Tower Limited

NZSE:TWR Stock Report

Market Cap: NZ$512.3m

Tower Past Earnings Performance

Past criteria checks 5/6

Tower has been growing earnings at an average annual rate of 23.3%, while the Insurance industry saw earnings growing at 19.5% annually. Revenues have been growing at an average rate of 11.3% per year. Tower's return on equity is 19.7%, and it has net margins of 12.2%.

Key information

23.3%

Earnings growth rate

23.9%

EPS growth rate

Insurance Industry Growth7.6%
Revenue growth rate11.3%
Return on equity19.7%
Net Margin12.2%
Last Earnings Update30 Sep 2024

Recent past performance updates

Recent updates

Investors Still Aren't Entirely Convinced By Tower Limited's (NZSE:TWR) Earnings Despite 26% Price Jump

Jul 31
Investors Still Aren't Entirely Convinced By Tower Limited's (NZSE:TWR) Earnings Despite 26% Price Jump

Market Still Lacking Some Conviction On Tower Limited (NZSE:TWR)

Apr 16
Market Still Lacking Some Conviction On Tower Limited (NZSE:TWR)

Should Shareholders Reconsider Tower Limited's (NZSE:TWR) CEO Compensation Package?

Feb 21
Should Shareholders Reconsider Tower Limited's (NZSE:TWR) CEO Compensation Package?

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?

Revenue & Expenses Breakdown

How Tower makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

NZSE:TWR Revenue, expenses and earnings (NZD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Sep 245797100
31 Mar 244563500
31 Dec 234341900
30 Sep 23490300
30 Jun 234281300
31 Mar 234161500
31 Dec 223851600
30 Sep 223551700
31 Mar 223381000
31 Dec 213371400
30 Sep 213351800
30 Jun 213371220
31 Mar 21333730
31 Dec 20330930
30 Sep 203271130
30 Jun 203231520
31 Mar 203191920
31 Dec 193111830
30 Sep 193031740
30 Jun 1929716270
31 Mar 1929216500
31 Dec 182875820
30 Sep 18282-71130
30 Jun 18278-91070
31 Mar 18274-121020
31 Dec 17271-10920
30 Sep 17268-8820
30 Jun 17266-15840
31 Mar 17265-22870
31 Dec 16266-22870
30 Sep 16266-22870
30 Jun 16266-17900
31 Mar 16265-12920
31 Dec 15265-10900
30 Sep 15266-8880
30 Jun 15265-1870
31 Mar 152646860
31 Dec 1425914840
30 Sep 1425521820
30 Jun 1425020790
31 Mar 1424520760

Quality Earnings: TWR has high quality earnings.

Growing Profit Margin: TWR's current net profit margins (12.2%) are higher than last year (0.5%).

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: TWR's earnings have grown significantly by 23.3% per year over the past 5 years.

Accelerating Growth: TWR's earnings growth over the past year (2640%) exceeds its 5-year average (23.3% per year).

Earnings vs Industry: TWR earnings growth over the past year (2640%) exceeded the Insurance industry 33%.

Return on Equity

High ROE: TWR's Return on Equity (19.7%) is considered low.

Return on Assets

Return on Capital Employed

Discover strong past performing companies

7D

1Y

7D

1Y

7D

1Y

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/03 10:43
End of Day Share Price 2025/01/03 00:00
Earnings2024/09/30
Annual Earnings2024/09/30

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Tower Limited is covered by 11 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Nigel PittawayCitigroup Inc
Andrew AdamsCredit Suisse
Lindsay JamesForsyth Barr Group Ltd.