Tourism Holdings Limited, together with its subsidiaries, operates as a tourism company in Australia, New Zealand, and the United States.
Tourism Holdings Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||NZ$2.69|
|52 Week High||NZ$2.02|
|52 Week Low||NZ$2.80|
|1 Month Change||12.08%|
|3 Month Change||13.50%|
|1 Year Change||17.47%|
|3 Year Change||-46.20%|
|5 Year Change||-17.74%|
|Change since IPO||171.86%|
Recent News & Updates
We Think Tourism Holdings Limited's (NZSE:THL) CEO Compensation Package Needs To Be Put Under A Microscope
Shareholders will probably not be too impressed with the underwhelming results at Tourism Holdings Limited ( NZSE:THL...
Tourism Holdings (NZSE:THL) Is Reinvesting At Lower Rates Of Return
What are the early trends we should look for to identify a stock that could multiply in value over the long term? One...
Should You Investigate Tourism Holdings Limited (NZSE:THL) At NZ$2.65?
Tourism Holdings Limited ( NZSE:THL ), is not the largest company out there, but it saw a significant share price rise...
|THL||NZ Transportation||NZ Market|
Return vs Industry: THL exceeded the NZ Transportation industry which returned -3.7% over the past year.
Return vs Market: THL exceeded the NZ Market which returned 2.1% over the past year.
Stable Share Price: THL is not significantly more volatile than the rest of NZ stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: THL's weekly volatility (4%) has been stable over the past year.
About the Company
Tourism Holdings Limited, together with its subsidiaries, operates as a tourism company in Australia, New Zealand, and the United States. The company operates through New Zealand Rentals, Tourism Group, Australia Rentals, United States Rentals, and Action Manufacturing segments. It engages in the design, manufacture, and sale of motorhomes, campervans, caravans, and RV accessories; and other tourism related activities.
Tourism Holdings Fundamentals Summary
|THL fundamental statistics|
Is THL overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|THL income statement (TTM)|
|Cost of Revenue||NZ$186.03m|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||-0.09|
|Net Profit Margin||-3.81%|
How did THL perform over the long term?See historical performance and comparison
Is Tourism Holdings undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: THL (NZ$2.69) is trading below our estimate of fair value (NZ$16.28)
Significantly Below Fair Value: THL is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: THL is unprofitable, so we can't compare its PE Ratio to the Global Transportation industry average.
PE vs Market: THL is unprofitable, so we can't compare its PE Ratio to the NZ market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate THL's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: THL is good value based on its PB Ratio (1.3x) compared to the XO Transportation industry average (2.1x).
How is Tourism Holdings forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: THL is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (2.1%).
Earnings vs Market: THL is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: THL's is expected to become profitable in the next 3 years.
Revenue vs Market: THL's revenue (9.8% per year) is forecast to grow faster than the NZ market (5.3% per year).
High Growth Revenue: THL's revenue (9.8% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: THL's Return on Equity is forecast to be low in 3 years time (11.5%).
How has Tourism Holdings performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: THL is currently unprofitable.
Growing Profit Margin: THL is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: THL is unprofitable, and losses have increased over the past 5 years at a rate of 17.5% per year.
Accelerating Growth: Unable to compare THL's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: THL is unprofitable, making it difficult to compare its past year earnings growth to the Transportation industry (21%).
Return on Equity
High ROE: THL has a negative Return on Equity (-4.64%), as it is currently unprofitable.
How is Tourism Holdings's financial position?
Financial Position Analysis
Short Term Liabilities: THL's short term assets (NZ$124.8M) exceed its short term liabilities (NZ$59.2M).
Long Term Liabilities: THL's short term assets (NZ$124.8M) do not cover its long term liabilities (NZ$166.3M).
Debt to Equity History and Analysis
Debt Level: THL's debt to equity ratio (29.4%) is considered satisfactory.
Reducing Debt: THL's debt to equity ratio has reduced from 50.3% to 29.4% over the past 5 years.
Debt Coverage: THL's debt is well covered by operating cash flow (94.5%).
Interest Coverage: Insufficient data to determine if THL's interest payments on its debt are well covered by EBIT.
What is Tourism Holdings's current dividend yield, its reliability and sustainability?
Forecast Dividend Yield
Dividend Yield vs Market
Notable Dividend: Unable to evaluate THL's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate THL's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if THL's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if THL's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: THL is not paying a notable dividend for the NZ market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of THL's dividend in 3 years as they are not forecast to pay a notable one for the NZ market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Mr. Grant Webster has been the Chief Executive Officer of Tourism Holdings Limited since December 2008 and served as its Chief Operating Officer of Attractions Division from 2005 to December 2008. Mr. Webs...
CEO Compensation Analysis
Compensation vs Market: Grant's total compensation ($USD835.84K) is above average for companies of similar size in the NZ market ($USD536.77K).
Compensation vs Earnings: Grant's compensation has increased whilst the company is unprofitable.
Experienced Management: THL's management team is not considered experienced ( 1.1 years average tenure), which suggests a new team.
Experienced Board: THL's board of directors are considered experienced (4.6 years average tenure).
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.
Recent Insider Transactions
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 2.7%.
Tourism Holdings Limited's employee growth, exchange listings and data sources
- Name: Tourism Holdings Limited
- Ticker: THL
- Exchange: NZSE
- Founded: 1984
- Industry: Trucking
- Sector: Transportation
- Market Cap: NZ$408.783m
- Shares outstanding: 151.96m
- Website: https://www.thlonline.com
Number of Employees
- Tourism Holdings Limited
- The Beach House
- Level 1
- New Zealand
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/26 16:12|
|End of Day Share Price||2021/10/26 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.