L1G.AX
Strong BuyPremium GrowerAI neutralL1 Group Limited · Financial Services · Australia · $2.2B
AUD 1.16 +2.7% · close 6 Oct · scored 7 Oct
StockRank up 1.7 since 6 Oct: Momentum up 3 after a 3% price rise.
Premium Grower: Strong business with the market behind it, priced at a premium.
Does StockRank work? Each month we publish how every decile did, whichever way it went. See the record →
L1 Group is the enlarged Australian fund manager formed after L1 Capital's combination with Platinum Asset Management. Fund management is asset-light and can be highly profitable, and the group has a respected long-short franchise. But the combined entity has not yet reported as a merged business, it has been issuing additional shares, integration of Platinum's shrinking funds is unproven, and earnings rely partly on volatile performance fees.
ABOUT L1 GROUP LIMITED
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L1 Group Limited is an Australian alternative asset manager providing investment solutions across global equities, credit, and private markets for institutional and wholesale clients. The firm is recognized for its fundamental, research-driven approach to identify undervalued assets and generate absolute returns. L1 operates as a specialized investment manager with a focus on high-conviction, actively managed strategies.
FINANCIAL SUMMARY (AUD)
| Year | 2022 | 2023 | 2024 | 2025 | CAGR | TTM | 2027E | 2028E | Fwd CAGR |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 250.7M | 215.1M | 185.1M | 135.9M | -18.5% | 888.6M | 109.9M | 124.3M | -2.9% |
| EPS (AUD) | 0.04 | 0.03 | 0.02 | 0.00 | -60.4% | 0.06 | 0.00 | 0.00 | -6.6% |
| Shares | 2.6B | 2.6B | 2.6B | 2.6B | 0.0% | 2.6B | — | — | — |
| Debt | 5.3M | 3.3M | 12.3M | 10.6M | 26.5% | 16.7M | — | — | — |
| Equity | 323.6M | 328.2M | -273.8M | 211.8M | -13.2% | — | — | — | — |
| Op CF | 122.7M | 83.4M | 68.6M | 51.5M | -25.1% | 382.9M | — | — | — |
| Inv CF | -38.4M | 5.7M | 51.6M | 53.7M | — | — | — | — | — |
| Fin CF | -140.2M | -90.7M | -85.6M | -153.2M | — | — | — | — | — |
Swung more than 70% of stocks we rank over the past year (55% a year).
How this is worked out
What it measures: day-to-day price moves over the past year, as a yearly figure, ranked against every stock we cover. Very calm under 20% a year, Calm 20 to 30%, Average 30 to 40%, Bumpy 40 to 55%, Very bumpy above that.
What we found: across about 13,500 stocks in 34 markets (2002 to 2025), past swings were a good guide to the next year's, and bumpier stocks fell further. How much further changed too much between eras to put a number on it.
Calm is not safe: a calm stock can still slide steadily.
Rules fixed before any data was fetched. Describes the chart, not a recommendation.
SCORE BREAKDOWN
FUNDAMENTALS
SECTOR PEERS
Closest peers in Financial Services, ranked by industry match, size, and score similarity. Cross-listings of L1G.AX are excluded.
| Ticker | Company | Mkt Cap | StockRank | Signal |
|---|---|---|---|---|
| L1G.AX | L1 Group Limited(you) | $2.2B | 94 | Strong Buy |
| LSF.AX | L1 Long Short Fund Limited | $2.1B | 96 | Strong Buy |
| MFF.AX | MFF Capital Investments Limited | $2.3B | 88 | Strong Buy |
| AUI.AX | Australian United Investment Company Limited | $1.8B | 78 | Buy |
| RG1.AX | Regal Partners Global Investments Limited | $432M | 95 | Strong Buy |
| ALI.AX | Argo Global Listed Infrastructure Limited | $330M | 93 | Strong Buy |
| HM1.AX | Hearts and Minds Investments Limited | $477M | 85 | Strong Buy |
| ARG.AX | Argo Investments Limited | $4.9B | 69 | Buy |
| GLS.AX | L1 Global Long Short Fund Limited | $770M | 69 | Buy |
| RPL.AX | Regal Partners Limited | $368M | 84 | Strong Buy |
Peer medians: ROE 8.4% · P/E 16.2x · Gross margin 93.8%
Company Deep Dive
Business segments breakdown, earnings transcript analysis, management credibility scoring, competitive landscape, and scenario modelling.