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How to buy Washington H. Soul Pattinson and Company (SOL) shares in Australia

Learn how to easily invest in Washington H. Soul Pattinson and Company shares.

Washington H. Soul Pattinson and Company is a capital markets business based in Australia. Washington H. Soul Pattinson and Company shares (SOL) are listed on the Australian Securities Exchange (ASX) and all prices are in Australian dollars. Washington H. Soul Pattinson and Company has a trailing 12-month revenue of around $1.2 billion. If you're looking to buy shares, check out the steps below.

How to buy shares in Washington H. Soul Pattinson and Company

  1. Compare share trading platforms. To buy shares listed in Australia, you'll need to sign up to a broker with access to the ASX. Our table can help you choose.
  2. Open and fund your brokerage account. Complete an application with your personal and financial details, such as your ID and tax file number. Fund your account with a bank transfer, PayPal or debit card.
  3. Search for Washington H. Soul Pattinson and Company . Find the share by name or ticker symbol: SOL. 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 Washington H. Soul Pattinson and Company reaches your desired price. Look into dollar-cost averaging to spread out your risk, which smooths out buying at consistent intervals and amounts.
  5. 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.
  6. Check on your investment. Congratulations, you own a part of Washington H. Soul Pattinson and Company . Optimise your portfolio by tracking how your stock and 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 affect your stock.

Washington H. Soul Pattinson and Company stock price (ASX:SOL)

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

Washington H. Soul Pattinson and Company shares at a glance

Information last updated 2023-12-04.
52-week range$26.1043 - $35.2816
50-day moving average $33.6528
200-day moving average $32.2059
Target price$34.75
PE ratio 15.62
Dividend yield $0.87 (2.58%)
Earnings per share (TTM) $2.18

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Is it a good time to buy Washington H. Soul Pattinson and Company stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. However, this is not a recommendation. 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.

Washington H. Soul Pattinson and Company price performance over time

Historical closes compared with the last close of A$32.88

1 week (2023-12-01) -2.46%
1 month (2023-11-09) -4.36%
3 months (2023-09-08) -1.62%
6 months (2023-06-09) 1.54%
1 year (2022-12-09) 18.44%
2 years (2021-12-09) 1.39%
3 years (2020-12-09) 10.63%
5 years (2018-12-07) 21.51%

Is Washington H. Soul Pattinson and Company under- or over-valued?

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

Washington H. Soul Pattinson and Company 's P/E ratio

Washington H. Soul Pattinson and Company 's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 16x. In other words, Washington H. Soul Pattinson and Company shares trade at around 16x 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.

Washington H. Soul Pattinson and Company 's EBITDA

Washington H. Soul Pattinson and Company 's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $820.3 million (£0.0 million).

The EBITDA is a measure of a Washington H. Soul Pattinson and Company 's overall financial performance and is widely used to measure stock profitability.

Washington H. Soul Pattinson and Company financials

Revenue TTM $1.2 billion
Operating margin TTM 74.47%
Gross profit TTM $963.3 million
Return on assets TTM 5.06%
Return on equity TTM 8.13%
Profit margin 57.68%
Book value 24.173
Market capitalisation $12.2 billion

TTM: trailing 12 months

Washington H. Soul Pattinson and Company share dividends

61%

Dividend payout ratio: 61.27% of net profits

Recently Washington H. Soul Pattinson and Company has paid out, on average, around 61.27% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 2.58% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Washington H. Soul Pattinson and Company shareholders could enjoy a 2.58% return on their shares, in the form of dividend payments. In Washington H. Soul Pattinson and Company 's case, that would currently equate to about A$0.87 per share.

Washington H. Soul Pattinson and Company 's payout ratio would broadly be considered high, and as such this stock could appeal to those looking to generate an income. Bear in mind however that companies should normally also look to re-invest a decent amount of net profits to ensure future growth.

The latest dividend was paid out to all shareholders who bought their shares by 17 November 2023 (the "ex-dividend date").

Have Washington H. Soul Pattinson and Company 's shares ever split?

Washington H. Soul Pattinson and Company 's shares were split on a 10:1 basis on 27 June 2002. So if you had owned 1 share the day before the split, the next day you would own 10 shares. This wouldn't directly have changed the overall worth of your Washington H. Soul Pattinson and Company shares – just the quantity. However, indirectly, the new 90% lower share price could have impacted the market appetite for Washington H. Soul Pattinson and Company shares which in turn could have impacted Washington H. Soul Pattinson and Company 's share price.

Washington H. Soul Pattinson and Company share price volatility

Over the last 12 months, Washington H. Soul Pattinson and Company 's shares have ranged in value from as little as $26.1043 up to $35.2816. A popular way to gauge a stock's volatility is its "beta".

Beta measures a share's volatility in relation to the market. The market (AU average) beta is 1, while Washington H. Soul Pattinson and Company 's is 0.488. This would suggest that Washington H. Soul Pattinson and Company 's shares are less volatile than average (for this exchange).

Washington H. Soul Pattinson and Company overview

Washington H. Soul Pattinson and Company Limited, an investment company, engages in investing various industries and asset classes in Australia. It operates through Strategic Portfolio, Large Caps Portfolio, Emerging Companies Portfolio, Private Equity Portfolio, Structured Yield Portfolio, and Property Portfolio segments. The company invests in various industries, such as natural resources, building materials, telecommunications, retail, agriculture, property equity, investments and corporate advisory, financial services, education, and others. Washington H. Soul Pattinson and Company Limited was founded in 1872 and is headquartered in Sydney, Australia.

Frequently asked questions

Disclaimer: This information should not be interpreted as an endorsement of futures, stocks, ETFs, CFDs, options or any specific provider, service or offering. It should not be relied upon as investment advice or construed as providing recommendations of any kind. Futures, stocks, ETFs and options trading involves substantial risk of loss and therefore are not appropriate for all investors. Trading CFDs comes with a higher risk of losing money rapidly due to leverage. Past performance is not an indication of future results. Consider your own circumstances, and obtain your own advice, before making any trades.

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