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TZ

ASX:TZL
Snowflake Description

Imperfect balance sheet with weak fundamentals.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
TZL
ASX
A$13M
Market Cap
  1. Home
  2. AU
  3. Tech
Company description

TZ Limited, together with its subsidiaries, develops intelligent devices and smart device systems that enable the commercialization of hardware and software solutions for the management, control, and monitoring of business assets. The last earnings update was 57 days ago. More info.


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  • TZ has significant price volatility in the past 3 months.
TZL Share Price and Events
7 Day Returns
-5.1%
ASX:TZL
-3.4%
AU Electronic
0.5%
AU Market
1 Year Returns
12.1%
ASX:TZL
12.4%
AU Electronic
4.9%
AU Market
TZL Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
TZ (TZL) -5.1% 2.8% -17.8% 12.1% -81.5% -88.1%
AU Electronic -3.4% 4% 20.7% 12.4% 9% 37.2%
AU Market 0.5% 1.9% 8% 4.9% 19.5% 6.3%
1 Year Return vs Industry and Market
  • TZL outperformed the Market in Australia which returned 4.9% over the past year.
Price Volatility
TZL
Industry
5yr Volatility vs Market

Value

 Is TZ 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.

In this section, we usually try to help investors determine whether TZ is trading at an attractive price based on the cash flow it is expected to produce in the future. But as TZ has not provided consistent financial data, and the stock also has no analyst forecast or coverage, its intrinsic value cannot be reliably calculated by extrapolating past data or using analyst consensus cash flow predictions.

This is quite a rare situation as 89% of companies covered by Simply Wall St do have a valuation analysis. You can see them here.

Show me the analysis anyway

INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
  • It is not possible to calculate the future cash flow value for TZ. This is due to cash flow or dividend data being unavailable. The share price is A$0.185.
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 TZ's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are TZ's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
ASX:TZL PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in AUD A$-0.05
ASX:TZL Share Price ** ASX (2019-04-24) in AUD A$0.19
Australia Electronic Industry PE Ratio Median Figure of 6 Publicly-Listed Electronic Companies 16.3x
Australia Market PE Ratio Median Figure of 544 Publicly-Listed Companies 16.19x

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

** Primary Listing of TZ.

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

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

= 0.19 ÷ -0.05

-3.83x

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

  • TZ is loss making, we can't compare its value to the AU Electronic industry average.
  • TZ is loss making, we can't compare the value of its earnings to the Australia market.
Price based on expected Growth
Does TZ's expected growth come at a high price?
Raw Data
ASX:TZL PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -3.83x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
Global Electronic Industry PEG Ratio Median Figure of 160 Publicly-Listed Electronic Companies 1.48x
Australia Market PEG Ratio Median Figure of 359 Publicly-Listed Companies 1.38x

*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 TZ, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on TZ's assets?
Raw Data
ASX:TZL PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in AUD A$-0.04
ASX:TZL Share Price * ASX (2019-04-24) in AUD A$0.19
Australia Electronic Industry PB Ratio Median Figure of 25 Publicly-Listed Electronic Companies 1.79x
Australia Market PB Ratio Median Figure of 1,676 Publicly-Listed Companies 1.68x
ASX:TZL PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

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

= 0.19 ÷ -0.04

-4.85x

* Primary Listing of TZ.

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

  • TZ has negative assets, we can't compare the value of its assets to the AU Electronic industry average.

