TESB Stock Overview
Tessenderlo Group NV, together with its subsidiaries, engages in the agriculture, valorizing bio-residuals, energy, and industrial solution businesses worldwide.
Tessenderlo Group Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||€32.00|
|52 Week High||€37.45|
|52 Week Low||€30.15|
|1 Month Change||-3.76%|
|3 Month Change||-2.14%|
|1 Year Change||-8.18%|
|3 Year Change||9.97%|
|5 Year Change||-17.28%|
|Change since IPO||164.68%|
Recent News & Updates
These 4 Measures Indicate That Tessenderlo Group (EBR:TESB) Is Using Debt Safely
Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
Tessenderlo Group (EBR:TESB) Has A Pretty Healthy Balance Sheet
Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
Here's Why Tessenderlo Group (EBR:TESB) Can Manage Its Debt Responsibly
Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
Are Investors Undervaluing Tessenderlo Group NV (EBR:TESB) By 37%?
How far off is Tessenderlo Group NV ( EBR:TESB ) from its intrinsic value? Using the most recent financial data, we'll...
Does Tessenderlo Group (EBR:TESB) Have A Healthy Balance Sheet?
David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
|TESB||BE Chemicals||BE Market|
Return vs Industry: TESB exceeded the Belgian Chemicals industry which returned -14.8% over the past year.
Return vs Market: TESB underperformed the Belgian Market which returned -4.1% over the past year.
|TESB Average Weekly Movement||4.0%|
|Chemicals Industry Average Movement||4.9%|
|Market Average Movement||4.8%|
|10% most volatile stocks in BE Market||7.7%|
|10% least volatile stocks in BE Market||2.8%|
Stable Share Price: TESB is not significantly more volatile than the rest of Belgian stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: TESB's weekly volatility (4%) has been stable over the past year.
About the Company
Tessenderlo Group NV, together with its subsidiaries, engages in the agriculture, valorizing bio-residuals, energy, and industrial solution businesses worldwide. It operates through four segments: Agro, Bio-Valorization, Industrial Solutions, and T-Power. The Agro segment engages in the production, marketing, and trading of crop nutrients, including liquid crop and potassium sulfate fertilizers, as well as crop protection products.
Tessenderlo Group Fundamentals Summary
|TESB fundamental statistics|
Is TESB overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|TESB income statement (TTM)|
|Cost of Revenue||€1.53b|
Last Reported Earnings
Dec 31, 2021
Next Earnings Date
Aug 25, 2022
|Earnings per share (EPS)||4.35|
|Net Profit Margin||9.02%|
How did TESB perform over the long term?See historical performance and comparison
Is Tessenderlo Group undervalued compared to its fair value and its price relative to the market?
Valuation Score 5/6
Below Fair Value
Significantly Below Fair Value
PE vs Industry
PE vs Market
PB vs Industry
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: TESB (€32) is trading below our estimate of fair value (€71.43)
Significantly Below Fair Value: TESB is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: TESB is good value based on its Price-To-Earnings Ratio (7.4x) compared to the Belgian Chemicals industry average (7.7x).
PE vs Market: TESB is good value based on its Price-To-Earnings Ratio (7.4x) compared to the Belgian market (11.4x).
Price to Earnings Growth Ratio
PEG Ratio: TESB's earnings are forecast to decline next year, so we can't calculate its PEG ratio.
Price to Book Ratio
PB vs Industry: TESB is good value based on its Price-To-Book Ratio (1.2x) compared to the BE Chemicals industry average (2.3x).
How is Tessenderlo Group forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?
Future Growth Score1/6
Future Growth Score 1/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: TESB's earnings are forecast to decline over the next 3 years (-1.6% per year).
Earnings vs Market: TESB's earnings are forecast to decline over the next 3 years (-1.6% per year).
High Growth Earnings: TESB's earnings are forecast to decline over the next 3 years.
Revenue vs Market: TESB's revenue (2.8% per year) is forecast to grow faster than the Belgian market (0.9% per year).
High Growth Revenue: TESB's revenue (2.8% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: TESB's Return on Equity is forecast to be low in 3 years time (11.4%).
How has Tessenderlo Group performed over the past 5 years?
Past Performance Score5/6
Past Performance Score 5/6
Growing Profit Margin
Earnings vs Industry
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: TESB has high quality earnings.
Growing Profit Margin: TESB's current net profit margins (9%) are higher than last year (5.7%).
Past Earnings Growth Analysis
Earnings Trend: TESB's earnings have grown by 18.3% per year over the past 5 years.
Accelerating Growth: TESB's earnings growth over the past year (89.5%) exceeds its 5-year average (18.3% per year).
Earnings vs Industry: TESB earnings growth over the past year (89.5%) exceeded the Chemicals industry 58.3%.
Return on Equity
High ROE: TESB's Return on Equity (16.6%) is considered low.
How is Tessenderlo Group's financial position?
Financial Health Score6/6
Financial Health Score 6/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: TESB's short term assets (€1.1B) exceed its short term liabilities (€597.8M).
Long Term Liabilities: TESB's short term assets (€1.1B) exceed its long term liabilities (€477.9M).
Debt to Equity History and Analysis
Debt Level: TESB's net debt to equity ratio (3%) is considered satisfactory.
Reducing Debt: TESB's debt to equity ratio has reduced from 42.2% to 32.2% over the past 5 years.
Debt Coverage: TESB's debt is well covered by operating cash flow (68.1%).
Interest Coverage: TESB earns more interest than it pays, so coverage of interest payments is not a concern.
What is Tessenderlo Group current dividend yield, its reliability and sustainability?
Dividend Score 0/6
Future Dividend Coverage
Dividend Yield vs Market
Notable Dividend: Unable to evaluate TESB's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate TESB's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if TESB's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if TESB's dividend payments have been increasing.
Earnings Payout to Shareholders
Earnings Coverage: TESB is not paying a notable dividend for the Belgian market.
Cash Payout to Shareholders
Cash Flow Coverage: Unable to calculate sustainability of dividends as TESB has not reported any payouts.
Discover strong dividend paying companies
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Luc Tack (60 yo)
Mr. Luc Tack has been Chief Executive Officer of Tessenderlo Group NV (formerly known as Tessenderlo Chemie NV) since December 18, 2013 and its Executive Director since November 13, 2013. Mr. Tack has been...
CEO Compensation Analysis
Compensation vs Market: Luc's total compensation ($USD39.10K) is below average for companies of similar size in the Belgian market ($USD590.75K).
Compensation vs Earnings: Luc's compensation has been consistent with company performance over the past year.
Experienced Board: TESB's board of directors are considered experienced (6.7 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Tessenderlo Group NV's employee growth, exchange listings and data sources
- Name: Tessenderlo Group NV
- Ticker: TESB
- Exchange: ENXTBR
- Founded: 1919
- Industry: Diversified Chemicals
- Sector: Materials
- Implied Market Cap: €1.381b
- Shares outstanding: 43.15m
- Website: https://www.tessenderlo.com
Number of Employees
- Tessenderlo Group NV
- Troonstraat 130 rue du TrOne
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/05/28 00:00|
|End of Day Share Price||2022/05/27 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.