TECHNOGYM SPA (TGYM.MI) Stock Fundamental Analysis
BIT:TGYM - Euronext Milan - IT0005162406 - Common Stock - Currency: EUR
TGYM gets a fundamental rating of 6 out of 10. The analysis compared the fundamentals against 14 industry peers in the Leisure Products industry. Both the health and profitability get an excellent rating, making TGYM a very profitable company, without any liquidiy or solvency issues. TGYM is quite expensive at the moment. It does show a decent growth rate. 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.
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 9.63%, TGYM is in the better half of the industry, outperforming 76.92% of the companies in the same industry.
TGYM has a Return On Equity of 22.97%. This is in the better half of the industry: TGYM outperforms 76.92% of its industry peers.
The Return On Invested Capital of TGYM (16.60%) is better than 84.62% of its industry peers.
TGYM had an Average Return On Invested Capital over the past 3 years of 14.80%. This is significantly above the industry average of 7.57%.
The 3 year average ROIC (14.80%) for TGYM is below the current ROIC(16.60%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 9.63% | ||
| ROE | 22.97% | ||
| ROIC | 16.6% |
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
With a decent Profit Margin value of 9.68%, TGYM is doing good in the industry, outperforming 76.92% of the companies in the same industry.
TGYM's Profit Margin has declined in the last couple of years.
TGYM has a Operating Margin of 13.58%. This is amongst the best in the industry. TGYM outperforms 84.62% of its industry peers.
TGYM's Operating Margin has declined in the last couple of years.
With a Gross Margin value of 44.74%, TGYM perfoms like the industry average, outperforming 46.15% of the companies in the same industry.
TGYM's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 13.58% | ||
| PM (TTM) | 9.68% | ||
| GM | 44.74% |
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
The debt/assets ratio for TGYM has been reduced compared to a year ago.
2.2 Solvency
An Altman-Z score of 5.03 indicates that TGYM is not in any danger for bankruptcy at the moment.
The Altman-Z score of TGYM (5.03) is better than 100.00% of its industry peers.
TGYM has a debt to FCF ratio of 0.97. This is a very positive value and a sign of high solvency as it would only need 0.97 years to pay back of all of its debts.
TGYM has a Debt to FCF ratio of 0.97. This is amongst the best in the industry. TGYM outperforms 92.31% of its industry peers.
A Debt/Equity ratio of 0.26 indicates that TGYM is not too dependend on debt financing.
TGYM has a Debt to Equity ratio (0.26) which is in line with its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.26 | ||
| Debt/FCF | 0.97 | ||
| Altman-Z | 5.03 |
ROIC/WACC2.05
WACC8.08%
2.3 Liquidity
TGYM has a Current Ratio of 1.46. 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 Current ratio of 1.46. This is comparable to the rest of the industry: TGYM outperforms 53.85% of its industry peers.
TGYM has a Quick Ratio of 1.17. This is a normal value and indicates that TGYM is financially healthy and should not expect problems in meeting its short term obligations.
With a decent Quick ratio value of 1.17, TGYM is doing good in the industry, outperforming 69.23% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.46 | ||
| Quick Ratio | 1.17 |
3. Growth
3.1 Past
TGYM shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 18.20%, which is quite good.
The Earnings Per Share has been growing slightly by 1.09% on average over the past years.
The Revenue has grown by 11.50% in the past year. This is quite good.
The Revenue has been growing slightly by 6.17% on average over the past years.
EPS 1Y (TTM)18.2%
EPS 3Y11.74%
EPS 5Y1.09%
EPS Q2Q%21.35%
Revenue 1Y (TTM)11.5%
Revenue growth 3Y13.82%
Revenue growth 5Y6.17%
Sales Q2Q%13.82%
3.2 Future
The Earnings Per Share is expected to grow by 13.58% on average over the next years. This is quite good.
TGYM is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 3.53% yearly.
EPS Next Y19.29%
EPS Next 2Y15.34%
EPS Next 3Y13.58%
EPS Next 5YN/A
Revenue Next Year10.85%
Revenue Next 2Y9.15%
Revenue Next 3Y8.23%
Revenue Next 5Y3.53%
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 accelerating.
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
TGYM is valuated quite expensively with a Price/Earnings ratio of 27.58.
TGYM's Price/Earnings ratio is a bit more expensive when compared to the industry. TGYM is more expensive than 69.23% of the companies in the same industry.
TGYM is valuated at similar levels of the S&P average when we compare the Price/Earnings ratio to 27.28, which is the current average of the S&P500 Index.
