TASA

Taurus ArmasBOVESPA:TASA4 Stock Report

Market Cap

R$2.6b

7D

11.9%

1Y

160.0%

Updated

16 Sep, 2021

Data

Company Financials +
TASA4 fundamental analysis
Snowflake Score
Valuation3/6
Future Growth0/6
Past Performance2/6
Financial Health5/6
Dividends0/6

TASA4 Overview

Taurus Armas S.A., together with its subsidiaries, produces and trades small firearms.

Taurus Armas Competitors

Sturm Ruger

NYSE:RGR

US$1.3b

Smith & Wesson Brands

NasdaqGS:SWBI

US$1.0b

Price History & Performance

Summary of all time highs, changes and price drops for Taurus Armas
Historical stock prices
Current Share PriceR$23.45
52 Week HighR$6.97
52 Week LowR$29.75
Beta1.04
1 Month Change1.60%
3 Month Change2.09%
1 Year Change159.98%
3 Year Change342.45%
5 Year Change1,147.34%
Change since IPO156,640.86%

Recent News & Updates

Shareholder Returns

TASA4BR Aerospace & DefenseBR Market
7D11.9%-1.5%-0.4%
1Y160.0%22.6%10.9%

Return vs Industry: TASA4 exceeded the BR Aerospace & Defense industry which returned 23.1% over the past year.

Return vs Market: TASA4 exceeded the BR Market which returned 11.5% over the past year.

Price Volatility

Is TASA4's price volatile compared to industry and market?
TASA4 volatility
TASA4 Beta1.04
Industry Beta1.13
Market Beta1

Stable Share Price: TASA4 is not significantly more volatile than the rest of BR stocks over the past 3 months, typically moving +/- 6% a week.

Volatility Over Time: TASA4's weekly volatility (6%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1939n/an/ahttps://www.taurus.com.br

Taurus Armas S.A., together with its subsidiaries, produces and trades small firearms. The company operates through Firearms and Accessories; and Metal Injection Molding segments. It offers pistols, revolvers, and long weapons, and rifles.

Taurus Armas Fundamentals Summary

How do Taurus Armas's earnings and revenue compare to its market cap?
TASA4 fundamental statistics
Market CapR$2.61b
Earnings (TTM)R$632.93m
Revenue (TTM)R$2.22b

4.1x

P/E Ratio

1.2x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
TASA4 income statement (TTM)
RevenueR$2.22b
Cost of RevenueR$1.21b
Gross ProfitR$1.01b
ExpensesR$378.72m
EarningsR$632.93m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)6.77
Gross Margin45.55%
Net Profit Margin28.50%
Debt/Equity Ratio189.8%

How did TASA4 perform over the long term?

See historical performance and comparison

Valuation

Is Taurus Armas undervalued compared to its fair value and its price relative to the market?

15.3%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: TASA4 (R$23.45) is trading below our estimate of fair value (R$27.68)

Significantly Below Fair Value: TASA4 is trading below fair value, but not by a significant amount.


Price To Earnings Ratio

PE vs Industry: TASA4 is good value based on its PE Ratio (4.1x) compared to the Global Aerospace & Defense industry average (31.6x).

PE vs Market: TASA4 is good value based on its PE Ratio (4.1x) compared to the BR market (12.5x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate TASA4's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: TASA4 is overvalued based on its PB Ratio (7.1x) compared to the XX Aerospace & Defense industry average (2.9x).


Future Growth

How is Taurus Armas forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?

6.2%

Forecasted annual revenue growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: Insufficient data to determine if TASA4's forecast earnings growth is above the savings rate (9.3%).

Earnings vs Market: Insufficient data to determine if TASA4's earnings are forecast to grow faster than the BR market

High Growth Earnings: Insufficient data to determine if earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: TASA4's revenue (6.2% per year) is forecast to grow slower than the BR market (7.4% per year).

High Growth Revenue: TASA4's revenue (6.2% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: Insufficient data to determine if TASA4's Return on Equity is forecast to be high in 3 years time


Past Performance

How has Taurus Armas performed over the past 5 years?

57.1%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: TASA4 has a high level of non-cash earnings.

Growing Profit Margin: TASA4 became profitable in the past.


Past Earnings Growth Analysis

Earnings Trend: TASA4 has become profitable over the past 5 years, growing earnings by 57.1% per year.

Accelerating Growth: TASA4 has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: TASA4 has become profitable in the last year, making it difficult to compare its past year earnings growth to the Aerospace & Defense industry (16.7%).


Return on Equity

High ROE: Whilst TASA4's Return on Equity (175.06%) is outstanding, this metric is skewed due to their high level of debt.


Financial Health

How is Taurus Armas's financial position?


Financial Position Analysis

Short Term Liabilities: TASA4's short term assets (R$1.1B) exceed its short term liabilities (R$581.2M).

Long Term Liabilities: TASA4's short term assets (R$1.1B) exceed its long term liabilities (R$701.2M).


Debt to Equity History and Analysis

Debt Level: TASA4's debt to equity ratio (189.8%) is considered high.

Reducing Debt: TASA4 had negative shareholder equity 5 years ago, but is now positive and has therefore improved.

Debt Coverage: TASA4's debt is well covered by operating cash flow (49.5%).

Interest Coverage: TASA4's interest payments on its debt are well covered by EBIT (13x coverage).


Balance Sheet


Dividend

What is Taurus Armas's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate TASA4's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate TASA4'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 TASA4's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if TASA4's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: TASA4 is not paying a notable dividend for the BR market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of TASA4's dividend in 3 years as they are not forecast to pay a notable one for the BR market.


Next Steps

Management

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


CEO

Taurus Armas has no CEO, or we have no data on them.


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 been diluted in the past year, with total shares outstanding growing by 23.9%.


Top Shareholders

Company Information

Taurus Armas S.A.'s employee growth, exchange listings and data sources


Key Information

  • Name: Taurus Armas S.A.
  • Ticker: TASA4
  • Exchange: BOVESPA
  • Founded: 1939
  • Industry: Aerospace and Defense
  • Sector: Capital Goods
  • Market Cap: R$2.611b
  • Shares outstanding: 109.65m
  • Website: https://www.taurus.com.br

Number of Employees


Location

  • Taurus Armas S.A.
  • Avenida SAo Borja, n 2181
  • PrEdio A
  • São Leopoldo
  • Rio Grande do Sul
  • 93035-411
  • Brazil

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/09/16 05:13
End of Day Share Price2021/09/15 00:00
Earnings2021/06/30
Annual Earnings2020/12/31


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.