How to buy Tourism (THL) shares in Australia
Learn how to easily invest in Tourism shares.
Tourism is a recreational vehicles business based in Australia. Tourism shares (THL) are listed on the Australian Securities Exchange (ASX) and all prices are in Australian dollars. Tourism has a trailing 12-month revenue of around $663.8 million. If you're looking to buy shares, check out the steps below.
How to buy shares in Tourism
- 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 Tourism. Find the share by name or ticker symbol: THL. 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 Tourism 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 Tourism. 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.
What's in this guide?
Tourism stock price (ASX:THL)Use our graph to track the performance of THL stocks over time.
Tourism shares at a glance
|52-week range||$2.8072 - $3.842|
|50-day moving average||$3.2644|
|200-day moving average||$3.4702|
|Dividend yield||$0.15 (4.15%)|
|Earnings per share (TTM)||$0.24|
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Is it a good time to buy Tourism 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.
Tourism price performance over time
|1 week (2023-12-01)||NAN|
|1 month (2023-11-08)||NAN|
|3 months (2023-09-08)||NAN|
|6 months (2023-06-08)||NAN|
|1 year (2022-12-08)||NAN|
|2 years (2021-12-04)||NAN|
|3 years (2020-12-04)||NAN|
|5 years (2018-12-04)||NAN|
Is Tourism under- or over-valued?
Valuing Tourism stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Tourism's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
Tourism's P/E ratio
Tourism's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 14x. In other words, Tourism shares trade at around 14x 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.
Tourism's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $135.8 million (£0.0 million).
The EBITDA is a measure of a Tourism's overall financial performance and is widely used to measure stock profitability.
|Revenue TTM||$663.8 million|
|Operating margin TTM||11.56%|
|Gross profit TTM||$406.2 million|
|Return on assets TTM||5.5%|
|Return on equity TTM||10.58%|
|Market capitalisation||$723.4 million|
TTM: trailing 12 months
Tourism share dividends
We're not expecting Tourism to pay a dividend over the next 12 months.
Tourism share price volatility
Over the last 12 months, Tourism's shares have ranged in value from as little as $2.8072 up to $3.842. 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 Tourism's is 1.213. This would suggest that Tourism's shares are a little bit more volatile than the average for this exchange and represent, relatively speaking, a slightly higher risk (but potentially also market-beating returns).
Tourism Holdings Limited, together with its subsidiaries, operates as a tourism company in Australia, New Zealand, and the United States. The company operates through New Zealand Rentals, Action Manufacturing, Tourism Group, Australia Rentals, United States Rentals, Canadian Rentals, UK/Europe Rentals, and Other segments. It engages manufacture, rental, and sale of motorhomes, campervans, caravans, and other tourism related activities. In addition, the company engages in the recreational vehicle (RV) rental business in Australia, as well as rents motorhomes, campervans, and engages in other tourism related activities. It offers its vehicles under the Maui, Britz, Mighty, Road Bear RV, Just Go, and El Monte RV brands. The company operates hop on and hop off guided buses under the Kiwi Experience name; operates Waitomo Glowworm caves, Ruakuri caves, and Aranui caves; provides water rafting services; and operates Waitomo Homestead, a refurbished restaurant. The company was formerly known as The Helicopter Line and changed its name to Tourism Holdings Limited in 1996. Tourism Holdings Limited was incorporated in 2021 and is headquartered in Auckland, New Zealand.
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