Author: openjargon

Some of the best ASX shares aren’t really about Australia at all anymore. Zip Co Ltd (ASX: ZIP) and Catapult Sports Ltd (ASX: CAT) have both been smashed over the past year, but their real story is playing out overseas. And that global growth engine is exactly what makes these ASX shares worth a second look.

Zip rose 1% on Tuesday to $2.24, but remains down 52% over 12 months. Catapult shares climbed 6% to $3.13, still 56% lower than a year ago. Beaten-up share prices, sure, but the underlying businesses tell a very different story.

Zip: the US is the whole game now

After trading between $1.38 and $4.93 over the past 12 months, this ASX share faces plenty of potential catalysts, chief among them continued growth in its increasingly lucrative US market.

A broader tech sell-off, competition worries, slowing growth fears, geopolitical uncertainty and higher-for-longer interest rates have all hammered sentiment. But look past the noise, and the real story is where Zip’s growth is actually coming from. The company has spent years reshaping itself around product development, profitability and international expansion. And the US now sits at the centre of everything.

The numbers back it up. The US accounted for roughly two-thirds of Zip’s revenue in FY26. Revenue from that market surged 44.3% in US dollar terms, dwarfing the 4.6% growth recorded across ANZ.

Customer trends confirm the shift. Active US customers jumped 9.3% to 4.65 million, while ANZ customers actually shrank 8% to 1.88 million. Zip expects US total transaction value to grow more than 30% in FY27, making American expansion arguably the single biggest driver of this ASX share’s earnings and valuation from here.

A proposed Nasdaq dual listing could add another catalyst, lifting Zip’s profile among US investors and supporting its ambitions in the world’s largest BNPL market.

For anyone eyeing Zip, that’s a genuinely compelling setup: a beaten-down share price, accelerating earnings growth, solid broker support, and a massive US opportunity still unfolding.

Catapult: the sport-tech flying under the radar

Catapult builds athlete performance and analytics technology used across elite sport, with customers spanning the AFL, NRL, Premier League, NFL, NBA, MLB and international rugby.

What makes this ASX share genuinely interesting is how deeply embedded its technology becomes. Clubs use Catapult to measure physical workloads, review video, assess tactical patterns and manage preparation.

Over time, more of those functions get folded into the same ecosystem. Years of performance data build up inside Catapult’s systems, creating serious switching costs and sticky, recurring revenue.

The results reflect that stickiness. Annualised contract value rose 28% to US$133.8 million in FY2026. Revenue climbed 19% to a record US$140.7 million, driven by SaaS revenue of US$118.6 million, up 21%. SaaS and other recurring revenue now makes up 95% of total revenue.

Growth here comes from three angles: signing new organisations, expanding within existing customers, and cross-selling more of its software suite. With major leagues, clubs, universities and sporting programs scattered across the globe, this ASX share still has plenty of room to run.

The post Down over 50%: 2 ASX shares to buy for global growth appeared first on The Motley Fool Australia.

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Motley Fool contributor Marc Van Dinther has positions in Catapult Sports. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has positions in and has recommended Catapult Sports. The Motley Fool Australia has positions in and has recommended Catapult Sports. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

The Ventia Services Group Ltd (ASX: VNT) share price is in focus after the company secured a significant contract extension in Western Australia, expected to add around $110 million in revenue over the extension period to June 2028.

What did Ventia Services Group report?

• Secured a contract extension for Court Security and Custodial Services with the WA Government
• Extension runs from March 2027 through June 2028
• Expected to generate approximately $110 million in revenue over the term
• Continues a partnership with the WA Department of Justice started in 2017
• Services include court security, custody, transport, medical movements, and support

What else do investors need to know?

This contract extension underlines Ventia’s established position as a key provider of critical justice services in Western Australia. The deal is set to maintain Ventia’s revenue pipeline and offers visibility for stakeholders well into 2028.

Ventia’s ongoing collaboration with the Department of Justice ensures it remains responsive to changing operational needs and increasing demand across the state’s justice system. The contract supports Ventia’s broader strategy to deliver essential infrastructure and community services through innovation and sustainability.

What did Ventia Services Group management say?

Mark Ralston, Managing Director and Group Chief Executive Officer, said:

We are pleased to continue our long-standing partnership with the Government of Western Australia and support the delivery of these essential services. Since 2017, our team has worked closely with the Department of Justice to respond to evolving operational requirements and increasing demand across the State’s justice system. Our experienced workforce across metropolitan and regional Western Australia is well positioned to continue delivering these critical services, supporting the safe and effective operation of the justice system and the communities it serves.

