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Textainer Group Holdings

DB:3T7
Snowflake Description

Good value with moderate growth potential.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
3T7
DB
$620M
Market Cap
  1. Home
  2. DE
  3. Capital Goods
Company description

Textainer Group Holdings Limited, through its subsidiaries, engages in the purchase, ownership, management, leasing, and disposal of a fleet of intermodal containers worldwide. The last earnings update was 25 days ago. More info.


Add to Portfolio Compare Print
  • Textainer Group Holdings has significant price volatility in the past 3 months.
3T7 Share Price and Events
7 Day Returns
-4.4%
DB:3T7
4.8%
DE Trade Distributors
1.8%
DE Market
1 Year Returns
-39.5%
DB:3T7
-7.1%
DE Trade Distributors
-8.9%
DE Market
3T7 Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Textainer Group Holdings (3T7) -4.4% -18.8% 10.5% -39.5% -15.4% -64.3%
DE Trade Distributors 4.8% 7.3% 21.8% -7.1% -0% 1.9%
DE Market 1.8% 2.7% 7.2% -8.9% 9.3% 11.7%
1 Year Return vs Industry and Market
  • 3T7 underperformed the Trade Distributors industry which returned -7.1% over the past year.
  • 3T7 underperformed the Market in Germany which returned -8.9% over the past year.
Price Volatility
3T7
Industry
5yr Volatility vs Market

3T7 Value

 Is Textainer Group Holdings undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
  • It is not possible to calculate the future cash flow value for Textainer Group Holdings. This is due to cash flow or dividend data being unavailable. The share price is €9.5.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Textainer Group Holdings's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Textainer Group Holdings's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
DB:3T7 PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in USD $0.88
NYSE:TGH Share Price ** NYSE (2019-03-18) in USD $10.65
Germany Trade Distributors Industry PE Ratio Median Figure of 7 Publicly-Listed Trade Distributors Companies 13.54x
Germany Market PE Ratio Median Figure of 423 Publicly-Listed Companies 19.52x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Textainer Group Holdings.

DB:3T7 PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= NYSE:TGH Share Price ÷ EPS (both in USD)

= 10.65 ÷ 0.88

12.09x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Textainer Group Holdings is good value based on earnings compared to the DE Trade Distributors industry average.
  • Textainer Group Holdings is good value based on earnings compared to the Germany market.
Price based on expected Growth
Does Textainer Group Holdings's expected growth come at a high price?
Raw Data
DB:3T7 PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 12.09x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 4 Analysts
27%per year
Europe Trade Distributors Industry PEG Ratio Median Figure of 29 Publicly-Listed Trade Distributors Companies 1.81x
Germany Market PEG Ratio Median Figure of 275 Publicly-Listed Companies 1.42x

*Line of best fit is calculated by linear regression .

DB:3T7 PEG (Price to Earnings to Growth) Ratio Calculation
Calculation Outcome
PEG Ratio

= PE Ratio ÷ Net Income Annual Growth Rate

= 12.09x ÷ 27%

0.45x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Textainer Group Holdings is good value based on expected growth next year.
Price based on value of assets
What value do investors place on Textainer Group Holdings's assets?
Raw Data
DB:3T7 PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in USD $21.10
NYSE:TGH Share Price * NYSE (2019-03-18) in USD $10.65
Germany Trade Distributors Industry PB Ratio Median Figure of 9 Publicly-Listed Trade Distributors Companies 1.23x
Germany Market PB Ratio Median Figure of 570 Publicly-Listed Companies 1.76x
DB:3T7 PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= NYSE:TGH Share Price ÷ Book Value per Share (both in USD)

= 10.65 ÷ 21.10

0.5x

* Primary Listing of Textainer Group Holdings.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Textainer Group Holdings is good value based on assets compared to the DE Trade Distributors industry average.
X
Value checks
We assess Textainer Group Holdings's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Trade Distributors industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Trade Distributors industry average (and greater than 0)? (1 check)
  5. Textainer Group Holdings has a total score of 4/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

