LOGWIN AG (TGHN.DE) Stock Fundamental Analysis
FRA:TGHN - Deutsche Boerse Ag - LU1618151879 - Common Stock - Currency: EUR
We assign a fundamental rating of 6 out of 10 to TGHN. TGHN was compared to 14 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 is valued correctly, but it does not seem to be growing.
1. Profitability
1.1 Basic Checks
TGHN had positive earnings in the past year.
In the past year TGHN had a positive cash flow from operations.
TGHN had positive earnings in each of the past 5 years.
Each year in the past 5 years TGHN had a positive operating cash flow.
1.2 Ratios
TGHN has a better Return On Assets (8.07%) than 85.71% of its industry peers.
The Return On Equity of TGHN (17.20%) is better than 64.29% of its industry peers.
With an excellent Return On Invested Capital value of 14.51%, TGHN belongs to the best of the industry, outperforming 85.71% 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 7.44%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 8.07% | ||
| ROE | 17.2% | ||
| ROIC | 14.51% |
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's Profit Margin of 4.47% is fine compared to the rest of the industry. TGHN outperforms 78.57% of its industry peers.
TGHN's Profit Margin has improved in the last couple of years.
TGHN's Operating Margin of 5.77% is in line compared to the rest of the industry. TGHN outperforms 57.14% of its industry peers.
TGHN's Operating Margin has improved in the last couple of years.
TGHN's Gross Margin of 10.84% is on the low side compared to the rest of the industry. TGHN is outperformed by 71.43% of its industry peers.
TGHN's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 5.77% | ||
| PM (TTM) | 4.47% | ||
| GM | 10.84% |
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
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 an improved debt to assets ratio.
2.2 Solvency
An Altman-Z score of 3.74 indicates that TGHN is not in any danger for bankruptcy at the moment.
TGHN has a Altman-Z score of 3.74. This is amongst the best in the industry. TGHN outperforms 92.86% of its industry peers.
TGHN has a debt to FCF ratio of 0.57. This is a very positive value and a sign of high solvency as it would only need 0.57 years to pay back of all of its debts.
The Debt to FCF ratio of TGHN (0.57) is better than 92.86% 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 85.71% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.1 | ||
| Debt/FCF | 0.57 | ||
| Altman-Z | 3.74 |
ROIC/WACC2
WACC7.25%
2.3 Liquidity
TGHN has a Current Ratio of 1.76. This is a normal value and indicates that TGHN is financially healthy and should not expect problems in meeting its short term obligations.
With an excellent Current ratio value of 1.76, TGHN belongs to the best of the industry, outperforming 85.71% of the companies in the same industry.
TGHN has a Quick Ratio of 1.76. This is a normal value and indicates that TGHN is financially healthy and should not expect problems in meeting its short term obligations.
The Quick ratio of TGHN (1.76) is better than 85.71% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.76 | ||
| Quick Ratio | 1.76 |
3. Growth
3.1 Past
The earnings per share for TGHN have decreased strongly by -18.62% in the last year.
TGHN shows quite a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 13.15% yearly.
Looking at the last year, TGHN shows a quite strong growth in Revenue. The Revenue has grown by 14.70% in the last year.
Measured over the past years, TGHN shows a small growth in Revenue. The Revenue has been growing by 5.00% on average per year.
EPS 1Y (TTM)-18.62%
EPS 3Y0.92%
EPS 5Y13.15%
EPS Q2Q%-15.82%
Revenue 1Y (TTM)14.7%
Revenue growth 3Y-7.99%
Revenue growth 5Y5%
Sales Q2Q%36.67%
3.2 Future
Based on estimates for the next years, TGHN will show a decrease in Earnings Per Share. The EPS will decrease by -5.47% on average per year.
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-5.72%
EPS Next 2Y-5.47%
EPS Next 3Y-5.47%
EPS Next 5YN/A
Revenue Next Year1.97%
Revenue Next 2Y1.98%
Revenue Next 3Y2%
Revenue Next 5Y1.75%
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 decreasing.
4. Valuation
4.1 Price/Earnings Ratio
TGHN is valuated reasonably with a Price/Earnings ratio of 10.71.
Compared to the rest of the industry, the Price/Earnings ratio of TGHN indicates a somewhat cheap valuation: TGHN is cheaper than 71.43% of the companies listed in the same industry.
TGHN's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 27.50.
The Price/Forward Earnings ratio is 11.16, which indicates a very decent valuation of TGHN.
TGHN's Price/Forward Earnings ratio is rather cheap when compared to the industry. TGHN is cheaper than 85.71% of the companies in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 36.44. TGHN is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 10.71 | ||
| Fwd PE | 11.16 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, TGHN is valued cheaply inside the industry as 92.86% of the companies are valued more expensively.
78.57% 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 | 6.61 | ||
| EV/EBITDA | 3.2 |
4.3 Compensation for Growth
The decent profitability rating of TGHN may justify a higher PE ratio.
A cheap valuation may be justified as TGHN's earnings are expected to decrease with -5.47% in the coming years.
