TFI INTERNATIONAL INC (TFII)
CA87241L1094 - Common Stock
We assign a fundamental rating of 6 out of 10 to TFII. TFII was compared to 38 industry peers in the Ground Transportation industry. While TFII has a great profitability rating, there are some minor concerns on its financial health. TFII has a decent growth rate and is not valued too expensively.
1. Profitability
1.1 Basic Checks
In the past year TFII was profitable.
TFII had a positive operating cash flow in the past year.
In the past 5 years TFII has always been profitable.
TFII had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
With a decent Return On Assets value of 6.27%, TFII is doing good in the industry, outperforming 65.79% of the companies in the same industry.
TFII has a Return On Equity of 17.08%. This is in the better half of the industry: TFII outperforms 68.42% of its industry peers.
Looking at the Return On Invested Capital, with a value of 9.21%, TFII is in the better half of the industry, outperforming 71.05% of the companies in the same industry.
Measured over the past 3 years, the Average Return On Invested Capital for TFII is in line with the industry average of 11.60%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 6.27% | ||
| ROE | 17.08% | ||
| ROIC | 9.21% |
ROA(3y)11.94%
ROA(5y)9.93%
ROE(3y)28.52%
ROE(5y)24.22%
ROIC(3y)12.65%
ROIC(5y)10.96%
1.3 Margins
The Profit Margin of TFII (5.67%) is better than 63.16% of its industry peers.
TFII's Profit Margin has improved in the last couple of years.
TFII has a better Operating Margin (9.15%) than 65.79% of its industry peers.
TFII's Operating Margin has improved in the last couple of years.
TFII has a better Gross Margin (49.99%) than 60.53% of its industry peers.
In the last couple of years the Gross Margin of TFII has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 9.15% | ||
| PM (TTM) | 5.67% | ||
| GM | 49.99% |
OM growth 3Y2.58%
OM growth 5Y3.71%
PM growth 3Y-2.72%
PM growth 5Y3.33%
GM growth 3Y2.6%
GM growth 5Y2.76%
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.
Compared to 1 year ago, TFII has less shares outstanding
Compared to 5 years ago, TFII has less shares outstanding
Compared to 1 year ago, TFII has a worse debt to assets ratio.
2.2 Solvency
An Altman-Z score of 3.36 indicates that TFII is not in any danger for bankruptcy at the moment.
TFII has a Altman-Z score of 3.36. This is in the better half of the industry: TFII outperforms 73.68% of its industry peers.
The Debt to FCF ratio of TFII is 4.55, which is a neutral value as it means it would take TFII, 4.55 years of fcf income to pay off all of its debts.
TFII has a better Debt to FCF ratio (4.55) than 76.32% of its industry peers.
TFII has a Debt/Equity ratio of 1.00. This is a high value indicating a heavy dependency on external financing.
TFII's Debt to Equity ratio of 1.00 is on the low side compared to the rest of the industry. TFII is outperformed by 65.79% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1 | ||
| Debt/FCF | 4.55 | ||
| Altman-Z | 3.36 |
ROIC/WACC1.3
WACC7.1%
2.3 Liquidity
A Current Ratio of 0.98 indicates that TFII may have some problems paying its short term obligations.
TFII has a Current ratio of 0.98. This is in the lower half of the industry: TFII underperforms 65.79% of its industry peers.
A Quick Ratio of 0.96 indicates that TFII may have some problems paying its short term obligations.
Looking at the Quick ratio, with a value of 0.96, TFII is doing worse than 65.79% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.98 | ||
| Quick Ratio | 0.96 |
3. Growth
3.1 Past
TFII shows a small growth in Earnings Per Share. In the last year, the EPS has grown by 0.81%.
The Earnings Per Share has been growing by 17.81% on average over the past years. This is quite good.
Looking at the last year, TFII shows a quite strong growth in Revenue. The Revenue has grown by 10.38% in the last year.
The Revenue has been growing by 13.73% on average over the past years. This is quite good.
EPS 1Y (TTM)0.81%
EPS 3Y23.56%
EPS 5Y17.81%
EPS Q2Q%1.91%
Revenue 1Y (TTM)10.38%
Revenue growth 3Y25.76%
Revenue growth 5Y13.73%
Sales Q2Q%14.32%
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 17.97% on average per year.
The Revenue is expected to grow by 10.38% on average over the next years. This is quite good.
EPS Next Y2.02%
EPS Next 2Y20.14%
EPS Next 3Y16.6%
EPS Next 5Y17.97%
Revenue Next Year13.69%
Revenue Next 2Y10.62%
Revenue Next 3Y9.28%
Revenue Next 5Y10.38%
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.
The estimated forward Revenue growth is still strong, although it is decreasing when compared to the stronger growth in the past years.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 23.65, the valuation of TFII can be described as rather expensive.
68.42% of the companies in the same industry are more expensive than TFII, based on the Price/Earnings ratio.
Compared to an average S&P500 Price/Earnings ratio of 28.96, TFII is valued at the same level.
With a Price/Forward Earnings ratio of 16.54, TFII is valued correctly.
78.95% of the companies in the same industry are more expensive than TFII, based on the Price/Forward Earnings ratio.
