ASX:TMETrade Me Group Stock Price, Forecast & News

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Today's Range N/A

50-Day Range N/A

52-Week Range N/A

Volume2.77 million shs

Average Volume560,716 shs

Market Capitalization$2.41 billion

P/E Ratio36.35

Dividend Yield9.71%

BetaN/A

Trade Me Group Limited, together with its subsidiaries, operates and manages an online marketplace and classified advertising platform in New Zealand. It operates through Classifieds, General Items, and Other segments. The Classifieds segment operates classified advertising sites for motors, property, and jobs. The General Items segment engages in the online marketplace business. The Other segment offers advertising, dating, payments gateway, life and health insurance comparison, and general insurance services. The company also provides new and used goods marketplace, real estate and employment, and other ancillary online services. Trade Me Group Limited was founded in 1999 and is headquartered in Wellington, New Zealand.

Beat the Market (BTM) Rank^™

0.0 Analyst's Opinion

Consensus Rating
There is not enough analysis data for Trade Me Group.

2.5 Community Rank

Outperform Votes
Trade Me Group has received 43 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Trade Me Group has received 44 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Trade Me Group has received 50.57% “underperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about Trade Me Group and other stocks. Vote “Outperform” if you believe TME will outperform the S&P 500 over the long term. Vote “Underperform” if you believe TME will underperform the S&P 500 over the long term. You may vote once every thirty days.

1.7 Dividend Strength

Dividend Leadership
Trade Me Group is a leading dividend payer. It pays a dividend yield of 9.71%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
Trade Me Group does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of Trade Me Group is 353.29 %. Payout ratios above 75% are not desirable because they may not be sustainable.

0.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Trade Me Group insiders have not sold or bought any company stock.

0.6 Earnings and Valuation

Earnings Growth
Earnings for Trade Me Group are expected to decrease by -100.00% in the coming year, from A$0.23 to A$0.00 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Trade Me Group is 36.35, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 15.30.
Price to Earnings Ratio vs. Sector
The P/E ratio of Trade Me Group is 36.35, which means that it is trading at a less expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 39.62.

Overall Beat the Market Rank^™

0.96 out of 5 stars

Industry, Sector and Symbol

Stock Exchange ASX

Industry Internet Content & Information

Sub-IndustryN/A

SectorComputer and Technology

Current SymbolASX:TME

Previous Symbol

CUSIPN/A

CIKN/A

Webwww.trademe.co.nz

Phone+64-9-3755998

Debt

Debt-to-Equity Ratio34.33

Current Ratio0.74

Quick Ratio0.74

Price-To-Earnings

Trailing P/E Ratio36.35

Forward P/E RatioN/A

P/E GrowthN/A

Sales & Book Value

Annual Sales$171.48 million

Price / Sales0.00

Cash FlowN/A

Price / Cash Flow47.74

Book ValueA$1.29 per share

Price / BookN/A

Profitability

EPS (Most Recent Fiscal Year)N/A

Net IncomeN/A

Net MarginsN/A

Return on EquityN/A

Return on AssetsN/A

Miscellaneous

Employees601

Outstanding Shares397,076,992

Market Cap$2.41 billion

Next Earnings DateN/A

OptionableNot Optionable

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Trade Me Group (ASX:TME) Frequently Asked Questions

Has Trade Me Group been receiving favorable news coverage?

Media coverage about TME stock has trended negative recently, according to InfoTrie. The research group scores the sentiment of press coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. Trade Me Group earned a coverage optimism score of -2.6 on InfoTrie's scale. They also assigned press coverage about the company a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an effect on the stock's share price in the next several days. View the latest news aboutTrade Me Group.

Who are some of Trade Me Group's key competitors?

Some companies that are related to Trade Me Group include Scout24 (G24), Just Eat (JE), Just Eat Takeaway.com (JET), Auto Trader Group (AUTO), Rightmove (RMV), Carsales.Com (CAR), Trainline (TRN), Independence Contract Drilling (LTRPB), Xing (O1BC), Domain Holdings Australia (DHG), EverBank Financial (EVER), Nearmap (NEA), Gocompare.Com Group (GOCO), Redbubble (RBL) and Frontier Digital (FDV). View all competitors.

Who are Trade Me Group's key executives?

Trade Me Group's management team includes the following people:

Mr. Jon Macdonald, Interim Chief Exec. Officer
Ms. Caroline Rawlinson, Chief Financial Officer
Mr. Simon Young, Chief Product & Technology Officer
Ms. Annie Brown, Chief People Officer
Mr. Nigel Jeffries, Head of Property (Age 55)

What is Trade Me Group's stock symbol?

Trade Me Group trades on the ASX under the ticker symbol "TME."

How big of a company is Trade Me Group?

Trade Me Group has a market capitalization of $0.00 and generates $171.48 million in revenue each year. Trade Me Group employs 601 workers across the globe.

What is Trade Me Group's official website?

The official website for Trade Me Group is www.trademe.co.nz.

How can I contact Trade Me Group?

Trade Me Group's mailing address is Level 5, 2 Market Lane, WELLINGTON, 6011, New Zealand. The company can be reached via phone at +64-9-3755998.

This page was last updated on 6/1/2020 by MarketBeat.com Staff