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TENNANT CO (TNC) Stock Fundamental Analysis

USA - New York Stock Exchange - NYSE:TNC - US8803451033 - Common Stock

75.53 USD
-0.9 (-1.18%)
Last: 1/27/2026, 8:04:00 PM
75.53 USD
0 (0%)
After Hours: 1/27/2026, 8:04:00 PM
Fundamental Rating

5

Overall TNC gets a fundamental rating of 5 out of 10. We evaluated TNC against 132 industry peers in the Machinery industry. TNC has an average financial health and profitability rating. TNC has a valuation in line with the averages, but it does not seem to be growing.


Dividend Valuation Growth Profitability Health

6

1. Profitability

1.1 Basic Checks

  • In the past year TNC was profitable.
  • TNC had a positive operating cash flow in the past year.
  • TNC had positive earnings in each of the past 5 years.
  • 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 0 50M -50M 100M 150M

1.2 Ratios

  • TNC's Return On Assets of 4.36% is in line compared to the rest of the industry. TNC outperforms 56.06% of its industry peers.
  • With a Return On Equity value of 8.55%, TNC perfoms like the industry average, outperforming 58.33% of the companies in the same industry.
  • With a decent Return On Invested Capital value of 8.14%, TNC is doing good in the industry, outperforming 61.36% 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 10.24%.
Industry RankSector Rank
ROA 4.36%
ROE 8.55%
ROIC 8.14%
ROA(3y)7.66%
ROA(5y)6.44%
ROE(3y)15.51%
ROE(5y)13.97%
ROIC(3y)11.55%
ROIC(5y)10.25%
TNC Yearly ROA, ROE, ROICTNC Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 5 10 15

1.3 Margins

  • TNC's Profit Margin of 4.42% is in line compared to the rest of the industry. TNC outperforms 51.52% of its industry peers.
  • In the last couple of years the Profit Margin of TNC has grown nicely.
  • Looking at the Operating Margin, with a value of 7.61%, TNC is in line with its industry, outperforming 49.24% of the companies in the same industry.
  • TNC's Operating Margin has improved in the last couple of years.
  • TNC has a better Gross Margin (41.88%) than 79.55% of its industry peers.
  • TNC's Gross Margin has been stable in the last couple of years.
Industry RankSector Rank
OM 7.61%
PM (TTM) 4.42%
GM 41.88%
OM growth 3Y5.7%
OM growth 5Y6.37%
PM growth 3Y3.02%
PM growth 5Y10.07%
GM growth 3Y2.05%
GM growth 5Y1.03%
TNC Yearly Profit, Operating, Gross MarginsTNC Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 10 20 30 40

6

2. Health

2.1 Basic Checks

  • With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), TNC is creating some value.
  • TNC has about the same amout of shares outstanding than it did 1 year ago.
  • The number of shares outstanding for TNC has been increased compared to 5 years ago.
  • Compared to 1 year ago, TNC has an improved debt to assets ratio.
TNC Yearly Shares OutstandingTNC Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 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 200M 400M 600M 800M 1B

2.2 Solvency

  • TNC has an Altman-Z score of 3.59. This indicates that TNC is financially healthy and has little risk of bankruptcy at the moment.
  • Looking at the Altman-Z score, with a value of 3.59, TNC is in the better half of the industry, outperforming 60.61% of the companies in the same industry.
  • The Debt to FCF ratio of TNC is 3.87, which is a good value as it means it would take TNC, 3.87 years of fcf income to pay off all of its debts.
  • Looking at the Debt to FCF ratio, with a value of 3.87, TNC is in line with its industry, outperforming 59.85% of the companies in the same industry.
  • TNC has a Debt/Equity ratio of 0.37. This is a healthy value indicating a solid balance between debt and equity.
  • The Debt to Equity ratio of TNC (0.37) is comparable to the rest of the industry.
Industry RankSector Rank
Debt/Equity 0.37
Debt/FCF 3.87
Altman-Z 3.59
ROIC/WACC0.84
WACC9.7%
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 0 200M 400M 600M

2.3 Liquidity

  • TNC has a Current Ratio of 2.13. This indicates that TNC is financially healthy and has no problem in meeting its short term obligations.
  • TNC has a Current ratio of 2.13. This is comparable to the rest of the industry: TNC outperforms 53.79% of its industry peers.
  • A Quick Ratio of 1.39 indicates that TNC should not have too much problems paying its short term obligations.
  • TNC's Quick ratio of 1.39 is fine compared to the rest of the industry. TNC outperforms 60.61% of its industry peers.
Industry RankSector Rank
Current Ratio 2.13
Quick Ratio 1.39
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 100M 200M 300M 400M 500M

