Professional
Added to YB: 2024-10-09
Pitch date: 2024-10-09
GQG.AX [bullish]
GQG Partners Inc.
-23.4%
current return
Author Info
No bio for this author
Company Info
GQG Partners Inc. operates as a boutique asset management company worldwide. It manages equity portfolios for investors, including insurance funds, pension/superannuation funds, sovereign wealth funds, ultra-high net worth investors, sub advised funds, financial advisors, wealth management administration platforms, private banks, and other discretionary wealth managers.
Market Cap
AUD 3.4B
Pitch Price
AUD 2.33
Price Target
3.15 (+78%)
Dividend
11.96%
EV/EBITDA
5.36
P/E
7.35
EV/Sales
4.13
Sector
Capital Markets
Category
growth
GQG Partners’ Resilient Cash Flows Mitigate Institutional Redemptions; Macquarie Sets $3.15 Target Price
GQG.AX: Strong flows despite institutional redemptions. 10.6x P/E, 8.9% yield reflect discounted slowdown. Potential re-rating on $330m selldown by major shareholders. Macquarie: Outperform, $3.15 target.
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