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TPW

Temple & Webster GroupASX:TPW Stock Report

Market Cap

AU$1.6b

7D

-1.5%

1Y

16.0%

Updated

23 Sep, 2021

Data

Company Financials +
TPW fundamental analysis
Snowflake Score
Valuation2/6
Future Growth5/6
Past Performance2/6
Financial Health6/6
Dividends0/6

TPW Overview

Temple & Webster Group Ltd engages in the online retail of furniture, homewares, and other lifestyle products in Australia.

Temple & Webster Group Competitors

Kogan.com

ASX:KGN

AU$1.1b

Amazon.com

NasdaqGS:AMZN

US$1.7t

eBay

NasdaqGS:EBAY

US$47.6b

Woolworths Group

ASX:WOW

AU$49.3b

Price History & Performance

Summary of all time highs, changes and price drops for Temple & Webster Group
Historical stock prices
Current Share PriceAU$13.17
52 Week HighAU$8.01
52 Week LowAU$15.00
Beta0.99
1 Month Change2.57%
3 Month Change26.03%
1 Year Change16.04%
3 Year Change1,060.35%
5 Year Change8,680.00%
Change since IPO1,363.33%

Recent News & Updates

Shareholder Returns

TPWAU Online RetailAU Market
7D-1.5%2.7%-2.3%
1Y16.0%-19.2%25.4%

Return vs Industry: TPW exceeded the Australian Online Retail industry which returned -19.2% over the past year.

Return vs Market: TPW underperformed the Australian Market which returned 25.4% over the past year.

Price Volatility

Is TPW's price volatile compared to industry and market?
TPW volatility
TPW Beta0.99
Industry Beta1.02
Market Beta1

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

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

About the Company

FoundedEmployeesCEOWebsite
2011n/aMark Coulterhttps://www.templeandwebstergroup.com.au

Temple & Webster Group Ltd engages in the online retail of furniture, homewares, and other lifestyle products in Australia. The company operates the Temple & Webster online platform that offers approximately 200,000 products. Its online platform offers outdoor, office, and home décor furniture; and rugs, lighting, wall art bed and bath, kitchen baby and kids, renovation, and lifestyle products.

Temple & Webster Group Fundamentals Summary

How do Temple & Webster Group's earnings and revenue compare to its market cap?
TPW fundamental statistics
Market CapAU$1.59b
Earnings (TTM)AU$13.95m
Revenue (TTM)AU$326.34m

113.7x

P/E Ratio

4.9x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
TPW income statement (TTM)
RevenueAU$326.34m
Cost of RevenueAU$178.35m
Gross ProfitAU$148.00m
ExpensesAU$134.04m
EarningsAU$13.95m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)0.12
Gross Margin45.35%
Net Profit Margin4.28%
Debt/Equity Ratio0%

How did TPW perform over the long term?

See historical performance and comparison

Valuation

Is Temple & Webster Group undervalued compared to its fair value and its price relative to the market?

38.5%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: TPW (A$13.17) is trading below our estimate of fair value (A$21.41)

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


Price To Earnings Ratio

PE vs Industry: TPW is poor value based on its PE Ratio (113.7x) compared to the Australian Online Retail industry average (110.2x).

PE vs Market: TPW is poor value based on its PE Ratio (113.7x) compared to the Australian market (18.7x).


Price to Earnings Growth Ratio

PEG Ratio: TPW is poor value based on its PEG Ratio (4.7x)


Price to Book Ratio

PB vs Industry: TPW is overvalued based on its PB Ratio (18.9x) compared to the AU Online Retail industry average (6x).


Future Growth

How is Temple & Webster Group forecast to perform in the next 1 to 3 years based on estimates from 9 analysts?

24.1%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: TPW's forecast earnings growth (24.1% per year) is above the savings rate (1.9%).

Earnings vs Market: TPW's earnings (24.1% per year) are forecast to grow faster than the Australian market (11.4% per year).

High Growth Earnings: earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: TPW's revenue (21.1% per year) is forecast to grow faster than the Australian market (5.3% per year).

High Growth Revenue: TPW's revenue (21.1% per year) is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: TPW's Return on Equity is forecast to be low in 3 years time (16.7%).


Past Performance

How has Temple & Webster Group performed over the past 5 years?

83.0%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: TPW has high quality earnings.

Growing Profit Margin: TPW's current net profit margins (4.3%) are lower than last year (7.9%).


Past Earnings Growth Analysis

Earnings Trend: TPW has become profitable over the past 5 years, growing earnings by 83% per year.

Accelerating Growth: TPW's earnings growth over the past year (0.3%) is below its 5-year average (83% per year).

Earnings vs Industry: TPW earnings growth over the past year (0.3%) underperformed the Online Retail industry 55.9%.


Return on Equity

High ROE: TPW's Return on Equity (16.6%) is considered low.


Financial Health

How is Temple & Webster Group's financial position?


Financial Position Analysis

Short Term Liabilities: TPW's short term assets (A$124.2M) exceed its short term liabilities (A$58.6M).

Long Term Liabilities: TPW's short term assets (A$124.2M) exceed its long term liabilities (A$5.7M).


Debt to Equity History and Analysis

Debt Level: TPW is debt free.

Reducing Debt: TPW had no debt 5 years ago.

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

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


Balance Sheet


Dividend

What is Temple & Webster Group current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

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

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

3.1yrs

Average management tenure


CEO

Mark Coulter

5yrs

Tenure

AU$845,487

Compensation

Mr. Mark Coulter is a Co-Founder of Temple & Webster Group Ltd., and has been its Chief Executive Officer since October 24, 2016 and its Managing Director since 2019 and Customer Experience Officer. Mr. Co...


CEO Compensation Analysis

Compensation vs Market: Mark's total compensation ($USD613.96K) is below average for companies of similar size in the Australian market ($USD940.79K).

Compensation vs Earnings: Mark's compensation has been consistent with company performance over the past year.


Leadership Team

Experienced Management: TPW's management team is considered experienced (3.1 years average tenure).


Board Members

Experienced Board: TPW's board of directors are considered experienced (4.9 years average tenure).


Ownership

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


Insider Trading Volume

Insider Buying: TPW insiders have only sold shares in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Temple & Webster Group Ltd's employee growth, exchange listings and data sources


Key Information

  • Name: Temple & Webster Group Ltd
  • Ticker: TPW
  • Exchange: ASX
  • Founded: 2011
  • Industry: Internet and Direct Marketing Retail
  • Sector: Retail
  • Market Cap: AU$1.586b
  • Shares outstanding: 120.45m
  • Website: https://www.templeandwebstergroup.com.au

Number of Employees


Location

  • Temple & Webster Group Ltd
  • 1-7 Unwins Bridge Road
  • Unit 1A
  • Sydney
  • New South Wales
  • 2044
  • Australia

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/09/23 16:05
End of Day Share Price2021/09/23 00:00
Earnings2021/06/30
Annual Earnings2021/06/30


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.