L1 Group L1G

Morningstar Rating
A$1.13 +0.03 (2.74%)
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Company Report

Price vs Fair Value

L1G is trading at a LOCK|#$%jH premium.
Price
A$1.13
Fair Value
LOCK|Jy
Uncertainty
LOCK|TN
1-Star Price
LOCK|^@
5-Star Price
LOCK|hM
Economic Moat
LOCK|%c@
Capital Allocation
LOCK|$XC>LZh

Bulls Say, Bears Say

Bulls

A strong long-term record has established L1 Group as one of the best-known fund managers in Australia.

Bears

Key-person risk is high. The majority of L1 Group’s earnings come from a handful of funds, making it highly reliant on key investment personnel and the performance of its main funds.

Trading Information

Previous Close Price
A$1.10
Day Range
A$1.10–1.14
52-Week Range
A$0.93–1.37
Bid/Ask
A$1.12 / A$1.14
Shares Outstanding
5.13B
Market Cap
A$2.89B
Volume/Avg
1M / 3M

Key Statistics

Price/Earnings (Normalized)
13.64
Price/Sales
2.70
Dividend Yield (Trailing)
2.67%
Dividend Yield (Forward)
3.56%
Dividend Payment Schedule
Mar, Sep
Total Yield
2.67%

Company Profile

L1 Group was formed through the merger of two Australian investment management firms: Platinum Asset Management, a Sydney-based international equities manager founded in 1994, and L1 Capital, a Melbourne-based boutique founded in 2007 with diversified capabilities across equities, alternatives, and property investments. The combined entity serves a diverse client base encompassing institutional investors, wholesale clients, high-net-worth individuals, and retail investors across both domestic and international markets. The firm had approximately AUD 19 billion in funds under management as of September 2026.
Sector
Financial Services
Industry
Asset Management
Stock Style Box
Mid Core
Total Number of Employees
—

Competitors

Valuation

Metric
L1G
MFG
PPT
Price/Earnings (Normalized)
13.649.6210.24
Price/Book Value
7.241.351.28
Price/Sales
2.706.921.80
Price/Cash Flow
6.6810.587.34
Price/Earnings
L1G
MFG
PPT

Financial Strength

Metric
L1G
MFG
PPT
Quick Ratio
——0.75
Current Ratio
——1.58
Interest Coverage
——1.31
Quick Ratio
L1G
MFG
PPT

Profitability

Metric
L1G
MFG
PPT
Return on Assets (Normalized)
21.93%13.37%5.56%
Return on Equity (Normalized)
32.67%14.42%11.64%
Return on Invested Capital (Normalized)
——7.69%
Return on Assets
L1G
MFG
PPT

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