How does THL's PE Ratio compare to its peers?

THL is good value based on its Price-To-Earnings Ratio (10.8x) compared to the peer average (23.8x).

How does THL's PE Ratio compare vs other companies in the Global Transportation Industry?

THL is good value based on its Price-To-Earnings Ratio (10.8x) compared to the Global Transportation industry average (14.8x).

What is THL's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

THL is good value based on its Price-To-Earnings Ratio (10.8x) compared to the estimated Fair Price-To-Earnings Ratio (17.9x).

What is the Fair Price of THL when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

THL (NZ$1.94) is trading below our estimate of [[fair value]] (NZ$2.94)

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Target price is more than 20% higher than the current share price, but analysts are not within a statistically confident range of agreement.

Tourism Holdings (NZSE:THL) - Stock Price, News & Analysis

THL Stock Overview

Operates as a tourism company worldwide. More details

THL fundamental analysis
Snowflake Score
Valuation	5/6
Future Growth	3/6
Past Performance	2/6
Financial Health	1/6
Dividends	2/6

Rewards

Trading at 34.1% below our estimate of its fair value

Earnings are forecast to grow 20.48% per year

Trading at good value compared to peers and industry

Risk Analysis

Interest payments are not well covered by earnings

Profit margins (4.3%) are lower than last year (7.5%)

Dividend of 5.15% is not well covered by free cash flows

Tourism Holdings Limited Competitors

Napier Port Holdings

NZSE:NPH

NZ$496.6m

Air New Zealand

NZSE:AIR

NZ$1.8b

Marsden Maritime Holdings

NZSE:MMH

NZ$142.5m

Easy Lease Motor Cycle Rental P.S.C

ADX:EASYLEASE

د.إ832.2m

Price History & Performance

Summary of all time highs, changes and price drops for Tourism Holdings
Historical stock prices
Current Share Price	NZ$1.91
52 Week High	NZ$3.88
52 Week Low	NZ$1.70
Beta	1.27
11 Month Change	-1.55%
3 Month Change	-8.61%
1 Year Change	-46.35%
33 Year Change	-32.98%
5 Year Change	-41.59%
Change since IPO	93.03%

Should You Think About Buying Tourism Holdings Limited (NZSE:THL) Now?

Oct 24

Increases to Tourism Holdings Limited's (NZSE:THL) CEO Compensation Might Cool off for now

Oct 10

Tourism Holdings' (NZSE:THL) Returns On Capital Not Reflecting Well On The Business

Sep 24

Recent updates

Should You Think About Buying Tourism Holdings Limited (NZSE:THL) Now?

Oct 24

Increases to Tourism Holdings Limited's (NZSE:THL) CEO Compensation Might Cool off for now

Oct 10

Tourism Holdings' (NZSE:THL) Returns On Capital Not Reflecting Well On The Business

Sep 24

We Think You Can Look Beyond Tourism Holdings' (NZSE:THL) Lackluster Earnings

Sep 03

At NZ$2.07, Is Tourism Holdings Limited (NZSE:THL) Worth Looking At Closely?

Jul 18

Earnings Working Against Tourism Holdings Limited's (NZSE:THL) Share Price Following 42% Dive

May 06

Here's What Analysts Are Forecasting For Tourism Holdings Limited (NZSE:THL) After Its Interim Results

Feb 23

We Think Tourism Holdings Limited's (NZSE:THL) CEO Compensation Package Needs To Be Put Under A Microscope

Oct 14

What Type Of Shareholders Make Up Tourism Holdings Limited's (NZSE:THL) Share Registry?

Feb 11

Is It Too Late To Consider Buying Tourism Holdings Limited (NZSE:THL)?

Jan 23

Tourism Holdings Limited's (NZSE:THL) Stock Is Going Strong: Have Financials A Role To Play?

Dec 23

A Look At Tourism Holdings' (NZSE:THL) Share Price Returns

Dec 08

Should We Be Excited About The Trends Of Returns At Tourism Holdings (NZSE:THL)?

Nov 23

Shareholder Returns

	THL	NZ Transportation	NZ Market
7D	-3.0%	0.5%	0.1%
1Y	-46.3%	-16.6%	9.6%

Return vs Industry: THL underperformed the NZ Transportation industry which returned -16.6% over the past year.

Return vs Market: THL underperformed the NZ Market which returned 9.6% over the past year.

Price Volatility

Is THL's price volatile compared to industry and market?
THL volatility
THL Average Weekly Movement	5.7%
Transportation Industry Average Movement	5.7%
Market Average Movement	4.5%
10% most volatile stocks in NZ Market	9.3%
10% least volatile stocks in NZ Market	3.0%

Stable Share Price: THL has not had significant price volatility in the past 3 months compared to the NZ market.

Volatility Over Time: THL's weekly volatility (6%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
1984	2,602	Grant Webster	www.thlonline.com

Tourism Holdings Limited operates as a tourism company worldwide. The company operates through New Zealand Rentals & Sales; Action Manufacturing; Tourism; Australia Rentals, Sales & Manufacturing; United States Rentals & Sales; Canadian Rentals & Sales; and UK/Ireland Rentals & Sales segments. It engages in the manufacture, rental, and sale of recreational vehicles (RVs), including motorhomes, campervans, caravans, and other tourism related activities.

Tourism Holdings Limited Fundamentals Summary

How do Tourism Holdings's earnings and revenue compare to its market cap?
THL fundamental statistics
Market cap	NZ$415.92m
Earnings (TTM)	NZ$39.38m
Revenue (TTM)	NZ$921.73m

10.7x

P/E Ratio

0.5x

P/S Ratio

Is THL overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
THL income statement (TTM)
Revenue	NZ$921.73m
Cost of Revenue	NZ$374.18m
Gross Profit	NZ$547.55m
Other Expenses	NZ$508.18m
Earnings	NZ$39.38m

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	0.18
Gross Margin	59.40%
Net Profit Margin	4.27%
Debt/Equity Ratio	81.5%

How did THL perform over the long term?

