How to buy Tassal (TGR) shares

Learn how to easily invest in Tassal shares.

Tassal Group Limited
AU: TGR - AUD
FARM PRODUCTS
A$3.37
+A$0.02 (+0.60%)

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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 $576.6 million. If you're looking to buy shares, check out the steps below.

How to buy shares in Tassal

  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 Tassal. Find the share by name or ticker symbol: TGR. 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 Tassal 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 Tassal. 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.

Tassal stock price (ASX:TGR)

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

Tassal shares at a glance

Information last updated 2021-07-24.
52-week range$3.0966 - $3.97
50-day moving average $3.53
200-day moving average $3.5273
Target price$4.77
PE ratio 12.6692
Dividend yield $0.16 (4.78%)
Earnings per share (TTM) $0.266

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
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IG Share Trading
AUD $8 or 0.1%
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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
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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.
CMC Markets Stockbroking
AUD $11 or 0.1%
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ASX shares, Global shares, mFunds, ETFs
$0 brokerage on global shares including US, UK and Japan markets.
Trade up to 9,000 products, including shares, ETFs and managed funds, plus access up to 15 major global and Australian stock exchanges.
Bell Direct Share Trading
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Bell Direct Share Trading
AUD $15
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ASX shares, mFunds, ETFs
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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.
Saxo Capital Markets (Classic account)
AUD $6.99
No
ASX shares, Global shares, Forex, CFDs, Margin trading, Options trading, ETFs
Acess 19,000+ stocks on 37 exchanges worldwide
Low fees for Australian and global share trading, no inactivity fees, low currency conversion fee and optimised for mobile.
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Is it a good time to buy Tassal 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.

Tassal price performance over time

Historical closes compared with the last close of A$3.73

1 month (2021-06-25) -0.53%
3 months (2021-04-23) -3.12%

Is Tassal under- or over-valued?

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 P/E ratio

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 13x. In other words, Tassal shares trade at around 13x 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

Tassal's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $132.6 million.

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

Tassal financials

Revenue TTM $576.6 million
Operating margin TTM 15.68%
Gross profit TTM $293.2 million
Return on assets TTM 3.74%
Return on equity TTM 7.09%
Profit margin 9.7%
Book value 3.81
Market capitalisation $715.6 million

TTM: trailing 12 months

Tassal share dividends

59%

Dividend payout ratio: 59.26% of net profits

Recently Tassal has paid out, on average, around 59.26% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 4.15% 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 4.15% return on their shares, in the form of dividend payments. In Tassal's case, that would currently equate to about A$0.16 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 11 March 2021 (the "ex-dividend date").

Tassal share price volatility

Over the last 12 months, Tassal's shares have ranged in value from as little as $3.0966 up to $3.97. 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 0.4902. This would suggest that Tassal's shares are less volatile than average (for this exchange).

Tassal overview

Tassal Group Limited, together with its subsidiaries, engages in the hatching, farming, processing, marketing, and sale of Atlantic salmon and tiger prawns in Australia. The company offers fresh, smoked, canned, and frozen salmon; and Australian black tiger prawns. It also procures, processes, markets, and sells salmon, prawns and other seafood species. The company provides its products under the Tassal, Tropic Co, Superior Gold, Tasmanian Smokehouse, and De Costi Seafoods brands through retail and wholesale channels. It also exports its products. Tassal Group Limited was founded in 1986 and is headquartered in Hobart, Australia.

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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