TOWER LIMITED (TWR)
Share Price Analysis and Chart

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TWR

TWR - TOWER LIMITED

FNArena Sector : Insurance
Year End: September
GICS Industry Group : Insurance
Debt/EBITDA: N/A
Index:

LAST PRICE CHANGE +/- CHANGE % VOLUME

$1.695

05 Dec
2025

0.000

OPEN

$1.70

0.000

HIGH

$1.70

34,027

LOW

$1.68

OTHER COMPANIES IN THE SAME SECTOR
AUB . CVW . FCL . GDG . HLI . IAG . MPL . NHF . NOL . QBE . SDF . SUN .
FNARENA'S MARKET CONSENSUS FORECASTS
TWR: 1
Title FY26
Forecast		 FY27
Forecast
EPS (cps) 15.5 xxx
DPS (cps) 10.9 xxx
EPS Growth N/A xxx
DPS Growth N/A xxx
PE Ratio 11.0 xxx
Dividend Yield 6.4% xxx
Div Pay Ratio(%) 70.2% 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: 12/06 - (franking ex-di

HISTORICAL DATA ARE ALL IN AUD
Copyright © 2025 FactSet UK Limited. All rights reserved
Title 202020212022202320242025
EPS Basic xxxxxxxxxxxxxxx21.2
DPS All xxxxxxxxxxxxxxx38.2
Sales/Revenue xxxxxxxxxxxxxxx562.3 M
Book Value Per Share xxxxxxxxxxxxxxx89.7
Net Operating Cash Flow xxxxxxxxxxxxxxx130.9 M
Net Profit Margin xxxxxxxxxxxxxxx13.55 %

EPS Basic

DPS All

Sales/Revenue

Book Value Per Share

Net Operating Cash Flow

Net Profit Margin

Title 202020212022202320242025
Return on Capital Employed xxxxxxxxxxxxxxx23.90 %
Return on Invested Capital xxxxxxxxxxxxxxx22.50 %
Return on Assets xxxxxxxxxxxxxxx13.45 %
Return on Equity xxxxxxxxxxxxxxx23.90 %
Return on Total Capital xxxxxxxxxxxxxxx32.63 %
Free Cash Flow ex dividends xxxxxxxxxxxxxxx82.4 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 202020212022202320242025
Short-Term Debt xxxxxxxxxxxxxxx5 M
Long Term Debt xxxxxxxxxxxxxxx18 M
Total Debt xxxxxxxxxxxxxxx22 M
Goodwill - Gross xxxxxxxxxxxxxxx16 M
Cash & Equivalents - Generic xxxxxxxxxxxxxxx62 M
Price To Book Value xxxxxxxxxxxxxxx1.71

Short-Term Debt

Long Term Debt

Total Debt

Goodwill - Gross

Cash & Equivalents - Generic

Price To Book Value

Title 202020212022202320242025
Capex xxxxxxxxxxxxxxx20.1 M
Capex % of Sales xxxxxxxxxxxxxxx3.57 %
Cost of Goods Sold xxxxxxxxxxxxxxx-
Selling, General & Admin. Exp & Other xxxxxxxxxxxxxxx75 M
Research & Development xxxxxxxxxxxxxxx-
Investments - Total xxxxxxxxxxxxxxx341 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

0.0

No. Of Recommendations

1
BROKER DATE RATING RECOMMENDATION TARGET PRICE % TO REACH TARGET COMMENTARY

Macquarie

28/11/2025

3

Downgrade to Neutral from Outperform

-

-

Macquarie suggests Tower is still delivering rare organic growth, but the late-cycle pricing backdrop and rising catastrophe/expense risk prompt a downgrade to Neutral from Outperform.

Levers are being pulled that are "slightly more risky" with the business guiding to a NZ$45m large event allowance and the broker suspects this will "land at NZ$55m".

FY25 results met guidance and Tower is guiding to more than 7.5% compound growth to FY28, well ahead of forecasts. Macquarie states, "we need to see it to believe it."

Target is raised to NZ$1.80 from NZ$1.70.

FORECAST
Macquarie forecasts a full year FY26 dividend of 10.86 cents and EPS of 15.47 cents.
Macquarie forecasts a full year FY27 dividend of 10.86 cents and EPS of 15.47 cents.
Access Stockbroker Research History >
EXTRA COVERAGE
Display All Commentary

No. Of Recommendations

0

Please note: unlike Broker Call Report, BC Extra is not updated daily. The info you see might not be the latest. FNArena does its best to update ASAP.

BROKER DATE RATING RECOMMENDATION TARGET PRICE % TO REACH TARGET COMMENTARY
Access Extra Coverage Research History >

TWR STOCK CHART

FNArena News on TWR

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