LOGWIN AG (TGHN.DE) Stock Fundamental Analysis
FRA:TGHN - Deutsche Boerse Ag - LU1618151879 - Common Stock - Currency: EUR
TGHN gets a fundamental rating of 7 out of 10. The analysis compared the fundamentals against 15 industry peers in the Air Freight & Logistics industry. TGHN has outstanding health and profitabily ratings, belonging to the best of the industry. This is a solid base for any company. TGHN has a bad growth rate and is valued cheaply. Finally TGHN also has an excellent dividend rating. These ratings would make TGHN suitable for value and dividend investing!
1. Profitability
1.1 Basic Checks
In the past year TGHN was profitable.
In the past year TGHN had a positive cash flow from operations.
In the past 5 years TGHN has always been profitable.
Each year in the past 5 years TGHN had a positive operating cash flow.
1.2 Ratios
TGHN has a Return On Assets of 9.51%. This is amongst the best in the industry. TGHN outperforms 100.00% of its industry peers.
TGHN has a Return On Equity of 20.66%. This is in the better half of the industry: TGHN outperforms 73.33% of its industry peers.
TGHN's Return On Invested Capital of 15.77% is amongst the best of the industry. TGHN outperforms 100.00% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for TGHN is significantly above the industry average of 7.10%.
The 3 year average ROIC (20.26%) for TGHN is well above the current ROIC(15.77%). The reason for the recent decline needs to be investigated.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 9.51% | ||
| ROE | 20.66% | ||
| ROIC | 15.77% |
ROA(3y)9.14%
ROA(5y)7.87%
ROE(3y)22.01%
ROE(5y)19.63%
ROIC(3y)20.26%
ROIC(5y)16.79%
1.3 Margins
TGHN has a Profit Margin of 5.75%. This is amongst the best in the industry. TGHN outperforms 86.67% of its industry peers.
In the last couple of years the Profit Margin of TGHN has grown nicely.
Looking at the Operating Margin, with a value of 6.89%, TGHN is in the better half of the industry, outperforming 80.00% of the companies in the same industry.
In the last couple of years the Operating Margin of TGHN has grown nicely.
Looking at the Gross Margin, with a value of 12.60%, TGHN is doing worse than 80.00% of the companies in the same industry.
TGHN's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 6.89% | ||
| PM (TTM) | 5.75% | ||
| GM | 12.6% |
OM growth 3Y21.02%
OM growth 5Y11.41%
PM growth 3Y27.2%
PM growth 5Y13.41%
GM growth 3Y14.02%
GM growth 5Y8.37%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) well above the Cost of Capital (WACC), TGHN is creating value.
Compared to 1 year ago, TGHN has about the same amount of shares outstanding.
Compared to 5 years ago, TGHN has about the same amount of shares outstanding.
Compared to 1 year ago, TGHN has a worse debt to assets ratio.
2.2 Solvency
An Altman-Z score of 3.64 indicates that TGHN is not in any danger for bankruptcy at the moment.
TGHN has a Altman-Z score of 3.64. This is amongst the best in the industry. TGHN outperforms 100.00% of its industry peers.
The Debt to FCF ratio of TGHN is 1.04, which is an excellent value as it means it would take TGHN, only 1.04 years of fcf income to pay off all of its debts.
TGHN's Debt to FCF ratio of 1.04 is amongst the best of the industry. TGHN outperforms 100.00% of its industry peers.
TGHN has a Debt/Equity ratio of 0.12. This is a healthy value indicating a solid balance between debt and equity.
With an excellent Debt to Equity ratio value of 0.12, TGHN belongs to the best of the industry, outperforming 100.00% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.12 | ||
| Debt/FCF | 1.04 | ||
| Altman-Z | 3.64 |
ROIC/WACC2.21
WACC7.13%
2.3 Liquidity
TGHN has a Current Ratio of 1.73. This is a normal value and indicates that TGHN is financially healthy and should not expect problems in meeting its short term obligations.
Looking at the Current ratio, with a value of 1.73, TGHN belongs to the top of the industry, outperforming 100.00% of the companies in the same industry.
