Transurban Group Stock Fair Value Calculation – Transurban Group Shares Climb 0.5% to Close at $14.21, Outperforming Industrials Sector in 2023.
March 17, 2023
Trending News ☀️
On Friday, March 10, the Transurban Group ($ASX:TCL) shares climbed 0.5% to close at $14.21, outperforming the Industrials sector in 2023. This solid performance has been attributed to the company’s investments in infrastructure projects, as well as its focus on innovative technology and customer service. The company is also continuing to expand its operations in the United States, Australia, and New Zealand. The success of Transurban Group is also evident in its financial results. This impressive growth can be attributed to the company’s efficient operations and attractive pricing strategy.
Furthermore, the company has managed to keep its costs low while still maintaining a high-quality service. Transurban Group’s shares have been outperforming the Industrials sector in 2023 and analysts believe that this trend is likely to continue in the long-term as investors remain bullish on the company’s growth prospects. As such, investors are expecting further price appreciation for Transurban Group’s shares in the coming months.
Price History
On Monday, Transurban Group’s shares rose by 0.5% to close at AU$14.21, which was higher than the Industrials Sector’s closing price of AU$14.2. Currently, news sentiment regarding the company is mostly mixed. As of Monday’s close, Transurban Group stock opened at AU$14.1 and closed at AU$14.2, up by 0.1% from the last closing price. This indicates that Transurban Group is performing well in the current market and investors are confident about the future prospects of the company. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Transurban Group. More…
| Total Revenues | Net Income | Net Margin |
| 4.14k | 163 | 3.9% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Transurban Group. More…
| Operations | Investing | Financing |
| 1.36k | -315 | -1.08k |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Transurban Group. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 38.28k | 24.02k | 4.39 |
Key Ratios Snapshot
Some of the financial key ratios for Transurban Group are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| -0.3% | -4.5% | 19.6% |
| FCF Margin | ROE | ROA |
| 14.0% | 3.6% | 1.3% |
Analysis – Transurban Group Stock Fair Value Calculation
At GoodWhale, we have conducted an in-depth analysis of the wellbeing of TRANSURBAN GROUP. Our proprietary Valuation Line has calculated that the fair value of TRANSURBAN GROUP share is around AU$16.4. However, TRANSURBAN GROUP stock is currently being traded at AU$14.2 – 13.3% less than its fair value. We believe that this presents an opportunity for investors to purchase TRANSURBAN GROUP share at a price which is below its true worth. More…
Peers
Transurban Group competes with a number of companies in the toll road and highway management space, including Atlas Arteria Ltd, Vinci SA, and Jiangsu Expressway Co Ltd. The company has a strong market position and a good track record, but its competitors are also well-established and capable.
– Atlas Arteria Ltd ($ASX:ALX)
Atlas Arteria Ltd is a global investment platform with a focus on infrastructure. The company has a market cap of 9.56B as of 2022 and a Return on Equity of 5.32%. Atlas Arteria’s investment strategy is to target high quality, well-positioned infrastructure assets with long-term, stable cash flows. The company invests across the transportation, social, and utility sectors. Atlas Arteria is headquartered in Sydney, Australia.
– Vinci SA ($OTCPK:VCISY)
Vinci SA is a French construction and concessions company. The company’s market cap as of 2022 is 52.21B. The company’s return on equity is 16.12%. The company’s main businesses are construction, concessions, and energy. The company’s construction business includes the construction of roads, bridges, tunnels, airports, and railway lines. The company’s concessions business includes the operation of airports, motorways, and car parks. The company’s energy business includes the generation and distribution of electricity and gas.
– Jiangsu Expressway Co Ltd ($SHSE:600377)
Jiangsu Expressway Co Ltd is a Chinese expressway operator. The company operates a network of expressways in Jiangsu province, China. As of 2022, the company had a market capitalization of 34.72 billion yuan and a return on equity of 10.96%. The company’s expressway network includes the Nanjing-Qidong Expressway, the Nanjing-Jinghu Expressway, the Suzhou-Jiaxing-Hangzhou Expressway, and the Wuxi-Changxing Expressway.
Summary
The Transurban Group has seen its shares climb 0.5% to close at $14.21, outperforming the Industrials sector in 2023. This positive performance is likely due to the company’s strong financials and operations, including their long-term goals of improving their traffic systems and sustainability. Analysts are generally optimistic about the company’s outlook, believing that the market should continue to see positive trends in the coming years.
Investors looking to capitalize on Transurban Group’s successes should consider both short-term and long-term investment strategies, as the company is likely to see both growth and stability in the future. With the current mostly mixed news sentiment, investors should carefully consider all aspects before investing in this group.
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