Tassal Group Share Price and Company Fundamentals



Price
$3.66
Change
0.010 (0.274%)
52 week
3.16 - 4.13

Last traded: Last Wednesday at 6:10 AM

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, canned, and frozen salmon; and Australian black tiger prawns. It also procures, processes, markets, and sells salmon, prawns and other seafood species. The company provides its products under the Tassal, Tropic Co, Superior Gold, Tasmanian Smokehouse, and De Costi Seafoods brands through retail and wholesale channels. It also exports its products. Tassal Group Limited was founded in 1986 and is headquartered in Hobart, Australia.

Key Metrics

PE ratio

13.76

PB ratio

0.96

Dividend yield

4.38%

Beta

0.47

Market cap

$777.17M

Enterprise value

$1.25B

Company profile

Primary activitiesProduction and marketing of salmon.
Industry / SectorFarm Products / Consumer Defensive
Websitehttp://www.tassal.com.au
Mailing addressMarine Board Building Level 9 1 Franklin Wharf Hobart TAS 7000 Australia
Phone / Fax61 3 6244 9099 / 61 3 6244 9002
Share registryCOMPUTERSHARE INVESTOR SERVICES PTY LIMITED

Dividends

More: Tassal Group Dividend history, yield and payout ratio

Dividend yield

4.38%

Dividend amount

$0.16

Payout ratio

68.00%

5Y Avg. yield

4.08%

Tassal Group paid $0.16 dividend and the ex-dividend date was 12 Mar 2021.The dividend payout ratio is 68.00%. The dividend payout ratio is defined as the amout of dividend paid divided by the earnings of the company.TGR dividend payout ratio is less than 70. This is ideal as it gives company room to grow the dividends and also the excess earnings can be invested in company for growth.

TGR's forward dividend amount is $0.14 and the forward dividend yield is 3.81%. A forward dividend yield is the percentage of a company's current stock price that it expects to pay out as dividends over a certain time period, generally 12 months. Forward dividend yields are generally used in circumstances where the yield is predictable based on past instances. If not, trailing yields, which indicate the same value over the previous 12 months, are used.

Company Executives

As of May 2021, following are the company executives and directors listed on Tassal Group.

NameTitleAgeTotal Pay
Mr. Mark Andrew Ryan B.Com, CA, MAICD, FAIMMD, CEO & Director1.24M
Mr. Andrew CreswellCFO & Group Financial Controller448.22k
Mr. Dale WilliamsHead of Sales & Marketing430.88k
Ms. Kaylene LittleHead of People & Communities429.94k
Mr. Mark AsmanHead of Aquaculture432.02k
Ben DaleyHead of Supply Chain & Commercial Services489.67k
Ms. Monika Sylvia Maedler L.L.B., BEc, LLB, ACIS, FCISGen. Counsel & Company Sec.

Profitability and management effectiveness

Profit margin

9.70%

Operating margin

15.68%

Return on assets

3.74%

Return on equity

7.09%

Profitability ratios are a class of financial metrics that are used to assess a business's ability to generate earnings relative to its revenue, operating costs, balance sheet assets, and shareholders' equity over time, using data from a specific point in time.

The return on equity signifies how well the management is running the company in terms of capital management. The ideal return on equity is greater than 10%. The return on equity is calculated as net income divided by total share holders equity.

Valuation and Trading Info

The market capitalization of Tassal Group is 777.17M and its enterprise value is 1.25B. The enterprise value to revenue ratio of TGR is 2.17.

The TGR's stocks Beta value is 0.47 making it 53% less volatile compared to ASX market index. Technology stocks and small caps tend to have higher betas than the market benchmark. This indicates that adding the stock to a portfolio will increase the portfolio’s risk, but also increase its expected return. On the other hand utility stocks often have low betas because they tend to move more slowly than market averages.

Companies similar to Tassal Group (TGR)

Tassal Group (ASX:TGR) Frequently Asked Questions

1. What is Tassal Group's Stock Symbol?

Tassal Group trades on ASX under the ticker symbol "TGR".

2. What is Tassal Group's stock price today?

One share of TGR stock can currently be purchased for approximately $3.66.

3. How can I contact Tassal Group?

Tassal Group's mailing address is Marine Board Building Level 9 1 Franklin Wharf Hobart TAS 7000 Australia. The company can be reached via phone at 61 3 6244 9099.

4. What is Tassal Group's official website?

The official website of Tassal Group is http://www.tassal.com.au.

5. Which share registry manages Tassal Group's stock?

Tassal Group's stock is managed by COMPUTERSHARE INVESTOR SERVICES PTY LIMITED.