How to buy Cobram Estate Olives (CBO) shares in Australia
Learn how to easily invest in Cobram Estate Olives shares.
Cobram Estate Olives is a packaged foods business based in Australia. Cobram Estate Olives shares (CBO) are listed on the Australian Securities Exchange (ASX) and all prices are in Australian dollars. Cobram Estate Olives has a trailing 12-month revenue of around $169.4 million. If you're looking to buy shares, check out the steps below.
How to buy shares in Cobram Estate Olives
- 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 Cobram Estate Olives. Find the share by name or ticker symbol: CBO. 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 Cobram Estate Olives 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 Cobram Estate Olives. 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?
- Cobram Estate Olives key stats
- Compare share trading platforms
- Is Cobram Estate Olives stock a buy or sell?
- Cobram Estate Olives performance over time
- Are Cobram Estate Olives shares over-valued?
- Cobram Estate Olives's financials
- How volatile are Cobram Estate Olives shares?
- Does Cobram Estate Olives pay a dividend?
- Other common questions
Cobram Estate Olives stock price (ASX:CBO)Use our graph to track the performance of CBO stocks over time.
Cobram Estate Olives shares at a glance
|52-week range||$1.0647 - $1.5433|
|50-day moving average||$1.3519|
|200-day moving average||$1.3066|
|Dividend yield||$0.033 (2.36%)|
|Earnings per share (TTM)||$0.02|
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Is it a good time to buy Cobram Estate Olives 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.
Cobram Estate Olives price performance over time
|1 week (2023-11-24)||-0.71%|
|1 month (2023-11-02)||9.37%|
|3 months (2023-09-01)||3.70%|
|6 months (2023-06-02)||11.55%|
|1 year (2022-12-02)||-7.59%|
|2 years (2021-12-02)||-30.69%|
Is Cobram Estate Olives under- or over-valued?
Valuing Cobram Estate Olives stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Cobram Estate Olives's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
Cobram Estate Olives's P/E ratio
Cobram Estate Olives's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 79x. In other words, Cobram Estate Olives shares trade at around 79x 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.
Cobram Estate Olives's EBITDA
Cobram Estate Olives's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $38 million (£0.0 million).
The EBITDA is a measure of a Cobram Estate Olives's overall financial performance and is widely used to measure a its profitability.
Cobram Estate Olives financials
|Revenue TTM||$169.4 million|
|Operating margin TTM||31.11%|
|Gross profit TTM||$60.7 million|
|Return on assets TTM||2.26%|
|Return on equity TTM||2.69%|
|Market capitalisation||$582.1 million|
TTM: trailing 12 months
Cobram Estate Olives share dividends
We're not expecting Cobram Estate Olives to pay a dividend over the next 12 months.
Cobram Estate Olives share price volatility
Over the last 12 months, Cobram Estate Olives's shares have ranged in value from as little as $1.0647 up to $1.5433. 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 Cobram Estate Olives's is 0.3. This would suggest that Cobram Estate Olives's shares are less volatile than average (for this exchange).
Cobram Estate Olives overview
Cobram Estate Olives Limited operates as a food and agribusiness company with olive farming and milling operations in Australia and the United States. Its olive farming assets include various olive trees of freehold farmland in Australia and long-term leased and freehold properties in California. The company also owns olive tree nursery, olive mills, olive oil bottling and storage facilities, and olives laboratory. Its portfolio of olive oil brands includes Cobram Estate and Red Island. The company also exports its products. The company was formerly known as Boundary Bend Limited. Cobram Estate Olives Limited was founded in 1998 and is headquartered in Lara, Australia.
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