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TWR · ASX

Tower Limited (ASX:TWR)

AU$0.72

 0.015 (2.143%)
ASX:Live
17/05/2024 02:07:01 PM
Quality Yield HALO Value HALO Ords HALO MQV HALO Momentum +5
Consensus Score
/10
Recommend
Target Price
Deviation
Unlock Full Consensus Insights

TWR Overview

TWR Health Scores

Short Term

Mean Revision

Neutral

Trend

Neutral

Event

Neutral

Halo Model

MQV

Very Weak

GARP

Very Weak

MQV Small

Neutral

Valuation

Value

Consensus

Momentum

Price

Neutral

Earnings

Weak

Growth

Earnings

Very Weak

Dividends

Very Strong

Quality

Capital Efficiency

Neutral

Balance Sheet

Very Strong

About TWR

Telephone

Address

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$274.60M

PE

64.10

EV/EBITDA

3.6

Dividends Overview

DIV Yield

.0%

Franking

N/A

Ex Dividend Date (est.)

N/A

Market Data

52 weeks range

Low 0.51 - 0.8

Trade Value (12mth)

AU$11,608.00

1 week

-1.38%

1 month

-9.49%

YTD

24.35%

1 year

24.35%

All time high

2.0827999114990234

Key Fundamentals

EPS 3 yr Growth

-130.400%

EBITDA Margin

0.00%

Operating Cashflow

$8m

Free Cash Flow Return

2.70%

ROIC

0.70%

Interest Coverage

0.00

Quick Ratio

0.00

Other Data

Shares on Issue (Fully Dilluted)

379m

HALO Sector

Next Company Report Date

19-Nov-24

Ex Dividend Date (est.)

N/A

Next Dividend Pay Date (est.)

N/A

Reporting Currency

AUD

Short Sell (% of issue)

