Tabcorp Holdings Limited, together with its subsidiaries, provides gambling and entertainment services in Australia.
Tabcorp Holdings Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||AU$5.00|
|52 Week High||AU$3.24|
|52 Week Low||AU$5.37|
|1 Month Change||3.95%|
|3 Month Change||1.01%|
|1 Year Change||44.51%|
|3 Year Change||10.13%|
|5 Year Change||4.17%|
|Change since IPO||110.97%|
Recent News & Updates
Does Tabcorp Holdings (ASX:TAH) Have A Healthy Balance Sheet?
Warren Buffett famously said, 'Volatility is far from synonymous with risk.' So it might be obvious that you need to...
A Look At The Fair Value Of Tabcorp Holdings Limited (ASX:TAH)
Does the September share price for Tabcorp Holdings Limited ( ASX:TAH ) reflect what it's really worth? Today, we will...
We Think That There Are Issues Underlying Tabcorp Holdings' (ASX:TAH) Earnings
Tabcorp Holdings Limited's ( ASX:TAH ) robust earnings report didn't manage to move the market for its stock. Our...
Why Tabcorp Holdings Limited (ASX:TAH) Could Be Worth Watching
While Tabcorp Holdings Limited ( ASX:TAH ) might not be the most widely known stock at the moment, it received a lot of...
|TAH||AU Hospitality||AU Market|
Return vs Industry: TAH exceeded the Australian Hospitality industry which returned 39.2% over the past year.
Return vs Market: TAH exceeded the Australian Market which returned 21.1% over the past year.
Stable Share Price: TAH is less volatile than 75% of Australian stocks over the past 3 months, typically moving +/- 2% a week.
Volatility Over Time: TAH's weekly volatility (2%) has been stable over the past year.
About the Company
|1881||5,000||David Robert Attenborough||https://www.tabcorp.com.au|
Tabcorp Holdings Limited, together with its subsidiaries, provides gambling and entertainment services in Australia. Its Lotteries and Keno segment operates lotteries and Kenos primarily under the Set for Life, Powerball, Oz Lotto, TattsLotto, Saturday Lotto, Gold Lotto, X Lotto, Monday and Wednesday Lotto, Lucky Lotteries, Lotto Strike, Super 66, Keno, and Instant Scratch-Its brands. The company’s Wagering and Media segment offers totalizator and fixed odds betting on racing, sports, and other events; and operates through a network of TAB agencies, hotels and clubs, and on-course operations, as well as through retail, Internet, mobile devices, and phone.
Tabcorp Holdings Fundamentals Summary
|TAH fundamental statistics|
Is TAH overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|TAH income statement (TTM)|
|Cost of Revenue||AU$0|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
Feb 17, 2022
|Earnings per share (EPS)||0.12|
|Net Profit Margin||4.73%|
How did TAH perform over the long term?See historical performance and comparison
2.8%Current Dividend Yield
Is Tabcorp Holdings undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: TAH (A$5) is trading below our estimate of fair value (A$5.08)
Significantly Below Fair Value: TAH is trading below fair value, but not by a significant amount.
Price To Earnings Ratio
PE vs Industry: TAH is poor value based on its PE Ratio (41.3x) compared to the Australian Hospitality industry average (36.8x).
PE vs Market: TAH is poor value based on its PE Ratio (41.3x) compared to the Australian market (19.7x).
Price to Earnings Growth Ratio
PEG Ratio: TAH is poor value based on its PEG Ratio (2.2x)
Price to Book Ratio
PB vs Industry: TAH is good value based on its PB Ratio (1.7x) compared to the AU Hospitality industry average (3.8x).
How is Tabcorp Holdings forecast to perform in the next 1 to 3 years based on estimates from 11 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: TAH's forecast earnings growth (18.8% per year) is above the savings rate (1.9%).
Earnings vs Market: TAH's earnings (18.8% per year) are forecast to grow faster than the Australian market (11.6% per year).
High Growth Earnings: TAH's earnings are forecast to grow, but not significantly.
Revenue vs Market: TAH's revenue (2.5% per year) is forecast to grow slower than the Australian market (5.4% per year).
High Growth Revenue: TAH's revenue (2.5% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: TAH's Return on Equity is forecast to be low in 3 years time (7.2%).
How has Tabcorp Holdings performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: TAH has high quality earnings.
Growing Profit Margin: TAH became profitable in the past.
Past Earnings Growth Analysis
Earnings Trend: TAH's earnings have declined by 38.9% per year over the past 5 years.
Accelerating Growth: TAH has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: TAH has become profitable in the last year, making it difficult to compare its past year earnings growth to the Hospitality industry (4.2%).
Return on Equity
High ROE: TAH's Return on Equity (4%) is considered low.
How is Tabcorp Holdings's financial position?
Financial Position Analysis
Short Term Liabilities: TAH's short term assets (A$898.0M) do not cover its short term liabilities (A$1.7B).
Long Term Liabilities: TAH's short term assets (A$898.0M) do not cover its long term liabilities (A$3.5B).
Debt to Equity History and Analysis
Debt Level: TAH's debt to equity ratio (38.4%) is considered satisfactory.
Reducing Debt: TAH's debt to equity ratio has reduced from 68.8% to 38.4% over the past 5 years.
Debt Coverage: TAH's debt is well covered by operating cash flow (28%).
Interest Coverage: TAH's interest payments on its debt are well covered by EBIT (4.3x coverage).
What is Tabcorp Holdings's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: TAH's dividend (2.8%) is higher than the bottom 25% of dividend payers in the Australian market (2.29%).
High Dividend: TAH's dividend (2.8%) is low compared to the top 25% of dividend payers in the Australian market (5.31%).
Stability and Growth of Payments
Stable Dividend: TAH's dividend payments have been volatile in the past 10 years.
Growing Dividend: TAH's dividend payments have fallen over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its high payout ratio (117.7%), TAH's dividend payments are not well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: TAH's dividends in 3 years are forecast to be covered by earnings (81.3% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
David Robert Attenborough (58 yo)
Mr. David Robert Henry Attenborough, BSc, MBA has been the Managing Director and Chief Executive Officer of TabCorp Holdings Ltd. since June 2011. Mr. Attenborough served as the Managing Director of Wageri...
CEO Compensation Analysis
Compensation vs Market: David Robert's total compensation ($USD3.47M) is above average for companies of similar size in the Australian market ($USD2.18M).
Compensation vs Earnings: David Robert's compensation has been consistent with company performance over the past year.
Experienced Management: TAH's management team is considered experienced (3.1 years average tenure).
Experienced Board: TAH's board of directors are not considered experienced ( 1.3 years average tenure), which suggests a new board.
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: TAH insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Tabcorp Holdings Limited's employee growth, exchange listings and data sources
- Name: Tabcorp Holdings Limited
- Ticker: TAH
- Exchange: ASX
- Founded: 1881
- Industry: Casinos and Gaming
- Sector: Consumer Services
- Market Cap: AU$11.099b
- Shares outstanding: 2.22b
- Website: https://www.tabcorp.com.au
Number of Employees
- Tabcorp Holdings Limited
- Tower 2, Collins Square
- Level 21
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/21 18:04|
|End of Day Share Price||2021/10/21 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.