TECHNOGYM SPA (TGYM.MI) Stock Fundamental Analysis
Europe - Euronext Milan - BIT:TGYM - IT0005162406 - Common Stock
16.17 EUR
-0.04 (-0.25%)
We assign a fundamental rating of 7 out of 10 to TGYM. TGYM was compared to 14 industry peers in the Leisure Products industry. TGYM scores excellent points on both the profitability and health parts. This is a solid base for a good stock. TGYM has a correct valuation and a medium growth rate. These ratings would make TGYM suitable 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.
In the past 5 years TGYM has always been profitable.
In the past 5 years TGYM always reported a positive cash flow from operatings.
1.2 Ratios
Looking at the Return On Assets, with a value of 12.58%, TGYM belongs to the top of the industry, outperforming 92.86% 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's Return On Invested Capital of 25.97% is amongst the best of the industry. TGYM outperforms 92.86% of its industry peers.
TGYM had an Average Return On Invested Capital over the past 3 years of 14.80%. This is above the industry average of 11.96%.
The last Return On Invested Capital (25.97%) for TGYM is above the 3 year average (14.80%), which is a sign of increasing profitability.
| 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
TGYM has a Profit Margin of 10.11%. This is amongst the best in the industry. TGYM outperforms 85.71% of its industry peers.
TGYM's Profit Margin has declined in the last couple of years.
Looking at the Operating Margin, with a value of 14.48%, TGYM belongs to the top of the industry, outperforming 92.86% of the companies in the same industry.
TGYM's Operating Margin has declined in the last couple of years.
TGYM has a Gross Margin of 45.63%. This is comparable to the rest of the industry: TGYM outperforms 50.00% of its industry peers.
TGYM's Gross Margin has been stable in the last couple of years.
| 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
TGYM has a Return on Invested Capital (ROIC), which is well above the Cost of Capital (WACC), which means it is creating value.
Compared to 1 year ago, TGYM has less shares outstanding
Compared to 5 years ago, TGYM has less shares outstanding
TGYM has a better debt/assets ratio than last year.
2.2 Solvency
TGYM has an Altman-Z score of 6.23. This indicates that TGYM is financially healthy and has little risk of bankruptcy at the moment.
TGYM's Altman-Z score of 6.23 is amongst the best of the industry. TGYM outperforms 100.00% of its industry peers.
TGYM has a debt to FCF ratio of 0.75. This is a very positive value and a sign of high solvency as it would only need 0.75 years to pay back of all of its debts.
The Debt to FCF ratio of TGYM (0.75) is better than 92.86% of its industry peers.
A Debt/Equity ratio of 0.27 indicates that TGYM is not too dependend on debt financing.
With a decent Debt to Equity ratio value of 0.27, TGYM is doing good in the industry, outperforming 64.29% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.27 | ||
| Debt/FCF | 0.75 | ||
| Altman-Z | 6.23 |
ROIC/WACC3.27
WACC7.94%
2.3 Liquidity
A Current Ratio of 1.12 indicates that TGYM should not have too much problems paying its short term obligations.
TGYM has a Current ratio of 1.12. This is in the lower half of the industry: TGYM underperforms 71.43% 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.
TGYM's Quick ratio of 0.79 is in line compared to the rest of the industry. TGYM outperforms 50.00% of its industry peers.
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
The Earnings Per Share has grown by an impressive 25.45% over the past year.
TGYM shows a small growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 1.09% yearly.
Looking at the last year, TGYM shows a quite strong growth in Revenue. The Revenue has grown by 14.08% in the last year.
TGYM shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 6.17% yearly.
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
The Earnings Per Share is expected to grow by 16.25% on average over the next years. This is quite good.
The Revenue is expected to grow by 3.53% on average over the next years.
EPS Next Y24.79%
EPS Next 2Y18.75%
EPS Next 3Y16.25%
EPS Next 5YN/A
Revenue Next Year13.73%
Revenue Next 2Y10.76%
Revenue Next 3Y9.53%
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 33.69, TGYM can be considered very expensive at the moment.
Based on the Price/Earnings ratio, TGYM is valued a bit more expensive than the industry average as 64.29% of the companies are valued more cheaply.
TGYM is valuated rather expensively when we compare the Price/Earnings ratio to 26.54, which is the current average of the S&P500 Index.
The Price/Forward Earnings ratio is 25.99, which means the current valuation is very expensive for TGYM.
Compared to the rest of the industry, the Price/Forward Earnings ratio of TGYM indicates a slightly more expensive valuation: TGYM is more expensive than 71.43% of the companies listed in the same industry.
