How to buy Tabcorp (TAH) shares

Learn how to easily invest in Tabcorp shares.

Tabcorp Holdings Limited
AU: TAH - AUD
GAMBLING
A$4.78
- A$0.04 ( - 0.83%)

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Tabcorp Holdings Limited is a gambling business based in Australia. Tabcorp shares (TAH) are listed on the Australian Securities Exchange (ASX) and all prices are in Australian Dollars. Tabcorp has a trailing 12-month revenue of around $5.7 billion. If you're looking to buy shares, check out the steps below.

How to buy shares in Tabcorp

  1. Compare share trading platforms. To buy shares listed in Australia, you'll need to sign up to a broker with access to the Australian Securities Exchange (ASX). Our table below can help you choose.
  2. Open and fund your brokerage account. Complete an application with your personal and financial details, like your ID and tax file number. Fund your account with a bank transfer, PayPal or debit card.
  3. Search for Tabcorp. Find the share by name or ticker symbol: TAH. Research its history to confirm it's a solid investment against your financial goals.
  4. Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until Tabcorp reaches your desired price. To spread out your risk, look into dollar-cost averaging, which smooths out buying at consistent intervals and amounts.
  5. Decide on how many to buy. At today's price, weigh your budget against a diversified portfolio that can minimise risk through the market's ups and downs.
  6. Check in on your investment. Congratulations, you own a part of Tabcorp. Optimise your portfolio by tracking how your stock — and even the business — performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights on directors and management that can affect your stock.

Tabcorp stock price (ASX:TAH)

Use our graph to track the performance of TAH stocks over time.

Tabcorp shares at a glance

Information last updated 2021-09-26.
52-week range$3.142 - $5.225
50-day moving average $4.8809
200-day moving average $4.9302
Target price$5.46
PE ratio 39.187
Dividend yield $0.145 (2.97%)
Earnings per share (TTM) $0.123

Compare share trading platforms

The value of your investments can fall as well as rise and you may get back less than you invested. Past performance is no indication of future results.
Name Product Standard brokerage fee Inactivity fee Markets
IG Share Trading
AUD $8 or 0.1%
$50 per quarter if you make fewer than three trades in that period
ASX shares, Global shares
$0 brokerage for US and global shares plus get an active trader discount of $5 commission on Australian shares.
Enjoy some of the lowest brokerage fees on the market when trading Australian shares, international shares, plus get access to 24-hour customer support.
Superhero share trading
AUD $5
No
ASX shares, US shares
Australia’s lowest-cost broker for ASX shares and ETFs.
Pay zero brokerage on US stocks and all ETFs and just $5 (flat fee) to trade Australian shares from your mobile or desktop.
ThinkMarkets Share Trading
AUD $8
No
ASX shares
Limited-time offer: Get 10 free ASX trades ($0 brokerage) when you open a share trading account with ThinkMarkets(T&Cs apply).$8 flat fee brokerage for CHESS Sponsored ASX stocks (HIN ownership), plus free live stock price data on an easy to use mobile app.
Saxo Capital Markets (Classic account)
AUD $5
No
ASX shares, Global shares, Forex, CFDs, Margin trading, Options trading, ETFs
Access 19,000+ stocks on 40+ exchanges worldwide
Low fees for Australian and global share trading, no inactivity fees, low currency conversion fee and optimised for mobile.
HSBC Online Share Trading
AUD $19.95
No
ASX shares, mFunds, ETFs, Bonds
Limited time offer: Get up to $100 in brokerage rebates on your first 5 trades when you sign up to a HSBC Online Share Trading account (T&Cs apply). Make trades online with brokerage fees starting from just $19.95 with an HSBC Online Share Trading account. Plus gain access to complimentary expert research, trading ideas and tools.
Bell Direct Share Trading
AUD $15
No
ASX shares, mFunds, ETFs
Invest in Australian shares, options and managed funds from the one account with no inactivity fee.
Bell Direct offers a one-second placement guarantee on market-to-limit ASX orders or your trade is free, plus enjoy extensive free research reports from top financial experts.
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Compare up to 4 providers

Is it a good time to buy Tabcorp stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

Tabcorp price performance over time

Historical closes compared with the last close of A$4.82

1 week (2021-09-21) -0.41%
1 month (2021-08-27) 0.21%
3 months (2021-06-28) -7.66%
6 months (2021-03-26) 4.82
1 year (2020-09-28) 39.31%
2 years (2019-09-27) -1.03%
3 years (2018-09-28) -1.03%
5 years (2016-09-28) -4.55%

Is Tabcorp under- or over-valued?

