How to buy Amazon shares in Australia

Led by business magnate Jeff Bezos, Amazon (AMZN) is a global retail giant and one of the five biggest listed companies in the United States by market capitalisation. It's best known globally for its Amazon marketplace and video-streaming service, Amazon Prime. Besides its cloud computing branch, Amazon Web Services, Amazon also manufactures and sells electronic devices such as the Kindle, Fire tablets, Fire TVs and the Echo.

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Finder Score 9.3 Excellent IG Share Trading	Finder Score 9.3 Excellent	$0	US$0	ASX shares, Global shares, US shares, UK shares, ETFs	Trade Australian and international shares with zero commission fees and access to round-the-clock customer support. 0.7% FX fees apply to international shares.	Go to siteMore info Compare product selection Compare	loading
Finder Score 9.9 Excellent CMC Invest Finder Award	Finder Score 9.9 Excellent	$0	US$0	ASX shares, Global shares, Options trading, US shares, mFunds, ETFs, Cryptocurrencies	Trade over 45,000 shares and ETFs from Australia and 15 major global markets. Plus, buy Aussie shares or ETFs for $0 brokerage up to $1,000 (First buy order of each security, each day - excludes margin loan settled trades).	Go to siteMore info Compare product selection Compare	loading

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Have Amazon's shares ever split?

Amazon's shares were split on a 20:1 basis on 5 June 2022. So if you had owned 1 share the day before the split, the next day you would own 20 shares. This wouldn't directly have changed the overall worth of your Amazon shares – just the quantity. However, indirectly, the new 95% lower share price could have impacted the market appetite for Amazon shares which in turn could have impacted Amazon's share price.

Is it a good time to buy Amazon 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.

Is it worth buying Amazon stock?

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

Amazon's P/E ratio

Amazon's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 33x. In other words, Amazon shares trade at around 33x recent earnings.

That's relatively high compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The high P/E ratio could mean that investors are optimistic about the outlook for the shares or simply that they're over-valued.

Amazon's PEG ratio

Amazon's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 1.8381. 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 Amazon's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.

Amazon's EBITDA

Amazon's EBITDA (earnings before interest, taxes, depreciation and amortisation) is US$139.7 billion (£105.2 billion).

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

Amazon share price volatility

Over the last 12 months, Amazon's shares have ranged in value from as little as US$161.38 up to US$258.6. 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 (NASDAQ average) beta is 1, while Amazon's is 1.368. This would suggest that Amazon's shares are more volatile than the average for this exchange and represent, relatively speaking, a higher risk (but potentially also market-beating returns).

Amazon financials

TTM: trailing 12 months

Amazon share dividends

We're not expecting Amazon to pay a dividend over the next 12 months.

Amazon's environmental, social and governance track record

Environmental, social and governance (known as ESG) criteria are a set of three factors used to measure the sustainability and social impact of companies like Amazon.

When it comes to ESG scores, lower is better, and lower scores are generally associated with lower risk for would-be investors.

Amazon's total ESG risk score

Total ESG risk: 33.42

Socially conscious investors use ESG scores to screen how an investment aligns with their worldview, and Amazon's overall score of 33.42 (as at 12/31/2018) is nothing to write home about – landing it in it in the 52nd percentile of companies rated in the same sector.

ESG scores are increasingly used to estimate the level of risk a company like Amazon is exposed to within the areas of "environmental" (carbon footprint, resource use etc.), "social" (health and safety, human rights etc.), and "governance" (anti-corruption, tax transparency etc.).

Amazon's environmental score

Environmental score: 10.63/100

Amazon's environmental score of 10.63 puts it squarely in the 7th percentile of companies rated in the same sector. This could suggest that Amazon is a leader in its sector terms of its environmental impact, and exposed to a lower level of risk.

Amazon's social score

Social score: 18.52/100

Amazon's social score of 18.52 puts it squarely in the 7th percentile of companies rated in the same sector. This could suggest that Amazon is a leader in its sector when it comes to taking good care of its workforce and the communities it impacts.

