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How to buy Plato Income Maximiser shares | A$1.085

Own Plato Income Maximiser shares in just a few minutes.

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Plato Income Maximiser Limited 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 listed in Australian Dollars. Its last market close was $1.085 – a decrease of 0.46% over the previous week. Plato Income Maximiser has a trailing 12-month revenue of around $25.8 million.

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 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 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. 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 $1.085, 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 Plato Income Maximiser . 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 Plato Income Maximiser 's share price?

Since the stock market crash in March caused by coronavirus, Plato Income Maximiser 's share price has had significant negative movement.

Its last market close was $1.085, which is 8.44% down on its pre-crash value of $1.185 and 37.34% up on the lowest point reached during the March crash when the shares fell as low as $0.79.

If you had bought $1,000 worth of Plato Income Maximiser shares at the start of February 2020, those shares would have been worth $677.97 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 $919.49.

Plato Income Maximiser share price

Use our graph to track the performance of PL8 stocks over time.

Plato Income Maximiser shares at a glance

Information last updated 2020-10-20.
Latest market closeAUDA$1.085
52-week rangeAUDA$0.79 - AUDA$1.2
50-day moving average AUDA$1.0579
200-day moving average AUDA$1.0006
Target priceN/A
PE ratio 20.566
Dividend yield AUDA$0.05 (4.4%)
Earnings per share (TTM) AUDA$0.053

Share Trading Account Offer

IG Share Trading Offer

AUD 8

Standard brokerage - Australian shares

Share Trading Account Offer

Competitive broker fees on Australian and international shares

  • Brokerage - AU shares: From AUD 5 or 0.05%
  • Brokerage - US shares: USD 0
  • Sign-up process: Instant
  • Support - After hours: Yes
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Important: Share trading carries risk of capital loss.

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Compare share trading platforms

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.
Data indicated here is updated regularly
Name Product Standard brokerage fee Inactivity fee Markets
IG Share Trading
Finder Award
IG Share Trading
AUD 8 or 0.1%
AUD 50 per quarter if you make fewer than three trades in that period
ASX shares, Global shares, Forex, CFDs, Margin trading
Brokerage discount: $5 on Australian shares for active traders & $0 commission on US and global shares
Enjoy some of the lowest brokerage fees on the market when trading Australian shares, international shares, forex and CFDs, plus get access to 24-hour customer support.
Superhero share trading
AUD 5
No
ASX shares
Pay zero brokerage on all Australian ETFs.
Trade ASX stocks with a flat $5 commission fee and a low minimum investment of just $100.
CMC Markets Stockbroking
AUD 11 or 0.1%
No
ASX shares, Global shares, Forex, CFDs, Margin trading, Options trading, mFunds
$0 brokerage on global shares including US, UK and Japan markets.
Trade up to 9,000 products, including shares, managed funds, forex, commodities and cryptocurrencies, plus access up to 15 major global and Australian stock exchanges.
SelfWealth Share Trading (Basic account)
AUD 9.5
AUD 0
ASX shares
Trade ASX-listed shares for a flat fee of $9.50, regardless of the trade size.
New customers receive free access to Community Insights with SelfWealth Premium for the first 90 days. Follow other investors and benchmark your portfolio performance.
ANZ Share Investing
AUD 19.95
No
ASX shares, Global shares, Margin trading, Options trading
Earn 1 Qantas Point per AU$3 spent on brokerage fees on certain instruments.
Access Morningstar reports, company announcements and and live pricing via ANZ’s share investing platform. Available for desktop and mobile.
Westpac Online Investing Account
AUD 19.95 or 0.11%
AUD 63.50 per year on the global markets account
ASX shares, Global shares, Options trading, US shares
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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. 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.

Plato Income Maximiser price performance over time

Historical closes compared with the close of A$1.085 on 2020-10-22

1 week (2020-10-22) 0%
1 month (2020-09-29) 1.88%
3 months (2020-07-29) 8.50%
6 months (2020-04-29) 14.81%
1 year (2019-10-29) -7.66%
2 years (2018-10-29) 10.71%
3 years (2017-10-27) -0.91%
5 years (2015-10-25) N/A

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 21x. In other words, Plato Income Maximiser shares trade at around 21x 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 $25.8 million
Operating margin TTM 85.36%
Gross profit TTM $25.8 million
Return on assets TTM 3.6%
Return on equity TTM 5.61%
Profit margin 83.04%
Book value 1.009
Market capitalisation $464.8 million

TTM: trailing 12 months

Plato Income Maximiser share dividends

27%

Dividend payout ratio: 26.67% of net profits

Recently Plato Income Maximiser has paid out, on average, around 26.67% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 4.4% 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 4.4% return on their shares, in the form of dividend payments. In Plato Income Maximiser 's case, that would currently equate to about A$0.05 per share.

While Plato Income Maximiser 's payout ratio might seem fairly standard, it's worth remembering that Plato Income Maximiser may be investing much of the rest of its net profits in future growth.

The latest dividend was paid out to all shareholders who bought their shares by 12 November 2020 (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 $0.79 up to $1.2. A popular way to gauge a stock's volatility is its "beta".

PL8.AU volatility(beta: 0.99)Avg. volatility(beta: 1.00)LowHigh

Beta is a measure of a share's volatility in relation to the market. The market (AU average) beta is 1, while Plato Income Maximiser 's is 0.9923. 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.

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