Highlights
- HUB24 up 9.2% in early 2025
- Rio Tinto nearing 52-week highs
- Key insights on valuations and business strengths
Two standout names on the Australian Securities Exchange (ASX) in early 2025 are Hub24 Ltd (HUB) and Rio Tinto Ltd (RIO). Each is gaining traction for different reasons, reflecting the diversity of opportunities within the market – from fintech innovation to global mining.
HUB24: A Rising Player in WealthTech
(ASX:HUB) has seen its share price rise by 9.2% since the beginning of the year. This upward trend highlights growing market confidence in its digital wealth management platforms. HUB24’s ecosystem comprises three major offerings – HUB24, Class, and myprosperity – each tailored for financial advisers, accountants, and clients managing superannuation and investments.
The company’s edge lies in its platform quality and service satisfaction. Recognition has followed accordingly, with HUB24 receiving top honours in the 2024 Adviser Ratings Financial Advice Landscape Report and being ranked highest in Overall Satisfaction and Brand Image in the 2024 Wealth Insights Platform Service Level Report.
When it comes to valuation, HUB24 currently holds a price-to-sales ratio of 18.62x, which stands notably higher than its five-year average of 13.32x. This suggests strong revenue growth or investor optimism around its growth prospects. While this metric isn’t the only indicator to consider, it offers perspective on how (ASX:HUB) is currently positioned in the market.
Rio Tinto: A Pillar of Global Mining
Meanwhile, (ASX:RIO) shares have climbed closer to their 52-week highs, currently trading just 12.7% below that mark. Established in 1873, Rio Tinto operates across a broad range of commodities, including Aluminium, Copper & Diamonds, Energy & Minerals, and Iron Ore. As the world’s second-largest mining company, its scale and diversity offer resilience amid shifting global economic dynamics.
Rio Tinto also appeals to those tracking ASX dividend stocks. Its consistent dividend performance and exposure to commodities in demand globally often place it on watchlists for income-seeking portfolios.
Both companies are key constituents of the ASX200, reinforcing their role in Australia’s broader equity landscape.
In summary, (HUB) and (RIO) highlight two different yet compelling stories on the ASX – one focused on technological advancement in financial services, and the other on steady leadership in global resources. Their recent momentum and operational strengths are attracting increased market attention in early 2025.