3T7 Future Performance

 How is Textainer Group Holdings expected to perform in the next 1 to 3 years based on estimates from 4 analysts?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
27%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Textainer Group Holdings expected to grow at an attractive rate?
  • Textainer Group Holdings's earnings growth is expected to exceed the low risk savings rate of 0.2%.
Growth vs Market Checks
  • Textainer Group Holdings's earnings growth is expected to exceed the Germany market average.
  • Textainer Group Holdings's revenue growth is positive but not above the Germany market average.
Annual Growth Rates Comparison
Raw Data
DB:3T7 Future Growth Rates Data Sources
Data Point Source Value (per year)
DB:3T7 Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 4 Analysts 27%
DB:3T7 Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 4 Analysts 3%
Germany Trade Distributors Industry Earnings Growth Rate Market Cap Weighted Average 7.5%
Europe Trade Distributors Industry Revenue Growth Rate Market Cap Weighted Average 4.8%
Germany Market Earnings Growth Rate Market Cap Weighted Average 11.8%
Germany Market Revenue Growth Rate Market Cap Weighted Average 5.1%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
DB:3T7 Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 4 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
DB:3T7 Future Estimates Data
Date (Data in USD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2020-12-31 718 90 4
2019-12-31 665 82 4
DB:3T7 Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2018-12-31 677 252 50
2018-09-30 553 278 55
2018-06-30 529 264 72
2018-03-31 507 269 45
2017-12-31 491 251 19
2017-09-30 482 259 2
2017-06-30 477 251 -63
2017-03-31 484 254 -56
2016-12-31 496 278 -52
2016-09-30 506 308 -31
2016-06-30 523 339 27
2016-03-31 534 354 69

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Textainer Group Holdings's earnings are expected to grow significantly at over 20% yearly.
  • Textainer Group Holdings's revenue is expected to grow by 3% yearly, however this is not considered high growth (20% yearly).
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
DB:3T7 Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 4 Analyst Estimates (S&P Global) See Below

All data from Textainer Group Holdings Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:3T7 Future Estimates Data
Date (Data in USD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2020-12-31 1.56 1.64 1.47 2.00
2019-12-31 1.42 1.49 1.34 2.00
DB:3T7 Past Financials Data
Date (Data in USD Millions) EPS *
2018-12-31 0.88
2018-09-30 0.97
2018-06-30 1.26
2018-03-31 0.79
2017-12-31 0.34
2017-09-30 0.04
2017-06-30 -1.11
2017-03-31 -0.98
2016-12-31 -0.93
2016-09-30 -0.54
2016-06-30 0.48
2016-03-31 1.22

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Textainer Group Holdings is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).
X
Future performance checks
We assess Textainer Group Holdings's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Germany market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Europe market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Textainer Group Holdings has a total score of 3/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

3T7 Past Performance

  How has Textainer Group Holdings performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Textainer Group Holdings's growth in the last year to its industry (Trade Distributors).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Textainer Group Holdings's year on year earnings growth rate was negative over the past 5 years and the most recent earnings are below average.
  • Textainer Group Holdings's 1-year earnings growth exceeds its 5-year average (160.2% vs -43.6%)
  • Textainer Group Holdings's earnings growth has exceeded the DE Trade Distributors industry average in the past year (160.2% vs 27.7%).
Earnings and Revenue History
Textainer Group Holdings's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Textainer Group Holdings Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:3T7 Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-12-31 676.87 50.38 44.65
2018-09-30 552.69 55.35 43.58
2018-06-30 528.86 71.92 41.68
2018-03-31 507.40 45.06 38.33
2017-12-31 490.85 19.37 38.87
2017-09-30 481.73 2.02 38.52
2017-06-30 476.51 -63.19 54.33
2017-03-31 484.30 -55.72 55.34
2016-12-31 496.24 -52.48 55.71
2016-09-30 505.73 -30.68 53.96
2016-06-30 522.62 27.23 39.21
2016-03-31 533.75 69.37 40.29
2015-12-31 544.28 108.41 40.63
2015-09-30 558.19 129.14 43.95
2015-06-30 565.45 172.27 37.89
2015-03-31 566.82 165.02 36.70
2014-12-31 565.01 190.56 36.02
2014-09-30 556.96 192.50 35.71
2014-06-30 545.09 178.32 41.15
2014-03-31 535.63 194.12 42.65
2013-12-31 528.97 182.81 39.75
2013-09-30 518.78 197.84 37.29
2013-06-30 508.44 208.38 35.48
2013-03-31 498.34 205.37 33.67
2012-12-31 487.09 206.95 36.80
2012-09-30 476.19 201.30 37.82
2012-06-30 463.36 196.44 39.03
2012-03-31 449.11 202.33 38.93

