TFI INTERNATIONAL INC. |
Delayed
Other stock markets
|
5-day change | 1st Jan Change | ||
| 197.5 CAD | -1.36% |
|
-0.40% | +9.58% |
Valuation
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Capitalization 1 | 2,743 | 4,804 | 10,440 | 8,719 | 11,522 | 12,429 | - | - |
| Enterprise Value (EV) 1 | 4,403 | 6,028 | 12,458 | 10,301 | 13,531 | 14,823 | 14,394 | 14,031 |
| P/E ratio | 12.1 x | 17 x | 16.1 x | 11.1 x | 23.4 x | 23.3 x | 17.2 x | - |
| Yield | 2.18% | 1.63% | 0.86% | 1.16% | 1.07% | 1.15% | 1.23% | 1.41% |
| Capitalization / Revenue | 0.71 x | 1.27 x | 1.45 x | 0.99 x | 1.53 x | 1.38 x | 1.26 x | 1.2 x |
| EV / Revenue | 1.13 x | 1.59 x | 1.73 x | 1.17 x | 1.8 x | 1.65 x | 1.45 x | 1.35 x |
| EV / EBITDA | 6.79 x | 8.62 x | 11.6 x | 7.23 x | 11.4 x | 10.8 x | 8.74 x | 7.62 x |
| EV / FCF | 19.4 x | 11.1 x | 17.8 x | 11.7 x | 17.4 x | 18.1 x | 14.7 x | 13.3 x |
| FCF Yield | 5.16% | 9.03% | 5.63% | 8.55% | 5.73% | 5.53% | 6.79% | 7.52% |
| Price to Book | 2.43 x | 2.56 x | 4.7 x | 3.63 x | 4.51 x | 4.47 x | 4.08 x | 3.11 x |
| Nbr of stocks (in thousands) | 81,466 | 93,381 | 93,047 | 87,180 | 84,750 | 84,604 | - | - |
| Reference price 2 | 33.67 | 51.45 | 112.2 | 100.0 | 136.0 | 146.9 | 146.9 | 146.9 |
| Announcement Date | 2/10/20 | 2/8/21 | 2/7/22 | 2/6/23 | 2/8/24 | - | - | - |
1USD in Million2USD
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 3,887 | 3,781 | 7,220 | 8,812 | 7,521 | 8,980 | 9,899 | 10,367 |
| EBITDA 1 | 648.8 | 699.6 | 1,076 | 1,425 | 1,188 | 1,378 | 1,647 | 1,840 |
| EBIT 1 | 384 | 416.6 | 889.2 | 1,146 | 757.6 | 846.2 | 1,083 | 1,252 |
| Operating Margin | 9.88% | 11.02% | 12.31% | 13% | 10.07% | 9.42% | 10.94% | 12.07% |
| Earnings before Tax (EBT) 1 | 319.7 | 362.7 | 816.2 | 1,066 | 676.8 | 708.1 | 921.8 | 1,062 |
| Net income 1 | 232.9 | 275.7 | 664.4 | 823.2 | 504.9 | 529.1 | 692.5 | - |
| Net margin | 5.99% | 7.29% | 9.2% | 9.34% | 6.71% | 5.89% | 7% | - |
| EPS 2 | 2.793 | 3.030 | 6.970 | 9.020 | 5.800 | 6.306 | 8.526 | - |
| Free Cash Flow 1 | 227.3 | 544.6 | 700.9 | 880.9 | 775.9 | 819.1 | 976.8 | 1,054 |
| FCF margin | 5.85% | 14.4% | 9.71% | 10% | 10.32% | 9.12% | 9.87% | 10.17% |
| FCF Conversion (EBITDA) | 35.03% | 77.85% | 65.11% | 61.82% | 65.31% | 59.44% | 59.31% | 57.3% |
| FCF Conversion (Net income) | 97.58% | 197.57% | 105.5% | 107% | 153.68% | 154.81% | 141.04% | - |
| Dividend per Share 2 | 0.7355 | 0.8382 | 0.9600 | 1.160 | 1.450 | 1.686 | 1.800 | 2.072 |
| Announcement Date | 2/10/20 | 2/8/21 | 2/7/22 | 2/6/23 | 2/8/24 | - | - | - |
1USD in Million2USD
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: December | 2021 Q4 | 2022 Q1 | 2022 Q2 | 2022 Q3 | 2022 Q4 | 2023 Q1 | 2023 Q2 | 2023 Q3 | 2023 Q4 | 2024 Q1 | 2024 Q2 | 2024 Q3 | 2024 Q4 | 2025 Q1 | 2025 Q2 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 2,141 | 2,192 | 2,422 | 2,242 | 1,957 | 1,850 | 1,791 | 1,911 | 1,969 | 1,871 | 2,301 | 2,371 | 2,411 | 2,340 | 2,353 |
