Tabcorp Holdings Limited (AU:TAH)
ASX:TAH
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TAH Stock Chart & Stats
AU$1.00
-AU$0.01(-1.72%)
At close: 4:00 PM EST
AU$1.00
-AU$0.01(-1.72%)
Day’s Range― - ―
52-Week RangeAU$0.67 - AU$1.19
Previous CloseN/A
Volume3.24M
Average Volume (3M)7.82M
Market Cap
AU$1.56B
Enterprise ValueAU$2.31B
Total Cash (Recent Filing)AU$218.30M
Total Debt (Recent Filing)AU$949.00M
Price to Earnings (P/E)26.1
Beta1.11
Next Earnings
Aug 26, 2026EPS Estimate
0.01Next Dividend Ex-DateN/A
Dividend Yield2.01%
Share Statistics
EPS (TTM)<0.01
Shares Outstanding2,292,644,300
10 Day Avg. Volume6,708,262
30 Day Avg. Volume7,815,337
Financial Highlights & Ratios
PEG Ratio-0.43
Price to Book (P/B)1.30
Price to Sales (P/S)0.62
P/FCF Ratio5.66
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
AU$1.07Price Target Upside7.33% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering6
EPS Forecast (FY)0.03
Revenue Forecast (FY)AU$2.64B
Bulls Say, Bears Say
Bulls Say
Strong Free Cash Flow & ConversionVery strong free cash flow growth (101.75%) and healthy cash conversion ratios indicate durable cash generation. This supports ongoing capex for EBT rollouts, funds debt paydown, underpins dividend capacity and gives management financial optionality to execute strategy over 2–6 months.
Improved Leverage & LiquidityLower leverage (debt/equity ~0.69; net debt/EBITDA ~1.5x) and successful funding extend maturity and reduce refinancing risk. That stronger balance sheet increases strategic flexibility to invest in digital/retail initiatives and absorb timing shocks while protecting credit metrics over the medium term.
Digital, Product And Retail TractionConsistent digital and venue growth (turnover +12%) and demographic gains broaden the customer base. Combined with retail modernisation and product wins, this strengthens omni‑channel distribution, reduces reliance on single revenue events and supports sustainable revenue diversification over coming quarters.
Bears Say
Thin Net Margins & Low ROEVery low net margins and modest ROE constrain the firm's capacity to self-fund growth and buffer shocks. With limited profit per dollar revenue, operational or yield setbacks can quickly erode earnings and slow ROE improvement despite revenue and EBITDA gains.
Regulatory & Rollout Execution RiskKey product rollouts (TAB Live, national tote) depend on additional regulator/state approvals and complex technical/commercial delivery. Delays or adverse rulings could defer anticipated revenue/cost synergies and raise implementation costs, challenging near-term strategic delivery.
Yield Sensitivity & Tech Cost InflationWagering yields can swing materially (15bps ~A$10m impact) based on sporting outcomes, and persistent technology cost inflation raises operating expense pressure. Together these factors increase earnings volatility and compress margins unless offset by sustained turnover growth or further cost actions.
Tabcorp Holdings Limited News
TAH FAQ
What was Tabcorp Holdings Limited’s price range in the past 12 months?
Tabcorp Holdings Limited lowest share price was AU$0.67 and its highest was AU$1.19 in the past 12 months.
What is Tabcorp Holdings Limited’s market cap?
Tabcorp Holdings Limited’s market cap is AU$1.56B.
When is Tabcorp Holdings Limited’s upcoming earnings report date?
Tabcorp Holdings Limited’s upcoming earnings report date is Aug 26, 2026 which is in 99 days.
How were Tabcorp Holdings Limited’s earnings last quarter?
Tabcorp Holdings Limited released its earnings results on Feb 24, 2026. The company reported AU$0.027 earnings per share for the quarter, beating the consensus estimate of AU$0.013 by AU$0.014.
Is Tabcorp Holdings Limited overvalued?
According to Wall Street analysts Tabcorp Holdings Limited’s price is currently Undervalued.
Does Tabcorp Holdings Limited pay dividends?
Tabcorp Holdings Limited pays a Semiannually dividend of AU$0.01 which represents an annual dividend yield of 2.01%. See more information on Tabcorp Holdings Limited dividends here
What is Tabcorp Holdings Limited’s EPS estimate?
Tabcorp Holdings Limited’s EPS estimate is 0.01.
How many shares outstanding does Tabcorp Holdings Limited have?
Tabcorp Holdings Limited has 2,292,644,300 shares outstanding.
What happened to Tabcorp Holdings Limited’s price movement after its last earnings report?
Tabcorp Holdings Limited reported an EPS of AU$0.027 in its last earnings report, beating expectations of AU$0.013. Following the earnings report the stock price went up 23.508%.
Which hedge fund is a major shareholder of Tabcorp Holdings Limited?
Currently, no hedge funds are holding shares in AU:TAH
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Tabcorp Holdings Limited Stock Smart Score
Outperform
1
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4
5
6
7
8
9
10
Analyst Consensus
Moderate Buy
Average Price Target:
AU$1.07 (7.33% Upside)
AU$1.07 (7.33% Upside)
Blogger Sentiment
Bullish
AU:TAH Sentiment 63%
Sector Average ―
Sector Average ―
Technicals
SMA
Positive
20 days / 200 days
Momentum
88.38%
12-Months-Change
Fundamentals
Return on Equity
2.62%
Trailing 12-Months
Asset Growth
2.21%
Trailing 12-Months
Company Description
Tabcorp Holdings Limited
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 Three 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; and Sky Sports Radio network. The Gaming Services segment offers electronic gaming machine (EGM) monitoring and related services; provides EGM and systems supply and expertise; specialized services and strategic advice to licensed gaming venues; value-add services to venues, such as gaming and loyalty systems, business intelligence tools, and cashless and ticket in ticket out services; and logistics, installation, and relocation services, as well as EGMs, lottery and wagering terminals, and other transaction device repair and maintenance services. The company was founded in 1881 and is based in Melbourne, Australia.
TAH Company Deck
TAH Earnings Call
Q2 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call conveyed materially positive financial progress and strategic execution: revenue and earnings grew, margins expanded, leverage fell to a conservative 1.5x and product/retail initiatives advanced (EBTs, TAB Live clearance, national tote work). Headwinds include below-average wagering yields that reduced revenue (~15 bps / ~$10m), ongoing technology inflation, timing-related cash items and regulatory execution risk for national rollouts. On balance, achievements and improvements in earnings, cost discipline, balance sheet flexibility and product momentum outweigh the challenges.View all AU:TAH earnings summariesTAH Stock 12 Month Forecast
Average Price Target
AU$1.07
▲(7.33% Upside)
Technical Analysis
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Options Prices
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