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
$2.76 |
Change
0.050(1.85%) |
Mkt cap ! $8.151B | |||
| Open | High | Low | Value | Volume |
| $2.74 | $2.78 | $2.69 | $12.78M | 4.668M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 8293 | $2.74 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.77 | 17273 | 3 |
View Market Depth
| Last trade - 16.10pm 14/06/2024 (20 minute delay) ? |
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Last
$2.77 |
Change
0.050 ( 2.04 %) |
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| Open | High | Low | Volume | ||
| $2.75 | $2.78 | $2.69 | 855988 | ||
| Last updated 15.59pm 14/06/2024 ? | |||||
| GQG (ASX) Chart |