LOGWIN AG (TGHN.DE) Stock Fundamental Analysis
Europe • Frankfurt Stock Exchange • FRA:TGHN • LU1618151879
290 EUR
+6 (+2.11%)
Last: Feb 2, 2026, 07:00 PM
TGHN gets a fundamental rating of 6 out of 10. The analysis compared the fundamentals against 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 has a valuation in line with the averages, but it does not seem to be growing. 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.
- In the past year TGHN had a positive cash flow from operations.
- Each year in the past 5 years TGHN has been profitable.
- TGHN had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
- TGHN's Return On Assets of 8.39% is amongst the best of the industry. TGHN outperforms 88.24% of its industry peers.
- TGHN has a Return On Equity (17.27%) which is comparable to the rest of the industry.
- TGHN has a Return On Invested Capital of 15.14%. This is amongst the best in the industry. TGHN outperforms 88.24% of its industry peers.
- TGHN had an Average Return On Invested Capital over the past 3 years of 18.27%. This 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 of 4.22%. This is comparable to the rest of the industry: TGHN outperforms 47.06% of its industry peers.
- In the last couple of years the Profit Margin of TGHN has grown nicely.
- The Operating Margin of TGHN (5.64%) is comparable to the rest of the industry.
- TGHN's Operating Margin has improved in the last couple of years.
- TGHN has a worse Gross Margin (10.81%) than 88.24% of its industry peers.
- TGHN's Gross Margin has improved in the last couple of years.
| 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
- With a Return on Invested Capital (ROIC) well above the Cost of Capital (WACC), TGHN is creating value.
- TGHN has about the same amout of shares outstanding than it did 1 year ago.
- The number of shares outstanding for TGHN remains at a similar level compared to 5 years ago.
- The debt/assets ratio for TGHN has been reduced compared to a year ago.
2.2 Solvency
- TGHN has an Altman-Z score of 4.29. This indicates that TGHN is financially healthy and has little risk of bankruptcy at the moment.
- The Altman-Z score of TGHN (4.29) is better than 88.24% of its industry peers.
- 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.
- Looking at the Debt to FCF ratio, with a value of 0.53, TGHN belongs to the top of the industry, outperforming 100.00% of the companies in the same industry.
- TGHN has a Debt/Equity ratio of 0.10. This is a healthy value indicating a solid balance between debt and equity.
- The Debt to Equity ratio of TGHN (0.10) is better than 94.12% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.1 | ||
| Debt/FCF | 0.53 | ||
| Altman-Z | 4.29 |
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.
- With an excellent Current ratio value of 1.81, TGHN belongs to the best of the industry, outperforming 88.24% of the companies in the same industry.
- A Quick Ratio of 1.81 indicates that TGHN should not have too much problems paying its short term obligations.
- TGHN has a Quick ratio of 1.81. This is amongst the best in the industry. TGHN outperforms 88.24% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.81 | ||
| Quick Ratio | 1.81 |
3. Growth
3.1 Past
- The earnings per share for TGHN have decreased strongly by -10.98% 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.
- 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
- Based on estimates for the next years, TGHN will show a decrease in Earnings Per Share. The EPS will decrease by -3.77% 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-5.46%
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.
- 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
- Based on the Price/Earnings ratio of 13.27, the valuation of TGHN can be described as correct.
- Compared to the rest of the industry, the Price/Earnings ratio of TGHN indicates a rather cheap valuation: TGHN is cheaper than 94.12% of the companies listed in the same industry.
- The average S&P500 Price/Earnings ratio is at 28.41. TGHN is valued rather cheaply when compared to this.
- The Price/Forward Earnings ratio is 14.34, which indicates a correct valuation of TGHN.
- Based on the Price/Forward Earnings ratio, TGHN is valued a bit cheaper than the industry average as 76.47% of the companies are valued more expensively.
- The average S&P500 Price/Forward Earnings ratio is at 25.64. TGHN is valued slightly cheaper when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 13.27 | ||
| Fwd PE | 14.34 |
4.2 Price Multiples
- TGHN's Enterprise Value to EBITDA ratio is rather cheap when compared to the industry. TGHN is cheaper than 82.35% of the companies in the same industry.
