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
Taking everything into account, TGHN scores 6 out of 10 in our fundamental rating. TGHN was compared to 17 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 it does not seem to be growing. Finally TGHN also has an excellent dividend rating. These ratings would make TGHN suitable for dividend investing!
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.
- In the past 5 years TGHN always reported a positive cash flow from operatings.
1.2 Ratios
- The Return On Assets of TGHN (8.39%) is better than 88.24% of its industry peers.
- With a Return On Equity value of 17.27%, TGHN perfoms like the industry average, outperforming 58.82% of the companies in the same industry.
- TGHN's Return On Invested Capital of 15.14% is amongst the best of 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's Profit Margin of 4.22% is in line compared to the rest of the industry. TGHN outperforms 47.06% of its industry peers.
- TGHN's Profit Margin has improved in the last couple of years.
- TGHN has a Operating Margin (5.64%) which is comparable to the rest of the 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 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.
- 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 4.29 indicates that TGHN is not in any danger for bankruptcy at the moment.
- Looking at the Altman-Z score, with a value of 4.29, TGHN belongs to the top of the industry, outperforming 88.24% of the companies in the same industry.
- 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.
- TGHN's Debt to FCF ratio of 0.53 is amongst the best of 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.
- TGHN's Debt to Equity ratio of 0.10 is amongst the best of the industry. TGHN outperforms 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
- TGHN has a Current 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 Current ratio of TGHN (1.81) is better than 88.24% of its industry peers.
- A Quick Ratio of 1.81 indicates that TGHN should not have too much problems paying its short term obligations.
- Looking at the Quick ratio, with a value of 1.81, TGHN belongs to the top of the industry, outperforming 88.24% of the companies in the same industry.
| 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.
- The Earnings Per Share has been growing by 13.15% on average over the past years. This is quite good.
- Looking at the last year, TGHN shows a very strong growth in Revenue. 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
- TGHN is expected to show a decrease in Earnings Per Share. In the coming years, the EPS will decrease by -3.77% yearly.
- 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.
- 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
- TGHN is valuated correctly with a Price/Earnings ratio of 13.27.
- Based on the Price/Earnings ratio, TGHN is valued cheaply inside the industry as 94.12% of the companies are valued more expensively.
- TGHN is valuated cheaply when we compare the Price/Earnings ratio to 28.41, which is the current average of the S&P500 Index.
- With a Price/Forward Earnings ratio of 14.34, TGHN is valued correctly.
- 76.47% of the companies in the same industry are more expensive than TGHN, based on the Price/Forward Earnings ratio.
- TGHN is valuated rather cheaply when we compare the Price/Forward Earnings ratio to 25.64, which is the current average of the S&P500 Index.
| 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.
- 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
- 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.
- TGHN's earnings are declining while the Dividend Rate has been growing. 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%.