How to buy Plato Income Maximiser (PL8) shares
Learn how to easily invest in Plato Income Maximiser shares.
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Plato Income Maximiser is an asset management business based in Australia. Plato Income Maximiser shares (PL8) are listed on the Australian Securities Exchange (ASX) and all prices are in Australian dollars. Plato Income Maximiser has a trailing 12-month revenue of around $63.3 million. If you're looking to buy shares, check out the steps below.
How to buy shares in Plato Income Maximiser
- 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 Plato Income Maximiser . Find the share by name or ticker symbol: PL8. 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 Plato Income Maximiser 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 Plato Income Maximiser . 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.
What's in this guide?
- Plato Income Maximiser key stats
- Compare share trading platforms
- Is Plato Income Maximiser stock a buy or sell?
- Plato Income Maximiser performance over time
- Are Plato Income Maximiser shares over-valued?
- Plato Income Maximiser 's financials
- How volatile are Plato Income Maximiser shares?
- Does Plato Income Maximiser pay a dividend?
- Other common questions
Plato Income Maximiser stock price (ASX:PL8)Use our graph to track the performance of PL8 stocks over time.
Plato Income Maximiser shares at a glance
|52-week range||$1.1061 - $1.3131|
|50-day moving average||$1.2447|
|200-day moving average||$1.2203|
|Dividend yield||$0.052 (5.71%)|
|Earnings per share (TTM)||$0.117|
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 Plato Income Maximiser 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.
Plato Income Maximiser price performance over time
|1 week (2022-06-20)||4.39%|
|1 month (2022-05-27)||-5.93%|
|3 months (2022-03-25)||-2.06%|
|6 months (2021-12-24)||1.19|
|1 year (2021-06-25)||-6.67%|
|2 years (2020-06-26)||18.76%|
|3 years (2019-06-27)||3.48%|
|5 years (2017-06-27)||9.68%|
Is Plato Income Maximiser under- or over-valued?
Valuing Plato Income Maximiser stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Plato Income Maximiser 's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
Plato Income Maximiser 's P/E ratio
Plato Income Maximiser 's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 10x. In other words, Plato Income Maximiser shares trade at around 10x 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.
Plato Income Maximiser financials
|Revenue TTM||$63.3 million|
|Operating margin TTM||93.02%|
|Gross profit TTM||$99.6 million|
|Return on assets TTM||6.77%|
|Return on equity TTM||9.52%|
|Market capitalisation||$659.9 million|
TTM: trailing 12 months
Plato Income Maximiser share dividends
Dividend payout ratio: 12.65% of net profits
Recently Plato Income Maximiser has paid out, on average, around 12.65% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 5.71% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Plato Income Maximiser shareholders could enjoy a 5.71% return on their shares, in the form of dividend payments. In Plato Income Maximiser 's case, that would currently equate to about A$0.052 per share.
While Plato Income Maximiser 's payout ratio might seem low, this can signify that Plato Income Maximiser is investing more in its future growth.
The latest dividend was paid out to all shareholders who bought their shares by 15 June 2022 (the "ex-dividend date").
Plato Income Maximiser share price volatility
Over the last 12 months, Plato Income Maximiser 's shares have ranged in value from as little as $1.1061 up to $1.3131. 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 Plato Income Maximiser 's is 0.7082. This would suggest that Plato Income Maximiser 's shares are less volatile than average (for this exchange).
Plato Income Maximiser overview
Plato Income Maximiser Limited is a privately owned investment manager. The firm provides its services to SMSF and pension-phase investors. It invests in public equity markets of Australia. The firm invests in diversified portfolio of Australian shares with an income focus. Plato Income Maximiser Limited was founded on April 21, 2017 and is based in New South Wales, Australia.
Stocks similar to Plato Income Maximiser
Plato Income Maximiser in the news
Is It Smart To Buy Plato Income Maximiser Limited (ASX:PL8) Before It Goes Ex-Dividend?
Plato Income Maximiser (ASX:PL8) Has Announced A Dividend Of AU$0.0055
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