| EBITDA 1 | 318.5 | 330 | 441.9 | 348.2 | 305 | 264.2 | 300.3 | 302.5 | 320.9 | 268.4 | 345 | 369.3 | 383.4 | 362.5 | 409.3 |
| EBIT 1 | 215 | 219.8 | 391 | 318.4 | 216.9 | 166.4 | 192.4 | 200.6 | 198.3 | 151.6 | 210.4 | 235.4 | 251.9 | 231.8 | 288.4 |
| Operating Margin | 10.04% | 10.03% | 16.14% | 14.2% | 11.08% | 8.99% | 10.74% | 10.49% | 10.07% | 8.1% | 9.14% | 9.93% | 10.45% | 9.91% | 12.26% |
| Earnings before Tax (EBT) 1 | 262.9 | 199.6 | 369.4 | 296.7 | 199.9 | 149.3 | 173.7 | 178.8 | 175 | 124.2 | 172.8 | 195.5 | 220.9 | 189.6 | 228.9 |
| Net income 1 | 144.1 | 147.7 | 276.8 | 245.2 | 153.5 | 111.9 | 128.2 | 133.3 | 131.4 | 92.85 | 130.5 | 146.8 | 157.7 | 138.2 | 176.2 |
| Net margin | 6.73% | 6.74% | 11.43% | 10.94% | 7.84% | 6.05% | 7.16% | 6.98% | 6.67% | 4.96% | 5.67% | 6.19% | 6.54% | 5.91% | 7.49% |
| EPS 2 | 1.520 | 1.570 | 3.000 | 2.720 | 1.740 | 1.270 | 1.470 | 1.540 | 1.530 | 1.090 | 1.563 | 1.748 | 1.872 | 1.728 | 2.220 |
| Dividend per Share 2 | 0.2700 | 0.2700 | 0.2700 | 0.2700 | 0.3500 | 0.3500 | 0.3500 | 0.3500 | 0.4000 | 0.4000 | 0.4194 | 0.4194 | 0.4369 | 0.6411 | 0.6411 |
| Announcement Date | 2/7/22 | 4/28/22 | 7/28/22 | 10/27/22 | 2/6/23 | 4/25/23 | 7/31/23 | 10/23/23 | 2/8/24 | 4/25/24 | - | - | - | - | - |
1USD in Million2USD
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net Debt 1 | 1,660 | 1,224 | 2,018 | 1,582 | 2,009 | 2,394 | 1,965 | 1,602 |
| Net Cash position 1 | - | - | - | - | - | - | - | - |
| Leverage (Debt/EBITDA) | 2.559 x | 1.75 x | 1.875 x | 1.11 x | 1.691 x | 1.737 x | 1.193 x | 0.8704 x |
| Free Cash Flow 1 | 227 | 545 | 701 | 881 | 776 | 819 | 977 | 1,055 |
| ROE (net income / shareholders' equity) | 21.8% | 20.3% | 24.9% | 30.7% | 20% | 21.5% | 26.1% | 25.3% |
| ROA (Net income/ Total Assets) | - | 8.15% | 10.4% | 12.8% | 8.57% | 8.58% | 10.3% | - |
| Assets 1 | - | 3,383 | 6,399 | 6,407 | 5,895 | 6,168 | 6,745 | - |
| Book Value Per Share 2 | 13.90 | 20.10 | 23.90 | 27.60 | 30.20 | 32.90 | 36.00 | 47.30 |
| Cash Flow per Share 2 | 5.710 | 6.850 | 9.820 | 10.90 | 11.80 | 11.10 | 12.40 | 12.50 |
| Capex 1 | 260 | 143 | 267 | 351 | 362 | 313 | 316 | 260 |
| Capex / Sales | 6.69% | 3.78% | 3.7% | 3.98% | 4.81% | 3.49% | 3.19% | 2.51% |
| Announcement Date | 2/10/20 | 2/8/21 | 2/7/22 | 2/6/23 | 2/8/24 | - | - | - |
1USD in Million2USD
Estimates
EPS & Dividend
Year-on-year evolution of the PER
Year-on-year evolution of the Yield
Change in Enterprise Value/EBITDA
Trading Rating
Investor Rating
ESG Refinitiv
C-
Sell
Buy
Mean consensus
BUY
Number of Analysts
20
Last Close Price
146.9
USD
Average target price
153.3
USD
Spread / Average Target
+4.38%
EPS Revisions
| 1st Jan change | Capi. | |
|---|---|---|
| +9.58% | 12.43B | |
| -11.61% | 39.71B | |
| -21.47% | 16.33B | |
| +4.12% | 12.31B | |
| -8.38% | 6.45B | |
| -18.43% | 2.23B | |
| +16.11% | 1.75B | |
| -16.06% | 1.46B | |
| +15.97% | 1.41B | |
| +244.97% | 1.26B |
- Stock Market
- Equities
- TFII Stock
- Financials TFI International Inc.
