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TWD

Tamawood ASX:TWD Stock Report

Last Price

AU$2.10

Market Cap

AU$73.0m

7D

-6.7%

1Y

-41.5%

Updated

28 Sep, 2022

Data

Company Financials
TWD fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance1/6
Financial Health6/6
Dividends3/6

TWD Stock Overview

Tamawood Limited, together with its subsidiaries, provides contract home construction, home design, project management, and other associated services in Australia.

Tamawood Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Tamawood
Historical stock prices
Current Share PriceAU$2.10
52 Week HighAU$3.85
52 Week LowAU$2.06
Beta0.32
1 Month Change-8.30%
3 Month Change-23.64%
1 Year Change-41.50%
3 Year Change-34.17%
5 Year Change-49.64%
Change since IPO296.23%

Recent News & Updates

Shareholder Returns

TWDAU Consumer DurablesAU Market
7D-6.7%-1.2%-3.3%
1Y-41.5%-38.6%-10.6%

Return vs Industry: TWD underperformed the Australian Consumer Durables industry which returned -38.6% over the past year.

Return vs Market: TWD underperformed the Australian Market which returned -10.6% over the past year.

Price Volatility

Is TWD's price volatile compared to industry and market?
TWD volatility
TWD Average Weekly Movement7.0%
Consumer Durables Industry Average Movement6.4%
Market Average Movement9.6%
10% most volatile stocks in AU Market16.7%
10% least volatile stocks in AU Market4.3%

Stable Share Price: TWD is not significantly more volatile than the rest of Australian stocks over the past 3 months, typically moving +/- 7% a week.

Volatility Over Time: TWD's weekly volatility (7%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1989n/aTim Bartholomaeushttps://www.tamawood.com.au

Tamawood Limited, together with its subsidiaries, provides contract home construction, home design, project management, and other associated services in Australia. The company is also involved in franchising and licensing operations, as well as sale of renewable energy certificates. Tamawood Limited was incorporated in 1989 and is based in Rocklea, Australia.

Tamawood Fundamentals Summary

How do Tamawood's earnings and revenue compare to its market cap?
TWD fundamental statistics
Market CapAU$72.97m
Earnings (TTM)AU$2.89m
Revenue (TTM)AU$89.17m

25.3x

P/E Ratio

0.8x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
TWD income statement (TTM)
RevenueAU$89.17m
Cost of RevenueAU$71.27m
Gross ProfitAU$17.89m
Other ExpensesAU$15.01m
EarningsAU$2.89m

Last Reported Earnings

Jun 30, 2022

Next Earnings Date

n/a

Earnings per share (EPS)0.083
Gross Margin20.07%
Net Profit Margin3.24%
Debt/Equity Ratio0%

How did TWD perform over the long term?

See historical performance and comparison

Dividends

11.4%

Current Dividend Yield

247%

Payout Ratio
We’ve recently updated our valuation analysis.

Valuation

Is TWD undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

2/6

Valuation Score 2/6

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • Analyst Forecast

Key Valuation Metric

Which metric is best to use when looking at relative valuation for TWD?

Other financial metrics that can be useful for relative valuation.

TWD key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue0.8x
Enterprise Value/EBITDA17.8x
PEG Ration/a

Price to Earnings Ratio vs Peers

How does TWD's PE Ratio compare to its peers?

TWD PE Ratio vs Peers
The above table shows the PE ratio for TWD vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPEEstimated GrowthMarket Cap
Peer Average10.2x
AVJ AVJennings
13xn/aAU$168.4m
SHM Shriro Holdings
5xn/aAU$67.9m
GAP Gale Pacific
10.6xn/aAU$80.8m
WAT Waterco
12.1xn/aAU$141.2m
TWD Tamawood
25.3xn/aAU$73.0m

Price-To-Earnings vs Peers: TWD is expensive based on its Price-To-Earnings Ratio (25.3x) compared to the peer average (10.2x).


Price to Earnings Ratio vs Industry

How does TWD's PE Ratio compare vs other companies in the Global Consumer Durables Industry?

