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How to buy SILK Laser (SLA) shares in Australia

Learn how to easily invest in SILK Laser shares.

SILK Laser is a medical care facilities business based in Australia. SILK Laser shares (SLA) are listed on the Australian Securities Exchange (ASX) and all prices are in Australian dollars. SILK Laser has a trailing 12-month revenue of around $97.6 million. If you're looking to buy shares, check out the steps below.

How to buy shares in SILK Laser

  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 SILK Laser. Find the share by name or ticker symbol: SLA. 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 SILK Laser 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 SILK Laser. 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.

SILK Laser stock price (ASX:SLA)

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

SILK Laser shares at a glance

Information last updated 2023-12-05.
52-week range$1.582 - $3.4524
50-day moving average $3.3202
200-day moving average $2.9789
Target price$2.82
PE ratio 23.8571
Dividend yield $0 (0%)
Earnings per share (TTM) $0.14

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Is it a good time to buy SILK Laser 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.

SILK Laser price performance over time

Historical closes compared with the last close of A$3.34

1 week (2023-11-30) 3.34
1 month (2023-11-10) 0.30%
3 months (2023-09-11) 1.52%
6 months (2023-06-09) 12.84%
1 year (2022-12-09) 80.54%
2 years (2021-12-10) -24.09%

Is SILK Laser under- or over-valued?

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

SILK Laser's P/E ratio

SILK Laser's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 24x. In other words, SILK Laser shares trade at around 24x 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.

SILK Laser's EBITDA

SILK Laser's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $17.1 million (£9 million).

The EBITDA is a measure of a SILK Laser's overall financial performance and is widely used to measure stock profitability.

SILK Laser financials

Revenue TTM $97.6 million
Operating margin TTM 9.14%
Gross profit TTM $40 million
Return on assets TTM 4.12%
Return on equity TTM 7.63%
Profit margin 7.41%
Book value 1.824
Market capitalisation $177.4 million

TTM: trailing 12 months

SILK Laser share dividends

Dividend payout ratio: 129.67% of net profits

Recently SILK Laser has paid out, on average, around 129.67% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 0% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), SILK Laser shareholders could enjoy a 0% return on their shares, in the form of dividend payments. In SILK Laser's case, that would currently equate to about A$0 per share.

SILK Laser'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 20 November 2023 (the "ex-dividend date").

Have SILK Laser's shares ever split?

SILK Laser's shares were split on a 1:4 basis on 15 January 2003. So if you had owned 4 shares the day before the split, the next day you would own 1 share. This wouldn't directly have changed the overall worth of your SILK Laser shares – just the quantity. However, indirectly, the new 300% higher share price could have impacted the market appetite for SILK Laser shares which in turn could have impacted SILK Laser's share price.

SILK Laser share price volatility

Over the last 12 months, SILK Laser's shares have ranged in value from as little as $1.582 up to $3.4524. A popular way to gauge a stock's volatility is its "beta".

SLA.AU volatility(beta: 0.97)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 SILK Laser's is 0.968. This would suggest that SILK Laser's shares are less volatile than average (for this exchange).

SILK Laser overview

SILK Laser Australia Limited operates and franchises a network of clinics that offer non-surgical aesthetic services in Australia and New Zealand. Its services include laser hair removal, cosmetic injections, skin treatments, body contouring treatments, and non-invasive cosmetic injections. The company also engages in the retail sale of skincare and other complementary products. It operates through corporate clinics, joint venture clinics, and franchised clinics. The company was formerly known as SILK Laser & Skin Holdings Pty Ltd. SILK Laser Australia Limited was founded in 2009 and is headquartered in Norwood, Australia.

SILK Laser in the news

There are no recent company news

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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