TILE SHOP HLDGS INC (TTSH)
US88677Q1094 - Common Stock
We assign a fundamental rating of 4 out of 10 to TTSH. TTSH was compared to 126 industry peers in the Specialty Retail industry. TTSH has only an average score on both its financial health and profitability. TTSH has a expensive valuation and it also scores bad on growth.
1. Profitability
1.1 Basic Checks
TTSH had positive earnings in the past year.
TTSH had a positive operating cash flow in the past year.
TTSH had positive earnings in 4 of the past 5 years.
Each year in the past 5 years TTSH had a positive operating cash flow.
1.2 Ratios
TTSH has a Return On Assets of 3.17%. This is in the better half of the industry: TTSH outperforms 61.11% of its industry peers.
TTSH has a Return On Equity of 8.39%. This is in the better half of the industry: TTSH outperforms 65.08% of its industry peers.
TTSH's Return On Invested Capital of 5.39% is in line compared to the rest of the industry. TTSH outperforms 57.14% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for TTSH is significantly below the industry average of 13.62%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.17% | ||
| ROE | 8.39% | ||
| ROIC | 5.39% |
ROA(3y)4.02%
ROA(5y)2.54%
ROE(3y)11.65%
ROE(5y)7.17%
ROIC(3y)6.15%
ROIC(5y)N/A
1.3 Margins
TTSH's Profit Margin of 2.66% is fine compared to the rest of the industry. TTSH outperforms 62.70% of its industry peers.
TTSH's Profit Margin has declined in the last couple of years.
Looking at the Operating Margin, with a value of 4.63%, TTSH is in the better half of the industry, outperforming 61.11% of the companies in the same industry.
TTSH's Operating Margin has been stable in the last couple of years.
TTSH's Gross Margin of 64.44% is amongst the best of the industry. TTSH outperforms 96.03% of its industry peers.
In the last couple of years the Gross Margin of TTSH has declined.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 4.63% | ||
| PM (TTM) | 2.66% | ||
| GM | 64.44% |
OM growth 3Y22.09%
OM growth 5Y-1.01%
PM growth 3Y13.1%
PM growth 5Y-1.71%
GM growth 3Y-1.84%
GM growth 5Y-1.73%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so TTSH is destroying value.
The number of shares outstanding for TTSH has been increased compared to 1 year ago.
TTSH has less shares outstanding than it did 5 years ago.
There is no outstanding debt for TTSH. This means it has a Debt/Equity and Debt/FCF ratio of 0 and it is amongst the best of the sector and industry.
2.2 Solvency
TTSH has an Altman-Z score of 2.38. This is not the best score and indicates that TTSH is in the grey zone with still only limited risk for bankruptcy at the moment.
The Altman-Z score of TTSH (2.38) is comparable to the rest of the industry.
There is no outstanding debt for TTSH. This means it has a Debt/Equity and Debt/FCF ratio of 0 and it is amongst the best of the sector and industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0 | ||
| Altman-Z | 2.38 |
ROIC/WACC0.6
WACC9.04%
2.3 Liquidity
A Current Ratio of 1.45 indicates that TTSH should not have too much problems paying its short term obligations.
The Current ratio of TTSH (1.45) is comparable to the rest of the industry.
TTSH has a Quick Ratio of 1.45. This is a bad value and indicates that TTSH is not financially healthy enough and could expect problems in meeting its short term obligations.
The Quick ratio of TTSH (0.27) is worse than 79.37% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.45 | ||
| Quick Ratio | 0.27 |
3. Growth
3.1 Past
The earnings per share for TTSH have decreased strongly by -25.81% in the last year.
The Earnings Per Share has been growing slightly by 1.84% on average over the past years.
TTSH shows a decrease in Revenue. In the last year, the revenue decreased by -4.47%.
Measured over the past years, TTSH shows a small growth in Revenue. The Revenue has been growing by 1.09% on average per year.
EPS 1Y (TTM)-25.81%
EPS 3Y28.04%
EPS 5Y1.84%
EPS growth Q2Q-66.67%
Revenue 1Y (TTM)-4.47%
Revenue growth 3Y5.07%
Revenue growth 5Y1.09%
Revenue growth Q2Q-3.48%
3.2 Future
No EPS estimates are available, so we could not analyze the future EPS growth and evolution.
No Revenue estimates are available, so we could not analyze the future revenue growth and evolution.
EPS Next Y6.43%
EPS Next 2YN/A
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year2.83%
Revenue Next 2YN/A
Revenue Next 3YN/A
Revenue Next 5YN/A
3.3 Evolution
No EPS estimates are available, so we could not analyze the future EPS growth and evolution.
No Revenue estimates are available, so we could not analyze the future revenue growth and evolution.
4. Valuation
4.1 Price/Earnings Ratio
TTSH is valuated quite expensively with a Price/Earnings ratio of 28.65.
The rest of the industry has a similar Price/Earnings ratio as TTSH.
