LOGWIN AG (TGHN.DE) Stock Fundamental Analysis

FRA:TGHN • LU1618151879

286 EUR
+8 (+2.88%)
Last: Feb 18, 2026, 07:00 PM
Fundamental Rating

6

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. 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 on the other hand it scores bad on growth. TGHN also has an excellent dividend rating. These ratings could make TGHN a good candidate for dividend investing.


Dividend Valuation Growth Profitability Health

7

1. Profitability

1.1 Basic Checks

  • In the past year TGHN was profitable.
  • TGHN had a positive operating cash flow in the past year.
  • 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.
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

  • TGHN has a better Return On Assets (8.39%) than 88.24% of its industry peers.
  • TGHN has a Return On Equity of 17.27%. This is comparable to the rest of the industry: TGHN outperforms 58.82% of its industry peers.
  • With an excellent Return On Invested Capital value of 15.14%, TGHN belongs to the best of the industry, outperforming 88.24% of the companies in the same industry.
  • TGHN had an Average Return On Invested Capital over the past 3 years of 18.27%. This is significantly above the industry average of 9.91%.
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

  • With a Profit Margin value of 4.22%, TGHN perfoms like the industry average, outperforming 52.94% of the companies in the same industry.
  • TGHN's Profit Margin has improved in the last couple of years.
  • TGHN's Operating Margin of 5.64% is in line compared to the rest of the industry. TGHN outperforms 47.06% of its industry peers.
  • TGHN's Operating Margin has improved in the last couple of years.
  • TGHN's Gross Margin of 10.81% is on the low side compared to the rest of the industry. TGHN is outperformed by 82.35% of its industry peers.
  • TGHN's Gross Margin has improved in the last couple of years.
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

8

2. Health

2.1 Basic Checks

  • With a Return on Invested Capital (ROIC) well above the Cost of Capital (WACC), TGHN is creating value.
  • The number of shares outstanding for TGHN remains at a similar level compared to 1 year ago.
  • 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.
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 4.27. This indicates that TGHN is financially healthy and has little risk of bankruptcy at the moment.
  • TGHN's Altman-Z score of 4.27 is amongst the best of the industry. TGHN outperforms 94.12% 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.
  • The Debt to FCF ratio of TGHN (0.53) is better than 100.00% of its industry peers.
  • A Debt/Equity ratio of 0.10 indicates that TGHN is not too dependend on debt financing.
  • With an excellent Debt to Equity ratio value of 0.10, TGHN belongs to the best of the industry, outperforming 94.12% of the companies in the same industry.
Industry RankSector Rank
Debt/Equity 0.1
Debt/FCF 0.53
Altman-Z 4.27
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

  • 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.
  • TGHN's Current ratio of 1.81 is amongst the best of the industry. TGHN outperforms 88.24% 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 88.24% 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%.
  • Measured over the past years, TGHN shows a quite strong growth in Earnings Per Share. The EPS has been growing by 13.15% on average per year.
  • The Revenue has grown by 21.42% in the past year. This is a very strong growth!
  • 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

  • The Earnings Per Share is expected to decrease by -3.77% on average over the next years.
  • 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

6

4. Valuation

4.1 Price/Earnings Ratio

  • Based on the Price/Earnings ratio of 13.09, the valuation of TGHN can be described as correct.
  • 94.12% of the companies in the same industry are more expensive than TGHN, based on the Price/Earnings ratio.
  • When comparing the Price/Earnings ratio of TGHN to the average of the S&P500 Index (27.27), we can say TGHN is valued rather cheaply.
  • A Price/Forward Earnings ratio of 14.15 indicates a correct valuation of TGHN.
  • TGHN's Price/Forward Earnings ratio is rather cheap when compared to the industry. TGHN is cheaper than 88.24% of the companies in the same industry.
  • Compared to an average S&P500 Price/Forward Earnings ratio of 28.16, TGHN is valued a bit cheaper.
Industry RankSector Rank
PE 13.09
Fwd PE 14.15
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

  • Based on the Enterprise Value to EBITDA ratio, TGHN is valued cheaper than 82.35% of the companies in the same industry.
  • Based on the Price/Free Cash Flow ratio, TGHN is valued cheaply inside the industry as 82.35% of the companies are valued more expensively.
Industry RankSector Rank
P/FCF 8.18
EV/EBITDA 4.6
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)1
EPS Next 2Y-5.85%
EPS Next 3Y-5.95%

7

5. Dividend

5.1 Amount

  • TGHN has a Yearly Dividend Yield of 4.44%, which is a nice return.
  • TGHN's Dividend Yield is a higher than the industry average which is at 3.22.
  • Compared to an average S&P500 Dividend Yield of 1.85, TGHN pays a better dividend.
Industry RankSector Rank
Dividend Yield 4.44%

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
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

FRA:TGHN (2/18/2026, 7:00:00 PM)

286

+8 (+2.88%)

Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupTransportation
GICS IndustryAir Freight & Logistics
Earnings (Last)10-29
Earnings (Next)03-17
Inst Owners0.33%
Inst Owner ChangeN/A
Ins Owners87.29%
Ins Owner ChangeN/A
Market Cap823.68M
Revenue(TTM)1.49B
Net Income(TTM)62.90M
Analysts42.22
Price TargetN/A
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield 4.44%
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 RankSector Rank
PE 13.09
Fwd PE 14.15
P/S 0.55
P/FCF 8.18
P/OCF 7.85
P/B 2.26
P/tB 2.89
EV/EBITDA 4.6
EPS(TTM)21.85
EY7.64%
EPS(NY)20.22
Fwd EY7.07%
FCF(TTM)34.96
FCFY12.22%
OCF(TTM)36.41
OCFY12.73%
SpS517.76
BVpS126.48
TBVpS98.84
PEG (NY)N/A
PEG (5Y)1
Graham Number249.36
Profitability
Industry RankSector 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 RankSector 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 4.27
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%.