How to buy Shriro Holdings shares | A$0.8

Shriro Holdings Limited is a specialty retail business based in Australia. Shriro Holdings shares (SHM) are listed on the Australian Securities Exchange (ASX) and all prices are listed in Australian Dollars. Its last market close was $0.8 – an increase of 0.63% over the previous week. Shriro Holdings has a trailing 12-month revenue of around $170.7 million.

How to buy shares in Shriro Holdings

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 Shriro Holdings . Find the share by name or ticker symbol: SHM. 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 Shriro Holdings 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 $0.8, 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 Shriro Holdings . 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 Shriro Holdings 's share price?

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

Its last market close was $0.8, which is 8.13% up on its pre-crash value of $0.735 and 105.13% up on the lowest point reached during the March crash when the shares fell as low as $0.39.

If you had bought $1,000 worth of Shriro Holdings shares at the start of February 2020, those shares would have been worth $659.72 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 $1,111.11.

Shriro Holdings share price

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

Shriro Holdings shares at a glance

• Key figures

Information last updated 2020-10-21.

Latest market close	AUDA$0.8
52-week range	AUDA$0.39 - AUDA$0.87
50-day moving average	AUDA$0.7029
200-day moving average	AUDA$0.5511
Target price	AUDA$0.59
PE ratio	9.0341
Dividend yield	AUDA$0.06 (7.36%)
Earnings per share (TTM)	AUDA$0.088

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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 Shriro Holdings 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 Shriro Holdings Limited by TradingView

Shriro Holdings price performance over time

Historical closes compared with the close of A$0.8 on 2020-10-22

1 week (2020-10-19)	-3.03%
1 month (2020-09-25)	18.52%
3 months (2020-07-24)	58.42%
6 months (2020-04-24)	73.91%

1 year (2019-10-25)	23.08%
2 years (2018-10-26)	39.13%
3 years (2017-10-26)	-45.02%
5 years (2015-10-26)	-2.44%

Is Shriro Holdings under- or over-valued?

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

Shriro Holdings 's P/E ratio

Shriro Holdings 's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 9x. In other words, Shriro Holdings shares trade at around 9x 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.

Shriro Holdings 's EBITDA

Shriro Holdings 's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $17.5 million.

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

Shriro Holdings financials

Revenue TTM	$170.7 million
Operating margin TTM	8.53%
Gross profit TTM	$67.3 million
Return on assets TTM	8.86%
Return on equity TTM	16.51%
Profit margin	4.97%
Book value	0.536
Market capitalisation	$76.1 million

TTM: trailing 12 months

Shriro Holdings share dividends

Dividend payout ratio: 66.67% of net profits

Recently Shriro Holdings has paid out, on average, around 66.67% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 7.36% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Shriro Holdings shareholders could enjoy a 7.36% return on their shares, in the form of dividend payments. In Shriro Holdings 's case, that would currently equate to about A$0.06 per share.

Shriro Holdings '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 2 September 2020 (the "ex-dividend date").

Shriro Holdings share price volatility

Over the last 12 months, Shriro Holdings 's shares have ranged in value from as little as $0.39 up to $0.87. 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 Shriro Holdings 's is 1.0899. This would suggest that Shriro Holdings 's shares are a little bit more volatile than the average for this exchange and represent, relatively-speaking, a slightly higher risk (but potentially also market-beating returns).

Shriro Holdings overview

Shriro Holdings Limited, together with its subsidiaries, manufactures and distributes kitchen appliances and consumer products in Australia and New Zealand. It operates through Kitchen Appliances and Consumer Products segments. The Kitchen Appliances segment offers ovens, cooktops, rangehoods, dishwashers, sinks, taps, ironing systems, and laundry tubs, as well as waste disposal and ducting solutions. The Consumer Products segment provides watches, calculators, electronic musical instruments, projectors, point of sale terminals, cameras, gas and charcoal barbeques, heaters, fans, air purifiers/dehumidifiers, and speakers, as well as fashion, car audio, professional DJ, amplifier, and Hi Fi products. The company also offers cash registers, and lighting and cooling products. In addition, it exports barbeques and accessories. The company markets and distributes its products under its own brands, including Omega, Robinhood, Everdure, and Omega Altise; and third party owned brands, such as Casio, Blanco, and Pioneer. Shriro Holdings Limited was incorporated in 2015 and is headquartered in Kingsgrove, Australia.

Frequently asked questions

• What percentage of Shriro Holdings is owned by insiders or institutions?

  Currently 39.375% of Shriro Holdings shares are held by insiders and 19.476% by institutions.

• When does the fiscal year end for Shriro Holdings ?

  Shriro Holdings 's fiscal year ends in December.

• Where is Shriro Holdings based?

  Shriro Holdings 's address is: 104 Vanessa Street, Kingsgrove, NSW, Australia, 2208

• What is Shriro Holdings 's ISIN number?

  Shriro Holdings 's international securities identification number is: AU000000SHM5