TINEXTA SPA (TNXT.MI) Stock Fundamental Analysis
BIT:TNXT - Euronext Milan - IT0005037210 - Common Stock - Currency: EUR
Overall TNXT gets a fundamental rating of 3 out of 10. We evaluated TNXT against 33 industry peers in the Professional Services industry. There are concerns on the financial health of TNXT while its profitability can be described as average. TNXT is valied quite expensively at the moment, while it does show a decent growth rate.
1. Profitability
1.1 Basic Checks
In the past year TNXT was profitable.
In the past year TNXT had a positive cash flow from operations.
In the past 5 years TNXT has always been profitable.
TNXT had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
TNXT has a worse Return On Assets (1.32%) than 63.64% of its industry peers.
The Return On Equity of TNXT (3.77%) is worse than 63.64% of its industry peers.
TNXT has a Return On Invested Capital (5.60%) which is comparable to the rest of the industry.
The Average Return On Invested Capital over the past 3 years for TNXT is significantly below the industry average of 11.23%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.32% | ||
| ROE | 3.77% | ||
| ROIC | 5.6% |
ROA(3y)5.16%
ROA(5y)5.43%
ROE(3y)13.52%
ROE(5y)16.32%
ROIC(3y)5.98%
ROIC(5y)7.21%
1.3 Margins
With a Profit Margin value of 2.34%, TNXT perfoms like the industry average, outperforming 54.55% of the companies in the same industry.
In the last couple of years the Profit Margin of TNXT has declined.
TNXT's Operating Margin of 8.66% is fine compared to the rest of the industry. TNXT outperforms 66.67% of its industry peers.
In the last couple of years the Operating Margin of TNXT has declined.
TNXT has a Gross Margin of 68.78%. This is comparable to the rest of the industry: TNXT outperforms 57.58% of its industry peers.
In the last couple of years the Gross Margin of TNXT has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 8.66% | ||
| PM (TTM) | 2.34% | ||
| GM | 68.78% |
OM growth 3Y-9.54%
OM growth 5Y-10.27%
PM growth 3Y-31.41%
PM growth 5Y-18.12%
GM growth 3Y1.39%
GM growth 5Y0.01%
2. Health
2.1 Basic Checks
TNXT has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
The number of shares outstanding for TNXT has been increased compared to 1 year ago.
Compared to 5 years ago, TNXT has less shares outstanding
TNXT has a worse debt/assets ratio than last year.
2.2 Solvency
TNXT has an Altman-Z score of 1.57. This is a bad value and indicates that TNXT is not financially healthy and even has some risk of bankruptcy.
The Altman-Z score of TNXT (1.57) is worse than 75.76% of its industry peers.
TNXT has a debt to FCF ratio of 10.80. This is a negative value and a sign of low solvency as TNXT would need 10.80 years to pay back of all of its debts.
TNXT has a Debt to FCF ratio of 10.80. This is in the lower half of the industry: TNXT underperforms 72.73% of its industry peers.
TNXT has a Debt/Equity ratio of 0.57. This is a neutral value indicating TNXT is somewhat dependend on debt financing.
With a Debt to Equity ratio value of 0.57, TNXT perfoms like the industry average, outperforming 54.55% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.57 | ||
| Debt/FCF | 10.8 | ||
| Altman-Z | 1.57 |
ROIC/WACC0.84
WACC6.66%
2.3 Liquidity
A Current Ratio of 0.98 indicates that TNXT may have some problems paying its short term obligations.
TNXT has a worse Current ratio (0.98) than 63.64% of its industry peers.
A Quick Ratio of 0.97 indicates that TNXT may have some problems paying its short term obligations.
TNXT has a Quick ratio (0.97) which is in line with its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.98 | ||
| Quick Ratio | 0.97 |
3. Growth
3.1 Past
The earnings per share for TNXT have decreased strongly by -76.16% in the last year.
TNXT shows a decrease in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -8.04% yearly.
Looking at the last year, TNXT shows a quite strong growth in Revenue. The Revenue has grown by 15.83% in the last year.
The Revenue has been growing by 11.95% on average over the past years. This is quite good.
EPS 1Y (TTM)-76.16%
EPS 3Y-20.66%
EPS 5Y-8.04%
EPS Q2Q%-16.67%
Revenue 1Y (TTM)15.83%
Revenue growth 3Y14.7%
Revenue growth 5Y11.95%
Sales Q2Q%17.37%
3.2 Future
Based on estimates for the next years, TNXT will show a quite strong growth in Earnings Per Share. The EPS will grow by 9.54% on average per year.
TNXT is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 8.76% yearly.
EPS Next Y-0.55%
EPS Next 2Y11.15%
EPS Next 3Y9.54%
EPS Next 5YN/A
Revenue Next Year9.56%
Revenue Next 2Y8.63%
Revenue Next 3Y7.73%
Revenue Next 5Y8.76%
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.
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
TNXT is valuated quite expensively with a Price/Earnings ratio of 38.55.
TNXT's Price/Earnings ratio is in line with the industry average.
TNXT's Price/Earnings ratio indicates a valuation a bit more expensive than the S&P500 average which is at 27.30.
TNXT is valuated reasonably with a Price/Forward Earnings ratio of 11.93.