What’s next for Ventia Services Group?

The extension provides Ventia Services Group with revenue certainty for another 15 months starting from March 2027. The company’s focus now remains on meeting its commitments in Western Australia and seeking further growth opportunities across Australia and New Zealand’s essential service sectors.

Ventia continues to target new contracts and innovative solutions that align with its commitment to sustainable and reliable infrastructure services for its diverse customer base.

Ventia Services Group share price snapshot

Over the past 12 months, Ventia Services shares have risen 20%, running ahead of the S&P/ASX 200 Index (ASX: XJO), which has declined 1% over the same period.

View Original Announcement

The post Ventia wins $110 million WA contract extension appeared first on The Motley Fool Australia.

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Motley Fool contributor Laura Stewart has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips. This article was prepared with the assistance of Large Language Model (LLM) tools for the initial summary of the company announcement. Any content assisted by AI is subject to our robust human-in-the-loop quality control framework, involving thorough review, substantial editing, and fact-checking by our experienced writers and editors holding appropriate credentials. The Motley Fool Australia stands behind the work of our editorial team and takes ultimate responsibility for the content published by The Motley Fool Australia.

Electro Optic Systems vs Droneshield shares: a side-by-side look

If you’re weighing up Electro Optic Systems Holdings Ltd (ASX: EOS) and Droneshield Ltd (ASX: DRO), you’re looking at two Australian tech innovators focused on defence and security. Both are riding the growing demand for anti-drone and advanced surveillance solutions. But which is the smarter buy for ASX investors right now? I’ll dig into their fundamentals, price action, and business models to help you decide.

The case for Electro Optic Systems

Electro Optic Systems is a homegrown Australian company developing high-tech defence hardware and systems. Its offerings span from remote weapon stations (where EOS has built a strong reputation globally), to counter-drone measures like the Slinger, advanced laser weaponry, and satellite-based intelligence systems. EOS has matured from a niche technology player into a diversified business, supporting both military and commercial applications.

Key fundamentals that catch my eye:

• Market Cap: $2.29 billion – Not a giant, but very substantial for an Aussie defence tech specialist.
• P/E Ratio: 11.91 – That stands out as undeniably low in the context of growth-focused peers, although I do note that the listed EPS of -0.327 doesn’t square with a positive P/E ratio. (Note: EOS’s reported P/E ratio may be based on a different earnings measure, such as underlying or forward earnings, which explains this inconsistency.)
• Dividend Yield: 0.00% – There’s no income stream here, so this is strictly a growth-focused investment.

Overall, EOS offers scale, technical depth, and exposure to several key segments within global defence and security tech.

The case for Droneshield

Droneshield is laser-focused on anti-drone technologies. According to its most recent company description, it makes and sells both hardware and AI-powered software to detect, counter, and neutralise unauthorised drones—a market that’s only getting hotter as more drones enter commercial and criminal airspace. Its flagship products, like the DroneGun and DroneSentry, are used by governments, airports, prisons, and other major operators in Australia, the US, and the UK.

Notable figures:

• Market Cap: $1.59 billion – Impressive, though smaller than EOS, and highlighting strong investor interest for a relatively focused business.
• P/E Ratio: 433.75 – Exceptionally high, reflecting investor speculation on future profit growth rather than current profits. However, its reported EPS is -0.033, meaning the P/E is once again likely based on a forward or adjusted earnings figure. (Note: Droneshield’s reported P/E ratio may use a different earnings measure than the EPS shown.)
• Dividend Yield: 0.00% – Like EOS, Droneshield is all about growth, not income.

Droneshield’s pure-play approach in a rapidly evolving niche could pay off—if it delivers on its growth ambitions.

Valuation comparison

Here’s how the head-to-head fundamentals shape up:

Metric	Electro Optic Systems	Droneshield
Market Cap	$2.29 billion	$1.59 billion
P/E Ratio	11.91	433.75
Dividend Yield	0.00%	0.00%
Earnings per share (EPS)	-0.327	-0.033
Year To Date Return	9.5%	-44.2%

It’s striking that EOS trades on a far lower P/E than Droneshield, despite negative EPS for both. Again, the P/E figures are likely based on different profit measures, so I wouldn’t take them at face value for apples-to-apples comparisons. Neither pays a dividend, so both are pure growth stories.

