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Tabcorp Holdings Limited

TAH.AXConsumer CyclicalASX

Gambling · Last scanned Jun 3, 2026

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Financials · Annual
Revenue
$2.61B
+11.8% YoY
Net Income
$36.6M
+102.7% YoY
EBITDA
$368.8M
+127.3% YoY
Free Cash Flow
$209.3M

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About Tabcorp Holdings Limited

Tabcorp Holdings Limited, together with its subsidiaries, provides gambling, and entertainment and integrity services in Australia. Valued at $1.86B, TAH.AX is a small-cap name in its sector. It operates through Wagering and Media, and Integrity Services segments.

Key stats
Market Cap$1.86B
P/E (TTM)81.20
Fwd P/E20.80
EPS$0.01
Beta0.41
52W Change+14.0%
Dividend Yield3.68%
ROE2.6%
Analysis

On the balance sheet, TAH.AX has $218.3M in cash with $853.5M in obligations. The ability to service this debt comfortably depends on continued operational cash generation. Annual free cash flow of $209.3M supports ongoing capital allocation decisions and provides a cushion against unexpected expenses or downturns. Return on equity stands at 2.6%, which is modest for the sector. ROE measures how effectively a company uses shareholder capital to generate profits. ROA of 3.2% is on the lower side, which is common in asset-heavy industries. Revenue has been uneven over recent years, ranging from $2.37B to $2.61B.

TAH.AX's low beta indicates it tends to be less volatile than the broader market, which may suit investors seeking more stable price behavior. At over 50x earnings, TAH.AX carries valuation risk — any slowdown in growth expectations could lead to meaningful price adjustments. It is important to consider these factors alongside broader market conditions and individual financial goals when reviewing TAH.AX.

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TAH.AX — Tabcorp Holdings Limited Technical Analysis | Scanance