TOURISM HOLDINGS LIMITED Financials Tourism Holdings Limited
Equities
THL
NZHELE0001S9
Passenger Transportation, Ground & Sea
|
End-of-day quote
Other stock markets
|
5-day change | 1st Jan Change | ||
| 2.93 NZD | -0.68% |
|
-0.68% | -23.90% |
| Apr. 26 | Tourism Holdings Appoints North America COO | MT |
| Apr. 25 | Tourism Holdings Limited Announces Appointment of Kate Meldrum as COO- North America | CI |
Valuation
| Fiscal Period: June | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Capitalization 1 | 499.1 | 293.1 | 383.3 | 352.8 | 828.5 | 639.4 | - | - |
| Enterprise Value (EV) 1 | 701.1 | 421.1 | 432.3 | 411.3 | 1,114 | 1,161 | 1,222 | 1,221 |
| P/E ratio | 16.2 x | 10.6 x | -27.5 x | -232 x | 14.8 x | 8.48 x | 7.3 x | 6.37 x |
| Yield | 7.14% | - | - | - | 3.88% | 5.37% | 6.65% | 7.88% |
| Capitalization / Revenue | 1.18 x | 0.73 x | 1.07 x | 1.02 x | 1.25 x | 0.7 x | 0.64 x | 0.59 x |
| EV / Revenue | 1.66 x | 1.05 x | 1.2 x | 1.19 x | 1.68 x | 1.27 x | 1.22 x | 1.13 x |
| EV / EBITDA | 6.11 x | 3.77 x | 10.8 x | 8.19 x | 7.03 x | 4.84 x | 4.46 x | 3.99 x |
| EV / FCF | 111 x | - | - | - | - | -23.3 x | 556 x | 18.3 x |
| FCF Yield | 0.9% | - | - | - | - | -4.3% | 0.18% | 5.45% |
| Price to Book | 1.8 x | 0.9 x | 1.23 x | 1.06 x | 1.36 x | 1.13 x | 1.04 x | 0.98 x |
| Nbr of stocks (in thousands) | 132,036 | 148,015 | 151,489 | 152,061 | 214,077 | 218,224 | - | - |
| Reference price 2 | 3.780 | 1.980 | 2.530 | 2.320 | 3.870 | 2.930 | 2.930 | 2.930 |
| Announcement Date | 8/26/19 | 9/17/20 | 8/25/21 | 8/25/22 | 8/28/23 | - | - | - |
1NZD in Million2NZD
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: June | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 423 | 400.9 | 359.2 | 345.8 | 663.8 | 916.8 | 1,004 | 1,082 |
| EBITDA 1 | 114.8 | 111.7 | 40.2 | 50.2 | 158.5 | 239.8 | 274.1 | 306.1 |
| EBIT 1 | 62.1 | 48.61 | -8.5 | 3.7 | 89.6 | 142.8 | 163.1 | 183.4 |
| Operating Margin | 14.68% | 12.12% | -2.37% | 1.07% | 13.5% | 15.58% | 16.25% | 16.95% |
| Earnings before Tax (EBT) 1 | 39.89 | 26.14 | - | - | 67 | 104.2 | 122 | 140.9 |
| Net income 1 | 29.8 | 27.4 | -13.7 | -1.5 | 49.86 | 75.28 | 87.82 | 101.4 |
| Net margin | 7.04% | 6.83% | -3.81% | -0.43% | 7.51% | 8.21% | 8.75% | 9.37% |
| EPS 2 | 0.2330 | 0.1860 | -0.0920 | -0.0100 | 0.2610 | 0.3453 | 0.4014 | 0.4602 |
| Free Cash Flow 1 | 6.317 | - | - | - | - | -49.9 | 2.2 | 66.6 |
| FCF margin | 1.49% | - | - | - | - | -5.44% | 0.22% | 6.15% |
| FCF Conversion (EBITDA) | 5.5% | - | - | - | - | - | 0.8% | 21.76% |
| FCF Conversion (Net income) | 21.2% | - | - | - | - | - | 2.51% | 65.68% |