0.00

TWR Announcements

Latest Announcements

Date Announcements

15 May 24

IFRS 17 and Interim Solvency Standard Transition Update

×

IFRS 17 and Interim Solvency Standard Transition Update

26 April 24

AM Best affirms Tower Limited's A-(Excellent) FSR

×

AM Best affirms Tower Limited's A-(Excellent) FSR

17 April 24

Tower Updates Guidance

×

Tower Updates Guidance

16 April 24

Tower Half Year 2024 Results Date

×

Tower Half Year 2024 Results Date

16 April 24

Amended Capital Change Notice

×

Amended Capital Change Notice

16 April 24

Amended Half Year Results Date

×

Amended Half Year Results Date

26 March 24

Issue of unlisted share rights under Tower's LTIP

×

Issue of unlisted share rights under Tower's LTIP

26 March 24

Notification regarding unquoted securities - TWR

×

Notification regarding unquoted securities - TWR

07 March 24

FMA files proceedings on multi-policy discount application

×

FMA files proceedings on multi-policy discount application

21 February 24

Tower Limited Annual Shareholder Meeting Materials

×

Tower Limited Annual Shareholder Meeting Materials

21 February 24

Results of Annual Shareholder Meeting

×

Results of Annual Shareholder Meeting

14 February 24

Tower provides update following strong trading result

×

Tower provides update following strong trading result

24 January 24

Tower Limited Notice of Annual Meeting and Proxy Form

×

Tower Limited Notice of Annual Meeting and Proxy Form

16 January 24

Tower to Sell Vanuatu Business

×

Tower to Sell Vanuatu Business

15 December 23

Ongoing Disclosure - Michael Cutter

×

Ongoing Disclosure - Michael Cutter

14 December 23

Tower Limited ASM and Director Nominations

×

Tower Limited ASM and Director Nominations

04 December 23

Tower announces strategic review

×

Tower announces strategic review

23 November 23

Tower Reports Growth and Efficiency in a Challenging Year

×

Tower Reports Growth and Efficiency in a Challenging Year

20 November 23

Tower exits commercial rural business

×

Tower exits commercial rural business

17 November 23

Appointment of Mike Cutter to Tower Board

×

Appointment of Mike Cutter to Tower Board

14 November 23

Update on Multi Policy Discount Remediation

×

Update on Multi Policy Discount Remediation

16 October 23

Update on FY23 Large Event Costs

×

Update on FY23 Large Event Costs

16 October 23

Tower Full Year 2023 Results Date

×

Tower Full Year 2023 Results Date

28 September 23

Successful placement of FY24 reinsurance programme

×

Successful placement of FY24 reinsurance programme

26 July 23

Becoming a substantial holder

×

Becoming a substantial holder

TWR Fundamentals

Per Share Records

Historical data

Forecasted data

AUD 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026
Per Share, Growth & Valuations
EPS (Basic) $ Lock Lock Lock Lock 0.05 0.04 -0.01 Lock Lock Lock
EPS (Fully Diluted) $ Lock Lock Lock Lock 0.05 0.04 -0.01 Lock Lock Lock
     Growth % Lock Lock Lock Lock 71.1 -5.6 -118.8 Lock Lock Lock
     PE X Lock Lock Lock Lock 12.7 10.9 64.1 Lock Lock Lock
CFPS $ Lock Lock Lock Lock 0.12 0.12 0.04 Lock Lock Lock
FCFPS $ Lock Lock Lock Lock 0.21 0.08 -0.02 Lock Lock Lock
     Growth % Lock Lock Lock Lock 41.0 1.2 -63.5 Lock Lock Lock
     Yield % Lock Lock Lock Lock 30.7 14.9 -3.6 Lock Lock Lock
DPS $ Lock Lock Lock Lock 0.05 0.06 0.00 Lock Lock Lock
     Growth % Lock Lock Lock Lock N/A 15.1 -100.0 Lock Lock Lock
     Yield % Lock Lock Lock Lock 8.3 6.2 0.0 Lock Lock Lock
     Payout Ratio % Lock Lock Lock Lock 113 138 0 Lock Lock Lock
BPS $ Lock Lock Lock Lock 0.87 0.74 0.74 Lock Lock Lock
BPS (Tangible) $ Lock Lock Lock Lock 0.65 0.52 0.49 Lock Lock Lock
     Growth % Lock Lock Lock Lock 2.1 -20.6 -4.2 Lock Lock Lock
Shares Outstanding
Diluted m Lock Lock Lock Lock 379 398 379 Lock Lock Lock
Basic m Lock Lock Lock Lock 379 398 379 Lock Lock Lock

Financial Records

Historical data

Forecasted data

AUD 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026
Income Statement
Selling & General Expenses $m Lock Lock Lock Lock 93 96 104 Lock Lock Lock
Gross Income $m Lock Lock Lock Lock N/A N/A 0 Lock Lock Lock
     Growth % Lock Lock Lock Lock N/A N/A N/A Lock Lock Lock
     Margin % Lock Lock Lock Lock N/A N/A 0.0 Lock Lock Lock
Cost of Goods Sold to Sales % Lock Lock Lock Lock N/A N/A 0 Lock Lock Lock
Depreciation & Amortisation $m Lock Lock Lock Lock 16 18 22 Lock Lock Lock
Pretax Income $m Lock Lock Lock Lock 26 23 7 Lock Lock Lock
Income Taxes $m Lock Lock Lock Lock 9 7 5 Lock Lock Lock
Net Income $m Lock Lock Lock Lock 18 17 -3 Lock Lock Lock
     Growth % Lock Lock Lock Lock 72.6 -1.0 -118.0 Lock Lock Lock
     Margin % Lock Lock Lock Lock 5.6 5.3 -0.8 Lock Lock Lock
Cash Flow Statement
Net Operating Cash Flow $m Lock Lock Lock Lock 92 54 8 Lock Lock Lock
Capital Expenditures $m Lock Lock Lock Lock 25 22 22 Lock Lock Lock
Net Investing Cash Flow $m Lock Lock Lock Lock -56 -22 -11 Lock Lock Lock
Net Financing Cash Flow $m Lock Lock Lock Lock -2 -58 -21 Lock Lock Lock
Free Cash Flow $m Lock Lock Lock Lock 89 52 6 Lock Lock Lock
     Growth % Lock Lock Lock Lock 688.2 -41.5 -88.3 Lock Lock Lock
     Margin % Lock Lock Lock Lock 0.3 0.2 0.0 Lock Lock Lock
Franking Balance $m Lock Lock Lock Lock N/A N/A 0 Lock Lock Lock
Balance Sheet
Cash & Short-Term Investments $m Lock Lock Lock Lock N/A N/A 0 Lock Lock Lock
Total Assets $m Lock Lock Lock Lock 774 714 898 Lock Lock Lock
Long Term Debt $m Lock Lock Lock Lock 32 25 25 Lock Lock Lock
Net Debt $m Lock Lock Lock Lock -73 -44 -29 Lock Lock Lock
Total Liabilities $m Lock Lock Lock Lock 440 435 618 Lock Lock Lock
Equity $m Lock Lock Lock Lock 331 279 280 Lock Lock Lock
Invested Capital Lock Lock Lock Lock 363 305 305 Lock Lock Lock
     Growth % Lock Lock Lock Lock 13.9 -16.1 0.0 Lock Lock Lock
Return Ratios
Return on Assets % Lock Lock Lock Lock 2.3 2.4 -0.3 Lock Lock Lock
Return on Equity % Lock Lock Lock Lock 5.3 6.2 -1.1 Lock Lock Lock
Return on Total Capital % Lock Lock Lock Lock 6.8 7.1 2.5 Lock Lock Lock
Return on Invested Capital % Lock Lock Lock Lock 4.6 4.9 0.7 Lock Lock Lock
Cash Flow Return on Invested Capital % Lock Lock Lock Lock 25.2 16.3 2.7 Lock Lock Lock

