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TKTT

Tarkett ENXTPA:TKTT Stock Report

Last Price

€13.00

Market Cap

€847.3m

7D

-0.8%

1Y

-35.8%

Updated

24 May, 2022

Data

Company Financials +
TKTT fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance1/6
Financial Health4/6
Dividends0/6

TKTT Stock Overview

Tarkett S.A., a flooring company, provides flooring and sports surface solutions to business and residential end users worldwide.

Tarkett Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Tarkett
Historical stock prices
Current Share Price€13.00
52 Week High€21.40
52 Week Low€12.18
Beta1.53
1 Month Change1.56%
3 Month Change-20.24%
1 Year Change-35.80%
3 Year Change-31.97%
5 Year Change-70.73%
Change since IPO-52.55%

Recent News & Updates

Shareholder Returns

TKTTFR BuildingFR Market
7D-0.8%-1.7%-1.5%
1Y-35.8%-4.5%-18.8%

Return vs Industry: TKTT underperformed the French Building industry which returned -4.5% over the past year.

Return vs Market: TKTT underperformed the French Market which returned -18.8% over the past year.

Price Volatility

Is TKTT's price volatile compared to industry and market?
TKTT volatility
TKTT Average Weekly Movement6.8%
Building Industry Average Movement5.6%
Market Average Movement6.0%
10% most volatile stocks in FR Market10.2%
10% least volatile stocks in FR Market3.5%

Stable Share Price: TKTT is not significantly more volatile than the rest of French stocks over the past 3 months, typically moving +/- 7% a week.

Volatility Over Time: TKTT's weekly volatility (7%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
188612,008Fabrice Barthélemyhttps://www.tarkett.com

Tarkett S.A., a flooring company, provides flooring and sports surface solutions to business and residential end users worldwide. The company’s products include heterogeneous and homogeneous vinyl, laminate, wood, carpet rolls and tiles, linoleum, and artificial grass and tracks. It offers its products for use in the home, education, workplace, health and aged care, stores and shops, hospitality, travel, leisure, marine, aviation, transport, industry and life science, and sports and wellness market segments.

Tarkett Fundamentals Summary

How do Tarkett's earnings and revenue compare to its market cap?
TKTT fundamental statistics
Market Cap€847.30m
Earnings (TTM)€15.10m
Revenue (TTM)€2.79b

56.1x

P/E Ratio

0.3x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
TKTT income statement (TTM)
Revenue€2.79b
Cost of Revenue€2.24b
Gross Profit€557.10m
Other Expenses€542.00m
Earnings€15.10m

Last Reported Earnings

Dec 31, 2021

Next Earnings Date

Jul 26, 2022

Earnings per share (EPS)0.23
Gross Margin19.95%
Net Profit Margin0.54%
Debt/Equity Ratio68.2%

How did TKTT perform over the long term?

See historical performance and comparison

Valuation

Is Tarkett undervalued compared to its fair value and its price relative to the market?

Valuation Score

0/6

Valuation Score 0/6

  • Below Fair Value

  • Significantly Below Fair Value

  • PE vs Industry

  • PE vs Market

  • PEG Ratio

  • PB vs Industry


56.11x

Price to Earnings (PE) ratio

Share Price vs. Fair Value

Below Fair Value: TKTT (€13) is trading above our estimate of fair value (€2.78)

Significantly Below Fair Value: TKTT is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: TKTT is poor value based on its Price-To-Earnings Ratio (56.1x) compared to the French Building industry average (17.5x).

PE vs Market: TKTT is poor value based on its Price-To-Earnings Ratio (56.1x) compared to the French market (16.1x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate TKTT's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: TKTT's Price-To-Book Ratio (1x) is in line with the FR Building industry average.


Future Growth

How is Tarkett forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?

Future Growth Score

0/6

Future Growth Score 0/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


4.9%

Forecasted annual revenue growth

Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: Insufficient data to determine if TKTT's forecast earnings growth is above the savings rate (0.3%).

