How to buy Pengana International Equities shares | A$1.23

Pengana International Equities Limited is an asset management business based in Australia. Pengana International Equities shares (PIA) are listed on the Australian Securities Exchange (ASX) and all prices are listed in Australian Dollars. Its last market close was $1.23 – an increase of 4.24% over the previous week. Pengana International Equities has a trailing 12-month revenue of around $40.9 million.

How to buy shares in Pengana International Equities

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 Pengana International Equities . Find the share by name or ticker symbol: PIA. 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 Pengana International Equities 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 $1.23, 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 Pengana International Equities . 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 Pengana International Equities 's share price?

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

Its last market close was $1.23, which is 6.22% down on its pre-crash value of $1.3116 and 70.83% up on the lowest point reached during the March crash when the shares fell as low as $0.72.

If you had bought $1,000 worth of Pengana International Equities shares at the start of February 2020, those shares would have been worth $666.66 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 $1,078.94.

Pengana International Equities share price

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

Pengana International Equities shares at a glance

• Key figures

Information last updated 2020-10-20.

Latest market close	AUDA$1.23
52-week range	AUDA$0.72 - AUDA$1.2354
50-day moving average	AUDA$1.1704
200-day moving average	AUDA$1.0983
Target price	N/A
PE ratio	12.4211
Dividend yield	AUDA$0.05 (4.24%)
Earnings per share (TTM)	AUDA$0.095

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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 Pengana International Equities 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 Pengana International Equities Limited by TradingView

Pengana International Equities price performance over time

Historical closes compared with the close of A$1.23 on 2020-10-22

1 week (2020-10-23)	3.36%
1 month (2020-09-30)	3.80%
3 months (2020-07-30)	15.49%
6 months (2020-04-30)	23.62%

1 year (2019-10-30)	8.85%
2 years (2018-10-30)	14.95%
3 years (2017-10-30)	3.80%
5 years (2015-10-30)	2.07%

Is Pengana International Equities under- or over-valued?

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

Pengana International Equities 's P/E ratio

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

Pengana International Equities financials

Revenue TTM	$40.9 million
Operating margin TTM	85.22%
Gross profit TTM	$40.9 million
Return on assets TTM	6.8%
Return on equity TTM	7.73%
Profit margin	58.97%
Book value	1.246
Market capitalisation	$297.4 million

TTM: trailing 12 months

Pengana International Equities share dividends

Dividend payout ratio: 85% of net profits

Recently Pengana International Equities has paid out, on average, around 85% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 4.24% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Pengana International Equities shareholders could enjoy a 4.24% return on their shares, in the form of dividend payments. In Pengana International Equities 's case, that would currently equate to about A$0.05 per share.

Pengana International Equities '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 7 October 2020 (the "ex-dividend date").

Pengana International Equities share price volatility

Over the last 12 months, Pengana International Equities 's shares have ranged in value from as little as $0.72 up to $1.2354. 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 Pengana International Equities 's is 0.6151. This would suggest that Pengana International Equities 's shares are less volatile than average (for this exchange).

Pengana International Equities overview

Hunter Hall Global Value Limited is a closed-ended equity mutual fund launched and managed by Hunter Hall Investment Management Limited. The fund invests in public equity markets across the globe. It seeks to invest in stocks of companies that are operating across diversified sectors. The fund invests in value stocks of small to medium-cap companies. It benchmarks the performance of its portfolio against the MSCI World Total Return Index, Net Dividends Reinvested. Hunter Hall Global Value Limited was formed on December 22, 2003 and is domiciled in Australia.

Frequently asked questions

• What percentage of Pengana International Equities is owned by insiders or institutions?

  Currently 3.258% of Pengana International Equities shares are held by insiders and 23.161% by institutions.

• When does the fiscal year end for Pengana International Equities ?

  Pengana International Equities 's fiscal year ends in June.

• Where is Pengana International Equities based?

  Pengana International Equities 's address is: 167 Macquarie Street, Sydney, NSW, Australia, 2000