Nam Tai Property Inc., through its subsidiaries, operates as a property development company in the People’s Republic of China.
Adequate balance sheet and slightly overvalued.
Share Price & News
How has Nam Tai Property's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: NTP has not had significant price volatility in the past 3 months.
7 Day Return
US Real Estate
1 Year Return
US Real Estate
Return vs Industry: NTP underperformed the US Real Estate industry which returned 10.3% over the past year.
Return vs Market: NTP underperformed the US Market which returned 20.1% over the past year.
Price Volatility Vs. Market
How volatile is Nam Tai Property's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 weeks ago | Simply Wall StCan You Imagine How Nam Tai Property's (NYSE:NTP) Shareholders Feel About The 91% Share Price Increase?
2 months ago | Simply Wall StWhat Type Of Shareholder Owns Nam Tai Property Inc.'s (NYSE:NTP)?
4 months ago | Simply Wall StThe Nam Tai Property (NYSE:NTP) Share Price Is Up 66% And Shareholders Are Holding On
Is Nam Tai Property 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: NTP ($8.7) is trading below our estimate of fair value ($135.7)
Significantly Below Fair Value: NTP is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: NTP is unprofitable, so we can't compare its PE Ratio to the Real Estate industry average.
PE vs Market: NTP is unprofitable, so we can't compare its PE Ratio to the US market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate NTP's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: NTP is overvalued based on its PB Ratio (1.6x) compared to the US Real Estate industry average (1.4x).
How is Nam Tai Property forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Real Estate 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 Nam Tai Property 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.
- Examine Nam Tai Property's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
- Nam Tai Property competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Real Estate industry.
How has Nam Tai Property performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: NTP is currently unprofitable.
Growing Profit Margin: NTP is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: NTP is unprofitable, and losses have increased over the past 5 years at a rate of -0.2% per year.
Accelerating Growth: Unable to compare NTP's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: NTP is unprofitable, making it difficult to compare its past year earnings growth to the Real Estate industry (-30.2%).
Return on Equity
High ROE: NTP has a negative Return on Equity (-6.3%), as it is currently unprofitable.
Return on Assets
Return on Capital Employed
How is Nam Tai Property's financial position?
Financial Position Analysis
Short Term Liabilities: NTP's short term assets ($139.2M) exceed its short term liabilities ($112.7M).
Long Term Liabilities: NTP's short term assets ($139.2M) exceed its long term liabilities ($98.3M).
Debt to Equity History and Analysis
Debt Level: NTP's debt to equity ratio (45.4%) is considered high.
Reducing Debt: NTP's debt to equity ratio has increased from 12.6% to 45.4% over the past 5 years.
Inventory Level: NTP has a high level of physical assets or inventory.
Debt Coverage by Assets: NTP's debt is covered by short term assets (assets are 1.4x debt).
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable NTP has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: NTP is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by -20.9% per year.
What is Nam Tai Property's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: Unable to evaluate NTP's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate NTP'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 NTP's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if NTP's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: NTP is not paying a notable dividend for the US market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of NTP's dividend in 3 years as they are not forecast to pay a notable one for the US market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Chi Kwok Ying (52yo)
Mr. Chi Kwok Ying has been the Chief Executive Officer at Nam Tai Property Inc. since February 1, 2018 and its Executive Chairman since June 4, 2018. He serves as Executive Director at Nam Tai Property Inc ...
CEO Compensation Analysis
Compensation vs Market: Chi Kwok's total compensation ($USD1.75M) is about average for companies of similar size in the US market ($USD1.69M).
Compensation vs Earnings: Insufficient data to compare Chi Kwok's compensation with company performance.
|Executive Chairman & CEO||2yrs||US$1.75m||no data|
|Chief Financial Officer||2yrs||US$426.25k||no data|
|Project Director||2.4yrs||no data||no data|
|Consultant||0yrs||no data||no data|
|Administrative Consultant||2.8yrs||US$88.20k||no data|
Experienced Management: NTP's management team is considered experienced (2 years average tenure).
|Executive Chairman & CEO||2yrs||US$1.75m||no data|
|Independent Non-Executive Director||19.7yrs||US$99.28k||4.18% $13.9m|
|Independent Non-Executive Director||16.6yrs||US$101.68k||no data|
|Independent Non-Executive Director||16.6yrs||US$102.48k||0.22% $739.5k|
|Independent Non Executive Director||0yrs||no data||no data|
|Independent Non-Executive Director||1.7yrs||US$130.59k||no data|
|Independent Non-executive Director||0yrs||no data||no data|
|Non-Executive Director||1.5yrs||US$87.81k||no data|
Experienced Board: NTP's board of directors are considered experienced (9.1 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.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Nam Tai Property Inc.'s company bio, employee growth, exchange listings and data sources
- Name: Nam Tai Property Inc.
- Ticker: NTP
- Exchange: NYSE
- Founded: 1975
- Industry: Real Estate Operating Companies
- Sector: Real Estate
- Market Cap: US$332.283m
- Shares outstanding: 38.19m
- Website: https://www.namtai.com
Number of Employees
- Nam Tai Property Inc.
- Nam Tai Estate
- No. 2, Namtai Road
- Guangdong Province
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|NTP||NYSE (New York Stock Exchange)||Yes||Common Shares||US||USD||Mar 1988|
|NT1||DB (Deutsche Boerse AG)||Yes||Common Shares||DE||EUR||Mar 1988|
Nam Tai Property Inc., through its subsidiaries, operates as a property development company in the People’s Republic of China. The company owns and develops technology parks. It focuses on developing two parcels of land into commercial complexes in Gushu and Guangming, Shenzhen, as well as renting commercial complexes. The company was formerly known as Nam Tai Electronics, Inc. and changed its name to Nam Tai Property Inc. in April 2014. Nam Tai Property Inc. was founded in 1975 and is headquartered in Shenzhen, the People’s Republic of China.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/02/16 00:53|
|End of Day Share Price||2020/02/14 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.