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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

  1. 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.
  2. 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.
  3. 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.
  4. 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.
  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 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.

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

Information last updated 2022-06-21.
52-week range$1.1061 - $1.3131
50-day moving average $1.2447
200-day moving average $1.2203
Target priceN/A
PE ratio 10.1709
Dividend yield $0.052 (5.71%)
Earnings per share (TTM) $0.117

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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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Trade up to 35,000 products, including shares, ETFs and managed funds, plus access up to 15 major global and Australian stock exchanges. Plus, buy Aussie shares for $0 brokerage up to $1,000. (Limited to one buy order per stock per trading day).
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Gain access to 12 markets from one account with Bendigo.
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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

Historical closes compared with the last close of A$1.19

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%
Profit margin 81.64%
Book value 1.13
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".

PL8.AU volatility(beta: 0.71)Avg. volatility(beta: 1.00)LowHigh

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.

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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