LOGWIN AG (TGHN.DE) Stock Fundamental Analysis

Europe • Frankfurt Stock Exchange • FRA:TGHN • LU1618151879

288 EUR
+2 (+0.7%)
Last: Feb 11, 2026, 07:00 PM
Overview Stock Chart Technical Analysis Fundamental Analysis Analyst Ratings Earnings Estimates Financials Ownership
Fundamental Rating

6

TGHN gets a fundamental rating of 6 out of 10. The analysis compared the fundamentals against 18 industry peers in the Air Freight & Logistics industry. TGHN gets an excellent profitability rating and is at the same time showing great financial health properties. TGHN is valued correctly, but it does not seem to be growing. TGHN also has an excellent dividend rating. With these ratings, TGHN could be worth investigating further for dividend investing!.


Dividend Valuation Growth Profitability Health

7

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.
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 88.89% of its industry peers.
  • Looking at the Return On Equity, with a value of 17.27%, TGHN is in the better half of the industry, outperforming 61.11% of the companies in the same industry.
  • TGHN has a Return On Invested Capital of 15.14%. This is amongst the best in the industry. TGHN outperforms 88.89% of its industry peers.
  • The Average Return On Invested Capital over the past 3 years for TGHN is significantly above the industry average of 9.61%.
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 44.44% of the companies in the same industry.
  • TGHN's Profit Margin has improved in the last couple of years.
  • TGHN has a worse Operating Margin (5.64%) than 61.11% of its industry peers.
  • In the last couple of years the Operating Margin of TGHN has grown nicely.
  • TGHN's Gross Margin of 10.81% is on the low side compared to the rest of the industry. TGHN is outperformed by 88.89% 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

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ROAROEROICOperating and Profit MarginShow most profitable peers

8

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.
  • 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.
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.
  • With an excellent Altman-Z score value of 4.27, TGHN belongs to the best of the industry, outperforming 94.44% 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.
  • 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 94.44% of its industry peers.
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

  • A Current Ratio of 1.81 indicates that TGHN should not have too much problems paying its short term obligations.
  • Looking at the Current ratio, with a value of 1.81, TGHN belongs to the top of the industry, outperforming 88.89% of the companies in the same industry.
  • 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.
  • TGHN has a Quick ratio of 1.81. This is amongst the best in the industry. TGHN outperforms 88.89% 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

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WACCDebt/EquityHow to determine the health of a companyAltman-Z scoreShow peers with great health

3

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%.
  • 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

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

  • 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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Find the best growth stocksShow best growing peers

6

4. Valuation

4.1 Price/Earnings Ratio

  • Based on the Price/Earnings ratio of 13.18, the valuation of TGHN can be described as correct.
  • 94.44% 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 (28.23), we can say TGHN is valued rather cheaply.
  • With a Price/Forward Earnings ratio of 14.25, TGHN is valued correctly.
  • 88.89% of the companies in the same industry are more expensive than TGHN, based on the Price/Forward Earnings ratio.
  • When comparing the Price/Forward Earnings ratio of TGHN to the average of the S&P500 Index (28.01), we can say TGHN is valued slightly cheaper.
Industry RankSector Rank
PE 13.18
Fwd PE 14.25
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 83.33% of the companies in the same industry.
  • Based on the Price/Free Cash Flow ratio, TGHN is valued cheaply inside the industry as 83.33% of the companies are valued more expensively.
Industry RankSector Rank
P/FCF 8.24
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%

More info and screens

Price/EarningsPrice/FCFFCF per shareEV/EBITDAPEG RATIOShow best valued peers

7

5. Dividend

5.1 Amount

  • TGHN has a Yearly Dividend Yield of 4.41%, which is a nice return.
  • TGHN's Dividend Yield is a higher than the industry average which is at 2.91.
  • TGHN's Dividend Yield is rather good when compared to the S&P500 average which is at 1.79.
Industry RankSector Rank
Dividend Yield 4.41%

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

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Find the best dividend stocksShow peers with best dividend

LOGWIN AG

FRA:TGHN (2/11/2026, 7:00:00 PM)

288

+2 (+0.7%)

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 Cap829.44M
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 4.41%
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 13.18
Fwd PE 14.25
P/S 0.56
P/FCF 8.24
P/OCF 7.91
P/B 2.28
P/tB 2.91
EV/EBITDA 4.6
EPS(TTM)21.85
EY7.59%
EPS(NY)20.22
Fwd EY7.02%
FCF(TTM)34.96
FCFY12.14%
OCF(TTM)36.41
OCFY12.64%
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%.