TTSH is valuated at similar levels of the S&P average when we compare the Price/Earnings ratio to 28.53, which is the current average of the S&P500 Index.
Based on the Price/Forward Earnings ratio of 26.92, the valuation of TTSH can be described as expensive.
Compared to the rest of the industry, the Price/Forward Earnings ratio of TTSH is on the same level as its industry peers.
Compared to an average S&P500 Price/Forward Earnings ratio of 20.31, TTSH is valued a bit more expensive.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 28.65 | ||
| Fwd PE | 26.92 |
4.2 Price Multiples
69.84% of the companies in the same industry are more expensive than TTSH, based on the Enterprise Value to EBITDA ratio.
90.48% of the companies in the same industry are more expensive than TTSH, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 6.28 | ||
| EV/EBITDA | 7.54 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
PEG (NY)4.45
PEG (5Y)15.61
EPS Next 2YN/A
EPS Next 3YN/A
5. Dividend
5.1 Amount
TTSH does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
TILE SHOP HLDGS INC
NASDAQ:TTSH (5/15/2024, 1:39:19 PM)
6.59
-0.16 (-2.37%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupConsumer Discretionary Distribution & Retail
GICS IndustrySpecialty Retail
Earnings (Last)
Earnings (Next)
Inst Owners
Inst Owner Change
Ins Owners
Ins Owner Change
Market Cap293.45M
Analysts
Price Target
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Dividend Growth(5Y)
DP
Div Incr Years
Div Non Decr Years
Ex-Date
Surprises & Revisions
EPS beat(2)
Avg EPS beat(2)
Min EPS beat(2)
Max EPS beat(2)
EPS beat(4)
Avg EPS beat(4)
Min EPS beat(4)
Max EPS beat(4)
EPS beat(8)
Avg EPS beat(8)
EPS beat(12)
Avg EPS beat(12)
EPS beat(16)
Avg EPS beat(16)
Revenue beat(2)
Avg Revenue beat(2)
Min Revenue beat(2)
Max Revenue beat(2)
Revenue beat(4)
Avg Revenue beat(4)
Min Revenue beat(4)
Max Revenue beat(4)
Revenue beat(8)
Avg Revenue beat(8)
Revenue beat(12)
Avg Revenue beat(12)
Revenue beat(16)
Avg Revenue beat(16)
PT rev (1m)
PT rev (3m)
EPS NQ rev (1m)
EPS NQ rev (3m)
EPS NY rev (1m)
EPS NY rev (3m)
Revenue NQ rev (1m)
Revenue NQ rev (3m)
Revenue NY rev (1m)
Revenue NY rev (3m)
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 28.65 | ||
| Fwd PE | 26.92 | ||
| P/S | |||
| P/FCF | |||
| P/OCF | |||
| P/B | |||
| P/tB | |||
| EV/EBITDA |
EPS(TTM)
EY
EPS(NY)
Fwd EY
FCF(TTM)
FCFY
OCF(TTM)
OCFY
SpS
BVpS
TBVpS
PEG (NY)4.45
PEG (5Y)15.61
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.17% | ||
| ROE | 8.39% | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | 4.63% | ||
| PM (TTM) | 2.66% | ||
| GM | 64.44% | ||
| FCFM |
ROA(3y)
ROA(5y)
ROE(3y)
ROE(5y)
ROIC(3y)
ROIC(5y)
ROICexc(3y)
ROICexc(5y)
ROICexgc(3y)
ROICexgc(5y)
ROCE(3y)
ROCE(5y)
ROICexcg growth 3Y
ROICexcg growth 5Y
ROICexc growth 3Y
ROICexc growth 5Y
OM growth 3Y
OM growth 5Y
PM growth 3Y
PM growth 5Y
GM growth 3Y
GM growth 5Y
F-Score
Asset Turnover1.19
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | |||
| Debt/EBITDA | |||
| Cap/Depr | |||
| Cap/Sales | |||
| Interest Coverage | |||
| Cash Conversion | |||
| Profit Quality | |||
| Current Ratio | 1.45 | ||
| Quick Ratio | 0.27 | ||
| Altman-Z |
F-Score
WACC
ROIC/WACC
Cap/Depr(3y)
Cap/Depr(5y)
Cap/Sales(3y)
Cap/Sales(5y)
Profit Quality(3y)
Profit Quality(5y)
Growth
EPS 1Y (TTM)-25.81%
EPS 3Y28.04%
EPS 5Y
EPS growth Q2Q
EPS Next Y6.43%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)-4.47%
Revenue growth 3Y5.07%
Revenue growth 5Y
Revenue growth Q2Q
Revenue Next Year
Revenue Next 2Y
Revenue Next 3Y
Revenue Next 5Y
EBIT growth 1Y
EBIT growth 3Y
EBIT growth 5Y
EBIT Next Year
EBIT Next 3Y
EBIT Next 5Y
FCF growth 1Y
FCF growth 3Y
FCF growth 5Y
OCF growth 1Y
OCF growth 3Y
OCF growth 5Y