This is basically what I come up with.
ROE is better than most companies, but offsetting that is a key man risk. The company could still operate without Indy, I'm just not sure it would acquire as well as it has.
15x UNPAT + excess cash seems fair value to me.
Ann: Fiducian (FID) Investor Presentation H1 2023-24 Results, page-13
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Last
$7.85 |
Change
0.260(3.43%) |
Mkt cap ! $247.0M | |||
| Open | High | Low | Value | Volume |
| $7.60 | $7.91 | $7.51 | $73.44K | 9.645K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 6334 | $7.50 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.85 | 108 | 2 |
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| Last trade - 16.10pm 17/06/2024 (20 minute delay) ? |
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Last
$7.67 |
Change
0.260 ( 1.54 %) |
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| Open | High | Low | Volume | ||
| $7.60 | $7.67 | $7.56 | 747 | ||
| Last updated 15.26pm 17/06/2024 ? | |||||
| FID (ASX) Chart |
