| Snowflake Score | |
|---|---|
| Valuation | 3/6 |
| Future Growth | 0/6 |
| Past Performance | 4/6 |
| Financial Health | 3/6 |
| Dividends | 5/6 |
TG Overview
Tredegar Corporation, through its subsidiaries, manufactures and sells aluminum extrusions, PE Films, and polyester films in the United States and internationally.
Share Price & News
How has Tredegar's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: TG is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: TG's weekly volatility (4%) has been stable over the past year.
Market Performance
7 Day Return
-3.6%
TG
-0.7%
US Chemicals
-0.6%
US Market
1 Year Return
-24.6%
TG
22.3%
US Chemicals
33.6%
US Market
Return vs Industry: TG underperformed the US Chemicals industry which returned 23% over the past year.
Return vs Market: TG underperformed the US Market which returned 33.7% over the past year.
Shareholder returns
| TG | Industry | Market | |
|---|---|---|---|
| 7 Day | -3.6% | -0.7% | -0.6% |
| 30 Day | -4.1% | -1.7% | 1.3% |
| 90 Day | -13.7% | 1.7% | 5.3% |
| 1 Year | 9.7%-24.6% | 24.6%22.3% | 35.6%33.6% |
| 3 Year | -16.1%-45.4% | 37.5%17.1% | 60.9%51.0% |
| 5 Year | 4.6%-35.0% | 95.3%57.8% | 123.4%99.1% |
Long-Term Price Volatility Vs. Market
How volatile is Tredegar's share price compared to the market and industry in the last 5 years?
Simply Wall St News
4 days ago | Simply Wall St
Tredegar Corporation (NYSE:TG) Goes Ex-Dividend Soon1 week ago | Simply Wall St
Tredegar (NYSE:TG) Will Pay A Dividend Of US$0.12Tredegar Fundamentals Summary
| TG fundamental statistics | |
|---|---|
| Market Cap | US$410.28m |
| Earnings (TTM) | US$19.85m |
| Revenue (TTM) | US$773.42m |
20.7x
P/E Ratio0.5x
P/S RatioIs TG overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| TG income statement (TTM) | |
|---|---|
| Revenue | US$773.42m |
| Cost of Revenue | US$605.62m |
| Gross Profit | US$167.79m |
| Expenses | US$147.95m |
| Earnings | US$19.85m |
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
n/a
| Earnings per share (EPS) | 0.59 |
| Gross Margin | 21.69% |
| Net Profit Margin | 2.57% |
| Debt/Equity Ratio | 81.6% |
How did TG perform over the long term?
See historical performance and comparisonDividends
3.9%
Current Dividend Yield81%
Payout RatioDoes TG pay a reliable dividends?
See TG dividend history and benchmarks| Tredegar dividend dates | |
|---|---|
| Ex Dividend Date | Sep 16 2021 |
| Dividend Pay Date | Oct 01 2021 |
| Days until Ex dividend | 1 day |
| Days until Dividend pay date | 14 days |
Does TG pay a reliable dividends?
See TG dividend history and benchmarksValuation
Is Tredegar undervalued compared to its fair value and its price relative to the market?
44.5%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: TG ($12.25) is trading below our estimate of fair value ($22.07)
Significantly Below Fair Value: TG is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: TG is good value based on its PE Ratio (20.7x) compared to the US Chemicals industry average (22.8x).
PE vs Market: TG is poor value based on its PE Ratio (20.7x) compared to the US market (17.8x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate TG's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: TG is overvalued based on its PB Ratio (2.9x) compared to the US Chemicals industry average (2.7x).
Future Growth
How is Tredegar forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
10.9%
Forecasted Materials industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Tredegar has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
Past Performance
How has Tredegar performed over the past 5 years?
-6.4%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: TG has a large one-off loss of $42.4M impacting its June 30 2021 financial results.
Growing Profit Margin: TG's current net profit margins (2.6%) are higher than last year (1.2%).
Past Earnings Growth Analysis
Earnings Trend: TG has become profitable over the past 5 years, growing earnings by -6.4% per year.
Accelerating Growth: TG's earnings growth over the past year (104.4%) exceeds its 5-year average (-6.4% per year).
Earnings vs Industry: TG earnings growth over the past year (104.4%) exceeded the Chemicals industry 38.9%.
Return on Equity
High ROE: TG's Return on Equity (13.8%) is considered low.
Financial Health
How is Tredegar's financial position?
Financial Position Analysis
Short Term Liabilities: TG's short term assets ($214.6M) exceed its short term liabilities ($150.4M).
Long Term Liabilities: TG's short term assets ($214.6M) do not cover its long term liabilities ($241.8M).
Debt to Equity History and Analysis
Debt Level: TG's debt to equity ratio (81.6%) is considered high.
Reducing Debt: TG's debt to equity ratio has increased from 30.7% to 81.6% over the past 5 years.
Debt Coverage: TG's debt is well covered by operating cash flow (68.2%).
Interest Coverage: TG's interest payments on its debt are well covered by EBIT (21.6x coverage).
Balance Sheet
Dividend
What is Tredegar current dividend yield, its reliability and sustainability?
3.92%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: TG's dividend (3.92%) is higher than the bottom 25% of dividend payers in the US market (1.34%).
High Dividend: TG's dividend (3.92%) is in the top 25% of dividend payers in the US market (3.58%)
Stability and Growth of Payments
Stable Dividend: TG's dividends per share have been stable in the past 10 years.
Growing Dividend: TG's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: At its current payout ratio (80.9%), TG's payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
6.1yrs
Average management tenure
CEO
John Steitz (62 yo)
2.5yrs
Tenure
US$5,031,163
Compensation
Mr. John M. Steitz has been the Chief Executive Officer and President of Tredegar Corporation since March 19, 2019. He was Chief Executive Officer of Additives at SI Group, Inc. since December 2018 until F...
CEO Compensation Analysis
Compensation vs Market: John's total compensation ($USD5.03M) is above average for companies of similar size in the US market ($USD1.69M).
Compensation vs Earnings: John's compensation has increased by more than 20% in the past year.
Leadership Team
Experienced Management: TG's management team is seasoned and experienced (6.1 years average tenure).
Board Members
Experienced Board: TG's board of directors are considered experienced (7.6 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.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Tredegar Corporation's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Tredegar Corporation
- Ticker: TG
- Exchange: NYSE
- Founded: 1955
- Industry: Commodity Chemicals
- Sector: Materials
- Market Cap: US$410.281m
- Shares outstanding: 33.49m
- Website: https://www.tredegar.com
Number of Employees
Location
- Tredegar Corporation
- 1100 Boulders Parkway
- Richmond
- Virginia
- 23225
- United States
Listings
Biography
Tredegar Corporation, through its subsidiaries, manufactures and sells aluminum extrusions, PE Films, and polyester films in the United States and internationally. It operates through Aluminum Extrusions,...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/09/16 22:49 |
| End of Day Share Price | 2021/09/16 00:00 |
| Earnings | 2021/06/30 |
| 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.