How to buy Milton Corporation shares
Own Milton Corporation shares in just a few minutes.
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Milton Corporation Limited is an asset management business based in Australia. Milton Corporation shares (MLT) are listed on the Australian Securities Exchange (ASX) and all prices are in Australian Dollars. Milton Corporation has a trailing 12-month revenue of around $94.9 million. If you're looking to buy shares, check out the steps below.
How to buy shares in Milton Corporation
- 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 Milton Corporation . Find the share by name or ticker symbol: MLT. 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 Milton Corporation 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, 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 Milton Corporation . 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?
- Milton Corporation key stats
- Compare share trading platforms
- Is Milton Corporation stock a buy or sell?
- Milton Corporation performance over time
- Are Milton Corporation shares over-valued?
- Milton Corporation 's financials
- How volatile are Milton Corporation shares?
- Does Milton Corporation pay a dividend?
- Other common questions
Milton Corporation share priceUse our graph to track the performance of MLT stocks over time.
Milton Corporation shares at a glance
|52-week range||$3.9055 - $5.15|
|50-day moving average||$4.9295|
|200-day moving average||$4.8039|
|Dividend yield||$0.142 (2.77%)|
|Earnings per share (TTM)||$0.127|
Compare share trading platforms
We update our data regularly, but information can change between updates. Confirm details with the provider you're interested in before making a decision.
Is it a good time to buy Milton Corporation 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.
Milton Corporation price performance over time
|1 week (2021-06-11)||-3.13%|
|1 month (2021-05-19)||1.43%|
|3 months (2021-03-18)||4.64%|
|6 months (2020-12-18)||3.12%|
|1 year (2020-06-18)||18.66%|
|2 years (2019-06-18)||5.31%|
|3 years (2018-06-18)||9.01%|
|5 years (2016-06-17)||17.81%|
Is Milton Corporation under- or over-valued?
Valuing Milton Corporation stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Milton Corporation 's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
Milton Corporation 's P/E ratio
Milton Corporation 's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 40x. In other words, Milton Corporation shares trade at around 40x 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.
Milton Corporation 's EBITDA
Milton Corporation 's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $90.2 million.
The EBITDA is a measure of a Milton Corporation 's overall financial performance and is widely used to measure a its profitability.
Milton Corporation financials
|Revenue TTM||$94.9 million|
|Operating margin TTM||95.02%|
|Gross profit TTM||$126.8 million|
|Return on assets TTM||1.72%|
|Return on equity TTM||2.98%|
|Market capitalisation||$3.4 billion|
TTM: trailing 12 months
Milton Corporation share dividends
Dividend payout ratio: 61.96% of net profits
Recently Milton Corporation has paid out, on average, around 61.96% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 2.25% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Milton Corporation shareholders could enjoy a 2.25% return on their shares, in the form of dividend payments. In Milton Corporation 's case, that would currently equate to about A$0.142 per share.
Milton Corporation '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 9 February 2021 (the "ex-dividend date").
Milton Corporation share price volatility
Over the last 12 months, Milton Corporation 's shares have ranged in value from as little as $3.9055 up to $5.15. 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 Milton Corporation 's is 0.681. This would suggest that Milton Corporation 's shares are less volatile than average (for this exchange).
Milton Corporation overview
Milton Corporation Limited is a publicly owned investment manager. It invests in the public equity and fixed income markets of Australia. The firm is a long-term investor in companies, trusts, interest bearing securities, real estate, and mortgages. Milton seeks to invest in well-managed companies and trusts with a profitable history and with the expectation of sound dividend growth. Milton Corporation Limited was founded in 1938 and is based in Sydney, Australia.
Frequently asked questions
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