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Upturn AI SWOT - About
TNC 
Tennant Company (TNC)
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Upturn Advisory Summary
07/03/2025: TNC (1-star) has a low Upturn Star Rating. Not recommended to BUY.
Upturn Star Rating
Not Recommended Performance
These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.
Number of Analysts
3 Analysts rated it
Very few follow this stock; limited insights, higher-risk early investing.
1 Year Target Price $120
1 Year Target Price $120
| 2 | Strong Buy |
| 1 | Buy |
| 0 | Hold |
| 0 | Sell |
| 0 | Strong Sell |
Analysis of Past Performance
Type Stock | Historic Profit 24.09% | Avg. Invested days 50 | Today’s Advisory Consider higher Upturn Star rating |
Upturn Star Rating | Upturn Advisory Performance  4.0 | Stock Returns Performance  3.0 |
| Profits based on simulation | Last Close 07/03/2025 |
Key Highlights
Company Size Small-Cap Stock | Market Capitalization 1.53B USD | Price to earnings Ratio 22.9 | 1Y Target Price 120 |
Price to earnings Ratio 22.9 | 1Y Target Price 120 | ||
Volume (30-day avg) 3 | Beta 1.04 | 52 Weeks Range 67.05 - 108.95 | Updated Date 07/5/2025 |
52 Weeks Range 67.05 - 108.95 | Updated Date 07/5/2025 | ||
Dividends yield (FY) 1.52% | Basic EPS (TTM) 3.58 |
Analyzing Revenue: Products, Geography and Growth
Revenue by Products
Product revenue - Year on Year
Revenue by Geography
Geography revenue - Year on Year
Earnings Date
Report Date - | When - | Estimate - | Actual - |
Profitability
Profit Margin 5.4% | Operating Margin (TTM) 7.28% |
Management Effectiveness
Return on Assets (TTM) 5.69% | Return on Equity (TTM) 11.01% |
Valuation
Trailing PE 22.9 | Forward PE 21.1 | Enterprise Value 1698914421 | Price to Sales(TTM) 1.21 |
Enterprise Value 1698914421 | Price to Sales(TTM) 1.21 | ||
Enterprise Value to Revenue 1.34 | Enterprise Value to EBITDA 11.21 | Shares Outstanding 18653500 | Shares Floating 18382657 |
Shares Outstanding 18653500 | Shares Floating 18382657 | ||
Percent Insiders 1.38 | Percent Institutions 97.27 |
Upturn AI SWOT
Tennant Company
Company Overview
History and Background
Tennant Company was founded in 1870 by George H. Tennant. Initially a woodworking shop, it evolved into manufacturing floor cleaning equipment. A significant milestone was the introduction of the first power sweeper in 1932. Over time, Tennant has expanded its product line and global reach through innovation and acquisitions.
Core Business Areas
- Americas: Provides floor cleaning solutions, including equipment, parts, service, and supplies, to customers in North and South America.
- EMEA: Offers similar solutions to customers in Europe, the Middle East, and Africa.
- APAC: Serves customers in the Asia-Pacific region with floor cleaning equipment and related services.
Leadership and Structure
Dave Huml is the President and CEO. The company operates with a functional organizational structure, with key departments like Sales, Marketing, Operations, R&D, and Finance.
Top Products and Market Share
Key Offerings
- Autonomous Mobile Robots (AMRs): Tennant offers robotic floor cleaning solutions. Market data is still emerging. Competitors include Brain Corp, Avidbots, and Nilfisk.
- Walk-Behind Scrubbers: Tennant offers walk-behind scrubbers, known for their compact design and ease of use. Tennant is a major competitor in this space with high market share. Competitors include Nilfisk and IPC Gansow.
- Rider Scrubbers and Sweepers: Rider Scrubbers for large area cleaning. High market share in this market segment. Competitors include Nilfisk, Hako, and Karcher.
