Logwin
Market Cap
€360.5m
Last Updated
2020/03/31 22:55 UTC
Data Sources
Company Financials +
Executive Summary
Logwin AG provides logistics and transport solutions for industry and commerce worldwide.
Rewards
Risk Analysis
Earnings are forecast to decline by an average of -1.1% per year for the next 3 years
Snowflake Analysis
Flawless balance sheet and undervalued.
Similar Companies
Share Price & News
How has Logwin's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: TGHN's share price has been volatile over the past 3 months.
Market Performance
7 Day Return
9.6%
TGHN
7.6%
DE Logistics
2.2%
DE Market
1 Year Return
-19.4%
TGHN
-10.6%
DE Logistics
-17.2%
DE Market
Return vs Industry: TGHN underperformed the German Logistics industry which returned -11.2% over the past year.
Return vs Market: TGHN underperformed the German Market which returned -17.5% over the past year.
Shareholder returns
| TGHN | Industry | Market | |
|---|---|---|---|
| 7 Day | 9.6% | 7.6% | 2.2% |
| 30 Day | -17.2% | -9.4% | -15.7% |
| 90 Day | -21.4% | -23.1% | -24.0% |
| 1 Year | -17.6%-19.4% | -7.8%-10.6% | -14.9%-17.2% |
| 3 Year | n/a | -1.5%-10.7% | -16.4%-23.3% |
| 5 Year | n/a | 10.2%-6.2% | -16.5%-27.8% |
Price Volatility Vs. Market
How volatile is Logwin's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 weeks ago | Simply Wall St
Should Logwin AG's (ETR:TGHN) Recent Earnings Decline Worry You?1 month ago | Simply Wall St
What Type Of Shareholder Owns Logwin AG's (ETR:TGHN)?2 months ago | Simply Wall St
Does Logwin AG (ETR:TGHN) Have A Good P/E Ratio?Valuation
Is Logwin undervalued compared to its fair value and its price relative to the market?
46.3%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: TGHN (€124) is trading below our estimate of fair value (€232.81)
Significantly Below Fair Value: TGHN is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: TGHN is good value based on its PE Ratio (10.3x) compared to the Logistics industry average (11.6x).
PE vs Market: TGHN is good value based on its PE Ratio (10.3x) compared to the German market (16.3x).
Price to Earnings Growth Ratio
PEG Ratio: TGHN's earnings are forecast to decline next year, so we can't calculate its PEG ratio.
Price to Book Ratio
PB vs Industry: TGHN is good value based on its PB Ratio (1.7x) compared to the XE Logistics industry average (1.8x).
Next Steps
Future Growth
How is Logwin forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
-1.1%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: TGHN's earnings are forecast to decline over the next 3 years (-1.1% per year).
Earnings vs Market: TGHN's earnings are forecast to decline over the next 3 years (-1.1% per year).
High Growth Earnings: TGHN's earnings are forecast to decline over the next 3 years.
Revenue vs Market: TGHN's revenue (1.4% per year) is forecast to grow slower than the German market (4.1% per year).
High Growth Revenue: TGHN's revenue (1.4% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: TGHN's Return on Equity is forecast to be low in 3 years time (12.7%).
Next Steps
Past Performance
How has Logwin performed over the past 5 years?
21.7%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: TGHN has high quality earnings.
Growing Profit Margin: TGHN's current net profit margins (3.1%) are lower than last year (3.4%).
Past Earnings Growth Analysis
Earnings Trend: TGHN's earnings have grown significantly by 21.7% per year over the past 5 years.
Accelerating Growth: TGHN's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: TGHN had negative earnings growth (-9.8%) over the past year, making it difficult to compare to the Logistics industry average (14.4%).
Return on Equity
High ROE: TGHN's Return on Equity (17%) is considered low.
Next Steps
Financial Health
How is Logwin's financial position?
Financial Position Analysis
Short Term Liabilities: TGHN's short term assets (€371.4M) exceed its short term liabilities (€275.7M).
Long Term Liabilities: TGHN's short term assets (€371.4M) exceed its long term liabilities (€103.2M).
