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Fat Prophets Global Contrarian Fund Ltd.
(Sydney:FPC)
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Rating:66Neutral
Price Target:
AU$2.00
â–˛(38.89% Upside)
Action:Reiterated
Date:12/30/25
The score is driven primarily by mid-range financial quality due to volatile revenue and cash-flow consistency despite improved recent profitability, supported by attractive valuation (low P/E and dividend yield). Technicals are moderately positive with price above key moving averages, but momentum looks somewhat stretched near-term (high Stoch).
Positive Factors
Improved profitability and margins
The fund produced positive net income in 2024–2025 with strong reported net margins versus the prior loss-making year, indicating recent operational and portfolio execution improvements. Sustained positive profitability across reporting periods supports durable ability to cover costs and return capital to shareholders.
Negative Factors
Highly volatile revenue and fee income
Revenue swings of this magnitude reflect reliance on episodic investment gains or timing of realizations rather than stable recurring fees. Such instability erodes predictability of earnings, complicates budgeting and makes multi-quarter planning and durable payout policies harder to sustain.
Read all positive and negative factors
Positive Factors
Negative Factors
Improved profitability and margins
The fund produced positive net income in 2024–2025 with strong reported net margins versus the prior loss-making year, indicating recent operational and portfolio execution improvements. Sustained positive profitability across reporting periods supports durable ability to cover costs and return capital to shareholders.
Read all positive factors
Fat Prophets Global Contrarian Fund Ltd. (FPC) vs. iShares MSCI Australia ETF (EWA)
Market Cap
AU$42.19M
Dividend Yield3.47%
Average Volume (3M)22.70K
Price to Earnings (P/E)2.3
Beta (1Y)0.90
Revenue Growth2454.11%
EPS Growth453.96%
CountryAU
EmployeesN/A
SectorFinancial
Sector Strength70
IndustryAsset Management - Global
Share Statistics
EPS (TTM)0.33
Shares Outstanding31,958,944
10 Day Avg. Volume14,443
30 Day Avg. Volume22,704
Financial Highlights & Ratios
PEG Ratio0.06
Price to Book (P/B)0.75
Price to Sales (P/S)9.34
P/FCF Ratio3.11
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Fat Prophets Global Contrarian Fund Ltd. Business Overview & Revenue Model
Company Description
Fat Prophets Global Contrarian Fund Ltd (FPC.AX) is an Australian-domiciled, closed-end equity investment vehicle, managed by Fat Prophets Funds Management Australia Pty. Ltd. This fund strategically allocates capital to publicly traded companies ...
How the Company Makes Money
Fat Prophets Global Contrarian Fund Ltd. makes money primarily through the appreciation of its investment portfolio. By employing a contrarian investment strategy, the company seeks to identify undervalued opportunities in global markets that are ...
Fat Prophets Global Contrarian Fund Ltd. Financial Statement Overview
Summary
Income Statement
58
Neutral
Balance Sheet
63
Positive
Cash Flow
54
Neutral
| Breakdown | TTM | Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 3.62M | 3.20M | 7.00M | 145.00K | 2.09M | 15.53M |
| Gross Profit | 18.00K | 2.16M | 7.00M | 179.00K | 1.12M | 15.53M |
| EBITDA | 12.99M | 10.11M | 6.93M | -122.52K | -26.00M | 14.48M |
| Net Income | 9.29M | 6.99M | 4.47M | -534.00K | -9.19M | 9.98M |
Balance Sheet | ||||||
| Total Assets | 88.28M | 74.14M | 62.05M | 46.53M | 61.81M | 109.26M |
| Cash, Cash Equivalents and Short-Term Investments | 25.35M | 27.75M | 16.79M | 24.86M | 23.58M | 47.26M |
| Total Debt | 30.70M | 28.84M | 24.85M | 14.17M | 19.74M | 46.20M |
| Total Liabilities | 38.70M | 34.42M | 27.03M | 14.39M | 20.11M | 51.25M |
| Stockholders Equity | 49.58M | 39.73M | 35.02M | 32.14M | 41.71M | 58.01M |
Cash Flow | ||||||
| Free Cash Flow | -4.83M | 9.61M | -18.52M | 16.13M | -9.19M | 16.60M |
| Operating Cash Flow | -4.83M | 9.61M | -18.52M | 16.13M | -9.19M | 16.60M |
| Investing Cash Flow | 0.00 | 0.00 | 0.00 | 0.00 | 18.74M | 0.00 |
| Financing Cash Flow | -594.00K | -1.11M | -1.55M | -9.04M | -7.11M | 1.01M |
Fat Prophets Global Contrarian Fund Ltd. Technical Analysis
Negative
1.44
Price Trends
1.43
Negative
1.46
Negative
1.44
Negative
Market Momentum
-0.03
Positive
38.32
Neutral
22.81
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:FPC, the sentiment is Negative. The current price of 1.44 is above the 20-day moving average (MA) of 1.38, above the 50-day MA of 1.43, and below the 200-day MA of 1.44, indicating a bearish trend. The MACD of -0.03 indicates Positive momentum. The RSI at 38.32 is Neutral, neither overbought nor oversold. The STOCH value of 22.81 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for AU:FPC.
