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
$2.48 |
Change
0.130(5.53%) |
Mkt cap ! $7.324B | |||
| Open | High | Low | Value | Volume |
| $2.36 | $2.49 | $2.36 | $6.546M | 2.674M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 9012 | $2.44 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.48 | 5660 | 1 |
View Market Depth
| Last trade - 16.10pm 03/05/2024 (20 minute delay) ? |
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Last
$2.46 |
Change
0.130 ( 4.69 %) |
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| Open | High | Low | Volume | ||
| $2.37 | $2.49 | $2.37 | 476560 | ||
| Last updated 15.59pm 03/05/2024 ? | |||||
| GQG (ASX) Chart |