LOGWIN AG (TGHN.DE) Stock Fundamental Analysis
FRA:TGHN • LU1618151879
292 EUR
+10 (+3.55%)
Last: Mar 2, 2026, 07:00 PM
We assign a fundamental rating of 6 out of 10 to TGHN. TGHN was compared to 17 industry peers in the Air Freight & Logistics industry. TGHN scores excellent points on both the profitability and health parts. This is a solid base for a good stock. TGHN has a valuation in line with the averages, but it does not seem to be growing. Finally TGHN also has an excellent dividend rating. This makes TGHN very considerable 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.
- Each year in the past 5 years TGHN has been profitable.
- In the past 5 years TGHN always reported a positive cash flow from operatings.
1.2 Ratios
- TGHN has a better Return On Assets (8.39%) than 88.24% of its industry peers.
- With a decent Return On Equity value of 17.27%, TGHN is doing good in the industry, outperforming 64.71% of the companies in the same industry.
- TGHN has a better Return On Invested Capital (15.14%) than 88.24% 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 9.17%.
| 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
- With a Profit Margin value of 4.22%, TGHN perfoms like the industry average, outperforming 58.82% of the companies in the same industry.
- In the last couple of years the Profit Margin of TGHN has grown nicely.
- TGHN has a Operating Margin of 5.64%. This is comparable to the rest of the industry: TGHN outperforms 47.06% of its industry peers.
- In the last couple of years the Operating Margin of TGHN has grown nicely.
- With a Gross Margin value of 10.81%, TGHN is not doing good in the industry: 82.35% of the companies in the same industry are doing better.
- 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
- TGHN has a Return on Invested Capital (ROIC), which is well above the Cost of Capital (WACC), which means it is creating value.
- The number of shares outstanding for TGHN remains at a similar level compared to 1 year ago.
- TGHN has about the same amout of shares outstanding than it did 5 years ago.
- TGHN has a better debt/assets ratio than last year.
2.2 Solvency
- TGHN has an Altman-Z score of 4.27. This indicates that TGHN is financially healthy and has little risk of bankruptcy at the moment.
- TGHN has a better Altman-Z score (4.27) than 88.24% 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.
- Looking at the Debt to FCF ratio, with a value of 0.53, TGHN belongs to the top 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 94.12% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.1 | ||
| Debt/FCF | 0.53 | ||
| Altman-Z | 4.27 |
ROIC/WACC2.03
WACC7.44%
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.
- TGHN has a better Current ratio (1.81) than 88.24% of its industry peers.
- 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.
- With an excellent Quick ratio value of 1.81, TGHN belongs to the best of the industry, outperforming 88.24% 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.
- The Earnings Per Share has been growing by 13.15% on average over the past years. This is quite good.
- 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.
- The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
- The Price/Earnings ratio is 13.36, which indicates a correct valuation of TGHN.
- 94.12% of the companies in the same industry are more expensive than TGHN, based on the Price/Earnings ratio.
- When comparing the Price/Earnings ratio of TGHN to the average of the S&P500 Index (27.13), we can say TGHN is valued rather cheaply.
- The Price/Forward Earnings ratio is 14.44, which indicates a correct valuation of TGHN.
- Based on the Price/Forward Earnings ratio, TGHN is valued cheaper than 82.35% of the companies in the same industry.
- The average S&P500 Price/Forward Earnings ratio is at 28.11. TGHN is valued slightly cheaper when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 13.36 | ||
| Fwd PE | 14.44 |
4.2 Price Multiples
- Based on the Enterprise Value to EBITDA ratio, TGHN is valued a bit cheaper than 76.47% of the companies in the same industry.
- TGHN's Price/Free Cash Flow ratio is rather cheap when compared to the industry. TGHN is cheaper than 82.35% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 8.35 | ||
| EV/EBITDA | 4.6 |
4.3 Compensation for Growth
- The decent profitability rating of TGHN may justify a higher PE ratio.
- A cheap valuation may be justified as TGHN's earnings are expected to decrease with -5.95% in the coming years.
PEG (NY)N/A
PEG (5Y)1.02
EPS Next 2Y-5.85%
EPS Next 3Y-5.95%
5. Dividend
5.1 Amount
- TGHN has a Yearly Dividend Yield of 4.54%, which is a nice return.
- Compared to an average industry Dividend Yield of 2.97, TGHN pays a bit more dividend than its industry peers.
- Compared to an average S&P500 Dividend Yield of 1.82, TGHN pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.54% |
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
- TGHN pays out 58.59% of its income as dividend. This is a bit on the high side, but may be sustainable.
- TGHN's earnings are declining while the Dividend Rate has been growing. This means the dividend growth is most likely not sustainable.
