Tennant Statistics

Share Statistics

Tennant has 18.47M shares outstanding. The number of shares has increased by -2.14% in one year.

Shares Outstanding	18.47M
Shares Change (YoY)	-2.14%
Shares Change (QoQ)	-0.99%
Owned by Institutions (%)	92.81%
Shares Floating	18.2M
Failed to Deliver (FTD) Shares	55
FTD / Avg. Volume	0.04%

Short Selling Information

The latest short interest is 490.11K, so 2.65% of the outstanding shares have been sold short.

Short Interest	490.11K
Short % of Shares Out	2.65%
Short % of Float	3.81%
Short Ratio (days to cover)	5.27

Valuation Ratios

The PE ratio is 18.3 and the forward PE ratio is 12.6. Tennant's PEG ratio is -0.74.

PE Ratio	18.3
Forward PE	12.6
PS Ratio	1.19
Forward PS	1.2
PB Ratio	2.47
P/FCF Ratio	22.43
PEG Ratio	-0.74

Financial Ratio History

Enterprise Valuation

Tennant has an Enterprise Value (EV) of 1.69B.

EV / Sales	1.31
EV / EBITDA	9.63
EV / EBIT	18.8
EV / FCF	24.69

Financial Position

The company has a current ratio of 1.97, with a Debt / Equity ratio of 0.41.

Current Ratio	1.97
Quick Ratio	1.34
Debt / Equity	0.41
Debt / EBITDA	1.45
Debt / FCF	3.72
Interest Coverage	12.56

Financial Efficiency

Return on Equity is 13.48% and Return on Invested Capital is 9.95%.

Return on Equity	13.48%
Return on Assets	7.03%
Return on Invested Capital	9.95%
Revenue Per Employee	$285.93K
Profits Per Employee	$18.6K
Employee Count	4,500
Asset Turnover	1.08
Inventory Turnover	4.01

Taxes

Income Tax	21.1M
Effective Tax Rate	20.13%

Stock Price Statistics

The stock price has increased by -9.91% in the last 52 weeks. The beta is 1.05, so Tennant's price volatility has been higher than the market average.

Beta	1.05
52-Week Price Change	-9.91%
50-Day Moving Average	81.9
200-Day Moving Average	80.16
Relative Strength Index (RSI)	55.8
Average Volume (20 Days)	128,977

Income Statement

In the last 12 months, Tennant had revenue of 1.29B and earned 83.7M in profits. Earnings per share was 4.46.

Revenue	1.29B
Gross Profit	550M
Operating Income	114.3M
Net Income	83.7M
EBITDA	175.2M
EBIT	120.1M
Earnings Per Share (EPS)	4.46

Full Income Statement

Balance Sheet

The company has 99.6M in cash and 254.3M in debt, giving a net cash position of -154.7M.

Cash & Cash Equivalents	99.6M
Total Debt	254.3M
Net Cash	-154.7M
Retained Earnings	609.7M
Total Assets	1.24B
Working Capital	299.8M

Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was 89.7M and capital expenditures -21.4M, giving a free cash flow of 68.3M.

Operating Cash Flow	89.7M
Capital Expenditures	-21.4M
Free Cash Flow	68.3M
FCF Per Share	3.64

Full Cash Flow Statement

Margins

Gross margin is 42.75%, with operating and profit margins of 8.88% and 6.51%.

Gross Margin	42.75%
Operating Margin	8.88%
Pretax Margin	8.14%
Profit Margin	6.51%
EBITDA Margin	13.62%
EBIT Margin	8.88%
FCF Margin	5.31%

Dividends & Yields

TNC pays an annual dividend of $1.46, which amounts to a dividend yield of 1.44%.

Dividend Per Share	$1.46
Dividend Yield	1.44%
Dividend Growth (YoY)	5.36%
Payout Ratio	45.2%
Earnings Yield	5.46%
FCF Yield	4.46%

Dividend Details

Analyst Forecast

The average price target for TNC is $125, which is 50.8% higher than the current price. The consensus rating is "Buy".

Price Target	$125
Price Target Difference	50.8%
Analyst Consensus	Buy
Analyst Count	1

Stock Forecasts

Fair Value

There are several formulas that can be used to estimate the intrinsic value of a stock.

Lynch Fair Value	$86.39
Lynch Upside	4.25%
Graham Number	57.55
Graham Upside	-30.55%

Stock Splits

The last stock split was on Jul 26, 2006. It was a forward split with a ratio of 2:1.

Last Split Date	Jul 26, 2006
Split Type	forward
Split Ratio	2:1

Scores

Altman Z-Score	3.76
Piotroski F-Score	5

Tennant (TNC)