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Transaction Solutions International

ASX:TSN
Snowflake Description

Excellent balance sheet and overvalued.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
TSN
ASX
A$19M
Market Cap
  1. Home
  2. AU
  3. Software
Company description

Transaction Solutions International Limited provides cybersecurity services in India. The last earnings update was 143 days ago. More info.


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TSN Share Price and Events
7 Day Returns
14.3%
ASX:TSN
-1.5%
AU IT
-0%
AU Market
1 Year Returns
0%
ASX:TSN
26.1%
AU IT
4.9%
AU Market
TSN Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Transaction Solutions International (TSN) 14.3% 0% -11.1% 0% -73.3% 100%
AU IT -1.5% 1.8% 12.2% 26.1% 53.6% 51.3%
AU Market -0% 1% 6.3% 4.9% 18.2% 4.8%
1 Year Return vs Industry and Market
  • TSN underperformed the IT industry which returned 26.1% over the past year.
  • TSN underperformed the Market in Australia which returned 4.9% over the past year.
Price Volatility
TSN
Industry
5yr Volatility vs Market

Value

 Is Transaction Solutions International undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Transaction Solutions International to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Transaction Solutions International.

ASX:TSN Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Extrapolated from most recent financials. See below
Discount Rate (Cost of Equity) See below 8.6%
Perpetual Growth Rate 10-Year AU Government Bond Rate 2.3%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for ASX:TSN
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year AU Govt Bond Rate 2.3%
Equity Risk Premium S&P Global 6%
IT Unlevered Beta Simply Wall St/ S&P Global 1.05
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 1.054 (1 + (1- 30%) (3.61%))
1.054
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.05
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 2.31% + (1.054 * 5.96%)
8.6%

Discounted Cash Flow Calculation for ASX:TSN using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Transaction Solutions International is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

ASX:TSN DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (AUD, Millions) Source Present Value
Discounted (@ 8.6%)
2019 0.18 Est @ 54.81% 0.17
2020 0.25 Est @ 39.06% 0.21
2021 0.32 Est @ 28.04% 0.25
2022 0.39 Est @ 20.32% 0.28
2023 0.45 Est @ 14.92% 0.30
2024 0.50 Est @ 11.14% 0.30
2025 0.54 Est @ 8.49% 0.30
2026 0.58 Est @ 6.64% 0.30
2027 0.61 Est @ 5.34% 0.29
2028 0.63 Est @ 4.43% 0.28
Present value of next 10 years cash flows A$2.68
ASX:TSN DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2028 × (1 + g) ÷ (Discount Rate – g)
= A$0.63 × (1 + 2.31%) ÷ (8.6% – 2.31%)
A$10.32
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= A$10.32 ÷ (1 + 8.6%)10
A$4.52
ASX:TSN Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= A$2.68 + A$4.52
A$7.21
Equity Value per Share
(AUD)
= Total value / Shares Outstanding
= A$7.21 / 2,412.40
A$0
ASX:TSN Discount to Share Price
Calculation Result
Value per share (AUD) From above. A$0.00
Current discount Discount to share price of A$0.01
= -1 x (A$0.01 - A$0.00) / A$0.00
-167.7%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

  • The current share price of Transaction Solutions International is above its future cash flow value.
Often investors are willing to pay a premium for a company that has a high dividend or the potential for future growth.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Transaction Solutions International's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Transaction Solutions International's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
ASX:TSN PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-09-30) in AUD A$0.00
ASX:TSN Share Price ** ASX (2019-04-17) in AUD A$0.01
Australia IT Industry PE Ratio Median Figure of 16 Publicly-Listed IT Companies 16.59x
Australia Market PE Ratio Median Figure of 544 Publicly-Listed Companies 16.14x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Transaction Solutions International.

ASX:TSN PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= ASX:TSN Share Price ÷ EPS (both in AUD)

= 0.01 ÷ 0.00

-2666.67x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Transaction Solutions International is loss making, we can't compare its value to the AU IT industry average.
  • Transaction Solutions International is loss making, we can't compare the value of its earnings to the Australia market.
Price based on expected Growth
Does Transaction Solutions International's expected growth come at a high price?
Raw Data
ASX:TSN PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -2666.67x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
Australia IT Industry PEG Ratio Median Figure of 12 Publicly-Listed IT Companies 1.34x
Australia Market PEG Ratio Median Figure of 360 Publicly-Listed Companies 1.35x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Transaction Solutions International, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Transaction Solutions International's assets?
Raw Data
ASX:TSN PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-09-30) in AUD A$0.01
ASX:TSN Share Price * ASX (2019-04-17) in AUD A$0.01
Australia IT Industry PB Ratio Median Figure of 32 Publicly-Listed IT Companies 2.49x
Australia Market PB Ratio Median Figure of 1,676 Publicly-Listed Companies 1.67x
ASX:TSN PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= ASX:TSN Share Price ÷ Book Value per Share (both in AUD)

