TOWER LIMITED (TWR)
Share Price Analysis and Chart

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TWR - TOWER LIMITED

FNArena Sector : Insurance
Year End: September
GICS Industry Group : Insurance
Debt/EBITDA: N/A
Index:

LAST PRICE CHANGE +/- CHANGE % VOLUME

$1.21

20 Nov
2024

0.015

OPEN

$1.18

1.26%

HIGH

$1.22

113,033

LOW

$1.14

OTHER COMPANIES IN THE SAME SECTOR
AUB . CVW . FCL . GDG . HLI . IAG . MPL . NHF . NOL . QBE . SDF . SUN .
FNARENA'S MARKET CONSENSUS FORECASTS
TWR: 1
Title FY24
Forecast		 FY25
Forecast
EPS (cps) 5.7 xxx
DPS (cps) 7.4 xxx
EPS Growth N/A xxx
DPS Growth N/A xxx
PE Ratio 21.1 xxx
Dividend Yield 6.1% xxx
Div Pay Ratio(%) 129.0% xxx
This company reports in NZD.
All estimates have been converted into AUD by FNArena at present FX values.

Dividend yield today if purchased 3 years ago: N/A

DIVIDEND YIELD CALCULATOR

Dividend Yield Today On Last Actual Payout :

 N/A

Estimated Dividend Growth
(Average Of Past Three Years)

  %

Amount Invested

 $ 

Tell Me The Dividend After This Many Years
Past performance is no guarantee for the future. Investors should take into account that heavy swings in share price or exceptional circumstances (a la 2009) can have a significant impact on short term calculations and averages

Last ex-div: 12/06 - (franking ex-di

HISTORICAL DATA ARE ALL IN AUD
Copyright © 2024 FactSet UK Limited. All rights reserved
Title 201820192020202120222023
EPS Basic xxxxxxxxxxxxxxx-0.8
DPS All xxxxxxxxxxxxxxx0.0
Sales/Revenue xxxxxxxxxxxxxxx376.0 M
Book Value Per Share xxxxxxxxxxxxxxx73.7
Net Operating Cash Flow xxxxxxxxxxxxxxx8.3 M
Net Profit Margin xxxxxxxxxxxxxxx0.58 %

EPS Basic

DPS All

Sales/Revenue

Book Value Per Share

Net Operating Cash Flow

Net Profit Margin

Title 201820192020202120222023
Return on Capital Employed xxxxxxxxxxxxxxx0.78 %
Return on Invested Capital xxxxxxxxxxxxxxx0.71 %
Return on Assets xxxxxxxxxxxxxxx0.27 %
Return on Equity xxxxxxxxxxxxxxx0.78 %
Return on Total Capital xxxxxxxxxxxxxxx2.48 %
Free Cash Flow ex dividends xxxxxxxxxxxxxxx-7.9 M

Return on Capital Employed

Return on Invested Capital

Return on Assets

Return on Equity

Return on Total Capital

Free Cash Flow ex dividends

Title 201820192020202120222023
Short-Term Debt xxxxxxxxxxxxxxx5 M
Long Term Debt xxxxxxxxxxxxxxx25 M
Total Debt xxxxxxxxxxxxxxx30 M
Goodwill - Gross xxxxxxxxxxxxxxx17 M
Cash & Equivalents - Generic xxxxxxxxxxxxxxx60 M
Price To Book Value xxxxxxxxxxxxxxx0.78

Short-Term Debt

Long Term Debt

Total Debt

Goodwill - Gross

Cash & Equivalents - Generic

Price To Book Value

Title 201820192020202120222023
Capex xxxxxxxxxxxxxxx21.8 M
Capex % of Sales xxxxxxxxxxxxxxx5.79 %
Cost of Goods Sold xxxxxxxxxxxxxxx-
Selling, General & Admin. Exp & Other xxxxxxxxxxxxxxx104 M
Research & Development xxxxxxxxxxxxxxx-
Investments - Total xxxxxxxxxxxxxxx241 M

Capex

Capex % of Sales

Cost of Goods Sold

Selling, General & Admin. Exp & Other

Research & Development

Investments - Total

EXPERT VIEWS
Display All Commentary

Sentiment Indicator

1.0

No. Of Recommendations

1
BROKER DATE RATING RECOMMENDATION TARGET PRICE % TO REACH TARGET COMMENTARY

Macquarie

14/10/2024

1

Outperform

-

-

Tower has announced FY24 updated earnings guidance of underlying net profit of NZ$85m compared to NZ$43m previously.

Macquarie explains the lack of large events removed the NZ$45m allowance formerly in the guidance and lifted net profit by NZ$32m, net of tax.

The broker also notes a better-than-expected performance specifically from claims.

There is no change to NZ$1.30 target price. Outperform rating remains. Tower remains one of the few insurance companies in the region which is generating organic growth allowing for strong dividend growth and capital returns, Macquarie stresses.

FORECAST
Macquarie forecasts a full year FY24 dividend of 7.35 cents and EPS of 5.70 cents.
Macquarie forecasts a full year FY25 dividend of 9.19 cents and EPS of 13.24 cents.
Access Stockbroker Research History >
EXTRA COVERAGE
Display All Commentary

No. Of Recommendations

0

Please note: unlike Broker Call Report, BC Extra is not updated daily. The info you see might not be the latest. FNArena does its best to update ASAP.

BROKER DATE RATING RECOMMENDATION TARGET PRICE % TO REACH TARGET COMMENTARY
Access Extra Coverage Research History >

TWR STOCK CHART

FNArena News on TWR

1
Rudi’s Views: August 2023 – Winners & Losers

Sep 13 2023 - Rudi's View
2
Brokers Tip Rosy Year For Insurers

Jul 05 2018 - Australia
3
Weekly Ratings, Targets, Forecast Changes

Mar 12 2018 - Weekly Reports
4
Weekly Broker Wrap: Macro Outlook, Consumer, Property, Hotels, Gas And Insurance

May 20 2016 - Weekly Reports
5
Smaller Cap Industrials: Re-Rating Or Bubble Threat?

Oct 14 2015 - Rudi's View

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Feb 01 2023 - Australia