How to buy L1 Long Short Fund (LSF) shares

Learn how to easily invest in L1 Long Short Fund shares.

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L1 Long Short Fund is an asset management business based in Australia. L1 Long Short Fund shares (LSF) are listed on the Australian Securities Exchange (ASX) and all prices are in Australian dollars. L1 Long Short Fund has a trailing 12-month revenue of around $677.1 million. If you're looking to buy shares, check out the steps below.

How to buy shares in L1 Long Short Fund

  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 L1 Long Short Fund . Find the share by name or ticker symbol: LSF. 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 L1 Long Short Fund 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 L1 Long Short Fund . 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.

L1 Long Short Fund stock price (ASX:LSF)

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

L1 Long Short Fund shares at a glance

Information last updated 2022-05-10.
52-week range$2.1847 - $3.04
50-day moving average $2.9034
200-day moving average $2.7831
Target priceN/A
PE ratio 5.2772
Dividend yield $0.07 (2.82%)
Earnings per share (TTM) $0.523

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Is it a good time to buy L1 Long Short Fund 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.

L1 Long Short Fund price performance over time

Historical closes compared with the last close of A$2.78

1 week (2022-05-10) 0.72%
1 month (2022-04-14) -7.02%
3 months (2022-02-17) -4.79%
6 months (2021-11-17) -2.46%
1 year (2021-05-17) 6.78%
2 years (2020-05-15) 152.73%
3 years (2019-05-17) 86.58%

Is L1 Long Short Fund under- or over-valued?

Valuing L1 Long Short Fund stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of L1 Long Short Fund 's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

L1 Long Short Fund 's P/E ratio

L1 Long Short Fund 's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 5x. In other words, L1 Long Short Fund shares trade at around 5x 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.

L1 Long Short Fund financials

Revenue TTM $677.1 million
Operating margin TTM 78.98%
Gross profit TTM $888.8 million
Return on assets TTM 9.13%
Return on equity TTM 20.52%
Profit margin 47.07%
Book value 2.777
Market capitalisation $1.7 billion

TTM: trailing 12 months

L1 Long Short Fund share dividends


Dividend payout ratio: 13.46% of net profits

Recently L1 Long Short Fund has paid out, on average, around 13.46% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 2.82% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), L1 Long Short Fund shareholders could enjoy a 2.82% return on their shares, in the form of dividend payments. In L1 Long Short Fund 's case, that would currently equate to about A$0.07 per share.

While L1 Long Short Fund 's payout ratio might seem low, this can signify that L1 Long Short Fund is investing more in its future growth.

The latest dividend was paid out to all shareholders who bought their shares by 13 March 2022 (the "ex-dividend date").

L1 Long Short Fund share price volatility

Over the last 12 months, L1 Long Short Fund 's shares have ranged in value from as little as $2.1847 up to $3.04. A popular way to gauge a stock's volatility is its "beta".

LSF.AU volatility(beta: 1.5)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 L1 Long Short Fund 's is 1.4986. This would suggest that L1 Long Short Fund 's shares are more volatile than the average for this exchange and represent, relatively speaking, a higher risk (but potentially also market-beating returns).

L1 Long Short Fund overview

L1 Long Short Fund Limited is a equity fund launched and managed by L1 Capital Pty Ltd. The fund investments predominantly in Australian and New Zealand securities. It employs long and short strategy to make its investments. The fund employs bottom up approach to make its investments. It is was formed in September 2014 and is domiciled in Australia.

L1 Long Short Fund 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.

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