How to buy Incitec Pivot (IPL) shares in Australia
Learn how to easily invest in Incitec Pivot shares.
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 $5.4 billion. If you're looking to buy shares, check out the steps below.
How to buy shares in Incitec Pivot
- 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 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.
- 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.
- 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 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.
What's in this guide?
- Incitec Pivot key stats
- Compare share trading platforms
- Is Incitec Pivot stock a buy or sell?
- Incitec Pivot performance over time
- Are Incitec Pivot shares over-valued?
- Incitec Pivot's financials
- How volatile are Incitec Pivot shares?
- Does Incitec Pivot pay a dividend?
- Have Incitec Pivot shares ever split?
- Other common questions
Incitec Pivot stock price (ASX:IPL)Use our graph to track the performance of IPL stocks over time.
Incitec Pivot shares at a glance
|52-week range||$2.58 - $3.7856|
|50-day moving average||$2.956|
|200-day moving average||$3.0417|
|Dividend yield||$0.15 (3.52%)|
|Earnings per share (TTM)||$0.14|
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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
|1 week (2023-11-23)||1.75%|
|1 month (2023-11-03)||2.83%|
|3 months (2023-09-01)||-3.32%|
|6 months (2023-06-02)||-3.00%|
|1 year (2022-12-02)||-26.70%|
|2 years (2021-12-03)||-2.02%|
|3 years (2020-12-03)||24.36%|
|5 years (2018-12-03)||-23.22%|
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 10x. In other words, Incitec Pivot shares trade at around 10x 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 $671.5 million (£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||$5.4 billion|
|Operating margin TTM||6.8%|
|Gross profit TTM||$3 billion|
|Return on assets TTM||2.31%|
|Return on equity TTM||4.35%|
|Market capitalisation||$5.6 billion|
TTM: trailing 12 months
Incitec Pivot share dividends
Dividend payout ratio: 4.57% of net profits
Recently Incitec Pivot has paid out, on average, around 4.57% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 3.52% 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 3.52% return on their shares, in the form of dividend payments. In Incitec Pivot's case, that would currently equate to about A$0.15 per share.
While Incitec Pivot's payout ratio might seem low, this can signify that Incitec Pivot is investing more in its future growth.
The latest dividend was paid out to all shareholders who bought their shares by 4 December 2023 (the "ex-dividend date").
Have Incitec Pivot's shares ever split?
Incitec Pivot's shares were split on a 1.1074:1 basis on 14 November 2008. So if you had owned 1 share the day before the split, the next day you would own 1.1074 shares. This wouldn't directly have changed the overall worth of your Incitec Pivot shares – just the quantity. However, indirectly, the new 9.7% lower share price could have impacted the market appetite for Incitec Pivot shares which in turn could have impacted Incitec Pivot's share price.
Incitec Pivot share price volatility
Over the last 12 months, Incitec Pivot's shares have ranged in value from as little as $2.58 up to $3.7856. 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 Incitec Pivot's is 0.787. This would suggest that Incitec Pivot's shares are less volatile than average (for this exchange).
Incitec Pivot overview
Incitec Pivot Limited, together with its subsidiaries, manufactures and distributes industrial explosives, industrial chemicals, and fertilizers in Australia, the United States, the Asia Pacific, Turkey, France, and internationally. It offers ammonium nitrate, nitrogen-based fertilizer, ammonia, di/mono-ammonium phosphate, and single super phosphate. The company also manufactures and sells industrial explosives, and related products and services to mining, quarrying, and construction industries. In addition, it offers industrial chemicals to the agriculture and specialist industries. The company was founded in 1831 and is headquartered in Southbank, Australia.
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