TINEXTA SPA (TNXT.MI) Stock Fundamental Analysis
BIT:TNXT - Euronext Milan - IT0005037210 - Common Stock - Currency: EUR
TNXT gets a fundamental rating of 3 out of 10. The analysis compared the fundamentals against 29 industry peers in the Professional Services industry. TNXT has a medium profitability rating, but doesn't score so well on its financial health evaluation. 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.
Each year in the past 5 years TNXT has been profitable.
TNXT had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
With a Return On Assets value of 1.32%, TNXT perfoms like the industry average, outperforming 41.38% of the companies in the same industry.
The Return On Equity of TNXT (3.77%) is comparable to the rest of the industry.
TNXT has a Return On Invested Capital of 5.60%. This is comparable to the rest of the industry: TNXT outperforms 48.28% of its industry peers.
The Average Return On Invested Capital over the past 3 years for TNXT is below the industry average of 10.29%.
| 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
With a Profit Margin value of 2.34%, TNXT perfoms like the industry average, outperforming 58.62% of the companies in the same industry.
In the last couple of years the Profit Margin of TNXT has declined.
TNXT has a better Operating Margin (8.66%) than 68.97% of its industry peers.
In the last couple of years the Operating Margin of TNXT has declined.
Looking at the Gross Margin, with a value of 68.78%, TNXT is in the better half of the industry, outperforming 62.07% of the companies in the same industry.
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
Compared to 1 year ago, TNXT has a worse debt to assets ratio.
2.2 Solvency
TNXT has an Altman-Z score of 1.57. This is a bad value and indicates that TNXT is not financially healthy and even has some risk of bankruptcy.
TNXT's Altman-Z score of 1.57 is on the low side compared to the rest of the industry. TNXT is outperformed by 72.41% 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.
With a Debt to FCF ratio value of 10.80, TNXT is not doing good in the industry: 68.97% of the companies in the same industry are doing better.
A Debt/Equity ratio of 0.57 indicates that TNXT is somewhat dependend on debt financing.
Looking at the Debt to Equity ratio, with a value of 0.57, TNXT is in line with its industry, outperforming 55.17% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.57 | ||
| Debt/FCF | 10.8 | ||
| Altman-Z | 1.57 |
ROIC/WACC0.84
WACC6.66%
2.3 Liquidity
A Current Ratio of 0.98 indicates that TNXT may have some problems paying its short term obligations.
The Current ratio of TNXT (0.98) is comparable to the rest of the industry.
A Quick Ratio of 0.97 indicates that TNXT may have some problems paying its short term obligations.
TNXT has a Quick ratio (0.97) which 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 -76.16%.
Measured over the past years, TNXT shows a decrease in Earnings Per Share. The EPS has been decreasing by -8.04% on average per year.
TNXT shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 15.83%.
The Revenue has been growing by 11.95% on average over the past years. This is quite good.
EPS 1Y (TTM)-76.16%
EPS 3Y-20.66%
EPS 5Y-8.04%
EPS Q2Q%-16.67%
Revenue 1Y (TTM)15.83%
Revenue growth 3Y14.7%
Revenue growth 5Y11.95%
Sales Q2Q%17.37%
3.2 Future
TNXT is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 9.54% yearly.
Based on estimates for the next years, TNXT will show a quite strong growth in Revenue. The Revenue will grow by 8.76% on average per year.
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
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.
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 38.16, the valuation of TNXT can be described as expensive.
TNXT's Price/Earnings ratio is in line with the industry average.
TNXT's Price/Earnings ratio indicates a valuation a bit more expensive than the S&P500 average which is at 27.41.
TNXT is valuated reasonably with a Price/Forward Earnings ratio of 11.81.
Based on the Price/Forward Earnings ratio, TNXT is valued a bit cheaper than 75.86% of the companies in the same industry.
When comparing the Price/Forward Earnings ratio of TNXT to the average of the S&P500 Index (35.19), we can say TNXT is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 38.16 | ||
| Fwd PE | 11.81 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, TNXT is valued a bit cheaper than the industry average as 72.41% of the companies are valued more expensively.
TNXT's Price/Free Cash Flow ratio is in line with the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 20.31 | ||
| EV/EBITDA | 6.96 |
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 2.41%.
Compared to an average industry Dividend Yield of 2.87, TNXT pays a bit more dividend than its industry peers.
TNXT's Dividend Yield is comparable with the S&P500 average which is at 2.35.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.41% |
5.2 History
On average, the dividend of TNXT grows each year by 12.69%, which is quite nice.
Dividend Growth(5Y)12.69%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
TNXT pays out 188.00% of its income as dividend. 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 (7/14/2025, 5:29:56 PM)
12.21
-0.12 (-1.01%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCommercial & Professional Services
GICS IndustryProfessional Services
Earnings (Last)
Earnings (Next)
Inst Owners15.92%
Inst Owner ChangeN/A
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap576.43M
Analysts81.67
Price Target13.58 (11.22%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.41% |
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)0%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)0%
EPS NY rev (3m)-13.74%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)-1.95%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 38.16 | ||
| Fwd PE | 11.81 | ||
| P/S | 0.88 | ||
| P/FCF | 20.31 | ||
| P/OCF | 8.21 | ||
| P/B | 1.41 | ||
| P/tB | N/A | ||
| EV/EBITDA | 6.96 |
EPS(TTM)0.32
EY2.62%
EPS(NY)1.03
Fwd EY8.47%
FCF(TTM)0.6
FCFY4.92%
OCF(TTM)1.49
OCFY12.18%
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 | 1.57 |
F-Score4
WACC6.66%
ROIC/WACC0.84
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)-76.16%
EPS 3Y-20.66%
EPS 5Y-8.04%
EPS Q2Q%-16.67%
EPS Next Y-0.55%
EPS Next 2Y11.15%
EPS Next 3Y9.54%
EPS Next 5YN/A
Revenue 1Y (TTM)15.83%
Revenue growth 3Y14.7%
Revenue growth 5Y11.95%
Sales Q2Q%17.37%
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 3Y39.67%
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%