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Tabcorp Holdings Stock

Tabcorp Holdings Market capitalization 2024

Tabcorp Holdings Market capitalization

1 B AUD

Ticker

TAH.AX

ISIN

AU000000TAH8

WKN

892486

In 2024, Tabcorp Holdings's market cap stood at 1 B AUD, a -53.18% increase from the 2.14 B AUD market cap in the previous year.

The Tabcorp Holdings Market capitalization history

YEARMarket Capitalization (undefined AUD)
20241
20232.27
20222.21
20214.42
20207.36
20199.53
20186.95
20173.83
20163.86
20153.72
20142.75
20132.42
20122.05
20112.1
20102.01
20091.86
20082.59
20074.15
20063.92
20054.06

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.

Market capitalization Details

Exploring Tabcorp Holdings's Market Capitalization

Tabcorp Holdings's market capitalization represents the total dollar market value of the company’s outstanding shares of stock. It is calculated by multiplying the company's shares outstanding by the current market price of one share. This metric is a vital indicator of a company’s size, strength, and overall market value.

Year-to-Year Comparison

A yearly comparison of Tabcorp Holdings's market capitalization provides investors and analysts insights into its growth and valuation trends. An increase signifies market confidence and business expansion, while a decrease may point towards declining market value or business contractions.

Impact on Investments

Tabcorp Holdings's market capitalization plays a pivotal role in investment decisions. It aids investors in assessing the company's risk and return profiles. Larger companies are often considered more stable but may offer lower growth potential, while smaller companies might offer significant growth prospects but come with higher risk.

Interpreting Market Capitalization Fluctuations

Variations in Tabcorp Holdings’s market capitalization can be attributed to several factors, including changes in stock price, outstanding shares, and market sentiment. Understanding these fluctuations helps investors evaluate the company's current standing and future potential in the competitive landscape.

Frequently Asked Questions about Tabcorp Holdings stock

What is the current Tabcorp Holdings market capitalization?

The current market capitalization of Tabcorp Holdings is 1 B AUD.

What is market capitalization?

The market capitalization (German: Marktkapitalisierung, English: market capitalization, abbreviated as market cap, also known as stock exchange capitalization or market value) is the calculated total value of all shares of a publicly traded company like Tabcorp Holdings.

How has the market capitalization of Tabcorp Holdings developed in recent years?

The market capitalization of Tabcorp Holdings has increased/decreased by -53.18% compared to the previous year.

What does market capitalization mean for investors?

The market capitalization of a company reflects the current market consensus on the value of the equity of a publicly traded company.

Why is market capitalization an important indicator for investors?

The market capitalization of a company reflects the current market consensus on the value of a publicly traded company's equity. It is determined by the supply and demand for the company's shares. Market capitalization is thus significantly influenced by expectations in the stock market regarding the future earnings power of the company, and as such, it can undergo significant fluctuations.

Why does the market capitalization fluctuate?

The market capitalization fluctuates along with the stock price, as the market capitalization is calculated based on the current price and the number of outstanding shares.

What role does market capitalization play in the valuation of Tabcorp Holdings?

In order to compare the value of companies, it is helpful to consider not only the market capitalization but also the net debt of a company. A potential buyer of the entire company would also acquire the debts of the company. The enterprise value is the total value of a company or a stock corporation. The net financial indebtedness of the company is added to the market capitalization.

Does the market capitalization influence the performance of Tabcorp Holdings?

There is no verifiable long-term evidence or study that stocks with a specific market capitalization (whether Mega/Large/Mid/Small Cap) would consistently yield significantly higher returns than others. There are occasional small studies (few stocks, short investment period) suggesting that certain classes may perform better or have higher risk, but none of them are 1. conclusive (cause-effect relationship is unclear, experiment is not repeatable) or 2. generalizable (generalization is not possible due to small sample size and time period).

Does the market capitalization of Tabcorp Holdings have an influence on indices?

Some stock indices use market capitalization as index weighting. Stocks with a higher market capitalization are also weighted higher in the index. This is in contrast to equally weighted indices (all stocks have the same weighting) and free float weighted indices (market capitalization weighting, but only with the number of shares in free float).

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 3.93 %. 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 3.93 %.

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 6.51 %.

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.

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Andere Kennzahlen von Tabcorp Holdings

Our stock analysis for Tabcorp Holdings Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Tabcorp Holdings Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.