How to buy Elanor Retail Property Fund shares | A$0.945

Elanor Retail Property Fund is a real estate services business based in Australia. Elanor Retail Property Fund shares (ERF) are listed on the Australian Securities Exchange (ASX) and all prices are listed in Australian Dollars. Its last market close was $0.945 – an increase of 7.39% over the previous week. Elanor Retail Property Fund has a trailing 12-month revenue of around $27.2 million.

How to buy shares in Elanor Retail Property Fund

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 Elanor Retail Property Fund. Find the share by name or ticker symbol: ERF. 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 Elanor Retail Property Fund 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 $0.945, 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 Elanor Retail Property Fund. 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.

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For our Top Picks, we compared our Finder partners using a proprietary algorithm in August 2020. Keep in mind that our top picks may not always be the best for you, and you're encouraged to compare for yourself to find one that works for you. Read our full methodology here to find out more.

How has coronavirus impacted Elanor Retail Property Fund's share price?

Since the stock market crash in March caused by coronavirus, Elanor Retail Property Fund's share price has had significant negative movement.

Its last market close was $0.945, which is 23.48% down on its pre-crash value of $1.235 and 18.13% up on the lowest point reached during the March crash when the shares fell as low as $0.8.

If you had bought $1,000 worth of Elanor Retail Property Fund shares at the start of February 2020, those shares would have been worth $661.29 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 $762.10.

Elanor Retail Property Fund share price

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

Elanor Retail Property Fund shares at a glance

• Key figures

Information last updated 2020-10-20.

Latest market close	AUDA$0.945
52-week range	AUDA$0.68 - AUDA$1.27
50-day moving average	AUDA$0.8424
200-day moving average	AUDA$0.8293
Target price	AUDA$1.56
PE ratio	4.314
Dividend yield	AUDA$0.1 (10.88%)
Earnings per share (TTM)	AUDA$0.14

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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.

Is it a good time to buy Elanor Retail Property Fund 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.

Technical Analysis of Elanor Retail Property Fund by TradingView

Elanor Retail Property Fund price performance over time

Historical closes compared with the close of A$0.945 on 2020-10-22

1 week (2020-10-16)	7.39%
1 month (2020-09-23)	11.83%
3 months (2020-07-23)	12.50%
6 months (2020-04-23)	35.00%

1 year (2019-10-23)	-25.00%
2 years (2018-10-23)	-25.59%
3 years (2017-10-23)	-30.51%
5 years (2015-10-19)	N/A

Is Elanor Retail Property Fund under- or over-valued?

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

Elanor Retail Property Fund's P/E ratio

Elanor Retail Property Fund's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 4x. In other words, Elanor Retail Property Fund shares trade at around 4x 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.

Elanor Retail Property Fund's EBITDA

Elanor Retail Property Fund's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $16.2 million.

The EBITDA is a measure of a Elanor Retail Property Fund's overall financial performance and is widely used to measure a its profitability.

Elanor Retail Property Fund financials

Revenue TTM	$27.2 million
Operating margin TTM	56.04%
Gross profit TTM	$23.9 million
Return on assets TTM	2.85%
Return on equity TTM	-6.46%
Profit margin	30.5%
Book value	1.02
Market capitalisation	$115.5 million

TTM: trailing 12 months

Elanor Retail Property Fund share dividends

We're not expecting Elanor Retail Property Fund to pay a dividend over the next 12 months.

Elanor Retail Property Fund share price volatility

Over the last 12 months, Elanor Retail Property Fund's shares have ranged in value from as little as $0.68 up to $1.27. 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 Elanor Retail Property Fund's is 0.6286. This would suggest that Elanor Retail Property Fund's shares are less volatile than average (for this exchange).

Elanor Retail Property Fund overview

Elanor Retail Property Fund (ASX:ERF) is an externally managed listed real estate investment fund investing in Australian retail property. The fund invests in high investment quality, non-discretionary retail based neighborhood and sub-regional shopping centers. The strategy of Elanor Retail Property Fund is to acquire assets that provide strong income and capital growth potential. The Elanor Retail Property Fund's management team has proven experience in identifying and managing high investment value retail property assets.

Frequently asked questions

• What percentage of Elanor Retail Property Fund is owned by insiders or institutions?

  Currently 22.316% of Elanor Retail Property Fund shares are held by insiders and 25.639% by institutions.

• When does the fiscal year end for Elanor Retail Property Fund?

  Elanor Retail Property Fund's fiscal year ends in June.

• Where is Elanor Retail Property Fund based?

  Elanor Retail Property Fund's address is: 259 George Street, Sydney, NSW, Australia, 2000

• What is Elanor Retail Property Fund's ISIN number?

  Elanor Retail Property Fund's international securities identification number is: AU000000ERF8