TFII is valuated rather cheaply when we compare the Price/Forward Earnings ratio to 23.82, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 23.65 | ||
| Fwd PE | 16.54 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, TFII is valued a bit cheaper than the industry average as 60.53% of the companies are valued more expensively.
97.37% of the companies in the same industry are more expensive than TFII, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 17.99 | ||
| EV/EBITDA | 12.06 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates TFII does not grow enough to justify the current Price/Earnings ratio.
TFII has a very decent profitability rating, which may justify a higher PE ratio.
A more expensive valuation may be justified as TFII's earnings are expected to grow with 16.60% in the coming years.
PEG (NY)11.69
PEG (5Y)1.33
EPS Next 2Y20.14%
EPS Next 3Y16.6%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 1.06%, TFII has a reasonable but not impressive dividend return.
TFII's Dividend Yield is a higher than the industry average which is at 1.64.
Compared to an average S&P500 Dividend Yield of 2.23, TFII's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.06% |
5.2 History
On average, the dividend of TFII grows each year by 16.79%, which is quite nice.
TFII has paid a dividend for at least 10 years, which is a reliable track record.
TFII has not decreased their dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)16.79%
Div Incr Years13
Div Non Decr Years14
5.3 Sustainability
TFII pays out 27.82% of its income as dividend. This is a sustainable payout ratio.
TFII's earnings are growing around the same pace than its dividend. As long as the earnings growth is kept the dividend growth is sustainable.
DP27.82%
EPS Next 2Y20.14%
EPS Next 3Y16.6%
TFI INTERNATIONAL INC
NYSE:TFII (11/21/2024, 8:04:00 PM)
After market: 148.04 0 (0%)148.04
+3.59 (+2.49%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupTransportation
GICS IndustryGround Transportation
Earnings (Last)
Earnings (Next)
Inst Owners
Inst Owner Change
Ins Owners
Ins Owner Change
Market Cap12.53B
Analysts
Price Target
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.06% |
Dividend Growth(5Y)
DP
Div Incr Years
Div Non Decr Years
Ex-Date
Surprises & Revisions
EPS beat(2)
Avg EPS beat(2)
Min EPS beat(2)
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EPS beat(4)
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EPS beat(8)
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EPS beat(12)
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EPS beat(16)
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Revenue beat(2)
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Revenue beat(4)
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Revenue beat(8)
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Revenue beat(12)
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Revenue beat(16)
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PT rev (1m)
PT rev (3m)
EPS NQ rev (1m)
EPS NQ rev (3m)
EPS NY rev (1m)
EPS NY rev (3m)
Revenue NQ rev (1m)
Revenue NQ rev (3m)
Revenue NY rev (1m)
Revenue NY rev (3m)
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 23.65 | ||
| Fwd PE | 16.54 | ||
| P/S | |||
| P/FCF | |||
| P/OCF | |||
| P/B | |||
| P/tB | |||
| EV/EBITDA |
EPS(TTM)
EY
EPS(NY)
Fwd EY
FCF(TTM)
FCFY
OCF(TTM)
OCFY
SpS
BVpS
TBVpS
PEG (NY)11.69
PEG (5Y)1.33
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 6.27% | ||
| ROE | 17.08% | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | 9.15% | ||
| PM (TTM) | 5.67% | ||
| GM | 49.99% | ||
| FCFM |
ROA(3y)
ROA(5y)
ROE(3y)
ROE(5y)
ROIC(3y)
ROIC(5y)
ROICexc(3y)
ROICexc(5y)
ROICexgc(3y)
ROICexgc(5y)
ROCE(3y)
ROCE(5y)
ROICexcg growth 3Y
ROICexcg growth 5Y
ROICexc growth 3Y
ROICexc growth 5Y
OM growth 3Y
OM growth 5Y
PM growth 3Y
PM growth 5Y
GM growth 3Y
GM growth 5Y
F-Score
Asset Turnover1.11
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1 | ||
| Debt/FCF | |||
| Debt/EBITDA | |||
| Cap/Depr | |||
| Cap/Sales | |||
| Interest Coverage | |||
| Cash Conversion | |||
| Profit Quality | |||
| Current Ratio | 0.98 | ||
| Quick Ratio | 0.96 | ||
| Altman-Z |
F-Score
WACC
ROIC/WACC
Cap/Depr(3y)
Cap/Depr(5y)
Cap/Sales(3y)
Cap/Sales(5y)
Profit Quality(3y)
Profit Quality(5y)
High Growth Momentum
Growth
EPS 1Y (TTM)0.81%
EPS 3Y23.56%
EPS 5Y
EPS Q2Q%
EPS Next Y2.02%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)10.38%
Revenue growth 3Y25.76%
Revenue growth 5Y
Sales Q2Q%
Revenue Next Year
Revenue Next 2Y
Revenue Next 3Y
Revenue Next 5Y
EBIT growth 1Y
EBIT growth 3Y
EBIT growth 5Y
EBIT Next Year
EBIT Next 3Y
EBIT Next 5Y
FCF growth 1Y
FCF growth 3Y
FCF growth 5Y
OCF growth 1Y
OCF growth 3Y
OCF growth 5Y