Look at the sort of valuation netwealth are hoping to float at.
25-31x earnings!
https://www.google.com.au/url?sa=t&...gyop0a&usg=AFQjCNHIrA9MRKxxGIQW-Y6bfyo9-a1fjQ
FID operate a very similar business albeit smaller in scale.
Take the low end of that multiple and FID would be valued at $6.95
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FID
fiducian group limited
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0.62%
!
$11.25

We Love Operational Leverage, page-20
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Last
$11.25 |
Change
-0.070(0.62%) |
Mkt cap ! $358.2M |
Open | High | Low | Value | Volume |
$11.38 | $11.48 | $11.19 | $37.29K | 3.298K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 6 | $11.27 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$11.36 | 142 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 5 | 11.270 |
1 | 5 | 11.260 |
2 | 997 | 11.250 |
1 | 91 | 11.210 |
1 | 91 | 11.150 |
Price($) | Vol. | No. |
---|---|---|
11.360 | 91 | 1 |
11.370 | 417 | 1 |
11.430 | 91 | 1 |
11.460 | 150 | 1 |
11.490 | 91 | 1 |
Last trade - 15.11pm 07/08/2025 (20 minute delay) ? |
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FID (ASX) Chart |