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TPP

Tempo AustraliaASX:TPP Stock Report

Market Cap

AU$26.8m

7D

4.2%

1Y

34.5%

Updated

21 Oct, 2021

Data

Company Financials
TPP fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance0/6
Financial Health5/6
Dividends0/6

TPP Overview

Tempo Australia Limited provides construction, maintenance, and asset management services to the telecommunications, infrastructure, resources, power, renewable energy, industrial, and commercial sectors in Australia.

Price History & Performance

Summary of all time highs, changes and price drops for Tempo Australia
Historical stock prices
Current Share PriceAU$0.074
52 Week HighAU$0.055
52 Week LowAU$0.12
Beta0.65
1 Month Change23.33%
3 Month Change-2.63%
1 Year Change34.54%
3 Year Change-56.47%
5 Year Change-70.40%
Change since IPO-97.53%

Recent News & Updates

Shareholder Returns

TPPAU Commercial ServicesAU Market
7D4.2%1.9%0.7%
1Y34.5%11.9%21.4%

Return vs Industry: TPP exceeded the Australian Commercial Services industry which returned 11.3% over the past year.

Return vs Market: TPP exceeded the Australian Market which returned 21.1% over the past year.

Price Volatility

Is TPP's price volatile compared to industry and market?
TPP volatility
TPP Beta0.65
Industry Beta0.91
Market Beta1

Stable Share Price: TPP is not significantly more volatile than the rest of Australian stocks over the past 3 months, typically moving +/- 11% a week.

Volatility Over Time: TPP's weekly volatility (11%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
2000n/aPaul Dalgleishhttps://www.tempoaust.com

Tempo Australia Limited provides construction, maintenance, and asset management services to the telecommunications, infrastructure, resources, power, renewable energy, industrial, and commercial sectors in Australia. It operates through Asset Maintenance and Service; and Construction & Electrical Project Work segments. The company offers shutdown services; preventative maintenance services, such as switchboard inspections, thermographic scanning, generator servicing, lightning protection, power factor correction, and UPS maintenance; and compliance services, including RCR testing, emergency exit lighting, appliance test and tagging, failure point analysis, auditing, and certification.

Tempo Australia Fundamentals Summary

How do Tempo Australia's earnings and revenue compare to its market cap?
TPP fundamental statistics
Market CapAU$26.84m
Earnings (TTM)-AU$1.01m
Revenue (TTM)AU$22.25m

1.2x

P/S Ratio

-26.7x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
TPP income statement (TTM)
RevenueAU$22.25m
Cost of RevenueAU$4.25m
Gross ProfitAU$18.00m
ExpensesAU$19.01m
Earnings-AU$1.01m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)-0.0028
Gross Margin80.92%
Net Profit Margin-4.53%
Debt/Equity Ratio0.1%

How did TPP perform over the long term?

See historical performance and comparison

Valuation

Is Tempo Australia undervalued compared to its fair value and its price relative to the market?

3.28x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: TPP (A$0.07) is trading above our estimate of fair value (A$0.01)

Significantly Below Fair Value: TPP is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: TPP is unprofitable, so we can't compare its PE Ratio to the Australian Commercial Services industry average.

PE vs Market: TPP is unprofitable, so we can't compare its PE Ratio to the Australian market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate TPP's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: TPP is overvalued based on its PB Ratio (3.3x) compared to the AU Commercial Services industry average (2.5x).


Future Growth

How is Tempo Australia forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

12.2%

Forecasted Commercial Services industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Tempo Australia has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Past Performance

How has Tempo Australia performed over the past 5 years?

-40.1%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: TPP is currently unprofitable.

Growing Profit Margin: TPP is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: TPP is unprofitable, and losses have increased over the past 5 years at a rate of 40.1% per year.

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

Earnings vs Industry: TPP is unprofitable, making it difficult to compare its past year earnings growth to the Commercial Services industry (7.9%).


Return on Equity

High ROE: TPP has a negative Return on Equity (-12.29%), as it is currently unprofitable.


Financial Health

How is Tempo Australia's financial position?


Financial Position Analysis

Short Term Liabilities: TPP's short term assets (A$11.8M) exceed its short term liabilities (A$5.1M).

Long Term Liabilities: TPP's short term assets (A$11.8M) exceed its long term liabilities (A$680.0K).


Debt to Equity History and Analysis

Debt Level: TPP's debt to equity ratio (0.1%) is considered satisfactory.

Reducing Debt: TPP's debt to equity ratio has increased from 0% to 0.1% over the past 5 years.


Balance Sheet


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: Whilst unprofitable TPP has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.

Forecast Cash Runway: TPP is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 18.1% per year.


Dividend

What is Tempo Australia current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate TPP's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate TPP's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if TPP's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if TPP's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of TPP's dividend in 3 years as they are not forecast to pay a notable one for the Australian market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

2.3yrs

Average management tenure


CEO

Paul Dalgleish (59 yo)

2.25yrs

Tenure

Dr. Paul Joseph Dalgleish, DBA, MA, BEng (Hons), FIEAust, MAICD has been Chief Executive Officer at Tempo Australia Limited since July 15, 2019. Dr. Dalgleish served as Acting Advisor of Tempo Australia Li...


CEO Compensation Analysis

Compensation vs Market: Paul's total compensation ($USD269.60K) is about average for companies of similar size in the Australian market ($USD303.55K).

Compensation vs Earnings: Paul's compensation has been consistent with company performance over the past year.


Leadership Team

Experienced Management: TPP's management team is considered experienced (2.3 years average tenure).


Board Members

Experienced Board: TPP's board of directors are not considered experienced ( 1.9 years average tenure), which suggests a new board.


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: TPP insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Tempo Australia Limited's employee growth, exchange listings and data sources


Key Information

  • Name: Tempo Australia Limited
  • Ticker: TPP
  • Exchange: ASX
  • Founded: 2000
  • Industry: Diversified Support Services
  • Sector: Commercial Services
  • Market Cap: AU$26.835m
  • Shares outstanding: 362.64m
  • Website: https://www.tempoaust.com

Number of Employees


Location

  • Tempo Australia Limited
  • 680 George Street
  • Level 12
  • West Perth
  • Western Australia
  • 6005
  • Australia

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/21 18:13
End of Day Share Price2021/10/21 00:00
Earnings2021/06/30
Annual Earnings2020/12/31


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 here.