$1.61

0.025 (1.58%)

Want access to our research and new buy ideas?

Take a free 15 day trial - no credit card required.

Start your free trial now

AST General Information

AusNet Services
AST
http://www.ausnetservices.com.au
Electric Utilities
5,729
3,614

AST Current Share Price+

Current Price $1.613
Open $1.575
High $1.615
Low $1.575
Last Close $1.585
Volume 4732855
Price Movement $0.03 ( 1.74% )
  • +Security prices are delayed by at least 20 minutes and are indicative only.

AST Company Overview

Business Description

AusNet Services (AST, formerly SP AusNet) is engaged in the diversified energy infrastructure business in Australia. AST operates Victoria's primary electricity transmission network and electricity distribution network in eastern Victoria plus a gas distribution network in western Victoria. AST has four main divisions, including Electricity Distribution, Gas Distribution, Electricity Transmission and Select Solution.

AST Financial Summary

Year to Mar NPAT EPS EPS chg (%) PER DPS Yield (%) Franking (%)
2020 F 232.47 6.45 8.70% 24.57 10.01 6.32% 40.0%
2019 F 212.44 5.93 -9.50% 26.73 9.72 6.13% 40.0%
2018 A 234.10 6.56 14.80% 26.27 9.25 5.37% 0.0%

AST Peer Comparison

Company Mkt Cap EPS Growth (%) P/E (%) Dividend Yield (%)
2018 A 2019 F 2020 F 2018 A 2019 F 2020 F 2018 A 2019 F 2020 F
AusNet Services (AST) $5,675M 0.1301 -0.1386 -0.0072 19.4307 22.5575 22.7207 5.89% 6.25% 6.41%
ERM Power (EPW) $405M 0.0000 0.0000 0.2814 0.0000 12.5692 9.8088 4.72% 5.13% 5.43%
Spark Infrastructure (SKI) $3,835M 0.0934 0.8786 -0.0172 43.2638 23.0303 23.4327 6.69% 7.02% 7.16%

AST Market Comparison

Earnings P/E Ratio P/B Ratio P/E Growth
Company 0.97 21.80 1.61 0.00
Market 0.91 15.60 1.47 1.56
Sector 0.88 23.70 1.42 1.91

AST Directors

Name Position Start Date
Mr Nino Ficca Managing Director 31 May 2005
Dr Nora Lia Scheinkestel Non-Executive Director 18 Nov 2016
Dr Ralph Howard Craven Non-Executive Director 24 Jan 2014
Ms Sally Marie Farrier Non-Executive Director 24 Jan 2014
Mr Robert Milliner Non-Executive Director 23 Jul 2015
Mr Chee Meng Tan Non-Executive Director 11 May 2016
Mr Alan Heng Loon Chan Non-Executive Director 28 May 2018
Mr Lequan Li Non-Executive Director 1 Oct 2018
Mr Peter Edward Mason Non-Executive Director, Non-Executive Chairman 18 Mar 2016

AST Management

Name Position
Claire Hamilton Executive General Manager - Governance,Company Secretary
ADAM NEWMAN Executive General Manager, Chief Financial Officer
CHAD HYMAS Executive General Manager, Commercial Energy Services
GERALDINE LESLIE Executive General Manager, People, Safety & Customer
ALISTAIR PARKER Executive General Manager, Regulated Energy Services
MARIO TIEPPO Executive General Manager, Technology
MATT GUTHRIDGE Executive General Manager,Strategy & Transformation

AST Substantial Shareholders

Holding Name
1,124,061,844 (31.10%) Singapore Power International Pte Ltd
719,255,007 (19.90%) State Grid Corporation of China

AST Calendar of Events

Date Event
13 November 2019 Report (Interim)
14 June 2019 Report (Annual)
13 May 2019 Report (Prelim)
20 December 2018 Div Pay Date

DISCLOSURE: InvestSMART Group Limited employees may have an interest in the securities and managed funds displayed via this service. Please refer to our Financial Services Guide for more information.

Data shown on this website is sourced by Morningstar
© 2017 Morningstar. All rights reserved. Neither any Morningstar company nor any of their content providers guarantee the data or content contained herein to be accurate, complete or timely nor will they have any liability for its use or distribution. Any general advice has been prepared by Morningstar Australasia Pty Ltd (ABN: 95 090 665 544, AFSL: 240892) and/or Morningstar Research Limited, subsidiaries of Morningstar, Inc, without reference to your objectives, financial situation or needs. You should consider the advice in light of these matters and, if applicable, the relevant Product Disclosure Statement (in respect of Australian products) or Investment Statement (in respect of New Zealand products) before making any decision to invest. No Morningstar-affiliated company or any of their employees is providing you with personalised financial advice. To obtain advice tailored to your particular circumstances, please contact a professional financial adviser. Some material is copyright and published under licence from ASX Operations Pty Limited ACN 004 523 782 ("ASXO"). Data and content is provided for personal use only.