Tenneco
Market Cap
US$905.1m
Last Updated
2021/03/08 23:49 UTC
Data Sources
Company Financials +
Executive Summary
Tenneco Inc. designs, manufactures, and sells clean air, powertrain, and ride performance products and systems for light vehicle, commercial truck, off-highway, industrial, and aftermarket customers worldwide. More Details
Rewards
Risk Analysis
No risks detected for TEN from our risk checks.
Snowflake Analysis
Reasonable growth potential with mediocre balance sheet.
Similar Companies
Share Price & News
How has Tenneco's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: TEN is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 7% a week.
Volatility Over Time: TEN's weekly volatility has decreased from 16% to 7% over the past year.
Market Performance
7 Day Return
2.7%
TEN
-4.9%
US Auto Components
-4.0%
US Market
1 Year Return
121.3%
TEN
102.0%
US Auto Components
46.6%
US Market
Return vs Industry: TEN exceeded the US Auto Components industry which returned 102% over the past year.
Return vs Market: TEN exceeded the US Market which returned 46.6% over the past year.
Shareholder returns
| TEN | Industry | Market | |
|---|---|---|---|
| 7 Day | 2.7% | -4.9% | -4.0% |
| 30 Day | 8.1% | -1.0% | -4.1% |
| 90 Day | 10.5% | 4.0% | 3.3% |
| 1 Year | 121.3%121.3% | 103.0%102.0% | 49.8%46.6% |
| 3 Year | -78.4%-79.0% | 24.1%15.7% | 47.8%38.4% |
| 5 Year | -75.1%-76.3% | 83.2%58.7% | 116.6%92.6% |
Long-Term Price Volatility Vs. Market
How volatile is Tenneco's share price compared to the market and industry in the last 5 years?
Simply Wall St News
6 days ago | Simply Wall St
Tenneco (NYSE:TEN) Has No Shortage Of Debt1 month ago | Simply Wall St
What Type Of Shareholders Make Up Tenneco Inc.'s (NYSE:TEN) Share Registry?2 months ago | Simply Wall St
Reflecting on Tenneco's (NYSE:TEN) Share Price Returns Over The Last Three YearsValuation
Is Tenneco undervalued compared to its fair value and its price relative to the market?
>50%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: TEN ($11.62) is trading below our estimate of fair value ($60.21)
Significantly Below Fair Value: TEN is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: TEN is unprofitable, so we can't compare its PE Ratio to the US Auto Components industry average.
PE vs Market: TEN is unprofitable, so we can't compare its PE Ratio to the US market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate TEN's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: TEN has negative assets, so we can't compare its PB Ratio to the US Auto Components industry average.
Next Steps
Future Growth
How is Tenneco forecast to perform in the next 1 to 3 years based on estimates from 6 analysts?
103.8%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: TEN is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (2%).
Earnings vs Market: TEN is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: TEN's is expected to become profitable in the next 3 years.
Revenue vs Market: TEN's revenue (5.1% per year) is forecast to grow slower than the US market (9.9% per year).
High Growth Revenue: TEN's revenue (5.1% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: TEN's Return on Equity is forecast to be very high in 3 years time (63.6%).
Next Steps
Past Performance
How has Tenneco performed over the past 5 years?
-77.7%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: TEN is currently unprofitable.
Growing Profit Margin: TEN is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: TEN is unprofitable, and losses have increased over the past 5 years at a rate of 77.7% per year.
Accelerating Growth: Unable to compare TEN's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: TEN is unprofitable, making it difficult to compare its past year earnings growth to the Auto Components industry (16.5%).
Return on Equity
High ROE: TEN has a negative Return on Equity (-563.71%), as it is currently unprofitable.
Next Steps
Financial Health
How is Tenneco's financial position?
Financial Position Analysis
Short Term Liabilities: TEN's short term assets ($5.7B) exceed its short term liabilities ($4.7B).
Long Term Liabilities: TEN's short term assets ($5.7B) do not cover its long term liabilities ($6.9B).
Debt to Equity History and Analysis
Debt Level: TEN's debt to equity ratio (2056%) is considered high.
Reducing Debt: TEN's debt to equity ratio has increased from 239.4% to 2056% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable TEN has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: TEN is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 37.3% per year.
