ASX LIMITED (ASX)
Share Price Analysis and Chart

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ASX

ASX - ASX LIMITED

FNArena Sector : Wealth Management & Investments
Year End: June
GICS Industry Group : Diversified Financials
Debt/EBITDA: 10.31
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

$69.79

04 Jul
2025

0.000

OPEN

$70.16

0.000

HIGH

$70.75

305,054

LOW

$69.79

TARGET
$66.083 -5.3% downside
Franking for last dividend paid out: 100%
OTHER COMPANIES IN THE SAME SECTOR
AEF . AMP . BVS . CGF . CVW . DJW . ENN . GDG . GQG . HMC . HUB . IFL . IFT . IRE . KAM . KSL . MAF . MFG . MQG . NGI . NWL . PAC . PNI . PPS . PPT . PTM . QAL . RPL . RZI . WHF .
FNARENA'S MARKET CONSENSUS FORECASTS
ASX: 1
Title FY23
Actual		 FY24
Actual		 FY25
Forecast		 FY26
Forecast
EPS (cps) xxx 244.8 264.2 xxx
DPS (cps) xxx 208.0 223.2 xxx
EPS Growth xxx 49.4% 7.9% xxx
DPS Growth xxx - 8.9% 7.3% xxx
PE Ratio xxx N/A 26.4 xxx
Dividend Yield xxx N/A 3.2% xxx
Div Pay Ratio(%) xxx 85.0% 84.5% xxx

Dividend yield today if purchased 3 years ago: 2.47%

DIVIDEND YIELD CALCULATOR

Dividend Yield Today On Last Actual Payout :

 2.98

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: 21/08 - ex-div 106.80c (franking 100%)

HISTORICAL DATA ARE ALL IN AUD
Copyright © 2025 FactSet UK Limited. All rights reserved
Title 201920202021202220232024
EPS Basic xxxxxxxxxxxxxxx244.8
DPS All xxxxxxxxxxxxxxx208.0
Sales/Revenue xxxxxxxxxxxxxxx1,590.7 M
Book Value Per Share xxxxxxxxxxxxxxx1,921.2
Net Operating Cash Flow xxxxxxxxxxxxxxx682.2 M
Net Profit Margin xxxxxxxxxxxxxxx29.81 %

EPS Basic

DPS All

Sales/Revenue

Book Value Per Share

Net Operating Cash Flow

Net Profit Margin

Title 201920202021202220232024
Return on Capital Employed xxxxxxxxxxxxxxx12.88 %
Return on Invested Capital xxxxxxxxxxxxxxx11.66 %
Return on Assets xxxxxxxxxxxxxxx2.81 %
Return on Equity xxxxxxxxxxxxxxx12.88 %
Return on Total Capital xxxxxxxxxxxxxxx7.21 %
Free Cash Flow ex dividends xxxxxxxxxxxxxxx153.8 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 201920202021202220232024
Short-Term Debt xxxxxxxxxxxxxxx11,786 M
Long Term Debt xxxxxxxxxxxxxxx523 M
Total Debt xxxxxxxxxxxxxxx12,309 M
Goodwill - Gross xxxxxxxxxxxxxxx2,318 M
Cash & Equivalents - Generic xxxxxxxxxxxxxxx13,403 M
Price To Book Value xxxxxxxxxxxxxxx3.12

Short-Term Debt

Long Term Debt

Total Debt

Goodwill - Gross

Cash & Equivalents - Generic

Price To Book Value

Title 201920202021202220232024
Capex xxxxxxxxxxxxxxx137.8 M
Capex % of Sales xxxxxxxxxxxxxxx8.66 %
Cost of Goods Sold xxxxxxxxxxxxxxx40 M
Selling, General & Admin. Exp & Other xxxxxxxxxxxxxxx396 M
Research & Development xxxxxxxxxxxxxxx-
Investments - Total xxxxxxxxxxxxxxx17 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

-0.4

No. Of Recommendations

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

Macquarie

xx/xx/xxxx

3

xxxxxxx

$xx.xx

xx.xx%

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Morgan Stanley

xx/xx/xxxx

5

xxxxxxxxxxx

$xx.xx

xx.xx%

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Morgans

xx/xx/xxxx

3

xxxxxxx xx xxxx xxxx xxxx

$xx.xx

xx.xx%

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Citi

13/06/2025

3

Neutral

$71.60

2.59%

The ASX's investor update revealed higher depreciation and amortisation starting in FY26 by -$20m, which is above Citi analyst's forecast.

Operating cost growth at around 5.5% for FY25 and between 4% and 7% for FY26 sits slightly above the broker's expectations, with around 2% due to regulatory costs related to the company's Accelerate program.

Citi tweaks EPS forecasts lower by -2% for FY26 and FY27 and views the stock as "fairly inexpensive" given the regulatory risks overhanging the company.

The rating is highlighted as a weak Neutral. Target lifted to $71.60 from $71.20.

FORECAST
Citi forecasts a full year FY25 dividend of 218.90 cents and EPS of 265.10 cents.
Citi forecasts a full year FY26 dividend of 217.50 cents and EPS of 271.60 cents.

UBS

xx/xx/xxxx

5

xxxx

$xx.xx

xx.xx%

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Ord Minnett

xx/xx/xxxx

4

xxxxxxx

$xx.xx

xx.xx%

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Access Stockbroker Research History >
EXTRA COVERAGE
Display All Commentary

No. Of Recommendations

1

Please note: unlike Broker Call Report, BC Extra is not updated daily. The info you see might not be the latest. FNArena does its best to update ASAP.

BROKER DATE RATING RECOMMENDATION TARGET PRICE % TO REACH TARGET COMMENTARY

Jarden

16/06/2025

3

Neutral

$68.25

-2.21%

Jarden notes ASX's five-year strategic plan centred on technology updates and cost profile, and the higher D&A expenses in the medium term imply pressure on EBIT margins.

The FY25 cost growth is expected to be within the 6-9% guidance range, but the FY26 guidance was above the consensus estimate.

On the positive side, the company said its new pricing policy allows it to target the historical return of 11.5% on capital by adjusting fees charged to customers.

The broker incorporated updated cost assumptions and revenue drivers, resulting in a 2.9% lift to FY25 EPS and a 1.1% rise to FY26.

Neutral. Target rises to $68.25 from $62.55.

FORECAST
Jarden forecasts a full year FY25 dividend of 223.30 cents and EPS of 262.90 cents.
Jarden forecasts a full year FY26 dividend of 227.70 cents and EPS of 267.90 cents.
Access Extra Coverage Research History >

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