Recent share price performance

Comparing the period from 24 August to 18 September 2026:

• Electro Optic Systems climbed from $8.60 to $10.34—a notable upswing, including single-day pops like a 23% jump on 25 August and a recent 3.4% gain to finish the period.
• Droneshield fell from $1.82 to $1.72, with particularly sharp drops such as a 10.8% slip on 26 August and some flat trading days, closing out the period with a small loss.

Looking at year-to-date figures, EOS is up 9.5% while Droneshield is down a pretty chunky 44.2%. That’s a huge divergence in momentum, especially given the “hot” narrative around anti-drone tech lately.

Which is the better buy?

For me, Electro Optic Systems is the standout right now. Here’s why: despite both companies being unprofitable on a trailing basis, EOS trades at a fraction of the P/E multiple and is showing positive share price momentum—up nearly 10% year-to-date, versus Droneshield’s 44% slide. Both are zero-yielders, so you’re really buying the quality of future growth and execution.

Droneshield’s sector is objectively exciting, but its sky-high valuation and recent poor share performance give me pause. EOS, on the other hand, is better diversified across product areas and already enjoys global scale, with a market cap advantage and much stronger recent returns. Unless you strongly favour Droneshield’s focused anti-drone niche (and are unfazed by short-term losses and a massive P/E), my pick would be Electro Optic Systems.

The post Electro Optic Systems vs Droneshield: Which ASX defence share wins? appeared first on The Motley Fool Australia.

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Motley Fool contributor Laura Stewart has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has positions in and has recommended DroneShield and Electro Optic Systems. The Motley Fool Australia has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips. This article was prepared with the assistance of Large Language Model (LLM) tools for the initial draft. Any content assisted by AI is subject to our robust human-in-the-loop quality control framework, involving thorough review, substantial editing, and fact-checking by our experienced writers and editors holding appropriate credentials. The Motley Fool Australia stands behind the work of our editorial team and takes ultimate responsibility for the content published by The Motley Fool Australia.

The Woolworths Group Ltd (ASX: WOW) share price has soared almost 40% in the past year, as the chart below shows.

Woolworths had a solid FY26, which investors were expecting and now we’re a few weeks into FY27.

We’re going to look at what drove the company in FY26 and whether expert analysts think the business is undervalued.

Solid turnaround in FY26

The business had been losing out to Coles Group Ltd (ASX: COL) in recent times, but seemed to have turned things around in the FY26 result.

Woolworths reported in the 2026 financial year that total sales grew 3.6% to $71.5 billion, underlying operating profit (EBITDA) grew 6.7% to $6.1 billion, underlying EBIT climbed 12.7% to $3.1 billion, and underlying net profit rose 15.4% to $1.6 billion.  Statutory net profit increased 18.1% to $1.1 billion.

Pleasingly, every operating division reported a rise in EBIT during FY26. Australian food grew EBIT by 8.5% to $1.95 billion, New Zealand food grew EBIT by 8.8% to NZ$163 million, the Australian business-to-business (B2B) segment grew EBIT by 13% to $155 million and the W Living division saw a $147 million improvement in EBIT from a loss to a $116 million profit.

A sizeable portion of the increase for the Australian food segment was due to the prior year having industrial action and supply chain implementation costs. Without those two elements, Australian food EBIT would have risen 4.8%, which is still solid growth.

It’s also pleasing to see strong progress at New Zealand food and the Australian B2B division. The B2B segment is benefiting from improved profitability in PFD and improved cost efficiencies.

Strong outlook

FY27 started strongly for the business, with Australian food total sales increasing by 7.6% for the first eight weeks of FY27.

It said that sales momentum was further strengthened during the period by the success of its Disney Ooshies collectibles event, which Woolworths suggested added between 1.5 to 2 percentage points of additional sales growth.

New Zealand food total sales increased by 4.2% for the first eight weeks with improved momentum compared to the fourth quarter, reflecting “some benefit” from Disney Ooshies.

However, BIG W total sales for the first eight weeks declined year-over-year modestly, amid cost-of-living pressures on households, particularly budget customers, and weaker trade in the everyday business.

Is the Woolworths share price a buy?

Analysts are mixed on the business – there have been 12 analyst ratings on the company in the last three months. Two of those analyst ratings were a buy, six were a hold and four were a sell.

