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How to buy Fletcher Building (FBU) shares in Australia

Learn how to easily invest in Fletcher Building shares.

Fletcher Building is a building materials business based in Australia. Fletcher Building shares (FBU) are listed on the Australian Securities Exchange (ASX) and all prices are in Australian dollars. Fletcher Building has a trailing 12-month revenue of around $8.4 billion. If you're looking to buy shares, check out the steps below.

How to buy shares in Fletcher Building

To buy shares listed in Australia such as Fletcher Building, 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 Fletcher Building.
    Find the share by name or ticker symbol: FBU. 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 Fletcher Building 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 Fletcher Building. 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.

Fletcher Building stock price (ASX:FBU)

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

Fletcher Building shares at a glance

Information last updated 2024-02-27.
52-week range$3.14 - $5.0892
50-day moving average $4.1322
200-day moving average $4.4382
Target price$3.98
PE ratio 187.5
Dividend yield $0.16 (7.89%)
Earnings per share (TTM) $0.02

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Is it a good time to buy Fletcher Building 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.

Fletcher Building price performance over time

Historical closes compared with the last close of A$3.87

1 week (2024-02-23) 7.20%
1 month (2024-02-01) -8.08%
3 months (2023-12-01) -10.62%
6 months (2023-09-01) -12.44%
1 year (2023-03-01) -9.79%
2 years (2022-03-01) -38.77%
3 years (2021-03-01) -36.97%
5 years (2019-03-01) -18.87%

Is Fletcher Building under- or over-valued?

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

Fletcher Building's P/E ratio

Fletcher Building's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 188x. In other words, Fletcher Building shares trade at around 188x 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.

Fletcher Building's PEG ratio

Fletcher Building's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 6.0187. 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 Fletcher Building's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.

Fletcher Building's EBITDA

Fletcher Building's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $847 million (£0.0 million).

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

Fletcher Building financials

Revenue TTM $8.4 billion
Operating margin TTM 6.07%
Gross profit TTM $2.6 billion
Return on assets TTM 4.74%
Return on equity TTM 0.97%
Profit margin 0.27%
Book value 4.314
Market capitalisation $2.9 billion

TTM: trailing 12 months

Fletcher Building share dividends

Dividend payout ratio: 1882.52% of net profits

Recently Fletcher Building has paid out, on average, around 1882.52% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 7.89% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Fletcher Building shareholders could enjoy a 7.89% return on their shares, in the form of dividend payments. In Fletcher Building's case, that would currently equate to about A$0.16 per share.

Fletcher Building'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 13 September 2023 (the "ex-dividend date").

Have Fletcher Building's shares ever split?

Fletcher Building's shares were split on a 2.3343:1 basis on 12 November 2000. So if you had owned 1 share the day before the split, the next day you would own 2.3343 shares. This wouldn't directly have changed the overall worth of your Fletcher Building shares – just the quantity. However, indirectly, the new 57.2% lower share price could have impacted the market appetite for Fletcher Building shares which in turn could have impacted Fletcher Building's share price.

Fletcher Building share price volatility

Over the last 12 months, Fletcher Building's shares have ranged in value from as little as $3.14 up to $5.0892. A popular way to gauge a stock's volatility is its "beta".

FBU.AU volatility(beta: 1.02)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 Fletcher Building's is 1.018. This would suggest that Fletcher Building's shares are a little bit more volatile than the average for this exchange and represent, relatively speaking, a slightly higher risk (but potentially also market-beating returns).

Fletcher Building overview

Fletcher Building Limited, together with its subsidiaries, manufactures and distributes building products in New Zealand, Australia, and internationally. It operates through Building Products, Distribution, Concrete, Residential and Development, Construction, and Australia segments. The Building Products segment manufactures, markets, and distributes building products used to build homes; and buildings and infrastructure, including insulations, plasterboards, laminate surfaces, and plastic and concrete piping for the commercial and residential markets. The Distribution segment distributes building, plumbing, and pipeline products under the PlaceMakers, Mico, and TUMU brands. The Concrete segment engages in the extraction of aggregates, and production of cement and concrete. The Residential and Development segment builds residential homes and apartments; and develops and sells residential and commercial land. The Construction segment builds and maintains public and commercial buildings, transport and utilities infrastructure, and buildings and infrastructure, as well as designs, constructs, and maintains roads and civil infrastructure. The Australia segment manufactures and distributes building materials, such as insulation, plasterboard, laminate surfaces, steel roofing, and plastic and concrete piping for a range of industries across Australia. The company was founded in 1909 and is headquartered in Auckland, New Zealand.

Frequently asked questions

  1. EOD price data and company information for Fletcher Building accessed 01 Mar 2024
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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