Fat Prophets Global Contrarian Fund Ltd. Peers Comparison
UnderperformOutperform
Sector (68)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
72 Outperform | AU$50.45M | 5.61 | 35.99% | 6.39% | 0.11% | 21.50% | |
69 Neutral | AU$25.03M | 31.00 | 4.65% | ― | 286.79% | -74.76% | |
68 Neutral | $18.00B | 11.42 | 9.92% | 3.81% | 9.73% | 1.22% | |
66 Neutral | AU$42.19M | 2.28 | 36.39% | 3.47% | 2454.11% | 453.96% | |
55 Neutral | AU$13.48M | -22.00 | -1.33% | 14.29% | ― | ― | |
48 Neutral | AU$13.23M | 46.94 | 2.73% | ― | 14.36% | ― |
* Financial Sector Average
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Fat Prophets Global Contrarian Fund Ltd. Corporate Events
Fat Prophets Global Contrarian Fund NTA Falls as Strong U.S. Dollar Pressures Commodities
Jun 28, 2026
Fat Prophets Global Contrarian Fund reported an estimated pre-tax NTA of $1.6994 per share as at 24 June 2026, down from $1.8485 at 31 May, reflecting an 8.07% decline that also captures dilution from a recent rights issue priced at $1.42. Managem...
Fat Prophets Global Contrarian Fund Alters Broker for Ongoing On-Market Buy-Back
Jun 25, 2026
Fat Prophets Global Contrarian Fund Ltd., an ASX-listed investment fund offering ordinary fully paid shares under the code FPC, operates in the funds management sector with a focus on contrarian global equity investments for retail and institution...
Fat Prophets Global Contrarian Fund Updates Daily On‑Market Buy-Back Activity
Jun 25, 2026
Fat Prophets Global Contrarian Fund Ltd, an ASX-listed investment fund specialising in a contrarian global investment strategy, offers investors exposure to a managed portfolio through its ordinary fully paid shares trading under the code FPC. The...
Fat Prophets Global Contrarian Fund Issues 1.48m Unquoted Options
Jun 16, 2026
Fat Prophets Global Contrarian Fund Ltd, an ASX-listed investment fund specialising in contrarian global strategies, offers investors access to a diversified portfolio built around value-driven opportunities. The fund targets mispriced assets acro...
Fat Prophets Global Contrarian Fund Seeks Quotation for 1.48 Million New Shares
Jun 16, 2026
Fat Prophets Global Contrarian Fund has applied to list 1,478,877 new ordinary fully paid shares on the ASX under the code FPC, with an issue date of June 16, 2026. The additional quoted securities expand the fund’s listed capital base, pote...
Fat Prophets Global Contrarian Fund Seeks ASX Quotation for Newly Issued Securities
Jun 10, 2026
Fat Prophets Global Contrarian Fund has applied to the ASX for quotation of a new batch of fully paid securities that were issued on 10 June 2026 as part of a previously flagged transaction. The application follows an earlier Appendix 3B lodged on...
