Logwin AG (DE:TGHN)
XETRA:TGHN
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Logwin AG
(XETRA:TGHN)
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Rating:79Outperform
Price Target:
€332.00
▲(32.80% Upside)
Action:ReiteratedDate:03/12/26
The score is driven primarily by strong underlying financial quality (conservative leverage and solid cash conversion), supported by reasonable valuation and an attractive dividend yield. Technicals are moderately positive with price above key moving averages, but the main risk tempering the score is the recent revenue decline and margin/FCF softening versus prior peaks.
Positive Factors
Revenue Growth Trend
Sustained double-digit top-line growth across reported periods indicates strong demand for Logwin's integrated logistics services and effective commercial execution. Over 2-6 months this supports greater scale, pricing leverage and continued expansion of contract logistics and freight volumes.
Negative Factors
Margin Compression
A falling EBIT margin and reduced gross profit imply rising operating costs or loss of pricing power, which can erode long-term profitability. If structural, these pressures could limit reinvestment, dividends or require strategic restructuring to restore margin sustainability.
Read all positive and negative factors
Positive Factors
Negative Factors
Revenue Growth Trend
Sustained double-digit top-line growth across reported periods indicates strong demand for Logwin's integrated logistics services and effective commercial execution. Over 2-6 months this supports greater scale, pricing leverage and continued expansion of contract logistics and freight volumes.
Read all positive factors
Logwin AG (TGHN) vs. iShares MSCI Germany ETF (EWG)
Market Cap
€810.69M
Dividend Yield5.12%
Average Volume (3M)61.00
Price to Earnings (P/E)12.1
Beta (1Y)0.10
Revenue Growth21.42%
EPS Growth-10.98%
CountryDE
Employees3,777
SectorServices
Sector StrengthN/A
IndustryIntegrated Freight & Logistics
Share Statistics
EPS (TTM)10.65
Shares Outstanding2,879,215
10 Day Avg. Volume64
30 Day Avg. Volume61
Financial Highlights & Ratios
PEG Ratio-2.15
Price to Book (P/B)1.86
Price to Sales (P/S)0.54
P/FCF Ratio8.68
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)19.82
Revenue Forecast (FY)€1.52B
Logwin AG Business Overview & Revenue Model
Company Description
Logwin AG (TGHN) is a prominent logistics and transport service provider based in Germany, specializing in integrated logistics solutions across various sectors, including industrial, commercial, and retail. The company operates through two primar...
How the Company Makes Money
Logwin AG primarily makes money by charging customers for logistics services it arranges and operates. A key revenue stream comes from freight forwarding/transport management: Logwin books capacity with carriers (e.g., ocean, air, road, rail opera...
Logwin AG Financial Statement Overview
Summary
Income Statement
72
Positive
Balance Sheet
85
Very Positive
Cash Flow
78
Positive
| Breakdown | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 1.36B | 1.44B | 1.26B | 2.26B | 1.85B |
| Gross Profit | 151.61M | 156.29M | 157.91M | 185.59M | 162.56M |
| EBITDA | 115.01M | 129.37M | 136.96M | 149.12M | 130.91M |
| Net Income | 60.90M | 64.52M | 79.29M | 72.25M | 62.80M |
Balance Sheet | |||||
| Total Assets | 806.76M | 799.59M | 730.49M | 833.12M | 797.02M |
| Cash, Cash Equivalents and Short-Term Investments | 384.84M | 372.61M | 354.90M | 363.78M | 247.40M |
| Total Debt | 60.02M | 59.68M | 75.06M | 82.06M | 79.65M |
| Total Liabilities | 411.10M | 423.17M | 378.82M | 486.73M | 514.54M |
| Stockholders Equity | 395.44M | 375.18M | 349.70M | 343.94M | 281.17M |
Cash Flow | |||||
| Free Cash Flow | 84.90M | 104.64M | 101.48M | 162.95M | 113.30M |
| Operating Cash Flow | 90.41M | 108.99M | 107.89M | 169.56M | 125.89M |
| Investing Cash Flow | -13.15M | -15.00M | -16.82M | -5.84M | -3.77M |
| Financing Cash Flow | -63.10M | -75.74M | -97.98M | -47.72M | -44.32M |
Logwin AG Technical Analysis
Positive
250.00
Price Trends
285.36
Negative
270.76
Positive
260.10
Positive
Market Momentum
-2.27
Positive
50.06
Neutral
63.33
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For DE:TGHN, the sentiment is Positive. The current price of 250 is below the 20-day moving average (MA) of 283.00, below the 50-day MA of 285.36, and below the 200-day MA of 260.10, indicating a neutral trend. The MACD of -2.27 indicates Positive momentum. The RSI at 50.06 is Neutral, neither overbought nor oversold. The STOCH value of 63.33 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for DE:TGHN.
Logwin AG Peers Comparison
UnderperformOutperform
Sector (55)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
79 Outperform | €810.69M | 12.10 | 16.03% | 5.12% | 21.42% | -10.98% | |
60 Neutral | €54.15B | 15.14 | 15.89% | 3.97% | 0.77% | 12.83% | |
58 Neutral | €2.93B | 34.87 | 10.18% | 2.29% | -1.50% | 2.01% | |
55 Neutral | $13.29B | 17.42 | 10.03% | 0.93% | 7.13% | -12.93% | |
54 Neutral | €20.72B | 22.72 | 4.94% | 7.14% | 8.66% | 5.41% | |
53 Neutral | €5.91B | 38.89 | 3.82% | 1.23% | -2.20% | -18.16% | |
40 Underperform | €2.15B | 165.57 | 1.25% | 0.47% | 13.44% | 113.13% |
* Services Sector Average
DE:TGHN
Logwin AG
282.00
54.29
23.84%
DE:DHL
DHL Group
49.14
15.08
44.25%
DE:HHFA
Hamburger Hafen und Logistik
22.00
3.70
20.21%
DE:HLAG
Hapag Lloyd
117.90
-6.81
-5.46%
DE:JUN3
Jungheinrich
28.74
0.06
0.20%
DE:KGX
KION GROUP AG
45.04
12.58
38.77%
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.