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • Textainer Group Holdings has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Textainer Group Holdings used its assets less efficiently than the DE Trade Distributors industry average last year based on Return on Assets.
  • Textainer Group Holdings's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess Textainer Group Holdings's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Trade Distributors industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Textainer Group Holdings has a total score of 2/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

3T7 Health

 How is Textainer Group Holdings's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Textainer Group Holdings's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Textainer Group Holdings is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Textainer Group Holdings's long term commitments exceed its cash and other short term assets.
Balance sheet
This treemap shows a more detailed breakdown of Textainer Group Holdings's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • Low level of unsold assets.
  • Debt is not covered by short term assets, assets are 0.1x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Textainer Group Holdings Company Filings, last reported 2 months ago.

DB:3T7 Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 1,240.24 3,413.47 137.30
2018-09-30 1,256.05 3,199.26 154.57
2018-06-30 1,250.28 3,236.15 153.14
2018-03-31 1,232.15 3,170.19 180.69
2017-12-31 1,210.28 2,990.39 137.89
2017-09-30 1,192.54 2,821.46 125.37
2017-06-30 1,170.40 2,930.62 138.73
2017-03-31 1,178.34 2,976.98 94.02
2016-12-31 1,184.79 3,039.50 84.05
2016-09-30 1,185.84 3,019.38 91.59
2016-06-30 1,238.18 3,013.82 104.75
2016-03-31 1,251.27 3,053.72 115.65
2015-12-31 1,265.89 3,007.06 115.59
2015-09-30 1,265.47 3,060.50 94.21
2015-06-30 1,283.56 3,108.13 92.69
2015-03-31 1,265.65 3,061.73 100.83
2014-12-31 1,252.37 2,998.20 107.07
2014-09-30 1,231.01 2,769.90 86.92
2014-06-30 1,196.07 2,696.95 102.43
2014-03-31 1,185.62 2,712.38 90.52
2013-12-31 1,145.49 2,671.28 120.22
2013-09-30 1,121.67 2,591.65 136.95
2013-06-30 1,104.18 2,444.57 92.76
2013-03-31 1,076.05 2,387.86 76.97
2012-12-31 1,046.13 2,272.52 100.13
2012-09-30 974.09 1,925.60 113.59
2012-06-30 756.66 1,719.16 82.15
2012-03-31 726.36 1,583.13 76.43
  • Textainer Group Holdings's level of debt (275.2%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (233.1% vs 275.2% today).
  • Debt is not well covered by operating cash flow (7.4%, less than 20% of total debt).
  • Interest payments on debt are not well covered by earnings (EBIT is 1.6x annual interest expense, ideally 3x coverage).
X
Financial health checks
We assess Textainer Group Holdings's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Textainer Group Holdings has a total score of 1/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

3T7 Dividends

 What is Textainer Group Holdings's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Textainer Group Holdings dividends. Estimated to be 0% next year.
If you bought €2,000 of Textainer Group Holdings shares you are expected to receive €0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Textainer Group Holdings's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Textainer Group Holdings's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
DB:3T7 Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 4 Analyst Estimates (S&P Global) See Below
Germany Trade Distributors Industry Average Dividend Yield Market Cap Weighted Average of 6 Stocks 2.7%
Germany Market Average Dividend Yield Market Cap Weighted Average of 331 Stocks 3.1%
Germany Minimum Threshold Dividend Yield 10th Percentile 0.8%
Germany Bottom 25% Dividend Yield 25th Percentile 1.5%
Germany Top 25% Dividend Yield 75th Percentile 3.9%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

