TESSENDERLO GROUP (TESB.BR) Stock Fundamental Analysis
Europe - Euronext Brussels - EBR:TESB - BE0003555639 - Common Stock
25.6 EUR
-0.55 (-2.1%)
Taking everything into account, TESB scores 4 out of 10 in our fundamental rating. TESB was compared to 69 industry peers in the Chemicals industry. While TESB seems to be doing ok healthwise, there are quite some concerns on its profitability. TESB has a decent growth rate and is not valued too expensively.
1. Profitability
1.1 Basic Checks
In the past year TESB has reported negative net income.
In the past year TESB had a positive cash flow from operations.
In the past 5 years TESB has always been profitable.
TESB had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
The Return On Assets of TESB (-0.96%) is worse than 66.67% of its industry peers.
TESB has a Return On Equity of -1.52%. This is in the lower half of the industry: TESB underperforms 66.67% of its industry peers.
TESB has a Return On Invested Capital (2.47%) which is in line with its industry peers.
The Average Return On Invested Capital over the past 3 years for TESB is in line with the industry average of 6.95%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -0.96% | ||
| ROE | -1.52% | ||
| ROIC | 2.47% |
ROA(3y)5.03%
ROA(5y)5.73%
ROE(3y)8.04%
ROE(5y)10.34%
ROIC(3y)6.25%
ROIC(5y)7.52%
1.3 Margins
TESB's Profit Margin has declined in the last couple of years.
With a Operating Margin value of 2.61%, TESB perfoms like the industry average, outperforming 42.03% of the companies in the same industry.
In the last couple of years the Operating Margin of TESB has declined.
TESB's Gross Margin of 19.33% is on the low side compared to the rest of the industry. TESB is outperformed by 73.91% of its industry peers.
TESB's Gross Margin has declined in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 2.61% | ||
| PM (TTM) | N/A | ||
| GM | 19.33% |
OM growth 3Y-39.29%
OM growth 5Y-20.88%
PM growth 3Y-43.63%
PM growth 5Y-21.76%
GM growth 3Y-9.65%
GM growth 5Y-5.01%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), TESB is destroying value.
Compared to 1 year ago, TESB has less shares outstanding
TESB has more shares outstanding than it did 5 years ago.
The debt/assets ratio for TESB is higher compared to a year ago.
2.2 Solvency
TESB has an Altman-Z score of 2.08. This is not the best score and indicates that TESB is in the grey zone with still only limited risk for bankruptcy at the moment.
TESB has a Altman-Z score of 2.08. This is in the lower half of the industry: TESB underperforms 60.87% of its industry peers.
The Debt to FCF ratio of TESB is 2.34, which is a good value as it means it would take TESB, 2.34 years of fcf income to pay off all of its debts.
TESB has a better Debt to FCF ratio (2.34) than 91.30% of its industry peers.
TESB has a Debt/Equity ratio of 0.06. This is a healthy value indicating a solid balance between debt and equity.
TESB has a Debt to Equity ratio of 0.06. This is amongst the best in the industry. TESB outperforms 86.96% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.06 | ||
| Debt/FCF | 2.34 | ||
| Altman-Z | 2.08 |
ROIC/WACC0.35
WACC7.15%
2.3 Liquidity
A Current Ratio of 1.94 indicates that TESB should not have too much problems paying its short term obligations.
TESB has a Current ratio of 1.94. This is in the better half of the industry: TESB outperforms 65.22% of its industry peers.
TESB has a Quick Ratio of 1.18. This is a normal value and indicates that TESB is financially healthy and should not expect problems in meeting its short term obligations.
With a Quick ratio value of 1.18, TESB perfoms like the industry average, outperforming 57.97% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.94 | ||
| Quick Ratio | 1.18 |
3. Growth
3.1 Past
The earnings per share for TESB have decreased strongly by -131.18% in the last year.
TESB shows a very negative growth in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -20.75% yearly.
