We’re committed to our readers and editorial independence. We don’t compare all products in the market and may receive compensation when we refer you to our partners, but this does not influence our opinions or reviews. Learn more about Finder .
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. Its last market close was $2.08 – a decrease of 2.8% over the previous week. Spark Infrastructure has a trailing 12-month revenue of around $269 million.
How to buy shares in Spark Infrastructure
- 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.
- 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.
- 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.
- 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.
- Decide on how many to buy. At today's price of $2.08, weigh your budget against a diversified portfolio that can minimise risk through the market's ups and downs.
- 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.
🧪How we chose these brokersFor our Top Picks, we compared our Finder partners using a proprietary algorithm in August 2020. Keep in mind that our top picks may not always be the best for you, and you're encouraged to compare for yourself to find one that works for you. Read our full methodology here to find out more.
What's in this guide?
- Spark Infrastructure key stats
- Compare share trading platforms
- Is Spark Infrastructure stock a buy or sell?
- Spark Infrastructure performance over time
- Are Spark Infrastructure shares over-valued?
- Spark Infrastructure's financials
- How volatile are Spark Infrastructure shares?
- Does Spark Infrastructure pay a dividend?
- Other common questions
How has coronavirus impacted Spark Infrastructure's share price?
Since the stock market crash in March caused by coronavirus, Spark Infrastructure's share price has had significant negative movement.
Its last market close was $2.08, which is 4.59% down on its pre-crash value of $2.18 and 23.44% up on the lowest point reached during the March crash when the shares fell as low as $1.685.
If you had bought $1,000 worth of Spark Infrastructure shares at the start of February 2020, those shares would have been worth $821.92 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 $949.77.
Spark Infrastructure share priceUse our graph to track the performance of SKI stocks over time.
Spark Infrastructure shares at a glance
|Latest market close||AUDA$2.08|
|52-week range||AUDA$1.685 - AUDA$2.33|
|50-day moving average||AUDA$2.1311|
|200-day moving average||AUDA$2.1151|
|Dividend yield||AUDA$0.14 (6.54%)|
|Earnings per share (TTM)||AUDA$0.045|
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
Important: Share trading carries risk of capital loss.
Compare share trading platforms
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.
Spark Infrastructure price performance over time
|1 week (2020-10-16)||-2.80%|
|1 month (2020-09-25)||-3.70%|
|3 months (2020-07-23)||-7.96%|
|6 months (2020-04-23)||5.32%|
|1 year (2019-10-23)||2.46%|
|2 years (2018-10-23)||-5.02%|
|3 years (2017-10-23)||-19.07%|
|5 years (2015-10-23)||5.97%|
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 48x. In other words, Spark Infrastructure shares trade at around 48x 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 $252 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||$269 million|
|Operating margin TTM||93.6%|
|Gross profit TTM||$280.7 million|
|Return on assets TTM||5.13%|
|Return on equity TTM||4.72%|
|Market capitalisation||$3.7 billion|
TTM: trailing 12 months
Spark Infrastructure share dividends
Dividend payout ratio: 290% of net profits
Recently Spark Infrastructure has paid out, on average, around 290% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 6.54% 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 6.54% return on their shares, in the form of dividend payments. In Spark Infrastructure's case, that would currently equate to about A$0.14 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 2 September 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 $1.685 up to $2.33. 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 0.2451. 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
More guides on Finder
Where to buy Xbox One racing wheels online in Australia
A list of stores to buy Xbox One racing wheels online in Australia.
Where to buy Xbox One consoles online in Australia
A list of stores to buy Xbox One consoles online in Australia.
Where to buy Xbox One chargers online in Australia
A list of stores to buy Xbox One chargers online in Australia.
Where to buy Xbox One cables online in Australia
A list of stores to buy Xbox One cables online in Australia.
Where to buy Xbox 360 online in Australia
A list of stores to buy Xbox 360 online in Australia.
Where to buy Xbox 360 remotes online in Australia
A list of stores to buy Xbox 360 remotes online in Australia.
Where to buy Xbox 360 racing wheels online in Australia
A list of stores to buy Xbox 360 racing wheels online in Australia.
Where to buy Xbox 360 headsets online in Australia
A list of stores to buy Xbox 360 headsets online in Australia.
Where to buy Xbox 360 games online in Australia
A list of stores to buy Xbox 360 games online in Australia.
Where to buy Xbox 360 gamepads & standard controllers online in Australia
A list of stores to buy Xbox 360 gamepads & standard controllers online in Australia.
Ask an Expert