How to buy Elders shares | A$10.21

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

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 Elders. Find the share by name or ticker symbol: ELD. 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 Elders 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 $10.21, 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 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 price

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

Elders shares at a glance

• Key figures

Information last updated 2020-09-13.

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
Target price	AUDA$7.6
PE ratio	13.8102
Dividend yield	AUDA$0.18 (1.79%)
Earnings per share (TTM)	AUDA$0.666

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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 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.

Technical Analysis of Elders Limited by TradingView

Elders price performance over time

Historical closes compared with the last close of A$10.21

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

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.

Elders financials

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%
Profit margin	5.03%
Book value	3.943
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 overview

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.

Frequently asked questions

• What percentage of Elders is owned by insiders or institutions?

  Currently 3.802% of Elders shares are held by insiders and 45.053% by institutions.

• When does the fiscal year end for Elders?

  Elders's fiscal year ends in September.

• Where is Elders based?

  Elders's address is: 80 Grenfell Street, Adelaide, SA, Australia, 5000

• What is Elders's ISIN number?

  Elders's international securities identification number is: AU000000ELD6