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How to buy Elders (ELD) shares in Australia

Learn how to easily invest in Elders shares.

Elders is a farm products business based in Australia. Elders shares (ELD) are listed on the Australian Securities Exchange (ASX) and all prices are in Australian dollars. Elders has a trailing 12-month revenue of around $3.3 billion. If you're looking to buy shares, check out the steps below.

How to buy shares in Elders

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

Elders stock price (ASX:ELD)

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

Elders shares at a glance

Information last updated 2024-05-16.
52-week range$5.4087 - $9.965
50-day moving average $8.7026
200-day moving average $7.607
Target price$8.61
PE ratio 13
Dividend yield $0.46 (5.51%)
Earnings per share (TTM) $0.64

Compare share trading platforms

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.
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Is it a good time to buy Elders 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.

Elders price performance over time

Historical closes compared with the last close of A$8.47

1 week (2024-05-14) 2.29%
1 month (2024-04-22) 2.05%
3 months (2024-02-22) -3.20%
6 months (2023-11-22) 17.31%
1 year (2023-05-22) 22.58%
2 years (2022-05-20) -38.18%
3 years (2021-05-21) -24.91%
5 years (2019-05-22) 30.72%

Is Elders under- or over-valued?

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

Elders's P/E ratio

Elders's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 13x. In other words, Elders shares trade at around 13x 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.

Elders's EBITDA

Elders's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $169.1 million (£0.0 million).

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

Elders financials

Revenue TTM $3.3 billion
Operating margin TTM 4.81%
Gross profit TTM $639.9 million
Return on assets TTM 4.78%
Return on equity TTM 12.25%
Profit margin 3.04%
Book value 5.512
Market capitalisation $1.3 billion

TTM: trailing 12 months

Elders share dividends

79%

Dividend payout ratio: 79.19% of net profits

Recently Elders has paid out, on average, around 79.19% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 5.51% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Elders shareholders could enjoy a 5.51% return on their shares, in the form of dividend payments. In Elders's case, that would currently equate to about A$0.46 per share.

Elders'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 20 November 2023 (the "ex-dividend date").

Have Elders's shares ever split?

Elders's shares were split on a 1:10 basis on 21 December 2014. So if you had owned 10 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 Elders shares – just the quantity. However, indirectly, the new 900% higher share price could have impacted the market appetite for Elders shares which in turn could have impacted Elders's share price.

Elders share price volatility

Over the last 12 months, Elders's shares have ranged in value from as little as $5.4087 up to $9.965. 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 Elders's is 0.177. This would suggest that Elders's shares are less volatile than average (for this exchange).

Elders overview

Elders Limited provides agricultural products and services to rural and regional customers primarily in Australia. The company operates through Branch Network, Wholesale Products, and Feed and Processing Services segments. It supplies rural farm inputs, such as seeds, fertilizers, agricultural chemicals, animal health products, and general rural merchandise, as well as professional production and cropping advisory services; and provides retail services through corporate owned stores and through the Ag, Horse, and Pet brand names to independently owned member stores. The company also provides on-farm sales to third parties, regular physical, and online public livestock auctions, as well as directly sells through its owned and third-party feedlots and livestock exporters; agency services for the sale of greasy wool and grain; and brokering services for wool growers. In addition, it markets farms, stations, and lifestyle estates; residential real estate agency and property management services; and water broking and commercial real estate. Further, the company provides a range of banking and insurance products and services; and operates AuctionsPlus, an online livestock auction platform. Additionally, it is involved in grain-fed distribution, beef grass-fattening operations, cow manure processing, and irrigated corn production activities. Elders Limited was founded in 1839 and is headquartered in Adelaide, 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.

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