ASX Limited operates as a multi-asset class and integrated exchange company in Australia and internationally. More Details
Flawless balance sheet with proven track record.
Share Price & News
How has ASX's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: ASX is less volatile than 75% of Australian stocks over the past 3 months, typically moving +/- 3% a week.
Volatility Over Time: ASX's weekly volatility (3%) has been stable over the past year.
7 Day Return
AU Capital Markets
1 Year Return
AU Capital Markets
Return vs Industry: ASX underperformed the Australian Capital Markets industry which returned -0.5% over the past year.
Return vs Market: ASX exceeded the Australian Market which returned -3.1% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is ASX's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall StShareholders Of ASX (ASX:ASX) Must Be Happy With Their 121% Total Return
3 weeks ago | Simply Wall StKey Things To Watch Out For If You Are After ASX Limited's (ASX:ASX) 3.1% Dividend
2 months ago | Simply Wall StHow Much Is ASX Limited (ASX:ASX) Paying Its CEO?
Is ASX undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: ASX (A$77.2) is trading above our estimate of fair value (A$41.7)
Significantly Below Fair Value: ASX is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: ASX is poor value based on its PE Ratio (30x) compared to the AU Capital Markets industry average (25.6x).
PE vs Market: ASX is poor value based on its PE Ratio (30x) compared to the Australian market (22.8x).
Price to Earnings Growth Ratio
PEG Ratio: ASX is poor value based on its PEG Ratio (13.2x)
Price to Book Ratio
PB vs Industry: ASX is overvalued based on its PB Ratio (4x) compared to the AU Capital Markets industry average (1.3x).
How is ASX forecast to perform in the next 1 to 3 years based on estimates from 11 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: ASX's forecast earnings growth (2.3% per year) is above the savings rate (2.3%).
Earnings vs Market: ASX's earnings (2.3% per year) are forecast to grow slower than the Australian market (17.9% per year).
High Growth Earnings: ASX's earnings are forecast to grow, but not significantly.
Revenue vs Market: ASX's revenue is expected to decline over the next 3 years (-0.8% per year).
High Growth Revenue: ASX's revenue is forecast to decline over the next 3 years (-0.8% per year).
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: ASX's Return on Equity is forecast to be low in 3 years time (13.4%).
How has ASX performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: ASX has high quality earnings.
Growing Profit Margin: ASX's current net profit margins (45.5%) are higher than last year (45.2%).
Past Earnings Growth Analysis
Earnings Trend: ASX's earnings have grown by 4.5% per year over the past 5 years.
Accelerating Growth: ASX's earnings growth over the past year (1.3%) is below its 5-year average (4.5% per year).
Earnings vs Industry: ASX earnings growth over the past year (1.3%) exceeded the Capital Markets industry -13.4%.
Return on Equity
High ROE: ASX's Return on Equity (13.4%) is considered low.
How is ASX's financial position?
Financial Position Analysis
Short Term Liabilities: ASX's short term assets (A$14.6B) exceed its short term liabilities (A$13.3B).
Long Term Liabilities: ASX's short term assets (A$14.6B) exceed its long term liabilities (A$348.1M).
Debt to Equity History and Analysis
Debt Level: ASX is debt free.
Reducing Debt: ASX has not had any debt for past 5 years.
Debt Coverage: ASX has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: ASX has no debt, therefore coverage of interest payments is not a concern.
What is ASX current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: ASX's dividend (3.17%) is higher than the bottom 25% of dividend payers in the Australian market (2.07%).
High Dividend: ASX's dividend (3.17%) is low compared to the top 25% of dividend payers in the Australian market (5.12%).
Stability and Growth of Payments
Stable Dividend: ASX's dividends per share have been stable in the past 10 years.
Growing Dividend: ASX's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its high payout ratio (92.8%), ASX's dividend payments are not well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: ASX's dividends in 3 years are not forecast to be well covered by earnings (90.2% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Mr. Dominic John Stevens, BCom (Hons) has been the Chief Executive Officer and Managing Director of ASX Limited and Australian Securities Exchange Limited since August 1, 2016. Mr. Stevens has been an Exec...
CEO Compensation Analysis
Compensation vs Market: Dominic's total compensation ($USD3.00M) is about average for companies of similar size in the Australian market ($USD3.47M).
Compensation vs Earnings: Dominic's compensation has been consistent with company performance over the past year.
|MD, CEO & Executive Director||4.25yrs||AU$4.08m||0.036% |
|Chief Financial Officer||2.08yrs||AU$1.54m||0.0056% |
|Chief Operating Officer||3.83yrs||AU$1.28m||0.0063% |
|Deputy Chief Executive Officer||14.33yrs||AU$2.11m||0.023% |
|Chief Risk Officer||3.67yrs||AU$1.23m||0.0033% |
|Chief Information Officer||3.17yrs||no data||no data|
|Head of Investor Relations||no data||no data||no data|
|Group General Counsel & Company Secretary||no data||no data||no data|
|General Manager of Media & Communications||no data||no data||no data|
|GM of Company Secretariat||no data||no data||no data|
|Chief Strategy Officer||3.67yrs||no data||no data|
|Chair of Corporate Governance Council||no data||no data||no data|
Experienced Management: ASX's management team is considered experienced (3.7 years average tenure).
|MD, CEO & Executive Director||4.25yrs||AU$4.08m||0.036% |
|Independent Non-Executive Director||11.33yrs||AU$301.00k||0.0027% |
|Independent Non-Executive Chairman||8.67yrs||AU$571.00k||0.0062% |
|Independent Non Executive Director||0.83yr||AU$128.00k||0.0015% |
|Independent Non-Executive Director||5.75yrs||AU$256.00k||0.0026% |
|Independent Non Executive Director||7.75yrs||AU$256.00k||0.0026% |
|Independent Non Executive Director||8.25yrs||AU$276.00k||0.0026% |
|Independent Non-Executive Director||1.42yrs||AU$256.00k||0.0010% |
|Independent Non-Executive Director||4.25yrs||AU$256.00k||0.0026% |
|Independent Non-Executive Director||6.25yrs||AU$291.00k||0.0052% |
Experienced Board: ASX's board of directors are considered experienced (6.6 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: ASX insiders have only sold shares in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
ASX Limited's company bio, employee growth, exchange listings and data sources
- Name: ASX Limited
- Ticker: ASX
- Exchange: ASX
- Founded: 1987
- Industry: Financial Exchanges and Data
- Sector: Diversified Financials
- Market Cap: AU$14.928b
- Shares outstanding: 193.59m
- Website: https://www.asx.com.au
Number of Employees
- ASX Limited
- Exchange Centre
- 20 Bridge Street
- New South Wales
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|ASX||ASX (Australian Securities Exchange)||Yes||Ordinary Shares||AU||AUD||Oct 1998|
|ASXF.F||OTCPK (Pink Sheets LLC)||Yes||Ordinary Shares||US||USD||Oct 1998|
|ASX||CHIA (Chi-X Australia)||Yes||Ordinary Shares||AU||AUD||Oct 1998|
|AUX||DB (Deutsche Boerse AG)||Yes||Ordinary Shares||DE||EUR||Oct 1998|
|ASXF.Y||OTCPK (Pink Sheets LLC)||ADR||US||USD||Nov 2008|
ASX Limited operates as a multi-asset class and integrated exchange company in Australia and internationally. The company offers securities and derivatives exchange, and ancillary services; central counter...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/12/01 07:03|
|End of Day Share Price||2020/12/01 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.