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How to buy VEEM shares | A$0.56

Own VEEM shares in just a few minutes.

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VEEM Ltd is an aerospace & defense business based in Australia. VEEM shares (VEE) are listed on the Australian Securities Exchange (ASX) and all prices are listed in Australian Dollars. Its last market close was $0.56 – an increase of 5.66% over the previous week. VEEM has a trailing 12-month revenue of around $44.4 million.

How to buy shares in VEEM

  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 VEEM . Find the share by name or ticker symbol: VEE. 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 VEEM 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 $0.56, 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 VEEM . 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.

VEEM share price

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

VEEM shares at a glance

Information last updated 2020-10-15.
Latest market closeAUDA$0.56
52-week rangeAUDA$0.385 - AUDA$0.575
50-day moving average AUDA$0.4882
200-day moving average AUDA$0.4474
Target priceN/A
PE ratio 27.8947
Dividend yield AUDA$0.01 (0.81%)
Earnings per share (TTM) AUDA$0.019

Share Trading Account Offer

IG Share Trading Offer

AUD 8

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.

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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.
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
AUD 5
No
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%
No
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
AUD 0
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
No
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
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Is it a good time to buy VEEM 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.

VEEM price performance over time

Historical closes compared with the close of A$0.56 on 2020-10-19

1 week (2020-10-12) 1.82%
1 month (2020-09-18) 16.67%
3 months (2020-07-17) 25.84%
6 months (2020-04-17) 33.33%
1 year (2019-10-18) 1.82%
2 years (2018-10-19) 0%
3 years (2017-10-19) 3.70%
5 years (2015-10-16) N/A

Is VEEM under- or over-valued?

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

VEEM 's P/E ratio

VEEM 's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 28x. In other words, VEEM shares trade at around 28x 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.

VEEM 's EBITDA

VEEM 's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $4.2 million.

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

VEEM financials

Revenue TTM $44.4 million
Operating margin TTM 5.81%
Gross profit TTM $26.1 million
Return on assets TTM 2.76%
Return on equity TTM 7.78%
Profit margin 5.57%
Book value 0.25
Market capitalisation $68.9 million

TTM: trailing 12 months

VEEM share dividends

22%

Dividend payout ratio: 21.55% of net profits

Recently VEEM has paid out, on average, around 21.55% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 0.81% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), VEEM shareholders could enjoy a 0.81% return on their shares, in the form of dividend payments. In VEEM 's case, that would currently equate to about A$0.01 per share.

While VEEM 's payout ratio might seem low, this can signify that VEEM is investing more in its future growth.

The latest dividend was paid out to all shareholders who bought their shares by 10 September 2020 (the "ex-dividend date").

VEEM share price volatility

Over the last 12 months, VEEM 's shares have ranged in value from as little as $0.385 up to $0.575. 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 VEEM 's is 0.1364. This would suggest that VEEM 's shares are less volatile than average (for this exchange).

VEEM overview

VEEM Ltd manufactures and sells propulsion and stabilization systems. It offers propellers, centrifugally cast hollow bars, and gyrostabilizers; and manufactures bespoke products and services to the marine, defense, and mining industries. The company was founded in 1968 and is headquartered in Canning Vale, Australia. VEEM Ltd operates as a subsidiary of Veem Corporation Pty Ltd.

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