Professional
Added to YB: 2023-11-16
Pitch date: 2023-11-16
FNX.AX [bullish]
Finexia Financial Group Limited
-23.33%
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
Finexia Financial Group Limited provides funds management, advisory, and market trading services in Australia.
Market Cap
AUD 13.3M
Pitch Price
AUD 0.23
Price Target
N/A
Dividend
3.70%
EV/EBITDA
N/A
P/E
8.49
EV/Sales
N/A
Sector
Capital Markets
Category
dividend
Hurdle Rate Unit Trust: Finexia Financial Group (ASX:FNX)
FNX.AX: Diversified financial services co. in Australia. FY23 PBT $4.3M despite loan delays. New dividend policy & hire to drive growth. Risks in unlisted lending but 4.5x P/E, 9.5% div yield & rapidly growing loan book provide significant upside potential.
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