DB:3T7 Future Dividends Estimate Data
Date (Data in $) Dividend per Share (annual) Avg. No. Analysts
2020-12-31
2019-12-31 0.00 1.00
DB:3T7 Past Annualized Dividends Data
Date (Data in $) Dividend per share (annual) Avg. Yield (%)
2018-05-09 0.000 0.000
2018-05-08 0.000 0.000
2018-03-14 0.000 0.000
2018-02-15 0.000 0.000
2017-11-13 0.000 0.000
2017-11-09 0.000 0.000
2017-08-14 0.000 0.000
2017-08-08 0.000 0.000
2017-05-17 0.000 0.000
2017-05-04 0.000 0.000
2017-03-27 0.000 0.000
2017-02-16 0.000 0.000
2016-11-10 0.000 0.000
2016-11-08 0.000 0.000
2016-08-11 0.120 1.496
2016-08-09 0.120 1.273
2016-05-11 0.960 8.085
2016-05-04 0.960 6.782
2016-03-11 0.960 6.829
2016-02-11 0.960 8.521
2015-11-10 0.960 7.758
2015-11-03 0.960 6.411
2015-08-11 1.880 10.681
2015-08-04 1.880 10.086
2015-05-12 1.880 7.085
2015-05-05 1.880 6.276
2015-03-13 1.880 6.154
2015-02-17 1.880 5.923
2014-11-04 1.880 5.549
2014-08-06 1.880 5.603
2014-05-06 1.880 4.907
2014-02-11 1.880 4.979
2013-11-05 1.880 5.028
2013-08-06 1.880 5.093
2013-05-07 1.840 5.007
2013-02-12 1.800 4.475
2012-11-06 1.760 5.293
2012-08-07 1.680 5.084
2012-05-08 1.600 4.489
2012-02-14 1.480 4.409
2011-11-04 1.400 4.872
2011-08-09 1.320 5.694
2011-05-05 1.240 4.308
2011-02-10 1.160 3.299
2010-11-04 1.080 3.650
2010-08-12 1.000 3.737
2010-05-05 0.960 3.825
2010-02-10 0.920 4.254
2009-11-04 0.920 5.639
2009-08-11 0.920 6.047
2009-05-06 0.920 8.178
2009-03-19 0.920 12.443

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Textainer Group Holdings has not reported any payouts.
  • Unable to verify if Textainer Group Holdings's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Textainer Group Holdings's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Textainer Group Holdings has not reported any payouts.
Future Payout to shareholders
  • No need to calculate the sustainability of Textainer Group Holdings's dividends in 3 years as they are not expected to pay a notable one for Germany.
X
Income/ dividend checks
We assess Textainer Group Holdings's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.8%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Textainer Group Holdings afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Textainer Group Holdings has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

3T7 Management

 What is the CEO of Textainer Group Holdings's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Olivier Ghesquiere
AGE 51
TENURE AS CEO 0.6 years
CEO Bio

Mr. Olivier Ghesquiere has been President, Chief Executive Officer and Director of Textainer Group Holdings Limited since August 13, 2018. Mr. Ghesquiere served as an Executive Vice President of Leasing at Textainer Group Holdings Limited since January 1, 2017 until August 13, 2018. He joined Textainer in December 2015 as Senior Vice President of Sales & Marketing until January 1, 2017. He served as the Chief Executive Officer of Groupe Ermewa S.A. from 2013 to 2015, where he was responsible for growing the railcar and locomotive fleet to become the second largest in Europe. Mr. Ghesquiere served as Chief Operating Officer and Executive Director of Groupe Ermewa S.A. Prior to Groupe Ermewa S.A., he served as the Managing Director for Eurotainer S.A. where he developed their tank container business focusing on higher value segments of the market. From 2003 to 2008, he was Managing Director at Eurotainer Worldwide where he helped establish their reputation as a leader in specialized tank container leasing. Mr. Ghesquiere has over 25 years of knowledge and expertise in the leasing of transportation assets, specifically railcars, locomotives, tanks and specialized containers. He held various management positions in Singapore, Belgium, and France for the Brambles Group. He started his career with Homma Kinzoku, a computer controlled machine tool maker in Osaka, Japan. He has managed all aspects of the global leasing business, including office openings, sales and marketing, finance and asset management. Mr. Ghesquiere has served as Vice Chairman and Chairman of the International Tank Container Organization (ITCO) leasing committee. Mr. Ghesquiere holds a Masters in Applied Economics from the Louvain School of Management, Belgium.

