TWR · ASX

Tower Limited (ASX:TWR)

AU$1.19

 0.012 (1.059%)
ASX:Live
20/12/2024 03:55:04 PM
Quality Yield HALO Yield HALO Price Momentum HALO Ords HALO MQV +5
Consensus Score
/10
Recommend
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TWR Overview

TWR Health Scores

Short Term

Mean Reversion

Neutral

Trend

Neutral

Event

Very Weak

Halo Model

MQV

Very Weak

GARP

Neutral

MQV Small

Neutral

Valuation

Value

Consensus

Momentum

Price

Weak

Earnings

Neutral

Growth

Earnings

Very Strong

Dividends

Weak

Quality

Capital Efficiency

Weak

Balance Sheet

Very Strong

About TWR

Website

Tower Limited

Telephone

64.9.369.2000

Address

Level 5 136 Fanshawe Street Auckland 1010

Description

Tower Ltd. engages in the provision of general insurance services. It offers insurance for car, boat, motorbike, house, pet, motorhome, contents, travel, caravan, landlord, business, and related services. It operates through the New Zealand and Pacific Islands geographical segments. The New Zealand segment refers to the general insurance business underwritten in New Zealand. The Pacific Islands segment includes the general insurance business underwritten in the Pacific by its subsidiaries and branch operations. The company was founded in 1869 and is headquartered at Auckland, New Zealand.

TWR Price Chart

Key Stats

Market Cap

AU$454.95M

PE

6.00

EV/EBITDA

0.0

Dividends Overview

DIV Yield

5.4%

Franking

N/A

Ex Dividend Date (est.)

12-Jun-24

Market Data

52 weeks range

Low 0.51 - 1.32

Trade Value (12mth)

AU$10,564.00

1 week

-0.63%

1 month

-0.84%

YTD

106.09%

1 year

117.43%

All time high

2.08

Key Fundamentals

EPS 3 yr Growth

280.30%

EBITDA Margin

0.00%

Operating Cashflow

$134m

Free Cash Flow Return

40.80%

ROIC

19.90%

Interest Coverage

0.00

Quick Ratio

0.00

Other Data

Shares on Issue (Fully Dilluted)

379m

HALO Sector

Other Finance

Next Company Report Date

25-Nov-25

Ex Dividend Date (est.)

12-Jun-24

Next Dividend Pay Date (est.)

27-Jun-24

Reporting Currency

AUD

Short Sell (% of issue)

