How to buy Monash Absolute Investment Company (MA1) shares

Monash Absolute Investment Company Limited 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

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 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.
4. 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. 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, 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 Monash Absolute Investment Company . 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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Monash Absolute Investment Company stock price (ASX:MA1)

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IG Share Trading Finder Award		AUD $8 or 0.1%	$50 per quarter if you make fewer than three trades in that period	ASX shares, Global shares	$0 brokerage for US and global shares plus get an active trader discount of $5 commission on Australian shares. Enjoy some of the lowest brokerage fees on the market when trading Australian shares, international shares, plus get access to 24-hour customer support.	Go to site More Info	Compare	loading Fetching your data...
Superhero share trading		AUD $5	No	ASX shares, US shares, ETFs	Australia’s lowest-cost broker for ASX shares and ETFs. Pay zero brokerage on US stocks and all ETFs and just $5 (flat fee) to trade Australian shares from your mobile or desktop.	Go to site More Info	Compare	loading Fetching your data...
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Bell Direct Share Trading Finder Award		AUD $15	No	ASX shares, mFunds, ETFs	Bell Direct offers a one-second placement guarantee on market-to-limit ASX orders or your trade is free, plus enjoy extensive free research reports from top financial experts.	Go to site More Info	Compare	loading Fetching your data...
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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. 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.

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 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 5 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 $0.8741 up to $1.3517. 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 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.

Frequently asked questions

• What percentage of Monash Absolute Investment Company is owned by insiders or institutions?

  Currently 17.018% of Monash Absolute Investment Company shares are held by insiders and 31.218% by institutions.

• When does the fiscal year end for Monash Absolute Investment Company ?

  Monash Absolute Investment Company 's fiscal year ends in June.

• Where is Monash Absolute Investment Company based?

  Monash Absolute Investment Company 's address is: Level 5, Sydney, NSW, Australia, 2000

• What is Monash Absolute Investment Company 's ISIN number?

  Monash Absolute Investment Company 's international securities identification number is: AU000000MA12