A$3.19
Adelaide Brighton is a building materials business based in Australia. Adelaide Brighton shares (ABC) are listed on the Australian Securities Exchange (ASX) and all prices are in Australian dollars. Adelaide Brighton has a trailing 12-month revenue of around $1.9 billion. If you're looking to buy shares, check out the steps below.
How to buy shares in Adelaide Brighton
To buy shares listed in Australia such as Adelaide Brighton, you'll need to sign up to a broker with access to the ASX. Our table can help you compare share trading platforms and choose or you can see our list of the best share trading platforms in Australia. Then follow these steps.
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Open and fund your brokerage account. Complete an application with your personal and financial details, including your ID and tax file number. Fund your account with a bank transfer, PayPal or debit card.
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Search for Adelaide Brighton. Find the share by name or ticker symbol: ABC. Research its history to confirm it's a solid investment against your financial goals.
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Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until Adelaide Brighton reaches your desired price. Look into dollar-cost averaging to spread out your risk, which smooths out buying at consistent intervals and amounts.
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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.
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Check on your investment. Congratulations, you own a part of Adelaide Brighton. 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.
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Adelaide Brighton stock price (ASX:ABC)
Use our graph to track the performance of ABC stocks over time.Adelaide Brighton shares at a glance
52-week range | $1.91 - $3.2 |
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50-day moving average | $3.1762 |
200-day moving average | $2.7976 |
Target price | $2.35 |
PE ratio | 22.7857 |
Dividend yield | N/A (0%) |
Earnings per share (TTM) | $0.14 |
Where to buy Adelaide Brighton shares
Is it a good time to buy Adelaide Brighton 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.
Adelaide Brighton price performance over time
Historical closes compared with the last close of A$3.19
3 months (2024-06-14) | 3.19 |
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6 months (2024-03-15) | 1.59% |
1 year (2023-09-15) | 47.00% |
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2 years (2022-09-15) | 55.61% |
3 years (2021-09-15) | -9.38% |
5 years (2019-09-13) | -1.54% |
Is Adelaide Brighton under- or over-valued?
Valuing Adelaide Brighton stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Adelaide Brighton's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
Adelaide Brighton's P/E ratio
Adelaide Brighton's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 23x. In other words, Adelaide Brighton shares trade at around 23x 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.
Adelaide Brighton's PEG ratio
Adelaide Brighton's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 7.15. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.
The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into Adelaide Brighton's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.
Adelaide Brighton's EBITDA
Adelaide Brighton's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $255.7 million (£0.0 million).
The EBITDA is a measure of a Adelaide Brighton's overall financial performance and is widely used to measure stock profitability.
Adelaide Brighton financials
Revenue TTM | $1.9 billion |
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Operating margin TTM | 7.19% |
Gross profit TTM | $193.4 million |
Return on assets TTM | 3.16% |
Return on equity TTM | 6.9% |
Profit margin | 4.83% |
Book value | 2.119 |
Market capitalisation | $2.1 billion |
TTM: trailing 12 months
Adelaide Brighton share dividends
We're not expecting Adelaide Brighton to pay a dividend over the next 12 months.
Have Adelaide Brighton's shares ever split?
Adelaide Brighton's shares were split on a 1.0106:1 basis on 5 March 2008. So if you had owned 1 share the day before the split, the next day you would own 1.0106 shares. This wouldn't directly have changed the overall worth of your Adelaide Brighton shares – just the quantity. However, indirectly, the new 1% lower share price could have impacted the market appetite for Adelaide Brighton shares which in turn could have impacted Adelaide Brighton's share price.
Adelaide Brighton share price volatility
Over the last 12 months, Adelaide Brighton's shares have ranged in value from as little as $1.91 up to $3.2. 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 Adelaide Brighton's is 1.159. This would suggest that Adelaide Brighton's shares are a little bit more volatile than the average for this exchange and represent, relatively speaking, a slightly higher risk (but potentially also market-beating returns).
Adelaide Brighton overview
Adbri Limited manufactures and distributes construction materials in Australia. The company operates in two segments: Cement, Lime, Concrete and Aggregates; and Masonry. It provides cement, lime, premixed concrete, aggregates, and sand; various concrete bricks, besser blocks, pavers, and retaining wall blocks; and industrial minerals comprising agricultural lime products, stockfield minerals and fillers for glass manufacturing, and quick and hydrated lime for industrial processing and water treatment applications. The company offers its products to residential and non-residential construction, engineering construction, industrial manufacturing, and mining markets. Adbri Limited was founded in 1882 and is based in Adelaide, Australia. As of June 17, 2024, Adbri Limited operates as a subsidiary of CRH plc.
Adelaide Brighton in the news
Adbri (ASX:ABC) Will Be Hoping To Turn Its Returns On Capital Around
Adbri (ASX:ABC) investors are sitting on a loss of 60% if they invested five years ago
At AU$2.03, Is Adbri Limited (ASX:ABC) Worth Looking At Closely?
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