Tabcorp Holdings Ltd
ASX:TAH
Intrinsic Value
Tabcorp Holdings Ltd. engages in the provision of entertainment services. [ Read More ]
The intrinsic value of one
TAH
stock under the Base Case scenario is
1.37
AUD.
Compared to the current market price of 0.73 AUD,
Tabcorp Holdings Ltd
is
Undervalued by 47%.
Tabcorp Holdings Ltd's market capitalization is 1.7B AUD.
TAH stock price is 0.73 AUD.
TAH stock price (0.73 AUD) is 47% less than its Intrinsic Value (1.37 AUD).
TAH has upside potential of 20% compared to the average analyst price target.
Open Wall St Estimates
TAH's Revenue is forecast to grow at a rate of 3% per year over the next 3 years.
TAH has positive Net Debt. This means that the company has more debt (510m AUD) than cash and short-term investments (313m AUD).
TAH's ROIC (Return on Invested Capital) has decreased in the last 3 years from 6% to 2%.
TAH's short-term liabilties (630m AUD) exceed its short-term assets (591m AUD).
TAH's ROIC (Return on Invested Capital) for the past 12 months is very low and is equal to 2%.
TAH has positive Operating Income for the last twelve months.
TAH's ROE (Return on Equity) has significantly decreased in the last 3 years from -13% to -27%, and is approaching profitability.
TAH has positive Free Cash Flow for the last twelve months.
TAH has a very low three-year average ROIC (Return on Invested Capital): 2%. The company is not efficient at using invested capital to generate operating income.
TAH's Revenue has dropped by 35% over the past 12 months.
TAH has positive Gross Profit for the last twelve months.
TAH's Altman Z-Score is very low and is equal to 1.75.
TAH has negative Net Income for the last twelve months.
TAH's ROE (Return on Equity) for the past 12 months is negative and is equal to -27%.
TAH's Revenue has been falling by 23% per year for the last 3 years.
TAH's long-term assets (3B AUD) exceed its long-term liabilties (1B AUD).
TAH has very high three-year average ROE (Return on Equity): 38%. The company is very efficient at transforming stockholders' equity into net income.
TAH's D/E (Debt to Equity) is very low and is equal to 0.26.
TAH doesn't generate enough operating income (66m AUD) to safely cover interest payments on its debt (-36m AUD).
Valuation Backtest
Tabcorp Holdings Ltd
Run backtest to discover the historical profit from buying and selling
TAH
stocks based on their intrinsic value.
Analyze the historical link between intrinsic value and market price to make more informed investment decisions.
Fundamental Analysis
Tabcorp Holdings Ltd
Balance Sheet Decomposition
Tabcorp Holdings Ltd
| Current Assets | 591.4m |
| Cash & Short-Term Investments | 313.4m |
| Receivables | 205.6m |
| Other Current Assets | 72.4m |
| Non-Current Assets | 2.6B |
| Long-Term Investments | 30.4m |
| PP&E | 201.4m |
| Intangibles | 2.3B |
| Other Non-Current Assets | 48.5m |
| Current Liabilities | 629.8m |
| Accounts Payable | 528m |
| Other Current Liabilities | 101.8m |
| Non-Current Liabilities | 582.3m |
| Long-Term Debt | 509.7m |
| Other Non-Current Liabilities | 72.6m |
Earnings Waterfall
Tabcorp Holdings Ltd
|
Revenue
|
2.4B
AUD
|
|
Cost of Revenue
|
-1.4B
AUD
|
|
Gross Profit
|
983.1m
AUD
|
|
Operating Expenses
|
-917.1m
AUD
|
|
Operating Income
|
66m
AUD
|
|
Other Expenses
|
-688m
AUD
|
|
Net Income
|
-622m
AUD
|
Free Cash Flow Analysis
Tabcorp Holdings Ltd
TAH Profitability Score
Profitability Due Diligence
Tabcorp Holdings Ltd's profitability score is 49/100. The higher the profitability score, the more profitable the company is.
Score
Tabcorp Holdings Ltd's profitability score is 49/100. The higher the profitability score, the more profitable the company is.
TAH Solvency Score
Solvency Due Diligence
Tabcorp Holdings Ltd's solvency score is 44/100. The higher the solvency score, the more solvent the company is.
Score
Tabcorp Holdings Ltd's solvency score is 44/100. The higher the solvency score, the more solvent the company is.
Wall St
Price Targets
TAH Price Targets Summary
Tabcorp Holdings Ltd
According to Wall Street analysts, the average 1-year price target for
TAH
is 0.88 AUD
with a low forecast of 0.76 AUD and a high forecast of 1.05 AUD.
Shareholder Return
TAH Price
Tabcorp Holdings Ltd
| Average Annual Return | 22.09% |
| Standard Deviation of Annual Returns | 36.13% |
| Max Drawdown | -55% |
| Market Capitalization | 1.7B AUD |
| Shares Outstanding | 2 283 650 048 |
| Percentage of Shares Shorted |
N/A
|
Company Profile
Tabcorp Holdings Ltd
Country
Industry
Market Cap
Dividend Yield
Description
Tabcorp Holdings Ltd. engages in the provision of entertainment services. The company is headquartered in Melbourne, Victoria. The firm operates its business through three segments: Lotteries and Keno, Wagering and Media, and Gaming Services. Lotteries and Keno business segment is a lottery operator with licenses to operate in certain Australian states and territories. Wagering and Media segment provides totalizator and fixed odds betting and retail wagering networks, and global racing media business. Gaming Services segment includes game machine monitoring operations in New South Wales, Queensland and the Northern Territory and venue services nationwide. The company operates through various brands, including 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.
Contact
IPO
Employees
Officers
The intrinsic value of one
TAH
stock under the Base Case scenario is
1.37
AUD.
Compared to the current market price of 0.73 AUD,
Tabcorp Holdings Ltd
is
Undervalued by 47%.
You don't have any saved screeners yet
