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TCSA

TCS Group Holding LSE:TCSA Stock Report

Last Price

US$64.87

Market Cap

US$632.4m

7D

0%

1Y

9.4%

Updated

13 Apr, 2022

Data

Company Financials +
TCSA fundamental analysis
Snowflake Score
Valuation6/6
Future Growth5/6
Past Performance4/6
Financial Health5/6
Dividends0/6

TCSA Stock Overview

TCS Group Holding PLC, through its subsidiaries, engages in the online retail banking, insurance, mobile services, and asset management businesses in Russia.

Price History & Performance

Summary of all time highs, changes and price drops for TCS Group Holding
Historical stock prices
Current Share PriceUS$64.87
52 Week HighUS$109.25
52 Week LowUS$56.61
Beta2.19
1 Month Change0%
3 Month Changen/a
1 Year Change9.38%
3 Year Changen/a
5 Year Changen/a
Change since IPO254.81%

Recent News & Updates

Shareholder Returns

TCSAGB BanksGB Market
7D0%-0.4%-0.04%
1Y9.4%1.5%0.8%

Return vs Industry: TCSA exceeded the UK Banks industry which returned 1.7% over the past year.

Return vs Market: TCSA exceeded the UK Market which returned 1.5% over the past year.

Price Volatility

Is TCSA's price volatile compared to industry and market?
TCSA volatility
TCSA Average Weekly Movementn/a
Banks Industry Average Movement6.6%
Market Average Movement6.2%
10% most volatile stocks in GB Market13.0%
10% least volatile stocks in GB Market3.1%

Stable Share Price: Insufficient data to determine TCSA's volatility over the past 3 months.

Volatility Over Time: Insufficient data to determine TCSA's volatility change over the past year.

About the Company

FoundedEmployeesCEOWebsite
199943,787Oliver Hugheshttps://www.tcsgh.com.cy

TCS Group Holding PLC, through its subsidiaries, engages in the online retail banking, insurance, mobile services, and asset management businesses in Russia. It operates through seven segments: Consumer Finance, Retail Debit Cards, InsurTech, SME Services, Acquiring and Payments, InvestTech, and Mobile Virtual Network Operator Services. The company offers customer current accounts; savings and deposits products; and cash, consumer, car, and secured loans to individual entrepreneurs and small to medium businesses.

TCS Group Holding Fundamentals Summary

How do TCS Group Holding's earnings and revenue compare to its market cap?
TCSA fundamental statistics
Market Cap₽52.15b
Earnings (TTM)₽63.47b
Revenue (TTM)₽168.70b

0.8x

P/E Ratio

0.3x

P/B Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
TCSA income statement (TTM)
Revenue₽168.70b
Cost of Revenue₽0
Gross Profit₽168.70b
Other Expenses₽105.22b
Earnings₽63.47b

Last Reported Earnings

Dec 31, 2021

Next Earnings Date

n/a

Earnings per share (EPS)320.45
Gross Margin100.00%
Net Profit Margin37.62%
Debt/Equity Ratio51.5%

How did TCSA perform over the long term?

See historical performance and comparison

Valuation

Is TCS Group Holding 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: TCSA ($64.87) is trading below our estimate of fair value ($1843.03)

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


Price To Earnings Ratio

PE vs Industry: TCSA is good value based on its PE Ratio (0.8x) compared to the UK Banks industry average (5.7x).

PE vs Market: TCSA is good value based on its PE Ratio (0.8x) compared to the UK market (16.7x).


Price to Earnings Growth Ratio

PEG Ratio: TCSA is good value based on its PEG Ratio (0x)


Price to Book Ratio

PB vs Industry: TCSA is good value based on its PB Ratio (0.3x) compared to the GB Banks industry average (0.6x).


Future Growth

How is TCS Group Holding forecast to perform in the next 1 to 3 years based on estimates from 6 analysts?

26.4%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: TCSA's forecast earnings growth (26.4% per year) is above the savings rate (0.9%).

Earnings vs Market: TCSA's earnings (26.4% per year) are forecast to grow faster than the UK market (12% per year).

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

Revenue vs Market: TCSA's revenue (19.8% per year) is forecast to grow faster than the UK market (4.8% per year).

High Growth Revenue: TCSA's revenue (19.8% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: TCSA's Return on Equity is forecast to be high in 3 years time (32.5%)


Past Performance

How has TCS Group Holding performed over the past 5 years?

29.9%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: TCSA has high quality earnings.

Growing Profit Margin: TCSA's current net profit margins (37.6%) are lower than last year (42.7%).


Past Earnings Growth Analysis

Earnings Trend: TCSA's earnings have grown significantly by 29.9% per year over the past 5 years.

Accelerating Growth: TCSA's earnings growth over the past year (43.6%) exceeds its 5-year average (29.9% per year).

Earnings vs Industry: TCSA earnings growth over the past year (43.6%) underperformed the Banks industry 174.1%.


Return on Equity

High ROE: TCSA's Return on Equity (36%) is considered high.


Financial Health

How is TCS Group Holding's financial position? (This company is analysed differently as a bank or financial institution)


Financial Position Analysis


Debt to Equity History and Analysis


Balance Sheet


Financial Institutions Analysis

Asset Level: TCSA's Assets to Equity ratio (7.5x) is low.

Allowance for Bad Loans: TCSA has a sufficient allowance for bad loans (132%).

Low Risk Liabilities: 83% of TCSA's liabilities are made up of primarily low risk sources of funding.

Loan Level: TCSA has an appropriate level of Loans to Assets ratio (49%).

Low Risk Deposits: TCSA's Loans to Deposits ratio (68%) is appropriate.

Level of Bad Loans: TCSA has a high level of bad loans (8.1%).


Dividend

What is TCS Group Holding current dividend yield, its reliability and sustainability?

73.04%

Forecast Dividend Yield


Dividend Yield vs Market

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

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

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


Current Payout to Shareholders

Earnings Coverage: TCSA is not paying a notable dividend for the UK market.


Future Payout to Shareholders

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


Next Steps

Management

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

2.1yrs

Average management tenure


CEO

Oliver Hughes (51 yo)

0.33

Tenure

Mr. Oliver Charles Hughes serves as Co-CEO of Tinkoff Group & Executive Director of the Board of Directors of Tinkoff Group at Joint Stock Company Tinkoff Bank since 2021 and served as its CEO of TCS Group...


Leadership Team

Experienced Management: TCSA's management team is considered experienced (2.1 years average tenure).


Board Members

Experienced Board: TCSA's board of directors are not considered experienced ( 0.9 years average tenure), which suggests a new board.


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

TCS Group Holding PLC's employee growth, exchange listings and data sources


Key Information

  • Name: TCS Group Holding PLC
  • Ticker: TCSA
  • Exchange: LSE
  • Founded: 1999
  • Industry: Diversified Banks
  • Sector: Banks
  • Implied Market Cap: US$632.431m
  • Shares outstanding: 198.07m
  • Website: https://www.tcsgh.com.cy

Number of Employees


Location

  • TCS Group Holding PLC
  • Interlink Hermes Plaza
  • Office 301B
  • Limassol
  • 4102
  • Cyprus

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/04/13 00:00
End of Day Share Price2022/01/26 00:00
Earnings2021/12/31
Annual Earnings2021/12/31


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.