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How to buy Synlait Milk shares | A$5.12

Own Synlait Milk shares in just a few minutes.


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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 .

Synlait Milk Limited is a packaged foods business based in Australia. Synlait Milk shares (SM1) are listed on the Australian Securities Exchange (ASX) and all prices are listed in Australian Dollars. Its last market close was $5.12 – a decrease of 0.58% over the previous week. and has a market cap (total outstanding shares value) of $906.3 million.

How to buy shares in Synlait Milk

  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 Synlait Milk . Find the share by name or ticker symbol: SM1. 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 Synlait Milk 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 $5.12, 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 Synlait Milk . 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 brokers

For 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.

How has coronavirus impacted Synlait Milk 's share price?

Since the stock market crash in March caused by coronavirus, Synlait Milk 's share price has had significant negative movement.

Its last market close was $5.12, which is 22.31% down on its pre-crash value of $6.59 and 18.24% up on the lowest point reached during the March crash when the shares fell as low as $4.33.

If you had bought $1,000 worth of Synlait Milk shares at the start of February 2020, those shares would have been worth $573.65 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 $613.17.

Synlait Milk share price

Use our graph to track the performance of SM1 stocks over time.

Synlait Milk shares at a glance

Information last updated 2020-10-20.
Latest market closeAUDA$5.12
52-week rangeAUDA$4.33 - AUDA$9.37
50-day moving average AUDA$5.3906
200-day moving average AUDA$6.283
Target priceN/A
PE ratio 13.151
Dividend yield N/A (0%)
Earnings per share (TTM) AUDA$0.285

Share Trading Account Offer

IG Share Trading Offer


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
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Important: Share trading carries risk of capital loss.


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 indicated here is updated regularly
Name Product Standard brokerage fee Inactivity fee Markets
IG Share Trading
Finder Award
IG Share Trading
AUD 8 or 0.1%
AUD 50 per quarter if you make fewer than three trades in that period
ASX shares, Global shares, Forex, CFDs, Margin trading
Brokerage discount: $5 on Australian shares for active traders & $0 commission on US and global shares
Enjoy some of the lowest brokerage fees on the market when trading Australian shares, international shares, forex and CFDs, plus get access to 24-hour customer support.
Superhero share trading
ASX shares
Pay zero brokerage on all Australian ETFs.
Trade ASX stocks with a flat $5 commission fee and a low minimum investment of just $100.
CMC Markets Stockbroking
AUD 11 or 0.1%
ASX shares, Global shares, Forex, CFDs, Margin trading, Options trading, mFunds
$0 brokerage on global shares including US, UK and Japan markets.
Trade up to 9,000 products, including shares, managed funds, forex, commodities and cryptocurrencies, plus access up to 15 major global and Australian stock exchanges.
Saxo Capital Markets (Classic account)
AUD 6.99 for issuer sponsored or AUD 14.90 CHESS
ASX shares, Global shares, Forex, CFDs, Margin trading, Options trading
High quality, low-cost brokerage on global share trading.
Access up to 19,000 global stocks on 36 of the world’s major stock exchanges and enjoy some of the most competitive FX rates on the the market when you trade with Saxo Capital Markets.
ANZ Share Investing
AUD 19.95
ASX shares, Global shares, Margin trading, Options trading
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.
Westpac Online Investing Account
AUD 19.95 or 0.11%
AUD 63.50 per year on the global markets account
ASX shares, Global shares, Options trading, US shares

Compare up to 4 providers

Is it a good time to buy Synlait Milk 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.

Synlait Milk price performance over time

Historical closes compared with the close of A$5.12 on 2020-10-21

1 week (2020-10-10) N/A
1 month (2020-09-21) -6.91%
3 months (2020-07-17) -21.23%
6 months (2020-04-17) -30.25%
1 year (2019-10-18) -43.74%
2 years (2018-10-19) -41.28%
3 years (2017-10-19) -27.79%
5 years (2015-10-17) N/A

Is Synlait Milk under- or over-valued?

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

Synlait Milk 's P/E ratio

Synlait Milk 's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 13x. In other words, Synlait Milk shares trade at around 13x 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.

Synlait Milk financials

Gross profit TTM $203.7 million
Return on assets TTM 5.89%
Return on equity TTM 13.69%
Profit margin 5.78%
Book value 1.623
Market capitalisation $906.3 million

TTM: trailing 12 months

Synlait Milk share dividends

We're not expecting Synlait Milk to pay a dividend over the next 12 months.

Synlait Milk share price volatility

Over the last 12 months, Synlait Milk 's shares have ranged in value from as little as $4.33 up to $9.37. A popular way to gauge a stock's volatility is its "beta".

SM1.AU volatility(beta: 0.74)Avg. volatility(beta: 1.00)LowHigh

Beta is a measure of a share's volatility in relation to the market. The market (AU average) beta is 1, while Synlait Milk 's is 0.7395. This would suggest that Synlait Milk 's shares are less volatile than average (for this exchange).

Synlait Milk overview

Synlait Milk Limited, together with its subsidiaries, manufactures and sells dairy products in China, rest of Asia, the Middle East, Africa, New Zealand, Australia, and internationally. The company is also involved in the processing, packaging, and marketing of dairy products, including cheese, butter, ice cream, and milk powder under the Alpine, Rolling, Meadow, Dairyworks, and Deep South brands. It offers liquid milk; milk powder related products; nutritional products, such as infant and adult nutritional powders; ingredients comprising skim milk powders and anhydrous milk fat; and specialized nutritional ingredients, such as lactoferrin. The company was founded in 2005 and is headquartered in Rakaia, New Zealand.

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