IOOF Holdings Ltd is an asset management business based in Australia. IOOF Holdings shares (IFL) are listed on the Australian Securities Exchange (ASX) and all prices are listed in Australian Dollars. Its last market close was $3.09 – an increase of 0.32% over the previous week. IOOF Holdings has a trailing 12-month revenue of around $1.2 billion.
How to buy shares in IOOF Holdings
- 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 IOOF Holdings. Find the share by name or ticker symbol: IFL. 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 IOOF Holdings 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 $3.09, 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 IOOF Holdings. 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.
What's in this guide?
How has coronavirus impacted IOOF Holdings's share price?
Since the stock market crash in March caused by coronavirus, IOOF Holdings's share price has had significant negative movement.
Its last market close was $3.09, which is 54.89% down on its pre-crash value of $6.85 and 13.60% up on the lowest point reached during the March crash when the shares fell as low as $2.72.
If you had bought $1,000 worth of IOOF Holdings shares at the start of February 2020, those shares would have been worth $402.60 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 $401.30.
IOOF Holdings share priceUse our graph to track the performance of IFL stocks over time.
IOOF Holdings shares at a glance
|Latest market close||AUDA$3.09|
|52-week range||AUDA$2.92 - AUDA$8.45|
|50-day moving average||AUDA$3.9718|
|200-day moving average||AUDA$4.3265|
|Dividend yield||AUDA$0.23 (7.35%)|
|Earnings per share (TTM)||AUDA$0.419|
Standard brokerage - Australian shares
Share Trading Account Offer
Competitive broker fees on Australian and international shares
- Brokerage - AU shares: From AUD 5 or 0.05%
- Brokerage - US shares: USD 0
- Sign-up process: Instant
- Support - After hours: Yes
Important: Share trading carries risk of capital loss.
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Is it a good time to buy IOOF Holdings 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.
IOOF Holdings price performance over time
|1 week (2020-09-12)||N/A|
|1 month (2020-08-21)||-22.87%|
|3 months (2020-06-19)||-38.81%|
|6 months (2020-03-23)||-0.32%|
|1 year (2019-09-20)||-48.41%|
|2 years (2018-09-21)||-62.64%|
|3 years (2017-09-21)||-72.29%|
|5 years (2015-09-21)||-65.08%|
Is IOOF Holdings under- or over-valued?
Valuing IOOF Holdings stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of IOOF Holdings's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
IOOF Holdings's P/E ratio
IOOF Holdings's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 21x. In other words, IOOF Holdings shares trade at around 21x 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.
IOOF Holdings's EBITDA
IOOF Holdings's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $207 million (£0.0 million).
The EBITDA is a measure of a IOOF Holdings's overall financial performance and is widely used to measure a its profitability.
IOOF Holdings financials
|Revenue TTM||$1.2 billion|
|Operating margin TTM||12.51%|
|Gross profit TTM||$313.6 million|
|Return on assets TTM||2.3%|
|Return on equity TTM||3.45%|
|Market capitalisation||$2.3 billion|
TTM: trailing 12 months
IOOF Holdings share dividends
Dividend payout ratio: 171.73% of net profits
Recently IOOF Holdings has paid out, on average, around 171.73% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 7.35% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), IOOF Holdings shareholders could enjoy a 7.35% return on their shares, in the form of dividend payments. In IOOF Holdings's case, that would currently equate to about A$0.23 per share.
IOOF Holdings'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 September 2020 (the "ex-dividend date").
IOOF Holdings share price volatility
Over the last 12 months, IOOF Holdings's shares have ranged in value from as little as $2.92 up to $8.45. 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 IOOF Holdings's is 1.8717. This would suggest that IOOF Holdings's shares are more volatile than the average for this exchange and represent, relatively-speaking, a higher risk (but potentially also market-beating returns).
IOOF Holdings overview
IOOF Holdings Ltd provides financial advice, portfolio management and administration, and investment management services in Australia. It offers financial planning advice and stockbroking services, such as investment research, training, compliance support, and access to financial products. The company also provides administration and management services through master trust platforms, which offer a single access point to a range of investment products. In addition, it engages in the management and investment of monies on behalf of corporate, superannuation, and institutional clients, as well as private individual investor clients. The company was founded in 1846 and is based in Melbourne, Australia.
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