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.
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 or you can see our list of the best share trading platforms in Australia. Then follow these steps.
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| 52-week range | $0.37 - $0.9845 |
|---|---|
| 50-day moving average | $0.5741 |
| 200-day moving average | $0.6908 |
| Target price | $0.82 |
| PE ratio | N/A |
| Dividend yield | $0.013 (2.89%) |
| Earnings per share (TTM) | $-0.6 |
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.
Historical closes compared with the last close of A$0.45
| 1 week (2024-09-09) | 18.42% |
|---|---|
| 1 month (2024-08-16) | -23.08% |
| 3 months (2024-06-14) | -31.30% |
| 6 months (2024-03-15) | -37.93% |
| 1 year (2023-09-15) | -54.77% |
|---|---|
| 2 years (2022-09-16) | -54.08% |
| 3 years (2021-09-16) | -90.72% |
| 5 years (2019-09-16) | -90.53% |
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 (earnings before interest, taxes, depreciation and amortisation) is $68.6 million (£35 million).
The EBITDA is a measure of a Tabcorp's overall financial performance and is widely used to measure stock profitability.
| Revenue TTM | $2.4 billion |
|---|---|
| Gross profit TTM | $2.5 billion |
| Return on assets TTM | -0.81% |
| Return on equity TTM | -69.62% |
| Profit margin | -57.63% |
| Book value | 0.54 |
| Market capitalisation | $1 billion |
TTM: trailing 12 months
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 2.89% 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 2.89% return on their shares, in the form of dividend payments. In Tabcorp's case, that would currently equate to about A$0.013 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 1 September 2024 (the "ex-dividend date").
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.
Over the last 12 months, Tabcorp's shares have ranged in value from as little as $0.37 up to $0.9845. 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 Tabcorp's is 0.674. This would suggest that Tabcorp's shares are less volatile than average (for this exchange).
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; Sky Sports television channels; and Sky Sports Radio network. The Gaming Services segment offers electronic gaming machine (EGM) monitoring and related services; and provides products, technology, support, maintenance, and other gaming services. The company was founded in 1881 and is based in Melbourne, Australia.
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