= 0.01 ÷ 0.01

0.88x

* Primary Listing of Transaction Solutions International.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Transaction Solutions International is good value based on assets compared to the AU IT industry average.
X
Value checks
We assess Transaction Solutions International's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the IT industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the IT industry average (and greater than 0)? (1 check)
  5. Transaction Solutions International has a total score of 1/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

 How is Transaction Solutions International expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

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 Transaction Solutions International 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 Simply Wall St do have past financial data. You can see them here.

Show me the analysis anyway

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
35.8%
Expected IT industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Transaction Solutions International expected to grow at an attractive rate?
  • Unable to compare Transaction Solutions International's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Transaction Solutions International's earnings growth to the Australia market average as no estimate data is available.
  • Unable to compare Transaction Solutions International's revenue growth to the Australia market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
ASX:TSN Future Growth Rates Data Sources
Data Point Source Value (per year)
Australia IT Industry Earnings Growth Rate Market Cap Weighted Average 35.8%
Australia IT Industry Revenue Growth Rate Market Cap Weighted Average 14%
Australia Market Earnings Growth Rate Market Cap Weighted Average 6.6%
Australia Market Revenue Growth Rate Market Cap Weighted Average 3.1%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
ASX:TSN Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (6 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in AUD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
ASX:TSN Past Financials Data
Date (Data in AUD Millions) Revenue Cash Flow Net Income *
2018-09-30 4 0 0
2018-06-30 3 0 0
2018-03-31 2 -1 -1
2017-12-31 1 -1 -1
2017-09-30 0 -1 -1
2017-06-30 0 -1 -1
2017-03-31 0 -1 -1
2016-12-31 0 -1 -1
2016-09-30 0 -1 -2
2016-06-30 0 -1 -1
2016-03-31 0 -1 -1
2015-12-31 0 -1 -1

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Transaction Solutions International is high growth as no earnings estimate data is available.
  • Unable to determine if Transaction Solutions International is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
ASX:TSN Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (6 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Transaction Solutions International Company Filings, last reported 6 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

ASX:TSN Past Financials Data
Date (Data in AUD Millions) EPS *
2018-09-30 0.00
2018-06-30 0.00
2018-03-31 0.00
2017-12-31 0.00
2017-09-30 0.00
2017-06-30 0.00
2017-03-31 0.00
2016-12-31 0.00
2016-09-30 0.00
2016-06-30 0.00
2016-03-31 0.00
2015-12-31 0.00

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Transaction Solutions International will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Examine Transaction Solutions International'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.
  2. Transaction Solutions International's future outlook can be gauged by looking at industry trends and market size, and determining how well-positioned the company is compared to its competitors. Take a look at other high-growth Software companies here
  3. Transaction Solutions International's competitive advantages and company strategy can generally be found in its financial reports archived here.
  4. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Future performance checks
We assess Transaction Solutions International's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Australia market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Australia market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Transaction Solutions International has a total score of 0/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

  How has Transaction Solutions International performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Transaction Solutions International's growth in the last year to its industry (IT).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Transaction Solutions International does not make a profit even though their year on year earnings growth rate was positive over the past 5 years.
  • Unable to compare Transaction Solutions International's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Transaction Solutions International's 1-year growth to the AU IT industry average as it is not currently profitable.
Earnings and Revenue History
Transaction Solutions International's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Transaction Solutions International Company Filings, last reported 6 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

