TINEXTA SPA (TNXT.MI) Stock Fundamental Analysis
BIT:TNXT - Euronext Milan - IT0005037210 - Common Stock - Currency: EUR
Overall TNXT gets a fundamental rating of 3 out of 10. We evaluated TNXT against 27 industry peers in the Professional Services industry. While TNXT is still in line with the averages on profitability rating, there are concerns on its financial health. TNXT is valied quite expensively at the moment, while it does show a decent growth rate.
1. Profitability
1.1 Basic Checks
In the past year TNXT was profitable.
In the past year TNXT had a positive cash flow from operations.
In the past 5 years TNXT has always been profitable.
In the past 5 years TNXT always reported a positive cash flow from operatings.
1.2 Ratios
TNXT's Return On Assets of 1.32% is in line compared to the rest of the industry. TNXT outperforms 44.44% of its industry peers.
TNXT has a Return On Equity of 3.77%. This is comparable to the rest of the industry: TNXT outperforms 44.44% of its industry peers.
Looking at the Return On Invested Capital, with a value of 5.60%, TNXT is in line with its industry, outperforming 48.15% of the companies in the same industry.
Measured over the past 3 years, the Average Return On Invested Capital for TNXT is significantly below the industry average of 11.35%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.32% | ||
| ROE | 3.77% | ||
| ROIC | 5.6% |
ROA(3y)5.16%
ROA(5y)5.43%
ROE(3y)13.52%
ROE(5y)16.32%
ROIC(3y)5.98%
ROIC(5y)7.21%
1.3 Margins
TNXT has a Profit Margin (2.34%) which is in line with its industry peers.
TNXT's Profit Margin has declined in the last couple of years.
The Operating Margin of TNXT (8.66%) is better than 70.37% of its industry peers.
In the last couple of years the Operating Margin of TNXT has declined.
TNXT has a better Gross Margin (68.78%) than 66.67% of its industry peers.
In the last couple of years the Gross Margin of TNXT has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 8.66% | ||
| PM (TTM) | 2.34% | ||
| GM | 68.78% |
OM growth 3Y-9.54%
OM growth 5Y-10.27%
PM growth 3Y-31.41%
PM growth 5Y-18.12%
GM growth 3Y1.39%
GM growth 5Y0.01%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), TNXT is destroying value.
TNXT has more shares outstanding than it did 1 year ago.
Compared to 5 years ago, TNXT has less shares outstanding
TNXT has a worse debt/assets ratio than last year.
2.2 Solvency
TNXT has an Altman-Z score of 1.47. This is a bad value and indicates that TNXT is not financially healthy and even has some risk of bankruptcy.
TNXT has a Altman-Z score of 1.47. This is in the lower half of the industry: TNXT underperforms 74.07% of its industry peers.
TNXT has a debt to FCF ratio of 10.80. This is a negative value and a sign of low solvency as TNXT would need 10.80 years to pay back of all of its debts.
TNXT's Debt to FCF ratio of 10.80 is on the low side compared to the rest of the industry. TNXT is outperformed by 66.67% of its industry peers.
TNXT has a Debt/Equity ratio of 0.57. This is a neutral value indicating TNXT is somewhat dependend on debt financing.
TNXT's Debt to Equity ratio of 0.57 is in line compared to the rest of the industry. TNXT outperforms 59.26% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.57 | ||
| Debt/FCF | 10.8 | ||
| Altman-Z | 1.47 |
ROIC/WACC0.86
WACC6.54%
2.3 Liquidity
TNXT has a Current Ratio of 0.98. This is a bad value and indicates that TNXT is not financially healthy enough and could expect problems in meeting its short term obligations.
TNXT's Current ratio of 0.98 is in line compared to the rest of the industry. TNXT outperforms 48.15% of its industry peers.
A Quick Ratio of 0.97 indicates that TNXT may have some problems paying its short term obligations.
The Quick ratio of TNXT (0.97) is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.98 | ||
| Quick Ratio | 0.97 |
3. Growth
3.1 Past
TNXT shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -85.30%.
TNXT shows a decrease in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -8.04% yearly.
The Revenue has grown by 15.34% in the past year. This is quite good.
TNXT shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 11.95% yearly.
EPS 1Y (TTM)-85.3%
EPS 3Y-20.66%
EPS 5Y-8.04%
EPS Q2Q%-13.01%
Revenue 1Y (TTM)15.34%
Revenue growth 3Y14.7%
Revenue growth 5Y11.95%
Sales Q2Q%18.15%
3.2 Future
The Earnings Per Share is expected to grow by 9.54% on average over the next years. This is quite good.
The Revenue is expected to grow by 8.76% on average over the next years. This is quite good.
EPS Next Y-0.55%
EPS Next 2Y11.15%
EPS Next 3Y9.54%
EPS Next 5YN/A
Revenue Next Year9.56%
Revenue Next 2Y8.63%
Revenue Next 3Y7.73%
Revenue Next 5Y8.76%
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 29.33, the valuation of TNXT can be described as expensive.
The rest of the industry has a similar Price/Earnings ratio as TNXT.
When comparing the Price/Earnings ratio of TNXT to the average of the S&P500 Index (28.10), we can say TNXT is valued inline with the index average.
The Price/Forward Earnings ratio is 11.63, which indicates a very decent valuation of TNXT.
