OTCPK:TPRP

Stock Analysis Report

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Executive Summary

Tower Properties Company engages in owning, developing, leasing, and managing real property.


Snowflake Analysis

Mediocre balance sheet and slightly overvalued.

Share Price & News

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


Latest Share Price and Events

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


Market Performance


7 Day Return

0%

TPRP

6.2%

US Real Estate

2.8%

US Market


1 Year Return

n/a

TPRP

-18.6%

US Real Estate

9.3%

US Market

Return vs Industry: Insufficient data to determine how TPRP performed against the US Real Estate industry.

Return vs Market: Insufficient data to determine how TPRP performed against the US Market.


Shareholder returns

TPRPIndustryMarket
7 Day0%6.2%2.8%
30 Day0%7.9%8.9%
90 Day-21.6%-28.5%-0.5%
1 Yearn/a-18.0%-18.6%11.8%9.3%
3 Yearn/a-21.0%-22.8%31.4%22.7%
5 Year48.9%48.9%-26.3%-28.5%58.7%40.9%

Price Volatility Vs. Market

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


Simply Wall St News

No news available

Valuation

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

22.5%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: TPRP ($17650) is trading below our estimate of fair value ($22771.58)

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


Price To Earnings Ratio

PE vs Industry: Insufficient data to calculate TPRP's PE Ratio to determine if it is good value compared to the Real Estate industry average.

PE vs Market: Insufficient data to calculate TPRP's PE Ratio to determine if it is good value compared to the US market.


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: Insufficient data to calculate TPRP's PB Ratio to determine if it is good value.


Next Steps

Future Growth

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

19.6%

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 Tower Properties 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

  • Take a look at our analysis of TPRP’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
  • While we do not consider unaudited financials to be a reliable enough to include in our analysis, you can access them on the OTC Markets Website. If you are looking for more of a qualitative research into the company, you can access Tower Properties's filings and announcements here.
  • Explore growth companies in the Real Estate industry.

Past Performance

How has Tower Properties performed over the past 5 years?

8.4%

Historical Real Estate annual earnings growth


In this section we usually display a company’s past earnings and revenues to help investors visualise the trend through time. We also gauge the company’s performance by benchmarking its returns and growth to its industry peers and the wider market. However, Tower Properties has not provided sufficient past data to assess its track record.

This is quite a rare situation as 97% of companies covered by Simply Wall St do have historical data.


Next Steps

Financial Health

How is Tower Properties's financial position?


In this section we usually analyse Tower Properties's finance health to determine how well-positioned it is against times of financial distress, in particular, its ability to manage its cash and debt levels. Tower Properties has not provided adequate balance sheet data, its financial health cannot be properly assessed as it.

This is quite a rare situation as 97% of companies covered by Simply Wall St do have financial information.


Next Steps

  • Take a look at our analysis of TPRP’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
  • Investors tend to look at the financial health of a company this size in order to assess the sustainability of its current operations. While we do not consider unaudited financials to be a reliable enough to include in our analysis, you can access them on the OTC Markets Website.
  • Financial health is measured at one point in time, so the latest financial report is the best representation of the company’s current financial status. Check when Tower Properties's financial data was last updated here.
  • Explore more healthy companies in the Real Estate industry.

Dividend

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

11.70%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: TPRP's dividend (11.7%) is higher than the bottom 25% of dividend payers in the US market (1.69%).

High Dividend: TPRP's dividend (11.7%) is in the top 25% of dividend payers in the US market (4.55%)


Stability and Growth of Payments

Stable Dividend: Whilst dividend payments have been stable, TPRP has been paying a dividend for less than 10 years.

Growing Dividend: TPRP has only been paying a dividend for 8 years, and since then payments have not increased.


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: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.


Next Steps

Management

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

2.4yrs

Average management tenure


CEO

Buzz Willard (64yo)

17.42yrs

Tenure

US$194,878

Compensation

Mr. Thomas R. Willard, also known as Buzz, CRE, has been the Chief Executive Officer of Tower Properties Co. since January 2003 and served as President since July 1997 until 2018 and also it’s Director sin ...


Leadership Team

NamePositionTenureCompensationOwnership
Thomas Willard
CEO & Director17.42yrsUS$194.88kno data
Stanley Weber
CFO, President2.42yrsUS$121.31kno data
Chuck Gibson
Vice President & Head of Construction Department2.42yrsno datano data
Ed Smith
Vice President & Controller2.42yrsno datano data

2.4yrs

Average Tenure

Experienced Management: TPRP's management team is considered experienced (2.4 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Thomas Willard
CEO & Director17.42yrsUS$194.88kno data
David Kemper
Director30.67yrsno datano data
Jonathan Kemper
Non-Executive Chairman15.17yrsno datano data
William Quirk
Director18.42yrsno datano data
John Kemper
Directorno datano datano data

20.7yrs

Average Tenure

66.5yo

Average Age

Experienced Board: TPRP's board of directors are seasoned and experienced ( 20.7 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 not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Tower Properties Company's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Tower Properties Company
  • Ticker: TPRP
  • Exchange: OTCPK
  • Founded:
  • Industry: Diversified Real Estate Activities
  • Sector: Real Estate
  • Market Cap: US$72.789m
  • Shares outstanding: 4.12k
  • Website: https://www.towerproperties.com

Location

  • Tower Properties Company
  • 1000 Walnut
  • Suite 900
  • Kansas City
  • Missouri
  • 64106
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
TPRPOTCPK (Pink Sheets LLC)YesCommon StockUSUSDDec 1990

Biography

Tower Properties Company engages in owning, developing, leasing, and managing real property. It owns office buildings, apartment complexes, a warehouse/office facility, and land held for future sale or development. The company’s property portfolio is primarily located in located in Douglas and Johnson counties in Kansas, and Clay and St. Louis counties in Missouri. Tower Properties Company is based in Kansas City, Missouri. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/06/02 11:14
End of Day Share Price2020/04/03 00:00
Earnings2012/03/31
Annual Earnings2011/12/31


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.