Based on the Price/Forward Earnings ratio, TNXT is valued a bit cheaper than 75.76% of the companies in the same industry.
When comparing the Price/Forward Earnings ratio of TNXT to the average of the S&P500 Index (21.76), we can say TNXT is valued slightly cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 38.55 | ||
| Fwd PE | 11.93 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, TNXT is valued a bit cheaper than 72.73% of the companies in the same industry.
TNXT's Price/Free Cash Flow ratio is in line with the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 20.52 | ||
| EV/EBITDA | 6.96 |
4.3 Compensation for Growth
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y11.15%
EPS Next 3Y9.54%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 2.41%, TNXT has a reasonable but not impressive dividend return.
Compared to an average industry Dividend Yield of 2.82, TNXT pays a bit more dividend than its industry peers.
TNXT's Dividend Yield is comparable with the S&P500 average which is at 2.35.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.41% |
5.2 History
On average, the dividend of TNXT grows each year by 12.69%, which is quite nice.
Dividend Growth(5Y)12.69%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
TNXT pays out 188.00% of its income as dividend. This is not a sustainable payout ratio.
TNXT's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DP188%
EPS Next 2Y11.15%
EPS Next 3Y9.54%
BIT:TNXT (7/11/2025, 5:29:48 PM)
12.335
-0.12 (-1%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCommercial & Professional Services
GICS IndustryProfessional Services
Earnings (Last)
Earnings (Next)
Inst Owners15.92%
Inst Owner ChangeN/A
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap582.34M
Analysts81.67
Price Target13.58 (10.09%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.41% |
Yearly Dividend0.63
Dividend Growth(5Y)12.69%
DP188%
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)0%
PT rev (3m)0%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)0%
EPS NY rev (3m)-13.74%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)-1.95%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 38.55 | ||
| Fwd PE | 11.93 | ||
| P/S | 0.89 | ||
| P/FCF | 20.52 | ||
| P/OCF | 8.3 | ||
| P/B | 1.43 | ||
| P/tB | N/A | ||
| EV/EBITDA | 6.96 |
EPS(TTM)0.32
EY2.59%
EPS(NY)1.03
Fwd EY8.38%
FCF(TTM)0.6
FCFY4.87%
OCF(TTM)1.49
OCFY12.05%
SpS13.9
BVpS8.64
TBVpS-6.72
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.32% | ||
| ROE | 3.77% | ||
| ROCE | 6.96% | ||
| ROIC | 5.6% | ||
| ROICexc | 6.32% | ||
| ROICexgc | N/A | ||
| OM | 8.66% | ||
| PM (TTM) | 2.34% | ||
| GM | 68.78% | ||
| FCFM | 4.32% |
ROA(3y)5.16%
ROA(5y)5.43%
ROE(3y)13.52%
ROE(5y)16.32%
ROIC(3y)5.98%
ROIC(5y)7.21%
ROICexc(3y)8.04%
ROICexc(5y)9.5%
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)7.43%
ROCE(5y)8.95%
ROICexcg growth 3YN/A
ROICexcg growth 5YN/A
ROICexc growth 3Y-6.13%
ROICexc growth 5Y-18.43%
OM growth 3Y-9.54%
OM growth 5Y-10.27%
PM growth 3Y-31.41%
PM growth 5Y-18.12%
GM growth 3Y1.39%
GM growth 5Y0.01%
F-Score4
Asset Turnover0.56
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.57 | ||
| Debt/FCF | 10.8 | ||
| Debt/EBITDA | 2.11 | ||
| Cap/Depr | 77.41% | ||
| Cap/Sales | 6.37% | ||
| Interest Coverage | 7.03 | ||
| Cash Conversion | 63.32% | ||
| Profit Quality | 184.43% | ||
| Current Ratio | 0.98 | ||
| Quick Ratio | 0.97 | ||
| Altman-Z | 1.57 |
F-Score4
WACC6.66%
ROIC/WACC0.84
Cap/Depr(3y)80.96%
Cap/Depr(5y)71.57%
Cap/Sales(3y)8.53%
Cap/Sales(5y)7.3%
Profit Quality(3y)92.78%
Profit Quality(5y)121.68%
High Growth Momentum
Growth
EPS 1Y (TTM)-76.16%
EPS 3Y-20.66%
EPS 5Y-8.04%
EPS Q2Q%-16.67%
EPS Next Y-0.55%
EPS Next 2Y11.15%
EPS Next 3Y9.54%
EPS Next 5YN/A
Revenue 1Y (TTM)15.83%
Revenue growth 3Y14.7%
Revenue growth 5Y11.95%
Sales Q2Q%17.37%
Revenue Next Year9.56%
Revenue Next 2Y8.63%
Revenue Next 3Y7.73%
Revenue Next 5Y8.76%
EBIT growth 1Y-13.99%
EBIT growth 3Y3.76%
EBIT growth 5Y0.46%
EBIT Next Year120.47%
EBIT Next 3Y39.67%
EBIT Next 5YN/A
FCF growth 1Y-23.05%
FCF growth 3Y-20.45%
FCF growth 5Y-7.4%
OCF growth 1Y-6.54%
OCF growth 3Y-1.09%
OCF growth 5Y4.92%