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Ausnet Services 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 Dollar. 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.
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| 52-week range | $1.5621 - $2.58 |
|---|---|
| 50-day moving average | $2.5406 |
| 200-day moving average | $2.1575 |
| Target price | $2.59 |
| PE ratio | 37.4627 |
| Dividend yield | $0.095 (3.78%) |
| Earnings per share (TTM) | $0.067 |
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.
Historical closes compared with the last close of A$2.59
| 1 week (2022-01-21) | 3.19% |
|---|---|
| 1 month (2021-12-29) | 0.78% |
| 3 months (2021-10-29) | 4.86% |
| 6 months (2021-07-29) | 43.49% |
| 1 year (2021-01-29) | 49.71% |
|---|---|
| 2 years (2020-01-29) | 44.69% |
| 3 years (2019-01-29) | 55.09% |
| 5 years (2017-01-27) | 63.41% |
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 current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 37x. In other words, Ausnet Services shares trade at around 37x recent earnings.
That's relatively high compared to, say, the P/E ratio for the ASX over the 12 months to December 2019 (32.14). The high P/E ratio could mean that investors are optimistic about the outlook for the shares or simply that they're over-valued.
Ausnet Services's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $1.1 billion (£0.0 million).
The EBITDA is a measure of a Ausnet Services's overall financial performance and is widely used to measure a its profitability.
| Revenue TTM | $1.9 billion |
|---|---|
| Operating margin TTM | 37.01% |
| Gross profit TTM | $1.7 billion |
| Return on assets TTM | 3.18% |
| Return on equity TTM | 7.83% |
| Profit margin | 13.25% |
| Book value | 0.898 |
| Market capitalisation | $9.6 billion |
TTM: trailing 12 months
Dividend payout ratio: 135.71% of net profits
Recently Ausnet Services has paid out, on average, around 135.71% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 3.78% 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 3.78% 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.
Ausnet Services'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 15 November 2021 (the "ex-dividend date").
Ausnet Services's shares were split on 13 May 2009.
Over the last 12 months, Ausnet Services's shares have ranged in value from as little as $1.5621 up to $2.58. 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 Ausnet Services's is -0.1958. 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 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.
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