TNC's one year PEG ratio, measuring expected growth in earnings next year relative to current common stock price is 729.64 -- higher than 94.42% of US-listed equities with positive expected earnings growth.
TNC's went public 28.91 years ago, making it older than 81.36% of listed US stocks we're tracking.
The volatility of Tennant Co's share price is greater than that of only 9.03% US stocks with at least 200 days of trading history.
Stocks that are quantitatively similar to TNC, based on their financial statements, market capitalization, and price volatility, are KAI, GOLF, EPC, CMCO, and EML.
TNC's SEC filings can be seen here. And to visit Tennant Co's official web site, go to www.tennantco.com.
Tennant Company delivers products including equipment for maintaining surfaces in industrial, commercial and outdoor environments; chemical-free and other sustainable cleaning technologies; and coatings for protecting, repairing and upgrading surfaces. The company was founded in 1870 and is based in Minneapolis, Minnesota.
TNC Price Forecast Based on DCF Valuation
DCF Fair Value Target:
The table below illustrates the output of a discounted cash flow forecast using a variety of scenarios for Tennant Co. To summarize, we found that Tennant Co ranked in the 50th percentile in terms of potential gain offered. We should note, though, that the most conservative analysis suggests this stock will yield negative results -- and thus may be a potential short opportunity. The most interesting components of our discounted cash flow analysis for Tennant Co ended up being:
80% of the company's capital comes from equity, which is greater than 52.85% of stocks in our cash flow based forecasting set.
Tennant Co's interest coverage rate -- a measure of gross earnings relative to interest payments -- comes in at 3.4. This coverage rate is greater than that of 55.68% of stocks we're observing for the purpose of forecasting via discounted cash flows.
Relative to other stocks in its sector (Industrials), Tennant Co has a reliance on debt greater than 50.78% of them.
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
Want more companies with a valuation profile/forecast similar to that of Tennant Co? See GPN, VOLT, AJRD, TTC, and USAK.
With shares up 25% since we started coverage on the Tennant Company (TNC), the stock has remained flat for the second half of the year. Management continues executing on its enterprise strategy, which focuses on three main pillars: 1) winning where they have a competitive advantage, 2) reducing complexities and...
MINNEAPOLIS--(BUSINESS WIRE)--Tennant Company (“Tennant”) (NYSE: TNC), a world leader in the design, manufacture and marketing of solutions that help create a cleaner, safer, healthier world, today announced a succession plan in which Chief Operating Officer Dave Huml will become chief executive officer on March 1, 2021, and will join the Company’s board of directors. Current CEO Chris Killingstad will serve as a strategic advisor until the end of 2021. Senior Vice President of Technology and I
MINNEAPOLIS--(BUSINESS WIRE)--Tennant Company (“Tennant”) (NYSE: TNC), a world leader in the design, manufacture and marketing of solutions that help create a cleaner, safer and healthier world, today reported its third-quarter 2020 results. Tennant Company reported net sales of $261.9 million for the 2020 third quarter, representing a 7.1 percent organic decrease year over year, primarily due to the global business slowdown resulting from the coronavirus pandemic. Net income for the third quar