Tassal Group Limited, together with its subsidiaries, engages in the hatching, farming, processing, marketing, and sale of Atlantic salmon and tiger prawns in Australia. More Details
Very undervalued with adequate balance sheet and pays a dividend.
Share Price & News
How has Tassal Group's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: TGR is less volatile than 75% of Australian stocks over the past 3 months, typically moving +/- 3% a week.
Volatility Over Time: TGR's weekly volatility (3%) has been stable over the past year.
7 Day Return
1 Year Return
Return vs Industry: TGR underperformed the Australian Food industry which returned 8% over the past year.
Return vs Market: TGR underperformed the Australian Market which returned 29.1% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is Tassal Group's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 weeks ago | Simply Wall StTassal Group Limited's (ASX:TGR) Stock Has Shown A Decent Performance: Have Financials A Role To Play?
4 weeks ago | Simply Wall StWhat Are The Total Returns Earned By Shareholders Of Tassal Group (ASX:TGR) On Their Investment?
1 month ago | Simply Wall StShould You Take Comfort From Insider Transactions At Tassal Group Limited (ASX:TGR)?
Is Tassal Group 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: TGR (A$3.56) is trading below our estimate of fair value (A$4.87)
Significantly Below Fair Value: TGR is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: TGR is good value based on its PE Ratio (13.3x) compared to the Australian Food industry average (21.2x).
PE vs Market: TGR is good value based on its PE Ratio (13.3x) compared to the Australian market (20.4x).
Price to Earnings Growth Ratio
PEG Ratio: TGR is good value based on its PEG Ratio (0.7x)
Price to Book Ratio
PB vs Industry: TGR is good value based on its PB Ratio (0.9x) compared to the AU Food industry average (1.4x).
How is Tassal Group forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: TGR's forecast earnings growth (18.2% per year) is above the savings rate (1.9%).
Earnings vs Market: TGR's earnings (18.2% per year) are forecast to grow faster than the Australian market (13.6% per year).
High Growth Earnings: TGR's earnings are forecast to grow, but not significantly.
Revenue vs Market: TGR's revenue (5.8% per year) is forecast to grow faster than the Australian market (5.4% per year).
High Growth Revenue: TGR's revenue (5.8% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: TGR's Return on Equity is forecast to be low in 3 years time (9.2%).
How has Tassal Group performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: TGR has high quality earnings.
Growing Profit Margin: TGR's current net profit margins (9.7%) are lower than last year (13.1%).
Past Earnings Growth Analysis
Earnings Trend: TGR's earnings have grown by 6.2% per year over the past 5 years.
Accelerating Growth: TGR's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: TGR had negative earnings growth (-15.8%) over the past year, making it difficult to compare to the Food industry average (-15.8%).
Return on Equity
High ROE: TGR's Return on Equity (6.9%) is considered low.
How is Tassal Group's financial position?
Financial Position Analysis
Short Term Liabilities: TGR's short term assets (A$694.3M) exceed its short term liabilities (A$208.6M).
Long Term Liabilities: TGR's short term assets (A$694.3M) exceed its long term liabilities (A$632.0M).
Debt to Equity History and Analysis
Debt Level: TGR's debt to equity ratio (36.9%) is considered satisfactory.
Reducing Debt: TGR's debt to equity ratio has increased from 33% to 36.9% over the past 5 years.
Debt Coverage: TGR's debt is not well covered by operating cash flow (16.9%).
Interest Coverage: TGR's interest payments on its debt are well covered by EBIT (7.4x coverage).
What is Tassal Group current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: TGR's dividend (3.93%) is higher than the bottom 25% of dividend payers in the Australian market (1.99%).
High Dividend: TGR's dividend (3.93%) is low compared to the top 25% of dividend payers in the Australian market (5.04%).
Stability and Growth of Payments
Stable Dividend: TGR's dividend payments have been volatile in the past 10 years.
Growing Dividend: TGR's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonable payout ratio (59.9%), TGR's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: TGR's dividends in 3 years are forecast to be covered by earnings (54.6% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Mr. Mark Andrew Ryan, B.Com, ACA, MAICD, FAIM has been the Managing Director and Chief Executive Officer of Tassal Group Limited since November 2003. Mr. Ryan has an extensive experience in the finance and...
CEO Compensation Analysis
Compensation vs Market: Mark's total compensation ($USD950.58K) is above average for companies of similar size in the Australian market ($USD697.48K).
Compensation vs Earnings: Mark's compensation has been consistent with company performance over the past year.
Experienced Management: TGR's management team is seasoned and experienced (9.5 years average tenure).
Experienced Board: TGR's board of directors are not considered experienced ( 2.6 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: Insufficient data to determine if 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.
Tassal Group Limited's company bio, employee growth, exchange listings and data sources
- Name: Tassal Group Limited
- Ticker: TGR
- Exchange: ASX
- Founded: 1986
- Industry: Packaged Foods and Meats
- Sector: Food, Beverage & Tobacco
- Market Cap: AU$755.938m
- Shares outstanding: 212.34m
- Website: https://www.tassal.com.au
- Tassal Group Limited
- Marine Board Building
- Level 9
Tassal Group Limited, together with its subsidiaries, engages in the hatching, farming, processing, marketing, and sale of Atlantic salmon and tiger prawns in Australia. The company offers fresh, smoked, c...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/06/23 18:10|
|End of Day Share Price||2021/06/23 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.