
Get exclusive money-saving offers and guides
Straight to your inbox
Posted
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!
Class Limited is a software—application business based in Australia. Class shares (CL1) are listed on the Australian Securities Exchange (ASX) and all prices are listed in Australian Dollars. Class has a trailing 12-month revenue of around $43.9 million..
Our top pick for
US stocks
Our top pick for
Cheap broker fees
Our top pick for
Long-term investing
Since the stock market crash in March caused by coronavirus, Class's share price has had significant positive movement.
Its last market close was $2.19, which is 16.44% up on its pre-crash value of $1.83 and 147.46% up on the lowest point reached during the March crash when the shares fell as low as $0.885.
If you had bought $1,000 worth of Class shares at the start of February 2020, those shares would have been worth $448.78 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 $1,068.28.
52-week range | $0.885 - $2.36 |
---|---|
50-day moving average | $1.9912 |
200-day moving average | $1.5826 |
Target price | $2.32 |
PE ratio | 36.6492 |
Dividend yield | $0.05 (2.38%) |
Earnings per share (TTM) | $0.057 |
Standard brokerage - Australian shares
Competitive broker fees on Australian and international shares
Important: Share trading carries risk of capital loss.
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.
Historical closes compared with the close of A$2.19 on 2020-10-22
1 week (2021-01-12) | 13.77% |
---|---|
1 month (2020-12-18) | 11.73% |
3 months (2020-10-20) | 4.29% |
6 months (2020-07-20) | 59.85% |
1 year (2020-01-17) | 6.83% |
---|---|
2 years (2019-01-18) | 66.54% |
3 years (2018-01-19) | -26.76% |
5 years (2016-01-19) | 20.99% |
Valuing Class stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Class's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
Class's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 37x. In other words, Class shares trade at around 37x recent earnings.
That's relatively high compared to, say, the P/E ratio for the ASX over the 12 months to December 2019 (32.14). The high P/E ratio could mean that investors are optimistic about the outlook for the shares or simply that they're over-valued.
Class's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $11.9 million (£0.0 million).
The EBITDA is a measure of a Class's overall financial performance and is widely used to measure a its profitability.
Revenue TTM | $43.9 million |
---|---|
Operating margin TTM | 24.55% |
Gross profit TTM | $25.4 million |
Return on assets TTM | 13.48% |
Return on equity TTM | 19.39% |
Profit margin | 15.58% |
Book value | 0.341 |
Market capitalisation | $261.7 million |
TTM: trailing 12 months
Dividend payout ratio: 83.33% of net profits
Recently Class has paid out, on average, around 83.33% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 2.38% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Class shareholders could enjoy a 2.38% return on their shares, in the form of dividend payments. In Class's case, that would currently equate to about A$0.05 per share.
Class'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 20 August 2020 (the "ex-dividend date").
Over the last 12 months, Class's shares have ranged in value from as little as $0.885 up to $2.36. 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 Class's is 1.8305. This would suggest that Class's shares are more volatile than the average for this exchange and represent, relatively-speaking, a higher risk (but potentially also market-beating returns).
Class Limited develops and distributes cloud-based accounting, investment reporting, and administration software for accountants, administrators, and advisers in Australia. The company offers Class Super, a cloud based self-managed super fund SMSF administration software to streamline various aspects of SMSF administration. It also provides Class Portfolio, a cloud software solution for streamlining investment portfolio accounting, administration, and reporting for companies, trusts, and individuals; and Class Trust. Class Limited was founded in 2005 and is based in Sydney, Australia.
Steps to owning and managing Vanguard Australian Fixed Interest Index ETF units.
Steps to owning and managing Vanguard Ethically Conscious Global Aggregate Bond Index (Hedged) ETF units.
Steps to owning and managing ETFS Morningstar Global Technology ETF units.
Steps to owning and managing BetaShares Global Quality Leaders (Currency Hedged) ETF units.
Steps to owning and managing ETFS ROBO Global Robotics and Automation ETF units.
Steps to owning and managing ETFS FANG+ ETF units.
Steps to owning and managing ETFS S&P Biotech ETF units.
Steps to owning and managing ETFS Reliance India Nifty 50 ETF units.
Steps to owning and managing BetaShares India Quality ETF units.