TECHNOGYM SPA (TGYM.MI) Stock Fundamental Analysis
BIT:TGYM - Euronext Milan - IT0005162406 - Common Stock - Currency: EUR
Taking everything into account, TGYM scores 6 out of 10 in our fundamental rating. TGYM was compared to 13 industry peers in the Leisure Products industry. TGYM gets an excellent profitability rating and is at the same time showing great financial health properties. TGYM is valied quite expensively at the moment, while it does show a decent growth rate. With these ratings, TGYM could be worth investigating further for quality investing!.
1. Profitability
1.1 Basic Checks
TGYM had positive earnings in the past year.
TGYM had a positive operating cash flow in the past year.
Each year in the past 5 years TGYM has been profitable.
TGYM had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
TGYM has a Return On Assets of 9.63%. This is in the better half of the industry: TGYM outperforms 76.92% of its industry peers.
TGYM has a better Return On Equity (22.97%) than 76.92% of its industry peers.
TGYM's Return On Invested Capital of 16.60% is amongst the best of the industry. TGYM outperforms 84.62% of its industry peers.
TGYM had an Average Return On Invested Capital over the past 3 years of 14.80%. This is above the industry average of 12.33%.
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 76.92% of its industry peers.
In the last couple of years the Profit Margin of TGYM has declined.
TGYM has a Operating Margin of 13.58%. This is amongst the best in the industry. TGYM outperforms 84.62% of its industry peers.
TGYM's Operating Margin has declined in the last couple of years.
TGYM's Gross Margin of 44.74% is in line compared to the rest of the industry. TGYM outperforms 46.15% of its industry peers.
In the last couple of years the Gross Margin of TGYM has remained more or less at the same level.
| 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
The Return on Invested Capital (ROIC) is well above the Cost of Capital (WACC), so TGYM is creating value.
TGYM has less shares outstanding than it did 1 year ago.
TGYM has less shares outstanding than it did 5 years ago.
TGYM has a better debt/assets ratio than last year.
2.2 Solvency
An Altman-Z score of 5.21 indicates that TGYM is not in any danger for bankruptcy at the moment.
Looking at the Altman-Z score, with a value of 5.21, TGYM belongs to the top of the industry, outperforming 100.00% of the companies in the same industry.
The Debt to FCF ratio of TGYM is 0.97, which is an excellent value as it means it would take TGYM, only 0.97 years of fcf income to pay off all of its debts.
The Debt to FCF ratio of TGYM (0.97) is better than 92.31% of its industry peers.
A Debt/Equity ratio of 0.26 indicates that TGYM is not too dependend on debt financing.
TGYM has a Debt to Equity ratio of 0.26. This is in the better half of the industry: TGYM outperforms 61.54% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.26 | ||
| Debt/FCF | 0.97 | ||
| Altman-Z | 5.21 |
ROIC/WACC2.05
WACC8.09%
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.
With a Current ratio value of 1.46, TGYM perfoms like the industry average, outperforming 53.85% of the companies in the same industry.
TGYM has a Quick Ratio of 1.17. 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 Quick ratio of 1.17. This is in the better half of the industry: TGYM outperforms 69.23% of its industry peers.
| 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.
TGYM shows a small growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 1.09% yearly.
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
TGYM is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 13.58% yearly.
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
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
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 29.79 indicates a quite expensive valuation of 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 61.54% of the companies listed in the same industry.
TGYM is valuated at similar levels of the S&P average when we compare the Price/Earnings ratio to 27.50, which is the current average of the S&P500 Index.
The Price/Forward Earnings ratio is 24.34, which indicates a rather expensive current valuation of TGYM.
Compared to the rest of the industry, the Price/Forward Earnings ratio of TGYM indicates a slightly more expensive valuation: TGYM is more expensive than 69.23% of the companies listed in the same industry.
When comparing the Price/Forward Earnings ratio of TGYM to the average of the S&P500 Index (36.44), we can say TGYM is valued slightly cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 29.79 | ||
| Fwd PE | 24.34 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of TGYM indicates a slightly more expensive valuation: TGYM is more expensive than 76.92% of the companies listed in the same industry.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of TGYM indicates a somewhat cheap valuation: TGYM is cheaper than 69.23% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 22.65 | ||
| EV/EBITDA | 13.77 |
4.3 Compensation for Growth
TGYM's 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.
A more expensive valuation may be justified as TGYM's earnings are expected to grow with 13.58% in the coming years.
PEG (NY)1.54
PEG (5Y)27.28
EPS Next 2Y15.34%
EPS Next 3Y13.58%
5. Dividend
5.1 Amount
TGYM has a Yearly Dividend Yield of 2.39%. Purely for dividend investing, there may be better candidates out there.
Compared to an average industry Dividend Yield of 3.64, TGYM has a dividend in line with its industry peers.
TGYM's Dividend Yield is comparable with the S&P500 average which is at 2.34.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.39% |
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
63.37% of the earnings are spent on dividend by TGYM. 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 (7/18/2025, 7:00:00 PM)
12.81
+0.25 (+1.99%)
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 Cap2.58B
Analysts74.44
Price Target13.07 (2.03%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.39% |
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)-0.13%
PT rev (3m)3%
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)2.05%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 29.79 | ||
| Fwd PE | 24.34 | ||
| P/S | 2.87 | ||
| P/FCF | 22.65 | ||
| P/OCF | 16.6 | ||
| P/B | 6.8 | ||
| P/tB | 7.91 | ||
| EV/EBITDA | 13.77 |
EPS(TTM)0.43
EY3.36%
EPS(NY)0.53
Fwd EY4.11%
FCF(TTM)0.57
FCFY4.41%
OCF(TTM)0.77
OCFY6.03%
SpS4.47
BVpS1.88
TBVpS1.62
PEG (NY)1.54
PEG (5Y)27.28
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 | 5.21 |
F-Score8
WACC8.09%
ROIC/WACC2.05
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%