AusNet Services [ASX:AST] share price and news 2022

Company Description

AusNet Services (AST) own and operate the Victorian electricity transmission network, one of five electricity distribution networks, and one of three gas distribution networks in Victoria. As well as the network businesses, commercial business – Mondo – provides a range of energy and infrastructure products and services to business, government, communities and households.

AusNet Services belongs to Utilities sector and under industry of Electric Utilities. You can get more information about this company via their website:

This is a mid cap company with market cap of 6690 millions.

Compared to Market and Sector

The following table compares the company to Market and Sector based on Earning, Price/Earning ratio(P/E), Price/Book ratio (P/B) and PE growth.

Company PE is less than both sector and market. while On the other hand, Company Earning is greater than both sector and market.

Earnings PE PB PE growth
Company 1.07 20.2 2.18 0
Market 1.03 20.6 1.71 1.15
Sector 0.98 36.8 2.25 7.94

Dividend Growth Chart

The following chart shows you how ast dividend grows in the recent years.AusNet Services has dividend yield of 5.69%