- NZ$313.07m
- NZ$281.68m
- NZ$402.74m
- 62
- 89
- 99
- 95
Growth & Value
| 12m Forecast Rolling | Industry | Market | |
|---|---|---|---|
| PE Ratio (f) | 7.05 | ||
| PEG Ratio (f) | 0.15 | ||
| EPS Growth (f) | 89.11% | ||
| Dividend Yield (f) | 7.41% | ||
| Valuation (ttm) | Industry | Market | |
|---|---|---|---|
| Price to Book Value | 1.04 | ||
| Price to Tang. Book | 1.55 | ||
| Price to Free Cashflow | n/a | ||
| Price to Sales | 0.78 | ||
| EV to EBITDA | 8.86 | ||
Shareholder Activity
| Type | Buy / Hold / Sell |
|---|---|
| Institutions | |
| Directors | |
| Community |
Guru Screens
Quality
| Name | Industry | Market | |
|---|---|---|---|
| Return on Capital | 0.79% | ||
| Return on Equity | 0.76% | ||
| Operating Margin | 1.85% | ||
Financial Summary
| Year End 30th Sep | Unit | 2019 | 2020 | 2021 | 2022 | 2023 | 2024E | 2025E | CAGR / Avg |
|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | NZ$m | 303.36 | 320.68 | 328.04 | 348.46 | 402.74 | 523.85 | 592.94 | 7.41% |
| Operating Profit | m | ||||||||
| Net Profit | m | ||||||||
| EPS Reported | |||||||||
| Diluted Normalised EPS | |||||||||
| EPS Growth | % | +94.37 | -49.7 | +83.22 | -32.33 | n/a | n/a | +8.04 | n/a |
| PE Ratio | x | ||||||||
| PEG | |||||||||
| Profitability | |||||||||
| Operating Margin | % | ||||||||
| ROA | % | ||||||||
| ROCE | % | ||||||||
| ROE | % | ||||||||
| Cashflow | |||||||||
| Op. Cashflow ps | |||||||||
| Capex ps | |||||||||
| Free Cashflow ps | |||||||||
| Dividends | |||||||||
| Dividend ps | |||||||||
| Dividend Growth | % | ||||||||
| Dividend Yield | % | ||||||||
| Dividend Cover | x | ||||||||
| Balance Sheet | |||||||||
| Cash etc | m | ||||||||
| Working Capital | m | ||||||||
| NFA | m | ||||||||
| Net Debt | m | ||||||||
| Book Value | m | ||||||||
| Diluted Weighted Average Shares | m | ||||||||
| Book Value ps | |||||||||
Other Ratios
| Leverage (ttm) | Total | - Intang | + Pension |
|---|---|---|---|
| Gross Gearing | |||
| Net Gearing | |||
| Cash / Assets |
| Liquidity (ttm) | |
|---|---|
| Curr. Ratio | |
| Quick Ratio | |
| Interest Cov. | |
| Efficiency (ttm) | |
|---|---|
| Asset Turnover | |
| Recs Turnover | |
| Stock Turnover | |
Recent History
| Latest interim period vs. prior period | Industry | Market | |
|---|---|---|---|
| Sales Growth | |||
| EPS Growth | |||
| 3yr Compound Annual Growth Rate | Industry | Market | |
|---|---|---|---|
| Sales CAGR | |||
| EPS CAGR | |||
| DPS CAGR | |||
Profile Summary
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 underwritten in New Zealand. The Pacific Islands segment includes general insurance business underwritten in the Pacific by Company’s subsidiaries and branch operations. It offers various types of insurance, such as Car Insurance, House Insurance, Contents Insurance, Contract Works-Renovation cover, Landlord Insurance, Boat Insurance, Business Insurance, Travel Insurance, Pet Insurance, Renters’ Insurance, House and Contents bundle, Electric Vehicle Insurance, Motorbike & Motorcycle Insurance, Lifestyle Block and Farm, Caravan or Trailer Insurance, Motorhome, Campervan & RV Insurance, and Multi-Policy Discount. Its subsidiaries include Tower Insurance (Cook Islands) Limited and Tower Insurance (Fiji) Limited.
Directors
- Michael Stiassny NEC
- Blair Turnbull CEO
- Paul Johnston CFO
- Paula ter Brake CRO
- Jonathan Beale OTH
- Michelle James OTH
- Ronald Mudaliar OTH
- Peter Muggleston OTH
- Andrew Hambleton EXB
- Hannah Snelling SEC
- Marcus Nagel NED
- Warren Lee NID
- Stephen Smith NID
- Graham Stuart NID
- Wendy Thorpe NID
- Last Annual
- September 30th, 2023
- Last Interim
- September 30th, 2023
- Incorporated
- October 1st, 1908
- Public Since
- September 28th, 1999
- No. of Shareholders
- 23,537
- No. of Employees
- 850
- Sector
- Insurance
- Industry
- Financials
- Exchange
New Zealand Stock Exchange- Shares in Issue
- 379,483,987
- Address
- PO Box 90347, AUCKLAND, 1142
- Web
- https://www.tower.co.nz/
- Phone
- +64 93692000
- Auditors
- PricewaterhouseCoopers LLP
Latest News for TWR
Upcoming Events for TWR
Half Year 2024 Tower Ltd Earnings Call
Half Year 2024 Tower Ltd Earnings Release
FAQ
As of Today at 19:22 UTC, shares in Tower are trading at NZ$0.83. This share price information is delayed by 15 minutes.
Shares in Tower last closed at NZ$0.83 and the price had moved by +34.15% over the past 365 days. In terms of relative price strength the Tower share price has outperformed the ASX All Ordinaries Index by +28.31% over the past year.
The overall consensus recommendation for Tower is Buy. You can view the full broker recommendation list by unlocking its StockReport.
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.
As of the previous close price of NZ$0.83, shares in Tower had a market capitalisation of NZ$313.07m.
Here are the trading details for Tower:
- Country of listing: New Zealand
- Exchange: NZC
- Ticker Symbol: TWR
Based on an overall assessment of its quality, value and momentum Tower is currently classified as a Super Stock. 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.
The analyst consensus target price for shares in Tower is NZ$0.90. That is 9.09% above the last closing price of NZ$0.83.
Analysts covering Tower currently have a consensus Earnings Per Share (EPS) forecast of NZ$0.11 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, its share price has outperformed the ASX All Ordinaries Index by +14.73%.
As of the last closing price of NZ$0.83, shares in Tower were trading +29.29% higher than 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 7.05. The shares last closed at NZ$0.83.
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:
- Michael Stiassny - NEC
- Blair Turnbull - CEO
- Paul Johnston - CFO
- Paula ter Brake - CRO
- Jonathan Beale - OTH
- Michelle James - OTH
- Ronald Mudaliar - OTH
- Peter Muggleston - OTH
- Andrew Hambleton - EXB
- Hannah Snelling - SEC
- Marcus Nagel - NED
- Warren Lee - NID
- Stephen Smith - NID
- Graham Stuart - NID
- Wendy Thorpe - NID