The average price target is $39.46, suggesting a possible rise of around 4% in the year ahead.

Therefore, analysts aren’t excited by the valuation, so it could be wise to look at other ASX share ideas.

The post Is the Woolworths share price a buy in September? appeared first on The Motley Fool Australia.

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Motley Fool contributor Tristan Harrison has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

I won’t be able to access my superannuation for a few years yet.

But when I can, I plan to invest $50,000 of my super balance into three distinct ASX exchange traded funds (ETFs).

I also plan to invest some of my superannuation into a diverse basket of ASX growth shares and ASX passive income stocks.

But I believe the below three ASX ETFs provide a simple means to invest $50,000 into a very diversified collection of quality global and Aussie companies.

So, which ETFs am I eyeing?

Three ASX ETFs I’d buy with $50,000 of superannuation

First up, and as an Australian, I’d invest part of that $50,000 in superannuation in the Vanguard Australian Shares Index ETF (ASX: VAS).

With a management fee of 0.07% per year, this ASX ETF gives you immediate exposure to the 300 companies listed on the S&P/ASX 300 Index (ASX: XKO). VAS seeks to track the return of the ASX 300 Index and provide both long-term capital growth and some passive income.

The ETF’s top three holdings are BHP Group Ltd (ASX: BHP), Commonwealth Bank of Australia (ASX: CBA) and National Australia Bank Ltd (ASX: NAB) shares.

As at 31 August, Vanguard Australian Shares Index ETF has delivered a total five-year return (including reinvested dividends) of 44%. That equates to an annualised return of around 7.6%.

Which brings us to the second ASX ETF I’d invest part of my $50,000 of superannuation in, the Betashares Nasdaq 100 ETF (ASX: NDQ).

I believe the tremendous outperformance we’ve seen from the US tech giants, while it may retrace short term, will continue apace over the longer-term, fuelled by the AI revolution.

With an annual management fee of 0.48%, NDQ aims to track the performance of the Nasdaq 100 Index. In other words, the largest non-financial companies listed on the Nasdaq, most of which have direct connections to the new economy.

The ETF’s largest holdings are Nvidia Corp (NASDAQ: NVDA), Apple Inc (NASDAQ: AAPL) and Microsoft Corp (NASDAQ: MSFT).

As at 18 September, over the past five years NDQ has returned an annualised gain of 14.2%.

And the third ASX ETF I’d buy with some of my $50,000 in superannuation is the Vanguard All-World ex-US Shares Index ETF (ASX: VEU).

This third investment, as you can likely tell from its name, will materially help diversify my retirement portfolio. And the management fee is a low 0.04% per year.

VEU offers exposure to some of the world’s largest companies that are listed in major developed and emerging countries outside the United States.

Its top three holdings are Taiwan Semiconductor Manufacturing Co Ltd (TPE: 2330), Samsung Electronics Co Ltd (KRX: 005930) and SK Hynix Inc (KRX: 000660).

As at 31 August, the Vanguard All-World ex-US Shares Index ETF has delivered a total five-year return of 61.4%. That equates to an annualised return of approximately 10.0%.

Based on historical five-year returns, if I invest an equal portion of my $50,000 superannuation in each ASX ETF, I can expect an annual return of 10.6%.

The post Why I’d invest $50,000 of superannuation into these 3 top ASX ETFs appeared first on The Motley Fool Australia.

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Motley Fool contributor Bernd Struben has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has positions in and has recommended BetaShares Nasdaq 100 ETF, Microsoft, Nvidia, and Vanguard International Equity Index Funds – Vanguard Ftse All-World ex-US ETF. The Motley Fool Australia has positions in and has recommended BetaShares Nasdaq 100 ETF. The Motley Fool Australia has recommended BHP Group, Microsoft, and Nvidia. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

Telix Pharmaceuticals Ltd (ASX: TLX) and Ramsay Health Care Ltd (ASX: RHC) are two ASX healthcare powerhouse stocks with an entirely different core business.

Telix is a commercial-stage biopharmaceutical company which is focused on the ongoing development of diagnostic and therapeutic products using targeted radiation. This process treats cancerous or diseased cells without attacking healthy tissue at the same time, like many traditional cancer medicines.

Meanwhile, Ramsay is a large global private healthcare provider which has over 500 facilities across 11 countries. It operates private hospitals, day surgeries, primary care clinics, diagnostic and imaging centres, mental health facilities, pharmacies, and some in-home and community care services.

