Australia’s bestselling guide for smart investing in the sharemarket
When it’s time to invest your earnings, you need accurate and trusted guidance that will weather cycles, outlive fads, and stand the test of time. In this 30th anniversary edition of definitive bestseller Top Stocks, market expert Martin Roth gives you the essential knowledge you need to grow your portfolio and profits. An invaluable resource for novices and professionals alike, Top Stocks 2024 shares the clear, objective information and tried-and-tested techniques you need to make right picks — and get more for your money.
You’ll learn how to use selection criteria and rigorous analysis to form a clear picture of the best — low-risk, long-term value — public companies to buy into. You’ll see beyond the hype, the pricing, and the punditry. And you’ll become an expert at evaluating the best of the Australian sharemarket, using concrete factors like profitability, debt levels, and dividends.
* Detailed, unbiased analysis of the latest results from top Australian companies
* Comparative sales and profits data as well as in-depth ratio analysis
* Tables that rank all companies according to financial data
* Comprehensive research exploring each company’s overall outlook
With numerous charts and tables that provide easy reference to essential company data points, Top Stocks 2024 is the jargon-free, up-to-date, go-to guide you need to make wise decisions for your wealth.
Table of Content
Preface vii
Introduction xiii
Part I: the companies
Accent Group Limited 2
Adairs Limited 4
Altium Limited 6
ANZ Group Holdings Limited 8
ARB Corporation Limited 10
Aristocrat Leisure Limited 12
ASX Limited 14
Australian Ethical Investment Limited 16
Baby Bunting Group Limited 18
Bapcor Limited 20
Beach Energy Limited 22
Beacon Lighting Group Limited 24
BHP Group Limited 26
Blue Scope Steel Limited 28
Breville Group Limited 30
Brickworks Limited 32
Carsales.com Limited 34
Clinuvel Pharmaceuticals Limited 36
Clover Corporation Limited 38
Cochlear Limited 40
Codan Limited 42
Coles Group Limited 44
Collins Foods Limited 46
Commonwealth Bank of Australia 48
Computershare Limited 50
Credit Corp Group Limited 52
CSL Limited 54
CSR Limited 56
Data#3 Limited 58
Elders Limited 60
Enero Group Limited 62
Fiducian Group Limited 64
Fortescue Metals Group Limited 66
Grange Resources Limited 68
GUD Holdings Limited 70
GWA Group Limited 72
Hansen Technologies Limited 74
Harvey Norman Holdings Limited 76
IDP Education Limited 78
IGO Limited 80
Iluka Resources Limited 82
Insurance Australia Group Limited 84
IPH Limited 86
JB Hi- Fi Limited 88
Johns Lyng Group Limited 90
Jumbo Interactive Limited 92
Lifestyle Communities Limited 94
Lindsay Australia Limited 96
Lovisa Holdings Limited 98
Lycopodium Limited 100
Macquarie Group Limited 102
Magellan Financial Group Limited 104
Medibank Private Limited 106
Metcash Limited 108
Michael Hill International Limited 110
Mineral Resources Limited 112
Monadelphous Group Limited 114
National Australia Bank Limited 116
Netwealth Group Limited 118
NIB Holdings Limited 120
Nick Scali Limited 122
Nine Entertainment Company Holdings Limited 124
NRW Holdings Limited 126
Objective Corporation Limited 128
People In Limited 130
Pinnacle Investment Management Group Limited 132
Platinum Asset Management Limited 134
Premier Investments Limited 136
Pro Medicus Limited 138
PWR Holdings Limited 140
REA Group Limited 142
Reece Limited 144
Reliance Worldwide Corporation Limited 146
Ridley Corporation Limited 148
Rio Tinto Limited 150
Santos Limited 152
Seek Limited 154
Servcorp Limited 156
Smartgroup Corporation Limited 158
Steadfast Group Limited 160
Super Retail Group Limited 162
Supply Network Limited 164
Technology One Limited 166
Telstra Group Limited 168
Wesfarmers Limited 170
Wise Tech Global Limited 172
Woodside Energy Group Limited 174
Woolworths Group Limited 176
Part II: the tables
A Market capitalisation 181
B Revenues 182
C Year-on-year revenues growth 183
D EBIT margin 184
E Year-on-year EBIT margin growth 185
F After-tax profit 186
G Year-on-year earnings per share growth 187
H Return on equity 188
I Year-on-year return on equity growth 189
J Debt-to-equity ratio 190
K Current ratio 191
L Price/earnings ratio 192
M Price-to-NTA-per-share ratio 193
N Dividend yield 194
O Year-on-year dividend growth 195
P Five-year share price return 196
About the author
MARTIN ROTH is an internationally successful financial journalist. Based in Melbourne, he is one of Australia’s leading authors of investment books.