Added to YB: 2026-06-04
Pitch date: 2026-06-02
ASX.AX [neutral]
ASX Limited
+1.34%
current return
Author Info
No bio for this author
Company Info
ASX Limited operates as a multi-asset class and integrated exchange company in Australia and internationally.
Market Cap
AUD 9.1B
Pitch Price
AUD 46.17
Price Target
N/A
Dividend
4.77%
EV/EBITDA
6.67
P/E
17.39
EV/Sales
3.82
Sector
Capital Markets
Category
value
ASX Limited could be hidden value
ASX.AX (needs more research): Australia's dominant financial market infrastructure monopoly (listing, trading, clearing, settlement, data) at 8x P/S (vs 11x mean), 4.2% div yield (vs 3.7%). Sold off on bungled 10yr CHESS upgrade, ASIC scrutiny, court case & new competitor licenses. Cost +12% of prior profit, ROE -0.5%. Superannuation tailwind. Interesting, needs deeper research.
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