RevenueNet IncomeP/EP/SEBITDividendStocksMarket capitalizationDebtLiabilitiesEquityAAQSEmployeesROEROAROCE
Tabcorp Holdings Stock

Tabcorp Holdings ROCE 2024

Tabcorp Holdings ROCE

-0.04

Ticker

TAH.AX

ISIN

AU000000TAH8

WKN

892486

In 2024, Tabcorp Holdings's return on capital employed (ROCE) was -0.04, a 62.06% increase from the -0.02 ROCE in the previous year.

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.

ROCE Details

Unraveling Tabcorp Holdings's Return on Capital Employed (ROCE)

Tabcorp Holdings's Return on Capital Employed (ROCE) is a financial metric that measures the company's profitability and efficiency with respect to the capital employed. It is calculated by dividing earnings before interest and tax (EBIT) by the employed capital. A higher ROCE indicates that the company is effectively utilizing its capital to generate profits.

Year-to-Year Comparison

Analyzing Tabcorp Holdings's ROCE annually provides valuable insights into its efficiency in using its capital to generate profits. An increasing ROCE indicates improved profitability and operational efficiency, whereas a decrease might signal potential issues in capital utilization or business operations.

Impact on Investments

Tabcorp Holdings's ROCE is a critical factor for investors and analysts for evaluating the company’s efficiency and profitability. A higher ROCE can make the company an attractive investment, as it often signifies that the firm is generating adequate profits from its employed capital.

Interpreting ROCE Fluctuations

Changes in Tabcorp Holdings’s ROCE are attributed to variations in EBIT or the capital employed. These fluctuations offer insights into the company’s operational efficiency, financial performance, and strategic financial management, assisting investors in making informed investment decisions.

Frequently Asked Questions about Tabcorp Holdings stock

What is the ROCE (Return on Capital Employed) of Tabcorp Holdings this year?

The ROCE of Tabcorp Holdings is -0.04 undefined this year.

How has the ROCE (Return on Capital Employed) of Tabcorp Holdings developed compared to the previous year?

The ROCE of Tabcorp Holdings has increased by 62.06% increased compared to the previous year.

What does a high ROCE (Return on Capital Employed) mean for investors of Tabcorp Holdings?

A high Return on Capital Employed (ROCE) indicates that Tabcorp Holdings has efficient capital utilization and is able to achieve a higher return on its invested capital. This can be appealing to investors.

What does a low ROCE (Return on Capital Employed) mean for investors of Tabcorp Holdings?

A low ROCE (Return on Capital Employed) can indicate that Tabcorp Holdings has an inefficient utilization of its capital and may have difficulty in achieving a satisfactory return on its invested capital. This can be uncertain or unattractive for investors.

How does an increase in ROCE from Tabcorp Holdings impact the company?

An increase in the ROCE of Tabcorp Holdings can be an indicator of improved company efficiency and show that it is achieving higher profits in relation to its investments.

How does a reduction in the ROCE of Tabcorp Holdings affect the company?

A decrease in ROCE of Tabcorp Holdings can be an indicator of deteriorated efficiency of the company, indicating that it is generating lower profits in relation to its investments.

What are some factors that can influence the ROCE of Tabcorp Holdings?

Some factors that can affect Tabcorp Holdings's ROCE include efficiency in managing assets, profitability of investments, cost efficiency, and market conditions.

Why is the ROCE of Tabcorp Holdings so important for investors?

The ROCE of Tabcorp Holdings is important for investors as it is an indicator of the company's efficiency and shows how successful the company is in relation to its investments. A high ROCE can indicate strong financial performance of the company.

What strategic measures can Tabcorp Holdings take to improve the ROCE?

To improve the ROCE, Tabcorp Holdings can take measures such as increasing efficiency in asset management, optimizing investments, cost savings, and exploring new revenue sources. It is important for the company to conduct a thorough review of its operations to determine the best strategic actions to improve the ROCE.

How much dividend does Tabcorp Holdings pay?

Over the past 12 months, Tabcorp Holdings paid a dividend of . This corresponds to a dividend yield of about . 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 .

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 5.07 %.

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.