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Transurban is an infrastructure operations business based in Australia. Transurban shares (TCL) are listed on the Australian Securities Exchange (ASX) and all prices are in Australian dollars. Transurban has a trailing 12-month revenue of around $2.8 billion. If you're looking to buy shares, check out the steps below.
How to buy shares in Transurban
- 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 Transurban. Find the share by name or ticker symbol: TCL. 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 Transurban 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 Transurban. 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.
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What's in this guide?
- Transurban key stats
- Compare share trading platforms
- Is Transurban stock a buy or sell?
- Transurban performance over time
- Is Transurban suitable for ethical investing?
- Are Transurban shares over-valued?
- Transurban's financials
- How volatile are Transurban shares?
- Does Transurban pay a dividend?
- Have Transurban shares ever split?
- Other common questions
Transurban stock price (ASX:TCL)
Use our graph to track the performance of TCL stocks over time.Transurban shares at a glance
Information last updated 2022-06-22.
| 52-week range | $12.03 - $14.87 |
|---|---|
| 50-day moving average | $14.154 |
| 200-day moving average | $13.6108 |
| Target price | $14.24 |
| PE ratio | 10.7338 |
| Dividend yield | $0.365 (2.49%) |
| Earnings per share (TTM) | $1.281 |
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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.
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Is it a good time to buy Transurban 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.
Transurban price performance over time
Historical closes compared with the last close of A$14.23
| 1 week (2022-06-16) | 4.40% |
|---|---|
| 1 month (2022-05-26) | -0.97% |
| 3 months (2022-03-25) | 7.80% |
| 6 months (2021-12-24) | 3.34% |
| 1 year (2021-06-25) | -2.13% |
|---|---|
| 2 years (2020-06-26) | -1.79% |
| 3 years (2019-06-26) | -6.93% |
| 5 years (2017-06-26) | 15.62% |
Is Transurban under- or over-valued?
Valuing Transurban stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Transurban's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
Transurban's P/E ratio
Transurban'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, Transurban 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.
Transurban's PEG ratio
Transurban's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 1.31. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.
The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into Transurban's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.
Transurban's EBITDA
Transurban's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $1.7 billion (£0.0 million).
The EBITDA is a measure of a Transurban's overall financial performance and is widely used to measure a its profitability.
Transurban financials
| Revenue TTM | $2.8 billion |
|---|---|
| Operating margin TTM | 18.09% |
| Gross profit TTM | $1.6 billion |
| Return on assets TTM | 0.85% |
| Return on equity TTM | -0.71% |
| Profit margin | 130.93% |
| Book value | 4.681 |
| Market capitalisation | $42.2 billion |
TTM: trailing 12 months
Transurban's environmental, social and governance track record
Environmental, social and governance (known as ESG) criteria are a set of three factors used to measure the sustainability and social impact of companies like Transurban.
When it comes to ESG scores, lower is better, and lower scores are generally associated with lower risk for would-be investors.
Transurban's total ESG risk score
Total ESG risk: 18.01
Socially conscious investors use ESG scores to screen how an investment aligns with their worldview, and Transurban's overall score of 18.01 (as at 01/01/2019) is excellent – landing it in it in the 9th percentile of companies rated in the same sector.
ESG scores are increasingly used to estimate the level of risk a company like Transurban is exposed to within the areas of "environmental" (carbon footprint, resource use etc.), "social" (health and safety, human rights etc.), and "governance" (anti-corruption, tax transparency etc.).
Transurban's environmental score
Environmental score: 4.99/100
Transurban's environmental score of 4.99 puts it squarely in the 8th percentile of companies rated in the same sector. This could suggest that Transurban is a leader in its sector terms of its environmental impact, and exposed to a lower level of risk.
Transurban's social score
Social score: 11.91/100
Transurban's social score of 11.91 puts it squarely in the 8th percentile of companies rated in the same sector. This could suggest that Transurban is a leader in its sector when it comes to taking good care of its workforce and the communities it impacts.
Transurban's governance score
Governance score: 9.6/100
Transurban's governance score puts it squarely in the 8th percentile of companies rated in the same sector. That could suggest that Transurban is a leader in its sector when it comes to responsible management and strategy, and exposed to a lower level of risk.
Transurban's controversy score
Controversy score: 2/5
ESG scores also evaluate any incidences of controversy that a company has been involved in. Transurban scored a 2 out of 5 for controversy – the second-highest score possible, reflecting that Transurban has, for the most part, managed to keep its nose clean.
Environmental, social, and governance (ESG) summary
Transurban Group was last rated for ESG on: 2019-01-01.
| Total ESG score | 18.01 |
|---|---|
| Total ESG percentile | 9.32 |
| Environmental score | 4.99 |
| Environmental score percentile | 8 |
| Social score | 11.91 |
| Social score percentile | 8 |
| Governance score | 9.6 |
| Governance score percentile | 8 |
| Level of controversy | 2 |
Transurban share dividends
Dividend payout ratio: 62.32% of net profits
Recently Transurban has paid out, on average, around 62.32% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 2.49% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Transurban shareholders could enjoy a 2.49% return on their shares, in the form of dividend payments. In Transurban's case, that would currently equate to about A$0.365 per share.
Transurban'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 30 December 2021 (the "ex-dividend date").
Have Transurban's shares ever split?
Transurban's shares were split on a 500:1 basis on 29 November 1999. So if you had owned 1 share the day before the split, the next day you would own 500 shares. This wouldn't directly have changed the overall worth of your Transurban shares – just the quantity. However, indirectly, the new 99.8% lower share price could have impacted the market appetite for Transurban shares which in turn could have impacted Transurban's share price.
Transurban share price volatility
Over the last 12 months, Transurban's shares have ranged in value from as little as $12.03 up to $14.87. 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 Transurban's is 0.3819. This would suggest that Transurban's shares are less volatile than average (for this exchange).
Transurban overview
Transurban Group develops, operates, manages, and maintains toll road networks. It operates 21 toll roads in Sydney, Melbourne, and Brisbane in Australia; the Greater Washington area, the United States; and Montreal, Canada. The company is headquartered in Melbourne, Australia.
Transurban 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.
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