How to buy Valmec shares | A$0.2
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Valmec Limited is an oil & gas equipment & services business based in Australia. Valmec shares (VMX) are listed on the Australian Securities Exchange (ASX) and all prices are listed in Australian Dollars. Its last market close was $0.2 – an increase of 17.65% over the previous week. Valmec has a trailing 12-month revenue of around $112 million.
How to buy shares in Valmec
- 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 Valmec . Find the share by name or ticker symbol: VMX. 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 Valmec 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 $0.2, 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 Valmec . 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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Valmec share priceUse our graph to track the performance of VMX stocks over time.
Valmec shares at a glance
|Latest market close||AUDA$0.2|
|52-week range||AUDA$0.145 - AUDA$0.32|
|50-day moving average||AUDA$0.1646|
|200-day moving average||AUDA$0.1687|
|Dividend yield||N/A (0%)|
|Earnings per share (TTM)||AUDA$0.002|
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.
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Is it a good time to buy Valmec 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.
Valmec price performance over time
|1 week (2020-10-12)||17.65%|
|1 month (2020-09-18)||14.29%|
|3 months (2020-07-17)||33.33%|
|6 months (2020-04-17)||17.65%|
|1 year (2019-10-18)||-32.20%|
|2 years (2018-10-19)||-25.93%|
|3 years (2017-10-19)||-4.76%|
|5 years (2015-10-19)||8.11%|
Is Valmec under- or over-valued?
Valuing Valmec stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Valmec 's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
Valmec 's P/E ratio
Valmec 's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 100x. In other words, Valmec shares trade at around 100x 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.
Valmec 's EBITDA
Valmec 's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $3.9 million.
The EBITDA is a measure of a Valmec 's overall financial performance and is widely used to measure a its profitability.
|Revenue TTM||$112 million|
|Operating margin TTM||1.31%|
|Gross profit TTM||$16.9 million|
|Return on assets TTM||1.47%|
|Return on equity TTM||0.71%|
|Market capitalisation||$21.4 million|
TTM: trailing 12 months
Valmec share dividends
We're not expecting Valmec to pay a dividend over the next 12 months.
Have Valmec 's shares ever split?
Valmec 's shares were split on a 1:40 basis on 7 October 2013. So if you had owned 40 shares the day before before the split, the next day you'd have owned 1 share. This wouldn't directly have changed the overall worth of your Valmec shares – just the quantity. However, indirectly, the new 3900% higher share price could have impacted the market appetite for Valmec shares which in turn could have impacted Valmec 's share price.
Valmec share price volatility
Over the last 12 months, Valmec 's shares have ranged in value from as little as $0.145 up to $0.32. 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 Valmec 's is 1.0622. This would suggest that Valmec 's shares are a little bit more volatile than the average for this exchange and represent, relatively-speaking, a slightly higher risk (but potentially also market-beating returns).
Valmec Limited, a diversified energy and infrastructure services company, provides equipment, construction, commissioning, maintenance, and asset integrity services to the oil and gas, resources, and infrastructure sectors in Australia. Its services include gas compression and processing; process services engineering, procurement, and construction; infrastructure service construction; petrochemical and mining fabrication; electrical and underground services; civil and earthworks solutions; asset preservation, service, and maintenance; asset integrity and inspection; structural mechanical piping; electrical and instrumentation; and completions and commissioning services. The company is headquartered in Kewdale, Australia.
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