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Monash Absolute Investment Company is an asset management business based in Australia. Monash Absolute Investment Company shares (MA1) are listed on the Australian Securities Exchange (ASX) and all prices are in Australian dollars. Monash Absolute Investment Company has a trailing 12-month revenue of around $20.8 million. If you're looking to buy shares, check out the steps below.
How to buy shares in Monash Absolute Investment Company
- 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.
- 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.
- Search for Monash Absolute Investment Company . Find the share by name or ticker symbol: MA1. 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 Monash Absolute Investment Company reaches your desired price. Look into dollar-cost averaging to spread out your risk, 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 on your investment. Congratulations, you own a part of Monash Absolute Investment Company . 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.
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What's in this guide?
- Monash Absolute Investment Company key stats
- Compare share trading platforms
- Is Monash Absolute Investment Company stock a buy or sell?
- Monash Absolute Investment Company performance over time
- Are Monash Absolute Investment Company shares over-valued?
- Monash Absolute Investment Company 's financials
- How volatile are Monash Absolute Investment Company shares?
- Does Monash Absolute Investment Company pay a dividend?
- Other common questions
Monash Absolute Investment Company stock price (ASX:MA1)
Use our graph to track the performance of MA1 stocks over time.Monash Absolute Investment Company shares at a glance
Information last updated 2021-07-28.
| 52-week range | $1.19 - $1.19 |
|---|---|
| 50-day moving average | $1.19 |
| 200-day moving average | $1.285 |
| Target price | N/A |
| PE ratio | 4.9791 |
| Dividend yield | $0.14 (11.76%) |
| Earnings per share (TTM) | $0.239 |
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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.
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Is it a good time to buy Monash Absolute Investment Company 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.
Monash Absolute Investment Company price performance over time
Historical closes compared with the last close of A$1.19
| 1 year (2021-07-06) | 1.19 |
|---|---|
| 2 years (2020-07-06) | 15.53% |
| 3 years (2019-07-05) | 38.37% |
| 5 years (2017-07-06) | 49.69% |
Is Monash Absolute Investment Company under- or over-valued?
Valuing Monash Absolute Investment Company stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Monash Absolute Investment Company 's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
Monash Absolute Investment Company 's P/E ratio
Monash Absolute Investment Company '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, Monash Absolute Investment Company 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.
Monash Absolute Investment Company financials
| Revenue TTM | $20.8 million |
|---|---|
| Operating margin TTM | 73.05% |
| Gross profit TTM | $5.4 million |
| Return on assets TTM | 14.92% |
| Return on equity TTM | 19.65% |
| Profit margin | 51.22% |
| Book value | 1.329 |
| Market capitalisation | $53.8 million |
TTM: trailing 12 months
Monash Absolute Investment Company share dividends
Dividend payout ratio: 58.33% of net profits
Recently Monash Absolute Investment Company has paid out, on average, around 58.33% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 11.76% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Monash Absolute Investment Company shareholders could enjoy a 11.76% return on their shares, in the form of dividend payments. In Monash Absolute Investment Company 's case, that would currently equate to about A$0.14 per share.
Monash Absolute Investment Company '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 April 2021 (the "ex-dividend date").
Monash Absolute Investment Company share price volatility
Over the last 12 months, Monash Absolute Investment Company 's shares have ranged in value from as little as $1.19 up to $1.19. A popular way to gauge a stock's volatility is its "beta".
Beta measures a share's volatility in relation to the market. The market (AU average) beta is 1, while Monash Absolute Investment Company 's is 0.7175. This would suggest that Monash Absolute Investment Company 's shares are less volatile than average (for this exchange).
Monash Absolute Investment Company overview
Monash Absolute Investment Company Limited is a listed investment company launched and managed by Monash Investors Pty Limited. It invests in public equity markets across Australia. It invests in the growth and value stocks of small-cap companies. Monash Absolute Investment Company Limited is domiciled in Australia.
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Monash Absolute Investment Company in the 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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