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Logwin AGTGHN.DECompetitor analysis, valuation and peers

Germany · EUR·Industrials›Trucking
Momentum strong 67
Mkt cap
$942M
US dollars, full cap
Free float
13%
of shares outstanding
$/day
$11,385
20-day average traded
Fwd P/E
15.2×
forward earnings
ROIC−WACC
+42.4 pp
WACC 5.0%
Hurdle
-20 pp
Req g minus delivered
Next earnings
118 days
4 Mar 2027
Close · EUR€292.00
1D+1.4%
1W+4.3%
1M+5.0%
3M+5.0%
6M+5.0%
YTD+14.1%
1Y+21.7%
ATR %1.5%
52w lowhigh4.0% off high

What Logwin does

Employees: 3,690

Logwin at a glance

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).

Relative performance

9010011 May 202611 Aug 20266 Nov 2026TGHN.DE 107Peer median 93
Six months, rebased to 100: Logwin against the median of its 20 peers (local-currency closes).

Logwin financials

Reported figures in EUR; fiscal year ends 2025-12-31. TTM = trailing twelve months.
TTMFY2025FY2024FY2023FY2022
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 debtn/a€60.0M€59.7M€75.1M€82.1M

Quarterly statements and history in the cockpit →

Logwin competitor charts

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.

Performance: 6-month against 1-month return

-25%0%+25%+50%+75%-20%0%+20%MRTN9068NTG600676CVLG9039HTLD6036869304ULH600650TCIVRLLOG001317FWRDWERNSTF001228MTLTGHN.DE6-month return →1-month return →
Up and to the right = strong over both horizons. Logwin is the large dot.

Fundamentals: revenue growth against valuation

-10%0%+10%0×50×100×150×MRTN9068NTGCVLG9039HTLD603686ULHTCIFWRDSTFMTLTGHN.DERevenue growth (TTM) →Forward P/E →
Further right = faster growth; higher = more expensive. The dashed lines are the peer medians. Logwin is the large dot.

Capital: growth delivered against growth the price implies

-20%0%+20%-20%0%20%9068NTG60067690396036869304600650TCI300867VRLLOG001317FWRDSTFTGHN.DEGrowth delivered (Del g) →Growth the price implies (Req g, 7 yrs) →
Above the diagonal = the price needs more growth than the company has been delivering; below = the price already allows for a slowdown. Logwin is the large dot.

Logwin competitors and peer comparison

How Logwin compares with its peers

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.

Logwin against its 20 peers (data as of 6 Nov 2026)
MeasureTGHN.DEPeer medianRank 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 margin5.4%4.3%8th highest of 21
Forward P/E15.2×16.1×8th 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 ppleast demanding of 15
ROIC minus cost of capital+42.4 pp-1.8 pphighest of 21
EV / EBITDA5.3×9.0×cheapest of 15
Net debt / EBITDA-2.6×2.2×least indebted of 15

Peer table

Peer set: Industry: the same industry and sector in any market, nearest in size
CompanyMarketMarket cap6M returnRevenue growthOp. marginForward P/EReq gDelivered g
Logwin TGHN.DEGermany$942M+5%-6%5%15.2×-16.0%+3.9%
Marten Transport MRTNUnited States$959M-25%-5%1%27.1×n/an/a
Maruzen Showa Unyu 9068.TJapan$922M-15%+3%10%10.5×-7.4%+4.2%
NTG Nordic Transport Group A/S NTG.CODenmark$1.09B+71%+16%5%20.6×-0.4%+16.4%
Shanghai Juss Sports and Entertainment 600676.SSChina$802M-36%-14%-15%n/a5.1%-11.0%
Covenant Logistics CVLGUnited States$801M-5%+12%1%12.3×n/an/a
Sakai Moving Service 9039.TJapan$785M+2%+4%10%13.7×-11.2%+4.5%
Heartland Express HTLDUnited States$780M-24%-17%-6%28.2×n/an/a
Fulongma 603686.SSChina$743M-37%+6%6%27.8×2.4%-2.0%
Shibusawa Logistics 9304.TJapan$723M+48%+2%5%n/a16.9%+4.1%
Universal Logistics ULHUnited States$715M+108%-7%4%13.9×n/an/a
Shanghai Jin Jiang Online Network Service 600650.SSChina$705M-14%-19%-2%n/a5.6%-10.8%
Transport Corporation of India TCI.NSIndia$700M-12%+12%8%14.2×14.9%+11.9%
Shengyuan Environmental Protection 300867.SZChina$638M-24%+3%28%11.8×-4.1%+8.5%
VRL Logistics VRLLOG.NSIndia$624M+27%+11%14%16.1×6.2%+12.8%
San Yang Ma (Chongqing) Logistics 001317.SZChina$606M-11%-51%4%n/a35.8%+7.1%
Forward Air FWRDUnited States$562M+69%0%3%153.6×17.1%+14.5%
Werner Enterprises WERNUnited States$1.62B-26%+15%2%18.8×n/an/a
STEF STF.PAFrance$1.79B+12%+8%4%11.0×7.1%+10.2%
Yongtaiyun Chemical Logistics 001228.SZChina$481M+7%+31%5%n/an/an/a
Mullen MTL.TOCanada$1.98B+36%+12%9%18.2×6.5%+12.9%

Questions

Which companies are Logwin's closest peers?
The cockpit's peer set: Marten Transport (MRTN), Maruzen Showa Unyu (9068.T), NTG Nordic Transport Group A/S (NTG.CO), Shanghai Juss Sports and Entertainment (600676.SS), Covenant Logistics (CVLG), Sakai Moving Service (9039.T), Heartland Express (HTLD), Fulongma (603686.SS).
Is Logwin expensive compared with its peers?
On forward p/e it trades at 15.2× against a peer median of 16.1×, 8th cheapest of 16 in its peer set. 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.
How has Logwin stock performed?
Over six months to 6 Nov 2026 the shares returned +5.0% against -7.9% for the median peer; over one year +21.7%.

How these numbers are made. Returns are close-to-close in local currency. Revenue growth and margins are trailing twelve months. Req g is the revenue growth that today's enterprise value requires for seven years at the company's own cost of capital; Delivered g is what it actually grew; the gap is the hurdle (honest precision about ±8 points, so read the ranking more than the decimal). No fair values, price targets or analyst ratings are shown, by design. Method and validation.