Tower logo

TWR - Tower Share Price

NZD0.745 0.0  0.0%

Last Trade - 05/03/21

Sector
Financials
Size
Small Cap
Market Cap £162.5m
Enterprise Value £126.7m
Revenue £165.9m
Position in Universe 508th / 1857
Bullish
Bearish
Unlock TWR Revenue
Momentum
Relative Strength (%)
1m +8.70%
3m
6m
1yr
Volume Change (%)
10d / 3m
Price vs... (%)
52w High -3.25%
50d MA
200d MA
Growth & Value
12m Forecast Rolling Industry Market
Valuation (ttm) Industry Market
Margin of Safety
Qualifying GuruScreens
Financial Summary
Year End 30th Sep 2015 2016 2017 2018 2019 2020 2021E 2022E CAGR / Avg
265.7 266.2 267.6 281.7 303.4 320.7 341.9 361.5 +3.8%
+94.4 -39.6 +114 +11.5
PEG
Profitability
ROA
%
%
Cashflow
Dividends
Balance Sheet
NFA
m
FINANCIAL BRIEF: : For the fiscal year ended 30 September 2020, TOWERLimited revenues increased 6% to NZ$320.7M. Net incomedecreased 28% to NZ$11.9M. Revenues reflect increase in netpremium earned. Net income was offset by Financing andother costs increase from NZ$312K to NZ$1.1M (expense).Basic Earnings per Share excluding Extraordinary Itemsdecreased from NZ$0.05 to NZ$0.03.
Health Trend(F-Score)
0 1 2 3 4 5 6 7 8 9
Bankruptcy Score(Z-Score)
Distress
Cautious
Safe
Earnings Manipulation Risk(M-Score)
Other Ratios
Recent History
Latest interim period vs. prior period Industry Market
3yr Compound Annual Growth Rate Industry Market
Graphical History

Revenue

TWR Revenue Unlock TWR Revenue

Net Income

TWR Net Income Unlock TWR Revenue

Normalised EPS

TWR Normalised EPS Unlock TWR Revenue

PE Ratio Range

TWR PE Ratio Range Unlock TWR Revenue

Dividend Yield Range

TWR Dividend Yield Range Unlock TWR Revenue
Analyst Forecasts
Price Target:
( below Price)
31st Dec 2021
31st Dec 2022
Est. Long Term Growth Rate: Net Profit
()
EPS
()
DPS
()
Net Profit
()
EPS
()
DPS
()
Consensus Estimate
1m Change
3m Change
Analyst Consensus
Strong Sell Sell Hold Buy Strong Buy
EPS 2019 /  2020
TWR EPS Forecasts Unlock TWR Revenue
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 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.

Directors
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
SIPPs
TWR Share Price Performance
Share Price
Bid - Ask
Low - High
Spread
Day's Change
Avg Volume
Open - Close
Range (12m)
Beta
Latest News for TWR
Upcoming Events for TWR
Frequently Asked Questions for Tower
What is the Tower share price?

As of 05/03/21, shares in Tower are trading at NZD0.745, giving the company a market capitalisation of £162.5m. This share price information is delayed by 15 minutes.

How has the Tower share price performed this year?

Shares in Tower are currently trading at NZD0.745 and the price has moved by 7.19% 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 -0.07% over the past year.

What are the analyst and broker recommendations for Tower?

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.

When will Tower next release its financial results?

Tower is scheduled to issue upcoming financial results on the following dates:

Interim results are scheduled for: 2021-09-30
What is the Tower dividend yield?

Tower does not currently pay a dividend.

Does Tower pay a dividend?

Tower does not currently pay a dividend.

When does Tower next pay dividends?

Tower does not currently pay a dividend.

How do I buy Tower shares?

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.

What is the market cap of Tower?

Shares in Tower are currently trading at NZD0.745, giving the company a market capitalisation of £162.5m.

Where are Tower shares listed? Where are Tower shares listed?

Here are the trading details for Tower:

Country of listing: New Zealand
Exchange: NZC
Ticker Symbol: TWR
What kind of share is 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.

Is there a Tower share price forecast 2021?

Shares in Tower are currently priced at NZD0.745. At that level they are trading at 54.36% discount to the analyst consensus target price of 0.00.

Analysts covering Tower currently have a consensus Earnings Per Share (EPS) forecast of 0.061 for the next financial year.

How can I tell whether the Tower share price will go up?

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 13.41%. At the current price of NZD0.745, shares in Tower are trading at 17.86% against their 200 day moving average. You can read more about the power of momentum in assessing share price movements on Stockopedia.

What is the Tower PE Ratio?

The Tower PE ratio based on its reported earnings over the past 12 months is 26.13. The shares are currently trading at NZD0.745.

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.

Who are the key directors of Tower?

Tower's management team is headed by:

Gavin Pearce - CRO
Graham Stuart - NID
Stephen Smith - NID
Michael Stiassny - NEC
Warren Lee - NID
Peter Muggleston - OTH
Michelle McBride - OTH
Marcus Nagel - NED
Michelle James - OTH
Jane Hardy - GMG
Jeffrey Simon Wright - CFO
Paula ter Brake - OTH
Ron Mudaliar - OTH
Blair Turnbull - CEO
Who are the major shareholders of Tower?

Here are the top five shareholders of Tower based on the size of their shareholding:

Accident Compensation Corporation Insurance Company
Percentage owned: 9.93% (41.9m shares)
BT Funds Management (New Zealand) Ltd. Investment Advisor
Percentage owned: 5.48% (23.1m shares)
Devon Funds Management Limited Investment Advisor
Percentage owned: 4.96% (20.9m shares)
New Zealand Funds Management Ltd. Investment Advisor
Percentage owned: 4.2% (17.7m shares)
Salt Funds Management Limited Hedge Fund
Percentage owned: 2.93% (12.4m shares)
Similar to TWR
© Stockopedia 2021, Refinitiv, Share Data Services.
This site cannot substitute for professional investment advice or independent factual verification. To use it, you must accept our Terms of Use, Privacy and Disclaimer policies.