Technical Publications Service S.p.A. provides technical and engineering services for the aeronautical industry.
Undervalued with excellent balance sheet.
Share Price & News
How has Technical Publications Service's share price performed over time and what events caused price changes?
Latest Share Price and Events
7 Day Return
IT Aerospace & Defense
1 Year Return
IT Aerospace & Defense
Return vs Industry: TPS underperformed the Italian Aerospace & Defense industry which returned 9.5% over the past year.
Return vs Market: TPS underperformed the Italian Market which returned 8.8% over the past year.
Price Volatility Vs. Market
How volatile is Technical Publications Service's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 weeks ago | Simply Wall StHere's Why Technical Publications Service (BIT:TPS) Can Manage Its Debt Responsibly
1 month ago | Simply Wall StThese Fundamentals Make Technical Publications Service S.p.A. (BIT:TPS) Truly Worth Looking At
1 month ago | Simply Wall StTechnical Publications Service S.p.A. (BIT:TPS): Will The Growth Last?
Is Technical Publications Service undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Undervalued: TPS (€4.18) is trading below our estimate of fair value (€6.27)
Significantly Undervalued: TPS is trading below fair value, but not by a significant amount.
Price To Earnings Ratio
PE vs Industry: TPS is good value based on its PE Ratio (15.6x) compared to the Aerospace & Defense industry average (21.2x).
PE vs Market: TPS is good value based on its PE Ratio (15.6x) compared to the Italian market (17x).
Price to Earnings Growth Ratio
Low PEG Ratio: TPS is good value based on its PEG Ratio (0.6x)
Price to Book Ratio
PB vs Industry: TPS is good value based on its PB Ratio (1.7x) compared to the XE Aerospace & Defense industry average (1.9x).
How is Technical Publications Service forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: TPS's forecast earnings growth (24.6% per year) is above the savings rate (2.9%).
Earnings vs Market: TPS's earnings (24.6% per year) are forecast to grow faster than the Italian market (8.6% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: TPS's revenue (10.9% per year) is forecast to grow faster than the Italian market (3.1% per year).
High Growth Revenue: TPS's revenue (10.9% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
High Future ROE: Insufficient data to determine if TPS's Return on Equity is forecast to be high in 3 years time
How has Technical Publications Service performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Past Earnings Growth Analysis
Earnings Trend: TPS's earnings have grown by 16.8% per year over the past 5 years.
Accelerating Growth: TPS's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: TPS had negative earnings growth (-10%) over the past year, making it difficult to compare to the Aerospace & Defense industry average (16.4%).
Return on Equity
High ROE: TPS's Return on Equity (10.5%) is considered low.
Return on Assets
ROA vs Industry: TPS has a higher Return on Assets than the Aerospace & Defense industry average last year.
Return on Capital Employed
ROCE Improving: TPS's Return on Capital Employed has declined over the past 3 years.
How is Technical Publications Service's financial position?
Financial Position Analysis
Short Term Liabilities: TPS's short term assets (€24.1M) exceeds its short term liabilities (€8.8M)
Long Term Liabilities: TPS's short term assets (24.1M) exceeds its long term liabilities (3.1M)
Debt to Equity History and Analysis
Debt Level: TPS's debt to equity ratio (9.4%) is considered satisfactory
Reducing Debt: Insufficient data to determine if TPS's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: TPS's debt is well covered by operating cash flow (326.1%).
Interest Coverage: TPS earns more interest than it pays, so coverage of interest payments is not a concern.
Inventory Level: TPS has a low level of unsold assets or inventory.
Debt Coverage by Assets: TPS's debt is covered by short term assets (assets are 13.784500x debt).
What is Technical Publications Service's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Current dividend yield vs market & industry
Stability and Growth of Payments
Notable Dividend: TPS's dividend (1.2%) isn’t notable compared to the bottom 25% of dividend payers in the Italian market (2.06%).
High Dividend: TPS's dividend (1.2%) is low compared to the top 25% of dividend payers in the Italian market (4.41%).
Stable Dividend: Too early to tell whether TPS's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if TPS's dividend payments are increasing as they only just started paying a dividend.
Current Payout to Shareholders
Dividend Coverage: With its low payout ratio (18.7%), TPS's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
What is the CEO of Technical Publications Service's salary, the management and board of directors tenure and is there insider trading?
Technical Publications Service has no CEO, or we have no data on them.
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Technical Publications Service S.p.A.'s company bio, employee growth, exchange listings and data sources
- Name: Technical Publications Service S.p.A.
- Ticker: TPS
- Exchange: BIT
- Founded: 1964
- Industry: Aerospace and Defense
- Sector: Capital Goods
- Market Cap: €30.337m
- Shares outstanding: 7.26m
- Website: https://www.tps-group.it
- Technical Publications Service S.p.A.
- via Olanda n. 5
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|TPS||BIT (Borsa Italiana)||Yes||Common Stock||IT||EUR||Mar 2017|
Technical Publications Service S.p.A. provides technical and engineering services for the aeronautical industry. It also provides support and consulting services to the customers in the design of complex, ...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2019/10/15 21:44|
|End of Day Share Price||2019/10/15 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.