Ratings Tower Limited

Equities

TWR

NZTWRE0011S2

End-of-day quote New Zealand S.E. Other stock markets 06:00:00 2024-05-27 pm EDT			5-day change	1st Jan Change
0.82 ^NZD	+3.14%		+2.50%	+34.43%

May. 28	Tower Limited Reports Earnings Results for the Half Year Ended March 31, 2024	CI
May. 28	New Zealand Shares Fall as Filled Jobs Settle; Tower Swings to Net Profit in Fiscal H1	MT

Summary

The company has strong fundamentals. More than 70% of companies have a lower mix of growth, profitability, debt and visibility.
Overall, and from a short-term perspective, the company presents an interesting fundamental situation.

Strengths

The prospective high growth for the next fiscal years is among the main assets of the company
The company is in a robust financial situation considering its net cash and margin position.
Its low valuation, with P/E ratio at 5.68 and 5.68 for the ongoing fiscal year and 2025 respectively, makes the stock pretty attractive with regard to earnings multiples.
The stock, which is currently worth 2024 to 0.42 times its sales, is clearly overvalued in comparison with peers.
This company will be of major interest to investors in search of a high dividend stock.
Sales forecast by analysts have been recently revised upwards.
For the last twelve months, analysts have been gradually revising upwards their EPS forecast for the upcoming fiscal year.
For the past twelve months, EPS forecast has been revised upwards.
Over the past four months, analysts' average price target has been revised upwards significantly.

Weaknesses

The average consensus view of analysts covering the stock has deteriorated over the past four months.
Over the past twelve months, analysts' consensus has been significantly revised downwards.
Financial statements have repeatedly disappointed market stakeholders. Most often, they were below expectations.

Ratings chart - Surperformance

Chart ESG Refinitiv

Sector: Property & Casualty Insurance

	1st Jan change	Capi.	ESG Refinitiv
TOWER LIMITED	+34.43%	186M	C+
TOKIO MARINE HOLDINGS, INC.	+52.93%	66.89B	B-
AMERICAN INTERNATIONAL GROUP, INC.	+14.18%	51.79B	C+
THE TRAVELERS COMPANIES	+10.44%	48.85B	B
THE ALLSTATE CORPORATION	+17.64%	43.5B	B-
ARCH CAPITAL GROUP LTD.	+37.67%	38.65B	B-
MS&AD INSURANCE GROUP HOLDINGS, INC.	+83.97%	33.49B	B
INTACT FINANCIAL CORPORATION	+10.43%	29.91B	B-
FAIRFAX FINANCIAL HOLDINGS LIMITED	+27.85%	25.95B	C-
SAMPO OYJ	+2.32%	22.23B	B+

Investor Rating

Trading Rating

ESG Refinitiv

Financials

Sales growth

Earnings Growth

EBITDA / Sales

Profitability

Finances

Valuation

P/E ratio

EV / Sales

Price to Book

Price to Free Cash Flow

Yield

Momentum

1 year Revenue revision

4 months Revenue revision

7 days Revenue revision

1 year EPS revision

4 months EPS revision

Consensus

Analyst Opinion

Potential Price Target

4m Target Price Revision

4m Revision of opinion

12m Revision of opinion

Business Predictability

Analyst Coverage

Divergence of Estimates

Divergence of analysts' opinions

Divergence of Target Price

Earnings quality

Environment

Emissions

Innovation

Use of resources

Governance

CSR Strategy

Management

Shareholders

Controversy

Technical analysis

ST Timing

MT Timing

LT Timing

RSI

Bollinger Spread

Unusual volumes