Professional
Added to YB: 2024-09-24
Pitch date: 2024-09-22
EZL.AX [neutral]
Euroz Hartleys Group Limited
+58.38%
current return
Author Info
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Company Info
Euroz Hartleys Group Limited, a diversified financial services company, provides stockbroking, corporate finance, funds management, investment advice, financial advisory, and wealth management services to private, institutional, and corporate clients in Australia.
Market Cap
AUD 125.8M
Pitch Price
AUD 0.66
Price Target
N/A
Dividend
5.83%
EV/EBITDA
N/A
P/E
24.47
EV/Sales
N/A
Sector
Capital Markets
Category
N/A
Euroz Hartleys (ASX:EZL)
EZL.AX (pass): WA-based financial services co. 20% median ROE over 24 yrs. $135m mkt cap, $76m tangible equity, $92m net cash. Recent NOPAT: $15m, $14m, $9m, $7m. Q1 2024 est. $10.5m underwriting fees. 6x EV/NOPAT, 14x P/E at trough. Cyclical, tied to resources. High cash balance limits EV multiple relevance.
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