Next Steps
Dividend
What is Tenneco current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate TEN's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate TEN'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 TEN's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if TEN's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: TEN is not paying a notable dividend for the US market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of TEN's dividend in 3 years as they are not forecast to pay a notable one for the US market.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
1.6yrs
Average management tenure
CEO
Brian Kesseler (53 yo)
1.17yrs
Tenure
US$9,297,547
Compensation
Mr. Brian J. Kesseler has been the Chief Executive Officer of Tenneco Inc., since January 7, 2020 and its Director since October 11, 2016. He served as Co-Chief Executive Officer of Tenneco Inc. from Octob...
CEO Compensation Analysis
Compensation vs Market: Brian's total compensation ($USD9.30M) is above average for companies of similar size in the US market ($USD2.21M).
Compensation vs Earnings: Brian's compensation has increased whilst the company is unprofitable.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Director | 1.17yrs | US$9.30m | 0.22% $ 2.0m | |
| Executive VP & President of Clean Air | 10.67yrs | US$2.42m | 0.46% $ 4.1m | |
| Executive VP & President of Ride Performance | 2.42yrs | US$2.73m | 0.0073% $ 65.9k | |
| Executive VP & President of Powertrain | 2.42yrs | US$3.42m | 0.027% $ 241.8k | |
| Executive VP & CFO | 0.58yr | no data | no data | |
| Executive VP & Chief Operating Officer | 0.58yr | no data | no data | |
| VP & Chief Accounting Officer | 2.08yrs | no data | 0.00086% $ 7.8k | |
| Senior VP & Chief Information Officer | 3.17yrs | no data | no data | |
| Executive VP | 0.083yr | no data | no data | |
| Senior VP & Chief Communications Officer | 1yr | no data | no data | |
| Senior VP & Chief Human Resources Officer | 2.5yrs | no data | 0.018% $ 159.7k | |
| Senior Vice President | 0.083yr | US$2.10m | 0.043% $ 389.3k |
1.6yrs
Average Tenure
53.5yo
Average Age
Experienced Management: TEN's management team is not considered experienced ( 1.6 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Director | 1.17yrs | US$9.30m | 0.22% $ 2.0m | |
| Independent Director | 8.17yrs | US$250.00k | 0.096% $ 872.9k | |
| Independent Chairman of the Board | 0.83yr | US$270.00k | 0.086% $ 778.9k | |
| Independent Director | 0.50yr | no data | 0.047% $ 421.5k | |
| Independent Director | 1yr | no data | 0.036% $ 325.8k | |
| Independent Director | 16.42yrs | US$250.00k | 0.070% $ 637.6k | |
| Independent Director | 6.67yrs | US$250.00k | 0.044% $ 401.1k | |
| Independent Director | 1yr | no data | 0.051% $ 462.2k | |
| Independent Director | 1.08yrs | no data | 0.026% $ 236.5k | |
| Independent Director | 2yrs | US$200.00k | 0.032% $ 287.4k |
1.5yrs
Average Tenure
62.5yo
Average Age
Experienced Board: TEN's board of directors are not considered experienced ( 1.5 years average tenure), which suggests a new board.
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
Tenneco Inc.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: Tenneco Inc.
- Ticker: TEN
- Exchange: NYSE
- Founded: 1996
- Industry: Auto Parts and Equipment
- Sector: Automobiles
- Market Cap: US$905.117m
- Shares outstanding: 81.69m
- Website: https://www.tenneco.com
Number of Employees
Location
- Tenneco Inc.
- 500 North Field Drive
- Lake Forest
- Illinois
- 60045
- United States
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| TEN | NYSE (New York Stock Exchange) | Yes | Class A Common Stock | US | USD | Jan 1968 |
| TNN | DB (Deutsche Boerse AG) | Yes | Class A Common Stock | DE | EUR | Jan 1968 |
| 0RT7 | LSE (London Stock Exchange) | Yes | Class A Common Stock | GB | USD | Jan 1968 |
Biography
Tenneco Inc. designs, manufactures, and sells clean air, powertrain, and ride performance products and systems for light vehicle, commercial truck, off-highway, industrial, and aftermarket customers worldw...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/03/08 23:49 |
| End of Day Share Price | 2021/03/08 00:00 |
| Earnings | 2020/12/31 |
| Annual Earnings | 2020/12/31 |
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.