Class Share Price and Company Fundamentals



Price
$1.535
Change
0.110 (7.719%)
52 week
1.145 - 2.32

Last traded: Yesterday at 6:10 AM

Class Limited develops and distributes cloud-based accounting, investment reporting, and administration software for accountants, administrators, and advisers in Australia. The company offers Class Super, a cloud based self-managed super fund SMSF administration software to streamline various aspects of SMSF administration. It also provides Class Portfolio, a cloud software solution for streamlining investment portfolio accounting, administration, and reporting for companies, trusts, and individuals; and Class Trust. Class Limited was founded in 2005 and is based in Sydney, Australia.

Key Metrics

PE ratio

26.93

PB ratio

4.36

Dividend yield

3.51%

Beta

1.23

Market cap

$189.97M

Enterprise value

$188.64M

Company profile

Primary activitiesProvision of cloud-based self-managed superannuation fund administration software solutions and services.
Industry / SectorSoftware—Application / Technology
Websitehttp://www.class.com.au
Mailing address228 Pitt Street Level 3 Sydney NSW 2000 Australia
Phone / Fax1300 851 057 / 1300 851 058
Share registryLINK MARKET SERVICES LIMITED

Dividends

More: Class Dividend history, yield and payout ratio

Dividend yield

3.51%

Dividend amount

$0.05

Payout ratio

87.57%

5Y Avg. yield

2.33%

Class paid $0.05 dividend and the ex-dividend date was 25 Feb 2021.The dividend payout ratio is 87.57%. The dividend payout ratio is defined as the amout of dividend paid divided by the earnings of the company.CL1 dividend payout ratio is between 70-90%. The lower dividend payout ratio is preferrable since it provides company margin to grow the dividends in future.

CL1's forward dividend amount is $0.05 and the forward dividend yield is 3.26%. A forward dividend yield is the percentage of a company's current stock price that it expects to pay out as dividends over a certain time period, generally 12 months. Forward dividend yields are generally used in circumstances where the yield is predictable based on past instances. If not, trailing yields, which indicate the same value over the previous 12 months, are used.

Company Executives

As of May 2021, following are the company executives and directors listed on Class.

NameTitleAgeTotal Pay
Mr. Andrew J. RussellMD, CEO & Director673.05k
Mr. Glenn DayCFO & Company Sec.321.67k
Mr. Panos AlexandratosChief Operating Officer
Ms. Alexis RouchChief Technology Officer
Ebby CarsonInvestor Relations Mang. & Asst Co. Sec.
Ms. Jacqui LevingsChief People Officer
Mr. Glenn PoyntonChief Strategy Officer
Mr. Jason WilsonChief Customer Officer

Profitability and management effectiveness

Profit margin

14.18%

Operating margin

23.14%

Return on assets

13.33%

Return on equity

18.88%

Profitability ratios are a class of financial metrics that are used to assess a business's ability to generate earnings relative to its revenue, operating costs, balance sheet assets, and shareholders' equity over time, using data from a specific point in time.

The return on equity signifies how well the management is running the company in terms of capital management. The ideal return on equity is greater than 10%. The return on equity is calculated as net income divided by total share holders equity.

Valuation and Trading Info

The market capitalization of Class is 189.97M and its enterprise value is 188.64M. The enterprise value to revenue ratio of CL1 is 3.82.

The CL1's stocks Beta value is 1.23 making it 23% more volatile compared to ASX market index. Technology stocks and small caps tend to have higher betas than the market benchmark. This indicates that adding the stock to a portfolio will increase the portfolio’s risk, but also increase its expected return. On the other hand utility stocks often have low betas because they tend to move more slowly than market averages.

Companies similar to Class (CL1)

Class (ASX:CL1) Frequently Asked Questions

1. What is Class's Stock Symbol?

Class trades on ASX under the ticker symbol "CL1".

2. What is Class's stock price today?

One share of CL1 stock can currently be purchased for approximately $1.535.

3. How can I contact Class?

Class's mailing address is 228 Pitt Street Level 3 Sydney NSW 2000 Australia. The company can be reached via phone at 1300 851 057.

4. What is Class's official website?

The official website of Class is http://www.class.com.au.

5. Which share registry manages Class's stock?

Class's stock is managed by LINK MARKET SERVICES LIMITED.