Ashley Services Group Limited
AU:
ASH
-
AUD
STAFFING & EMPLOYMENT SERVICES
A$0.57
0.00%
How to buy Ashley Services Group (ASH) shares
Learn how to easily invest in Ashley Services Group shares.
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Ashley Services Group Limited is a staffing & employment services business based in Australia. Ashley Services Group shares (ASH) are listed on the Australian Securities Exchange (ASX) and all prices are in Australian Dollars. Ashley Services Group has a trailing 12-month revenue of around $383.7 million. If you're looking to buy shares, check out the steps below.
How to buy shares in Ashley Services Group
- 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 Ashley Services Group. Find the share by name or ticker symbol: ASH. 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 Ashley Services Group 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 Ashley Services 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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What's in this guide?
- Ashley Services Group key stats
- Compare share trading platforms
- Is Ashley Services Group stock a buy or sell?
- Ashley Services Group performance over time
- Are Ashley Services Group shares over-valued?
- Ashley Services Group's financials
- How volatile are Ashley Services Group shares?
- Does Ashley Services Group pay a dividend?
- Other common questions
Ashley Services Group stock price (ASX:ASH)
Use our graph to track the performance of ASH stocks over time.Ashley Services Group shares at a glance
Information last updated 2021-10-15.
| 52-week range | $0.2902 - $0.585 |
|---|---|
| 50-day moving average | $0.5126 |
| 200-day moving average | $0.4718 |
| Target price | $0.23 |
| PE ratio | 8.75 |
| Dividend yield | $0.042 (7.57%) |
| Earnings per share (TTM) | $0.064 |
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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.
Is it a good time to buy Ashley Services 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.
Ashley Services Group price performance over time
Historical closes compared with the last close of A$0.57
| 1 week (2021-10-12) | 1.79% |
|---|---|
| 1 month (2021-09-20) | 16.33% |
| 3 months (2021-07-20) | 32.56% |
| 6 months (2021-04-20) | 23.91% |
| 1 year (2020-10-19) | 72.73% |
|---|---|
| 2 years (2019-10-18) | 80.95% |
| 3 years (2018-10-19) | 111.11% |
| 5 years (2016-10-19) | 293.10% |
Is Ashley Services Group under- or over-valued?
Valuing Ashley Services Group stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Ashley Services Group's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
Ashley Services Group's P/E ratio
Ashley Services 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 9x. In other words, Ashley Services Group shares trade at around 9x 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.
Ashley Services Group's EBITDA
Ashley Services Group's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $14.6 million (£0.0 million).
The EBITDA is a measure of a Ashley Services Group's overall financial performance and is widely used to measure a its profitability.
Ashley Services Group financials
| Revenue TTM | $383.7 million |
|---|---|
| Operating margin TTM | 3.62% |
| Gross profit TTM | $22.7 million |
| Return on assets TTM | 13.65% |
| Return on equity TTM | 35.38% |
| Profit margin | 2.39% |
| Book value | 0.198 |
| Market capitalisation | $80.6 million |
TTM: trailing 12 months
Ashley Services Group share dividends
Dividend payout ratio: 60% of net profits
Recently Ashley Services Group has paid out, on average, around 60% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 7.5% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Ashley Services Group shareholders could enjoy a 7.5% return on their shares, in the form of dividend payments. In Ashley Services Group's case, that would currently equate to about A$0.042 per share.
Ashley Services 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 31 August 2021 (the "ex-dividend date").
Ashley Services Group share price volatility
Over the last 12 months, Ashley Services Group's shares have ranged in value from as little as $0.2902 up to $0.585. 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 Ashley Services Group's is 1.269. This would suggest that Ashley Services Group's shares are more volatile than the average for this exchange and represent, relatively-speaking, a higher risk (but potentially also market-beating returns).
Ashley Services Group overview
Ashley Services Group Limited provides labor hire, recruitment, and training services in Australia. It operates through two segments, Labor Hire and Training. The company offers white-collar recruitment services, including permanent, temporary, and contract placements through multi-specialist providers under the Blackadder and Concept Recruitment Specialists brand name; and labor hire and workforce solutions under the Action Workforce and Concept Engineering brands. It also provides nationally accredited qualifications training and assessment services under the Ashley Institute of Training, Integracom, Australian Institute of Vocational Development, National Institute of Training, Tracmin, and Qualitas Education brands. The company was founded in 1968 and is headquartered in Sydney, Australia.
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Ashley Services Group in the news
If You Like EPS Growth Then Check Out Ashley Services Group (ASX:ASH) Before It's Too Late
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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