How to buy Vulcan Steel (VSL) shares
Learn how to easily invest in Vulcan Steel shares.
We’re reader-supported and may be paid when you visit links to partner sites. We don’t compare all products in the market, but we’re working on it!
Vulcan Steel Ltd is a steel business based in Australia. Vulcan Steel shares (VSL) are listed on the Australian Securities Exchange (ASX) and all prices are in Australian Dollars. Vulcan Steel has a trailing 12-month revenue of around $731.5 million. If you're looking to buy shares, check out the steps below.
How to buy shares in Vulcan Steel
- 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 Vulcan Steel. Find the share by name or ticker symbol: VSL. 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 Vulcan Steel 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 Vulcan Steel. 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.
Vulcan Steel stock price (ASX:VSL)Use our graph to track the performance of VSL stocks over time.
Vulcan Steel shares at a glance
|52-week range||$7.08 - $8.18|
|50-day moving average||$7.7677|
|200-day moving average||$7.7677|
|Dividend yield||N/A (0%)|
|Earnings per share (TTM)||$0.473|
Compare share trading platforms
We update our data regularly, but information can change between updates. Confirm details with the provider you're interested in before making a decision.
Is it a good time to buy Vulcan Steel 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.
Vulcan Steel price performance over time
|1 week (2021-11-29)||5.88%|
|1 month (2021-11-05)||8.72%|
Is Vulcan Steel under- or over-valued?
Valuing Vulcan Steel stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Vulcan Steel's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
Vulcan Steel's P/E ratio
Vulcan Steel's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 17x. In other words, Vulcan Steel shares trade at around 17x 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.
Vulcan Steel's EBITDA
Vulcan Steel's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $111.4 million (£0.0 million).
The EBITDA is a measure of a Vulcan Steel's overall financial performance and is widely used to measure a its profitability.
Vulcan Steel financials
|Revenue TTM||$731.5 million|
|Operating margin TTM||13.74%|
|Gross profit TTM||$270.4 million|
|Return on assets TTM||11.04%|
|Return on equity TTM||44.85%|
|Market capitalisation||$1.1 billion|
TTM: trailing 12 months
Vulcan Steel share dividends
We're not expecting Vulcan Steel to pay a dividend over the next 12 months.
Vulcan Steel overview
Vulcan Steel Limited distributes and processes steel products in New Zealand and Australia. The company operates through two segments, Steel and Metals. It offers carbon, stainless, and engineering steel products, such as hollows, bars, merchant products, structural beams, columns and angles, coils, channels, fittings, and sheets/plates; and value-added processing services, which include laser cutting, plasma cutting, and sheet polishing for steel coils, steel plates, and stainless and engineering steel. The company serves the construction, manufacturing, and mining sectors. Vulcan Steel Limited was founded in 1995 and is based in Auckland, New Zealand.
Stocks similar to Vulcan Steel
Vulcan Steel in the news
Frequently asked questions
More guides on Finder
The Ultimate Christmas Gift Guide For Everyone In Your Life
No matter who you're shopping for, you can consider your Kris Kringle sorted with these gift picks from THE ICONIC.
Australia’s cheapest broker launches: Is it CommSec’s killer?
Stake has announced the cheapest brokerage on the market.
Two Broke Chicks x eBay Sneaker Giveaway
Two Broke Chicks is giving away the chance to win 3 sneakers of the winner's choice from eBay.
6 things you need to know before trading Bitcoin and cryptocurrency
SPONSORED: Practical tips for traditional market traders looking to gain exposure to crypto.
Tado Smart AC Control V3+ review: Simple, smart and cool
The Tado Smart AC Control V3+ promises to save you energy while making your existing home air conditioner smart. It's a smart solution that certainly covers the basics of home heating and cooling well generally irrespective of the brand of your home or office's air conditioning.
Dynabook Tecra A40-J review: The business laptop that shouldn’t be licked, unless you really want to
The Dynabook Tecra A40-J won't win any awards for entirely innovative design ideas, but then it's much more of a workhorse design and power set for business users. Somebody else can test its antimicrobial paint however.
De’Longhi IdealFry review: Not quite ideal but still quite good
An easy to use, simple air fryer.
Today’s ASX top stocks: Rhythm Biosciences (RHY ↑17.0%), DevEx Resources (DEV ↑12.1%)
The 10 biggest movers on the ASX for Tuesday 30 November 2021.
Ask an Expert