How to buy Austal (ASB) shares

Learn how to easily invest in Austal shares.

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Austal 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 Dollar. Austal has a trailing 12-month revenue of around $1.6 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 ASX. Our table can help you choose.
  2. 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.
  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. Look into dollar-cost averaging to spread out your risk, 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 on your investment. Congratulations, you own a part of Austal. 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.

Austal stock price (ASX:ASB)

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

Austal shares at a glance

Information last updated 2022-01-22.
52-week range$1.61 - $2.5602
50-day moving average $1.9162
200-day moving average $2.0575
Target price$2.76
PE ratio 8.9732
Dividend yield $0.08 (3.98%)
Earnings per share (TTM) $0.224

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
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.
ThinkMarkets Share Trading
AUD $8
No
ASX shares
$8 flat fee brokerage for CHESS Sponsored ASX stocks (HIN ownership), plus free live stock price data on an easy to use mobile app.
Superhero share trading
$5
No
ASX shares, US shares, ETFs
Earn up to 15,000 Qantas frequent flyer points when you transfer an exisiting balance or trade. Offer valid for all new and existing Superhero members until 28 February.
Pay zero brokerage on US stocks and all ETFs and just $5 (flat fee) to trade Australian shares from your mobile or desktop.
GO Markets Share Trading
$7.70
No
ASX shares, Forex, CFDs, ETFs
Pay zero brokerage on your first 20 trades and $7.70 after that on over 2,500 ASX listed shares from either your desktop or mobile.
Opentrader Share Trading
AUD $5
No
ASX shares, Options trading, ETFs, Warrants
Gain access to chess sponsored shares for as little as $5 per trade.
Get free live data, advanced charting and even gain experience before trading through fantasy portfolios when you sign up with OpenTrader.
Saxo Capital Markets (Classic account)
AUD $5
No
ASX shares, Global shares, ETFs
Access 19,000+ stocks on 40+ exchanges worldwide
Low fees for Australian and global share trading, no inactivity fees, low currency conversion fee and optimised for mobile.
HSBC Online Share Trading
AUD $19.95
No
ASX shares, mFunds, ETFs, Bonds
Limited-time offer: Join HSBC’s online trading account before 28 February 2022 and HSBC will reimburse you up to $100 on your first 5 trades. Also traders who transfer $50k+ will get a $200 bonus(T&Cs apply).
Make trades online with brokerage fees starting from just $19.95 with an HSBC Online Share Trading account. Plus gain access to complimentary expert research, trading ideas and tools.
SelfWealth (Basic account)
AUD $9.5
No
ASX shares, US shares
Trade ASX and US shares for a flat fee of $9.50, regardless of the trade size.
New customers receive free access to Community Insights with SelfWealth Premium for the first 90 days. Follow other investors and benchmark your portfolio performance.
Bell Direct Share Trading
AUD $15
No
ASX shares, mFunds, ETFs
Invest in Australian shares, options and managed funds from the one account with no inactivity fee.
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.
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Compare up to 4 providers

Is it a good time to buy Austal 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.

Austal price performance over time

Historical closes compared with the last close of A$1.965

1 week (2022-01-21) -2.24%
1 month (2021-12-29) -0.25%
3 months (2021-10-29) 4.52%
6 months (2021-07-29) -9.03%
1 year (2021-01-29) -23.54%
2 years (2020-01-29) -48.15%
3 years (2019-01-29) -4.15%
5 years (2017-01-27) 24.76%

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 9x. In other words, Austal shares trade at around 9x 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 $145.3 million (£0.0 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 $1.6 billion
Operating margin TTM 6.79%
Gross profit TTM $222.6 million
Return on assets TTM 4.64%
Return on equity TTM 10.65%
Profit margin 5.16%
Book value 2.152
Market capitalisation $727.3 million

TTM: trailing 12 months

Austal share dividends

35%

Dividend payout ratio: 34.78% of net profits

Recently Austal has paid out, on average, around 34.78% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 3.98% 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 3.98% return on their shares, in the form of dividend payments. In Austal's case, that would currently equate to about A$0.08 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 7 September 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 $1.61 up to $2.5602. A popular way to gauge a stock's volatility is its "beta".

ASB.AU volatility(beta: 0.65)Avg. volatility(beta: 1.00)LowHigh

Beta measures a share's volatility in relation to the market. The market (AU average) beta is 1, while Austal's is 0.6522. This would suggest that Austal's shares are less volatile than average (for this exchange).

Austal overview

Austal Limited engages in the design, manufacture, and support of vessels for commercial and defense customers worldwide. It operates in four segments: USA Shipbuilding, USA Support, Australasia Shipbuilding, and Australasia Support. The company designs, constructs, and supports passenger ferries, vehicle 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 and control system; and 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 manages 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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