Tennant Co
NYSE:TNC

Watchlist Manager
Tennant Co Logo
Tennant Co
NYSE:TNC
Watchlist
Price: 82.5 USD 1.2% Market Closed
Market Cap: $1.5B

P/OCF

22.7
Current
38%
More Expensive
vs 3-y average of 16.4

Price to Operating Cash Flow (P/OCF) ratio compares a company`s market value to the cash it generates from its core operations.

P/OCF
22.7
=
Market Cap
$1.3B
/
Operating Cash Flow
$65m

Price to Operating Cash Flow (P/OCF) ratio compares a company`s market value to the cash it generates from its core operations.

P/OCF
22.7
=
Market Cap
$1.3B
/
Operating Cash Flow
$65m

Valuation Scenarios

Tennant Co is trading above its 3-year average

If P/OCF returns to its 3-Year Average (16.4), the stock would be worth $59.59 (28% downside from current price).

Statistics
Positive Scenarios
0/4
Maximum Downside
-41%
Maximum Upside
No Upside Scenarios
Average Downside
30%
Scenario P/OCF Value Implied Price Upside/Downside
Current Multiple 22.7 $82.5
0%
3-Year Average 16.4 $59.59
-28%
5-Year Average 15 $54.69
-34%
Industry Average 18.3 $66.51
-19%
Country Average 13.3 $48.58
-41%

Forward P/OCF
Today’s price vs future operating cash flow

Not enough data available to calculate forward P/OCF

Peer Comparison

All Multiples
P/OCF
P/E
All Countries
Close
Market Cap P/OCF P/E
US
Tennant Co
NYSE:TNC
1.5B USD 22.7 33.6
JP
Fujitec Co Ltd
TSE:6406
2 720 795.8T JPY 0 0
JP
Ishii Iron Works Co Ltd
TSE:6362
304.2T JPY 281 960.7 363 670.8
JP
Star Micronics Co Ltd
TSE:7718
48T JPY 29.8 29.8
US
Parker-Hannifin Corp
NYSE:PH
123B USD 32.9 34.8
JP
Freund Corp
TSE:6312
16.9T JPY 8 306.9 8 494.3
JP
Mitsubishi Heavy Industries Ltd
TSE:7011
15.8T JPY 20.4 56.1
SE
Atlas Copco AB
STO:ATCO A
903.7B SEK 27.8 34.2
US
Illinois Tool Works Inc
NYSE:ITW
77.8B USD 24.8 25.3
US
Barnes Group Inc
NYSE:B
68.1B USD 8.8 13.6
SE
Sandvik AB
STO:SAND
490B SEK 22 33

Market Distribution

Higher than 75% of companies in the United States of America
Percentile
75th
Based on 9 488 companies
75th percentile
22.7
Low
0 — 8.8
Typical Range
8.8 — 20.1
High
20.1 —
Distribution Statistics
the United States of America
Min 0
30th Percentile 8.8
Median 13.3
70th Percentile 20.1
Max 3 188 432.5

Tennant Co
Glance View

Amidst the quiet hum of the industrial machinery world, Tennant Company stands out as a seasoned pioneer in the maintenance and cleaning equipment sector. Established in 1870 by George H. Tennant, the company originally crafted wood products, but transformed over the decades into a dominant force in developing innovative cleaning solutions. Headquartered in Minneapolis, Minnesota, Tennant has carved its niche by focusing on designing, manufacturing, and marketing sophisticated cleaning equipment designed to tackle the toughest environments. Their flagship products—scrubbers, sweepers, and floor-cleaning machines—are widely utilized across various industries, such as manufacturing plants, warehouses, retail outlets, and airports, underscoring their versatility and essential role in maintaining cleanliness on a grand scale. The essence of Tennant's profitability lies in its ability to deliver durable and efficient cleaning solutions. By integrating advanced technologies such as chemical-free cleaning solutions and autonomous robotics, the company captures the interest of environmentally conscious and efficiency-seeking clients worldwide. Their business model is amplified by a robust after-sales service network, including maintenance services and parts replacement, which ensures customer loyalty and repeat business. By continually investing in research and development, Tennant secures a competitive edge, allowing them to thrive in an industry where the demand for cleaner and safer public and private spaces is perpetually vital. As businesses globally acknowledge the importance of sustainable and efficient cleaning practices, Tennant Company’s expertise positions it strategically for enduring success.

TNC Intrinsic Value
103.15 USD
Undervaluation 20%
Intrinsic Value
Price $82.5
Get AI-powered insights for any company or topic.
Open AI Assistant

Intrinsic Value is all-important and is the only logical way to evaluate the relative attractiveness of investments and businesses.

Warren Buffett