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How to buy Laserbond shares | A$0.7

Own Laserbond shares in just a few minutes.

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LaserBond Limited is a tools & accessories business based in Australia. Laserbond shares (LBL) are listed on the Australian Securities Exchange (ASX) and all prices are listed in Australian Dollars. Its last market close was $0.7 – a decrease of 0.71% over the previous week. Laserbond has a trailing 12-month revenue of around $22.2 million.

How to buy shares in Laserbond

  1. 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.
  2. 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.
  3. Search for Laserbond . Find the share by name or ticker symbol: LBL. 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 Laserbond reaches your desired price. To spread out your risk, look into dollar-cost averaging, which smooths out buying at consistent intervals and amounts.
  5. Decide on how many to buy. At today's price of $0.7, weigh your budget against a diversified portfolio that can minimise risk through the market's ups and downs.
  6. Check in on your investment. Congratulations, you own a part of Laserbond . 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.

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For our Top Picks, we compared our Finder partners using a proprietary algorithm in August 2020. Keep in mind that our top picks may not always be the best for you, and you're encouraged to compare for yourself to find one that works for you. Read our full methodology here to find out more.

How has coronavirus impacted Laserbond 's share price?

Since the stock market crash in March caused by coronavirus, Laserbond 's share price has had significant positive movement.

Its last market close was $0.7, which is 20.00% up on its pre-crash value of $0.56 and 211.11% up on the lowest point reached during the March crash when the shares fell as low as $0.225.

If you had bought $1,000 worth of Laserbond shares at the start of February 2020, those shares would have been worth $354.61 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 $992.91.

Laserbond share price

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

Laserbond shares at a glance

Information last updated 2020-10-20.
Latest market closeAUDA$0.7
52-week rangeAUDA$0.225 - AUDA$0.82
50-day moving average AUDA$0.5857
200-day moving average AUDA$0.4776
Target priceN/A
PE ratio 23.9796
Dividend yield AUDA$0.01 (1.6%)
Earnings per share (TTM) AUDA$0.029

Share Trading Account Offer

IG Share Trading Offer

AUD 8

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
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Important: Share trading carries risk of capital loss.

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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.
Data indicated here is updated regularly
Name Product Standard brokerage fee Inactivity fee Markets
IG Share Trading
Finder Award
IG Share Trading
AUD 8 or 0.1%
AUD 50 per quarter if you make fewer than three trades in that period
ASX shares, Global shares, Forex, CFDs, Margin trading
Brokerage discount: $5 on Australian shares for active traders & $0 commission on US and global shares
Enjoy some of the lowest brokerage fees on the market when trading Australian shares, international shares, forex and CFDs, plus get access to 24-hour customer support.
Superhero share trading
AUD 5
No
ASX shares
Pay zero brokerage on all Australian ETFs.
Trade ASX stocks with a flat $5 commission fee and a low minimum investment of just $100.
CMC Markets Stockbroking
AUD 11 or 0.1%
No
ASX shares, Global shares, Forex, CFDs, Margin trading, Options trading, mFunds
$0 brokerage on global shares including US, UK and Japan markets.
Trade up to 9,000 products, including shares, managed funds, forex, commodities and cryptocurrencies, plus access up to 15 major global and Australian stock exchanges.
ANZ Share Investing
AUD 19.95
No
ASX shares, Global shares, Margin trading, Options trading
Earn 1 Qantas Point per AU$3 spent on brokerage fees on certain instruments.
Access Morningstar reports, company announcements and and live pricing via ANZ’s share investing platform. Available for desktop and mobile.
Westpac Online Investing Account
AUD 19.95 or 0.11%
AUD 63.50 per year on the global markets account
ASX shares, Global shares, Options trading, US shares
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Is it a good time to buy Laserbond 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.

Laserbond price performance over time

Historical closes compared with the close of A$0.7 on 2020-10-22

1 week (2020-10-16) -0.71%
1 month (2020-09-24) 16.67%
3 months (2020-07-24) 52.17%
6 months (2020-04-24) 64.71%
1 year (2019-10-24) -12.50%
2 years (2018-10-24) 191.67%
3 years (2017-10-24) 337.50%
5 years (2015-10-23) 483.33%

Is Laserbond under- or over-valued?

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

Laserbond 's P/E ratio

Laserbond 's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 24x. In other words, Laserbond shares trade at around 24x 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.

Laserbond 's EBITDA

Laserbond 's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $4.8 million.

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

Laserbond financials

Revenue TTM $22.2 million
Operating margin TTM 15.97%
Gross profit TTM $11.3 million
Return on assets TTM 11.07%
Return on equity TTM 25.16%
Profit margin 12.65%
Book value 0.128
Market capitalisation $72 million

TTM: trailing 12 months

Laserbond share dividends

37%

Dividend payout ratio: 36.67% of net profits

Recently Laserbond has paid out, on average, around 36.67% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 1.6% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Laserbond shareholders could enjoy a 1.6% return on their shares, in the form of dividend payments. In Laserbond 's case, that would currently equate to about A$0.01 per share.

While Laserbond 's payout ratio might seem fairly standard, it's worth remembering that Laserbond 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 9 September 2020 (the "ex-dividend date").

Laserbond share price volatility

Over the last 12 months, Laserbond 's shares have ranged in value from as little as $0.225 up to $0.82. A popular way to gauge a stock's volatility is its "beta".

LBL.AU volatility(beta: 0.57)Avg. volatility(beta: 1.00)LowHigh

Beta is a measure of a share's volatility in relation to the market. The market (AU average) beta is 1, while Laserbond 's is 0.5653. This would suggest that Laserbond 's shares are less volatile than average (for this exchange).

Laserbond overview

LaserBond Limited, a surface engineering company, engages in the development and application of materials, technologies, and methodologies to enhance operating performance and wear life of capital-intensive machinery components. The company provides drilling tools; and laser cladding, thermal spray, welding, machining, heat treatment, metallurgy laboratory, surface coating, and remanufacturing services. It also licenses its surface engineering technologies. The company serves mining, drilling, mineral processing, power generation, transport and marine, plant and machinery, manufacturing, fluid handling, and agriculture sectors. LaserBond Limited was founded in 1992 and is headquartered in Sydney, Australia.

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