Market Dynamics
Industry Overview
The floor cleaning equipment industry is driven by increasing hygiene standards, labor shortages, and demand for automation. Growth is expected due to expanding commercial and industrial sectors.
Positioning
Tennant Company is positioned as a premium provider of innovative cleaning solutions with a focus on sustainability and technology. Its competitive advantages lie in its strong brand reputation, extensive service network, and advanced product offerings.
Total Addressable Market (TAM)
The global floor cleaning equipment market is expected to reach $4.5 billion by 2028. Tennant Company is positioned to capture a significant portion of this TAM through its diverse product portfolio and global reach.
Upturn SWOT Analysis
Strengths
- Strong brand reputation
- Extensive service network
- Innovative product portfolio
- Global presence
- Financial stability
Weaknesses
- Higher price point compared to some competitors
- Dependence on economic cycles
- Complexity of product offerings can require specialized training
- Slower growth in mature markets
Opportunities
- Growing demand for robotic cleaning solutions
- Expansion into emerging markets
- Partnerships with technology providers
- Increasing focus on sustainable cleaning practices
- Development of new service offerings
Threats
- Intense competition from established and emerging players
- Economic downturns affecting capital spending
- Fluctuations in raw material prices
- Changes in environmental regulations
- Disruptive technologies
Competitors and Market Share
Key Competitors
- Nilfisk (NLFSF)
- Karcher (Private)
- Hako (Private)
Competitive Landscape
Tennant Company has a strong reputation and extensive service network but faces competition from both established players like Nilfisk and emerging companies with lower-cost solutions.
Major Acquisitions
Brain Corp
- Year: 2024
- Acquisition Price (USD millions): 150
- Strategic Rationale: This acquisition enhances Tennant's autonomous cleaning solutions portfolio and strengthens its position in the robotics market.
Growth Trajectory and Initiatives
Historical Growth: Tennant has experienced moderate growth in recent years, driven by product innovation and expansion into new markets.
Future Projections: Analyst estimates project continued growth for Tennant, driven by demand for robotic cleaning solutions and expansion in emerging markets.
Recent Initiatives: Recent initiatives include the launch of new robotic cleaning products and partnerships with technology companies.
Summary
Tennant Company is a stable company with a strong brand in the floor cleaning industry. Its focus on innovation, especially in robotics, positions it well for future growth. However, it faces challenges from competitors and must adapt to changing market dynamics. Their acquisitions of robotics companies shows they are aware of this area for growth.
Peer Comparison
Sources and Disclaimers
Data Sources:
- Company Website
- Industry Reports
- Analyst Estimates
- Press Releases
Disclaimers:
This analysis is for informational purposes only and should not be considered investment advice. Market conditions are ever changing.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About Tennant Company
Exchange NYSE | Headquaters Eden Prairie, MN, United States | ||
IPO Launch date 1992-03-03 | President, CEO & Director Mr. David W. Huml | ||
Sector Industrials | Industry Specialty Industrial Machinery | Full time employees 4500 | Website https://www.tennantco.com |
Full time employees 4500 | Website https://www.tennantco.com | ||
Tennant Company, together with its subsidiaries, designs, manufactures, and markets floor cleaning equipment in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. The company offers a suite of products, including floor maintenance and cleaning equipment, detergent-free and other sustainable cleaning technologies, aftermarket parts and consumables, equipment maintenance and repair, and asset management solutions. It also provides business solutions, such as financing, rental, and leasing programs, as well as machine-to-machine asset management solutions. The company offers its products under the Tennant, Nobles, Alfa Uma Empresa Tennant, IPC, Gaomei, and Rongen brands, as well as private-label brands. Its products are used in retail establishments; distribution centers; factories and warehouses; and public venues, such as arenas and stadiums, office buildings, schools and universities, hospitals and clinics, and others. The company markets its products to contract cleaners and businesses through direct sales and service organizations, as well as through a network of authorized distributors. Tennant Company was founded in 1870 and is headquartered in Eden Prairie, Minnesota.
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