TASSAL GROUP LIMITED (TGR)
Share Price Analysis and Chart

Enter the company code or Name for stock analysis:

TGR - TASSAL GROUP LIMITED

FNArena Sector : Aquaculture
Year End: June
GICS Industry Group : Food, Beverage & Tobacco
Index: ASX300 | ALL-ORDS

Tassal is Australia's largest salmon farming company based in Tasmania. Founded in 1986 and first achieving a viable commercial harvest in 1987, the company listed on the ASX in 2003. Acquired De Costi Seafoods in 2018.

LAST PRICE CHANGE +/- CHANGE % VOLUME

$3.77

18 May
2022

0.020

OPEN

$3.76

0.53%

HIGH

$3.79

540,263

LOW

$3.71

TARGET
$3.975 5.4% upside
Franking for last dividend paid out: 0%
OTHER COMPANIES IN THE SAME SECTOR
HUO . SFG . MCA . AS1 . CSS .
FNARENA'S MARKET CONSENSUS FORECASTS
TGR: 1
Title FY20
Actual
FY21
Actual
FY22
Forecast
FY23
Forecast
EPS (cps) xxx 16.4 27.6 xxx
DPS (cps) xxx 14.0 16.5 xxx
EPS Growth xxx - 51.8% 68.4% xxx
DPS Growth xxx - 22.2% 17.9% xxx
PE Ratio xxx N/A 13.4 xxx
Dividend Yield xxx N/A 4.5% xxx
Div Pay Ratio(%) xxx 85.4% 59.8% xxx

Dividend yield today if purchased 3 years ago: 2.87%

DIVIDEND YIELD CALCULATOR

Dividend Yield Today On Last Actual Payout :

3.79

Estimated Dividend Growth
(Average Of Past Three Years)

 %

Amount Invested

Tell Me The Dividend After This Many Years

Past performance is no guarantee for the future. Investors should take into account that heavy swings in share price or exceptional circumstances (a la 2009) can have a significant impact on short term calculations and averages

Last ex-div: 14/03 - ex-div 8c (franking 0%)

HISTORICAL DATA ARE ALL IN AUD
Copyright © 2022 FactSet UK Limited. All rights reserved
Title 201620172018201920202021
EPS Basic xxxxxxxxxxxxxxx16.4
DPS All xxxxxxxxxxxxxxx14.0
Sales/Revenue xxxxxxxxxxxxxxx583.9 M
Book Value Per Share xxxxxxxxxxxxxxx377.0
Net Operating Cash Flow xxxxxxxxxxxxxxx61.0 M
Net Profit Margin xxxxxxxxxxxxxxx5.93 %

EPS Basic

DPS All

Sales/Revenue

Book Value Per Share

Net Operating Cash Flow

Net Profit Margin

Title 201620172018201920202021
Return on Capital Employed xxxxxxxxxxxxxxx4.36 %
Return on Invested Capital xxxxxxxxxxxxxxx2.79 %
Return on Assets xxxxxxxxxxxxxxx2.16 %
Return on Equity xxxxxxxxxxxxxxx4.36 %
Return on Total Capital xxxxxxxxxxxxxxx4.57 %
Free Cash Flow ex dividends xxxxxxxxxxxxxxx-83.1 M

Return on Capital Employed

Return on Invested Capital

Return on Assets

Return on Equity

Return on Total Capital

Free Cash Flow ex dividends

This is work in progress. Bear with us. It'll be amazing.

EXPERT VIEWS
Display All Commentary

Sentiment Indicator

1.0

No. Of Recommendations

2
BROKER DATE RATING RECOMMENDATION TARGET PRICE % TO REACH TARGET COMMENTARY

UBS

xx/xx/xxxx

1

xxx

$xx.xx

xx.xx%

Broker commentary and detailed analysis is available for Full Members Only.
Login above or Get a Free Trial

Credit Suisse

16/02/2022

1

Outperform

$3.90

3.45%

Tassal Group's December first-half result generally pleased Credit Suisse, the company reporting a recovery in sales prices as covid eases. 

Strong cash flow was the standout, a selldown of excess inventory improving working capital. The broker notes capital expenditure is falling, forecast harvest volumes are steady, and that management plans to optimise margins and costs.

FY22 EPS estimate is fairly steady; FY23 EPS estimate falls -3.9% and FY24 falls -3.5%.

Outperform rating retained, the broker considering the company cheap heading into a longer term recovery from covid. Target price edges up to $3.90 from $3.85.

FORECAST
Credit Suisse forecasts a full year FY22 dividend of 16.50 cents and EPS of 27.23 cents.
Credit Suisse forecasts a full year FY23 dividend of 17.50 cents and EPS of 29.74 cents.

TGR STOCK CHART