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GQG Partners, Inc. Shs Chess Depository Interests Repr 1 Sh
(Sydney:GQG)
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Rating:77Outperform
Price Target:
AU$1.00
â–Ľ(-32.89% Downside)
Action:Reiterated
Date:09/12/26
The score is driven primarily by strong financial performance (high profitability, low leverage, and high-quality cash flows) and very compelling valuation (low P/E and high dividend yield). These positives are partially offset by weak technicals, with the price below key moving averages and bearish momentum indicators, suggesting the near-term trend remains unfavorable.
Positive Factors
Conservative balance sheet
Low leverage gives GQG substantial financial flexibility and limits the burden of interest and refinancing obligations. This supports resilience through weaker operating periods and leaves more capacity to preserve shareholder distributions or invest in the investment-management platform.
Negative Factors
Sharp 2025 revenue contraction
The sharp reversal after several years of expansion raises a material question about the durability of GQG’s earnings trajectory. If weaker revenue reflects sustained pressure on assets, mandates, or fee income, high margins alone may not prevent future profit deterioration.
Read all positive and negative factors
Positive Factors
Negative Factors
Conservative balance sheet
Low leverage gives GQG substantial financial flexibility and limits the burden of interest and refinancing obligations. This supports resilience through weaker operating periods and leaves more capacity to preserve shareholder distributions or invest in the investment-management platform.
Read all positive factors
GQG Partners, Inc. Shs Chess Depository Interests Repr 1 Sh (GQG) vs. iShares MSCI Australia ETF (EWA)
Market Cap
AU$3.24B
Dividend Yield18.88%
Average Volume (3M)4.96M
Price to Earnings (P/E)5.0
Beta (1Y)0.95
Revenue Growth-4.25%
EPS Growth-5.70%
CountryAU
Employees239
SectorFinancial
Sector Strength70
IndustryAsset Management
Share Statistics
EPS (TTM)0.16
Shares Outstanding2,958,014,000
10 Day Avg. Volume9,782,168
30 Day Avg. Volume4,955,851
Financial Highlights & Ratios
PEG Ratio1.09
Price to Book (P/B)7.69
Price to Sales (P/S)4.08
P/FCF Ratio7.12
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
AU$1.51Price Target Upside1.45% Upside
Rating ConsensusHold
Number of Analyst Covering6
EPS Forecast (FY)0.15
Revenue Forecast (FY)AU$764.92M
GQG Partners, Inc. Shs Chess Depository Interests Repr 1 Sh Business Overview & Revenue Model
Company Description
GQG Partners Inc. together with its subsidiaries, is a global boutique asset management firm focused on active equity investment management internationally. The company offers several vehicles, including separately managed accounts, U.S. mutual fu...
How the Company Makes Money
GQG Partners primarily makes money by earning management fees for overseeing client assets under management (AUM). These fees are typically calculated as a percentage of AUM and are recognized as advisory/management fee revenue as long as client c...
GQG Partners, Inc. Shs Chess Depository Interests Repr 1 Sh Financial Statement Overview
Summary
Income Statement
82
Very Positive
Balance Sheet
88
Very Positive
Cash Flow
92
Very Positive
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 804.23M | 836.44M | 742.85M | 517.59M | 436.83M | 397.94M |
| Gross Profit | 767.24M | 797.38M | 742.85M | 424.55M | 365.16M | 345.05M |
| EBITDA | 626.83M | 630.98M | 587.29M | 384.80M | 332.47M | 323.61M |
| Net Income | 462.55M | 463.25M | 431.56M | 282.52M | 237.94M | 304.87M |
Balance Sheet | ||||||
| Total Assets | 524.44M | 493.39M | 463.92M | 389.50M | 341.98M | 375.86M |
| Cash, Cash Equivalents and Short-Term Investments | 170.33M | 134.87M | 96.06M | 64.94M | 19.48M | 56.79M |
| Total Debt | 25.51M | 26.79M | 19.46M | 19.22M | 10.68M | 2.15M |
| Total Liabilities | 61.28M | 50.29M | 48.98M | 39.96M | 29.88M | 85.08M |
| Stockholders Equity | 464.58M | 444.47M | 415.17M | 349.54M | 312.10M | 290.78M |
Cash Flow | ||||||
| Free Cash Flow | 493.50M | 480.05M | 415.06M | 294.46M | 245.30M | 301.43M |
| Operating Cash Flow | 494.76M | 483.10M | 419.18M | 295.15M | 245.30M | 302.25M |
| Investing Cash Flow | -711.76K | -3.08M | -106.04M | -1.38M | -3.52M | -4.88M |
| Financing Cash Flow | -426.74M | -440.69M | -283.91M | -248.25M | -278.47M | -257.40M |
GQG Partners, Inc. Shs Chess Depository Interests Repr 1 Sh Technical Analysis
Negative
1.49
Price Trends
1.34
Negative
1.40
Negative
1.49
Negative
Market Momentum
-0.05
Positive
23.37
Positive
10.34
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:GQG, the sentiment is Negative. The current price of 1.49 is above the 20-day moving average (MA) of 1.31, above the 50-day MA of 1.34, and below the 200-day MA of 1.49, indicating a bearish trend. The MACD of -0.05 indicates Positive momentum. The RSI at 23.37 is Positive, neither overbought nor oversold. The STOCH value of 10.34 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for AU:GQG.
