How to buy Aspen (APZ) shares
Learn how to easily invest in Aspen shares.
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Aspen is a real estate-diversified business based in Australia. Aspen shares (APZ) are listed on the Australian Securities Exchange (ASX) and all prices are in Australian dollars. Aspen has a trailing 12-month revenue of around $38 million. If you're looking to buy shares, check out the steps below.
How to buy shares in Aspen
- 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 Aspen. Find the share by name or ticker symbol: APZ. 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 Aspen 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 Aspen. 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.
Aspen stock price (ASX:APZ)Use our graph to track the performance of APZ stocks over time.
Aspen shares at a glance
|52-week range||$1.2057 - $1.8|
|50-day moving average||$1.6115|
|200-day moving average||$1.6297|
|Dividend yield||$0.066 (3.59%)|
|Earnings per share (TTM)||$0.36|
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Is it a good time to buy Aspen 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.
Aspen price performance over time
|1 week (2022-06-17)||2.05%|
|1 month (2022-05-25)||-2.61%|
|3 months (2022-03-25)||-10.24%|
|6 months (2021-12-24)||-14.37%|
|1 year (2021-06-25)||11.19%|
|2 years (2020-06-25)||49.00%|
|3 years (2019-06-25)||42.58%|
|5 years (2017-06-23)||36.07%|
Is Aspen under- or over-valued?
Valuing Aspen stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Aspen's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
Aspen's P/E ratio
Aspen's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 4x. In other words, Aspen shares trade at around 4x 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.
Aspen's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $5.3 million (£3 million).
The EBITDA is a measure of a Aspen's overall financial performance and is widely used to measure a its profitability.
|Revenue TTM||$38 million|
|Operating margin TTM||11.7%|
|Gross profit TTM||$7 million|
|Return on assets TTM||0.99%|
|Return on equity TTM||25.75%|
|Market capitalisation||$203.8 million|
TTM: trailing 12 months
Aspen share dividends
Dividend payout ratio: 18.86% of net profits
Recently Aspen has paid out, on average, around 18.86% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 3.59% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Aspen shareholders could enjoy a 3.59% return on their shares, in the form of dividend payments. In Aspen's case, that would currently equate to about A$0.066 per share.
While Aspen's payout ratio might seem low, this can signify that Aspen is investing more in its future growth.
The latest dividend was paid out to all shareholders who bought their shares by 30 December 2021 (the "ex-dividend date").
Have Aspen's shares ever split?
Aspen's shares were split on a 1:10 basis on 25 October 2013. So if you had owned 10 shares the day before the split, the next day you would own 1 share. This wouldn't directly have changed the overall worth of your Aspen shares – just the quantity. However, indirectly, the new 900% higher share price could have impacted the market appetite for Aspen shares which in turn could have impacted Aspen's share price.
Aspen share price volatility
Over the last 12 months, Aspen's shares have ranged in value from as little as $1.2057 up to $1.8. 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 Aspen's is 0.5149. This would suggest that Aspen's shares are less volatile than average (for this exchange).
Formed in 2001, Aspen Group is an ASX listed property group strategically focused on providing "value for money" accommodation. The accommodation sector is considered to have positive long term structural characteristics, with an enduring customer need and effective capital utilisation. Aspen has been a leading owner and manager of holiday and accommodation parks since 2004. Aspen currently owns 9 holiday and accommodation parks across Australia. An active acquisition programme is underway to expand the portfolio within the "value for money" accommodation sector.
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