TFI INTERNATIONAL INC (TFII) Stock Fundamental Analysis
USA - NYSE:TFII - CA87241L1094 - Common Stock
95.54 USD
+0.93 (+0.98%)
95.54 USD
0 (0%)
Overall TFII gets a fundamental rating of 5 out of 10. We evaluated TFII against 42 industry peers in the Ground Transportation industry. TFII has an excellent profitability rating, but there are some minor concerns on its financial health. 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.
TFII had a positive operating cash flow in the past year.
In the past 5 years TFII has always been profitable.
In the past 5 years TFII always reported a positive cash flow from operatings.
1.2 Ratios
TFII has a better Return On Assets (5.08%) than 69.05% of its industry peers.
TFII has a better Return On Equity (13.67%) than 71.43% of its industry peers.
TFII has a better Return On Invested Capital (7.62%) than 66.67% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for TFII is above the industry average of 7.92%.
The last Return On Invested Capital (7.62%) for TFII is well below the 3 year average (11.81%), which needs to be investigated, but indicates that TFII had better years and this may not be a problem.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.08% | ||
| ROE | 13.67% | ||
| ROIC | 7.62% |
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
With a decent Profit Margin value of 4.43%, TFII is doing good in the industry, outperforming 71.43% of the companies in the same industry.
In the last couple of years the Profit Margin of TFII has declined.
Looking at the Operating Margin, with a value of 7.60%, TFII is in the better half of the industry, outperforming 66.67% of the companies in the same industry.
TFII's Operating Margin has been stable in the last couple of years.
TFII has a Gross Margin of 50.27%. This is in the better half of the industry: TFII outperforms 61.90% of its industry peers.
In the last couple of years the Gross Margin of TFII has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 7.6% | ||
| PM (TTM) | 4.43% | ||
| GM | 50.27% |
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
The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so TFII is still 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.
TFII has a worse debt/assets ratio than last year.
2.2 Solvency
TFII has an Altman-Z score of 2.82. 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.
TFII has a Altman-Z score of 2.82. This is in the better half of the industry: TFII outperforms 69.05% of its industry peers.
The Debt to FCF ratio of TFII is 4.14, which is a neutral value as it means it would take TFII, 4.14 years of fcf income to pay off all of its debts.
TFII has a Debt to FCF ratio of 4.14. This is amongst the best in the industry. TFII outperforms 83.33% of its industry peers.
TFII has a Debt/Equity ratio of 1.04. This is a high value indicating a heavy dependency on external financing.
Looking at the Debt to Equity ratio, with a value of 1.04, TFII is doing worse than 66.67% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.04 | ||
| Debt/FCF | 4.14 | ||
| Altman-Z | 2.82 |
ROIC/WACC0.88
WACC8.7%
2.3 Liquidity
TFII has a Current Ratio of 1.05. This is a normal value and indicates that TFII is financially healthy and should not expect problems in meeting its short term obligations.
TFII has a Current ratio (1.05) which is comparable to the rest of the industry.
TFII has a Quick Ratio of 1.03. This is a normal value and indicates that TFII is financially healthy and should not expect problems in meeting its short term obligations.
TFII has a Quick ratio of 1.03. This is comparable to the rest of the industry: TFII outperforms 52.38% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.05 | ||
| Quick Ratio | 1.03 |
3. Growth
3.1 Past
TFII shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -21.51%.
TFII shows quite a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 14.09% yearly.
Looking at the last year, TFII shows a small growth in Revenue. The Revenue has grown by 3.10% in the last year.
Measured over the past years, TFII shows a quite strong growth in Revenue. The Revenue has been growing by 16.56% on average per year.
EPS 1Y (TTM)-21.51%
EPS 3Y3.08%
EPS 5Y14.09%
EPS Q2Q%-21.64%
Revenue 1Y (TTM)3.1%
Revenue growth 3Y5.16%
Revenue growth 5Y16.56%
Sales Q2Q%-20.78%
3.2 Future
Based on estimates for the next years, TFII will show a quite strong growth in Earnings Per Share. The EPS will grow by 13.31% on average per year.
The Revenue is expected to grow by 3.74% on average over the next years.
EPS Next Y-18.68%
EPS Next 2Y3.99%
EPS Next 3Y9%
EPS Next 5Y13.31%
Revenue Next Year-5.15%
Revenue Next 2Y-0.58%
Revenue Next 3Y1.08%
Revenue Next 5Y3.74%
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 stable.
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 19.54, which indicates a rather expensive current valuation of TFII.
80.95% of the companies in the same industry are more expensive than TFII, based on the Price/Earnings ratio.
TFII is valuated rather cheaply when we compare the Price/Earnings ratio to 27.20, which is the current average of the S&P500 Index.
A Price/Forward Earnings ratio of 15.39 indicates a correct valuation of TFII.
Compared to the rest of the industry, the Price/Forward Earnings ratio of TFII indicates a rather cheap valuation: TFII is cheaper than 85.71% of the companies listed in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 22.71, TFII is valued a bit cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 19.54 | ||
| Fwd PE | 15.39 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, TFII is valued a bit cheaper than 73.81% of the companies in the same industry.
