TGR Stock Overview
Tassal Group Limited, together with its subsidiaries, engages in the hatching, farming, processing, marketing, and sale of Atlantic salmon and tiger prawns in Australia.
Tassal Group Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||AU$4.61|
|52 Week High||AU$4.61|
|52 Week Low||AU$3.20|
|1 Month Change||27.00%|
|3 Month Change||28.41%|
|1 Year Change||28.77%|
|3 Year Change||-6.68%|
|5 Year Change||17.60%|
|Change since IPO||620.31%|
Recent News & Updates
Tassal Group (ASX:TGR) May Have Issues Allocating Its Capital
Did you know there are some financial metrics that can provide clues of a potential multi-bagger? Typically, we'll want...
|TGR||AU Food||AU Market|
Return vs Industry: TGR exceeded the Australian Food industry which returned -10.6% over the past year.
Return vs Market: TGR exceeded the Australian Market which returned -9.6% over the past year.
|TGR Average Weekly Movement||5.9%|
|Food Industry Average Movement||6.0%|
|Market Average Movement||9.8%|
|10% most volatile stocks in AU Market||16.5%|
|10% least volatile stocks in AU Market||4.3%|
Stable Share Price: TGR is less volatile than 75% of Australian stocks over the past 3 months, typically moving +/- 6% a week.
Volatility Over Time: TGR's weekly volatility (6%) has been stable over the past year.
About the Company
Tassal Group Limited, together with its subsidiaries, engages in the hatching, farming, processing, marketing, and sale of Atlantic salmon and tiger prawns in Australia. It offers fresh, smoked, canned, and frozen salmon; and Australian black tiger prawns. The company also procures, processes, markets, and sells salmon, prawns, and other seafood species.
Tassal Group Fundamentals Summary
|TGR fundamental statistics|
Is TGR overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|TGR income statement (TTM)|
|Cost of Revenue||AU$385.38m|
Last Reported Earnings
Dec 31, 2021
Next Earnings Date
Aug 16, 2022
|Earnings per share (EPS)||0.20|
|Net Profit Margin||6.07%|
How did TGR perform over the long term?See historical performance and comparison
3.3%Current Dividend Yield
Is TGR undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score 2/6
Price-To-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Below Fair Value
Significantly Below Fair Value
Key Valuation Metric
Which metric is best to use when looking at relative valuation for TGR?
Other financial metrics that can be useful for relative valuation.
|What is TGR's n/a Ratio?|
Price to Earnings Ratio vs Peers
How does TGR's PE Ratio compare to its peers?
|TGR PE Ratio vs Peers|
|Company||PE||Estimated Growth||Market Cap|
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UMG United Malt Group
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TGR Tassal Group
Price-To-Earnings vs Peers: TGR is good value based on its Price-To-Earnings Ratio (22.8x) compared to the peer average (35.3x).
Price to Earnings Ratio vs Industry
How does TGR's PE Ratio compare vs other companies in the Oceanian Food Industry?
Price-To-Earnings vs Industry: TGR is expensive based on its Price-To-Earnings Ratio (22.8x) compared to the Oceanic Food industry average (15.1x)
Price to Earnings Ratio vs Fair Ratio
What is TGR's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.
|Current PE Ratio||22.8x|
|Fair PE Ratio||21.4x|
Price-To-Earnings vs Fair Ratio: TGR is expensive based on its Price-To-Earnings Ratio (22.8x) compared to the estimated Fair Price-To-Earnings Ratio (21.4x).
Share Price vs Fair Value
What is the Fair Price of TGR when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: TGR (A$4.61) is trading below our estimate of fair value (A$5.67)
Significantly Below Fair Value: TGR is trading below fair value, but not by a significant amount.
Price to Earnings Growth Ratio
PEG Ratio: TGR is poor value based on its PEG Ratio (1.8x)
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How is Tassal Group forecast to perform in the next 1 to 3 years based on estimates from 5 analysts?
Future Growth Score2/6
Future Growth Score 2/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: TGR's forecast earnings growth (12.6% per year) is above the savings rate (1.8%).
Earnings vs Market: TGR's earnings (12.6% per year) are forecast to grow faster than the Australian market (6% per year).
High Growth Earnings: TGR's earnings are forecast to grow, but not significantly.
Revenue vs Market: TGR's revenue (0.8% per year) is forecast to grow slower than the Australian market (5.2% per year).
High Growth Revenue: TGR's revenue (0.8% 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 (8.8%).
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How has Tassal Group performed over the past 5 years?
Past Performance Score0/6
Past Performance Score 0/6
Growing Profit Margin
Earnings vs Industry
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: TGR has a large one-off loss of A$23.5M impacting its December 31 2021 financial results.
Growing Profit Margin: TGR's current net profit margins (6.1%) are lower than last year (9.7%).
Past Earnings Growth Analysis
Earnings Trend: TGR's earnings have declined by 3.7% 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 (-22.5%) over the past year, making it difficult to compare to the Food industry average (50%).
Return on Equity
High ROE: TGR's Return on Equity (5.2%) is considered low.
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How is Tassal Group's financial position?
Financial Health Score5/6
Financial Health Score 5/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: TGR's short term assets (A$727.5M) exceed its short term liabilities (A$217.8M).
Long Term Liabilities: TGR's short term assets (A$727.5M) exceed its long term liabilities (A$679.9M).
Debt to Equity History and Analysis
Debt Level: TGR's net debt to equity ratio (38%) is considered satisfactory.
Reducing Debt: TGR's debt to equity ratio has increased from 29.7% to 43.2% over the past 5 years.
Debt Coverage: TGR's debt is well covered by operating cash flow (29.9%).
Interest Coverage: TGR's interest payments on its debt are well covered by EBIT (6.4x coverage).
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What is Tassal Group current dividend yield, its reliability and sustainability?
Dividend Score 4/6
Future Dividend Coverage
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: TGR's dividend (3.25%) is higher than the bottom 25% of dividend payers in the Australian market (2.73%).
High Dividend: TGR's dividend (3.25%) is low compared to the top 25% of dividend payers in the Australian market (6.67%).
Stability and Growth of Payments
Stable Dividend: TGR's dividend payments have been volatile in the past 10 years.
Growing Dividend: TGR's dividend payments have increased over the past 10 years.
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (73.5%), TGR's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (435.8%), TGR's dividend payments are not well covered by cash flows.
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How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Mr. Mark Andrew Ryan, B.Com, ACA, MAICD, FAIM has been the Managing Director and Chief Executive Officer of Tassal Group Limited since November 2003. Mr. Ryan has an extensive experience in the finance and...
CEO Compensation Analysis
Compensation vs Market: Mark's total compensation ($USD606.77K) is below average for companies of similar size in the Australian market ($USD1.04M).
Compensation vs Earnings: Mark's compensation has been consistent with company performance over the past year.
Experienced Management: TGR's management team is considered experienced (4.7 years average tenure).
Experienced Board: TGR's board of directors are considered experienced (3.6 years average tenure).
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 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
- Implied Market Cap: AU$990.326m
- Shares outstanding: 214.82m
- Website: https://www.tassalgroup.com.au
- Tassal Group Limited
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Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/06/28 00:00|
|End of Day Share Price||2022/06/28 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.