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General information

Sector: Industrials

The company is not available at Interactive Brokers

Textainer Group Holdings (JSE:TXT) is one of the world’s largest lessors of intermodal containers with more than 3 million TEU in its owned and managed fleet.

Textainer leases containers to approximately 250 customers, including all of the world’s leading international shipping lines, and other lessees. The group consists of standard dry freight, dry freight specials, and refrigerated intermodal containers. It also leases tank containers through its relationship with Trifleet Leasing and is the primary supplier of containers to the U.S. Military.

Textainer is one of the largest and most reliable suppliers of new and used containers. In addition to selling older containers from its lease fleet, the group buys older containers from its shipping line customers for trading and resale. Textainer sold an average of almost 140,000 containers per year for the last five years to more than 1,500 customers making us it one of the largest sellers of used containers. Textainer operates via a network of 14 offices and approximately 500 depots worldwide.



  • Pretty weak financial results growth rate 0.3% (average between last period year over year growth for revenue and EBITDA), there is acceleration compared to average historical growth rates (0.1%)
  • Dividend yield for the last twelve months 0.0%
  • Free cash flow yield -144.1% (LTM)
  • Share price is 120.7% higher than minimum and 3.6% lower than maximum for the last 3 years
  • The company is overvalued by EV / LTM EBITDA multiple compared to target level (65.1x vs
    )
  • Fundamental value created in LTM (estimate)

Key Financials

Share price, ZAR:  (0.0%)946.00
Share price, USD: 54.33
Common stocks: 58 033 827

Dividend Yield:  0.0%
FCF Yield LTM: -144.1%
EV / LTM EBITDA: 65.1x
Last revenue growth (y/y):  -6.6%
Last growth of EBITDA (y/y):  +7.2%
Historical revenue growth:  +4.3%
Historical growth of EBITDA:  +10.3%
Target EV / EBITDA (hist percentile):
Fundamental value created in LTM:
EV / LTM EBITDA mutiple calculation
Market Cap ($m): 3 153
Net Debt ($m): 10 148
EV (Enterprise Value): 13 301
EBITDA LTM ($m): 204
EV / LTM EBITDA: 65.1x
Price to Book: 1.58x

Revenue and EBITDA

Semi-Annual values ($m)

Change (y/y)

Cash Flow

FCF ($m)

Net Debt / Cash and Equivalents ($m)

Share price and dividends (Download history)

Share price

Payment ZAR per share

Multiple and potential

EV / EBITDA

Potential dynamics

More information for subscribed users:
detailed calculation of
Potential and Created Value,
website traffic data

Releases

2022-08-11
Textainer Renews and Increases its Revolver Facility to $1.9 Billion
2022-08-02
Textainer Group Holdings Limited Reports Second-Quarter 2022 Results and Declares Dividend
2022-08-02
Declaration of Dividend
2022-07-22
Textainer announces date for the Second Quarter 2022 Earnings Release and Conference Call
2022-05-30
Dividend Update
2022-05-05
Textainer Group Holdings Limited reports first-Quarter 2022 Results and Declares Dividend
2022-05-05
Declaration of Dividend
2022-04-29
Distribution of Annual Report for the year ended December 31, 2021 and Notice of Annual General Meeting
2022-04-28
Textainer announces date for the First Quarter 2022 Earnings Release and Conference Call
2022-04-07
Textainer announces change in U.S. Tax treatment of 2021 Dividends
2022-02-28
Dividend Update
2022-02-11
Declaration of dividend
2022-02-11
Textainer Group Holdings Limited reports fourth-Quarter and full-year 2021 results and declares dividend
2022-02-03
Textainer announces date for the Fourth Quarter and Full-Year 2021 earnings release and conference call
2021-11-30
Dividend Update
2021-11-30
CANCELLATION OF S454475 Dividend Update
2021-11-29
Dividend Update
2021-11-17
Textainer renews and extends its $1.5 Billion warehouse facility
2021-11-10
Textainer to participate in NYSE Investor Access Day
2021-11-05
Textainer Group Holdings Limited reports third-quarter 2021 results and reinstates quarterly dividend

SENS Announcements

2024-03-26
Delisting Date
2024-03-08
Announcement of USD/Rand Exchange Rate and Settlement
2024-02-26
Dividend Update and Currency Conversion
2024-02-23
Finalisation Announcement
2024-02-23
Report on Proceedings at the Special Meeting
2024-02-13
Textainer Group Holdings Limited Reports Fourth-Quarter and Full-Year 2023 Results and Declares Dividend
2024-02-13
Declaration of Dividend
2024-01-18
Publication of Proxy Statement and Notice of Special Meeting
2023-12-20
Record Date for Notice of and Voting at Special Meeting Established
2023-11-27
Dividend Update and Currency Conversion
2023-11-22
Textainer Announces Expiration of “Go-Shop” Period
2023-11-02
Textainer Group Holdings Limited Reports Third-Quarter 2023 Results and Declares Dividend
2023-11-02
Declaration of Dividend
2023-10-27
Textainer Announces Date for the Third Quarter 2023 Earnings Release
2023-10-23
SEC Filing of Form 6-K relating to Merger Agreement
2023-10-23
Textainer to be Acquired by Stonepeak for $7.4 Billion
2023-08-28
Dividend Update and Currency Conversion
2023-08-01
Textainer Group Holdings Limited Reports Second-Quarter 2023 Results and Declares Dividend
2023-08-01
Declaration of Dividend
2023-07-21
Textainer announces date for the Second Quarter 2023 Earnings Release and Conference Call
2023-06-06
Report on the Proceeding at the Annual General Meeting
2023-05-29
Dividend update and currency conversion
2023-05-02
Declaration of Dividend
2023-05-02
Textainer Group Holdings Limited Reports First-Quarter 2023 Results and Declares Dividend
2023-04-25
Textainer Announces Date for the First Quarter 2023 Earnings Release and Conference Call
2023-02-27
Dividend Update
2023-02-14
Declaration of Dividend
2023-02-14
Textainer Group Holdings Limited Reports Fourth-Quarter and Full-Year 2022 Results and Increases Dividend
2023-02-08
Textainer announces date for the fourth Quarter and Full-Year 2022 Earnings Release and Conference Call
2022-11-28
Dividend Update
2022-11-01
Textainer Group Holdings Limited Reports Third-Quarter 2022 Results and Declares Dividend
2022-11-01
Declaration of Dividend
2022-10-25
Textainer Announces Date for the Third Quarter 2022 Earnings Release and Conference Call
2022-08-29
Dividend Update
2022-08-11
Textainer Renews and Increases its Revolver Facility to $1.9 Billion
2022-08-02
Declaration of Dividend
2022-08-02
Textainer Group Holdings Limited Reports Second-Quarter 2022 Results and Declares Dividend
2022-07-22
Textainer announces date for the Second Quarter 2022 Earnings Release and Conference Call
2022-06-15
Report on the proceeding at the Annual General Meeting
2022-05-30
Dividend Update