Professional
Added to YB: 2024-04-11
Pitch date: 2024-04-09
PFG.AX [bullish]
Prime Financial Group Limited
+14.28%
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
Prime Financial Group Limited provides wealth management, self-managed superannuation fund (SMSF), accounting and business, capital, and corporate advisory services in Australia.
Market Cap
AUD 68.5M
Pitch Price
AUD 0.20
Price Target
N/A
Dividend
6.26%
EV/EBITDA
8.16
P/E
14.20
EV/Sales
1.80
Sector
Capital Markets
Category
growth
Prime Financial Group Limited: Insights into Revenue Streams and Market Cap
PFG.AX: 26yr old accounting & advice firm at $47M mkt cap. Wealth: 20-25 advisers, Acctg: $12M rev, SMSF: 2500 funds. 15-20% NOPAT margin, 50-100% ROTCE. Organic growth via client demand & lateral hires. Targets $50M rev FY25, $100M FY28-30 (2/3 organic). Trades 6x EBITA, 9x NOPAT, 7% div yield. 30% ROIC post-debt, 15% sustainable growth. Risks: Execution, integration, key person.
Read full article (2 min)