Ratios Records

Historical data

Forecasted data

AUD 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026
Leverage
Liquidity
Current Ratio X Lock Lock Lock Lock 1.7 1.8 1.5 Lock Lock Lock
Quick Ratio X Lock Lock Lock Lock N/A N/A 0.0 Lock Lock Lock
Cash & ST Inv/Current Assets % Lock Lock Lock Lock N/A N/A 0.0 Lock Lock Lock
CFO/Current Liabilities % Lock Lock Lock Lock 48.3 31.0 2.7 Lock Lock Lock
Balance Sheet Efficiency
Receivables Turnover X Lock Lock Lock Lock N/A N/A 0.0 Lock Lock Lock
Inventory Turnover X Lock Lock Lock Lock N/A N/A 0.0 Lock Lock Lock
Working Capital Turnover X Lock Lock Lock Lock 2.2 2.3 2.4 Lock Lock Lock
Payables Turnover X Lock Lock Lock Lock 5.5 4.9 5.9 Lock Lock Lock
Du Pont
x Pretax Margin % Lock Lock Lock Lock 8.3 7.0 1.8 Lock Lock Lock
= Pretax Return on Assets % Lock Lock Lock Lock 3.4 3.3 0.8 Lock Lock Lock
x Tax Rate Complement (1-Tax Rate) % Lock Lock Lock Lock 33.4 29.9 68.4 Lock Lock Lock
Return on Assets % Lock Lock Lock Lock 2.3 2.4 -0.3 Lock Lock Lock
x Equity Multiplier (Assets/Equity) % Lock Lock Lock Lock 2.3 2.6 3.2 Lock Lock Lock
Return on Equity % Lock Lock Lock Lock 5.3 6.2 -1.1 Lock Lock Lock
x Earnings Retention (1-Payout) % Lock Lock Lock Lock -12.8 -37.5 100.0 Lock Lock Lock
= Reinvestment Rate (%) % Lock Lock Lock Lock -0.7 -2.3 -1.1 Lock Lock Lock
Operating Cycle
Days of Inventory on Hand Days Lock Lock Lock Lock N/A N/A 0.0 Lock Lock Lock
+ Days of Sales Outstanding Days Lock Lock Lock Lock N/A N/A 0.0 Lock Lock Lock
Operating Cycle Days Lock Lock Lock Lock N/A N/A 0.0 Lock Lock Lock
- Days of Payables Outstanding Days Lock Lock Lock Lock N/A N/A 0.0 Lock Lock Lock
Net Operating Cycle Days Lock Lock Lock Lock N/A N/A 0.0 Lock Lock Lock

Dividends

Key Stats

Ex Dividend Date (est.)

N/A

DIV Yield

.0%

Franking Level

N/A

DPSg

-100.00%

Quality Yield

Lock

Falling Divs over next 2

Lock

Expected Dividend Cashflow

Dividend Clarity,
Enhanced
Strategy

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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

0.00%

Value ($M)

0

Prior Change

N/A

7 Day Change

N/A

1 Month Change

N/A

3 Month Change

N/A

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TWR Shortsell

Frequently Asked Questions

The current share price of Tower Limited (TWR:ASX) is AU$0.72.
The 52-week high share price for Tower Limited (TWR:ASX) is AU$0.80.
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 0.00.
The last dividend payment of Tower Limited (TWR:ASX) is AU$0.04.
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 64.10.