Next steps:

  1. Take a look at our analysis of TZL’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
  2. When valuing a company like this, investors focus more on how they perceive the size of the opportunity, the company's ability to deliver and scale, and the strength of the team. While we are not analysing this type of data at the moment, if you don’t know where to start, we recommend reading through TZ's regulatory filings and announcements.
  3. Show me more potentially undervalued companies in the Electronic industry
  4. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Value checks
We assess TZ'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 Electronic 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 Electronic industry average (and greater than 0)? (1 check)
  5. TZ has a total score of 0/6, 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 TZ 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 TZ 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
27%
Expected Electronic industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is TZ expected to grow at an attractive rate?
  • Unable to compare TZ's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare TZ's earnings growth to the Australia market average as no estimate data is available.
  • Unable to compare TZ's revenue growth to the Australia market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
ASX:TZL Future Growth Rates Data Sources
Data Point Source Value (per year)
Australia Electronic Industry Earnings Growth Rate Market Cap Weighted Average 27%
Australia Electronic Industry Revenue Growth Rate Market Cap Weighted Average 14.5%
Australia Market Earnings Growth Rate Market Cap Weighted Average 6.7%
Australia Market Revenue Growth Rate Market Cap Weighted Average 3%

*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:TZL Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 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:TZL Future Estimates Data
Date (Data in AUD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
ASX:TZL Past Financials Data
Date (Data in AUD Millions) Revenue Cash Flow Net Income *
2018-12-31 17 -3 -3
2018-09-30 17 -4 -8
2018-06-30 17 -4 -12
2018-03-31 16 -4 -13
2017-12-31 14 -4 -14
2017-09-30 18 -6 -10
2017-06-30 22 -8 -6
2017-03-31 23 -6 -7
2016-12-31 24 -4 -7
2016-09-30 23 -3 -7
2016-06-30 21 -1 -7
2016-03-31 19 -3 -7

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if TZ is high growth as no earnings estimate data is available.
  • Unable to determine if TZ 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:TZL Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from TZ Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

ASX:TZL Future Estimates Data
Date (Data in AUD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
ASX:TZL Past Financials Data
Date (Data in AUD Millions) EPS *
2018-12-31 -0.05
2018-09-30 -0.11
2018-06-30 -0.18
2018-03-31 -0.22
2017-12-31 -0.27
2017-09-30 -0.20
2017-06-30 -0.13
2017-03-31 -0.14
2016-12-31 -0.15
2016-09-30 -0.15
2016-06-30 -0.15
2016-03-31 -0.14

*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 TZ will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Take a look at our analysis of TZL’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
  2. TZ'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 Tech companies here
  3. TZ'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 TZ'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.
TZ 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 TZ 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 TZ's growth in the last year to its industry (Electronic).
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.
  • TZ does not make a profit even though their year on year earnings growth rate was positive over the past 5 years.
  • Unable to compare TZ's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare TZ's 1-year growth to the Global Electronic industry average as it is not currently profitable.
Earnings and Revenue History
TZ'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 TZ Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

ASX:TZL Past Revenue, Cash Flow and Net Income Data
Date (Data in AUD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-12-31 17.49 -3.41 10.15
2018-09-30 17.45 -7.55 10.14
2018-06-30 17.40 -11.69 10.14
2018-03-31 15.61 -13.07 10.51
2017-12-31 13.83 -14.46 10.88
2017-09-30 17.80 -10.47 11.19
2017-06-30 21.77 -6.48 11.51
2017-03-31 22.99 -6.90 11.34
2016-12-31 24.20 -7.33 11.18
2016-09-30 22.51 -7.18 11.01
2016-06-30 20.83 -7.03 10.84
2016-03-31 19.50 -6.50 10.36 -0.14
2015-12-31 18.17 -5.97 9.88 -0.27
2015-09-30 16.68 -6.20 9.80 -0.14
2015-06-30 15.20 -6.44 9.72
2015-03-31 13.99 -8.44 9.96 0.13
2014-12-31 12.78 -10.44 10.20 0.26
2014-09-30 10.63 -11.12 9.34 0.13
2014-06-30 8.48 -11.80 8.48
2013-12-31 4.79 -9.70 7.02 -0.32
2013-09-30 3.77 -13.11 6.94 0.03
2013-06-30 2.75 -16.52 6.85 0.38
2012-12-31 -5.46 -10.42 2.16 0.79
2012-09-30 -1.34 -10.69 5.14 0.79
2012-06-30 2.78 -10.97 8.12 0.79

*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 TZ has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) due to its liabilities exceeding its assets.
  • It is difficult to establish if TZ has efficiently used its assets last year compared to the AU Electronic industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if TZ 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 TZ'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 Electronic 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.
TZ 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 TZ'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 TZ's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • TZ is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • TZ's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of TZ'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.
  • High level of physical assets or inventory.
  • TZ has negative shareholder equity (liabilities exceed assets) therefore debt is not covered by short term assets.
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 TZ Company Filings, last reported 3 months ago.

