Market research
AST.AU AusNet Services Ltd
AU AUD Electric Utilities
Latest close
As of 29 Dec 2024
Test a moving-average rule with historical data.
Market facts
- Market cap
- 10B
- P/E ratio
- 38.66
- Analyst target
- 2.55
- Dividend yield
- 3.6%
- Beta
- -0.19
Profile
Instrument facts
- Exchange
- AU
- Currency
- AUD
- Sector
- Electric Utilities
- Industry
- Utilities
- ISIN
- AU000000AST5
- Market cap
- 10B
- P/E ratio
- 38.66
- Analyst target
- 2.55
- Dividend yield
- 3.6%
- Beta
- -0.19
About
About AusNet Services Ltd
AusNet Services Ltd owns and operates an electricity transmission network in Australia. It operates through Electricity Distribution, Gas Distribution, Electricity Transmission, and Growth & Future Networks segments. The Electricity Distribution segment carries electricity from the high voltage transmission network to end users, including metering. The Gas Distribution segment carries natural gas to commercial and residential end users, including metering in central and western Victoria. The Electricity Transmission segment owns and manages an electricity transmission network, including transmission lines and towers, which carry electricity at high voltages from power generators to electricity distributors in Victoria. The Growth & Future Networks segment provides contracted infrastructure asset and energy services, as well as a range of asset and utility services to support the management of electricity, gas, and water networks. The company operates through an electricity transmission network of approximately 6,852 kilometers of high voltage transmission powerlines, 61 terminal stations, and 13,161 transmission towers; electricity distribution network of approximately 768,460 customers, 77 zone substations, 412,402 distribution poles, and approximately 53,990 kilometer of distribution lines. It also operates a gas distribution network of 752,882 customers and 12,384 kilometers of underground gas pipelines. The company was formerly known as SP AusNet Ltd. and changed its name to AusNet Services Ltd in August 2014. AusNet Services Ltd was incorporated in 2014 and is headquartered in Southbank, Australia. As of February 4, 2022, AusNet Services Ltd was taken private.
Research context
AusNet Services Ltd appears in PyInvesting’s Australia Stock catalogue. The price history above describes this recorded instrument; it does not by itself identify a company’s business or establish a continuous investment return.
- Currency
- AUD
- Sector
- Electric Utilities
- Industry
- Utilities
These are the latest stored catalogue classifications, not a historical classification snapshot. An issuer description, classification effective date or currency may be unavailable. Check the issuer’s own disclosures and the observation dates before using these fields for research.
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Community
Investor discussion
1 comment
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5 years, 6 months ago
AusNet Services Ltd is currently in a long term downtrend where the price is trading 2.7% below its 200 day moving average.
From a valuation standpoint, the stock is 88.4% cheaper than other stocks from the Utilities sector with a price to sales ratio of 3.6.
AusNet Services Ltd's total revenue rose by 4.3% to $894M since the same quarter in the previous year.
Its net income has increased by 31.4% to $226M since the same quarter in the previous year.
Finally, its free cash flow grew by 110.9% to $12M since the same quarter in the previous year.
Based on the above factors, AusNet Services Ltd gets an overall score of 4/5.