Taurus Armas S.A., together with its subsidiaries, manufactures and sells small firearms.
+ 1 more risk
Slightly overvalued with questionable track record.
Share Price & News
How has Taurus Armas's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: TASA4's share price has been volatile over the past 3 months.
7 Day Return
BR Aerospace & Defense
1 Year Return
BR Aerospace & Defense
Return vs Industry: TASA4 exceeded the BR Aerospace & Defense industry which returned -24.8% over the past year.
Return vs Market: TASA4 exceeded the BR Market which returned -22.5% over the past year.
Price Volatility Vs. Market
How volatile is Taurus Armas's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Is Taurus Armas undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: TASA4 (R$4) is trading below our estimate of fair value (R$5.12)
Significantly Below Fair Value: TASA4 is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: TASA4 is poor value based on its PE Ratio (59.5x) compared to the Aerospace & Defense industry average (15.4x).
PE vs Market: TASA4 is poor value based on its PE Ratio (59.5x) compared to the BR market (11.5x).
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 has negative assets, so we can't compare its PB Ratio to the XX Aerospace & Defense industry average.
How is Taurus Armas forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
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 (7%).
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 (16% per year) is forecast to grow faster than the BR market (8.4% per year).
High Growth Revenue: TASA4's revenue (16% 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
How has Taurus Armas performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: TASA4 has a large one-off loss of R$37.1M impacting its September 30 2019 financial results.
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 19.5% 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 (10.5%).
Return on Equity
High ROE: TASA4's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.
How is Taurus Armas's financial position?
Financial Position Analysis
Short Term Liabilities: TASA4 has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: TASA4 has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: TASA4 has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: TASA4's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Inventory Level: TASA4 has a high level of physical assets or inventory.
Debt Coverage by Assets: TASA4 has negative shareholder equity (liabilities exceed assets) therefore debt is not covered by short term assets.
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.
Stable Cash Runway: TASA4 is profitable, therefore cash runway is not a concern.
Forecast Cash Runway: TASA4 is profitable, therefore cash runway is not a concern.
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 payouts.
High Dividend: Unable to evaluate TASA4's dividend yield against the top 25% of dividend payers, as the company has not reported any 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.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Marco Aurélio Salvany serves as the Chief Executive Officer and Director at Forjas Taurus S.A.
|CEO & Director||no data||no data||no data|
|CFO, Administrative & Financial Director||no data||no data||no data|
|Vice-President of Sales & Marketing and Director||no data||no data||no data|
|Independent Director||5.83yrs||no data||no data|
|Independent Director||no data||no data||no data|
|Director||5.83yrs||no data||no data|
|Chairman||5.83yrs||no data||no data|
|President of Fiscal Council||no data||no data||no data|
|Vice Chairman||5.25yrs||no data||no data|
|Independent Director||5.25yrs||no data||no data|
Experienced Board: TASA4's board of directors are considered experienced (5.8 years average tenure).
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.
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 37.4%.
Taurus Armas S.A.'s company bio, employee growth, exchange listings and data sources
- Name: Taurus Armas S.A.
- Ticker: TASA4
- Exchange: BOVESPA
- Founded: 1939
- Industry: Aerospace and Defense
- Sector: Capital Goods
- Market Cap: R$332.957m
- Shares outstanding: 88.46m
- Website: https://www.taurus.com.br
Number of Employees
- Taurus Armas S.A.
- Avenida São Borja, n° 2181
- Prédio A
- São Leopoldo
- Rio Grande do Sul
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|TASA4||BOVESPA (Bolsa de Valores de Sao Paulo)||Yes||Preferred Shares||BR||BRL||Mar 1993|
|TASA3||BOVESPA (Bolsa de Valores de Sao Paulo)||Ordinary Shares||BR||BRL||Jun 1994|
|TASA4||BOVESPA (Bolsa de Valores de Sao Paulo)||PRF NPV||BR||BRL||Nov 2019|
Taurus Armas S.A., together with its subsidiaries, manufactures and sells small firearms. The company operates through Firearms and Accessories; and Metal Injection Molding segments. It offers a range of weapons and accessories, including holsters, vests, revolvers, pistols, machine guns, rifles, carbines, and shotguns. The company also provides goggles for bikers; motorcycle cases; and high density polyethylene plastic containers for storage of solid, industrial, and hospital waste. In addition, it offers forged parts for the use in automotive, electronics, oil, gas, and aerospace industries. The company offers its products under the TAURUS, ROSSI, and HERITAGE brand names. It serves state, federal, civil, and military police in Brazil, as well as Brazilian armed forces; and civil markets and government agencies. The company also exports its products to 70 countries. The company was founded in 1939 and is headquartered in São Leopoldo, Brazil. Taurus Armas S.A. is a subsidiary of CBC Participações S.A.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/04/03 18:03|
|End of Day Share Price||2020/04/02 00:00|
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.