Finder makes money from featured partners, but editorial opinions are our own.

How to buy Downer Edi (DOW) shares in Australia

Learn how to easily invest in Downer Edi shares.

Downer Edi is an engineering & construction business based in Australia. Downer Edi shares (DOW) are listed on the Australian Securities Exchange (ASX) and all prices are in Australian dollars. Downer Edi has a trailing 12-month revenue of around $11 billion. If you're looking to buy shares, check out the steps below.

How to buy shares in Downer Edi

To buy shares listed in Australia such as Downer Edi, 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.

  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 Downer Edi.
    Find the share by name or ticker symbol: DOW. 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 Downer Edi 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 Downer Edi. 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.

Downer Edi stock price (ASX:DOW)

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

Downer Edi shares at a glance

Information last updated 2024-10-05.
52-week range$3.5592 - $5.7608
50-day moving average $5.1992
200-day moving average $4.8204
Target price$4.75
PE ratio 54
Dividend yield $0.17 (3.15%)
Earnings per share (TTM) $0.1

Where to buy Downer Edi shares

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.
Name Product AUFST Standard brokerage fee Inactivity fee Asset class
eToro
Exclusive
eToro
US$2
US$10 per month if there’s been no log-in for 12 months
ASX shares, Global shares, US shares, ETFs
Exclusive: Get 12 months of investment tracking app Delta PRO for free when you fund your eToro account. T&Cs apply.
Trade stocks, commodities and currencies from the one account and get access to social trading.
Tiger Brokers
Finder AwardExclusive
Tiger Brokers
$2.99
$0
ASX shares, Global shares, Options trading, US shares, ETFs
Finder exclusive: Get 10 no-brokerage US or ASX trades in the first 180 days, plus US$30 NVDA shares (+US$30 TSLA shares ) when you deposit AU$2000 or more. Get 7% p.a. on uninvested cash for 30 days. T&Cs apply.
Trade US, Asian and CHESS-sponsored ASX stocks and US options.
CMC Invest
Finder Award
CMC Invest
$0
$0
ASX shares, Global shares, Options trading, US shares, ETFs
$0 brokerage on US, UK, Canadian and Japanese markets (FX spreads apply).
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).
Moomoo Share Trading
$3
$0
ASX shares, Global shares, Options trading, US shares, ETFs
Finder exclusive: Unlock up to AUD$4,000 AND US$4,000 in $0 brokerage over 60 days. T&Cs apply.
Trade US, Asian and CHESS-sponsored ASX stocks and get access to social trading
loading

Is it a good time to buy Downer Edi 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.

Downer Edi price performance over time

Historical closes compared with the last close of A$5.46

1 week (2024-09-30) -0.36%
1 month (2024-09-06) -1.97%
3 months (2024-07-08) 14.23%
6 months (2024-04-08) 12.35%
1 year (2023-10-06) 38.93%
2 years (2022-10-07) 18.18%
3 years (2021-10-08) -19.23%
5 years (2019-10-08) -28.06%

Is Downer Edi under- or over-valued?

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

Downer Edi's P/E ratio

Downer Edi's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 54x. In other words, Downer Edi shares trade at around 54x 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.

Downer Edi's PEG ratio

Downer Edi's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 10.24. 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 Downer Edi's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.

Downer Edi's EBITDA

Downer Edi's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $429.5 million (£0.0 million).

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

Downer Edi financials

Revenue TTM $11 billion
Operating margin TTM 2.88%
Gross profit TTM $1.2 billion
Return on assets TTM 2.53%
Return on equity TTM 3.61%
Profit margin 0.63%
Book value 3.104
Market capitalisation $3.7 billion

TTM: trailing 12 months

N/A

Downer Edi share dividends

Dividend payout ratio: 135.92% of net profits

Recently Downer Edi has paid out, on average, around 135.92% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 3.15% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Downer Edi shareholders could enjoy a 3.15% return on their shares, in the form of dividend payments. In Downer Edi's case, that would currently equate to about A$0.17 per share.

Downer Edi'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 12 September 2024 (the "ex-dividend date").

Have Downer Edi's shares ever split?

Downer Edi's shares were split on a 1:4 basis on 20 November 2003. So if you had owned 4 shares the day before the split, the next day you would own 1 share. This wouldn't directly have changed the overall worth of your Downer Edi shares – just the quantity. However, indirectly, the new 300% higher share price could have impacted the market appetite for Downer Edi shares which in turn could have impacted Downer Edi's share price.

Downer Edi share price volatility

Over the last 12 months, Downer Edi's shares have ranged in value from as little as $3.5592 up to $5.7608. A popular way to gauge a stock's volatility is its "beta".

DOW.AU volatility(beta: 1.66)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 Downer Edi's is 1.663. This would suggest that Downer Edi's shares are more volatile than the average for this exchange and represent, relatively speaking, a higher risk (but potentially also market-beating returns).

Downer Edi overview

Downer EDI Limited operates as an integrated facilities management services provider in Australia and New Zealand. It operates through Transport, Utilities, and Facilities segments. The company offers road network management, routine road maintenance, asset management systems, spray sealing, asphalt laying, and manufacturing and supply of bitumen-based products, asphalt products, landfill diversion solutions, and rollingstock to infrastructure services, as well as building and construction solutions, such as signalling, track and station works, bridges, airports, and roads. It also designs and manufactures life-support services comprising fleet maintenance, operations, and comprehensive overhaul of assets; operates power, gas, water, and telecommunications businesses, which includes planning, designing, constructing, operating, maintaining, managing, and decommissioning of power and gas network assets. In addition, it offers water lifecycle solutions for municipal and industrial water users, including water and wastewater treatment, network construction and rehabilitation services; and end-to-end technology and communications solutions, such as design, civil and network construction, as well as operates and maintains fiber, copper, and radio networks. Further, the company provides outsourced facility services, including technical and engineering services; maintenance and asset management, such as shutdowns, turnaround, and outage delivery; operations maintenance, refrigeration solutions, and ongoing management; and feasibility studies; engineering design; procurement and construction; commissioning and decommissioning services, as well as engages in the design and manufacture of mineral process equipment. Downer EDI Limited was incorporated in 1989 and is headquartered in Sydney, Australia.

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.

More guides on Finder

Ask a question

You are about to post a question on finder.com.au:

  • Do not enter personal information (eg. surname, phone number, bank details) as your question will be made public
  • finder.com.au is a financial comparison and information service, not a bank or product provider
  • We cannot provide you with personal advice or recommendations
  • Your answer might already be waiting – check previous questions below to see if yours has already been asked

Finder only provides general advice and factual information, so consider your own circumstances, or seek advice before you decide to act on our content. By submitting a question, you're accepting our Terms Of Service and Finder Group Privacy & Cookies Policy.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Go to site