Tabcorp Holdings ROE 2024

Tabcorp Holdings Aktienanalyse

What does Tabcorp Holdings do?

Tabcorp Holdings Ltd is an Australian company specializing in gambling and betting. It was founded in 1994 and is now one of the largest gambling companies in Australia. Tabcorp's headquarters are located in Melbourne. The company's business model includes a variety of gambling and betting services, including casinos, racing and sports betting platforms, Keno, and lottery games. Tabcorp is not a typical gambling company as it also heavily invests in Australian horse racing. Tabcorp operates three of the six race tracks in Australia. The history of Tabcorp began in 1994 when the Australian state of Victoria privatized the lottery business. Tabcorp was awarded the exclusive right to operate the business. At that time, the company was based in Victoria, but it quickly expanded and soon became a solid national business. In the early 2000s, Tabcorp introduced racecourse and sports betting in Australia by acquiring Tattsbet betting in Queensland, New South Wales, and Victoria. Tabcorp also wanted to further develop in the lottery industry and acquired the Australian lottery company NSW Lotteries in 2004. Tabcorp has also been operating the Stella Lottos game in Victoria since 2012. Today, Tabcorp's various divisions include racing, sports, and lottery betting, as well as horse racing and sports betting. Tabcorp also offers online gaming and mobile gaming applications. In its racecourses, the company provides a wide range of food and entertainment services to offer visitors a comprehensive experience. Tabcorp is also very committed to responsible gambling. The company offers a variety of control mechanisms on its platforms to prevent gambling addiction, including self-exclusion and betting limits. Tabcorp is also a significant supporter of horse racing and Australian sports in general. In 2018, the company sponsored 1,200 horse races and was one of the main sponsors of the Australian Football League (AFL). In summary, Tabcorp is an Australian company specializing in gambling and betting. The company operates casinos, sports betting platforms, racecourses, as well as lottery and Keno games, and is heavily involved in horse racing and other sports. Tabcorp is also actively committed to responsible gambling. Tabcorp Holdings ist eines der beliebtesten Unternehmen auf Eulerpool.com.

ROE Details

Decoding Tabcorp Holdings's Return on Equity (ROE)

Tabcorp Holdings's Return on Equity (ROE) is a fundamental metric evaluating the company's profitability relative to its equity. Calculated by dividing net income by shareholder's equity, ROE illustrates how effectively the company is generating profits from shareholders’ investments. A higher ROE represents enhanced efficiency and profitability.

Year-to-Year Comparison

Analyzing Tabcorp Holdings's ROE on a yearly basis aids in tracking its profitability trends and financial performance. An increasing ROE suggests enhanced profitability and value generation for shareholders, whereas a declining ROE may indicate issues in profit generation or equity management.

Impact on Investments

Tabcorp Holdings's ROE is instrumental for investors assessing the company's profitability, efficiency, and investment attractiveness. A robust ROE indicates the firm’s adeptness at converting equity investments into profits, thereby enhancing its appeal to potential and current investors.

Interpreting ROE Fluctuations

Changes in Tabcorp Holdings’s ROE can emanate from variations in net income, equity capital, or both. These fluctuations are scrutinized to evaluate management’s effectiveness, financial strategies, and the inherent risks and opportunities, aiding investors in making informed decisions.

Frequently Asked Questions about Tabcorp Holdings stock

What is the ROE (Return on Equity) of Tabcorp Holdings this year?

The ROE of Tabcorp Holdings this year is -1.09 undefined.

How has the Return on Equity (ROE) of Tabcorp Holdings developed compared to the previous year?

The ROE of Tabcorp Holdings has increased by -143.63% decreased compared to the previous year.

What impact does a high ROE (Return on Equity) have on investors of Tabcorp Holdings?

A high ROE indicates that Tabcorp Holdings generates good returns on capital and is successful in monetizing its investments. This is a positive indicator for investors.

What impact does a low ROE (Return on Equity) have on investors of Tabcorp Holdings?

A low ROE can indicate that Tabcorp Holdings is having difficulties monetizing its investments successfully and can be a negative signal for investors.

How does a change in the ROE (Return on Equity) of Tabcorp Holdings affect the company?

A change in ROE (Return on Equity) of Tabcorp Holdings can be an indicator of the financial performance of the company and demonstrate how successful the company is compared to other companies in the same industry.

How to calculate the ROE (Return on Equity) of Tabcorp Holdings?

The ROE (Return on Equity) is calculated by dividing the company's profit by the total equity. The formula is: ROE = Profit / Total equity.

Which factors influence the ROE (Return on Equity) of Tabcorp Holdings?

Some factors that can influence Tabcorp Holdings's Return on Equity (ROE) include the efficiency in using equity, the profitability of the company, and the financing structure.

What strategic measures can take to improve the ROE (Return on Equity)?

To improve the Return on Equity (ROE), can take measures such as cost savings, increasing revenue, improving efficiency in the use of equity, and making changes in the financing structure. It is important for the company to conduct a thorough review of its financial situation to determine the best strategic actions to improve ROE.

How much dividend does Tabcorp Holdings pay?

Over the past 12 months, Tabcorp Holdings paid a dividend of 0.02 AUD . This corresponds to a dividend yield of about 3.72 %. For the coming 12 months, Tabcorp Holdings is expected to pay a dividend of 0.03 AUD.

What is the dividend yield of Tabcorp Holdings?

The current dividend yield of Tabcorp Holdings is 3.72 %.

When does Tabcorp Holdings pay dividends?

Tabcorp Holdings pays a quarterly dividend. This is distributed in the months of March, September, March, October.

How secure is the dividend of Tabcorp Holdings?

Tabcorp Holdings paid dividends every year for the past 26 years.

What is the dividend of Tabcorp Holdings?

For the upcoming 12 months, dividends amounting to 0.03 AUD are expected. This corresponds to a dividend yield of 6.16 %.

In which sector is Tabcorp Holdings located?

Tabcorp Holdings is assigned to the 'Cyclical consumption' sector.

Wann musste ich die Aktien von Tabcorp Holdings kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Tabcorp Holdings from 9/20/2024 amounting to 0.003 AUD, you needed to have the stock in your portfolio before the ex-date on 9/2/2024.

When did Tabcorp Holdings pay the last dividend?

The last dividend was paid out on 9/20/2024.

What was the dividend of Tabcorp Holdings in the year 2023?

In the year 2023, Tabcorp Holdings distributed 0.033 AUD as dividends.

In which currency does Tabcorp Holdings pay out the dividend?

The dividends of Tabcorp Holdings are distributed in AUD.