How to buy Zimplats shares | A$9.49

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Zimplats Holdings Limited is an other precious metals & mining business based in Australia. Zimplats shares (ZIM) are listed on the Australian Securities Exchange (ASX) and all prices are listed in Australian Dollars. Its last market close was $9.49 – a decrease of 2.27% over the previous week. Zimplats has a trailing 12-month revenue of around $868.9 million.

How to buy shares in Zimplats

  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 Zimplats. Find the share by name or ticker symbol: ZIM. 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 Zimplats 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 $9.49, 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 Zimplats. 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.

Zimplats share price

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

Zimplats shares at a glance

Information last updated 2020-09-25.
Latest market closeAUDA$9.49
52-week rangeAUDA$6.96 - AUDA$13.1
50-day moving average AUDA$10.0494
200-day moving average AUDA$9.9294
Target priceAUDA$15.92
PE ratio 2.7113
Dividend yield AUDA$0.88 (9.26%)
Earnings per share (TTM) AUDA$2.43

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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Name Product Standard brokerage fee Inactivity fee Markets
IG Share Trading
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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.
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.
ThinkMarkets Share Trading
AUD 8
No
ASX shares, ETFs
Fast sign-up: Start trading in just a few minutes
Switch between your ASX share trading account and your forex account on your mobile and access some of the lowest brokerage fees on the market with a flat $8 commission (until $200,000).
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 Zimplats 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.

Zimplats price performance over time

Historical closes compared with the close of A$9.49 on 2020-09-28

1 week (2020-09-23) -1.15%
1 month (2020-08-28) -6.87%
3 months (2020-06-30) -8.66%
6 months (2020-03-30) 15.03%
1 year (2019-09-30) -5.10%
2 years (2018-09-26) N/A
3 years (2017-09-26) N/A
5 years (2015-09-26) N/A

Is Zimplats under- or over-valued?

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

Zimplats's P/E ratio

Zimplats's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 3x. In other words, Zimplats shares trade at around 3x 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.

Zimplats's EBITDA

Zimplats's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $472.5 million.

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

Zimplats financials

Revenue TTM $868.9 million
Operating margin TTM 43.9%
Gross profit TTM $388.6 million
Return on assets TTM 14.79%
Return on equity TTM 22.5%
Profit margin 30.13%
Book value 11.792
Market capitalisation $1.1 billion

TTM: trailing 12 months

Zimplats share dividends

17%

Dividend payout ratio: 17.41% of net profits

Recently Zimplats has paid out, on average, around 17.41% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 9.26% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Zimplats shareholders could enjoy a 9.26% return on their shares, in the form of dividend payments. In Zimplats's case, that would currently equate to about A$0.88 per share.

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

The latest dividend was paid out to all shareholders who bought their shares by 10 September 2019 (the "ex-dividend date").

Zimplats share price volatility

Over the last 12 months, Zimplats's shares have ranged in value from as little as $6.96 up to $13.1. A popular way to gauge a stock's volatility is its "beta".

ZIM.AU volatility(beta: 0.76)Avg. volatility(beta: 1.00)LowHigh

Beta is a measure of a share's volatility in relation to the market. The market (AU average) beta is 1, while Zimplats's is 0.7584. This would suggest that Zimplats's shares are less volatile than average (for this exchange).

Zimplats overview

Zimplats Holdings Limited, together with its subsidiaries, engages in the production of platinum and associated metals mined from the Great Dyke in Zimbabwe. The company produces platinum, palladium, rhodium, iridium, and ruthenium, as well as nickel, gold, copper, cobalt, and silver deposits. It operates mines in Ngezi. The company was incorporated in 1998 and is based in Saint Peter Port, Guernsey.

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