3

3. Growth

3.1 Past

  • The earnings per share for TNC have decreased strongly by -19.57% in the last year.
  • The Earnings Per Share has been growing by 17.78% on average over the past years. This is quite good.
  • Looking at the last year, TNC shows a decrease in Revenue. The Revenue has decreased by -2.24% in the last year.
  • The Revenue has been growing slightly by 2.49% on average over the past years.
EPS 1Y (TTM)-19.57%
EPS 3Y14.27%
EPS 5Y17.78%
EPS Q2Q%5.04%
Revenue 1Y (TTM)-2.24%
Revenue growth 3Y5.66%
Revenue growth 5Y2.49%
Sales Q2Q%-3.96%

3.2 Future

  • The Earnings Per Share is expected to grow by 4.36% on average over the next years.
  • Based on estimates for the next years, TNC will show a small growth in Revenue. The Revenue will grow by 3.86% on average per year.
EPS Next Y-11.03%
EPS Next 2Y1.39%
EPS Next 3Y4.36%
EPS Next 5YN/A
Revenue Next Year-3.86%
Revenue Next 2Y0.77%
Revenue Next 3Y2.19%
Revenue Next 5Y3.86%

3.3 Evolution

  • The EPS growth rate is decreasing: in the next years the growth will be less than in the last years.
  • The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
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

6

4. Valuation

4.1 Price/Earnings Ratio

  • TNC is valuated correctly with a Price/Earnings ratio of 13.51.
  • TNC's Price/Earnings ratio is rather cheap when compared to the industry. TNC is cheaper than 92.42% of the companies in the same industry.
  • Compared to an average S&P500 Price/Earnings ratio of 28.87, TNC is valued rather cheaply.
  • A Price/Forward Earnings ratio of 11.22 indicates a reasonable valuation of TNC.
  • Based on the Price/Forward Earnings ratio, TNC is valued cheaper than 95.45% of the companies in the same industry.
  • Compared to an average S&P500 Price/Forward Earnings ratio of 25.96, TNC is valued rather cheaply.
Industry RankSector Rank
PE 13.51
Fwd PE 11.22
TNC Price Earnings VS Forward Price EarningsTNC Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 10 20 30

4.2 Price Multiples

  • Based on the Enterprise Value to EBITDA ratio, TNC is valued cheaper than 84.09% of the companies in the same industry.
  • 64.39% of the companies in the same industry are more expensive than TNC, based on the Price/Free Cash Flow ratio.
Industry RankSector Rank
P/FCF 22.19
EV/EBITDA 9.93
TNC Per share dataTNC EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 20 40 60

4.3 Compensation for Growth

  • The decent profitability rating of TNC may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)0.76
EPS Next 2Y1.39%
EPS Next 3Y4.36%

6

5. Dividend

5.1 Amount

  • With a Yearly Dividend Yield of 1.57%, TNC has a reasonable but not impressive dividend return.
  • Compared to an average industry Dividend Yield of 1.01, TNC pays a better dividend. On top of this TNC pays more dividend than 83.33% of the companies listed in the same industry.
  • TNC's Dividend Yield is comparable with the S&P500 average which is at 1.82.
Industry RankSector Rank
Dividend Yield 1.57%

5.2 History

  • The dividend of TNC has a limited annual growth rate of 5.49%.
  • TNC has paid a dividend for at least 10 years, which is a reliable track record.
  • TNC has not decreased its dividend for at least 10 years, so it has a reliable track record of non decreasing dividend.
Dividend Growth(5Y)5.49%
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 0.2 0.4 0.6 0.8 1

5.3 Sustainability

  • 39.96% of the earnings are spent on dividend by TNC. This is a low number and sustainable payout ratio.
  • TNC's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DP39.96%
EPS Next 2Y1.39%
EPS Next 3Y4.36%
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 0 50M -50M 100M 150M
TNC Dividend Payout.TNC Dividend Payout, showing the Payout Ratio.TNC Dividend Payout.PayoutRetained Earnings

TENNANT CO / TNC 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 6 / 10 to TENNANT CO (TNC). This can be considered as Fairly Valued.


How profitable is TENNANT CO (TNC) stock?

TENNANT CO (TNC) has a profitability rating of 6 / 10.


What is the financial health of TENNANT CO (TNC) stock?

The financial health rating of TENNANT CO (TNC) is 6 / 10.


What is the expected EPS growth for TENNANT CO (TNC) stock?

The Earnings per Share (EPS) of TENNANT CO (TNC) is expected to decline by -11.03% in the next year.