A$0.47
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.
How to buy shares in Tabcorp
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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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.
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Search for Tabcorp. Find the share by name or ticker symbol: TAH. Research its history to confirm it's a solid investment against your financial goals.
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Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until Tabcorp reaches your desired price. Look into dollar-cost averaging to spread out your risk, which smooths out buying at consistent intervals and amounts.
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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.
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Check on your investment. Congratulations, you own a part of Tabcorp. 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.
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Tabcorp stock price (ASX:TAH)
Use our graph to track the performance of TAH stocks over time.Tabcorp shares at a glance
52-week range | $0.37 - $0.9649 |
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50-day moving average | $0.5244 |
200-day moving average | $0.6739 |
Target price | $0.82 |
PE ratio | N/A |
Dividend yield | $0.013 (2.74%) |
Earnings per share (TTM) | $-0.6 |
Where to buy Tabcorp shares
Is it a good time to buy Tabcorp 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.
Tabcorp price performance over time
Historical closes compared with the last close of A$0.475
1 week (2024-09-25) | 11.76% |
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1 month (2024-09-03) | 17.28% |
3 months (2024-07-03) | -30.66% |
6 months (2024-04-03) | -36.24% |
1 year (2023-10-03) | -49.74% |
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2 years (2022-10-03) | -48.65% |
3 years (2021-10-01) | -90.31% |
5 years (2019-10-03) | -90.11% |
Is Tabcorp under- or over-valued?
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
Tabcorp's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $68.6 million (£0.0 million).
The EBITDA is a measure of a Tabcorp's overall financial performance and is widely used to measure stock profitability.
Tabcorp financials
Revenue TTM | $2.4 billion |
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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 | $1.1 billion |
TTM: trailing 12 months
Tabcorp share dividends
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 2.74% 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 2.74% 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").
Have Tabcorp's shares ever split?
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.
Tabcorp share price volatility
Over the last 12 months, Tabcorp's shares have ranged in value from as little as $0.37 up to $0.9649. 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 overview
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.
Tabcorp in the news
Bookmaker Tabcorp set for record jump on winning Victorian wagering license
Is Now The Time To Look At Buying Tabcorp Holdings Limited (ASX:TAH)?
A Look At The Intrinsic Value Of Tabcorp Holdings Limited (ASX:TAH)
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