Fat Prophets Global Contrarian Fund Issues Over 2.3 Million Unquoted Options
Jun 10, 2026
Fat Prophets Global Contrarian Fund Ltd has issued 2,307,587 unquoted options, designated FPCAC and expiring on June 11, 2027, as part of a previously announced transaction. The move modestly increases the company’s pool of equity-linked sec...
Fat Prophets Global Contrarian Fund Raises $5.4m Through Rights Issue
Jun 10, 2026
Fat Prophets Global Contrarian Fund has completed a non-renounceable pro rata rights issue, raising $3.28 million from shareholder entitlements and additional subscriptions at an issue price of $1.42 per share, increasing its total shares on issue...
Fat Prophets Global Contrarian Fund Adds Underwriter to Planned Pro Rata Issue
Jun 1, 2026
Fat Prophets Global Contrarian Fund has updated its disclosure to the ASX regarding a proposed non-renounceable pro rata issue of securities, confirming that the offer will proceed under the standard listing rule framework. The latest filing advis...
Fat Prophets Global Contrarian Fund Secures Extra Underwriting for Rights Issue
Jun 1, 2026
Fat Prophets Global Contrarian Fund Limited has boosted the underwriting support for its current non-renounceable rights issue, adding a further $100,000 commitment. This raises the total underwritten amount to $2.1 million ahead of the offer̵...
Fat Prophets Fund Adds Underwriter to Planned Pro Rata Capital Raising
May 31, 2026
Fat Prophets Global Contrarian Fund has lodged an updated notice with the ASX outlining a proposed non-renounceable pro rata issue of securities to existing shareholders. The filing confirms that the securities are intended to be quoted on the ASX...
Fat Prophets Global Contrarian Fund lifts NTA and secures strong support for rights issue
May 28, 2026
Fat Prophets Global Contrarian Fund reported an estimated pre-tax NTA per share of $1.8357 as of 27 May 2026, up 1.012% since 30 April 2026, reflecting solid portfolio performance led by Japanese bank holdings. The fund highlighted record annual p...
Fat Prophets Fund Lifts NTA as Japanese Bank Bets and Rights Issue Gain Traction
May 22, 2026
Fat Prophets Global Contrarian Fund has reported an estimated pre‑tax net tangible asset value of $1.8233 per share as at 20 May 2026, up 0.33% since 30 April 2026. The fund’s performance has been supported by its sizeable holdings in ...
Fat Prophets Global Contrarian Fund launches partially underwritten rights issue to boost scale and liquidity
May 4, 2026
Fat Prophets Global Contrarian Fund Limited has launched a non-renounceable pro-rata rights issue, offering eligible shareholders one new share for every five held at an issue price set as the lower of $1.50 or the five-day VWAP up to the closing ...
Fat Prophets Global Contrarian Fund Launches On-Market Share Buy-Back
May 1, 2026
Fat Prophets Global Contrarian Fund Ltd., an ASX-listed contrarian investment fund, provides investors with access to an actively managed global portfolio via its ordinary fully paid shares. The fund focuses on identifying opportunities that diver...
Fat Prophets Global Contrarian Fund Lifts NTA and Trims Precious Metals as It Launches Rights Issue
Apr 30, 2026
Fat Prophets Global Contrarian Fund has reported an estimated pre-tax NTA per share of $1.8476 as at 29 April 2026, up 4.733% from the end of March, as active portfolio management and recent market moves supported performance. The manager has redu...
Fat Prophets Global Contrarian Fund lifts NTA and backs tech giants after AI-driven sell-off
Apr 24, 2026
Fat Prophets Global Contrarian Fund reported an estimated pre-tax net tangible asset value of $1.9338 per share as at 22 April 2026, up 9.62% from $1.7641 on 31 March 2026. The performance reflects active positioning in global equities aligned wit...
Fat Prophets Global Contrarian Fund Launches Non‑Renounceable Rights Issue
Apr 24, 2026
Fat Prophets Global Contrarian Fund Ltd has announced a non‑renounceable pro rata offer to existing shareholders, proposing to issue up to 5,634,496 new fully paid ordinary shares and an equal number of 2026 rights issue options. The capital...
