TECHNOGYM SPA (TGYM.MI) Stock Fundamental Analysis
BIT:TGYM - Euronext Milan - IT0005162406 - Common Stock - Currency: EUR
We assign a fundamental rating of 6 out of 10 to TGYM. TGYM was compared to 14 industry peers in the Leisure Products industry. TGYM gets an excellent profitability rating and is at the same time showing great financial health properties. While showing a medium growth rate, TGYM is valued expensive at the moment. With these ratings, TGYM could be worth investigating further for quality investing!.
1. Profitability
1.1 Basic Checks
In the past year TGYM was profitable.
In the past year TGYM had a positive cash flow from operations.
Each year in the past 5 years TGYM has been profitable.
In the past 5 years TGYM always reported a positive cash flow from operatings.
1.2 Ratios
TGYM has a better Return On Assets (9.63%) than 85.71% of its industry peers.
Looking at the Return On Equity, with a value of 22.97%, TGYM is in the better half of the industry, outperforming 78.57% of the companies in the same industry.
TGYM has a better Return On Invested Capital (16.60%) than 85.71% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for TGYM is above the industry average of 11.03%.
The 3 year average ROIC (14.80%) for TGYM is below the current ROIC(16.60%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 9.63% | ||
| ROE | 22.97% | ||
| ROIC | 16.6% |
ROA(3y)8.9%
ROA(5y)8.05%
ROE(3y)20.74%
ROE(5y)19.01%
ROIC(3y)14.8%
ROIC(5y)13%
1.3 Margins
The Profit Margin of TGYM (9.68%) is better than 78.57% of its industry peers.
In the last couple of years the Profit Margin of TGYM has declined.
TGYM has a better Operating Margin (13.58%) than 85.71% of its industry peers.
TGYM's Operating Margin has declined in the last couple of years.
With a Gross Margin value of 44.74%, TGYM perfoms like the industry average, outperforming 50.00% of the companies in the same industry.
TGYM's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 13.58% | ||
| PM (TTM) | 9.68% | ||
| GM | 44.74% |
OM growth 3Y8.23%
OM growth 5Y-3.66%
PM growth 3Y-2.18%
PM growth 5Y-4.96%
GM growth 3Y0.82%
GM growth 5Y-0.66%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) well above the Cost of Capital (WACC), TGYM is creating value.
TGYM has less shares outstanding than it did 1 year ago.
Compared to 5 years ago, TGYM has less shares outstanding
Compared to 1 year ago, TGYM has an improved debt to assets ratio.
2.2 Solvency
TGYM has an Altman-Z score of 5.06. This indicates that TGYM is financially healthy and has little risk of bankruptcy at the moment.
TGYM has a Altman-Z score of 5.06. This is amongst the best in the industry. TGYM outperforms 100.00% of its industry peers.
TGYM has a debt to FCF ratio of 0.97. This is a very positive value and a sign of high solvency as it would only need 0.97 years to pay back of all of its debts.
Looking at the Debt to FCF ratio, with a value of 0.97, TGYM belongs to the top of the industry, outperforming 92.86% of the companies in the same industry.
TGYM has a Debt/Equity ratio of 0.26. This is a healthy value indicating a solid balance between debt and equity.
The Debt to Equity ratio of TGYM (0.26) is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.26 | ||
| Debt/FCF | 0.97 | ||
| Altman-Z | 5.06 |
ROIC/WACC1.99
WACC8.33%
2.3 Liquidity
TGYM has a Current Ratio of 1.46. This is a normal value and indicates that TGYM is financially healthy and should not expect problems in meeting its short term obligations.
TGYM has a Current ratio (1.46) which is in line with its industry peers.
A Quick Ratio of 1.17 indicates that TGYM should not have too much problems paying its short term obligations.
With a decent Quick ratio value of 1.17, TGYM is doing good in the industry, outperforming 71.43% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.46 | ||
| Quick Ratio | 1.17 |
3. Growth
3.1 Past
TGYM shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 18.20%, which is quite good.
Measured over the past 5 years, TGYM shows a small growth in Earnings Per Share. The EPS has been growing by 1.09% on average per year.
Looking at the last year, TGYM shows a quite strong growth in Revenue. The Revenue has grown by 11.50% in the last year.
TGYM shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 6.17% yearly.
EPS 1Y (TTM)18.2%
EPS 3Y11.74%
EPS 5Y1.09%
EPS Q2Q%21.35%
Revenue 1Y (TTM)11.5%
Revenue growth 3Y13.82%
Revenue growth 5Y6.17%
Sales Q2Q%13.82%
3.2 Future
The Earnings Per Share is expected to grow by 13.58% on average over the next years. This is quite good.
TGYM is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 3.53% yearly.
EPS Next Y19.29%
EPS Next 2Y15.34%
EPS Next 3Y13.58%
EPS Next 5YN/A
Revenue Next Year10.85%
Revenue Next 2Y9.15%
Revenue Next 3Y8.23%
Revenue Next 5Y3.53%
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
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 28.51, which means the current valuation is very expensive for TGYM.
Compared to the rest of the industry, the Price/Earnings ratio of TGYM indicates a slightly more expensive valuation: TGYM is more expensive than 64.29% of the companies listed in the same industry.
The average S&P500 Price/Earnings ratio is at 26.57. TGYM is around the same levels.
With a Price/Forward Earnings ratio of 23.29, TGYM is valued on the expensive side.
The rest of the industry has a similar Price/Forward Earnings ratio as TGYM.