| Dividend per Share 2 | 0.2700 | - | - | - | 0.1500 | 0.1574 | 0.1948 | 0.2308 |
| Announcement Date | 8/26/19 | 9/17/20 | 8/25/21 | 8/25/22 | 8/28/23 | - | - | - |
1NZD in Million2NZD
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: June | 2023 S1 | 2023 S2 | 2024 S1 | 2024 S2 |
|---|---|---|---|---|
| Net sales 1 | - | 402.8 | 449.2 | 429.4 |
| EBITDA 1 | - | - | 119.7 | 122.4 |
| EBIT 1 | - | 46.2 | 74 | 70.3 |
| Operating Margin | - | 11.47% | 16.47% | 16.37% |
| Earnings before Tax (EBT) | - | - | - | - |
| Net income | 25.2 | - | - | - |
| Net margin | - | - | - | - |
| EPS | 0.1530 | - | - | - |
| Dividend per Share | - | - | 0.0450 | - |
| Announcement Date | 2/23/23 | 8/28/23 | 2/19/24 | - |
1NZD in Million
Estimates
Balance Sheet Analysis
| Fiscal Period: June | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net Debt 1 | 202 | 128 | 49 | 58.5 | 285 | 521 | 583 | 582 |
| Net Cash position 1 | - | - | - | - | - | - | - | - |
| Leverage (Debt/EBITDA) | 1.76 x | 1.145 x | 1.219 x | 1.165 x | 1.799 x | 2.175 x | 2.127 x | 1.9 x |
| Free Cash Flow 1 | 6.32 | - | - | - | - | -49.9 | 2.2 | 66.6 |
| ROE (net income / shareholders' equity) | 10.6% | 9.09% | -4.29% | -1.48% | 10.6% | 12.2% | 13% | 14.1% |
| ROA (Net income/ Total Assets) | 4.73% | 4.36% | -2.3% | -0.85% | 5.14% | 8.21% | 8.73% | 9.19% |
| Assets 1 | 630.4 | 629 | 596.9 | 177.2 | 969.7 | 916.7 | 1,006 | 1,103 |
| Book Value Per Share 2 | 2.100 | 2.200 | 2.060 | 2.180 | 2.850 | 2.590 | 2.820 | 3.000 |
| Cash Flow per Share 2 | 0.0800 | 0.4700 | 0.5800 | -0.1400 | -0.3200 | 0.4000 | 0.5400 | 0.7700 |
| Capex 1 | 3.88 | 4.13 | 1.2 | 7.54 | 12.1 | 12.6 | 14.7 | 12.1 |
| Capex / Sales | 0.92% | 1.03% | 0.33% | 2.18% | 1.83% | 1.37% | 1.46% | 1.12% |
| Announcement Date | 8/26/19 | 9/17/20 | 8/25/21 | 8/25/22 | 8/28/23 | - | - | - |
1NZD in Million2NZD
Estimates
EPS & Dividend
Year-on-year evolution of the PER
Year-on-year evolution of the Yield
Change in Enterprise Value/EBITDA
Trading Rating
Investor Rating
ESG Refinitiv
C
Sell
Buy
Mean consensus
BUY
Number of Analysts
4
Last Close Price
2.93
NZD
Average target price
4.752
NZD
Spread / Average Target
+62.20%
EPS Revisions
Quarterly revenue - Rate of surprise
| 1st Jan change | Capi. | |
|---|---|---|
| -23.90% | 379M | |
| -20.60% | 10.42B | |
| -11.31% | 4.05B | |
| -43.16% | 3.57B | |
| +3.80% | 1.56B | |
| -57.46% | 1.35B | |
| -16.00% | 1.23B | |
| -0.15% | 753M | |
| -3.42% | 713M | |
| -38.44% | 511M |
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- Financials Tourism Holdings Limited
