TENNANT CO (TNC) Fundamental Analysis & Valuation

NYSE:TNC • US8803451033

Current stock price

65.61 USD
+0.45 (+0.69%)
Last:

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

  • TNC had positive earnings in the past year.
  • TNC had a positive operating cash flow in the past year.
  • In the past 5 years TNC has always been profitable.
  • TNC had a positive operating cash flow in 4 of the past 5 years.
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

  • TNC's Return On Assets of 3.45% is in line compared to the rest of the industry. TNC outperforms 48.09% of its industry peers.
  • TNC's Return On Equity of 7.28% is in line compared to the rest of the industry. TNC outperforms 50.38% of its industry peers.
  • TNC has a Return On Invested Capital of 6.28%. This is comparable to the rest of the industry: TNC outperforms 48.09% of its industry peers.
  • TNC had an Average Return On Invested Capital over the past 3 years of 9.90%. This is in line with the industry average of 10.17%.
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's Profit Margin of 3.64% is in line compared to the rest of the industry. TNC outperforms 45.80% of its industry peers.
  • In the last couple of years the Profit Margin of TNC has grown nicely.
  • With a Operating Margin value of 6.55%, TNC perfoms like the industry average, outperforming 43.51% of the companies in the same industry.
  • TNC's Operating Margin has declined in the last couple of years.
  • TNC has a Gross Margin of 40.24%. This is in the better half of the industry: TNC outperforms 74.05% of its industry peers.
  • TNC's Gross Margin has been stable in the last couple of years.
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 just above the Cost of Capital (WACC), which means it is creating some value.
  • Compared to 1 year ago, TNC has less shares outstanding
  • The number of shares outstanding for TNC has been reduced compared to 5 years ago.
  • Compared to 1 year ago, TNC has a worse debt to assets ratio.
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

  • TNC has an Altman-Z score of 3.18. This indicates that TNC is financially healthy and has little risk of bankruptcy at the moment.
  • The Altman-Z score of TNC (3.18) is comparable to the rest of the industry.
  • 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.
  • TNC has a Debt to FCF ratio (6.32) which is comparable to the rest of the industry.
  • TNC has a Debt/Equity ratio of 0.45. This is a healthy value indicating a solid balance between debt and equity.
  • Looking at the Debt to Equity ratio, with a value of 0.45, TNC is in line with its industry, outperforming 49.62% of the companies in the same industry.
Industry RankSector Rank
Debt/Equity 0.45
Debt/FCF 6.32
Altman-Z 3.18
ROIC/WACC0.63
WACC9.89%
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.
  • TNC has a Current ratio (2.05) which is comparable to the rest of the industry.
  • TNC has a Quick Ratio of 1.37. This is a normal value and indicates that TNC is financially healthy and should not expect problems in meeting its short term obligations.
  • With a Quick ratio value of 1.37, TNC perfoms like the industry average, 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%.
  • TNC shows quite a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 13.41% yearly.
  • TNC shows a decrease in Revenue. In the last year, the revenue decreased by -6.47%.
  • 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

  • TNC is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 8.25% yearly.
  • 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 Year2.01%
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.
  • 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

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5

4. TNC Valuation Analysis

4.1 Price/Earnings Ratio

  • With a Price/Earnings ratio of 12.02, TNC is valued correctly.
  • Based on the Price/Earnings ratio, TNC is valued cheaply inside the industry as 92.37% of the companies are valued more expensively.
  • TNC's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 25.23.
  • Based on the Price/Forward Earnings ratio of 11.11, the valuation of TNC can be described as reasonable.
  • Based on the Price/Forward Earnings ratio, TNC is valued cheaper than 93.13% of the companies in the same industry.
  • The average S&P500 Price/Forward Earnings ratio is at 22.42. TNC is valued rather cheaply when compared to this.
Industry RankSector Rank
PE 12.02
Fwd PE 11.11
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

  • Based on the Enterprise Value to EBITDA ratio, TNC is valued a bit cheaper than the industry average as 78.63% of the companies are valued more expensively.
  • TNC's Price/Free Cash Flow is on the same level as the industry average.
Industry RankSector Rank
P/FCF 27.05
EV/EBITDA 9.67
TNC Per share dataTNC EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 20 40 60

4.3 Compensation for Growth

  • The PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
PEG (NY)1.48
PEG (5Y)0.9
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 1.91%.
  • Compared to an average industry Dividend Yield of 1.22, TNC pays a better dividend. On top of this TNC pays more dividend than 83.21% of the companies listed in the same industry.
  • Compared to an average S&P500 Dividend Yield of 1.89, TNC has a dividend comparable with the average S&P500 company.
Industry RankSector Rank
Dividend Yield 1.91%

5.2 History

  • On average, the dividend of TNC grows each year by 6.27%, which is quite nice.
  • 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)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

  • TNC pays out 50.00% of its income as dividend. This is a bit on the high side, but may be sustainable.
  • TNC's earnings are growing more than its dividend. This makes the dividend growth 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 (3/23/2026, 11:39:07 AM)

65.61

+0.45 (+0.69%)

Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryMachinery
Earnings (Last)02-23
Earnings (Next)04-28
Inst Owners97.24%
Inst Owner Change-4.08%
Ins Owners1.4%
Ins Owner Change14.16%
Market Cap1.17B
Revenue(TTM)1.20B
Net Income(TTM)43.80M
Analysts80
Price Target112.2 (71.01%)
Short Float %3.68%
Short Ratio3.21
Dividend
Industry RankSector Rank
Dividend Yield 1.91%
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)0%
PT rev (3m)0%
EPS NQ rev (1m)-38.65%
EPS NQ rev (3m)-38.65%
EPS NY rev (1m)-12.32%
EPS NY rev (3m)-12.32%
Revenue NQ rev (1m)-6.09%
Revenue NQ rev (3m)-6.09%
Revenue NY rev (1m)-3.42%
Revenue NY rev (3m)-3.42%
Valuation
Industry RankSector Rank
PE 12.02
Fwd PE 11.11
P/S 0.97
P/FCF 27.05
P/OCF 18.02
P/B 1.95
P/tB 3.44
EV/EBITDA 9.67
EPS(TTM)5.46
EY8.32%
EPS(NY)5.9
Fwd EY9%
FCF(TTM)2.43
FCFY3.7%
OCF(TTM)3.64
OCFY5.55%
SpS67.42
BVpS33.7
TBVpS19.07
PEG (NY)1.48
PEG (5Y)0.9
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 3.18
F-Score5
WACC9.89%
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 Year2.01%
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 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 5 / 10.


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

The financial health rating of TENNANT CO (TNC) is 5 / 10.


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

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