Tigné Mall (MTSE:TML) - Share price, News & Analysis

TML fundamental analysis
Snowflake Score
Valuation	3/6
Future Growth	0/6
Past Performance	4/6
Financial Health	4/6
Dividends	1/6

TML Stock Overview

Tigné Mall p.l.c. engages in the ownership and management of a shopping mall in Sliema, Malta.

Rewards

Trading at 14.8% below our estimate of its fair value

Earnings grew by 21.8% over the past year

Risk Analysis

Earnings have declined by 4.1% per year over past 5 years

Shares are highly illiquid

Latest financial reports are more than 6 months old

Does not have a meaningful market cap (€39M)

Tigné Mall Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Tigné Mall
Historical stock prices
Current Share Price	€0.70
52 Week High	€0.85
52 Week Low	€0.60
Beta	0.69
1 Month Change	0.72%
3 Month Change	n/a
1 Year Change	-6.67%
3 Year Change	-23.50%
5 Year Change	-30.00%
Change since IPO	38.61%

Recent News & Updates

Nov 28

Estimating The Fair Value Of Tigné Mall p.l.c. (MTSE:TML)

How far off is Tigné Mall p.l.c. ( MTSE:TML ) from its intrinsic value? Using the most recent financial data, we'll...

Aug 31

Does Tigné Mall (MTSE:TML) Have A Healthy Balance Sheet?

Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...

Jul 20

Calculating The Fair Value Of Tigné Mall p.l.c. (MTSE:TML)

Does the July share price for Tigné Mall p.l.c. ( MTSE:TML ) reflect what it's really worth? Today, we will estimate...

Jan 17

Tigné Mall p.l.c.'s (MTSE:TML) Stock Is Rallying But Financials Look Ambiguous: Will The Momentum Continue?

Tigné Mall (MTSE:TML) has had a great run on the share market with its stock up by a significant 5.1% over the last...

Nov 25

We Think Tigné Mall (MTSE:TML) Is Taking Some Risk With Its Debt

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

Shareholder Returns

	TML	MT Real Estate	MT Market
7D	0%	1.3%	0.6%
1Y	-6.7%	-6.4%	-5.7%

Return vs Industry: TML matched the MT Real Estate industry which returned -6.1% over the past year.

Return vs Market: TML underperformed the MT Market which returned -5.4% over the past year.

Price Volatility

Is TML's price volatile compared to industry and market?
TML volatility
TML Average Weekly Movement	n/a
Real Estate Industry Average Movement	5.1%
Market Average Movement	6.5%
10% most volatile stocks in MT Market	12.0%
10% least volatile stocks in MT Market	3.6%

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

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

About the Company

Founded	Employees	CEO	Website
2004	6	Edwin Borg	https://www.thepointmalta.com

Tigné Mall p.l.c. engages in the ownership and management of a shopping mall in Sliema, Malta. It operates The Point Shopping Mall, a fully serviced shopping mall; and its car park. Tigné Mall p.l.c. was incorporated in 2004 and is based in Sliema, Malta.

Tigné Mall Fundamentals Summary

How do Tigné Mall's earnings and revenue compare to its market cap?
TML fundamental statistics
Market Cap	€39.48m
Earnings (TTM)	€1.88m
Revenue (TTM)	€5.98m

21.0x

P/E Ratio

6.6x

P/S Ratio

Is TML overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report
TML income statement (TTM)
Revenue	€5.98m
Cost of Revenue	€2.09m
Gross Profit	€3.89m
Other Expenses	€2.00m
Earnings	€1.88m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)	0.033
Gross Margin	65.02%
Net Profit Margin	31.52%
Debt/Equity Ratio	28.2%

How did TML perform over the long term?

See historical performance and comparison

Dividends

1.9%

Current Dividend Yield

20%

Payout Ratio

Does TML pay a reliable dividends?

See TML dividend history and benchmarks

When do you need to buy TML by to receive an upcoming dividend?
Tigné Mall dividend dates
Ex Dividend Date	Jun 16 2022
Dividend Pay Date	Jul 08 2022
Days until Ex dividend	28 days
Days until Dividend pay date	50 days

Does TML pay a reliable dividends?

See TML dividend history and benchmarks

Valuation

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

Valuation Score

3/6

Valuation Score 3/6

Below Fair Value
Significantly Below Fair Value
PE vs Industry
PE vs Market
PEG Ratio
PB vs Industry

14.8%

Undervalued compared to fair value

Share Price vs. Fair Value

Below Fair Value: TML (€0.7) is trading below our estimate of fair value (€0.82)

Significantly Below Fair Value: TML is trading below fair value, but not by a significant amount.