ASX:TZL Past Debt and Equity Data
Date (Data in AUD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 -2.69 5.50 0.44
2018-09-30 -2.69 5.50 0.44
2018-06-30 0.98 4.00 1.00
2018-03-31 0.98 4.00 1.00
2017-12-31 1.06 3.00 2.43
2017-09-30 1.06 3.00 2.43
2017-06-30 7.33 4.00 0.67
2017-03-31 7.33 4.00 0.67
2016-12-31 11.04 2.00 2.11
2016-09-30 11.04 2.00 2.11
2016-06-30 13.90 0.00 6.10
2016-03-31 13.90 0.00 6.10
2015-12-31 13.27 0.00 2.25
2015-09-30 13.27 0.00 2.25
2015-06-30 16.83 0.00 5.69
2015-03-31 16.83 0.00 5.69
2014-12-31 11.25 0.00 1.31
2014-09-30 11.25 0.00 1.31
2014-06-30 12.45 0.00 2.65
2013-12-31 -11.32 17.86 2.51
2013-09-30 -11.32 17.86 2.51
2013-06-30 -9.57 17.24 4.15
2012-12-31 -1.62 17.55 2.21
2012-09-30 -1.62 17.55 2.21
2012-06-30 6.40 14.10 0.90
  • TZ has negative shareholder equity (liabilities exceed assets), this is a more serious situation compared with a high debt level.
  • Irrelevant to check if TZ's debt level has increased considering it has negative shareholder equity.
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.

  • TZ has less than a year of cash runway based on current free cash flow.
  • TZ has less than a year of cash runway if free cash flow continues to reduce at historical rates of -1.6% each year.
X
Financial health checks
We assess TZ'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. TZ has a total score of 2/6, 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 TZ'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 TZ dividends.
If you bought A$2,000 of TZ 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 TZ's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate TZ'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:TZL 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
Global Electronic Industry Average Dividend Yield Market Cap Weighted Average of 207 Stocks 1.8%
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 5.7%

Industry and Market average data is calculated daily.

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

ASX:TZL Future Dividends Estimate Data
Date (Data in A$) Dividend per Share (annual) Avg. No. Analysts

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

  • Unable to perform a dividend volatility check as TZ has not reported any payouts.
  • Unable to verify if TZ's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of TZ's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as TZ 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 TZ'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 TZ afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. TZ 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 TZ'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
John Wilson
COMPENSATION A$513,446
TENURE AS CEO 1.6 years
CEO Bio

Mr. John Wilson serves as Chief Executive Officer and Managing Director of TZ Limited since September 27, 2017. Mr. Wilson served as Chief Executive Officer and President of Telezygology, Inc., a subsidiary of TZ Ltd. Mr. Wilson is also engaged by the Queensland Government to support their business transformation program as a Business Expert and Chief Executive Officer Mentor. He served as an Interim Chief Executive Officer of TZI of TZ Ltd. since May 2010. He has extensive senior executive experience in strategic business development and managing new product creation and technology commercialization. Mr. Wilson served as Chief Executive Officer and Group Marketing Officer of TZ Ltd. Mr. Wilson co-founded Telezygology Inc., subsidiary of TZ Ltd., and served as its Chief Operating Officer. He served as Chief Operating Officer of TZ Ltd. until July 15, 2004. He served as Executive Director of TZ Ltd. until July 15, 2004. He co-founded and built an IP and technology company In the early 2000s, that today is recognised as a leader in its field. He served as a senior executive of a major multi-national corporation, John held several management and leadership roles across marketing, strategy development, technology management and business unit general management with direct P&L responsibility. He led regional business development and new systems innovation for James Hardie Building Products. During his employment with James Hardie, he gained experience in the field of strategic business development and product commercialization, managing product and systems development and commercialization for James Hardie's international business. Mr. Wilson has a Civil/Structural Engineering background having worked in both the public and private consulting sectors at the start of his career. He has been Director of TZ Limited since September 4, 2017. He serves as Non Executive Director at Snapsil Corporation. He was awarded Sydney's Young Engineer of the Year Award in 1987. Mr. Wilson has received skill development in the areas of Value Based Management and Innovation Management with training from graduate programs in Australia and in Europe. He holds Bachelor of Engineering from University of Technology and post graduate in International Marketing at Australian Graduate School of Management.

