360 Capital Group
Market Cap
AU$251.1m
Last Updated
2019/10/20 10:33 UTC
Data Sources
Company Financials +
Executive Summary
360 Capital Group is an ASX-listed, investment and funds management group, focused on strategic and active investment management of alternative assets.
Snowflake
Fundamentals
Concerning outlook with worrying balance sheet.
Similar Companies
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
Market Performance
7 Day Return
1.3%
TGP
0.2%
AU REITs
0.4%
AU Market
1 Year Return
19.2%
TGP
18.4%
AU REITs
9.8%
AU Market
Return vs Industry: TGP matched the Australian REITs industry which returned 18.4% over the past year.
Return vs Market: TGP exceeded the Australian Market which returned 9.8% over the past year.
Shareholder returns
| TGP | Industry | Market | |
|---|---|---|---|
| 7 Day | 1.3% | 0.2% | 0.4% |
| 30 Day | 7.0% | 0.8% | -1.3% |
| 90 Day | 10.0% | -0.8% | -0.5% |
| 1 Year | 25.1%19.2% | 24.4%18.4% | 16.1%9.8% |
| 3 Year | 49.4%26.4% | 46.8%25.7% | 36.1%17.9% |
| 5 Year | 62.5%21.7% | 100.9%56.2% | 49.4%15.7% |
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
1 year ago | Simply Wall St
Could 360 Capital Group Limited's (ASX:TGP) Investor Composition Impacts Your Returns?1 year ago | Simply Wall St
Who Owns 360 Capital Group Limited (ASX:TGP)?1 year ago | Simply Wall St
Is 360 Capital Group Limited (ASX:TGP) A Smart Pick For Income Investors?Valuation
Is 360 Capital Group undervalued compared to its fair value and its price relative to the market?
153.64x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: TGP (A$1.15) is trading above our estimate of fair value (A$0.81)
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 (153.6x) compared to the REITs industry average (16x).
PE vs Market: TGP is poor value based on its PE Ratio (153.6x) compared to the Australian market (18.2x).
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 is overvalued based on its PB Ratio (1.2x) compared to the AU REITs industry average (1.1x).
Next Steps
Future Growth
How is 360 Capital Group forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
9.6%
Forecasted annual revenue growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: Insufficient data to determine if TGP's forecast earnings growth is above the savings rate (2.3%).
Earnings vs Market: Insufficient data to determine if TGP's earnings are forecast to grow faster than the Australian market
High Growth Earnings: Insufficient data to determine if earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: TGP's revenue (9.6% per year) is forecast to grow faster than the Australian market (3.6% per year).
High Growth Revenue: TGP's revenue (9.6% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: TGP's Return on Equity is forecast to be low in 3 years time (3.9%).
Next Steps
Past Performance
How has 360 Capital Group performed over the past 5 years?
-12.2%
Historical annual earnings growth
Earnings and Revenue History
Past Earnings Growth Analysis
Earnings Trend: TGP's earnings have declined by -12.2% 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 (-90.1%) over the past year, making it difficult to compare to the REITs industry average (-16.3%).
Return on Equity
High ROE: TGP's Return on Equity (1.1%) is considered low.
Return on Assets
ROA vs Industry: TGP's Return on Assets is below or equal to the REITs industry average last year.
Return on Capital Employed
ROCE Improving: TGP's Return on Capital Employed has declined over the past 3 years.
Next Steps
Financial Health
How is 360 Capital Group's financial position? (This company is analysed differently as a bank or financial institution)
Financial Position Analysis
Debt to Equity History and Analysis
Balance Sheet
Inventory Level: TGP has a low level of unsold assets or inventory.
Debt Coverage by Assets: Insufficient data to determine if TGP's debt is covered by short term assets.
Financial Institutions Analysis
Asset Level: TGP's level of assets compared to its equity is low.
Allowance for Bad Loans: Insufficient data to determine if TGP has a sufficient allowance for bad loans.
Low Risk Liabilities: TGP reports no customer deposits, loans are made up entirely of externally borrowed funds.
Loan Level: Insufficient data to determine if TGP has an acceptable proportion of non-loan assets held.
Low Risk Deposits: TGP has advanced significantly more loans than the customer deposits it holds.
Level of Bad Loans: Insufficient data to determine if TGP has an appropriate level of bad loans.
