How to buy VEEM (VEE) shares
Learn how to easily invest in VEEM shares.
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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 in Australian Dollars. VEEM has a trailing 12-month revenue of around $59.5 million. If you're looking to buy shares, check out the steps below.
How to buy shares in VEEM
- 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 VEEM . Find the share by name or ticker symbol: VEE. 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 VEEM 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, 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 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.
VEEM stock price (ASX:VEE)Use our graph to track the performance of VEE stocks over time.
VEEM shares at a glance
|52-week range||$0.4667 - $1.4455|
|50-day moving average||$1.3227|
|200-day moving average||$1.2082|
|Dividend yield||$0.009 (0.78%)|
|Earnings per share (TTM)||$0.037|
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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
|1 week (2021-09-16)||-3.73%|
|1 month (2021-08-26)||-13.43%|
|3 months (2021-06-25)||-13.11%|
|6 months (2021-03-26)||12.08%|
|1 year (2020-09-25)||136.73%|
|2 years (2019-09-26)||110.91%|
|3 years (2018-09-26)||110.91%|
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 31x. In other words, VEEM 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).
VEEM 's EBITDA
VEEM 's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $7.6 million (£4 million).
The EBITDA is a measure of a VEEM 's overall financial performance and is widely used to measure a its profitability.
|Revenue TTM||$59.5 million|
|Operating margin TTM||9.92%|
|Gross profit TTM||$59.5 million|
|Return on assets TTM||3.98%|
|Return on equity TTM||13.69%|
|Market capitalisation||$156.7 million|
TTM: trailing 12 months
VEEM share dividends
Dividend payout ratio: 29.33% of net profits
Recently VEEM has paid out, on average, around 29.33% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 0.78% 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 0.78% return on their shares, in the form of dividend payments. In VEEM 's case, that would currently equate to about A$0.009 per share.
While VEEM 's payout ratio might seem fairly standard, it's worth remembering that VEEM may be investing much of the rest of its net profits in future growth.
The latest dividend was paid out to all shareholders who bought their shares by 5 September 2021 (the "ex-dividend date").
VEEM share price volatility
Over the last 12 months, VEEM 's shares have ranged in value from as little as $0.4667 up to $1.4455. 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 0.4733. This would suggest that VEEM 's shares are less volatile than average (for this exchange).
VEEM Ltd manufactures and sells propulsion and stabilization systems. The company offers gyrostabilizers, CNC machined monobloc propellers, submarine components, and marine ride control fins; forever pipe, a bimetal centrifugally cast hollow bars; and engineering services. It also manufactures bespoke engineered 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 is a subsidiary of Veem Corporation Pty Ltd.
Stocks similar to VEEM
VEEM in the news
A Look At The Fair Value Of VEEM Ltd (ASX:VEE)
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