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
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

$49.66

24 Mar
2026

0.560

OPEN

$49.78

1.14%

HIGH

$49.90

739,898

LOW

$49.22

TARGET
$55.958 12.7% upside
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 . QAL . RPL . RZI . WHF .
FNARENA'S MARKET CONSENSUS FORECASTS
ASX: 1
Title FY24
Actual		 FY25
Actual		 FY26
Forecast		 FY27
Forecast
EPS (cps) xxx 259.1 264.7 xxx
DPS (cps) xxx 223.3 198.6 xxx
EPS Growth xxx 5.8% 2.2% xxx
DPS Growth xxx 7.4% - 11.1% xxx
PE Ratio xxx N/A N/A xxx
Dividend Yield xxx N/A N/A xxx
Div Pay Ratio(%) xxx 86.2% 75.0% xxx

Dividend yield today if purchased 3 years ago: 3.41%

DIVIDEND YIELD CALCULATOR

Dividend Yield Today On Last Actual Payout :

 4.33

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: 22/08 - ex-div 112.10c (franking 100%)

HISTORICAL DATA ARE ALL IN AUD
Copyright © 2026 FactSet UK Limited. All rights reserved
Title 202020212022202320242025
EPS Basic xxxxxxxxxxxxxxx259.1
DPS All xxxxxxxxxxxxxxx223.3
Sales/Revenue xxxxxxxxxxxxxxx1,712.1 M
Book Value Per Share xxxxxxxxxxxxxxx1,993.2
Net Operating Cash Flow xxxxxxxxxxxxxxx1,021.6 M
Net Profit Margin xxxxxxxxxxxxxxx29.36 %

EPS Basic

DPS All

Sales/Revenue

Book Value Per Share

Net Operating Cash Flow

Net Profit Margin

Title 202020212022202320242025
Return on Capital Employed xxxxxxxxxxxxxxx13.23 %
Return on Invested Capital xxxxxxxxxxxxxxx11.66 %
Return on Assets xxxxxxxxxxxxxxx2.92 %
Return on Equity xxxxxxxxxxxxxxx13.23 %
Return on Total Capital xxxxxxxxxxxxxxx7.52 %
Free Cash Flow ex dividends xxxxxxxxxxxxxxx454.6 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 202020212022202320242025
Short-Term Debt xxxxxxxxxxxxxxx12,285 M
Long Term Debt xxxxxxxxxxxxxxx501 M
Total Debt xxxxxxxxxxxxxxx12,785 M
Goodwill - Gross xxxxxxxxxxxxxxx2,318 M
Cash & Equivalents - Generic xxxxxxxxxxxxxxx13,904 M
Price To Book Value xxxxxxxxxxxxxxx3.50

Short-Term Debt

Long Term Debt

Total Debt

Goodwill - Gross

Cash & Equivalents - Generic

Price To Book Value

Title 202020212022202320242025
Capex xxxxxxxxxxxxxxx171.9 M
Capex % of Sales xxxxxxxxxxxxxxx10.04 %
Cost of Goods Sold xxxxxxxxxxxxxxx49 M
Selling, General & Admin. Exp & Other xxxxxxxxxxxxxxx434 M
Research & Development xxxxxxxxxxxxxxx-
Investments - Total xxxxxxxxxxxxxxx25 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

-0.2

No. Of Recommendations

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

Ord Minnett

xx/xx/xxxx

3

xxxx

$xx.xx

xx.xx%

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Macquarie

xx/xx/xxxx

3

xxxxxxx

$xx.xx

xx.xx%

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Login above or Get a Free Trial

UBS

xx/xx/xxxx

3

xxxxxxx

$xx.xx

xx.xx%

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Morgan Stanley

16/02/2026

5

Underweight

$49.05

-1.23%

Morgan Stanley has become more positive about the revenue outlook for ASX, believing the local bourse can sustain double-digit growth in the second half and cement 11% revenue growth for FY26 before moderating to 5% in FY27.

Rate futures volume growth is expected to slow and fees per contract rebound. Stronger markets are a tailwind, yet the broker warns a rebound in IPOs/secondary activity does not immediately support earnings.

With a change in CEO and no clear successor, there is also uncertainty around FY27 cost guidance.

Target is raised to $49.05 from $46.65. Underweight retained. Industry view: In-Line.

FORECAST
Morgan Stanley forecasts a full year FY26 dividend of 200.10 cents and EPS of 266.70 cents.
Morgan Stanley forecasts a full year FY27 dividend of 210.40 cents and EPS of 271.70 cents.

Citi

xx/xx/xxxx

3

xxxxxxx

$xx.xx

xx.xx%

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Morgans

xx/xx/xxxx

3

xxxx

$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

18/03/2026

3

Neutral

$57.15

15.08%

The Nasdaq exchange has announced an equity token design integrating blockchain records into the issuer’s official share registry, with token transfers carrying full legal equivalence to underlying securities.

The ASX faces emerging opportunities and constraints from tokenisation trends, with Jarden highlighting tension between issuer-sponsored and custodial models.

The broker notes the Depository Trust & Clearing Corporation (DTCC) model may capture significant volume via existing infrastructure, while CHESS and ASIC oversight could limit near-term ASX participation.

The analysts see risks from platforms such as Kraken, where regulatory approval may accelerate blockchain-based activity.

Jarden retains a Neutral rating and target of $57.15 for the ASX.

FORECAST
Jarden forecasts a full year FY26 dividend of 197.00 cents and EPS of 259.00 cents.
Jarden forecasts a full year FY27 dividend of 207.00 cents and EPS of 269.00 cents.
Access Extra Coverage Research History >

ASX STOCK CHART

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