Looking at the last year, TESB shows a small growth in Revenue. The Revenue has grown by 2.05% in the last year.
TESB shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 8.72% yearly.
EPS 1Y (TTM)-131.18%
EPS 3Y-45.77%
EPS 5Y-20.75%
EPS Q2Q%-116.23%
Revenue 1Y (TTM)2.05%
Revenue growth 3Y8.35%
Revenue growth 5Y8.72%
Sales Q2Q%7.08%
3.2 Future
The Earnings Per Share is expected to grow by 19.97% on average over the next years. This is quite good.
The Revenue is expected to grow by 3.77% on average over the next years.
EPS Next Y26.82%
EPS Next 2Y23.83%
EPS Next 3Y19.97%
EPS Next 5YN/A
Revenue Next Year2.34%
Revenue Next 2Y3.91%
Revenue Next 3Y3.83%
Revenue Next 5Y3.77%
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 decreasing.
4. Valuation
4.1 Price/Earnings Ratio
TESB reported negative earnings for the last year, which makes the Price/Earnings Ratio negative.
A Price/Forward Earnings ratio of 14.55 indicates a correct valuation of TESB.
69.57% of the companies in the same industry are more expensive than TESB, based on the Price/Forward Earnings ratio.
Compared to an average S&P500 Price/Forward Earnings ratio of 23.92, TESB is valued a bit cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 14.55 |
4.2 Price Multiples
92.75% of the companies in the same industry are more expensive than TESB, based on the Enterprise Value to EBITDA ratio.
Based on the Price/Free Cash Flow ratio, TESB is valued cheaply inside the industry as 85.51% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 14 | ||
| EV/EBITDA | 5.17 |
4.3 Compensation for Growth
TESB's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
A more expensive valuation may be justified as TESB's earnings are expected to grow with 19.97% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y23.83%
EPS Next 3Y19.97%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 2.02%, TESB has a reasonable but not impressive dividend return.
Compared to an average industry Dividend Yield of 2.45, TESB has a dividend in line with its industry peers.
TESB's Dividend Yield is comparable with the S&P500 average which is at 1.92.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.02% |
5.2 History
The dividend of TESB is nicely growing with an annual growth rate of 6.16%!
Dividend Growth(5Y)6.16%
Div Incr Years0
Div Non Decr Years2
5.3 Sustainability
TESB has negative earnings and hence a negative payout ratio. The dividend may be in danger.
TESB's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP-166.05%
EPS Next 2Y23.83%
EPS Next 3Y19.97%
EBR:TESB (1/12/2026, 4:37:37 PM)
25.6
-0.55 (-2.1%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryChemicals
Earnings (Last)
Earnings (Next)
Inst Owners6.55%
Inst Owner ChangeN/A
Ins Owners67.43%
Ins Owner ChangeN/A
Market Cap1.54B
Revenue(TTM)2.75B
Net Income(TTM)-27.10M
Analysts74
Price Target27.8 (8.59%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.02% |
Yearly Dividend0.88
Dividend Growth(5Y)6.16%
DP-166.05%
Div Incr Years0
Div Non Decr Years2
