TFI INTERNATIONAL INC (TFII) Stock Fundamental Analysis
NYSE:TFII - New York Stock Exchange, Inc. - CA87241L1094 - Common Stock - Currency: USD
Overall TFII gets a fundamental rating of 5 out of 10. We evaluated TFII against 40 industry peers in the Ground Transportation industry. TFII has an average financial health and profitability rating. TFII has a correct valuation and a medium growth rate. Finally TFII also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
TFII had positive earnings in the past year.
In the past year TFII had a positive cash flow from operations.
TFII had positive earnings in each of the past 5 years.
In the past 5 years TFII always reported a positive cash flow from operatings.
1.2 Ratios
TFII has a Return On Assets of 5.42%. This is in the better half of the industry: TFII outperforms 65.00% of its industry peers.
With a decent Return On Equity value of 14.66%, TFII is doing good in the industry, outperforming 70.00% of the companies in the same industry.
With a decent Return On Invested Capital value of 8.26%, TFII is doing good in the industry, outperforming 65.00% of the companies in the same industry.
The Average Return On Invested Capital over the past 3 years for TFII is above the industry average of 8.58%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.42% | ||
| ROE | 14.66% | ||
| ROIC | 8.26% |
ROA(3y)9.63%
ROA(5y)9.78%
ROE(3y)22.9%
ROE(5y)23.35%
ROIC(3y)11.81%
ROIC(5y)10.93%
1.3 Margins
The Profit Margin of TFII (4.54%) is better than 62.50% of its industry peers.
TFII's Profit Margin has declined in the last couple of years.
With a Operating Margin value of 7.88%, TFII perfoms like the industry average, outperforming 60.00% of the companies in the same industry.
In the last couple of years the Operating Margin of TFII has remained more or less at the same level.
Looking at the Gross Margin, with a value of 50.28%, TFII is in line with its industry, outperforming 60.00% of the companies in the same industry.
TFII's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 7.88% | ||
| PM (TTM) | 4.54% | ||
| GM | 50.28% |
OM growth 3Y-1.21%
OM growth 5Y0.12%
PM growth 3Y-21.62%
PM growth 5Y-3.42%
GM growth 3Y2.19%
GM growth 5Y2.12%
2. Health
2.1 Basic Checks
TFII has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is creating some value.
The number of shares outstanding for TFII remains at a similar level compared to 1 year ago.
The number of shares outstanding for TFII has been increased compared to 5 years ago.
Compared to 1 year ago, TFII has a worse debt to assets ratio.
2.2 Solvency
TFII has an Altman-Z score of 2.91. This is not the best score and indicates that TFII 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 2.91, TFII is in the better half of the industry, outperforming 65.00% of the companies in the same industry.
TFII has a debt to FCF ratio of 4.26. This is a neutral value as TFII would need 4.26 years to pay back of all of its debts.
With a decent Debt to FCF ratio value of 4.26, TFII is doing good in the industry, outperforming 80.00% of the companies in the same industry.
TFII has a Debt/Equity ratio of 1.03. This is a high value indicating a heavy dependency on external financing.
TFII's Debt to Equity ratio of 1.03 is on the low side compared to the rest of the industry. TFII is outperformed by 72.50% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.03 | ||
| Debt/FCF | 4.26 | ||
| Altman-Z | 2.91 |
ROIC/WACC0.98
WACC8.46%
2.3 Liquidity
A Current Ratio of 1.03 indicates that TFII should not have too much problems paying its short term obligations.
The Current ratio of TFII (1.03) is comparable to the rest of the industry.
TFII has a Quick Ratio of 1.02. This is a normal value and indicates that TFII is financially healthy and should not expect problems in meeting its short term obligations.
With a Quick ratio value of 1.02, TFII perfoms like the industry average, outperforming 50.00% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.03 | ||
| Quick Ratio | 1.02 |
3. Growth
3.1 Past
The earnings per share for TFII have decreased strongly by -13.91% in the last year.
TFII shows quite a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 14.09% yearly.
TFII shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 12.58%.
The Revenue has been growing by 16.56% on average over the past years. This is quite good.
