Tennant Company Will Clean Up

Daniel JonesInvesting Group LeaderFollow5ShareSavePlay(11min)CommentsSummaryTennant Company remains a "Buy" despite recent share price underperformance and near-term revenue declines.TNC's valuation is attractive on both absolute and relative bases, trading at the lowest P/E and EV/EBITDA among peers.Management guides for a 3%–5% organic revenue decline, but expects EBITDA margin improvement and ongoing strategic innovation.Growth in AMR robotics, new product launches, and ERP modernization position TNC for long-term value creation. Sue Thatcher/iStock Editorial via Getty Images Back in early September, one company that I decided to take another look at was Tennant Company (TNC). This is a fascinating enterprise, at least to me because not only is it one of the oldest companies out there, havingThis article was written byDaniel Jones35.98K FollowersFollowDaniel is an avid and active professional investor. He runs Crude Value Insights, a value-oriented newsletter aimed at analyzing the cash flows and assessing the value of companies in the oil and gas space. His primary focus is on finding businesses that are trading at a significant discount to their intrinsic value by employing a combination of Benjamin Graham's investment philosophy and a contrarian approach to the market and the securities therein. Learn more.Analyst’s Disclosure:I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article. Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.Recommended For You