Amazon's governance score

Governance score: 12.78/100

Amazon's governance score puts it squarely in the 7th percentile of companies rated in the same sector. That could suggest that Amazon is a leader in its sector when it comes to responsible management and strategy, and exposed to a lower level of risk.

Amazon's controversy score

Controversy score: 3/5

ESG scores also evaluate any incidences of controversy that a company has been involved in. Amazon scored a 3 out of 5 for controversy – a middle-of-the-table result reflecting that Amazon hasn't always managed to keep its nose clean.

Environmental, social, and governance (ESG) summary

Amazon.com Inc was last rated for ESG on: 2019-01-01.

Amazon overview

Amazon.com, Inc. engages in the retail sale of consumer products, advertising, and subscriptions service through online and physical stores in North America and internationally. The company operates through three segments: North America, International, and Amazon Web Services (AWS). It also manufactures and sells electronic devices, including Kindle, fire tablets, fire TVs, echo, ring, blink, and eero; and develops and produces media content. In addition, the company offers programs that enable sellers to sell their products in its stores; and programs that allow authors, independent publishers, musicians, filmmakers, Twitch streamers, skill and app developers, and others to publish and sell content. Further, it provides compute, storage, database, analytics, machine learning, and other services, as well as advertising services through programs, such as sponsored ads, display, and video advertising. Additionally, the company offers Amazon Prime, a membership program. The company's products offered through its stores include merchandise and content purchased for resale and products offered by third-party sellers. It also provides AgentCore services, such as AgentCore Runtime, AgentCore Memory, AgentCore Observability, AgentCore Identity, AgentCore Gateway, AgentCore Browser, and AgentCore Code Interpreter. It serves consumers, sellers, developers, enterprises, content creators, advertisers, and employees. Amazon.com, Inc. was incorporated in 1994 and is headquartered in Seattle, Washington.

Frequently asked questions

• Can I buy Amazon shares directly from the company?

  No, Amazon doesn't offer direct stock purchase plans. You'll need to open a share trading account with a broker that gives you access to the US markets.

• What time does Amazon stock trade on the market?

  Amazon shares trade on the NASDAQ during US market hours – generally from 9:30am to 4:00pm Eastern Time, which corresponds to late-night or early-morning hours in Australia, depending on the time of year.

• Do I need to convert my money to USD to buy Amazon shares?

  Most Australian brokers handle the currency conversion for you, but they'll usually charge a small forex fee. If you're using a multi-currency account, you can also transfer Australian dollars to US dollars yourself before placing a trade.

• What's the minimum amount I need to invest in Amazon?

  It depends on your broker. Some offer fractional shares, meaning you can invest with a smaller amount – even less than the price of one full Amazon share – while others require you to buy at least one whole share.

• How can I track the performance of my Amazon shares?

  You can monitor your holdings through your broker's platform or follow Amazon's stock price and company updates via financial news outlets, market data websites or mobile trading apps.

• Do I need to pay tax when I sell Amazon shares?

  If you make a profit when selling your shares, you may be liable for capital gains tax in Australia. It's a good idea to speak with a tax professional to understand your specific situation and any deductions you may claim.

• Does Amazon pay dividends to shareholders?

  Currently, Amazon does not pay dividends. Instead, it reinvests profits back into the business to support growth and innovation. Investors primarily benefit through potential share price appreciation.

• Is it better to buy Amazon shares in Australia or through a US broker?

  That depends on your goals and preferences. Australian brokers make it easier to manage tax and reporting in AUD, while US brokers might offer lower commissions or a wider range of investment products. Be sure to compare fees, features and ease of use before deciding.

• What risks should I consider before buying Amazon stock?

  As with any share market investment, your capital is at risk and prices can fluctuate. Factors such as changing consumer trends, competition, global economic conditions and exchange rate movements can all impact Amazon's share price.

• Can I include Amazon shares in my super fund?

  Yes, if your super fund offers a self-managed or direct investment option that gives access to international shares, you may be able to buy Amazon stock through your superannuation account.