NZD0.82 0.0 0.6%
Last Trade - 09/04/21
| Market Cap | £177.6m |
| Enterprise Value | £142.0m |
| Revenue | £164.7m |
| Position in Universe | 510th / 1893 |
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| Year End 30th Sep | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021E | 2022E | CAGR / Avg | |
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| 265.7 | 266.2 | 267.6 | 281.7 | 303.4 | 320.7 | 370.2 | 391 | +3.8% | ||
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31st Dec 2021
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31st Dec 2022
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Tower Limited is a New Zealand-based company, which is engaged in the provision of general insurance. The Company operates in two geographical segments: New Zealand and the Pacific region. The New Zealand segment consists of general insurance business written in New Zealand. The Pacific Islands segment includes general insurance business with customers in the Pacific Islands written by Tower Insurance Limited subsidiaries and branch operations. The Company offers car insurance, content insurance, house insurance, business insurance, travel insurance and others. Its Other insurances include motorbike insurance, boat insurance and caravan insurance It offers a mobile application, SmartDriver, which help users manage their driving by giving them tips along the way. SmartDriver application collects basic driving information through the sensors within users' smartphone, including the accelerometer and the global positioning system.
| Last Annual | September 30th, 2020 |
| Last Interim | September 30th, 2020 |
| Incorporated | October 1, 1999 |
| Public Since | September 28, 1999 |
| No. of Shareholders: | n/a |
| No. of Employees: | 366 |
| Sector | Financials |
| Industry | Insurance |
| Index | |
| Exchange | New Zealand Stock Exchange |
| Shares in Issue | 421,647,258 |
| Free Float | (0.0%) |
| Eligible for |
✓
ISAs
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SIPPs
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| Address | Level 14 45 Queen Street, AUCKLAND, 1010, New Zealand |
| Web | https://www.tower.co.nz/ |
| Phone | +64 9 9851566 |
| Contact | () |
| Auditors | PricewaterhouseCoopers LLP |
As of 09/04/21, shares in Tower are trading at NZD0.82, giving the company a market capitalisation of £177.6m. This share price information is delayed by 15 minutes.
Shares in Tower are currently trading at NZD0.82 and the price has moved by 41.38% over the past 365 days. In terms of relative price strength - which takes into account the overall market trend - the Tower price has moved by 6.04% over the past year.
Of the analysts with advisory recommendations for Tower, there are there are currently 0 "buy" , 0 "hold" and 0 "sell" recommendations. The overall consensus recommendation for Tower is Buy. You can view the full broker recommendation list by unlocking its StockReport.
Tower is scheduled to issue upcoming financial results on the following dates:
Tower does not currently pay a dividend.
Tower does not currently pay a dividend.
Tower does not currently pay a dividend.
To buy shares in Tower you'll need a share-dealing account with an online or offline stock broker. Once you have opened your account and transferred funds into it, you'll be able to search and select shares to buy and sell. You can use Stockopedia’s share research software to help you find the the kinds of shares that suit your investment strategy and objectives.
Shares in Tower are currently trading at NZD0.82, giving the company a market capitalisation of £177.6m.
Here are the trading details for Tower:
Based on an overall assessment of its quality, value and momentum, Tower is currently classified as a Turnaround. The classification is based on a composite score that examines a wide range of fundamental and technical measures. Stock are classified on the the following spectrum: Super Stocks, High Flyers, Contrarians, Turnarounds, Neutral, Value Traps, Momentum Traps, Falling Stars, and Sucker Stocks. For more information, learn about our StockRank Styles.
Shares in Tower are currently priced at NZD0.82. At that level they are trading at 40.24% discount to the analyst consensus target price of 0.00.
Analysts covering Tower currently have a consensus Earnings Per Share (EPS) forecast of 0.063 for the next financial year.
An important predictor of whether a stock price will go up is its track record of momentum. Price trends tend to persist, so it's worth looking at them when it comes to a share like Tower. Over the past six months, the relative strength of its shares against the market has been 19.53%. At the current price of NZD0.82, shares in Tower are trading at 25.99% against their 200 day moving average. You can read more about the power of momentum in assessing share price movements on Stockopedia.
The Tower PE ratio based on its reported earnings over the past 12 months is 28.76. The shares are currently trading at NZD0.82.
The PE ratio (or price-to-earnings ratio) is the one of the most popular valuation measures used by stock market investors. It is calculated by dividing a company's price per share by its earnings per share.
The PE ratio can be seen as being expressed in years, in the sense that it shows the number of years of earnings which would be required to pay back the purchase price, ignoring inflation. So in general terms, the higher the PE, the more expensive the stock is.
Tower's management team is headed by:
Here are the top five shareholders of Tower based on the size of their shareholding:
