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How to buy ALE Property Group shares | A$4.29

Own ALE Property Group shares in just a few minutes.

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ALE Property Group is a reit—hotel & motel business based in Australia. ALE Property Group shares (LEP) are listed on the Australian Securities Exchange (ASX) and all prices are listed in Australian Dollars. Its last market close was $4.29 – an increase of 0.47% over the previous week. ALE Property Group has a trailing 12-month revenue of around $61.4 million.

How to buy shares in ALE Property Group

  1. 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.
  2. 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.
  3. Search for ALE Property Group. Find the share by name or ticker symbol: LEP. Research its history to confirm it's a solid investment against your financial goals.
  4. Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until ALE Property Group reaches your desired price. To spread out your risk, look into dollar-cost averaging, which smooths out buying at consistent intervals and amounts.
  5. Decide on how many to buy. At today's price of $4.29, weigh your budget against a diversified portfolio that can minimise risk through the market's ups and downs.
  6. Check in on your investment. Congratulations, you own a part of ALE Property Group. 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.

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How has coronavirus impacted ALE Property Group's share price?

Since the stock market crash in March caused by coronavirus, ALE Property Group's share price has had significant negative movement.

Its last market close was $4.29, which is 23.67% down on its pre-crash value of $5.62 and 29.22% up on the lowest point reached during the March crash when the shares fell as low as $3.32.

If you had bought $1,000 worth of ALE Property Group shares at the start of February 2020, those shares would have been worth $641.70 at the bottom of the March crash, and if you held on to them, then as of the last market close they'd be worth $764.69.

ALE Property Group share price

Use our graph to track the performance of LEP stocks over time.

ALE Property Group shares at a glance

Information last updated 2020-10-20.
Latest market closeAUDA$4.29
52-week rangeAUDA$3.32 - AUDA$5.75
50-day moving average AUDA$4.5569
200-day moving average AUDA$4.599
Target priceAUDA$4.54
PE ratio 41.7808
Dividend yield AUDA$0.21 (4.79%)
Earnings per share (TTM) AUDA$0.102

Share Trading Account Offer

IG Share Trading Offer

AUD 8

Standard brokerage - Australian shares

Share Trading Account Offer

Competitive broker fees on Australian and international shares

  • Brokerage - AU shares: From AUD 5 or 0.05%
  • Brokerage - US shares: USD 0
  • Sign-up process: Instant
  • Support - After hours: Yes
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Important: Share trading carries risk of capital loss.

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The value of your investments can fall as well as rise and you may get back less than you invested. Past performance is no indication of future results.
Data indicated here is updated regularly
Name Product Standard brokerage fee Inactivity fee Markets
IG Share Trading
Finder Award
IG Share Trading
AUD 8 or 0.1%
AUD 50 per quarter if you make fewer than three trades in that period
ASX shares, Global shares, Forex, CFDs, Margin trading
Brokerage discount: $5 on Australian shares for active traders & $0 commission on US and global shares
Enjoy some of the lowest brokerage fees on the market when trading Australian shares, international shares, forex and CFDs, plus get access to 24-hour customer support.
Superhero share trading
AUD 5
No
ASX shares
Pay zero brokerage on all Australian ETFs.
Trade ASX stocks with a flat $5 commission fee and a low minimum investment of just $100.
CMC Markets Stockbroking
AUD 11 or 0.1%
No
ASX shares, Global shares, Forex, CFDs, Margin trading, Options trading, mFunds
$0 brokerage on global shares including US, UK and Japan markets.
Trade up to 9,000 products, including shares, managed funds, forex, commodities and cryptocurrencies, plus access up to 15 major global and Australian stock exchanges.
ANZ Share Investing
AUD 19.95
No
ASX shares, Global shares, Margin trading, Options trading
Earn 1 Qantas Point per AU$3 spent on brokerage fees on certain instruments.
Access Morningstar reports, company announcements and and live pricing via ANZ’s share investing platform. Available for desktop and mobile.
Westpac Online Investing Account
AUD 19.95 or 0.11%
AUD 63.50 per year on the global markets account
ASX shares, Global shares, Options trading, US shares
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Is it a good time to buy ALE Property Group 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.

ALE Property Group price performance over time

Historical closes compared with the close of A$4.29 on 2020-10-22

1 week (2020-10-16) 0.47%
1 month (2020-09-24) -2.28%
3 months (2020-07-24) -13.33%
6 months (2020-04-24) 3.87%
1 year (2019-10-24) -18.75%
2 years (2018-10-24) -17.66%
3 years (2017-10-24) -8.92%
5 years (2015-10-23) 10.00%

Is ALE Property Group under- or over-valued?

Valuing ALE Property Group stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of ALE Property Group's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

ALE Property Group's P/E ratio

ALE Property Group's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 42x. In other words, ALE Property Group shares trade at around 42x 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.

ALE Property Group's EBITDA

ALE Property Group's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $53 million.

The EBITDA is a measure of a ALE Property Group's overall financial performance and is widely used to measure a its profitability.

ALE Property Group financials

Revenue TTM $61.4 million
Operating margin TTM 86.07%
Gross profit TTM $54.8 million
Return on assets TTM 2.74%
Return on equity TTM 3.37%
Profit margin 32.61%
Book value 2.986
Market capitalisation $855.5 million

TTM: trailing 12 months

ALE Property Group share dividends

Dividend payout ratio: 209% of net profits

Recently ALE Property Group has paid out, on average, around 209% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 4.79% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), ALE Property Group shareholders could enjoy a 4.79% return on their shares, in the form of dividend payments. In ALE Property Group's case, that would currently equate to about A$0.21 per share.

ALE Property Group'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 28 June 2020 (the "ex-dividend date").

Have ALE Property Group's shares ever split?

ALE Property Group's shares were split on 9 August 2009.

ALE Property Group share price volatility

Over the last 12 months, ALE Property Group's shares have ranged in value from as little as $3.32 up to $5.75. A popular way to gauge a stock's volatility is its "beta".

LEP.AU volatility(beta: 0.63)Avg. volatility(beta: 1.00)LowHigh

Beta is a measure of a share's volatility in relation to the market. The market (AU average) beta is 1, while ALE Property Group's is 0.6305. This would suggest that ALE Property Group's shares are less volatile than average (for this exchange).

ALE Property Group overview

ALE Property Group (ASX:LEP) is the owner of Australia's largest portfolio of freehold pub properties. Established in November 2003, ALE owns a portfolio of around 86 pub properties across the five mainland states of Australia. All of the properties are leased to Australian Leisure and Hospitality Group Limited (ALH) for an average initial term of around a further 9 years. ALH is owned by a joint venture (ALH Group); 75% is controlled by Woolworths Limited, Australia's leading retailer and the remaining 25% by one of Australia's leading hoteliers, the Bruce Mathieson Group (BMG). ALH Group, through its ownership of MGW, BMG and Taverner is Australia's leading pub operator. Woolworths is Australia's leading liquor retailer. Its operations include Dan Murphys and BWS.

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