Tennant Company

Tennant Company

TNCยทNYSE

$83.82

-2.3%
IndustrialsIndustrial - Machinery

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 services, specialty surface coatings, 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, IRIS, VLX, IPC, Gaomei, and Rongen brands, as well as private-label brands. Its products are used in retail establishments and distribution centers; factories and warehouses; and public venues, such as arenas and stadiums, office buildings, schools and universities, hospitals and clinics, parking lots and streets, and other environments. It 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.

At a Glance

Live Snapshot
Market Cap$1.43B
EPS2.3800
P/E Ratio35.22
Earnings Date08/05/2026
Tennant Company

Tennant Company Fair Value Envelope

TNC ยท NYSE

Our analysis suggests that TNC has a fair value of HIDDEN per share in the Base Case projection. With shares currently trading at $83.82, this represents a potential HIDDEN relative to our calculated worth for Tennant Company.

Intrinsic Value
Current Price: $83.82

Owner Earnings Valuation Tool

Warren Buffett's Owner Earnings DCF analysis for intrinsic value calculation

Historical Financial Data

Base year metrics used for projections

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Projection Settings

Forecast period and terminal assumptions

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DCF Valuation Summary

Calculation flow from present value to intrinsic value per share

Present Value$90.8M
+ Cash & Equivalents$106.4M
Firm Value$197.2M
- Debt$344.6M
Equity Value-$147.4M
/ Shares Outstanding18,574,294B
DCF Value-$8
OVERVALUED BY 109%

Owner Earnings Projections

Operating Cash Flow - Maintenance CapEx = Owner Earnings

Metric
Year 1
Year 2
Year 3
Year 4
Year 5
Year 6
Year 7
Year 8
Year 9
Year 10
Operating Cash Flow
$41.2M
$26.1M
$16.6M
$10.5M
$6.7M
$4.2M
$2.7M
$1.7M
$1.1M
$681.7K
Maintenance CapEx
-$2.8M
-$1.7M
-$1.1M
-$701.1K
-$444.5K
-$281.8K
-$178.6K
-$113.2K
-$71.8K
-$45.5K
Owner Earnings
$38.5M
$24.4M
$15.5M
$9.8M
$6.2M
$3.9M
$2.5M
$1.6M
$1.0M
$636.2K
Discount Factor
0.926
0.857
0.794
0.735
0.681
0.630
0.583
0.540
0.500
0.463
Present Value
$35.6M
$20.9M
$12.3M
$7.2M
$4.2M
$2.5M
$1.5M
$855.2K
$502.0K
$294.7K
Terminal Value represents 5.5% of Enterprise Value