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
Fundamental Rating

6

TGHN gets a fundamental rating of 6 out of 10. The analysis compared the fundamentals against 16 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 valuation in line with the averages, but on the other hand it scores bad on growth. Finally TGHN also has an excellent dividend rating. This makes TGHN very considerable for dividend investing!


Dividend Valuation Growth Profitability Health

7

1. Profitability

1.1 Basic Checks

  • TGHN had positive earnings in the past year.
  • TGHN had a positive operating cash flow in the past year.
  • Each year in the past 5 years TGHN has been profitable.
  • In the past 5 years TGHN always reported a positive cash flow from operatings.
TGHN.DE Yearly Net Income VS EBIT VS OCF VS FCFTGHN.DE Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 50M 100M 150M

1.2 Ratios

  • The Return On Assets of TGHN (8.39%) is better than 87.50% of its industry peers.
  • The Return On Equity of TGHN (17.27%) is better than 62.50% of its industry peers.
  • The Return On Invested Capital of TGHN (15.14%) is better than 87.50% of its industry peers.
  • The Average Return On Invested Capital over the past 3 years for TGHN is significantly above the industry average of 9.76%.
Industry RankSector 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%
TGHN.DE Yearly ROA, ROE, ROICTGHN.DE Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 5 10 15 20

1.3 Margins

  • TGHN has a Profit Margin (4.22%) which is in line with its industry peers.
  • In the last couple of years the Profit Margin of TGHN has grown nicely.
  • With a Operating Margin value of 5.64%, TGHN perfoms like the industry average, outperforming 43.75% of the companies in the same industry.
  • In the last couple of years the Operating Margin of TGHN has grown nicely.
  • The Gross Margin of TGHN (10.81%) is worse than 87.50% of its industry peers.
  • In the last couple of years the Gross Margin of TGHN has grown nicely.
Industry RankSector 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%
TGHN.DE Yearly Profit, Operating, Gross MarginsTGHN.DE Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 2 4 6 8 10

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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.
  • 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.
  • TGHN has a better debt/assets ratio than last year.
TGHN.DE Yearly Shares OutstandingTGHN.DE Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 500K 1M 1.5M 2M 2.5M
TGHN.DE Yearly Total Debt VS Total AssetsTGHN.DE Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 200M 400M 600M 800M

2.2 Solvency

  • TGHN has an Altman-Z score of 4.25. This indicates that TGHN is financially healthy and has little risk of bankruptcy at the moment.
  • TGHN has a better Altman-Z score (4.25) than 87.50% of its industry peers.
  • The Debt to FCF ratio of TGHN is 0.53, which is an excellent value as it means it would take TGHN, only 0.53 years of fcf income to pay off all of its debts.
  • With an excellent Debt to FCF ratio value of 0.53, TGHN belongs to the best of the industry, outperforming 100.00% of the companies in the same industry.
  • A Debt/Equity ratio of 0.10 indicates that TGHN is not too dependend on debt financing.
  • The Debt to Equity ratio of TGHN (0.10) is better than 93.75% of its industry peers.
Industry RankSector Rank
Debt/Equity 0.1
Debt/FCF 0.53
Altman-Z 4.25
ROIC/WACC2.02
WACC7.49%
TGHN.DE Yearly LT Debt VS Equity VS FCFTGHN.DE Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 100M 200M 300M

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 better Current ratio (1.81) than 87.50% of its industry peers.
  • TGHN has a Quick Ratio of 1.81. 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 (1.81) is better than 87.50% of its industry peers.
Industry RankSector Rank
Current Ratio 1.81
Quick Ratio 1.81
TGHN.DE Yearly Current Assets VS Current LiabilitesTGHN.DE Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 200M 400M 600M

3

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%.
  • 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%.
  • The Revenue has been growing slightly by 5.00% on average over the past years.
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.
  • Based on estimates for the next years, TGHN will show a small growth in Revenue. The Revenue will grow by 1.75% on average per year.
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

  • 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.
TGHN.DE Yearly Revenue VS EstimatesTGHN.DE Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 2032 500M 1B 1.5B 2B
TGHN.DE Yearly EPS VS EstimatesTGHN.DE Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 5 10 15 20

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4. Valuation

4.1 Price/Earnings Ratio

  • TGHN is valuated correctly with a Price/Earnings ratio of 13.00.
  • Compared to the rest of the industry, the Price/Earnings ratio of TGHN indicates a rather cheap valuation: TGHN is cheaper than 93.75% of the companies listed in the same industry.
  • When comparing the Price/Earnings ratio of TGHN to the average of the S&P500 Index (28.30), we can say TGHN is valued rather cheaply.
  • TGHN is valuated correctly with a Price/Forward Earnings ratio of 14.05.
  • TGHN's Price/Forward Earnings ratio is rather cheap when compared to the industry. TGHN is cheaper than 81.25% of the companies in the same industry.
  • Compared to an average S&P500 Price/Forward Earnings ratio of 25.57, TGHN is valued a bit cheaper.
Industry RankSector Rank
PE 13
Fwd PE 14.05
TGHN.DE Price Earnings VS Forward Price EarningsTGHN.DE Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 5 10 15 20 25

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.
  • Based on the Price/Free Cash Flow ratio, TGHN is valued a bit cheaper than the industry average as 75.00% of the companies are valued more expensively.
Industry RankSector Rank
P/FCF 8.12
EV/EBITDA 4.46
TGHN.DE Per share dataTGHN.DE EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 100 200 300 400 500

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%

7

5. Dividend

5.1 Amount

  • With a Yearly Dividend Yield of 4.74%, TGHN is a good candidate for dividend investing.
  • Compared to an average industry Dividend Yield of 2.93, TGHN pays a bit more dividend than its industry peers.
  • Compared to an average S&P500 Dividend Yield of 1.82, TGHN pays a better dividend.
Industry RankSector Rank
Dividend Yield 4.74%

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
TGHN.DE Yearly Dividends per shareTGHN.DE Yearly Dividends per shareYearly Dividends per share 2019 2024 2025 2 4 6 8 10

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%
TGHN.DE Yearly Income VS Free CF VS DividendTGHN.DE Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2016 2017 2018 2019 2020 2021 2022 2023 2024 50M 100M 150M
TGHN.DE Dividend Payout.TGHN.DE Dividend Payout, showing the Payout Ratio.TGHN.DE Dividend Payout.PayoutRetained Earnings

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%.