DP58.59%
EPS Next 2Y-5.85%
EPS Next 3Y-5.95%
FRA:TGHN (3/2/2026, 7:00:00 PM)
292
+10 (+3.55%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupTransportation
GICS IndustryAir Freight & Logistics
Earnings (Last)10-29 2025-10-29
Earnings (Next)03-17 2026-03-17/amc
Inst Owners0.33%
Inst Owner ChangeN/A
Ins Owners87.29%
Ins Owner ChangeN/A
Market Cap840.96M
Revenue(TTM)1.49B
Net Income(TTM)62.90M
Analysts42.22
Price TargetN/A
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.54% |
Yearly Dividend14
Dividend Growth(5Y)31.95%
DP58.59%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)N/A
Avg EPS beat(2)N/A
Min EPS beat(2)N/A
Max EPS beat(2)N/A
EPS beat(4)N/A
Avg EPS beat(4)N/A
Min EPS beat(4)N/A
Max EPS beat(4)N/A
EPS beat(8)N/A
Avg EPS beat(8)N/A
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)N/A
Avg Revenue beat(2)N/A
Min Revenue beat(2)N/A
Max Revenue beat(2)N/A
Revenue beat(4)N/A
Avg Revenue beat(4)N/A
Min Revenue beat(4)N/A
Max Revenue beat(4)N/A
Revenue beat(8)N/A
Avg Revenue beat(8)N/A
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)N/A
PT rev (3m)N/A
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)0%
EPS NY rev (3m)0%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)0%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 13.36 | ||
| Fwd PE | 14.44 | ||
| P/S | 0.56 | ||
| P/FCF | 8.35 | ||
| P/OCF | 8.02 | ||
| P/B | 2.31 | ||
| P/tB | 2.95 | ||
| EV/EBITDA | 4.6 |
EPS(TTM)21.85
EY7.48%
EPS(NY)20.22
Fwd EY6.92%
FCF(TTM)34.96
FCFY11.97%
OCF(TTM)36.41
OCFY12.47%
SpS517.76
BVpS126.48
TBVpS98.84
PEG (NY)N/A
PEG (5Y)1.02
Graham Number249.36
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 8.39% | ||
| ROE | 17.27% | ||
| ROCE | 19.51% | ||
| ROIC | 15.14% | ||
| ROICexc | 67.08% | ||
| ROICexgc | 366.8% | ||
| OM | 5.64% | ||
| PM (TTM) | 4.22% | ||
| GM | 10.81% | ||
| FCFM | 6.75% |
ROA(3y)9.2%
ROA(5y)8.29%
ROE(3y)20.29%
ROE(5y)19.71%
ROIC(3y)18.27%
ROIC(5y)17.48%
ROICexc(3y)115.79%
ROICexc(5y)86.65%
ROICexgc(3y)2728.32%
ROICexgc(5y)1680.1%
ROCE(3y)23.55%
ROCE(5y)22.52%
ROICexgc growth 3Y205.61%
ROICexgc growth 5Y142.17%
ROICexc growth 3Y12.94%
ROICexc growth 5Y28.79%
OM growth 3Y1.41%
OM growth 5Y6.19%
PM growth 3Y9.67%
PM growth 5Y7.72%
GM growth 3Y7.27%
GM growth 5Y4.24%
F-Score6
Asset Turnover1.99
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.1 | ||
| Debt/FCF | 0.53 | ||
| Debt/EBITDA | 0.29 | ||
| Cap/Depr | 12.45% | ||
| Cap/Sales | 0.28% | ||
| Interest Coverage | 23.77 | ||
| Cash Conversion | 89.01% | ||
| Profit Quality | 160.06% | ||
| Current Ratio | 1.81 | ||
| Quick Ratio | 1.81 | ||
| Altman-Z | 4.27 |
F-Score6
WACC7.44%
ROIC/WACC2.03
Cap/Depr(3y)15.54%
Cap/Depr(5y)25.87%
Cap/Sales(3y)0.37%
Cap/Sales(5y)0.7%
Profit Quality(3y)171.9%
Profit Quality(5y)167.23%
High Growth Momentum
Growth
EPS 1Y (TTM)-10.98%
EPS 3Y0.92%
EPS 5Y13.15%
EPS Q2Q%-5.09%
EPS Next Y-5.46%
EPS Next 2Y-5.85%
EPS Next 3Y-5.95%
EPS Next 5Y-3.77%
Revenue 1Y (TTM)21.42%
Revenue growth 3Y-7.99%
Revenue growth 5Y5%
Sales Q2Q%7.58%
Revenue Next Year6.89%
Revenue Next 2Y4.4%
Revenue Next 3Y3.62%
Revenue Next 5Y1.75%
EBIT growth 1Y-0.59%
EBIT growth 3Y-6.7%
EBIT growth 5Y11.49%
EBIT Next Year32.95%
EBIT Next 3Y6.4%
EBIT Next 5Y5.34%
FCF growth 1Y-38.46%
FCF growth 3Y-2.62%
FCF growth 5Y16.75%
OCF growth 1Y-38.61%
OCF growth 3Y-4.69%
OCF growth 5Y10.74%
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%.