LOGWIN AG (TGHN.DE) Stock Fundamental Analysis
Europe - Frankfurt Stock Exchange - FRA:TGHN - LU1618151879 - Common Stock
270 EUR
-8 (-2.88%)
TGHN gets a fundamental rating of 6 out of 10. The analysis compared the fundamentals against 16 industry peers in the Air Freight & Logistics industry. Both the health and profitability get an excellent rating, making TGHN a very profitable company, without any liquidiy or solvency issues. TGHN is valued correctly, but it does not seem to be growing. TGHN also has an excellent dividend rating. With these ratings, TGHN could be worth investigating further for dividend investing!.
1. Profitability
1.1 Basic Checks
- TGHN had positive earnings in the past year.
- In the past year TGHN had a positive cash flow from operations.
- In the past 5 years TGHN has always been profitable.
- TGHN had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
- TGHN has a Return On Assets of 8.39%. This is amongst the best in the industry. TGHN outperforms 87.50% of its industry peers.
- TGHN's Return On Equity of 17.27% is fine compared to the rest of the industry. TGHN outperforms 62.50% of its industry peers.
- The Return On Invested Capital of TGHN (15.14%) is better than 87.50% of its industry peers.
- Measured over the past 3 years, the Average Return On Invested Capital for TGHN is significantly above the industry average of 9.76%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 8.39% | ||
| ROE | 17.27% | ||
| ROIC | 15.14% |
ROA(3y)9.2%
ROA(5y)8.29%
ROE(3y)20.29%
ROE(5y)19.71%
ROIC(3y)18.27%
ROIC(5y)17.48%
1.3 Margins
- TGHN has a Profit Margin of 4.22%. This is comparable to the rest of the industry: TGHN outperforms 50.00% of its industry peers.
- TGHN's Profit Margin has improved in the last couple of years.
- TGHN has a Operating Margin (5.64%) which is in line with its industry peers.
- In the last couple of years the Operating Margin of TGHN has grown nicely.
- Looking at the Gross Margin, with a value of 10.81%, TGHN is doing worse than 87.50% of the companies in the same industry.
- In the last couple of years the Gross Margin of TGHN has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 5.64% | ||
| PM (TTM) | 4.22% | ||
| GM | 10.81% |
OM growth 3Y1.41%
OM growth 5Y6.19%
PM growth 3Y9.67%
PM growth 5Y7.72%
GM growth 3Y7.27%
GM growth 5Y4.24%
2. Health
2.1 Basic Checks
- With a Return on Invested Capital (ROIC) well above the Cost of Capital (WACC), TGHN is creating value.
- The number of shares outstanding for TGHN remains at a similar level compared to 1 year ago.
- Compared to 5 years ago, TGHN has about the same amount of shares outstanding.
- The debt/assets ratio for TGHN has been reduced compared to a year ago.
2.2 Solvency
- TGHN has an Altman-Z score of 4.20. This indicates that TGHN is financially healthy and has little risk of bankruptcy at the moment.
- TGHN has a Altman-Z score of 4.20. This is amongst the best in the industry. TGHN outperforms 87.50% of its industry peers.
- TGHN has a debt to FCF ratio of 0.53. This is a very positive value and a sign of high solvency as it would only need 0.53 years to pay back of all of its debts.
- With an excellent Debt to FCF ratio value of 0.53, TGHN belongs to the best of the industry, outperforming 100.00% of the companies in the same industry.
- TGHN has a Debt/Equity ratio of 0.10. This is a healthy value indicating a solid balance between debt and equity.
- TGHN has a Debt to Equity ratio of 0.10. This is amongst the best in the industry. TGHN outperforms 93.75% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.1 | ||
| Debt/FCF | 0.53 | ||
| Altman-Z | 4.2 |
ROIC/WACC2.02
WACC7.48%
2.3 Liquidity
- TGHN has a Current Ratio of 1.81. This is a normal value and indicates that TGHN is financially healthy and should not expect problems in meeting its short term obligations.
- Looking at the Current ratio, with a value of 1.81, TGHN belongs to the top of the industry, outperforming 87.50% of the companies in the same industry.
- TGHN has a Quick Ratio of 1.81. This is a normal value and indicates that TGHN is financially healthy and should not expect problems in meeting its short term obligations.
