How to buy Austal shares

Own Austal shares in just a few minutes.

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Austal Limited is an aerospace & defense business based in Australia. Austal shares (ASB) are listed on the Australian Securities Exchange (ASX) and all prices are in Australian Dollars. Austal 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 Austal

  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 Austal. Find the share by name or ticker symbol: ASB. 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 Austal 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, 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 Austal. 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.

Austal share price

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

Austal shares at a glance

Information last updated 2021-06-24.
52-week range$2 - $3.6908
50-day moving average $2.2528
200-day moving average $2.4441
Target price$2.15
PE ratio 7.3835
Dividend yield $0.09 (4.41%)
Earnings per share (TTM) $0.279

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.
Name Product Standard brokerage fee Inactivity fee Markets
Superhero share trading
AUD $5
No
ASX shares, ETFs
Pay zero brokerage on all Australian ETFs.
Trade ASX stocks with a flat $5 commission fee and a low minimum investment of just $100.
Bell Direct Share Trading
Finder AwardExclusive
Bell Direct Share Trading
AUD $15
No
ASX shares, mFunds, ETFs
⭐ Finder Exclusive: Get 5 free stock trades and unlimited ETF trades until July 31, 2021 when you join Bell Direct.
Bell Direct offers a one-second placement guarantee on market-to-limit ASX orders or your trade is free, plus enjoy extensive free research reports from top financial experts.
IG Share Trading
Finder Award
IG Share Trading
AUD $8 or 0.1%
$50 per quarter if you make fewer than three trades in that period
ASX shares, Global shares
$0 brokerage for US and global shares plus get an active trader discount of $5 commission on Australian shares.
Enjoy some of the lowest brokerage fees on the market when trading Australian shares, international shares, plus get access to 24-hour customer support.
Saxo Capital Markets (Classic account)
AUD $6.99
No
ASX shares, Global shares, Forex, CFDs, Margin trading, Options trading, ETFs
Acess 19,000+ stocks on 37 exchanges worldwide
Low fees for Australian and global share trading, no inactivity fees, low currency conversion fee and optimised for mobile.
CMC Markets Stockbroking
AUD $11 or 0.1%
No
ASX shares, Global shares, mFunds, ETFs
$0 brokerage on global shares including US, UK and Japan markets.
Trade up to 9,000 products, including shares, ETFs and managed funds, plus access up to 15 major global and Australian stock exchanges.
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Is it a good time to buy Austal 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.

Austal price performance over time

Historical closes compared with the last close of A$2.33

1 week (2021-06-17) 11.48%
1 month (2021-05-25) -0.43%
3 months (2021-03-24) 6.88%
6 months (2020-12-24) -13.38%
1 year (2020-06-24) -31.27%
2 years (2019-06-24) -27.86%
3 years (2018-06-22) 30.90%
5 years (2016-06-24) 94.17%

Is Austal under- or over-valued?

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

Austal's P/E ratio

Austal's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 7x. In other words, Austal shares trade at around 7x 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.

Austal's PEG ratio

Austal's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 1.99. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.

The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into Austal's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.

Austal's EBITDA

Austal's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $171.1 million.

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

Austal financials

Revenue TTM $1.9 billion
Operating margin TTM 7.21%
Gross profit TTM $239.3 million
Return on assets TTM 6.67%
Return on equity TTM 14.49%
Profit margin 5.33%
Book value 2.008
Market capitalisation $740.7 million

TTM: trailing 12 months

Austal share dividends

32%

Dividend payout ratio: 32.14% of net profits

Recently Austal has paid out, on average, around 32.14% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 4.41% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Austal shareholders could enjoy a 4.41% return on their shares, in the form of dividend payments. In Austal's case, that would currently equate to about A$0.09 per share.

While Austal's payout ratio might seem fairly standard, it's worth remembering that Austal may be investing much of the rest of its net profits in future growth.

The latest dividend was paid out to all shareholders who bought their shares by 16 March 2021 (the "ex-dividend date").

Have Austal's shares ever split?

Austal's shares were split on 17 September 2001.

Austal share price volatility

Over the last 12 months, Austal's shares have ranged in value from as little as $2 up to $3.6908. 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 Austal's is 0.4865. This would suggest that Austal's shares are less volatile than average (for this exchange).

Austal overview

Austal Limited designs, manufactures, constructs, and supports defense and commercial vessels in North America, Europe, Australia, Asia, South and Central America, the Middle East, and Africa. The company designs, constructs, and supports passenger ferries, vehicle and passenger ferries, and offshore and windfarm vessels; naval and other defense vessels; and patrol boats for government law enforcement and border protection agencies. It also develops and integrates advanced vessel control and information management systems, including MARINELINK, an integrated monitoring, alarm, and control system for vessel systems; MARINELINK-Smart vessel management system that provides vessel support service; and MARINELINK-Fleet, an off-the-shelf system, which offers shore-sourced ship position, schedule, and weather data, as well as motion control interceptors. In addition, the company provides life capability management and vessel support services, such as crew training and instruction, vessel servicing, repair and maintenance, integrated logistics support, vessel sustainment, and information management systems support to naval, government, and commercial operators; and refit services and management of annual dockings. Austal Limited was founded in 1988 and is headquartered in Henderson, 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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