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Tourism Holdings Limited (THL.NZ)

NZD2.88 -0.02 (-0.69%)
NZ NZE Consumer Cyclical Auto - Recreational Vehicles
Address The Beach House 1010
Auckland, NZ
CEO Grant Gareth Webster
IPO 2000-01-04
ISIN NZHELE0001S9

Explore sections of this company profile

Also trades on Australian Securities Exchange · THL.AX (AUD) New Zealand Exchange · THL.NZ (NZD)
Description

Tourism Holdings Limited (THL), an Auckland, New Zealand-headquartered company incorporated in 1984, is a prominent tourism operator with a presence spanning Australia, New Zealand, and the United States. The enterprise functions through distinct segments including New Zealand Rentals, Tourism Group, Australia Rentals, United States Rentals, and Action Manufacturing. A core aspect of its business involves the engineering, production, and sale of recreational vehicles—specifically motorhomes, campervans, and caravans—along with their associated accessories. These vehicles are offered for rent under well-known brands such as Maui, Britz, Mighty, Road Bear RV, Just Go, El Monte RV, and Mighway. Beyond vehicle solutions, THL diversifies its offerings with a range of experiential tourism activities. This includes operating the guided hop-on hop-off bus tours under the Kiwi Experience brand. The company also manages the iconic Waitomo Glowworm, Ruakuri, and Aranui caves, providing opportunities for subterranean exploration, including water rafting through the underground rivers of the Ruakuri cave system. Additionally, it oversees the Waitomo Homestead, a refurbished dining establishment. The company, initially established as The Helicopter Line, adopted its current name, Tourism Holdings Limited, in 1996.

Market Cap & Enterprise Value
Merger & Acquisition History

No mergers or acquisitions recorded for this company.

Technical Outlook
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Signal Summary Loading…
Indicator 1D1W2W3W1M
Each column is computed on that timeframe's candles (1D = daily, 1W ≈ weekly, 1M ≈ monthly), not on the same last day. ▲ bullish · ▼ bearish · — neutral. The Net row counts signals per column; hover any cell (or the indicator name) to see the exact rule behind it.
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
Indicative levels generated algorithmically. Not financial advice.
Risk Profile
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Price Chart
Averages
Trend
Price
Levels
Draw
NZD2.88 -0.02 (-0.69%)
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Volume Profile
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Liquidity & share structure
Average Volume
260.5K
Beta
0.65
Float Shares
170.65M
Free Float %
77.1%
Price Performance
1D5D1M3M6M YTD1Y3Y5Y10YMax
+20.45% +20.45% +28.02% -2.57% +3.92% +2.71% +100.76% -30.81% +2.32% -7.67% +14.72%
Rolling Volatility
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Drawdown
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Relative Strength
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Monthly Returns Heatmap
From To
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Annual Monthly Returns
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Daily Returns Distribution
vs.
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Revenue flow

Revenue by geography

Revenue by segment

From To

Revenue composition

From To

By product

By geography

Financial Statements

Income Statement

Balance Sheet

Cash Flow Statement

Key Metrics

Financial Ratios

Employees

Financial Growth (CAGR)

Market Data

Price Targets & DCF
Current price
2.88
DCF (Unlevered) 29.82 +935.5%

DCF figures are point estimates: small changes in growth or discount-rate assumptions move them materially. Read them as a reference, not a precise target.

Ratings Trend (MoM) 80% Bullish
Rating 2026-05 Change
Strong Buy 1 0
Buy 3 0
Hold 1 0
Sell 0 0
Strong Sell 0 0
Quality scores
Altman Z-Score
2.22
Grey zone
Piotroski F-Score
5 / 9
Average
MOAT Score
2 / 10
No MOAT
Composite Rating
C
Overall Score
2 / 5
Medium
DCF Score
3 / 5
Medium
ROE Score
1 / 5
Low
ROA Score
1 / 5
Low
D/E Score
1 / 5
Low
P/E Score
1 / 5
Low
P/Book Score
4 / 5
High
Operational MOAT
✗ Below peers
  • Revenue growth Auto - Recreational Vehicles: +5.0%
    +1.7% Q4'25: +6.3% (vs Q4'23)
  • EPS growth Auto - Recreational Vehicles: +30.4%
    -166.7% Q4'25: -27.8% (vs Q4'23)
  • FCF margin FCF growth · Auto - Recreational Vehicles: +135.6%
    +12.3% Q4'25: +7.3% (vs Q4'23)
  • EBIT margin Auto - Recreational Vehicles: +6.2%
    +3.6% Q4'25: +40.8% (vs Q4'23)
  • ROIC Auto - Recreational Vehicles: +4.4%
    +2.6% Q4'25: +36.5% (vs Q4'23)
  • Share dilution Auto - Recreational Vehicles: +0.3%
    +0.9% Q4'25: +2.1% (vs Q4'23)
  • Debt / EBITDA Net debt/EBITDA · Auto - Recreational Vehicles: -0.65×
    5.20× Q4'25: 0.93× (vs Q4'23)
Valuation Multiples From To
Price Forecast (3Y) From To
Model
Adjust
P/E
Theoretical Return — If Invested Today

