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How to buy Altium (ALU) shares in Australia

Learn how to easily invest in Altium shares.

Altium is a software - application business based in Australia. Altium shares (ALU) are listed on the Australian Securities Exchange (ASX) and all prices are in Australian dollars. Altium has a trailing 12-month revenue of around $282.3 million. If you're looking to buy shares, check out the steps below.

How to buy shares in Altium

To buy shares listed in Australia such as Altium, 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. Then follow these steps.

  1. 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.
  2. Search for Altium.
    Find the share by name or ticker symbol: ALU. Research its history to confirm it's a solid investment against your financial goals.
  3. Purchase now or later.
    Buy today with a market order or use a limit order to delay your purchase until Altium reaches your desired price. Look into dollar-cost averaging to spread out your risk, which smooths out buying at consistent intervals and amounts.
  4. 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.
  5. Check on your investment.
    Congratulations, you own a part of Altium. 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.

Altium stock price (ASX:ALU)

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

Altium shares at a glance

Information last updated 2024-04-10.
52-week range$34.4412 - $66.6917
50-day moving average $62.459
200-day moving average $47.995
Target price$60.51
PE ratio 81.7125
Dividend yield $0.394 (0.92%)
Earnings per share (TTM) $0.8

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The value of your investments can fall as well as rise and you may get back less than you invested. Past performance is no indication of future results.
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Is it a good time to buy Altium 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.

Altium price performance over time

Historical closes compared with the last close of A$65.44

1 month (2024-03-15) 0.60%
3 months (2024-01-17) 41.28%
6 months (2023-10-17) 53.94%
1 year (2023-04-17) 68.18%
2 years (2022-04-14) 97.17%
3 years (2021-04-16) 120.56%
5 years (2019-04-17) 96.93%

Is Altium under- or over-valued?

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

Altium's P/E ratio

Altium's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 82x. In other words, Altium shares trade at around 82x recent earnings.

That's relatively high compared to, say, the P/E ratio for the ASX over the 12 months to December 2019 (32.14). The high P/E ratio could mean that investors are optimistic about the outlook for the shares or simply that they're over-valued.

Altium's EBITDA

Altium's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $93.4 million (£0.0 million).

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

Altium financials

Revenue TTM $282.3 million
Operating margin TTM 29.34%
Gross profit TTM $138.9 million
Return on assets TTM 13.51%
Return on equity TTM 23.26%
Profit margin 24.7%
Book value 2.393
Market capitalisation $8.6 billion

TTM: trailing 12 months

Altium share dividends


Dividend payout ratio: 68.21% of net profits

Recently Altium has paid out, on average, around 68.21% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 0.92% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Altium shareholders could enjoy a 0.92% return on their shares, in the form of dividend payments. In Altium's case, that would currently equate to about A$0.394 per share.

Altium'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 3 March 2024 (the "ex-dividend date").

Have Altium's shares ever split?

Altium's shares were split on a 1.0465:1 basis on 26 October 2008. So if you had owned 1 share the day before the split, the next day you would own 1.0465 shares. This wouldn't directly have changed the overall worth of your Altium shares – just the quantity. However, indirectly, the new 4.4% lower share price could have impacted the market appetite for Altium shares which in turn could have impacted Altium's share price.

Altium share price volatility

Over the last 12 months, Altium's shares have ranged in value from as little as $34.4412 up to $66.6917. A popular way to gauge a stock's volatility is its "beta".

ALU.AU volatility(beta: 0.51)Avg. volatility(beta: 1.00)LowHigh

Beta measures a share's volatility in relation to the market. The market (AU average) beta is 1, while Altium's is 0.507. This would suggest that Altium's shares are less volatile than average (for this exchange).

Altium overview

Altium Limited develops and sells computer software for the design of electronic products in the United States and internationally. It operates through two segments: Design Software; and Cloud Platform. The company offers printed circuit board (PCB) design software products, including Altium Designer, Altium 365 viewer, CircuitStudio, and CircuitMaker. It also provides Altium NEXUS; Altium Concord Pro, a solution for library management; and Octopart, search engine for electronic parts. The company serves automotive, semiconductors, military, aerospace, defense, robotics, bioscience and medical, communication, contract engineering, consumer electronics, education, entertainment, and industrial systems industries. Altium Limited was founded in 1985 and is headquartered in La Jolla, California.


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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