How to buy Austin Engineering shares

Austin Engineering Limited is a farm & heavy construction machinery business based in Australia. Austin Engineering shares (ANG) are listed on the Australian Securities Exchange (ASX) and all prices are listed in Australian Dollars. Austin Engineering has a trailing 12-month revenue of around $230.4 million.

How to buy shares in Austin Engineering

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 Austin Engineering. Find the share by name or ticker symbol: ANG. 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 Austin Engineering 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 Austin Engineering. 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.

Austin Engineering share price

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

Austin Engineering shares at a glance

• Key figures

Information last updated 2020-09-25.

52-week range	AUDA$0.105 - AUDA$0.235
50-day moving average	AUDA$0.1497
200-day moving average	AUDA$0.1365
Target price	AUDA$0.33
PE ratio	20.1168
Dividend yield	AUDA$0.01 (3.75%)
Earnings per share (TTM)	AUDA$0.009

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Important: Share trading carries risk of capital loss.

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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 Austin Engineering 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.

Technical Analysis of Austin Engineering Limited by TradingView

Is Austin Engineering under- or over-valued?

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

Austin Engineering's P/E ratio

Austin Engineering's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 20x. In other words, Austin Engineering shares trade at around 20x 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.

Austin Engineering's EBITDA

Austin Engineering's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $17.5 million.

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

Austin Engineering financials

Revenue TTM	$230.4 million
Operating margin TTM	5.36%
Gross profit TTM	$113.6 million
Return on assets TTM	4.32%
Return on equity TTM	4.54%
Profit margin	2.25%
Book value	0.17
Market capitalisation	$86.9 million

TTM: trailing 12 months

Austin Engineering share dividends

Dividend payout ratio: 25.96% of net profits

Recently Austin Engineering has paid out, on average, around 25.96% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 3.75% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Austin Engineering shareholders could enjoy a 3.75% return on their shares, in the form of dividend payments. In Austin Engineering's case, that would currently equate to about A$0.01 per share.

While Austin Engineering's payout ratio might seem fairly standard, it's worth remembering that Austin Engineering 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 9 September 2020 (the "ex-dividend date").

Austin Engineering share price volatility

Over the last 12 months, Austin Engineering's shares have ranged in value from as little as $0.105 up to $0.235. 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 Austin Engineering's is 1.1175. This would suggest that Austin Engineering's shares are a little bit more volatile than the average for this exchange and represent, relatively-speaking, a slightly higher risk (but potentially also market-beating returns).

Austin Engineering overview

Austin Engineering Limited, together with its subsidiaries, manufactures, repairs, overhauls, and supplies mining attachment products, and other associated products and services for the industrial and resources-related business sectors. It offers off-highway dump truck bodies, buckets, water tanks, tyre handlers, and other ancillary equipment. The company also provides on and off site repair and maintenance, condition monitoring, engineering, product improvements, heavy equipment lifting and transport, specialized fabrication, blasting and painting, line boring and machining, and CNC profile cutting and pressing services. It serves miners, mining contractors, and original equipment manufacturers in Asia-Pacific, North America, and South America. The company was founded in 1982 and is headquartered in Milton, Australia.

Frequently asked questions

• What percentage of Austin Engineering is owned by insiders or institutions?

  Currently 10.826% of Austin Engineering shares are held by insiders and 66.684% by institutions.

• When does the fiscal year end for Austin Engineering?

  Austin Engineering's fiscal year ends in June.

• Where is Austin Engineering based?

  Austin Engineering's address is: Kings Row 1, Milton, QLD, Australia, 4064

• What is Austin Engineering's ISIN number?

  Austin Engineering's international securities identification number is: AU000000ANG3