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TWR

Tower NZSE:TWR Stock Report

Last Price

NZ$0.69

Market Cap

NZ$248.6m

7D

3.0%

1Y

0%

Updated

07 Feb, 2023

Data

Company Financials +

TWR Stock Overview

Tower Limited provides general insurance products in New Zealand and the Pacific Islands.

TWR fundamental analysis
Snowflake Score
Valuation0/6
Future Growth3/6
Past Performance2/6
Financial Health5/6
Dividends4/6

My Notes

New

Notes are coming soon

Tower Limited Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Tower
Historical stock prices
Current Share PriceNZ$0.69
52 Week HighNZ$0.75
52 Week LowNZ$0.60
Beta0.31
1 Month Change-6.80%
3 Month Change0%
1 Year Change0%
3 Year Change-4.86%
5 Year Change3.01%
Change since IPO-87.31%

Recent News & Updates

Recent updates

Trade Alert: The Chief Executive Officer Of Tower Limited (NZSE:TWR), Blair Turnbull, Has Just Spent NZ$71k Buying 58% More Shares

Mar 03
Trade Alert: The Chief Executive Officer Of Tower Limited (NZSE:TWR), Blair Turnbull, Has Just Spent NZ$71k Buying 58% More Shares

Do Institutions Own Tower Limited (NZSE:TWR) Shares?

Feb 17
Do Institutions Own Tower Limited (NZSE:TWR) Shares?

Tower's(NZSE:TWR) Share Price Is Down 61% Over The Past Five Years.

Jan 24
Tower's(NZSE:TWR) Share Price Is Down 61% Over The Past Five Years.

Has Tower Limited's (NZSE:TWR) Impressive Stock Performance Got Anything to Do With Its Fundamentals?

Dec 30
Has Tower Limited's (NZSE:TWR) Impressive Stock Performance Got Anything to Do With Its Fundamentals?

Have Insiders Been Buying Tower Limited (NZSE:TWR) Shares This Year?

Dec 09
Have Insiders Been Buying Tower Limited (NZSE:TWR) Shares This Year?

Shareholder Returns

TWRNZ InsuranceNZ Market
7D3.0%-1.6%1.2%
1Y0%5.7%-6.4%

Return vs Industry: TWR underperformed the NZ Insurance industry which returned 5.7% over the past year.

Return vs Market: TWR exceeded the NZ Market which returned -6.4% over the past year.

Price Volatility

Is TWR's price volatile compared to industry and market?
TWR volatility
TWR Average Weekly Movement3.9%
Insurance Industry Average Movement3.1%
Market Average Movement3.7%
10% most volatile stocks in NZ Market7.4%
10% least volatile stocks in NZ Market2.4%

Stable Share Price: TWR is not significantly more volatile than the rest of NZ stocks over the past 3 months, typically moving +/- 4% a week.

Volatility Over Time: TWR's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1869n/aBlair Turnbullhttps://www.tower.co.nz

Tower Limited provides general insurance products in New Zealand and the Pacific Islands. Its insurance products include car, house, contents, contract works and renovation cover, landlord, boat, business, travel, pet, renters, house and contents bundle, electric vehicle, motorbike and motorcycle, lifestyle block and farm, caravan or trailer, motorhome, campervan & RV, and multi-policy discount insurance. The company was founded in 1869 and is headquartered in Auckland, New Zealand.

Tower Limited Fundamentals Summary

How do Tower's earnings and revenue compare to its market cap?
TWR fundamental statistics
Market CapNZ$248.56m
Earnings (TTM)NZ$17.62m
Revenue (TTM)NZ$359.67m

14.8x

P/E Ratio

0.7x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
TWR income statement (TTM)
RevenueNZ$359.67m
Cost of RevenueNZ$333.51m
Gross ProfitNZ$26.16m
Other ExpensesNZ$8.54m
EarningsNZ$17.62m

Last Reported Earnings

Sep 30, 2022

Next Earnings Date

n/a

Earnings per share (EPS)0.046
Gross Margin7.27%
Net Profit Margin4.90%
Debt/Equity Ratio0%

How did TWR perform over the long term?

See historical performance and comparison

Dividends

11.7%

Current Dividend Yield

147%

Payout Ratio