Tourism Holdings Limited

NZSE:THL Stock Report

Market Cap: NZ$546.4m

Tourism Holdings Past Earnings Performance

Past criteria checks 0/6

Tourism Holdings has been growing earnings at an average annual rate of 5.6%, while the Transportation industry saw earnings growing at 15% annually. Revenues have been growing at an average rate of 24.8% per year.

Key information

5.58%

Earnings growth rate

6.31%

EPS growth rate

Transportation Industry Growth8.79%
Revenue growth rate24.79%
Return on equity-3.45%
Net Margin-2.25%
Last Earnings Update31 Dec 2025

Recent past performance updates

Analysis Article Sep 03

We Think You Can Look Beyond Tourism Holdings' (NZSE:THL) Lackluster Earnings

Shareholders appeared unconcerned with Tourism Holdings Limited's ( NZSE:THL ) lackluster earnings report last week. We...

Recent updates

Narrative Update Aug 06

Technology Advancements Will Improve Future Operational Efficiency In RV Industry

Despite a slight decline in revenue growth forecasts and a modest increase in the forward P/E ratio, analysts have raised Tourism Holdings’ consensus price target from NZ$2.27 to NZ$2.44. What's in the News BGH Capital and associates made an unsolicited, conditional proposal to acquire an additional 80.01% stake in Tourism Holdings Limited for approximately NZD 410 million (NZD 2.3 per share), which was rejected by the board citing an internal valuation of NZD 3 per share.
Analysis Article Jun 16

Tourism Holdings Limited (NZSE:THL) Soars 61% But It's A Story Of Risk Vs Reward

Tourism Holdings Limited ( NZSE:THL ) shareholders would be excited to see that the share price has had a great month...
Analysis Article Apr 07

Is Tourism Holdings (NZSE:THL) A Risky Investment?

The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
Analysis Article Mar 18

Are Investors Undervaluing Tourism Holdings Limited (NZSE:THL) By 23%?

Key Insights The projected fair value for Tourism Holdings is NZ$2.17 based on 2 Stage Free Cash Flow to Equity Tourism...
User avatar
New Narrative Feb 27

Technology Advancements Will Improve Future Operational Efficiency In RV Industry

Strategic use of technology and capital management aims to enhance operational efficiency and boost future revenue and net margins.
Analysis Article Feb 25

Is It Time To Consider Buying Tourism Holdings Limited (NZSE:THL)?

Tourism Holdings Limited ( NZSE:THL ), might not be a large cap stock, but it saw significant share price movement...
Analysis Article Oct 24

Should You Think About Buying Tourism Holdings Limited (NZSE:THL) Now?

Tourism Holdings Limited ( NZSE:THL ), might not be a large cap stock, but it saw a double-digit share price rise of...
Analysis Article Oct 10

Increases to Tourism Holdings Limited's (NZSE:THL) CEO Compensation Might Cool off for now

Key Insights Tourism Holdings' Annual General Meeting to take place on 17th of October Total pay for CEO Grant Webster...
Analysis Article Sep 24

Tourism Holdings' (NZSE:THL) Returns On Capital Not Reflecting Well On The Business

Finding a business that has the potential to grow substantially is not easy, but it is possible if we look at a few key...
Analysis Article Sep 03

We Think You Can Look Beyond Tourism Holdings' (NZSE:THL) Lackluster Earnings

Shareholders appeared unconcerned with Tourism Holdings Limited's ( NZSE:THL ) lackluster earnings report last week. We...
Analysis Article Jul 18

At NZ$2.07, Is Tourism Holdings Limited (NZSE:THL) Worth Looking At Closely?

Tourism Holdings Limited ( NZSE:THL ), is not the largest company out there, but it saw a decent share price growth of...
Analysis Article May 06

Earnings Working Against Tourism Holdings Limited's (NZSE:THL) Share Price Following 42% Dive

Unfortunately for some shareholders, the Tourism Holdings Limited ( NZSE:THL ) share price has dived 42% in the last...
Analysis Article Feb 23

Here's What Analysts Are Forecasting For Tourism Holdings Limited (NZSE:THL) After Its Interim Results

Last week, you might have seen that Tourism Holdings Limited ( NZSE:THL ) released its half-yearly result to the...

Revenue & Expenses Breakdown

How Tourism Holdings makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

NZSE:THL Revenue, expenses and earnings (NZD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
31 Dec 25956-215140
30 Sep 25947-245040
30 Jun 25937-264950
31 Mar 2593404760
31 Dec 24931254620
30 Sep 24926324500
30 Jun 24922394390
31 Mar 24887524210
31 Dec 23852644030
30 Sep 23758573640
30 Jun 23664503260
31 Mar 23548392850
31 Dec 22432282450
30 Sep 22389132220
30 Jun 22346-11990
31 Mar 22337-91950
31 Dec 21328-161910
30 Sep 21344-151910
30 Jun 21359-141920
31 Mar 2137901940
31 Dec 20399131970
30 Sep 20400202130
30 Jun 20401272300
31 Mar 20412262430
31 Dec 19423252550
30 Sep 19423282510
30 Jun 19423302470
31 Mar 19424432430
31 Dec 18424572390
30 Sep 18425602360
30 Jun 18426622340
31 Mar 18415522300
31 Dec 17404422270
30 Sep 17372362130
30 Jun 17341302000
31 Mar 17316291870
31 Dec 16291271740
30 Sep 16285261690
30 Jun 16279241650
31 Mar 16269241580
31 Dec 15259231510
30 Sep 15248211480
30 Jun 15237201450

Quality Earnings: THL is currently unprofitable.

Growing Profit Margin: THL is currently unprofitable.


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: THL is unprofitable, but has reduced losses over the past 5 years at a rate of 5.6% per year.

Accelerating Growth: Unable to compare THL's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: THL is unprofitable, making it difficult to compare its past year earnings growth to the Transportation industry (5.8%).


Return on Equity

High ROE: THL has a negative Return on Equity (-3.45%), as it is currently unprofitable.


Return on Assets


Return on Capital Employed


Discover strong past performing companies

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/06/05 21:39
End of Day Share Price 2026/06/05 00:00
Earnings2025/12/31
Annual Earnings2025/06/30

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Tourism Holdings Limited is covered by 9 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Elijah MayrCLSA
Wade GardinerDeutsche Bank
Moira DawEdison Investment Research