Technical Publications Service S.p.A. provides technical and engineering services for the aeronautical industry in Italy. More Details
Flawless balance sheet and slightly overvalued.
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
Stable Share Price: TPS is not significantly more volatile than the rest of Italian stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: TPS's weekly volatility (4%) has been stable over the past year.
7 Day Return
IT Aerospace & Defense
1 Year Return
IT Aerospace & Defense
Return vs Industry: TPS underperformed the Italian Aerospace & Defense industry which returned 37.8% over the past year.
Return vs Market: TPS exceeded the Italian Market which returned 24% over the past year.
Long-Term 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
1 month ago | Simply Wall StHere's Why Technical Publications Service (BIT:TPS) Can Manage Its Debt Responsibly
2 months ago | Simply Wall StReturns On Capital Signal Tricky Times Ahead For Technical Publications Service (BIT:TPS)
Is Technical Publications Service undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: TPS (€5) is trading above our estimate of fair value (€0.23)
Significantly Below Fair Value: TPS is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: TPS is good value based on its PE Ratio (24.1x) compared to the European Aerospace & Defense industry average (25.6x).
PE vs Market: TPS is poor value based on its PE Ratio (24.1x) compared to the Italian market (21.6x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate TPS's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: TPS is good value based on its PB Ratio (1.8x) compared to the XE Aerospace & Defense industry average (2.3x).
How is Technical Publications Service forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Capital Goods industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Technical Publications Service has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
How has Technical Publications Service performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: TPS has high quality earnings.
Growing Profit Margin: TPS's current net profit margins (4.9%) are lower than last year (6.5%).
Past Earnings Growth Analysis
Earnings Trend: TPS's earnings have grown by 6.9% 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 (-37%) over the past year, making it difficult to compare to the Aerospace & Defense industry average (-35.4%).
Return on Equity
High ROE: TPS's Return on Equity (7.5%) is considered low.
How is Technical Publications Service's financial position?
Financial Position Analysis
Short Term Liabilities: TPS's short term assets (€27.4M) exceed its short term liabilities (€8.6M).
Long Term Liabilities: TPS's short term assets (€27.4M) exceed its long term liabilities (€5.8M).
Debt to Equity History and Analysis
Debt Level: TPS's debt to equity ratio (7.6%) is considered satisfactory.
Reducing Debt: TPS's debt to equity ratio has reduced from 109.6% to 7.6% over the past 5 years.
Debt Coverage: TPS's debt is well covered by operating cash flow (201.5%).
Interest Coverage: TPS's interest payments on its debt are well covered by EBIT (14.5x coverage).
What is Technical Publications Service current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate TPS's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate TPS'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 TPS's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if TPS's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: TPS is not paying a notable dividend for the Italian market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of TPS's dividend in 3 years as they are not forecast to pay a notable one for the Italian market.
How experienced are the management team and are they aligned to shareholders interests?
Alessandro Rosso serves as Chairman and Chief Executive Officer at Technical Publications Service.
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 not been meaningfully diluted in the past year.
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: €36.299m
- Shares outstanding: 7.26m
- Website: https://www.tps-group.it
Number of Employees
- Technical Publications Service S.p.A.
- via Olanda n. 5a
Technical Publications Service S.p.A. provides technical and engineering services for the aeronautical industry in Italy. It also provides support services to the customers in the design of complex, mechan...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/06/22 19:09|
|End of Day Share Price||2021/06/22 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.