TENNANT CO (TNC) Fundamental Analysis & Valuation

NYSE:TNC • US8803451033

Current stock price

77.5 USD
+0.52 (+0.68%)
At close:
77.5 USD
0 (0%)
After Hours:

This TNC fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.

5

1. TNC Profitability Analysis

1.1 Basic Checks

  • In the past year TNC was profitable.
  • In the past year TNC had a positive cash flow from operations.
  • Each year in the past 5 years TNC has been profitable.
  • Of the past 5 years TNC 4 years had a positive operating cash flow.
TNC Yearly Net Income VS EBIT VS OCF VS FCFTNC 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 2025 0 50M -50M 100M 150M

1.2 Ratios

  • With a Return On Assets value of 3.45%, TNC perfoms like the industry average, outperforming 48.09% of the companies in the same industry.
  • Looking at the Return On Equity, with a value of 7.28%, TNC is in line with its industry, outperforming 51.15% of the companies in the same industry.
  • Looking at the Return On Invested Capital, with a value of 6.28%, TNC is in line with its industry, outperforming 48.85% of the companies in the same industry.
  • Measured over the past 3 years, the Average Return On Invested Capital for TNC is in line with the industry average of 10.02%.
Industry RankSector Rank
ROA 3.45%
ROE 7.28%
ROIC 6.28%
ROA(3y)6.77%
ROA(5y)6.51%
ROE(3y)13.25%
ROE(5y)13.76%
ROIC(3y)9.9%
ROIC(5y)9.37%
TNC Yearly ROA, ROE, ROICTNC Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 5 10 15

1.3 Margins

  • TNC has a Profit Margin of 3.64%. This is comparable to the rest of the industry: TNC outperforms 45.80% of its industry peers.
  • TNC's Profit Margin has improved in the last couple of years.
  • The Operating Margin of TNC (6.55%) is comparable to the rest of the industry.
  • TNC's Operating Margin has declined in the last couple of years.
  • The Gross Margin of TNC (40.24%) is better than 74.05% of its industry peers.
  • In the last couple of years the Gross Margin of TNC has remained more or less at the same level.
Industry RankSector Rank
OM 6.55%
PM (TTM) 3.64%
GM 40.24%
OM growth 3Y-8.19%
OM growth 5Y-2.02%
PM growth 3Y-15.68%
PM growth 5Y1.57%
GM growth 3Y1.43%
GM growth 5Y-0.27%
TNC Yearly Profit, Operating, Gross MarginsTNC Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 10 20 30 40

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5

2. TNC Health Analysis

2.1 Basic Checks

  • TNC has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
  • TNC has less shares outstanding than it did 1 year ago.
  • TNC has less shares outstanding than it did 5 years ago.
  • TNC has a worse debt/assets ratio than last year.
TNC Yearly Shares OutstandingTNC Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 5M 10M 15M
TNC Yearly Total Debt VS Total AssetsTNC Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 200M 400M 600M 800M 1B

2.2 Solvency

  • An Altman-Z score of 3.37 indicates that TNC is not in any danger for bankruptcy at the moment.
  • TNC has a Altman-Z score (3.37) which is in line with its industry peers.
  • The Debt to FCF ratio of TNC is 6.32, which is on the high side as it means it would take TNC, 6.32 years of fcf income to pay off all of its debts.
  • Looking at the Debt to FCF ratio, with a value of 6.32, TNC is in line with its industry, outperforming 48.09% of the companies in the same industry.
  • A Debt/Equity ratio of 0.45 indicates that TNC is not too dependend on debt financing.
  • The Debt to Equity ratio of TNC (0.45) is comparable to the rest of the industry.
Industry RankSector Rank
Debt/Equity 0.45
Debt/FCF 6.32
Altman-Z 3.37
ROIC/WACC0.63
WACC10%
TNC Yearly LT Debt VS Equity VS FCFTNC Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 200M 400M 600M

2.3 Liquidity

  • TNC has a Current Ratio of 2.05. This indicates that TNC is financially healthy and has no problem in meeting its short term obligations.
  • Looking at the Current ratio, with a value of 2.05, TNC is in line with its industry, outperforming 48.09% of the companies in the same industry.
  • A Quick Ratio of 1.37 indicates that TNC should not have too much problems paying its short term obligations.
  • Looking at the Quick ratio, with a value of 1.37, TNC is in line with its industry, outperforming 57.25% of the companies in the same industry.
Industry RankSector Rank
Current Ratio 2.05
Quick Ratio 1.37
TNC Yearly Current Assets VS Current LiabilitesTNC Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 100M 200M 300M 400M 500M

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

4

3. TNC Growth Analysis

3.1 Past

  • TNC shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -16.64%.
  • The Earnings Per Share has been growing by 13.41% on average over the past years. This is quite good.
  • The Revenue has decreased by -6.47% in the past year.
  • Measured over the past years, TNC shows a small growth in Revenue. The Revenue has been growing by 3.75% on average per year.
EPS 1Y (TTM)-16.64%
EPS 3Y10.02%
EPS 5Y13.41%
EPS Q2Q%-8.55%
Revenue 1Y (TTM)-6.47%
Revenue growth 3Y3.29%
Revenue growth 5Y3.75%
Sales Q2Q%-11.34%

