Professional
Added to YB: 2024-05-02
Pitch date: 2024-05-01
SWF.AX [bullish]
SelfWealth Limited
+113.46%
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
SelfWealth Limited provides online share trading services on the Australian, the United States, and Hong Kong stock exchanges.
Market Cap
AUD 30.4M
Pitch Price
AUD 0.13
Price Target
N/A
Dividend
N/A
EV/EBITDA
N/A
P/E
19.01
EV/Sales
N/A
Sector
Capital Markets
Category
value
Hurdle Rate Unit Trust Portfolio Holding: SelfWealth Limited
SWF.AX: Discount online broker at 20% earnings yield. $10.1B AUA, 129K customers. Most profit from interest income. Cost-cutting + high rates boost 1H24 EBITA to $3.4M (17% of EV). Risks: Stake competition, failed crypto/HK expansion, high R&D. 16.5% holder Datt + 9.9% Gaywood for accountability.
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