Price-To-Earnings vs Industry: TWD is expensive based on its Price-To-Earnings Ratio (25.3x) compared to the Global Consumer Durables industry average (11.7x)


Price to Earnings Ratio vs Fair Ratio

What is TWD's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

TWD PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio25.3x
Fair PE Ration/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate TWD's Price-To-Earnings Fair Ratio for valuation analysis.


Share Price vs Fair Value

What is the Fair Price of TWD when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: TWD (A$2.1) is trading below our estimate of fair value (A$5.7)

Significantly Below Fair Value: TWD is trading below fair value by more than 20%.


Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Analyst Forecast: Insufficient data to show price forecast.


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Future Growth

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

Future Growth Score

0/6

Future Growth Score 0/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


10.8%

Forecasted Consumer Durables 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 Tamawood 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.


Discover growth companies

  • Examine Tamawood's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
  • Tamawood competitive advantages and company strategy can generally be found in its financial reports archived here.

Past Performance

How has Tamawood performed over the past 5 years?

Past Performance Score

1/6

Past Performance Score 1/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


-15.3%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: TWD has high quality earnings.

Growing Profit Margin: TWD's current net profit margins (3.2%) are lower than last year (6.6%).


Past Earnings Growth Analysis

Earnings Trend: TWD's earnings have declined by 15.3% per year over the past 5 years.

Accelerating Growth: TWD's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: TWD had negative earnings growth (-55.3%) over the past year, making it difficult to compare to the Consumer Durables industry average (-33.3%).


Return on Equity

High ROE: TWD's Return on Equity (8.7%) is considered low.


Discover strong past performing companies

Financial Health

How is Tamawood's financial position?

Financial Health Score

6/6

Financial Health Score 6/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: TWD's short term assets (A$34.3M) exceed its short term liabilities (A$7.8M).

Long Term Liabilities: TWD's short term assets (A$34.3M) exceed its long term liabilities (A$9.9M).


Debt to Equity History and Analysis

Debt Level: TWD is debt free.

Reducing Debt: TWD has not had any debt for past 5 years.

Debt Coverage: TWD has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: TWD has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


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Dividend

What is Tamawood current dividend yield, its reliability and sustainability?

Dividend Score

3/6

Dividend Score 3/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Cash Flow Coverage


11.43%

Current Dividend Yield

Dividend Yield vs Market

Tamawood Dividend Yield vs Market
How does Tamawood dividend yield compare to the market?
SegmentDividend Yield
Company (Tamawood)11.4%
Market Bottom 25% (AU)2.8%
Market Top 25% (AU)7.2%
Industry Average (Consumer Durables)2.4%
Analyst forecast in 3 Years (Tamawood)n/a

Notable Dividend: TWD's dividend (11.43%) is higher than the bottom 25% of dividend payers in the Australian market (2.8%).

High Dividend: TWD's dividend (11.43%) is in the top 25% of dividend payers in the Australian market (7.19%)


Stability and Growth of Payments

Stable Dividend: TWD's dividend payments have been volatile in the past 10 years.

Growing Dividend: TWD's dividend payments have increased over the past 10 years.


Earnings Payout to Shareholders

Earnings Coverage: With its high payout ratio (246.7%), TWD's dividend payments are not well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its high cash payout ratio (133.2%), TWD's dividend payments are not well covered by cash flows.


Discover strong dividend paying companies

Management

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

11.3yrs

Average board tenure


CEO

Tim Bartholomaeus

8.33yrs

Tenure

AU$368,327

Compensation

Mr. Timothy Mark Bartholomaeus, also known as Tim, GAICD, has been the Managing Director and Director of Tamawood Ltd. since May 12, 2014 and served as its served as the Chief Operating Officer of Tamawood...


