Executive Summary
TPC Consolidated Limited provides retail electricity and gas services to residential and business customers under the CovaU brand name in Australia. More Details
Rewards
Risk Analysis
Snowflake Analysis
Flawless balance sheet and undervalued.
Similar Companies
Share Price & News
How has TPC Consolidated's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: TPC is not significantly more volatile than the rest of Australian stocks over the past 3 months, typically moving +/- 8% a week.
Volatility Over Time: Insufficient data to determine TPC's volatility change over the past year.
Market Performance
7 Day Return
18.0%
TPC
-3.6%
AU Integrated Utilities
-1.6%
AU Market
1 Year Return
100.0%
TPC
-11.2%
AU Integrated Utilities
8.6%
AU Market
Return vs Industry: TPC exceeded the Australian Integrated Utilities industry which returned -11.2% over the past year.
Return vs Market: TPC exceeded the Australian Market which returned 8.7% over the past year.
Shareholder returns
| TPC | Industry | Market | |
|---|---|---|---|
| 7 Day | 18.0% | -3.6% | -1.6% |
| 30 Day | 60.9% | -5.2% | 0.5% |
| 90 Day | 58.5% | -7.9% | 2.7% |
| 1 Year | 110.6%100.0% | -7.9%-11.2% | 12.2%8.6% |
| 3 Year | 70.1%61.5% | 20.0%6.2% | 28.3%12.8% |
| 5 Year | 465.3%425.0% | 31.5%6.4% | 61.6%30.2% |
Long-Term Price Volatility Vs. Market
How volatile is TPC Consolidated's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall St
Here's Why I Think TPC Consolidated (ASX:TPC) Is An Interesting Stock1 month ago | Simply Wall St
TPC Consolidated Limited's (ASX:TPC) Stock's On An Uptrend: Are Strong Financials Guiding The Market?2 months ago | Simply Wall St
What Can We Learn About TPC Consolidated's (ASX:TPC) CEO Compensation?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$2.1) is trading below our estimate of fair value (A$159.74)
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 (5x) compared to the XX Integrated Utilities industry average (19.2x).
PE vs Market: TPC is good value based on its PE Ratio (5x) compared to the Australian market (20.7x).
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 good value based on its PB Ratio (1.6x) compared to the XX Integrated Utilities industry average (1.7x).
Next Steps
Future Growth
How is TPC Consolidated forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
17.5%
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.
Next Steps
- Examine whether TPC Consolidated is trading at an attractive price based on how much it is expected to earn in the future, and relative to its industry peers and the wider market.
- TPC Consolidated competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Utilities industry.
Past Performance
How has TPC Consolidated performed over the past 5 years?
60.4%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: TPC has high quality earnings.
Growing Profit Margin: TPC's current net profit margins (5.4%) are higher than last year (5.1%).
Past Earnings Growth Analysis
Earnings Trend: TPC has become profitable over the past 5 years, growing earnings by 60.4% per year.
Accelerating Growth: TPC's earnings growth over the past year (4.6%) is below its 5-year average (60.4% per year).
Earnings vs Industry: TPC earnings growth over the past year (4.6%) exceeded the Integrated Utilities industry 3.1%.
Return on Equity
High ROE: TPC's Return on Equity (31.3%) is considered high.
Next Steps
Financial Health
How is TPC Consolidated's financial position?
Financial Position Analysis
Short Term Liabilities: TPC's short term assets (A$28.6M) exceed its short term liabilities (A$15.5M).
Long Term Liabilities: TPC's short term assets (A$28.6M) exceed its long term liabilities (A$843.0K).
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 2%.
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
Next Steps
Dividend
What is TPC Consolidated current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate TPC's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate TPC'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 TPC's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if TPC's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: TPC is not paying a notable dividend for the Australian market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of TPC'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?
8.6yrs
Average management tenure
CEO
Charles Huang
no data
Tenure
AU$414,704
Compensation
Mr. Chiao-Heng Huang, as known as Charles, BEng, Founded TPC Consolidated Limited (formerly Tel.Pacific Limited) in 1996 and serves as the Chief Executive Officer and Managing Director. Mr. Huang has succe...
CEO Compensation Analysis
Compensation vs Market: Charles's total compensation ($USD319.94K) is about average for companies of similar size in the Australian market ($USD298.64K).
Compensation vs Earnings: Charles's compensation has increased by more than 20% in the past year.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Founder | no data | AU$414.70k | 39.24% A$ 9.4m | |
| CFO, Company Secretary & Executive Director | 16.25yrs | AU$252.82k | 3.72% A$ 888.3k | |
| Head of Information System | 8.58yrs | AU$162.74k | 0.74% A$ 176.0k | |
| Chief Strategy Officer & Executive Director | 5.25yrs | AU$235.81k | 1.85% A$ 441.7k | |
| Sales Director | no data | AU$130.17k | 0.60% A$ 142.6k | |
| Commercial Director | no data | AU$177.37k | 0.26% A$ 63.0k | |
| Sales Director | 8.58yrs | AU$197.02k | 0.54% A$ 128.1k | |
| Chief Technology Officer | 16yrs | AU$78.35k | no data |
8.6yrs
Average Tenure
Experienced Management: TPC's management team is seasoned and experienced (8.6 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Founder | no data | AU$414.70k | 39.24% A$ 9.4m | |
| CFO, Company Secretary & Executive Director | 16.25yrs | AU$252.82k | 3.72% A$ 888.3k | |
| Chief Strategy Officer & Executive Director | 5.25yrs | AU$235.81k | 1.85% A$ 441.7k | |
| Independent Non Executive Chairman | 13.83yrs | AU$75.69k | 0.75% A$ 178.5k |
15.0yrs
Average Tenure
Experienced Board: TPC's board of directors are seasoned and experienced ( 15 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.
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
TPC Consolidated Limited's company bio, 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$23.889m
- 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
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| TPC | ASX (Australian Securities Exchange) | Yes | Ordinary Shares | AU | AUD | Jul 2007 |
Biography
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 un...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/02/27 07:36 |
| End of Day Share Price | 2021/02/26 00:00 |
| Earnings | 2020/12/31 |
| Annual Earnings | 2020/06/30 |
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.