- 64.71% 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 | 8.3 | ||
| EV/EBITDA | 4.7 |
4.3 Compensation for Growth
- TGHN has a very decent profitability rating, which may justify a higher PE ratio.
- A cheap valuation may be justified as TGHN's earnings are expected to decrease with -5.95% in the coming years.
PEG (NY)N/A
PEG (5Y)1.01
EPS Next 2Y-5.85%
EPS Next 3Y-5.95%
5. Dividend
5.1 Amount
- TGHN has a Yearly Dividend Yield of 4.57%, which is a nice return.
- TGHN's Dividend Yield is a higher than the industry average which is at 3.07.
- 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
- 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
- TGHN pays out 58.59% of its income as dividend. 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%
FRA:TGHN (2/2/2026, 7:00:00 PM)
290
+6 (+2.11%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupTransportation
GICS IndustryAir Freight & Logistics
Earnings (Last)10-29 2025-10-29
Earnings (Next)03-17 2026-03-17/amc
Inst Owners0.33%
Inst Owner ChangeN/A
Ins Owners87.29%
Ins Owner ChangeN/A
Market Cap835.20M
Revenue(TTM)1.49B
Net Income(TTM)62.90M
Analysts42.22
Price TargetN/A
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.57% |
Yearly Dividend14
Dividend Growth(5Y)31.95%
DP58.59%
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 | 13.27 | ||
| Fwd PE | 14.34 | ||
| P/S | 0.56 | ||
| P/FCF | 8.3 | ||
| P/OCF | 7.96 | ||
| P/B | 2.29 | ||
| P/tB | 2.93 | ||
| EV/EBITDA | 4.7 |
EPS(TTM)21.85
EY7.53%
EPS(NY)20.22
Fwd EY6.97%
FCF(TTM)34.96
FCFY12.05%
OCF(TTM)36.41
OCFY12.56%
SpS517.76
BVpS126.48
TBVpS98.84
PEG (NY)N/A
PEG (5Y)1.01
Graham Number249.36
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 8.39% | ||
| ROE | 17.27% | ||
| ROCE | 19.51% | ||
| ROIC | 15.14% | ||
| ROICexc | 67.08% | ||
| ROICexgc | 366.8% | ||
| OM | 5.64% | ||
| PM (TTM) | 4.22% | ||
| GM | 10.81% | ||
| FCFM | 6.75% |
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%
ROICexgc growth 3Y205.61%
ROICexgc 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-Score6
Asset Turnover1.99
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.1 | ||
| Debt/FCF | 0.53 | ||
| Debt/EBITDA | 0.29 | ||
| Cap/Depr | 12.45% | ||
| Cap/Sales | 0.28% | ||
| Interest Coverage | 23.77 | ||
| Cash Conversion | 89.01% | ||
| Profit Quality | 160.06% | ||
| Current Ratio | 1.81 | ||
| Quick Ratio | 1.81 | ||
| Altman-Z | 4.29 |
F-Score6
WACC7.49%
ROIC/WACC2.02
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)-10.98%
EPS 3Y0.92%
EPS 5Y13.15%
EPS Q2Q%-5.09%
EPS Next Y-5.46%
EPS Next 2Y-5.85%
EPS Next 3Y-5.95%
EPS Next 5Y-3.77%
Revenue 1Y (TTM)21.42%
Revenue growth 3Y-7.99%
Revenue growth 5Y5%
Sales Q2Q%7.58%
Revenue Next Year6.89%
Revenue Next 2Y4.4%
Revenue Next 3Y3.62%
Revenue Next 5Y1.75%
EBIT growth 1Y-0.59%
EBIT growth 3Y-6.7%
EBIT growth 5Y11.49%
EBIT Next Year32.95%
EBIT Next 3Y6.4%
EBIT Next 5Y5.34%
FCF growth 1Y-38.46%
FCF growth 3Y-2.62%
FCF growth 5Y16.75%
OCF growth 1Y-38.61%
OCF growth 3Y-4.69%
OCF growth 5Y10.74%
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%.