Tennant Co
NYSE:TNC

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Tennant Co
NYSE:TNC
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Price: 70.91 USD 0.5%
Market Cap: 1.3B USD
Section:
Relative Value
Relative Value
Valuation Multiples
Multiples Across Competitors
See Also

Relative Value

The Relative Value of one TNC stock under the Base Case scenario is 94.15 USD. Compared to the current market price of 70.91 USD, Tennant Co is Undervalued by 25%.

Relative Value is the estimated value of a stock based on various valuation multiples like P/E and EV/EBIT ratios. It offers a quick snapshot of a stock's valuation in relation to its peers and historical norms.

TNC Relative Value
Base Case
94.15 USD
Undervaluation 25%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

1
P/S
P/S
Price to Sales
1
vs History
80
vs Industry
54
Median 3Y
1.2
Median 5Y
1.2
Industry
1.5
Forward
1.1
More Details
19.4
P/E
P/E
Price to Earnings
19.4
vs History
55
vs Industry
42
Median 3Y
18.2
Median 5Y
20.3
Industry
19.8
Forward
11.8
More Details
15.4
P/OCF
P/OCF
Price to OCF
15.4
vs History
30
vs Industry
33
Median 3Y
14.5
Median 5Y
13
Industry
14.2
More Details
22
P/FCFE
P/FCFE
Price to FCFE
22
vs History
44
vs Industry
24
Median 3Y
24.5
Median 5Y
21.5
Industry
20
More Details
2.1
P/B
P/B
Price to Book Value
2.1
vs History
96
vs Industry
33
Median 3Y
2.7
Median 5Y
2.9
Industry
1.7
More Details
1.2
EV/S
EV/S
Enterprise Value to Sales
1.2
vs History
93
vs Industry
52
Median 3Y
1.4
Median 5Y
1.4
Industry
1.6
Forward
1.2
More Details
2.7
EV/GP
EV/GP
Enterprise Value to Gross Profit
2.7
vs History
95
vs Industry
65
Median 3Y
3.4
Median 5Y
3.4
Industry
5.9
More Details
8.8
EV/EBITDA
EV/EBITDA
Enterprise Value to EBITDA
8.8
vs History
90
vs Industry
47
Median 3Y
9.9
Median 5Y
10.4
Industry
11.9
Forward
7.1
More Details
13.2
EV/EBIT
EV/EBIT
Enterprise Value to EBIT
13.2
vs History
82
vs Industry
44
Median 3Y
14.2
Median 5Y
16
Industry
15.5
Forward
11.4
More Details
16.9
EV/OCF
EV/OCF
Enterprise Value to OCF
16.9
vs History
30
vs Industry
31
Median 3Y
15.2
Median 5Y
13.9
Industry
14.3
More Details
23.7
EV/FCFF
EV/FCFF
Enterprise Value to FCFF
23.7
vs History
19
vs Industry
24
Median 3Y
15.9
Median 5Y
15.9
Industry
17.7
More Details
1.5
EV/IC
EV/IC
Enterprise Value to IC
1.5
vs History
92
vs Industry
37
Median 3Y
1.8
Median 5Y
1.8
Industry
1.3
More Details

Multiples Across Competitors

TNC Competitors Multiples
Tennant Co Competitors

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
Market Cap P/S P/E EV/EBITDA EV/EBIT
US
Tennant Co
NYSE:TNC
1.3B USD 1 19.4 8.8 13.2
JP
Ishii Iron Works Co Ltd
TSE:6362
304.2T JPY 28 119.8 363 670.8 171 820.3 210 169.2
US
Parker-Hannifin Corp
NYSE:PH
79.9B USD 4 25.3 17.4 21.3
SE
Atlas Copco AB
STO:ATCO A
726.7B SEK 4.1 24.9 15.9 19.8
US
Illinois Tool Works Inc
NYSE:ITW
70B USD 4.4 20.8 17.2 18.9
JP
Mitsubishi Heavy Industries Ltd
TSE:7011
9.6T JPY 1.9 37.3 18.4 27
CH
Schindler Holding AG
SIX:SCHP
31.6B CHF 2.8 33.2 17.6 22.3
US
Otis Worldwide Corp
NYSE:OTIS
38.4B USD 2.7 24.9 23 25.4
FI
Kone Oyj
OMXH:KNEBV
28.2B EUR 2.5 29.4 17.7 21.9
US
Ingersoll Rand Inc
NYSE:IR
31.3B USD 4.3 38 17.7 23.6
US
Xylem Inc
NYSE:XYL
29.5B USD 3.4 33.1 18.6 28.4
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
US
Tennant Co
NYSE:TNC
Average EV/EBITDA: 15 635.7
8.8
N/A N/A
JP
I
Ishii Iron Works Co Ltd
TSE:6362
171 820.3
N/A N/A
US
Parker-Hannifin Corp
NYSE:PH
17.4
8%
2.2
SE
Atlas Copco AB
STO:ATCO A
15.9
6%
2.7
US
Illinois Tool Works Inc
NYSE:ITW
17.2
3%
5.7
JP
Mitsubishi Heavy Industries Ltd
TSE:7011
18.4
19%
1
CH
Schindler Holding AG
SIX:SCHP
17.6
8%
2.2
US
Otis Worldwide Corp
NYSE:OTIS
23
8%
2.9
FI
K
Kone Oyj
OMXH:KNEBV
17.7
10%
1.8
US
Ingersoll Rand Inc
NYSE:IR
17.7
10%
1.8
US
Xylem Inc
NYSE:XYL
18.6
12%
1.6
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
US
Tennant Co
NYSE:TNC
Average EV/EBIT: 19 126.4
13.2
N/A N/A
JP
I
Ishii Iron Works Co Ltd
TSE:6362
210 169.2
N/A N/A
US
Parker-Hannifin Corp
NYSE:PH
21.3
12%
1.8
SE
Atlas Copco AB
STO:ATCO A
19.8
5%
4
US
Illinois Tool Works Inc
NYSE:ITW
18.9
3%
6.3
JP
Mitsubishi Heavy Industries Ltd
TSE:7011
27
N/A N/A
CH
Schindler Holding AG
SIX:SCHP
22.3
10%
2.2
US
Otis Worldwide Corp
NYSE:OTIS
25.4
9%
2.8
FI
K
Kone Oyj
OMXH:KNEBV
21.9
10%
2.2
US
Ingersoll Rand Inc
NYSE:IR
23.6
15%
1.6
US
Xylem Inc
NYSE:XYL
28.4
20%
1.4

See Also

Summary
TNC intrinsic value, competitors valuation, and company profile.
DCF Valuation
TNC stock valuation using Discount Cash Flow valuation method.
Relative Valuation
TNC stock valuation using valuation multiples.
Wall Street Estimates
TNC price targets and financial estimates made by Wall st analysts.
Profitability Analysis
Detailed analysis of the company's profitability.
Solvency Analysis
Analysis of the financial position and solvency of the company.
Financials
Income Statement, Balance Sheet, Cash Flow Statement.
Discount Rate
TNC stock discount rate: cost of equity and WACC.
Summary
DCF Valuation
Relative Valuation
Wall Street Estimates
Profitability Analysis
Solvency Analysis
Financials
Discount Rate
Discover More
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