Based on the Price/Free Cash Flow ratio, TFII is valued cheaply inside the industry as 97.62% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 10.79 | ||
| EV/EBITDA | 8.64 |
4.3 Compensation for Growth
TFII has a very decent profitability rating, which may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)1.39
EPS Next 2Y3.99%
EPS Next 3Y9%
5. Dividend
5.1 Amount
TFII has a Yearly Dividend Yield of 1.98%. Purely for dividend investing, there may be better candidates out there.
Compared to an average industry Dividend Yield of 1.59, TFII pays a better dividend. On top of this TFII pays more dividend than 90.48% of the companies listed 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 | 1.98% |
5.2 History
On average, the dividend of TFII grows each year by 17.09%, which is quite nice.
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 39.34% 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.
DP39.34%
EPS Next 2Y3.99%
EPS Next 3Y9%
95.54
+0.93 (+0.98%)
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 Cap7.87B
Analysts76.52
Price Target101.77 (6.52%)
Short Float %0.96%
Short Ratio2.11
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.98% |
Yearly Dividend1.59
Dividend Growth(5Y)17.09%
DP39.34%
Div Incr Years14
Div Non Decr Years15
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-8.1%
Min EPS beat(2)-22.39%
Max EPS beat(2)6.19%
EPS beat(4)1
Avg EPS beat(4)-13.74%
Min EPS beat(4)-26.96%
Max EPS beat(4)6.19%
EPS beat(8)3
Avg EPS beat(8)-8.97%
EPS beat(12)4
Avg EPS beat(12)-8.07%
EPS beat(16)8
Avg EPS beat(16)1.63%
Revenue beat(2)0
Avg Revenue beat(2)-10.74%
Min Revenue beat(2)-14.94%
Max Revenue beat(2)-6.55%
Revenue beat(4)0
Avg Revenue beat(4)-8.21%
Min Revenue beat(4)-14.94%
Max Revenue beat(4)-5.14%
Revenue beat(8)0
Avg Revenue beat(8)-4.94%
Revenue beat(12)0
Avg Revenue beat(12)-5.77%
Revenue beat(16)4
Avg Revenue beat(16)-2.76%
PT rev (1m)-1.89%
PT rev (3m)-1.35%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-39.48%
EPS NY rev (1m)-17.67%
EPS NY rev (3m)-17.67%
Revenue NQ rev (1m)-0.19%
Revenue NQ rev (3m)-10.2%
Revenue NY rev (1m)-1.03%
Revenue NY rev (3m)-1.41%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 19.54 | ||
| Fwd PE | 15.39 | ||
| P/S | 0.95 | ||
| P/FCF | 10.79 | ||
| P/OCF | 7.47 | ||
| P/B | 2.94 | ||
| P/tB | N/A | ||
| EV/EBITDA | 8.64 |
EPS(TTM)4.89
EY5.12%
EPS(NY)6.21
Fwd EY6.5%
FCF(TTM)8.86
FCFY9.27%
OCF(TTM)12.79
OCFY13.39%
SpS100.3
BVpS32.5
TBVpS-0.04
PEG (NY)N/A
PEG (5Y)1.39
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.08% | ||
| ROE | 13.67% | ||
| ROCE | 10.17% | ||
| ROIC | 7.62% | ||
| ROICexc | 7.66% | ||
| ROICexgc | 13.58% | ||
| OM | 7.6% | ||
| PM (TTM) | 4.43% | ||
| GM | 50.27% | ||
| FCFM | 8.83% |
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-Score7
Asset Turnover1.15
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.04 | ||
| Debt/FCF | 4.14 | ||
| Debt/EBITDA | 2.23 | ||
| Cap/Depr | 52.24% | ||
| Cap/Sales | 3.92% | ||
| Interest Coverage | 3.76 | ||
| Cash Conversion | 84.41% | ||
| Profit Quality | 199.32% | ||
| Current Ratio | 1.05 | ||
| Quick Ratio | 1.03 | ||
| Altman-Z | 2.82 |
F-Score7
WACC8.7%
ROIC/WACC0.88
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)-21.51%
EPS 3Y3.08%
EPS 5Y14.09%
EPS Q2Q%-21.64%
EPS Next Y-18.68%
EPS Next 2Y3.99%
EPS Next 3Y9%
EPS Next 5Y13.31%
Revenue 1Y (TTM)3.1%
Revenue growth 3Y5.16%
Revenue growth 5Y16.56%
Sales Q2Q%-20.78%
Revenue Next Year-5.15%
Revenue Next 2Y-0.58%
Revenue Next 3Y1.08%
Revenue Next 5Y3.74%
EBIT growth 1Y-15.76%
EBIT growth 3Y3.89%
EBIT growth 5Y16.69%
EBIT Next Year54.57%
EBIT Next 3Y25.99%
EBIT Next 5Y17.74%
FCF growth 1Y9.34%
FCF growth 3Y4.62%
FCF growth 5Y24.3%
OCF growth 1Y3.44%
OCF growth 3Y7.5%
OCF growth 5Y16.82%