How to buy Altium (ALU) shares
Learn how to easily invest in Altium shares.
We’re reader-supported and may be paid when you visit links to partner sites. We don’t compare all products in the market, but we’re working on it!
Altium is a software-application business based in Australia. Altium shares (ALU) are listed on the Australian Securities Exchange (ASX) and all prices are in Australian dollars. Altium has a trailing 12-month revenue of around $202.5 million. If you're looking to buy shares, check out the steps below.
How to buy shares in Altium
- 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 Altium. Find the share by name or ticker symbol: ALU. 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 Altium 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 Altium. 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.
Altium stock price (ASX:ALU)Use our graph to track the performance of ALU stocks over time.
Altium shares at a glance
|52-week range||$24.97 - $45.0128|
|50-day moving average||$31.2058|
|200-day moving average||$35.6165|
|Dividend yield||$0.306 (1.51%)|
|Earnings per share (TTM)||$1.166|
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 Altium 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.
Altium price performance over time
|1 week (2022-06-02)||-2.59%|
|1 month (2022-05-12)||7.46%|
|3 months (2022-03-11)||-11.88%|
|6 months (2021-12-10)||-36.96%|
|1 year (2021-06-11)||-22.63%|
|2 years (2020-06-12)||-19.31%|
|3 years (2019-06-12)||-17.34%|
|5 years (2017-06-09)||206.33%|
Is Altium under- or over-valued?
Valuing Altium stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Altium's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
Altium's P/E ratio
Altium's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 24x. In other words, Altium shares trade at around 24x 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.
Altium's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $63.8 million (£0.0 million).
The EBITDA is a measure of a Altium's overall financial performance and is widely used to measure a its profitability.
|Revenue TTM||$202.5 million|
|Operating margin TTM||28.85%|
|Gross profit TTM||$84.8 million|
|Return on assets TTM||11.21%|
|Return on equity TTM||18.55%|
|Market capitalisation||$3.7 billion|
TTM: trailing 12 months
Altium share dividends
Dividend payout ratio: 94.77% of net profits
Recently Altium has paid out, on average, around 94.77% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 1.51% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Altium shareholders could enjoy a 1.51% return on their shares, in the form of dividend payments. In Altium's case, that would currently equate to about A$0.306 per share.
Altium'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 6 March 2022 (the "ex-dividend date").
Have Altium's shares ever split?
Altium's shares were split on 26 October 2008.
Altium share price volatility
Over the last 12 months, Altium's shares have ranged in value from as little as $24.97 up to $45.0128. 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 Altium's is 0.5023. This would suggest that Altium's shares are less volatile than average (for this exchange).
Altium Limited develops and sells computer software for the design of electronic products in the United States and internationally. It operates through Board and Systems; Microcontrollers and Embedded Systems; and Nexar segments. The company offers printed circuit board (PCB) design software products, including Altium Designer, Altium NEXUS, CircuitStudio, and CircuitMaker. It also provides Altium 365 cloud platform; Altium Concord Pro, a solution for library management; and Octopart, search engine for electronic parts. The company serves automotive, aerospace/defense, life sciences, mobile devices and communication, consumer electronics, electronics and hi-tech, research and education, industrial controls automation, computers, and semiconductors industries. Altium Limited was founded in 1985 and is headquartered in La Jolla, California.
Altium in the news
Frequently asked questions
More guides on Finder
How to invest in the Bayrock Resources IPO
Everything we know about the Bayrock Resources IPO, plus information on how to buy in.
How to invest in the Critical Minerals Group IPO
Everything we know about the Critical Minerals Group IPO, plus information on how to buy in.
How to invest in the Chalkos Metals Limited IPO
Everything we know about the Chalkos Metals Limited IPO, plus information on how to buy in.
How to buy Cluey (CLU) shares
Steps to owning and managing Cluey shares.
How to buy Koba Resources (KOB) shares
Steps to owning and managing Koba Resources shares.
How to buy Rincon Resources (RCR) shares
Steps to owning and managing Rincon Resource shares.
How to buy Payright (PYR) shares
Steps to owning and managing Payright shares.
How to invest in the Iltani Resources IPO
Everything we know about the Iltani Resources IPO, plus information on how to buy in.
Bloom Impact Investing app review
Bloom Impact Investing offers exclusively climate impact investing, with direct climate action being the goal.
How to buy Kingfisher Mining (KFM) shares
Steps to owning and managing Kingfisher Mining shares.
Ask an Expert