* These projections are based on analyst consensus estimates and user-defined valuation multiples. This table is for informational purposes only and does not constitute a recommendation to buy or sell any security. Past performance is not indicative of future results.

DCF Interactive Model (UFCF)
Projection years:
Market assumptions
WACC components (optional)
Ke (Cost of Equity) = Rf + β (0.61) × ERP
WACC = 43% × Ke + 57% × Kd (6.3%) × (1−t)

Modifying these values recalculates WACC automatically.

Business assumptions
Intrinsic value (base): 29.82 Current price: 2.88
Enterprise Value: Equity Value: Terminal Value: TV as % of EV:

Base values reflect the latest available data for this company and market conditions.

Consensus Estimates
Metric Jun 2015
actual
Jun 2016
actual
Jun 2017
actual
Jun 2018
actual
Jun 2019
actual
Jun 2020
actual
Jun 2021
actual
Jun 2022
actual
Jun 2023
actual
Jun 2024
actual
Jun 2025
actual
Jun 2026
5 Rev. Ana.
3 EPS Ana.
Jun 2027
5 Rev. Ana.
4 EPS Ana.
Jun 2028
5 Rev. Ana.
4 EPS Ana.
Jun 2029
2 Rev. Ana.
1 EPS Ana.
Jun 2030
2 Rev. Ana.
1 EPS Ana.
Revenue
236.60M
est: 236.98M (-0.2%)
278.93M
est: 280.40M (-0.5%)
340.80M
est: 346.20M (-1.6%)
425.88M
est: 420.69M (+1.2%)
423.00M
est: 426.17M (-0.7%)
400.93M
est: 396.51M (+1.1%)
359.17M
est: 349.65M (+2.7%)
345.75M
est: 318.80M (+8.5%)
609.98M
est: 624.17M (-2.3%)
921.73M
est: 835.55M (+10.3%)
937.23M
est: 857.37M (+9.3%)
956.63M
924.45M – 994.74M
+11.6% YoY
1.03B
976.22M – 1.07B
+7.4% YoY
1.10B
1.10B – 1.10B
+7.4% YoY
1.19B
1.14B – 1.24B
+7.8% YoY
1.25B
1.20B – 1.30B
+5.3% YoY
EBITDA
66.30M
est: 42.16M (+57.2%)
73.95M
est: 49.89M (+48.2%)
87.60M
est: 61.59M (+42.2%)
133.98M
est: 74.85M (+79.0%)
114.87M
est: 75.82M (+51.5%)
112.17M
est: 70.54M (+59.0%)
40.48M
est: 62.21M (-34.9%)
53.46M
est: 56.72M (-5.8%)
159.09M
est: 111.05M (+43.3%)
189.62M
est: 148.65M (+27.6%)
145.95M
est: 152.54M (-4.3%)
170.20M
164.47M – 176.98M
+11.6% YoY
182.71M
173.68M – 190.36M
+7.4% YoY
196.25M
195.95M – 196.55M
+7.4% YoY
211.48M
202.64M – 220.13M
+7.8% YoY
222.68M
213.37M – 231.78M
+5.3% YoY
EBIT
35.03M
est: 13.34M (+162.7%)
40.97M
est: 15.78M (+159.7%)
50.44M
est: 19.48M (+158.9%)
85.56M
est: 23.67M (+261.4%)
51.18M
est: 23.98M (+113.4%)
35.57M
est: 22.31M (+59.4%)
-10.90M
est: 19.68M (-155.4%)
4.32M
est: 17.94M (-75.9%)
83.95M
est: 35.12M (+139.0%)
93.85M
est: 47.02M (+99.6%)
33.53M
est: 48.25M (-30.5%)
53.83M
52.02M – 55.97M
+11.6% YoY
57.79M
54.93M – 60.21M
+7.4% YoY
62.07M
61.98M – 62.17M
+7.4% YoY
66.89M
64.09M – 69.62M
+7.8% YoY
70.43M
67.48M – 73.31M
+5.3% YoY
Net Income
20.10M
est: 37.65M (-46.6%)
24.38M
est: 47.01M (-48.1%)
30.18M
