Professional
Added to YB: 2024-02-20
Pitch date: 2024-02-20
CAF.AX [bullish]
Centrepoint Alliance Limited
+35.05%
current return
Author Info
Hurdle Rate is an Australian Unit Trust run by a CPA who shares global stock pitches on their website. Sign up for the newsletter.
Company Info
Centrepoint Alliance Limited, together with its subsidiaries, provides financial advice and licensee support services in Australia.
Market Cap
AUD 96.9M
Pitch Price
AUD 0.26
Price Target
0.41 (+17%)
Dividend
6.19%
EV/EBITDA
8.50
P/E
20.21
EV/Sales
0.27
Sector
Capital Markets
Category
growth
Hurdle Rate Unit Trust - Centrepoint Alliance
CAF.AX: Successful acquirer broadening fin services via managed accts & credit svcs. ClearView deal lifts EPS & ROE despite modest advisor growth. Capital-light model=neg NTA (licensing revs-staff costs). COG & Sequoia are key holders. Acq bid implies $0.41 (+34%). Attractive 12% earnings yield + 17% div yield. Tax assets. Positioned for earnings growth/multiple expansion.
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