Transurban Group (TRAUF) fair value: what the stock is really worth
As of Oct 2, 2026: fair value of Transurban Group $1.45, price $9.32, upside -84.4%, quality 45 out of 100. Calculated from audited financials with 26 valuation models and 37 quality factors, updated daily.
- Fair value above price? No
- Good quality? No
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Transurban Group
TRAUF · USWeakest SetupStrongly overvalued and low quality.
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Price vs Fair Value
White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Sep 29, 2026.
How to read this chart
60‑month range $4.09 – $11.30 · fair‑value band $0.4700 – $1.45 · the $9.32 price screens above the $1.45 fair value. Dashed = 300-day average. As of Sep 29, 2026.
Company profile
Transurban Group, together with its subsidiaries, engages in the development, operation, management, and maintenance of toll road networks in Australia and North America. The company operates 22 toll roads in Melbourne, Sydney, and Brisbane in Australia; the Greater Washington, the United States; and Montreal, Canada.
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Transurban Group, together with its subsidiaries, engages in the development, operation, management, and maintenance of toll road networks in Australia and North America. The company operates 22 toll roads in Melbourne, Sydney, and Brisbane in Australia; the Greater Washington, the United States; and Montreal, Canada. Transurban Group was founded in 1996 and is based in Docklands, Australia.
Stock analysis
Transurban Group (TRAUF) currently trades at $9.32, while our model-based Fair Value estimate is $1.45, 84.4% below the price, so the stock looks overvalued today.
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Valuation
Bull case: the Asset-Based group reads highest at a median of $1.42 per share, and 0 of the 10 models we run sit above the $9.32 price.
Bear case: the Growth Earnings group reads lowest at $0.4900, and 10 of the 10 models stay below the price. Evidence for this calculation is low.
Scenario range: $0.4700 (bear) to $1.45 (bull), the price of $9.32 sits above it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.
Quality & growth
The Quality Score stands at 45/100 (below-average quality), in the Industrials sector.
Weak Growth: Revenue growth is inconsistent: the periods point in different directions, so there is no trend to rely on.
Transurban Group reported revenue of A$3.8B in FY2025 versus A$2.9B in FY2021, a compound +6.9%/yr. Reported net income was A$133M in FY2025, compounding −55.2%/yr from FY2021.
Key figures
Market cap $33.5B · P/E ratio 84.7 · P/S ratio 2.99 · EPS (TTM) $0.1100 · Dividend yield 7.2% · Net margin 3.5% · Return on equity 5.4% · Return on assets (EBIT) 2.3%.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 42 out of 100 (low confidence).
What moves the price
The share trades about 18% below its 52-week high and 5% above its 52-week low, currently below its 200-day average.
For context, the median of 10 Industrials peers we cover trades at 13% fair-value upside, at −84%, TRAUF screens richer than that median.
Fair Value models
All 13 models by family
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Set up alert →Quality Score breakdown
Of which business quality 39 · Market factors (momentum, volatility) 41
Revenue & earnings trend
Growth Forecast
Recent news
- Transurban to buy $4.5 billion of Sydney toll-road stakes from CPP Investments
- With EPS Growth And More, Transurban Group (ASX:TCL) Makes An Interesting Case
- Transurban Group (TRAUF) (Half-Year 2026) Earnings Call Highlights: Strong Revenue Growth ...
- Transurban Group (ASX:TCL) Delivered A Weaker ROE Than Its Industry
Compare Transurban Group with another stock
Price, fair value, quality and upside side by side.
Peer GroupⓘHow this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.Infrastructure Operations · 60 stocks
Valuation Multiplesvs Infrastructure Operations median · lower = cheaper
Context: sector, industry, market
- Is the Industrials sector expensive or cheap?
- P/E, EV/EBITDA and margins by industry (reference tables)
- Undervalued stocks: Industrials
- Undervalued stocks: US Stocks
- Valuation of the USA market
Values & ESG
Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.
Similar stocks
10 more Infrastructure Operations stocks, each showing price versus our Fair Value estimate.
| Stock | Price | Fair Value | vs Fair Value |
|---|---|---|---|
| China Merchants Expressway Network & Technology Holdings 001965 | ¥9.88 | ¥13.02 | +32% |
| Jiangsu Expressway Company 600377 | ¥12.77 | ¥14.47 | +13% |
| Shandong Hi-speed Company 600350 | ¥10.02 | ¥7.88 | −21% |
| Zhejiang Expressway Co 0576 | HK$5.90 | HK$16.36 | +177% |
| Anhui Expressway Company 600012 | ¥15.54 | ¥17.09 | +10% |
| Guangdong Provincial Expressway Development Co 000429 | ¥12.50 | ¥13.75 | +10% |
| Shenzhen Expressway Corporation 600548 | ¥8.06 | ¥9.51 | +18% |
| Sichuan Expressway Company 601107 | ¥6.09 | ¥6.70 | +10% |
| IRB Infrastructure Developers Limited IRB | ₹17.49 | ₹19.95 | +14% |
| CUBEINVIT CUBEINVIT | ₹154.79 | ₹44.34 | −71% |
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Frequently asked questions
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Key figures of Transurban Group
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