Fat Prophets Global Contrarian Fund Launches Partly Underwritten Rights Issue
Apr 24, 2026
Fat Prophets Global Contrarian Fund Limited, an ASX-listed contrarian investment fund, offers investors exposure to actively managed global equity opportunities that seek to exploit market mispricing. The vehicle targets shareholders in Australia ...
Fat Prophets Global Contrarian Fund Launches Pro Rata Rights Issue
Apr 23, 2026
Fat Prophets Global Contrarian Fund has announced a non-renounceable pro rata rights issue, offering new shares with accompanying options to existing eligible shareholders without a full prospectus, in reliance on disclosure relief under the Corpo...
Fat Prophets Global Contrarian Fund Completes On-Market Share Buy-Back
Apr 21, 2026
Fat Prophets Global Contrarian Fund Ltd. has issued a final notification on its on-market share buy-back program for its ordinary fully paid shares listed on the ASX under code FPC. The fund reported that it has repurchased a total of 559,245 secu...
Fat Prophets Global Contrarian Fund NTA Jumps 10.9% on Tech-Led Rebound
Apr 17, 2026
Fat Prophets Global Contrarian Fund reported an estimated pre-tax net tangible asset value of $1.9566 per share as of 15 April 2026, up from $1.7641 on 31 March, representing a 10.9% increase. The rebound was driven by strong performances in newly...
Fat Prophets Global Contrarian Fund Sets DRP Price for Latest Dividend
Apr 15, 2026
Fat Prophets Global Contrarian Fund Ltd has updated its dividend notification for holders of its ordinary fully paid shares, confirming details for a distribution relating to the six-month period ended 31 December 2025. The fund has disclosed the ...
Fat Prophets Global Contrarian Fund Hit by March NTA Slump but Backs Tech and Commodities Rebound
Apr 15, 2026
Fat Prophets Global Contrarian Fund reported a sharp decline in net tangible assets for March 2026, with pre-tax NTA falling 19.5% to $1.7641 and post-tax NTA down 16.45% to $1.6217. Management attributed the drawdown to a global risk-off shift dr...
Director Michael Gallagher Increases Indirect Stake in Fat Prophets Global Contrarian Fund via DRP
Apr 12, 2026
Fat Prophets Global Contrarian Fund Limited has reported a change in the indirect holding of director Michael Gallagher, reflecting an increase in his interest in the company through a superannuation fund structure. The adjustment underscores cont...
Fat Prophets Director Increases Indirect Holding via Dividend Reinvestment
Apr 12, 2026
Fat Prophets Global Contrarian Fund Limited has disclosed a change in director Katrina Vanstone’s indirect interest in the company’s securities. Vanstone holds her interest through Vanstynes Pty Limited as trustee of the VANSTYNES SUPE...
Fat Prophets Global Contrarian Fund Rebounds as NTA Jumps Nearly 10%
Apr 9, 2026
Fat Prophets Global Contrarian Fund reported an estimated pre-tax net tangible asset value of $1.9374 per share as at 8 April 2026, up 9.824% from $1.7641 at 31 March, indicating a solid rebound in the first week of April after last month’s ...
Fat Prophets Global Contrarian Fund Issues DRP Shares and Affirms Compliance
Apr 9, 2026
Fat Prophets Global Contrarian Fund Limited, an ASX-listed investment fund focused on contrarian global opportunities, offers investors access to a diversified portfolio built around value and out-of-favour assets. The fund targets international m...
Fat Prophets Global Contrarian Fund Seeks Quotation of New Dividend Plan Shares
Apr 9, 2026
Fat Prophets Global Contrarian Fund has applied to the ASX for quotation of 66,653 new fully paid ordinary shares. The new securities are being issued under a dividend or distribution plan and will be quoted from 9 April 2026, modestly increasing ...
Fat Prophets Global Contrarian Fund Posts Sharp One-Day NTA Gain
Apr 6, 2026
Fat Prophets Global Contrarian Fund has reported an estimated pre-tax net tangible asset value of $1.8635 per share as at 1 April 2026, up from $1.7641 per share a day earlier. The 5.635% increase in NTA over this one-day period signals a sharp po...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.