What the two businesses do have in common is that they both generate a significant portion of their revenues outside Australia, they’re both reliant on regulatory approvals, and they’ve both outperformed the S&P/ASX 200 Index (ASX: XJO) and the S&P/ASX 200 Health Care Index (ASX: XHJ) over the past 12 months.

And this is particularly significant given the amount of headwinds and volatility the ASX healthcare sector experienced through late-2025 and into 2026.

While many shares suffered from intense volatility driven, an unstable inflation, and a general investor rotation away from the healthcare sector, both Telix and Ramsay shares bucked the trend.

But which stock has made investors richer so far in 2026? And which has the strongest upside ahead?

Let’s take a look.

Telix vs Ramsay: Which ASX healthcare stock has climbed higher in 2026?

At the close of the ASX on Tuesday afternoon, Telix shares had climbed another 7% to $16.79 a piece. That brings the company’s year-to-date increase to an impressive 48%.

But it hasn’t been smooth sailing for Telix shares this year. After tumbling to a three-year low of $8.63 in mid-February, the share price started rebounding in peaks and troughs. Telix shares have fluctuated anywhere between $8.63 and $17.85 this year.

Meanwhile, Ramsay shares closed the day in the red, down slightly by around 0.2% to $55.50. But the share price trajectory is quite different. Despite the dip, the shares are now up an impressive 60% for the year-to-date.

Ramsay shares started climbing higher in late-2025 and continued increasing through to early-2026. The rally has been pretty steady and consistent up to a two-year high of $55.61 recorded on Monday.

The verdict: Ramsay shares have made investors richer in 2026 so far.

What do brokers tip next for Telix shares?

The experts are still incredibly bullish on Telix shares over the next 12 months. TradingView data shows the majority (13 out of 15) have a buy/strong buy rating on the ASX healthcare stock. 

The $25.63 average target price implies an upside of around 53% at the time of writing. 

But some are even more optimistic and tip the stock to jump up to 88% higher to $31.53 over the next 12 months.

What do brokers tip next for Ramsay shares?

While Ramsay shares may be the winner in terms of which of the two shares have made investors richer for the year-to-date, its 12-month outlook isn’t as positive as Telix.

In fact, analyst forecasts suggest that the ASX healthcare stock could now be trading above fair value.

TradingView data shows the majority (12 out of 17) have a hold rating on Ramsay shares. And the $51.36 average target price now implies around a 7% downside, at the time of writing.

The post Telix Pharmaceuticals vs Ramsay Healthcare: Which ASX healthcare stock made investors richer in 2026? appeared first on The Motley Fool Australia.

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Motley Fool contributor Samantha Menzies has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has positions in and has recommended Telix Pharmaceuticals. The Motley Fool Australia has recommended Telix Pharmaceuticals. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

Tabcorp Holdings Ltd (ASX: TAH) shares have been almost totally flat over the past 12 months, but the analysts at RBC Capital Markets are predicting that could be about to change.

RBC has issued a new research note on the gambling company, initiating coverage with an outperform rating and a bullish share price target which I’ll get to shortly.

First let’s have a look at how Tabcorp fared over the 2026 financial year.

Earnings up on flat revenue

Tabcorp in August reported revenue of $2.64 billion, up 0.8%, and EBITDA of $431.7 million, up 10.3%.

The company paid total dividends of 3 cents per share, up 50%.

Managing Director Gillon McLachlan said of the result:

Midway through our turnaround journey, we’re executing on the plan, continuing to exercise cost and capital discipline and the Company is delivering earnings growth. The new retail commercial model has been implemented, the National Tote will launch soon, TAB LIVE and our new Next-Gen terminals are being rolled out in pubs and clubs in approved States, and we’ve renewed key domestic and global media rights partnerships.

Mr McLachlan said the first two stages of the transformation plan, “were to get fit and operationalise our game plan”.

He said that had been achieved, and the company’s proposed acquisition of Betmakers, announced after the end of the financial year, would accelerate the strategy, allowing the company to release products faster and more cheaply.

Tabcorp shares looking like a good punt

RBC said in its research note that Tabcorp had strong forecast earnings growth, stable market share and a sound balance sheet.

