tonies SE Class A (TNIE) AI Stock Analysis

• Market Cap: €1.10B
• Dividend Yield: N/A
• Average Volume (3M): 88.83K
• Price to Earnings (P/E): 35.8
• Beta (1Y): 0.33
• Revenue Growth: 29.34%
• EPS Growth: N/A
• Country: DE
• Employees: 561
• Sector: Consumer Cyclical
• Sector Strength: 84
• Industry: Leisure
• EPS (TTM): N/A
• Shares Outstanding: 126,847,590
• 10 Day Avg. Volume: 125,739
• 30 Day Avg. Volume: 88,828
• PEG Ratio: -0.30
• Price to Book (P/B): 2.49
• Price to Sales (P/S): 1.79
• P/FCF Ratio: 27.83
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: €12.00
• Price Target Upside: 27.66% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 1
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 79 Outperform
• Price Target: €11.00 ▲(17.02% Upside)

Tonies SE Class A receives a strong overall score driven by robust financial performance and positive earnings call sentiment. The company's strong revenue growth and strategic product launches, particularly the Toniebox 2, have been well received, contributing to a positive outlook. However, the high P/E ratio indicates a premium valuation, which may limit upside potential unless earnings growth continues to accelerate. Technical indicators support a bullish trend, though caution is advised as the stock approaches overbought levels.

Positive Factors

Revenue Growth

Strong revenue growth indicates robust demand and successful market penetration, enhancing long-term sustainability and competitive positioning.

Global Expansion

Global expansion increases market reach and brand recognition, providing a diversified revenue base and reducing dependency on any single market.

Strategic Partnerships

Strategic partnerships with major brands enhance product offerings and market appeal, driving future growth and innovation.

Negative Factors

Profitability Challenges

Ongoing profitability challenges could limit reinvestment capabilities and affect long-term financial health if not addressed.

Product Criticism

Product criticisms can impact customer satisfaction and brand reputation, potentially affecting future sales and market position.

Sales Pattern Shifts

Shifts in sales patterns can disrupt revenue consistency and complicate inventory management, impacting operational efficiency.

tonies SE Class A Business Overview & Revenue Model

Company Description

tonies SE develops and markets audio systems for children. It offers Toniebox, a connected audio player for kids that plays stories, songs, and others. It also provides headphones, USB charging station, and storage bags. In addition, it offers home and deco products. The company sells its products through retailers, as well as online. It operates in Germany, the United States, the United Kingdom, Austria, Switzerland, the Republic of Ireland, France, and internationally. The company was formerly known as 468 SPAC I SE. tonies SE was founded in 2013 and is headquartered in Luxembourg.

How the Company Makes Money

tonies SE generates revenue primarily through the sale of its Toniebox audio systems and the accompanying Tonies figures. The Toniebox is sold through various retail channels, including online platforms and physical stores, while the Tonies figures, which contain audio content, are sold individually or in bundles. The company also earns revenue from licensing agreements for content creation, partnering with well-known children's brands, authors, and content creators to expand its library of audio stories and songs. Additionally, tonies SE may benefit from subscription models or digital downloads in the future, further increasing its potential revenue streams.

tonies SE Class A Financial Statement Overview

Summary

Tonies SE Class A demonstrates strong revenue growth and improving profitability, supported by healthy cash flows and a stable balance sheet. While the company faces challenges in achieving consistent operational profitability, its low leverage and effective cash management provide a solid foundation for future growth.

Income Statement

The company has shown strong revenue growth, with a 33% increase from 2023 to 2024, indicating robust demand within its industry. Gross Profit Margin improved significantly to 50.67%, reflecting efficient cost management. Despite these positives, the company struggles with profitability at the EBIT level, although Net Profit Margin turned positive at 2.72% in 2024. This suggests improving operational performance, though challenges remain in achieving consistent profitability.

Balance Sheet

The balance sheet is solid with an improved Debt-to-Equity Ratio of 0.06, indicating low leverage and financial stability. The Equity Ratio stands at 62.03%, showcasing a strong equity base. Return on Equity improved to 3.78% in 2024, moving into positive territory, reflecting better utilization of equity. However, maintaining this trajectory will be crucial to ensure long-term stability.

Cash Flow

The company has shown significant improvement in cash flow, with Free Cash Flow turning positive and growing substantially. Operating Cash Flow to Net Income Ratio of 3.60 indicates strong cash generation relative to net income, suggesting healthy cash conversion. This robust cash flow position strengthens the company's ability to invest in growth and manage liabilities.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	510.38M	480.55M	360.95M	258.28M	187.97M	134.57M
Gross Profit	269.67M	243.51M	119.44M	32.71M	51.16M	40.50M
EBITDA	19.47M	29.60M	16.89M	-14.78M	-227.37M	-6.47M
Net Income	27.65M	13.08M	-11.81M	-31.66M	-240.50M	-16.21M
Balance Sheet
Total Assets	507.89M	558.50M	492.35M	481.83M	438.03M	350.17M
Cash, Cash Equivalents and Short-Term Investments	39.07M	86.67M	59.29M	54.92M	75.59M	9.08M
Total Debt	13.86M	20.36M	28.60M	12.43M	1.22M	58.25M
Total Liabilities	169.98M	212.10M	167.03M	147.20M	156.74M	151.64M
Stockholders Equity	337.91M	346.39M	325.32M	334.64M	281.30M	177.24M
Cash Flow
Free Cash Flow	44.97M	30.99M	-4.85M	-88.63M	-41.82M	-4.11M
Operating Cash Flow	48.98M	47.16M	8.14M	-75.08M	-32.88M	3.56M
Investing Cash Flow	-15.80M	-14.11M	-12.91M	-13.55M	-8.94M	-7.67M
Financing Cash Flow	-12.29M	-9.11M	11.59M	67.93M	102.52M	6.28M

tonies SE Class A Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 9.40
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For DE:TNIE, the sentiment is Positive. The current price of 9.4 is above the 20-day moving average (MA) of 8.78, above the 50-day MA of 8.41, and above the 200-day MA of 6.65, indicating a bullish trend. The MACD of 0.33 indicates Negative momentum. The RSI at 59.67 is Neutral, neither overbought nor oversold. The STOCH value of 71.23 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for DE:TNIE.

tonies SE Class A Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
TNIE	79 Outperform	€1.10B	35.77	8.50%	―	29.34%	―
TPG	72 Outperform	€131.49M	2.93	35.60%	―	5.73%	-25.88%
BST	62 Neutral	€114.31M	12.14	14.37%	4.13%	-1.26%	-11.97%
Sector *	61 Neutral	$18.38B	12.79	-2.54%	3.03%	1.52%	-15.83%
ULC	55 Neutral	€8.32M	―	-1.47%	―	-7.67%	-107.69%
WEW	52 Neutral	€239.26M	51.20	3.63%	―	-0.32%	―
YOU	45 Neutral	€1.06B	-10.89	―	―	3.44%	5.93%

tonies SE Class A Corporate Events

Tonies SE Celebrates Strong Q3 Earnings and Growth

The recent earnings call for Tonies SE Class A was marked by a predominantly positive sentiment, with the company celebrating the successful launch of Toniebox 2, significant revenue growth, and robust global expansion. While there were minor criticisms about product features, these did not overshadow the overall optimistic outlook for the company.