TECHNOGYM SPA (TGYM.MI) Stock Fundamental Analysis
Europe - Euronext Milan - BIT:TGYM - IT0005162406 - Common Stock
18.045 EUR
+0.54 (+3.06%)
TGYM gets a fundamental rating of 6 out of 10. The analysis compared the fundamentals against 16 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. This makes TGYM very considerable for quality investing!
1. Profitability
1.1 Basic Checks
- In the past year TGYM was profitable.
- TGYM had a positive operating cash flow in the past year.
- TGYM had positive earnings in each of the past 5 years.
- TGYM had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
- Looking at the Return On Assets, with a value of 12.58%, TGYM belongs to the top of the industry, outperforming 93.75% of the companies in the same industry.
- TGYM's Return On Equity of 37.37% is amongst the best of the industry. TGYM outperforms 100.00% of its industry peers.
- The Return On Invested Capital of TGYM (25.97%) is better than 93.75% 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 10.77%.
- The last Return On Invested Capital (25.97%) for TGYM is above the 3 year average (14.80%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 12.58% | ||
| ROE | 37.37% | ||
| ROIC | 25.97% |
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
- TGYM's Profit Margin of 10.11% is amongst the best of the industry. TGYM outperforms 100.00% of its industry peers.
- TGYM's Profit Margin has declined in the last couple of years.
- The Operating Margin of TGYM (14.48%) is better than 93.75% of its industry peers.
- In the last couple of years the Operating Margin of TGYM has declined.
- TGYM has a Gross Margin of 45.63%. This is comparable to the rest of the industry: TGYM outperforms 50.00% of its industry peers.
- TGYM's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 14.48% | ||
| PM (TTM) | 10.11% | ||
| GM | 45.63% |
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.
- Compared to 1 year ago, TGYM has less shares outstanding
- The number of shares outstanding for TGYM has been reduced compared to 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 6.54 indicates that TGYM is not in any danger for bankruptcy at the moment.
- TGYM has a Altman-Z score of 6.54. This is amongst the best in the industry. TGYM outperforms 100.00% of its industry peers.
- TGYM has a debt to FCF ratio of 0.75. This is a very positive value and a sign of high solvency as it would only need 0.75 years to pay back of all of its debts.
- The Debt to FCF ratio of TGYM (0.75) is better than 93.75% of its industry peers.
- A Debt/Equity ratio of 0.27 indicates that TGYM is not too dependend on debt financing.
- TGYM's Debt to Equity ratio of 0.27 is in line compared to the rest of the industry. TGYM outperforms 56.25% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.27 | ||
| Debt/FCF | 0.75 | ||
| Altman-Z | 6.54 |
ROIC/WACC3.22
WACC8.06%
2.3 Liquidity
- TGYM has a Current Ratio of 1.12. 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 of 1.12. This is in the lower half of the industry: TGYM underperforms 68.75% of its industry peers.
- A Quick Ratio of 0.79 indicates that TGYM may have some problems paying its short term obligations.
- Looking at the Quick ratio, with a value of 0.79, TGYM is in line with its industry, outperforming 50.00% of the companies in the same industry.
- The current and quick ratio evaluation for TGYM is rather negative, while it does have excellent solvency and profitability. These ratios do not necessarly indicate liquidity issues and need to be evaluated against the specifics of the business.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.12 | ||
| Quick Ratio | 0.79 |
3. Growth
3.1 Past
- The Earnings Per Share has grown by an impressive 25.45% over the past year.
- 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.
- The Revenue has grown by 14.08% in the past year. This is quite good.
- The Revenue has been growing slightly by 6.17% on average over the past years.
EPS 1Y (TTM)25.45%
EPS 3Y11.74%
EPS 5Y1.09%
EPS Q2Q%31.25%
Revenue 1Y (TTM)14.08%
Revenue growth 3Y13.82%
Revenue growth 5Y6.17%
Sales Q2Q%14.37%
3.2 Future
- Based on estimates for the next years, TGYM will show a quite strong growth in Earnings Per Share. The EPS will grow by 17.09% on average per year.
- Based on estimates for the next years, TGYM will show a small growth in Revenue. The Revenue will grow by 3.53% on average per year.
EPS Next Y25%
EPS Next 2Y19.77%
EPS Next 3Y17.09%
EPS Next 5YN/A
Revenue Next Year13.84%
Revenue Next 2Y11.16%
Revenue Next 3Y9.9%
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
- With a Price/Earnings ratio of 37.59, TGYM can be considered very expensive at the moment.
- TGYM's Price/Earnings ratio is a bit more expensive when compared to the industry. TGYM is more expensive than 62.50% of the companies in the same industry.
- TGYM is valuated rather expensively when we compare the Price/Earnings ratio to 27.32, which is the current average of the S&P500 Index.
- With a Price/Forward Earnings ratio of 28.51, TGYM can be considered very expensive at the moment.
- 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 68.75% of the companies listed in the same industry.
- TGYM's Price/Forward Earnings ratio indicates a similar valuation than the S&P500 average which is at 24.30.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 37.59 | ||
| Fwd PE | 28.51 |
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 75.00% of the companies listed in the same industry.
