TAIGA BUILDING PRODUCTS LTD (TBL.CA) Stock Fundamental Analysis
Canada - Toronto Stock Exchange - TSX:TBL - CA87402A1084 - Common Stock
3.55 CAD
+0.01 (+0.28%)
TBL gets a fundamental rating of 6 out of 10. The analysis compared the fundamentals against 12 industry peers in the Trading Companies & Distributors industry. TBL gets an excellent profitability rating and is at the same time showing great financial health properties. TBL is valued correctly, but it does not seem to be growing.
1. Profitability
1.1 Basic Checks
- In the past year TBL was profitable.
- In the past year TBL had a positive cash flow from operations.
- In the past 5 years TBL has always been profitable.
- In the past 5 years TBL always reported a positive cash flow from operatings.
1.2 Ratios
- The Return On Assets of TBL (7.89%) is better than 83.33% of its industry peers.
- TBL's Return On Equity of 14.36% is amongst the best of the industry. TBL outperforms 83.33% of its industry peers.
- TBL has a better Return On Invested Capital (11.74%) than 100.00% of its industry peers.
- TBL had an Average Return On Invested Capital over the past 3 years of 13.98%. This is significantly above the industry average of 8.04%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 7.89% | ||
| ROE | 14.36% | ||
| ROIC | 11.74% |
ROA(3y)10.34%
ROA(5y)12.37%
ROE(3y)16.79%
ROE(5y)23.92%
ROIC(3y)13.98%
ROIC(5y)18.11%
1.3 Margins
- TBL has a Profit Margin (2.67%) which is in line with its industry peers.
- In the last couple of years the Profit Margin of TBL has grown nicely.
- TBL's Operating Margin of 3.87% is on the low side compared to the rest of the industry. TBL is outperformed by 75.00% of its industry peers.
- TBL's Operating Margin has improved in the last couple of years.
- TBL's Gross Margin of 10.61% is on the low side compared to the rest of the industry. TBL is outperformed by 91.67% of its industry peers.
- TBL's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 3.87% | ||
| PM (TTM) | 2.67% | ||
| GM | 10.61% |
OM growth 3Y-12.33%
OM growth 5Y2.55%
PM growth 3Y-11.31%
PM growth 5Y7.88%
GM growth 3Y-7.79%
GM growth 5Y1.24%
2. Health
2.1 Basic Checks
- The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so TBL is still creating some value.
- Compared to 1 year ago, TBL has about the same amount of shares outstanding.
- The number of shares outstanding for TBL has been reduced compared to 5 years ago.
- TBL has a better debt/assets ratio than last year.
2.2 Solvency
- An Altman-Z score of 5.20 indicates that TBL is not in any danger for bankruptcy at the moment.
- TBL has a better Altman-Z score (5.20) than 75.00% of its industry peers.
- TBL has a debt to FCF ratio of 2.59. This is a good value and a sign of high solvency as TBL would need 2.59 years to pay back of all of its debts.
- Looking at the Debt to FCF ratio, with a value of 2.59, TBL belongs to the top of the industry, outperforming 83.33% of the companies in the same industry.
- A Debt/Equity ratio of 0.31 indicates that TBL is not too dependend on debt financing.
- The Debt to Equity ratio of TBL (0.31) is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.31 | ||
| Debt/FCF | 2.59 | ||
| Altman-Z | 5.2 |
ROIC/WACC1.44
WACC8.16%
2.3 Liquidity
- TBL has a Current Ratio of 2.57. This indicates that TBL is financially healthy and has no problem in meeting its short term obligations.
- With a decent Current ratio value of 2.57, TBL is doing good in the industry, outperforming 66.67% of the companies in the same industry.
- TBL has a Quick Ratio of 1.43. This is a normal value and indicates that TBL is financially healthy and should not expect problems in meeting its short term obligations.
- The Quick ratio of TBL (1.43) is better than 75.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.57 | ||
| Quick Ratio | 1.43 |
3. Growth
3.1 Past
- The earnings per share for TBL have decreased strongly by -12.14% in the last year.
- The Earnings Per Share has been growing by 13.91% on average over the past years. This is quite good.
- TBL shows a small growth in Revenue. In the last year, the Revenue has grown by 2.99%.
- TBL shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 4.70% yearly.
EPS 1Y (TTM)-12.14%
EPS 3Y-19.64%
EPS 5Y13.91%
EPS Q2Q%-10.62%
Revenue 1Y (TTM)2.99%
Revenue growth 3Y-9.7%
Revenue growth 5Y4.7%
Sales Q2Q%1.74%
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 YN/A
EPS Next 2YN/A
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next YearN/A
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
- With a Price/Earnings ratio of 8.66, the valuation of TBL can be described as very reasonable.
- Compared to the rest of the industry, the Price/Earnings ratio of TBL indicates a rather cheap valuation: TBL is cheaper than 100.00% of the companies listed in the same industry.
- The average S&P500 Price/Earnings ratio is at 27.21. TBL is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.66 | ||
| Fwd PE | N/A |
4.2 Price Multiples
- Based on the Enterprise Value to EBITDA ratio, TBL is valued cheaply inside the industry as 91.67% of the companies are valued more expensively.
- 66.67% of the companies in the same industry are more expensive than TBL, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 9.68 | ||
| EV/EBITDA | 5.69 |
4.3 Compensation for Growth
- TBL has a very decent profitability rating, which may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)0.62
EPS Next 2YN/A
EPS Next 3YN/A
5. Dividend
5.1 Amount
- With a Yearly Dividend Yield of 46.97%, TBL is a good candidate for dividend investing.
- TBL's Dividend Yield is rather good when compared to the industry average which is at 5.97. TBL pays more dividend than 100.00% of the companies in the same industry.
- TBL's Dividend Yield is rather good when compared to the S&P500 average which is at 1.81.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 46.97% |
5.2 History
- TBL has been paying a dividend for over 5 years, so it has already some track record.
Dividend Growth(5Y)N/A
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
- 406.38% of the earnings are spent on dividend by TBL. This is not a sustainable payout ratio.
DP406.38%
EPS Next 2YN/A
EPS Next 3YN/A
TAIGA BUILDING PRODUCTS LTD / TBL.CA FAQ
What is the ChartMill fundamental rating of TAIGA BUILDING PRODUCTS LTD (TBL.CA) stock?
ChartMill assigns a fundamental rating of 6 / 10 to TBL.CA.
What is the valuation status of TAIGA BUILDING PRODUCTS LTD (TBL.CA) stock?
ChartMill assigns a valuation rating of 5 / 10 to TAIGA BUILDING PRODUCTS LTD (TBL.CA). This can be considered as Fairly Valued.
How profitable is TAIGA BUILDING PRODUCTS LTD (TBL.CA) stock?
TAIGA BUILDING PRODUCTS LTD (TBL.CA) has a profitability rating of 7 / 10.
What are the PE and PB ratios of TAIGA BUILDING PRODUCTS LTD (TBL.CA) stock?
The Price/Earnings (PE) ratio for TAIGA BUILDING PRODUCTS LTD (TBL.CA) is 8.66 and the Price/Book (PB) ratio is 1.24.
What is the financial health of TAIGA BUILDING PRODUCTS LTD (TBL.CA) stock?
The financial health rating of TAIGA BUILDING PRODUCTS LTD (TBL.CA) is 7 / 10.