3.2 Future

  • Based on estimates for the next years, TNC will show a quite strong growth in Earnings Per Share. The EPS will grow by 8.25% on average per year.
  • The Revenue is expected to grow by 5.32% on average over the next years.
EPS Next Y8.12%
EPS Next 2Y8.25%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year2.33%
Revenue Next 2Y3.63%
Revenue Next 3Y6.88%
Revenue Next 5Y5.32%

3.3 Evolution

  • The EPS growth rate is decreasing: in the next years the growth will be less 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 accelerating.
TNC Yearly Revenue VS EstimatesTNC Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 500M 1B 1.5B
TNC Yearly EPS VS EstimatesTNC Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2 4 6

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5

4. TNC Valuation Analysis

4.1 Price/Earnings Ratio

  • TNC is valuated correctly with a Price/Earnings ratio of 14.19.
  • 91.60% of the companies in the same industry are more expensive than TNC, based on the Price/Earnings ratio.
  • The average S&P500 Price/Earnings ratio is at 26.78. TNC is valued slightly cheaper when compared to this.
  • TNC is valuated correctly with a Price/Forward Earnings ratio of 13.13.
  • 92.37% of the companies in the same industry are more expensive than TNC, based on the Price/Forward Earnings ratio.
  • TNC is valuated rather cheaply when we compare the Price/Forward Earnings ratio to 23.54, which is the current average of the S&P500 Index.
Industry RankSector Rank
PE 14.19
Fwd PE 13.13
TNC Price Earnings VS Forward Price EarningsTNC Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 5 10 15 20 25

4.2 Price Multiples

  • TNC's Enterprise Value to EBITDA ratio is a bit cheaper when compared to the industry. TNC is cheaper than 76.34% of the companies in the same industry.
  • TNC's Price/Free Cash Flow ratio is in line with the industry average.
Industry RankSector Rank
P/FCF 31.95
EV/EBITDA 11.21
TNC Per share dataTNC EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 20 40 60

4.3 Compensation for Growth

  • TNC's PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
PEG (NY)1.75
PEG (5Y)1.06
EPS Next 2Y8.25%
EPS Next 3YN/A

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

7

5. TNC Dividend Analysis

5.1 Amount

  • TNC has a Yearly Dividend Yield of 1.61%. Purely for dividend investing, there may be better candidates out there.
  • Compared to an average industry Dividend Yield of 1.21, TNC pays a better dividend. On top of this TNC pays more dividend than 84.73% of the companies listed in the same industry.
  • TNC's Dividend Yield is comparable with the S&P500 average which is at 1.89.
Industry RankSector Rank
Dividend Yield 1.61%

5.2 History

  • The dividend of TNC is nicely growing with an annual growth rate of 6.27%!
  • TNC has been paying a dividend for at least 10 years, so it has a reliable track record.
  • TNC has not decreased their dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)6.27%
Div Incr Years34
Div Non Decr Years34
TNC Yearly Dividends per shareTNC Yearly Dividends per shareYearly Dividends per share 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 0.2 0.4 0.6 0.8 1

5.3 Sustainability

  • 50.00% of the earnings are spent on dividend by TNC. This is a bit on the high side, but may be sustainable.
  • The dividend of TNC is growing, but earnings are growing more, so the dividend growth is sustainable.
DP50%
EPS Next 2Y8.25%
EPS Next 3YN/A
TNC Yearly Income VS Free CF VS DividendTNC Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 50M -50M 100M 150M
TNC Dividend Payout.TNC Dividend Payout, showing the Payout Ratio.TNC Dividend Payout.PayoutRetained Earnings

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TNC Fundamentals: All Metrics, Ratios and Statistics

TENNANT CO

NYSE:TNC (4/10/2026, 8:04:00 PM)

After market: 77.5 0 (0%)

77.5

+0.52 (+0.68%)

Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryMachinery
Earnings (Last)02-23
Earnings (Next)04-30
Inst Owners97.74%
Inst Owner Change0%
Ins Owners1.92%
Ins Owner Change14.16%
Market Cap1.40B
Revenue(TTM)1.20B
Net Income(TTM)43.80M
Analysts80
Price Target85.43 (10.23%)
Short Float %3.88%
Short Ratio2.63
Dividend
Industry RankSector Rank
Dividend Yield 1.61%
Yearly Dividend1.2
Dividend Growth(5Y)6.27%
DP50%
Div Incr Years34
Div Non Decr Years34
Ex-Date02-27
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-11.36%
Min EPS beat(2)-18.89%
Max EPS beat(2)-3.84%
EPS beat(4)0
Avg EPS beat(4)-11.79%
Min EPS beat(4)-18.89%
Max EPS beat(4)-3.84%
EPS beat(8)3
Avg EPS beat(8)-1.19%
EPS beat(12)7
Avg EPS beat(12)15.7%
EPS beat(16)9
Avg EPS beat(16)11.53%
Revenue beat(2)0
Avg Revenue beat(2)-6.34%
Min Revenue beat(2)-9.76%
Max Revenue beat(2)-2.92%
Revenue beat(4)0
Avg Revenue beat(4)-4.05%
Min Revenue beat(4)-9.76%
Max Revenue beat(4)-0.3%
Revenue beat(8)2
Avg Revenue beat(8)-2.27%
Revenue beat(12)5
Avg Revenue beat(12)0.27%
Revenue beat(16)6
Avg Revenue beat(16)-0.95%
PT rev (1m)-23.86%
PT rev (3m)-23.86%
EPS NQ rev (1m)-64.43%
EPS NQ rev (3m)-70.53%
EPS NY rev (1m)0%
EPS NY rev (3m)-12.32%
Revenue NQ rev (1m)0.41%
Revenue NQ rev (3m)-5.71%
Revenue NY rev (1m)0.32%
Revenue NY rev (3m)-3.12%
Valuation
Industry RankSector Rank
PE 14.19
Fwd PE 13.13
P/S 1.15
P/FCF 31.95
P/OCF 21.28
P/B 2.3
P/tB 4.06
EV/EBITDA 11.21
EPS(TTM)5.46
EY7.05%
EPS(NY)5.9
Fwd EY7.62%
FCF(TTM)2.43
FCFY3.13%
OCF(TTM)3.64
OCFY4.7%
SpS67.42
BVpS33.7
TBVpS19.07
PEG (NY)1.75
PEG (5Y)1.06
Graham Number64.35
Profitability
Industry RankSector Rank
ROA 3.45%
ROE 7.28%
ROCE 8.08%
ROIC 6.28%
ROICexc 7.05%
ROICexgc 10.07%
OM 6.55%
PM (TTM) 3.64%
GM 40.24%
FCFM 3.6%
ROA(3y)6.77%
ROA(5y)6.51%
ROE(3y)13.25%
ROE(5y)13.76%
ROIC(3y)9.9%
ROIC(5y)9.37%
ROICexc(3y)11.29%
ROICexc(5y)10.72%
ROICexgc(3y)16.71%
ROICexgc(5y)16.65%
ROCE(3y)12.73%
ROCE(5y)12.05%
ROICexgc growth 3Y-11.9%
ROICexgc growth 5Y-8.78%
ROICexc growth 3Y-9.88%
ROICexc growth 5Y-2.99%
OM growth 3Y-8.19%
OM growth 5Y-2.02%
PM growth 3Y-15.68%
PM growth 5Y1.57%
GM growth 3Y1.43%
GM growth 5Y-0.27%
F-Score5
Asset Turnover0.95
Health
Industry RankSector Rank
Debt/Equity 0.45
Debt/FCF 6.32
Debt/EBITDA 1.99
Cap/Depr 36.97%
Cap/Sales 1.8%
Interest Coverage 6.41
Cash Conversion 47.27%
Profit Quality 98.86%
Current Ratio 2.05
Quick Ratio 1.37
Altman-Z 3.37
F-Score5
WACC10%
ROIC/WACC0.63
Cap/Depr(3y)39.84%
Cap/Depr(5y)41.52%
Cap/Sales(3y)1.75%
Cap/Sales(5y)1.87%
Profit Quality(3y)110.76%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-16.64%
EPS 3Y10.02%
EPS 5Y13.41%
EPS Q2Q%-8.55%
EPS Next Y8.12%
EPS Next 2Y8.25%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)-6.47%
Revenue growth 3Y3.29%
Revenue growth 5Y3.75%
Sales Q2Q%-11.34%
Revenue Next Year2.33%
Revenue Next 2Y3.63%
Revenue Next 3Y6.88%
Revenue Next 5Y5.32%
EBIT growth 1Y-35.73%
EBIT growth 3Y-5.17%
EBIT growth 5Y1.66%
EBIT Next Year74.68%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y-37.06%
FCF growth 3YN/A
FCF growth 5Y-16.04%
OCF growth 1Y-27.54%
OCF growth 3YN/A
OCF growth 5Y-13.45%

TENNANT CO / TNC Fundamental Analysis FAQ

What is the ChartMill fundamental rating of TENNANT CO (TNC) stock?

ChartMill assigns a fundamental rating of 5 / 10 to TNC.


Can you provide the valuation status for TENNANT CO?

ChartMill assigns a valuation rating of 5 / 10 to TENNANT CO (TNC). This can be considered as Fairly Valued.


Can you provide the profitability details for TENNANT CO?

TENNANT CO (TNC) has a profitability rating of 5 / 10.


Can you provide the PE and PB ratios for TNC stock?

The Price/Earnings (PE) ratio for TENNANT CO (TNC) is 14.19 and the Price/Book (PB) ratio is 2.3.


What is the earnings growth outlook for TENNANT CO?

The Earnings per Share (EPS) of TENNANT CO (TNC) is expected to grow by 8.12% in the next year.