- Looking at the Quick ratio, with a value of 1.81, TGHN belongs to the top of the industry, outperforming 87.50% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.81 | ||
| Quick Ratio | 1.81 |
3. Growth
3.1 Past
- The earnings per share for TGHN have decreased strongly by -10.98% in the last year.
- Measured over the past years, TGHN shows a quite strong growth in Earnings Per Share. The EPS has been growing by 13.15% on average per year.
- Looking at the last year, TGHN shows a very strong growth in Revenue. The Revenue has grown by 21.42%.
- TGHN shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 5.00% yearly.
EPS 1Y (TTM)-10.98%
EPS 3Y0.92%
EPS 5Y13.15%
EPS Q2Q%-5.09%
Revenue 1Y (TTM)21.42%
Revenue growth 3Y-7.99%
Revenue growth 5Y5%
Sales Q2Q%7.58%
3.2 Future
- Based on estimates for the next years, TGHN will show a decrease in Earnings Per Share. The EPS will decrease by -3.77% on average per year.
- Based on estimates for the next years, TGHN will show a small growth in Revenue. The Revenue will grow by 1.75% on average per year.
EPS Next Y-5.46%
EPS Next 2Y-5.85%
EPS Next 3Y-5.95%
EPS Next 5Y-3.77%
Revenue Next Year6.89%
Revenue Next 2Y4.4%
Revenue Next 3Y3.62%
Revenue Next 5Y1.75%
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 decreasing.
- 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
- TGHN is valuated correctly with a Price/Earnings ratio of 12.36.
- 93.75% of the companies in the same industry are more expensive than TGHN, based on the Price/Earnings ratio.
- The average S&P500 Price/Earnings ratio is at 27.32. TGHN is valued rather cheaply when compared to this.
- TGHN is valuated correctly with a Price/Forward Earnings ratio of 13.36.
- Based on the Price/Forward Earnings ratio, TGHN is valued cheaply inside the industry as 81.25% of the companies are valued more expensively.
- When comparing the Price/Forward Earnings ratio of TGHN to the average of the S&P500 Index (24.32), we can say TGHN is valued slightly cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 12.36 | ||
| Fwd PE | 13.36 |
4.2 Price Multiples
- Based on the Enterprise Value to EBITDA ratio, TGHN is valued cheaply inside the industry as 81.25% of the companies are valued more expensively.
- Based on the Price/Free Cash Flow ratio, TGHN is valued cheaper than 81.25% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 7.72 | ||
| EV/EBITDA | 4.21 |
4.3 Compensation for Growth
- TGHN has a very decent profitability rating, which may justify a higher PE ratio.
- TGHN's earnings are expected to decrease with -5.95% in the coming years. This may justify a cheaper valuation.
PEG (NY)N/A
PEG (5Y)0.94
EPS Next 2Y-5.85%
EPS Next 3Y-5.95%
5. Dividend
5.1 Amount
- With a Yearly Dividend Yield of 4.67%, TGHN is a good candidate for dividend investing.
- Compared to an average industry Dividend Yield of 2.89, TGHN pays a bit more dividend than its industry peers.
- TGHN's Dividend Yield is rather good when compared to the S&P500 average which is at 1.83.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.67% |
5.2 History
- The dividend of TGHN is nicely growing with an annual growth rate of 31.95%!
Dividend Growth(5Y)31.95%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
- 58.59% of the earnings are spent on dividend by TGHN. This is a bit on the high side, but may be sustainable.
- The Dividend Rate of TGHN has been growing, while earnings will be declining. This means the dividend growth is most likely not sustainable.
DP58.59%
EPS Next 2Y-5.85%
EPS Next 3Y-5.95%
LOGWIN AG / TGHN.DE FAQ
Can you provide the ChartMill fundamental rating for LOGWIN AG?
ChartMill assigns a fundamental rating of 6 / 10 to TGHN.DE.
Can you provide the valuation status for LOGWIN AG?
ChartMill assigns a valuation rating of 6 / 10 to LOGWIN AG (TGHN.DE). This can be considered as Fairly Valued.
How profitable is LOGWIN AG (TGHN.DE) stock?
LOGWIN AG (TGHN.DE) has a profitability rating of 7 / 10.
How financially healthy is LOGWIN AG?
The financial health rating of LOGWIN AG (TGHN.DE) is 8 / 10.
How sustainable is the dividend of LOGWIN AG (TGHN.DE) stock?
The dividend rating of LOGWIN AG (TGHN.DE) is 7 / 10 and the dividend payout ratio is 58.59%.