Asx Limited Intrinsic Stock Value – Investors Eye 2023 to Buy ASX LIMITED Stock
March 28, 2023
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Investors are beginning to eye 2023 as a key time to buy stocks from ASX LIMITED ($ASX:ASX). This is due to the company’s long-term growth potential, strong financials, and consistent performance in the sector. ASX LIMITED provides a variety of services, ranging from securities trading and settlement, to market data and regulatory services. With a wide range of products, the company has the capacity to deliver returns over the long-term, making it an attractive target for investors in 2023. ASX LIMITED also has a solid financial footing, with a healthy balance sheet and a reputation for generating profits. This stability and strength makes it an attractive stock for those seeking to invest in the company.
Additionally, ASX LIMITED has performed consistently in the market, with steady gains during periods of volatility. This gives investors confidence that their investments will be secure and generate returns in the coming years. With its solid financials and strong performance, the company is an attractive target for those looking to invest in the sector and secure stability over the long-term.
Market Price
On Wednesday, the company’s stock opened at AU$66.5 and closed at AU$65.8, representing a 0.2% decrease from the last closing price of 66.0. This slight drop in stock prices could be an opportunity for investors looking to purchase ASX LIMITED‘s shares at a bargain in the future. Since the start of this financial year, the stock has continued to show resilience despite some market volatility, reinforcing the confidence investors have in the company’s potential. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Asx Limited. More…
| Total Revenues | Net Income | Net Margin |
| 1.04k | 331.9 | 31.9% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Asx Limited. More…
| Operations | Investing | Financing |
| 1.21k | -131.3 | -417.9 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Asx Limited. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 15.48k | 11.85k | 18.76 |
Key Ratios Snapshot
Some of the financial key ratios for Asx Limited are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 4.8% | -11.0% | 59.1% |
| FCF Margin | ROE | ROA |
| 116.4% | 10.3% | 2.5% |
Analysis – Asx Limited Intrinsic Stock Value
At GoodWhale, we have looked into the financials of ASX LIMITED and used our proprietary Valuation Line to calculate the fair value of its share to be around AU$79.3. Currently, the stock is trading at AU$65.8, meaning that the fair value is undervalued by 17.1%. This presents investors with a good value buying opportunity for ASX LIMITED stock. More…
Peers
ASX Ltd, also known as the Australian Securities Exchange, is the primary stock exchange in Australia. NSX Ltd, B3 SA – Brasil Bolsa Balcao, and Japan Exchange Group Inc are all competitors of ASX Ltd.
– NSX Ltd ($ASX:NSX)
NSX Ltd is a market leader in providing software-defined networking (SDN) and network virtualization solutions. The company’s products enable customers to build and operate their networks more efficiently, reliably, and securely. NSX’s solutions are used by some of the world’s largest enterprises, service providers, and government organizations.
– B3 SA – Brasil Bolsa Balcao ($OTCPK:BOLSY)
Brasil Bolsa Balcao, or B3 SA, is a Brazilian stock exchange located in Sao Paulo. It is the largest exchange in Brazil and Latin America by market capitalization. The company has a market capitalization of 15.52 billion as of 2022 and a return on equity of 21.16%. B3 SA is a publicly traded company listed on the Sao Paulo Stock Exchange. The company operates in the securities, commodities, and foreign exchange markets.
– Japan Exchange Group Inc ($TSE:8697)
Japan Exchange Group Inc has a market cap of 1.04T as of 2022, a Return on Equity of 14.75%. The company operates exchanges and clearing houses for financial instruments and commodities in Japan. It also provides information technology solutions for the financial services industry.
Summary
Investors are eyeing 2023 as a potential year to invest in ASX Limited, the Australian Securities Exchange. This is due to the promising performance of the stock in recent years, with the company recording positive results across many key metrics such as revenue, net income and return on equity.
Additionally, the company has generated sustainable cash flows and remains well capitalized. Analysts have indicated that ASX Limited’s technology platform has been instrumental in driving its growth and profitability. The company has also successfully executed various initiatives that have enabled it to remain resilient in the face of challenging market conditions. As such, many investors are now looking to 2023 as a year to consider investing in ASX Limited.
