image

The best stocks to buy since 1993

Latest issue now available

SIGN UP NOW
Primary Recommendation

AFH Financial - Prospective PE of 10.8

February 2019

Investing in shares may lose you all or some of your money. Past performance is no indication of future performance. Some of the shares recommended here may be small company shares, which can be relatively illiquid and hard to trade and this makes such shares more risky than other investments.

  • Epic Code:
  • AFHP
  • Price:
  • 335p
In a world of sexy technology stocks, the financial sector might look mundane by comparison but there are still stellar performers like Brooks Macdonald (BRK; 1665p) and AJ Bell (AJB; 257p) and their ratings reflect that. One that has been overlooked and is at a massive discount to those peers is Midlands-based AFH Financial, a wealth management business that too has year-over-year success but on forecast eps of 31.1p, the prospective PE is 10.8.Rapidly ballooning FUMFUM stands for ‘funds under management’ and is a key metric for all wealth management businesses. You give them your money to manage and they charge an annual fee. Since AFH floated at the end of 2014 the company has grown FUM in every single year. A ...

To access our archive of articles and to receive current issues you need to subscribe.

Subscribe now

Already a subscriber? Login

Related Articles

AFH Financial - US private equity firm bids 463p (March 2021)
AFH Financial (February 2020)
AFH Financial (December 2019)

With small companies there is an above average degree of risk compared to buying blue chips. Please be aware that we have not assessed the suitability of any of these investments for you. The newsletter simply states a personal view and diarises the editor’s investment decisions. Please speak to your stockbroker or other qualified individual to ascertain whether any of these companies mentioned would form useful additions to your own portfolios. Past performance is no indication of future success.

All material on this website is protected by copyright. You may use Information retrieved from the www.scsw.co.uk website for your own personal non-commercial use which means that you may not sell or copy this information to any third party without prior written consent. ISSN 1358-183X

LIMITED PERIOD OFFER

SUBSCRIBE TODAY AND SAVE £40 WITH OFFER CODE 40OFFSCSW

To access our archive of articles and to receive current issues you need to subscribe

SUBSCRIBE NOW