29.87 USD
-0.37 (-1.22%)
29.81 USD
-0.06 (-0.2%)
TCMD gets a fundamental rating of 6 out of 10. The analysis compared the fundamentals against 185 industry peers in the Health Care Equipment & Supplies industry. TCMD is in great health and has no worries on liquidiy or solvency at all, but the profibility rating is only average. TCMD is not priced too expensively while it is growing strongly. Keep and eye on this one! These ratings could make TCMD a good candidate for growth investing.
1. Profitability
1.1 Basic Checks
TCMD had positive earnings in the past year.
TCMD had a positive operating cash flow in the past year.
In multiple years TCMD reported negative net income over the last 5 years.
TCMD had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
With an excellent Return On Assets value of 7.01%, TCMD belongs to the best of the industry, outperforming 88.11% of the companies in the same industry.
Looking at the Return On Equity, with a value of 8.86%, TCMD belongs to the top of the industry, outperforming 82.16% of the companies in the same industry.
The Return On Invested Capital of TCMD (7.56%) is better than 82.70% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 7.01% | ||
| ROE | 8.86% | ||
| ROIC | 7.56% |
ROA(3y)2.94%
ROA(5y)0.73%
ROE(3y)2.6%
ROE(5y)-0.37%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
TCMD's Profit Margin of 5.83% is fine compared to the rest of the industry. TCMD outperforms 78.38% of its industry peers.
TCMD's Profit Margin has been stable in the last couple of years.
Looking at the Operating Margin, with a value of 7.39%, TCMD is in the better half of the industry, outperforming 73.51% of the companies in the same industry.
TCMD's Operating Margin has improved in the last couple of years.
TCMD has a Gross Margin (49.88%) which is in line with its industry peers.
TCMD's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 7.39% | ||
| PM (TTM) | 5.83% | ||
| GM | 49.88% |
OM growth 3YN/A
OM growth 5Y6.44%
PM growth 3YN/A
PM growth 5Y-0.06%
GM growth 3Y3.35%
GM growth 5Y-0.43%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so TCMD is destroying value.
TCMD has more shares outstanding than it did 1 year ago.
Compared to 5 years ago, TCMD has more shares outstanding
The debt/assets ratio for TCMD has been reduced compared to a year ago.
2.2 Solvency
An Altman-Z score of 9.68 indicates that TCMD is not in any danger for bankruptcy at the moment.
The Altman-Z score of TCMD (9.68) is better than 88.65% of its industry peers.
There is no outstanding debt for TCMD. 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 | 9.68 |
ROIC/WACC0.76
WACC9.93%
2.3 Liquidity
A Current Ratio of 3.61 indicates that TCMD has no problem at all paying its short term obligations.
With a decent Current ratio value of 3.61, TCMD is doing good in the industry, outperforming 63.24% of the companies in the same industry.
A Quick Ratio of 3.20 indicates that TCMD has no problem at all paying its short term obligations.
With a decent Quick ratio value of 3.20, TCMD is doing good in the industry, outperforming 68.11% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 3.61 | ||
| Quick Ratio | 3.2 |
3. Growth
3.1 Past
TCMD shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 16.67%, which is quite good.
TCMD shows a small growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 4.86% yearly.
TCMD shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 9.28%.
The Revenue has been growing by 9.11% on average over the past years. This is quite good.
EPS 1Y (TTM)16.67%
EPS 3YN/A
EPS 5Y4.86%
EPS Q2Q%71.43%
Revenue 1Y (TTM)9.28%
Revenue growth 3Y12.08%
Revenue growth 5Y9.11%
Sales Q2Q%17.32%
3.2 Future
The Earnings Per Share is expected to grow by 20.90% on average over the next years. This is a very strong growth
TCMD is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 8.94% yearly.
EPS Next Y14.64%
EPS Next 2Y19.86%
EPS Next 3Y20.9%
EPS Next 5YN/A
Revenue Next Year9.19%
Revenue Next 2Y9.01%
Revenue Next 3Y8.94%
Revenue Next 5YN/A
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.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is stable.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 38.79, the valuation of TCMD can be described as expensive.
Based on the Price/Earnings ratio, TCMD is valued a bit cheaper than 70.81% of the companies in the same industry.
TCMD's Price/Earnings ratio indicates a valuation a bit more expensive than the S&P500 average which is at 27.25.
With a Price/Forward Earnings ratio of 29.28, TCMD can be considered very expensive at the moment.
72.97% of the companies in the same industry are more expensive than TCMD, based on the Price/Forward Earnings ratio.
TCMD's Price/Forward Earnings ratio indicates a valuation a bit more expensive than the S&P500 average which is at 23.98.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 38.79 | ||
| Fwd PE | 29.28 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of TCMD indicates a somewhat cheap valuation: TCMD is cheaper than 77.84% of the companies listed in the same industry.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of TCMD indicates a rather cheap valuation: TCMD is cheaper than 94.05% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 16.94 | ||
| EV/EBITDA | 19.49 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
TCMD has a very decent profitability rating, which may justify a higher PE ratio.
A more expensive valuation may be justified as TCMD's earnings are expected to grow with 20.90% in the coming years.
