How to buy Bisalloy Steel Group (BIS) shares

Learn how to easily invest in Bisalloy Steel Group shares.

We’re reader-supported and may be paid when you visit links to partner sites. We don’t compare all products in the market, but we’re working on it!

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 in Australian Dollars. Bisalloy Steel Group has a trailing 12-month revenue of around $104.8 million. If you're looking to buy shares, check out the steps below.

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.

Bisalloy Steel Group stock price (ASX:BIS)

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

Bisalloy Steel Group shares at a glance

Information last updated 2021-09-17.
52-week range$0.89 - $1.74
50-day moving average $1.4219
200-day moving average $1.1882
Target priceN/A
PE ratio 8.5405
Dividend yield $0.09 (5.45%)
Earnings per share (TTM) $0.185

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.
Superhero share trading
AUD $5
No
ASX shares, US shares
Australia’s lowest-cost broker for ASX shares and ETFs.
Pay zero brokerage on US stocks and all ETFs and just $5 (flat fee) to trade Australian shares from your mobile or desktop.
ThinkMarkets Share Trading
AUD $8
No
ASX shares
Limited-time offer: Get 10 free ASX trades ($0 brokerage) when you open a share trading account with ThinkMarkets(T&Cs apply).$8 flat fee brokerage for CHESS Sponsored ASX stocks (HIN ownership), plus free live stock price data on an easy to use mobile app.
Saxo Capital Markets (Classic account)
AUD $5
No
ASX shares, Global shares, Forex, CFDs, Margin trading, Options trading, 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.
CMC Markets Invest
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.
HSBC Online Share Trading
AUD $19.95
No
ASX shares, mFunds, ETFs, Bonds
Limited time offer: Get up to $100 in brokerage rebates on your first 5 trades when you sign up to a HSBC Online Share Trading account (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.
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.
loading

Compare up to 4 providers

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 last close of A$1.54

1 week (2021-09-14) -3.75%
1 month (2021-08-20) 10.79%
3 months (2021-06-21) 31.62%
6 months (2021-03-19) 49.51%
1 year (2020-09-21) 52.48%
2 years (2019-09-20) 43.93%
3 years (2018-09-21) 66.49%
5 years (2016-09-21) 266.67%

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 $13.2 million (£7 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 $104.8 million
Operating margin TTM 10.79%
Gross profit TTM $23.4 million
Return on assets TTM 8.29%
Return on equity TTM 19.68%
Profit margin 8.4%
Book value 0.978
Market capitalisation $72.8 million

TTM: trailing 12 months

Bisalloy Steel Group share dividends

26%

Dividend payout ratio: 26.32% of net profits

Recently Bisalloy Steel Group has paid out, on average, around 26.32% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 5.7% 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 5.7% return on their shares, in the form of dividend payments. In Bisalloy Steel Group's case, that would currently equate to about A$0.09 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 1 November 2021 (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 $0.89 up to $1.74. A popular way to gauge a stock's volatility is its "beta".

BIS.AU volatility(beta: 0.54)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 0.5382. 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 manufactures and sells quenched and tempered, high-tensile, and abrasion resistant steel plates under the BISALLOY brand name. The company offers wear, structural, and armor grade specialty steels. It also provides protection steel products. The company serves mining, construction, general fabrication, and pressure vessel defense industries. 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 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.

More guides on Finder

Ask an Expert

You are about to post a question on finder.com.au:

  • Do not enter personal information (eg. surname, phone number, bank details) as your question will be made public
  • finder.com.au is a financial comparison and information service, not a bank or product provider
  • We cannot provide you with personal advice or recommendations
  • Your answer might already be waiting – check previous questions below to see if yours has already been asked

Finder only provides general advice and factual information, so consider your own circumstances, or seek advice before you decide to act on our content. By submitting a question, you're accepting our Terms of Use, Disclaimer & Privacy Policy and Privacy & Cookies Policy.
Go to site