Invests in private equity fund of funds managed by other sponsors. Makes direct co-investments alongside other sponsors. Now — the numbers.
This is an established company with proven profits.
Average growth of 97% a year over the last 4 years. Red columns mark years that ended in a loss.
The market pays 24.8× for every dollar of annual profit — around what a business like this usually costs.
No analyst target is on record for this company.
The stock trades 25% below its peak. The market has trimmed its expectations for the company.
The net profit margin is 46% — still a thick cushion, though costs have been eating into it lately.
Over the last 4 years, sales grew about 97% a year on average.
It pays out $1.41 per share each year — regular cash for whoever holds the stock.
Since the drop from its peak, buyer appetite hasn’t come back.
We grade companies — revenue, margins, balance sheets. This is a fund, so there is no report card to give. That is not a low grade; it is a different kind of thing.
One-line summary: a basket, not a business. Judge it by what it holds.