TGYM is valuated rather expensively with a Price/Forward Earnings ratio of 22.53.
61.54% of the companies in the same industry are cheaper than TGYM, based on the Price/Forward Earnings ratio.
TGYM is valuated at similar levels of the S&P average when we compare the Price/Forward Earnings ratio to 21.76, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 27.58 | ||
| Fwd PE | 22.53 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, TGYM is valued a bit more expensive than the industry average as 69.23% of the companies are valued more cheaply.
TGYM's Price/Free Cash Flow ratio is a bit cheaper when compared to the industry. TGYM is cheaper than 76.92% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 20.97 | ||
| EV/EBITDA | 12.85 |
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 a very decent profitability rating, which may justify a higher PE ratio.
TGYM's earnings are expected to grow with 13.58% in the coming years. This may justify a more expensive valuation.
PEG (NY)1.43
PEG (5Y)25.26
EPS Next 2Y15.34%
EPS Next 3Y13.58%
5. Dividend
5.1 Amount
TGYM has a Yearly Dividend Yield of 2.45%. Purely for dividend investing, there may be better candidates out there.
Compared to an average industry Dividend Yield of 6.06, TGYM is paying slightly less dividend.
Compared to an average S&P500 Dividend Yield of 2.42, TGYM has a dividend comparable with the average S&P500 company.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.45% |
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
TGYM pays out 63.37% of its income as dividend. This is not a sustainable payout ratio.
The dividend of TGYM is growing, but earnings are growing more, so the dividend growth is sustainable.
DP63.37%
EPS Next 2Y15.34%
EPS Next 3Y13.58%
BIT:TGYM (7/2/2025, 7:00:00 PM)
11.86
-0.16 (-1.33%)
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 Cap2.39B
Analysts74.44
Price Target13.09 (10.37%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.45% |
Yearly Dividend0.28
Dividend Growth(5Y)8.92%
DP63.37%
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)2.41%
PT rev (3m)13.4%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)0%
EPS NY rev (3m)3.04%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)2.05%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 27.58 | ||
| Fwd PE | 22.53 | ||
| P/S | 2.66 | ||
| P/FCF | 20.97 | ||
| P/OCF | 15.36 | ||
| P/B | 6.3 | ||
| P/tB | 7.32 | ||
| EV/EBITDA | 12.85 |
EPS(TTM)0.43
EY3.63%
EPS(NY)0.53
Fwd EY4.44%
FCF(TTM)0.57
FCFY4.77%
OCF(TTM)0.77
OCFY6.51%
SpS4.47
BVpS1.88
TBVpS1.62
PEG (NY)1.43
PEG (5Y)25.26
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 9.63% | ||
| ROE | 22.97% | ||
| ROCE | 23.23% | ||
| ROIC | 16.6% | ||
| ROICexc | 32.74% | ||
| ROICexgc | 40.43% | ||
| OM | 13.58% | ||
| PM (TTM) | 9.68% | ||
| GM | 44.74% | ||
| FCFM | 12.66% |
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-Score8
Asset Turnover0.99
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.26 | ||
| Debt/FCF | 0.97 | ||
| Debt/EBITDA | 0.58 | ||
| Cap/Depr | 80.3% | ||
| Cap/Sales | 4.62% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 89.41% | ||
| Profit Quality | 130.8% | ||
| Current Ratio | 1.46 | ||
| Quick Ratio | 1.17 | ||
| Altman-Z | 5.03 |
F-Score8
WACC8.08%
ROIC/WACC2.05
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)18.2%
EPS 3Y11.74%
EPS 5Y1.09%
EPS Q2Q%21.35%
EPS Next Y19.29%
EPS Next 2Y15.34%
EPS Next 3Y13.58%
EPS Next 5YN/A
Revenue 1Y (TTM)11.5%
Revenue growth 3Y13.82%
Revenue growth 5Y6.17%
Sales Q2Q%13.82%
Revenue Next Year10.85%
Revenue Next 2Y9.15%
Revenue Next 3Y8.23%
Revenue Next 5Y3.53%
EBIT growth 1Y20.46%
EBIT growth 3Y23.18%
EBIT growth 5Y2.28%
EBIT Next Year70.97%
EBIT Next 3Y26.64%
EBIT Next 5Y17.08%
FCF growth 1Y61.17%
FCF growth 3Y20.23%
FCF growth 5Y3.12%
OCF growth 1Y45.48%
OCF growth 3Y18.58%
OCF growth 5Y2.74%