CEO Compensation Analysis

Tim Bartholomaeus's Compensation vs Tamawood Earnings
How has Tim Bartholomaeus's remuneration changed compared to Tamawood's earnings?
DateTotal Comp.SalaryCompany Earnings
Jun 30 2022AU$368kAU$215k

AU$3m

Mar 31 2022n/an/a

AU$4m

Dec 31 2021n/an/a

AU$6m

Sep 30 2021n/an/a

AU$6m

Jun 30 2021AU$281kAU$189k

AU$6m

Mar 31 2021n/an/a

AU$6m

Dec 31 2020n/an/a

AU$6m

Sep 30 2020n/an/a

AU$5m

Jun 30 2020AU$267kAU$194k

AU$4m

Mar 31 2020n/an/a

AU$4m

Dec 31 2019n/an/a

AU$3m

Sep 30 2019n/an/a

AU$3m

Jun 30 2019AU$283kAU$194k

AU$4m

Mar 31 2019n/an/a

AU$6m

Dec 31 2018n/an/a

AU$8m

Sep 30 2018n/an/a

AU$8m

Jun 30 2018AU$304kAU$175k

AU$9m

Mar 31 2018n/an/a

AU$9m

Dec 31 2017n/an/a

AU$9m

Sep 30 2017n/an/a

AU$9m

Jun 30 2017AU$318kAU$189k

AU$9m

Mar 31 2017n/an/a

AU$9m

Dec 31 2016n/an/a

AU$9m

Sep 30 2016n/an/a

AU$9m

Jun 30 2016AU$297kAU$172k

AU$8m

Compensation vs Market: Tim's total compensation ($USD237.31K) is about average for companies of similar size in the Australian market ($USD274.98K).

Compensation vs Earnings: Tim's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.


Board Members

Experienced Board: TWD's board of directors are seasoned and experienced ( 11.3 years average tenure).


Ownership

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


Insider Trading Volume

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


Recent Insider Transactions

ASX:TWD Recent Insider Transactions by Companies or Individuals
DateValueNameEntityRoleSharesMax Price
29 Jun 22BuyAU$627,120Lev MizikovskyIndividual235,760AU$2.66
01 Jun 22BuyAU$10,367,649Lev MizikovskyIndividual3,587,422AU$2.89
01 Jun 22SellAU$612,116Lev MizikovskyIndividual211,805AU$2.89
02 Dec 21BuyAU$4,960Lev MizikovskyIndividual1,600AU$3.10

Ownership Breakdown

What is the ownership structure of TWD?
Owner TypeNumber of SharesOwnership Percentage
Private Companies1,638,7894.7%
Institutions1,706,5634.9%
General Public9,008,91225.9%
Individual Insiders22,391,03964.4%

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 19.2%.


Top Shareholders

Top 14 shareholders own 74.07% of the company
OwnershipNameSharesCurrent ValueChange %Portfolio %
58.63%
Lev Mizikovsky
20,371,060A$42.8m4.21%no data
4.91%
Mutual Trust Pty Ltd, Asset Management Arm
1,706,563A$3.6m0%0.23%
1.76%
Andrew Thomas
610,504A$1.3m4.18%no data
1.72%
Stoddart Group Pty Ltd
597,491A$1.3m0%no data
1.57%
Robert Lynch
545,354A$1.1m0%no data
1.56%
Timothy Bartholomaeus
541,365A$1.1m0%no data
1.48%
Ripeland Pty. Ltd.
514,147A$1.1m0%no data
0.53%
Joseph Mizikovsky
182,743A$383.8k0%no data
0.52%
Cooltrac Pty Ltd
181,140A$380.4k0%no data
0.37%
Meredith Kuhnemann
129,500A$272.0k0%no data
0.36%
General Packaging Pty Ltd
125,131A$262.8k0%no data
0.33%
Freedman Investments Pty Ltd
114,112A$239.6k0%no data
0.31%
Izmo Pty Ltd
106,768A$224.2k0%no data
0.03%
M. Winothai
10,513A$22.1k0%no data

Company Information

Tamawood Limited's employee growth, exchange listings and data sources


Key Information

  • Name: Tamawood Limited
  • Ticker: TWD
  • Exchange: ASX
  • Founded: 1989
  • Industry: Homebuilding
  • Sector: Consumer Durables
  • Implied Market Cap: AU$72.965m
  • Shares outstanding: 34.75m
  • Website: https://www.tamawood.com.au

Location

  • Tamawood Limited
  • 1821 Ipswich Road
  • Rocklea
  • Queensland
  • 4074
  • Australia


Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
TWDASX (Australian Securities Exchange)YesOrdinary SharesAUAUDAug 2000

Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/09/28 00:00
End of Day Share Price2022/09/27 00:00
Earnings2022/06/30
Annual Earnings2022/06/30


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.