They added:

Tabcorp has leading positions in the Australian wagering, media and integrity services markets with wagering and gaming machine monitoring licences in key states. While the wagering market is mature and very competitive, Tabcorp’s market share has stabilised and Tabcorp has returned to earnings growth.

RBC said the proposed Betmakers deal was a positive as it would help modernise Tabcorp’s technology stack, “and be earnings per share accretive if the company can deliver upon the targeted $30 million in cost synergies”.

RBC is yet to factor the acquisition into its financial modelling however, as it believes there are still some risks to completion.

RBC has also factored in an expected cost from AUSTRAC action against Tabcorp.

RBC said:

While this is likely to remain an overhang on the share price, we believe any resolution is likely to be long-dated based on recent precedents. Tabcorp is focussing on improving its risk and compliance controls and governance and it has made some key appointments as part of the uplift. We have allowed for a $100m penalty in our valuation, equivalent to 4.4cents per share.

RBC has valued Tabcorp at $1.25 per share compared to the current share price of 96.25 cents.

Tabcorp is valued at $2.07 billion.

The post RBC Capital Markets thinks Tabcorp shares could go how high? appeared first on The Motley Fool Australia.

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Motley Fool contributor Cameron England has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

ANZ Group Holdings Ltd (ASX: ANZ) shares have long been a popular dividend pick. As one of the major ASX bank shares, the company benefits from significant scale and can deliver a strong dividend yield, supporting high passive income.

Banks usually trade on a relatively low price/earnings (P/E) ratio and have relatively high dividend payout ratios compared to other sectors, which is why they can deliver a solid dividend.

Of course, dividends are not guaranteed, so don’t take any projections as certain. The payout could be lower, or higher, than expected. Let’s take a look at what is projected of the ASX bank share and what that could mean for receiving $9,000 of annual passive income.

Dividend projection

ANZ has been very consistent with its half-year dividend – ever since mid-2024 it has paid 83 cents per share every six months. That means its last 12 months of dividends come to $1.66 per share.

According to the projection on Commsec, the ASX bank share is projected to pay an annual dividend per share of $1.66 in FY26, the same as FY25 and FY24.

Looking further ahead to FY27, the annual dividend per share is also expected to be $1.66 again. On the one hand, that’s pleasing stability. On the other hand, a flat dividend means inflation is eating away at the value of the dividend.

What would it take to generate $9,000 of passive income?

I’m sure many investors would like to receive $9,000 in annual passive income, whether from ANZ shares or another option. But this article focuses on ANZ shares.

As mentioned above, the ASX bank share is projected to pay an annual dividend of $1.66 per ANZ share, so to generate $9,000 of annual passive income, it would take 5,422 ANZ shares.

But, the above number doesn’t take into account franking credits, which arguably should be included as it’s part of the income package from Australian companies.

If franking credits are included, an investor would need only 4,104 ANZ shares to generate $9,000 in annual grossed-up dividend income.

Is this a good time to invest in ANZ shares?

Analysts don’t think the valuation is particularly appealing right now. There have been eight ratings on the business within the last three months, with the average price target being $35.39.

That price target implies the experts collectively think, at the time of writing, that the ANZ share price will fall 7% over the next year.

It looks like there are better ideas to buy out there.

The post How many ANZ shares do I need to buy for $9,000 of passive income? appeared first on The Motley Fool Australia.

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Motley Fool contributor Tristan Harrison has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

The Tuas Ltd (ASX: TUA) share price is in focus today after the company revealed a 24% revenue boost to S$187.6 million and an underlying EBITDA of S$83.7 million for FY26.

What did Tuas report?

• Revenue up 24% over FY25 to S$187.6 million
• Underlying EBITDA increased 22% to S$83.7 million
• Statutory NPAT improved to S$26.0 million (underlying NPAT: S$29.6 million)
• Strong subscriber growth: mobile users rose to 1.46 million, broadband to 62,000
• Year-end cash and term deposits of S$498.8 million

What else do investors need to know?

Tuas Limited continues to focus on network investments, supporting rapid subscriber growth and expanding its 5G coverage. The company also upgraded its core mobile network and introduced new broadband packages, including a 10Gbps business offer.

The proposed acquisition of M1 was not completed, as it lapsed following regulatory delays and subsequent investigation into the Singapore telco sector’s cyber security. Tuas’ subsidiary, SIMBA, remains fully compliant with regulatory standards and is cooperating with authorities.

What’s next for Tuas?

