Professional
Added to YB: 2025-01-10
Pitch date: 2025-01-02
ALLFG.AS [bullish]
Allfunds Group plc
+55.04%
current return
Author Info
Night Watch Investment Management is an alternative asset manager focused on global equities, selected based on our in-depth proprietary research. Our investment style is best described as value plus catalyst. Visit their website.
Company Info
Allfunds Group plc, together with its subsidiaries, operates as a B2B WealthTech company that connects fund houses and distributors in the United Kingdom and internationally.
Market Cap
EUR 4.9B
Pitch Price
EUR 5.00
Price Target
N/A
Dividend
1.63%
EV/EBITDA
4.15
P/E
-31.18
EV/Sales
2.46
Sector
Capital Markets
Category
value
Night Watch Investment Management Portfolio Holding: Allfunds Group plc
ALLFG.AS: Europe's top fund distribution platform. 21% historical revenue CAGR, but slow 2022-23 growth led to P/E drop from >40x to <12x 2025E. Acquisition interest 50-70% above current price. Q2 2024 growth reacceleration not yet reflected in market price.
Read full article (1 min)