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)0%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)0%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 14.55 | ||
| P/S | 0.56 | ||
| P/FCF | 14 | ||
| P/OCF | 5.34 | ||
| P/B | 0.86 | ||
| P/tB | 0.99 | ||
| EV/EBITDA | 5.17 |
EPS(TTM)-0.45
EYN/A
EPS(NY)1.76
Fwd EY6.87%
FCF(TTM)1.83
FCFY7.14%
OCF(TTM)4.8
OCFY18.74%
SpS45.64
BVpS29.62
TBVpS25.79
PEG (NY)N/A
PEG (5Y)N/A
Graham NumberN/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -0.96% | ||
| ROE | -1.52% | ||
| ROCE | 3.29% | ||
| ROIC | 2.47% | ||
| ROICexc | 2.77% | ||
| ROICexgc | 3.14% | ||
| OM | 2.61% | ||
| PM (TTM) | N/A | ||
| GM | 19.33% | ||
| FCFM | 4.01% |
ROA(3y)5.03%
ROA(5y)5.73%
ROE(3y)8.04%
ROE(5y)10.34%
ROIC(3y)6.25%
ROIC(5y)7.52%
ROICexc(3y)6.83%
ROICexc(5y)8.71%
ROICexgc(3y)7.61%
ROICexgc(5y)9.79%
ROCE(3y)8.33%
ROCE(5y)10.06%
ROICexgc growth 3Y-43.17%
ROICexgc growth 5Y-19.86%
ROICexc growth 3Y-44.09%
ROICexc growth 5Y-20.16%
OM growth 3Y-39.29%
OM growth 5Y-20.88%
PM growth 3Y-43.63%
PM growth 5Y-21.76%
GM growth 3Y-9.65%
GM growth 5Y-5.01%
F-Score6
Asset Turnover0.97
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.06 | ||
| Debt/FCF | 2.34 | ||
| Debt/EBITDA | 0.38 | ||
| Cap/Depr | 80.05% | ||
| Cap/Sales | 6.5% | ||
| Interest Coverage | 7.18 | ||
| Cash Conversion | 97.86% | ||
| Profit Quality | N/A | ||
| Current Ratio | 1.94 | ||
| Quick Ratio | 1.18 | ||
| Altman-Z | 2.08 |
F-Score6
WACC7.15%
ROIC/WACC0.35
Cap/Depr(3y)86.45%
Cap/Depr(5y)81.94%
Cap/Sales(3y)5.77%
Cap/Sales(5y)5.54%
Profit Quality(3y)143.93%
Profit Quality(5y)139.31%
High Growth Momentum
Growth
EPS 1Y (TTM)-131.18%
EPS 3Y-45.77%
EPS 5Y-20.75%
EPS Q2Q%-116.23%
EPS Next Y26.82%
EPS Next 2Y23.83%
EPS Next 3Y19.97%
EPS Next 5YN/A
Revenue 1Y (TTM)2.05%
Revenue growth 3Y8.35%
Revenue growth 5Y8.72%
Sales Q2Q%7.08%
Revenue Next Year2.34%
Revenue Next 2Y3.91%
Revenue Next 3Y3.83%
Revenue Next 5Y3.77%
EBIT growth 1Y11.66%
EBIT growth 3Y-34.22%
EBIT growth 5Y-13.98%
EBIT Next Year250.49%
EBIT Next 3Y60.07%
EBIT Next 5Y41.73%
FCF growth 1Y88.36%
FCF growth 3Y0.11%
FCF growth 5Y5.75%
OCF growth 1Y37.1%
OCF growth 3Y10.33%
OCF growth 5Y8.69%
TESSENDERLO GROUP / TESB.BR FAQ
Can you provide the ChartMill fundamental rating for TESSENDERLO GROUP?
ChartMill assigns a fundamental rating of 4 / 10 to TESB.BR.
Can you provide the valuation status for TESSENDERLO GROUP?
ChartMill assigns a valuation rating of 5 / 10 to TESSENDERLO GROUP (TESB.BR). This can be considered as Fairly Valued.
Can you provide the profitability details for TESSENDERLO GROUP?
TESSENDERLO GROUP (TESB.BR) has a profitability rating of 2 / 10.
What is the earnings growth outlook for TESSENDERLO GROUP?
The Earnings per Share (EPS) of TESSENDERLO GROUP (TESB.BR) is expected to grow by 26.82% in the next year.
How sustainable is the dividend of TESSENDERLO GROUP (TESB.BR) stock?
The dividend rating of TESSENDERLO GROUP (TESB.BR) is 4 / 10 and the dividend payout ratio is -166.05%.