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How to buy Clover Corporation shares | A$2.08

Own Clover Corporation shares in just a few minutes.

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Clover Corporation Limited is a packaged foods business based in Australia. Clover Corporation shares (CLV) are listed on the Australian Securities Exchange (ASX) and all prices are listed in Australian Dollars. Its last market close was $2.08 – an increase of 0.97% over the previous week. Clover Corporation has a trailing 12-month revenue of around $88.3 million.

How to buy shares in Clover Corporation

  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 Clover Corporation. Find the share by name or ticker symbol: CLV. 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 Clover Corporation 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 $2.08, 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 Clover Corporation. 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.

How has coronavirus impacted Clover Corporation's share price?

Since the stock market crash in March caused by coronavirus, Clover Corporation's share price has had significant negative movement.

Its last market close was $2.08, which is 27.02% down on its pre-crash value of $2.85 and 56.39% up on the lowest point reached during the March crash when the shares fell as low as $1.33.

If you had bought $1,000 worth of Clover Corporation shares at the start of February 2020, those shares would have been worth $708.66 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 $818.90.

Clover Corporation share price

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

Clover Corporation shares at a glance

Information last updated 2020-09-25.
Latest market closeAUDA$2.08
52-week rangeAUDA$1.365 - AUDA$3.31
50-day moving average AUDA$2.2381
200-day moving average AUDA$2.155
Target priceAUDA$1.7
PE ratio 27.651
Dividend yield AUDA$0.03 (1.17%)
Earnings per share (TTM) AUDA$0.074

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
Brokerage discount: $5 on Australian shares for active traders & $0 commission on US and global 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.
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.
ThinkMarkets Share Trading
AUD 8
No
ASX shares, ETFs
Fast sign-up: Start trading in just a few minutes
Switch between your ASX share trading account and your forex account on your mobile and access some of the lowest brokerage fees on the market with a flat $8 commission (until $200,000).
ANZ Share Investing
AUD 19.95
No
ASX shares, Global shares, Margin trading, Options trading
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 Clover Corporation 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.

Clover Corporation price performance over time

Historical closes compared with the close of A$2.08 on 2020-09-28

1 week (2020-09-21) -0.48%
1 month (2020-08-28) -3.26%
3 months (2020-06-26) -5.88%
6 months (2020-03-27) 23.81%
1 year (2019-09-27) -32.47%
2 years (2018-09-28) 33.33%
3 years (2017-09-28) 362.22%
5 years (2015-09-28) 845.45%

Is Clover Corporation under- or over-valued?

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

Clover Corporation's P/E ratio

Clover Corporation's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 28x. In other words, Clover Corporation shares trade at around 28x 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.

Clover Corporation's EBITDA

Clover Corporation's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $18.9 million.

The EBITDA is a measure of a Clover Corporation's overall financial performance and is widely used to measure a its profitability.

Clover Corporation financials

Revenue TTM $88.3 million
Operating margin TTM 20.8%
Gross profit TTM $29.7 million
Return on assets TTM 14.69%
Return on equity TTM 24.32%
Profit margin 14.15%
Book value 0.346
Market capitalisation $345.9 million

TTM: trailing 12 months

Clover Corporation share dividends

23%

Dividend payout ratio: 23.49% of net profits

Recently Clover Corporation has paid out, on average, around 23.49% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 1.17% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Clover Corporation shareholders could enjoy a 1.17% return on their shares, in the form of dividend payments. In Clover Corporation's case, that would currently equate to about A$0.03 per share.

While Clover Corporation's payout ratio might seem low, this can signify that Clover Corporation is investing more in its future growth.

The latest dividend was paid out to all shareholders who bought their shares by 26 October 2020 (the "ex-dividend date").

Clover Corporation share price volatility

Over the last 12 months, Clover Corporation's shares have ranged in value from as little as $1.365 up to $3.31. A popular way to gauge a stock's volatility is its "beta".

CLV.AU volatility(beta: 1.35)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 Clover Corporation's is 1.3542. This would suggest that Clover Corporation's shares are more volatile than the average for this exchange and represent, relatively-speaking, a higher risk (but potentially also market-beating returns).

Clover Corporation overview

Clover Corporation Limited refines and sells natural oils in Australia, New Zealand, Asia, Europe, and the Americas. The company is also involved in the production of encapsulated powders; and research and product development of functional food and infant nutrition ingredients. It offers Nu-Mega Hi docosahexaenoic acid tuna oils for use in infant formula and pharmaceutical products; Ocean Gold refined tuna oils; Nu-Mega Driphorm powders that are used in a range of infant formula, follow-on formula, growing up milks, and food applications; and Nu-Mega Driphorm HA for non-dairy applications. The company was founded in 1988 and is headquartered in Altona North, Australia.

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