OTCM
TWRXF
Market cap284mUSD
, Last price
USD
Name
Tower Ltd (Pre-Merger)
Chart & Performance
Profile
Tower Limited provides general insurance products in New Zealand and the Pacific Islands. Its insurance products include car, contents, renters', house, landlord, business, travel, boat, motorbike, electric vehicle, lifestyle block and farm, motorhome, and caravan or trailer insurance. The company was founded in 1869 and is headquartered in Auckland, New Zealand.
Valuation
Title NZD in thousands, except ratios and share amounts | FY | FY | FY | FY | FY | FY | FY | FY | FY | FY |
---|---|---|---|---|---|---|---|---|---|---|
2024‑09 | 2023‑09 | 2022‑09 | 2021‑09 | 2020‑09 | 2019‑09 | 2018‑09 | 2017‑09 | 2016‑09 | 2015‑09 | |
Income | ||||||||||
Revenues | 493,338 19.70% | 412,162 14.49% | 360,012 5.47% | |||||||
Cost of revenue | 96,855 | 92,698 | 91,800 | |||||||
Unusual Expense (Income) | ||||||||||
NOPBT | 396,483 | 319,464 | 268,212 | |||||||
NOPBT Margin | 80.37% | 77.51% | 74.50% | |||||||
Operating Taxes | 31,774 | 5,085 | 7,526 | |||||||
Tax Rate | 8.01% | 1.59% | 2.81% | |||||||
NOPAT | 364,709 | 314,379 | 260,686 | |||||||
Net income | 74,285 -6,149.27% | (1,228) -106.53% | 18,803 0.64% | |||||||
Dividends | (11,384) | (15,216) | (20,028) | |||||||
Dividend yield | 2.22% | 6.47% | 7.87% | |||||||
Proceeds from repurchase of equity | (61,268) | |||||||||
BB yield | 24.06% | |||||||||
Debt | ||||||||||
Debt current | 4,909 | 5,477 | 6,237 | |||||||
Long-term debt | 52,801 | 59,753 | 63,871 | |||||||
Deferred revenue | ||||||||||
Other long-term liabilities | (37,662) | 285,657 | (37,623) | |||||||
Net debt | (17,680) | 1,221 | (106,475) | |||||||
Cash flow | ||||||||||
Cash from operating activities | 145,187 | 9,963 | 59,784 | |||||||
CAPEX | (2,360) | (2,419) | (17,312) | |||||||
Cash from investing activities | (116,568) | (12,278) | (23,670) | |||||||
Cash from financing activities | (16,473) | (23,179) | (63,710) | |||||||
FCF | 831,674 | 97,758 | 240,503 | |||||||
Balance | ||||||||||
Cash | 75,390 | 64,009 | 84,502 | |||||||
Long term investments | 92,081 | |||||||||
Excess cash | 50,723 | 43,401 | 158,582 | |||||||
Stockholders' equity | 360,156 | 300,265 | 317,528 | |||||||
Invested Capital | 575,618 | 908,253 | 605,392 | |||||||
ROIC | 49.16% | 41.54% | 43.98% | |||||||
ROCE | 61.94% | 33.57% | 34.71% | |||||||
EV | ||||||||||
Common stock shares outstanding | 379,484 | 379,484 | 397,851 | |||||||
Price | 1.35 117.74% | 0.62 -3.13% | 0.64 -1.54% | |||||||
Market cap | 512,303 117.74% | 235,280 -7.60% | 254,625 3.23% | |||||||
EV | 494,623 | 236,501 | 148,150 | |||||||
EBITDA | 396,483 | 342,914 | 287,740 | |||||||
EV/EBITDA | 1.25 | 0.69 | 0.51 | |||||||
Interest | 6,474 | 920 | 897 | |||||||
Interest/NOPBT | 1.63% | 0.29% | 0.33% |