How to buy Spark Infrastructure shares | SKI historical share price and analysis
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How to buy Spark Infrastructure shares

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Spark Infrastructure Group is an utilities-regulated electric business based in Australia. Spark Infrastructure shares (SKI) are listed on the Australian Securities Exchange (ASX) and all prices are listed in Australian Dollars. Spark Infrastructure has a trailing 12-month revenue of around $272.9 million.

How to buy shares in Spark Infrastructure

  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 Spark Infrastructure. Find the share by name or ticker symbol: SKI. 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 Spark Infrastructure 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, 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 Spark Infrastructure. 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.

What's in this guide?

  1. Spark Infrastructure key stats
  2. Compare share trading platforms
  3. Is Spark Infrastructure stock a buy or sell?
  4. Spark Infrastructure performance over time
  5. Are Spark Infrastructure shares over-valued?
  6. Spark Infrastructure's financials
  7. How volatile are Spark Infrastructure shares?
  8. Does Spark Infrastructure pay a dividend?
  9. Other common questions

Spark Infrastructure share price

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

Spark Infrastructure shares at a glance

Information last updated 2021-03-26.
52-week range$1.7221 - $2.25
50-day moving average $2.1068
200-day moving average $2.1133
Target price$2.41
PE ratio 36.2295
Dividend yield $0.135 (6.19%)
Earnings per share (TTM) $0.061

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 updated regularly
Name Product Standard brokerage fee Inactivity fee Markets
Superhero share trading
Superhero share trading
AUD $5
No
ASX shares, ETFs
Pay zero brokerage on all Australian ETFs.
Trade ASX stocks with a flat $5 commission fee and a low minimum investment of just $100.
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Bell Direct Share Trading
Finder Award
Bell Direct Share Trading
AUD $15
No
ASX shares, mFunds, ETFs
Exclusive: New customers who open an account with Bell Direct through Finder will pay no brokerage fees on the first five stock or ETF trades until April 30, 2021 (T&Cs apply).
Bell Direct offers a one-second placement guarantee on market-to-limit ASX orders or your trade is free, plus enjoy extensive free research reports from top financial experts.
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More Info
IG Share Trading
Finder Award
IG Share Trading
AUD $8 or 0.1%
$50 per quarter if you make fewer than three trades in that period
ASX shares, Global shares
$0 brokerage for US and global shares plus get an active trader discount of $5 commission on Australian shares.
Enjoy some of the lowest brokerage fees on the market when trading Australian shares, international shares, plus get access to 24-hour customer support.
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More Info
CMC Markets Stockbroking
Finder Award
CMC Markets Stockbroking
AUD $11 or 0.1%
No
ASX shares, Global shares, mFunds, ETFs
$0 brokerage on global shares including US, UK and Japan markets.
Trade up to 9,000 products, including shares, ETFs and managed funds, plus access up to 15 major global and Australian stock exchanges.
Go to site
More Info
ANZ Share Investing
ANZ Share Investing
AUD 19.95
No
ASX shares, Global shares, Options trading, mFunds, ETFs, Warrants
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.
More Info
Westpac Online Investing Account
Westpac Online Investing Account
AUD 19.95 or 0.11%
USD 63.50 per year on the global markets account
ASX shares, Global shares, Options trading, ETFs
More Info
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Is it a good time to buy Spark Infrastructure 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 Spark Infrastructure Group by TradingView

Is Spark Infrastructure under- or over-valued?

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

Spark Infrastructure's P/E ratio

Spark Infrastructure's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 36x. In other words, Spark Infrastructure shares trade at around 36x recent earnings.

That's relatively high compared to, say, the P/E ratio for the ASX over the 12 months to December 2019 (32.14). The high P/E ratio could mean that investors are optimistic about the outlook for the shares or simply that they're over-valued.

Spark Infrastructure's PEG ratio

Spark Infrastructure's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 3.35. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.

The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into Spark Infrastructure's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.

Spark Infrastructure's EBITDA

Spark Infrastructure's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $256.9 million (£0.0 million).

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

Spark Infrastructure financials

Revenue TTM $272.9 million
Operating margin TTM 93.08%
Gross profit TTM $280.7 million
Return on assets TTM 5.18%
Return on equity TTM 6.49%
Profit margin 38.48%
Book value 0.918
Market capitalisation $7.8 billion

TTM: trailing 12 months

Spark Infrastructure share dividends

Dividend payout ratio: 225% of net profits

Recently Spark Infrastructure has paid out, on average, around 225% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 5.88% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Spark Infrastructure shareholders could enjoy a 5.88% return on their shares, in the form of dividend payments. In Spark Infrastructure's case, that would currently equate to about A$0.135 per share.

Spark Infrastructure'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 29 December 2020 (the "ex-dividend date").

Spark Infrastructure share price volatility

Over the last 12 months, Spark Infrastructure's shares have ranged in value from as little as $1.7221 up to $2.25. 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 Spark Infrastructure's is 0.2063. This would suggest that Spark Infrastructure's shares are less volatile than average (for this exchange).

Spark Infrastructure overview

Spark Infrastructure Group is a publicly owned investment manager. The firm invests in the regulated utility infrastructure markets across the globe. It aims for a balanced portfolio. The firm's earnings are supported by growth in underlying assets and through sustainable investments in high value, unregulated opportunities. It invests in growth opportunities in distribution and transmission networks, renewables and adjacent sectors, investing in infrastructure for the future. Spark Infrastructure Group is based in Sydney, 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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