FID 2.13% $7.34 fiducian group limited

We Love Operational Leverage, page-5

  1. 3,482 Posts.
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    You can buy PPS on 17 times for FY 19 earnings. Similar in the sense they both earn revenue by getting funds on thier platform and clipping the ticket. PPS has an international component to thier business. You can buy FID on 11 times FY 19 earnings. As operational leverage kicks in FID has to have a PE rerate for the consistent CAGR they have demonstated over the last 5 years. Shaws have 30.4 for FY 18 and 38 eps for FY 19. Should trade $4.50 + this FY and $5.70 next FY.
 
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