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How to buy Megaport (MP1) shares in Australia

Learn how to easily invest in Megaport shares.

Megaport is a software - infrastructure business based in Australia. Megaport shares (MP1) are listed on the Australian Securities Exchange (ASX) and all prices are in Australian dollars. Megaport has a trailing 12-month revenue of around $177.5 million. If you're looking to buy shares, check out the steps below.

How to buy shares in Megaport

To buy shares listed in Australia such as Megaport, 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 Megaport.
    Find the share by name or ticker symbol: MP1. 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 Megaport 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 Megaport. 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.

Megaport stock price (ASX:MP1)

Use our graph to track the performance of MP1 stocks over time.

Megaport shares at a glance

Information last updated 2024-07-18.
52-week range$8.47 - $15.65
50-day moving average $12.7422
200-day moving average $12.1057
Target price$15.26
PE ratio 189.75
Dividend yield N/A (0%)
Earnings per share (TTM) $0.06

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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 Megaport 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.

Megaport price performance over time

Historical closes compared with the last close of A$11.15

1 week (2024-07-18) -3.80%
1 month (2024-06-25) -4.86%
3 months (2024-04-24) -21.97%
6 months (2024-01-25) 18.24%
1 year (2023-07-25) 19.89%
2 years (2022-07-25) 26.85%
3 years (2021-07-23) -31.26%
5 years (2019-07-25) 48.67%

Is Megaport under- or over-valued?

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

Megaport's P/E ratio

Megaport's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 190x. In other words, Megaport shares trade at around 190x 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.

Megaport's EBITDA

Megaport's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $20.1 million (£0.0 million).

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

Megaport financials

Revenue TTM $177.5 million
Operating margin TTM 5.71%
Gross profit TTM $103.9 million
Return on assets TTM 1.14%
Return on equity TTM 5.98%
Profit margin 4.59%
Book value 0.909
Market capitalisation $1.8 billion

TTM: trailing 12 months

Megaport share dividends

We're not expecting Megaport to pay a dividend over the next 12 months.

Megaport share price volatility

Over the last 12 months, Megaport's shares have ranged in value from as little as $8.47 up to $15.65. A popular way to gauge a stock's volatility is its "beta".

MP1.AU volatility(beta: 0.98)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 Megaport's is 0.981. This would suggest that Megaport's shares are less volatile than average (for this exchange).

Megaport overview

Megaport Limited provides elastic interconnection services to the enterprises and service providers in Australia, New Zealand, Hong Kong, Singapore, Japan, North America, and Europe. It operates a platform that enables customers to connect their network to other services, as well as creates agile network that connects in multiple regions. The company also offers Megaport Virtual Edge, an on-demand and vendor-neutral Network Function Virtualization service that provides virtual infrastructure for network services at the edge of Megaport's global software-defined network; internet exchange services; and Megaport Marketplace, an online hub the interconnects service providers and enterprise customers. In addition, it provides cloud connectivity solutions and virtual routing for cloud networking. The company was founded in 2013 and is headquartered in Fortitude Valley, 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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