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Upturn AI SWOT - About
TNC 
Tennant Company (TNC)
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Upturn Advisory Summary
03/27/2025: TNC (1-star) is currently NOT-A-BUY. Pass it for now.
Upturn Star Rating
Not Recommended Performance
These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.
AI Based Fundamental Rating
Below Average Performance
These Stocks/ETFs, based on Upturn Advisory, often underperform the market, warranting careful consideration before investing.
Analysis of Past Performance
Type Stock | Historic Profit -0.82% | Avg. Invested days 45 | Today’s Advisory PASS |
Upturn Star Rating | Upturn Advisory Performance  2.0 | Stock Returns Performance  1.0 |
| Profits based on simulation | Last Close 03/27/2025 |
Key Highlights
Company Size Small-Cap Stock | Market Capitalization 1.55B USD | Price to earnings Ratio 18.74 | 1Y Target Price 129.33 |
Price to earnings Ratio 18.74 | 1Y Target Price 129.33 | ||
Volume (30-day avg) 221666 | Beta 1.01 | 52 Weeks Range 78.30 - 122.57 | Updated Date 03/27/2025 |
52 Weeks Range 78.30 - 122.57 | Updated Date 03/27/2025 | ||
Dividends yield (FY) 1.44% | Basic EPS (TTM) 4.4 |
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 6.51% | Operating Margin (TTM) 4.62% |
Management Effectiveness
Return on Assets (TTM) 6.65% | Return on Equity (TTM) 13.95% |
Valuation
Trailing PE 18.74 | Forward PE 21.1 | Enterprise Value 1696243312 | Price to Sales(TTM) 1.21 |
Enterprise Value 1696243312 | Price to Sales(TTM) 1.21 | ||
Enterprise Value to Revenue 1.32 | Enterprise Value to EBITDA 10.04 | Shares Outstanding 18806200 | Shares Floating 18524418 |
Shares Outstanding 18806200 | Shares Floating 18524418 | ||
Percent Insiders 1.29 | Percent Institutions 96.65 |
Analyst Ratings
Rating 4.67 | Target Price 128 | Buy 1 | Strong Buy 2 |
Buy 1 | Strong Buy 2 | ||
Hold - | Sell - | Strong Sell - | |
Strong Sell - |
Upturn AI SWOT
Tennant Company
Company Overview
History and Background
Tennant Company was founded in 1870 by George H. Tennant. Initially a woodworking business, it transitioned to floor cleaning equipment in the early 20th century. Tennant has grown through innovation and acquisitions to become a global leader in cleaning solutions.
Core Business Areas
- Americas: Sells and services floor cleaning equipment, detergents, coatings, and related products and parts throughout North and South America.
- EMEA: Sells and services floor cleaning equipment, detergents, coatings, and related products and parts throughout Europe, the Middle East, and Africa.
- APAC: Sells and services floor cleaning equipment, detergents, coatings, and related products and parts throughout Asia-Pacific.
Leadership and Structure
Tennant Company is led by its President and CEO, Dave Hummel. The organizational structure includes functional departments like sales, marketing, operations, finance, and technology.
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. Key competitors include Nilfisk and Hako. Revenue is included in the 'Equipment' line of Tennant's financial statements, not broken out by specific product.
- Floor Sweepers: Tennant's sweepers range from small walk-behind units to large industrial ride-on sweepers for indoor and outdoor use. Key competitors include Nilfisk and Hako. Revenue is included in the 'Equipment' line of Tennant's financial statements, not broken out by specific product.
- Coatings and Detergents: Tennant manufactures and sells floor coatings, detergents, and cleaning chemicals. Key competitors include Ecolab and Diversey. Revenue is included in the 'Consumables & Parts' line of Tennant's financial statements, not broken out by specific product.
- Robotic Cleaning Solutions: Tennant provides fully autonomous floor cleaning robots for commercial and industrial facilities. Competitors include Brain Corp (partnering with various OEMs). Revenue is included in the 'Equipment' line of Tennant's financial statements, not broken out by specific product.
Market Dynamics
Industry Overview
The industrial and commercial cleaning equipment industry is driven by the need for efficient and effective cleaning solutions across various sectors, including manufacturing, retail, healthcare, and education. Trends include increasing automation, sustainability, and demand for cleaning robots.
Positioning
Tennant Company is a leading provider of cleaning solutions, holding a strong brand reputation and a broad product portfolio. Its competitive advantages include its global reach, extensive service network, and focus on innovation.
Total Addressable Market (TAM)
The global commercial cleaning equipment market is estimated to be approximately $30 billion. Tennant Company is well-positioned to capture a significant portion of this TAM through its diverse product offerings and established market presence.
Upturn SWOT Analysis
Strengths
- Strong brand reputation
- Global distribution network
- Diverse product portfolio
- Innovation in robotic cleaning solutions
- Strong service network
Weaknesses
- Exposure to economic cycles
- Dependence on specific industries
- Higher cost structure compared to some competitors
- Supply chain vulnerabilities
Opportunities
- Growing demand for robotic cleaning solutions
- Expansion into emerging markets
- Increasing focus on sustainability
- Acquisition of smaller competitors
- Service offerings growth
Threats
- Intense competition
- Economic downturns
- Fluctuations in raw material prices
- Changing customer preferences
- Disruptive technologies
Competitors and Market Share
Key Competitors
- NILSFISK (Private)
- ALTO (Private)
- HAKO (Private)
Competitive Landscape
Tennant Company benefits from a strong brand, global presence, and innovative product portfolio. Its competitors offer specialized solutions, competitive pricing, and strong regional presence. Tennant is leading in innovation but smaller companies are agile and low cost.
Major Acquisitions
BrainOS
- Year: 2024
- Acquisition Price (USD millions): 87
- Strategic Rationale: Acquired BrainOS division including AI and Robotic Platform. Provides AI cleaning solutions and integrates advanced features into products.
Growth Trajectory and Initiatives
Historical Growth: Tennant Company has demonstrated steady growth through organic expansion, innovation, and strategic acquisitions. Growth has been impacted by economic conditions and industry trends.
Future Projections: Future growth is expected to be driven by increasing demand for robotic cleaning solutions, expansion into emerging markets, and a focus on sustainability. Analyst estimates may provide concrete figures.
Recent Initiatives: Recent initiatives include the launch of new robotic cleaning models, expansion of its service offerings, and investments in sustainable cleaning solutions.
Summary
Tennant Company is a relatively strong company with a long history and global presence. It is working well on investing in robotic cleaning solutions and has been showing stable growth. It needs to look out for economic downturns and intense competition which could impact performance. The company's continued investment in innovative cleaning tech is a significant strength.
Similar Companies
- ECOL
- DOVER
- LIN
- MMM
Sources and Disclaimers
Data Sources:
- Tennant Company Investor Relations
- Industry Reports
- Analyst Reports
Disclaimers:
The information provided is for informational purposes only and does not constitute financial advice. Market share data is estimated and may vary depending on the source. Financial data requires up-to-date access.
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 4632 | Website https://www.tennantco.com |
Full time employees 4632 | 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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