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Alumina Limited is an aluminum business based in Australia. Alumina shares (AWC) are listed on the Australian Securities Exchange (ASX) and all prices are in Australian Dollars. Alumina has a trailing 12-month revenue of around $100,000. If you're looking to buy shares, check out the steps below.
How to buy shares in Alumina
- 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 Alumina. Find the share by name or ticker symbol: AWC. 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 Alumina 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 Alumina. 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?
Alumina share priceUse our graph to track the performance of AWC stocks over time.
Alumina shares at a glance
|52-week range||$1.316 - $1.9178|
|50-day moving average||$1.7264|
|200-day moving average||$1.7559|
|Dividend yield||$0.057 (3.43%)|
|Earnings per share (TTM)||$0.066|
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 Alumina 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.
Alumina price performance over time
|1 week (2021-06-17)||4.86%|
|1 month (2021-05-24)||2.68%|
|3 months (2021-03-24)||5.18%|
|6 months (2020-12-24)||-5.74%|
|1 year (2020-06-24)||3.29%|
|2 years (2019-06-24)||-28.72%|
|3 years (2018-06-22)||-37.50%|
|5 years (2016-06-24)||32.18%|
Is Alumina under- or over-valued?
Valuing Alumina stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Alumina's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
Alumina's P/E ratio
Alumina's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 25x. In other words, Alumina shares trade at around 25x 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.
|Gross profit TTM||$100,000|
|Return on assets TTM||-0.43%|
|Return on equity TTM||8.34%|
|Market capitalisation||$4.8 billion|
TTM: trailing 12 months
Alumina share dividends
Dividend payout ratio: 125.56% of net profits
Recently Alumina has paid out, on average, around 125.56% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 4.57% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Alumina shareholders could enjoy a 4.57% return on their shares, in the form of dividend payments. In Alumina's case, that would currently equate to about A$0.057 per share.
Alumina'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 25 February 2021 (the "ex-dividend date").
Have Alumina's shares ever split?
Alumina's shares were split on 3 May 2009.
Alumina share price volatility
Over the last 12 months, Alumina's shares have ranged in value from as little as $1.316 up to $1.9178. 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 Alumina's is 1.0111. This would suggest that Alumina's shares are a little bit more volatile than the average for this exchange and represent, relatively-speaking, a slightly higher risk (but potentially also market-beating returns).
Alumina Limited, through its 40% interest in Alcoa World Alumina and Chemicals, engages in bauxite mining, alumina refining, and aluminum smelting businesses. The company has a network of bauxite mines and alumina refineries in Australia, Guinea, Brazil, and Spain, and Saudi Arabia; and a 55% interest in the Portland aluminium smelter in Victoria, Australia. It is also involved in shipping operations. The company was formerly known as WMC Limited and changed its name to Alumina Limited in December 2002 as part of the demerger of the WMC Group. Alumina Limited was incorporated in 1970 and is headquartered in Southbank, Australia.
Frequently asked questions
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