FID 1.96% $7.50 fiducian group limited

Ann: Fiducian (FID) Investor Presentation H1 2023-24 Results, page-4

  1. 3,548 Posts.
    lightbulb Created with Sketch. 476
    Agreed with all of this. Also consider that net cash is ~$22m at the moment. EV = $164m

    Even if they just repeat the $8.1m PAT for 2H (they'll do much better judging by FUAdm, FUM and staffing numbers), you'll end up at $16.3m UNPAT.
    9-10x EV/FCF is basically the current pricing.

    Given historical performance, that seems insane to me.
 
watchlist Created with Sketch. Add FID (ASX) to my watchlist
(20min delay)
Last
$7.50
Change
-0.150(1.96%)
Mkt cap ! $236.0M
Open High Low Value Volume
$7.61 $7.61 $7.47 $44.14K 5.855K

Buyers (Bids)

No. Vol. Price($)
1 128 $7.50
 

Sellers (Offers)

Price($) Vol. No.
$7.59 3 1
View Market Depth
Last trade - 16.10pm 21/06/2024 (20 minute delay) ?
FID (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.