PEG (NY)2.65
PEG (5Y)7.98
EPS Next 2Y19.86%
EPS Next 3Y20.9%
5. Dividend
5.1 Amount
TCMD does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
29.87
-0.37 (-1.22%)
Chartmill FA Rating
GICS SectorHealth Care
GICS IndustryGroupHealth Care Equipment & Services
GICS IndustryHealth Care Equipment & Supplies
Earnings (Last)
Earnings (Next)
Inst Owners99.01%
Inst Owner Change0.33%
Ins Owners2.66%
Ins Owner Change-0.79%
Market Cap667.30M
Revenue(TTM)311.51M
Net Income(TTM)18.17M
Analysts81.82
Price Target24.48 (-18.04%)
Short Float %9.63%
Short Ratio4.48
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
Yearly DividendN/A
Dividend Growth(5Y)N/A
DP0%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)64.96%
Min EPS beat(2)27.09%
Max EPS beat(2)102.84%
EPS beat(4)3
Avg EPS beat(4)18.21%
Min EPS beat(4)-82.07%
Max EPS beat(4)102.84%
EPS beat(8)7
Avg EPS beat(8)30.85%
EPS beat(12)11
Avg EPS beat(12)304.86%
EPS beat(16)11
Avg EPS beat(16)169.54%
Revenue beat(2)2
Avg Revenue beat(2)5.32%
Min Revenue beat(2)4.63%
Max Revenue beat(2)6.01%
Revenue beat(4)2
Avg Revenue beat(4)0.95%
Min Revenue beat(4)-5.08%
Max Revenue beat(4)6.01%
Revenue beat(8)3
Avg Revenue beat(8)-0.62%
Revenue beat(12)6
Avg Revenue beat(12)0.51%
Revenue beat(16)10
Avg Revenue beat(16)1.53%
PT rev (1m)0%
PT rev (3m)77.78%
EPS NQ rev (1m)0%
EPS NQ rev (3m)0%
EPS NY rev (1m)0%
EPS NY rev (3m)28.19%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0.99%
Revenue NY rev (1m)0%
Revenue NY rev (3m)2.32%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 38.79 | ||
| Fwd PE | 29.28 | ||
| P/S | 2.14 | ||
| P/FCF | 16.94 | ||
| P/OCF | 15.95 | ||
| P/B | 3.26 | ||
| P/tB | 4.98 | ||
| EV/EBITDA | 19.49 |
EPS(TTM)0.77
EY2.58%
EPS(NY)1.02
Fwd EY3.41%
FCF(TTM)1.76
FCFY5.9%
OCF(TTM)1.87
OCFY6.27%
SpS13.94
BVpS9.17
TBVpS5.99
PEG (NY)2.65
PEG (5Y)7.98
Graham Number12.61
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 7.01% | ||
| ROE | 8.86% | ||
| ROCE | 10.46% | ||
| ROIC | 7.56% | ||
| ROICexc | 11.94% | ||
| ROICexgc | 24.41% | ||
| OM | 7.39% | ||
| PM (TTM) | 5.83% | ||
| GM | 49.88% | ||
| FCFM | 12.65% |
ROA(3y)2.94%
ROA(5y)0.73%
ROE(3y)2.6%
ROE(5y)-0.37%
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexgc growth 3YN/A
ROICexgc growth 5Y15.26%
ROICexc growth 3YN/A
ROICexc growth 5Y1.86%
OM growth 3YN/A
OM growth 5Y6.44%
PM growth 3YN/A
PM growth 5Y-0.06%
GM growth 3Y3.35%
GM growth 5Y-0.43%
F-Score7
Asset Turnover1.2
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0 | ||
| Debt/EBITDA | 0 | ||
| Cap/Depr | 36.37% | ||
| Cap/Sales | 0.79% | ||
| Interest Coverage | 17.31 | ||
| Cash Conversion | 140.64% | ||
| Profit Quality | 216.85% | ||
| Current Ratio | 3.61 | ||
| Quick Ratio | 3.2 | ||
| Altman-Z | 9.68 |
F-Score7
WACC9.93%
ROIC/WACC0.76
Cap/Depr(3y)35.17%
Cap/Depr(5y)50.34%
Cap/Sales(3y)0.85%
Cap/Sales(5y)0.98%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)16.67%
EPS 3YN/A
EPS 5Y4.86%
EPS Q2Q%71.43%
EPS Next Y14.64%
EPS Next 2Y19.86%
EPS Next 3Y20.9%
EPS Next 5YN/A
Revenue 1Y (TTM)9.28%
Revenue growth 3Y12.08%
Revenue growth 5Y9.11%
Sales Q2Q%17.32%
Revenue Next Year9.19%
Revenue Next 2Y9.01%
Revenue Next 3Y8.94%
Revenue Next 5YN/A
EBIT growth 1Y7.23%
EBIT growth 3YN/A
EBIT growth 5Y16.13%
EBIT Next Year85.47%
EBIT Next 3Y35.54%
EBIT Next 5YN/A
FCF growth 1Y99.58%
FCF growth 3Y420.83%
FCF growth 5YN/A
OCF growth 1Y95.92%
OCF growth 3Y149.11%
OCF growth 5Y74.54%
TACTILE SYSTEMS TECHNOLOGY I / TCMD FAQ
Can you provide the ChartMill fundamental rating for TACTILE SYSTEMS TECHNOLOGY I?
ChartMill assigns a fundamental rating of 6 / 10 to TCMD.
What is the valuation status of TACTILE SYSTEMS TECHNOLOGY I (TCMD) stock?
ChartMill assigns a valuation rating of 4 / 10 to TACTILE SYSTEMS TECHNOLOGY I (TCMD). This can be considered as Fairly Valued.
What is the profitability of TCMD stock?
TACTILE SYSTEMS TECHNOLOGY I (TCMD) has a profitability rating of 6 / 10.
Can you provide the PE and PB ratios for TCMD stock?
The Price/Earnings (PE) ratio for TACTILE SYSTEMS TECHNOLOGY I (TCMD) is 38.79 and the Price/Book (PB) ratio is 3.26.
What is the expected EPS growth for TACTILE SYSTEMS TECHNOLOGY I (TCMD) stock?
The Earnings per Share (EPS) of TACTILE SYSTEMS TECHNOLOGY I (TCMD) is expected to grow by 14.64% in the next year.