How to buy Tubi shares | A$0.066

Tubi Limited is a specialty industrial machinery business based in Australia. Tubi shares (2BE) are listed on the Australian Securities Exchange (ASX) and all prices are listed in Australian Dollars. Its last market close was $0.066 – a decrease of 8.33% over the previous week. Tubi has a trailing 12-month revenue of around $21.1 million.

How to buy shares in Tubi

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 Tubi. Find the share by name or ticker symbol: 2BE. 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 Tubi 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 $0.066, 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 Tubi. 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.

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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 Tubi's share price?

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

Its last market close was $0.066, which is 34.00% down on its pre-crash value of $0.1 and 9.09% down on the lowest point reached during the March crash when the shares fell as low as $0.072.

If you had bought $1,000 worth of Tubi shares at the start of February 2020, those shares would have been worth $772.73 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 $600.00.

Tubi share price

Use our graph to track the performance of 2BE stocks over time.

Tubi shares at a glance

• Key figures

Information last updated 2020-10-21.

Latest market close	AUDA$0.066
52-week range	AUDA$0.061 - AUDA$0.275
50-day moving average	AUDA$0.0775
200-day moving average	AUDA$0.0947
Target price	N/A
PE ratio	36.25
Dividend yield	N/A (0%)
Earnings per share (TTM)	AUDA$0.008

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Important: Share trading carries risk of capital loss.

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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.

Is it a good time to buy Tubi 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 Tubi Limited by TradingView

Tubi price performance over time

Historical closes compared with the close of A$0.066 on 2020-10-22

1 week (2020-10-15)	-5.71%
1 month (2020-09-25)	-8.33%
3 months (2020-07-24)	-45.00%
6 months (2020-04-24)	-30.53%

1 year (2019-10-24)	-74.62%
2 years (2018-10-21)	N/A
3 years (2017-10-21)	N/A
5 years (2015-10-21)	N/A

Is Tubi under- or over-valued?

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

Tubi's P/E ratio

Tubi'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, Tubi 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.

Tubi's EBITDA

Tubi's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $3.1 million.

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

Tubi financials

Revenue TTM	$21.1 million
Gross profit TTM	$-2,105,567
Return on assets TTM	-12.98%
Return on equity TTM	-24.15%
Profit margin	-22.09%
Book value	0.07
Market capitalisation	$21.7 million

TTM: trailing 12 months

Tubi share dividends

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

Tubi overview

Tubi Limited, together with its subsidiaries, manufactures and sells high density polyethylene (HDPE) pipes in Australia, the United States, and New Zealand. Its products include mobile modular extrusions, HDPEs, large bore reeling, stringing, HDPE 40bars, and corrugated pipes. The company's products are used in irrigation, mining, shale gas and LNG, water infrastructure, pipe relining, and power sectors. Tubi Limited was founded in 1972 and is based in Paddington, Australia.

Frequently asked questions

• What percentage of Tubi is owned by insiders?

  Currently 82.618% of Tubi shares are held by insiders.

• When does the fiscal year end for Tubi?

  Tubi's fiscal year ends in June.

• Where is Tubi based?

  Tubi's address is: 2 Hopetoun Street, Paddington, NSW, Australia, 2021