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TPC

TPC ConsolidatedASX:TPC Stock Report

Market Cap

AU$37.0m

7D

-6.1%

1Y

119.6%

Updated

28 Sep, 2021

Data

Company Financials
TPC fundamental analysis
Snowflake Score
Valuation4/6
Future Growth0/6
Past Performance4/6
Financial Health6/6
Dividends4/6

TPC Overview

TPC Consolidated Limited provides retail electricity and gas services to residential and business customers under the CovaU brand name in Australia.

TPC Consolidated Competitors

Price History & Performance

Summary of all time highs, changes and price drops for TPC Consolidated
Historical stock prices
Current Share PriceAU$3.25
52 Week HighAU$1.06
52 Week LowAU$4.59
Beta0.49
1 Month Change-17.72%
3 Month Change-7.14%
1 Year Change119.60%
3 Year Change209.52%
5 Year Change441.67%
Change since IPO51.16%

Recent News & Updates

Shareholder Returns

TPCAU Integrated UtilitiesAU Market
7D-6.1%-0.7%1.5%
1Y119.6%5.4%24.8%

Return vs Industry: TPC exceeded the Australian Integrated Utilities industry which returned 5.4% over the past year.

Return vs Market: TPC exceeded the Australian Market which returned 24.8% over the past year.

Price Volatility

Is TPC's price volatile compared to industry and market?
TPC volatility
TPC Beta0.49
Industry Beta0.66
Market Beta1

Stable Share Price: TPC is not significantly more volatile than the rest of Australian stocks over the past 3 months, typically moving +/- 10% a week.

Volatility Over Time: TPC's weekly volatility (10%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1996n/aCharles Huanghttps://www.tpc.com.au

TPC Consolidated Limited provides retail electricity and gas services to residential and business customers under the CovaU brand name in Australia. It also provides pre-paid mobile and related services under the Hello Mobile and Gotalk brands. The company was formerly known as Tel.

TPC Consolidated Fundamentals Summary

How do TPC Consolidated's earnings and revenue compare to its market cap?
TPC fundamental statistics
Market CapAU$36.97m
Earnings (TTM)AU$4.69m
Revenue (TTM)AU$93.63m

7.9x

P/E Ratio

0.4x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
TPC income statement (TTM)
RevenueAU$93.63m
Cost of RevenueAU$71.47m
Gross ProfitAU$22.16m
ExpensesAU$17.48m
EarningsAU$4.69m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)0.41
Gross Margin23.67%
Net Profit Margin5.01%
Debt/Equity Ratio0%

How did TPC perform over the long term?

See historical performance and comparison

Dividends

6.2%

Current Dividend Yield

43%

Payout Ratio

Valuation

Is TPC Consolidated undervalued compared to its fair value and its price relative to the market?

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: TPC (A$3.25) is trading below our estimate of fair value (A$158.43)

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


Price To Earnings Ratio

PE vs Industry: TPC is good value based on its PE Ratio (7.9x) compared to the Global Integrated Utilities industry average (19.3x).

PE vs Market: TPC is good value based on its PE Ratio (7.9x) compared to the Australian market (19x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate TPC's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: TPC is overvalued based on its PB Ratio (2.2x) compared to the XX Integrated Utilities industry average (1.8x).


Future Growth

How is TPC Consolidated forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

7.2%

Forecasted Utilities 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 TPC Consolidated 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.


Past Performance

How has TPC Consolidated performed over the past 5 years?

48.0%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: TPC has a large one-off gain of A$889.4K impacting its June 30 2021 financial results.

Growing Profit Margin: TPC's current net profit margins (5%) are higher than last year (3.9%).


Past Earnings Growth Analysis

Earnings Trend: TPC has become profitable over the past 5 years, growing earnings by 48% per year.

Accelerating Growth: TPC's earnings growth over the past year (39.4%) is below its 5-year average (48% per year).

Earnings vs Industry: TPC earnings growth over the past year (39.4%) exceeded the Integrated Utilities industry 13.6%.


Return on Equity

High ROE: TPC's Return on Equity (27.6%) is considered high.


Financial Health

How is TPC Consolidated's financial position?


Financial Position Analysis

Short Term Liabilities: TPC's short term assets (A$28.4M) exceed its short term liabilities (A$14.2M).

Long Term Liabilities: TPC's short term assets (A$28.4M) exceed its long term liabilities (A$598.0K).


Debt to Equity History and Analysis

Debt Level: TPC is debt free.

Reducing Debt: TPC has no debt compared to 5 years ago when its debt to equity ratio was 77.3%.

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

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


Balance Sheet


Dividend

What is TPC Consolidated current dividend yield, its reliability and sustainability?

6.15%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: TPC's dividend (6.15%) is higher than the bottom 25% of dividend payers in the Australian market (2.29%).

High Dividend: TPC's dividend (6.15%) is in the top 25% of dividend payers in the Australian market (5.48%)


Stability and Growth of Payments

Stable Dividend: TPC's dividend payments have been volatile in the past 10 years.

Growing Dividend: TPC's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonably low payout ratio (43.4%), TPC's dividend payments are well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

15.6yrs

Average board tenure


CEO

Charles Huang

no data

Tenure

AU$419,714

Compensation

Mr. Chiao-Heng Huang, as known as Charles, BEng, Founded TPC Consolidated Limited (formerly Tel Pacific Limited) in 1996 and serves as the Chief Executive Officer and Managing Director. Mr. Huang has succe...


CEO Compensation Analysis

Compensation vs Market: Charles's total compensation ($USD305.74K) is about average for companies of similar size in the Australian market ($USD279.06K).

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


Board Members

Experienced Board: TPC's board of directors are seasoned and experienced ( 15.6 years average tenure).


Ownership

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.


Recent Insider Transactions

Ownership Breakdown

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


Top Shareholders

Company Information

TPC Consolidated Limited's employee growth, exchange listings and data sources


Key Information

  • Name: TPC Consolidated Limited
  • Ticker: TPC
  • Exchange: ASX
  • Founded: 1996
  • Industry: Multi-Utilities
  • Sector: Utilities
  • Market Cap: AU$36.971m
  • Shares outstanding: 11.38m
  • Website: https://www.tpc.com.au

Number of Employees


Location

  • TPC Consolidated Limited
  • 201 Kent Street
  • Suite 1103
  • Sydney
  • New South Wales
  • 2000
  • Australia

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/09/28 08:06
End of Day Share Price2021/09/27 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.