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TST

TouchstarAIM:TST Stock Report

Market Cap

UK£6.8m

7D

-5.9%

1Y

58.4%

Updated

27 Nov, 2021

Data

Company Financials +
TST fundamental analysis
Snowflake Score
Valuation1/6
Future Growth4/6
Past Performance1/6
Financial Health6/6
Dividends0/6

TST Stock Overview

Touchstar plc, together with its subsidiaries, designs and builds rugged mobile computing devices under the Touchstar brand in the United Kingdom, Europe, and internationally.

Price History & Performance

Summary of all time highs, changes and price drops for Touchstar
Historical stock prices
Current Share PriceUK£0.80
52 Week HighUK£0.96
52 Week LowUK£0.43
Beta1.65
1 Month Change-3.03%
3 Month Change0%
1 Year Change58.42%
3 Year Change107.79%
5 Year Change0%
Change since IPO-74.03%

Recent News & Updates

Oct 14
These 4 Measures Indicate That Touchstar (LON:TST) Is Using Debt Reasonably Well

These 4 Measures Indicate That Touchstar (LON:TST) Is Using Debt Reasonably Well

David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...

May 12
Touchstar (LON:TST) Has A Pretty Healthy Balance Sheet

Touchstar (LON:TST) Has A Pretty Healthy Balance Sheet

Warren Buffett famously said, 'Volatility is far from synonymous with risk.' So it might be obvious that you need to...

Shareholder Returns

TSTGB CommunicationsGB Market
7D-5.9%-5.9%-3.0%
1Y58.4%3.1%11.7%

Return vs Industry: TST exceeded the UK Communications industry which returned 3.1% over the past year.

Return vs Market: TST exceeded the UK Market which returned 11.7% over the past year.

Price Volatility

Is TST's price volatile compared to industry and market?
TST volatility
TST Average Weekly Movement6.5%
Communications Industry Average Movement5.1%
Market Average Movement4.8%
10% most volatile stocks in GB Market9.7%
10% least volatile stocks in GB Market2.5%

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

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

About the Company

FoundedEmployeesCEOWebsite
190449Mark Hardyhttps://www.touchstarplc.com

Touchstar plc, together with its subsidiaries, designs and builds rugged mobile computing devices under the Touchstar brand in the United Kingdom, Europe, and internationally. It also supplies, installs, and maintains software applications and hardware solutions for mobile applications in the transport, logistics, and access control industries. In addition, the company offers supply chain data capture solutions; mobile computing hardware products; barcode/RFID/voice recognition technologies; and WMS/POD/TMS software products for the warehouse and logistics markets.

Touchstar Fundamentals Summary

How do Touchstar's earnings and revenue compare to its market cap?
TST fundamental statistics
Market CapUK£6.78m
Earnings (TTM)UK£49.00k
Revenue (TTM)UK£5.60m

138.4x

P/E Ratio

1.2x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
TST income statement (TTM)
RevenueUK£5.60m
Cost of RevenueUK£2.50m
Gross ProfitUK£3.10m
ExpensesUK£3.06m
EarningsUK£49.00k

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)0.0058
Gross Margin55.40%
Net Profit Margin0.87%
Debt/Equity Ratio56.5%

How did TST perform over the long term?

See historical performance and comparison

Valuation

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

138.41x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate TST's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate TST's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: TST is poor value based on its PE Ratio (138.4x) compared to the UK Communications industry average (26.3x).

PE vs Market: TST is poor value based on its PE Ratio (138.4x) compared to the UK market (19.1x).


Price to Earnings Growth Ratio

PEG Ratio: TST is poor value based on its PEG Ratio (1.4x)


Price to Book Ratio

PB vs Industry: TST is good value based on its PB Ratio (3.2x) compared to the GB Communications industry average (3.5x).


Future Growth

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

101.0%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: TST's forecast earnings growth (101% per year) is above the savings rate (0.9%).

Earnings vs Market: TST's earnings (101% per year) are forecast to grow faster than the UK market (12.7% per year).

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

Revenue vs Market: TST's revenue (12.4% per year) is forecast to grow faster than the UK market (4.9% per year).

High Growth Revenue: TST's revenue (12.4% 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 TST's Return on Equity is forecast to be high in 3 years time


Past Performance

How has Touchstar performed over the past 5 years?

46.6%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: TST has a large one-off loss of £136.0K impacting its June 30 2021 financial results.

Growing Profit Margin: TST's current net profit margins (0.9%) are lower than last year (2.6%).


Past Earnings Growth Analysis

Earnings Trend: TST has become profitable over the past 5 years, growing earnings by 46.6% per year.

Accelerating Growth: TST's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: TST had negative earnings growth (-69.8%) over the past year, making it difficult to compare to the Communications industry average (25.1%).


Return on Equity

High ROE: TST's Return on Equity (2.3%) is considered low.


Financial Health

How is Touchstar's financial position?


Financial Position Analysis

Short Term Liabilities: TST's short term assets (£4.6M) exceed its short term liabilities (£3.5M).

Long Term Liabilities: TST's short term assets (£4.6M) exceed its long term liabilities (£840.0K).


Debt to Equity History and Analysis

Debt Level: TST has more cash than its total debt.

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

Debt Coverage: TST's debt is well covered by operating cash flow (57.6%).

Interest Coverage: TST's interest payments on its debt are well covered by EBIT (6.4x coverage).


Balance Sheet


Dividend

What is Touchstar current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

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

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


Current Payout to Shareholders

Dividend Coverage: TST is not paying a notable dividend for the UK market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of TST'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?

6.4yrs

Average board tenure


CEO

Mark Hardy

no data

Tenure

UK£186,000

Compensation

Mr. Mark William Hardy serves as the Chief Executive Officer of Touchstar plc (formerly known as Belgravium Technologies PLC) and has been its Executive Director since October 21, 2005. Mr. Hardy served as...


CEO Compensation Analysis

Compensation vs Market: Mark's total compensation ($USD247.70K) is about average for companies of similar size in the UK market ($USD324.88K).

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


Board Members

Experienced Board: TST's board of directors are considered experienced (6.4 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

Touchstar plc's employee growth, exchange listings and data sources


Key Information

  • Name: Touchstar plc
  • Ticker: TST
  • Exchange: AIM
  • Founded: 1904
  • Industry: Communications Equipment
  • Sector: Tech
  • Market Cap: UK£6.780m
  • Shares outstanding: 8.48m
  • Website: https://www.touchstarplc.com

Number of Employees


Location

  • Touchstar plc
  • 7 Commerce Way
  • Trafford Park
  • Manchester
  • Greater Manchester
  • M17 1HW
  • United Kingdom

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/11/27 19:08
End of Day Share Price2021/11/26 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.