With energy prices rising, switch to a cheaper plan
Compare Prices Now

How to buy Incitec Pivot (IPL) shares

Learn how to easily invest in Incitec Pivot shares.

We’re reader-supported and may be paid when you visit links to partner sites. We don’t compare all products in the market, but we’re working on it!

Incitec Pivot is a specialty chemicals business based in Australia. Incitec Pivot shares (IPL) are listed on the Australian Securities Exchange (ASX) and all prices are in Australian dollars. Incitec Pivot has a trailing 12-month revenue of around $5.2 billion. If you're looking to buy shares, check out the steps below.

How to buy shares in Incitec Pivot

  1. 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.
  2. 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.
  3. Search for Incitec Pivot. Find the share by name or ticker symbol: IPL. 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 Incitec Pivot reaches your desired price. Look into dollar-cost averaging to spread out your risk, which smooths out buying at consistent intervals and amounts.
  5. 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.
  6. Check on your investment. Congratulations, you own a part of Incitec Pivot. 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.

Incitec Pivot stock price (ASX:IPL)

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

Incitec Pivot shares at a glance

Information last updated 2022-06-21.
52-week range$2.2175 - $4.057
50-day moving average $3.7346
200-day moving average $3.3833
Target price$4.09
PE ratio 13.0588
Dividend yield $0.183 (5.95%)
Earnings per share (TTM) $0.255

Compare share trading platforms

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.
1 - 10 of 10
Name Product Standard brokerage fee Inactivity fee Markets
ThinkMarkets Share Trading
ASX shares
Exclusive: Sign up through Finder and get 3 months of free trading up to 50 trades. Offer available to new customers only.
Following your first three months, enjoy $8 flat fee CHESS sponsored brokerage as well as free live stock data all from the convenience of an easy-to-use mobile app
IG Share Trading
$5 – 8
ASX shares, US shares, UK shares, ETFs, and more
Exclusive: Finder customers who apply for a share trading account in June will be able to trade Aussie shares from $2.50 commission until the end of August. T&Cs apply.
Enjoy some of the lowest brokerage fees on the market when trading Australian shares, international shares, plus get access to 24-hour customer support.
Tiger Brokers
Tiger Brokers
ASX shares, Global shares, Options trading, US shares, ETFs
Exclusive to Finder: Sign up to Tiger through Finder and on completion of your first deposit of any amount or transfer of shares receive 4 extra free grab shares. T&Cs apply.
Get started with $0 brokerage on ASX and US stocks for the first 3 months upon completion of your first qualifying deposit. Also receive a free Apple share if you deposit $3,000 or more.
SelfWealth (Basic account)
ASX shares, US shares
Trade ASX and US shares for a flat fee of $9.50, regardless of the trade size.
New customers receive free access to Community Insights with SelfWealth Premium for the first 90 days. Follow other investors and benchmark your portfolio performance.
CMC Markets Invest
ASX shares, Global shares, mFunds, ETFs
$0 brokerage on global shares including US, UK and Japan markets.
Trade up to 35,000 products, including shares, ETFs and managed funds, plus access up to 15 major global and Australian stock exchanges. Plus, buy Aussie shares for $0 brokerage up to $1,000. (Limited to one buy order per stock per trading day).
Bendigo Invest Direct
ASX shares, Global shares, Options trading, mFunds, ETFs, Warrants
Gain access to 12 markets from one account with Bendigo.
Invest in Australian shares and access major international markets through a trusted local brand. Plus, fine tune your investment knowledge with Bendigo’s advanced research and analysis tools.
GO Markets Share Trading
ASX shares, Forex, CFDs, ETFs
Zero Brokerage on your next 50 trades!
Simply transfer an existing HIN before 30 June and pay no fees on your next 50 transactions. Alternatively, transfer your existing shares and receive 5 transactions at zero cost for each shareholding transferred, once again up to 50 free trades. T & Cs apply
Saxo Capital Markets (Classic account)
ASX shares, Global shares, ETFs
Access 22,000+ stocks on 50+ exchanges worldwide
Low fees for Australian and global share trading, no inactivity fees, low currency conversion fee and optimised for mobile.
Bell Direct Share Trading
ASX shares, mFunds, ETFs
Get $300 free brokerage until 30 June when you move to Bell Direct. T&Cs apply.
Bell Direct offers a one-second placement guarantee on market-to-limit ASX orders or your trade is free, plus enjoy extensive free research reports from top financial experts.
Superhero share trading
ASX shares, US shares, ETFs
Sign up & fund your account with A$100 or more and receive US$10 of Tesla stocks on Superhero. T&Cs apply.
Enjoy $0 brokerage on US stocks and buying ETFs as well as a flat $5 fee to trade Australian shares.