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

Average tenure of the TZ management team in years:

2
Average Tenure
  • The tenure for the TZ management team is about average.
Management Team

John Wilson

TITLE
MD, CEO & Director
COMPENSATION
A$513K
TENURE
1.6 yrs

Craig Sowden

TITLE
CFO & Company Secretary
COMPENSATION
A$252K
TENURE
2.5 yrs

Adam Forsyth

TITLE
Chief Technology Officer
COMPENSATION
A$164K
TENURE
1.6 yrs

Anthony White

TITLE
Head of Packaged Asset Delivery
TENURE
8.9 yrs
Board of Directors Tenure

Average tenure of the TZ board of directors in years:

0.9
Average Tenure
  • The average tenure for the TZ board of directors is less than 3 years, this suggests a new board.
Board of Directors

Graham Lenzner

TITLE
Non-Executive Chairman
COMPENSATION
A$61K
TENURE
0.5 yrs

John Wilson

TITLE
MD, CEO & Director
COMPENSATION
A$513K
TENURE
1.6 yrs

Mario Vecchio

TITLE
Independent Non Executive Director
COMPENSATION
A$13K
AGE
57
TENURE
0.9 yrs

Thierry Denis

TITLE
Independent Non Executive Director
COMPENSATION
A$13K
AGE
51
TENURE
0.9 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (A$) Value (A$)
06. Feb 19 Buy SG Hiscock & Company Ltd. Company 01. Feb 19 01. Feb 19 130,167 A$0.24 A$31,813
12. Dec 18 Buy SG Hiscock & Company Ltd. Company 22. Oct 18 11. Dec 18 477,964 A$0.19 A$90,813
17. Aug 18 Buy Delcor Advisory Investment Group Pty Ltd Company 17. Aug 18 17. Aug 18 14,041,074 A$0.17 A$2,457,175
16. Aug 18 Sell QVT Financial LP Company 15. Aug 18 15. Aug 18 -30,733,882 A$0.17 A$-5,375,198
28. Jun 18 Buy Mario Vecchio Individual 25. Jun 18 26. Jun 18 55,000 A$0.21 A$11,407
28. May 18 Buy Thierry Denis Individual 25. May 18 25. May 18 158,060 A$0.26 A$41,096
25. May 18 Buy Thierry Denis Individual 18. May 18 18. May 18 1,024 A$0.21 A$215
21. May 18 Buy Thierry Denis Individual 15. May 18 17. May 18 40,916 A$0.21 A$8,592
06. May 18 Buy Graham Lenzner Individual 03. May 18 04. May 18 100,000 A$0.19 A$19,247
03. May 18 Buy Graham Lenzner Individual 30. Apr 18 02. May 18 100,000 A$0.20 A$20,080
X
Management checks
We assess TZ'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. TZ 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

Is TZ Limited (ASX:TZL) A Financially Sound Company?

While small-cap stocks, such as TZ Limited (ASX:TZL) with its market cap of AU$11.99m, are popular for their explosive growth, investors should also be aware of their balance sheet to judge whether the company can survive a downturn.

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Who Are The Largest Shareholders In TZ Limited (ASX:TZL)?

