ASX is a financial data & stock exchanges business based in Australia. ASX shares (ASX) are listed on the Australian Securities Exchange (ASX) and all prices are in Australian dollars. ASX has a trailing 12-month revenue of around $1.5 billion. If you're looking to buy shares, check out the steps below.
To buy shares listed in Australia such as ASX, you'll need to sign up to a broker with access to the ASX. Our table can help you compare share trading platforms and choose. Then follow these steps.
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| 52-week range | $53.1494 - $68.25 |
|---|---|
| 50-day moving average | $65.6604 |
| 200-day moving average | $61.1399 |
| Target price | $61.66 |
| PE ratio | 25.8041 |
| Dividend yield | $2.133 (3.2%) |
| Earnings per share (TTM) | $2.45 |
The technical analysis gauge below displays real-time ratings for the timeframes you select. However, this is not a recommendation. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
Historical closes compared with the last close of A$63.22
| 1 week (2024-04-11) | -0.91% |
|---|---|
| 1 month (2024-03-18) | -6.67% |
| 3 months (2024-01-18) | -1.57% |
| 6 months (2023-10-18) | 11.11% |
| 1 year (2023-04-18) | -7.76% |
|---|---|
| 2 years (2022-04-14) | -23.12% |
| 3 years (2021-04-16) | -12.32% |
| 5 years (2019-04-18) | -11.73% |
Valuing ASX stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of ASX's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
ASX's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 26x. In other words, ASX shares trade at around 26x recent earnings.
That's relatively low compared to, say, the P/E ratio for the ASX over the 12 months to December 2019 (32.14). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.
ASX's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $1.1 billion (£0.0 million).
The EBITDA is a measure of a ASX's overall financial performance and is widely used to measure stock profitability.
| Revenue TTM | $1.5 billion |
|---|---|
| Operating margin TTM | 71.04% |
| Gross profit TTM | $1.1 billion |
| Return on assets TTM | 4.32% |
| Return on equity TTM | 13.02% |
| Profit margin | 31.31% |
| Book value | 18.861 |
| Market capitalisation | $12.3 billion |
TTM: trailing 12 months
Environmental, social and governance (known as ESG) criteria are a set of three factors used to measure the sustainability and social impact of companies like ASX.
When it comes to ESG scores, lower is better, and lower scores are generally associated with lower risk for would-be investors.
Total ESG risk: 25.6
Socially conscious investors use ESG scores to screen how an investment aligns with their worldview, and ASX's overall score of 25.6 (as at 12/31/2018) is pretty good – landing it in it in the 20th percentile of companies rated in the same sector.
ESG scores are increasingly used to estimate the level of risk a company like ASX is exposed to within the areas of "environmental" (carbon footprint, resource use etc.), "social" (health and safety, human rights etc.), and "governance" (anti-corruption, tax transparency etc.).
Environmental score: 10.71/100
ASX's environmental score of 10.71 puts it squarely in the 9th percentile of companies rated in the same sector. This could suggest that ASX is a leader in its sector terms of its environmental impact, and exposed to a lower level of risk.
Social score: 11.29/100
ASX's social score of 11.29 puts it squarely in the 9th percentile of companies rated in the same sector. This could suggest that ASX is a leader in its sector when it comes to taking good care of its workforce and the communities it impacts.
Governance score: 12.59/100
ASX's governance score puts it squarely in the 9th percentile of companies rated in the same sector. That could suggest that ASX is a leader in its sector when it comes to responsible management and strategy, and exposed to a lower level of risk.
ASX Ltd was last rated for ESG on: 2019-01-01.
| Total ESG score | 25.6 |
|---|---|
| Total ESG percentile | 20.08 |
| Environmental score | 10.71 |
| Environmental score percentile | 9 |
| Social score | 11.29 |
| Social score percentile | 9 |
| Governance score | 12.59 |
| Governance score percentile | 9 |
Dividend payout ratio: 93.26% of net profits
Recently ASX has paid out, on average, around 93.26% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 3.2% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), ASX shareholders could enjoy a 3.2% return on their shares, in the form of dividend payments. In ASX's case, that would currently equate to about A$2.133 per share.
ASX's payout ratio would broadly be considered high, and as such this stock could appeal to those looking to generate an income. Bear in mind however that companies should normally also look to re-invest a decent amount of net profits to ensure future growth.
The latest dividend was paid out to all shareholders who bought their shares by 29 February 2024 (the "ex-dividend date").
ASX's shares were split on a 1.0145:1 basis on 20 March 2000. So if you had owned 1 share the day before the split, the next day you would own 1.0145 shares. This wouldn't directly have changed the overall worth of your ASX shares – just the quantity. However, indirectly, the new 1.4% lower share price could have impacted the market appetite for ASX shares which in turn could have impacted ASX's share price.
Over the last 12 months, ASX's shares have ranged in value from as little as $53.1494 up to $68.25. A popular way to gauge a stock's volatility is its "beta".
Beta measures a share's volatility in relation to the market. The market (AU average) beta is 1, while ASX's is 0.276. This would suggest that ASX's shares are less volatile than average (for this exchange).
ASX Limited operates as a multi-asset class and integrated exchange company in Australia and internationally. The company provides education programs, research and insights, investor access and peer group networking; distribution facility for quoted exchange traded funds (ETFs) and debt securities. It is also involved in the trading of futures and options on interest rate, equity index, agriculture and energy products, and options over individual securities; cash market trading of equities, warrants, exchange-traded funds, and debt securities; and clearing of exchange-traded derivatives and over-the-counter interest rate and equity derivatives. In addition, it offers information services, including pricing and trading data; technical services, such as s market access, connectivity, hosting and co-location services; central counterparty clearing and settlement services for equities; settlement, depository, and registry services for debt securities; and payment platform for property transactions, high value payments and electricity providers. The company was incorporated in 1987 and is based in Sydney, Australia.
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