est: 53.48M (-43.6%)
62.35M
est: 72.92M (-14.5%)
29.75M
est: 44.84M (-33.6%)
27.36M
est: 31.55M (-13.3%)
-13.68M
est: -21.32M (+35.9%)
-1.48M
est: -8.28M (+82.1%)
49.86M
est: 57.99M (-14.0%)
39.38M
est: 53.06M (-25.8%)
-25.77M
est: 27.99M (-192.1%)
43.98M
40.41M – 47.55M
+57.1% YoY
71.02M
56.76M – 75.55M
+61.5% YoY
85.59M
73.26M – 94.93M
+20.5% YoY
83.97M
79.41M – 88.44M
-1.9% YoY
92.33M
87.31M – 97.23M
+9.9% YoY
SGA
52.56M
est: 29.59M (+77.6%)
33.93M
est: 35.01M (-3.1%)
44.27M
est: 43.22M (+2.4%)
47.85M
est: 52.52M (-8.9%)
49.47M
est: 53.21M (-7.0%)
44.21M
est: 49.51M (-10.7%)
37.86M
est: 43.66M (-13.3%)
51.37M
est: 39.80M (+29.1%)
79.87M
est: 77.93M (+2.5%)
110.29M
est: 104.32M (+5.7%)
112.18M
est: 107.05M (+4.8%)
119.44M
115.42M – 124.20M
+11.6% YoY
128.22M
121.89M – 133.59M
+7.4% YoY
137.72M
137.51M – 137.93M
+7.4% YoY
148.41M
142.21M – 154.48M
+7.8% YoY
156.27M
149.74M – 162.66M
+5.3% YoY
EPS
0.18
est: 0.17 (+5.1%)
0.21
est: 0.21 (-1.8%)
0.25
est: 0.24 (+2.8%)
0.51
est: 0.33 (+53.7%)
0.23
est: 0.20 (+12.8%)
0.19
est: 0.14 (+32.4%)
-0.09
est: -0.10 (+5.4%)
-0.01
est: -0.04 (+74.0%)
0.26
est: 0.26 (-0.6%)
0.18
est: 0.24 (-25.0%)
-0.12
est: 0.13 (-195.1%)
0.20
0.18 – 0.22
+56.7% YoY
0.30
0.26 – 0.34
+51.2% YoY
0.37
0.33 – 0.43
+25.2% YoY
0.38
0.36 – 0.40
+1.9% YoY
0.42
0.40 – 0.44
+9.9% YoY
Historical Ratings (3M)
Date Rating Overall DCF ROE ROA D/E P/E P/B
2026-05-29 C 2/5 3/5 1/5 1/5 1/5 1/5 4/5
2026-05-28 C 2/5 3/5 1/5 1/5 1/5 1/5 4/5
2026-05-27 C 2/5 3/5 1/5 1/5 1/5 1/5 4/5
2026-05-26 C 2/5 3/5 1/5 1/5 1/5 1/5 4/5
2026-05-25 C 2/5 3/5 1/5 1/5 1/5 1/5 4/5
2026-05-22 C+ 2/5 4/5 1/5 1/5 1/5 1/5 4/5
2026-05-21 C 2/5 3/5 1/5 1/5 1/5 1/5 4/5
2026-05-20 C 2/5 3/5 1/5 1/5 1/5 1/5 4/5
2026-05-19 C 2/5 3/5 1/5 1/5 1/5 1/5 4/5
2026-05-18 C 2/5 3/5 1/5 1/5 1/5 1/5 4/5
2026-05-15 C 2/5 3/5 1/5 1/5 1/5 1/5 4/5
2026-05-14 C 2/5 3/5 1/5 1/5 1/5 1/5 4/5
2026-05-13 C 2/5 3/5 1/5 1/5 1/5 1/5 4/5
2026-05-12 C 2/5 3/5 1/5 1/5 1/5 1/5 4/5
2026-05-11 C 2/5 3/5 1/5 1/5 1/5 1/5 4/5
2026-05-08 C+ 2/5 4/5 1/5 1/5 1/5 1/5 4/5
2026-05-07 C+ 2/5 4/5 1/5 1/5 1/5 1/5 4/5
2026-05-06 C+ 2/5 4/5 1/5 1/5 1/5 1/5 4/5
2026-05-05 C 2/5 3/5 1/5 1/5 1/5 1/5 4/5
2026-05-04 C 2/5 3/5 1/5 1/5 1/5 1/5 4/5
2026-05-01 C 2/5 3/5 1/5 1/5 1/5 1/5 4/5
2026-04-30 C 2/5 3/5 1/5 1/5 1/5 1/5 4/5
2026-04-29 C 2/5 3/5 1/5 1/5 1/5 1/5 4/5
2026-04-28 C 2/5 3/5 1/5 1/5 1/5 1/5 4/5
2026-04-24 C 2/5 3/5 1/5 1/5 1/5 1/5 4/5
2026-04-23 C 2/5 3/5 1/5 1/5 1/5 1/5 4/5
2026-04-22 C 2/5 3/5 1/5 1/5 1/5 1/5 4/5
2026-04-21 C 2/5 3/5 1/5 1/5 1/5 1/5 4/5
2026-04-20 C 2/5 3/5 1/5 1/5 1/5 1/5 4/5
2026-04-17 C 2/5 3/5 1/5 1/5 1/5 1/5 4/5
2026-04-16 C 2/5 3/5 1/5 1/5 1/5 1/5 4/5

