How to buy ALE Property Group shares

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 in Australian Dollars. ALE Property Group has a trailing 12-month revenue of around $62.1 million. If you're looking to buy shares, check out the steps below.

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, 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.

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 2021-06-10.
52-week range$4.1558 - $5.3879
50-day moving average $4.5068
200-day moving average $4.636
Target price$4.54
PE ratio 13.2558
Dividend yield $0.212 (4.71%)
Earnings per share (TTM) $0.344

Compare share trading platforms

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.
Name Product Standard brokerage fee Inactivity fee Markets
Superhero share trading
AUD $5
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ASX shares, ETFs
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Bell Direct Share Trading
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Bell Direct offers a one-second placement guarantee on market-to-limit ASX orders or your trade is free, plus enjoy extensive free research reports from top financial experts.
IG Share Trading
Finder Award
IG Share Trading
AUD $8 or 0.1%
$50 per quarter if you make fewer than three trades in that period
ASX shares, Global shares
$0 brokerage for US and global shares plus get an active trader discount of $5 commission on Australian shares.
Enjoy some of the lowest brokerage fees on the market when trading Australian shares, international shares, plus get access to 24-hour customer support.
Saxo Capital Markets (Classic account)
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Acess 19,000+ stocks on 37 exchanges worldwide
Low fees for Australian and global share trading, no inactivity fees, low currency conversion fee and optimised for mobile.
CMC Markets Stockbroking
AUD $11 or 0.1%
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$0 brokerage on global shares including US, UK and Japan markets.
Trade up to 9,000 products, including shares, ETFs and managed funds, plus access up to 15 major global and Australian stock exchanges.
ANZ Share Investing
AUD 19.95
No
ASX shares, Global shares, Options trading, mFunds, ETFs, Warrants
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%
USD 63.50 per year on the global markets account
ASX shares, Global shares, Options trading, ETFs
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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 last close of A$4.51

1 week (2021-06-09) 0.22%
1 month (2021-05-14) 2.04%
3 months (2021-03-16) -0.66%
6 months (2020-12-16) -6.04%
1 year (2020-06-16) -7.96%
2 years (2019-06-14) -5.05%
3 years (2018-06-15) -16.33%
5 years (2016-06-16) 1.35%

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 13x. In other words, ALE Property Group shares trade at around 13x 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.

ALE Property Group's EBITDA

ALE Property Group's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $52.8 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 $62.1 million
Operating margin TTM 84.88%
Gross profit TTM $54.8 million
Return on assets TTM 2.67%
Return on equity TTM 10.85%
Profit margin 108.92%
Book value 3.241
Market capitalisation $1.8 billion

TTM: trailing 12 months

ALE Property Group share dividends

61%

Dividend payout ratio: 60.57% of net profits

Recently ALE Property Group has paid out, on average, around 60.57% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 4.78% 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 4.78% return on their shares, in the form of dividend payments. In ALE Property Group's case, that would currently equate to about A$0.212 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 29 December 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 $4.1558 up to $5.3879. 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 0.6263. 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.

Frequently asked questions

Disclaimer: This information should not be interpreted as an endorsement of futures, stocks, ETFs, CFDs, options or any specific provider, service or offering. It should not be relied upon as investment advice or construed as providing recommendations of any kind. Futures, stocks, ETFs and options trading involves substantial risk of loss and therefore are not appropriate for all investors. Trading CFDs comes with a higher risk of losing money rapidly due to leverage. Past performance is not an indication of future results. Consider your own circumstances, and obtain your own advice, before making any trades.

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