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Tassal Group Limited is a farm products business based in Australia. Tassal shares (TGR) are listed on the Australian Securities Exchange (ASX) and all prices are in Australian Dollars. Tassal has a trailing 12-month revenue of around $587.9 million. If you're looking to buy shares, check out the steps below.
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| 52-week range | $3.0358 - $3.8919 |
|---|---|
| 50-day moving average | $3.5291 |
| 200-day moving average | $3.5637 |
| Target price | $4.77 |
| PE ratio | 21.3415 |
| Dividend yield | $0.14 (4.02%) |
| Earnings per share (TTM) | $0.164 |
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.
Historical closes compared with the last close of A$3.44
| 1 week (2021-09-17) | -1.71% |
|---|---|
| 1 month (2021-08-25) | -4.44% |
| 3 months (2021-06-25) | -8.27% |
| 6 months (2021-03-25) | -1.15% |
| 1 year (2020-09-25) | -2.55% |
|---|---|
| 2 years (2019-09-25) | -18.68% |
| 3 years (2018-09-25) | -22.70% |
| 5 years (2016-09-23) | -15.27% |
Valuing Tassal stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Tassal's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
Tassal's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 21x. In other words, Tassal shares trade at around 21x recent earnings.
That's relatively low compared to, say, the P/E ratio for the ASX over the 12 months to December 2019 (32.14). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.
Tassal's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $117.4 million (£0.0 million).
The EBITDA is a measure of a Tassal's overall financial performance and is widely used to measure a its profitability.
| Revenue TTM | $587.9 million |
|---|---|
| Operating margin TTM | 12.69% |
| Gross profit TTM | $292.8 million |
| Return on assets TTM | 2.95% |
| Return on equity TTM | 4.36% |
| Profit margin | 5.89% |
| Book value | 3.77 |
| Market capitalisation | $743.2 million |
TTM: trailing 12 months
Dividend payout ratio: 87.5% of net profits
Recently Tassal has paid out, on average, around 87.5% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 4% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Tassal shareholders could enjoy a 4% return on their shares, in the form of dividend payments. In Tassal's case, that would currently equate to about A$0.14 per share.
Tassal's payout ratio would broadly be considered high, and as such this stock could appeal to those looking to generate an income. Bear in mind however that companies should normally also look to re-invest a decent amount of net profits to ensure future growth.
The latest dividend was paid out to all shareholders who bought their shares by 13 September 2021 (the "ex-dividend date").
Over the last 12 months, Tassal's shares have ranged in value from as little as $3.0358 up to $3.8919. A popular way to gauge a stock's volatility is its "beta".
Beta is a measure of a share's volatility in relation to the market. The market (AU average) beta is 1, while Tassal's is 0.492. This would suggest that Tassal's shares are less volatile than average (for this exchange).
Tassal Group Limited, together with its subsidiaries, engages in the hatching, farming, processing, marketing, and sale of Atlantic salmon and tiger prawns in Australia. It offers fresh, smoked, canned, and frozen salmon; and Australian black tiger prawns. The company also procures, processes, markets, and sells salmon, prawns, and other seafood species. It provides its products under the Tassal, Tropic Co, Superior Gold, Tasmanian Smokehouse, and De Costi Seafoods brands through retail and wholesale channels. The company also exports its products. Tassal Group Limited was founded in 1986 and is headquartered in Hobart, Australia.
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