ASX:TPS

Stock Analysis Report

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Executive Summary

Threat Protect Australia Limited provides security, monitoring, and risk management services for personal and business use in Australia. More Details


Snowflake Analysis

Weak fundamentals or lack of information.

Share Price & News

How has Threat Protect Australia's share price performed over time and what events caused price changes?


Latest Share Price and Events

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

Volatility Over Time: TPS's weekly volatility has decreased from 24% to 11% over the past year.


Market Performance


7 Day Return

-21.8%

TPS

1.2%

AU Commercial Services

1.3%

AU Market


1 Year Return

-60.9%

TPS

-14.1%

AU Commercial Services

-1.7%

AU Market

Return vs Industry: TPS underperformed the Australian Commercial Services industry which returned -14.1% over the past year.

Return vs Market: TPS underperformed the Australian Market which returned -1.7% over the past year.


Shareholder returns

TPSIndustryMarket
7 Day-21.8%1.2%1.3%
30 Day-21.8%15.2%11.1%
90 Day-46.3%2.6%9.0%
1 Year-60.9%-60.9%-11.9%-14.1%1.7%-1.7%
3 Year-77.4%-77.4%10.5%-1.0%23.1%7.9%
5 Year-80.2%-80.2%40.1%16.8%57.2%26.0%

Long-Term Price Volatility Vs. Market

How volatile is Threat Protect Australia's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

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


In this section, we usually try to help investors determine whether Threat Protect Australia is trading at an attractive price based on the cash flow it is expected to produce in the future. But as Threat Protect Australia has not provided consistent financial data, and the stock also has no analyst forecast or coverage, its intrinsic value cannot be reliably calculated by extrapolating past data or using analyst consensus cash flow predictions.

This is quite a rare situation as 89% of companies covered by Simply Wall St do have a valuation analysis.


Next Steps

  • Take a look at our analysis of TPS's management and see if the CEO's compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
  • When valuing a company like this, investors focus more on how they perceive the size of the opportunity, the company's ability to deliver and scale, and the strength of the team. While we are not analysing this type of data at the moment, if you don't know where to start, we recommend reading through Threat Protect Australia regulatory filings.
  • Explore potentially undervalued companies in the Commercial Services industry.

Future Growth

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

16.2%

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 Threat Protect 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.


Next Steps

Past Performance

How has Threat Protect Australia performed over the past 5 years?

-52.4%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: TPS is currently unprofitable.

Growing Profit Margin: TPS is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: TPS is unprofitable, and losses have increased over the past 5 years at a rate of 52.4% per year.

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

Earnings vs Industry: TPS is unprofitable, making it difficult to compare its past year earnings growth to the Commercial Services industry (2.6%).


Return on Equity

High ROE: TPS's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.


Next Steps

Financial Health

How is Threat Protect Australia's financial position?


Financial Position Analysis

Short Term Liabilities: TPS has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.

Long Term Liabilities: TPS has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.


Debt to Equity History and Analysis

Debt Level: TPS has negative shareholder equity, which is a more serious situation than a high debt level.

Reducing Debt: TPS's has negative shareholder equity, so we do not need to check if its debt has reduced over time.


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: TPS has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: TPS has less than a year of cash runway if free cash flow continues to reduce at historical rates of 24.2% each year


Next Steps

Dividend

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


Dividend Yield vs Market

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

High Dividend: Unable to evaluate TPS'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 TPS's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if TPS'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 TPS'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?

1.4yrs

Average management tenure


CEO

Demetrios Pynes

5.17yrs

Tenure

AU$302,254

Compensation

Mr. Demetrios Pynes, B.Com F Fin, has been the Chief Executive Officer and Director of Threat Protect Australia Limited since September 03, 2015 and served as its Managing Director. Mr. Pynes is a co-found...


CEO Compensation Analysis

Compensation vs Market: Demetrios's total compensation ($USD223.44K) is about average for companies of similar size in the Australian market ($USD282.32K).

Compensation vs Earnings: Demetrios's compensation has increased whilst the company is unprofitable.


Leadership Team

NamePositionTenureCompensationOwnership
Demetrios Pynes
MD & Director5.17yrsAU$302.25k2.06%
A$ 213.1k
Brad Kobus
Chief Financial Officer1.25yrsAU$204.27kno data
John Hallam
Chief Operations Officer0.67yrAU$84.88kno data
Peter Webse
Company Secretary1.58yrsno datano data

1.4yrs

Average Tenure

Experienced Management: TPS's management team is not considered experienced ( 1.4 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
Demetrios Pynes
MD & Director5.17yrsAU$302.25k2.06%
A$ 213.1k
Derek La Ferla
Non-Executive Chairmanno dataAU$54.75k0.49%
A$ 50.6k
Peter Kennan
Non-Executive Director0.83yrAU$16.07kno data
Dimitri Bacopanos
Independent Non-Executive Director3.83yrsAU$36.00k0.14%
A$ 14.3k
Dennison Hambling
Non-Executive Director0.83yrAU$17.59k0.13%
A$ 13.8k

2.3yrs

Average Tenure

Experienced Board: TPS's board of directors are not considered experienced ( 2.3 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: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 14.9%.


Top Shareholders

Company Information

Threat Protect Australia Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Threat Protect Australia Limited
  • Ticker: TPS
  • Exchange: ASX
  • Founded: 1993
  • Industry: Security and Alarm Services
  • Sector: Commercial Services
  • Market Cap: AU$10.361m
  • Shares outstanding: 240.96m
  • Website: https://www.threatprotect.com.au

Location

  • Threat Protect Australia Limited
  • 672 Murray Street
  • Level 1
  • West Perth
  • Western Australia
  • 6005
  • Australia

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
TPSASX (Australian Securities Exchange)YesOrdinary SharesAUAUDSep 2015
TPSCHIA (Chi-X Australia)YesOrdinary SharesAUAUDSep 2015

Biography

Threat Protect Australia Limited provides security, monitoring, and risk management services for personal and business use in Australia. It operates through Monitoring, Protective Services, and Service seg...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/11/30 07:04
End of Day Share Price2020/11/26 00:00
Earnings2020/06/30
Annual Earnings2020/06/30


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.