ASX LIMITED (ASX)
Share Price Analysis and Chart

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ASX - ASX LIMITED

FNArena Sector : Wealth Management & Investments
Year End: June
GICS Industry Group : Diversified Financials
Debt/EBITDA: 11.68
Index: ASX50 | ASX100 | ASX200 | ASX300 | ALL-ORDS

The Australian Securities Exchange is Australia's primary securities exchange. The ASX was formed in 1987 as an amalgamation of the six states securities exchanges. It oversees compliance with its operating rules and standards of corporate governance among its listed entities.

LAST PRICE CHANGE +/- CHANGE % VOLUME

$57.64

05 Dec
2023

-0.660

OPEN

$58.33

-1.13%

HIGH

$58.38

441,019

LOW

$57.13

TARGET
$60.617 5.2% upside
Franking for last dividend paid out: 100%
OTHER COMPANIES IN THE SAME SECTOR
AEF . AMP . AVC . BVS . CGF . CVW . ENN . GDC . GDG . GQG . HMC . HUB . IFL . IRE . JHG . KAM . KSL . LNK . MAF . MFG . MQG . NGI . NWL . PAC . PNI . PPS . PPT . PTM . QAL . RPL . RZI .
FNARENA'S MARKET CONSENSUS FORECASTS
ASX: 1
Title FY22
Actual		 FY23
Actual		 FY24
Forecast		 FY25
Forecast
EPS (cps) xxx 163.9 248.9 xxx
DPS (cps) xxx 228.3 214.8 xxx
EPS Growth xxx - 37.6% 51.8% xxx
DPS Growth xxx - 3.4% - 5.9% xxx
PE Ratio xxx N/A 23.7 xxx
Dividend Yield xxx N/A 3.6% xxx
Div Pay Ratio(%) xxx 139.3% 86.3% xxx

Dividend yield today if purchased 3 years ago: 2.94%

DIVIDEND YIELD CALCULATOR

Dividend Yield Today On Last Actual Payout :

 3.88

Estimated Dividend Growth
(Average Of Past Three Years)

  %

Amount Invested

 $ 

Tell Me The Dividend After This Many Years
Past performance is no guarantee for the future. Investors should take into account that heavy swings in share price or exceptional circumstances (a la 2009) can have a significant impact on short term calculations and averages

Last ex-div: 07/09 - ex-div 112.1c (franking 100%)

HISTORICAL DATA ARE ALL IN AUD
Copyright © 2023 FactSet UK Limited. All rights reserved
Title 201820192020202120222023
EPS Basic xxxxxxxxxxxxxxx163.9
DPS All xxxxxxxxxxxxxxx228.3
Sales/Revenue xxxxxxxxxxxxxxx1,419.8 M
Book Value Per Share xxxxxxxxxxxxxxx1,880.7
Net Operating Cash Flow xxxxxxxxxxxxxxx-440.7 M
Net Profit Margin xxxxxxxxxxxxxxx22.35 %

EPS Basic

DPS All

Sales/Revenue

Book Value Per Share

Net Operating Cash Flow

Net Profit Margin

Title 201820192020202120222023
Return on Capital Employed xxxxxxxxxxxxxxx8.52 %
Return on Invested Capital xxxxxxxxxxxxxxx7.98 %
Return on Assets xxxxxxxxxxxxxxx1.81 %
Return on Equity xxxxxxxxxxxxxxx8.52 %
Return on Total Capital xxxxxxxxxxxxxxx6.15 %
Free Cash Flow ex dividends xxxxxxxxxxxxxxx-1,001.1 M

Return on Capital Employed

Return on Invested Capital

Return on Assets

Return on Equity

Return on Total Capital

Free Cash Flow ex dividends

Title 201820192020202120222023
Short-Term Debt xxxxxxxxxxxxxxx12,106 M
Long Term Debt xxxxxxxxxxxxxxx248 M
Total Debt xxxxxxxxxxxxxxx12,354 M
Goodwill - Gross xxxxxxxxxxxxxxx2,318 M
Cash & Equivalents - Generic xxxxxxxxxxxxxxx13,457 M
Price To Book Value xxxxxxxxxxxxxxx3.35

Short-Term Debt

Long Term Debt

Total Debt

Goodwill - Gross

Cash & Equivalents - Generic

Price To Book Value

Title 201820192020202120222023
Capex xxxxxxxxxxxxxxx103.1 M
Capex % of Sales xxxxxxxxxxxxxxx7.26 %
Cost of Goods Sold xxxxxxxxxxxxxxx39 M
Selling, General & Admin. Exp & Other xxxxxxxxxxxxxxx362 M
Research & Development xxxxxxxxxxxxxxx-
Investments - Total xxxxxxxxxxxxxxx30 M

Capex

Capex % of Sales

Cost of Goods Sold

Selling, General & Admin. Exp & Other

Research & Development

Investments - Total

EXPERT VIEWS
Display All Commentary

Sentiment Indicator

-0.1

No. Of Recommendations

6
BROKER DATE RATING RECOMMENDATION TARGET PRICE % TO REACH TARGET COMMENTARY

Morgan Stanley

xx/xx/xxxx

5

xxxxxxxxxxx

$xx.xx

xx.xx%

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Citi

xx/xx/xxxx

3

xxxxxxx

$xx.xx

xx.xx%

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UBS

xx/xx/xxxx

5

xxxx

$xx.xx

xx.xx%

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Ord Minnett

20/10/2023

2

Accumulate

$72.50

25.78%

The analyst at Ord Minnett came away from the AGM impressed by the determination of ASX management to correct past mistakes. Leadership is being refreshed and management incentives revised, notes the broker.

Most importantly, according to Ord Minnett, the company is investing heavily into its technology systems. It's felt the market's focus on near-term expenses and capital expenditure growth is overdone. 

Current expenditure on exchange technology should be considered a pull-forward of investment from future years, in the broker's opinion.

The Accumulate rating and $72.50 target are unchanged.

FORECAST
Ord Minnett forecasts a full year FY24 dividend of 210.00 cents and EPS of 233.50 cents.
Ord Minnett forecasts a full year FY25 dividend of 217.00 cents and EPS of 255.60 cents.

Morgans

xx/xx/xxxx

3

xxxx

$xx.xx

xx.xx%

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Login above or Get a Free Trial

Macquarie

xx/xx/xxxx

1

xxxxxxxxxx

$xx.xx

xx.xx%

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Access Stockbroker Research History >

ASX STOCK CHART

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Nov 08 2023 - Rudi's View

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