How to buy Elders shares | A$10.21
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Elders Limited is a farm products business based in Australia. Elders shares (ELD) are listed on the Australian Securities Exchange (ASX) and all prices are listed in Australian Dollars. Its last market close was $10.21 – an increase of 1.69% over the previous week. Elders has a trailing 12-month revenue of around $1.9 billion.
How to buy shares in Elders
- 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.
- 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.
- Search for Elders. Find the share by name or ticker symbol: ELD. 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 Elders reaches your desired price. To spread out your risk, look into dollar-cost averaging, which smooths out buying at consistent intervals and amounts.
- Decide on how many to buy. At today's price of $10.21, weigh your budget against a diversified portfolio that can minimise risk through the market's ups and downs.
- Check in on your investment. Congratulations, you own a part of Elders. 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 Elders's share price?
Since the stock market crash in March caused by coronavirus, Elders's share price has had significant positive movement.
Its last market close was $10.21, which is 20.27% up on its pre-crash value of $8.14 and 45.86% up on the lowest point reached during the March crash when the shares fell as low as $7.
If you had bought $1,000 worth of Elders shares at the start of February 2020, those shares would have been worth $978.59 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 $1,366.81.
Elders share priceUse our graph to track the performance of ELD stocks over time.
Elders shares at a glance
|Latest market close||AUDA$10.21|
|52-week range||AUDA$5.67 - AUDA$10.79|
|50-day moving average||AUDA$10.2369|
|200-day moving average||AUDA$9.3165|
|Dividend yield||AUDA$0.18 (1.79%)|
|Earnings per share (TTM)||AUDA$0.666|
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- Brokerage - AU shares: From AUD 5 or 0.05%
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Is it a good time to buy Elders 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.
Elders price performance over time
|1 week (2020-09-11)||1.69%|
|1 month (2020-08-18)||-0.97%|
|3 months (2020-06-18)||8.50%|
|6 months (2020-03-18)||25.74%|
|1 year (2019-09-18)||53.07%|
|2 years (2018-09-18)||42.78%|
|3 years (2017-09-18)||128.69%|
|5 years (2015-09-18)||164.69%|
Is Elders under- or over-valued?
Valuing Elders stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Elders's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
Elders's P/E ratio
Elders's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 14x. In other words, Elders shares trade at around 14x 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.
Elders's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $89.5 million (£0.0 million).
The EBITDA is a measure of a Elders's overall financial performance and is widely used to measure a its profitability.
|Revenue TTM||$1.9 billion|
|Operating margin TTM||4.62%|
|Gross profit TTM||$345.8 million|
|Return on assets TTM||4.16%|
|Return on equity TTM||21.25%|
|Market capitalisation||$1.6 billion|
TTM: trailing 12 months
Elders share dividends
Dividend payout ratio: 24.61% of net profits
Recently Elders has paid out, on average, around 24.61% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 1.79% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Elders shareholders could enjoy a 1.79% return on their shares, in the form of dividend payments. In Elders's case, that would currently equate to about A$0.18 per share.
While Elders's payout ratio might seem low, this can signify that Elders is investing more in its future growth.
The latest dividend was paid out to all shareholders who bought their shares by 24 May 2020 (the "ex-dividend date").
Have Elders's shares ever split?
Elders's shares were split on a 1:10 basis on 21 December 2014. So if you had owned 10 shares the day before before the split, the next day you'd have owned 1 share. This wouldn't directly have changed the overall worth of your Elders shares – just the quantity. However, indirectly, the new 900% higher share price could have impacted the market appetite for Elders shares which in turn could have impacted Elders's share price.
Elders share price volatility
Over the last 12 months, Elders's shares have ranged in value from as little as $5.67 up to $10.79. 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 Elders's is 0.2801. This would suggest that Elders's shares are less volatile than average (for this exchange).
Elders Limited provides livestock, real estate, and wool agency services to rural and regional customers primarily in Australia. It operates through Network, Feed and Processing, and Other segments. The company offers rural farm inputs, such as seeds, fertilizers, agricultural chemicals, animal health products, and general rural merchandise, as well as professional production and cropping advisory services. It also provides on-farm sales to third parties, regular physical, and online public livestock auctions, as well as directly sells through its owned and third-party feedlots and livestock exporters; agency services for the sale of greasy wool; brokering services for wool growers; and grain marketing services. In addition, the company offers farms, stations, and lifestyle estates marketing; residential real estate agency and property management; and water and home loan broking services. Further, it provides a range of banking, insurance, and financial planning products and services. Additionally, it operates a beef cattle feedlot; and imports, processes, and distributes Australian meat in China and Indonesia. The company is involved in the investment activities. Elders Limited was founded in 1839 and is headquartered in Adelaide, Australia.
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