This size of ownership gives retail investors collective power in deciding on major policy decisions such as executive compensation, appointment of directors and acquisitions of businesses. … This level of ownership gives retail investors the power to sway key policy decisions such as board composition, executive compensation, and potential acquisitions. … Private Company Ownership Potential investors in TZL should also look at another important group of investors: private companies, with a stake of 3.47%, who are primarily invested because of strategic and capital gain interests.

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What You Must Know About TZ Limited's (ASX:TZL) Financial Strength

How does TZL’s operating cash flow stack up against its debt? … Moving onto cash from operations, its operating cash flow is not yet significant enough to calculate a meaningful cash-to-debt ratio, indicating that operational efficiency is something we’d need to take a look at. … Running high debt, while not yet making money, can be risky in unexpected downturns as liquidity may dry up, making it hard to operate.Next Steps: TZL’s debt and cash flow levels indicate room for improvement.

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Are Earnings Prospects Improving For Loss-Making TZ Limited's (ASX:TZL)?

Today I will take you through a basic sense check to gain perspective on how TZ is doing by evaluating its latest earnings with its longer term trend as well as its industry peers' performance over the same period. … Check out our latest analysis for TZ How TZL fared against its long-term earnings performance and its industry I like to use data from the most recent 12 months, which either annualizes the most recent 6-month earnings update, or in some cases, the most recent annual report is already the latest available financial data. … For TZ, its most recent earnings (trailing twelve month) is -A$6.5M, which, in comparison to the previous year's level, has become less negative.

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Should You Sell TZ Limited (ASX:TZL) For This Reason?

Looking at TZL’s latest financial data, I will gauge when the company may run out of cash and need to raise more money. … Not surprisingly, if TZL continues to ramp up expenditure at this rate for the upcoming year, it’ll likely need to come to market within the next few months, given the its current level of cash reserves. … The cash burn analysis result indicates a cash constraint for TZL, due to its high opex growth and its level of cash reserves.

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Company Info

Description

TZ Limited, together with its subsidiaries, develops intelligent devices and smart device systems that enable the commercialization of hardware and software solutions for the management, control, and monitoring of business assets. It also offers packaged asset delivery system that provides storage and enclosure systems to secure, streamline, and audit the complete chain of custody of parcels and express deliveries; infrastructure protection system, which offers cabinet level locking solution that delivers physical security, environmental monitoring, authorized access control, and real-time compliance reporting for the data center market; and SMArt Device aircraft latching and fastening systems that enable remote control and monitoring of critical assets to meet the aerospace industry's needs for security, systems integration, and audit and compliance management. In addition, the company’s infrastructure protection offers a cabinet level locking solution, which delivers physical security, environmental monitoring, authorized access control, as well as provides real-time compliance reporting for the data center market; and package asset delivery (PAD) solutions feature state-of-the-art system of modular lockers that integrate a network under TZ SMArt locking devices and proprietary system software for use in the postal/logistics sector, as well as for accountable mail and corporate day lockers in the commercial market. Further, it provides associated value added services. The company operates in Australia, the United States, the United Kingdom, Singapore, Malaysia, Italy, and South Africa. TZ Limited is based in Sydney, Australia.

Details
Name: TZ Limited
TZL
Exchange: ASX
Founded:
A$13,053,259
70,558,162
Website: http://www.tz.net
Address: TZ Limited
1 Chifley Square,
Level 11,
Sydney,
New South Wales, 2000,
Australia
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
ASX TZL Ordinary Shares Australian Securities Exchange AU AUD 02. Jan 1992
Number of employees
Current staff
Staff numbers
0
TZ employees.
Industry
Electronic Equipment and Instruments
Tech
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/04/24 10:32
End of day share price update: 2019/04/24 00:00
Last estimates confirmation: 2017/08/31
Last earnings filing: 2019/02/26
Last earnings reported: 2018/12/31
Last annual earnings reported: 2018/06/30


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.