See historical performance and comparison

Dividends

5.2%

Current Dividend Yield

52%

Payout Ratio

THL Stock Overview

Rewards

Risk Analysis

Tourism Holdings Limited Competitors

NZSE:NPH

NZ$496.6m

NZSE:AIR

NZ$1.8b

NZSE:MMH

NZ$142.5m

ADX:EASYLEASE

د.إ832.2m

Price History & Performance

Recent News & Updates

Should You Think About Buying Tourism Holdings Limited (NZSE:THL) Now?

Investor sentiment improves as stock rises 20%

Tourism Holdings Limited Approves Final Dividend

Increases to Tourism Holdings Limited's (NZSE:THL) CEO Compensation Might Cool off for now

Tourism Holdings' (NZSE:THL) Returns On Capital Not Reflecting Well On The Business

Upcoming dividend of NZ$0.059 per share

Recent updates

Should You Think About Buying Tourism Holdings Limited (NZSE:THL) Now?

Investor sentiment improves as stock rises 20%

Tourism Holdings Limited Approves Final Dividend

Increases to Tourism Holdings Limited's (NZSE:THL) CEO Compensation Might Cool off for now

Tourism Holdings' (NZSE:THL) Returns On Capital Not Reflecting Well On The Business

Upcoming dividend of NZ$0.059 per share

We Think You Can Look Beyond Tourism Holdings' (NZSE:THL) Lackluster Earnings

Tourism Holdings Limited, Annual General Meeting, Sep 16, 2024

Final dividend of NZ$0.059 announced

New minor risk - Profit margin trend

Full year 2024 earnings: Revenues exceed analysts expectations while EPS lags behind

At NZ$2.07, Is Tourism Holdings Limited (NZSE:THL) Worth Looking At Closely?

Tourism Holdings Limited to Report Fiscal Year 2024 Results on Aug 27, 2024

New minor risk - Shareholder dilution

Tourism Holdings Limited Announces Resignation of Debbie Birch as Director, Effective October 2024

Consensus EPS estimates fall by 33%

Tourism Holdings Limited Reduces Earnings Guidance for the Fiscal Year 2024

Earnings Working Against Tourism Holdings Limited's (NZSE:THL) Share Price Following 42% Dive

Investor sentiment deteriorates as stock falls 38%

Tourism Holdings Limited Announces Appointment of Kate Meldrum as COO- North America

Tourism Holdings Limited Announces the Appointment of Cameron Mathewson as Chief Financial Officer, Effective 1 July 2024

Now 23% undervalued after recent price drop

Chief Transformation Officer recently sold NZ$214k worth of stock

Upcoming dividend of NZ$0.053 per share

An undisclosed buyer acquired 14.14% stake in Camplify Holdings Limited (ASX:CHL) from Tourism Holdings Limited (NZSE:THL) for AUD 19.2 million.

An undisclosed buyer acquired 14.14% stake in Camplify Holdings Limited (ASX:CHL) from Tourism Holdings Limited (NZSE:THL) for AUD 19.2 million.

Independent Non Executive Director recently sold NZ$149k worth of stock

Consensus EPS estimates fall by 10%, revenue upgraded

Here's What Analysts Are Forecasting For Tourism Holdings Limited (NZSE:THL) After Its Interim Results

First half 2024 earnings released: EPS: NZ$0.18 (vs NZ$0.15 in 1H 2023)

Tourism Holdings Limited Announces CFO Changes

Tourism Holdings Limited to Report First Half, 2024 Results on Feb 20, 2024

Chief Transformation Officer recently sold NZ$300k worth of stock

Tourism Holdings Limited Announces Resignation of Nick Judd as Chief Financial Officer

Tourism Holdings Limited Announces Resignation of Nick Judd as Chief Financial Officer

Price target decreased by 7.5% to NZ$4.69

Tourism Holdings Limited Announces Actual Final Dividend for the Twelve Months Ended June 30, 2023, Payment Date Is September 29, 2023

Chief Financial Officer exercised options to buy NZ$1.2m worth of stock.

CEO, MD & Executive Director exercised options to buy NZ$611k worth of stock.

Upcoming dividend of NZ$0.18 per share at 3.9% yield

Tourism Holdings Limited Declares Final Dividend for Period of Twelve Months June 30, 2023, Payment Date Is September 29, 2023

Full year 2023 earnings: EPS and revenues exceed analyst expectations

Tourism Holdings Limited to Report Fiscal Year 2023 Results on Aug 29, 2023

Now 22% undervalued after recent price drop

Independent Chairman of the Board recently bought NZ$70k worth of stock

Consensus EPS estimates fall by 22%

Now 22% undervalued

Chief Financial Officer recently sold NZ$100k worth of stock

Now 21% undervalued

Now 21% undervalued

First half 2023 earnings released: EPS: NZ$0.15 (vs NZ$0.027 loss in 1H 2022)

Price target increased by 9.1% to NZ$4.86

Tourism Holdings Limited to Report First Half, 2023 Results on Feb 23, 2023

Chief Executive Officer recently sold NZ$552k worth of stock

Insufficient new directors

Chief Executive Officer exercised options to buy NZ$720k worth of stock.

Tourism Holdings Limited Provides Earnings Guidance for Fiscal 2023

Tourism Holdings Limited, Annual General Meeting, Nov 01, 2022

Price target increased to NZ$4.32