- Based on the Price/Free Cash Flow ratio, TGYM is valued cheaply inside the industry as 87.50% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 33.3 | ||
| EV/EBITDA | 17.74 |
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 excellent 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 17.09% in the coming years.
PEG (NY)1.5
PEG (5Y)34.42
EPS Next 2Y19.77%
EPS Next 3Y17.09%
5. Dividend
5.1 Amount
- With a Yearly Dividend Yield of 1.74%, TGYM has a reasonable but not impressive dividend return.
- Compared to an average industry Dividend Yield of 2.38, TGYM is paying slightly less dividend.
- Compared to an average S&P500 Dividend Yield of 1.86, TGYM has a dividend comparable with the average S&P500 company.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.74% |
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
- 163.15% 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.
DP163.15%
EPS Next 2Y19.77%
EPS Next 3Y17.09%
BIT:TGYM (1/22/2026, 10:21:41 AM)
18.045
+0.54 (+3.06%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupConsumer Durables & Apparel
GICS IndustryLeisure Products
Earnings (Last)11-04 2025-11-04
Earnings (Next)05-06 2026-05-06
Inst Owners30.75%
Inst Owner ChangeN/A
Ins Owners39.39%
Ins Owner ChangeN/A
Market Cap3.63B
Revenue(TTM)956.70M
Net Income(TTM)96.72M
Analysts75
Price Target16.43 (-8.95%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.74% |
Yearly Dividend0.28
Dividend Growth(5Y)8.92%
DP163.15%
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)1.26%
PT rev (3m)13.52%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)0.17%
EPS NY rev (3m)2.35%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0.1%
Revenue NY rev (3m)1.28%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 37.59 | ||
| Fwd PE | 28.51 | ||
| P/S | 3.8 | ||
| P/FCF | 33.3 | ||
| P/OCF | 22.7 | ||
| P/B | 14.04 | ||
| P/tB | 17.42 | ||
| EV/EBITDA | 17.74 |
EPS(TTM)0.48
EY2.66%
EPS(NY)0.63
Fwd EY3.51%
FCF(TTM)0.54
FCFY3%
OCF(TTM)0.8
OCFY4.41%
SpS4.75
BVpS1.29
TBVpS1.04
PEG (NY)1.5
PEG (5Y)34.42
Graham Number3.73
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 12.58% | ||
| ROE | 37.37% | ||
| ROCE | 37.71% | ||
| ROIC | 25.97% | ||
| ROICexc | 44.57% | ||
| ROICexgc | 56.9% | ||
| OM | 14.48% | ||
| PM (TTM) | 10.11% | ||
| GM | 45.63% | ||
| FCFM | 11.4% |
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%
ROICexgc growth 3Y8.53%
ROICexgc 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-Score7
Asset Turnover1.24
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.27 | ||
| Debt/FCF | 0.75 | ||
| Debt/EBITDA | 0.37 | ||
| Cap/Depr | 95.72% | ||
| Cap/Sales | 5.33% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 83.47% | ||
| Profit Quality | 112.79% | ||
| Current Ratio | 1.12 | ||
| Quick Ratio | 0.79 | ||
| Altman-Z | 6.54 |
F-Score7
WACC8.06%
ROIC/WACC3.22
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)25.45%
EPS 3Y11.74%
EPS 5Y1.09%
EPS Q2Q%31.25%
EPS Next Y25%
EPS Next 2Y19.77%
EPS Next 3Y17.09%
EPS Next 5YN/A
Revenue 1Y (TTM)14.08%
Revenue growth 3Y13.82%
Revenue growth 5Y6.17%
Sales Q2Q%14.37%
Revenue Next Year13.84%
Revenue Next 2Y11.16%
Revenue Next 3Y9.9%
Revenue Next 5Y3.53%
EBIT growth 1Y30.36%
EBIT growth 3Y23.18%
EBIT growth 5Y2.28%
EBIT Next Year78.26%
EBIT Next 3Y29.68%
EBIT Next 5Y17.08%
FCF growth 1Y20.87%
FCF growth 3Y20.23%
FCF growth 5Y3.12%
OCF growth 1Y25.65%
OCF growth 3Y18.58%
OCF growth 5Y2.74%
TECHNOGYM SPA / TGYM.MI FAQ
Can you provide the ChartMill fundamental rating for TECHNOGYM SPA?
ChartMill assigns a fundamental rating of 6 / 10 to TGYM.MI.
What is the valuation status of TECHNOGYM SPA (TGYM.MI) stock?
ChartMill assigns a valuation rating of 3 / 10 to TECHNOGYM SPA (TGYM.MI). This can be considered as Overvalued.
How profitable is TECHNOGYM SPA (TGYM.MI) stock?
TECHNOGYM SPA (TGYM.MI) has a profitability rating of 8 / 10.
Can you provide the PE and PB ratios for TGYM stock?
The Price/Earnings (PE) ratio for TECHNOGYM SPA (TGYM.MI) is 37.59 and the Price/Book (PB) ratio is 14.04.
Can you provide the financial health for TGYM stock?
The financial health rating of TECHNOGYM SPA (TGYM.MI) is 8 / 10.