(TFII) TFI International - Overview
Sector: Industrials | Industry: Trucking | Exchange: NYSE (USA) | Market Cap: 11.732m USD | Total Return: 59.1% in 12m
Industry Rotation: -1.0
Avg Turnover: 49.0M
EPS Trend: -79.7%
Qual. Beats: 0
Rev. Trend: 9.3%
Qual. Beats: 0
Warnings
No concerns identified
Tailwinds
Confidence
TFI International Inc. (TFII) is a North American transportation and logistics provider operating across Canada, the United States, and Mexico. The company manages a diversified service portfolio through four primary segments: Less-Than-Truckload (LTL), Truckload (TL), Logistics, and small package delivery. Its infrastructure includes a mix of company-owned assets and independent contractors to facilitate regional and cross-border freight movement.
The LTL sector is characterized by high barriers to entry due to the extensive terminal networks required for consolidating smaller shipments. TFI utilizes an asset-right business model, balancing capital-intensive trucking operations with asset-light logistics and brokerage services to manage cyclical demand in the cargo ground transportation industry.
Investors can evaluate the company’s capital allocation and historical performance trends in more detail at ValueRay. TFI International transitioned from its former identity as TransForce Inc. in 2016 and maintains its corporate headquarters in Saint-Laurent, Canada.
- Strategic acquisitions drive market share expansion across North American logistics segments
- Operating ratios in Less-Than-Truckload segment dictate quarterly earnings performance
- Industrial production levels and consumer spending influence freight volume demand
- Fuel price volatility and labor cost inflation impact operating margins
- Integration of US freight networks determines long-term profitability and scale efficiencies
| Net Income: 326.7m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.10 > 0.02 and ΔFCF/TA -0.16 > 1.0 |
| NWC/Revenue: 1.02% < 20% (prev 0.41%; Δ 0.61% < -1%) |
| CFO/TA 0.14 > 3% & CFO 1.02b > Net Income 326.7m |
| Net Debt (2.99b) to EBITDA (1.26b): 2.38 < 3 |
| Current Ratio: 1.07 > 1.5 & < 3 |
| Outstanding Shares: last quarter (82.4m) vs 12m ago -2.54% < -2% |
| Gross Margin: 12.02% > 18% (prev 0.14%; Δ 1.19k% > 0.5%) |
| Asset Turnover: 118.3% > 50% (prev 119.3%; Δ -1.04% > 0%) |
| Interest Coverage Ratio: 3.38 > 6 (EBITDA TTM 1.26b / Interest Expense TTM 174.6m) |
| A: 0.01 (Total Current Assets 1.29b - Total Current Liabilities 1.20b) / Total Assets 7.48b |
| B: 0.24 (Retained Earnings 1.78b / Total Assets 7.48b) |
| C: 0.08 (EBIT TTM 589.4m / Avg Total Assets 7.30b) |
| D: 0.55 (Book Value of Equity 2.64b / Total Liabilities 4.82b) |
| Altman-Z'' Score: 1.97 = BBB |
| DSRI: 1.02 (Receivables 1.01b/971.1m, Revenue 8.63b/8.49b) |
| GMI: 1.19 (GM 12.02% / 14.29%) |
| AQI: 1.03 (AQ_t 0.39 / AQ_t-1 0.38) |
| SGI: 1.02 (Revenue 8.63b / 8.49b) |
| TATA: -0.09 (NI 326.7m - CFO 1.02b) / TA 7.48b) |
| Beneish M-Score: -2.90 (Cap -4..+1) = A |
Over the past week, the price has changed by +1.45%, over one month by +14.94%, over three months by +17.12% and over the past year by +59.14%.
