How to buy Adelaide Brighton (ABC) shares
Learn how to easily invest in Adelaide Brighton shares.
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Adbri Limited is a building materials business based in Australia. Adelaide Brighton shares (ABC) are listed on the Australian Securities Exchange (ASX) and all prices are in Australian Dollars. Adelaide Brighton has a trailing 12-month revenue of around $1.5 billion. If you're looking to buy shares, check out the steps below.
How to buy shares in Adelaide Brighton
- Compare share trading platforms. To buy shares listed in Australia, you'll need to sign up to a broker with access to the Australian Securities Exchange (ASX). Our table below can help you choose.
- Open and fund your brokerage account. Complete an application with your personal and financial details, like your ID and tax file number. Fund your account with a bank transfer, PayPal or debit card.
- Search for Adelaide Brighton. Find the share by name or ticker symbol: ABC. Research its history to confirm it's a solid investment against your financial goals.
- Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until Adelaide Brighton reaches your desired price. To spread out your risk, look into dollar-cost averaging, which smooths out buying at consistent intervals and amounts.
- 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.
- Check in on your investment. Congratulations, you own a part of Adelaide Brighton. Optimise your portfolio by tracking how your stock — and even 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 can affect your stock.
What's in this guide?
- Adelaide Brighton key stats
- Compare share trading platforms
- Is Adelaide Brighton stock a buy or sell?
- Adelaide Brighton performance over time
- Are Adelaide Brighton shares over-valued?
- Adelaide Brighton's financials
- How volatile are Adelaide Brighton shares?
- Does Adelaide Brighton pay a dividend?
- Have Adelaide Brighton shares ever split?
- Other common questions
Adelaide Brighton stock price (ASX:ABC)Use our graph to track the performance of ABC stocks over time.
Adelaide Brighton shares at a glance
|52-week range||$2.6984 - $3.8065|
|50-day moving average||$3.5476|
|200-day moving average||$3.409|
|Dividend yield||$0.128 (3.78%)|
|Earnings per share (TTM)||$0.185|
Compare share trading platforms
We update our data regularly, but information can change between updates. Confirm details with the provider you're interested in before making a decision.
Is it a good time to buy Adelaide Brighton stock?
The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. 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.
Adelaide Brighton price performance over time
|1 week (2021-09-17)||-6.32%|
|1 month (2021-08-25)||-5.78%|
|3 months (2021-06-25)||-5.23%|
|6 months (2021-03-25)||-3.83%|
|1 year (2020-09-25)||15.19%|
|2 years (2019-09-25)||4.49%|
|3 years (2018-09-25)||-47.33%|
|5 years (2016-09-23)||-38.37%|
Is Adelaide Brighton under- or over-valued?
Valuing Adelaide Brighton stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Adelaide Brighton's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
Adelaide Brighton's P/E ratio
Adelaide Brighton's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 18x. In other words, Adelaide Brighton shares trade at around 18x 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.
Adelaide Brighton's PEG ratio
Adelaide Brighton's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 7.15. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.
The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into Adelaide Brighton's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.
Adelaide Brighton's EBITDA
Adelaide Brighton's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $240.8 million (£0.0 million).
The EBITDA is a measure of a Adelaide Brighton's overall financial performance and is widely used to measure a its profitability.
Adelaide Brighton financials
|Revenue TTM||$1.5 billion|
|Operating margin TTM||10.43%|
|Gross profit TTM||$237.3 million|
|Return on assets TTM||4.19%|
|Return on equity TTM||9.96%|
|Market capitalisation||$2.1 billion|
TTM: trailing 12 months
Adelaide Brighton share dividends
Dividend payout ratio: 67.11% of net profits
Recently Adelaide Brighton has paid out, on average, around 67.11% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 3.37% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Adelaide Brighton shareholders could enjoy a 3.37% return on their shares, in the form of dividend payments. In Adelaide Brighton's case, that would currently equate to about A$0.128 per share.
Adelaide Brighton'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 21 September 2021 (the "ex-dividend date").
Have Adelaide Brighton's shares ever split?
Adelaide Brighton's shares were split on 5 March 2008.
Adelaide Brighton share price volatility
Over the last 12 months, Adelaide Brighton's shares have ranged in value from as little as $2.6984 up to $3.8065. A popular way to gauge a stock's volatility is its "beta".
Beta is a measure of a share's volatility in relation to the market. The market (AU average) beta is 1, while Adelaide Brighton's is 1.2919. This would suggest that Adelaide Brighton's shares are more volatile than the average for this exchange and represent, relatively-speaking, a higher risk (but potentially also market-beating returns).
Adelaide Brighton overview
Adbri Limited manufactures, imports, distributes, and markets construction materials in Australia. The company operates in two segments, Cement, Lime, Concrete and Aggregates; and Concrete Products. It offers cement, lime, premixed concrete, aggregates, and sand; concrete bricks and blocks, pavers, retaining wall blocks; and industrial minerals comprising stockfield minerals and fillers, silica, and quick and hydrated lime. The company offers its products to residential and non-residential construction, engineering construction, industrial manufacturing, and mining markets. The company was formerly known as Adelaide Brighton Limited and changed its name to Adbri Limited in May 2020. Adbri Limited was founded in 1882 and is based in Sydney, Australia.
Stocks similar to Adelaide Brighton
Adelaide Brighton in the news
Don't Race Out To Buy Adbri Limited (ASX:ABC) Just Because It's Going Ex-Dividend
Adbri's (ASX:ABC) Dividend Will Be Increased To AU$0.055
In spite of Adbri Limited's recent pullback, insiders still gained about AU$7.7k after buying earlier this year.
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