87.19 F
July 19, 2024
PI Global Investments
Private Equity

This PE company has trebled your money and is still a bargain

  • Net asset value per share up from 662p to 684p
  • 17 per cent of book value in cash

Private equity investment company Oakley Capital Investments (OCI:465p) delivered a net asset value (NAV) total return of 4 per cent last year, but there should be no complaints from investors who enjoyed an 18 per cent total shareholder return (TSR). It takes the five-year annualised TSR to 24 per cent, during which time those who bought in when I announced my 2016 Bargain Shares Portfolio have trebled their money.

Oakley’s portfolio is focused on three core market segments – technology (23 per cent of portfolio), education (21 per cent) and digital consumer (42 per cent) – which delivered 14 per cent organic growth in cash profit, a key driver behind the valuation uplift. It highlights the portfolio’s ability to sustain growth rates even during challenging economic conditions.

Source link

Related posts

Watch Most Active Form of Active Management


Private capital’s surprisingly sluggish year prompts rethink


Labour pledges to consult on private equity tax and focus on ‘wealth creation’


Leave a Comment

* By using this form you agree with the storage and handling of your data by this website.