EPS 1Y (TTM)-13.91%
EPS 3Y3.08%
EPS 5Y14.09%
EPS Q2Q%-38.71%
Revenue 1Y (TTM)12.58%
Revenue growth 3Y5.16%
Revenue growth 5Y16.56%
Sales Q2Q%5%
3.2 Future
The Earnings Per Share is expected to grow by 14.59% on average over the next years. This is quite good.
Based on estimates for the next years, TFII will show a small growth in Revenue. The Revenue will grow by 5.31% on average per year.
EPS Next Y-1.23%
EPS Next 2Y12.29%
EPS Next 3Y13.77%
EPS Next 5Y14.59%
Revenue Next Year-3.79%
Revenue Next 2Y0.37%
Revenue Next 3Y2.47%
Revenue Next 5Y5.31%
3.3 Evolution
The EPS growth rate is stable: in the next years the growth will be about the same than in the last years.
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
Based on the Price/Earnings ratio of 17.87, the valuation of TFII can be described as rather expensive.
Based on the Price/Earnings ratio, TFII is valued a bit cheaper than the industry average as 80.00% of the companies are valued more expensively.
Compared to an average S&P500 Price/Earnings ratio of 27.45, TFII is valued a bit cheaper.
The Price/Forward Earnings ratio is 12.98, which indicates a correct valuation of TFII.
Based on the Price/Forward Earnings ratio, TFII is valued cheaper than 82.50% of the companies in the same industry.
TFII's Price/Forward Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 21.90.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 17.87 | ||
| Fwd PE | 12.98 |
4.2 Price Multiples
70.00% of the companies in the same industry are more expensive than TFII, based on the Enterprise Value to EBITDA ratio.
TFII's Price/Free Cash Flow ratio is rather cheap when compared to the industry. TFII is cheaper than 95.00% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 11.31 | ||
| EV/EBITDA | 8.39 |
4.3 Compensation for Growth
TFII has a very decent profitability rating, which may justify a higher PE ratio.
TFII's earnings are expected to grow with 13.77% in the coming years. This may justify a more expensive valuation.
PEG (NY)N/A
PEG (5Y)1.27
EPS Next 2Y12.29%
EPS Next 3Y13.77%
5. Dividend
5.1 Amount
TFII has a Yearly Dividend Yield of 2.14%.
TFII's Dividend Yield is rather good when compared to the industry average which is at 1.50. TFII pays more dividend than 95.00% of the companies in the same industry.
TFII's Dividend Yield is comparable with the S&P500 average which is at 2.38.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.14% |
5.2 History
The dividend of TFII is nicely growing with an annual growth rate of 17.09%!
TFII has been paying a dividend for at least 10 years, so it has a reliable track record.
TFII has not decreased their dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)17.09%
Div Incr Years14
Div Non Decr Years15
5.3 Sustainability
TFII pays out 35.91% of its income as dividend. This is a sustainable payout ratio.
TFII's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DP35.91%
EPS Next 2Y12.29%
EPS Next 3Y13.77%
93.98
-0.15 (-0.16%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupTransportation
GICS IndustryGround Transportation
Earnings (Last)
Earnings (Next)
Inst Owners73.64%
Inst Owner ChangeN/A
Ins Owners6.38%
Ins Owner ChangeN/A
Market Cap7.84B
