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How to buy Tourism (THL) shares in Australia

Learn how to easily invest in Tourism shares.

Tourism
AU: THL - AUD
A$2.74
+A$0.04 (+1.48%)
RECREATIONAL VEHICLES
About 17 hours ago

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 $852 million. If you're looking to buy shares, check out the steps below.

How to buy shares in Tourism

To buy shares listed in Australia such as Tourism, 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 Tourism.
    Find the share by name or ticker symbol: THL. 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 Tourism 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 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.

Tourism stock price (ASX:THL)

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

Tourism shares at a glance

Information last updated 2024-04-10.
52-week range$2.65 - $3.7984
50-day moving average $3.1478
200-day moving average $3.293
Target priceN/A
PE ratio 10.037
Dividend yield $0.15 (6.24%)
Earnings per share (TTM) $0.27

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.
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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.

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 10x. In other words, Tourism shares trade at around 10x 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

Tourism's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $181.7 million (£0.0 million).

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

Tourism financials

Revenue TTM $852 million
Operating margin TTM 16.49%
Gross profit TTM $406.2 million
Return on assets TTM 5.87%
Return on equity TTM 10.84%
Profit margin 7.56%
Book value 2.847
Market capitalisation $594 million

TTM: trailing 12 months

Tourism share dividends

52%

Dividend payout ratio: 51.73% of net profits

Recently Tourism has paid out, on average, around 51.73% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 6.24% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Tourism shareholders could enjoy a 6.24% return on their shares, in the form of dividend payments. In Tourism's case, that would currently equate to about A$0.15 per share.

Tourism'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 20 March 2024 (the "ex-dividend date").

Tourism share price volatility

Over the last 12 months, Tourism's shares have ranged in value from as little as $2.65 up to $3.7984. A popular way to gauge a stock's volatility is its "beta".

THL.AU volatility(beta: 1.3)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 Tourism's is 1.301. This would suggest that Tourism's shares are more volatile than the average for this exchange and represent, relatively speaking, a higher risk (but potentially also market-beating returns).

Tourism overview

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.

Tourism in the news

There are no recent company news
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