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TILE

Interface NasdaqGS:TILE Stock Report

Last Price

US$13.64

Market Cap

US$834.3m

7D

2.2%

1Y

-9.3%

Updated

19 May, 2022

Data

Company Financials +
TILE fundamental analysis
Snowflake Score
Valuation3/6
Future Growth2/6
Past Performance4/6
Financial Health2/6
Dividends0/6

TILE Stock Overview

Interface, Inc., a modular flooring company, designs, produces, and sells modular carpet products primarily in the Americas, Europe, and the Asia-Pacific.

Interface Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Interface
Historical stock prices
Current Share PriceUS$13.64
52 Week HighUS$18.03
52 Week LowUS$12.22
Beta1.8
1 Month Change3.73%
3 Month Change0.22%
1 Year Change-9.31%
3 Year Change-14.11%
5 Year Change-33.46%
Change since IPO54.78%

Recent News & Updates

Shareholder Returns

TILEUS Commercial ServicesUS Market
7D2.2%0.5%0.1%
1Y-9.3%-6.2%-12.7%

Return vs Industry: TILE underperformed the US Commercial Services industry which returned -5.7% over the past year.

Return vs Market: TILE exceeded the US Market which returned -11.5% over the past year.

Price Volatility

Is TILE's price volatile compared to industry and market?
TILE volatility
TILE Average Weekly Movement7.1%
Commercial Services Industry Average Movement7.8%
Market Average Movement8.0%
10% most volatile stocks in US Market17.0%
10% least volatile stocks in US Market3.0%

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

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

About the Company

FoundedEmployeesCEOWebsite
19733,646Laurel Hurdhttps://www.interface.com

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

How do Interface's earnings and revenue compare to its market cap?
TILE fundamental statistics
Market CapUS$834.33m
Earnings (TTM)US$60.99m
Revenue (TTM)US$1.24b

13.3x

P/E Ratio

0.7x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
TILE income statement (TTM)
RevenueUS$1.24b
Cost of RevenueUS$790.55m
Gross ProfitUS$444.59m
Other ExpensesUS$383.61m
EarningsUS$60.99m

Last Reported Earnings

Apr 03, 2022

Next Earnings Date

n/a

Earnings per share (EPS)1.03
Gross Margin36.00%
Net Profit Margin4.94%
Debt/Equity Ratio142.2%

How did TILE perform over the long term?

See historical performance and comparison

Dividends

0.3%

Current Dividend Yield

4%

Payout Ratio

Valuation

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

Valuation Score

3/6

Valuation Score 3/6

  • Below Fair Value

  • Significantly Below Fair Value

  • PE vs Industry

  • PE vs Market

  • PEG Ratio

  • PB vs Industry


13.3x

Price to Earnings (PE) ratio

Share Price vs. Fair Value

Below Fair Value: TILE ($13.64) is trading above our estimate of fair value ($1.03)

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 (13.3x) compared to the US Commercial Services industry average (22.3x).

PE vs Market: TILE is good value based on its PE Ratio (13.3x) compared to the US market (15.5x).


Price to Earnings Growth Ratio

PEG Ratio: TILE is good value based on its PEG Ratio (0.9x)


Price to Book Ratio

PB vs Industry: TILE is overvalued based on its PB Ratio (2.2x) compared to the US Commercial Services industry average (1.7x).


Future Growth

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

Future Growth Score

2/6

Future Growth Score 2/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


15.4%

Forecasted annual earnings growth

Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: TILE's forecast earnings growth (15.4% per year) is above the savings rate (1.9%).

Earnings vs Market: TILE's earnings (15.4% per year) are forecast to grow faster than the US market (12.4% per year).

High Growth Earnings: TILE's earnings are forecast to grow, but not significantly.

Revenue vs Market: TILE's revenue (5% per year) is forecast to grow slower than the US market (7.8% per year).

High Growth Revenue: TILE's revenue (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


Past Performance

How has Interface performed over the past 5 years?

Past Performance Score

4/6

Past Performance Score 4/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


-15.4%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: TILE has high quality earnings.

Growing Profit Margin: TILE's current net profit margins (4.9%) are higher than last year (3.4%).


Past Earnings Growth Analysis

Earnings Trend: TILE's earnings have declined by 15.4% per year over the past 5 years.

Accelerating Growth: TILE's earnings growth over the past year (69.7%) exceeds its 5-year average (-15.4% per year).

Earnings vs Industry: TILE earnings growth over the past year (69.7%) exceeded the Commercial Services industry 33.4%.


Return on Equity

High ROE: TILE's Return on Equity (16.8%) is considered low.


Financial Health

How is Interface's financial position?

Financial Health Score

2/6

Financial Health Score 2/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: TILE's short term assets ($583.8M) exceed its short term liabilities ($245.9M).

Long Term Liabilities: TILE's short term assets ($583.8M) do not cover its long term liabilities ($697.0M).


Debt to Equity History and Analysis

Debt Level: TILE's net debt to equity ratio (121.5%) is considered high.

Reducing Debt: TILE's debt to equity ratio has increased from 67.4% to 142.2% over the past 5 years.

Debt Coverage: TILE's debt is not well covered by operating cash flow (8.5%).

Interest Coverage: TILE's interest payments on its debt are well covered by EBIT (4.1x coverage).


Balance Sheet


Dividend

What is Interface 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


0.29%

Current Dividend Yield

Dividend Yield vs Market

Notable Dividend: TILE's dividend (0.29%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.57%).

High Dividend: TILE's dividend (0.29%) is low compared to the top 25% of dividend payers in the US market (4.07%).


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.


Earnings Payout to Shareholders

Earnings Coverage: TILE is not paying a notable dividend for the US market.


Cash Payout to Shareholders

Cash Flow Coverage: TILE is not paying a notable dividend for the US market.


Discover strong dividend paying companies

Management

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

2.3yrs

Average management tenure


CEO

Laurel Hurd (51 yo)

0.083

Tenure

Ms. Laurel M. Hurd is the President & CEO of Interface, Inc., since April 18, 2022. She has been Segment President of the Learning & Development Segment at Newell Brands Inc. since February 18, 2019. She s...


Leadership Team

Experienced Management: TILE's management team is considered experienced (2.3 years average tenure).


Board Members

Experienced Board: TILE's board of directors are considered experienced (7.7 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.


Ownership Breakdown

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


Top Shareholders

Company Information

Interface, Inc.'s employee growth, exchange listings and data sources


Key Information

  • Name: Interface, Inc.
  • Ticker: TILE
  • Exchange: NasdaqGS
  • Founded: 1973
  • Industry: Office Services and Supplies
  • Sector: Commercial Services
  • Implied Market Cap: US$834.328m
  • Shares outstanding: 59.47m
  • Website: https://www.interface.com

Number of Employees


Location

  • Interface, Inc.
  • 1280 West Peachtree Street NW
  • Atlanta
  • Georgia
  • 30309
  • United States

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/05/19 00:00
End of Day Share Price2022/05/19 00:00
Earnings2022/04/03
Annual Earnings2022/01/02


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.