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How to buy Caltex Australia shares

Caltex now trades under the brand Ampol - here's how you can invest.

Caltex Australia is a major oil & gas refining business based in Australia. In 2020, Caltex rebranded to Ampol and its shares were listed under the new ticker ALD on the Australian Securities Exchange (ASX) (prev. CTX). If you're looking to buy shares, check out the steps below.

How to buy shares in Caltex Australia

To buy shares listed in Australia such as Caltex Australia , 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 Caltex Australia .
    Find the share by name or ticker symbol: ALD. 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 Caltex Australia 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 Caltex Australia . 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.

Caltex Australia stock price (ASX:ALD)

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

Caltex Australia shares at a glance

Information last updated 2024-04-11.
52-week range$27.3778 - $42.35
50-day moving average $38.5044
200-day moving average $34.8661
Target price$39.02
PE ratio 17.2917
Dividend yield $2.15 (5.4%)
Earnings per share (TTM) $2.28

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Is it a good time to buy Caltex Australia 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.

Caltex Australia price performance over time

Historical closes compared with the last close of A$39.05

1 week (2024-04-08) -4.83%
1 month (2024-03-15) 2.36%
3 months (2024-01-16) 8.17%
6 months (2023-10-16) 22.80%
1 year (2023-04-14) 25.93%
2 years (2022-04-14) 22.34%
3 years (2021-04-16) 50.77%
5 years (2019-04-16) 46.47%

Is Caltex Australia under- or over-valued?

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

Caltex Australia 's P/E ratio

Caltex Australia 's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 17x. In other words, Caltex Australia shares trade at around 17x 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.

Caltex Australia 's EBITDA

Caltex Australia 's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $1.3 billion (£0.0 million).

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

Caltex Australia financials

Revenue TTM $37.7 billion
Operating margin TTM 4.12%
Gross profit TTM $2.8 billion
Return on assets TTM 4.77%
Return on equity TTM 14.95%
Profit margin 1.46%
Book value 14.935
Market capitalisation $9.4 billion

TTM: trailing 12 months

Caltex Australia '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 Caltex Australia .

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

Caltex Australia 's total ESG risk score

Total ESG risk: 32.03

Socially conscious investors use ESG scores to screen how an investment aligns with their worldview, and Caltex Australia 's overall score of 32.03 (as at 12/31/2018) is pretty weak – landing it in it in the 67th percentile of companies rated in the same sector.

ESG scores are increasingly used to estimate the level of risk a company like Caltex Australia 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.).

Caltex Australia 's environmental score

Environmental score: 15.25/100

Caltex Australia 's social score

Social score: 7.16/100

Caltex Australia 's governance score

Governance score: 5.11/100

Caltex Australia 's controversy score

Controversy score: 1/5

ESG scores also evaluate any incidences of controversy that a company has been involved in. Caltex Australia scored a 1 out of 5 for controversy – the highest score possible, reflecting that Caltex Australia has managed to keep its nose clean.

Environmental, social, and governance (ESG) summary

Ampol Ltd was last rated for ESG on: 2019-01-01.

Total ESG score 32.03
Total ESG percentile 67.25
Environmental score 15.25
Social score 7.16
Governance score 5.11
Level of controversy 1

Caltex Australia share dividends

88%

Dividend payout ratio: 88.17% of net profits

Recently Caltex Australia has paid out, on average, around 88.17% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 5.4% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Caltex Australia shareholders could enjoy a 5.4% return on their shares, in the form of dividend payments. In Caltex Australia 's case, that would currently equate to about A$2.15 per share.

Caltex Australia '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 29 February 2024 (the "ex-dividend date").

Have Caltex Australia 's shares ever split?

Caltex Australia 's shares were split on 5 April 1998.

Caltex Australia share price volatility

Over the last 12 months, Caltex Australia 's shares have ranged in value from as little as $27.3778 up to $42.35. A popular way to gauge a stock's volatility is its "beta".

ALD.AU volatility(beta: 0.73)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 Caltex Australia 's is 0.733. This would suggest that Caltex Australia 's shares are less volatile than average (for this exchange).

Caltex Australia overview

Ampol Limited purchases, refines, distributes, and markets petroleum products in Australia, New Zealand, Singapore, and the United States. The company operates through Convenience Retail, Z Energy, and Fuels and Infrastructure segments. The Convenience Retail segment sells fuels through Ampol's network of stores. The Fuels and Infrastructure segment wholesales fuels and lubricant supplies. The Z Energy segment distributes fuel in the New Zealand market. It distributes its products through depots, terminals, pipelines, and service station sites. The company sells fuels to various customers in defense, mining, transport, marine, agriculture, aviation, and other commercial and industrial sectors. The company was formerly known as Caltex Australia Limited and changed its name to Ampol Limited in May 2020. The company was founded in 1900 and is headquartered in Alexandria, Australia.

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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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2 Responses

    Default Gravatar
    JNovember 14, 2023

    why cant i get caltex when i put the code in ctx nothing comes up on the asx comsec site

      AvatarFinder
      KylieDecember 4, 2023Finder

      Hi J,
      In 2020 Caltex switched its branding to Ampol with the ticker code ALD. Apologies for the confusion – our ‘How to buy Caltex shares’ guide will be updated to reflect this change.

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