Compared to an average S&P500 Price/Forward Earnings ratio of 22.41, TGYM is valued at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 28.51 | ||
| Fwd PE | 23.29 |
4.2 Price Multiples
78.57% of the companies in the same industry are cheaper than TGYM, based on the Enterprise Value to EBITDA ratio.
78.57% of the companies in the same industry are more expensive than TGYM, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 21.68 | ||
| EV/EBITDA | 13.05 |
4.3 Compensation for Growth
The PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
The decent profitability rating of TGYM may justify a higher PE ratio.
TGYM's earnings are expected to grow with 13.58% in the coming years. This may justify a more expensive valuation.
PEG (NY)1.48
PEG (5Y)26.11
EPS Next 2Y15.34%
EPS Next 3Y13.58%
5. Dividend
5.1 Amount
TGYM has a Yearly Dividend Yield of 2.42%. Purely for dividend investing, there may be better candidates out there.
TGYM's Dividend Yield is comparable with the industry average which is at 3.49.
TGYM's Dividend Yield is comparable with the S&P500 average which is at 2.40.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.42% |
5.2 History
On average, the dividend of TGYM grows each year by 8.92%, which is quite nice.
Dividend Growth(5Y)8.92%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
TGYM pays out 63.37% of its income as dividend. This is not a sustainable payout ratio.
TGYM's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP63.37%
EPS Next 2Y15.34%
EPS Next 3Y13.58%
BIT:TGYM (6/16/2025, 5:35:15 PM)
12.26
+0.07 (+0.57%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupConsumer Durables & Apparel
GICS IndustryLeisure Products
Earnings (Last)
Earnings (Next)
Inst Owners33.38%
Inst Owner ChangeN/A
Ins Owners39.39%
Ins Owner ChangeN/A
Market Cap2.47B
Analysts74.44
Price Target13.09 (6.77%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.42% |
Yearly Dividend0.28
Dividend Growth(5Y)8.92%
DP63.37%
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)2.41%
PT rev (3m)15.25%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)0%
EPS NY rev (3m)2.99%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)2.05%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 28.51 | ||
| Fwd PE | 23.29 | ||
| P/S | 2.75 | ||
| P/FCF | 21.68 | ||
| P/OCF | 15.88 | ||
| P/B | 6.51 | ||
| P/tB | 7.57 | ||
| EV/EBITDA | 13.05 |
EPS(TTM)0.43
EY3.51%
EPS(NY)0.53
Fwd EY4.29%
FCF(TTM)0.57
FCFY4.61%
OCF(TTM)0.77
OCFY6.3%
SpS4.47
BVpS1.88
TBVpS1.62
PEG (NY)1.48
PEG (5Y)26.11
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 9.63% | ||
| ROE | 22.97% | ||
| ROCE | 23.23% | ||
| ROIC | 16.6% | ||
| ROICexc | 32.74% | ||
| ROICexgc | 40.43% | ||
| OM | 13.58% | ||
| PM (TTM) | 9.68% | ||
| GM | 44.74% | ||
| FCFM | 12.66% |
ROA(3y)8.9%
ROA(5y)8.05%
ROE(3y)20.74%
ROE(5y)19.01%
ROIC(3y)14.8%
ROIC(5y)13%
ROICexc(3y)27.88%
ROICexc(5y)24.85%
ROICexgc(3y)34.83%
ROICexgc(5y)31.37%
ROCE(3y)20.71%
ROCE(5y)18.14%
ROICexcg growth 3Y8.53%
ROICexcg growth 5Y4.22%
ROICexc growth 3Y11.22%
ROICexc growth 5Y3.2%
OM growth 3Y8.23%
OM growth 5Y-3.66%
PM growth 3Y-2.18%
PM growth 5Y-4.96%
GM growth 3Y0.82%
GM growth 5Y-0.66%
F-Score8
Asset Turnover0.99
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.26 | ||
| Debt/FCF | 0.97 | ||
| Debt/EBITDA | 0.58 | ||
| Cap/Depr | 80.3% | ||
| Cap/Sales | 4.62% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 89.41% | ||
| Profit Quality | 130.8% | ||
| Current Ratio | 1.46 | ||
| Quick Ratio | 1.17 | ||
| Altman-Z | 5.06 |
F-Score8
WACC8.33%
ROIC/WACC1.99
Cap/Depr(3y)82.01%
Cap/Depr(5y)78.3%
Cap/Sales(3y)4.66%
Cap/Sales(5y)4.66%
Profit Quality(3y)116.09%
Profit Quality(5y)133.76%
High Growth Momentum
Growth
EPS 1Y (TTM)18.2%
EPS 3Y11.74%
EPS 5Y1.09%
EPS Q2Q%21.35%
EPS Next Y19.29%
EPS Next 2Y15.34%
EPS Next 3Y13.58%
EPS Next 5YN/A
Revenue 1Y (TTM)11.5%
Revenue growth 3Y13.82%
Revenue growth 5Y6.17%
Sales Q2Q%13.82%
Revenue Next Year10.85%
Revenue Next 2Y9.15%
Revenue Next 3Y8.23%
Revenue Next 5Y3.53%
EBIT growth 1Y20.46%
EBIT growth 3Y23.18%
EBIT growth 5Y2.28%
EBIT Next Year70.97%
EBIT Next 3Y26.64%
EBIT Next 5Y17.08%
FCF growth 1Y61.17%
FCF growth 3Y20.23%
FCF growth 5Y3.12%
OCF growth 1Y45.48%
OCF growth 3Y18.58%
OCF growth 5Y2.74%