TGHN has a Quick Ratio of 1.72. This is a normal value and indicates that TGHN is financially healthy and should not expect problems in meeting its short term obligations.
Looking at the Quick ratio, with a value of 1.72, TGHN belongs to the top of the industry, outperforming 100.00% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.73 | ||
| Quick Ratio | 1.72 |
3. Growth
3.1 Past
TGHN shows a slight negative growth in Earnings Per Share. In the last year, the EPS has decreased by -2.17%.
The Earnings Per Share has been growing by 15.50% on average over the past years. This is quite good.
TGHN shows a very negative growth in Revenue. In the last year, the Revenue has decreased by -30.35%.
The Revenue has been growing slightly by 1.81% on average over the past years.
EPS 1Y (TTM)-2.17%
EPS 3Y32.14%
EPS 5Y15.5%
EPS Q2Q%-21.3%
Revenue 1Y (TTM)-30.35%
Revenue growth 3Y3.83%
Revenue growth 5Y1.81%
Sales Q2Q%-4.38%
3.2 Future
The Earnings Per Share is expected to grow by 1.27% 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 2.06% yearly.
EPS Next Y19.83%
EPS Next 2Y6.29%
EPS Next 3Y2.3%
EPS Next 5Y1.27%
Revenue Next Year3.57%
Revenue Next 2Y2.77%
Revenue Next 3Y2.51%
Revenue Next 5Y2.06%
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 decreasing.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is stable.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 9.21, the valuation of TGHN can be described as very reasonable.
Compared to the rest of the industry, the Price/Earnings ratio of TGHN indicates a somewhat cheap valuation: TGHN is cheaper than 80.00% of the companies listed in the same industry.
When comparing the Price/Earnings ratio of TGHN to the average of the S&P500 Index (29.35), we can say TGHN is valued rather cheaply.
Based on the Price/Forward Earnings ratio of 10.51, the valuation of TGHN can be described as reasonable.
Based on the Price/Forward Earnings ratio, TGHN is valued cheaply inside the industry as 86.67% of the companies are valued more expensively.
TGHN's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 22.10.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.21 | ||
| Fwd PE | 10.51 |
4.2 Price Multiples
93.33% of the companies in the same industry are more expensive than TGHN, based on the Enterprise Value to EBITDA ratio.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of TGHN is on the same level as its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 9.59 | ||
| EV/EBITDA | 3.3 |
4.3 Compensation for Growth
TGHN's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
The excellent profitability rating of TGHN may justify a higher PE ratio.
PEG (NY)0.46
PEG (5Y)0.59
EPS Next 2Y6.29%
EPS Next 3Y2.3%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 6.09%, TGHN is a good candidate for dividend investing.
TGHN's Dividend Yield is rather good when compared to the industry average which is at 3.94. TGHN pays more dividend than 86.67% of the companies in the same industry.
TGHN's Dividend Yield is rather good when compared to the S&P500 average which is at 2.33.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.09% |
5.2 History
On average, the dividend of TGHN grows each year by 57.20%, which is quite nice.
Dividend Growth(5Y)57.2%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
57.05% of the earnings are spent on dividend by TGHN. This is a bit on the high side, but may be sustainable.
