LOGWIN AG (TGHN.DE) Stock Fundamental Analysis
Europe • Frankfurt Stock Exchange • FRA:TGHN • LU1618151879
284 EUR
+4 (+1.43%)
Last: Jan 30, 2026, 07:00 PM
We assign a fundamental rating of 6 out of 10 to TGHN. TGHN was compared to 17 industry peers in the Air Freight & Logistics industry. Both the health and profitability get an excellent rating, making TGHN a very profitable company, without any liquidiy or solvency issues. TGHN is valued correctly, but it does not seem to be growing. Finally TGHN also has an excellent dividend rating. This makes TGHN very considerable for dividend investing!
1. Profitability
1.1 Basic Checks
- In the past year TGHN was profitable.
- TGHN had a positive operating cash flow in the past year.
- Each year in the past 5 years TGHN has been profitable.
- Each year in the past 5 years TGHN had a positive operating cash flow.
1.2 Ratios
- TGHN's Return On Assets of 8.39% is amongst the best of the industry. TGHN outperforms 87.50% of its industry peers.
- TGHN has a better Return On Equity (17.27%) than 62.50% of its industry peers.
- Looking at the Return On Invested Capital, with a value of 15.14%, TGHN belongs to the top of the industry, outperforming 87.50% of the companies in the same industry.
- The Average Return On Invested Capital over the past 3 years for TGHN is significantly above the industry average of 9.83%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 8.39% | ||
| ROE | 17.27% | ||
| ROIC | 15.14% |
ROA(3y)9.2%
ROA(5y)8.29%
ROE(3y)20.29%
ROE(5y)19.71%
ROIC(3y)18.27%
ROIC(5y)17.48%
1.3 Margins
- TGHN has a Profit Margin (4.22%) which is in line with its industry peers.
- TGHN's Profit Margin has improved in the last couple of years.
- Looking at the Operating Margin, with a value of 5.64%, TGHN is in line with its industry, outperforming 43.75% of the companies in the same industry.
- In the last couple of years the Operating Margin of TGHN has grown nicely.
- TGHN's Gross Margin of 10.81% is on the low side compared to the rest of the industry. TGHN is outperformed by 87.50% of its industry peers.
- In the last couple of years the Gross Margin of TGHN has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 5.64% | ||
| PM (TTM) | 4.22% | ||
| GM | 10.81% |
OM growth 3Y1.41%
OM growth 5Y6.19%
PM growth 3Y9.67%
PM growth 5Y7.72%
GM growth 3Y7.27%
GM growth 5Y4.24%
2. Health
2.1 Basic Checks
- The Return on Invested Capital (ROIC) is well above the Cost of Capital (WACC), so TGHN is creating value.
- TGHN has about the same amout of shares outstanding than it did 1 year ago.
- TGHN has about the same amout of shares outstanding than it did 5 years ago.
- TGHN has a better debt/assets ratio than last year.
2.2 Solvency
- An Altman-Z score of 4.26 indicates that TGHN is not in any danger for bankruptcy at the moment.
- With an excellent Altman-Z score value of 4.26, TGHN belongs to the best of the industry, outperforming 87.50% of the companies in the same industry.
- TGHN has a debt to FCF ratio of 0.53. This is a very positive value and a sign of high solvency as it would only need 0.53 years to pay back of all of its debts.
- TGHN has a Debt to FCF ratio of 0.53. This is amongst the best in the industry. TGHN outperforms 100.00% of its industry peers.
- A Debt/Equity ratio of 0.10 indicates that TGHN is not too dependend on debt financing.
- Looking at the Debt to Equity ratio, with a value of 0.10, TGHN belongs to the top of the industry, outperforming 93.75% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.1 | ||
| Debt/FCF | 0.53 | ||
| Altman-Z | 4.26 |
ROIC/WACC2.02
WACC7.49%
2.3 Liquidity
- A Current Ratio of 1.81 indicates that TGHN should not have too much problems paying its short term obligations.
- TGHN has a Current ratio of 1.81. This is amongst the best in the industry. TGHN outperforms 87.50% of its industry peers.
- A Quick Ratio of 1.81 indicates that TGHN should not have too much problems paying its short term obligations.