GQG Partners, Inc. Shs Chess Depository Interests Repr 1 Sh Peers Comparison
UnderperformOutperform
Sector (68)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
77 Outperform | AU$3.24B | 5.02 | 101.77% | 18.88% | -4.25% | -5.70% | |
71 Outperform | AU$2.53B | 17.34 | 8.75% | 7.50% | -17.31% | -45.44% | |
71 Outperform | AU$2.11B | 23.16 | 5.64% | 6.67% | -16.00% | ― | |
70 Outperform | AU$3.19B | 17.62 | 16.92% | 4.31% | 22.38% | 22.74% | |
69 Neutral | AU$2.87B | 18.08 | 49.77% | 2.65% | 586.06% | 463.96% | |
68 Neutral | $18.00B | 11.42 | 9.92% | 3.81% | 9.73% | 1.22% | |
53 Neutral | AU$5.98B | 32.93 | 5.08% | 2.03% | -4.68% | 4.33% |
* Financial Sector Average
AU:GQG
GQG Partners, Inc. Shs Chess Depository Interests Repr 1 Sh
1.10
-0.39
-26.26%
AU:AMP
AMP
2.46
0.71
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Magellan Financial Group Ltd
8.67
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1.62%
AU:L1G
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67.90%
AU:PNI
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13.92
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-21.57%
GQG Partners, Inc. Shs Chess Depository Interests Repr 1 Sh Corporate Events
GQG Partners Dropped from S&P/ASX 200 in September Index Rebalance
Sep 4, 2026
SP Dow Jones Indices has announced its September 2026 quarterly rebalance of the SP/ASX indices, with changes taking effect before the market opens on September 21. The reshuffle affects key benchmarks including the SP/ASX 50, 100, 200 and 300, al...
GQG Partners Posts Slight Profit Dip but Maintains Interim Dividend
Aug 20, 2026
GQG Partners Inc. reported a modest decline in performance for the half year ended 30 June 2026, with revenue from ordinary activities down 1.4% to $397.249 million and net profit attributable to shareholders slipping 0.8% to $228.441 million. Des...
GQG Partners’ Assets Edge Higher as Performance Offsets Ongoing Outflows
Aug 11, 2026
GQG Partners reported total funds under management of $156.4 billion as of 31 July 2026, slightly up from $156.0 billion a month earlier, driven by approximately $5.0 billion in positive investment performance. This gain offset $4.5 billion in net...
GQG Partners Sets Investor Call for Release of 2026 Half-Year Results
Aug 6, 2026
GQG Partners Inc., a U.S.-based global investment boutique listed on the ASX, specializes in actively managed equity portfolios for major institutional clients such as pension and sovereign funds, wealth managers, and other financial institutions....
GQG Partners Reports Lapse of Equity Incentive Securities
Jul 13, 2026
GQG Partners Inc. has reported the lapse of 78,147 restricted stock units and 202,794 performance stock units after the specified vesting or performance conditions were not met or became incapable of being satisfied. The cessation of these securit...
GQG Partners Issues Over 10 Million Restricted Stock Units Under Incentive Plan
Jul 13, 2026
GQG Partners Inc. has issued 10,017,343 restricted stock units under its employee incentive scheme, with the new unquoted securities recorded as issued on June 1, 2026. The move underscores the firm’s continued use of equity-based compensati...
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.