Flags

Earnings warningFinancial distress

Tourism

NZC:THL · NZHELE0001S9

Diversified Consumer ServicesMedium

360

Value61

Profit price47

EV / EBIT75

Price / Owner Earnings19

Cash yield76

Owner Earnings Yield62

Dividend Yield89

Sales & asset price87

Price/Sales84

EV / Gross Profit92

Price/Book84

Quality62

Returns on capital45

Return on Capital58

Cash Return on Capital59

Return on Equity17

Profit margins77

EBIT Margin58

Gross Profitability96

Cash backing74

Accruals78

Owner Earnings Margin70

Growth60

Sales growth7

Profit growth58

Profit Growth40

Long-Term EPS Growth39

Owner Earnings Growth96

Reinvestment1

Price momentum99

Safety41

Debt load25

Debt serviceability60

Refinancing95

Debt Payback24

Liquidity37

Sentiment43

Analyst ratings15

Expectations trend50

Opinion Changes50

Price Target Upside50

Market mood69

Value Creation6/20not creating value

Creates more value than its capital costs
Owner earnings growing
Owner earnings per share growing
Reinvests at strong returns
Solid earnings base

What this means

Tourism doesn't consistently earn more than its cost of capital, so it isn't yet creating shareholder value.

Profile

CountryNew Zealand

IndustryDiversified Consumer Services

SizeMedium

TypePublic Company

ExchangeNZSE

Founded1984

Employees301

Websitethlonline.com

ISINNZHELE0001S9

Last UpdateApr 2, 2026

Indices

NZSX 50 (New Zealand)

Themes

Adventure TravelFleet ManagementVacation RentalTourismTravel AccommodationsCar SharingRental

Description

Tourism Holdings Limited operates as a tourism company. Business Segments The company operates through various segments that focus on travel, rental services, and tourism experiences. The Vehicle rental segment, the company’s offerings include a d…

Analysis

Middle-of-the-road

Tourism Holdings Limited sits in the middle of our grid: average quality, average price, no obvious signal in either direction.

On valuation, the picture is fair. The owner-earnings multiple stands at 17.7×; owner earnings: the cash an owner could take out each year.

Growth is moderate; the safety picture is adequate. The company scores 6/20 on our value-creation score: not creating value.

No flags apply to this company at this time: accounts, balance sheet, and cash quality all pass. A clean bill of health is meaningful, not just the absence of a warning. This analysis describes numbers; it is not investment advice.

360° rank · history

1007550250

2023202420252026

All-time high

Mar 2026

All-time low

Jun 2025

Average rank

across all years

Detailed & Historical Ranks

Deep dive into 15 detailed ranks and 3 years of history.

Current202520242023

Price/Sales

Price/Earnings

100

Price/Book

Dividend Yield

Value (overall)

100

Cells are coloured by rank band (red weak → green strong). Sentiment & 360° history begins 2023.

Similar Stocks

The companies this stock is ranked against.

Compare Tourism with its peers

CTM

ASX:CTD

CountryAustralia