Earnings vs Market: Insufficient data to determine if TKTT's earnings are forecast to grow faster than the French market

High Growth Earnings: Insufficient data to determine if earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: TKTT's revenue (4.9% per year) is forecast to grow slower than the French market (5.8% per year).

High Growth Revenue: TKTT's revenue (4.9% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: TKTT's Return on Equity is forecast to be low in 3 years time (6.1%).


Past Performance

How has Tarkett performed over the past 5 years?

Past Performance Score

1/6

Past Performance Score 1/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


-15.2%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: TKTT has a large one-off loss of €21.7M impacting its December 31 2021 financial results.

Growing Profit Margin: TKTT became profitable in the past.


Past Earnings Growth Analysis

Earnings Trend: TKTT's earnings have declined by 15.2% per year over the past 5 years.

Accelerating Growth: TKTT has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: TKTT has become profitable in the last year, making it difficult to compare its past year earnings growth to the Building industry (50%).


Return on Equity

High ROE: TKTT's Return on Equity (1.8%) is considered low.


Financial Health

How is Tarkett's financial position?

Financial Health Score

4/6

Financial Health Score 4/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: TKTT's short term assets (€1.1B) exceed its short term liabilities (€788.4M).

Long Term Liabilities: TKTT's short term assets (€1.1B) exceed its long term liabilities (€789.7M).


Debt to Equity History and Analysis

Debt Level: TKTT's net debt to equity ratio (43.8%) is considered high.

Reducing Debt: TKTT's debt to equity ratio has increased from 50.2% to 68.2% over the past 5 years.

Debt Coverage: TKTT's debt is well covered by operating cash flow (20.5%).

Interest Coverage: TKTT's interest payments on its debt are well covered by EBIT (4.4x coverage).


Balance Sheet


Dividend

What is Tarkett current dividend yield, its reliability and sustainability?

Dividend Score

0/6

Dividend Score 0/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Future Dividend Coverage


1.29%

Forecast Dividend Yield

Dividend Yield vs Market

Notable Dividend: Unable to evaluate TKTT's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate TKTT'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 TKTT's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if TKTT's dividend payments have been increasing.


Earnings Payout to Shareholders

Earnings Coverage: TKTT is not paying a notable dividend for the French market.


Cash Payout to Shareholders

Cash Flow Coverage: Unable to calculate sustainability of dividends as TKTT has not reported any payouts.


Discover strong dividend paying companies

Management

How experienced are the management team and are they aligned to shareholders interests?

3.2yrs

Average management tenure


CEO

Fabrice Barthélemy (53 yo)

14yrs

Tenure

€1,794,646

Compensation

Mr. Fabrice Barthélemy has been Chairman of Management Board and Chief Executive Officer at Tarkett SAS since January 14, 2019 and served as Acting President of EMEA & Latin America division since February...


CEO Compensation Analysis

Compensation vs Market: Fabrice's total compensation ($USD1.93M) is above average for companies of similar size in the French market ($USD524.06K).

Compensation vs Earnings: Fabrice's compensation has been consistent with company performance over the past year.


Leadership Team

Experienced Management: TKTT's management team is considered experienced (3.2 years average tenure).


Board Members

Experienced Board: TKTT's board of directors are considered experienced (4.3 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.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Tarkett S.A.'s employee growth, exchange listings and data sources


Key Information

  • Name: Tarkett S.A.
  • Ticker: TKTT
  • Exchange: ENXTPA
  • Founded: 1886
  • Industry: Building Products
  • Sector: Capital Goods
  • Implied Market Cap: €847.296m
  • Shares outstanding: 65.18m
  • Website: https://www.tarkett.com

Number of Employees


Location

  • Tarkett S.A.
  • 1 Terrasse Bellini
  • Tour Initiale
  • Paris
  • Ile-de-France
  • 92919
  • France

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/05/24 00:00
End of Day Share Price2022/05/24 00:00
Earnings2021/12/31
Annual Earnings2021/12/31


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.