Tenax International Past Earnings Performance
Past criteria checks 4/6
Tenax International has been growing earnings at an average annual rate of 41.6%, while the Machinery industry saw earnings growing at 25.3% annually. Revenues have been growing at an average rate of 31.8% per year. Tenax International's return on equity is 13.2%, and it has net margins of 4.2%.
Key information
41.6%
Earnings growth rate
33.7%
EPS growth rate
| Machinery Industry Growth | 19.4% |
| Revenue growth rate | 31.8% |
| Return on equity | 13.2% |
| Net Margin | 4.2% |
| Last Earnings Update | 30 Jun 2024 |
Recent past performance updates
Revenue & Expenses Breakdown
How Tenax International makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 30 Jun 24 | 24 | 1 | 4 | 0 |
| 31 Mar 24 | 23 | 1 | 4 | 0 |
| 31 Dec 23 | 21 | 1 | 4 | 0 |
| 30 Sep 23 | 21 | 1 | 4 | 0 |
| 30 Jun 23 | 20 | 1 | 4 | 0 |
| 31 Mar 23 | 19 | 1 | 4 | 0 |
| 31 Dec 22 | 18 | 0 | 3 | 0 |
| 30 Sep 22 | 15 | 0 | 3 | 0 |
| 30 Jun 22 | 13 | 0 | 3 | 0 |
| 31 Mar 22 | 12 | 0 | 3 | 0 |
| 31 Dec 21 | 11 | 0 | 2 | 0 |
| 30 Sep 21 | 10 | 0 | 2 | 0 |
| 30 Jun 21 | 9 | 1 | 2 | 0 |
| 31 Mar 21 | 9 | 0 | 2 | 0 |
| 31 Dec 20 | 8 | 0 | 2 | 0 |
| 31 Dec 19 | 8 | 0 | 2 | 0 |
| 31 Dec 18 | 8 | 0 | 1 | 0 |
Quality Earnings: TNX has a high level of non-cash earnings.
Growing Profit Margin: TNX's current net profit margins (4.2%) are higher than last year (3.4%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: TNX's earnings have grown significantly by 41.6% per year over the past 5 years.
Accelerating Growth: TNX's earnings growth over the past year (52.3%) exceeds its 5-year average (41.6% per year).
Earnings vs Industry: TNX earnings growth over the past year (52.3%) exceeded the Machinery industry -1.2%.
Return on Equity
High ROE: TNX's Return on Equity (13.2%) is considered low.