How to buy McGrath shares | A$0.27

McGrath Limited is a real estate services business based in Australia. McGrath shares (MEA) are listed on the Australian Securities Exchange (ASX) and all prices are listed in Australian Dollars. Its last market close was $0.27 – an increase of 8% over the previous week. McGrath has a trailing 12-month revenue of around $91.6 million.

How to buy shares in McGrath

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 McGrath . Find the share by name or ticker symbol: MEA. 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 McGrath 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 $0.27, 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 McGrath . 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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How has coronavirus impacted McGrath 's share price?

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

Its last market close was $0.27, which is 11.48% down on its pre-crash value of $0.305 and 68.75% up on the lowest point reached during the March crash when the shares fell as low as $0.16.

If you had bought $1,000 worth of McGrath shares at the start of February 2020, those shares would have been worth $524.59 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 $885.25.

McGrath share price

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

McGrath shares at a glance

• Key figures

Information last updated 2020-10-15.

Latest market close	AUDA$0.27
52-week range	AUDA$0.16 - AUDA$0.38
50-day moving average	AUDA$0.259
200-day moving average	AUDA$0.2089
Target price	AUDA$0.32
PE ratio	63.4146
Dividend yield	N/A (0%)
Earnings per share (TTM)	AUDA$0.004

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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.

Is it a good time to buy McGrath 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.

Technical Analysis of McGrath Limited by TradingView

McGrath price performance over time

Historical closes compared with the close of A$0.27 on 2020-10-19

1 week (2020-10-13)	8.00%
1 month (2020-09-18)	10.20%
3 months (2020-07-20)	45.95%
6 months (2020-04-20)	28.57%

1 year (2019-10-18)	28.57%
2 years (2018-10-19)	-18.18%
3 years (2017-10-20)	-53.45%
5 years (2015-10-16)	N/A

Is McGrath under- or over-valued?

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

McGrath 's P/E ratio

McGrath 's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 63x. In other words, McGrath shares trade at around 63x recent earnings.

That's relatively high compared to, say, the P/E ratio for the ASX over the 12 months to December 2019 (32.14). The high P/E ratio could mean that investors are optimistic about the outlook for the shares or simply that they're over-valued.

McGrath 's EBITDA

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

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

McGrath financials

Revenue TTM	$91.6 million
Operating margin TTM	1.53%
Gross profit TTM	$53.8 million
Return on assets TTM	1.35%
Return on equity TTM	2.36%
Profit margin	0.79%
Book value	0.181
Market capitalisation	$39.2 million

TTM: trailing 12 months

McGrath share dividends

We're not expecting McGrath to pay a dividend over the next 12 months.

McGrath share price volatility

Over the last 12 months, McGrath 's shares have ranged in value from as little as $0.16 up to $0.38. 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 McGrath 's is 0.9106. This would suggest that McGrath 's shares are less volatile than average (for this exchange).

McGrath overview

McGrath Limited operates as an integrated residential real estate services company in Australia. It operates through Company Owned Sales, Company Owned Property Management, Franchise Services, and Other Services segments. The company provides residential property sales, property management, mortgage broking, auction, and real estate training and conferences, as well as manages franchise offices. As of June 30, 2020, it operated 30 owned offices and 67 franchise offices. The company was founded in 1988 and is headquartered in Pyrmont, Australia.

Frequently asked questions

• What percentage of McGrath is owned by insiders or institutions?

  Currently 44.408% of McGrath shares are held by insiders and 25.141% by institutions.

• When does the fiscal year end for McGrath ?

  McGrath 's fiscal year ends in June.

• Where is McGrath based?

  McGrath 's address is: 55 Pyrmont Street, Pyrmont, NSW, Australia, 2009

• What is McGrath 's ISIN number?

  McGrath 's international securities identification number is: AU000000MEA0