Our top pick for
US stocks
We’re reader-supported and may be paid when you visit links to partner sites. We don’t compare all products in the market, but we’re working on it!
Tassal 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 $714.3 million. If you're looking to buy shares, check out the steps below.
How to buy shares in Tassal
- Compare share trading platforms. To buy shares listed in Australia, you'll need to sign up to a broker with access to the ASX. Our table can help you choose.
- Open and fund your brokerage account. Complete an application with your personal and financial details, such as your ID and tax file number. Fund your account with a bank transfer, PayPal or debit card.
- 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.
- 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. Look into dollar-cost averaging to spread out your risk, which smooths out buying at consistent intervals and amounts.
- 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.
- Check on your investment. Congratulations, you own a part of Tassal. Optimise your portfolio by tracking how your stock and 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 affect your stock.
Our top pick for
Best overall broker
Our top pick for
Best low-cost broker
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 2022-06-22.
| 52-week range | $3.0744 - $3.79 |
|---|---|
| 50-day moving average | $3.661 |
| 200-day moving average | $3.5199 |
| Target price | $4.03 |
| PE ratio | 17.3399 |
| Dividend yield | $0.15 (4.46%) |
| Earnings per share (TTM) | $0.203 |
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.
1 - 10 of 10
Is it a good time to buy Tassal stock?
The technical analysis gauge below displays real-time ratings for the timeframes you select. However, this is not a recommendation. 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$3.85
| 1 week (2022-06-17) | 7.54% |
|---|---|
| 1 month (2022-05-25) | 4.34% |
| 3 months (2022-03-25) | 8.45% |
| 6 months (2021-12-24) | 12.24% |
| 1 year (2021-06-25) | 2.67% |
|---|---|
| 2 years (2020-06-25) | 3.77% |
| 3 years (2019-06-25) | -22.85% |
| 5 years (2017-06-23) | 2.39% |
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 17x. In other words, Tassal shares trade at around 17x 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 $140.7 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.
Tassal financials
| Revenue TTM | $714.3 million |
|---|---|
| Operating margin TTM | 13.33% |
| Gross profit TTM | $292.8 million |
| Return on assets TTM | 3.53% |
| Return on equity TTM | 5.32% |
| Profit margin | 6.07% |
| Book value | 3.868 |
| Market capitalisation | $756.2 million |
TTM: trailing 12 months
Tassal share dividends
Dividend payout ratio: 75% of net profits
Recently Tassal has paid out, on average, around 75% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 4.46% 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 4.46% return on their shares, in the form of dividend payments. In Tassal's case, that would currently equate to about A$0.15 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 14 March 2022 (the "ex-dividend date").
Tassal share price volatility
Over the last 12 months, Tassal's shares have ranged in value from as little as $3.0744 up to $3.79. A popular way to gauge a stock's volatility is its "beta".
Beta measures a share's volatility in relation to the market. The market (AU average) beta is 1, while Tassal's is 0.4179. 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. 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.
Tassal in the 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.
More guides on Finder
-
How to buy Nexgen Energy (NXG) shares
Steps to owning and managing Nexgen Energy shares.
-
How to buy Keypath Education (KED) shares
Steps to owning and managing Keypath Education shares.
-
What are green bonds and how do they impact the world?
If you want to directly fund climate solutions a green bond is a great place to start. Here is how they work.
-
5 best ways to invest money in Australia in 2022
What's the best way to invest money in Australia? Find out about robo advisors, index funds, cryptocurrency and more in this guide.
-
How to buy EBR Systems (EBR) shares
Steps to owning and managing EBR Systems shares.
-
How to buy 5E Advanced Materials (5EA) shares
Steps to owning and managing 5E Advanced Materials shares.
-
How to buy Leo lithium shares
Steps to owning and managing Leo lithium shares.
-
How to buy Besra Gold (BEZ) shares
Steps to owning and managing Besra Gold shares.
-
How to buy The Lottery Corporation (TLC) shares
Steps to owning and managing The Lottery Corporation shares.
-
How to buy BSP Financial Group (BFL) shares
Steps to owning and managing Endeavour Group shares.
Ask an Expert
