Tabcorp HoldingsASX:TAH +0.61%50 Net Margin % is 1.61% as of Dec. 2025, which is 22% below its 10-year median of 2.07. GuruFocus rates ASX:TAH with a GF Score™ of 50/100 and a GF Value™ of A$0.81 (Fairly Valued). The stock has 6 warning signs investors should review. Among 847 Travel & Leisure companies, Tabcorp Holdings ranks worse than 63.64% on this metric.
The historical rank and industry rank for Tabcorp Holdings's Net Margin % or its related term are showing as below:
ASX:TAH'
s Net Margin % Range Over the Past 10 Years
Min: -58.13 Med: 2.07 Max: 285.51
Current: 1.26
ASX:TAH's Net Margin % is ranked worse than 63.64% of 847
companies
in the Travel & Leisure industry
Industry Median: 4.74
vs ASX:TAH: 1.26
Tabcorp Holdings (ASX:TAH) Net Margin % Explanation
Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.
But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.
Tabcorp Holdings Net Margin % Related Terms
Tabcorp Holdings Net Margin % Historical Data
* Premium members only.
The historical data trend for Tabcorp Holdings's Net Margin % can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
ASX:TAH vs FLUT, DKNG, LNWO: Net Margin % Comparison
For the Gambling subindustry, Tabcorp Holdings's Net Margin %, along with its competitors' market caps and Net Margin % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Tabcorp Holdings Net Margin % vs Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, Tabcorp Holdings's Net Margin % distribution charts can be found below:
* The bar in red indicates where Tabcorp Holdings's Net Margin % falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Tabcorp Holdings (ASX:TAH) has a Net Margin % of 1.61% as of Dec. 2025. Net margin is the ratio of total net income to net sales. View historical data on Tabcorp Holdings and its competitors. This is 22% below median its historical median of 2.07. According to the industry distribution chart, Tabcorp Holdings ranks #539 out of 847 companies in the Travel & Leisure industry, placing it in the top 63.6%.
Is Tabcorp Holdings' Net Margin % too high?
Tabcorp Holdings' current Net Margin % of 1.61% is 22% below median its 10-year median of 2.07. The Travel & Leisure industry median Net Margin % is 4.74. Tabcorp Holdings' value of 1.61% is 66% below this industry median. Based on the distribution chart, Tabcorp Holdings ranks #539 out of 847 companies in the Travel & Leisure industry, which is below the industry midpoint. Overall, Tabcorp Holdings has a GF Score™ of 50/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Tabcorp Holdings' Net Margin % compare to FLUT and DKNG?
According to the Travel & Leisure industry distribution chart, Tabcorp Holdings ranks #539 out of 847 companies for Net Margin %. This places Tabcorp Holdings in the lower half of its industry. The industry median Net Margin % is 4.74. Tabcorp Holdings' value of 1.61% is 66% below this benchmark. While the company's 10-year median is 2.07 vs. the industry median of 4.74, Tabcorp Holdings has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net Margin % for a Travel & Leisure company?
The median Net Margin % among Travel & Leisure companies is 4.74, based on 847 companies in the industry. Companies in the top quartile (top 25%) have a Net Margin % significantly above this median, while those in the bottom quartile fall well below. However, Net Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Tabcorp Holdings's current Net Margin % of 1.61% is 66% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Net Margin % mean?
A high Net Margin % can signal that a stock is expensive relative to its fundamentals. Net margin is the ratio of total net income to net sales. View historical data on Tabcorp Holdings and its competitors. For the Travel & Leisure industry, the median Net Margin % is 4.74 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tabcorp Holdings's current Net Margin % is 1.61%, which is 22% below median its own 10-year median of 2.07. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tabcorp Holdings stock overvalued right now?
Based on GuruFocus' analysis, Tabcorp Holdings (ASX:TAH) is currently considered Fairly Valued. The stock's GF Value™ is A$0.81, compared to a current price of A$0.83 — trading 1.9% above its estimated fair value. The current Net Margin % is 1.61%, which is 22% below median its 10-year median of 2.07 and 66% below the Travel & Leisure industry median of 4.74. Tabcorp Holdings' overall GF Score™ is 50/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Margin % calculated?
Net Margin % is calculated from a company's financial statements. For Tabcorp Holdings (ASX:TAH), the current Net Margin % is 1.61% as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Tabcorp Holdings (ASX:TAH) Overvalued in 2026?
Based on GuruFocus' analysis, Tabcorp Holdings stock appears to be overvalued.
The current stock price of A$0.83 is trading 1.9% above its estimated GF Value™ of A$0.81.
GuruFocus considers Tabcorp Holdings to be Fairly Valued.
Key valuation signals for ASX:TAH:
Net Margin %: 1.61% (22% below median its 10-year median of 2.07)
GF Value™: A$0.81 vs. price of A$0.83 (1.9% above fair value)
Industry Position: 66% below the Travel & Leisure median (#539 of 847)
No single metric tells the full story. See the ASX:TAH stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Tabcorp is essentially a pure-play Australian wagering operator, with exclusive rights to physical wagering at venues (pubs, clubs, and racecourses) and also a digital offering. Tabcorp operates through principally through two segments: wagering and media and gaming services. The firm conducts wagering activities under the TAB brand both online and physically in every Australian state and territory other than Western Australia, reaching 90% of the population through a network of retail venues. In addition, Integrity Services provides services to electronic gaming machine venues.
50GF Score
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