Is Tennant Company (TNC) overvalued? · P/E 51, rev $1.29B
Tennant Company (TNC) is a specialty industrial machinery company listed on NYSE.
This page asks whether Tennant Company (TNC) looks expensive on cached numbers — not a short thesis.
Latest reported TNC revenue for 2024-12-31 was $1.29B. Net income was $83.7M. Revenue was up 3.5% from 2023-12-31 to 2024-12-31. TNC currently screens at market cap $1.46B and trailing P/E 51.1.
TNC currently screens at market cap $1.46B and trailing P/E 51.1. A high multiple can be growth prepaid or a bubble. The filing has to explain the gap.
If the next TNC 8-K cuts growth or raises capex, this “expensive” read gets worse. Until then the SEC page is the source.
Not investment advice. Use the TNC stock page for the full model, not this heading.
Not investment advice.