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

$1.19

20 Dec
2024

0.010

OPEN

$1.18

0.85%

HIGH

$1.21

126,582

LOW

$1.18

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 FY25
Forecast		 FY26
Forecast
EPS (cps) 15.1 xxx
DPS (cps) 10.6 xxx
EPS Growth N/A xxx
DPS Growth N/A xxx
PE Ratio 7.9 xxx
Dividend Yield 8.9% xxx
Div Pay Ratio(%) 69.7% 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: 12.83%

DIVIDEND YIELD CALCULATOR

Dividend Yield Today On Last Actual Payout :

 7.22

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 201920202021202220232024
EPS Basic xxxxxxxxxxxxxxx17.6
DPS All xxxxxxxxxxxxxxx8.8
Sales/Revenue xxxxxxxxxxxxxxx533.9 M
Book Value Per Share xxxxxxxxxxxxxxx87.0
Net Operating Cash Flow xxxxxxxxxxxxxxx133.9 M
Net Profit Margin xxxxxxxxxxxxxxx12.24 %

EPS Basic

DPS All

Sales/Revenue

Book Value Per Share

Net Operating Cash Flow

Net Profit Margin

Title 201920202021202220232024
Return on Capital Employed xxxxxxxxxxxxxxx21.44 %
Return on Invested Capital xxxxxxxxxxxxxxx19.90 %
Return on Assets xxxxxxxxxxxxxxx8.88 %
Return on Equity xxxxxxxxxxxxxxx21.44 %
Return on Total Capital xxxxxxxxxxxxxxx28.64 %
Free Cash Flow ex dividends xxxxxxxxxxxxxxx121.2 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 201920202021202220232024
Short-Term Debt xxxxxxxxxxxxxxx5 M
Long Term Debt xxxxxxxxxxxxxxx22 M
Total Debt xxxxxxxxxxxxxxx26 M
Goodwill - Gross xxxxxxxxxxxxxxx16 M
Cash & Equivalents - Generic xxxxxxxxxxxxxxx69 M
Price To Book Value xxxxxxxxxxxxxxx1.42

Short-Term Debt

Long Term Debt

Total Debt

Goodwill - Gross

Cash & Equivalents - Generic

Price To Book Value

Title 201920202021202220232024
Capex xxxxxxxxxxxxxxx18.2 M
Capex % of Sales xxxxxxxxxxxxxxx3.41 %
Cost of Goods Sold xxxxxxxxxxxxxxx-
Selling, General & Admin. Exp & Other xxxxxxxxxxxxxxx87 M
Research & Development xxxxxxxxxxxxxxx-
Investments - Total xxxxxxxxxxxxxxx337 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

29/11/2024

1

Outperform

-

-

Macquarie raises its target price for Tower by 15% to NZ$1.50 following FY24 results that aligned with guidance and a 10% upgrade to FY25 profit (UNPAT) guidance.

The broker highlights favourable trends in business-as-usual loss ratios and improving management expense ratios, signaling operational efficiencies.

Management also reaffirmed its NZ$45m buyback, planned for execution in March next year.

Macquarie emphasises Tower’s unique position as one of the few insurance companies in the region achieving organic growth. The investment case is bolstered by a strong dividend yield and planned capital return. The broker retains an Outperform rating.

FORECAST
Macquarie forecasts a full year FY25 dividend of 10.55 cents and EPS of 15.14 cents.
Macquarie forecasts a full year FY26 dividend of 11.01 cents and EPS of 15.87 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
FNArena Corporate Results Monitor – 09-12-2024

Dec 09 2024 - Australia
2
Rudi’s Views: August 2023 – Winners & Losers

Sep 13 2023 - Rudi's View
3
Brokers Tip Rosy Year For Insurers

Jul 05 2018 - Australia
4
Weekly Ratings, Targets, Forecast Changes

Mar 12 2018 - Weekly Reports
5
Weekly Broker Wrap: Macro Outlook, Consumer, Property, Hotels, Gas And Insurance

May 20 2016 - Weekly Reports

Latest Insurance News

1
ESG Focus: The Little Big Things – 21-11-2024

Nov 21 2024 - ESG Focus
2
New-Look Suncorp Ready To Rumble

Nov 14 2024 - Australia
3
Steadfast’s Long March

Jul 02 2024 - Australia
4
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5
SMSFundamentals: Older People Are Life Insurers’ Future Challenge

Oct 26 2023 - SMSFundamentals
6
Australian Insurers And The Weather

Oct 19 2023 - Feature Stories
7
Steadfast Group’s US Entry Full Of Promise

Oct 11 2023 - Australia
8
Pros And Cons Of Insurance Companies

Aug 02 2023 - Australia
9
Underlying Trends Positive For QBE Insurance

May 15 2023 - Australia
10
Rates Over Reinsurance For General Insurers 

Feb 01 2023 - Australia