A$5.46
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.
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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 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.
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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.
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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 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.
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Downer Edi stock price (ASX:DOW)
Use our graph to track the performance of DOW stocks over time.Downer Edi shares at a glance
52-week range | $3.5592 - $5.7608 |
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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
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% |
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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% |
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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 |
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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/ADowner 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".
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.
Downer Edi in the news
Downer EDI (ASX:DOW) Is Due To Pay A Dividend Of A$0.06
Are Investors Undervaluing Downer EDI Limited (ASX:DOW) By 40%?
Return Trends At Downer EDI (ASX:DOW) Aren't Appealing
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