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Upturn AI SWOT - About
TNC 
Tennant Company (TNC)
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Upturn Advisory Summary
08/28/2025: 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 $109
1 Year Target Price $109
| 2 | Strong Buy |
| 1 | Buy |
| 0 | Hold |
| 0 | Sell |
| 0 | Strong Sell |
Analysis of Past Performance
Type Stock | Historic Profit 24.54% | Avg. Invested days 58 | Today’s Advisory Consider higher Upturn Star rating |
Upturn Star Rating | Upturn Advisory Performance  3.0 | Stock Returns Performance  3.0 |
| Profits based on simulation | Last Close 08/28/2025 |
Key Highlights
Company Size Small-Cap Stock | Market Capitalization 1.52B USD | Price to earnings Ratio 25.56 | 1Y Target Price 109 |
Price to earnings Ratio 25.56 | 1Y Target Price 109 | ||
Volume (30-day avg) 3 | Beta 1.05 | 52 Weeks Range 66.82 - 97.12 | Updated Date 08/29/2025 |
52 Weeks Range 66.82 - 97.12 | Updated Date 08/29/2025 | ||
Dividends yield (FY) 1.43% | Basic EPS (TTM) 3.21 |
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 2025-08-06 | When Before Market | Estimate 1.6 | Actual 1.49 |
Profitability
Profit Margin 4.84% | Operating Margin (TTM) 9.7% |
Management Effectiveness
Return on Assets (TTM) 5.04% | Return on Equity (TTM) 9.49% |
Valuation
Trailing PE 25.56 | Forward PE 21.1 | Enterprise Value 1700368324 | Price to Sales(TTM) 1.21 |
Enterprise Value 1700368324 | Price to Sales(TTM) 1.21 | ||
Enterprise Value to Revenue 1.36 | Enterprise Value to EBITDA 11.92 | Shares Outstanding 18469100 | Shares Floating 18202435 |
Shares Outstanding 18469100 | Shares Floating 18202435 | ||
Percent Insiders 1.37 | Percent Institutions 98.88 |
Upturn AI SWOT
Tennant Company
Company Overview
History and Background
Tennant Company was founded in 1870. Initially a planing mill, it evolved into a manufacturer of wood flooring and, eventually, floor cleaning equipment. Significant milestones include the introduction of the first power sweeper in 1932 and continuous innovation in cleaning technologies.
Core Business Areas
- Americas: Tennant's largest segment. Serves the United States, Canada, and Latin America
- EMEA: Europe, Middle East, and Africa
- APAC: Asia-Pacific
Leadership and Structure
The CEO of Tennant Company is Dave Hummel. The company operates with a traditional corporate structure, featuring a board of directors and executive leadership team overseeing various business units and functional areas.
Top Products and Market Share
Key Offerings
- Floor Scrubbers: Tennant offers a wide range of floor scrubbers, including walk-behind, ride-on, and robotic models. Market share is estimated to be around 25% in North America. Competitors include Nilfisk and Karcher.
- Floor Sweepers: Tennant produces both walk-behind and ride-on floor sweepers designed for removing debris and dust from various surfaces. Market share is approximately 22%. Competitors include Aebi Schmidt and Elgin.
- Coatings: Tennant Coatings provides coating products for various construction and industrial purposes. Competitors include Sherwin-Williams, PPG, and RPM International
Market Dynamics
Industry Overview
The industrial and commercial cleaning equipment industry is characterized by increasing demand for automated and sustainable cleaning solutions. Growth is driven by hygiene standards, labor shortages, and technological advancements.
Positioning
Tennant Company is a leader in the industry, known for its innovation, quality, and global presence. Competitive advantages include a strong brand reputation, extensive distribution network, and comprehensive product portfolio.
Total Addressable Market (TAM)
The global commercial cleaning equipment market is estimated at $40 billion. Tennant, with roughly $1.2 billion in revenue, is well-positioned within the TAM with a focus on quality and innovation.
Upturn SWOT Analysis
Strengths
- Strong brand recognition
- Extensive distribution network
- Innovative product portfolio
- Global presence
- Strong balance sheet
Weaknesses
- High production costs
- Dependence on economic cycles
- Limited brand recognition in developing markets
- Price point relative to competitors
Opportunities
- Growing demand for robotic cleaning solutions
- Expansion into emerging markets
- Strategic acquisitions
- Development of sustainable cleaning technologies
- Increased outsourcing of cleaning services
Threats
- Intense competition
- Fluctuations in raw material costs
- Economic downturns
- Changing regulatory requirements
- Disruptive technologies
Competitors and Market Share
Key Competitors
- NILSFISK
- KARCHER GROUP
- HAKO
Competitive Landscape
Tennant Company's advantages include its brand reputation, extensive distribution network, and innovative product portfolio. Disadvantages include higher prices than some competitors and a reliance on developed markets.
Major Acquisitions
Gaomei Cleaning Equipment Company
- Year: 2015
- Acquisition Price (USD millions): 25
- Strategic Rationale: Expanding into the emerging China market.
Growth Trajectory and Initiatives
Historical Growth: Tennant Company has demonstrated steady growth over the past decade, driven by organic sales growth and strategic acquisitions.
Future Projections: Analysts project continued growth for Tennant Company, with revenue expected to increase by 5-7% annually over the next few years. Earnings are also projected to grow at a similar pace, driven by cost optimization and product innovation.
Recent Initiatives: Recent strategic initiatives include investments in robotic cleaning solutions, expansion into new geographic markets, and the launch of new product lines.
Summary
Tennant Company is a relatively strong and stable player in the cleaning equipment industry, benefiting from its established brand and innovative products. Its financial performance is good, marked by growing revenue and positive cash flows. However, it faces stiff competition, and is limited by external economic impacts and has some limitations. The company should invest in automated technologies and explore emerging markets for continued growth.
Peer Comparison
Sources and Disclaimers
Data Sources:
- Company Filings
- Market Research Reports
- Analyst Estimates
- Company Website
- Industry Publications
Disclaimers:
The information provided is for informational purposes only and should not be considered financial advice. Market conditions and company performance are subject to change.
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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