How to buy OptiComm shares | A$6.7

OptiComm Ltd is a telecom services business based in Australia. OptiComm shares (OPC) are listed on the Australian Securities Exchange (ASX) and all prices are listed in Australian Dollars. Its last market close was $6.7 – the same closing value as a week prior. OptiComm has a trailing 12-month revenue of around $73 million.

How to buy shares in OptiComm

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 OptiComm . Find the share by name or ticker symbol: OPC. 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 OptiComm 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 $6.7, 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 OptiComm . 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.

🧪How we chose these brokers

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 OptiComm 's share price?

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

Its last market close was $6.7, which is 31.34% up on its pre-crash value of $4.6 and 123.33% up on the lowest point reached during the March crash when the shares fell as low as $3.

If you had bought $1,000 worth of OptiComm shares at the start of February 2020, those shares would have been worth $923.07 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 $1,777.18.

OptiComm share price

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

OptiComm shares at a glance

• Key figures

Information last updated 2020-10-20.

Latest market close	AUDA$6.7
52-week range	AUDA$3.56 - AUDA$6.78
50-day moving average	AUDA$5.9193
200-day moving average	AUDA$5.1951
Target price	N/A
PE ratio	31.7143
Dividend yield	AUDA$0.07 (1.07%)
Earnings per share (TTM)	AUDA$0.209

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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.

Is it a good time to buy OptiComm 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 OptiComm Ltd by TradingView

OptiComm price performance over time

Historical closes compared with the close of A$6.7 on 2020-10-22

1 week (2020-10-22)	0%
1 month (2020-09-29)	12.04%
3 months (2020-07-29)	26.42%
6 months (2020-04-29)	52.62%

1 year (2019-10-29)	75.85%
2 years (2018-10-25)	N/A
3 years (2017-10-25)	N/A
5 years (2015-10-25)	N/A

Is OptiComm under- or over-valued?

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

OptiComm 's P/E ratio

OptiComm 's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 32x. In other words, OptiComm shares trade at around 32x recent earnings.

That's comparable to, say, the P/E ratio for the ASX over the 12 months to December 2019 (32.14).

OptiComm 's EBITDA

OptiComm 's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $37 million.

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

OptiComm financials

Revenue TTM	$73 million
Operating margin TTM	42.72%
Gross profit TTM	$57.6 million
Return on assets TTM	16.6%
Return on equity TTM	29.29%
Profit margin	29.42%
Book value	0.838
Market capitalisation	$702.5 million

TTM: trailing 12 months

OptiComm share dividends

Dividend payout ratio: 64.76% of net profits

Recently OptiComm has paid out, on average, around 64.76% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 1.07% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), OptiComm shareholders could enjoy a 1.07% return on their shares, in the form of dividend payments. In OptiComm 's case, that would currently equate to about A$0.07 per share.

OptiComm '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 25 October 2020 (the "ex-dividend date").

OptiComm overview

OptiComm Ltd, a licensed carrier and wholesale network infrastructure operator, designs, constructs, operates, and maintains fibre-to-the-premises (FTTP) network solutions in Australia. The company operates in two segments, Network Operations and Construction. It undertakes construction of FTTP telecommunications networks for residential apartment buildings, and broad acre estates and commercial premises. The company offers its services to retail services providers, developers, and other customers. It also provides other ancillary value added services, such as integrated building administration support networks for building operations and other building services to hotels and apartments, shopping centers, and other commercial complexes. The company was founded in 2005 and is based in Port Melbourne, Australia.

Frequently asked questions

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

  Currently 69.643% of OptiComm shares are held by insiders and 0.009% by institutions.

• When does the fiscal year end for OptiComm ?

  OptiComm 's fiscal year ends in June.

• Where is OptiComm based?

  OptiComm 's address is: 22 Salmon Street, Port Melbourne, VIC, Australia, 3207