Equities

Tower Ltd

Tower Ltd

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FinancialsNon-life Insurance
  • Price (NZD)1.31
  • Today's Change0.01 / 0.77%
  • Shares traded320.91k
  • 1 Year change+109.60%
  • Beta0.5401
Data delayed at least 20 minutes, as of Nov 15 2024 04:00 GMT.
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About the company

Tower Limited is a New Zealand-based company, which is engaged in the provision of general insurance. The Company operates in two geographical segments: New Zealand and the Pacific region. The New Zealand segment consists of general insurance business underwritten in New Zealand. The Pacific Islands segment includes general insurance business underwritten in the Pacific by Company’s subsidiaries and branch operations. It offers various types of insurance, such as Car Insurance, House Insurance, Contents Insurance, Contract Works-Renovation cover, Landlord Insurance, Boat Insurance, Business Insurance, Travel Insurance, Pet Insurance, Renter’s Insurance, House and Contents bundle, Electric Vehicle Insurance, Motorbike & Motorcycle Insurance, Lifestyle Block, Caravan or Trailer Insurance, Motorhome, Campervan & RV Insurance, and Multi-Policy Discount. Its subsidiaries include Tower Insurance (Cook Islands) Limited, Tower Insurance (Fiji) Limited, and others.

  • Revenue in NZD (TTM)434.80m
  • Net income in NZD42.21m
  • Incorporated1908
  • Employees850.00
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Peer analysis

Key Information
CompanyRevenue (TTM)Net income (TTM)Market capEmployeesPrice/earnings (TTM)Price/book value (MRQ)Price/cash flow (TTM)Price/sales (TTM)EPS (excl. extraordinary items, TTM)EPS (incl. extraordinary items, TTM)Revenue per share (TTM)Book value per share (MRQ)Asset turnover (TTM)Inventory turnover (TTM)Receivables turnover (TTM)Revenues per employee (TTM)Return on avg assets (TTM)Return on avg assets (5 yr avg)Return on investment (TTM)Return on investment (5 yr avg)Gross margin (TTM)Gross margin
(5 yr avg)
Net profit margin (TTM)Net Profit margin
(5 yr avg)
Quick ratio (MRQ)Interest coverage (TTM)Total debt to capital (MRQ)Payout ratio
(5 yr avg)
Revenue
(YOY change %)
Revenue
(5 yr growth rate)
Net income
(YOY change %)
Net income
(5 yr growth rate)
Capital expenditure
(5 yr growth rate)
Dividend
(5 yr growth rate)
Muang Thai Insurance PCL651.51m33.27m315.02m1.34k9.471.118.370.483511.5711.57226.4698.320.4268----9,978,496.002.182.37--------5.116.14--279.340.020743.1711.716.77-19.109.5429.1112.14
Union Insurance Co Ltd560.28m52.33m370.64m975.007.091.026.560.66154.464.4647.7931.020.4939------4.612.17--------9.344.52--126.900.002229.7819.725.72190.7814.66-19.01--
First Insurance Co Ltd402.41m46.12m379.32m858.008.230.85857.860.94262.922.9225.4928.020.3871----8,976,426.004.442.96--------11.467.58--4,746.600.000353.027.863.8813.855.318.9418.19
Tower Ltd434.80m42.21m504.71m850.0011.961.5123.051.160.11120.10521.150.87950.5183----511,528.305.031.78--------9.713.89--67.650.084970.4315.587.41-86.51--3.59--
Taiwan Fire & Marine Insurance Co Ltd373.82m58.42m533.97m913.009.160.83798.741.433.073.0719.6633.600.302----7,826,582.004.723.40--------15.6311.31----0.003854.6414.426.7745.5811.794.467.63
Anicom Holdings Inc693.58m34.49m572.79m933.0016.141.6712.710.825839.8939.89800.40386.230.9871----67,959,270.004.843.72--------4.903.96--294.000.142611.406.9611.0619.4811.138.1334.49
Allianz Ayudhya Capital PCL433.35m49.43m612.14m760.0012.381.0311.291.412.602.6022.8331.160.3711----11,693,740.004.233.38--------11.4113.97----0.0143122.1327.3529.39-7.144.46--27.93
Dhipaya Group Holdings PCL746.59m75.05m721.56m1.12k9.611.618.540.96652.592.5925.7615.420.2883----13,622,000.002.933.60--------10.1512.92----0.096632.571.7310.4750.912.824.08-18.61
Data as of Nov 15 2024. Currency figures normalised to Tower Ltd's reporting currency: New Zealand Dollar NZD

Institutional shareholders

44.26%Per cent of shares held by top holders
HolderShares% Held
Bain Capital Credit LPas of 30 Sep 202375.90m20.00%
Accident Compensation Corp.as of 21 Oct 202430.06m7.92%
New Zealand Funds Management Ltd.as of 22 Oct 202418.95m4.99%
Salt Funds Management Ltd.as of 21 Oct 202417.74m4.68%
Clarity Funds Management Ltd.as of 24 Jul 202310.32m2.72%
Devon Funds Management Ltd.as of 24 Jul 20236.14m1.62%
Dimensional Fund Advisors LPas of 03 Oct 20244.77m1.26%
Guardians of New Zealand Superannuationas of 30 Jun 20233.10m0.82%
AXA Investment Managers UK Ltd.as of 30 Sep 2024671.65k0.18%
FCA Corp.as of 31 Aug 2024300.00k0.08%
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Data from 30 Jun 2023 - 06 Nov 2024Source: FactSet Research Systems Inc.
Data Provided by LSEG
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