CEO Compensation
  • Insufficient data for Olivier to compare compensation growth.
  • Insufficient data for Olivier to establish whether their remuneration is reasonable compared to companies of similar size in Germany.
Management Team Tenure

Average tenure of the Textainer Group Holdings management team in years:

0.5
Average Tenure
  • The average tenure for the Textainer Group Holdings management team is less than 2 years, this suggests a new team.
Management Team

Olivier Ghesquiere

TITLE
President
AGE
51
TENURE
0.6 yrs

Michael Chan

TITLE
Executive VP & CFO
TENURE
0.5 yrs

Jack Figueira

TITLE
Vice President of Operations and Procurement
TENURE
0.5 yrs

Deanna Robinson

TITLE
Global Human Resources Senior Director
TENURE
0.7 yrs

Adam Hopkin

TITLE
Company Secretary
Board of Directors Tenure

Average tenure and age of the Textainer Group Holdings board of directors in years:

2.8
Average Tenure
66.5
Average Age
  • The average tenure for the Textainer Group Holdings board of directors is less than 3 years, this suggests a new board.
Board of Directors

Hyman Shwiel

TITLE
Chairman of the Board
AGE
74
TENURE
2.8 yrs

Olivier Ghesquiere

TITLE
President
AGE
51
TENURE
0.6 yrs

Dudley Cottingham

TITLE
Director
AGE
66
TENURE
25.3 yrs

Robert Pedersen

TITLE
Director
AGE
58
TENURE
1.9 yrs

Hennie van der Merwe

TITLE
Director
AGE
70
TENURE
1.6 yrs

John Maccarone

TITLE
Director
AGE
73
TENURE
25.3 yrs

David Nurek

TITLE
Director
AGE
67
TENURE
11.5 yrs

Iain Brown

TITLE
Director
AGE
54
TENURE
2.8 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (€) Value (€)
X
Management checks
We assess Textainer Group Holdings's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Textainer Group Holdings has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

3T7 News

Simply Wall St News

3T7 Company Info

Description

Textainer Group Holdings Limited, through its subsidiaries, engages in the purchase, ownership, management, leasing, and disposal of a fleet of intermodal containers worldwide. It operates through three segments: Container Ownership, Container Management, and Container Resale. The company owns and leases standard dry freight containers, refrigerated, and other special-purpose containers. It also provides container management, acquisition, and disposal services to affiliated and unaffiliated container investors. In addition, the company sells containers from its fleet, as well as purchases, leases, or resells containers from shipping line customers, container traders, and other sellers of containers. It operates a fleet of approximately 2.2 million containers, representing 3.3 million twenty-foot equivalent units. The company primarily serves shipping lines, as well as freight forwarding companies and the United States military. Textainer Group Holdings Limited was founded in 1979 and is headquartered in Hamilton, Bermuda.

Details
Name: Textainer Group Holdings Limited
3T7
Exchange: DB
Founded: 1979
$546,914,042
57,402,164
Website: http://www.textainer.com
Address: Textainer Group Holdings Limited
Century House,
16 Par-la-Ville Road,
Hamilton,
HM 08,
Bermuda
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
NYSE TGH Common Shares New York Stock Exchange US USD 10. Oct 2007
DB 3T7 Common Shares Deutsche Boerse AG DE EUR 10. Oct 2007
Number of employees
Current staff
Staff numbers
164
Textainer Group Holdings employees.
Industry
Trading Companies and Distributors
Capital Goods
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/03/18 21:18
End of day share price update: 2019/03/18 00:00
Last estimates confirmation: 2019/02/25
Last earnings filing: 2019/02/21
Last earnings reported: 2018/12/31
Last annual earnings reported: 2018/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.