NASDAQ: TIOTingo Group Inc Stock
$2.55-0.38 (-12.97%)
Updated Jun 5, 2023
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Why Price MovedTIO Price
$2.55
Fair Value Price
$4.04
Market Cap
$417.50M
52 Week Low
$0.54
52 Week High
$5.69
P/E
3.15x
P/B
0.45x
P/S
0.17x
PEG
N/A
Dividend Yield
N/A
Revenue
$987.72M
Earnings
$138.36M
Gross Margin
45.6%
Operating Margin
26.69%
Profit Margin
14%
Debt to Equity
1.58
Operating Cash Flow
$297M
Beta
0.41
Next Earnings
N/A
Ex-Dividend
N/A
Next Dividend
N/A
TIO Overview
Tingo Group, Inc. engages in the financial technology and agri-fintech businesses delivering financial inclusion and financial upliftment to rural farming communities in Africa, Southeast Asia, and the Middle East. The company operates through Verticals and Technology, Online Stock Trading, Comprehensive Platform Service segments. Its platform service through use of smartphones device as a service and pre-loaded platform product; Nwassa platform, a digital agriculture ecosystem that empowers rural farmers and agri-businesses; and insurance platform, an online automobile insurance after-market service to connect automobile insurance customers with auto repair shops and auto wash stores nationwide, as well as provide customers auto membership services, including online gas card recharge, online shopping, insurance claim settlements, roadside assistance, car wash appointment and maintenance and promotion coupons, insurance loyalty points, and other related supporting services for insurance members. The company also offers TingoPay, a B2C and B2B fintech platform and super-app that offers payment services, an e-wallet, foreign exchange, and merchant services; Tingo Foods, a food processing business that processes raw foods into finished products such as rice, pasta, and noodles; and Tingo DMCC, a commodity trading platform and agricultural commodities export business. In addition, it provides Magpie Invest, a proprietary technology investment trading platform offers margin financing services, as well as offers smart phone leasing, an agri-marketplace, airtime top ups, utility payment services, bill-pay and e-wallet, insurance products, and access to finance and lending services. The company was formerly known as MICT, Inc. and changed its name to Tingo Group, Inc. in February 2023. Tingo Group, Inc. is based in Montvale, New Jersey.
Zen Score
–
Industry Average (33)
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Due Diligence Checks
TIO ($2.55) is undervalued by 36.85% relative to our estimate of its Fair Value price of $4.04 based on Discounted Cash Flow (DCF) modelling, but does not have a significant margin of safety
Below Fair Value Valuation
TIO ($2.55) is significantly undervalued by 36.85% relative to our estimate of its Fair Value price of $4.04 based on Discounted Cash Flow (DCF) modelling, which includes a healthy margin of safety
Significantly Below Fair Value Valuation
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P/E vs Market Valuation
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TIO News
Valuation
TIO fair value
Fair Value of TIO stock based on Discounted Cash Flow (DCF)
Price
$2.55
Fair Value
$4.04
Undervalued by
36.85%
TIO ($2.55) is undervalued by... subscribe to Premium to read more.
Below Fair Value Valuation
TIO ($2.55) is significantly undervalued... subscribe to Premium to read more.
Significantly Below Fair Value Valuation
TIO price to earnings (PE)
For valuing profitable companies with steady earnings
Company
3.15x
Industry
17.26x
Market
53.21x
TIO is good value based... subscribe to Premium to read more.
P/E vs Industry Valuation
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P/E vs Market Valuation
TIO price to book (PB)
For valuing companies that are loss-making or have lots of physical asset
Company
0.45x
Industry
8.17x
TIO is good value based... subscribe to Premium to read more.
P/B vs Industry Valuation
TIO's financial health
Profit margin
Revenue
$851.2M
Net Income
$176.7M
Profit Margin
20.8%
TIO's Earnings (EBIT) of $263.65M... subscribe to Premium to read more.
Interest Coverage Financials
TIO's profit margin has increased... subscribe to Premium to read more.
Profit Margin Growth Financials
Assets to liabilities
Assets
$2.4B
Liabilities
$1.5B
Debt to equity
1.58
TIO's short-term assets ($1.16B) exceed... subscribe to Premium to read more.
Short-term Liabilities Financials
TIO's short-term assets ($1.16B) exceed... subscribe to Premium to read more.
Long-term Liabilities Financials
TIO's debt relative to shareholder... subscribe to Premium to read more.
Shrinking Debt Financials
TIO's debt to equity ratio... subscribe to Premium to read more.
Healthy Debt to Equity Financials
Cash flow
Operating
$242.8M
Investing
$56.8M
Financing
-$8.3M
TIO's operating cash flow ($297.17M)... subscribe to Premium to read more.
Debt Coverage Financials
TIO vs Computer Hardware Stocks
Tingo Group Stock FAQ
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