Price To Earnings Ratio

PE vs Industry: TML is good value based on its PE Ratio (21x) compared to the MT Real Estate industry average (36.5x).

PE vs Market: TML is good value based on its PE Ratio (21x) compared to the MT market (24.8x).

Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate TML's PEG Ratio to determine if it is good value.

Price to Book Ratio

PB vs Industry: TML's PB Ratio (0.8x) is in line with the MT Real Estate industry average.

Future Growth

How is Tigné Mall forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

Future Growth Score

0/6

Future Growth Score 0/6

Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Future ROE

-10.9%

Forecasted Real Estate 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 Tigné Mall 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.

Past Performance

How has Tigné Mall performed over the past 5 years?

Past Performance Score

4/6

Past Performance Score 4/6

Quality Earnings
Growing Profit Margin
Earnings Trend
Accelerating Growth
Earnings vs Industry
High ROE

-4.1%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: TML has high quality earnings.

Growing Profit Margin: TML's current net profit margins (31.5%) are higher than last year (26.9%).

Past Earnings Growth Analysis

Earnings Trend: TML's earnings have declined by 4.1% per year over the past 5 years.

Accelerating Growth: TML's earnings growth over the past year (21.8%) exceeds its 5-year average (-4.1% per year).

Earnings vs Industry: TML earnings growth over the past year (21.8%) exceeded the Real Estate industry -0.1%.

Return on Equity

High ROE: TML's Return on Equity (3.8%) is considered low.

Financial Health

How is Tigné Mall's financial position?

Financial Health Score

4/6

Financial Health Score 4/6

Short Term Liabilities
Long Term Liabilities
Debt Level
Reducing Debt
Debt Coverage
Interest Coverage

Financial Position Analysis

Short Term Liabilities: TML's short term assets (€4.7M) do not cover its short term liabilities (€6.0M).

Long Term Liabilities: TML's short term assets (€4.7M) do not cover its long term liabilities (€26.9M).

Debt to Equity History and Analysis

Debt Level: TML's net debt to equity ratio (23.1%) is considered satisfactory.

Reducing Debt: TML's debt to equity ratio has reduced from 56.6% to 28.2% over the past 5 years.

Debt Coverage: TML's debt is well covered by operating cash flow (25%).

Interest Coverage: TML's interest payments on its debt are well covered by EBIT (5.2x coverage).

Balance Sheet

Dividend

What is Tigné Mall current dividend yield, its reliability and sustainability?

Dividend Score

1/6

Dividend Score 1/6

Notable Dividend
High Dividend
Stable Dividend
Growing Dividend
Earnings Coverage
Future Dividend Coverage

1.91%

Current Dividend Yield

Upcoming Dividend Payment

Dividend Yield vs Market

Notable Dividend: TML's dividend (1.91%) isn’t notable compared to the bottom 25% of dividend payers in the MT market (2.48%).

High Dividend: TML's dividend (1.91%) is low compared to the top 25% of dividend payers in the MT market (5.63%).

Stability and Growth of Payments

Stable Dividend: TML has been paying a dividend for less than 10 years and during this time payments have been volatile.

Growing Dividend: TML's dividend payments have increased, but the company has only paid a dividend for 8 years.

Earnings Payout to Shareholders

Earnings Coverage: With its low payout ratio (20.1%), TML's dividend payments are well covered by earnings.

Cash Payout to Shareholders

Cash Flow Coverage: Insufficient data to calculate cash payout ratio to determine if its dividend payments are covered by cash flows.

Next Steps

Explore strong dividend paying companies in the Real Estate industry.

Management

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

7.2yrs

Average board tenure

CEO

Edwin Borg

no data

Tenure

Mr. Edwin Borg serves as the Chief Executive Officer at Tigné Mall p.l.c. Mr. Borg served as the Chief Executive Officer and General Manager of Tigne Mall Limited Mr. Borg is actively involved in the comme...

Board Members

Experienced Board: TML's board of directors are considered experienced (7.2 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.

Data	Last Updated (UTC time)
Company Analysis	2022/05/17 00:00
End of Day Share Price	2022/04/19 00:00
Earnings	2021/06/30
Annual Earnings	2020/12/31