Analysts76
Price Target103.74 (10.39%)
Short Float %1.23%
Short Ratio1.98
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.14% |
Yearly Dividend1.59
Dividend Growth(5Y)17.09%
DP35.91%
Div Incr Years14
Div Non Decr Years15
Ex-Date
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-24.67%
Min EPS beat(2)-26.96%
Max EPS beat(2)-22.39%
EPS beat(4)1
Avg EPS beat(4)-14.35%
Min EPS beat(4)-26.96%
Max EPS beat(4)3.74%
EPS beat(8)2
Avg EPS beat(8)-11.23%
EPS beat(12)4
Avg EPS beat(12)-4.51%
EPS beat(16)8
Avg EPS beat(16)4.22%
Revenue beat(2)0
Avg Revenue beat(2)-6.39%
Min Revenue beat(2)-6.55%
Max Revenue beat(2)-6.23%
Revenue beat(4)0
Avg Revenue beat(4)-5.05%
Min Revenue beat(4)-6.55%
Max Revenue beat(4)-2.27%
Revenue beat(8)0
Avg Revenue beat(8)-3.91%
Revenue beat(12)1
Avg Revenue beat(12)-4.06%
Revenue beat(16)5
Avg Revenue beat(16)0.28%
PT rev (1m)1.9%
PT rev (3m)-13.05%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-18.59%
EPS NY rev (1m)0%
EPS NY rev (3m)-27.7%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-4.94%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-4.33%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 17.87 | ||
| Fwd PE | 12.98 | ||
| P/S | 0.92 | ||
| P/FCF | 11.31 | ||
| P/OCF | 7.43 | ||
| P/B | 2.98 | ||
| P/tB | N/A | ||
| EV/EBITDA | 8.39 |
EPS(TTM)5.26
EY5.6%
EPS(NY)7.24
Fwd EY7.7%
FCF(TTM)8.31
FCFY8.84%
OCF(TTM)12.65
OCFY13.46%
SpS101.72
BVpS31.52
TBVpS-0.04
PEG (NY)N/A
PEG (5Y)1.27
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.42% | ||
| ROE | 14.66% | ||
| ROCE | 11.02% | ||
| ROIC | 8.26% | ||
| ROICexc | 8.28% | ||
| ROICexgc | 14.66% | ||
| OM | 7.88% | ||
| PM (TTM) | 4.54% | ||
| GM | 50.28% | ||
| FCFM | 8.17% |
ROA(3y)9.63%
ROA(5y)9.78%
ROE(3y)22.9%
ROE(5y)23.35%
ROIC(3y)11.81%
ROIC(5y)10.93%
ROICexc(3y)12.24%
ROICexc(5y)11.2%
ROICexgc(3y)20.24%
ROICexgc(5y)19.48%
ROCE(3y)15.76%
ROCE(5y)14.58%
ROICexcg growth 3Y-5.37%
ROICexcg growth 5Y-1.39%
ROICexc growth 3Y-6.67%
ROICexc growth 5Y1.25%
OM growth 3Y-1.21%
OM growth 5Y0.12%
PM growth 3Y-21.62%
PM growth 5Y-3.42%
GM growth 3Y2.19%
GM growth 5Y2.12%
F-Score6
Asset Turnover1.19
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.03 | ||
| Debt/FCF | 4.26 | ||
| Debt/EBITDA | 2.11 | ||
| Cap/Depr | 58.7% | ||
| Cap/Sales | 4.26% | ||
| Interest Coverage | 3.93 | ||
| Cash Conversion | 82.12% | ||
| Profit Quality | 179.87% | ||
| Current Ratio | 1.03 | ||
| Quick Ratio | 1.02 | ||
| Altman-Z | 2.91 |
F-Score6
WACC8.46%
ROIC/WACC0.98
Cap/Depr(3y)77.96%
Cap/Depr(5y)70.47%
Cap/Sales(3y)4.55%
Cap/Sales(5y)4.26%
Profit Quality(3y)120.13%
Profit Quality(5y)121.28%
High Growth Momentum
Growth
EPS 1Y (TTM)-13.91%
EPS 3Y3.08%
EPS 5Y14.09%
EPS Q2Q%-38.71%
EPS Next Y-1.23%
EPS Next 2Y12.29%
EPS Next 3Y13.77%
EPS Next 5Y14.59%
Revenue 1Y (TTM)12.58%
Revenue growth 3Y5.16%
Revenue growth 5Y16.56%
Sales Q2Q%5%
Revenue Next Year-3.79%
Revenue Next 2Y0.37%
Revenue Next 3Y2.47%
Revenue Next 5Y5.31%
EBIT growth 1Y-7.88%
EBIT growth 3Y3.89%
EBIT growth 5Y16.69%
EBIT Next Year54.57%
EBIT Next 3Y25.99%
EBIT Next 5Y18.48%
FCF growth 1Y-4.15%
FCF growth 3Y4.62%
FCF growth 5Y24.3%
OCF growth 1Y-0.99%
OCF growth 3Y7.5%
OCF growth 5Y16.82%