How to buy Tassal shares

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 listed in Australian Dollars. Tassal has a trailing 12-month revenue of around $559.2 million.

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 of $N/A, 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 share price

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

Tassal shares at a glance

• Key figures

Information last updated 2020-09-25.

52-week range	AUDA$2.77 - AUDA$4.7
50-day moving average	AUDA$3.6464
200-day moving average	AUDA$3.6835
Target price	AUDA$4.77
PE ratio	10.728
Dividend yield	AUDA$0.18 (4.95%)
Earnings per share (TTM)	AUDA$0.339

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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.

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.

Technical Analysis of Tassal Group Limited by TradingView

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 11x. In other words, Tassal shares trade at around 11x 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 $145.4 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	$559.2 million
Operating margin TTM	19.37%
Gross profit TTM	$293.2 million
Return on assets TTM	5.21%
Return on equity TTM	9.71%
Profit margin	12.36%
Book value	3.773
Market capitalisation	$738.8 million

TTM: trailing 12 months

Tassal share dividends

Dividend payout ratio: 53.05% of net profits

Recently Tassal has paid out, on average, around 53.05% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 4.95% 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 4.95% return on their shares, in the form of dividend payments. In Tassal's case, that would currently equate to about A$0.18 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 2020 (the "ex-dividend date").

Tassal share price volatility

Over the last 12 months, Tassal's shares have ranged in value from as little as $2.77 up to $4.7. 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 0.4247. 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 in Australia. The company offers fresh, smoked, canned, and frozen salmon. It also procures, processes, markets, and sells 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. The company also exports its products. Tassal Group Limited was founded in 1986 and is headquartered in Hobart, Australia.

Frequently asked questions

• What percentage of Tassal is owned by insiders or institutions?

  Currently 3.866% of Tassal shares are held by insiders and 27.646% by institutions.

• When does the fiscal year end for Tassal?

  Tassal's fiscal year ends in June.

• Where is Tassal based?

  Tassal's address is: Marine Board Building, Hobart, TAS, Australia, 7000

• What is Tassal's ISIN number?

  Tassal's international securities identification number is: AU000000TGR4