OTCPK:TSSI

Stock Analysis Report

Executive Summary

TSS, Inc. provides services for the planning, design, deployment, maintenance, and refurbishment of mission-critical facilities in the United States.


Snowflake Analysis

Adequate balance sheet and slightly overvalued.


Similar Companies

Share Price & News

How has TSS's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: TSSI's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

-5.4%

TSSI

-4.0%

US Commercial Services

-2.6%

US Market


1 Year Return

34.0%

TSSI

-19.7%

US Commercial Services

-13.3%

US Market

Return vs Industry: TSSI exceeded the US Commercial Services industry which returned -21.5% over the past year.

Return vs Market: TSSI exceeded the US Market which returned -15.9% over the past year.


Shareholder returns

TSSIIndustryMarket
7 Day-5.4%-4.0%-2.6%
30 Day-16.8%-25.4%-15.2%
90 Day-37.3%-27.9%-22.2%
1 Year34.0%34.0%-16.9%-19.7%-11.5%-13.3%
3 Year539.5%539.5%11.5%4.3%13.2%5.7%
5 Year85.6%85.6%34.0%19.8%31.8%17.2%

Price Volatility Vs. Market

How volatile is TSS's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

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

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: TSSI ($0.97) is trading below our estimate of fair value ($7.5)

Significantly Below Fair Value: TSSI is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: TSSI is poor value based on its PE Ratio (133x) compared to the Commercial Services industry average (19.4x).

PE vs Market: TSSI is poor value based on its PE Ratio (133x) compared to the US market (12.2x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: TSSI is overvalued based on its PB Ratio (5.9x) compared to the US Commercial Services industry average (1.1x).


Next Steps

Future Growth

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

13.0%

Forecasted Commercial Services 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 TSS 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.


Next Steps

Past Performance

How has TSS performed over the past 5 years?

66.6%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: TSSI has high quality earnings.

Growing Profit Margin: TSSI's current net profit margins (0.4%) are lower than last year (10.9%).


Past Earnings Growth Analysis

Earnings Trend: TSSI has become profitable over the past 5 years, growing earnings by 66.6% per year.

Accelerating Growth: TSSI's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: TSSI had negative earnings growth (-94.8%) over the past year, making it difficult to compare to the Commercial Services industry average (1.4%).


Return on Equity

High ROE: TSSI's Return on Equity (4.4%) is considered low.


Next Steps

Financial Health

How is TSS's financial position?


Financial Position Analysis

Short Term Liabilities: TSSI's short term assets ($14.2M) exceed its short term liabilities ($11.6M).

Long Term Liabilities: TSSI's short term assets ($14.2M) exceed its long term liabilities ($3.1M).


Debt to Equity History and Analysis

Debt Level: TSSI's debt to equity ratio (70.7%) is considered high.

Reducing Debt: TSSI's debt to equity ratio has reduced from 201.4% to 70.7% over the past 5 years.

Debt Coverage: TSSI's debt is well covered by operating cash flow (148.7%).

Interest Coverage: TSSI's interest payments on its debt are not well covered by EBIT (1.5x coverage).


Balance Sheet


Next Steps

Dividend

What is TSS's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate TSSI's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.

High Dividend: Unable to evaluate TSSI's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if TSSI's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if TSSI's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of TSSI's dividend in 3 years as they are not forecast to pay a notable one for the US market.


Next Steps

Management

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

5.7yrs

Average management tenure


CEO

Anthony Angelini (55yo)

8.25s

Tenure

US$656,000

Compensation

Mr. Anthony Angelini has been the Chief Executive Officer ar VTC, L.L.C (Doing Business as TSS, Inc.) since January 3, 2012 and serves as its President. From September 2007 until January 2012, Mr. Angelini ...


CEO Compensation Analysis

Compensation vs Market: Anthony's total compensation ($USD656.00K) is about average for companies of similar size in the US market ($USD626.39K).

Compensation vs Earnings: Anthony's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.


Leadership Team

NamePositionTenureCompensationOwnership
Anthony Angelini
CEO, President & Director8.25yrsUS$656.00k4.45% $748.8k
Gerard Gallagher
Founder13.25yrsUS$35.00k5.4% $910.0k
John Penver
Chief Financial Officer5.67yrsUS$370.50k2.12% $357.4k
Kieran Brennan
Senior Vice President of Sales & Marketing2.25yrsUS$425.69k0.82% $137.4k

5.7yrs

Average Tenure

56yo

Average Age

Experienced Management: TSSI's management team is seasoned and experienced (5.7 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Anthony Angelini
CEO, President & Director8.25yrsUS$656.00k4.45% $748.8k
Gerard Gallagher
Founder13.25yrsUS$35.00k5.4% $910.0k
Peter Woodward
Non-Executive Chairman8.08yrsUS$40.00k2.01% $337.7k
Daniel Phelps
Independent Director7.67yrsUS$25.00k0.93% $156.3k

8.2yrs

Average Tenure

53yo

Average Age

Experienced Board: TSSI's board of directors are considered experienced (8.2 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 been diluted in the past year, with total shares outstanding growing by 11.8%.


Top Shareholders

Company Information

TSS, Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: TSS, Inc.
  • Ticker: TSSI
  • Exchange: OTCPK
  • Founded: 2004
  • Industry: Diversified Support Services
  • Sector: Commercial Services
  • Market Cap: US$16.841m
  • Shares outstanding: 17.45m
  • Website: https://tssiusa.com

Number of Employees


Location

  • TSS, Inc.
  • 110 East Old Settlers Boulevard
  • Round Rock
  • Texas
  • 78664
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
TSSIOTCPK (Pink Sheets LLC)YesCommon StockUSUSDSep 2005

Biography

TSS, Inc. provides services for the planning, design, deployment, maintenance, and refurbishment of mission-critical facilities in the United States. It operates in two segments, Facilities and Systems Integration. The company offers a single source solution for enabling technologies in data centers, operations centers, network facilities, server rooms, security operations centers, communications facilities, and the infrastructure systems. Its services consist of technology consulting, design and engineering, project management, systems integration, systems installation, and facilities management. The company serves IT equipment, technology, and service companies; private sector businesses; and the government or commercial end users. The company was formerly known as Fortress International Group, Inc. and changed its name to TSS, Inc. in June 2013. TSS, Inc. was founded in 2004 and is headquartered in Round Rock, Texas. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/04/07 02:38
End of Day Share Price2020/04/06 00:00
Earnings2019/12/31
Annual Earnings2019/12/31


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.