Next Steps
Dividend
What is 360 Capital Group's current dividend yield, its reliability and sustainability?
3.48%
Current Dividend Yield
Dividend Yield vs Market
Current dividend yield vs market & industry
Stability and Growth of Payments
Notable Dividend: TGP's dividend (3.48%) is higher than the bottom 25% of dividend payers in the Australian market (2.44%).
High Dividend: TGP's dividend (3.48%) is low compared to the top 25% of dividend payers in the Australian market (5.59%).
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 7 years, and since then payments have fallen.
Current Payout to Shareholders
Dividend Coverage: With its high payout ratio (191.5%), TGP's dividend payments are not well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: TGP's dividends in 3 years are not forecast to be well covered by earnings (100% payout ratio).
Next Steps
Management
What is the CEO of 360 Capital Group's salary, the management and board of directors tenure and is there insider trading?
4.3yrs
Average management tenure
CEO
Tony Pitt 0
6yrs
Tenure
AU$795,522
Compensation
Mr. Tony Robert Pitt has been a Group Managing Director and Executive Director of 360 Capital Group since October 2, 2013. He serves as the Managing Director of 360 Capital RE Limited. Mr. Pitt serves as t ...
CEO Compensation Analysis
Compensation vs. Market: Tony's total compensation ($USD544.62K) is about average for companies of similar size in the Australian market ($USD464.02K).
Compensation vs Earnings: Tony's compensation has been consistent with company performance over the past year.
Management Age and Tenure
4.3yrs
Average Tenure
Experienced Management: TGP's management team is considered experienced (4.3 years average tenure).
Board Age and Tenure
6.0yrs
Average Tenure
Experienced Board: TGP's board of directors are considered experienced (6 years average tenure).
Insider Trading
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
| Entity | Company |
| Shares | 3,257,565 |
| Max Price | AU$1.04 |
| Entity | Individual |
| Role | Chief Executive Officer Group MD & Executive Director |
| Shares | 31,559 |
| Max Price | AU$0.96 |
Ownership Breakdown
Management Team
Tony Pitt
Group MD & Executive Director
- Tenure: 6yrs
- Compensation: AU$795.52k
David Yuile
Head of Digital Infrastructure
- Tenure: 0yrs
Glenn Butterworth
Group Chief Financial Officer
- Tenure: 5.8yrs
- Compensation: AU$615.91k
James Storey
Head of Real Assets
- Tenure: 1.1yrs
- Compensation: AU$520.67k
Jennifer Vercoe
Company Secretary
- Tenure: 2.7yrs
Dennison Hambling
Head of Public & Private Equity
- Tenure: 0yrs
Chris Chase
Head of Private Credit
- Tenure: 0yrs
Libby Langtry
Investor Relations Manager
- Tenure: 0yrs
Ainslie Ebejer
Group Financial Controller
- Tenure: 0yrs
Matt Bowden
Financial Controller
- Tenure: 0yrs
Board Members
Andrew Moffat (58yo)
Non-Executive Independent Director
- Tenure: 6yrs
- Compensation: AU$96.23k
David van Aanholt (51yo)
Independent Chairman
- Tenure: 6.6yrs
- Compensation: AU$145.50k
Tony Pitt
Group MD & Executive Director
- Tenure: 6yrs
- Compensation: AU$795.52k
Graham Lenzner
Non-Executive Independent Director
- Tenure: 6.4yrs
- Compensation: AU$96.23k
William Ballhausen
Non-Executive Independent Director
- Tenure: 6yrs
- Compensation: AU$134.73k
Company Information
360 Capital Group Limited's company bio, employee growth, exchange listings and data sources
Key Information
- Name: 360 Capital Group Limited
- Ticker: TGP
- Exchange: ASX
- Founded: 1997
- Industry: Office REITs
- Sector: Real Estate
- Market Cap: AU$251.129m
- Shares outstanding: 218.37m
- Website: https://www.360capital.com.au
Location
- 360 Capital Group Limited
- 56 Pitt Street
- Level 8
- Sydney
- New South Wales
- 2000
- Australia
Listings
| 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 |
Biography
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 | 2019/10/20 10:33 |
| End of Day Share Price | 2019/10/18 00:00 |
| Earnings | 2019/06/30 |
| Annual Earnings | 2019/06/30 |
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.