TECHNOGYM SPA (TGYM.MI) Stock Fundamental Analysis
BIT:TGYM - Euronext Milan - IT0005162406 - Common Stock - Currency: EUR
Overall TGYM gets a fundamental rating of 6 out of 10. We evaluated TGYM against 15 industry peers in the Leisure Products industry. Both the health and profitability get an excellent rating, making TGYM a very profitable company, without any liquidiy or solvency issues. TGYM is quite expensive at the moment. It does show a decent growth rate. This makes TGYM very considerable for quality investing!
1. Profitability
1.1 Basic Checks
TGYM had positive earnings in the past year.
In the past year TGYM had a positive cash flow from operations.
In the past 5 years TGYM has always been profitable.
Each year in the past 5 years TGYM had a positive operating cash flow.
1.2 Ratios
The Return On Assets of TGYM (9.63%) is better than 86.67% of its industry peers.
The Return On Equity of TGYM (22.97%) is better than 80.00% of its industry peers.
TGYM has a Return On Invested Capital of 16.60%. This is in the better half of the industry: TGYM outperforms 80.00% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for TGYM is above the industry average of 12.42%.
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
Looking at the Profit Margin, with a value of 9.68%, TGYM is in the better half of the industry, outperforming 73.33% of the companies in the same industry.
TGYM's Profit Margin has declined in the last couple of years.
Looking at the Operating Margin, with a value of 13.58%, TGYM belongs to the top of the industry, outperforming 86.67% of the companies in the same industry.
TGYM's Operating Margin has declined in the last couple of years.
TGYM has a Gross Margin (44.74%) which is in line with its industry peers.
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.
Compared to 1 year ago, TGYM has less shares outstanding
TGYM has less shares outstanding than it did 5 years ago.
The debt/assets ratio for TGYM has been reduced compared to a year ago.
2.2 Solvency
An Altman-Z score of 4.99 indicates that TGYM is not in any danger for bankruptcy at the moment.
TGYM's Altman-Z score of 4.99 is amongst the best of 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.
With an excellent Debt to FCF ratio value of 0.97, TGYM belongs to the best of the industry, outperforming 100.00% 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.
TGYM has a Debt to Equity ratio of 0.26. This is comparable to the rest of the industry: TGYM outperforms 53.33% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.26 | ||
| Debt/FCF | 0.97 | ||
| Altman-Z | 4.99 |
ROIC/WACC1.99
WACC8.32%
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 better Current ratio (1.46) than 66.67% of its industry peers.
A Quick Ratio of 1.17 indicates that TGYM should not have too much problems paying its short term obligations.
The Quick ratio of TGYM (1.17) is better than 80.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.46 | ||
| Quick Ratio | 1.17 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an nice 18.20% over the past year.
TGYM shows a small growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 1.09% yearly.
The Revenue has grown by 11.50% in the past year. This is quite good.
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.
The Revenue is expected to grow by 3.53% on average over the next years.
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
Based on the Price/Earnings ratio of 27.63, the valuation of TGYM can be described as expensive.
Based on the Price/Earnings ratio, TGYM is valued a bit more expensive than the industry average as 66.67% of the companies are valued more cheaply.
Compared to an average S&P500 Price/Earnings ratio of 28.88, TGYM is valued at the same level.
With a Price/Forward Earnings ratio of 22.57, TGYM is valued on the expensive side.
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 66.67% of the companies listed in the same industry.
TGYM is valuated at similar levels of the S&P average when we compare the Price/Forward Earnings ratio to 21.20, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 27.63 | ||
| Fwd PE | 22.57 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, TGYM is valued a bit more expensive than 73.33% of the companies in the same industry.
Based on the Price/Free Cash Flow ratio, TGYM is valued cheaply inside the industry as 86.67% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 21.01 | ||
| EV/EBITDA | 12.69 |
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)1.43
PEG (5Y)25.3
EPS Next 2Y15.34%
EPS Next 3Y13.58%
5. Dividend
5.1 Amount
TGYM has a Yearly Dividend Yield of 2.64%. Purely for dividend investing, there may be better candidates out there.
TGYM's Dividend Yield is comparable with the industry average which is at 3.44.
TGYM's Dividend Yield is comparable with the S&P500 average which is at 2.45.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.64% |
5.2 History
The dividend of TGYM is nicely growing with an annual growth rate of 8.92%!
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.
The dividend of TGYM is growing, but earnings are growing more, so the dividend growth is sustainable.
DP63.37%
EPS Next 2Y15.34%
EPS Next 3Y13.58%
BIT:TGYM (4/30/2025, 7:00:00 PM)
11.88
+0.16 (+1.37%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupConsumer Durables & Apparel
GICS IndustryLeisure Products
Earnings (Last)
Earnings (Next)
Inst Owners35.65%
Inst Owner ChangeN/A
Ins Owners33.78%
Ins Owner ChangeN/A
Market Cap2.39B
Analysts74.12
Price Target12.78 (7.58%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.64% |
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)12.54%
PT rev (3m)18.13%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)3.04%
EPS NY rev (3m)4.26%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)2.05%
Revenue NY rev (3m)2.22%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 27.63 | ||
| Fwd PE | 22.57 | ||
| P/S | 2.66 | ||
| P/FCF | 21.01 | ||
| P/OCF | 15.39 | ||
| P/B | 6.31 | ||
| P/tB | 7.33 | ||
| EV/EBITDA | 12.69 |
EPS(TTM)0.43
EY3.62%
EPS(NY)0.53
Fwd EY4.43%
FCF(TTM)0.57
FCFY4.76%
OCF(TTM)0.77
OCFY6.5%
SpS4.47
BVpS1.88
TBVpS1.62
PEG (NY)1.43
PEG (5Y)25.3
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 | 4.99 |
F-Score8
WACC8.32%
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 Year70.72%
EBIT Next 3Y26.43%
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%