PEG (NY)N/A
PEG (5Y)0.81
EPS Next 2Y-5.47%
EPS Next 3Y-5.47%
5. Dividend
5.1 Amount
TGHN has a Yearly Dividend Yield of 5.33%, which is a nice return.
Compared to an average industry Dividend Yield of 3.56, TGHN pays a bit more dividend than its industry peers.
Compared to an average S&P500 Dividend Yield of 2.34, TGHN pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.33% |
5.2 History
On average, the dividend of TGHN grows each year by 31.95%, which is quite nice.
Dividend Growth(5Y)31.95%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
62.47% of the earnings are spent on dividend by TGHN. This is not a sustainable payout ratio.
TGHN's earnings are declining while the Dividend Rate has been growing. This means the dividend growth is most likely not sustainable.
DP62.47%
EPS Next 2Y-5.47%
EPS Next 3Y-5.47%
FRA:TGHN (7/17/2025, 7:00:00 PM)
240
+2 (+0.84%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupTransportation
GICS IndustryAir Freight & Logistics
Earnings (Last)
Earnings (Next)
Inst Owners0.28%
Inst Owner ChangeN/A
Ins Owners87.3%
Ins Owner ChangeN/A
Market Cap691.20M
Analysts42.22
Price TargetN/A
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.33% |
Yearly Dividend14
Dividend Growth(5Y)31.95%
DP62.47%
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%
EPS NY rev (3m)0%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)0%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 10.71 | ||
| Fwd PE | 11.16 | ||
| P/S | 0.48 | ||
| P/FCF | 6.61 | ||
| P/OCF | 6.34 | ||
| P/B | 1.84 | ||
| P/tB | 2.27 | ||
| EV/EBITDA | 3.2 |
EPS(TTM)22.41
EY9.34%
EPS(NY)21.5
Fwd EY8.96%
FCF(TTM)36.33
FCFY15.14%
OCF(TTM)37.84
OCFY15.77%
SpS500.82
BVpS130.27
TBVpS105.79
PEG (NY)N/A
PEG (5Y)0.81
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 8.07% | ||
| ROE | 17.2% | ||
| ROCE | 18.7% | ||
| ROIC | 14.51% | ||
| ROICexc | 89.84% | ||
| ROICexgc | 4614.65% | ||
| OM | 5.77% | ||
| PM (TTM) | 4.47% | ||
| GM | 10.84% | ||
| FCFM | 7.25% |
ROA(3y)9.2%
ROA(5y)8.29%
ROE(3y)20.29%
ROE(5y)19.71%
ROIC(3y)18.27%
ROIC(5y)17.48%
ROICexc(3y)115.79%
ROICexc(5y)86.65%
ROICexgc(3y)2728.32%
ROICexgc(5y)1680.1%
ROCE(3y)23.55%
ROCE(5y)22.52%
ROICexcg growth 3Y205.61%
ROICexcg growth 5Y142.17%
ROICexc growth 3Y12.94%
ROICexc growth 5Y28.79%
OM growth 3Y1.41%
OM growth 5Y6.19%
PM growth 3Y9.67%
PM growth 5Y7.72%
GM growth 3Y7.27%
GM growth 5Y4.24%
F-Score5
Asset Turnover1.8
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.1 | ||
| Debt/FCF | 0.57 | ||
| Debt/EBITDA | 0.32 | ||
| Cap/Depr | 12.47% | ||
| Cap/Sales | 0.3% | ||
| Interest Coverage | 21.67 | ||
| Cash Conversion | 92.31% | ||
| Profit Quality | 162.17% | ||
| Current Ratio | 1.76 | ||
| Quick Ratio | 1.76 | ||
| Altman-Z | 3.74 |
F-Score5
WACC7.25%
ROIC/WACC2
Cap/Depr(3y)15.54%
Cap/Depr(5y)25.87%
Cap/Sales(3y)0.37%
Cap/Sales(5y)0.7%
Profit Quality(3y)171.9%
Profit Quality(5y)167.23%
High Growth Momentum
Growth
EPS 1Y (TTM)-18.62%
EPS 3Y0.92%
EPS 5Y13.15%
EPS Q2Q%-15.82%
EPS Next Y-5.72%
EPS Next 2Y-5.47%
EPS Next 3Y-5.47%
EPS Next 5YN/A
Revenue 1Y (TTM)14.7%
Revenue growth 3Y-7.99%
Revenue growth 5Y5%
Sales Q2Q%36.67%
Revenue Next Year1.97%
Revenue Next 2Y1.98%
Revenue Next 3Y2%
Revenue Next 5Y1.75%
EBIT growth 1Y-12.05%
EBIT growth 3Y-6.7%
EBIT growth 5Y11.49%
EBIT Next Year35.23%
EBIT Next 3Y7.39%
EBIT Next 5YN/A
FCF growth 1Y3.11%
FCF growth 3Y-2.62%
FCF growth 5Y16.75%
OCF growth 1Y1.01%
OCF growth 3Y-4.69%
OCF growth 5Y10.74%