TECHNOGYM SPA (TGYM.MI) Stock Fundamental Analysis
Europe - BIT:TGYM - IT0005162406 - Common Stock
14.93 EUR
+0.02 (+0.13%)
We assign a fundamental rating of 6 out of 10 to TGYM. TGYM was compared to 16 industry peers in the Leisure Products industry. TGYM has outstanding health and profitabily ratings, belonging to the best of the industry. This is a solid base for any company. While showing a medium growth rate, TGYM is valued expensive at the moment. This makes TGYM very considerable for quality investing!
1. Profitability
1.1 Basic Checks
TGYM had positive earnings in the past year.
TGYM had a positive operating cash flow in the past year.
Each year in the past 5 years TGYM has been profitable.
TGYM had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
Looking at the Return On Assets, with a value of 12.58%, TGYM belongs to the top of the industry, outperforming 93.75% of the companies in the same industry.
The Return On Equity of TGYM (37.37%) is better than 100.00% of its industry peers.
TGYM has a Return On Invested Capital of 25.97%. This is amongst the best in the industry. TGYM outperforms 93.75% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for TGYM is above the industry average of 12.31%.
The 3 year average ROIC (14.80%) for TGYM is below the current ROIC(25.97%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 12.58% | ||
| ROE | 37.37% | ||
| ROIC | 25.97% |
ROA(3y)8.9%
ROA(5y)8.05%
ROE(3y)20.74%
ROE(5y)19.01%
ROIC(3y)14.8%
ROIC(5y)13%
1.3 Margins
The Profit Margin of TGYM (10.11%) is better than 93.75% of its industry peers.
In the last couple of years the Profit Margin of TGYM has declined.
With an excellent Operating Margin value of 14.48%, TGYM belongs to the best of the industry, outperforming 93.75% of the companies in the same industry.
In the last couple of years the Operating Margin of TGYM has declined.
The Gross Margin of TGYM (45.63%) is comparable to the rest of the industry.
In the last couple of years the Gross Margin of TGYM has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 14.48% | ||
| PM (TTM) | 10.11% | ||
| GM | 45.63% |
OM growth 3Y8.23%
OM growth 5Y-3.66%
PM growth 3Y-2.18%
PM growth 5Y-4.96%
GM growth 3Y0.82%
GM growth 5Y-0.66%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) well above the Cost of Capital (WACC), TGYM is creating value.
TGYM has less shares outstanding than it did 1 year ago.
The number of shares outstanding for TGYM has been reduced compared to 5 years ago.
Compared to 1 year ago, TGYM has an improved debt to assets ratio.
2.2 Solvency
An Altman-Z score of 5.92 indicates that TGYM is not in any danger for bankruptcy at the moment.
TGYM's Altman-Z score of 5.92 is amongst the best of the industry. TGYM outperforms 100.00% of its industry peers.
The Debt to FCF ratio of TGYM is 0.75, which is an excellent value as it means it would take TGYM, only 0.75 years of fcf income to pay off all of its debts.
The Debt to FCF ratio of TGYM (0.75) is better than 93.75% of its industry peers.
TGYM has a Debt/Equity ratio of 0.27. This is a healthy value indicating a solid balance between debt and equity.
TGYM has a better Debt to Equity ratio (0.27) than 62.50% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.27 | ||
| Debt/FCF | 0.75 | ||
| Altman-Z | 5.92 |
ROIC/WACC3.25
WACC7.99%
2.3 Liquidity
TGYM has a Current Ratio of 1.12. This is a normal value and indicates that TGYM is financially healthy and should not expect problems in meeting its short term obligations.
TGYM has a worse Current ratio (1.12) than 68.75% of its industry peers.
TGYM has a Quick Ratio of 1.12. This is a bad value and indicates that TGYM is not financially healthy enough and could expect problems in meeting its short term obligations.
The Quick ratio of TGYM (0.79) is comparable to the rest of the industry.
The current and quick ratio evaluation for TGYM is rather negative, while it does have excellent solvency and profitability. These ratios do not necessarly indicate liquidity issues and need to be evaluated against the specifics of the business.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.12 | ||
| Quick Ratio | 0.79 |
3. Growth
3.1 Past
TGYM shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 25.45%, which is quite impressive.
The Earnings Per Share has been growing slightly by 1.09% on average over the past years.
TGYM shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 14.08%.
The Revenue has been growing slightly by 6.17% on average over the past years.
EPS 1Y (TTM)25.45%
EPS 3Y11.74%
EPS 5Y1.09%
EPS Q2Q%31.25%
Revenue 1Y (TTM)14.08%
Revenue growth 3Y13.82%
Revenue growth 5Y6.17%
Sales Q2Q%14.37%
3.2 Future
Based on estimates for the next years, TGYM will show a quite strong growth in Earnings Per Share. The EPS will grow by 15.32% on average per year.
TGYM is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 3.53% yearly.
EPS Next Y22.14%
EPS Next 2Y17.51%
EPS Next 3Y15.32%
EPS Next 5YN/A
Revenue Next Year12.4%
Revenue Next 2Y9.91%
Revenue Next 3Y8.82%
Revenue Next 5Y3.53%
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
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.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 31.10, TGYM can be considered very expensive at the moment.
Based on the Price/Earnings ratio, TGYM is valued a bit more expensive than 75.00% of the companies in the same industry.
TGYM's Price/Earnings ratio indicates a similar valuation than the S&P500 average which is at 27.30.
The Price/Forward Earnings ratio is 24.51, which indicates a rather expensive current valuation of TGYM.
The rest of the industry has a similar Price/Forward Earnings ratio as TGYM.
