8IP Emerging Companies Limited (8EC) - Research

$0.780

8EC General Information +

ASX Code 8EC
Website http://www.8EC.com.au
GICS Sub-Industry Asset Management & Custody Banks
Market Cap ($M) 31
Current Price $0.780
Day High $0.000
Day Low $0.000
Last Close $0.780
Price Movement - ( No change )
Prices as at 16:40, 18 Jun 2019
+Security prices are delayed by at least 20 minutes and are indicative only.

8EC Company Overview

Business Description

8IP Emerging Companies Limited (8EC) invest in a concentrated portfolio of primarily companies listed on the ASX with a market capitalisation of less than $500 million at the time of first purchase. Its investment portfolio will be managed by the Manager, a specialist small company's investment manager.

8EC Financial Summary

Year to Jun NPAT EPS EPS chg (%) PER DPS Yield (%) Franking (%)
2018 A 1.01 2.50 0.00% 38.50 4.00 4.20% 25.0%
2017 A -0.10 -0.30 0.00% 0.00 3.00 3.00% 100.0%
2016 A 3.11 12.40 0.00% 6.40 0.00 0.00% 0.0%

8EC Peer Comparison

Company Mkt Cap EPS Growth (%) P/E (%) Dividend Yield (%)
2016 A 2017 A 2018 A 2016 A 2017 A 2018 A 2016 A 2017 A 2018 A
8IP Emerging Companies (8EC) $33M 0.0000 0.0000 0.0000 32.1862 0.0000 0.0000 5.03% 0.00% 0.00%
Magellan Financial Group (MFG) $8,429M 0.3568 0.2415 0.0692 30.7474 24.7659 23.1630 2.83% 3.63% 3.87%
Netwealth Group (NWL) $2,084M 0.0000 0.7077 0.3340 103.7870 60.7762 45.5584 0.61% 1.30% 1.74%
Pendal Group (PDL) $2,261M 0.1207 -0.2807 0.1109 9.8654 13.7153 12.3459 7.31% 6.43% 6.89%
Platinum Asset Mgmt (PTM) $2,658M 0.0325 -0.1593 0.0635 13.8236 16.4428 15.4608 7.06% 5.96% 6.24%

8EC Market Comparison

Earnings P/E Ratio P/B Ratio P/E Growth
Company 0.00 31.60 0.75 0.00
Market 0.61 14.90 1.16 0.98
Sector 0.93 12.90 1.03 1.65

8EC Directors

Name Position Start Date
Mr Kerry David Series Executive Director 24 Sep 2015
Mr Jonathan Westaby Sweeney Non-Executive Chairman, Non-Executive Director 24 Sep 2015
Mr Geoffrey(Geoff) James Wilson Non-Executive Director 10 Apr 2018
Mr Anthony (Tony) Bruce McDonald Non-Executive Director 24 Sep 2015
Mr Robin Buick Orr Burns Non-Executive Director 10 Apr 2018

8EC Management

Name Position
Laura Newell Company Secretary

8EC Substantial Shareholders

Holding Name
5,442,111 (13.27%) National Nominees Limited
4,587,389 (11.18%) BNP Paribas Nominees Pty Ltd
2,255,000 (5.50%) Aurora Funds Management Limited
2,125,000 (5.18%) BNP Paribas Noms Pty Ltd

8EC Calendar of Events

Date Event
20 February 2020 Report (Interim)
27 August 2019 Report (Annual)
27 August 2019 Report (Prelim)

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