Trade Me Group Limited (TME) - Research

$6.030
Prices as at 16:40, 18 Apr 2019

TME Current Share Price+

Current Price $6.030
Open $6.040
High $6.040
Low $6.010
Last Close $6.030
Volume 1075255
Price Movement - ( No change )
  • +Security prices are delayed by at least 20 minutes and are indicative only.

TME General Information

Trade Me Group Limited
TME
http://www.trademe.co.nz
Internet & Direct Marketing Retail
2,393
397
Trade Me Group Limited
(TME)
BUY
below
HOLD
up to
SELL
above
Current Price
$6.030 as at 16:40, 18 Apr 2019
Price at review
$6.030 on 14 Mar 19
Max Portfolio Weighting
Business Risk
Share Price Risk

TME Related Research

TME Company Overview

Business Description

Trade Me Group Limited (TME) is an online marketplace and classified advertising platform in New Zealand, with auctions and fixed price sales for new and used goods, as well as automotive, real estate and employment businesses. TME also has web businesses specialising in accommodation, dating and travel. TME operates three divisions namely, General Item, Classifieds and Other segment.

TME Financial Summary

Year to Jun NPAT EPS EPS chg (%) PER DPS Yield (%) Franking (%)
2020 F 104.67 26.36 8.40% 22.87 20.91 3.47% 0.0%
2019 F 96.55 24.32 24.90% 24.80 19.09 3.17% 0.0%
2018 A 77.29 19.47 4.00% 22.23 33.28 7.69% 0.0%

TME Peer Comparison

Company Mkt Cap EPS Growth (%) P/E (%) Dividend Yield (%)
2018 A 2019 F 2020 F 2018 A 2019 F 2020 F 2018 A 2019 F 2020 F
Kogan.com (KGN) $423M 3.1484 0.0000 0.0000 29.8675 0.0000 0.0000 2.88% 0.00% 0.00%
Trade Me Group (TME) $2,385M 0.0013 0.1519 0.0794 26.9386 23.3852 21.6655 2.99% 3.34% 3.66%
Webjet (WEB) $2,252M 0.4506 0.7472 0.4801 45.2959 25.9248 17.5156 1.19% 1.46% 2.49%

TME Market Comparison

Earnings P/E Ratio P/B Ratio P/E Growth
Company 1.15 24.10 3.49 2.10
Market 0.67 14.50 1.21 1.11
Sector 0.61 12.20 2.04 2.10

TME Directors

Name Position Start Date
Mr David Edward Kirk Non-Executive Chairman, Non-Executive Director 13 Oct 2011
Ms Joanna Mary Gordon Perry Non-Executive Director 13 Oct 2011
Mr Paul McCarney Non-Executive Director 5 Nov 2012
Ms Katrina Louise Johnson Non-Executive Director 23 Jun 2016
Mr Simon Blair West Non-Executive Director 15 Dec 2016

TME Management

Name Position
Jon Macdonald Chief Executive Officer
Sarah Hard Company Secretary

TME Substantial Shareholders

Holding Name
47,583,295 (11.86%) Pinnacle Investment Management Group Limited
36,263,354 (9.13%) Commonwealth Bank of Australia
21,666,179 (5.46%) Schroder Investment Management Australia Limited

TME Calendar of Events

Date Event
26 February 2020 Report (Interim)
21 August 2019 Report (Annual)
21 August 2019 Report (Prelim)

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