IFL insignia financial ltd
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IOOF ifl strategic entry point, page-9

  1. noomxx
    8,101 Posts.
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    06/09/18
    11:55
    Post #: 35444827
    Refer to IFL announcement 17/10/2017: 2 pages 'ANZ Sale to IOOF'

    25x NPAT.

    Underlying earnings, yes the multiple was less.
    15.5 x FY2017A UNPTAT

    The risk with underlying, is are there future 'underlying' adjustments.
    NPAT is a cleaner number.
    IFL Price at posting: $8.07 Sentiment: None Disclosure: Not Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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