TSR (NasdaqCM:TSRI) - Share price, News & Analysis

TSRI fundamental analysis
Snowflake Score
Valuation	3/6
Future Growth	0/6
Past Performance	3/6
Financial Health	4/6
Dividends	0/6

TSRI Stock Overview

Rewards

PE ratio (2.4x) is below the US market (15.5x)

Became profitable this year

Risk Analysis

High level of non-cash earnings

Shareholders have been diluted in the past year

Does not have a meaningful market cap ($17M)

TSR Competitors

Price History & Performance

Summary of all time highs, changes and price drops for TSR
Historical stock prices
Current Share Price	US$7.18
52 Week High	US$16.80
52 Week Low	US$6.88
Beta	0.87
1 Month Change	-23.86%
3 Month Change	-27.77%
1 Year Change	-17.61%
3 Year Change	43.60%
5 Year Change	-2.83%
Change since IPO	242.93%

Shareholder Returns

	TSRI	US IT	US Market
7D	-5.0%	2.4%	0.1%
1Y	-17.6%	-27.6%	-12.7%

Return vs Industry: TSRI exceeded the US IT industry which returned -27.4% over the past year.

Return vs Market: TSRI underperformed the US Market which returned -11.5% over the past year.

Price Volatility

Is TSRI's price volatile compared to industry and market?
TSRI volatility
TSRI Average Weekly Movement	10.3%
IT Industry Average Movement	10.3%
Market Average Movement	8.0%
10% most volatile stocks in US Market	17.0%
10% least volatile stocks in US Market	3.0%

Stable Share Price: TSRI is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 10% a week.

Volatility Over Time: TSRI's weekly volatility (10%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
1969	606	Tom Salerno	https://www.tsrconsulting.com

TSR, Inc., a staffing company, focuses on recruiting information technology (IT) professionals for short- and long-term assignments, permanent placements, project work, and providing contract computer programming services to its customers in the New York metropolitan area, New England, and the Mid-Atlantic region. The company provides technical computer personnel to supplement the in-house IT capabilities of its customers in the areas of net and java, mobile applications for Android and IOS platforms, project management, IT security specialists, cloud development and architecture, business analysts, UI design and development, network infrastructure and support, and database development and administration.

TSR Fundamentals Summary

How do TSR's earnings and revenue compare to its market cap?
TSRI fundamental statistics
Market Cap	US$16.60m
Earnings (TTM)	US$6.55m
Revenue (TTM)	US$92.19m

2.4x

P/E Ratio

0.2x

P/S Ratio

Is TSRI overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report
TSRI income statement (TTM)
Revenue	US$92.19m
Cost of Revenue	US$77.13m
Gross Profit	US$15.06m
Other Expenses	US$8.51m
Earnings	US$6.55m

Last Reported Earnings

Feb 28, 2022

Next Earnings Date

n/a

Earnings per share (EPS)	3.05
Gross Margin	16.34%
Net Profit Margin	7.11%
Debt/Equity Ratio	0.4%

How did TSRI perform over the long term?

See historical performance and comparison

Valuation

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

Valuation Score

3/6

Valuation Score 3/6

Below Fair Value
Significantly Below Fair Value
PE vs Industry
PE vs Market
PEG Ratio
PB vs Industry

2.35x

Price to Earnings (PE) ratio

Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate TSRI's fair value for valuation analysis.

Significantly Below Fair Value: Insufficient data to calculate TSRI's fair value for valuation analysis.

Price To Earnings Ratio

PE vs Industry: TSRI is good value based on its PE Ratio (2.4x) compared to the US IT industry average (27.2x).

PE vs Market: TSRI is good value based on its PE Ratio (2.4x) compared to the US market (15.5x).

Price to Earnings Growth Ratio

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

Price to Book Ratio

PB vs Industry: TSRI is good value based on its PB Ratio (1.1x) compared to the US IT industry average (3.1x).

Future Growth

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

Future Growth Score

0/6

Future Growth Score 0/6

Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Future ROE

19.7%

Forecasted Software 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 TSR 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.

Past Performance

How has TSR performed over the past 5 years?

Past Performance Score

3/6

Past Performance Score 3/6

Quality Earnings
Growing Profit Margin
Earnings Trend
Accelerating Growth
Earnings vs Industry
High ROE

45.0%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: TSRI has a high level of non-cash earnings.

Growing Profit Margin: TSRI became profitable in the past.

Past Earnings Growth Analysis

Earnings Trend: TSRI's earnings have grown significantly by 45% per year over the past 5 years.

Accelerating Growth: TSRI has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: TSRI has become profitable in the last year, making it difficult to compare its past year earnings growth to the IT industry (21.4%).

Return on Equity

High ROE: TSRI's Return on Equity (46.5%) is considered outstanding.

Financial Health

How is TSR's financial position?

Financial Health Score

4/6

Financial Health Score 4/6

Short Term Liabilities
Long Term Liabilities
Debt Level
Reducing Debt
Debt Coverage
Interest Coverage

Financial Position Analysis

Short Term Liabilities: TSRI's short term assets ($19.3M) exceed its short term liabilities ($8.7M).

Long Term Liabilities: TSRI's short term assets ($19.3M) exceed its long term liabilities ($537.7K).

Debt to Equity History and Analysis

Debt Level: TSRI has more cash than its total debt.

Reducing Debt: Insufficient data to determine if TSRI's debt to equity ratio has reduced over the past 5 years.

Debt Coverage: TSRI's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: TSRI's interest payments on its debt are well covered by EBIT (6.3x coverage).

Balance Sheet

Dividend

What is TSR current dividend yield, its reliability and sustainability?

Dividend Score

0/6

Dividend Score 0/6

Notable Dividend
High Dividend
Stable Dividend
Growing Dividend
Earnings Coverage
Future Dividend Coverage

Dividend Yield vs Market

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

High Dividend: Unable to evaluate TSRI'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 TSRI's dividends per share have been stable in the past.

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

Earnings Payout to Shareholders

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

Cash Payout to Shareholders

Cash Flow Coverage: Unable to calculate sustainability of dividends as TSRI has not reported any payouts.

Discover strong dividend paying companies

Management

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

2.6yrs

Average board tenure

CEO

Tom Salerno (53 yo)

2.17yrs

Tenure

US$667,000

Compensation

Mr. Thomas C. Salerno, also known as Tom, serves as President, Chief Executive Officer and Treasurer at TSR, Inc. since March 23, 2020. He served as Acting Chief Executive Officer of TSR, Inc. since Januar...

CEO Compensation Analysis

Compensation vs Market: Tom's total compensation ($USD667.00K) is about average for companies of similar size in the US market ($USD770.27K).

Compensation vs Earnings: Tom's compensation has been consistent with company performance over the past year.

Board Members

Experienced Board: TSRI's board of directors are not considered experienced ( 2.6 years average tenure), which suggests a new board.

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.

Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 9.4%.

Data	Last Updated (UTC time)
Company Analysis	2022/05/19 00:00
End of Day Share Price	2022/05/19 00:00
Earnings	2022/02/28
Annual Earnings	2021/05/31