TGYM is valuated at similar levels of the S&P average when we compare the Price/Forward Earnings ratio to 22.73, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 31.1 | ||
| Fwd PE | 24.51 |
4.2 Price Multiples
75.00% of the companies in the same industry are cheaper than TGYM, based on the Enterprise Value to EBITDA ratio.
75.00% of the companies in the same industry are more expensive than TGYM, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 27.55 | ||
| EV/EBITDA | 15.01 |
4.3 Compensation for Growth
The PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
The excellent profitability rating of TGYM may justify a higher PE ratio.
TGYM's earnings are expected to grow with 15.32% in the coming years. This may justify a more expensive valuation.
PEG (NY)1.41
PEG (5Y)28.48
EPS Next 2Y17.51%
EPS Next 3Y15.32%
5. Dividend
5.1 Amount
TGYM has a Yearly Dividend Yield of 2.03%. Purely for dividend investing, there may be better candidates out there.
TGYM's Dividend Yield is comparable with the industry average which is at 3.57.
TGYM's Dividend Yield is comparable with the S&P500 average which is at 2.38.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.03% |
5.2 History
On average, the dividend of TGYM grows each year by 8.92%, which is quite nice.
Dividend Growth(5Y)8.92%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
163.15% of the earnings are spent on dividend by TGYM. This is not a sustainable payout ratio.
The dividend of TGYM is growing, but earnings are growing more, so the dividend growth is sustainable.
DP163.15%
EPS Next 2Y17.51%
EPS Next 3Y15.32%
BIT:TGYM (9/15/2025, 5:35:30 PM)
14.93
+0.02 (+0.13%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupConsumer Durables & Apparel
GICS IndustryLeisure Products
Earnings (Last)
Earnings (Next)
Inst Owners33.38%
Inst Owner ChangeN/A
Ins Owners39.39%
Ins Owner ChangeN/A
Market Cap3.01B
Analysts75.29
Price Target14.13 (-5.36%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.03% |
Yearly Dividend0.28
Dividend Growth(5Y)8.92%
DP163.15%
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)2.14%
PT rev (3m)7.96%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)2.38%
EPS NY rev (3m)2.38%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)1.09%
Revenue NY rev (3m)1.4%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 31.1 | ||
| Fwd PE | 24.51 | ||
| P/S | 3.14 | ||
| P/FCF | 27.55 | ||
| P/OCF | 18.78 | ||
| P/B | 11.61 | ||
| P/tB | 14.42 | ||
| EV/EBITDA | 15.01 |
EPS(TTM)0.48
EY3.22%
EPS(NY)0.61
Fwd EY4.08%
FCF(TTM)0.54
FCFY3.63%
OCF(TTM)0.8
OCFY5.33%
SpS4.75
BVpS1.29
TBVpS1.04
PEG (NY)1.41
PEG (5Y)28.48
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 12.58% | ||
| ROE | 37.37% | ||
| ROCE | 37.71% | ||
| ROIC | 25.97% | ||
| ROICexc | 44.57% | ||
| ROICexgc | 56.9% | ||
| OM | 14.48% | ||
| PM (TTM) | 10.11% | ||
| GM | 45.63% | ||
| FCFM | 11.4% |
ROA(3y)8.9%
ROA(5y)8.05%
ROE(3y)20.74%
ROE(5y)19.01%
ROIC(3y)14.8%
ROIC(5y)13%
ROICexc(3y)27.88%
ROICexc(5y)24.85%
ROICexgc(3y)34.83%
ROICexgc(5y)31.37%
ROCE(3y)20.71%
ROCE(5y)18.14%
ROICexcg growth 3Y8.53%
ROICexcg growth 5Y4.22%
ROICexc growth 3Y11.22%
ROICexc growth 5Y3.2%
OM growth 3Y8.23%
OM growth 5Y-3.66%
PM growth 3Y-2.18%
PM growth 5Y-4.96%
GM growth 3Y0.82%
GM growth 5Y-0.66%
F-Score7
Asset Turnover1.24
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.27 | ||
| Debt/FCF | 0.75 | ||
| Debt/EBITDA | 0.37 | ||
| Cap/Depr | 95.72% | ||
| Cap/Sales | 5.33% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 83.47% | ||
| Profit Quality | 112.79% | ||
| Current Ratio | 1.12 | ||
| Quick Ratio | 0.79 | ||
| Altman-Z | 5.92 |
F-Score7
WACC7.99%
ROIC/WACC3.25
Cap/Depr(3y)82.01%
Cap/Depr(5y)78.3%
Cap/Sales(3y)4.66%
Cap/Sales(5y)4.66%
Profit Quality(3y)116.09%
Profit Quality(5y)133.76%
High Growth Momentum
Growth
EPS 1Y (TTM)25.45%
EPS 3Y11.74%
EPS 5Y1.09%
EPS Q2Q%31.25%
EPS Next Y22.14%
EPS Next 2Y17.51%
EPS Next 3Y15.32%
EPS Next 5YN/A
Revenue 1Y (TTM)14.08%
Revenue growth 3Y13.82%
Revenue growth 5Y6.17%
Sales Q2Q%14.37%
Revenue Next Year12.4%
Revenue Next 2Y9.91%
Revenue Next 3Y8.82%
Revenue Next 5Y3.53%
EBIT growth 1Y30.36%
EBIT growth 3Y23.18%
EBIT growth 5Y2.28%
EBIT Next Year70.97%
EBIT Next 3Y26.64%
EBIT Next 5Y17.08%
FCF growth 1Y20.87%
FCF growth 3Y20.23%
FCF growth 5Y3.12%
OCF growth 1Y25.65%
OCF growth 3Y18.58%
OCF growth 5Y2.74%