A$7.73
Megaport is a software - infrastructure business based in Australia. Megaport shares (MP1) are listed on the Australian Securities Exchange (ASX) and all prices are in Australian dollars. Megaport has a trailing 12-month revenue of around $195.3 million. If you're looking to buy shares, check out the steps below.
How to buy shares in Megaport
To buy shares listed in Australia such as Megaport, 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 or you can see our list of the best share trading platforms in Australia. Then follow these steps.
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Open and fund your brokerage account. Complete an application with your personal and financial details, including your ID and tax file number. Fund your account with a bank transfer, PayPal or debit card.
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Search for Megaport. Find the share by name or ticker symbol: MP1. Research its history to confirm it's a solid investment against your financial goals.
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Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until Megaport reaches your desired price. Look into dollar-cost averaging to spread out your risk, which smooths out buying at consistent intervals and amounts.
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Decide on how many to buy. At today's price, weigh your budget against a diversified portfolio that can minimise risk through the market's ups and downs.
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Check on your investment. Congratulations, you own a part of Megaport. Optimise your portfolio by tracking how your stock and the business performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights on directors and management that affect your stock.
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Megaport stock price (ASX:MP1)
Use our graph to track the performance of MP1 stocks over time.Megaport shares at a glance
52-week range | $8.36 - $15.65 |
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50-day moving average | $10.7862 |
200-day moving average | $12.0837 |
Target price | $15.26 |
PE ratio | 142.3333 |
Dividend yield | N/A (0%) |
Earnings per share (TTM) | $0.06 |
Where to buy Megaport shares
Is it a good time to buy Megaport stock?
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.
Megaport price performance over time
Historical closes compared with the last close of A$7.67
1 week (2024-08-30) | -10.19% |
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1 month (2024-08-06) | -23.83% |
3 months (2024-06-06) | -39.03% |
6 months (2024-03-06) | -47.10% |
1 year (2023-09-06) | -36.30% |
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2 years (2022-09-06) | 5.65% |
3 years (2021-09-06) | -55.59% |
5 years (2019-09-06) | -18.06% |
Is Megaport under- or over-valued?
Valuing Megaport stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Megaport's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
Megaport's P/E ratio
Megaport's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 142x. In other words, Megaport shares trade at around 142x recent earnings.
That's relatively high compared to, say, the P/E ratio for the ASX over the 12 months to December 2019 (32.14). The high P/E ratio could mean that investors are optimistic about the outlook for the shares or simply that they're over-valued.
Megaport's EBITDA
Megaport's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $23.2 million (£0.0 million).
The EBITDA is a measure of a Megaport's overall financial performance and is widely used to measure stock profitability.
Megaport financials
Revenue TTM | $195.3 million |
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Gross profit TTM | $103.9 million |
Return on assets TTM | 1.38% |
Return on equity TTM | 6.81% |
Profit margin | 4.92% |
Book value | 0.966 |
Market capitalisation | $1.4 billion |
TTM: trailing 12 months
Megaport share dividends
We're not expecting Megaport to pay a dividend over the next 12 months.
Megaport share price volatility
Over the last 12 months, Megaport's shares have ranged in value from as little as $8.36 up to $15.65. 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 Megaport's is 0.97. This would suggest that Megaport's shares are less volatile than average (for this exchange).
Megaport overview
Megaport Limited provides on-demand interconnection and internet exchange services to the enterprises and service providers in Australia, New Zealand, Hong Kong, Singapore, Japan, North America, and Europe. It operates a platform that enables customers to connect their network to other services, as well as agile networking. The company also offers hybrid cloud, cloud to cloud, Virtual PoPs (Points of Presence), global WAN, and Data Center Interconnect solutions. In addition, it provides cloud connectivity solutions, such as AWS, Microsoft Azure, and Google Cloud, as well Oracle cloud, data center operators, and systems integrators. The company was founded in 2013 and is headquartered in Fortitude Valley, Australia.
Megaport in the news
What Does Megaport Limited's (ASX:MP1) Share Price Indicate?
Megaport Limited (ASX:MP1) is a favorite amongst institutional investors who own 58%
An Intrinsic Calculation For Megaport Limited (ASX:MP1) Suggests It's 42% Undervalued
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