When comparing the Price/Forward Earnings ratio of TGYM to the average of the S&P500 Index (23.78), we can say TGYM is valued inline with the index average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 33.69 | ||
| Fwd PE | 25.99 |
4.2 Price Multiples
TGYM's Enterprise Value to EBITDA ratio is a bit more expensive when compared to the industry. TGYM is more expensive than 71.43% of the companies in the same industry.
TGYM's Price/Free Cash Flow ratio is rather cheap when compared to the industry. TGYM is cheaper than 85.71% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 29.84 | ||
| EV/EBITDA | 16.38 |
4.3 Compensation for Growth
The PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
TGYM has an outstanding profitability rating, which may justify a higher PE ratio.
A more expensive valuation may be justified as TGYM's earnings are expected to grow with 16.25% in the coming years.
PEG (NY)1.36
PEG (5Y)30.85
EPS Next 2Y18.75%
EPS Next 3Y16.25%
5. Dividend
5.1 Amount
TGYM has a Yearly Dividend Yield of 1.85%. Purely for dividend investing, there may be better candidates out there.
Compared to an average industry Dividend Yield of 2.79, TGYM has a dividend in line with its industry peers.
Compared to an average S&P500 Dividend Yield of 1.96, TGYM has a dividend comparable with the average S&P500 company.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.85% |
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.
TGYM's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP163.15%
EPS Next 2Y18.75%
EPS Next 3Y16.25%
BIT:TGYM (12/12/2025, 7:00:00 PM)
16.17
-0.04 (-0.25%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupConsumer Durables & Apparel
GICS IndustryLeisure Products
Earnings (Last)
Earnings (Next)
Inst Owners30.56%
Inst Owner ChangeN/A
Ins Owners39.39%
Ins Owner ChangeN/A
Market Cap3.26B
Revenue(TTM)956.70M
Net Income(TTM)96.72M
Analysts75
Price Target16.23 (0.37%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.85% |
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)8.67%
PT rev (3m)16.04%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)0.02%
EPS NY rev (3m)2.17%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0.19%
Revenue NY rev (3m)1.18%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 33.69 | ||
| Fwd PE | 25.99 | ||
| P/S | 3.4 | ||
| P/FCF | 29.84 | ||
| P/OCF | 20.34 | ||
| P/B | 12.58 | ||
| P/tB | 15.61 | ||
| EV/EBITDA | 16.38 |
EPS(TTM)0.48
EY2.97%
EPS(NY)0.62
Fwd EY3.85%
FCF(TTM)0.54
FCFY3.35%
OCF(TTM)0.8
OCFY4.92%
SpS4.75
BVpS1.29
TBVpS1.04
PEG (NY)1.36
PEG (5Y)30.85
Graham Number3.73
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%
ROICexgc growth 3Y8.53%
ROICexgc 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 | 6.23 |
F-Score7
WACC7.94%
ROIC/WACC3.27
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 Y24.79%
EPS Next 2Y18.75%
EPS Next 3Y16.25%
EPS Next 5YN/A
Revenue 1Y (TTM)14.08%
Revenue growth 3Y13.82%
Revenue growth 5Y6.17%
Sales Q2Q%14.37%
Revenue Next Year13.73%
Revenue Next 2Y10.76%
Revenue Next 3Y9.53%
Revenue Next 5Y3.53%
EBIT growth 1Y30.36%
EBIT growth 3Y23.18%
EBIT growth 5Y2.28%
EBIT Next Year78.65%
EBIT Next 3Y29.69%
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%
TECHNOGYM SPA / TGYM.MI FAQ
Can you provide the ChartMill fundamental rating for TECHNOGYM SPA?
ChartMill assigns a fundamental rating of 7 / 10 to TGYM.MI.
Can you provide the valuation status for TECHNOGYM SPA?
ChartMill assigns a valuation rating of 4 / 10 to TECHNOGYM SPA (TGYM.MI). This can be considered as Fairly Valued.
How profitable is TECHNOGYM SPA (TGYM.MI) stock?
TECHNOGYM SPA (TGYM.MI) has a profitability rating of 8 / 10.
What is the valuation of TECHNOGYM SPA based on its PE and PB ratios?
The Price/Earnings (PE) ratio for TECHNOGYM SPA (TGYM.MI) is 33.69 and the Price/Book (PB) ratio is 12.58.
What is the expected EPS growth for TECHNOGYM SPA (TGYM.MI) stock?
The Earnings per Share (EPS) of TECHNOGYM SPA (TGYM.MI) is expected to grow by 24.79% in the next year.