How to buy Capitol Health (CAJ) shares
Learn how to easily invest in Capitol Health 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!
Capitol Health is a medical care facilities business based in Australia. Capitol Health shares (CAJ) are listed on the Australian Securities Exchange (ASX) and all prices are in Australian dollars. Capitol Health has a trailing 12-month revenue of around $187.5 million. If you're looking to buy shares, check out the steps below.
How to buy shares in Capitol Health
- 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.
- 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.
- Search for Capitol Health. Find the share by name or ticker symbol: CAJ. Research its history to confirm it's a solid investment against your financial goals.
- Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until Capitol Health reaches your desired price. Look into dollar-cost averaging to spread out your risk, which smooths out buying at consistent intervals and amounts.
- 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.
- Check on your investment. Congratulations, you own a part of Capitol Health. 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.
What's in this guide?
- Capitol Health key stats
- Compare share trading platforms
- Is Capitol Health stock a buy or sell?
- Capitol Health performance over time
- Are Capitol Health shares over-valued?
- Capitol Health's financials
- How volatile are Capitol Health shares?
- Does Capitol Health pay a dividend?
- Have Capitol Health shares ever split?
- Other common questions
Capitol Health stock price (ASX:CAJ)Use our graph to track the performance of CAJ stocks over time.
Capitol Health shares at a glance
|52-week range||$0.265 - $0.4138|
|50-day moving average||$0.3228|
|200-day moving average||$0.3532|
|Dividend yield||$0.01 (3.7%)|
|Earnings per share (TTM)||$0.013|
Compare share trading platforms
We update our data regularly, but information can change between updates. Confirm details with the provider you're interested in before making a decision.
Is it a good time to buy Capitol Health 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.
Capitol Health price performance over time
|1 week (2022-06-17)||-3.57%|
|1 month (2022-05-25)||-19.40%|
|3 months (2022-03-25)||-22.86%|
|6 months (2021-12-24)||-27.03%|
|1 year (2021-06-25)||-23.94%|
|2 years (2020-06-25)||12.50%|
|3 years (2019-06-25)||28.57%|
|5 years (2017-06-23)||3.85%|
Is Capitol Health under- or over-valued?
Valuing Capitol Health stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Capitol Health's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
Capitol Health's P/E ratio
Capitol Health's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 22x. In other words, Capitol Health shares trade at around 22x 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.
Capitol Health's EBITDA
Capitol Health's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $22.9 million (£13 million).
The EBITDA is a measure of a Capitol Health's overall financial performance and is widely used to measure a its profitability.
Capitol Health financials
|Revenue TTM||$187.5 million|
|Operating margin TTM||8.36%|
|Gross profit TTM||$46.4 million|
|Return on assets TTM||3.54%|
|Return on equity TTM||9.32%|
|Market capitalisation||$291.8 million|
TTM: trailing 12 months
Capitol Health share dividends
Dividend payout ratio: 50% of net profits
Recently Capitol Health has paid out, on average, around 50% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 3.7% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Capitol Health shareholders could enjoy a 3.7% return on their shares, in the form of dividend payments. In Capitol Health's case, that would currently equate to about A$0.01 per share.
Capitol Health'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 3 March 2022 (the "ex-dividend date").
Have Capitol Health's shares ever split?
Capitol Health's shares were split on 20 October 2009.
Capitol Health share price volatility
Over the last 12 months, Capitol Health's shares have ranged in value from as little as $0.265 up to $0.4138. A popular way to gauge a stock's volatility is its "beta".
Beta measures a share's volatility in relation to the market. The market (AU average) beta is 1, while Capitol Health's is 0.7893. This would suggest that Capitol Health's shares are less volatile than average (for this exchange).
Capitol Health overview
Capitol Health Limited provides diagnostic imaging and related services to the healthcare market in Australia. The company owns and operates clinics in Victoria, Tasmania, South Australia, and Western Australia. It offers a range of diagnostic imaging services, including general x-ray, magnetic resonance imaging, ultrasound, mammography, Doppler, orthopantomogram, echocardiography, computed tomography, CT angiography, cone beam CT, nuclear medicine, bone densitometry, and fluoroscopy. The company was incorporated in 2005 and is headquartered in East Melbourne, Australia.
Stocks similar to Capitol Health
Capitol Health in the news
Those who invested in Capitol Health (ASX:CAJ) three years ago are up 50%
Frequently asked questions
More guides on Finder
How to buy Arcadia Minerals (AM7) shares
Steps to owning and managing Arcadia Minerals shares.
How to buy Nexgen Energy (NXG) shares
Steps to owning and managing Nexgen Energy shares.
How to buy Keypath Education (KED) shares
Steps to owning and managing Keypath Education shares.
What are green bonds and how do they impact the world?
If you want to directly fund climate solutions a green bond is a great place to start. Here is how they work.
5 best ways to invest money in Australia in 2022
What's the best way to invest money in Australia? Find out about robo advisors, index funds, cryptocurrency and more in this guide.
How to buy EBR Systems (EBR) shares
Steps to owning and managing EBR Systems shares.
How to buy 5E Advanced Materials (5EA) shares
Steps to owning and managing 5E Advanced Materials shares.
How to buy Leo lithium shares
Steps to owning and managing Leo lithium shares.
How to buy Besra Gold (BEZ) shares
Steps to owning and managing Besra Gold shares.
How to buy The Lottery Corporation (TLC) shares
Steps to owning and managing The Lottery Corporation shares.
Ask an Expert