Think Childcare Group engages in the provision of child care services in Australia. More Details
High growth potential and slightly overvalued.
Share Price & News
How has Think Childcare Group's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: TNK is not significantly more volatile than the rest of Australian stocks over the past 3 months, typically moving +/- 9% a week.
Volatility Over Time: TNK's weekly volatility (9%) has been stable over the past year.
7 Day Return
AU Consumer Services
1 Year Return
AU Consumer Services
Return vs Industry: TNK exceeded the Australian Consumer Services industry which returned 7.4% over the past year.
Return vs Market: TNK exceeded the Australian Market which returned 1% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is Think Childcare Group's share price compared to the market and industry in the last 5 years?
Simply Wall St News
4 weeks ago | Simply Wall StHere's Why Think Childcare Group (ASX:TNK) Has A Meaningful Debt Burden
1 month ago | Simply Wall StCan Think Childcare Group's (ASX:TNK) Weak Financials Pull The Plug On The Stock's Current Momentum On Its Share Price?
1 month ago | Simply Wall StAre Insiders Buying Think Childcare Group (ASX:TNK) Stock?
Is Think Childcare Group undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: TNK (A$1.61) is trading below our estimate of fair value (A$9.08)
Significantly Below Fair Value: TNK is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: TNK is poor value based on its PE Ratio (47.8x) compared to the AU Consumer Services industry average (27.9x).
PE vs Market: TNK is poor value based on its PE Ratio (47.8x) compared to the Australian market (22.7x).
Price to Earnings Growth Ratio
PEG Ratio: TNK is poor value based on its PEG Ratio (1.2x)
Price to Book Ratio
PB vs Industry: TNK is overvalued based on its PB Ratio (2x) compared to the AU Consumer Services industry average (1.8x).
How is Think Childcare Group forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: TNK's forecast earnings growth (39% per year) is above the savings rate (2.3%).
Earnings vs Market: TNK's earnings (39% per year) are forecast to grow faster than the Australian market (18.1% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: TNK's revenue (25% per year) is forecast to grow faster than the Australian market (5.1% per year).
High Growth Revenue: TNK's revenue (25% per year) is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: TNK's Return on Equity is forecast to be low in 3 years time (15.5%).
How has Think Childcare Group performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: TNK has high quality earnings.
Growing Profit Margin: TNK's current net profit margins (1.8%) are lower than last year (3.8%).
Past Earnings Growth Analysis
Earnings Trend: TNK has become profitable over the past 5 years, growing earnings by -17.3% per year.
Accelerating Growth: TNK's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: TNK had negative earnings growth (-46.2%) over the past year, making it difficult to compare to the Consumer Services industry average (-18.5%).
Return on Equity
High ROE: TNK's Return on Equity (3.9%) is considered low.
How is Think Childcare Group's financial position?
Financial Position Analysis
Short Term Liabilities: TNK's short term assets (A$21.4M) do not cover its short term liabilities (A$35.8M).
Long Term Liabilities: TNK's short term assets (A$21.4M) do not cover its long term liabilities (A$211.9M).
Debt to Equity History and Analysis
Debt Level: TNK's debt to equity ratio (93.2%) is considered high.
Reducing Debt: TNK's debt to equity ratio has increased from 34.7% to 93.2% over the past 5 years.
Debt Coverage: TNK's debt is well covered by operating cash flow (47.2%).
Interest Coverage: TNK's interest payments on its debt are not well covered by EBIT (1.3x coverage).
What is Think Childcare Group current dividend yield, its reliability and sustainability?
Forecast Dividend Yield
Dividend Yield vs Market
Notable Dividend: Unable to evaluate TNK's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate TNK's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if TNK's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if TNK's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: TNK is not paying a notable dividend for the Australian market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of TNK's dividend in 3 years as they are not forecast to pay a notable one for the Australian market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Mr. Mathew Edwards serves as the Chief Executive Officer of Think Childcare Group (formerly known as Think Childcare Limited). since September 17, 2014 and serves as its Managing Director. Mr. Edwards has ...
CEO Compensation Analysis
Compensation vs Market: Mathew's total compensation ($USD388.25K) is above average for companies of similar size in the Australian market ($USD281.85K).
Compensation vs Earnings: Mathew's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
|MD, CEO & Executive Director||6.25yrs||AU$521.69k||22.33% |
|Chief Financial Officer||2.67yrs||AU$614.82k||0.066% |
|Chief Operating Officer||1.17yrs||AU$340.44k||no data|
|Head of Legal Counsel & Joint Company Secretary||2.58yrs||no data||no data|
|Joint Company Secretary||no data||no data||no data|
Experienced Management: TNK's management team is considered experienced (2.6 years average tenure).
|MD, CEO & Executive Director||6.25yrs||AU$521.69k||22.33% |
|Non-Executive Director||0.17yr||no data||no data|
|Independent Non-Executive Chairman||no data||AU$131.90k||2.99% |
|Independent Non-Executive Director||2.58yrs||AU$75.00k||no data|
|Non-Executive Director||0.58yr||no data||no data|
|Independent Non-Executive Director||2.67yrs||AU$75.00k||no data|
Experienced Board: TNK's board of directors are not considered experienced ( 2.6 years average tenure), which suggests a new board.
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
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Think Childcare Group's company bio, employee growth, exchange listings and data sources
- Name: Think Childcare Group
- Ticker: TNK
- Exchange: ASX
- Founded: 2019
- Industry: Education Services
- Sector: Consumer Services
- Market Cap: AU$99.526m
- Shares outstanding: 61.06m
- Website: https://www.thinkchildcare.com.au
Number of Employees
- Think Childcare Group
- 1 Park Avenue
- Suite 3
- New South Wales
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|TNK||ASX (Australian Securities Exchange)||Yes||Stapled Securities||AU||AUD||Oct 2014|
Think Childcare Group engages in the provision of child care services in Australia. The company operates through Child Care Operations and Child Care Development segments. It offers full or part-time care ...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/12/04 07:06|
|End of Day Share Price||2020/12/04 00:00|
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.