0.29

TWR Announcements

Latest Announcements

Date Announcements

18 December 24

Capital Return to Shareholders - Sealed Initial Court Orders

×

Capital Return to Shareholders - Sealed Initial Court Orders

16 December 24

Capital Return - Initial Court Orders Received

×

Capital Return - Initial Court Orders Received

29 November 24

Tower Limited ASM and Director Nominations

×

Tower Limited ASM and Director Nominations

28 November 24

Tower delivers Strong FY24 Result

×

Tower delivers Strong FY24 Result

28 November 24

Dividend/Distribution - TWR

×

Dividend/Distribution - TWR

01 November 24

Resignation of CEO

×

Resignation of CEO

24 October 24

Ceasing to be a substantial holder

×

Ceasing to be a substantial holder

23 October 24

Ceasing to be a substantial holder

×

Ceasing to be a substantial holder

22 October 24

Tower enters NZX50

×

Tower enters NZX50

22 October 24

Ceasing to be a substantial holder

×

Ceasing to be a substantial holder

22 October 24

Change in substantial holding

×

Change in substantial holding

22 October 24

Change in substantial holding

×

Change in substantial holding

21 October 24

IRD approval received for proposed share buyback

×

IRD approval received for proposed share buyback

18 October 24

Change in substantial holding

×

Change in substantial holding

17 October 24

Tower Full Year 2024 Results Date

×

Tower Full Year 2024 Results Date

16 October 24

Tower joins NZX50

×

Tower joins NZX50

11 October 24

Tower Updates FY24 Guidance

×

Tower Updates FY24 Guidance

23 September 24

Successful placement of FY25 reinsurance programme

×

Successful placement of FY25 reinsurance programme

06 September 24

Comprehensive market update as strategic review concludes

×

Comprehensive market update as strategic review concludes

08 August 24

Tower Updates Guidance

×

Tower Updates Guidance

26 July 24

Change in substantial holding

×

Change in substantial holding

25 June 24

Tower and Kiwibank sign referral agreement

×

Tower and Kiwibank sign referral agreement

20 June 24

Update - Dividend/Distribution - TWR

×

Update - Dividend/Distribution - TWR

11 June 24

Tower Updates Guidance

×

Tower Updates Guidance

28 May 24

Strong Half Year Result With Ongoing Operating Improvements

×

Strong Half Year Result With Ongoing Operating Improvements

TWR Fundamentals

Per Share Records

Historical data

Forecast data

AUD 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027
Per Share, Growth & Valuations
EPS (Basic) $ Lock Lock Lock Lock 0.04 -0.01 0.18 Lock Lock Lock
EPS (Fully Diluted) $ Lock Lock Lock Lock 0.04 -0.01 0.18 Lock Lock Lock
     Growth % Lock Lock Lock Lock -5.6 -117.7 2,381.8 Lock Lock Lock
     PE X Lock Lock Lock Lock 10.9 64.1 6.0 Lock Lock Lock
CFPS $ Lock Lock Lock Lock 0.12 0.04 0.30 Lock Lock Lock
FCFPS $ Lock Lock Lock Lock 0.09 -0.02 0.32 Lock Lock Lock
     Growth % Lock Lock Lock Lock 4.4 -63.4 580.8 Lock Lock Lock
     Yield % Lock Lock Lock Lock 15.1 -4.0 25.8 Lock Lock Lock
DPS $ Lock Lock Lock Lock 0.06 0.00 0.09 Lock Lock Lock
     Growth % Lock Lock Lock Lock 15.1 -100.0 N/A Lock Lock Lock
     Yield % Lock Lock Lock Lock 6.2 0.0 5.4 Lock Lock Lock
     Payout Ratio % Lock Lock Lock Lock 138 0 50 Lock Lock Lock
BPS $ Lock Lock Lock Lock 0.74 0.73 0.87 Lock Lock Lock
BPS (Tangible) $ Lock Lock Lock Lock 0.52 0.49 0.64 Lock Lock Lock
     Growth % Lock Lock Lock Lock -20.6 -5.4 30.3 Lock Lock Lock
Shares Outstanding
Diluted m Lock Lock Lock Lock 398 379 379 Lock Lock Lock
Basic m Lock Lock Lock Lock 398 379 379 Lock Lock Lock

Financial Records

Historical data

Forecast data

AUD 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027
Income Statement
Selling & General Expenses $m Lock Lock Lock Lock 93 -111 89 Lock Lock Lock
Gross Income $m Lock Lock Lock Lock 0 0 0 Lock Lock Lock
     Growth % Lock Lock Lock Lock N/A N/A N/A Lock Lock Lock
     Margin % Lock Lock Lock Lock 0.0 0.0 0.0 Lock Lock Lock
Cost of Goods Sold to Sales % Lock Lock Lock Lock 0 0 0 Lock Lock Lock
Depreciation & Amortisation $m Lock Lock Lock Lock 18 22 23 Lock Lock Lock
Pretax Income $m Lock Lock Lock Lock 23 7 95 Lock Lock Lock
Income Taxes $m Lock Lock Lock Lock 7 5 29 Lock Lock Lock
Net Income $m Lock Lock Lock Lock 17 -3 67 Lock Lock Lock
     Growth % Lock Lock Lock Lock -1.0 -116.9 2,369.0 Lock Lock Lock
     Margin % Lock Lock Lock Lock 5.3 -0.6 12.5 Lock Lock Lock
Cash Flow Statement
Net Operating Cash Flow $m Lock Lock Lock Lock 54 8 134 Lock Lock Lock
Capital Expenditures $m Lock Lock Lock Lock 21 22 18 Lock Lock Lock
Net Investing Cash Flow $m Lock Lock Lock Lock -22 -11 -107 Lock Lock Lock
Net Financing Cash Flow $m Lock Lock Lock Lock -58 -21 -15 Lock Lock Lock
Free Cash Flow $m Lock Lock Lock Lock 52 5 132 Lock Lock Lock
     Growth % Lock Lock Lock Lock -40.9 -90.0 2,402.8 Lock Lock Lock
     Margin % Lock Lock Lock Lock 0.2 0.0 0.2 Lock Lock Lock
Franking Balance $m Lock Lock Lock Lock 0 0 0 Lock Lock Lock
Balance Sheet
Cash & Short-Term Investments $m Lock Lock Lock Lock 0 0 0 Lock Lock Lock
Total Assets $m Lock Lock Lock Lock 714 523 575 Lock Lock Lock
Long Term Debt $m Lock Lock Lock Lock 25 25 22 Lock Lock Lock
Net Debt $m Lock Lock Lock Lock -44 -29 -43 Lock Lock Lock
Total Liabilities $m Lock Lock Lock Lock 435 246 245 Lock Lock Lock
Equity $m Lock Lock Lock Lock 279 277 330 Lock Lock Lock
Invested Capital Lock Lock Lock Lock 305 302 352 Lock Lock Lock
     Growth % Lock Lock Lock Lock -16.1 -0.7 16.5 Lock Lock Lock
Return Ratios
Return on Assets % Lock Lock Lock Lock 2.4 -0.6 11.6 Lock Lock Lock
Return on Equity % Lock Lock Lock Lock 6.2 -1.1 20.2 Lock Lock Lock
Return on Total Capital % Lock Lock Lock Lock 7.0 2.6 28.6 Lock Lock Lock
Return on Invested Capital % Lock Lock Lock Lock 4.8 0.8 19.9 Lock Lock Lock
Cash Flow Return on Invested Capital % Lock Lock Lock Lock 16.3 2.5 40.8 Lock Lock Lock