ASX:TSN Past Revenue, Cash Flow and Net Income Data
Date (Data in AUD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-09-30 4.17 -0.01 3.11
2018-06-30 3.25 -0.30 2.56
2018-03-31 2.33 -0.59 2.01
2017-12-31 1.33 -0.79 1.36
2017-09-30 0.32 -1.00 0.71
2017-06-30 0.18 -1.15 0.76
2017-03-31 0.04 -1.30 0.81
2016-12-31 -0.01 -1.40 0.88
2016-09-30 -0.06 -1.50 0.94
2016-06-30 0.01 -1.25 0.78
2016-03-31 0.08 -0.99 0.62
2015-12-31 0.18 -0.84 0.59
2015-09-30 0.28 -0.69 0.55
2015-06-30 0.26 -0.75 0.55
2015-03-31 0.25 -0.81 0.55
2014-12-31 0.24 -0.80 0.56
2014-09-30 0.23 -0.79 0.57
2014-06-30 0.18 -0.91 0.63
2014-03-31 0.13 -1.02 0.70
2013-09-30 0.07 -1.38 0.80
2013-06-30 0.05 -1.33 0.80
2013-03-31 0.04 -1.28 0.80
2012-09-30 -3.73 -0.99 0.55
2012-06-30 -1.87 -1.05 0.74

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • It is difficult to establish if Transaction Solutions International has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • Transaction Solutions International used its assets less efficiently than the AU IT industry average last year based on Return on Assets.
  • It is difficult to establish if Transaction Solutions International improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess Transaction Solutions International's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the IT industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Transaction Solutions International has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is Transaction Solutions International's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Transaction Solutions International's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Transaction Solutions International is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Transaction Solutions International's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Transaction Solutions International's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • Low level of unsold assets.
  • Debt is covered by short term assets, assets are 4.1x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Transaction Solutions International Company Filings, last reported 6 months ago.

ASX:TSN Past Debt and Equity Data
Date (Data in AUD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-09-30 19.83 0.70 1.75
2018-06-30 19.83 0.70 1.75
2018-03-31 19.77 0.65 1.49
2017-12-31 19.77 0.65 1.49
2017-09-30 13.70 0.00 2.67
2017-06-30 13.70 0.00 2.67
2017-03-31 12.23 0.00 2.54
2016-12-31 12.23 0.00 2.54
2016-09-30 12.72 0.00 2.92
2016-06-30 12.72 0.00 2.92
2016-03-31 11.56 0.00 1.88
2015-12-31 11.56 0.00 1.88
2015-09-30 7.81 0.00 1.87
2015-06-30 7.81 0.00 1.87
2015-03-31 7.87 0.00 2.12
2014-12-31 7.87 0.00 2.12
2014-09-30 7.98 0.00 2.36
2014-06-30 7.98 0.00 2.36
2014-03-31 8.21 0.00 2.90
2013-09-30 8.28 0.00 3.28
2013-06-30 8.28 0.00 3.28
2013-03-31 9.21 0.00 3.13
2012-09-30 10.70 0.00 5.15
2012-06-30 10.70 0.00 5.15
  • Transaction Solutions International's level of debt (3.5%) compared to net worth is satisfactory (less than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (0% vs 3.5% today).
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.

  • Whilst loss making Transaction Solutions International has sufficient cash runway for more than 3 years if it maintains the current positive free cash flow level.
  • Whilst loss making Transaction Solutions International has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by -14.8% per year.
X
Financial health checks
We assess Transaction Solutions International's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Transaction Solutions International has a total score of 5/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

 What is Transaction Solutions International's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Transaction Solutions International dividends.
If you bought A$2,000 of Transaction Solutions International shares you are expected to receive A$0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Transaction Solutions International's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Transaction Solutions International's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
ASX:TSN Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
Australia IT Industry Average Dividend Yield Market Cap Weighted Average of 11 Stocks 2.2%
Australia Market Average Dividend Yield Market Cap Weighted Average of 417 Stocks 4.3%
Australia Minimum Threshold Dividend Yield 10th Percentile 1.6%
Australia Bottom 25% Dividend Yield 25th Percentile 2.5%
Australia Top 25% Dividend Yield 75th Percentile 5.8%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Transaction Solutions International has not reported any payouts.
  • Unable to verify if Transaction Solutions International's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Transaction Solutions International's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Transaction Solutions International has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Transaction Solutions International's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.6%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Transaction Solutions International afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Transaction Solutions International has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

 What is the CEO of Transaction Solutions International's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Jeff Lai
COMPENSATION A$200,000
TENURE AS CEO 2.1 years
CEO Bio

Mr. Jeffrey Lai, also known as Jeff, has been the Chief Executive Officer and Executive Director at Transaction Solutions International Limited since March 20, 2017 and June 30, 2017 respectively. Mr. Lai is well credentialed to lead the expansion strategy of TSN by finding new technologies to implement in India and across Australia and Asia. His experience and skill set enhancing the TSN team, it makes good sense to review the skills required of Board. Mr. Lai holds professional qualifications in Master of Business Administration (M.B.A.) from INSEAD and in a Bachelor of Engineering with Honours from University of Melbourne.