Compare up to 4 providers

Is it a good time to buy Incitec Pivot 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.

Incitec Pivot price performance over time

Historical closes compared with the last close of A$3.43

1 week (2022-06-20) 4.89%
1 month (2022-05-27) -2.00%
3 months (2022-03-25) -11.14%
6 months (2021-12-24) 7.52%
1 year (2021-06-25) 39.43%
2 years (2020-06-26) 82.93%
3 years (2019-06-27) 3.43
5 years (2017-06-27) 1.78%

Is Incitec Pivot under- or over-valued?

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

Incitec Pivot's P/E ratio

Incitec Pivot's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 13x. In other words, Incitec Pivot shares trade at around 13x 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.

Incitec Pivot's PEG ratio

Incitec Pivot's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 1.77. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.

The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into Incitec Pivot's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.

Incitec Pivot's EBITDA

Incitec Pivot's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $1.3 billion (£0.0 million).

The EBITDA is a measure of a Incitec Pivot's overall financial performance and is widely used to measure a its profitability.

Incitec Pivot financials

Revenue TTM $5.2 billion
Operating margin TTM 18.34%
Gross profit TTM $1.9 billion
Return on assets TTM 6.61%
Return on equity TTM 9.32%
Profit margin 9.55%
Book value 2.833
Market capitalisation $6.5 billion

TTM: trailing 12 months

Incitec Pivot share dividends


Dividend payout ratio: 70.38% of net profits

Recently Incitec Pivot has paid out, on average, around 70.38% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 5.95% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Incitec Pivot shareholders could enjoy a 5.95% return on their shares, in the form of dividend payments. In Incitec Pivot's case, that would currently equate to about A$0.183 per share.

Incitec Pivot's payout ratio would broadly be considered high, and as such this stock could appeal to those looking to generate an income. Bear in mind however that companies should normally also look to re-invest a decent amount of net profits to ensure future growth.

The latest dividend was paid out to all shareholders who bought their shares by 6 June 2022 (the "ex-dividend date").

Have Incitec Pivot's shares ever split?

Incitec Pivot's shares were split on 14 November 2008.

Incitec Pivot share price volatility

Over the last 12 months, Incitec Pivot's shares have ranged in value from as little as $2.2175 up to $4.057. A popular way to gauge a stock's volatility is its "beta".

IPL.AU volatility(beta: 0.87)Avg. volatility(beta: 1.00)LowHigh

Beta measures a share's volatility in relation to the market. The market (AU average) beta is 1, while Incitec Pivot's is 0.8729. This would suggest that Incitec Pivot's shares are less volatile than average (for this exchange).

Incitec Pivot overview

Incitec Pivot Limited manufactures and distributes industrial explosives, industrial chemicals, and fertilizers in Australia, the United States, Canada, Turkey, and internationally. It manufactures and distributes fertilizers, including di/mono-ammonium phosphate, ammonia, granulated ammonium sulphate, urea, and single super phosphate, as well as imports and sells fertilizers. The company also manufactures and sells industrial explosives, such as ammonium nitrate and related products and services to the mining, quarrying, and construction industries; and manufactures, imports, and sells industrial chemicals to the agriculture and specialist industries. Incitec Pivot Limited was founded in 1831 and is headquartered in Southbank, Australia.

Incitec Pivot in the news

There are no recent company news

Frequently asked questions

Disclaimer: This information should not be interpreted as an endorsement of futures, stocks, ETFs, CFDs, options or any specific provider, service or offering. It should not be relied upon as investment advice or construed as providing recommendations of any kind. Futures, stocks, ETFs and options trading involves substantial risk of loss and therefore are not appropriate for all investors. Trading CFDs comes with a higher risk of losing money rapidly due to leverage. Past performance is not an indication of future results. Consider your own circumstances, and obtain your own advice, before making any trades.

More guides on Finder

Ask an Expert

You are about to post a question on finder.com.au:

  • Do not enter personal information (eg. surname, phone number, bank details) as your question will be made public
  • finder.com.au is a financial comparison and information service, not a bank or product provider
  • We cannot provide you with personal advice or recommendations
  • Your answer might already be waiting – check previous questions below to see if yours has already been asked

Finder only provides general advice and factual information, so consider your own circumstances, or seek advice before you decide to act on our content. By submitting a question, you're accepting our Terms of Use, Disclaimer & Privacy Policy and Privacy & Cookies Policy.
Go to site