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How to buy Tabcorp (TAH) shares in Australia

Learn how to easily invest in Tabcorp shares.

Tabcorp
AU: TAH - AUD
A$0.74
-A$0.02 (-2%)
GAMBLING
About two hours ago

Tabcorp is a gambling business based in Australia. Tabcorp shares (TAH) are listed on the Australian Securities Exchange (ASX) and all prices are in Australian dollars. Tabcorp has a trailing 12-month revenue of around $2.4 billion. If you're looking to buy shares, check out the steps below.

How to buy shares in Tabcorp

To buy shares listed in Australia such as Tabcorp, you'll need to sign up to a broker with access to the ASX. Our table can help you compare share trading platforms and choose. Then follow these steps.

  1. Open and fund your brokerage account.
    Complete an application with your personal and financial details, including your ID and tax file number. Fund your account with a bank transfer, PayPal or debit card.
  2. Search for Tabcorp.
    Find the share by name or ticker symbol: TAH. Research its history to confirm it's a solid investment against your financial goals.
  3. Purchase now or later.
    Buy today with a market order or use a limit order to delay your purchase until Tabcorp reaches your desired price. Look into dollar-cost averaging to spread out your risk, which smooths out buying at consistent intervals and amounts.
  4. 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.
  5. Check on your investment.
    Congratulations, you own a part of Tabcorp. 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.

Tabcorp stock price (ASX:TAH)

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

Tabcorp shares at a glance

Information last updated 2024-02-27.
52-week range$0.6017 - $1.1387
50-day moving average $0.7712
200-day moving average $0.9242
Target price$0.84
PE ratio N/A
Dividend yield $0.02 (2.76%)
Earnings per share (TTM) $-0.28

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 - 7 of 33
Name Product Standard brokerage fee Inactivity fee Asset class
eToro
Finder AwardExclusive
eToro
$0
US$10 per month if there’s been no log-in for 12 months
ASX shares, Global shares, US shares, ETFs
Finder exclusive: Get 12 months of investment tracking app Delta PRO for free when you fund your eToro account (T&Cs apply).
CFD service. Capital at risk.
Join the world's biggest social trading network when you trade stocks, commodities and currencies from the one account.
IG Share Trading
Finder Award
IG Share Trading
$8
$0
ASX shares, Global shares, US shares, UK shares, ETFs
$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 and international shares, plus get access to 24-hour customer support.
Moomoo Share Trading
$3
$0
ASX shares, Global shares, US shares, ETFs
Finder exclusive: Get an additional 30 days on top of the regular brokerage-free period for new accounts. T&Cs apply.
Trade shares on the ASX, the US markets and buy ETFs with Moomoo. Plus join a community over 20 million investors.
CMC Invest
Finder Award
CMC Invest
$0
$0
ASX shares, Global shares, Options trading, US shares, ETFs
$0 brokerage on US, UK, Canadian and Japanese markets (FX spreads apply).
Trade over 45,000 shares and ETFs from Australia and 15 major global markets. Plus, buy Aussie shares or ETFs for $0 brokerage up to $1,000 (First buy order of each security, each day - excludes margin loan settled trades).
Webull
$4.90
$0
ASX shares, Options trading, US shares, ETFs
Trade ASX and US stocks and US options, plus gain access to inbuilt news platforms and educational resources. You can also start trading for less with fractional shares.
Tiger Brokers
$5.50
$0
ASX shares, Global shares, US shares, ETFs

Get one brokerage-free trade per month for the first 12 months for US or ASX markets. T&Cs apply.
Saxo Invested
Saxo Invested
$3
$0
ASX shares, Global shares, Options trading, US shares, ETFs
Access 22,000+ stocks on 50+ 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 Tabcorp 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.

Tabcorp price performance over time

Historical closes compared with the last close of A$0.75

1 week (2024-02-23) 7.91%
1 month (2024-02-01) -10.71%
3 months (2023-12-01) 7.91%
6 months (2023-09-01) -32.13%
1 year (2023-03-01) -26.83%
2 years (2022-03-01) -85.29%
3 years (2021-03-01) -83.55%
5 years (2019-03-01) -84.16%

Is Tabcorp under- or over-valued?

Valuing Tabcorp stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Tabcorp's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

Tabcorp's EBITDA

Tabcorp's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $186 million (£0.0 million).

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

Tabcorp financials

Revenue TTM $2.4 billion
Operating margin TTM 1.07%
Gross profit TTM $2.5 billion
Return on assets TTM 1.11%
Return on equity TTM -26.67%
Profit margin -25.93%
Book value 0.884
Market capitalisation $1.7 billion

TTM: trailing 12 months

Tabcorp share dividends

Dividend payout ratio: 268.97% of net profits

Recently Tabcorp has paid out, on average, around 268.97% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 2.76% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Tabcorp shareholders could enjoy a 2.76% return on their shares, in the form of dividend payments. In Tabcorp's case, that would currently equate to about A$0.02 per share.

Tabcorp'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 26 February 2024 (the "ex-dividend date").

Have Tabcorp's shares ever split?

Tabcorp's shares were split on a 734:727 basis on 23 August 2020. So if you had owned 727 shares the day before the split, the next day you would own 734 shares. This wouldn't directly have changed the overall worth of your Tabcorp shares – just the quantity. However, indirectly, the new 1% lower share price could have impacted the market appetite for Tabcorp shares which in turn could have impacted Tabcorp's share price.

Tabcorp share price volatility

Over the last 12 months, Tabcorp's shares have ranged in value from as little as $0.6017 up to $1.1387. A popular way to gauge a stock's volatility is its "beta".

TAH.AU volatility(beta: 0.77)Avg. volatility(beta: 1.00)LowHigh

Beta measures a share's volatility in relation to the market. The market (AU average) beta is 1, while Tabcorp's is 0.774. This would suggest that Tabcorp's shares are less volatile than average (for this exchange).

Tabcorp overview

Tabcorp Holdings Limited, together with its subsidiaries, provides gambling and entertainment services in Australia. It operates through Wagering and Media, and Gaming Services segments. The Wagering and Media segment offers through a network of TAB agencies, hotels and clubs, and on-course operations, as well as through retail, Internet, mobile devices, and phone. It also provides Trackside, a computer simulate racing product; and international wagering and pooling services. In addition, the company engages in the Sky Racing television channels broadcasting thoroughbred, and harness and greyhound racing to audiences; Sky Racing Active, a digital app providing Sky Racing's live and on-demand racing content across thoroughbred, and harness and greyhound racing; and Sky Sports Radio network. The Gaming Services segment offers electronic gaming machine (EGM) monitoring and related services; and provides MAX performance solutions, technical services, and integrated systems, as well as provides products, technology, financing, support, maintenance, and other gaming services. The company was founded in 1881 and is based in Melbourne, Australia.

Frequently asked questions

  1. EOD price data and company information for Tabcorp accessed 01 Mar 2024
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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