Valuing Tabcorp stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Tabcorp's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

Tabcorp's P/E ratio

Tabcorp's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 39x. In other words, Tabcorp shares trade at around 39x recent earnings.

That's relatively high compared to, say, the P/E ratio for the ASX over the 12 months to December 2019 (32.14). The high P/E ratio could mean that investors are optimistic about the outlook for the shares or simply that they're over-valued.

Tabcorp's EBITDA

Tabcorp's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $888 million (£0.0 million).

The EBITDA is a measure of a Tabcorp's overall financial performance and is widely used to measure a its profitability.

Tabcorp financials

Revenue TTM $5.7 billion
Operating margin TTM 11.77%
Gross profit TTM $5.7 billion
Return on assets TTM 3.44%
Return on equity TTM 4.23%
Profit margin 4.73%
Book value 3.023
Market capitalisation $10.7 billion

TTM: trailing 12 months

Tabcorp share dividends

1%

Dividend payout ratio: 1.12% of net profits

Recently Tabcorp has paid out, on average, around 1.12% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 2.9% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Tabcorp shareholders could enjoy a 2.9% return on their shares, in the form of dividend payments. In Tabcorp's case, that would currently equate to about A$0.145 per share.

While Tabcorp's payout ratio might seem low, this can signify that Tabcorp is investing more in its future growth.

The latest dividend was paid out to all shareholders who bought their shares by 24 August 2021 (the "ex-dividend date").

Tabcorp share price volatility

Over the last 12 months, Tabcorp's shares have ranged in value from as little as $3.142 up to $5.225. A popular way to gauge a stock's volatility is its "beta".

TAH.AU volatility(beta: 1.29)Avg. volatility(beta: 1.00)LowHigh

Beta is a measure of a share's volatility in relation to the market. The market (AU average) beta is 1, while Tabcorp's is 1.2862. This would suggest that Tabcorp's shares are more volatile than the average for this exchange and represent, relatively-speaking, a higher risk (but potentially also market-beating returns).

Tabcorp overview

Tabcorp Holdings Limited, together with its subsidiaries, provides gambling and entertainment services in Australia. Its Lotteries and Keno segment operates lotteries and Kenos primarily under the Set for Life, Powerball, Oz Lotto, TattsLotto, Saturday Lotto, Gold Lotto, X Lotto, Monday and Wednesday Lotto, Lucky Lotteries, Lotto Strike, Super 66, Keno, and Instant Scratch-Its brands. The company's Wagering and Media segment offers totalizator and fixed odds betting on racing, sports, and other events; and operates through a network of TAB agencies, hotels and clubs, and on-course operations, as well as through retail, Internet, mobile devices, and phone. It also provides Trackside, a computer simulate racing product; and international wagering and pooling services. In addition, this segment engages in the Three Sky Racing television channels broadcasting thoroughbred, and harness and greyhound racing to audiences; Three Sky Sports television channels broadcasting various sports to audiences; and advertising and sponsorship arrangement, and broadcasting racing activities, as well as operates Sky Racing Active, a digital app providing Sky Racing's live and on-demand racing content across thoroughbred, and harness and greyhound racing; and Sky Sports Radio network. Its Gaming Services segment offers electronic gaming machine (EGMs) monitoring and related services under the MAX Regulatory Services brand. This segment also provides EGM and systems supply and expertise; specialized services and strategic advice to licensed gaming venues; value-add services to venues, such as gaming and loyalty systems, business intelligence tools, and cashless and ticket in ticket out services; and logistics, installation, and relocation services, as well as EGMs, lottery and wagering terminals, and other transaction device repair and maintenance services under the MAX Venue Services brand. The company was founded in 1881 and is based in Melbourne, Australia.

Tabcorp in the news

There are no recent company news

Frequently asked questions

Disclaimer: This information should not be interpreted as an endorsement of futures, stocks, ETFs, CFDs, options or any specific provider, service or offering. It should not be relied upon as investment advice or construed as providing recommendations of any kind. Futures, stocks, ETFs and options trading involves substantial risk of loss and therefore are not appropriate for all investors. Trading CFDs comes with a higher risk of losing money rapidly due to leverage. Past performance is not an indication of future results. Consider your own circumstances, and obtain your own advice, before making any trades.

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