Transurban Group (TCL) - Research

$14.970 0.24 (1.63%)

TCL General Information +

ASX Code TCL
Website http://www.transurban.com
GICS Sub-Industry Highways & Railtracks
Market Cap ($M) 40,049
Current Price $14.970
Day High $14.980
Day Low $14.770
Last Close $14.730
Price Movement $0.24 ( 1.63% )
Prices as at 12:46, 19 Jun 2019
+Security prices are delayed by at least 20 minutes and are indicative only.

Recommendation


Transurban Group (TCL)
BUY
below
HOLD
up to
SELL
above
Current Price
$14.970 as at 12:46, 19 Jun 2019

Price at review
$14.970 on 13 Feb 19

Business Risk

Share Price Risk

TCL Related Research

TCL Company Overview

Business Description

Transurban Group (TCL) manages and develops urban toll road networks in Australia and the United States of America. The company engages in the development, operation, maintenance and financing of toll road networks as well as management of the associated customer and client relationships. The company has 13 roads in the Australian portfolio, and in the US, the company has 3 roads in the state of Virginia, 2 roads in Washington DC area and 1 in Canada.

TCL Financial Summary

Year to Jun NPAT EPS EPS chg (%) PER DPS Yield (%) Franking (%)
2020 F 545.13 20.28 34.30% 72.63 62.00 4.21% 8.0%
2019 F 370.91 15.10 -33.40% 97.55 59.00 4.01% 3.4%
2018 A 485.00 22.68 93.20% 51.53 56.00 4.79% 8.9%

TCL Peer Comparison

Company Mkt Cap EPS Growth (%) P/E (%) Dividend Yield (%)
2018 A 2019 F 2020 F 2018 A 2019 F 2020 F 2018 A 2019 F 2020 F
Atlas Arteria (ALX) $5,282M -0.7176 3.5860 0.1271 112.6822 24.5709 21.7992 3.49% 3.88% 4.60%
Transurban Group (TCL) $38,952M 0.9318 -0.1493 0.2388 65.8824 77.4468 62.5161 3.79% 4.05% 4.26%

TCL Market Comparison

Earnings P/E Ratio P/B Ratio P/E Growth
Company 0.94 77.90 5.95 29.30
Market 0.88 17.10 1.49 1.65
Sector 0.88 20.10 1.85 2.78

TCL Directors

Name Position Start Date
Mr Louis Scott Charlton Chief Executive Officer, Executive Director 16 Jul 2012
Dr Robert (Bob) John Edgar Non-Executive Director 21 Jul 2009
Mr Neil Gregory Chatfield Non-Executive Director 18 Feb 2009
Ms Samantha (sam) Joy Mostyn Non-Executive Director 8 Dec 2010
Ms Christine O'Reilly Non-Executive Director 12 Apr 2012
Mr Peter Brooke Scott Non-Executive Director 1 Mar 2016
Dr Elizabeth Jane Wilson Non-Executive Director 1 Jan 2017
Mr Rodney E Slater Non-Executive Director 22 Jun 2009
Mr Mark Birrell Non-Executive Director 1 May 2018
Mr Lindsay Philip Maxsted Non-Executive Director, Non-Executive Chairman 1 Mar 2008

TCL Management

Name Position
Adam Watson Chief Financial Officer
Amanda Street Company Secretary
Julie Galligan General Counsel,Joint Company Secretary
Vin Vassallo Group Executive, Development
Andrew Head Group Executive, New South Wales Development
Michele Huey Group Executive, New South Wales, Business Operations
Tony Adams Group Executive, Project Delivery
Sue Johnson Group Executive, Queensland
Lisa Tobin Group Executive, Technology
Wesley Ballantine Group Executive, Victoria and Strategy
Jennifer Aument President, North America

TCL Substantial Shareholders

Holding Name
278,743,444 (13.65%) Unisuper Ltd
130,922,279 (6.01%) BlackRock Group
113,072,280 (5.08%) Commonwealth Bank of Australia
111,240,857 (5%) The Vanguard Group Inc.

TCL Calendar of Events

Date Event
11 February 2020 Report (Interim)
06 September 2019 Report (Annual)
09 August 2019 Div Pay Date
06 August 2019 Report (Prelim)
28 June 2019 Books Close
27 June 2019 Div Ex Date

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