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How to buy ASX shares

Own ASX shares in just a few minutes.

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ASX Limited is a financial data & stock exchanges business based in Australia. ASX shares (ASX) are listed on the Australian Securities Exchange (ASX) and all prices are listed in Australian Dollars. ASX has a trailing 12-month revenue of around $1.1 billion.

How to buy shares in ASX

  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 ASX. Find the share by name or ticker symbol: ASX. 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 ASX 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 of $N/A, 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 ASX. 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.

ASX share price

Use our graph to track the performance of ASX stocks over time.

ASX shares at a glance

Information last updated 2020-09-25.
52-week rangeAUDA$63.02 - AUDA$91.32
50-day moving average AUDA$85.3014
200-day moving average AUDA$82.7474
Target priceAUDA$56.85
PE ratio 31.3975
Dividend yield AUDA$2.45 (2.91%)
Earnings per share (TTM) AUDA$2.576

Share Trading Account Offer

IG Share Trading Offer

AUD 8

Standard brokerage - Australian shares

Share Trading Account Offer

Competitive broker fees on Australian and international shares

  • Brokerage - AU shares: From AUD 5 or 0.05%
  • Brokerage - US shares: USD 0
  • Sign-up process: Instant
  • Support - After hours: Yes
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Important: Share trading carries risk of capital loss.

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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.
Data indicated here is updated regularly
Name Product Standard brokerage fee Inactivity fee Markets
IG Share Trading
Finder Award
IG Share Trading
AUD 8 or 0.1%
AUD 50 per quarter if you make fewer than three trades in that period
ASX shares, Global shares, Forex, CFDs, Margin trading
Brokerage discount: $5 on Australian shares for active traders & $0 commission on US and global shares
Enjoy some of the lowest brokerage fees on the market when trading Australian shares, international shares, forex and CFDs, plus get access to 24-hour customer support.
Superhero share trading
AUD 5
No
ASX shares
Trade ASX stocks and ETFs with a flat $5 brokerage fee and a low minimum investment of just $100.
CMC Markets Stockbroking
AUD 11 or 0.1%
No
ASX shares, Global shares, Forex, CFDs, Margin trading, Options trading, mFunds
$0 brokerage on global shares including US, UK and Japan markets.
Trade up to 9,000 products, including shares, managed funds, forex, commodities and cryptocurrencies, plus access up to 15 major global and Australian stock exchanges.
ThinkMarkets Share Trading
AUD 8
No
ASX shares, ETFs
Fast sign-up: Start trading in just a few minutes
Switch between your ASX share trading account and your forex account on your mobile and access some of the lowest brokerage fees on the market with a flat $8 commission (until $200,000).
ANZ Share Investing
AUD 19.95
No
ASX shares, Global shares, Margin trading, Options trading
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%
AUD 63.50 per year on the global markets account
ASX shares, Global shares, Options trading, US shares
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Compare up to 4 providers

Is it a good time to buy ASX 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.

Is ASX under- or over-valued?

Valuing ASX stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of ASX's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

ASX's P/E ratio

ASX's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 31x. In other words, ASX shares trade at around 31x recent earnings.

That's comparable to, say, the P/E ratio for the ASX over the 12 months to December 2019 (32.14).

ASX's EBITDA

ASX's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $817.5 million.

The EBITDA is a measure of a ASX's overall financial performance and is widely used to measure a its profitability.

ASX financials

Revenue TTM $1.1 billion
Operating margin TTM 73.36%
Gross profit TTM $1.1 billion
Return on assets TTM 3.07%
Return on equity TTM 13.06%
Profit margin 45.52%
Book value 19.218
Market capitalisation $16.4 billion

TTM: trailing 12 months

ASX's environmental, social and governance track record

Environmental, social and governance (known as ESG) criteria are a set of three factors used to measure the sustainability and social impact of companies like ASX.

When it comes to ESG scores, lower is better, and lower scores are generally associated with lower risk for would-be investors.

ASX's total ESG risk score

Total ESG risk: 23.55

Socially conscious investors use ESG scores to screen how an investment aligns with their worldview, and ASX's overall score of 23.55 (as at 07/31/2020) is excellent – landing it in it in the 19th percentile of companies rated in the same sector.

ESG scores are increasingly used to estimate the level of risk a company like ASX is exposed to within the areas of "environmental" (carbon footprint, resource use etc.), "social" (health and safety, human rights etc.), and "governance" (anti-corruption, tax transparency etc.).

ASX's environmental score

Environmental score: 10.71/100

ASX's environmental score of 10.71 puts it squarely in the 9th percentile of companies rated in the same sector. This could suggest that ASX is a leader in its sector terms of its environmental impact, and exposed to a lower level of risk.

ASX's social score

Social score: 11.29/100

ASX's social score of 11.29 puts it squarely in the 9th percentile of companies rated in the same sector. This could suggest that ASX is a leader in its sector when it comes to taking good care of its workforce and the communities it impacts.

ASX's governance score

Governance score: 14.55/100

ASX's governance score puts it squarely in the 9th percentile of companies rated in the same sector. That could suggest that ASX is a leader in its sector when it comes to responsible management and strategy, and exposed to a lower level of risk.

Environmental, social, and governance (ESG) summary

ASX Limited was last rated for ESG on: 2020-08-01.

Total ESG score 23.55
Total ESG percentile 18.95
Environmental score 10.71
Environmental score percentile 9
Social score 11.29
Social score percentile 9
Governance score 14.55
Governance score percentile 9

ASX share dividends

90%

Dividend payout ratio: 89.56% of net profits

Recently ASX has paid out, on average, around 89.56% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 2.91% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), ASX shareholders could enjoy a 2.91% return on their shares, in the form of dividend payments. In ASX's case, that would currently equate to about A$2.45 per share.

ASX'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 September 2020 (the "ex-dividend date").

Have ASX's shares ever split?

ASX's shares were split on 20 March 2000.

ASX share price volatility

Over the last 12 months, ASX's shares have ranged in value from as little as $63.02 up to $91.32. 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 ASX's is 0.3367. This would suggest that ASX's shares are less volatile than average (for this exchange).

ASX overview

ASX Limited operates as a multi-asset class and integrated exchange company in Australia and internationally. The company offers securities and derivatives exchange, and ancillary services; central counterparty clearing services; and technical and information services. It is also involved in the registry, depository, and settlement activities, as well as delivery-versus-payment clearing of financial products. The company was founded in 1987 and is based in Sydney, Australia.

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