TRANSURBAN GROUP LIMITED (TCL)
Share Price Analysis and Chart

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TCL - TRANSURBAN GROUP LIMITED

FNArena Sector : Infrastructure & Utilities
Year End: June
GICS Industry Group : Transportation
Debt/EBITDA: 9.25
Index: ASX20 | ASX50 | ASX100 | ASX200 | ASX300 | ALL-ORDS

Transurban is one of the world's largest toll-road operators. It manages and develops urban toll road networks in Australia, Canada and the US. It first listed on the ASX in 1996.

LAST PRICE CHANGE +/- CHANGE % VOLUME

$13.47

20 Dec
2024

0.020

OPEN

$13.33

0.15%

HIGH

$13.47

12,697,574

LOW

$13.27

TARGET
$13.522 0.4% upside
OTHER COMPANIES IN THE SAME SECTOR
AGL . AIA . ALX . APA . CEN . DBI . DBI . GNE . GNP . MEZ . ORG . SRJ .
FNARENA'S MARKET CONSENSUS FORECASTS
TCL: 1
Title FY23
Actual		 FY24
Actual		 FY25
Forecast		 FY26
Forecast
EPS (cps) xxx 10.6 34.2 xxx
DPS (cps) xxx 62.0 65.0 xxx
EPS Growth xxx 100.0% 100.0% xxx
DPS Growth xxx 6.9% 4.8% xxx
PE Ratio xxx N/A 39.4 xxx
Dividend Yield xxx N/A 4.8% xxx
Div Pay Ratio(%) xxx 587.7% 190.1% xxx

Dividend yield today if purchased 3 years ago: 4.54%

DIVIDEND YIELD CALCULATOR

Dividend Yield Today On Last Actual Payout :

 4.60

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: 28/12 - ex-div 30c (franking 0%)

HISTORICAL DATA ARE ALL IN AUD
Copyright © 2024 FactSet UK Limited. All rights reserved
Title 201920202021202220232024
EPS Basic xxxxxxxxxxxxxxx10.6
DPS All xxxxxxxxxxxxxxx62.0
Sales/Revenue xxxxxxxxxxxxxxx4,119.0 M
Book Value Per Share xxxxxxxxxxxxxxx357.0
Net Operating Cash Flow xxxxxxxxxxxxxxx2,149.0 M
Net Profit Margin xxxxxxxxxxxxxxx7.91 %

EPS Basic

DPS All

Sales/Revenue

Book Value Per Share

Net Operating Cash Flow

Net Profit Margin

Title 201920202021202220232024
Return on Capital Employed xxxxxxxxxxxxxxx2.76 %
Return on Invested Capital xxxxxxxxxxxxxxx1.08 %
Return on Assets xxxxxxxxxxxxxxx0.86 %
Return on Equity xxxxxxxxxxxxxxx2.76 %
Return on Total Capital xxxxxxxxxxxxxxx3.42 %
Free Cash Flow ex dividends xxxxxxxxxxxxxxx302.0 M

Return on Capital Employed

Return on Invested Capital

Return on Assets

Return on Equity

Return on Total Capital

Free Cash Flow ex dividends

Title 201920202021202220232024
Short-Term Debt xxxxxxxxxxxxxxx1,413 M
Long Term Debt xxxxxxxxxxxxxxx18,538 M
Total Debt xxxxxxxxxxxxxxx19,951 M
Goodwill - Gross xxxxxxxxxxxxxxx466 M
Cash & Equivalents - Generic xxxxxxxxxxxxxxx2,041 M
Price To Book Value xxxxxxxxxxxxxxx3.47

Short-Term Debt

Long Term Debt

Total Debt

Goodwill - Gross

Cash & Equivalents - Generic

Price To Book Value

Title 201920202021202220232024
Capex xxxxxxxxxxxxxxx1,116.0 M
Capex % of Sales xxxxxxxxxxxxxxx27.09 %
Cost of Goods Sold xxxxxxxxxxxxxxx2,840 M
Selling, General & Admin. Exp & Other xxxxxxxxxxxxxxx190 M
Research & Development xxxxxxxxxxxxxxx-
Investments - Total xxxxxxxxxxxxxxx12,863 M

Capex

Capex % of Sales

Cost of Goods Sold

Selling, General & Admin. Exp & Other

Research & Development

Investments - Total

EXPERT VIEWS
Display All Commentary

Sentiment Indicator

0.4

No. Of Recommendations

6
BROKER DATE RATING RECOMMENDATION TARGET PRICE % TO REACH TARGET COMMENTARY

Macquarie

xx/xx/xxxx

3

xxxxxxx

$xx.xx

xx.xx%

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UBS

xx/xx/xxxx

1

xxx

$xx.xx

xx.xx%

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Morgan Stanley

xx/xx/xxxx

3

xxxxx-xxxxxx

$xx.xx

xx.xx%

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Ord Minnett

23/10/2024

2

Accumulate

$13.20

-2.00%

Transurban Group's 1Q was weaker-than-expected by Ord Minnett as traffic growth of 1% year-on-year missed the necessary run-rate to meet the 2% anticipated by consensus for the 1H.

The broker attributes the miss to disruption caused by ongoing major construction works in Sydney and Melbourne. Victoria's weakening economy and the impact from people still working from home are other contributing factors, suggests the analyst.

Accumulate. Target falls to $13.20 from $13.40 after the broker lowers forecast traffic numbers.

Citi

xx/xx/xxxx

1

xxx

$xx.xx

xx.xx%

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Morgans

xx/xx/xxxx

3

xxxx

$xx.xx

xx.xx%

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Access Stockbroker Research History >
EXTRA COVERAGE
Display All Commentary

No. Of Recommendations

1

Please note: unlike Broker Call Report, BC Extra is not updated daily. The info you see might not be the latest. FNArena does its best to update ASAP.

BROKER DATE RATING RECOMMENDATION TARGET PRICE % TO REACH TARGET COMMENTARY

Jarden

17/12/2024

3

Neutral

$12.30

-8.69%

Jarden notes Transurban Group and its partners have no major issues with the NSW government's draft in-principle agreement (IPA) on potential toll reforms.

While Jarden is pleased the NSW government has reiterated its commitment to respect existing contracts, it believes uncertainty around how this is achieved leaves an overhang on the share price.

According to the broker, among the options canvassed, potential toll reforms could include an extension of the $60 weekly toll cap and annual rebates beyond June 2025, distance-based or on/off-peak pricing structures, removal of 4% escalation on WestConnex, and increasing truck multipliers across concessions.

Next catalyst is the signing of the IPA, expected by December 31.

Target maintained at $12.30. Rating Neutral.

FORECAST
Jarden forecasts a full year FY25 dividend of 65.00 cents and EPS of 15.40 cents.
Jarden forecasts a full year FY26 dividend of 68.30 cents and EPS of 22.30 cents.
Access Extra Coverage Research History >

TCL STOCK CHART

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