TOURISM HOLDINGS LIMITED (THL)
Share Price Analysis and Chart

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THL - TOURISM HOLDINGS LIMITED

FNArena Sector : Travel, Leisure & Tourism
Year End: June
GICS Industry Group : Transportation
Debt/EBITDA: 1.65
Index: ALL-ORDS

LAST PRICE CHANGE +/- CHANGE % VOLUME

$3.20

07 Dec
2023

-0.200

OPEN

$3.35

-5.88%

HIGH

$3.35

53,588

LOW

$3.20

TARGET
$5.02 56.9% upside
Franking for last dividend paid out: 21%
OTHER COMPANIES IN THE SAME SECTOR
AIA . AIZ . ALG . CHL . CTD . EVT . EXP . FLT . HLO . KLS . QAN . SDR . SKO . SST . VGL . VVA . WEB .
FNARENA'S MARKET CONSENSUS FORECASTS
THL: 1
Title FY24
Forecast		 FY25
Forecast
EPS (cps) 35.2 xxx
DPS (cps) 15.7 xxx
EPS Growth N/A xxx
DPS Growth N/A xxx
PE Ratio 9.1 xxx
Dividend Yield 4.9% xxx
Div Pay Ratio(%) 44.7% xxx
This company reports in NZD.
All estimates have been converted into AUD by FNArena at present FX values.

Dividend yield today if purchased 3 years ago: N/A

DIVIDEND YIELD CALCULATOR

Dividend Yield Today On Last Actual Payout :

 N/A

Estimated Dividend Growth
(Average Of Past Three Years)

Amount Invested

 $ 

Tell Me The Dividend After This Many Years
Past performance is no guarantee for the future. Investors should take into account that heavy swings in share price or exceptional circumstances (a la 2009) can have a significant impact on short term calculations and averages

Last ex-div: 14/09 - ex-div 13.81c (franking 21%)

HISTORICAL DATA ARE ALL IN AUD
Copyright © 2023 FactSet UK Limited. All rights reserved
Title 201820192020202120222023
EPS Basic xxxxxxxxxxxxxxx24.1
DPS All xxxxxxxxxxxxxxx16.1
Sales/Revenue xxxxxxxxxxxxxxx607.4 M
Book Value Per Share xxxxxxxxxxxxxxx262.7
Net Operating Cash Flow xxxxxxxxxxxxxxx-56.2 M
Net Profit Margin xxxxxxxxxxxxxxx7.51 %

EPS Basic

DPS All

Sales/Revenue

Book Value Per Share

Net Operating Cash Flow

Net Profit Margin

Title 201820192020202120222023
Return on Capital Employed xxxxxxxxxxxxxxx10.58 %
Return on Invested Capital xxxxxxxxxxxxxxx6.64 %
Return on Assets xxxxxxxxxxxxxxx5.14 %
Return on Equity xxxxxxxxxxxxxxx10.58 %
Return on Total Capital xxxxxxxxxxxxxxx30.25 %
Free Cash Flow ex dividends xxxxxxxxxxxxxxx-62.6 M

Return on Capital Employed

Return on Invested Capital

Return on Assets

Return on Equity

Return on Total Capital

Free Cash Flow ex dividends

Title 201820192020202120222023
Short-Term Debt xxxxxxxxxxxxxxx121 M
Long Term Debt xxxxxxxxxxxxxxx359 M
Total Debt xxxxxxxxxxxxxxx480 M
Goodwill - Gross xxxxxxxxxxxxxxx182 M
Cash & Equivalents - Generic xxxxxxxxxxxxxxx71 M
Price To Book Value xxxxxxxxxxxxxxx1.36

Short-Term Debt

Long Term Debt

Total Debt

Goodwill - Gross

Cash & Equivalents - Generic

Price To Book Value

Title 201820192020202120222023
Capex xxxxxxxxxxxxxxx11.1 M
Capex % of Sales xxxxxxxxxxxxxxx1.83 %
Cost of Goods Sold xxxxxxxxxxxxxxx299 M
Selling, General & Admin. Exp & Other xxxxxxxxxxxxxxx80 M
Research & Development xxxxxxxxxxxxxxx-
Investments - Total xxxxxxxxxxxxxxx24 M

Capex

Capex % of Sales

Cost of Goods Sold

Selling, General & Admin. Exp & Other

Research & Development

Investments - Total

EXPERT VIEWS
Display All Commentary

Sentiment Indicator

1.0

No. Of Recommendations

3
BROKER DATE RATING RECOMMENDATION TARGET PRICE % TO REACH TARGET COMMENTARY

Ord Minnett

xx/xx/xxxx

1

xxx

-

xx.xx%

Broker commentary and detailed analysis is available for Full Members Only.
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UBS

13/10/2023

1

Initiation of coverage with Buy

-

-

New Zealand-based global tourism operator Tourism Holdings Rentals has benefitted from tight market supply and strong market share, outperforming the NZX50 by 6% year-to-date. UBS, however, expects the coming twelve months may prove more challenging. 

Alongside the inevitable impacts of a softening economic backdrop, the broker expects rental yields and sales gross margins are likely at a peak in most of the company's geographies, and suggest a potential -13% downside risk to FY25 consensus earnings. 

The broker initiates with a Neutral rating and a target price of NZ$3.80.

FORECAST
UBS forecasts a full year FY24 dividend of 20.00 cents and EPS of 39.00 cents.
UBS forecasts a full year FY25 dividend of 22.00 cents and EPS of 41.00 cents.

Morgans

xx/xx/xxxx

1

xxx

$xx.xx

xx.xx%

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Access Stockbroker Research History >

THL STOCK CHART

FNArena News on THL

1
Australian Broker Call *Extra* Edition – Oct 26, 2023

Oct 26 2023 - Daily Market Reports
2
Rudi’s View: Yield Is Back

Oct 18 2023 - Rudi's View
3
Rudi’s View: CSL, ResMed, Domino’s Pizza, Helloworld, Iress and Liontown

Oct 11 2023 - Rudi's View
4
Australian Broker Call *Extra* Edition – Sep 07, 2023

Sep 07 2023 - Daily Market Reports
5
Rudi’s View: Outlook Negative, With Plenty Of Silver Linings

Sep 06 2023 - Rudi's View

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Aug 02 2023 - Small Caps
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Aug 19 2022 - Small Caps
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Jun 07 2022 - Australia
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Treasure Chest: Kelsian Group

Dec 03 2021 - Treasure Chest