GQG PARTNERS INC (GQG)
Share Price Analysis and Chart

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GQG - GQG PARTNERS INC

FNArena Sector : Wealth Management & Investments
Year End: December
GICS Industry Group : Diversified Financials
Debt/EBITDA: 0.05
Index: ALL-ORDS

LAST PRICE CHANGE +/- CHANGE % VOLUME

$2.64

20 Nov
2024

-0.040

OPEN

$2.70

-1.49%

HIGH

$2.72

921,438

LOW

$2.62

TARGET
$3.32 25.8% upside
OTHER COMPANIES IN THE SAME SECTOR
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FNARENA'S MARKET CONSENSUS FORECASTS
GQG: 1
Title FY24
Forecast		 FY25
Forecast
EPS (cps) 22.3 xxx
DPS (cps) 20.6 xxx
EPS Growth N/A xxx
DPS Growth N/A xxx
PE Ratio 9.5 xxx
Dividend Yield 9.7% xxx
Div Pay Ratio(%) 92.4% 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: 7.36%

DIVIDEND YIELD CALCULATOR

Dividend Yield Today On Last Actual Payout :

 6.49

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 © 2024 FactSet UK Limited. All rights reserved
Title 2020202120222023
EPS Basic xxxxxxxxx14.6
DPS All xxxxxxxxx13.8
Sales/Revenue xxxxxxxxx779.8 M
Book Value Per Share xxxxxxxxx17.3
Net Operating Cash Flow xxxxxxxxx444.7 M
Net Profit Margin xxxxxxxxx54.58 %

EPS Basic

DPS All

Sales/Revenue

Book Value Per Share

Net Operating Cash Flow

Net Profit Margin

Title 2020202120222023
Return on Capital Employed xxxxxxxxx87.54 %
Return on Invested Capital xxxxxxxxx84.16 %
Return on Assets xxxxxxxxx79.18 %
Return on Equity xxxxxxxxx87.54 %
Return on Total Capital xxxxxxxxx114.53 %
Free Cash Flow ex dividends xxxxxxxxx70.0 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 2020202120222023
Short-Term Debt xxxxxxxxx5 M
Long Term Debt xxxxxxxxx23 M
Total Debt xxxxxxxxx28 M
Goodwill - Gross xxxxxxxxx-
Cash & Equivalents - Generic xxxxxxxxx95 M
Price To Book Value xxxxxxxxx9.83

Short-Term Debt

Long Term Debt

Total Debt

Goodwill - Gross

Cash & Equivalents - Generic

Price To Book Value

Title 2020202120222023
Capex xxxxxxxxx1.0 M
Capex % of Sales xxxxxxxxx0.13 %
Cost of Goods Sold xxxxxxxxx28 M
Selling, General & Admin. Exp & Other xxxxxxxxx169 M
Research & Development xxxxxxxxx-
Investments - Total xxxxxxxxx24 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

1.0

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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Macquarie

xx/xx/xxxx

1

xxxxxxxxxx

$xx.xx

xx.xx%

Broker commentary and detailed analysis is available for Full Members Only.
Login above or Get a Free Trial

UBS

19/08/2024

1

Buy

$3.25

23.11%

Distributable earnings in the first half from GQG Partners were ahead of consensus. Yet, on further analysis UBS believes this was "lower quality" as stronger revenue offset higher-than-expected operating expenditure.

The company has indicated investment in infrastructure is now waning and the broker is "hopeful" the peak in personnel growth is in the past. This should pave the way for improved operating leverage.

Estimates for FY24 and FY25 are reduced by -1% and the target of $3.25 is unchanged. Buy.

FORECAST
UBS forecasts a full year FY24 dividend of 20.50 cents and EPS of 22.61 cents.
UBS forecasts a full year FY25 EPS of 25.63 cents.

Morgan Stanley

xx/xx/xxxx

1

xxxxxxxxxx

$xx.xx

xx.xx%

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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.
Login above or Get a Free Trial
Access Stockbroker Research History >
EXTRA COVERAGE
Display All Commentary

No. Of Recommendations

1

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

10/10/2024

1

Buy

$3.00

13.64%

GQG Partners reported US$6.2bn in net inflows for 3Q24 and US$2.2bn for the month, Goldman Sachs observes.

Some mild redemption pressures were noticed from institutional clients over the 3Q24 which were offset by growth of wholesale and sub-advisory inflows.

The investment manager underperformed in the September quarter, the analyst notes, but medium to long-term outperformance remains.

Target price lowers to $3.00 from $3.05. Buy rating unchanged.

FORECAST
Goldman Sachs forecasts a full year FY24 dividend of 21.11 cents and EPS of 22.61 cents.
Goldman Sachs forecasts a full year FY25 dividend of 24.12 cents and EPS of 25.63 cents.
Access Extra Coverage Research History >

GQG STOCK CHART

FNArena News on GQG

1
Rudi’s View: The Importance Of ‘Quality’ Growth

3:18 PM - Rudi's View
2
Rudi’s View: A Rally With No Earnings Support

Nov 14 2024 - Rudi's View
3
Rudi’s View: Trump Returns, What Now?

Nov 07 2024 - Rudi's View
4
Rudi’s View: US Earnings & The Election

Oct 31 2024 - Rudi's View
5
Rudi’s View: Earnings, Best Ideas & Favourite Stock Picks

Oct 24 2024 - Rudi's View

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