- TGHN has a better Quick ratio (1.81) than 87.50% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.81 | ||
| Quick Ratio | 1.81 |
3. Growth
3.1 Past
- TGHN shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -10.98%.
- The Earnings Per Share has been growing by 13.15% on average over the past years. This is quite good.
- TGHN shows a strong growth in Revenue. In the last year, the Revenue has grown by 21.42%.
- TGHN shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 5.00% yearly.
EPS 1Y (TTM)-10.98%
EPS 3Y0.92%
EPS 5Y13.15%
EPS Q2Q%-5.09%
Revenue 1Y (TTM)21.42%
Revenue growth 3Y-7.99%
Revenue growth 5Y5%
Sales Q2Q%7.58%
3.2 Future
- The Earnings Per Share is expected to decrease by -3.77% on average over the next years.
- TGHN is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 1.75% yearly.
EPS Next Y-5.46%
EPS Next 2Y-5.85%
EPS Next 3Y-5.95%
EPS Next 5Y-3.77%
Revenue Next Year6.89%
Revenue Next 2Y4.4%
Revenue Next 3Y3.62%
Revenue Next 5Y1.75%
3.3 Evolution
- The EPS growth rate is decreasing: in the next years the growth will be less 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
- TGHN is valuated correctly with a Price/Earnings ratio of 13.00.
- Based on the Price/Earnings ratio, TGHN is valued cheaply inside the industry as 93.75% of the companies are valued more expensively.
- TGHN is valuated cheaply when we compare the Price/Earnings ratio to 28.32, which is the current average of the S&P500 Index.
- Based on the Price/Forward Earnings ratio of 14.05, the valuation of TGHN can be described as correct.
- 75.00% of the companies in the same industry are more expensive than TGHN, based on the Price/Forward Earnings ratio.
- Compared to an average S&P500 Price/Forward Earnings ratio of 25.57, TGHN is valued a bit cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 13 | ||
| Fwd PE | 14.05 |
4.2 Price Multiples
- Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of TGHN indicates a rather cheap valuation: TGHN is cheaper than 81.25% of the companies listed in the same industry.
- 68.75% of the companies in the same industry are more expensive than TGHN, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 8.12 | ||
| EV/EBITDA | 4.55 |
4.3 Compensation for Growth
- TGHN has a very decent profitability rating, which may justify a higher PE ratio.
- TGHN's earnings are expected to decrease with -5.95% in the coming years. This may justify a cheaper valuation.
PEG (NY)N/A
PEG (5Y)0.99
EPS Next 2Y-5.85%
EPS Next 3Y-5.95%
5. Dividend
5.1 Amount
- With a Yearly Dividend Yield of 4.57%, TGHN is a good candidate for dividend investing.
- Compared to an average industry Dividend Yield of 3.07, TGHN pays a bit more dividend than its industry peers.
- TGHN's Dividend Yield is rather good when compared to the S&P500 average which is at 1.83.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.57% |
5.2 History
- The dividend of TGHN is nicely growing with an annual growth rate of 31.95%!
Dividend Growth(5Y)31.95%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
- 58.59% of the earnings are spent on dividend by TGHN. This is a bit on the high side, but may be sustainable.
- The Dividend Rate of TGHN has been growing, while earnings will be declining. This means the dividend growth is most likely not sustainable.
DP58.59%
EPS Next 2Y-5.85%
EPS Next 3Y-5.95%
LOGWIN AG / TGHN.DE FAQ
Can you provide the ChartMill fundamental rating for LOGWIN AG?
ChartMill assigns a fundamental rating of 6 / 10 to TGHN.DE.
Can you provide the valuation status for LOGWIN AG?
ChartMill assigns a valuation rating of 6 / 10 to LOGWIN AG (TGHN.DE). This can be considered as Fairly Valued.
How profitable is LOGWIN AG (TGHN.DE) stock?
LOGWIN AG (TGHN.DE) has a profitability rating of 7 / 10.
How financially healthy is LOGWIN AG?
The financial health rating of LOGWIN AG (TGHN.DE) is 8 / 10.
How sustainable is the dividend of LOGWIN AG (TGHN.DE) stock?
The dividend rating of LOGWIN AG (TGHN.DE) is 7 / 10 and the dividend payout ratio is 58.59%.