Employees: 3,690
Size Logwin (TGHN.DE) is a Germany Industrials company (Trucking) with a market value of $942M, the 149th largest of 205 Germany companies the cockpit tracks. Shares closed at €292.00 on 6 Nov 2026.
Performance Over six months the shares gained 5.0%, against -7.9% for the median peer and +2.6% for the Germany market (cap-weighted) — 9th highest of 21 in its peer set.
Growth Revenue fell 5.6% over the last twelve months (peer median +3.5%); the operating margin is 5.4% (peer median 4.3%).
Valuation It trades at 15.2× forward earnings against a peer median of 16.1× (8th cheapest of 16).
Price implies For today's price to make sense, revenue must grow about -16% a year for seven years (Req g). Recent delivered growth is +4%, so the hurdle is -20 pp: the price already allows for a slowdown.
Capital Return on invested capital runs 42.4 points above its cost of capital (5.0% WACC).
Next results Next results expected around 4 Mar 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | €1.41B | €1.36B | €1.44B | €1.26B | €2.26B |
| Revenue growth | — | -6% | +15% | -44% | — |
| Gross profit | €156M | €152M | €149M | €158M | €184M |
| EBITDA | €106M | €115M | €115M | €130M | €161M |
| Net income | €56.9M | €60.9M | €64.5M | €79.3M | €72.2M |
| Free cash flow | €56.2M | €84.9M | €105M | €101M | €163M |
| Capital expenditure | €12.8M | €5.51M | €4.35M | €6.41M | €6.61M |
| Total debt | n/a | €60.0M | €59.7M | €75.1M | €82.1M |
The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.
Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
| Measure | TGHN.DE | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | +5.0% | -3.1% | 7th highest of 21 |
| 6-month return | +5.0% | -7.9% | 9th highest of 21 |
| Distance from 52-week high | -4.0% | -31.9% | 2nd highest of 21 |
| Revenue growth (TTM) | -5.6% | +3.5% | 6th lowest of 21 |
| Operating margin | 5.4% | 4.3% | 8th highest of 21 |
| Forward P/E | 15.2× | 16.1× | 8th cheapest of 16 |
| Growth the price implies (Req g, 7 yrs) | -16.0% | 5.9% | least demanding of 15 |
| Growth delivered (Del g) | +3.9% | +7.8% | 4th lowest of 15 |
| Hurdle (Req g minus delivered) | -19.9 pp | -0.2 pp | least demanding of 15 |
| ROIC minus cost of capital | +42.4 pp | -1.8 pp | highest of 21 |
| EV / EBITDA | 5.3× | 9.0× | cheapest of 15 |
| Net debt / EBITDA | -2.6× | 2.2× | least indebted of 15 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Logwin TGHN.DE | Germany | $942M | +5% | -6% | 5% | 15.2× | -16.0% | +3.9% |
| Marten Transport MRTN | United States | $959M | -25% | -5% | 1% | 27.1× | n/a | n/a |
| Maruzen Showa Unyu 9068.T | Japan | $922M | -15% | +3% | 10% | 10.5× | -7.4% | +4.2% |
| NTG Nordic Transport Group A/S NTG.CO | Denmark | $1.09B | +71% | +16% | 5% | 20.6× | -0.4% | +16.4% |
| Shanghai Juss Sports and Entertainment 600676.SS | China | $802M | -36% | -14% | -15% | n/a | 5.1% | -11.0% |
| Covenant Logistics CVLG | United States | $801M | -5% | +12% | 1% | 12.3× | n/a | n/a |
| Sakai Moving Service 9039.T | Japan | $785M | +2% | +4% | 10% | 13.7× | -11.2% | +4.5% |
| Heartland Express HTLD | United States | $780M | -24% | -17% | -6% | 28.2× | n/a | n/a |
| Fulongma 603686.SS | China | $743M | -37% | +6% | 6% | 27.8× | 2.4% | -2.0% |
| Shibusawa Logistics 9304.T | Japan | $723M | +48% | +2% | 5% | n/a | 16.9% | +4.1% |
| Universal Logistics ULH | United States | $715M | +108% | -7% | 4% | 13.9× | n/a | n/a |
| Shanghai Jin Jiang Online Network Service 600650.SS | China | $705M | -14% | -19% | -2% | n/a | 5.6% | -10.8% |
| Transport Corporation of India TCI.NS | India | $700M | -12% | +12% | 8% | 14.2× | 14.9% | +11.9% |
| Shengyuan Environmental Protection 300867.SZ | China | $638M | -24% | +3% | 28% | 11.8× | -4.1% | +8.5% |
| VRL Logistics VRLLOG.NS | India | $624M | +27% | +11% | 14% | 16.1× | 6.2% | +12.8% |
| San Yang Ma (Chongqing) Logistics 001317.SZ | China | $606M | -11% | -51% | 4% | n/a | 35.8% | +7.1% |
| Forward Air FWRD | United States | $562M | +69% | 0% | 3% | 153.6× | 17.1% | +14.5% |
| Werner Enterprises WERN | United States | $1.62B | -26% | +15% | 2% | 18.8× | n/a | n/a |
| STEF STF.PA | France | $1.79B | +12% | +8% | 4% | 11.0× | 7.1% | +10.2% |
| Yongtaiyun Chemical Logistics 001228.SZ | China | $481M | +7% | +31% | 5% | n/a | n/a | n/a |
| Mullen MTL.TO | Canada | $1.98B | +36% | +12% | 9% | 18.2× | 6.5% | +12.9% |