How to buy Steadfast (SDF) shares in Australia
Learn how to easily invest in Steadfast shares.
Steadfast is an insurance brokers business based in Australia. Steadfast shares (SDF) are listed on the Australian Securities Exchange (ASX) and all prices are in Australian dollars. Steadfast has a trailing 12-month revenue of around $1.5 billion. If you're looking to buy shares, check out the steps below.
How to buy shares in Steadfast
- 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.
- 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.
- Search for Steadfast. Find the share by name or ticker symbol: SDF. 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 Steadfast reaches your desired price. Look into dollar-cost averaging to spread out your risk, which smooths out buying at consistent intervals and amounts.
- 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.
- Check on your investment. Congratulations, you own a part of Steadfast. 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.
Steadfast stock price (ASX:SDF)Use our graph to track the performance of SDF stocks over time.
Steadfast shares at a glance
|52-week range||$5.0755 - $6.0828|
|50-day moving average||$5.5406|
|200-day moving average||$5.7523|
|Dividend yield||$0.15 (2.65%)|
|Earnings per share (TTM)||$0.18|
Compare share trading platforms
Is it a good time to buy Steadfast 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.
Steadfast price performance over time
|1 week (2023-11-30)||1.77%|
|1 month (2023-11-07)||5.13%|
|3 months (2023-09-07)||4.36%|
|6 months (2023-06-07)||-1.88%|
|1 year (2022-12-07)||7.09%|
|2 years (2021-12-07)||15.03%|
|3 years (2020-12-07)||50.26%|
|5 years (2018-12-07)||105.73%|
Is Steadfast under- or over-valued?
Valuing Steadfast stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Steadfast's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
Steadfast's P/E ratio
Steadfast's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 31x. In other words, Steadfast shares trade at around 31x recent earnings.
That's comparable to, say, the P/E ratio for the ASX over the 12 months to December 2019 (32.14).
Steadfast's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $463.6 million (£0.0 million).
The EBITDA is a measure of a Steadfast's overall financial performance and is widely used to measure stock profitability.
|Revenue TTM||$1.5 billion|
|Operating margin TTM||28.1%|
|Gross profit TTM||$696 million|
|Return on assets TTM||5.52%|
|Return on equity TTM||11.23%|
|Market capitalisation||$6.2 billion|
TTM: trailing 12 months
Steadfast share dividends
Dividend payout ratio: 1.67% of net profits
Recently Steadfast has paid out, on average, around 1.67% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 2.65% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Steadfast shareholders could enjoy a 2.65% return on their shares, in the form of dividend payments. In Steadfast's case, that would currently equate to about A$0.15 per share.
While Steadfast's payout ratio might seem low, this can signify that Steadfast is investing more in its future growth.
The latest dividend was paid out to all shareholders who bought their shares by 21 August 2023 (the "ex-dividend date").
Steadfast share price volatility
Over the last 12 months, Steadfast's shares have ranged in value from as little as $5.0755 up to $6.0828. A popular way to gauge a stock's volatility is its "beta".
Beta measures a share's volatility in relation to the market. The market (AU average) beta is 1, while Steadfast's is 0.706. This would suggest that Steadfast's shares are less volatile than average (for this exchange).
Steadfast Group Limited provides general insurance brokerage services Australasia, Asia, and Europe. It also offers insurance underwriting services and related services. The company provides various business insurance products, such as aviation, business pack and interruption, contract works, corporate travel, cyber, events, farm, marine, management and product liability, professional indemnity, public liability, trade credit, and workers' compensation insurance. In addition, it offers personal insurance products, including home and contents, landlord, life, motor, and strata insurance. The company operates a network of general insurance brokers and underwriting agencies. Steadfast Group Limited was incorporated in 1996 and is headquartered in Sydney, Australia.
Stocks similar to Steadfast
Steadfast in the news
Are Robust Financials Driving The Recent Rally In Steadfast Group Limited's (ASX:SDF) Stock?
Frequently asked questions
More guides on Finder
Shein IPO: How to invest in the Shein IPO
What you need to know about investing in Shein from Australia.
Best performing stocks on the ASX in 2023 (Updated weekly)
Looking for the best performing stocks in Australia? We update this list weekly.
Tiger Brokers review for Australians
If you're thinking of trading stocks with Tiger Brokers, check out our review of this online broker's fees, safety and pros and cons first.
How to buy Gol Linhas Aereas Inteligentes SA ADR (GOL) shares in Australia
Steps to owning and managing Gol Linhas Aéreas Inteligentes SA shares from Australia.
How to buy Caltex Australia shares
Steps to owning and managing Caltex Australia shares from .
A beginner’s guide to Lego investing
Looking for alternative investments? With a ROI of up to 3,593% lego may be worth considering. Read on to find out which lego sets are worth the investment.
The cheapest stock brokers in Australia (Dec 2023)
Find cheap stock brokerage in Australia when buying and selling shares on the ASX and other international exchanges.
What is the money market?
Learn about the money market and everyday consumer money market products.
Is investing in crowdfunding a safe investment?
Equity crowdfunding offers a unique opportunity for investors and for Australian startups, but Australia’s regulatory framework surrounding crowdfunding still lags behind the rest of the world.
The best trading platforms in Australia
Follow these tips to find the best share trading platform for you.
Ask an Expert