GQG PARTNERS INC (GQG)
Share Price Analysis and Chart

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GQG

GQG - GQG PARTNERS INC

FNArena Sector : Wealth Management & Investments
Year End: December
GICS Industry Group : Diversified Financials
Debt/EBITDA: 0.04
Index: ALL-ORDS

LAST PRICE CHANGE +/- CHANGE % VOLUME

$2.38

20 Feb
2025

-0.040

OPEN

$2.42

-1.65%

HIGH

$2.47

1,850,383

LOW

$2.36

TARGET
$3.01 26.5% upside
OTHER COMPANIES IN THE SAME SECTOR
AEF . AMP . ASX . AVC . BVS . CGF . CVW . DJW . ENN . GDC . GDG . HMC . HUB . IFL . IFT . IRE . KAM . KSL . MAF . MFG . MQG . NGI . NWL . PAC . PNI . PPS . PPT . PTM . QAL . RPL . RZI . WHF .
FNARENA'S MARKET CONSENSUS FORECASTS
GQG: 1
Title FY25
Forecast		 FY26
Forecast
EPS (cps) 24.8 xxx
DPS (cps) 22.4 xxx
EPS Growth N/A xxx
DPS Growth N/A xxx
PE Ratio 9.5 xxx
Dividend Yield 9.5% xxx
Div Pay Ratio(%) 90.4% xxx
This company reports in USD.
All estimates have been converted into AUD by FNArena at present FX values.

Dividend yield today if purchased 3 years ago: N/A

DIVIDEND YIELD CALCULATOR

Dividend Yield Today On Last Actual Payout :

 N/A

Estimated Dividend Growth
(Average Of Past Three Years)

  %

Amount Invested

 $ 

Tell Me The Dividend After This Many Years
Past performance is no guarantee for the future. Investors should take into account that heavy swings in share price or exceptional circumstances (a la 2009) can have a significant impact on short term calculations and averages

Last ex-div: 12/11 - (franking ex-di

HISTORICAL DATA ARE ALL IN AUD
Copyright © 2025 FactSet UK Limited. All rights reserved
Title 20202021202220232024
EPS Basic xxxxxxxxxxxx22.4
DPS All xxxxxxxxxxxx21.0
Sales/Revenue xxxxxxxxxxxx1,152.9 M
Book Value Per Share xxxxxxxxxxxx22.7
Net Operating Cash Flow xxxxxxxxxxxx635.5 M
Net Profit Margin xxxxxxxxxxxx56.75 %

EPS Basic

DPS All

Sales/Revenue

Book Value Per Share

Net Operating Cash Flow

Net Profit Margin

Title 20202021202220232024
Return on Capital Employed xxxxxxxxxxxx110.63 %
Return on Invested Capital xxxxxxxxxxxx106.25 %
Return on Assets xxxxxxxxxxxx99.13 %
Return on Equity xxxxxxxxxxxx110.63 %
Return on Total Capital xxxxxxxxxxxx142.31 %
Free Cash Flow ex dividends xxxxxxxxxxxx68.0 M

Return on Capital Employed

Return on Invested Capital

Return on Assets

Return on Equity

Return on Total Capital

Free Cash Flow ex dividends

Title 20202021202220232024
Short-Term Debt xxxxxxxxxxxx6 M
Long Term Debt xxxxxxxxxxxx25 M
Total Debt xxxxxxxxxxxx31 M
Goodwill - Gross xxxxxxxxxxxx-
Cash & Equivalents - Generic xxxxxxxxxxxx152 M
Price To Book Value xxxxxxxxxxxx9.12

Short-Term Debt

Long Term Debt

Total Debt

Goodwill - Gross

Cash & Equivalents - Generic

Price To Book Value

Title 20202021202220232024
Capex xxxxxxxxxxxx6.3 M
Capex % of Sales xxxxxxxxxxxx0.54 %
Cost of Goods Sold xxxxxxxxxxxx47 M
Selling, General & Admin. Exp & Other xxxxxxxxxxxx222 M
Research & Development xxxxxxxxxxxx-
Investments - Total xxxxxxxxxxxx31 M

Capex

Capex % of Sales

Cost of Goods Sold

Selling, General & Admin. Exp & Other

Research & Development

Investments - Total

EXPERT VIEWS
Display All Commentary

Sentiment Indicator

0.8

No. Of Recommendations

5
BROKER DATE RATING RECOMMENDATION TARGET PRICE % TO REACH TARGET COMMENTARY

Ord Minnett

xx/xx/xxxx

1

xxx

$xx.xx

xx.xx%

Broker commentary and detailed analysis is available for Full Members Only.
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Morgans

xx/xx/xxxx

1

xxx

$xx.xx

xx.xx%

Broker commentary and detailed analysis is available for Full Members Only.
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Macquarie

17/02/2025

1

Outperform

$3.00

26.05%

FY24 EPS for GQG Partners beat Macquarie and consensus forecasts by around 5%. The analyst highlights the outlook for net flows is supported by performance given all four primary strategies outperformed their benchmarks on a three, five and ten-year basis.

Average funds under management (FUM) rose by 45.4% and the operating margin increased by 170bps to 76%.

To provide increased balance sheet flexibility, management expanded its dividend payout ratio to 50-95% from 85-95%.

The Outperform rating and $3 target are maintained.

FORECAST
Macquarie forecasts a full year FY25 dividend of 22.75 cents and EPS of 24.43 cents.
Macquarie forecasts a full year FY26 dividend of 24.43 cents and EPS of 26.26 cents.

UBS

xx/xx/xxxx

3

xxxxxxx

$xx.xx

xx.xx%

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Morgan Stanley

xx/xx/xxxx

1

xxxxxxxxxx

$xx.xx

xx.xx%

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Access Stockbroker Research History >
EXTRA COVERAGE
Display All Commentary

No. Of Recommendations

2

Please note: unlike Broker Call Report, BC Extra is not updated daily. The info you see might not be the latest. FNArena does its best to update ASAP.

BROKER DATE RATING RECOMMENDATION TARGET PRICE % TO REACH TARGET COMMENTARY

Goldman Sachs

xx/xx/xxxx

1

xxx

$xx.xx

xx.xx%

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Jarden

17/02/2025

1

Buy

$3.25

36.55%

Jarden notes GQG Partners' FY24 result was robust, driven by strong management fee margins, reduced costs and a lower tax rate.

The broker highlights strong net inflows seem to be continuing, with GQG noting the recovery in flows experienced in January has persisted into February.

The broker believes GQG's surprise widening of its dividend payout range to 50-95% from 85-90% could also flag its appetite for an equity raise to support acquisitions and secure index inclusion. Jarden, however, retained its payout ratio estimate at 90%.

The broker raised FY25 and FY26 EPS estimates by 5.6% and 5.7% to reflect higher funds under management and higher margins, higher cost-to-income ratio and a lower effective tax rate. Target rises to $3.25 from $3.05. Buy maintained.

FORECAST
Jarden forecasts a full year FY25 dividend of 22.14 cents and EPS of 25.50 cents.
Jarden forecasts a full year FY26 dividend of 24.43 cents and EPS of 28.40 cents.
Access Extra Coverage Research History >

GQG STOCK CHART

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