CEO Compensation
  • Jeff's compensation has increased whilst company is loss making.
  • Jeff's remuneration is lower than average for companies of similar size in Australia.
Management Team Tenure

Average tenure of the Transaction Solutions International management team in years:

3
Average Tenure
  • The tenure for the Transaction Solutions International management team is about average.
Management Team

Gary Foster

TITLE
Co-Founder & Non-Executive Chairman
COMPENSATION
A$72K

Jeff Lai

TITLE
CEO & Executive Director
COMPENSATION
A$200K
TENURE
2.1 yrs

Deepak Verma

TITLE
Chief Financial Officer

Pawanjot Singh

TITLE
Head of Operations
TENURE
3.1 yrs

Amit Tyagi

TITLE
Director of Sales
TENURE
2.8 yrs

Azeet Kumar

TITLE
Head of IT

Phil MacLeod

TITLE
Company Secretary
COMPENSATION
A$36K
AGE
54
TENURE
9.2 yrs

Robyn Large

TITLE
Financial Controller
TENURE
1.4 yrs

Ashok Jain

TITLE
Vice President of Finance
TENURE
3.1 yrs
Board of Directors Tenure

Average tenure of the Transaction Solutions International board of directors in years:

1.8
Average Tenure
  • The average tenure for the Transaction Solutions International board of directors is less than 3 years, this suggests a new board.
Board of Directors

Gary Foster

TITLE
Co-Founder & Non-Executive Chairman
COMPENSATION
A$72K
TENURE
2 yrs

Jeff Lai

TITLE
CEO & Executive Director
COMPENSATION
A$200K
TENURE
1.8 yrs

Gernot Abl

TITLE
Non-Executive Director
COMPENSATION
A$27K
TENURE
1.8 yrs

Howard Digby

TITLE
Independent Non-Executive Director
AGE
51
TENURE
0.4 yrs
Who owns this company?
Recent Insider Trading
  • Transaction Solutions International insiders have only sold shares in the past 3 months, but not in substantial volumes.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (A$) Value (A$)
12. Feb 19 Sell Paul Boyatzis Individual 25. Aug 18 11. Feb 19 -3,287,253 A$0.01 A$-25,294
X
Management checks
We assess Transaction Solutions International's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Transaction Solutions International has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

Simply Wall St News

Do Directors Own Transaction Solutions International Limited (ASX:TSN) Shares?

Every investor in Transaction Solutions International Limited (ASX:TSN) should be aware of the most powerful shareholder groups. … With a market capitalization of AU$13m, Transaction Solutions International is a small cap stock, so it might not be well known by many institutional investors. … See our latest analysis for Transaction Solutions International

Simply Wall St -

Are Transaction Solutions International Limited's (ASX:TSN) Interest Costs Too High?

Investors are always looking for growth in small-cap stocks like Transaction Solutions International Limited (ASX:TSN), with a market cap of AU$15.22m. … However, an important fact which most ignore is: how financially healthy is the business?

Simply Wall St -

Company Info

Description

Transaction Solutions International Limited provides cybersecurity services in India. The company, through its interest in Transaction Solutions International (India) Private Limited, installs and manages a network of automated teller machines (ATMs) and bill payment systems on behalf of various banks. It manages approximately 14,000 ATMs. Transaction Solutions International Limited is based in Willetton, Australia.

Details
Name: Transaction Solutions International Limited
TSN
Exchange: ASX
Founded:
A$19,299,206
2,412,400,843
Website: http://www.tsnltd.com.au
Address: Transaction Solutions International Limited
16 Gympie Way,
Level1,
Willetton,
Western Australia, 6155,
Australia
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
ASX TSN Ordinary Shares Australian Securities Exchange AU AUD 15. Sep 2010
CHIA TSN Ordinary Shares Chi-X Australia AU AUD 15. Sep 2010
Number of employees
Current staff
Staff numbers
0
Transaction Solutions International employees.
Industry
Data Processing and Outsourced Services
Software
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/04/22 10:34
End of day share price update: 2019/04/17 00:00
Last earnings filing: 2018/11/30
Last earnings reported: 2018/09/30
Last annual earnings reported: 2018/03/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.