Professional
Added to YB: 2020-01-09
Pitch date: 2020-01-09
XPL.AX [bullish]
Xplore Wealth Limited
+208.82%
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
Xplore Wealth Limited, through its subsidiaries, operates as an independent specialist platform provider and investment administrator with a specialization in managed accounts in Australia.
Market Cap
AUD 62.5M
Pitch Price
AUD 0.07
Price Target
N/A
Dividend
N/A
EV/EBITDA
N/A
P/E
-38.85
EV/Sales
N/A
Sector
Financial Services
Category
N/A
Xplore Wealth (ASX: XPL)
Xplore Wealth: AU platform provider trading at discount vs peers (low market cap/FUA ratio). 2nd best operating margins after Netwealth. Cheapest wrap account pricing. 2% share buyback last year. CEO buying shares (>1M, ~$70k). Strong FUA growth rates. Asymmetric opportunity due to growth potential and low valuation. Risks: Low operating margins compared to industry leader.
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