A$4.92
Atlas Arteria is an infrastructure operations business based in Australia. Atlas Arteria shares (ALX) are listed on the Australian Securities Exchange (ASX) and all prices are in Australian dollars. Atlas Arteria has a trailing 12-month revenue of around $140.1 million. If you're looking to buy shares, check out the steps below.
How to buy shares in Atlas Arteria
To buy shares listed in Australia such as Atlas Arteria, 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 Atlas Arteria. Find the share by name or ticker symbol: ALX. 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 Atlas Arteria 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 Atlas Arteria. 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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Atlas Arteria stock price (ASX:ALX)
Use our graph to track the performance of ALX stocks over time.Atlas Arteria shares at a glance
52-week range | $4.68 - $5.8427 |
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50-day moving average | $5.0986 |
200-day moving average | $5.3158 |
Target price | $5.56 |
PE ratio | 23.8571 |
Dividend yield | $0.4 (7.98%) |
Earnings per share (TTM) | $0.21 |
Where to buy Atlas Arteria shares
Is it a good time to buy Atlas Arteria 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.
Atlas Arteria price performance over time
Historical closes compared with the last close of A$5.01
1 week (2024-09-05) | 0.80% |
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1 month (2024-08-15) | -3.65% |
3 months (2024-06-14) | 4.16% |
6 months (2024-03-15) | -4.21% |
1 year (2023-09-15) | -16.50% |
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2 years (2022-09-15) | -31.35% |
3 years (2021-09-15) | -24.21% |
5 years (2019-09-13) | -34.59% |
Is Atlas Arteria under- or over-valued?
Valuing Atlas Arteria stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Atlas Arteria's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
Atlas Arteria's P/E ratio
Atlas Arteria's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 24x. In other words, Atlas Arteria shares trade at around 24x 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.
Atlas Arteria's EBITDA
Atlas Arteria's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $62.7 million (£32 million).
The EBITDA is a measure of a Atlas Arteria's overall financial performance and is widely used to measure stock profitability.
Atlas Arteria financials
Revenue TTM | $140.1 million |
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Gross profit TTM | $368.7 million |
Return on assets TTM | -0.06% |
Return on equity TTM | 3.7% |
Profit margin | 214.28% |
Book value | 4.194 |
Market capitalisation | $7.3 billion |
TTM: trailing 12 months
Atlas Arteria share dividends
Dividend payout ratio: 194.17% of net profits
Recently Atlas Arteria has paid out, on average, around 194.17% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 7.98% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Atlas Arteria shareholders could enjoy a 7.98% return on their shares, in the form of dividend payments. In Atlas Arteria's case, that would currently equate to about A$0.4 per share.
Atlas Arteria'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 25 March 2024 (the "ex-dividend date").
Atlas Arteria share price volatility
Over the last 12 months, Atlas Arteria's shares have ranged in value from as little as $4.68 up to $5.8427. 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 Atlas Arteria's is 0.782. This would suggest that Atlas Arteria's shares are less volatile than average (for this exchange).
Atlas Arteria overview
Atlas Arteria Limited owns, develops, and operates toll roads. It holds a 31.14% of interest in the APRR and A79 and 31.17% interest in the ADELAC located in France; 100% interest in the Warnow Tunnel located in Rostock, Germany; 66.67% interest in the Chicago Skyway situated in Chicago and 100% interest in the Dulles Greenway located in Virginia, United States. The company was formerly known as Macquarie Atlas Roads Limited and changed its name to Atlas Arteria Limited in May 2018. Atlas Arteria Limited was incorporated in 2009 and is based in Melbourne, Australia.
Atlas Arteria in the news
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