Looking ahead, Tuas intends to drive further revenue growth by leveraging SIMBA’s expanding network and product innovation. Planned capital expenditure on mobile and broadband infrastructure is set at S$50–55 million for FY27.

With an added focus on cybersecurity, Tuas expects to invest S$15–30 million in meeting enhanced requirements. The business remains alert for regulatory updates and is positioned to adapt its strategy as needed.

Tuas share price snapshot

Over the past 12 months, Tuas shares have declined 68%, trailing the S&P/ASX 200 Index (ASX: XJO), which has fallen 1% over the same period.

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The post Tuas FY26 results: revenue climbs, subscriber base expands appeared first on The Motley Fool Australia.

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Motley Fool contributor Laura Stewart has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips. This article was prepared with the assistance of Large Language Model (LLM) tools for the initial summary of the company announcement. Any content assisted by AI is subject to our robust human-in-the-loop quality control framework, involving thorough review, substantial editing, and fact-checking by our experienced writers and editors holding appropriate credentials. The Motley Fool Australia stands behind the work of our editorial team and takes ultimate responsibility for the content published by The Motley Fool Australia.

I’m sure most people reading this want to increase their wealth and grow their annual passive income, whether that’s inside or outside superannuation.

How we structure our investments can make a big difference to how much tax we pay. We can invest in our own name, in a company, a trust, superannuation and so on.

If investors want dividend income, then how they invest can make a big difference in how much income tax is paid.

If an Australian has no income other than dividends in their own name, they can earn $18,200 tax-free. However, a full-time working Australian may lose a fair portion of their dividend income to tax because they’re in a higher tax bracket.

Superannuation is taxed at a lower rate, making it a particularly appealing structure for full-time workers.

Why I think ASX shares are the right pick for passive income

Quality ASX shares can offer a pleasing mix of a strong dividend yield, a rising payout over time, and, hopefully, capital growth.

With strong earnings, ASX shares can deliver a generous dividend payout ratio. Australian companies can provide Australian tax residents with the added benefit of franking credits, a refund of the company tax paid to ensure the dividend is taxed at the investor’s relevant tax rate.

There are many dividend-paying options on the ASX, such as blue-chip companies Wesfarmers Ltd (ASX: WES) and Telstra Group Ltd (ASX: TLS).

There are real estate investment trusts (REITs) such as Centuria Industrial REIT (ASX: CIP), Rural Funds Group (ASX: RFF) and Charter Hall Long WALE REIT (ASX: CLW). REITs don’t generally generate franking credits because they are trusts not companies.

Investors can also choose investment companies such as Washington H. Soul Pattinson and Co. Ltd (ASX: SOL), Australian United Investment Company Ltd (ASX: AUI), Argo Investments Ltd (ASX: ARG), L1 Capital Long Short Fund (ASX: LSF) and MFF Capital Investments Ltd (ASX: MFF).

Depending on the superannuation fund, investors may be able to choose specific ASX share investments for annual passive income. SMSFs obviously have a lot of investment flexibility.

How superannuation can generate $95,000 of annual passive income

An investor would need a very sizeable superannuation balance to generate that much income.

The required portfolio size depends on the portfolio’s dividend yield.

For example, if the dividend yield was 10% then the portfolio would need to be $950,000. But, I don’t think it’d be realistic or sustainable to have a portfolio yield that high.

A 1% yield would need a $9.5 million portfolio. But, if we’re aiming for dividends, that yield would be too low, in my view.

I’d aim for the portfolio yield to be somewhere in the middle, at say 4% to 6% including franking credits. At that level, an investor is looking at a portfolio size of between $1.58 million to $2.375 million.

It’s a sizeable level required, but with regular investing and compounding, investors can reach those balances, or close to it.

The post How much is needed in superannuation to target a $95,000 annual passive income? appeared first on The Motley Fool Australia.

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• 2 ASX blue-chip shares that won’t be hit by $100 oil

Motley Fool contributor Tristan Harrison has positions in L1 Long Short Fund, Mff Capital Investments, Rural Funds Group, and Washington H. Soul Pattinson and Company Limited. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has positions in and has recommended Washington H. Soul Pattinson and Company Limited and Wesfarmers. The Motley Fool Australia has positions in and has recommended Mff Capital Investments, Rural Funds Group, Telstra Group, and Washington H. Soul Pattinson and Company Limited. The Motley Fool Australia has recommended Wesfarmers. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.