TFF GROUP (TFF.PA) Stock Fundamental Analysis
Europe - Euronext Paris - EPA:TFF - FR0013295789 - Common Stock
17 EUR
-0.05 (-0.29%)
Overall TFF gets a fundamental rating of 4 out of 10. We evaluated TFF against 13 industry peers in the Containers & Packaging industry. TFF has only an average score on both its financial health and profitability. TFF is valued correctly, but it does not seem to be growing.
1. Profitability
1.1 Basic Checks
- In the past year TFF was profitable.
- In the past year TFF had a positive cash flow from operations.
- In the past 5 years TFF has always been profitable.
- TFF had a positive operating cash flow in 4 of the past 5 years.
1.2 Ratios
- TFF's Return On Assets of 3.09% is in line compared to the rest of the industry. TFF outperforms 53.85% of its industry peers.
- With a Return On Equity value of 6.30%, TFF perfoms like the industry average, outperforming 46.15% of the companies in the same industry.
- TFF has a Return On Invested Capital of 5.04%. This is comparable to the rest of the industry: TFF outperforms 53.85% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.09% | ||
| ROE | 6.3% | ||
| ROIC | 5.04% |
ROA(3y)N/A
ROA(5y)N/A
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
- Looking at the Profit Margin, with a value of 7.22%, TFF belongs to the top of the industry, outperforming 92.31% of the companies in the same industry.
- TFF's Profit Margin has declined in the last couple of years.
- Looking at the Operating Margin, with a value of 14.04%, TFF belongs to the top of the industry, outperforming 92.31% of the companies in the same industry.
- TFF's Operating Margin has improved in the last couple of years.
- TFF has a Gross Margin of 43.80%. This is comparable to the rest of the industry: TFF outperforms 53.85% of its industry peers.
- In the last couple of years the Gross Margin of TFF has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 14.04% | ||
| PM (TTM) | 7.22% | ||
| GM | 43.8% |
OM growth 3Y3.08%
OM growth 5Y1.64%
PM growth 3Y-15.23%
PM growth 5Y-5.4%
GM growth 3Y4.57%
GM growth 5Y2.41%
2. Health
2.1 Basic Checks
- The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so TFF is destroying value.
- The number of shares outstanding for TFF remains at a similar level compared to 1 year ago.
- The number of shares outstanding for TFF has been increased compared to 5 years ago.
- Compared to 1 year ago, TFF has a worse debt to assets ratio.
2.2 Solvency
- TFF has an Altman-Z score of 2.16. This is not the best score and indicates that TFF is in the grey zone with still only limited risk for bankruptcy at the moment.
- Looking at the Altman-Z score, with a value of 2.16, TFF is in the better half of the industry, outperforming 61.54% of the companies in the same industry.
- A Debt/Equity ratio of 0.60 indicates that TFF is somewhat dependend on debt financing.
- With a decent Debt to Equity ratio value of 0.60, TFF is doing good in the industry, outperforming 61.54% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.6 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 2.16 |
ROIC/WACC0.86
WACC5.83%
2.3 Liquidity
- TFF has a Current Ratio of 2.06. This indicates that TFF is financially healthy and has no problem in meeting its short term obligations.
- The Current ratio of TFF (2.06) is better than 84.62% of its industry peers.
- TFF has a Quick Ratio of 2.06. This is a bad value and indicates that TFF is not financially healthy enough and could expect problems in meeting its short term obligations.
- TFF has a Quick ratio (0.60) which is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.06 | ||
| Quick Ratio | 0.6 |
3. Growth
3.1 Past
- The earnings per share for TFF have decreased strongly by -45.60% in the last year.
- TFF shows a small growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 2.89% yearly.
- The Revenue for TFF has decreased by -12.56% in the past year. This is quite bad
- Measured over the past years, TFF shows a quite strong growth in Revenue. The Revenue has been growing by 8.75% on average per year.
EPS 1Y (TTM)-45.6%
EPS 3Y-5.03%
EPS 5Y2.89%
EPS Q2Q%-53.17%
Revenue 1Y (TTM)-12.56%
Revenue growth 3Y12.02%
Revenue growth 5Y8.75%
Sales Q2Q%-16.68%
3.2 Future
- Based on estimates for the next years, TFF will show a decrease in Earnings Per Share. The EPS will decrease by -2.62% on average per year.
- The Revenue is expected to grow by 6.49% on average over the next years.
EPS Next Y-54.1%
EPS Next 2Y-19.88%
EPS Next 3Y-2.62%
EPS Next 5YN/A
Revenue Next Year-24.09%
Revenue Next 2Y-10.02%
Revenue Next 3Y-3.89%
Revenue Next 5Y6.49%
3.3 Evolution
- The EPS growth rate is decreasing: in the next years the growth will be less than in the last years.
- 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
- The Price/Earnings ratio is 11.97, which indicates a very decent valuation of TFF.
- Compared to the rest of the industry, the Price/Earnings ratio of TFF indicates a rather cheap valuation: TFF is cheaper than 84.62% of the companies listed in the same industry.
- When comparing the Price/Earnings ratio of TFF to the average of the S&P500 Index (28.82), we can say TFF is valued rather cheaply.
- With a Price/Forward Earnings ratio of 21.63, TFF is valued on the expensive side.
- Based on the Price/Forward Earnings ratio, TFF is valued a bit more expensive than 61.54% of the companies in the same industry.
- When comparing the Price/Forward Earnings ratio of TFF to the average of the S&P500 Index (25.95), we can say TFF is valued inline with the index average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.97 | ||
| Fwd PE | 21.63 |
4.2 Price Multiples
- TFF's Enterprise Value to EBITDA ratio is rather cheap when compared to the industry. TFF is cheaper than 84.62% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 6.69 |
4.3 Compensation for Growth
- TFF has a very decent profitability rating, which may justify a higher PE ratio.
- A cheap valuation may be justified as TFF's earnings are expected to decrease with -2.62% in the coming years.
PEG (NY)N/A
PEG (5Y)4.14
EPS Next 2Y-19.88%
EPS Next 3Y-2.62%
5. Dividend
5.1 Amount
- TFF has a Yearly Dividend Yield of 2.94%.
- TFF's Dividend Yield is comparable with the industry average which is at 2.85.
- TFF's Dividend Yield is rather good when compared to the S&P500 average which is at 1.82.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.94% |
5.2 History
- The dividend of TFF is nicely growing with an annual growth rate of 12.26%!
Dividend Growth(5Y)12.26%
Div Incr Years0
Div Non Decr Years1
5.3 Sustainability
- 44.70% of the earnings are spent on dividend by TFF. This is a bit on the high side, but may be sustainable.
DP44.7%
EPS Next 2Y-19.88%
EPS Next 3Y-2.62%
TFF GROUP / TFF.PA FAQ
What is the ChartMill fundamental rating of TFF GROUP (TFF.PA) stock?
ChartMill assigns a fundamental rating of 4 / 10 to TFF.PA.
What is the valuation status of TFF GROUP (TFF.PA) stock?
ChartMill assigns a valuation rating of 4 / 10 to TFF GROUP (TFF.PA). This can be considered as Fairly Valued.
What is the profitability of TFF stock?
TFF GROUP (TFF.PA) has a profitability rating of 6 / 10.
Can you provide the PE and PB ratios for TFF stock?
The Price/Earnings (PE) ratio for TFF GROUP (TFF.PA) is 11.97 and the Price/Book (PB) ratio is 0.76.
What is the expected EPS growth for TFF GROUP (TFF.PA) stock?
The Earnings per Share (EPS) of TFF GROUP (TFF.PA) is expected to decline by -54.1% in the next year.