Bobsa -
End-game valuation is one of the tools I use too. HUB24 current market share is ~0.9% and growing fast ... but they won't take 20%+ of industry inflows forever.
To me this is a reasonable way to consider a valuation for this part of their business. The hard bits are:
1/ what's the eventual/end game market share? 2% 5% 10%??
2/ what other areas may they then use their size/brand/relationship to grow into once growth in their current products slow?
Ann: FY18 Update, page-17
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Last
$39.33 |
Change
0.170(0.43%) |
Mkt cap ! $3.194B | |||
| Open | High | Low | Value | Volume |
| $39.08 | $39.47 | $38.97 | $4.651M | 118.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 892 | $39.17 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $39.36 | 2901 | 1 |
View Market Depth
| Last trade - 16.10pm 02/05/2024 (20 minute delay) ? |
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Last
$39.28 |
Change
0.170 ( 0.38 %) |
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| Open | High | Low | Volume | ||
| $39.32 | $39.47 | $38.97 | 21970 | ||
| Last updated 15.59pm 02/05/2024 ? | |||||
| HUB (ASX) Chart |