How to buy Air New Zealand (AIZ) shares in Australia
Learn how to easily invest in Air New Zealand shares.
Air New Zealand is an airlines business based in Australia. Air New Zealand shares (AIZ) are listed on the Australian Securities Exchange (ASX) and all prices are in Australian dollars. Air New Zealand has a trailing 12-month revenue of around $6.3 billion. If you're looking to buy shares, check out the steps below.
How to buy shares in Air New Zealand
- Compare share trading platforms. To buy shares listed in Australia, you'll need to sign up to a broker with access to the ASX. Our table can help you choose.
- Open and fund your brokerage account. Complete an application with your personal and financial details, such as your ID and tax file number. Fund your account with a bank transfer, PayPal or debit card.
- Search for Air New Zealand. Find the share by name or ticker symbol: AIZ. 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 Air New Zealand reaches your desired price. Look into dollar-cost averaging to spread out your risk, 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 on your investment. Congratulations, you own a part of Air New Zealand. 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.
What's in this guide?
- Air New Zealand key stats
- Compare share trading platforms
- Is Air New Zealand stock a buy or sell?
- Air New Zealand performance over time
- Are Air New Zealand shares over-valued?
- Air New Zealand's financials
- How volatile are Air New Zealand shares?
- Does Air New Zealand pay a dividend?
- Have Air New Zealand shares ever split?
- Other common questions
Air New Zealand stock price (ASX:AIZ)Use our graph to track the performance of AIZ stocks over time.
Air New Zealand shares at a glance
|52-week range||$0.595 - $0.715|
|50-day moving average||$0.6387|
|200-day moving average||$0.6982|
|Dividend yield||$0 (7.71%)|
|Earnings per share (TTM)||$0.11|
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Is it a good time to buy Air New Zealand 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.
Air New Zealand price performance over time
|1 week (2023-11-20)||-1.65%|
|1 month (2023-10-27)||-1.65%|
|3 months (2023-08-28)||-18.49%|
|6 months (2023-05-26)||-16.78%|
|1 year (2022-11-28)||-17.36%|
|2 years (2021-11-26)||-59.93%|
|3 years (2020-11-27)||-66.38%|
|5 years (2018-11-28)||-79.62%|
Is Air New Zealand under- or over-valued?
Valuing Air New Zealand stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Air New Zealand's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
Air New Zealand's P/E ratio
Air New Zealand's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 5x. In other words, Air New Zealand shares trade at around 5x 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.
Air New Zealand's PEG ratio
Air New Zealand's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 0.868. 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 Air New Zealand's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.
Air New Zealand's EBITDA
Air New Zealand's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $935 million (£0.0 million).
The EBITDA is a measure of a Air New Zealand's overall financial performance and is widely used to measure a its profitability.
Air New Zealand financials
|Revenue TTM||$6.3 billion|
|Operating margin TTM||8.98%|
|Gross profit TTM||$2 billion|
|Return on assets TTM||4.18%|
|Return on equity TTM||21.94%|
|Market capitalisation||$2 billion|
TTM: trailing 12 months
Air New Zealand share dividends
We're not expecting Air New Zealand to pay a dividend over the next 12 months.
Have Air New Zealand's shares ever split?
Air New Zealand's shares were split on a 1:5 basis on 17 August 2004. So if you had owned 5 shares the day before the split, the next day you would own 1 share. This wouldn't directly have changed the overall worth of your Air New Zealand shares – just the quantity. However, indirectly, the new 400% higher share price could have impacted the market appetite for Air New Zealand shares which in turn could have impacted Air New Zealand's share price.
Air New Zealand share price volatility
Over the last 12 months, Air New Zealand's shares have ranged in value from as little as $0.595 up to $0.715. 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 Air New Zealand's is 1.425. This would suggest that Air New Zealand's shares are more volatile than the average for this exchange and represent, relatively speaking, a higher risk (but potentially also market-beating returns).
Air New Zealand overview
Air New Zealand Limited provides passenger and cargo transportation services on scheduled airlines primarily in New Zealand, Australia, the Pacific Islands, the United Kingdom, Europe, Asia, and the United States. The company also offers ground handling services; engineering and maintenance services, including aircraft and component maintenance, repair, and overhaul services; aviation services; and aircraft leasing and financing services. As of June 30, 2023, it operated a fleet of 7 Boeing 777-300ER, 14 Boeing 787-9 Dreamliner, 6 Airbus A320neo, 10 Airbus A321neo, 17 Airbus A320CEO, 29 ATR 72-600, and 23 Bombardier Q300 aircrafts. The company was formerly known as Tasman Empire Airways Limited and changed its name to Air New Zealand Limited in April 1965. Air New Zealand Limited was incorporated in 1940 and is based in Auckland, New Zealand.
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