TTA Holdings Limited, through its subsidiary, TEAC Australia Pty Limited, distributes TEAC branded audio and visual consumer electronic products to retailers in Australia.
Adequate balance sheet and overvalued.
Share Price & News
How has TTA Holdings's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: TTA has not had significant price volatility in the past 3 months.
7 Day Return
AU Retail Distributors
1 Year Return
AU Retail Distributors
Return vs Industry: Insufficient data to determine how TTA performed against the Australian Retail Distributors industry.
Return vs Market: Insufficient data to determine how TTA performed against the Australian Market.
Price Volatility Vs. Market
How volatile is TTA Holdings's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 months ago | Simply Wall StShould You Be Concerned With TTA Holdings Limited's (ASX:TTA) -4.9% Earnings Drop?
1 year ago | Simply Wall StWhat does TTA Holdings Limited's (ASX:TTA) Balance Sheet Tell Us About Its Future?
2 years ago | Simply Wall StWhat Does TTA Holdings Limited's (ASX:TTA) Ownership Structure Look Like?
Is TTA Holdings undervalued compared to its fair value and its price relative to the market?
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: TTA (A$0.01) is trading above our estimate of fair value (A$0.01)
Significantly Below Fair Value: TTA is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: TTA is unprofitable, so we can't compare its PE Ratio to the Retail Distributors industry average.
PE vs Market: TTA is unprofitable, so we can't compare its PE Ratio to the Australian market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate TTA's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: TTA is good value based on its PB Ratio (0.5x) compared to the AU Retail Distributors industry average (1.8x).
How is TTA Holdings forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Retail 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 TTA Holdings 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 TTA Holdings'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.
- TTA Holdings competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Retail industry.
How has TTA Holdings performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: TTA is currently unprofitable.
Growing Profit Margin: TTA is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: TTA is unprofitable, and losses have increased over the past 5 years at a rate of -6% per year.
Accelerating Growth: Unable to compare TTA's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: TTA is unprofitable, making it difficult to compare its past year earnings growth to the Retail Distributors industry (-1.4%).
Return on Equity
High ROE: TTA has a negative Return on Equity (-81.77%), as it is currently unprofitable.
How is TTA Holdings's financial position?
Financial Position Analysis
Short Term Liabilities: TTA's short term assets (A$2.3M) exceed its short term liabilities (A$1.9M).
Long Term Liabilities: TTA's short term assets (A$2.3M) exceed its long term liabilities (A$4.3K).
Debt to Equity History and Analysis
Debt Level: TTA's debt to equity ratio (47.6%) is considered high.
Reducing Debt: TTA's debt to equity ratio has increased from 12.1% to 47.6% over the past 5 years.
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable TTA has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: TTA is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 42.5% per year.
What is TTA Holdings's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate TTA's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate TTA'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 TTA's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if TTA's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: TTA is not paying a notable dividend for the Australian market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of TTA'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 board tenure
Mr. Clive Yang Chia has been the Chief Executive Officer, Managing Director and Executive Director at TTA Holdings Limited since August 30, 2019. Mr. Chia joined TTA Holdings Limited as an Executive on Jul ...
|CEO, MD & Executive Director||0.83yr||no data||no data|
|Non Executive Independent Deputy Chairman||12.08yrs||AU$38.33k||0.015% A$219.9|
|Non-Executive Chairman||12.08yrs||AU$45.00k||no data|
|Non-Executive Director||12.08yrs||AU$30.00k||no data|
Experienced Board: TTA's board of directors are seasoned and experienced ( 12.1 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.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
TTA Holdings Limited's company bio, employee growth, exchange listings and data sources
- Name: TTA Holdings Limited
- Ticker: TTA
- Exchange: ASX
- Industry: Distributors
- Sector: Retail
- Market Cap: AU$1.512m
- Shares outstanding: 137.42m
- Website: https://www.teac.com.au
Number of Employees
- TTA Holdings Limited
- 75 Northgate Drive
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|TTA||ASX (Australian Securities Exchange)||Yes||Ordinary Shares||AU||AUD||May 2008|
TTA Holdings Limited, through its subsidiary, TEAC Australia Pty Limited, distributes TEAC branded audio and visual consumer electronic products to retailers in Australia. Its audio products include sound systems, portable audios, Bluetooth speakers, sound bars, digital radios, and clock radios; and visual products comprise LED flat panel televisions, televisions with built in DVD players, UHD smart and non-smart televisions, set top boxes, and DVD players. The company is based in Thomastown, Australia. TTA Holdings Limited is a subsidiary of TT International Limited.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/06/05 10:38|
|End of Day Share Price||2020/05/28 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.