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Transurban Group TCL Stock Quote

Morningstar Rating
| Rating as of

XASX: TCL

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Market Closed

| Currency in AUD

  • Last Close 12.86
  • Sector Industrials
  • Industry Infrastructure Operations
  • Investment Style Large Growth
  • Day Range 12.63  –  12.89
  • Year Range 12.26  –  15.23
  • Market Cap 39.7090 Bil
  • Volume / Avg 6.9 Mil /  4.7 Mil
  • Price / Sales 9.52
  • Price / Book 3.15
  • Forward Div Yield 4.34%
  • Trailing Div Yield 3.97%

Morningstar‘s Stock Analysis TCL

Valuation
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1-Star Price

INVESTOR

5-Star Price

INVESTOR

Economic Moat

INVESTOR

Capital Allocation

INVESTOR

Transurban Earnings: Strong Recovery but a Little Below Our Expectations

Adrian Atkins Senior Equity Analyst

Analyst Note

| Adrian Atkins |

Wide-moat-rated Transurban's recovery from the pandemic continued in fiscal 2023, with a 20% increase in average daily trips and solid toll price uplifts driving a 26% increase in proportional toll revenue to AUD 3.3 billion. However, operating costs also increased significantly, up 16% on general inflation and to accommodate growth projects. Nonetheless, proportional EBITDA increased 29% to AUD 2.4 billion, a record for the firm. Statutory EBITDA increased 25% to AUD 2.1 billion. Free cash flow per security increased 40% to AUD 0.55, falling just short of distributions per security of AUD 0.58. Fiscal 2024 DPS guidance is for AUD 0.62, again exceeding our free cash flow estimates by a few cents.

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Key Statistics TCL

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Company Profile TCL

Business Description

Transurban Group is an owner/operator of toll roads in Melbourne, Sydney, and Brisbane. It also owns toll roads in Virginia, USA and Montreal, Canada. The weighted average concession life across the portfolio is about 28 years. Australian assets contribute around 90% of proportional revenue.

Contact
727 Collins Street, Level 31, Tower 5, Collins Square
Docklands, VIC, 3008, AUS
Sector Industrials
Industry Infrastructure Operations
Employees 460

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Related News TCL

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Competitors & Peers TCL

More on TCL’s Competitors & Peers

Morningstar analysts hand-select direct competitors or comparable companies to provide context on the strength and durability of TCL’s competitive advantage.

Transurban Group

XASX: TCL

APA Group

XASX: APA

Auckland International Airport Ltd

XNZE: AIA

Atlas Arteria Ltd

XASX: ALX
Price
12.868.397.835.74
Currency
AUDAUDNZDAUD
Change
+$0.02 (0.16%) −$0.05 (0.59%) +$0.10 (1.29%) +$0.05 (0.88%)
Market Cap
39.71 Bil10.57 Bil11.53 Bil8.33 Bil
Industry
Infrastructure Operations Utilities - Regulated Gas Airports & Air Services Infrastructure Operations
Sector
Industrials
Utilities
Industrials
Industrials

* Trading data in this section is delayed by at least 15 minutes.

FAQs for Transurban Group Stock

Yes. TCL has a forward dividend yield of 4.90%. See TCL’s full dividends and stock split history on the Dividend tab.
Dividend yield allows investors, particularly those interested in dividend-paying stocks, to compare the relationship between a stock’s price and how it rewards stockholders through dividends. The formula for calculating dividend yield is to divide the annual dividend paid per share by the stock price.

Learn more about dividend yield.

TCL’s market cap is 39.71 Bil.
Market capitalization is calculated by taking a company’s share price and multiplying it by the total number of shares. It’s often used to measure a company’s size. In the Morningstar Style Box, large-cap names account for the largest 70% of U.S. stocks, mid-cap names account for the largest 70–90%, and small-cap names are the remaining 10% of companies.

Learn more about market capitalization.

TCL’s stock style is Large Growth.
Style is an investment factor that has a meaningful impact on investment risk and returns. Style is calculated by combining value and growth scores, which are first individually calculated.

High-growth stocks tend to represent the technology, healthcare, and communications sectors. They rarely distribute dividends to shareholders, opting for reinvestment in their businesses. More value-oriented stocks tend to represent financial services, utilities, and energy stocks. These are established companies that reliably pay dividends.

Learn more about style.

TCL’s price/sales is 9.52.
Price/sales represents the amount an investor is willing to pay for a dollar generated from a particular company’s sales or revenues.

TCL’s price/forward earnings is 612.38.
Forward P/E gives some indication of how cheap or expensive a stock is compared with consensus earnings estimates. The lower the Forward P/E, the cheaper the stock.

TCL’s price/book is 3.15.
Price/book ratio can tell investors approximately how much they’re paying for a company’s assets, based on historical, rather than current, valuations. Historical valuations generally do not reflect a company’s current market value. Value investors frequently look for companies that have low price/book ratios.

See TCL’s valuation ratios compared to the Market Index.

TCL’s beta can be found in Trading Information at the top of this page.
A stock’s beta measures how closely tied its price movements have been to the performance of the overall market.

Compare TCL’s historical performance against its industry peers and the overall market.