How to buy Bisalloy Steel Group shares | BIS historical share price and analysis
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How to buy Bisalloy Steel Group shares

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Bisalloy Steel Group Limited is a steel business based in Australia. Bisalloy Steel Group shares (BIS) are listed on the Australian Securities Exchange (ASX) and all prices are listed in Australian Dollars. Bisalloy Steel Group has a trailing 12-month revenue of around $110.7 million.

How to buy shares in Bisalloy Steel Group

  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 Bisalloy Steel Group. Find the share by name or ticker symbol: BIS. 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 Bisalloy Steel Group 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 Bisalloy Steel Group. 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.

What's in this guide?

  1. Bisalloy Steel Group key stats
  2. Compare share trading platforms
  3. Is Bisalloy Steel Group stock a buy or sell?
  4. Bisalloy Steel Group performance over time
  5. Are Bisalloy Steel Group shares over-valued?
  6. Bisalloy Steel Group's financials
  7. How volatile are Bisalloy Steel Group shares?
  8. Does Bisalloy Steel Group pay a dividend?
  9. Have Bisalloy Steel Group shares ever split?
  10. Other common questions

Bisalloy Steel Group share price

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

Bisalloy Steel Group shares at a glance

Information last updated 2021-02-25.
52-week range$0.5886 - $1.515
50-day moving average $1.222
200-day moving average $1.2397
Target priceN/A
PE ratio 7.9371
Dividend yield $0.05 (4.17%)
Earnings per share (TTM) $0.143

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.
Data updated regularly
Name Product Standard brokerage fee Inactivity fee Markets
Superhero share trading
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.
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Bell Direct Share Trading
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Bell Direct Share Trading
AUD $15
No
ASX shares, mFunds, ETFs
Exclusive: New customers who open an account with Bell Direct through Finder will pay no brokerage fees on the first five stock or ETF trades until April 30, 2021 (T&Cs apply).
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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More Info
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.
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More Info
CMC Markets Stockbroking
Finder Award
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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ANZ Share Investing
ANZ Share Investing
AUD 19.95
No
ASX shares, Global shares, Options trading, mFunds, ETFs, Warrants
Earn 1 Qantas Point per AU$3 spent on brokerage fees on certain instruments.
Access Morningstar reports, company announcements and and live pricing via ANZ’s share investing platform. Available for desktop and mobile.
More Info
Westpac Online Investing Account
Westpac Online Investing Account
AUD 19.95 or 0.11%
USD 63.50 per year on the global markets account
ASX shares, Global shares, Options trading, ETFs
More Info
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Is it a good time to buy Bisalloy Steel Group 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 Bisalloy Steel Group Limited by TradingView

Is Bisalloy Steel Group under- or over-valued?

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

Bisalloy Steel Group's P/E ratio

Bisalloy Steel Group's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 8x. In other words, Bisalloy Steel Group shares trade at around 8x 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.

Bisalloy Steel Group's EBITDA

Bisalloy Steel Group's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $10.8 million (£0.0 million).

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

Bisalloy Steel Group financials

Revenue TTM $110.7 million
Operating margin TTM 8.14%
Gross profit TTM $23.5 million
Return on assets TTM 6.89%
Return on equity TTM 17.56%
Profit margin 6.08%
Book value 0.852
Market capitalisation $51.5 million

TTM: trailing 12 months

Bisalloy Steel Group share dividends

50%

Dividend payout ratio: 50% of net profits

Recently Bisalloy Steel Group has paid out, on average, around 50% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 4.17% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Bisalloy Steel Group shareholders could enjoy a 4.17% return on their shares, in the form of dividend payments. In Bisalloy Steel Group's case, that would currently equate to about A$0.05 per share.

Bisalloy Steel Group'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 2 November 2020 (the "ex-dividend date").

Have Bisalloy Steel Group's shares ever split?

Bisalloy Steel Group's shares were split on a 1:5 basis on 9 January 2012. So if you had owned 5 shares the day before before the split, the next day you'd have owned 1 share. This wouldn't directly have changed the overall worth of your Bisalloy Steel Group shares – just the quantity. However, indirectly, the new 400% higher share price could have impacted the market appetite for Bisalloy Steel Group shares which in turn could have impacted Bisalloy Steel Group's share price.

Bisalloy Steel Group share price volatility

Over the last 12 months, Bisalloy Steel Group's shares have ranged in value from as little as $0.5886 up to $1.515. A popular way to gauge a stock's volatility is its "beta".

BIS.AU volatility(beta: 0.52)Avg. volatility(beta: 1.00)LowHigh

Beta is a measure of a share's volatility in relation to the market. The market (AU average) beta is 1, while Bisalloy Steel Group's is 0.5186. This would suggest that Bisalloy Steel Group's shares are less volatile than average (for this exchange).

Bisalloy Steel Group overview

Bisalloy Steel Group Limited processes and sells quenched and tempered, high-tensile, and abrasion resistant steel plates under the BISALLOY brand name. It offers wear, structural, and armor grade specialty steels, as well as protection steel products. Bisalloy Steel Group Limited markets its products through distributors and agents, as well as directly to original equipment manufacturers in Australia and internationally. The company was formerly known as Atlas Group Holdings Limited and changed its name to Bisalloy Steel Group Limited in November 2008. Bisalloy Steel Group Limited was founded in 1980 and is headquartered in Unanderra, 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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