of its industry peers.
With a decent Return On Equity value of 14.66%, TFII is doing good in the industry, outperforming 72.50% of the companies in the same industry.
Looking at the Return On Invested Capital, with a value of 8.26%, TFII is in the better half of the industry, outperforming 67.50% of the companies in the same industry.
Measured over the past 3 years, the Average Return On Invested Capital for TFII is above the industry average of 7.92%.
| 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 has a better Profit Margin (4.54%) than 65.00% of its industry peers.
In the last couple of years the Profit Margin of TFII has declined.
With a decent Operating Margin value of 7.88%, TFII is doing good in the industry, outperforming 65.00% 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 Gross Margin of 50.28%. This is comparable to the rest of the industry: TFII outperforms 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
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.
The number of shares outstanding for TFII has been increased compared to 5 years ago.
TFII has a worse debt/assets ratio than last year.
2.2 Solvency
An Altman-Z score of 2.84 indicates that TFII is not a great score, but indicates only limited risk for bankruptcy at the moment.
The Altman-Z score of TFII (2.84) is better than 70.00% of its industry peers.
TFII has a debt to FCF ratio of 4.26. This is a neutral value as TFII would need 4.26 years to pay back of 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 77.50% 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.
Looking at the Debt to Equity ratio, with a value of 1.03, TFII is doing worse than 70.00% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.03 | ||
| Debt/FCF | 4.26 | ||
| Altman-Z | 2.84 |
ROIC/WACC1.01
WACC8.22%
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.
TFII has a Current ratio of 1.03. This is comparable to the rest of the industry: TFII outperforms 50.00% of its industry peers.
A Quick Ratio of 1.02 indicates that TFII should not have too much problems paying 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
The earnings per share for TFII have decreased strongly by -13.91% 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.
TFII shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 12.58%.
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 14.68% on average per year.
TFII is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 6.21% yearly.
EPS Next Y-1.23%
EPS Next 2Y12.29%
EPS Next 3Y13.77%
EPS Next 5Y14.68%
Revenue Next Year-3.79%
Revenue Next 2Y0.37%
Revenue Next 3Y2.47%
Revenue Next 5Y6.21%
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 16.43 indicates a correct valuation of TFII.
Compared to the rest of the industry, the Price/Earnings ratio of TFII indicates a rather cheap valuation: TFII is cheaper than 82.50% of the companies listed in the same industry.
TFII's Price/Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 25.82.
With a Price/Forward Earnings ratio of 11.94, the valuation of TFII can be described as very reasonable.
TFII's Price/Forward Earnings ratio is rather cheap when compared to the industry. TFII is cheaper than 85.00% of the companies in the same industry.
TFII is valuated rather cheaply when we compare the Price/Forward Earnings ratio to 21.76, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 16.43 | ||
| Fwd PE | 11.94 |
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 cheaper than 95.00% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 10.46 | ||
| EV/EBITDA | 7.95 |
4.3 Compensation for Growth
TFII has a very decent profitability rating, which may justify a higher PE ratio.
TFII's earnings are expected to grow with 13.77% in the coming years. This may justify a more expensive valuation.
PEG (NY)N/A
PEG (5Y)1.17
EPS Next 2Y12.29%
EPS Next 3Y13.77%
5. Dividend
5.1 Amount
TFII has a Yearly Dividend Yield of 2.05%. Purely for dividend investing, there may be better candidates out there.
TFII's Dividend Yield is rather good when compared to the industry average which is at 1.52. TFII pays more dividend than 87.50% of the companies in the same industry.
Compared to an average S&P500 Dividend Yield of 2.36, TFII has a dividend comparable with the average S&P500 company.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.05% |
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
35.91% of the earnings are spent on dividend by TFII. This is a low number and sustainable payout ratio.
The dividend of TFII is growing, but the earnings are growing slower. This means the dividend growth is not sustainable.
DP35.91%
EPS Next 2Y12.29%
EPS Next 3Y13.77%
86.41
-0.34 (-0.39%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupTransportation
GICS IndustryGround Transportation
Earnings (Last)
Earnings (Next)
Inst Owners75.6%
Inst Owner ChangeN/A
Ins Owners6.03%
Ins Owner ChangeN/A
Market Cap7.26B
Analysts76
Price Target101.8 (17.81%)
Short Float %1.25%
Short Ratio1.64
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)-10.38%
PT rev (3m)-28.42%
EPS NQ rev (1m)-17.4%
EPS NQ rev (3m)-39.3%
EPS NY rev (1m)0%
EPS NY rev (3m)-27.7%
Revenue NQ rev (1m)-4.99%
Revenue NQ rev (3m)-10.01%
Revenue NY rev (1m)-4.33%
Revenue NY rev (3m)-10.23%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 16.43 | ||
| Fwd PE | 11.94 | ||
| P/S | 0.85 | ||
| P/FCF | 10.46 | ||
| P/OCF | 6.87 | ||
| P/B | 2.76 | ||
| P/tB | N/A | ||
| EV/EBITDA | 7.95 |
EPS(TTM)5.26
EY6.09%
EPS(NY)7.24
Fwd EY8.38%
FCF(TTM)8.26
FCFY9.56%
OCF(TTM)12.57
OCFY14.55%
SpS101.11
BVpS31.34
TBVpS-0.04
PEG (NY)N/A
PEG (5Y)1.17
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 | 2.84 |
F-Score6
WACC8.22%
ROIC/WACC1.01
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 5Y14.68%
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 5Y6.21%
EBIT growth 1Y-7.88%
EBIT growth 3Y3.89%
EBIT growth 5Y16.69%
EBIT Next Year71.22%
EBIT Next 3Y27.66%
EBIT Next 5Y18.73%
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%