Ratios Records

Historical data

Forecast data

AUD 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027
Leverage
Liquidity
Current Ratio X Lock Lock Lock Lock 1.8 0.8 0.8 Lock Lock Lock
Quick Ratio X Lock Lock Lock Lock 0.0 0.0 0.0 Lock Lock Lock
Cash & ST Inv/Current Assets % Lock Lock Lock Lock 0.0 0.0 0.0 Lock Lock Lock
CFO/Current Liabilities % Lock Lock Lock Lock 31.0 6.5 113.4 Lock Lock Lock
Balance Sheet Efficiency
Receivables Turnover X Lock Lock Lock Lock 0.0 0.0 0.0 Lock Lock Lock
Inventory Turnover X Lock Lock Lock Lock 0.0 0.0 0.0 Lock Lock Lock
Working Capital Turnover X Lock Lock Lock Lock 2.3 0.0 0.0 Lock Lock Lock
Payables Turnover X Lock Lock Lock Lock 5.0 2.2 2.9 Lock Lock Lock
Du Pont
x Pretax Margin % Lock Lock Lock Lock 7.1 1.6 17.7 Lock Lock Lock
= Pretax Return on Assets % Lock Lock Lock Lock 3.2 1.4 16.5 Lock Lock Lock
x Tax Rate Complement (1-Tax Rate) % Lock Lock Lock Lock 30.0 66.7 31.0 Lock Lock Lock
Return on Assets % Lock Lock Lock Lock 2.4 -0.6 11.6 Lock Lock Lock
x Equity Multiplier (Assets/Equity) % Lock Lock Lock Lock 2.6 1.9 1.7 Lock Lock Lock
Return on Equity % Lock Lock Lock Lock 6.2 -1.1 20.2 Lock Lock Lock
x Earnings Retention (1-Payout) % Lock Lock Lock Lock -37.5 100.0 50.1 Lock Lock Lock
= Reinvestment Rate (%) % Lock Lock Lock Lock -2.3 -1.1 10.1 Lock Lock Lock
Operating Cycle
Days of Inventory on Hand Days Lock Lock Lock Lock 0.0 0.0 0.0 Lock Lock Lock
+ Days of Sales Outstanding Days Lock Lock Lock Lock 0.0 0.0 0.0 Lock Lock Lock
Operating Cycle Days Lock Lock Lock Lock 0.0 0.0 0.0 Lock Lock Lock
- Days of Payables Outstanding Days Lock Lock Lock Lock 0.0 0.0 0.0 Lock Lock Lock
Net Operating Cycle Days Lock Lock Lock Lock 0.0 0.0 0.0 Lock Lock Lock

Dividends

Key Stats

Ex Dividend Date (est.)

12-Jun-24

DIV Yield

5.4%

Franking Level

N/A

DPSg

N/A

Quality Yield

Lock

Falling Divs over next 2

Lock

Expected Dividend Cashflow

Dividend Clarity,
Enhanced
Strategy

Upload your portfolio and gain access to 3-year dividend forecasts for each holding with HALO Global. Empower your decision-making and maximize returns with our advanced analytical tool. Try it today.

Values and Recommendations

Key Stats

Consensus Score

Lock

Recommendation

Lock

EPS 1 month Change

Lock

Quality Yield

Lock

Falling Divs over next 2

Lock

Halo Consensus Score

Lock Chart

PEG Ratio

Lock Chart

Consensus EPS Revisions

Lock Chart

Short selling

Key Stats

Percent of Issue

0.29%

Value ($M)

1

Prior Change

N/A

7 Day Change

N/A

1 Month Change

N/A

3 Month Change

0.30%

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Short-selling
Opportunities

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TWR Shortsell

Frequently Asked Questions

The current share price of Tower Limited (TWR:ASX) is AU$1.19.
The 52-week high share price for Tower Limited (TWR:ASX) is AU$1.32.
The 52-week low share price for Tower Limited (TWR:ASX)? is AU$0.51.
The current TTM dividend payout for Tower Limited (TWR:ASX) is 5.40.
The last dividend payment of Tower Limited (TWR:ASX) is AU$0.03.
Tower Limited (TWR:ASX) has a franking level of 0.0%.
Tower Limited (TWR:ASX) is classified in the Other Finance.
The current P/E ratio for Tower Limited (TWR:ASX) is 6.00.
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HALO Technologies Pty Ltd ABN 54 623 830 866 is a Corporate Authorised Representative No 1261916 of Macrovue Pty Ltd ABN 98 600 022 679 AFSL 484264. Macrovue Pty Ltd is a wholly owned subsidiary of HALO Technologies Pty Ltd.