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How to buy Virgin Money (VUK) shares in Australia

Learn how to easily invest in Virgin Money shares.

Virgin Money is a banks - regional business based in Australia. Virgin Money shares (VUK) are listed on the Australian Securities Exchange (ASX) and all prices are in Australian dollars. Virgin Money has a trailing 12-month revenue of around $1.6 billion. If you're looking to buy shares, check out the steps below.

How to buy shares in Virgin Money

To buy shares listed in Australia such as Virgin Money, 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 Virgin Money.
    Find the share by name or ticker symbol: VUK. 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 Virgin Money 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 Virgin Money. 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.

Virgin Money stock price (ASX:VUK)

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

Virgin Money shares at a glance

Information last updated 2024-07-19.
52-week range$2.6694 - $4.1451
50-day moving average $4.075
200-day moving average $3.5174
Target price$3.61
PE ratio 9.3864
Dividend yield $0.04 (1.86%)
Earnings per share (TTM) $0.44

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 Virgin Money 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.

Virgin Money price performance over time

Historical closes compared with the last close of A$4.16

1 week (2024-07-16) 1.22%
1 month (2024-06-21) 2.21%
3 months (2024-04-23) 1.46%
6 months (2024-01-23) 41.98%
1 year (2023-07-21) 21.64%
2 years (2022-07-22) 67.74%
3 years (2021-07-23) 18.86%

Is Virgin Money under- or over-valued?

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

Virgin Money's P/E ratio

Virgin Money's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 9x. In other words, Virgin Money shares trade at around 9x 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.

Virgin Money's PEG ratio

Virgin Money's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 5.6717. 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 Virgin Money's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.

Virgin Money financials

Revenue TTM $1.6 billion
Operating margin TTM 37.11%
Gross profit TTM $1.7 billion
Return on assets TTM 0.33%
Return on equity TTM 5.35%
Profit margin 15.84%
Book value 3.721
Market capitalisation $5.4 billion

TTM: trailing 12 months

Virgin Money share dividends

23%

Dividend payout ratio: 23.03% of net profits

Recently Virgin Money has paid out, on average, around 23.03% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 1.86% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Virgin Money shareholders could enjoy a 1.86% return on their shares, in the form of dividend payments. In Virgin Money's case, that would currently equate to about A$0.04 per share.

While Virgin Money's payout ratio might seem low, this can signify that Virgin Money is investing more in its future growth.

The latest dividend was paid out to all shareholders who bought their shares by 26 June 2024 (the "ex-dividend date").

Virgin Money share price volatility

Over the last 12 months, Virgin Money's shares have ranged in value from as little as $2.6694 up to $4.1451. A popular way to gauge a stock's volatility is its "beta".

VUK.AU volatility(beta: 1.91)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 Virgin Money's is 1.906. This would suggest that Virgin Money's shares are more volatile than the average for this exchange and represent, relatively speaking, a higher risk (but potentially also market-beating returns).

Virgin Money overview

Virgin Money UK PLC provides banking products and services for consumers, and small and medium sized businesses under the Clydesdale Bank, Yorkshire Bank, and Virgin Money brands in the United Kingdom. The company offers savings and current accounts, mortgages, credit cards, and home loans; business loans, overdraft facilities, treasury solutions, and corporate and structured finance; risk management; asset and invoice finance services; international trade services; and home, car, and life and critical illness insurance products. It also offers online and mobile banking, and telephone banking services. The company was formerly known as CYBG PLC and changed its name to Virgin Money UK PLC in October 2019. Virgin Money UK PLC was founded in 1838 and is headquartered in Glasgow, the United Kingdom.

Virgin Money in the news

There are no recent company news

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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