How to buy Bisalloy Steel Group shares

Own Bisalloy Steel Group shares in just a few minutes.

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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 of $1.375, 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.

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How has coronavirus impacted Bisalloy Steel Group's share price?

Since the stock market crash in March caused by coronavirus, Bisalloy Steel Group's share price has had significant positive movement.

Its last market close was $1.375, which is 30.55% up on its pre-crash value of $0.955 and 125.41% up on the lowest point reached during the March crash when the shares fell as low as $0.61.

If you had bought $1,000 worth of Bisalloy Steel Group shares at the start of February 2020, those shares would have been worth $590.48 at the bottom of the March crash, and if you held on to them, then as of the last market close they'd be worth $1,309.52.

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 2020-10-21.
52-week range$0.61 - $1.42
50-day moving average $1.0881
200-day moving average $0.9891
Target priceN/A
PE ratio 9.1259
Dividend yield $0.05 (3.53%)
Earnings per share (TTM) $0.143

Share Trading Account Offer

IG Share Trading Offer

AUD 8

Standard brokerage - Australian shares

Share Trading Account Offer

Competitive broker fees on Australian and international shares

  • Brokerage - AU shares: From AUD 5 or 0.05%
  • Brokerage - US shares: USD 0
  • Sign-up process: Instant
  • Support - After hours: Yes
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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.
Data indicated here is updated regularly
Name Product Standard brokerage fee Inactivity fee Markets
IG Share Trading
Finder Award
IG Share Trading
AUD 8 or 0.1%
AUD 50 per quarter if you make fewer than three trades in that period
ASX shares, Global shares, Forex, CFDs, Margin trading
$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, forex and CFDs, plus get access to 24-hour customer support.
Bell Direct Share Trading
AUD 15 or 0.1%
No
ASX shares, mFunds
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.
Superhero share trading
AUD 5
No
ASX shares
Pay zero brokerage on all Australian ETFs.
Trade ASX stocks with a flat $5 commission fee and a low minimum investment of just $100.
CMC Markets Stockbroking
AUD 11 or 0.1%
No
ASX shares, Global shares, Forex, CFDs, Margin trading, Options trading, mFunds
$0 brokerage on global shares including US, UK and Japan markets.
Trade up to 9,000 products, including shares, managed funds, forex, commodities and cryptocurrencies, plus access up to 15 major global and Australian stock exchanges.
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.
Westpac Online Investing Account
AUD 19.95 or 0.11%
AUD 63.50 per year on the global markets account
ASX shares, Global shares, Options trading, US shares
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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.

Bisalloy Steel Group price performance over time

Historical closes compared with the close of A$1.375 on 2020-10-22

1 week (2021-01-08) 10.00%
1 month (2020-12-16) -3.85%
3 months (2020-10-16) 5.36%
6 months (2020-07-16) 43.23%
1 year (2020-01-16) 23.87%
2 years (2019-01-16) 26.15%
3 years (2018-01-16) 70.81%
5 years (2016-01-15) 175.00%

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 9x. In other words, Bisalloy Steel Group 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.

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 $62.4 million

TTM: trailing 12 months

Bisalloy Steel Group share dividends

29%

Dividend payout ratio: 28.57% of net profits

Recently Bisalloy Steel Group has paid out, on average, around 28.57% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 3.53% 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 3.53% 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.

While Bisalloy Steel Group's payout ratio might seem fairly standard, it's worth remembering that Bisalloy Steel Group 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 3 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 10 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 $0.61 up to $1.42. A popular way to gauge a stock's volatility is its "beta".

BIS.AU volatility(beta: 1.08)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 1.0825. This would suggest that Bisalloy Steel Group'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).

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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