360 Capital Group is an ASX-listed, investment and funds management group, focused on strategic and active investment management of alternative assets. More Details
Flawless balance sheet not a dividend payer.
Share Price & News
How has 360 Capital Group's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: TGP has not had significant price volatility in the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: TGP underperformed the Australian REITs industry which returned -16.3% over the past year.
Return vs Market: TGP underperformed the Australian Market which returned -12.3% over the past year.
Price Volatility Vs. Market
How volatile is 360 Capital Group's share price compared to the market and industry in the last 5 years?
Simply Wall St News
4 days ago | Simply Wall StHow Is 360 Capital Group's (ASX:TGP) CEO Paid Relative To Peers?
1 month ago | Simply Wall St360 Capital Group Limited's (ASX:TGP) Stock Financial Prospects Look Bleak: Should Shareholders Be Prepared For A Share Price Correction?
3 months ago | Simply Wall StShareholders Of 360 Capital Group (ASX:TGP) Have Received 2.9% On Their Investment
Is 360 Capital Group undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: TGP (A$0.86) is trading above our estimate of fair value (A$0.62)
Significantly Below Fair Value: TGP is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: TGP is poor value based on its PE Ratio (139.2x) compared to the AU REITs industry average (15.7x).
PE vs Market: TGP is poor value based on its PE Ratio (139.2x) compared to the Australian market (20.1x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate TGP's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: TGP's PB Ratio (1x) is in line with the AU REITs industry average.
How is 360 Capital Group forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Real Estate 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 360 Capital Group 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.
- Examine 360 Capital Group'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.
- 360 Capital Group competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Real Estate industry.
How has 360 Capital Group performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: TGP has a large one-off loss of A$2.2M impacting its June 30 2020 financial results.
Growing Profit Margin: TGP's current net profit margins (9.4%) are lower than last year (14.5%).
Past Earnings Growth Analysis
Earnings Trend: TGP's earnings have declined by 33.6% per year over the past 5 years.
Accelerating Growth: TGP's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: TGP had negative earnings growth (-16.1%) over the past year, making it difficult to compare to the REITs industry average (6.8%).
Return on Equity
High ROE: TGP's Return on Equity (1.4%) is considered low.
How is 360 Capital Group's financial position?
Financial Position Analysis
Short Term Liabilities: TGP's short term assets (A$172.5M) exceed its short term liabilities (A$4.8M).
Long Term Liabilities: TGP's short term assets (A$172.5M) exceed its long term liabilities (A$140.0K).
Debt to Equity History and Analysis
Debt Level: TGP is debt free.
Reducing Debt: TGP has no debt compared to 5 years ago when its debt to equity ratio was 94.1%.
Debt Coverage: TGP has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: TGP has no debt, therefore coverage of interest payments is not a concern.
What is 360 Capital Group current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: TGP's dividend (4.68%) is higher than the bottom 25% of dividend payers in the Australian market (2.38%).
High Dividend: TGP's dividend (4.68%) is low compared to the top 25% of dividend payers in the Australian market (5.69%).
Stability and Growth of Payments
Stable Dividend: TGP has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: TGP has only been paying a dividend for 8 years, and since then payments have fallen.
Current Payout to Shareholders
Dividend Coverage: With its high payout ratio (467%), TGP's dividend payments are not well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Mr. Tony Robert Pitt has been a Group Managing Director and Executive Director of 360 Capital Group since October 2, 2013. Mr. Pitt has a Certified Practising Valuer. He serves as Director of Velocity Prop ...
CEO Compensation Analysis
Compensation vs Market: Tony's total compensation ($USD589.23K) is above average for companies of similar size in the Australian market ($USD279.45K).
Compensation vs Earnings: Tony's compensation has been consistent with company performance over the past year.
|Group MD & Executive Director||6.92yrs||AU$805.48k||30.91% |
|Group CFO & Company Secretary||6.75yrs||AU$567.03k||1.37% |
|Head of Real Assets||2yrs||AU$541.73k||1.37% |
|Head of Public & Private Equity||no data||AU$416.87k||0.46% |
|Head of Private Credit||no data||AU$421.24k||0.46% |
|Investment Manager||0.33yr||no data||no data|
|Managing Director of Digital Infrastructure||no data||no data||no data|
|Group Financial Controller||no data||no data||no data|
|Financial Controller||no data||no data||no data|
|Joint Company Secretary||0.083yr||no data||no data|
|Finance Manager||no data||no data||no data|
Experienced Management: TGP's management team is considered experienced (2 years average tenure).
|Group MD & Executive Director||6.92yrs||AU$805.48k||30.91% |
|Non-Executive Independent Director||6.92yrs||AU$97.10k||0.48% |
|Independent Chairman||7.5yrs||AU$155.50k||0.17% |
|Non-Executive Independent Director||7.33yrs||AU$97.10k||0.16% |
|Non-Executive Independent Director||6.92yrs||AU$110.18k||0.23% |
Experienced Board: TGP's board of directors are considered experienced (6.9 years average tenure).
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.
360 Capital Group Limited's company bio, employee growth, exchange listings and data sources
- Name: 360 Capital Group Limited
- Ticker: TGP
- Exchange: ASX
- Founded: 1997
- Industry: Office REITs
- Sector: Real Estate
- Market Cap: AU$186.709m
- Shares outstanding: 218.37m
- Website: https://www.360capital.com.au
- 360 Capital Group Limited
- 56 Pitt Street
- Level 8
- New South Wales
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|TGP||ASX (Australian Securities Exchange)||Yes||Stapled Securities||AU||AUD||Jul 2005|
|TGP||CHIA (Chi-X Australia)||Yes||Stapled Securities||AU||AUD||Jul 2005|
360 Capital Group is an ASX-listed, investment and funds management group, focused on strategic and active investment management of alternative assets. Led by a highly experienced team, the Group operates ...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/09/19 19:06|
|End of Day Share Price||2020/09/18 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.