TGHN's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DP57.05%
EPS Next 2Y6.29%
EPS Next 3Y2.3%
FRA:TGHN (3/7/2025, 7:00:00 PM)
226
-4 (-1.74%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupTransportation
GICS IndustryAir Freight & Logistics
Earnings (Last)
Earnings (Next)
Inst Owners0.3%
Inst Owner ChangeN/A
Ins Owners87.3%
Ins Owner ChangeN/A
Market Cap650.88M
Analysts42.22
Price TargetN/A
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.09% |
Yearly Dividend24
Dividend Growth(5Y)57.2%
DP57.05%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)N/A
Avg EPS beat(2)N/A
Min EPS beat(2)N/A
Max EPS beat(2)N/A
EPS beat(4)N/A
Avg EPS beat(4)N/A
Min EPS beat(4)N/A
Max EPS beat(4)N/A
EPS beat(8)N/A
Avg EPS beat(8)N/A
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)N/A
Avg Revenue beat(2)N/A
Min Revenue beat(2)N/A
Max Revenue beat(2)N/A
Revenue beat(4)N/A
Avg Revenue beat(4)N/A
Min Revenue beat(4)N/A
Max Revenue beat(4)N/A
Revenue beat(8)N/A
Avg Revenue beat(8)N/A
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)N/A
PT rev (3m)N/A
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)0.31%
EPS NY rev (3m)0.31%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)6.04%
Revenue NY rev (3m)6.04%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.21 | ||
| Fwd PE | 10.51 | ||
| P/S | 0.53 | ||
| P/FCF | 9.59 | ||
| P/OCF | 8.97 | ||
| P/B | 1.9 | ||
| P/tB | 2.33 | ||
| EV/EBITDA | 3.3 |
EPS(TTM)24.54
EY10.86%
EPS(NY)21.5
Fwd EY9.51%
FCF(TTM)23.56
FCFY10.43%
OCF(TTM)25.19
OCFY11.15%
SpS426.4
BVpS118.76
TBVpS97.08
PEG (NY)0.46
PEG (5Y)0.59
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 9.51% | ||
| ROE | 20.66% | ||
| ROCE | 20.53% | ||
| ROIC | 15.77% | ||
| ROICexc | 73.82% | ||
| ROICexgc | 254.04% | ||
| OM | 6.89% | ||
| PM (TTM) | 5.75% | ||
| GM | 12.6% | ||
| FCFM | 5.53% |
ROA(3y)9.14%
ROA(5y)7.87%
ROE(3y)22.01%
ROE(5y)19.63%
ROIC(3y)20.26%
ROIC(5y)16.79%
ROICexc(3y)105.48%
ROICexc(5y)72.98%
ROICexgc(3y)1235.07%
ROICexgc(5y)762.73%
ROCE(3y)26.4%
ROCE(5y)21.88%
ROICexcg growth 3Y202.27%
ROICexcg growth 5Y-1.77%
ROICexc growth 3Y66.16%
ROICexc growth 5Y15.6%
OM growth 3Y21.02%
OM growth 5Y11.41%
PM growth 3Y27.2%
PM growth 5Y13.41%
GM growth 3Y14.02%
GM growth 5Y8.37%
F-Score6
Asset Turnover1.65
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.12 | ||
| Debt/FCF | 1.04 | ||
| Debt/EBITDA | 0.34 | ||
| Cap/Depr | 13.14% | ||
| Cap/Sales | 0.38% | ||
| Interest Coverage | 21.9 | ||
| Cash Conversion | 60.25% | ||
| Profit Quality | 96.03% | ||
| Current Ratio | 1.73 | ||
| Quick Ratio | 1.72 | ||
| Altman-Z | 3.64 |
F-Score6
WACC7.13%
ROIC/WACC2.21
Cap/Depr(3y)22.1%
Cap/Depr(5y)32.25%
Cap/Sales(3y)0.49%
Cap/Sales(5y)0.95%
Profit Quality(3y)177.98%
Profit Quality(5y)162.48%
High Growth Momentum
Growth
EPS 1Y (TTM)-2.17%
EPS 3Y32.14%
EPS 5Y15.5%
EPS Q2Q%-21.3%
EPS Next Y19.83%
EPS Next 2Y6.29%
EPS Next 3Y2.3%
EPS Next 5Y1.27%
Revenue 1Y (TTM)-30.35%
Revenue growth 3Y3.83%
Revenue growth 5Y1.81%
Sales Q2Q%-4.38%
Revenue Next Year3.57%
Revenue Next 2Y2.77%
Revenue Next 3Y2.51%
Revenue Next 5Y2.06%
EBIT growth 1Y-22.41%
EBIT growth 3Y25.66%
EBIT growth 5Y13.43%
EBIT Next Year51.22%
EBIT Next 3Y11.93%
EBIT Next 5Y8.52%
FCF growth 1Y-52.37%
FCF growth 3Y28.17%
FCF growth 5Y22.12%
OCF growth 1Y-52.36%
OCF growth 3Y16.78%
OCF growth 5Y17.86%