The other thing to consider is comparative to similar companies like Ares ($USD378B AUM/$USD25.6B Mkt Cap)and Apollo ($USD512B AUM/$USD65B Mkt Cap), at $USD143B FUM, GQG is valued at $USD4.4B Mkt Cap.
If similar value of ARES and Apollo was to be assumed based on FUM, GQG should be more than double its current share price. I say this, but GQG has a higher growth FUM profile than both of these companies. I would be valuing GQG higher than this.
The other thing to consider is comparative to similar companies...
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Last
$2.44 |
Change
0.010(0.41%) |
Mkt cap ! $7.206B | |||
| Open | High | Low | Value | Volume |
| $2.49 | $2.49 | $2.39 | $1.449M | 596.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1200 | $2.43 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.45 | 9555 | 1 |
View Market Depth
| Last trade - 16.10pm 10/05/2024 (20 minute delay) ? |
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Last
$2.43 |
Change
0.010 ( 0.15 %) |
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| Open | High | Low | Volume | ||
| $2.45 | $2.45 | $2.39 | 132197 | ||
| Last updated 15.59pm 10/05/2024 ? | |||||
| GQG (ASX) Chart |