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How to buy Transurban (TCL) shares in Australia

Learn how to easily invest in Transurban shares.

Transurban is an infrastructure operations business based in Australia. Transurban shares (TCL) are listed on the Australian Securities Exchange (ASX) and all prices are in Australian dollars. Transurban has a trailing 12-month revenue of around $4.2 billion. If you're looking to buy shares, check out the steps below.

How to buy shares in Transurban

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

Transurban stock price (ASX:TCL)

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

Transurban shares at a glance

Information last updated 2024-07-12.
52-week range$11.0455 - $13.8212
50-day moving average $12.5586
200-day moving average $12.9363
Target price$13.26
PE ratio 183.4286
Dividend yield $0.615 (5.06%)
Earnings per share (TTM) $0.07

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 Transurban 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.

Transurban price performance over time

Historical closes compared with the last close of A$12.94

1 week (2024-07-09) 4.10%
1 month (2024-06-17) 4.52%
3 months (2024-04-17) 12.94
6 months (2024-01-17) -2.93%
1 year (2023-07-17) -8.49%
2 years (2022-07-15) -9.64%
3 years (2021-07-16) -10.70%
5 years (2019-07-17) -13.73%

Is Transurban under- or over-valued?

Valuing Transurban stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Transurban's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

Transurban's P/E ratio

Transurban's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 183x. In other words, Transurban shares trade at around 183x recent earnings.

That's relatively high compared to, say, the P/E ratio for the ASX over the 12 months to December 2019 (32.14). The high P/E ratio could mean that investors are optimistic about the outlook for the shares or simply that they're over-valued.

Transurban's PEG ratio

Transurban's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 1.31. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.

The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into Transurban's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.

Transurban's EBITDA

Transurban's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $2.2 billion (£1.1 billion).

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

Transurban financials

Revenue TTM $4.2 billion
Operating margin TTM 28.05%
Gross profit TTM $1.6 billion
Return on assets TTM 1.84%
Return on equity TTM 2%
Profit margin 5.34%
Book value 3.824
Market capitalisation $39.7 billion

TTM: trailing 12 months

Transurban's environmental, social and governance track record

Environmental, social and governance (known as ESG) criteria are a set of three factors used to measure the sustainability and social impact of companies like Transurban.

When it comes to ESG scores, lower is better, and lower scores are generally associated with lower risk for would-be investors.

Transurban's total ESG risk score

Total ESG risk: 18.01

Socially conscious investors use ESG scores to screen how an investment aligns with their worldview, and Transurban's overall score of 18.01 (as at 12/31/2018) is excellent – landing it in it in the 9th percentile of companies rated in the same sector.

ESG scores are increasingly used to estimate the level of risk a company like Transurban is exposed to within the areas of "environmental" (carbon footprint, resource use etc.), "social" (health and safety, human rights etc.), and "governance" (anti-corruption, tax transparency etc.).

Transurban's environmental score

Environmental score: 4.99/100

Transurban's environmental score of 4.99 puts it squarely in the 8th percentile of companies rated in the same sector. This could suggest that Transurban is a leader in its sector terms of its environmental impact, and exposed to a lower level of risk.

Transurban's social score

Social score: 11.91/100

Transurban's social score of 11.91 puts it squarely in the 8th percentile of companies rated in the same sector. This could suggest that Transurban is a leader in its sector when it comes to taking good care of its workforce and the communities it impacts.

Transurban's governance score

Governance score: 9.6/100

Transurban's governance score puts it squarely in the 8th percentile of companies rated in the same sector. That could suggest that Transurban is a leader in its sector when it comes to responsible management and strategy, and exposed to a lower level of risk.

Transurban's controversy score

Controversy score: 2/5

ESG scores also evaluate any incidences of controversy that a company has been involved in. Transurban scored a 2 out of 5 for controversy – the second-highest score possible, reflecting that Transurban has, for the most part, managed to keep its nose clean.

Environmental, social, and governance (ESG) summary

Transurban Group was last rated for ESG on: 2019-01-01.

Total ESG score 18.01
Total ESG percentile 9.32
Environmental score 4.99
Environmental score percentile 8
Social score 11.91
Social score percentile 8
Governance score 9.6
Governance score percentile 8
Level of controversy 2

Transurban share dividends

We're not expecting Transurban to pay a dividend over the next 12 months.

Have Transurban's shares ever split?

Transurban's shares were split on a 500:1 basis on 28 November 1999. So if you had owned 1 share the day before the split, the next day you would own 500 shares. This wouldn't directly have changed the overall worth of your Transurban shares – just the quantity. However, indirectly, the new 99.8% lower share price could have impacted the market appetite for Transurban shares which in turn could have impacted Transurban's share price.

Transurban share price volatility

Over the last 12 months, Transurban's shares have ranged in value from as little as $11.0455 up to $13.8212. A popular way to gauge a stock's volatility is its "beta".

TCL.AU volatility(beta: 0.63)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 Transurban's is 0.626. This would suggest that Transurban's shares are less volatile than average (for this exchange).

Transurban overview

Transurban Group develops, operates, manages, and maintains toll road networks. It operates 22 toll roads in Sydney, Melbourne, and Brisbane in Australia; the Greater Washington area and Montreal, North America. The company is headquartered in Docklands, Australia.

Frequently asked questions

Disclaimer: This information should not be interpreted as an endorsement of futures, stocks, ETFs, CFDs, options or any specific provider, service or offering. It should not be relied upon as investment advice or construed as providing recommendations of any kind. Futures, stocks, ETFs and options trading involves substantial risk of loss and therefore are not appropriate for all investors. Trading CFDs comes with a higher risk of losing money rapidly due to leverage. Past performance is not an indication of future results. Consider your own circumstances, and obtain your own advice, before making any trades.

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