- StrongBuy: 7
- Buy: 9
- Hold: 4
- Sell: 1
- StrongSell: 0
| Analysts Target Price | 154.2 | 9.2% |
P/E Forward = 26.5252
P/S = 1.4908
P/B = 4.2985
Revenue TTM = 8.63b USD
EBIT TTM = 589.4m USD
EBITDA TTM = 1.26b USD
Long Term Debt = 2.35b USD (from longTermDebt, last quarter)
Short Term Debt = 381.6m USD (from shortTermDebt, last quarter)
Debt = 3.18b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 2.99b USD (from netDebt column, last quarter)
Enterprise Value = 14.73b USD (11.73b + Debt 3.18b - CCE 185.8m)
Interest Coverage Ratio = 3.38 (Ebit TTM 589.4m / Interest Expense TTM 174.6m)
EV/FCF = 20.48x (Enterprise Value 14.73b / FCF TTM 719.2m)
FCF Yield = 4.88% (FCF TTM 719.2m / Enterprise Value 14.73b)
FCF Margin = 8.33% (FCF TTM 719.2m / Revenue TTM 8.63b)
Net Margin = 3.78% (Net Income TTM 326.7m / Revenue TTM 8.63b)
Gross Margin = 12.02% ((Revenue TTM 8.63b - Cost of Revenue TTM 7.60b) / Revenue TTM)
Gross Margin QoQ = 10.27% (prev 11.83%)
Tobins Q-Ratio = 1.97 (Enterprise Value 14.73b / Total Assets 7.48b)
Interest Expense / Debt = 1.16% (Interest Expense 36.9m / Debt 3.18b)
Taxrate = 17.40% (9.12m / 52.4m)
NOPAT = 486.9m (EBIT 589.4m * (1 - 17.40%))
Current Ratio = 1.07 (Total Current Assets 1.29b / Total Current Liabilities 1.20b)
Debt / Equity = 1.20 (Debt 3.18b / totalStockholderEquity, last quarter 2.66b)
Debt / EBITDA = 2.38 (Net Debt 2.99b / EBITDA 1.26b)
Debt / FCF = 4.16 (Net Debt 2.99b / FCF TTM 719.2m)
Total Stockholder Equity = 2.66b (last 4 quarters mean from totalStockholderEquity)
RoA = 4.47% (Net Income 326.7m / Total Assets 7.48b)
RoE = 12.27% (Net Income TTM 326.7m / Total Stockholder Equity 2.66b)
RoCE = 11.76% (EBIT 589.4m / Capital Employed (Equity 2.66b + L.T.Debt 2.35b))
RoIC = 9.43% (NOPAT 486.9m / Invested Capital 5.16b)
WACC = 8.35% (E(11.73b)/V(14.91b) * Re(10.36%) + D(3.18b)/V(14.91b) * Rd(1.16%) * (1-Tc(0.17)))
Discount Rate = 10.36% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -91.11 | Cagr: -1.83%
[DCF] Terminal Value 78.00% ; FCFF base≈709.6m ; Y1≈750.3m ; Y5≈890.0m
[DCF] Fair Price = 142.4 (EV 14.69b - Net Debt 2.99b = Equity 11.70b / Shares 82.2m; r=8.35% [WACC]; 5y FCF grow 6.30% → 3.0% )
EPS Correlation: -79.68 | EPS CAGR: -29.87% | SUE: -0.49 | # QB: 0
Revenue Correlation: 9.34 | Revenue CAGR: -5.63% | SUE: 0.04 | # QB: 0
EPS current Quarter (2026-06-30): EPS=1.55 | Chg30d=+20.11% | Revisions=+75% | Analysts=14
EPS next Quarter (2026-09-30): EPS=1.57 | Chg30d=+12.62% | Revisions=+73% | Analysts=12
EPS current Year (2026-12-31): EPS=5.27 | Chg30d=+13.24% | Revisions=+76% | GrowthEPS=+20.7% | GrowthRev=+5.7%
EPS next Year (2027-12-31): EPS=6.92 | Chg30d=+8.28% | Revisions=+75% | GrowthEPS=+31.2% | GrowthRev=+3.8%
[Analyst] Revisions Ratio: +76%