Tessenderlo Group NV, together with its subsidiaries, engages in the agriculture, valorizing bioresiduals, energy, and industrial solution businesses worldwide. More Details
Undervalued with excellent balance sheet.
Share Price & News
How has Tessenderlo Group's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: Insufficient data to determine TESBB's volatility over the past 3 months.
Volatility Over Time: Insufficient data to determine TESBB's volatility change over the past year.
7 Day Return
1 Year Return
Return vs Industry: TESBB underperformed the UK Chemicals industry which returned 48.9% over the past year.
Return vs Market: TESBB exceeded the UK Market which returned 26.5% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is Tessenderlo Group's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Is Tessenderlo Group undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: TESBB (€35.75) is trading below our estimate of fair value (€57.56)
Significantly Below Fair Value: TESBB is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: TESBB is good value based on its PE Ratio (15.7x) compared to the GB Chemicals industry average (43.4x).
PE vs Market: TESBB is good value based on its PE Ratio (15.7x) compared to the UK market (26.1x).
Price to Earnings Growth Ratio
PEG Ratio: TESBB is poor value based on its PEG Ratio (1.1x)
Price to Book Ratio
PB vs Industry: TESBB is good value based on its PB Ratio (1.7x) compared to the GB Chemicals industry average (3.5x).
How is Tessenderlo Group forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: TESBB's forecast earnings growth (13.8% per year) is above the savings rate (0.9%).
Earnings vs Market: TESBB's earnings (13.8% per year) are forecast to grow slower than the UK market (17.5% per year).
High Growth Earnings: TESBB's earnings are forecast to grow, but not significantly.
Revenue vs Market: TESBB's revenue (2.8% per year) is forecast to grow slower than the UK market (5.3% per year).
High Growth Revenue: TESBB'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: TESBB's Return on Equity is forecast to be low in 3 years time (14%).
How has Tessenderlo Group performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: TESBB has high quality earnings.
Growing Profit Margin: TESBB's current net profit margins (5.7%) are higher than last year (5.5%).
Past Earnings Growth Analysis
Earnings Trend: TESBB's earnings have grown by 8.2% per year over the past 5 years.
Accelerating Growth: TESBB's earnings growth over the past year (2.9%) is below its 5-year average (8.2% per year).
Earnings vs Industry: TESBB earnings growth over the past year (2.9%) exceeded the Chemicals industry -12.7%.
Return on Equity
High ROE: TESBB's Return on Equity (10.9%) is considered low.
How is Tessenderlo Group's financial position?
Financial Position Analysis
Short Term Liabilities: TESBB's short term assets (€860.5M) exceed its short term liabilities (€361.6M).
Long Term Liabilities: TESBB's short term assets (€860.5M) exceed its long term liabilities (€700.7M).
Debt to Equity History and Analysis
Debt Level: TESBB's debt to equity ratio (46.3%) is considered high.
Reducing Debt: TESBB's debt to equity ratio has reduced from 53% to 46.3% over the past 5 years.
Debt Coverage: TESBB's debt is well covered by operating cash flow (67.4%).
Interest Coverage: TESBB's interest payments on its debt are well covered by EBIT (20.6x coverage).
What is Tessenderlo Group current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate TESBB's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate TESBB'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 TESBB's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if TESBB's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: TESBB is not paying a notable dividend for the UK market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of TESBB's dividend in 3 years as they are not forecast to pay a notable one for the UK market.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Luc Tack (59 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 ($USD1.55M) is about average for companies of similar size in the UK market ($USD1.36M).
Compensation vs Earnings: Luc's compensation has been consistent with company performance over the past year.
Experienced Board: TESBB's board of directors are considered experienced (7.2 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 company bio, employee growth, exchange listings and data sources
- Name: Tessenderlo Group NV
- Ticker: TESBB
- Exchange: BATS-CHIXE
- Founded: 1919
- Industry: Diversified Chemicals
- Sector: Materials
- Market Cap: €1.556b
- Shares outstanding: 43.15m
- Website: https://www.tessenderlo.com
Number of Employees
- Tessenderlo Group NV
- 130, rue du Trône
Tessenderlo Group NV, together with its subsidiaries, engages in the agriculture, valorizing bioresiduals, energy, and industrial solution businesses worldwide. It operates through four segments: Agro, Bio...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/05/10 02:49|
|End of Day Share Price||2021/05/04 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.