How to buy Iluka Resources (ILU) shares in Australia
Learn how to easily invest in Iluka Resources shares.
Iluka Resources is an other industrial metals & mining business based in Australia. Iluka Resources shares (ILU) are listed on the Australian Securities Exchange (ASX) and all prices are in Australian dollars. Iluka Resources has a trailing 12-month revenue of around $1.5 billion. If you're looking to buy shares, check out the steps below.
How to buy shares in Iluka Resources
- 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 Iluka Resources. Find the share by name or ticker symbol: ILU. 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 Iluka Resources 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 Iluka Resources. 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?
- Iluka Resources key stats
- Compare share trading platforms
- Is Iluka Resources stock a buy or sell?
- Iluka Resources performance over time
- Are Iluka Resources shares over-valued?
- Iluka Resources's financials
- How volatile are Iluka Resources shares?
- Does Iluka Resources pay a dividend?
- Have Iluka Resources shares ever split?
- Other common questions
Iluka Resources stock price (ASX:ILU)Use our graph to track the performance of ILU stocks over time.
Iluka Resources shares at a glance
|52-week range||$6.72 - $12.0375|
|50-day moving average||$7.2674|
|200-day moving average||$9.6483|
|Dividend yield||$0.23 (0.85%)|
|Earnings per share (TTM)||$1.03|
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Is it a good time to buy Iluka Resources 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.
Iluka Resources price performance over time
|1 week (2023-12-01)||1.90%|
|1 month (2023-11-09)||-3.60%|
|3 months (2023-09-08)||-13.00%|
|6 months (2023-06-09)||-40.41%|
|1 year (2022-12-09)||-33.59%|
|2 years (2021-12-09)||-20.73%|
|3 years (2020-12-09)||17.77%|
|5 years (2018-12-07)||-8.42%|
Is Iluka Resources under- or over-valued?
Valuing Iluka Resources stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Iluka Resources's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
Iluka Resources's P/E ratio
Iluka Resources's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 7x. In other words, Iluka Resources shares trade at around 7x 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.
Iluka Resources's EBITDA
Iluka Resources's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $746.8 million (£0.0 million).
The EBITDA is a measure of a Iluka Resources's overall financial performance and is widely used to measure stock profitability.
Iluka Resources financials
|Revenue TTM||$1.5 billion|
|Operating margin TTM||37.37%|
|Gross profit TTM||$1.1 billion|
|Return on assets TTM||12.35%|
|Return on equity TTM||22.1%|
|Market capitalisation||$2.9 billion|
TTM: trailing 12 months
Iluka Resources share dividends
Dividend payout ratio: 42.59% of net profits
Recently Iluka Resources has paid out, on average, around 42.59% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 0.85% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Iluka Resources shareholders could enjoy a 0.85% return on their shares, in the form of dividend payments. In Iluka Resources's case, that would currently equate to about A$0.23 per share.
While Iluka Resources's payout ratio might seem fairly standard, it's worth remembering that Iluka Resources may be investing much of the rest of its net profits in future growth.
The latest dividend was paid out to all shareholders who bought their shares by 1 September 2023 (the "ex-dividend date").
Have Iluka Resources's shares ever split?
Iluka Resources's shares were split on a 1.124:1 basis on 19 March 2008. So if you had owned 1 share the day before the split, the next day you would own 1.124 shares. This wouldn't directly have changed the overall worth of your Iluka Resources shares – just the quantity. However, indirectly, the new 11% lower share price could have impacted the market appetite for Iluka Resources shares which in turn could have impacted Iluka Resources's share price.
Iluka Resources share price volatility
Over the last 12 months, Iluka Resources's shares have ranged in value from as little as $6.72 up to $12.0375. 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 Iluka Resources's is 1.153. This would suggest that Iluka Resources's shares are a little bit more volatile than the average for this exchange and represent, relatively speaking, a slightly higher risk (but potentially also market-beating returns).
Iluka Resources overview
Iluka Resources Limited engages in the exploration, project development, mining, processing, marketing, and rehabilitation of mineral sands. The company operates through Jacinth-Ambrosia/Mid West, Cataby/South West, Rare Earths, and United States/Murray Basin segments. It produces zircon; titanium dioxide products of rutile and synthetic rutile; and ilmenite, as well as activated carbon, gypsum, and iron concentrate products. The company also engages in the exploration of rare earths elements, such as monazite and xenotime. Its products are used in technology, construction, medical, lifestyle, defense, and industrial applications. It has operations in Australia, China, rest of Asia, Europe, the Americas, and internationally. The company was formerly known as Westralian Sands Limited and changed its name to Iluka Resources Limited in May 1999. Iluka Resources Limited was incorporated in 1954 and is headquartered in Perth, Australia.
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