Interface, Inc., a modular flooring company, designs, produces, and sells modular carpet products primarily in the Americas, Europe, and the Asia-Pacific.
Price History & Performance
|Historical stock prices|
|Current Share Price||US$14.44|
|52 Week High||US$5.88|
|52 Week Low||US$17.11|
|1 Month Change||6.41%|
|3 Month Change||-6.66%|
|1 Year Change||141.07%|
|3 Year Change||-37.62%|
|5 Year Change||-13.22%|
|Change since IPO||63.86%|
Recent News & Updates
|TILE||US Commercial Services||US Market|
Return vs Industry: TILE exceeded the US Commercial Services industry which returned 26.3% over the past year.
Return vs Market: TILE exceeded the US Market which returned 31.5% over the past year.
Stable Share Price: TILE is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: TILE's weekly volatility (5%) has been stable over the past year.
About the Company
Interface, Inc., a modular flooring company, designs, produces, and sells modular carpet products primarily in the Americas, Europe, and the Asia-Pacific. The company offers modular carpets under the Interface and FLOR brand names; carpet tiles under the GlasBacRE name for use in commercial interiors, including offices, healthcare facilities, airports, educational and other institutions, hospitality spaces, and retail facilities, as well as residential interiors; modular resilient flooring products; rubber flooring under the norament and noraplan brand names; and luxury vinyl tile products. It also produces and sells an adapted version of its carpet tile for the healthcare facilities market; and two-meter roll goods that are structure-backed for use in education, healthcare, and government markets, as well as carpet replacement, installation, and maintenance services.
Interface Fundamentals Summary
|TILE fundamental statistics|
Is TILE overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|TILE income statement (TTM)|
|Cost of Revenue||US$700.84m|
Last Reported Earnings
Jul 04, 2021
Next Earnings Date
|Earnings per share (EPS)||0.81|
|Net Profit Margin||4.33%|
How did TILE perform over the long term?See historical performance and comparison
0.3%Current Dividend Yield
Is Interface undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: TILE ($14.44) is trading above our estimate of fair value ($9.42)
Significantly Below Fair Value: TILE is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: TILE is good value based on its PE Ratio (17.8x) compared to the US Commercial Services industry average (32.3x).
PE vs Market: TILE is poor value based on its PE Ratio (17.8x) compared to the US market (17.5x).
Price to Earnings Growth Ratio
PEG Ratio: TILE is poor value based on its PEG Ratio (1.3x)
Price to Book Ratio
PB vs Industry: TILE is good value based on its PB Ratio (2.5x) compared to the US Commercial Services industry average (2.6x).
How is Interface 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: TILE's forecast earnings growth (13.9% per year) is above the savings rate (2%).
Earnings vs Market: TILE's earnings (13.9% per year) are forecast to grow slower than the US market (14.9% per year).
High Growth Earnings: TILE's earnings are forecast to grow, but not significantly.
Revenue vs Market: TILE's revenue (4.5% per year) is forecast to grow slower than the US market (9.8% per year).
High Growth Revenue: TILE's revenue (4.5% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if TILE's Return on Equity is forecast to be high in 3 years time
How has Interface performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: TILE has high quality earnings.
Growing Profit Margin: TILE became profitable in the past.
Past Earnings Growth Analysis
Earnings Trend: TILE's earnings have declined by 31% per year over the past 5 years.
Accelerating Growth: TILE has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: TILE has become profitable in the last year, making it difficult to compare its past year earnings growth to the Commercial Services industry (30.4%).
Return on Equity
High ROE: TILE's Return on Equity (14.3%) is considered low.
How is Interface's financial position?
Financial Position Analysis
Short Term Liabilities: TILE's short term assets ($546.7M) exceed its short term liabilities ($229.6M).
Long Term Liabilities: TILE's short term assets ($546.7M) do not cover its long term liabilities ($757.0M).
Debt to Equity History and Analysis
Debt Level: TILE's debt to equity ratio (165.9%) is considered high.
Reducing Debt: TILE's debt to equity ratio has increased from 62% to 165.9% over the past 5 years.
Debt Coverage: TILE's debt is well covered by operating cash flow (21.9%).
Interest Coverage: TILE's interest payments on its debt are not well covered by EBIT (2.8x coverage).
What is Interface current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: TILE's dividend (0.28%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.37%).
High Dividend: TILE's dividend (0.28%) is low compared to the top 25% of dividend payers in the US market (3.67%).
Stability and Growth of Payments
Stable Dividend: TILE is not paying a notable dividend for the US market, therefore no need to check if payments are stable.
Growing Dividend: TILE is not paying a notable dividend for the US market, therefore no need to check if payments are increasing.
Current Payout to Shareholders
Dividend Coverage: TILE is not paying a notable dividend for the US market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of TILE's dividend in 3 years as they are not forecast to pay a notable one for the US market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Dan Hendrix (66 yo)
Mr. Daniel T. Hendrix, also known as Dan, serves as President and Chief Executive Officer at Interface, Inc. since January 20, 2020. He serves as the Chief Executive Officer and President of InterfaceFLOR...
CEO Compensation Analysis
Compensation vs Market: Dan's total compensation ($USD4.05M) is above average for companies of similar size in the US market ($USD2.39M).
Compensation vs Earnings: Dan's compensation has been consistent with company performance over the past year.
Experienced Management: TILE's management team is not considered experienced ( 1.7 years average tenure), which suggests a new team.
Experienced Board: TILE's board of directors are considered experienced (5.9 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.
Interface, Inc.'s employee growth, exchange listings and data sources
- Name: Interface, Inc.
- Ticker: TILE
- Exchange: NasdaqGS
- Founded: 1973
- Industry: Office Services and Supplies
- Sector: Commercial Services
- Market Cap: US$852.753m
- Shares outstanding: 59.05m
- Website: https://www.interface.com
Number of Employees
- Interface, Inc.
- 1280 West Peachtree Street NW
- United States
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/09/22 22:32|
|End of Day Share Price||2021/09/22 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.