Your trusted guide for smart investing in the Australian sharemarket
In Top Stocks 2023, the 29th edition of this definitive bestseller, market expert Martin Roth gives you the essential knowledge and tried-and-tested techniques you need to grow your portfolio and profits. An invaluable resource for all skill levels - from novice to professional - this book provides the clear and objective information essential to making the right picks and getting more for your money.
You'll learn how to use selection criteria and rigorous analysis to form a clear picture of the best public companies - low-risk, long-term value - 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 market 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, and in-depth ratio analysis
- Comprehensive research exploring each company's overall outlook
- Additional tables that rank all companies according to financial data
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. With numerous charts and tables that provide easy reference to essential company data points, Top Stocks 2023 continues to be your jargon-free, go-to guide for making wise decisions for your wealth and your future.
Table of Contents
Preface vii
Introduction xv
Part I: the companies
Adairs Limited 2
Altium Limited 4
Alumina Limited 6
Ansell Limited 8
ARB Corporation Limited 10
Aristocrat Leisure Limited 12
ASX Limited 14
AUB Group Limited 16
Aurizon Holdings Limited 18
Australia and New Zealand Banking Group Limited 20
Australian Ethical Investment Limited 22
Baby Bunting Group Limited 24
Bapcor Limited 26
Beach Energy Limited 28
Beacon Lighting Group Limited 30
BHP Group Limited 32
BlueScope Steel Limited 34
Breville Group Limited 36
Brickworks Limited 38
Carsales.com Limited 40
Clinuvel Pharmaceuticals Limited 42
Clover Corporation Limited 44
Cochlear Limited 46
Codan Limited 48
Collins Foods Limited 50
Commonwealth Bank of Australia 52
Computershare Limited 54
Credit Corp Group Limited 56
CSL Limited 58
CSR Limited 60
Data#3 Limited 62
Elders Limited 64
Enero Group Limited 66
Fiducian Group Limited 68
Fortescue Metals Group Limited 70
Globe International Limited 72
Grange Resources Limited 74
GUD Holdings Limited 76
GWA Group Limited 78
Hansen Technologies Limited 80
Harvey Norman Holdings Limited 82
Healius Limited 84
IDP Education Limited 86
IGO Limited 88
Iluka Resources Limited 90
IPH Limited 92
IRESS Limited 94
JB Hi- Fi Limited 96
Johns Lyng Group Limited 98
Jumbo Interactive Limited 100
Lifestyle Communities Limited 102
Macquarie Group Limited 104
Magellan Financial Group Limited 106
McMillan Shakespeare Limited 108
Medibank Private Limited 110
Metcash Limited 112
Michael Hill International Limited 114
Mineral Resources Limited 116
Monadelphous Group Limited 118
National Australia Bank Limited 120
Netwealth Group Limited 122
NIB Holdings Limited 124
Nick Scali Limited 126
Nine Entertainment Company Holdings Limited 128
NRW Holdings Limited 130
Objective Corporation Limited 132
OZ Minerals Limited 134
Pendal Group Limited 136
PeopleIn Limited 138
Part II: the tables
A Market capitalisation 191
B Revenues 192
C Year-on-year revenues growth 193
D EBIT margin 194
E Year-on-year EBIT margin growth 195
F After-tax profit 196
G Year-on-year earnings per share growth 197
H Return on equity 198
Perpetual Limited 140
Pinnacle Investment Management Group Limited 142
Platinum Asset Management Limited 144
Premier Investments Limited 146
Pro Medicus Limited 148
PWR Holdings Limited 150
REA Group Limited 152
Reece Limited 154
Reliance Worldwide Corporation Limited 156
Ridley Corporation Limited 158
Rio Tinto Limited 160
Schaffer Corporation Limited 162
Seek Limited 164
Servcorp Limited 166
Smartgroup Corporation Limited 168
Sonic Healthcare Limited 170
Steadfast Group Limited 172
Super Retail Group Limited 174
Supply Network Limited 176
Technology One Limited 178
Telstra Corporation Limited 180
Wesfarmers Limited 182
Wisetech Global Limited 184
Woolworths Group Limited 186
I Year-on-year return on equity growth 199
J Debt-to-equity ratio 200
K Current ratio 201
L Price/earnings ratio 202
M Price-to-NTA-per-share ratio 203
N Dividend yield 204
O Year-on-year dividend growth 205
P Five-year share price return 206
