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AusNet Services Ltd is an utilities-diversified business based in Australia. Ausnet Services shares (AST) are listed on the Australian Securities Exchange (ASX) and all prices are in Australian Dollars. Ausnet Services has a trailing 12-month revenue of around $1.9 billion. If you're looking to buy shares, check out the steps below.
How to buy shares in Ausnet Services
- 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 Ausnet Services. Find the share by name or ticker symbol: AST. 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 Ausnet Services 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 Ausnet Services. 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?
- Ausnet Services key stats
- Compare share trading platforms
- Is Ausnet Services stock a buy or sell?
- Ausnet Services performance over time
- Are Ausnet Services shares over-valued?
- Ausnet Services's financials
- How volatile are Ausnet Services shares?
- Does Ausnet Services pay a dividend?
- Have Ausnet Services shares ever split?
- Other common questions
Ausnet Services share price
Use our graph to track the performance of AST stocks over time.Ausnet Services shares at a glance
Information last updated 2021-06-24.
| 52-week range | $1.582 - $1.9953 |
|---|---|
| 50-day moving average | $1.789 |
| 200-day moving average | $1.7857 |
| Target price | $1.66 |
| PE ratio | 22.0875 |
| Dividend yield | $0.095 (5.46%) |
| Earnings per share (TTM) | $0.08 |
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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 Ausnet Services 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.
Ausnet Services price performance over time
Historical closes compared with the last close of A$1.78
| 1 week (2021-06-18) | -2.47% |
|---|---|
| 1 month (2021-05-25) | 2.89% |
| 3 months (2021-03-25) | -2.73% |
| 6 months (2020-12-24) | -0.56% |
| 1 year (2020-06-25) | 4.71% |
|---|---|
| 2 years (2019-06-25) | -8.48% |
| 3 years (2018-06-25) | 12.30% |
| 5 years (2016-06-24) | 13.02% |
Is Ausnet Services under- or over-valued?
Valuing Ausnet Services stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Ausnet Services's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
Ausnet Services's P/E ratio
Ausnet Services's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 22x. In other words, Ausnet Services shares trade at around 22x 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.
Ausnet Services's EBITDA
Ausnet Services's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $1.1 billion.
The EBITDA is a measure of a Ausnet Services's overall financial performance and is widely used to measure a its profitability.
Ausnet Services financials
| Revenue TTM | $1.9 billion |
|---|---|
| Operating margin TTM | 38.25% |
| Gross profit TTM | $1.7 billion |
| Return on assets TTM | 3.18% |
| Return on equity TTM | 9.38% |
| Profit margin | 15.7% |
| Book value | 0.904 |
| Market capitalisation | $6.7 billion |
TTM: trailing 12 months
Ausnet Services share dividends
Dividend payout ratio: 1.19% of net profits
Recently Ausnet Services has paid out, on average, around 1.19% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 5.46% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Ausnet Services shareholders could enjoy a 5.46% return on their shares, in the form of dividend payments. In Ausnet Services's case, that would currently equate to about A$0.095 per share.
While Ausnet Services's payout ratio might seem low, this can signify that Ausnet Services is investing more in its future growth.
The latest dividend was paid out to all shareholders who bought their shares by 19 May 2021 (the "ex-dividend date").
Have Ausnet Services's shares ever split?
Ausnet Services's shares were split on 13 May 2009.
Ausnet Services share price volatility
Over the last 12 months, Ausnet Services's shares have ranged in value from as little as $1.582 up to $1.9953. 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 Ausnet Services's is -0.0282. This would suggest that Ausnet Services's shares have been inversely-correlated to the average (for this exchange) – so when the broader market trended up or down, Ausnet Services has bucked the trend.
Ausnet Services overview
AusNet Services Ltd owns and operates an electricity transmission network in Australia. It operates through Electricity Distribution, Gas Distribution, Electricity Transmission, and Growth & Future Networks segments. The Electricity Distribution segment carries electricity from the high voltage transmission network to end users, including metering. The Gas Distribution segment carries natural gas to commercial and residential end users, including metering in central and western Victoria. The Electricity Transmission segment owns and manages an electricity transmission network, including transmission lines and towers, which carry electricity at high voltages from power generators to electricity distributors in Victoria. The Growth & Future Networks segment provides contracted infrastructure asset and energy services, as well as a range of asset and utility services to support the management of electricity, gas, and water networks. The company operates through an electricity transmission network of approximately 6,852 kilometers of high voltage transmission powerlines, 61 terminal stations, and 13,161 transmission towers; electricity distribution network of approximately 768,460 customers, 77 zone substations, 412,402 distribution poles, and approximately 53,990 kilometer of distribution lines. It also operates a gas distribution network of 752,882 customers and 12,384 kilometers of underground gas pipelines. The company was formerly known as SP AusNet Ltd. and changed its name to AusNet Services Ltd in August 2014. AusNet Services Ltd was incorporated in 2014 and is headquartered in Southbank, Australia.
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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