Overview
L1 Group combines a broad investment-management platform with exposure to financial-market performance and client flows. Its reported profitability and dividend yield are notable, while modest revenue growth and a share price just below its key moving averages temper the picture.
L1 Group is a Melbourne-based investment manager with products spanning Australian long-short equities, catalyst and activist strategies, international equities, a multi-strategy hedge fund and UK residential property. It serves institutional clients such as superannuation and pension funds, as well as wealth firms, family offices and individual investors. Revenue was A$889.0M and reported revenue growth was 2.20%. The reported profit margin of 60.80% points to strong profitability, although results remain exposed to investment performance and client activity. The shares recently traded at A$1.14, within a 52-week range of A$0.63 to A$1.35.
Key facts
- Ticker
- L1G
- Exchange
- AU
- ISIN
- AU0000423501
- Sector
- Financial Services
- Industry
- Asset Management
- Country
- Australia
- Currency
- AUD
- Price
- A$1.17
- Previous close
- A$1.17
- Day change
- A$0.00 (0.00%)
- Market cap
- 6.0B
- 52W low
- A$0.90
- 52W high
- A$1.35
Price and trend
Last price: A$1.17
- Price
- A$1.17
- 52W range
- A$0.90 – A$1.35
- 50-day SMA
- A$1.17
- 200-day SMA
- A$1.14
- Price vs 50D SMA
- -0.59%
- Price vs 200D SMA
- 1.91%
Valuation
- P/E
- 19.42
- PEG
- 1.57
- EPS
- 0.06
- Dividend yield
- 2.59%
At a price-to-earnings ratio of 19 and a PEG ratio of 1.57, the valuation reflects expectations for continued earnings generation. The 2.20% revenue growth figure provides a more measured growth backdrop, while the reported 60.80% profit margin highlights the earnings potential of the asset-management model. The 2.64% dividend yield adds an income component, but distributions and earnings can fluctuate with investment returns and client activity.
Profitability and growth
- Revenue growth
- 2.20%
- Revenue TTM
- 889.0M
- Profit margin
- 60.80%
Analyst view
Comparison uses the last price shown; targets are analyst estimates.
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- Price
- A$1.17
- Target price
- A$1.30
- Target vs last price
- 11.22% from last price
A supplied target price of A$1.30 is 13.66% from the last price of A$1.14. That estimate is secondary to the company’s underlying performance and should be considered alongside the variability inherent in an investment-management business.
Risks
L1 Group’s earnings can be affected by investment performance, client inflows and outflows, and movements in the value of assets it manages. Its range of investment strategies also exposes the business to different market conditions, while subdued revenue growth may limit earnings momentum. The share price is within its 52-week range but sits below the 50-day moving average and marginally below the 200-day average, reflecting a relatively soft recent technical position.
FAQ
What does L1 Group do?
L1 Group is an investment manager offering strategies across long-short Australian equities, catalyst and activist investing, international equities, a multi-strategy hedge fund and UK residential property. Its clients include institutional investors, wealth firms and individuals.
How has the business been growing?
Reported revenue was A$889.0M, with revenue growth of 2.20%. Growth in an investment manager can depend on investment performance, client flows and the value of assets managed.
What is L1 Group’s dividend profile?
The supplied dividend yield is 2.64%, with a dividend per share of A$0.03. Distributions may vary with earnings and the company’s capital decisions.
How does the share price compare with its recent trading range?
At A$1.14, the shares sit within the supplied 52-week range of A$0.63 to A$1.35.
*This content is aimed to provide general information only, and does not take your personal objectives, financial situation or needs into account.