Owner Earnings

Owner's Earnings (history) From To
Owner alignment
Owner's Earnings TTM
645.61M
OE per share TTM
2.94
Owner's Yield
110.19%
Maintenance CapEx ratio
85.01%
Maint CapEx / Avg PPE
110.0%

Ownership Overview

Ownership breakdown

Ownership breakdown not available.

At a glance
Institutional holders
Total invested
Insider transactions (90d)
0
Beneficial owners (>5%)
0
Beneficial owners (>5%)

No beneficial ownership filings recorded.

Institutional Activity (13F)

Institutional ownership trend

Institutional history not available.

Top institutional holders

Top holders not available.

ETF Ownership

Top ETFs holding this stock Held by 7 ETFs in our universe
# ETF Weight Est. AUM exposure TER
1 Dimensional World ex U.S. Core Equity 2 ETF DFAX 0.00% 156.8K 0.28%
2 Avantis International Small Cap Equity ETF AVDS 0.00% 3.9K 0.30%
3 Dimensional - International Core Equity 2 ETF DFIC 0.00% 84.2K 0.22%
4 Dimensional - International Small Cap ETF DFIS 0.00% 25.6K 0.39%
5 Dimensional - International Vector Equity ETF DXIV 0.00% 811.63 0.53%
6 Dimensional - International Small Cap Value ETF DISV 0.00% 7.3K 0.42%
7 Dimensional - International Core Equity Market ETF DFAI 0.00% 0.18%

Insider Activity

Insider Activity — Latest Quarter

No insider activity available.

Insider buys vs sells (history)

Insider history not available.

Recent insider transactions

No recent insider transactions.

Executive team

Top executives
EBIT / Employee
12.9K
Shares Outstanding
221.20M

Executive compensation

Executive compensation (annual)

Executive compensation not available.

CEO compensation breakdown

No CEO compensation history available.

Proxy statements

Proxy statements (DEF 14A)

No proxy statements available for this company yet.

Recent SEC filings

Recent SEC filings

No SEC filings available for this company yet.

Executive team

NameTitleCompensationGender
Grant Gareth Webster Chief Executive Officer & Executive Director 1M male
Cameron Allcock Head of Health, Safety & Wellbeing male
Catherine Meldrum Group Chief Operating Officer female
Chris Devoy Chief Executive Officer of Action Manufacturing male
Jo Hilson Chief Technology Officer female
Kathryn Munro Chief Commercial Officer & Chief Marketing Officer female
Kristen Evans Chief Operating Officer of Canada female
Matthew Harvey Chief Operating Officer of New Zealand male
Nick Roach Chief Operating Officer of United Kingdom male
Ollie Farnsworth Chief Financial Officer male
Stacey Davis Chief Operating Officer of Australia female
Amir Ansari General Manager of Investor Relations & Group Planning male
ESG Score History

No data available for this company.

Senate Trading Activity

No Senate trading activity found for this company.

House Trading Activity

No House trading activity found for this company.

Market share among peers
Peer comparison — filtered group (TTM)
Your opinion

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Dividend yield history

Dividend history

Earnings history

Earnings reports

Stock splits