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TNC vs. ETN
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility
Financials

Performance

TNC vs. ETN - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Tennant Company (TNC) and Eaton Corporation plc (ETN). The values are adjusted to include any dividend payments, if applicable.

-20.00%-15.00%-10.00%-5.00%0.00%5.00%10.00%15.00%JuneJulyAugustSeptemberOctoberNovember
-12.02%
11.40%
TNC
ETN

Returns By Period

In the year-to-date period, TNC achieves a -2.45% return, which is significantly lower than ETN's 58.66% return. Over the past 10 years, TNC has underperformed ETN with an annualized return of 3.87%, while ETN has yielded a comparatively higher 21.80% annualized return.


TNC

YTD

-2.45%

1M

-1.05%

6M

-12.02%

1Y

3.79%

5Y (annualized)

5.45%

10Y (annualized)

3.87%

ETN

YTD

58.66%

1M

9.71%

6M

11.40%

1Y

66.91%

5Y (annualized)

35.84%

10Y (annualized)

21.80%

Fundamentals


TNCETN
Market Cap$1.62B$142.45B
EPS$5.67$9.38
PE Ratio15.1138.43
PEG Ratio2.013.11
Total Revenue (TTM)$1.27B$24.61B
Gross Profit (TTM)$544.80M$9.42B
EBITDA (TTM)$186.50M$5.48B

Key characteristics


TNCETN
Sharpe Ratio0.142.42
Sortino Ratio0.402.97
Omega Ratio1.051.43
Calmar Ratio0.123.38
Martin Ratio0.2310.89
Ulcer Index16.35%6.14%
Daily Std Dev26.85%27.64%
Max Drawdown-83.81%-68.95%
Current Drawdown-26.62%0.00%

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Correlation

-0.50.00.51.00.4

The correlation between TNC and ETN is 0.37, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Risk-Adjusted Performance

TNC vs. ETN - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Tennant Company (TNC) and Eaton Corporation plc (ETN). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.


Sharpe ratio
The chart of Sharpe ratio for TNC, currently valued at 0.14, compared to the broader market-4.00-2.000.002.004.000.142.42
The chart of Sortino ratio for TNC, currently valued at 0.40, compared to the broader market-4.00-2.000.002.004.000.402.97
The chart of Omega ratio for TNC, currently valued at 1.05, compared to the broader market0.501.001.502.001.051.43
The chart of Calmar ratio for TNC, currently valued at 0.12, compared to the broader market0.002.004.006.000.123.38
The chart of Martin ratio for TNC, currently valued at 0.23, compared to the broader market0.0010.0020.0030.000.2310.89
TNC
ETN

The current TNC Sharpe Ratio is 0.14, which is lower than the ETN Sharpe Ratio of 2.42. The chart below compares the historical Sharpe Ratios of TNC and ETN, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Rolling 12-month Sharpe Ratio0.001.002.003.004.00JuneJulyAugustSeptemberOctoberNovember
0.14
2.42
TNC
ETN

Dividends

TNC vs. ETN - Dividend Comparison

TNC's dividend yield for the trailing twelve months is around 1.25%, more than ETN's 1.00% yield.


TTM20232022202120202019201820172016201520142013
TNC
Tennant Company
1.25%1.16%1.65%1.16%1.27%1.13%1.63%1.16%1.14%1.42%1.08%1.06%
ETN
Eaton Corporation plc
1.00%1.43%2.06%1.76%2.43%3.00%3.85%3.04%3.40%4.23%2.88%2.21%

Drawdowns

TNC vs. ETN - Drawdown Comparison

The maximum TNC drawdown since its inception was -83.81%, which is greater than ETN's maximum drawdown of -68.95%. Use the drawdown chart below to compare losses from any high point for TNC and ETN. For additional features, visit the drawdowns tool.


-35.00%-30.00%-25.00%-20.00%-15.00%-10.00%-5.00%0.00%JuneJulyAugustSeptemberOctoberNovember
-26.62%
0
TNC
ETN

Volatility

TNC vs. ETN - Volatility Comparison

Tennant Company (TNC) has a higher volatility of 12.26% compared to Eaton Corporation plc (ETN) at 9.04%. This indicates that TNC's price experiences larger fluctuations and is considered to be riskier than ETN based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


4.00%6.00%8.00%10.00%12.00%14.00%16.00%JuneJulyAugustSeptemberOctoberNovember
12.26%
9.04%
TNC
ETN

Financials

TNC vs. ETN - Financials Comparison

This section allows you to compare key financial metrics between Tennant Company and Eaton Corporation plc. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.


Quarterly
Annual

Total Revenue: Total amount of money received from sales and other business activities


Values in USD except per share items