Debt to Equity History and Analysis
Debt Level: TGHN's debt to equity ratio (0.04%) is considered satisfactory.
Reducing Debt: TGHN's debt to equity ratio has reduced from 1.3% to 0.04% over the past 5 years.
Debt Coverage: TGHN's debt is well covered by operating cash flow (82832.9%).
Interest Coverage: TGHN's interest payments on its debt are well covered by EBIT (11.4x coverage).
Balance Sheet
Inventory Level: TGHN has a high level of physical assets or inventory.
Debt Coverage by Assets: TGHN's debt is covered by short term assets (assets are 4701.3x debt).
Next Steps
Dividend
What is Logwin's current dividend yield, its reliability and sustainability?
2.80%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: TGHN's dividend (2.82%) is higher than the bottom 25% of dividend payers in the German market (1.68%).
High Dividend: TGHN's dividend (2.82%) is low compared to the top 25% of dividend payers in the German market (4.97%).
Stability and Growth of Payments
Stable Dividend: Whilst dividend payments have been stable, TGHN has been paying a dividend for less than 10 years.
Growing Dividend: TGHN's dividend payments have increased, but the company has only paid a dividend for 2 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (29%), TGHN's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: TGHN's dividends in 3 years are forecast to be well covered by earnings (30.1% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
3.8yrs
Average board tenure
CEO
Antonius Wagner (58yo)
5.83s
Tenure
Dr. Antonius Wagner has been Chief Executive Officer of DELTON AG since May 2014. Dr. Wagner has been the Chief Executive Officer of Logwin AG since April 9, 2014. Dr. Wagner has a Member of Executive Boar ...
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman & CEO | 5.83yrs | no data | no data | |
| Deputy Chairman & CFO | 1.83yrs | no data | no data | |
| Non-Executive Director | 13.83yrs | no data | no data | |
| Non-Executive Director | 1.83yrs | no data | no data |
3.8yrs
Average Tenure
51.5yo
Average Age
Experienced Board: TGHN's board of directors are considered experienced (3.8 years average tenure).
Ownership
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.
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Logwin AG's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Logwin AG
- Ticker: TGHN
- Exchange: XTRA
- Founded: 1877
- Industry: Air Freight and Logistics
- Sector: Transportation
- Market Cap: €360.549m
- Shares outstanding: 2.88m
- Website: https://www.logwin-logistics.com
Number of Employees
Location
- Logwin AG
- 5, an de Längten
- ZIR Potaschberg
- Grevenmacher
- 6776
- Luxembourg
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| 0RPL | LSE (London Stock Exchange) | NPV (POST SPLIT) | GB | EUR | May 2017 | |
| TGHA | DB (Deutsche Boerse AG) | NPV (POST SPLIT) | DE | EUR | May 2017 | |
| TGHA | XTRA (XETRA Trading Platform) | NPV (POST SPLIT) | DE | EUR | May 2017 | |
| TGHN | DB (Deutsche Boerse AG) | Yes | Registered Shares | DE | EUR | Jun 2017 |
| 0RQG | LSE (London Stock Exchange) | Yes | Registered Shares | GB | EUR | Jun 2017 |
| TGHN | XTRA (XETRA Trading Platform) | Yes | Registered Shares | DE | EUR | Jun 2017 |
Biography
Logwin AG provides logistics and transport solutions for industry and commerce worldwide. It operates in two segments, Air + Ocean and Solutions. The Air + Ocean segment engages in the intercontinental air and ocean freight activities. The Solutions segment offers individual customer and industry oriented solutions, including supply chain management, transportation, warehousing, value-added services, and outsourcing projects. The company serves various industries, such as industrial engineering, automotive, chemical, electronics and high tech, consumer goods, retail, and fashion. Logwin AG was founded in 1877 and is based in Grevenmacher, Luxembourg. Logwin AG is a subsidiary of DELTON Logistics S.á r.l.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/03/31 22:55 |
| End of Day Share Price | 2020/03/31 00:00 |
| Earnings | 2019/12/31 |
| Annual Earnings | 2019/12/31 |
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.