Based on the Price/Forward Earnings ratio, TNXT is valued a bit cheaper than 77.78% of the companies in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 20.74, TNXT is valued a bit cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 29.33 | ||
| Fwd PE | 11.63 |
4.2 Price Multiples
TNXT's Enterprise Value to EBITDA ratio is a bit cheaper when compared to the industry. TNXT is cheaper than 77.78% of the companies in the same industry.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of TNXT is on the same level as its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 16.1 | ||
| EV/EBITDA | 5.82 |
4.3 Compensation for Growth
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y11.15%
EPS Next 3Y9.54%
5. Dividend
5.1 Amount
TNXT has a Yearly Dividend Yield of 3.20%.
Compared to an average industry Dividend Yield of 3.12, TNXT pays a bit more dividend than its industry peers.
TNXT's Dividend Yield is a higher than the S&P500 average which is at 2.43.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.2% |
5.2 History
The dividend of TNXT is nicely growing with an annual growth rate of 12.69%!
Dividend Growth(5Y)12.69%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
188.00% of the earnings are spent on dividend by TNXT. This is not a sustainable payout ratio.
TNXT's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DP188%
EPS Next 2Y11.15%
EPS Next 3Y9.54%
BIT:TNXT (5/6/2025, 1:58:12 PM)
9.68
+0.03 (+0.31%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCommercial & Professional Services
GICS IndustryProfessional Services
Earnings (Last)
Earnings (Next)
Inst Owners22.61%
Inst Owner ChangeN/A
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap456.99M
Analysts81.67
Price Target13.58 (40.29%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.2% |
Yearly Dividend0.63
Dividend Growth(5Y)12.69%
DP188%
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%
PT rev (3m)-2.92%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)-13.74%
EPS NY rev (3m)-0.97%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)-1.95%
Revenue NY rev (3m)-2.24%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 29.33 | ||
| Fwd PE | 11.63 | ||
| P/S | 0.7 | ||
| P/FCF | 16.1 | ||
| P/OCF | 6.51 | ||
| P/B | 1.12 | ||
| P/tB | N/A | ||
| EV/EBITDA | 5.82 |
EPS(TTM)0.33
EY3.41%
EPS(NY)0.83
Fwd EY8.6%
FCF(TTM)0.6
FCFY6.21%
OCF(TTM)1.49
OCFY15.36%
SpS13.9
BVpS8.64
TBVpS-6.72
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.32% | ||
| ROE | 3.77% | ||
| ROCE | 6.96% | ||
| ROIC | 5.6% | ||
| ROICexc | 6.32% | ||
| ROICexgc | N/A | ||
| OM | 8.66% | ||
| PM (TTM) | 2.34% | ||
| GM | 68.78% | ||
| FCFM | 4.32% |
ROA(3y)5.16%
ROA(5y)5.43%
ROE(3y)13.52%
ROE(5y)16.32%
ROIC(3y)5.98%
ROIC(5y)7.21%
ROICexc(3y)8.04%
ROICexc(5y)9.5%
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)7.43%
ROCE(5y)8.95%
ROICexcg growth 3YN/A
ROICexcg growth 5YN/A
ROICexc growth 3Y-6.13%
ROICexc growth 5Y-18.43%
OM growth 3Y-9.54%
OM growth 5Y-10.27%
PM growth 3Y-31.41%
PM growth 5Y-18.12%
GM growth 3Y1.39%
GM growth 5Y0.01%
F-Score4
Asset Turnover0.56
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.57 | ||
| Debt/FCF | 10.8 | ||
| Debt/EBITDA | 2.11 | ||
| Cap/Depr | 77.41% | ||
| Cap/Sales | 6.37% | ||
| Interest Coverage | 7.03 | ||
| Cash Conversion | 63.32% | ||
| Profit Quality | 184.43% | ||
| Current Ratio | 0.98 | ||
| Quick Ratio | 0.97 | ||
| Altman-Z | 1.47 |
F-Score4
WACC6.54%
ROIC/WACC0.86
Cap/Depr(3y)80.96%
Cap/Depr(5y)71.57%
Cap/Sales(3y)8.53%
Cap/Sales(5y)7.3%
Profit Quality(3y)92.78%
Profit Quality(5y)121.68%
High Growth Momentum
Growth
EPS 1Y (TTM)-85.3%
EPS 3Y-20.66%
EPS 5Y-8.04%
EPS Q2Q%-13.01%
EPS Next Y-0.55%
EPS Next 2Y11.15%
EPS Next 3Y9.54%
EPS Next 5YN/A
Revenue 1Y (TTM)15.34%
Revenue growth 3Y14.7%
Revenue growth 5Y11.95%
Sales Q2Q%18.15%
Revenue Next Year9.56%
Revenue Next 2Y8.63%
Revenue Next 3Y7.73%
Revenue Next 5Y8.76%
EBIT growth 1Y-13.99%
EBIT growth 3Y3.76%
EBIT growth 5Y0.46%
EBIT Next Year120.47%
EBIT Next 3Y38.75%
EBIT Next 5YN/A
FCF growth 1Y-23.05%
FCF growth 3Y-20.45%
FCF growth 5Y-7.4%
OCF growth 1Y-6.54%
OCF growth 3Y-1.09%
OCF growth 5Y4.92%