Transurban Group
ASX:TCL
Decide at what price you'd be comfortable buying and we'll help you stay ready.
|
Johnson & Johnson
NYSE:JNJ
|
US |
|
Berkshire Hathaway Inc
NYSE:BRK.A
|
US |
|
Bank of America Corp
NYSE:BAC
|
US |
|
Mastercard Inc
NYSE:MA
|
US |
|
UnitedHealth Group Inc
NYSE:UNH
|
US |
|
Exxon Mobil Corp
NYSE:XOM
|
US |
|
Pfizer Inc
NYSE:PFE
|
US |
|
Nike Inc
NYSE:NKE
|
US |
|
Visa Inc
NYSE:V
|
US |
|
Alibaba Group Holding Ltd
NYSE:BABA
|
CN |
|
JPMorgan Chase & Co
NYSE:JPM
|
US |
|
Coca-Cola Co
NYSE:KO
|
US |
|
Verizon Communications Inc
NYSE:VZ
|
US |
|
Chevron Corp
NYSE:CVX
|
US |
|
Walt Disney Co
NYSE:DIS
|
US |
|
PayPal Holdings Inc
NASDAQ:PYPL
|
US |
EV/IC
Enterprise Value to Invested Capital (EV/IC) ratio compares a company`s total enterprise value to the capital invested in its business. It shows how efficiently the company`s market value reflects the funds used to generate returns.
Enterprise Value to Invested Capital (EV/IC) ratio compares a company`s total enterprise value to the capital invested in its business. It shows how efficiently the company`s market value reflects the funds used to generate returns.
Valuation Scenarios
If EV/IC returns to its 3-Year Average (1.7), the stock would be worth AU$12.37 (12% downside from current price).
| Scenario | EV/IC Value | Implied Price | Upside/Downside |
|---|---|---|---|
| Current Multiple | 1.9 | AU$14 |
0%
|
| 3-Year Average | 1.7 | AU$12.37 |
-12%
|
| 5-Year Average | 1.6 | AU$11.86 |
-15%
|
| Industry Average | 1.8 | AU$13.33 |
-5%
|
| Country Average | 1.7 | AU$12.73 |
-9%
|
Forward EV/IC
Today’s price vs future invested capital
Peer Comparison
| Market Cap | EV/IC | P/E | ||||
|---|---|---|---|---|---|---|
| AU |
|
Transurban Group
ASX:TCL
|
43.6B AUD | 1.9 | 91.2 | |
| IT |
A
|
Atlantia SpA
F:AU9
|
18.7B EUR | 0.7 | 2.7 | |
| FR |
|
Getlink SE
PAR:GET
|
10.3B EUR | 1.9 | 32.3 | |
| CN |
|
China Merchants Expressway Network Technology Holdings Co Ltd
SZSE:001965
|
63.3B CNY | 0.7 | 14.3 | |
| CN |
|
Jiangsu Expressway Co Ltd
SSE:600377
|
61.6B CNY | 1 | 13.5 | |
| MX |
|
Aleatica SAB de CV
BMV:ALEATIC
|
142B MXN | 0.5 | 7.3 | |
| CN |
|
Shandong Hi-speed Co Ltd
SSE:600350
|
51.9B CNY | 0.8 | 19.6 | |
| MX |
|
Promotora y Operadora de Infraestructura SAB de CV
BMV:PINFRA
|
120.4B MXN | 1.7 | 8.2 | |
| BR |
|
Motiva Infraestrutura de Mobilidade SA
BOVESPA:MOTV3
|
31.2B BRL | 1 | 9.6 | |
| CN |
Z
|
Zhejiang Expressway Co Ltd
HKEX:576
|
46.8B HKD | 0.3 | 7.6 | |
| BR |
|
CCR SA
BOVESPA:CCRO3
|
27.3B BRL | 1 | 21.9 |
Market Distribution
| Min | 0 |
| 30th Percentile | 1.1 |
| Median | 1.7 |
| 70th Percentile | 3.5 |
| Max | 3 073.7 |
Other Multiples
Transurban Group
Glance View
Transurban Group, an Australian powerhouse in the toll-road sector, finds its roots deeply intertwined with the modern urban mobility narrative. Emerging in the 1990s, Transurban arose as a key player in developing, managing, and maintaining toll road networks primarily across Australia, as well as parts of North America. The company fundamentally transforms the flow of city commuting, deftly leveraging both technology and strategic partnerships with governments to ensure smoother, faster urban travel. By holding long-term concessions for these roads, Transurban guarantees an effective, sustainable road network, all while establishing itself as a leader in traffic management systems. With urban sprawl and congestion skyrocketing, the company’s model shines as an example of how infrastructure providers can significantly enhance quality of life in bustling cities. Transurban’s business model rests on a straightforward yet lucrative premise: the collection of tolls from drivers who utilize its roads. This system allows the company to generate a steady stream of revenue while contributing to road maintenance and enhancements. Over the years, Transurban has crafted sophisticated tolling technologies that offer seamless experiences for commuters, minimizing delays and reducing congestion. Additionally, as urban areas continue to expand, Transurban's roads become vital conduits, thus increasing traffic volume and revenue potential. Furthermore, its ability to invest in and expand existing toll roads or develop new ones solidifies its market presence, ensuring that its financial performance remains as dynamic as the urban landscapes it helps to shape. In essence, Transurban's strategic focus on innovation and partnership enables it to thrive in the ever-evolving landscape of urban transport infrastructure.