Added to YB: 2025-05-16
Pitch date: 2025-03-28
CGF.AX [bullish]
Challenger Limited
+55.22%
current return
Author Info
No bio for this author
Company Info
Challenger Limited is a publicly owned investment manager. The company also provides retirement services to its clients.
Market Cap
AUD 5.4B
Pitch Price
AUD 5.88
Price Target
9.60 (+5%)
Dividend
3.68%
EV/EBITDA
6.81
P/E
37.77
EV/Sales
3.51
Sector
Financial Services
Category
special_situation
Challenger Limited - $CGF.AX
CGF.AX: APRA's proposed annuity capital changes could release $400-700M immediately + $1.5B total (30-35% of shares) after Life Asset optimization. 48-58% upside vs 15-20% downside in 18mo. 9.2x FY26 PE vs 11.5x historical. Currently plagued by asset-liability mismatch in stress scenarios, forcing capital raises at worst times. Timeline: 3mo consultation, 6-12mo implementation.
Read full article (6 min)