Shares in the Australian Stock Exchange, or ASX, jumped more than 10% as full-year underlying NPAT lifted 5% to AUD 536 million, driven by a 13% increase in both revenue and operating expenses. It declared a fully franked final dividend of AUD 10 cents per share.
ASX is a vertically integrated exchange with a wide moat based on network effects and intangibles.
ASX has failed to adequately secure its economic moat based on regulation and now risks increased competition and costs.
|
Metric
|
ASX
|
00388
|
S68
|
|---|---|---|---|
Price/Earnings (Normalized) | 21.72 | 25.70 | 37.60 |
Price/Book Value | 2.74 | 8.41 | 11.64 |
Price/Sales | 8.57 | 19.41 | 17.45 |
Price/Cash Flow | 41.55 | 23.08 | 32.01 |
|
Metric
|
ASX
|
00388
|
S68
|
|---|---|---|---|
Quick Ratio | 1.12 | 0.82 | 1.62 |
Current Ratio | 1.13 | 1.05 | 1.62 |
Interest Coverage | 1.53 | 3.30 | 50.31 |
|
Metric
|
ASX
|
00388
|
S68
|
|---|---|---|---|
Return on Assets (Normalized) | 3.35% | 3.66% | 17.73% |
Return on Equity (Normalized) | 13.68% | 33.51% | 33.77% |
Return on Invested Capital (Normalized) | 11.19% | 26.66% | 24.93% |
|
1-Day Chart
|
Name
|
Price
|
Morningstar Rating for Stocks
|
Capital Allocation
|
Economic Moat
|
Market Cap
|
|---|---|---|---|---|---|---|
| S&P Global Inc
SPGI
| LOCK|fqkbHf^& | LOCK|&?M | $131B | |||
| CME Group Inc Class A
CME
| LOCK|#Rh^R<% | LOCK|c^q | $101B | |||
| Intercontinental Exchange Inc
ICE
| LOCK|p<qK!&d! | LOCK|GB | $91B | |||
| Moodys Corp
MCO
| LOCK|ysNN>>S | LOCK|P$ | $85B | |||
| Nasdaq Inc
NDAQ
| LOCK|&Yz@@PL | LOCK|@#v>? | $54B | |||
| Coinbase Global Inc Ordinary Shares - Class A
COIN
| LOCK|Mqr$h^ | LOCK|lW% | $49B | |||
| MSCI Inc
MSCI
| LOCK|!#MJDSb& | LOCK|gN | $42B | |||
| Cboe Global Markets Inc
CBOE
| LOCK|gpPCLzW | LOCK|p?<b@ | $31B | |||
| TransUnion
TRU
| LOCK|YN?Nq! | LOCK|??cs | $15B | |||
| FactSet Research Systems Inc
FDS
| LOCK|Kdf#N@ | LOCK|c> | $11B |
United States